Property FAQ's 4 - Mortgages, How to Add Value to a Property - The Property Nomads

Property FAQ's 4 - Mortgages, How to Add Value to a Property

In this episode, Rob continues with his Property FAQ series. He covers several important topics including how to choose the right mortgage, identify lucrative areas to invest in and work out the return on your investment. Below is a quick overview of the questions he answers in this episode, as well as a few key tips and tricks that he shares.

This is the 4th in Rob´s Property FAQ series. If you would like to hear the others do so by navigating your way back to episodes 188, 192 and 195.

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KEY TAKEAWAYS

Is an interest-only mortgage better than a repayment mortgage?
Inflation plays a role in deciding which type of mortgage a property entrepreneur should use. Rob explains why that is in the podcast.
Should I use other people´s money to invest?
Can I invest in my area?
Understand what type of property business model is likely to work best in each area.
What is the best way to keep up with property news? – Rob shares several sources in this episode.
How can I work out the yield/return on a property? Rob explains the 3 main options and how he and Aaron do it.
How do I find a good rental area?
Be aware that even in towns and cities where rental demand is high, there are streets or areas people don´t want to live in.
How can value be added to a property?

BEST MOMENTS

‘Speak to your broker and know why you are investing in property and what you want to achieve.’

‘You can always use a blend of finances, as well.’

‘Research, research, research….it really is essential.’

ABOUT THE HOST

Rob Smallbone the host of The Property Nomads Podcast, is on a global mission to guide your success. Success can happen in many ways, shapes, and forms. Think about what success means to you. More properties? More clients? Financial freedom? Time freedom?

Rob wants to make a huge difference to people around the world. He is here to guide your success in property, business, and life and to inspire you to achieve your goals, dreams, and visions. He's travelled, explored, and invested. And he's not planning on stopping these activities anytime soon.

Buckle up, sit tight, and enjoy the ride that is life.

BOOKS

Buy To Let: How to Get Started = https://amzn.to/3genjle

101 Top Property Tips = https://amzn.to/2NxuAQL

WEBSITE

www.tpnpodcast.com

SHOP

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