We all have a finite amount of cash, and that puts a ceiling on the total size of your portfolio: when the money for deposits runs out, the only way to buy more is to hope the market rises so you can refinance.
Unless, that is, you “recycle your cash” – which is really nothing more than either buying below market value or forcing the appreciation (or both). It’s harder work than just buying a top-notch property at full market value, but it’s the route to capital preservation – and puts you in control of when you scale.
In this episode, we discuss…
We also shared an example to explain the general concept:
This lowers your cashflow (because higher mortgage = higher interest payments) but increases your ROI (because you have less money left in), and leaves your loan-to-value ratio unaffected.
And most importantly it allows you to build a larger portfolio because you won’t need to find so much money for deposits.
We’ve shared lots of handy Gmail extensions in the past: little browser add-ons that allow you to do cool things like see who’s opened your emails, and schedule meetings with ease.
Mixmax is a new super-extension that combines the functionality of many of the tools we’ve talked about in the past – and plenty more besides – all in one place.
Divorce cases are being re-opened due to the property boom, reports The Telegraph.
It’s a touch depressing, but does raise some interesting concerns around the structure in which properties are bought and how to divorce-proof your portfolio.
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