I read a brilliant article in the Telegraph at the weekend featuring Dragons Den, James Caan and his take on the 7 Golden Rules of Property Investing.
There were some golden (paron the pun) nuggets in the article but I was left feeling that may’be some of the rules of property investing had been missed out, or glossed over.
You can read the article for yourself and decide but for me, the number one golden rule above all rules (and ignore it at your own cost) is Cashflow.
You can research all you like, go out on a limb and think big but unless you focus your goals on cashflow, all you will end up with is an asset class that may appreciate in value in the long-term but if you are in this game to make good decent returns every month to help fund your lifestyle, then you may need more than capital appreciation to make this work for you.
By investing in a cashflow positive property such as a HMO, you can benefit from both capital appreciation and massive cashflow – the best of both worlds.
For more details on investing in cashflow-positive HMO’s, go to the top-right and register for my exclusive mini-course – my readers tell me it gives more information than most guru’s full courses! And its entirely free.