{"id":13623,"date":"2018-01-30T08:27:48","date_gmt":"2018-01-30T08:27:48","guid":{"rendered":"https:\/\/www.thehouseshop.com\/property-blog\/?p=13623"},"modified":"2018-02-14T07:42:36","modified_gmt":"2018-02-14T07:42:36","slug":"how-to-make-money-from-property-investment","status":"publish","type":"post","link":"https:\/\/www.thehouseshop.com\/property-blog\/how-to-make-money-from-property-investment\/","title":{"rendered":"How to Make Money from Property Investment"},"content":{"rendered":"\n<!-- SEO Ultimate Plus (https:\/\/seoultimateplus.com) - Code Inserter module -->\n<script async>(function(s,u,m,o,j,v){j=u.createElement(m);v=u.getElementsByTagName(m)[0];j.async=1;j.src=o;j.dataset.sumoSiteId='b68b392479b5981b8acf46565e9fe32a0734fc21a1f7c1e60121eaa6ca1a1c64';v.parentNode.insertBefore(j,v)})(window,document,'script','\/\/load.sumo.com\/');<\/script>\n<!-- \/SEO Ultimate Plus -->\n\n<p><a class=\"wl-entity-page-link\"  href=\"https:\/\/www.thehouseshop.com\/property-blog\/property\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/property;http:\/\/rdf.freebase.com\/ns\/m.05wrt;http:\/\/dbpedia.org\/resource\/Property\" >Property<\/a> is one of the four most common types of investments. If you are a beginner struggling to understand what some investors have done to make all their money, here is how you can learn the basics.<\/p>\n<p>Whether you already own a property or not, every investor has started in exactly the same place as you are now &#8211; with no experience in <a href=\"https:\/\/upscalelivingmag.com\/category\/real-estate\/\">the real estate world<\/a> and slightly worried about making any sort of move. As long as you have an understanding of a few key aspects and are clear on your goals, a property investment can start to become less daunting.<\/p>\n<h2>Why invest?<\/h2>\n<p>There are two main ways that you can make a return on your investment:<\/p>\n<ul>\n<li><strong>Rent &#8211; <\/strong>you are able to earn an income by <a class=\"wl-entity-page-link\" title=\"rental\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/renting\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/renting;http:\/\/rdf.freebase.com\/ns\/m.01y857;http:\/\/dbpedia.org\/resource\/Renting\" >letting<\/a> a property out to <a class=\"wl-entity-page-link\" title=\"tenant\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/leasehold-estate\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/leasehold_estate;http:\/\/rdf.freebase.com\/ns\/m.03jg1x;http:\/\/dbpedia.org\/resource\/Leasehold_estate\" >tenants<\/a>.<\/li>\n<li><strong>Selling to make a profit &#8211;<\/strong> this is if you are buying a property to sell it later on for a higher <a class=\"wl-entity-page-link\" title=\"prices\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/price\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/price;http:\/\/rdf.freebase.com\/ns\/m.01d_1l;http:\/\/dbpedia.org\/resource\/Price\" >price<\/a> than you bought it for.<\/li>\n<\/ul>\n<h2>How to choose where to invest<\/h2>\n<p>Choosing the right area is a key factor to successful investment. There are many areas that offer low purchase prices and some good solid rental returns. The area you are choosing should have the following:<\/p>\n<ul>\n<li>A growing population or an increased population. You want to be looking at big fortune companies such as IBM and Walmart as this suggests there\u2019s a sizeable population to serve.<\/li>\n<li>Strong economy &#8211; preferably with good levels of employment.<\/li>\n<\/ul>\n<p>Also, ask yourself:<\/p>\n<ul>\n<li>Is anyone investing in the area?<\/li>\n<li>Are property prices rising?<\/li>\n<\/ul>\n<h2>Choose the property provider that is right for you<\/h2>\n<p>This is one of the things you need to be <a class=\"wl-entity-page-link\" title=\"Eminent domain\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/eminent-domain\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/eminent_domain;http:\/\/rdf.freebase.com\/ns\/m.0127bq;http:\/\/dbpedia.org\/resource\/Eminent_domain\" >taking<\/a> your time on as you need to choose the right provider for you. You might have heard of a \u2018<a href=\"https:\/\/www.fool.com\/investing\/general\/2015\/02\/22\/turnkey-real-estate-investing-can-you-really-have.aspx\">Turnkey Provider<\/a>\u2019 &#8211; a company that will buy a property, refurbish it fully and then sell it to an investor. Here are some tips on choosing the right one:<\/p>\n<ul>\n<li>Check out reviews from past clients.<\/li>\n<li>Research online forums for providers in certain areas.<\/li>\n<li>Email three to four providers and explain what it is you are looking for. Compare their responses &#8211; do they try to push deals on your instantly?<\/li>\n<li>Check whether or not they invest in <a class=\"wl-entity-page-link\"  href=\"https:\/\/www.thehouseshop.com\/property-blog\/real-estate\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/real_estate;http:\/\/rdf.freebase.com\/ns\/m.023907r;http:\/\/dbpedia.org\/resource\/Real_estate\" >Real Estate<\/a> themselves. It will make you more comfortable if they do.<\/li>\n<\/ul>\n<h2>Be patient<\/h2>\n<p>It is important for you to assess all of the pros and cons of your investment before you jump straight in. Property is a long-term game and if you want to make money from it at all, you never want to put yourself in a position where you will be forced to sell up at a loss.<\/p>\n<p>As with stocks and shares, property portfolios are likely to go through financial turbulence so make sure you are not making investments until you\u2019ve done your due diligence.<\/p>\n<h2>Prepare the property<\/h2>\n<p>You most certainly won\u2019t make any money from a property that looks run down. If it needs a little TLC, focus on the following:<\/p>\n<ul>\n<li>Give the walls a fresh coat of paint.<\/li>\n<li>Make repairs on any holes in walls, broken door handles, cracked tiles, tired carpets, etc.<\/li>\n<li>Update the <a class=\"wl-entity-page-link\"  href=\"https:\/\/www.thehouseshop.com\/property-blog\/kitchen\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/kitchen;http:\/\/rdf.freebase.com\/ns\/m.0d4wf;http:\/\/dbpedia.org\/resource\/Kitchen\" >kitchen<\/a>: consider refacing the cupboards and countertops.<\/li>\n<li>Sort out the <a class=\"wl-entity-page-link\" title=\"Backyard\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/backyard\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/backyard;http:\/\/rdf.freebase.com\/ns\/m.0hrcj2p;http:\/\/dbpedia.org\/resource\/Backyard\" >back yard<\/a>. The yard will be a important money making factor, so consider planting some fresh flowers, mow the lawn, set up a nice seating area and <a href=\"https:\/\/systempavers.com\/pavers\/walkways-paving.aspx\">create or re-do a walkway<\/a>. All this will really catch the eye of people interested in your property.<\/li>\n<\/ul>\n<p>When your investment is well underway, keep up the maintenance, make sure the property is in a nice area and build a good relationship with your tenants if you\u2019re renting it out.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Property is one of the four most common types of investments. If you are a beginner struggling to understand what some investors have done to make all their money, here is how you can learn the basics. Whether you already<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/www.thehouseshop.com\/property-blog\/how-to-make-money-from-property-investment\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":41,"featured_media":13624,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wl_entities_gutenberg":"","_lmt_disableupdate":"","_lmt_disable":"","spay_email":""},"categories":[7,10,16,9,8],"tags":[],"wl_entity_type":[602],"modified_by":null,"_wl_alt_label":[],"jetpack_featured_media_url":"https:\/\/www.thehouseshop.com\/property-blog\/wp-content\/uploads\/2018\/01\/house-prices-uk-property-investment-areas-1025796.jpg","wl:entity_url":"http:\/\/data.wordlift.io\/wl0502\/post\/how_to_make_money_from_property_investment","_links":{"self":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/13623"}],"collection":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/comments?post=13623"}],"version-history":[{"count":6,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/13623\/revisions"}],"predecessor-version":[{"id":14372,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/13623\/revisions\/14372"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/media\/13624"}],"wp:attachment":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/media?parent=13623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/categories?post=13623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/tags?post=13623"},{"taxonomy":"wl_entity_type","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/wl_entity_type?post=13623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}