Money Tips Daily by Charles Kelly, former IFA and author of

How to find your ‘goldmine’ property area

Investors look for deals hundreds of miles away when there are plenty of opportunities on their doorstep.

Know your area – every area has its sweet spot!

Decide on your strategy:

· Are you going down the buy to let route?

· Do you want to be a landlord?

· Are you good at managing property and could you build a rent to rent business?

· Do you want to develop properties or by, refurbish and refinance?

· Do you want to get into commercial conversions?

· Are you cash rich and time poor what time rich and cash poor?

You’ve heard the expression, “location, location, location” I say:

“View, view, view”!

Get out there, talk to agents, get online and start viewing.

One of the most successful property people I know is disabled and in a wheelchair. Even before the internet, he did his research “viewings” from home before venturing out. He could not afford to waste any time.

Training and CPD

Know what you’re doing and never stop learning.

Other articles available at Money Tips Podcast - www.moneytipsdaily.com

1. The UK housing market is rebounding fast after a tax cut by the Chancellor Rishi Sunak

2. UK Property prices rise after stamp duty cut, despite rising unemployment

3. British Chambers of Commerce said 28% of employers may cut jobs in next 3 months

4. UK Mortgages becoming more difficult to obtain and more expensive

5. New planning rules will open up more opportunities to make money in property

6. Opportunity is everywhere for everyone, especially in property! But you have ACT!

7. You don’t need your own money to create a second income in property

8. Time to your economy or Uconomy started whatever the economy is doing!

9. You can create a second income during the lockdown…and come out stronger

10. Learn how to make money from property without deposits, mortgages or cash

By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.

There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

If you’d like further information on how to survive the crisis and even quit the rat race, email me at [email protected]or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com

Other articles available at Money Tips Podcast - www.moneytipsdaily.com

1. Camden Town looking quiet, like the calm before the storm

2. Unemployment could reach 10% and recession last until 2024

3. NS&I pay 1% no minimum or early withdrawal penalties

4. Help to Save best deal of all with 50% bonus if you qualify on low income

5. Lifetime ISA 25% bonus, invest up to £4,000 for first-time-buyers aged 18-39

6.  Payday lenders or ‘instant short-term loan providers charge up to 91% APR

7. High street banks are charging as much as 40% just for an overdraught facility

8. Credit card companies still charging extortionate 16-20% despite low base rate

9. New Home Insulation Grants – Work must be quality checked say consumer groups

10. The UK housing market is rebounding fast after a tax cut by the Chancellor Rishi Sunak

11. UK Property prices rise after stamp duty cut, despite rising unemployment

Are you ready to adapt to the new economic model?

As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?

By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.

There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

If you’d like further information on how to survive the crisis and even quit the rat race, email me at [email protected]or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com

See full article and more at Money Tips Podcast - www.moneytipsdaily.com

By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.

There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

If you’d like further information on how to survive the crisis and even quit the rat race, email me at [email protected]or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com

Other articles available at Money Tips Podcast - www.moneytipsdaily.com

1. New rules start today on face coverings in UK shops and other establishments

2. New Home Insulation Grants – Work must be quality checked say consumer groups

3. Check your holiday destination Coronavirus update and insurance cover

4. UK Passport processing backlog reaches 400,000 due to Coronavirus delays

5. UK unemployment rate could hit 15 per cent with second Covid wave, says OECD

6. The UK housing market is rebounding fast after a tax cut by the Chancellor Rishi Sunak

7. UK Property prices rise after stamp duty cut, despite rising unemployment

8. British Chambers of Commerce said 28% of employers may cut jobs in next 3 months

9. UK Mortgages becoming more difficult to obtain and more expensive

10. Government planning CGT ‘tax grab’ on buy-to-let property investors

11. Nationwide now lending 90% for first time buyers reversing previous change

12. New planning rules will open up more opportunities to make money in property

13. Opportunity is everywhere for everyone, especially in property! But you have ACT!

14. Even the 'Secret law of attraction' requires you to get off your ass and TAKE ACTION!

15. You don’t need your own money to create a second income in property

16. Time to your economy or Uconomy started whatever the economy is doing!

17. You can create a second income during the lockdown…and come out stronger

18. Learn how to make money from property without deposits, mortgages or cash

Are you ready to adapt to the new economic model?

As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?

By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.

There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

If you’d like further information on how to survive the crisis and even quit the rat race, email me at [email protected]or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com

 Weekly Money Tips News Round Up - UK Property prices rise after stamp duty cut

Other articles available at Money Tips Podcast - www.moneytipsdaily.com

1. New rules start today on face coverings in UK shops and other establishments

2. New Home Insulation Grants – Work must be quality checked say consumer groups

3. Check your holiday destination Coronavirus update and insurance cover

4. UK Passport processing backlog reaches 400,000 due to Coronavirus delays

5. UK unemployment rate could hit 15 per cent with second Covid wave, says OECD

6. The UK housing market is rebounding fast after a tax cut by the Chancellor Rishi Sunak

7. UK Property prices rise after stamp duty cut, despite rising unemployment

8. British Chambers of Commerce said 28% of employers may cut jobs in next 3 months

9. UK Mortgages becoming more difficult to obtain and more expensive

Are you ready to adapt to the new economic model?

As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?

By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.

There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

If you’d like further information on how to survive the crisis and even quit the rat race, email me at [email protected]or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com

Learn How to Buy Refurbish and Refinance Property Getting Most or All of Your Money Out While Retaining a Cash Flowing Asset

Free Webinar 26 July 7pm

Anne Houlton will train your referrals how to buy properties at an unmissable discount time and time again, add value to any project taken on and she will train them how to refinance to get as much money out of your property as possible and start again.

This strategy is timeless. Anne will be revealing how to quickly build and maintain a successful property portfolio!

Join here – or copy and paste this link to your browser - https://bit.ly/3jC3qqN

UK Property prices rise after stamp duty cut, despite rising unemployment. The UK housing market is rebounding fast after a tax cut by the Chancellor Rishi Sunak, according to the property website Rightmove.

Other articles available at Money Tips Podcast - www.moneytipsdaily.com

1. UK unemployment rate could hit 15 per cent with second Covid wave, says OECD

2. British Chambers of Commerce said 28% of employers may cut jobs in next 3 months

3. UK Mortgages becoming more difficult to obtain with and more expensive

4. Government planning CGT ‘tax grab’ on buy-to-let property investors

5. Nationwide now lending 90% for first time buyers reversing previous change

6. Stamp Duty slashed until 31 March 2021 by raising the threshold to 500,000

7. New planning rules will open up more opportunities to make money in property

8. Opportunity is everywhere for everyone, especially in property! But you have ACT!

9. Even the 'Secret law of attraction' requires you to get off your ass and TAKE ACTION!

10. You don’t need your own money to create a second income in property

11. Time to your economy or Uconomy started whatever the economy is doing!

12. You can create a second income during the lockdown…and come out stronger

13. Learn how to make money from property without deposits, mortgages or cash

Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period.

Are you ready to adapt to the new economic model?

As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?

By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.

There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

If you’d like further information on how to survive the crisis and even quit the rat race, email me at [email protected]or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com

Does your business interruption insurance cover Coronavirus claims?

Coronavirus Update

Thousands of business interruption claims refused by insurers who say they ‘don’t cover that kind of interruption’…

In a landmark case, UK financial regulators are taking insurers to the High Court in an attempt to settle claims for businesses which had no choice but to close down during the pandemic.

The eight-day trial started this week, with the Financial Conduct Authority (FCA) taking Europe’s largest insurers to court to establish whether they should pay out pandemic-related claims. Companies include Hiscox, RSA Insurance Group Plc, Zurich Insurance Group AG and five other companies will represent the industry at the....see full article.

Other articles available at Money Tips Podcast - www.moneytipsdaily.com

Are you ready to adapt to the new economic model?

As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?

By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.

There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

If you’d like further information on how to survive the crisis and even quit the rat race, email me at [email protected]or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com

Warren Buffett is one of the most successful investors of all time and one of the richest men in the world with a net worth of $79 billion, most of which he intends giving away to good causes.

He leads a relatively simple life in Omaha, Nebraska and has lived in the same house since 1958.

Multi-billionaire Warren Buffett is a ‘value investor’ who invests in companies for long term though Berkshire Hathaway, which has given shareholders a remarkable average annual return 20% since 1965.

A single share in Berkshire now costs over $280,000.

He looks to buy companies at a price which gives him a ‘margin of safety’. In other words, he only buys at below-market value and pays no regard to the sticker price quoted on the stock market.

“Price is what you pay. Value is what you get.”

Warren Buffett

Can you apply this investment philosophy to property?

Of course you can!

All property investors want to buy property at below market value. However, very few take the time and trouble to keep researching the market in order to find that special deal.

“Never invest in a business you cannot understand.”

Warren Buffett

Warren always does his homework and knows his business inside out. He has spent years learning to become a great investor and studied under the likes of Ben Graham, the father of value investing who made a fortune during America’s great depression.

Finding the right property, in the right area at the right price gives an investor an excellent prospect of good long-term earnings - massive upside with very little downside.

“Buy a stock the way you would buy a house. Understand and like it such that you’d be content to own it in the absence of any market.”

Warren Buffett

“Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1”

This might sound strange for someone investing in a volatile ad sometimes risky stock market, but not if you apply his philosophy of buying companies with a margin of safety in the price and a strong moat.

Warren Buffett has come up with many brilliant quotes. Perhaps one of his most famous is:

“We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”

Applying Buffett’s investment philosophy in the stock market or property investment will ensure you make money and build wealth for the longer term without risking the farm on every deal.

By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.

There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

If you’d like further information on how to survive the crisis and even quit the rat race, email me at [email protected]or send me a message through Facebook or my Money Tips Daily community. 

See full story and more articles at www.moneytipsdaily.com

UK Property prices rise after stamp duty cut, say Rightmove

The UK housing market is rebounding fast after a tax cut by the Chancellor Rishi Sunak, according to the property website Rightmove.

The number of sales agreed in England soared by 35% in the five days following Rishi Sunak's announcement on July 8, Rightmove said.

The property market was showing signs of recovery, from a low in April, with agreed sales in England up 15% in June.

Sunak raised the threshold for paying the stamp duty tax on property purchases up to £500,000 until March 31, 2020.

Rightmove added that asking prices rose by 3.7% between June and July, with Estate Agents reporting increased interest and a shortage of property for sale.

However, mortgage lenders Nationwide and Halifax reported falls in house prices and mortgage approvals which slumped to the lowest on record in May, according to Bank of England data.

Is it still worth investing in buy-to-let property?

Investment in buy-to-let properties can still be profitable when done professionally. However, there are still many other opportunities to make money in property without the need for buy-to-let mortgages, large deposits or high rates of tax.

Other articles available at Money Tips Podcast - www.moneytipsdaily.com

Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period.

Are you ready to adapt to the new economic model?

As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?

By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.

There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

If you’d like further information on how to survive the crisis and even quit the rat race, email me at [email protected]or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com

Mortgage shortage coming as lenders start to tighten their belts, due to Coronavirus

Mortgage loans will be squeezed as lenders reduce number of products

Mortgage lenders will start to slash the availability of competitive mortgage products, loans and other credit during the coming weeks despite consumer demand.

Banks have informed the Bank of England that the supply of credit will fall this summer due to coronavirus pressures.

This will be a blow to the UK economy, the housing market house buyers who need to borrow.

The credit ‘crunch’ could mirror the position a decade ago after the financial crisis of 2008, although this recession has not been caused by a banking crisis.

The financial downturn led to a withdrawal of loans and mortgage products for first-time buyers and buy-to-let investors.

There is only one 2-year fixed-rate mortgage deal for borrowers with a 5% deposit, compared with 137 before the coronavirus crisis, according to Moneyfacts.

For those with larger deposits, there is more choice, but the rates and fees have gone up, despite record low interest rates.

Is it still worth investing in buy-to-let property?

Investment in buy-to-let properties can still be profitable when done professionally. However, there are still many other opportunities to make money in property without the need for buy-to-let mortgages, large deposits or high rates of tax.

Other articles available at Money Tips Podcast - www.moneytipsdaily.com

Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period.

Are you ready to adapt to the new economic model?

As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?

By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.

There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

If you’d like further information on how to survive the crisis and even quit the rat race, email me at [email protected]or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com

E-Commerce Cashflow

Learn how to...

Join the free training here: https://bit.ly/3gLXaKW