The secret to successful first-time off-plan property investment

The secret to successful first-time off-plan property investment

Five steps to the lifestyle you deserve

Off-plan property investment isn’t reserved for the super-rich, experienced investor. Anyone can be successful, providing they go about it the right way.

Every successful property investor started out the same way – with no experience, no knowledge, and no one to turn to for advice. Somehow, they made big profits. Many have become very wealthy by investing in off-plan property. You can, too. Here we unlock the secret to successful first-time property investment in five simple steps.

1.      You’re not a property expert. So what?

You don’t need to be a property expert to be a successful property investor. What you do need is a strategy, resilience, and the will to gain a working understanding of the property game as you build a property portfolio.

  • Think about what your objectives are – my objective has always been to liberate my lifestyle.
  • Find out about different property investment strategies – flipping and buy-to-let, for example – and work out which will help you achieve your objectives.

2.      Get advice and investment education

Find yourself a mentor, someone who is going to help you clarify your goals and create your investment strategy. Speak to other like-minded investors, people like you who started off exactly where you are right now.

It was one of the most important things I did. The help I received from my property mentor was immeasurable. I guess that’s why I’m so passionate about helping others achieve success in property investment. He gave his time, knowledge, and the benefit of his experience freely. And that’s what you get from Gladfish, too.

Surf our website and you’ll discover thousands of articles, blogs, videos, books, and other resources in the Gladfish Property Investment Academy. All for free. Everything you need to become fully versed in property investment. And then there’s your property consultant – on hand to offer their support whenever you need it.

3.      Start small and grow

You don’t need to throw everything you own at your first off-plan property investment. In fact, you shouldn’t. The key is to start small and grow. It will help you learn the rules of the game, and gain knowledge and experience with less risk. ‘From small acorns, big oaks grow,’ as the saying goes.

4.      Be an investor, not a landlord

The investment is what makes you the money, not being a landlord. Do you want the day-to-day hassle of managing a property? Hassle which is only going to grow as your property portfolio expands? I certainly don’t. I commit my time to finding the next great property investment opportunities. I leave the landlord duties to an investment property manager.

5.      Dismiss the fear factor, and get started in property investment

When you do something for the first time, it’s a scary undertaking. Think about the first time you sat behind the steering wheel of a car. The first time you drove on a motorway. Your first boyfriend or girlfriend, and your first kiss.

Fear – or nervousness – is a natural emotion. And it’s not a bad thing to have a few nerves. But at some time, you have to let go of your fear. You have to get over those nerves and take the first step. Every journey begins with that first step. If you don’t take it, you’ll never reach your destination. You’ll never achieve your goals. You’ll never create the lifestyle you deserve.

It is the one big secret of every single successful property investor (myself included). They took that first step.

Let us hold your hand as you take your first step in off-plan property investment. Contact one of our team today on +44 (0)207 923 6100, and discover your property mentor.

Live with passion

Brett Alegre-Wood

About the Author

Brett has over 20 years experience in all facets of property, he owns various companies centred around property and is the driving force behind the education and training at Gladfish. His companies have sold over £850 million in UK and London property and he manages over 1200 properties through his estate agency chain. Today he shares his time between UK, Australia and Singapore. He is married to Arlene and together they have 4 kids.

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