Property investing
How to buy a property with none of your own money
Property investment isn’t just for the super wealthy.
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Property
Articles tagged Property.
40 articles
Property investing
How do you make money in property?
You may know that it’s possible to make money in property; you probably know of some wealthy people that own property. But did you know that you could be financially free using property? So how do you actually make money from property? If we take the question at face value and give the simplest answer,
Property investing
Eugene Gamble: How to Eliminate Risk in Property Investment
Risk elimination is an essential business skill especially when property investment is involved. In this interview, Eugene Gamble and Ben Chai share several tips on how to eliminate and reduce risk in property investment. This interview was taken at the JT Foxx family reunion (now Mega Success event) for wealthy entrepreneurs and business people. For
Landlord skills
Landlords! Here’s how to make utility management easy
+ Jess Chai reveals how to smite your utility management woes with an incredibly simple solution Once upon a time there was a newbie property investor. She loved buying houses and renting them. Every so often an issue would present itself and our sweet naive property investor would freak out! Oft she would scream “Curse
Property investing
How customer oriented are you? Find out in our property boffin IQ quiz
+ Ben Chai runs down 7 customer service scenarios that will test your customer service power! Can you find the solution to all of them? Every professional business person is aware that in every area of business and entertainment, customer service is king. The more customer-oriented the business, the greater the repeat custom, the greater the
Landlord skills
How to increase your credit score in one simple step
+ Jess Chai explains the easiest ways she built up a good credit score which is essential for obtaining a mortgage in the property investment world. If you plan on getting a mortgage sometime in the future, your credit score is vital. When I graduated from university I had no credit cards, no store cards,
Building your power team
7 ways mortgage brokers obliterate amazing property deals
+ Ben Chai reveals seven ways that mortgage brokers screw up your property deals Part of everyone’s property journey is for a broker to screw up their Below Market Valuation (BMV) deals. Like selecting a good solicitor, or builder, it is important you choose and find an experienced broker or your BMV deal may be in
Property investing
The secret to automate buying property
+ Jess Chai reveals her sneaky secret to being able to take naps as properties basically buy themselves! Buying property can be overwhelming and tiring for newbies like me. In the beginning, my body begged me to take frequent naps. Unfortunately, the following would happen: My phone and email would blow up every 10 minutes.
Property investing
Buying a Property Without Getting a Mortgage
So, You Want To Buy a House, and You’re Not Credit-Worthy… ◊ I’d just turned 23 with 6,000 left over from my student loan, a bit of property education, no job, no assets, a crap credit score, no track record of borrowing credit, and lived at home with my Dad. How the heck could I
Property Tips and Tricks
7 ways to get banks to give you a mortgage
In his previous post, Dean Morrison, director of the Athome group, revealed the inner workings of why banks won’t give you a mortgage. In this article, he shows you exactly what you can do to get one. It is not merely enough for you to know that you are of good character with a good
Property investing
Brexit Roundup: What are the benefits for property investors?
No matter which side of the debate you were on, Brexit has passed and we all be Brexit-ing from the EU. Naturally, this caused panic amongst the financial institutions and risk-hating stock market aficionados. One effect of the referendum is that we cannot have another referendum for 25 years, so get strapped in readers, it’s
Property Tips and Tricks
A beginner’s guide to viewing property (with bonus property viewing checklist!)
Yesterday I offered to take a new friend on some viewings with me. Viewings can be intimidating, especially at the beginning when you have no clue what the heck you are meant to be looking for. The Aesthetics I got really good at looking up, squinting my eyes (no Asian jokes please) and making inquisitive faces
Wealth Philosophy
5 truths about life you learn working on a building site
Having just returned from my travels, I felt it was time to launch into some hard work! Ben was in the middle of an extensive building project in Swansea and I thought that it would be an excellent educational experience to work and live on the building site for a couple of weeks. I love
Property Tips and Tricks
My first flip: The complete cost breakdown
Before I go through the costs of my first flip, I need you to know something… I still have these coat hooks lying around my bedroom floor. I have no clue how to put them up. Zoom into the picture. Can you see the dust on them?! Yeah, that’s how long they have been there
Interviews
Alex Williams: How to turn a property disaster into a success
In this interview with property expert, Alex Williams, Alex shares how he got into property, and the type of innovation and creativity he needed to turn his early disasters into successes. Alex builds on the lessons from the previous stories he shared with us on essential property mindsets and strange but true tenant stories. For those
Interviews
John Mark Wilderspin: The human side of financial freedom
In this interview, Nate Chai Skypes with John Mark Wilderspin about mindset and human side of financial freedom. The human side of financial freedom includes the mindset that John needed to become financially free. John also shares his insights on how wealth has affected him and his social circle, and how he is using his wealth
Interviews
John Mark Wilderspin: Beyond Rich Dad Poor Dad
In this interview, John Mark shares how and why his mindset evolved beyond Robert Kiyosaki’s Rich Dad Poor Dad strategies. As John learned more about property investing, and how to crunch the numbers to check a deal’s worth, he found that there are certain risks that the Rich Dad Poor Dad mindset did not totally cater for. In
Interviews
Dean Welch: Property funding when you have bad credit
Bad credit can be a killer when it comes to acquiring property. In part two of our interview with Dean Welch, property investors Marcela Hede, Naomi Marquis, and Francine Marquis, grill Dean further into how to obtain property funding even when the banks are unwilling to lend you money for your projects. For those with
Interviews
Dean Welch: Property strategy and how to find funding
In this interview, we spent time with American accidental millionaire property investor and realtor, Dean Welch. Dean has written a booked called the accidental millionaire which should be out on Amazon in the next few months. Just to make things a little different, we had a property investor panel consisting of Marcela Hede, Naomi Marquis, and Naomi’s
Building Your Business
The Awyoungs: When to leave your job and run your side business full-time
At the JT Foxx 2015 reunion, I got to meet and talk to so many fantastic people. One interesting couple I spent a little time with was Karen and Weelam Awyoung, a married couple and multimillionaires. Karen and Weelam shared how they managed to achieve success despite both having full-time jobs and a child to
Interviews
John Mark Wilderspin: Never put lipstick on a pig
A while back I was in overload mode walking around like a weird zombie (or is that my usual state?). During my Zombie-like state, I met Canadian property investor and realtor, John Mark Wilderspin. John is unique. He has so much information on how he became successful in property that he was like a fast
Interviews
Alex Williams: HMO Landlord shares tips from decades of property experience
I am particularly pleased to share this interview with property developer, builder, and successful HMO (houses of multiple occupancy) property investor, Alex Williams. I first met Alex in Swansea. At the time I was looking for a builder to help me with a particularly challenging property purchased in an auction. Over time, it turned out that
Interviews
Daniel Wood: Property millionaire in just one year Part 3/3
Hey readers! Thanks for all the private messages and Likes you’ve given us for parts one and two of our interview with Swedish property entrepreneur, and all-round hard worker, Daniel Wood. Many of you may not know this but Daniel Wood was not a university graduate. He was just a very hard working family guy who hopes
Building Your Business
Daniel Wood: Overcoming finance and property team challenges part 2/3
Overcoming finance and property team challenges Thank you all so much for all the great feedback we’ve already had from part one of this two part video. Due to the limited time of these short videos, we only had time to discuss Daniel’s phenomenal success climb. Part three is a non-video interview with Daniel which is
Building Your Business
Daniel Wood: Property millionaire in just one year part 1/3
It’s funny how in a large environment certain people synchronise and vibe with each other. Daniel Wood and I first met at the JT Foxx family event in Orlando, and somehow connected in spite of my walking around in a sleepy daze. We subsequently met at a Tigrent (Legacy Education) property education course on how to
Interviews
How to find your perfect property solicitor
Hey guys, we’ve got a treat for you this week! Five years to Financial Freedom had the chance to speak with Clive Wadham-Smith, a solicitor that specialises in commercial property sales, contracts, and buying commercial properties. In this interview, Clive talks about the most common misconceptions about solicitors, how to find the right solicitor for you,
Property Tips and Tricks
3 lessons my hilariously awkward dating life taught me about property
This week I reflected upon a series of hilarious and awkward situations, also known as my love life. Being a natural over-sharer who doesn’t understand social blogging boundaries, this may be dangerous and uncomfortable for us all. If you love awkward truths, I present to you: three lessons dating taught me about property investing. 1. Silence
Property Tips and Tricks
How I was able to raise £250,000 in 7 days
Jump to: If you want people to trust you in business, you have to be trustworthy outside of business. Get Good Money HabitsCreate a digital trail of your property journeyHave backups to your backups Holy crap, what a week! Dad, our business partner and I were challenged to raise £250k in seven days for our property
Property Tips and Tricks
Your perfect property investment area
One incredible nugget that can be found in property education is to “find your property investment area”. This useful nugget is essential to be an effective investor. However over the course of my journey I’ve found some investors seem to be paralysed by their inability to find their perfect property investment area. They say things like: “I haven’t
Landlord skills
How to build a £1,000,000 property portfolio in just 2 years
+ Nate Chai interviews Stephanie Brennan, who managed to build an AUD$ 2.3 million property portfolio in just two years After reading a news story about a 24-year-old with an AUD$2.3 million property portfolio, I knew that we absolutely had to interview her. Stephanie Brennan (pictured in the header) has managed to begin her property empire
Property Tips and Tricks
The dumber-than-dummies guide to letting agreements
Disclaimer: This article is not suggesting you skip the small print on letting agreements. This article is merely highlighting the most important terms to check on a letting agreement. Does anyone else hate reading the small print on important documents? *resounding yes* Cool. Does anyone actually read the small print on important documents? *The crowd goes
Interviews
Property secrets of a 26 year old millionaire school dropout
Hey readers, we’ve got a real treat for you today. The founder of Windsor Enterprises, writer of the Archant group’s business advice column, and all round good guy, Ryan Windsor sat down with us and discussed his journey from high-school drop out to achieving financial freedom. His route to financial freedom was through property, and
Property Tips and Tricks
Event Junkies: The bane of property courses, wealth seminars, and success workshops
In the long distant past, in a location far far away, the following conversation occurred Attendee: “I’ve taken twelve different property courses. Which company do you think is the best one?” Me: “What do you mean?” Attendee: “Well I really like the speakers at XYZ company as I think they are quite polished.” Me: “Uhhh
Property Tips and Tricks
What To Do When Rent Arrears Rears Its Ugly Head
Bullet-Proofing Your Assured Shorthold Tenancy That time in my property investing career has finally come. I have had my first experience of rent arrears (never will I let this agent let my properties again). It’s such a headache, especially if you are like me and have no idea how to deal with it. I knew
Property Tips and Tricks
How to get a landlord into bed
Never in my life would I have expected a tenant to demand I get him a smaller bed. Since when did randy students prefer singles to doubles?! I must have missed that. Today’s article is a quick explanation to why every landlord should provide a small double bed over a normal or large size double bed. Double beds are
Landlord skills
The 7 deadly sins of property investing
+ Ben Chai runs down the seven deadly sins that every property investor makes, and how you can avoid making them yourself. Over my two and a half decades of property investing, I’ve seen a lot of mistakes property investors including myself have made in deals. Here are seven of the most common mistakes and how
Property Tips and Tricks
How the simple email can help you avoid a tragic tale
Furious doesn’t even cut it. How could my letting agent get the rental amount so terribly wrong that it obliterates my cashflow?! The worst part is I could have avoided this by doing one simple thing. …I’ve just returned from an anger run (spontaneously going for a run to pound out the anger). It didn’t work.
Property Tips and Tricks
The real problem with “problem” tenants is YOU!
As I sip on my delicious warm soya Caramel Macchiato at the ever convenient M40 Oxford service, I reflect upon my day welcoming new tenants in Coventry. If you assume a Welcome Meeting is where you introduce yourself, learn the tenants names, and then bugger off, I envy your innocence. If you assume a Welcome
Property Tips and Tricks
Achieve any dream with buckets of rubble
Dream Gamers Many of my close friends refuse to play any board game with me. You see I love and grew up on board games – teach me any board game and I will probably be beating you after about the third game. I remember teaching some tech stuff to twelve guys from Santander. We had
Property Tips and Tricks
Another simple way to boost your credit rating
So you’ve taken my advice and joined the electoral role (read part 1 here), you’ve registered at a stable address, you can send and receive post from there, you’re probably thinking “What’s next Jess?!”. It’s as “easy” as getting a credit card! Hilariously I thought getting a credit card would be easy, they were practically