I may be at Surf camp this week – but that doesn’t mean I can’t “pop-up” to share some property investment tips – surf style!
Watch the waves
Be aware of the changing market conditions around you and adapt as necessary. HMO’s may be fashionable now – but what about when market conditions change? Be alert to the waves of change rippling all around you.
Riptides can take you out
Leverage is mighty powerful for magnifying returns – but if the market changes it can also increase the losses. Re-mortgage with care and always keep a stash of cash for when things go wrong.
Respect the power of the ocean
Property investment can be a great way to make money – but it’s also a fine way to lose money. Always remember what goes up can come down and respect that markets fluctuate.
Make yourself like a torpedo
Torpedos get where they want to go faster. Know your goal, make your plan and set clear targets you can achieve. Be careful of being thrown off course and keep your eye on the prize.
Go with the flow
Property investment has its ups and downs. Problem properties and troublesome tenants are all par for the course. Expect the unexpected – but then go with the flow…and enjoy the ride