Today Nationwide announced that house prices rose 12.6% year on year and reached a new national high of £260,000. With housing prices in the...
Today Nationwide announced that house prices rose 12.6% year on year and reached a new national high of £260,000.
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?
I’d recommend doing as much research as possible, joining forums, reading blogs like the one you’re reading now and maybe finding a mentor – someone who’s been there and done it already.
At NGU, we’re not only a letting agent but serious property investors as well – we own over 100 properties across the North-East and live, breathe and dream property.
We’re looking to find 10 committed property investors this year to help them expand their portfolio. Are you interested?
Well before committing I thought I’d share some top tips on flipping properties. This isn’t “Homes under the Hammer” where every refurb costs 50% less than it does in real life, the sales price is toppy and there’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 don’t know how you feel, but when buying a property you realise how big a commitment it is? You’ve grafted months on end to raise a deposit and don’t want it turning into a bum deal?
That’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 we’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 you’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 – 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 you’re interested in investing in 2022!