Do You Want to Succeed As A Real Estate Investor? 

18/11/2019 19:26

Here are half-a-dozen things to be aware of... 

london

The high-income expectation without a lot of hard work gets a lot of people all around the world into trouble and disappointment.
    

Yes, you can make good money in real estate, but like any business and anything worthwhile doing in life, consistency and persistency are key ingredients as well as tenacity to not fail and quit, but fail and learn over and over again until that break-through. Having a mentor and professional team of advisors is a MUST not an option. 

As the saying goes, "If you have a Dream, you MUST build a TEAM and have a Theme". Business and investing is a team sport, don't try and do it alone as there is no such thing as "a self made, millionaire or billionaire" 
1. It's a challenge to do part-time but can still be done with discipline and consistency, keeping focus on the main ultimate prize - financial freedom or your individual WHY. 
Yes, there are part-time property investors and you can do deals when you're not at work. However, if your work schedule is like most of the 95% not financially free population, it's going to take discipline and massive action in doing what you've never done before, in order to get what you've never got before. Sounds like a cliché, right? 
2. You are ultimately self-employed; captain of your ship and destiny. 
Though you'll have to work with various professional advisers such as lawyers, real estate agents, contractors, lenders, insurance brokers, finance brokers, accountants etc, you are in business for yourself. This means that you'll need to keep up with laws and taxes to make sure you don't end up crossways with HMRC or industry regulators. 

Your requirements of professional advisors will depend on whether you are investing in simple buy-to-let single family tenancy or multiple tenancy property or developing new build property or doing conversions etc 
3. Finance, Cost Modelling or Budgeting 
Like any business, you will need capital for property acquisition costs, construction or refurbishment costs which all need to be considered as accurately as possible prior to purchase as these can affect your investment viability and profitability. 

For real estate development companies such as CostModelling offer free software and paid versions that could help with this very important task - see https://costmodelling.com/ 

Ultimately the numbers should tell you whether your investment is worth the investment as well as other factors such as area/location growth potential and trends 
4. Finance Options 
Fortunately with real estate unlike for example buying stocks & shares, you can borrow in order to invest and therefore leverage with the banks or other investors capital making it an attractive investment asset class. 

Funding options ranging from short-term / bridge loans to commercial term loans as well as residential property or commercial development loans. See our real estate capital section.

We aim to deliver much needed capital for SME’s and Property Developers.

Call Now ​+44 (0) 203 2909019

5. Investment Strategy and Exit 
Some of the key questions here are:
  • Building to sell or build to hold and rent? 
  • Are you investing for capital growth, income, or both capital growth and income 


The above questions will affect type of funding, your investment cash input and investment costs as well as quality and type of finishes for example 


If you're into houses, showing them, the sales and transaction process and helping people to buy and sell, you're probably going to succeed and make a lot of money over time. 


The key message is to get into the business with a realistic attitude and income expectation. Above all else, build a TEAM. See this short video on how best to build a wining TEAM
6. Want to learn more?  Call us and we'd be delighted to guide and assist you in your property investment journey. 
GIC Capital – Matching Capital With Opportunity  London +44 (0) 203 290 9019 

#GICCapital