Property Investment Masterclass

One thing we can pretty much guarantee is that a dwelling, be it a house, flat whatever will always have some value because its one of our basic human needs, next to food and water.

Unlike shares - they're not a basic human need but are arguably an essential vehicle not only for creating wealth IF ITS GOING UP. We all now know first hand most of us that a share actually can be worthless, I've personally seen 2 of my sharepicks become totally worthless - unlike property, so which one is safest? No prizes for guessing its Property.

Having been in the mortgage business I have seen first hand how property investors have raked in some massive profits over the last 10 years particularly. OK its not looking so rosy now but the secret to successful investing, be it shares or property is not being greedy, setting a target profit (or loss)and getting out at the right time. With regards to property in the UK that happened to be mid 2007. Anyone with investment property that missed that will either have to take a smaller profit (if they still have one) if they sell now or wait probably 3 to 5 years (maybe longer) to get the value back to its peak.

One method thats been used in the past with a rising property market has been to refinance to get equity out to use as gearing to buy another property, thus increasing your holding (and liability). The risk of course is that property prices can (and have) go down as well as up like any investment. And as we all know if you do not make your mortgage payments your property may be repossessed.

It has been argued - and with justification I think, that there is more security in multiple holding in that for example if you have 2 properties and one doesn't have a tenant you effectively have 50% of ideal cash flow. Whereas if you owned ten properties and had 2 with no tenants you have 80% of ideal cash flow. That said, of course the shortfall that you are liable for is twice as much as the first example!

So its a serious business that must be run responsibly, taking into consideration all the associated costs of purchase and sale and in the interim, such as maintenance, letting agents fees etc. My advice is get proper and appropriate advice!

The profits in the buying - knowing where and how to get the best price, and in the selling - knowing when to take your profit.

If you would like to educate yourself on the ways and means of buying right and maximising your property profits over the next few months the Property Investment Masterclass will have you ready to start when the market hits the bottom.

The author of Property Investment Masterclass is Rod Thomas.

Over the years I've bought probably five or six different course on how to make money from property and as yet I haven't done anything with them. Perhaps its just me but I suspect a lot of people like me buy into the dream but don't actually want to do anything to amass great wealth. We think that just because we've bought the course or manual that we're on our way. sadly not true as some of you might admit.

Bottom line is we will never make any money or success of ourselves unless we take action. And the sooner the better - I'm writing from the heart here because I've probably been procrastinating for 15 years if I'm totally honest ... that makes me feel a bit sad now putting that in print. Fifteen years ago I read a book called 'Lazy mans way to riches' by Joe Karbo. How I wish now I'd actually read it and just followed his guidance.

Don't be like me and waste the next fifteen years. If you want to make things happen you've got to take action. Start with the smallest step, educate yourself on your chosen interest then launch YOU - decide on your future instead of being a victim of circumstance

My very sincere best wishes to your success.