Strategies out there for growth.
Property Investment

MikeyG123
MikeyG123
0 Thanks
13 Posts
6 months ago
0

Hi all,

I know there are lots of different strategies out there started at different times, in different areas. I am looking to build my portfolio and I am curious to how people feel it is best to grow.

I started my Ltd property company, just after the tax reforms and latest new rules came in and i purchased 1 BTL. I am now looking for my best way to grow. pretty much all my money is tied up in the first property at this moment.

my first option, to release equity and buy another BTL property, increasing the outgoing on the first but gaining a property on the side, giving me an investment income for later on.

my Second option is to sell the property at the end of my 2 yr fixed mortgage, take the profits and look to buy at auction, flip the property and sell on "my dream" eventually building a portfolio as my assets grow.

This is a starting stage for most property businesses I am guessing, so i am sure there are many different ideas out there i just want to put the feelers out.

Thanks
Mike

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