The Complete Guide to Property Investment: How to survive & thrive in the new world of buy-to-let

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So how do you choose the best property investment books to guide you through? My best advice is to: The Best Property Investment Book Challenge was originally a challenge I set myself to expose myself to new property investment thoughts and strategies. Extraordinary Profits from Ordinary Properties: How to Create the Life of Your Dreams with Just Five Properties Some will have you nodding immediately. Others will challenge your existing beliefs. Look out for those you instinctively disagree with: those are the ones with the greatest potential to improve your own thinking by making you consider a different point of view. Principle #1: There are three levers you can pull to improve your finances

That’s why it’s common investment advice to drip-feed a regular amount into investments, regardless of what’s going on. This advice protects you from your own bad decision-making…but removes the potential rewards of getting the timing right. Some people use both ‘property investment’ and ‘property development’ as a broad term that encompasses all types of using houses and flats to make money (rather than as a home). However, reading property investment books as a beginner is a great way to avoid making costly mistakes and help create an uneventful journey to financial success. The author has years of experience as a real estate ‘fixer and flipper’. He offers a step-by-step plan to help investors succeed in their first, or even their next, house flipping project. Readers will learn:

This will have delivered significant capital gains for the owners of those properties. Depending on their individual tax status, and whether the property was their primary residence, these capital gains could even be exempt from capital gains tax. However: You must know the purpose of any cash you’re holding, and not let it build up just because you’re too scared to invest it.

Property Magic by Simon Zutshi is one of the bestselling property books and the latest offering is a special 10th-anniversary edition. As an experienced investor, Simon offers some of the secrets that he uses for his ‘Property Mastermind Programme’. And so my parents were always very sort of frugal and sort of sensible with money. And there were never any lectures about it. We just kind of absorbed it. And then from just having part-time jobs from the age of 15, I just naturally found myself saving. And obviously, as you know, saving isn’t the way to wealth. It’s great, it’s essential. But saving in its own, on its own needs to lead towards, lead towards investment. And then it’s when I discovered, I sort of like dabbled with Isas and things like that. But when I discovered property, I thought, oh, well, this is really fun. And that was like a gateway because property, I think people find it appealing because it’s really easy to understand — it’s simple, it’s tangible. And so that was kind of what got me into investing more broadly and the point at which it did become an obsession. And happily, it’s sort of my job as well. Read my full article on this. Principle #2: Anything you own is either to “Protect” or “Expand” your wealth To preserve or protect the money you’ve already got (including maintaining its spending power in the face of inflation)His own property portfolio has given him the flexibility to travel the world with his family, and the freedom to do what he loves: learn, simplify, then pass that knowledge on. So when it comes to timing, you need to know yourself. Like Principle #6, do you have an edge? Do you have the ability to stay unemotional and form an accurate picture of the world around you, even when that means acting alone? The capacity to generate future income is the most valuable asset everyone starts life with. As your working life goes on, this future earning power decreases as it’s “used up”.