How exciting, you are here because you are even thinking about investing in property. It is such a good decision just because it is so rewarding, not only for returns but because of the awesome things you can do with your place.

If you are here because you think that I am about to preach about how ‘you should want to invest in property because it’s a get rich quick kinda solution’ then you need to find a different website, that’s not the attitude I adopt here.

Don’t get me wrong YOU CAN MAKE A LOT OF MONEY FROM BEING A SAVVY INVESTOR, but if there’s no passion behind it, then what on earths the point?! You are only here for a limited stretch of time and so you absolutely must do something you enjoy so wholeheartedly you wondered why you didn’t do it before. If there is no love behind your property search, then you won’t care about your hefty purchases enough to get them to perform to their full potential. In my eyes it’s just not worth it.

However, if you are absolutely 100% in love with playing with property then you should invest in property. It’s that simple. You gotta enjoy getting down and dirty with it and then back out the other side when it’s look all pretty and ready to hit the market or become your home.

I recently bought a property that I knew it hadn’t been cared for, but oh my I was so absolutely passionate about the location, and the size of this thing was ridiculous – a two bedroom flat, super central Bath, with a big enough living space that you could throw a pretty great party in – it was what dreams were made of and in my budget as a previous sale had fallen through so the owners were desperate to sell. The whole way through the sale process I was itching to get going, I knew everything had to be ripped out and I needed to start again, I was excited. The day the sale went through I ran to collect the keys and spent the day on my own ripping everything out and bagging it up. Every weekend I was then on site painting, decorating, lending a hand to the contractors – I was on it, I was absolutely driven by seeing it come together. 6 weeks after buying it, it was ready for action. I loved this flat so unbelievably much that I couldn’t put it on a long term tenancy, I wanted it in my life and so you know what, I put it on the holiday rentals market and it is making a killing. I firmly believe that because I love it so much that everyone else loves it too, match made in heaven and it is a joy to run.

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This is definitely what it looks like to be involved in your properties!

But, if you don’t care that much for your property you aren’t going to go out of your way like I have done, and you really aren’t going to like it when you have people booking your flat every couple of days and organising the comings and goings of your guest.

Same applies to long term lettings, you are going to have to love the property, know the ins and outs of your property and want to look after it, for it to be a success. If you don’t get involved, are happy to leave it to become run down and genuinely have no motivation to reply to your managing agents or tenants, why do you think you deserve to be able to charge rent?

I’m not trying to deter you from getting help, I don’t run to my properties with my tool box every time something goes wrong, but you need to be hands on, and you need to really thrive on it. Seriously, if you don’t please go and find a different career, the property investment market does not need you.

So, who should invest in property? Every awesome person with some sort of burning desire to own, hold, mould, play, change, transform, improve, repair property. A person who is so determined to put the most incredible property stock possible on the market, and a person who wants to provide a great service to those using their property. If this applies to you then I’m sure you will be really successful and not just reap the financial rewards, but be so satisfied in your career – who needs a day job?!

This type of investor is what we are about at NC Real Estate and we would love to keep you updated with everything we are doing so that you can become the most awesome investor – please sign up for our regular news here.

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(img source – resized and filtered for NC Real Estate)