Monday, 9 February 2015

Paul Ainsworth Lord recommends that local Landlords and Investors buy now and stop putting it off..

All too often people call in to see me about 'getting into the rental market' because they see property investment as a cracking alternative to having money just sat in the bank earning nothing.

And as us Landlords know, this is true. It's a great business to be in. Yet, to actually make that first purchase is quite a mind shift and often takes some courage. The psychologists might call it moving out of your comfort zone, which I'm sure most of us can relate to.

I don't know about you, but it took me and my wife about 3 or 4 years to actually 'do it' after loads of discussion about our great intentions.

But once we did actually make that first purchase that was it. We snapped up one after another and another and another... and are still doing even now, many years later. The bug gets you in the end.

This is not uncommon with other Landlords either. Once they get into that new comfort zone there's no stopping them.

Just do it!

So what's this post about?
Well let me explain, believe me when I say it, NOW is the time to buy, and be holding - not selling (unless that's part of your strategy).

Word is getting out about our patch here in Darwen and surrounding areas. There have been several articles and comments in the press today about the southeners (that lot south of Birmingham) moving north seeking better yields.

see the links below:

Darwen Property Scene from the experts

So, don't be one of those folks that are still sat thinking about it 5 years later and paying 10k more. Act now! Get some good advice and plenty of second opinions and just do it!

Ignore the horror stories of bad tenants and wrecked houses, this is sensationalism by the press and pub talk. For everyone bad story there are thousands of good stories that nobody is talking about because it's not interesting or even mentioned.

If you are thinking of getting into property, and have loads of questions, which I'm sure you will, then why not bob down to the office for a chat... and a coffee (we only do nice coffee), and I'd be happy to offer my opinions and help you devise a strategy that works for you.

Call me on 01254 760660
or drop me an email....

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