Have you been wanting to get into property investing but you
FEEL STUCK because you don’t have money to invest?
Lately, I hear a lot of my clients complain that they don’t
have funds to get started in property.
In fact, this seems to be the number one challenge aspiring
property investors have!
But it’s a HUGE MYTH!
There are ways to raise funds, Joint Venture, and also there
are many strategies that don’t require a heavy upfront capital investment. I
will be sharing more on these topics in the next few days as people really want
to know more about it.
But today I want to share with you one strategy that I used
myself, which requires less than £3-5k
to start with, and you can get it back in less than a month, while building an
ongoing income of £700-£1000/month per property.
This strategy is called Rent to Rent – some of you may have
heard of it. It is based on the wholesale/retail concept. You would rent a big
house or flat (or even building), and then you rent out the individual units
separately. You make the profits on the differences in rent you receive and
pay.
I started my Rent to rent company in central London 5 years
ago (YES it works in central London). It now has almost 300 rooms. This is the
fastest and least expensive method to build up a cash reserve, which you can
later put in a Buy To Let investment property that you own. These two
strategies complement each other very well.
If you know what kind of property to look for, and what
exactly to do, you can build up an extra income stream pretty quickly. It takes
on average 3 months to complete a property purchase in the UK. It takes 1-2
weeks from signing up a Rent to Rent property and having rooms rent out –
starting your first £700-1000/month cashflow. As you don’t own the property,
the risk is much lower too.
So why isn’t everybody doing it? Well, it’s not the easiest
to know what kind of property to look for and where to find them. With the
tighter regulations in recent years, it’s becoming harder to find truly
compliant properties, making it harder for newbies to get started in this.
Are you interested in learning more about Rent to Rent?
Book a free strategy
session with me CLICKING HERE,
and I will share with you the exact type of properties that will give you
£700-1000/month compliantly.
To overcoming your funds challenge,
Emma
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