How to Start a Property Letting PortfolioApril 12, 2018
There has been plenty of media coverage on the topic of letting profitability, and while the landscape has become perhaps more complex to navigate, we believe there is a lot of opportunity for growth in this market, with the right guidance and information.
There are still great opportunities going in current property hot spots such as Glasgow’s West End, or in any area that has an obvious appeal – such as student cities or commuter towns. Though recent tax changes have made things slightly tougher for potential landlords, there is still good potential to invest well and supplement your income, pay into a rental property for a future pension fund, or even get into the property investment business full-time.
Like most investment opportunities, the more informed your decision, the better chance of your investment paying off. Consider the following points, and go in with your eyes wide open to any hidden costs and potential pitfalls as well as opportunities for success. (more…)