For many investors getting into property a driving goal is to replace income from a job, either for retirement or to get out of the “rat race”. To do this, many courses teach delegates to identify their “financial freedom” figure, in other words, the amount of money needed to cover basic living expenses. The idea […]
Author: Domek
Distressed Properties = Bargains?
Often an investors dream is to find a house that looks cosmetically ugly, probably smells bad, and is totally unattractive to family buyers. We will buy at a discount, and in a perfect world new carpets, neutral paint and a nice kitchen and bathroom will transform the ugly duckling into a beautiful swan. This will […]
Mileage
Business owners and self employed contractors are allowed to offset the business miles they travel against their taxable income. This is brilliant in principle but can be a nightmare when it comes to keeping a track of the miles. This post is about our system and what we do keep tabs on the mileage we […]
Location, location
With house prices rising steadily the media is full of stories about the difficulty of getting on the housing ladder. As a property investor, I see the sharp contrast in prices around different areas of the country. To give an insight, here is a little round up of what you can get for a budget […]