{"id":2528,"date":"2017-03-24T16:30:54","date_gmt":"2017-03-24T16:30:54","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=2528"},"modified":"2023-09-28T15:37:11","modified_gmt":"2023-09-28T14:37:11","slug":"property-wealth-much-farming-hunting","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/03\/24\/property-wealth-much-farming-hunting\/","title":{"rendered":"Why property wealth is so much more about farming than it is about hunting"},"content":{"rendered":"<p><strong>There are probably just as many property investment tips and tricks as there are investment options, but to manage a successful property portfolio you really only have to do one thing: be a farmer and not a hunter.<\/strong><\/p>\n<p>By saying this, we mean what you really need to do to succeed in <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/03\/07\/spring-budget-2017-expect-uks-property-market\/\" target=\"\" rel=\"noopener\">Britain\u2019s diverse property market<\/a> is to buy the right assets, hold on to them in the long-term and finance them correctly.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"3rvmeOsU4V\"><p><a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/03\/21\/when-brexit-became-reality-british-pound-and-property-after-march-29\/\">When Brexit became reality: British pound and property after March 29<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;When Brexit became reality: British pound and property after March 29&#8221; &#8212; BuyAssociation Group\" src=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/03\/21\/when-brexit-became-reality-british-pound-and-property-after-march-29\/embed\/#?secret=Cr7XPTDjpG#?secret=3rvmeOsU4V\" data-secret=\"3rvmeOsU4V\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>In other words, you\u2019ll be a farmer. You\u2019re experienced, sow your work\u2019s seeds before you reap the rewards, have already started planning for next year and don\u2019t get too concerned by a couple of clouds on the horizon (or your weather app).<\/p>\n<p>Hunters, on the other side, are all about the quick kill. Do it now and think about it later. For the property world, this means that some investors try to outsmart the market by using strategies like only following the really big trends &#8211; <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/01\/27\/london-house-prices-collapse\/\" target=\"\" rel=\"noopener\">even when it\u2019s too late<\/a> &#8211; and not factoring in real life trouble.<\/p>\n<p><strong>So what exactly is a property farmer?<\/strong><\/p>\n<p>What kind of property farmer you are depends on what it is you\u2019re looking for in your investment.<\/p>\n<p>Overall however, the most important advice is to always keep one thing in mind: your investment property will be <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/01\/17\/propertys-condition-important-50-british-renters\/\" target=\"\" rel=\"noopener\">someone else\u2019s home<\/a>.<\/p>\n<p>So the more liveable, the more desirable it is, the more likely you are to find the perfect tenant. Or a new tenant once you perfect tenant moves out. Or even a buyer if you ever changed your mind.<\/p>\n<p>But what makes a property desirable? Undoubtedly, <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/01\/31\/meet-property-hotspots-2017-manchester-birmingham-edinburgh\/\" target=\"\" rel=\"noopener\">location is one of the key factors<\/a>. This, however, doesn\u2019t mean you need to buy in a city centre. Urban centres are expensive, which means they\u2019re automatically putting a higher risk on your investment.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"r9MbHDxMnI\"><p><a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/03\/21\/city-centre-vs-outskirts-ultimate-investment-comparison\/\">City Centre Vs. Outskirts: The ultimate investment comparison<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;City Centre Vs. Outskirts: The ultimate investment comparison&#8221; &#8212; BuyAssociation Group\" src=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/03\/21\/city-centre-vs-outskirts-ultimate-investment-comparison\/embed\/#?secret=LrfPITjttl#?secret=r9MbHDxMnI\" data-secret=\"r9MbHDxMnI\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>If instead you invested in a location close to a city centre, you\u2019d probably still attract a fairly big crowd of tenants, but minimise the risk of over committing financially to begin with.<\/p>\n<p>Another good tip is to make sure you create a diverse portfolio. The same way a farmer rotates what crop their growing, you should make sure you cover <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/03\/13\/property-qa-6-studio-apartments-good-buy-let-investment\/\" target=\"\" rel=\"noopener\">different types of dwellings<\/a> as well as <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/02\/13\/property-investment-qa-5-spot-coming-property-hotspot\/\" target=\"\" rel=\"noopener\">different locations<\/a> as they all come with varying perks and benefits.<\/p>\n<p><strong>So go out there, do some research and then some digging and build yourself the perfect property farm: long-lasting, diverse and very liveable. <\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>There are probably just as many property investment tips and tricks as there are investment options, but to manage a successful property portfolio you really only have to do one thing: be a farmer and not a hunter. By saying this, we mean what you really need to do to succeed in Britain\u2019s diverse property<a class=\"excerpt-read-more\" href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/03\/24\/property-wealth-much-farming-hunting\/\" title=\"ReadWhy property wealth is so much more about farming than it is about hunting\">&#8230; Read more &raquo;<\/a><\/p>\n","protected":false},"author":1069,"featured_media":4437,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[2,6],"tags":[29,265],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/2528"}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/users\/1069"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/comments?post=2528"}],"version-history":[{"count":1,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/2528\/revisions"}],"predecessor-version":[{"id":6096589,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/2528\/revisions\/6096589"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media\/4437"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media?parent=2528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/categories?post=2528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/tags?post=2528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}