Unemployed - Become A Property Investor

Property Investment On A Shoestring

The unemployment figures published in the press at time of writing do not make good reading. Record high unemployment figures of 5.5% are set to increase even further.

Estimations for recovery look bleak with experts predicting 2 million people will be unemployed by 2009.

The Office of National Statistics (ONS) say the number of people claiming job seeker allowance has risen from 32,000 to 900,00 since July. Nearly 30,000 people are applying for job seekers allowance a day.

What Has This Got To Do With Property Investment

In times of economic troubles all forms of investment seem at first glance a very risky proposition. The stock market certainly is a gamble in the present climate. But what of property.

The UK has one big advantage where property and a potential investor is concerned - the UK is an island and so demand will always outstrip supply. There are not enough houses built or being built to meet the demand.

This may seem total nonsense after what you are no doubting reading and listen via the media. Any kind of investment opportunity in the housing market may appear foolhardy. This is a wrong perception.

Currently, property can be purchased at well below market value - this is an ideal scenario for a potential investor. The problem lies with borrowing from a lender - it has been much discussed that UK mortgage companies and lenders are tightening the criteria and cutting back on mortgage products.

The buy to let market is fairly unaffected - with a majority of mortgage lenders approving buy to let mortgages over and above the typical mortgage for the individual or family to buy to live in. The reason for this is the the buy to let mortgage is considered less of a risk. In times such as the one we are currently experiencing will always fuel the need for tenants.

How To Buy Property For Practically Nothing

If you are currently unemployed what better way to join the workforce again than by employing yourself - as a property investor.

Property investment is not complicated and does not require huge some of money to start. Property investment is not property development

The chances are you probably did not realise that it is possible to acquire a property with a No Money Down Deal - you could recieve a 100% loan from a bank or lender that requires no deposit. All that is needed is a tenant or proof that a potential tenant can cover the cost of the monthly repayments.

Property Investment is not just for the cash rich but does require training and knowledge - if you would like to find out more about property investment on a shoestring - click here

Make Money From Property Investment

Invest In Property To Make Money

As the credit crunch is starting to bite more people are looking into other means to help aid their financial situation and boost their incomes.

Unfortunately in times of economic doom and gloom the most explored avenues are the most hazardous and prone to failure, disaster or both.

Gambling on a national basis usually increases as people uncharacteristically try to luck themselves out of their predicament only to fall into greater debt.

Get Rich Quickly

The get rich quick schemes appear more and more attractive - desperation fuels the fire that burns within the question “maybe this one is for real.” The reality is though that most if not all of the get rich quick schemes that are in abundance on the internet at best will not make you rich and at worse may alleviate you of any money you had to start with.

Its a tired old cliche but very true - if something is too good to be true it usually is.

Get Rich Slowly

An under utilised method of earning additional income is to invest either your time or any surplus savings (or a combination of both) into something that has the potential of returning a high yield.

The stock market is an obvious candidate - but without constant attention, expertise and money (lots of it) higher and a safer returns are more likely from a savings account at a high street bank.

Get rich slowly is a generic term and doesn’t sound as appealing as get rich quick.

Make Money From The Property Market

The property market appears at first glance to be out of reach to the vast majority. Most rule themselves out of the opportunity straight away but considering the obvious components; and average house cost £200K (at time of writing) therefore I would need a mortgage, I already have a mortgage that I am struggling to pay, therefore this is not for me.

A sensible approach in one respect but an uninformed one.

Property Investment is not a gamble nor is it out of reach to the majority once the principles are fully understood. Investment is scary word is not associated soley with the word money. Your time is the biggest investment.

Investing in property, using the example of an average house priced at £200K, is not a £200K risk.

Mortgage lenders have drastically reduced the amount of products available to potential customers but there are still plenty of products available to the property investor.

A Buy To Let mortgage is not considered as risky as there are more potential tenants than properties in the UK. Buy To Let mortgage options range from a standard deposit to the other of the scale, a No Money Down mortgage - where a property can be acquired without any initial spend.

The possibilities for earning additional and passive income from the property market are very real and not out of reach

If you would like to learn more about making money from property investment - FREE training courses and seminars are being held across the UK.

Free Property Investment Training