Posts

Is property the next big thing in the alternative investments market?

With investors having to work a bit harder to find potentially profitable growth opportunities for their money as markets change and political factors such as Brexit hit certain industries, those that diversify their portfolio with alternative investments can enter exciting new fast-paced growth markets that work for them, reflect their passions and complement their overall lifestyle.

The alternative investments market has seen consistently strong levels of growth for years, with global assets in alternatives set to grow to $18.1 trillion by 2020 according to a study by PwC.

There are a huge number of opportunities for investors to consider putting their money toward in the alternative investments market. Perform the right research and partner with an experienced consultancy and it’s possible to uncover lower-risk opportunities with potentially higher returns than those in mainstream industries.

Some of those alternatives opportunities can also be found in the property sector.

Alternative investments in the property sector

There’s a large consensus that the UK housing market has seen better days. Issues such as a dramatic rise in population and a lack of housing has created something of a crisis across the nation, with parties across the political spectrum agreeing that something has to be done urgently to increase the rate of new builds.

Progress is well underway. Builders registered that they planned to build 37,936 homes during the third quarter of 2017, a rise of 9% when compared against the same period last year and the highest third-quarter total since 2007 according to Britain’s National House-Building Council.

It’s the greatest number of homes set to be built in a decade; when adding commercial builds into the equation too, there are a lot of alternative investments and opportunities in property for people to consider putting their money toward.

Property is by far and away one of the favourite mainstream staple investments for British investors, so how could it be classed as an alternative opportunity? Simple; there are a large range of alternative projects on the market today that investors can consider that could potentially be more secure than mainstream property projects and more suited to their lifestyle.

Diversify your portfolio with alternative investments

The trouble a lot of investors have with property though is that not everybody is suited to being a landlord. With experts expecting yet another increase in stamp duty rates to help ease the financial burden on millennials and first-time buyers who are looking for homes, investors can be put off purchasing a second home with the view to taking on paying tenants.

An alternative way of investing can help investors to become part of the property industry without having to worry about the financial burdens of stamp duty, dealing with problem tenants, going through complicated compliance measures and much more besides.

Investing in bond opportunities within the alternative property sector can help investors to back unique projects as well as diversify their portfolios for added security. With various fixed return opportunities available too, investors can potentially grow their savings in ways to supplement their income, ladder their returns, back projects in line with their ethics and more through alternative property.

Investors looking into alternative investments can discover brand new opportunities that align with their values in the property market with help from the consultants at FJP Investments.

REGISTER YOUR INTEREST

Fixed term investment bonds diversify savings in a turbulent economy

With the UK economy displaying signs of volatility as the Brexit talks take hold, could a fixed term investment strategy help to alleviate individual financial concerns and safeguard investors’ interests as part of a diverse portfolio?

Investors looking to growth their wealth in the UK have a lot of Brexit-based challenges to navigate when they want to grow their saving. As negotiations with the EU become more protracted, certain industries stagnate and inflation rises, consumer confidence in domestic stock markets is taking a hit.

That’s not to say things won’t pick up post-Brexit, and with the right research, advice and movements investors can identify potentially profitable opportunities now, if they’re willing to back them during turbulent times.

For investors looking for greater solidity in their investments now though, diversifying a portfolio with fixed term investment bonds could help them potentially profit throughout Brexit and beyond.

Empire Property Holdings Loan Note Photo 17

Seeking safety with fixed term investment bonds

With Brexit creating such a risky investment landscape across the UK and beyond, what may typically look like a sure bet investment-wise may carry immediate and future risks for investors’ capital that they may not foresee – especially if they like to put their eggs in one basket.

That practice is never wise for any investment opportunity. The healthiest portfolios are typically ones where investors have spread their finances across various industries, with that diversification helping them to build a sustainable income and better manage risk.

A fixed term investment opportunity can be one of the best ways to diversify a portfolio. The idea of diversification though can be worrying for investors; a lot like to stick with what they know and use the benefits of their knowledge and experience to try and generate returns no matter what the financial landscape may look like.

Which is understandable, but could carry a much more acute financial risk than exploring other options. A fixed term investment opportunity for instance isn’t just a way to generate income and supplement other financial strategies through bond laddering and other techniques; it’s also a way to enter new high-growth alternative markets.

Empire Property Holdings Loan Note Photo 16

Greater financial stability with a fixed term investment

Consider a recent forecast by Rabobank that says Brexit uncertainty is likely to hit the UK’s investment and growth potential. “As a consequence of the impact of political uncertainty on investment, the BoE is thus suggesting that the UK is likely to see both higher inflation potential and lower trend growth than would otherwise be the case,” the report states.

Working alongside an experienced financial service with vast experience in the fixed-return and alternative markets can help investors to invest their savings in thoroughly researched, bespoke opportunities that will diversify their portfolios and add a greater degree of security to their investments during troubled times.

FJP Investments’ team of financial experts is dedicated to working alongside investors to help them discover brand new investment opportunities that are bespoke to them, their financial goals and their portfolio.

Contact FJP Investments today to find out more about how a fixed term investment opportunity could help add greater security to your financial portfolio.

REGISTER YOUR INTEREST

Managing risk and reward in your alternative investment portfolio

Despite the growth in interest and the market as a whole, some investors are still wary about putting their money behind an alternative investment, no matter how attractive the proposition may be.

Perhaps it’s the word ‘alternative’ that puts people off. The truth is though that any and every investment opportunity carries some degree of risk, whether alternative or more mainstream. People who make the right moves and thoroughly research a diverse alternative investment portfolio are far more likely to profit than somebody who blindly invests in mainstream stocks, for instance.

The alternative investment market (AIM) is worth £95 billion today with the AIM all-share index out-performing the FTSE 100 and 250 in 2017 alone. UK AIM companies have also created 430,000 jobs and contribute £15 billion to the UK’s GDP.

The market continues to grow at an astonishing rate too, attracting investors from all backgrounds as they look to capitalise on the opportunities that alternatives could provide them. Those who identify the right opportunities and do their research can also build a unique, bespoke alternative investment portfolio that supports their lifestyle, improves their finances and opens them up to new ventures.

The earlier that people consider the alternative investment scene too, the more time and opportunity they have to dabble in and discover new ways to grow their savings, whether it be through a fixed term solution or other financial opening.

The High Street Group Construction

Managing risk potential with the right alternative investment strategy

With interest rates so low for the best part of a decade, it’s been a tough time for savers in the UK who want to grow their cash. The recent rate rise by the Bank of England to 0.5% has been welcomed by some, but for many others it’s still not enough, especially with inflation still relatively high in contrast.

Alternatives could help to fill the gap. Consider saving for a child’s future; putting some money aside regularly in their younger years can be a fantastic way to pay for university fees years down the line, help them buy their first home and even work towards their pension.

Again though, by doing some research and playing the investment game properly (as it where), that nest egg could grow larger by considering some of the opportunities alternatives can provide. That naturally gives a larger window for the future to greater assess markets and the risk they hold, while putting some of that extra capital into entirely new ventures.

At the end of October, a report from the Financial Conduct Authority (FCA) suggested that the mean amount of cash savings held by 25 to 34-year-olds is £11,000. At the same time the report says that one in five (19%) of 25 to 34-year-olds have no cash savings at all while 30% have cash savings of less than £1,000.

That leaves them with very little room to manoeuvre financially when they’re looking to grow their savings – certainly, it means there is less appetite to experiment. The earlier people start perusing the alternatives market, the greater their chance of building a diverse investment portfolio that better allows them to manage their risk and reward potential.

FJP Investments is dedicated to working with investors looking to explore the alternative investment market, helping them to research, identify opportunities and build a bespoke financial portfolio that works for them. To learn more about alternative property investments, get in touch today.

REGISTER YOUR INTEREST

How can an alternative investment partner benefit female investors?

Financial institutions across the United Kingdom are doing a poor job at connecting with female investors at every stage of the buying journey, according to new research. Not only are those institutions losing out on the income female investors could bring them, it also means that women are missing out on a wealth of potential bespoke alternative investment opportunities.

According to the Kantar Winning Over Women report, financial services organisations are missing out on approximately £130 billion by failing to connect with women through advertising and other channels. By poorly communicating aspects such as ‘trustworthiness’ and ‘dependability’ to women, they’re ultimately seeing lower deposits from that demographic.

The larger knock-on effect though is that, because of that perceived lack of trust in financial institutions, women are missing out on growing their future savings. Aligning with the right alternative investment partner though could help them to discover new financial opportunities that work for them.

All Saints Living project from The High Street Group

How women can improve their finances with an alternative investment partner

The feeling that women are missing out on potential bespoke investment opportunities is exacerbated by research that only 15% of alternative investment teams are female, and that women make up as little as 19% of total roles at alternative managers according to Prequin.

So, what’s the solution? For many in the venture capital industry, a lot of women are assuming the mantle and doing it for themselves, with a study by First Round Capital discovering that women deliver higher returns when it comes to venture capitalism.

Though impressive, it does little for the average female investor who feels isolated when they want the opportunity to grow their funds, increase their pension pots, supplement their income and much more besides; especially for those women who have heard about the potential gains that making an alternative investment can possibly net them.

Female investors who don’t want to put their funds into mainstream assets and are excited about the potential financial opportunities an alternative way of investing can provide for them and their overall lifestyle can learn more about the industry and build a bespoke portfolio with an accessible, experienced and professional financial advisor.

The High Street Group Project in Newcastle Hadrians Tower

Hadrians Tower – Newcastle

Getting educated on alternative investment opportunities

A new report by HM Revenue & Customs has also highlighted why now could be a crucial time for women to invest in an alternative future for a more comfortable retirement.

According to HMRC’s analysis, the gender pensions gap between women and men investing in personal pensions has widened by 16% over the past five years, with 1.66million fewer women contributing to a personal pension.

With wages in the UK not correlating with rising inflation and the Bank of England set to raise rates even further over the next few years, putting money aside and growing their savings can be a tough ask for women unsure of where to put their money.

Building a bespoke portfolio of alternative financial opportunities can help to negate those fears, potentially grow their savings in unique ways, complement their income with fixed term opportunities, invest in industries in line with their ethics and more with the right financial advisor.

FJP Investment is dedicated to working with female investors to help them understand more about the alternative investment scene and potentially grow their savings. Contact our consultants today to find out more.

REGISTER YOUR INTEREST

Act your age: How to build a fixed term investment ladder to suit you

One of the major benefits of researching and putting your savings into a fixed term investment is that it can help supplement income and provide potentially large levels of growth over a certain period of time.

For investors interested in the opportunities provided by a fixed term investment ladder, it’s a strategy that can better complement their overall lifestyle as well as diversifying their investment portfolio.

With the right planning and advice too, a fixed term investment ladder can introduce people to alternative industries and markets they may not have considered before.

A fixed term investment opportunity also suits investors of any type no matter what their experience may be, providing new financial avenues and options for those who take a passive or more active role in their investment portfolios.

A fixed opportunity could also be a good financial move for younger investors looking to build a portfolio and older investors wishing to grow their savings.

Brunel University Student Accommodation

Brunel University Student Accommodation

A fixed term investment is a great place to start

Research is critical when choosing a fixed investment opportunity to discover high-growth areas that make your money work for you.

The benefits are obvious if you make the right moves; a fixed term investment has the potential to provide people with impressive gains as well as allow them to put their money across different venture.

It’s fair to say that there’s a clear generation gap when it comes to investing, though. Millennial investors are seemingly more likely to put their time and money into more alternative avenues such as focusing on the rise in digital cryptocurrency markets.

Younger investors are also more attracted to socially-responsible and ethical investment opportunities, with more than three-quarters of the group aiming to put their money behind projects that offer positive change to the world.

At the same time though, some studies suggest that younger investors can have unrealistic expectations when it comes to the returns they’re likely to receive. Older investors however have more realistic expectations, but with rising interest rates and slow wage growth in the UK, feel pressure to find opportunities sooner rather than later to enhance their savings.

Premium Student Living in Glasgow Scotland

Premium Student Living in Glasgow

How a fixed investment could help with your retirement

According to a recent report from wealth managers UBS, workers in the UK have some of the worst pensions across the entire developed world to look forward to when they retire. The report compared the outlook for 50-year-old women across the globe’s major cities, which suggests that savers may have to look elsewhere to grow their money than traditional institutions.

A fixed term financial opportunity can allow them to do that in creative ways, for older investors looking to start to build a portfolio to more experienced investors who wish to add a bit more to their savings.

The truth is, age and other demographics aside, each and every investor has their own goals, ethics and challenges when they want to build or enhance an investment portfolio. Fixed term opportunities can help them meet those goals, especially if they partner with an experienced consultancy dedicated to providing bespoke fixed term solutions.

FJP Investments is a fixed term investment specialist, helping investors build bespoke and diverse investment portfolio that work for them and their finances. Contact us today to find out more.

REGISTER YOUR INTEREST

3 reasons fixed return investment options might suit your lifestyle

What kind of investment is better for your lifestyle? A long-term investment focusing on serious growth, a fixed return investment for security, short-term opportunities to try and capitalise on immediate returns or other?

There are so many opportunities out there for investors of any and every background to consider. That’s why, for our money, the potential growth opportunities afforded by fixed return investment options are some of the best around, especially as part of a bespoke investment portfolio.

Consider the Schroders Global Investor Study 2016, which surveyed 20,000 end investors in 28 countries to discover more information about individual investor habits. It makes for interesting reading, with Schroders finding that, globally, a majority of investors have unrealistic expectations on their potential returns which is especially true for millennial investors.

Investors aged 36 and above had a desired level of income of 8.4% every year, with millennials expecting 10.2%.

There are also varying short-term investment biases between generations according to the report – overall though, different generations of investors have a demand for income in common, with people mainly investing to boost their pensions and supplement their salaries.

Which is why considering fixed return investment options can be such a good idea for investors looking to get regular returns from their savings on a consistent basis. The truth is that each and every investors’ wants and needs are totally different.

Globe CGI - Empire Property Concepts

Loan Note Investment

Choosing the right fixed return investment can be a bespoke investment opportunity that works for people not just financially, but suits their overall lifestyles, too.

So, what are the advantages of a fixed return investment and how can they benefit people looking to grow their savings in unique ways?

1: A fixed return investment can supplement income

Investors looking to put their savings into a fixed opportunity will be able to find a lot of options to consider on the market. By putting their money into a fixed opportunity such as a bond, their savings have the potential to steadily grow over time, allowing investors to supplement their income in a variety of fixed return projects to provide them with a steady stream of income.

2: It can help introduce investors to alternatives

There are also a lot of fixed return opportunities in the booming alternative investment marketplace. There are various specific alternative industries out there in the marketplace that can offer potentially large fixed returns if the right research is done, trends are identified and followed. That can help investors to diversify their portfolios and align themselves with opportunities more in line with their ethical values.

3: Potentially large growth opportunities with expert advice

Like investors themselves, each and every fixed investment opportunity is different and has its own terms and conditions. Like every investment opportunity too, capital is as much at risk in a fixed return opportunity as any other.

Joseph Locke House Barnsley

Joseph Locke House Barnsley

By partnering with an expert consultancy firm heavily experienced in building bespoke fixed investment solutions for clients though, investors can have access to a well of experience, diversify and build on their investment portfolio with fixed opportunities that reflect their personal and professional lifestyles.

Find out more about the benefits of fixed return investments by speaking to FJP Investments’ expert team of consultants today.

REGISTER YOUR INTEREST

Fixed income investment strategies can tackle changing interest rates

With the Bank of England finally changing interest rates and with over half of the UK getting the current base rate wrong, could a fixed income investment strategy go a long way to better educating savers on how to grow their funds and ease public anxiety about their future finances?

After interest rates were recently raised from record lows of 0.25% to 0.5%, an expert within the Bank of England claims that rates are set to be rise again sooner rather than later.

Cue panic and anxiety from people who have never seen a rate rise in their adult lives. For many who have personal loans and were able to get a mortgage during the period when interest rates were at their lowest, the rise in rates will likely hit them hard in the pocket. Can a fixed income investment opportunity help?

Bradshawgate May Update - Empire Property Concepts

Navigate a rise in interest with fixed income investment strategies

A recent survey conducted by Moneysupermarket has discovered exactly how ill-informed people are when it comes to the rise in interest rates and what it means for their personal finances.

The survey, which highlights differences in generational attitudes between adults and teens on their knowledge of interest, as well as breaking their findings into gendered and regional information, makes for interesting reading. Amongst the most worrying findings though is that 50% of adults didn’t know how their monthly mortgage payments would be affected if interest hit 1%.

Empire Property Holdings Loan Note Photo 15

Perhaps unsurprisingly; many adults who have recently acquired a mortgage may likely have still been in school the last time there was a proper rise in interest rates. At the same time, 51% of men and 59% of women incorrectly identified the meaning of ‘interest rate’, while 74% of respondents in London got the current base rate wrong.

Clearly, there’s still a lot more education needed to help people understand what the impact of rising interest rates will have on their personal finances. For those that are worried about the effects a rise might have, partnering with an experienced consultancy and putting some of their savings into fixed income investment strategies could help ease the financial burden.

Improving personal finances with a fixed income investment

The rise in interest rates has also come at a time when wages in the UK aren’t rising in accordance with the rate of inflation, according to the Office for National Statistics, and older savers worry that they won’t have enough in their pension plans to retire in comfort.

A fixed income investment could potentially go a long way to improving savings and introducing investors to new financial opportunities that are better suited for their lifestyle and supplement their other forms of income.

Working on a bespoke fixed investment strategy with an experienced partner can not only help people grow their finances in potentially unique, secure, diverse ways for their needs. The right advisor will also work alongside them in the long-term to improve their knowledge of the investment market, expand their interests and build meaningful relationships that will work to improve investors’ finances.

FJP Investments is an experienced consultancy, working to help improve investor knowledge on the benefits of a fixed income investment and how they can potentially improve their finances with the right bespoke strategy.

REGISTER YOUR INTEREST

Is alternative investing the answer to people’s retirement problems?

Saving for retirement is one of the biggest cross-generation problems facing Britons at the moment. With the right advice, planning an investment strategy though, opening up your portfolio to alternative investing can potentially alleviate those fears and help savers grow their wealth in unique ways.

A recent study commissioned through YouGov has discovered that 56% of women have yet to begin saving for retirement. The data also suggests that approximately 44% of men and women are worried that they haven’t been able to save anywhere near enough money for a comfortable retirement during their working lives.

Empire Property Holdings Loan Note Photo 7

At the same time, 50% of people in the final 10 years of their working lives have admitted to a sense of jealousy surrounding the finances of those who have already stopped working according to data from Prudential. So, how can finding the right alternative investing asset classes help to improve a person’s pension pot?

How to grow your savings through alternative investing

With research from Aviva highlighting that the UK pension gap stands at £311 billion per year, a 40-year-old will have to save approximately £4,100 a year, just for them to have an adequate standard of living during their retirement years. That’s a very real proposition for people who have yet to start saving at all for retirement.

Consider research from Age UK too which has discovered that nearly 8 million people aged between 40 and 64 will not be able to retire when they reach the state pension age of 65, with over a third of those surveyed saying they expect to still be doing the same hours in the same job at the time they qualify.

So, how could alternative investing help people to improve the value of their savings and generate wealth for them to retire in comfort? The alternative investment scene is one that continues to attract attention from savers thanks to the potentially large returns they can provide in a short period of time, especially for those who are fast approaching the age of retirement.

Investing in the right alternative investing asset classes for you

Alternative investing is a way of making your money work for you in while identifying growth opportunities in markets that are on the fringe of the mainstream investment industry.

As an example, the classic cars scene is currently one of the more popular alternative asset classes on the market today, seeing 192% of growth in the past decade. That particular market can produce serious returns for investors – again though, only if they invest wisely, research the market, gauge trends and invest in portfolio items most suitable for them and their needs.

 

FJP Investments is a professional alternative investment service run by a dedicated team of qualified experts with intricate knowledge of the alternative industry.

Our team provides a bespoke consultative approach and is passionate about partnering investors with secure alternative growth opportunities that will not only work best for them, but provide them with the best potential returns for their needs and budget.

Want to know more about alternative investing and how educated investment opportunities could help boost your retirement funds? Contact FJP Investments today to find out more.

REGISTER YOUR INTEREST

Are You a Budding Property Investor?

There is a certain image of the typical property investor we see portrayed on TV and in the movies from time to time. He (because it mostly often does appear to be a ‘he’), tends to swagger around a bit, suck on eye-wateringly expensive cigars and wear razor sharp suits which, unfortunately, tend to be too small for him.

Those of us in the property market know this fiction is just that – something very far from the truth. Granted the world of property investing can be extremely lucrative, but that doesn’t mean it is for everyone. We’re not all swanning off to the Bahamas for six months every year and for those who do make a mint, they don’t necessarily go around boasting about it, or showing off.

Property Investing in London

Property Investing in London

It takes all sorts to be a property investor

Many property investors are driven, to the extent they love what they do and hate taking any time off (these tend to be your small-profile buy to let landlords). Other investors are happy to dip their finger in now and then but leave most of the wheeling and dealing to others (our friends who invest in property shares).

What we’re trying to say in this article is that there’s not one type of personality who ventures into the property industry. It really does take all sorts. Where we can point out a distinction though, is in whether that individual is a high risk or a low risk investor. By ‘high risk’ we mean he or she having plenty of nerve to the extent they are prepared to go for deals others wouldn’t touch with a bargepole. Provided they have done their due diligence beforehand then this is the type of individual who will speed towards – and meet – their financial target in no time at all.

Property Investment Success

Property Investment Success

The low risk investor, on the other hand, is a cautious individual who tends to stick with a couple of buy to lets for years before investing in another property as much as a decade down the line. He or she obviously won’t make a mint overnight but they’ll be able to fall asleep when their head hits the pillow last thing at night.

Where do you reckon you fit in between the two categories outlined here?

High risk investor personality

  • Friends, family and colleagues love it when you turn up to a party because you’re always the ‘life and soul.’
  • You’re not a worrier. If you lost cash with a bad investment then so be it. As far as you’ve concerned our fortunes see-saw. You know your chance will come round again.
  • You’re spontaneous but also a little too impatient – much to the annoyance of friends and family.
  • You’re definitely a ‘go with your gut instinct’ type of person.
  • You’ll opt for hedge funds over emerging markets every time.

Low risk investor personality

  • You like to stand back at a party assessing everyone before you can even begin to relax. You don’t like letting folks down and can always be relied on to turn up to most events you get an invite for.
  • You’ll always opt for a diversification strategy rather than put all your money into one big investment.
  • Government bonds and deposit accounts is where your savings end up.
  • Your friends have mentioned you could do with ‘loosening up’ a bit more.
  • You may not be the quickest to make a decision over a property deal but when you do, you’ll never change your mind.

Most of us are probably somewhere in between both these two extremes and where we are on that continuum changes depending on how long we’ve been investing for and how successful our deals have been. Essentially though, confidence should come with every passing year.

Property Investor vs Businessman

Property Investor vs Businessman

The egalitarian nature of property investing

Perhaps the most impressive aspect of property investing – aside from the fortunes to be made – is the egalitarian nature of it. By that we mean you don’t actually need a lot of money to start out in the sector. Provided you have enough cash to put down a deposit for one buy to let you’re more or less off.

It’s how you act afterwards that dictates how the path before you will unfold. If you’re a high risk investor, for instance, and you manage to find a good mentor, you could be packing in your day job within a year or two. Now, truthfully, how does that sound?

FJP Investment have recently launched a hands-off property investment bond, managed by Empire Property Holdings.

REGISTER YOUR INTEREST

The Pros and Cons of Having a Property Mentor

If you’ve just entered the world of property investment you’ll be a bit short on contacts and no doubt still fumbling around for deals. So it makes sense then to consider hiring the services of a mentor. Or does it?

In this article we’ll look at the pros and cons of having a guide on your shoulder, so to speak.

Why hiring a property mentor makes sense

Property Investment Mentor

Property Investment Mentor

  • Being new at anything doesn’t lend itself to having bags of confidence, or motivation for that matter. Having an expert on your side does though. He or she will make sure you jump in and take that great deal rather than allowing you to stand on the sidelines and hesitate because you’re ‘just not sure.’ He or she won’t allow that little knockback you’ve just had get in the way of your building up a property empire.
  • Confidence boost. Mentors are great at sharing their own strategy with clients. Knowing it worked for them, and in similar market conditions, should give you the confidence to plunge right in with your own ambitions.
  • Save time. Instead of having to negotiate your way through the jungles of paperwork and online property news sites out there, your mentor will highlight all you need to know. He or she will have been in the industry long enough to know who you should be reading and why.
  • Listen to you. Let’s face it, not everyone you know is going to share your passion for property investment. In fact, very few of your friends and family will. And that’s where a property mentor comes in. You and he/she can spend ages dissecting every little potential deal and ‘the one that got away.’ 
  • Make things happen quicker. Hire a property mentor and you’ll be forewarned about all those little stumbling blocks – the ones that will make you fall down the rungs again just as you’re coming to the profitable last square in that metaphorical game of property snakes and ladders. With the result you’ve got more chance of reaching the end goal quicker than if you were on your own.
  • Inherit contacts. If they’re feeling generous, who knows your mentor may even help you out with personal contacts. Mentors are, in fact, invaluable when it comes to networking and getting to know who’s who in your new world.

Why there’s no point in hiring a property mentor

Property Mentor

Property Mentor

  • Instead of spending hundreds of pounds (not to mention hours of your time) on a mentoring course, you could be using the cash to add to your down payment on a new buy to let or renovating that refurbishment property you’ve just bought at auction
  • Undermining your own strategy. Even if you feel extremely comfortable with your ‘slow burn’ strategy, it can be tempting to abandon it and go with the ‘get rich quick’ one your property mentor is advocating even if, in your heart of hearts, you know it’s not the right one for you.
  • No negatives. It’s a property mentor’s role to get you enthusiastic and motivated about your new property investment sideline/career. They won’t do that by pointing out the negative side of the industry (the laboriousness of being a landlord at times etc) so it can all seem rather rose-tinted to begin with.
  • End up alone. If the mentor you go for is more of a book and course type, then they’re not always going to be around. Chances are you’ll have to keep referring to the literature they’ve given you – which isn’t particularly motivating.
  • No guarantees. A mentor can advise on what worked for them and how they think your strategy has the best chance of being successful, but they can’t promise that you’ll make a profit. The hard work is yours when it comes down to it.

As you can see from the above, there are negatives and positives to hiring a property investment mentor. Just because it worked for your neighbour doesn’t mean it will for you. On the whole though, it does make sense to tap into someone’s expert knowledge, especially if it’s a field you’re not too sure about yourself. It’s what you do with that information afterwards that’s the important part.

Latest Investment: Empire Property Holdings have recently launched the property investment bond.

REGISTER YOUR INTEREST