We all know
there are risks in any type of investments.
The biggest
risk is that our original plan isn’t working out – in one way or another!
One big problem
this pandemic has brought to many landlords is that the rents has reduced
significantly in some areas, such as central London.
Another example
is that short term accommodation strategies (serviced accommodations, holiday
lets) are not working very well due to COVID-19, especially in cities that used
to get many traveller and tourists.
But another
potential danger is still slowly happening. We are in recession now and the
furlough scheme is coming to an end. Many people will lose their jobs in the
next few months or one year. A big risk for landlords is that their tenants
might start having trouble to pay rent.
If you are getting
into property investing or already have rental properties, do you have a PLAN B
for the above scenarios?
I was reading
my favourite property investment magazine YPN the other day and there was a
section on ‘Supported living’ and ‘Social Housing’ – which could work very well
as a hedge against some of the issues above.
If you haven’t
heard of the strategy before, you should definitely give it a thought.
GET YOUR 1st
COPY of YPN FOR FREE HERE
And you can
read the section on ‘Supported Living’ and ‘Social Housing’ in Issue 149.
To investing
for maximum return and minimum risk,
Emma
*I can give you the step-by-step action points
you need to take, to build an extra £2000/month income through property within
6-12 months – CLICK HERE to
book a free strategy session with me.
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