Save Yourself From The Inevitable Recession With Real Estate

Bill Maher landed in hot water recently after he said he welcomed another recession if it meant that Donald Trump would lose his presidency. Forget the politics for a moment and the fact that Maher could easily afford a recession on his salary. Instead, let’s focus on his defence. Maher suggested that it didn’t matter whether he wished for one or not, we were due to a recession. He’s right of course. Recessions come around like clockwork and seem to be completely unavoidable. Since there hasn’t been one in a while, it’s only a matter of time before the economy takes a turn for the worse once more. What does this mean?

It means that individuals should be looking for ways to invest. One thing we know happens in a recession is that savings often get washed away. If you have hundreds of thousands in savings right now, you need to think about investing it. Even if you don’t have savings, it’s still worth considering this option because there are other ways to get in on the action and essentially make sure you are protected with a backup in the wake of a financial fallout.

This brings us to property. Short of investing in precious metals, the property is arguably the surest and safest investment option. Invest in property, and you can keep your money safe for years, maybe even decades. It’s certainly not as volatile as other investment possibilities, and that’s probably what you’re looking for. You want something that is safe but also has the potential to bring a huge ROI. Well, that’s property investments in a nutshell. Let’s look at this in a little more detail.


Choosing Your Path

Choosing your path

The first step is to consider whether you should invest to sell or invest in letting. Investing to let is the long-term option whereas selling will put the money you make right back in your bank account. As such, if you’re worried about the chance of a recession buying to let is arguably your best option.

Even then there are a few possibilities you can think about. For instance, you could buy to let a home, an apartment, a block of apartments or even a holiday home. Right away, if you fear the chance of a recession, there’s one choice that you should avoid, and that’s the holiday home. You see, holidays are luxuries and in a recession luxuries are the first thing to go. People take fewer holidays which means that making money off an investment like this is going to be more difficult.

It’s between a house and apartments then or potentially offices. But again, offices are risky because when you buy offices, you’re hoping that businesses will be booming. Of course, this won’t happen through a recession.

The best bet would be to buy apartments to rent out in the city. You should probably start at one. This can provide a comfortable second income and essentially give you an easy life. You’ll always have money to fall back on with this single real estate investment option.


Why Not Buy More Than One?

Think about the game of Monopoly because actually, it can teach you a lot about the property investment game. First, you buy the house which is fine, and then you buy three more houses. Eventually, you might end up with a hotel. Unfortunately, at this point, things can get a little risky. What if your houses need maintenance? Unless you are making substantial profits, then maintenance bills really could take you through the ringer. This is exactly what happens if you pick up that maintenance chance card in Monopoly and the effect is quite similar to a real-life maintenance situation. You’ll have bills that you may not be able to afford.

You can win big by taking risks with real estate, but if you want to keep your finances healthy, one or two apartments are all you need.


Can You Invest Without An Investment?

You may like the idea of investing in property but not have any money to do it right now. You can still invest, and there are a couple options. You can find other people to go in on the investment with you. By doing this, you each only pay a few thousand and share the profits between you. Alternatively, you can take out a personal loan. With personal loans, you can borrow as much as 150K which is more than enough to get that apartment.

You will be taking on a sizeable amount of debt. But you should be able to pay this off gradually with the money that you’re making from letting it out. The issue here is that your investment will be built on a loan so you will have to keep a check on repayments and make sure that you are not in the position where your income stops. Empty properties can be a real killer for investors.


Who Should Be Your Tennant?

There are plenty of choices for tenants. Students can be a good option, particularly if you buy apartments in the city. Students need affordable places to stay, and they aren’t usually interested in all the bells and whistles. You can also get them to sign a guarantor agreement which means that if they can’t pay for one month, then someone else will.

The only issue with the students that you need to consider is those summer months. It’s crucial that you make sure that you take into account the months through the year where no one will be using the property at all. That said, there are various ways around this including fitting it into your budget.

We hope this helps shed some light on real estate investments and whether it is something that you should get involved in. At the very least real estate can be a great way to keep your money secure even in the wake of a recession or any other problem in the economy. Make the right choices, and you also stand to gain huge profits in the short and long term.

The Essential Guide To Becoming An Industry Expert

If you have been working in your current role for a decade or more, you may be feeling the slow burn of itchy feet willing you to move on. You may know how to complete your daily tasks with your hands tied behind your back. You might lack a level of challenge in your job. You may simply be bored. While looking up the career ladder to the next promotion might be the usual route when looking for a new, more fulfilling role, you might be keen to venture down the consultancy route. A highly competitive field, this branch within any sector involves becoming an expert in your chosen niche. However, you cannot simply leave your current position and set up as a consultant otherwise everyone would be giving it a go. Take a look at this guide to becoming an industry expert.


If you haven’t completed any relevant industry-specific qualifications or undergone even the most basic of in-house training for a couple of years or more, you will inevitably be a little rusty. It’s imperative that your finger is on the pulse if you wish to become a leading light within your sector. Get enrolled in as many courses as you can while in your current position. If you work in the engineering field, consider studying for a civil engineering degree online to enable you to specialize further. For those in more creative fields, think about a postgraduate diploma in photography, advertising or graphic design.

Formal qualifications are essential but so is on the job experience. You need to be able to apply what you have learned and then communicate your knowledge to the masses. Ask your employer for more responsibility and spend the next twelve months building up your skill set.


As a consultant, your job will no longer revolve around completed tasks within a business, but empowering others to apply your insider knowledge to their roles for the benefit of their business. You need to go to the coaching sessions, workshops and training days that you run armed with a list of achievements and evidence that your approach to the industry works. You need to be able to answer any question thrown at you, welcome challenge and encourage a healthy debate. It’s vital that you are confident, knowledgeable and can impart your expertise in an effective and enthusiastic way. Everyone has been to a training session that is boring, lifeless and dull. Don’t allow yours to be one of them.

Shadow An Expert

If consultancy is the route you wish to take, inquire about shadowing a leading expert in your area. Go with them to training days and workshops and observe how they teach, coach and speak. They may have a way of enthusing their audience, motivating them to take on board their knowledge and then apply this in their workplace. Use this time to learn from a consultant and then apply what you have seen into your own practice.

When becoming an expert in your chosen field, try to think outside the box and choose a niche that is untapped. No one needs another SEO shining light. This will give you more chance of success when you come to launching your consultancy business. Follow this guide, and you will soon be an industry expert.

Know Your Lender: 5 Important Points to Check When Selecting a Lender

Taking out a loan? Not so fast, there. Hopefully, you wouldn’t marry just anyone, and like marriage, loans are a serious commitment. You aren’t able walk away scot-free whenever you feel like it; it’s a legally binding contract.

True, your loan isn’t supposed to last a lifetime. But there’s still the risk of waking up a few months down the road and realizing you made a terrible mistake. Here are five things to remember as you try to choose a lender.

1. They should give you options.

Very few of us are experts at dealing with loans, mortgages, and the like. For the average person, it’s all a bit confusing. A good lender will alleviate this. They’ll tell you about various types of loans, and help you figure out which one suits your situation best.

A lender who refuses to explain something in simple terms is not your friend.

2. There are warning signs.

Did a lender offer you a much bigger loan than you expected? That’s actually not so good. Predatory lenders are known to catch people on the hook for more than they can ever hope to pay off. You also shouldn’t give them the time of day if there are a bunch of nonspecific fees, or if they advise you to fudge your financial status in order to qualify. 

3. You need a point of contact. 

This one is really easy. If you have to call a number and speak to whatever representative is available, it’s a no-go. You should be able to contact a certain department or person who can handle your questions. A good lender will never make you feel like some random stranger. 

4. They’ll be sizing you up, too.

Of course lenders want to know your credit score. But in addition to that, they might look at your work history, what you currently owe, and more. And even though you’re looking for a loan, they prefer it when you already have cash, particularly if you’re trying to get a mortgage.

With other kinds of loans, they’re also attracted to people who want to pay it off faster. You’re always more likely to be approved for a loan that you’ll pay off in a year than one that’ll take five. Having collateral or other valuables that could be sold off should you fail to repay is also an area of interest for them.

5. Consumers know best.

Never take a lender’s word for it when they tell you they have everything you want and need. Learn from people who have borrowed from them before, and you’ll know once and for all if it’s too good to be true. In addition, if you head to, you can see a list of specs as well as ratings.

When many people look into a loan, they’re focusing on how worthy – or unworthy – they think they will appear. While this does matter, it’s equally critical that your lender have attractive qualities, too. Make sure they demonstrate their expertise, that you can identify who you should be speaking to, and as always, read reviews and do your own research.