| Having made the bold and glorious decision to | | | | over the long term and if ever you wish to |
| sack the boss and go it alone you are one of | | | | release the profits from your investment you |
| the few who have what it takes to succeed. | | | | can sell on the property and take the gains |
| You have an entrepreneurial spirit and a | | | | you have accrued. |
| strong will and these are rare and valuable | | | | |
| attributes that will guide you throughout | | | | Investing in real estate for profit |
| your professional and personal life. | | | | |
| | | | The alternative to building up a property |
| Now that your business is up and running and | | | | portfolio for income generation purposes is |
| you're profiting from your efforts, it's time | | | | purchasing property and selling it on |
| to turn your attentions to investing the | | | | relatively quickly to realize the gains the |
| profits from your home based business wisely | | | | asset has accrued. |
| and for maximum gain. | | | | |
| | | | You can do this in a number of ways firstly |
| One of the most consistently returning asset | | | | you can purchase run down property in need of |
| classes over the long term and the one that | | | | renovation, tidy up the property and turn it |
| the majority of us can profit from is real | | | | into a home before selling it on at a higher |
| estate. | | | | price and reaping the profits gained. |
| | | | |
| Understanding market cycles | | | | Alternatively you could seek to beat the |
| | | | curve by buying into up and coming areas, |
| Now, you're most likely aware that property | | | | waiting for prices to boom and then selling |
| markets are cyclical this is because there is | | | | on for profit. This is quite a risky strategy |
| a direct correlation between the underlying | | | | for a first time investor as timing the |
| price of real estate in relation to | | | | market is hard! |
| individual buying power. Simply explained: | | | | |
| when property prices rise above what first | | | | An alternative to this is looking overseas |
| time buyers can afford to pay the market | | | | for the latest emerging property markets |
| slows down, stagnates and sometimes readjusts | | | | worldwide and buying properties to renovate |
| but as soon as purchasing power increases | | | | or properties off plan and then flipping them |
| again, either with a drop in interest rates | | | | on for maximum gains in the short term. |
| or an increase in GDP, so property prices | | | | |
| begin rising again. | | | | Financing your investment |
| | | | |
| And there are even ways to make money from | | | | As a self-employed individual it can be |
| real estate during a market downturn! | | | | tricky to get a mortgage unless you have |
| | | | audited accounts, bank references etc., etc. |
| Investing in real estate for income | | | | If you don't have all of these requisite |
| | | | documents there are other options available |
| Depending on the nature of your home based | | | | to you. |
| business your monthly income may be slightly | | | | |
| erratic some months being better than others! | | | | The main options are re-mortgaging your |
| If you invest in property assets in a | | | | primary residence and releasing the equity |
| buy-to-let or even jet-to-let capacity you | | | | that you have accrued already for |
| can secure yourself a consistent monthly | | | | reinvestment in another property project or |
| income which may afford you an added degree | | | | taking out a self-certification mortgage |
| of financial security. | | | | where you make a large down payment and |
| | | | basically tell the lender how much you can |
| Buy-to-let is when you purchase property for | | | | afford to borrow! |
| rental purposes this make be an apartment you | | | | |
| corporate let, it could be a house you | | | | A winning attitude |
| student let or even a family home you rent | | | | |
| out long term. | | | | You've already proved you have what it takes |
| | | | to succeed against the odds by establishing a |
| Jet-to-let is similar but it involves | | | | profitable home based business, now apply the |
| purchasing overseas property for short term | | | | same steely determination to your real estate |
| weekly or fortnightly rental to tourists. | | | | investments and you will succeed in making |
| This type of letting is usually very | | | | the maximum gains. Start small, begin gently, |
| lucrative indeed during peak holiday periods | | | | test the market and your understanding of it |
| but may mean you have a property that is | | | | and slowly build up a profitable real estate |
| empty for a few months out of season. | | | | portfolio from the profits of your home based |
| | | | business for maximum financial gain. |
| Both types of property investment return you | | | | |
| a regular income and at the same time the | | | | Good luck in achieving your goals. |
| physical real estate asset will grow in value | | | | |