Every day I try and remember my why? Why I got into property, since that helps me to refocus my mind on how to...
Every day I try and remember my why?
Why I got into property, since that helps me to refocus my mind on how to help our landlords and investors.
I got into property to generate long term wealth. This was so I could become less reliant on my job, have a pension for my old age and to explore other opportunities to increase my asset and wealth base.
Who wouldn’t want to get into property having binge watched “Homes Under the Hammer” 😂
To generate long term wealth you need to either:
MAXIMISE your INCOME 💯 or MINIMISE your COSTS 👌
I’m going to concentrate on your main costs today, these being:
✔Insurance
✔Maintenance
✔Mortgages
Specifically mortgages, interest rates are historically low and house prices are on the rise in the North-East, so it might be a great time to either reduce your mortgage costs or raise some finance for additional purchases.
That’s why I got our mortgage advisor, Gary, to give a buy to let mortgage update with some great tips on raising finance, reducing your mortgage costs etc.
See video below 👇
If you want some free advice regarding your current buy to let mortgage and possibly reducing your monthly costs give us a bell today!
PS: I’m going to interview Gary monthly, so if there’s a specific subject you’d like us to cover let us know. For example on BRR (Buy, refurbish, refinance strategies), Personal vs Ltd companies, minimum requirements for a B2L mortgage etc.
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