When's the Best Time to Invest in Property?

Ever wondered, "When should I invest in property?" You're not alone! Every property investor, whether new or experienced, asks these questions:

• Are prices going to come down soon?
• Will there be a recession?
• Will mortgage rates keep going up?

Most folks wait for the perfect conditions before jumping into property investment. But here's a little secret: there's never a perfect time.

So, when’s the best time to invest in property? For new investors, it's "now." For experienced investors, it’s "yesterday or now."

Tips for Property Investing Success

1. Add Value to Properties
• Look for properties where you can add at least 15% value. Focus on rundown single lets needing cosmetic work. A new kitchen, bathroom, and some paint can work wonders. Consider converting old pubs, nursing homes, and empty offices into residential properties for big value increases.
2. Solve Property Problems
• Find properties with issues like short leases, absent freeholders, or minor structural problems. Fixing these can add value. Not for beginners, though—you need some knowledge first!
• These improvements can add value without upsetting estate agents or your community. Paying "market value" is fine if the value you add is greater than the cost of fixing the problem.
3. Use Non-Bank Finance
• Explore non-bank finance options. We have a separate article on this topic, and you can download our report for more details.

Conclusion

So, when's the best time to invest in property? It’s the same as the best time to plant a tree - 20 years ago…but if you didn’t start then - don’t wait for perfect conditions and start investing today!