Investor Landlords with Cash, are KING [Beat the bank]!
We’ve heard from Investor Landlords “I’m getting a decent(ish) return in the bank, I’m going to buy a BTL property ‘soon’, but I’ll wait for prices to drop” or, words to that effect. THAT’S SO WRONG!
1. You are NOT getting a good return in the bank. Not when you take inflation into account [and don’t go putting cash into any of those dodgy banks either, plenty of them crashed and burned in 2008].
2. Property is a better bank account; have you seen what’s happening with rents? Crazy rent hikes = HUGE yields. PLUS, you’ll get capital growth to add to that. Capital growth makes property inflation proof?
3. Finally, there are some CRAZY BARGAINS out there right NOW. Forget about waiting for prices to fall, they already fell. All the data you’ll see in the news is way months out of date, we think prices are rallying in the areas we source property. I have been investing in property for two decades, there are MORE opportunities in the down cycle than the up.
My advice? Get your cash into property quick like me.
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