2. A G I L E P R O P E R T Y P A R T N E R S
KNOWYOUR
MARKET
Inmostplacesyouneedtothinkaboutwhoisgoingtorent
yourproperty.Withanabundanceofrentalpropertiesina
saturatedmarket,youarenotguaranteedtenants,let
alonegoodones.Thinkaboutwhothepropertywillappeal
to,withoutsidefactorssuchasproximitytoschools,
transportandthelike.
3. A G I L E P R O P E R T Y P A R T N E R S
DON'T
COUNTON
PRICERISES
Overthelasteightyears,priceshavesteadilygoneupbut
therearesignsthemarketisslowing,Combinedwiththe
uncertaintyofBrexit,thismeansyoucannotguaranteea
returnonyourcapitalinvestmentwhenyousell.Instead,
youshouldbethinkingaboutreturnscomingthrough
rentalvalueandlongtermgain.
4. A G I L E P R O P E R T Y P A R T N E R S
ADDVALUE
INOTHER
WAYS
Youcanmaximiseyieldsbyrenovating,extendingand
refurbishing.Thismayinvolvesomeexpenditureinthe
shortterm(orevenaheftyamountofhardworkifyoudoit
yourself)butit’sagoodwaytoboostrentalincomeand
addvaluetotheproperty.
5. A G I L E P R O P E R T Y P A R T N E R S
NEVER
SCRIMPON
CHECKS
Itcanbeanadditionalcosttogothroughalltherelevant
tenantchecksbutthiscouldsaveyoubigmoneyinthe
longterm.Problemtenantscanbeanightmare,difficultto
removeandcancostthousandsindamagesandlegalfees.
Afewpoundsspentondoingyourhomeworkcanhelpyou
avoidallthistrouble.
6. A G I L E P R O P E R T Y P A R T N E R S
ALWAYS
GET
INSURANCE
Similartothelastpointbutalwaysworthrepeatingasitis
important.Goodinsuranceprotectsyouagainsttheworst
happening,anditdoesoccasionallyhappen.Ifyou’renot
insuredthenyouriskfacingthousandsofpoundsofrepair
billsorworse.
7. A G I L E P R O P E R T Y P A R T N E R S
CONTACTUS
IFYOUNEED
ADVICE
Investinginpropertyisneveraguaranteeofagoodreturn
butifyouarecautiousandfollowgoodadvice,your
chancesofsuccessaresignificantlyimproved.
Ifyouwouldliketochataboutanythingtodowithproperty
investment,giveusaringonNorwich01603567804or
email info@a-pp.co.uk