If anyone is looking to get more from their money, or simply find a better way to use their money - investment offers a real opportunity. Now, there are all kinds of investment that one can make. From placing money into a savings account, to investing in stocks with the hope of selling them on at a higher price, or benefiting from corporate dividends. From investing into commodities or cars, music collections. There seems to be no end to the places we can put our money into. With all investment comes risk - but that risk is slightly dulled with research - investing at its core will always remain as some kind of a gamble - that should never be ignored. Today, we’re talking about a type of investment that may be safer than the rest. Today we will talk about property investment. We’ll go over the basics in a bit, but how can you get involved with property investment?     


At a base level, the way most people get involved with investing in a property would be through purchasing a house. This would be to get a place on the ‘property ladder’ the investor would also be a homeowner and live in the house. Some choose to use the house as an asset, boost its value and sell it on to gain a profit. Others use the house as a foundation and simply live in it, with no view to move on. More would use it as the platform to start building a family. No matter what the use is - buying a house is a definite investment. The other way of getting involved in property is by purchasing property with a plan to either renovate the site and ‘flip’ it for profit, or to rent it out to a tenant. These tenants could be businesses who require commercial premises or residential tenants, who will be situated in properties that are apartments or houses - it all depends on the type of property that you buy. Investing in property is usually a good idea - the value of the asset, the property, will likely increase while finances can be gained from the property as rent. Even if prices fall, rent is still paid and any loss is only real upon the sale of the property. If you don't sell, you don't make a loss.


By Brian McKay

If you’re not a homeowner, or already are a homeowner looking to expand your property portfolio - you’ll still likely need to go through the same steps to acquire a property anyway. Unless you’ve got the cash available to buy a property outright, you’ll always need to speak to a bank about a mortgage. This is where things get a little bit tricky - you'll need money. This is a bit harder when you are already paying for your own home, since there is a fair bit of money involved. You'll need to find a chunk of cash to be used as the deposit on a mortgage. This will be fairly high if you're looking to let out the site. Then, of course, there are the other costs involved with buying a home which depends on the country you are purchasing property in.

Once an investment property is secured - you have two options if you are looking to rent the site out. You can either manage the site yourself and find tenants on your own, or you can work with an agency who will find tenants for you. This extends to the maintenance of the property as well - you can complete tasks yourself, or pay someone to do them for you. As a landlord, your biggest responsibility is to ensure the property is well kept - as you'll be footing the bill for any damage on the site or repair issues, unless these are directly caused by tenants.    


There are other ways you can get involved in property that are nowhere near as hands-on as letting, though. If you want to get involved in property investment, but you are wary of it, or can't find the cash for a deposit, you might want to research peer-to-peer lending. This is less traditional and will be conducted solely online without banks or normal lenders. The idea of this is that investors give their money over the internet to businesses and even residential properties to gain some kind of return. Effectively, you give a share of a loan and you receive repayments and interest in proportion to your share. This method of investment isn’t as concrete as investments into property and isn’t protected by the state - however some companies offer a reserve fund to protect lenders. It is just another option for you.

Those are a few of the ways you can get involved in property investment. The basics of property investment? Or any investment in fact? Be conservative with your spending. Going all out on refurbishment, a deposit or a property can be a bad idea, in some instances.

Instead, take things slower. No matter if your property ideas are for a condo for sale, or a piece of a residential apartment block, you need to ensure that research is the foundation for any and every single decision you make. This attitude will serve you well with any investment you make, not just property. With every investment, it is crucial to assess all aspects of the investment, and not just the positive points, but the negative points. Weight these points as one negative might be greater than the positives, or one positive might be so good that it defeats some negatives. At any rate, it is key to be open to assessment as property is a long term investment and any negative point that forces a sale could ensure that you lose a lot of money.

There is a wide market and a lot of options available for budding property investors, but take your time and commit to research before putting money down - a good investment is wise, but a bad investment could drain you of more funds than you realized was possible.