Property Investment: Advanced Principles

On-line content taken from the Provestor eBook presented in periodic serialized format.
Terms and conditions - legal disclaimer.

Introduction

Posted 20th November 2007

Getting Clever in Property Investment

Congratulations on taking your next step in understanding Property. With 38 years’ experience, 35 properties of my own bought & sold, or currently held – as well as a book and website designed to further support your efforts, I am at least somewhat qualified to offer you a few suggestions on how you can get started.

Please keep in mind that there is no such thing as a get-rich-quick scheme in property. Don't be fooled or allow others to con you into believing they have the new, never-before-told programme on how to make your first million in Property, quickly and easily, by following their guaranteed, sure-fire methods. If you have been fired up by a certain guru or investment seminar, then at least do yourself the favour of checking them out, before being led down any primrose path. Before you plunk down your hard-earned cash, do your research.

Use the knowledge of those who have been there before you, and have superior knowledge in doing what you are doing, gained occasionally through costly, and hence painful, experience. You should also read recommended books on the subject, before you go out and spend hundreds or thousands of pounds buying some guru's how-to packaged deal.

Education is your key to wealth in Property. Here are some tips on getting started:

Read and listen to recommended books and CDs.
Attend local investors' and apartment owners' association meetings in your area.
Participate in online investment forums, chat groups, and bulletin boards.
Read local and national news; pay attention to articles, events, and the classifieds.
Pay heed to recommendations from other people. Don't allow yourself to be misled!
Attend a Provestor seminar, for no-nonsense advice.

At Provestor, we have a simple philosophy. We believe wholeheartedly in Marx. (That’s Groucho, not Karl.) He said, “Why would I want to belong to any club that would have me as a member?” Precisely! We are in property chiefly to build our own portfolios. If we recommend a property deal, it will be because one of us has bought one. That should be your highest recommendation, that we are prepared to put our money where our mouth is (mouths are?). Every other company out there is selling to make a profit.

Okay, here's the Advanced Principles e-book. Do your due diligence, and have fun.

Clive Marklew