Poor interest rates on saving accounts have understandably encouraged more individuals to consider investing in residential property – especially within the past few months. After all, with property yields in Leeds here of around 8 per cent (compared to 4% in London) the decision is what we’d consider a bit of a ‘no brainer.’
But, of course, there’s far more to investing in property than simply finding a property and putting up the cash – which is why you can expect to make a lot more from a bricks and mortar investment in financial terms than simply transferring money into the highest earning savings account out there.
There are risks in buy to let property – but generally speaking bricks and mortar investments are considered safer than betting on the stock market. This is due to a two-fold investment return, of rental and capital appreciation.
Most people that own buy-to-let investments consider themselves Landlords. This could involve spending a huge chunk of your time looking after your portfolio.
Being a buy to let landlord means:
Marketing the property
Undertaking credit checks on tenants
Collecting monthly rents
Carrying out ongoing maintenance
Learning the necessary legislation and legal requirements
Handling evictions
Understandably many individuals already juggling a time-consuming career and a demanding home life just don’t have the time or the inclination to take on such onerous responsibilities. And that’s where being an ‘armchair’ investor provides the perfect solution.
For a small fee it’s possible to have all of the above carried out for you, as well as sourcing the property for you in the first place.
Advantages of being an ‘armchair’ investor
Continue full-time in the career you enjoy
Enjoy your weekends and evenings with friends and family
No sleepless nights, with the knowledge your investment is in professional hands
Receiving regular notifications of how your investment is performing
No direct involvement with tenants
In this digital, time-poor age it’s understandable that many people just can’t afford the time to put towards sourcing and managing a property. However, there are many services available that can take away the hassle. Simply pull up a chair, relax and become an Armchair Property Investor.
www.lifestylepropertypeople.co.uk
Passionate about helping Investors achieve financial freedom through fully managed, high yielding property investments in Leeds
Post articles and opinions on London Professionals
to attract new clients and referrals. Feature in newsletters.
Join for free today and upload your articles for new contacts to read and enquire further.