How to Invest in Property with Less than 1000 Pounds
Contrast to popular belief, you don’t need a fortune to get in property investment. The reality is, with the right property strategy, you can become a property investor for as little as £1000. That’s right, with just £1000, you can start investing in property and start building job replacing income. Plus, in just a few short months, you can start generating a good amount of cash flow to enable you to invest in another asset or buy a property that you can start letting. Here’s how:
Four property investment strategies you can benefit from with as little as £1000
- Rent to Rent – a situation in which an individual or company takes an interest in a property from a landlord for a set period of time and guarantees to pay a fixed monthly rent to the landlord. The landlord grants permission to a third party, referred to as “the Renter,” to rent the property to other tenants.
- Serviced accommodation – A ‘serviced apartment’ is a type of furnished accommodation that can be rented for a short or long period of time. It includes all of the amenities needed to feel at home, such as space to relax and amenities such as a phone and Wi-Fi, as well as utilities. They are also serviced, as the name implies.
- HMO – A house in multiple occupation, also known as a house of multiple occupancy, refers to residential properties with ‘common areas’ shared by more than one household. The majority of HMOs are subdivided from larger houses designed for and occupied by a single family and are usually rented out to professionals or students.
- Deal Packaging – this is the service of sourcing property on behalf of property investors for a fee. You become the middle person, you find the houses that are available and then you find investors and then you find 3 to 5 investors per deal.
The idea is that once you are earning from 2 to 3 deals a month using any of the property strategies mentioned, you can take the cash flow and buy a property and building your property portfolio.
How to Get Started
While property investment doesn’t require a lot of money to get started, the key is having the right strategy in place. Register for a FREE property training event to learn first-hand from Forbes-featured industry leading experts with experience in building 8-figure property portfolios. Book your spot now via the link below:
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