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Property Developer Secrets
Property Developer Secrets
How To Make Money In the UK Property Market TODAY!
Is there still the potential in the UK property market to make money?
The answer is YES!
The how is property development - that's why we have thoroughly updated Property Developer Secrets to reflect the ever-changing market in this country...
Property Developer Secrets is your insider guide to minimising risk and maximising returns in today's UK market. It's 156 pages are designed to provide you with all you need to know about the UK market, helping you make the right investment decisions.
You will learn:
- How to plan your UK property market strategy
- What type of property you should look for to best suit you
- All you need to know about buying, renovating and selling property
- How to become a professional property developer
Property Developer Secrets will provide you with answers to your questions about making money in today’s market, from planning a strategy to selling your property:
Excerpt 1 – Planning Your Strategy
With proper planning and preparation, you can make great profits in the long term, while earning a good return from the very beginning. This is one of the reasons why a growing number of people view their property investment as their pension.
A property’s location is more important than its condition, as a property in a good location can be easier to sell, and sell faster. Also, well-located property tends to be more resilient to market weakness.
Key Tip:
It is generally a better bet to take on a smaller number of more expensive (£200k plus) properties, than many cheaper ones (of under £150k), as there will be less work involved and you’ll achieve as good, if not better, returns.
What are your property investment goals?
How much money do you want to earn from your investments?
In what timeframes?
Property Developer Secrets enables you to adopt the right strategy for you going forwards.
Once you know where you want to be, you can then decide what type of property best suits your own property portfolio:
Excerpt 2 - Finding the Right Property
The simplest and most attractive properties (from a development point of view) are generally located in good or improving locations and are in poor condition. Remember, it should offer a 20% return on investment for immediate resale.
Look for run down properties in up-and-coming areas, towns and cities. In particular, look for homes and flats in towns with young and fast-growing industry (e.g. IT towns, often near universities with good IT courses or on motorway junctions.
This chapter will enable you to:
- Identify your buyer
- Locate an up-and-coming area
- Get estate agents to show you the best properties
- Have your offer accepted
Not only does this book tell you what strategy you should adopt and what type of property you should buy in the location that best suit you, it also provides information on the type of property you should be avoiding, such as:
- Properties with major structural problems (e.g. drains or foundationd) - unless you are experienced, it could take too long to repair and mean that you have to carry much heavier financial costs.
- Property in depressed areas - With growing unemployment or stagnant wage inflation.
- Property near pylons or mobile telephone masts - Many people take a view that these contribute to cancer risk.
- Properties below £50,000 - these are being passed over by typical first time buyers and are failing to find a strong market.
Once you understand what type of property to look for, Property Developer Secrets goes on to describe the buying and selling processes, to ensure you are armed with all the knowledge to help you avoid any potential pitfalls...
Excerpt 3 – Buying The Property: The planning permission process
It might be tempting to avoid the hassle of applying for the various permissions you may need to develop your property, but truly, the implications of doing so could be catastrophic. There are very good reasons for doing things by the book.
Planning permission will be needed if you want to make changes that will affect the way your property looks, or impacts on the local area. Check with your local authority to find out if your planned works require planning permission.
"Just another compliment on a really fine eBook - I was worried that it would be a really simplistic get rich quick scheme, but not a bit of it. Really informative and sound practical advice. Thanks for a great publication."
Richard Pennington
Excerpt 4 – Selling The Property
The key to selling a property quickly is to build momentum. If a prospective buyer thinks that a number of people may offer or have expressed an interest in a property, then they will be encouraged to put an offer in quickly.
Also, if they are aware that an offer has already been made on the property (which has not been accepted) then they know that they will need to offer near the asking price in order to be considered. Obviously, they know they may lose the property if the delay for too long or go away to think about it.
So, now you fully understand your UK strategy, know what type of property you need to purchase and are completely up to scratch with developing property.
"I am an architect who deals with much property development, Neil Lewis and Richard Davies have distilled the wisdom of property development and obviously understand the risks and rewards of the market."
Bob Trimble, Architect and Surveyor
ES