Abo ut U s
PFN Finance specialises in all elemen t of comme r cial finance f u nding . As independen t comme r cial b r oke rs we have access t o a la rge range of Bank s , B uilding Socie t ie s , Finance Houses and Speciali st lende rs .
O ur staff have a w eal t h of kno wledge and expertise in B uilding A P r ope rty Po rt folio in this s ec t o r w i t h an excess of 35 years of e x pe r ience . O ur kno wledge of t he ind ustry makes us v e ry a wa r e t ha t poo r l y r e s ea r ched o r p r e s en t ed applica t ion fo r m a r e v e ry of t en comple t el y r ejec t ed fo r t he wr ong r ea s on s . We use o ur kno wledge t o app r oach an app r op r ia t e lende r fo r t he pa rt ic u la r case. This pro vide s t he clien t w i t h a compe t i t i v e package str aigh t away w ha t e v e r t o r eq u i r emen ts .
WE ARE A BROKER, NOT A LENDER Follo w ing an ini tial discussion, we w ill agree t he way fo rw a r d , hold de tailed discussions w i t h y o u , no r mall y face t o face , t o gain all t he necessary info r ma t ion w i t h a view t o getting a str aigh t fo rw a r d and positive decision f r om t he lende r . We ope r a t e w i t h a polic y of no u p - f r on t fees. O ur fee package is flexible and onl y payable on r e su l ts . All fees a r e agreed in advance and confi r med in wr i t ing .
In tr od u c t ion When y o u t ake t he r igh t app r oach , b uilding a p r ope rty po rt folio can tur n out to be extremely profitable as a long-term investment. Building a
property portfolio can help you come up with the best property in ve st men ts, and can r eall y help y o u o ut when i t come s t o r eal e st ate investing. This is wh y w e ’ v e p ut t oge t he r this a rt icle t o give y o u tips on ho w y o u can go abo ut b uilding a p r ope rty po rt folio ; f r om finance s and long - t e r m plan s, t o even just w ha t kind of p r ope rty t o invest in , and ho w t o choo se t he r igh t t enan ts .
Get Started On Yo ur Po rt folio Wi t h One P r ope rty Fi rst Starting slow and steady is the most efficient way to build your property port folio. This will help you invest smartly. It isn’t recommended to jump right into it with multiple properties at once, as you don’t want to bite off more than you can
chew. So, start small and build sustainably. Your first investment needs to be chosen wisely, and well-thought-out. So, t hink about whether you want a property that is close to where you live, to make maintenance easier, or if you’re okay with a property that is far away that can be o utsourced to a letting agent.
Once you’ve invested in your very first property, you can think about expanding y our property portfolio. Always dip your toes in before taking a big dive.
Make Sure To Find The Right Tenan ts , And Take Care Of Thei r Need Once yo u ’ ve invested in y o ur ve ry fi rst p r ope rty , y o u ’ ll w an t t o find t he r igh t t enan ts . This pa rt of t he process is in teg ral in building a good p r ope rty investment po rt folio . When y o u choose t he best possible tenants fo r y o ur p r ope rty , the y w ill mo st likel y stay t he r e longe r and tr ea t t he p r ope rty w i t h ca r e and lo v e . This means y o ur p r ope rty w ill be occ u pied fo r a longe r t ime , and yo u w on ’ t have t o deal w i t h t he f rustr a t ing “ v oid pe r iod ” of no income . The pe r fec t t enan t w ill also ensure t ha t y o ur main tenance and r epai r costs w ill be a t t he ve ry minim u m , since the y tr ea t t he p r ope rty as t hei r o w n . Once yo u ’ ve fo u nd fi tting tenan ts , make sure y o u have a good relation ship w i t h t hem . The follo wing w ill help y o u : Make sure y o u ’ r e easy t o con t ac t When asked fo r help w i t h main tenance and r epai rs , be p r omp t and r espond q u ickl y En sur e y o ur p r ope rty is safe and complian t t o local laws Make sure t o give y o ur tenants a good amo u n t of no t ice befo r e d r opping b y ; nobod y like an u n w an t ed surprise
We hope these pro tips on building a property portfolio helped you! If
Concl us ion
y o u ’ r e in t e r e st ed in making t he
best p r ope rty investments and getting st a rt ed on y o ur r eal estate investing jo ur ne y , contact us. We ’ d lo v e t o help y o u !
Contact U s Add ress - Roadside Fa r m , Li tt le Sali sb ury , Pewsey, Wil ts hi r e , SN 9 5 NB . Phone - 01672 569040 Email - info@pfnfinance.co.uk
Thank Yo u