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The 3 Myths of Property Investment

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Many people tell me that they want to get into property, but don’t know where to start or which strategy to choose.

“Should I try residential or commercial”, they ask me, “single let buy-to-let or HMO’s?”.

How will I find the money for deposits, which area should I invest in, should I use a limited company? These are all questions I get asked by people wanting to become a professional property investor.

Firstly, let’s get rid of a few myths that may be holding you back from taking the first step.

 

  • Myth No.1 - You need your own money to get into property.

    Not true. There are a number of strategies you can use to get into property investment with either no money or by using other people’s money.

  • Myth No.2 - It takes years of experience and special skills to become a professional property investor.

    Nonsense. I’ve seen people become investors within a few weeks of taking a course and go on to build a portfolio much larger than “experienced” investors.

  • Myth No.3 - You need special connections and have to be “in the know” to get all the best deals.

    Again, not so. Anybody can build their network and connections in property by learning and simply getting out there and meeting people. There are hundreds of networking events, courses and seminars running every month, all over the country. Not only can you build your connections at these events, but you can also expand your knowledge.

 

So how can you get started right now?

My friends at Progressive are running several events to give you the opportunity to look at a number of strategies so you can decide which is best for you.

 

Multiple Streams of Property Income Event

  • 6 - 8th December– Peterborough
  • 17 - 19th January 2020 – Peterborough
  • 24 - 26th January 2020 - Manchester
  • 31st Jan - 2nd Feb – Peterborough

An excellent 3 day event covering multiple streams of income and strategies.

 

I have a limited number of complimentary tickets for these events. If you are interested, message me on Facebook or email me at charles@charleskelly.net

 

Word of the Day

 

Commonhold

 

Commonhold is a tenure used for new build flats as an alternative to leasehold or share of freehold.

There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

 

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