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Build a Property Portfolio

Updated: Aug 24, 2023

You can amass a lump sum for investing in numerous ways: Saving, inheritance, a legacy, a lucky win! If you have worked hard to save cash, or inherited money you probably want to make sure you invest it wisely so that amount grows or provides an income for you.

Receiving a large sum of money, either as a legacy or a lump sum, can be both exciting and overwhelming. It is important to make the right decision when it comes to investing this money so that you can maximize your returns. There are many investment options available for those who receive a lump sum, ranging from stocks, artworks, wine, precious metals, crypto currencies, classic cars to property investing.

It is important to research the different investment options available before deciding which one is best for you. Some of the above options may be governed by your interests of where you feel most comfortable with depositing your hard-earned money. You should consider factors such as risk tolerance, time horizon, and expected return when making your decision. Additionally, it is wise to consult with an experienced financial advisor, other people who invest in the market you are considering before investing any of your lump sum to ensure that you make the most out of your money.

Build a property portfolio

Investing in property or pension is an important decision that can have a major impact on your retirement planning. Both options offer different advantages and disadvantages, so it is important to understand the pros and cons of each before deciding.

Pension investment offers the potential for long-term growth, tax benefits, and guaranteed income in retirement. Property investing, on the other hand, provides more immediate returns but also carries more risk. It is important to consider your individual circumstances when deciding which option is best for you.

By understanding the differences between pension investments and property investing, you can make an informed decision about which option will be most beneficial for your income.

At Flyt Properties we offer a unique service. We have two levels of investment available to our clients. Once we know the level at which you are comfortable in investing, we’ll identify a property that suits your investment level. We’ll then put you in touch with our legal partners and you’ll make the purchase.

Within our fees we have built in an estimate for general renovations to ensure the property generates the expected returns. However, once the sale has completed, we’ll do a full survey of the property and Flyt and our renovation team will produce a detailed schedule of renovation costs if they are above the reserved amount in the original fees.

Once this is agreed and paid our team of experienced tradesmen and builders will go into your property and quickly completed the required work.

starting a property portfolio

This team has worked with Flyt for many years, they are trusted, produce a high standard of work, and quickly finish the renovations so you can start generating returns. This is a substantial saving for you in time trying to organise electricians, plumbers, joiners etc. when we have a complete team on hand to do the works required.

Once your property is ready to rent, we’ll put you in contact with reliable and professional managing agents that we have used over many years. They’ll do a full background check on potential tenants, so income is long-term and secure. Or, depending on which revenue generating route you have chosen, we’ll help you list your property on short-term booking sites to generate income for the short stay market.

how to build a property portfolio with 20k

With funds now being generated from your first investment you maybe able to raise further investment funds to then look at adding additional properties to your property portfolio. This is your path to building a successful property portfolio that generates income and grows in value as property values increase.

At Flyt Properties we have the experience and know-how of which areas are undervalued and present property investment opportunities in Scotland.

how to start property portfolio

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