Buy own property
Build you own property investment is exactly what it says: you build your own, with cheaper costs than buying, then sell on for profit.
Investing in your own home is making an investment property out of your home. Most properties gain in value over time – and this includes the one you live in. This will especially be the case is you make improvements. So you could make a career out of buying, moving, doing up and selling, but get used to the nomadic life style!
Investing in buy-to-let means buying an investment property and renting it out for the long term, hopefully making a profit on rental income over expenses.
If you invest in a second home or holiday cottage you are really buying to let, but you would not expect to get rental all year round, though when you do have holidaymakers staying, their rental payments will be higher than average buy-to-let.
If you invest in overseas property you could be doing a combination of some of the other ways of investing in property talked about here, but you’re doing it abroad. The benefits may be cheaper properties and exciting locations, but the drawbacks are distant location and foreign laws.
Buying off-plan is deciding to purchase an investment property before it is even built – you’re buying it from the plan. The benefits may include developer discounts, staged payments and, of course, a brand new property. When built you can rent it out or sell it on the open market.
If you buy commercial property you’re investing in things like shops, factories, warehouses, offices. Again you’re hoping to rent out – commercial tenants tend to be more reliable than house tenants – and watch the value of the investment property increase over time.
Buying a hotel or bed & breakfast business is really buying a business, but with the added bonus of having an investment property too. Be warned – this is very hard work!
If you buy at auction you are definitely hoping to acquire your investment property at a cut-down price. Once you own it – you can do almost any of the above to make your money.
Investing in your own home is making an investment property out of your home. Most properties gain in value over time – and this includes the one you live in. This will especially be the case is you make improvements. So you could make a career out of buying, moving, doing up and selling, but get used to the nomadic life style!
Investing in buy-to-let means buying an investment property and renting it out for the long term, hopefully making a profit on rental income over expenses.
If you invest in a second home or holiday cottage you are really buying to let, but you would not expect to get rental all year round, though when you do have holidaymakers staying, their rental payments will be higher than average buy-to-let.
If you invest in overseas property you could be doing a combination of some of the other ways of investing in property talked about here, but you’re doing it abroad. The benefits may be cheaper properties and exciting locations, but the drawbacks are distant location and foreign laws.
Buying off-plan is deciding to purchase an investment property before it is even built – you’re buying it from the plan. The benefits may include developer discounts, staged payments and, of course, a brand new property. When built you can rent it out or sell it on the open market.
If you buy commercial property you’re investing in things like shops, factories, warehouses, offices. Again you’re hoping to rent out – commercial tenants tend to be more reliable than house tenants – and watch the value of the investment property increase over time.
Buying a hotel or bed & breakfast business is really buying a business, but with the added bonus of having an investment property too. Be warned – this is very hard work!
If you buy at auction you are definitely hoping to acquire your investment property at a cut-down price. Once you own it – you can do almost any of the above to make your money.
