The slip point principle is the 1 degree of difference between a successful property investment and amateurs. Property investment does have risk but it should always be: ROCK SOLID PROPERTY INVESTMENT.
LITTLE MONEY left in V’s NO MONEY LEFT IN property strategy:
When using a Buy to Let or House in Multiple Occupation property strategy there is a difference between a LITTLE MONEY left in strategy or a NO MONEY LEFT IN strategy. Most of the time expect to leave in between 10%-25% of your initial capital investment. Bad areas allow you to pull out most or all of your money but why would you want to buy in a bad area?
LIMITED OWNER OCCUPIER AREAS:
Extremely low valued property will provide great headline rental yields but more often than not, such headline figures cannot be achieved through voids and the type of tenants they attract. These type of properties are in mainly investor only areas with limited owner occupiers resulting in restricted capital growth.
LONG TERM V’S SHORT TERM STRATEGY:
AVOID GET RICH QUICK STRATEGIES: