Making an Income From Property & Property Profits
Income from Property
A growing number of people over the last few years have been making a tidy profit making an income from property.
Some have gone down the self-build route, then sold the property
Some have taken out buy to let mortgages and built a portfolio of property to rent out
Profit has been made on new build property - off-plan, which hasn't even been built yet has been a popular route . They've often simply put down a small deposit when the building is just a plan - then sold it the minute the keys are in their hand. If they did their homework right they pocketed a great profit from doing it too!
Is there a place in the property market for you too! You simply need to find out what's available, find out all about it and make a decision.
Property investment isn't for everybody - and in a changing market you really have to have thought through what you're trying to do, take professional advice and really done the maths! In recent years, people have relied on what seems to have been a rising market. They thought it was their hard work or brilliance that generated them profits, when it was the housing market bubble that was making the money for them, riding the back of an over-inflated marketplace, based on loose lending and false valuations. There has been systematic fraud in recent years with house prices - and a lot got caught up in it.
Now things have changed and values are plummeting, it's still possible to buy the right property at the right price, but you need to work out which property, where and why - and buy at the right price.