Today Nationwide announced that house prices rose 12.6% year on year and reached a new national high of ยฃ260,000.ย  With housing prices in the...

Today Nationwide announced that house prices rose 12.6% year on year and reached a new national high of ยฃ260,000.

With housing prices in the North-East low compared to the rest of the UK, maybe 2022 is the year to finally dip your toes into buy-to-let or to expand your portfolio?

How do you start?

Iโ€™d recommend doing as much research as possible, joining forums, reading blogs like the one youโ€™re reading now and maybe finding a mentor โ€“ someone whoโ€™s been there and done it already.

At NGU, weโ€™re not only a letting agent but serious property investors as well โ€“ we own over 100 properties across the North-East and live, breathe and dream property.

Weโ€™re looking to find 10 committed property investors this year to help them expand their portfolio. Are you interested?

Well before committing I thought Iโ€™d share some top tips on flipping properties. This isnโ€™t โ€œHomes under the Hammerโ€ where every refurb costs 50% less than it does in real life, the sales price is toppy and thereโ€™s never any costings for selling.

This is real life from serious, committed investors whose primary AIM is to MAKE MONEY!

Buying, renting or flipping is a serious business. I donโ€™t know how you feel, but when buying a property you realise how big a commitment it is? Youโ€™ve grafted months on end to raise a deposit and donโ€™t want it turning into a bum deal?

Thatโ€™s why you need a couple of property hacks to help you make the most money and prevent you overspending.

See below for some refurb tips to help you make more money!

As mentioned weโ€™re looking to provide a bespoke service to 10 serious investors this year, ready to go now and wanting to make money in 2022. If youโ€™re interested could you answer the questions below so we can see if we can help you:

  • What type of property are you looking for and if there is a certain area you would like to stick to across the northeast? (we can assist with the area if you are unsure of demand across the North East)
  • Initial capital investment โ€“ what is yours? How much is your criteria in terms of the purchase price, yield, return etc?
  • What is your goal for this year / how many properties are you looking to add to your portfolio?
  • Are you looking for a buy to let property that needs refurb so you can refinance or sell or are you looking for a rock solid rental property that is ready to let once the purchase is complete?

PS: Investors will be dealt with on a first come first serve basis so drop us an email if youโ€™re interested in investing in 2022!