Building a retirement plan from a property portfolio

Building a retirement plan from a property portfolio

One of the reasons why people save money is to invest and probably ensure that their retirement is comfortably funded. In this case, finding the right channel for investment returns is vital to foster a fruitful savings strategy.

For ages, investing in real estate properties has proven to be one of the most successful strategies to take for your retirement. Why? Homeowners are on the decrease while house renters are on the increase. However, this does not come as easy as it sounds; you need to incorporate the right investing techniques to achieve productive results. Some of these techniques are briefly outlined below.

Startup with a partnership, then branch off later

You can start your investment with a colleague or simply a partner, with the agreement to separate on a later date when both of you are in a financially stable position. However, there may be the need to document your partnership so  your rights are protected in cases of premature precaution. Many people attribute their success to this technique as it helps in pulling off efforts as well as funds together, towards building an empire.

Diversify your investments

There’s a high risk that comes along with “putting all your eggs in one basket”. At times, the real estate markets fluctuates, and if you happen to have redirected all your investments in a particular market, you might be at risk. You may consider diversifying your retirement investment properties through;

Location

Asset classes

Risk profile

Core asset

Core plus

Value-added rental properties, etc.

 

Other portfolio building strategies that can greatly benefit you while investing for your retirement plans in real estate properties include;

Use of agent brokers

Investing in different markets

Low risk

C-B-A strategy, etc.

 

Whichever strategy you choose to opt for, remember the key factor is, first of all, conducting a market survey, and ensure the location or nature of the property you want to invest in has potential in the future. This includes the stability of the market, its growth, as well as the expansion of your investments. 

 


Get in touch with us

Please make sure to fill in all the fields
Please make sure to fill in all the fields

Situated just between the Old Bedford and New Bedford Roads along a quiet Drive is this superb and attractive bay fronted four bedroom detached family home. Presented in immaculate condition throughout for any new owners to enjoy.

As a practised estate and letting agent based in Luton, I like to monitor the Luton property market, compare it to the UK property market, and then share it with Luton homeowners and landlords.

Should you hold out to get an offer from a cash buyer? Are they really the best option? Would you go to great lengths to ensure you could buy your next home with cash? Read this article to find out if cash is king in property sales.

Selling a property and going through a separation make the top three on the list of the most stressful experiences a person can go through, and sadly, these two things often go hand in hand. If this is you, read this article for guidance on handling this process.