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Generally, the answer is Yes. However, the first step is to have a detailed consultation with you to decide whether you are purchasing the property as a home to live in or for investment purposes. This important decision will have a bearing on how you will approach the purchase. If you buy the property with the intention of living in it as your primary residence, the decision-making process will be far more emotionally guided; of which you will have to consider aspects of the property including location and factors that appeal to you on a personal level. We encourage you to create a list of “Must Have’s”.
If the property is for investment purposes, it is important to research what appeals to possible tenants in the area and the rental potential of the property.
Irrespective of the property market phase or external factors such as a change in Government, Inflation fluctuations and Brexit. Sound property buying principles remain true. It is therefore important to consider carefully the property’s location, the value per square foot and the potential rental yield, if you are purchasing as an investment. These factors will always be the key elements for consideration before you make a final decision. We are happy to provide you with as much guidance as required in making your decision.
A plan is very important, and you must decide what you would like to achieve with your property portfolio. Once you have defined what you want to achieve, then you must put in plan how and what needs to be done to get there. If you are buying a home to live in, it is essential to think about where you would like to settle for the next five to ten years. In other words, you make your purchase based on a short to medium term plan.
We are happy to manage your property at Perpetual 7, as this will allow you to completely be at ease with regards you your investment. It allows a professional distance between you and the tenancy with the rest of mind that all aspects of the tenancy are being managed professionally on your behalf.
It wholly depends on what you are crowd funding. Due diligence is essential to ensure that the numbers stack up especially on the long term to make your investment worthwhile. It will also depend on what appeals to you; long or short term as some property related crowd funding can be one off developments as opposed to the more popular buy to lets https://www.propertygeek.net/article/property-crowdfunding-uk/.
Primarily the answer to this question is Yes. However, to succeed in property investment either short to long term. The following key factors are essential – PERSISITENCE, ABILITY TO EXERCISE DUE DILIGENCE & RESEARCH AND PATIENCE. As the first deal you are seeking may not fall into place immediately or go as planned but with persistence you will not only get a lucrative property investment opportunity but opportunity to work with like minded people will present itself. The Perpetual7 properties team are available to guide you as you embark on the property investment journey.
Agribusiness holds a diverse range of wealth generating opportunities to impact and change millions of lives when properly harnessed. It presents huge opportunities that can alleviate poverty, however, to make a sustainable success of this requires appropriate support structures to enable seamless strategic start-up in the farming industry. These diverse opportunities and initiatives once well harnesses will generate wealth for every investor and make agribusiness a major socio-economic development contributor.
For further information please contact the Perpetual7 Properties team.
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