Buy-to-let profit? It’s not just booming, it’s soaring high in 2024!  After a bit of a downturn, everyone’s got a spring in their step now – optimism is in the air, and opportunity is knocking louder than ever before!

Don’t try and time the market- it’s the time on the market not in it- don’t wait on the sidelines. And guess what? Some of the best days to dive into the BTL game are Christmas and Boxing Day. While everyone’s off enjoying the festivities, you can sneak in and start sourcing those lucrative properties!

Now, let’s talk about how to make that sweet BTL cash. There are two main ways: ride the wave of property value appreciation over time or rake in the rental income. But does BTL still work its magic? Absolutely! Mortgages are down and normal, hovering around 4.89% – not as scary as you might think. BTL must work at around 5% payable, and if it’s not, well, maybe you’re playing with the wrong kind of house! It’s all about finding the right one – right area, right price, right profit potential.

To truly maximise your buy-to-let profits, here’s the lowdown:

Nail down your profit and loss – make sure your rent is higher than your mortgage rates. And guess what? You’re making more cash profit now than you were three years ago!

Snag those houses for less than they’re worth and add some value – whether it’s through renovations or savvy deals. Flipping houses is tough work, so why not find, fix, rent, and refinance instead? Build up your portfolio and watch that capital gain roll in!

But here’s the real kicker – there’s a short window of opportunity to seize the BTL goldmine. Financial pressures might be lurking, but that just means there are more gems waiting to be discovered in the property market. So, switch up your mindset and look again for them bargains- or we can do it for you!