Monday, 27 July 2009

Find UK properties using RightMove

There are many different ways to find property, you can visit local estate agent, look in your local newspapers, walk or drive around the area you like and look at "For Sale" signs or you could look using the internet.

With the internet it is easy to Find and search for properties online, there are a numbereous websites that you can you use to do this, like:
  • RightMove
  • Find a property
  • Nestoria
  • Vebra
  • MousePrice
Here I will give you an example of using www.RightMove.co.uk website.

At the homepage (shown below), in the Find property input box enter the area name or postcode (can be part of the postcode) you wanted to search. For example type in LS6 (Leeds area 6) and click on For Sale.


Which will display a more specific search criteria screen like below.


You can then specify the following criteria:
  • Search Radius - usually select Within 1/4 or 1/2 mile
  • Property type - usally house or any
  • Number of bedrooms - usually select the minimum number of bedroom
  • Price range - usually specify the maximum price
  • Also useful to click on the "Include Under Offer, Sold STC (Subject To Contract) and Reserved properties" check box, so that what types of properties are being sold
Other criteria normally leave the default search value. Once you have clicked on "Find properties", it will display the list of found property.



Once you have the list go and click onto the property you like for more info. You will be able to find:
  • More detail description
  • More photos
  • Estate agent details
  • Map
  • Area info
  • etc


Have a go and find a property in the area you are interested in!

Friday, 24 July 2009

Book: Who Moved My Cheese?

Book review:

This is an old classic book, which I have recently reread because I know I was facing a lot of changes and sometimes it feels overwhelming and stressful when dealing with a number of changes. This book is an enjoyable, easy to read and a recommended book, which helps you understand how to anticipate, adapt and enjoy changes.

This book is great story about a four characters in a maze looking for cheese and how they reacted when changes occurred. The cheese represents something we are looking for or in pursue of. The maze represent where we spend time looking for what we want. Eg the organisation you work in, or family or community you live in.

A few quotes i have taken from the book:

"we keep doing the same things over and over again and wonder why things don't get better"

"when you change what you believe, you change what you do"

"in a world that is constantly changing, it is to our advantage to learn how to adapt and enjoy something better"

Book information:
Who Moved My Cheese?: An Amazing Way to Deal with Change in Your Work and in Your Life
by Dr Spencer Johnson
ISBN: 0-0918-1697-1
Less than 100 pages, easy to read, big writing

Tuesday, 21 July 2009

Why Property investments?

With property investments, which I believe it is one of the most interesting and profitable investments available. Also it is a great way to make money work for you.

The reasons why i'm so passionate about property investments are that it is fun, exciting and profitable. Here are some of my reasons why i love properties :
  • Buying a property cheap - buying anything cheaper than it should it's always exciting and fun and gets the frills and satisfaction of potential profits
  • Ability to add value, renovate, redecorate or furnish a property. Eg you can repaint the whole house, add a additional room or extension, change the fixtures, fit a new kitchen or bathroom, new furniture, etc
  • Flexibility and control by using different strategy you can determine you financial gains
  • and finally, it's exciting to see money coming in
There are usually several finance gain from property investment
  • Cash flow - Cash is king, this is so important in any business, but it is also essential in property investments. This is where the expenses (mortgage, maintenance, service charges and letting fees, etc) are less than your rental income. Eg if you get £600 rent and your expenses are only £500, you have a cash flow of £100.
  • Capital growth - potential capital growth, on average property prices in the UK doubles every 7-10 years, therefore if you bought a house in say year 1990, in year 2000 it is likely it would be more than double in price. Those of you have bought your own home for sometime, the house price would have gone up significantly. But in this current credit crunching recession times, don't think about capital growth as it is unlikely to see major growth for some time.
  • Tax advantages - Having a BTL property is a business, you will need to file a tax return. But it does mean that while you spend time building up/running your property business, a number of expenses can be claimed (eg food, travel, furniture, etc) therefore minimising your tax expenses. But seek an accountant with property investment knowledge for advice.
So think about investing in properties in the future!