If you are wondering where you should invest, you should know what type of investor you are. Then you can match your profile against the myriad possibilities and create a clear path forward.
By the end of this article, I promise you to make a clear decision about the right way forward will be to make, you just need to choose between two different choices.
First step, decide how much of your money and / or equity that you want to invest in real estate (asset allocation, if you want to sound down the pub well!) Once you have an idea of the amount of cash or assets you have to spend, there are some important questions you need to ask yourself (and answers!) Questions to step 2:
* Attitude to risk. Are you 'I really want to go all buy as much as possible everywhere, "or more" I just want a good solid investment which is a nice bonus will come retirement?
To borrow. * Attitude Do you hate the thought, or nurture other people's money to make richer
* I want something for fun but also as an investment?
* What is more important, capital growth or rental return?
* Do I have to pay for themselves, the house (s) or I can afford to support them?
* How close or far I am comfortable owning a property (flight)
* Which countries, if any, I have an interest in or knowledge of?
* What do I really want to achieve and in what time scale.
As well as the above, you should also consider how important rental guarantees are, if you want to try and get a discount and you are happy to buy 'off-plan'?
So, once you have created your own profile it's worth a summary of your goals and strategy in one or two sentences, creating your own Personal Plan, for example - "Using £ X, 000 I want a portfolio of five off-plan properties in high-risk, high-growth areas where rental income will cover the mortgage payments and at least one of the features that I can use for a holiday "
Now comes the fun part! Research, followed by more research! Step 3 is the range of countries where you could invest investigate. The main task is to continuously match the facts about the countries that against your own profile. There is a range of information that you should investigate, but essentially you are looking for a country that allows you to fulfill. Your summary statement This equates to four areas:
1.What are the fundamentals that are going to encourage the growth of capital
2.What is the level of risk associated with a particular country, and it is over-or undervalued?
3.Does the available financial resources, property prices, rental yield kk and make it financially viable?
4.How strong resale and rental market
Once you have a country in mind, step 4 is to tighten to specific regions or places, and find out down what kind of options are available to you then. If you are struggling, then either that country is not good for you, or your personal goals are unrealistic and should be reviewed.
If your strategy is to your limited cash your decision about which country is largely driven by the need to find more innovative finance deals stretch. As far as possible, then For example, your search to discover a 90% mortgage and 10% deposit to pay more than 2 years, or in Sofia (Bulgaria) where there is 100% financing available and guaranteed tenants of houses in a chance in South Cyprus suburbs. If your strategy focuses more on the rental income, then you may have a 10 year guaranteed rental income to discover, with a minimum of 10% net return, or 15% + returns in the United States in Thailand.
So, what are your two choices for the future (as promised)? Simply put, either you commit to following the path described in this article, or you know someone who can do it like for you. That's making now. Most important decision for you
The mistake that many people make is to follow a middle course, where they get themselves confused enough information but not enough to make as part of a clear strategy an informed decision. Consider the advice of a large (equity) investor. : When asked what the average investor should do, he replied "The average investor should be investing for him to do find a major investor, and then something he really likes to do do do"
Nick Shinner
By the end of this article, I promise you to make a clear decision about the right way forward will be to make, you just need to choose between two different choices.
First step, decide how much of your money and / or equity that you want to invest in real estate (asset allocation, if you want to sound down the pub well!) Once you have an idea of the amount of cash or assets you have to spend, there are some important questions you need to ask yourself (and answers!) Questions to step 2:
* Attitude to risk. Are you 'I really want to go all buy as much as possible everywhere, "or more" I just want a good solid investment which is a nice bonus will come retirement?
To borrow. * Attitude Do you hate the thought, or nurture other people's money to make richer
* I want something for fun but also as an investment?
* What is more important, capital growth or rental return?
* Do I have to pay for themselves, the house (s) or I can afford to support them?
* How close or far I am comfortable owning a property (flight)
* Which countries, if any, I have an interest in or knowledge of?
* What do I really want to achieve and in what time scale.
As well as the above, you should also consider how important rental guarantees are, if you want to try and get a discount and you are happy to buy 'off-plan'?
So, once you have created your own profile it's worth a summary of your goals and strategy in one or two sentences, creating your own Personal Plan, for example - "Using £ X, 000 I want a portfolio of five off-plan properties in high-risk, high-growth areas where rental income will cover the mortgage payments and at least one of the features that I can use for a holiday "
Now comes the fun part! Research, followed by more research! Step 3 is the range of countries where you could invest investigate. The main task is to continuously match the facts about the countries that against your own profile. There is a range of information that you should investigate, but essentially you are looking for a country that allows you to fulfill. Your summary statement This equates to four areas:
1.What are the fundamentals that are going to encourage the growth of capital
2.What is the level of risk associated with a particular country, and it is over-or undervalued?
3.Does the available financial resources, property prices, rental yield kk and make it financially viable?
4.How strong resale and rental market
Once you have a country in mind, step 4 is to tighten to specific regions or places, and find out down what kind of options are available to you then. If you are struggling, then either that country is not good for you, or your personal goals are unrealistic and should be reviewed.
If your strategy is to your limited cash your decision about which country is largely driven by the need to find more innovative finance deals stretch. As far as possible, then For example, your search to discover a 90% mortgage and 10% deposit to pay more than 2 years, or in Sofia (Bulgaria) where there is 100% financing available and guaranteed tenants of houses in a chance in South Cyprus suburbs. If your strategy focuses more on the rental income, then you may have a 10 year guaranteed rental income to discover, with a minimum of 10% net return, or 15% + returns in the United States in Thailand.
So, what are your two choices for the future (as promised)? Simply put, either you commit to following the path described in this article, or you know someone who can do it like for you. That's making now. Most important decision for you
The mistake that many people make is to follow a middle course, where they get themselves confused enough information but not enough to make as part of a clear strategy an informed decision. Consider the advice of a large (equity) investor. : When asked what the average investor should do, he replied "The average investor should be investing for him to do find a major investor, and then something he really likes to do do do"
Nick Shinner
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