As a quick Google search shows, there is no shortage of content targeted at property investors. Whether you are after commentary on market movements, advice on strategy, or information on the investment process, you can find it. You even have your pick of formats, with a range of books, magazines, websites, blogs, and podcasts all widely available.
While having access to so much information is great, it can make it challenging to find what you actually need. The opinions and advice offered can also differ greatly, making it difficult to know what to believe and who to trust. Moreover, the type of information and support you require changes over time, as you progress along your investment journey.
We understand this and want to make it a little easier to find content that is both useful and credible. Here we share a few of our favourite property books and podcasts, by some of the leading market experts. We also highlight the type of information you will likely find most useful, based on your level of investment experience.
You have never invested and are not sure about property investing
If you are completely new to property investing, you will first need to get across the basics. This means learning about the different steps involved in the process, and your responsibilities and obligations as an investor. It also means understanding the benefits of investing in property, as well as the unique challenges investors face.
With that in mind, when you are first starting your property investment journey, we recommend:
You are looking to invest
If you have decided to start investing, you will need information on how to go about buying your first property. This includes a detailed overview of the things you need to do to prepare yourself and your finances. It also includes guidance on what to look for in a good investment opportunity and other key watchpoints.
With that in mind, if you have decided to make your first investment, we recommend:
You have one investment property
If you have bought your first property, you will need guidance on getting the best possible returns from it. This includes advice on structuring your finances and the best strategies for managing key expenses, like your mortgage. It also includes information on building your investment team and making sure you have the support you require to succeed.
With that in mind, if you have made your first investment, we recommend:
You are building your portfolio
If you are working to grow your investments, you will need advice on the best strategies to acquire further properties. At this stage, there is a lot you can learn from the experiences – and mistakes – of other investors. As such, stories of success and case studies on how to overcome specific issues can be particularly enlightening.
With that in mind, if you are looking to grow your portfolio, we recommend:
You are looking to replace your salary with property income
If you are planning to become a full-time investor, you will need guidance on creating a reliable income stream. This means having a clear view of your expenses and how to structure your investments to cover them. It also means understanding how to set up your investments to consistently deliver the best possible returns.
With that in mind, if you are looking to become a full-time property investor, we recommend:
Building serious wealth through property investment
If you are a highly experienced property investor, you still need to spend time building your knowledge and skills. The market is constantly evolving, and you need to continually adjust your investment strategy to account for major movements. You also need to make sure you are aware, and taking full advantage, of any changes that could benefit you.
With that in mind, if you are serious about maximising your investment returns, we recommend:
Want to discuss this further?
If you’d like more information on the investment process and other relevant reference material, give Search Party Property a call. We specialise in supporting investors of all experience levels to achieve financial freedom through property investing. As part of this, we can help you set your investment strategy, and find and secure the best opportunities.