Every day I try and remember my why?ย  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 wouldnโ€™t want to get into property having binge watched โ€œHomes Under the Hammerโ€ ๐Ÿ˜‚

To generate long term wealth you need to either:

MAXIMISE your INCOME ๐Ÿ’ฏ or MINIMISE your COSTS ๐Ÿ‘Œ

Iโ€™m going to concentrate on your main costs today, these being:

โœ”Insurance

โœ”Maintenance

โœ”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.

Thatโ€™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 ๐Ÿ‘‡

Changing your buy to let mortgage is a great way to save you money๐Ÿ‘Œ

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: Iโ€™m going to interview Gary monthly, so if thereโ€™s a specific subject youโ€™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.