Off Plan Property - 7 Principles to Property Investment Success
In less than 3 year Damian Qualter MD of www.buyproperty4less.com has built a personal property investment portfolio of over ?5.5m. Damian now helps investors build up their own portfolios
"There are so many seminar companies around charging clients ?000s to attend 2 and 3 day workshops that give you a wash of information and in most cases that it is not relevant to their personal circumstances. Buyproperty4less is working with clients now and asking them what they are looking for and then we tailor make solutions for them"
"Our business has grown dramatically in recent months despite the general slow-down in the UK property investment market. We prefer to work with individuals who are in for the mid to long term. This is not a "get rich quick" scheme. Investors who look for "no-money down" deals often are risking more as they are too highly geared. We sit down with clients and develop a business plan which focuses on their goals, finance and risk criteria"
" I have made many mistakes in my own portfolio and I try and teach buyproperty4less clients not to do the same. This alone can save them ?000s"
"The principles I apply to property are fundamental to success"
7 Principles to Property Investment Success
1. The profit is made when buying a property NOT when selling 2. Never pay the asking price - always negotiate 3. Do the sums - does the deal stack up financially 4. Is there a demand for this type of rental property in the area you are buying in 5. Have a good professional team around you 6. Set out a plan 7. Always be prepared for contingencies
"If you use the following principles you wont go far wrong. Its taken me 3 years to build my portfolio. Ive made every mistake in the book. Make sure you have done your own research BEFORE you buy. Dont believe all you are told"
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