Buying to Rent by Nick Rampley-Sturgeon

Buying to Rent

The Key to Your Financial Freedom
by Nick Rampley-Sturgeon

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Product code: 15757

ISBN: 0273661094, ISBN13: 9780273661092, 192 pages, paperback, published by FT Prentice Hall, New title edition, 2002
 
Description of Buying to Rent
Investment is not only for experts. Every adult at some point has talked to their friends about owning a second property, but most people never get round to buying any other house than the one they live in for lack of time, deposit and knowledge. But a second income from renting a property can have many advantages:No matter how much or how little you earn, you will always find it hard to keep up with everyday bills, expenses and debts. Wealth generates wealth and you need to make your savings count. Investing in a property to rent can be a solution to your financial problems, enabling you to feel financially secure and free. This book shows you how to generate cashflow with your investment.
Contents of Buying to Rent
The opportunity.
Why do you want to do this?
Some of the benefits of property rental and letting
Is this right for you?
Can you afford to do this?
Can you afford NOT to do this?
Crushing the rumours.
The short or long-term view. Which is the best approach?
To mortgage or how much to mortgage?
How much will your money get you?
Understanding Buy to Let mortgages
Choosing the area
Finding the right property
Preparing the house
Health and Safety requirements
Finding the tenants
The holiday lettings market
Working with an accountant
Working with your solicitor
Checks and references
Working with the student population
Using a letting agent or management service
Working with an Independent Financial Adviser
Collecting your own money
Working with the Tenants
When the house is empty
Making improvements
Starting again with new tenants
Being tax-efficient

More Personal Development and Life Balance aspects of Buy to Rent
Appendix of Web Sites and Contact Points
Appendix of how this works in USA, Canada, Australia
Further Reading
About Nick Rampley-Sturgeon
Nick Rampley-Sturgeon became a landlord almost by accident in 1989 when his experience of negative equity encouraged him to take a lodger and then to let out the whole house. Since then he has bought and held other properties and gained a wealth of knowledge as a landlord during the process. His work with individual entrepreneurs and family business owners has convinced him of the value and importance to his clients of developing personal financial strategies for investing in residential property. He is a frequent contributor to magazines and websites. A professional speaker on his topics of entreprise and entrepreneurship, buying-to-rent strategy, and communication through behaviour, Nick works with businesses and associations to help people recognise and achieve their greatest potential...for a more enterprising life.
Reviews of Buying to Rent
'A quintessential reference work by a remarkably diligent writer. Nick Rampley-Sturgeon's appreciation of the enormous personal satisfaction and financial security to be gained through private property investment has served to craft an enthralling read that every prospective or serial landlord will consider to be invaluable.'
Peter Parfait, Editor, Property Auction News

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