Property Developers: What NOT to Do

If you’re an amateur property developer, then it’s really easy to underestimate the cost of the build. We’ve put together a few hints and tips for you to make sure that you don’t make the big mistakes, and lose money on your investment.

Property development

Buying in the Wrong Area

When you’re buying a property to do up, you need to think very carefully about who will buy that property. If it’s an up-and-coming area, but it’s still not very nice, then no one will want spend a fortune to live there. You might think that it’s easy to find a gem, but houses on main roads or those in areas with poor transport links will always go for a cheaper price than the same house in a different place.…

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London: How to Find Tenants in a Stifled Market

It has just been revealed that the house prices in London have increased up to £43,115 in the first six months of the year. This inflation has forced many potential home-buyers into the rental market, but recently, even rent prices have gotten too much for many.

For rent sign

So if you’re a potential landlord, how can you ensure that you can find somebody who’s going to be willing to live in your property, despite the stifling market? There are some tips you can follow to give yourself a better chance of having a stable rent income coming in. Here are just a few.…

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