Articles by Mary Waring on ArticleSnatch.com

How to Discover Your Ideal Property Investment Strategy

Fri, 03 Jul 2009 00:00:00 -0400

There are a number of different ways of generating wealth from property. For example, maybe you want to buy for long-term capital growth or maybe you want to achieve monthly cash flow. Depending on which strategy you choose, the type of property you will need to achieve this strategy will differ. The following are all different options to consider: * Buy to let income i.e. generate a monthly income with rents in excess of costs * Buy to let capital: monthly cash flow is flat, but the investment has the potential for significant capital growth * Buying a distressed/repossessed house at undervalue * Back to back trading i.e. Buy and sell within a short time frame to make a profit * Investing abroad ** The Best Option? ** Which option is most appropriate will depend on your personal circumstances, your current position and where you plan to be in 5, 10 or 20 years time. It's not a case of one-size fits all. So don't assume you need to have the same strategy as everyone else. **End Summary** Topics: Property investment]]> buy to let property]]> property development]]> investing in property]]> making money]]>]]> About the Author: ]]> Mary is the founder and MD of Mary Waring Associates Ltd, set up in response to the number of people she met who wanted to acquire a residential buy to let portfolio. Find everything you need to about buy to let property on the Mary Waring website Mary is: * a successful property investor * a highly experienced independent mortgage adviser * a Chartered Accountant with experience as FD of a property company

Is Now A Good Time To Nab A Property Bargain?

Sun, 28 Jun 2009 00:00:00 -0400

Experienced property investors do not tend to follow the sheep, and now will be an ideal time to add to their portfolio. Prices are dropping and tenant demand is rising sharply. Even with rental rates falling - a long-term view on a buy to let property is still a good idea - and the "pros" know this. Inexperienced property investors buy when all around them are buying, which pushes the prices up and makes it more difficult to buy at a competitive price. Experienced investors know that now is the time to look at buying property at a bargain. It has been said that there is no such thing as a "cheeky offer" in the current environment. Some sellers will have to sell and therefore what seems to be a low offer to you, may be acceptable to a motivated seller. You can be assured that those who have made money from property will be viewing the current market as a buying opportunity and be snapping up as many property bargains as they can get their hands on! **End Summary** Topics: Property investment]]> buy to let property]]> property development]]> investing in property]]> making money]]>]]> About the Author: ]]> Mary is the founder and MD of Mary Waring Associates Ltd, set up in response to the number of people she met who wanted to acquire a residential buy to let portfolio. Find everything you need to about buy to let property on the Mary Waring website Mary is: * a successful property investor * a highly experienced independent mortgage adviser * a Chartered Accountant with experience as FD of a property company

Should You Use a Property Agent?

Wed, 17 Jun 2009 00:00:00 -0400

Property management isn't just about collecting rent. It's about ensuring your property is always rented, ensuring you have the best possible tenants, and ensuring you're getting the best possible rent. It's about keeping the property well maintained, tracking expenses and income, and dealing with the legalities of leases and the rights of tenants. This is what property managers do. It's their core business and for a landlord, the benefits are significant. *** Save time *** The most obvious benefit is time saving. You don't have to spend an hour or so each week looking after the rental property. Typically this involves making phone calls, placing ads, interviewing prospective tenants, speaking to solicitors, speaking to your tenants, collecting rent, organising tradesmen and so on. How much could you earn in that hour if you were focusing on your work rather than chasing your tail? *** Know Your Rental Property Market *** Property investment is a business. To succeed in business, you need to know your market. Property managers make their living out of knowing the rental marketplace. They know how much your property is worth and who'll want it. **End Summary** Topics: property investment]]> property managers]]> using a property agent]]> making money from property]]>]]> About the Author: ]]> Mary is the founder and MD of Mary Waring Associates Ltd, set up in response to the number of people she met who wanted to acquire a residential buy to let portfolio. Learn everything you need to get started with your first buy to let property here: Mary Waring website Mary is: * a successful property investor * a highly experienced independent mortgage adviser * a Chartered Accountant with experience as FD of a property company

How Can Landlords Survive the Credit Crunch?

Sun, 14 Jun 2009 00:00:00 -0400

Doom-mongering headlines about the housing market have understandably led to some landlords becoming increasingly concerned about their financial situation. In light of this, the following tips have been provided by the National Landlords Association, offering advice on how to survive the credit crunch. ** Research, research, research ** Thoroughly research the rental market in your area to make sure you are charging the right level of rent and not pricing yourself out of the market. Even during periods of high demand, it's always better to charge slightly below market rent. It is also important to market your property effectively and remember that different tenants are looking for different things in a rental property. ** Make your mortgage work for you ** If you are struggling with mortgage repayments, or your circumstances change, talk to your lender and try to arrange a new repayment plan. If you are coming to the end of a fixed term deal, plan ahead to find a mortgage which best suits your needs. If you are a portfolio landlord and you don't find what you're looking for with the traditional buy-to-let lenders, it may be worth exploring commercial finance opportunities. ** Avoid the void! **End Summary** Topics: buy to let property]]> buy to let investment]]> property investment]]> property portfolio]]> mortgage advice]]>]]> About the Author: ]]> Mary is the founder and MD of Mary Waring Associates Ltd, a great resource where anyone interested in buy to let investment can learn everything they need to get started with their first property here: Mary Waring website. Mary has: ** Her own successful property portfolio ** Years of experience as an independent mortgage adviser ** A qualified Chartered Accountant with experience as FD of a property company