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Tag: Property

  • Thinking Of Getting Into The Property Investment Game? Here’s What You Should Know

    Thinking Of Getting Into The Property Investment Game? Here’s What You Should Know

    Are you thinking of getting into the property investment game, then there are certain things you need to know. You can’t just assume that everything is going to work out the way that you want it to at all times, as this is likely not going to be the case. It’s important that you know what to expect, and the best things that you can do to be successful here. In this article, we’re going to be taking a look at some of the things that you should know before you get into the property investment game, so keep reading down below if you would like to find out more.

    It’s Not As Easy As People Think

    The first thing that we want to say is that it’s not as easy as people think. It’s true that real estate investments are generally seen as the safest type of investment, but this does not mean that there is a guarantee of success. You might invest a whole bunch of money into a property only to find that you overestimated how much it would be worth when you finish. Or, you might find that you bought at a bad time, and you’re trying to sell at a bad time.

    There are always things that you need to watch out for, signs that you need to learn and so on. You’re not going to know everything straight away and there’s always going to be an element of risk, but it’s still safer than some of the other forms of investment.

    You Should Research Successful People In The Field

    Another thing that we recommend is that you conduct some research on people who are successful in this field and others that are related or similar. For example, if you do some

    research into someone like Bradley Ransome, you will find that his story is a good one, and that there are lots of tips and tricks that you can pick up from him.

    You may even decide to find one person and make them into your role model for investing into real estate, as this way you get a sense of direction. 

    Don’t Use Money You Can’t Afford

    Probably the most important thing that we’re going to say in this article is this: do not use money that you cannot afford. If the money has been allocated somewhere else, or you need it for something, then don’t put it into property. Not all investments pay off, which is why you should only ever use spare money so that you’re not losing more than you can afford to. Only ever put up money that you are willing to say goodbye to.

    We hope that you have found this article helpful, and now see some of the things that you should know if you are thinking of getting into the property investment game. This is not something that you should undertake lightly, as it’s a big commitment once you get yourself involved. We wish you the very best of luck, and hope that you manage to see success if you decide that this is the right path for you.

  • Handy Hints for Selling Your Office Space

    Handy Hints for Selling Your Office Space

    If you have plans to move out of your current business area and you want to sell the office space that you have, it can help you to have somebody on your side to do that. There is no perfect way to sell a commercial property but you can take several steps to ensure that the sale goes through without a hitch. 

    It does take time to figure it all out so that the property sale goes through without an issue, and if you have property management companies working with you you should be able to use them to help you to sell it. Being in a position where you are able to sell your business property and move forward is really going to help you if you are looking to expand your business. Selling your existing office and buying you property is a big adventure, and we’ve got several steps you should take to make sure that your sale goes through without any errors.

    • Understand who your buyers are. You may have realized through the pandemic that people are selling their offices at record rates as people work more from home. We are managing to cultivate a culture of remote working which is helping everybody to achieve more of a working and life balance. If that’s the reason you are selling your office property, it’s understandable that it may feel like a big worry that it will never come off the market. However, just because some businesses are now selling up and moving to a remote office layout, it doesn’t mean that every business is doing the same. There will still be plenty of people out there who are looking to keep their businesses in offices and they will be looking to buy. If you can figure out who your audience is, you will be able to appeal to them at the highest level.
    • Make sure that you invest in a good photographer. This is the time where you want to showcase your office property and you want to showcase it at its best. Don’t skimp on photography during the sales process because photographs are the first thing that prospective buyers are going to judge your property on. They can actually make or break a sale, so focus on making your property as appealing as possible. When you bring in high quality photographers, you could show off the interiors and the exteriors of the office and really put it in an excellent light ready for selling.
    • Create urgency. While you are looking to sell your office you need to make it so that people really want to buy it. You don’t want your property to sit on the market for months, I want a way to speed up that process to create that sense of agency around the sale. Set yourself a fixed timeline and make it so that your property stands out. Increase the competition and urgency and offer a huge discount when you can afford it. This will help to offload the property within a month or so.
  • Real Estate Basics: Selling a Property for Maximum Profit

    Real Estate Basics: Selling a Property for Maximum Profit


    If you’re looking for a way to make big money fast, real estate tends to be the way to go. When you get involved in real estate, you can accrue assets and sell for major profit with comparatively low effort and risk when compared to other money making projects. Of course, when you purchase a property, one thing is likely to be at the forefront of your mind – how to make maximum profit. Here are some tips that can help you to achieve this goal!

    Choose Your Sales Method

    The key to making maximum profit is selling in the right way. You should use Concierge Auctions or a real estate agent with plenty of good reviews and feedback from previous clients. Having a good sales person on hand can make all the difference between securing a profitable sale or securing really profitable sale. Make sure to check fees and charges and ensure that you’re getting a good rate after the agent has taken their cut.

    Redecorating

    It’s almost always worth redecorating before selling a property, even if it’s planned to be a quick flip. Redecorating can make your property look good as new for interested buyers. If you don’t have the time or capacity to redecorate yourself, you should hire a professional painter decorator to complete the work on your behalf! Choose neutral colours where possible, as this will make your property more appealing to more people. It will allow viewers to image the space as a blank canvas that they can put their own, personal touch on.

    Quality Photos

    Nowadays, most listings can be viewed online. This means that some investors may look at your property online before deciding whether to view or purchase. You should make sure to use a professional home photographer to take quality images of your space. They’ll be able to show it off in its best light, generating more interest and increasing your chances of bagging a good buyer.

    Curb Appeal

    Remember to focus on the outside of the property too. All too many people focus all of their efforts on the interiors. Sure, this is important. This is the space that the buyer is most likely to spend most of their time. But in terms of selling, the exterior of your property can have a huge impact on how quickly it gets snapped up and how much people are willing to pay for it. Your home’s exterior provides buyers with their first impression of the space. You need to make sure that it stands out in a positive way. Make sure that any garden or green space is maintained. The lawn should be short, the hedges should be trimmed and any plants should be well maintained. You should also consider painting fences, doors, doorframes, gates and more.

    Each of the steps above should make all the difference when it comes to selling your property for the best price possible!

  • Things To Think About Before You Become a Landlord

    Things To Think About Before You Become a Landlord

    When it comes to investing your money, a lot of people like to suggest buying property as a way to diversify where your money is being held. And a lot of o people also suggest taking on tenants so that your properties don’t lie empty. But what do you know about being a landlord? Here are some things to think about before you become a landlord.

    Join a community

    For new and existing real estate investors alike, we have built an online community and assets where you can learn how to build cashflow from real estate assets to empower generational wealth.

    You’ll have instant access to different money making techniques, selling tips, how to negotiate effectively when buying real estate to rent to tenants, software that will help to you increase the profits from a buy-refurbish-sell (known as a flipping strategy).  Plus more at Real Estate Investors Club.

    Long term commitment

    When you buy a property, it can be a long-term commitment, especially if you are wanting to invest your money into a property portfolio. Keep in mind, investing in property is not the same as flipping properties. Flipping a house is the act of buying a property that needs a lot of work, doing the renovations, and selling it one for a profit. If you are investing in property, you may not see a profit for around 10 years. At the same time, your property could be someone’s home. If you decide to sell your property at some point, you could end up making a family homeless in the process.

    Having tenants

    If your property is going to lie empty, you might consider having tenants. As we mentioned in the point above, your tenants could end up making your property their home so you may want to think twice about selling it if you have long term tenants. On the flip side, if you may run the risk of tenants treating your property horribly and causing damage. You will need to ensure that you have all of the relevant insurances and checks carried out so that your property does not get damaged or can be repaired if it does. You should also ensure that the property that you are buying is in an area that is desirable for rentals. Checking with an estate agent such as william pitt sotheby’s can help you make an informed decision about the best areas for tenants.

    It’s also good to differentiate between residential and commercial tenants. The latter is best managed using an excellent commercial property management team that can help you with the listings, ensure the general maintenance of the property is communicated, and that the contracts are correctly ironed out beforehand.

    Mortgage or buying outright?

    If you are in the position to buy your house outright, it can be a great way to invest your savings in a long term commitment. However, many people believe that they should invest in property with multiple mortgages. There are several issues with this plan as you might become victim to the changing interest rates and market fluctuations. It is also worth noting that a Buy to Let mortgage nearly always has a higher repayment amount than a traditional mortgage. As tempting as it might be to lie on your application in order to get that cheaper rate, you could be prosecuted for fraud. 


    As you can see, there are a lot of things to think about before letting your property out for other people to use. If you are prepared to take on the financial commitment that is involved, you should speak to your financial advisor and bank to see if it is a good decision for you. If you don’t want to have tenants in your properties, you could always invest in a few holiday homes for your family instead.


  • Top Tips For Becoming An Independent Mortgage Broker

    Top Tips For Becoming An Independent Mortgage Broker

    Do you have a knack for finding solutions to difficult problems? Do you have that uncommon combination of qualities that makes you good with people and good with numbers? I am talking about your ability to work with both. Does the thought of real estate get your adrenaline racing? Do you find the world of finance and banking to be fascinating? If you answered “yes” to any of these questions, you might consider becoming a mortgage broker. Intrigued? You are in luck since we are going to share with you the steps you need to take to get started in the mortgage broker business.

    To begin, let us look at the actual work that mortgage brokers do, as well as the steps you need to follow to become a mortgage broker yourself.

    What does a mortgage broker do?

    A mortgage broker is an independent contractor who looks at mortgage loan products and tells customers about loan availability, qualification requirements, interest rates, and terms. A mortgage broker’s role is limited to that of an intermediary between a borrower and a lender; he or she does not actually make any loans of their own.

    How do you become an independent mortgage broker?

    Step 1: Enrol in a pre-licensure programme.

    A valid license is required of every mortgage loan broker. Aspiring brokers are required to finish a pre-licensure programme, which is a course that covers pertinent federal and state laws and financial regulations concerning mortgages, as well as loan officer ethics, mortgage origination, and other topics.

    Step 2: Get a passing score on the NMLS exam

    To become a mortgage loan originator, you are required to pass a test known as the SAFE Mortgage Loan Originator Test. Everyone takes the same national exam, but there is also a state section that is specific to the laws and guidelines that apply to mortgages in your own area.

    Step 3: Get to work.

    Because a mortgage broker’s success depends on his or her connections with clients and lending institutions, most of them get their first jobs at brokerage firms that already have connections with clients and lending institutions. Before you begin the process of getting your license, you should probably look into the employment opportunities in the market you intend to work in and the tools that can help you, such as mortgage crm software.

    Step 4: Maintain your commitment to further education about mortgage financing

    After you get your licence to be a mortgage broker, it is your job to stay up to date on the latest changes in your area that affect mortgage lending.

    You will be expected to complete a predetermined number of hours’ worth of continuing education classes each year in order to retain your licence in good standing. It’s like the training that accountants, doctors, and lawyers have to go through, and it makes sure that you can do your job well and give your clients the most up-to-date information about mortgage loans.

  • Why You Should Choose Luxury

    Why You Should Choose Luxury

    Everybody has a dream to own their own home in a safe and reliable neighborhood. Even those who aren’t particularly comfortable around people will always choose to live somewhere with a nice neighborhood rather than somewhere with a dodgy neighborhood. It’s just in our nature, we want to be safe and safety often happens in a luxury neighborhood. It can be a challenge to decide on which home to settle, because there are so many options out there. 

    There are also so many different neighborhoods to choose from, so many different areas to choose from, you could even choose to move to the country just to be able to find your dream home. Whether you are going to choose a luxury home builder to build your home for you, or you’re going to buy a house that’s already been established, you need to know what it is that you want so that when you buy your home it’s going to be the one that you live in for many years. With this in mind, we’ve put together a few reasons as to why you should choose a luxury home over a regular one.

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    • The security. You feel safe, it’s only natural. Sometimes, you might find that luxury neighborhoods and luxury homes have better security than those that are not in a luxury bracket. Luxury homes often consist of professional safety personnel in gated communities. CCTV cameras are often spotted which enhances proper surveillance.
    • Comfort. Most of the time, you can equate luxury and comfort in the same sentence. This means that no matter where you are living, you can guarantee that you are going to be comfortable and surrounded by opulence purely because you’ve chosen somewhere luxurious to live. Bathrooms often have the top spas so that you can sink into a bubble bath and breathe a day away. Kitchens often have better ventilation, better appliances, and luxury materials in the countertops. The carpets are usually plush, and the house usually has ducted air conditioning or options such as vacuum cleaners built into the walls. Luxury is everywhere in a luxury home.
    • The technology. From high-tech refrigerators, to smart home systems with smart keys to open the doors, luxury homes will always come with a high tech price tag. Yes, you pay more, but you pay more for the luxury of knowing that your home is going to be secure and well temperature controlled whether you are in it or not. If you want somewhere to live that has cutting edge technology built into the home, then choosing luxury is the smartest thing to do.
    • It’s an investment. Buying a luxury home means you are investing in yourself and in your family. You can often guarantee that your return is going to be much higher later on because you have invested that money now.

    Luxury living can be a game changer. All you need to do is find the right neighborhood in which to build your new luxury home. 

  • How to Upscale & Move to a Bigger Home

    How to Upscale & Move to a Bigger Home

    You’ve outgrown your home. It doesn’t feel like a suitable space for you and your family anymore. You need more room to breathe and more space to move around in. The time has come to upscale – but how? In this quick guide, we will walk you through the basics of upsizing so that you can make the jump as smoothly and stress-free as possible.

    Finances are the first – and most important – step.

    You need to be certain that you can afford the monthly mortgage payments, as well as the costs of any necessary repairs or renovations. Sit down with a financial advisor to review your options and ensure that upsizing is the right move for you. Once you’ve decided that you can afford it, start shopping around for a new home. It’s important to find a space that meets all of your needs – but don’t get too caught up in the details. Remember, you can always change things like paint colors or flooring later on.

    The second step is to declutter and pack up your current home.

    You may be attached to some of your belongings, but it’s important to remember that you won’t have as much space in your new home. So go through your things and decide what you need to keep, what you can sell, and what you can donate or throw away. This will not only make the moving process easier, but it will also help you save on storage costs in your new home.

    You may be tempted to wait until the last minute to pack, but this will only make the process more stressful. Instead, start packing up non-essentials a few weeks in advance so that you can take your time and avoid any rush. Label all of your boxes so that you know what’s inside and where it needs to go in your new home.

    The third step is to hire a real estate agent.

    A real estate agent will help you find the perfect home for your needs and budget. They will also be able to negotiate on your behalf and handle all of the paperwork involved in buying a new home. It’s important to find an experienced agent with whom you feel comfortable. Ask for recommendations from friends or family, or look for online reviews.

    Unless you have many friends and family willing to help you move, it’s best to hire professional movers. They will be able to get the job done quickly and efficiently, and they will have the proper equipment to avoid damaging any of your belongings, so just click here to find out more. Be sure to get quotes from multiple companies so that you can find the best deal.

    Finally, change your address.

    This may seem like a small task, but it’s important to ensure all of your mail is forwarded to your new address. You can do this online or by filling out a change of address form at your local post office. You should also update your address with any companies or organizations you do business with, such as your bank or insurance company.

    Moving to a new home is a big undertaking, but it can also be an exciting time. However, with a little planning and preparation, you can make sure that the process goes smoothly and that you end up in the perfect home for you and your family.

  • Vital Vacation Property Issues To Consider Before Investing

    Vital Vacation Property Issues To Consider Before Investing

    Adding a vacation home to your property portfolio is a serious matter, and as such you need to give it the proper consideration before parting with your hard earned money. Fortuarly you can read all about the most vital vacation property issues to consider before investing, in the post below. 

    1. Location

    When it comes to vacation property, location is everything. Before purchasing a vacation home, research the area extensively. For the highest ROI you need to choose a property in a high end area, in an exclusive tourist destination. The reason being that this will allow you to charge the highest rental prices.

    You will also need to consider whether there will be consistent interest in renting out your property? Is the neighborhood safe and well-maintained? These are important factors to consider before making such a major investment.

    2. Rental Demand

    If your goal is to rent out your vacation property, it’s important to consider the demand for rentals in the area. Is there a high demand for vacation rentals during peak seasons? Do local rental agencies have a good track record and reputation? Are there enough events or attractions in the area to drive consistent interest in renting your property?

    3. Seasonality

    Additionally, consider the seasonality of the area. Some vacation hot spots may only have high rental demand during certain times of year, such as summer or winter vacations. This can affect your property’s profitability and ability to bring in consistent income.

    Although it is worth noting that areas with the highest income during peak seasons can still be a profitable option, as they can bring in enough revenue to cover the costs for the remainder of the year. The other benefit to choosing a property that is most in demand in particular seasons, is that you can use it in off season, without impacting your profit margins.

    4. Maintenance Costs

    Owning a vacation property brings with it certain expenses, such as maintenance costs. When researching potential properties, make sure to factor in the cost of regular upkeep and repairs. Will you need to hire a property management company or staff to handle these tasks? Are there any additional fees for community amenities or services?

    Additionally, if your property is only rented out during certain times of the year, consider the cost of keeping it vacant for extended periods. This can include expenses such as paying for utilities and regular inspections to ensure it is in good condition for future renters.

    Lastly, remember that coastal properties, which vacation homes often are, require additional up keep compared to a home in-land. This is because they tend to weather much faster due to the wind, sand and water damage.

    5. Tax Implications

    Owning a vacation property can also come with various tax implications, such as the potential for rental income to be taxed. It’s important to consult with a tax professional and thoroughly research any applicable laws or regulations before making a purchase.

    You may also want to consider structure options, such as setting up your vacation property as a rental business or creating a homeowners’ association. These can potentially offer tax benefits and help streamline the management of your property.

  • Building Maintenance Tips for Coastal Properties

    Building Maintenance Tips for Coastal Properties

    So, you’ve bought a property on the coast. Congratulations! Whether you plan to use it as a summer getaway or rent it out as an investment, there are some things you need to know about maintaining a coastal property. You can keep your property in top condition for years with simple tips.

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    Inspect Your Property Regularly

    Be sure to check for signs of wear and tear, especially if you live far from the coast. Inspect the roof, gutters, windows, doors, and any other exposed building areas for damage. If you spot any problems, be sure to have them repaired as soon as possible. For example, ensure all showers and pools are sealed up properly to prevent water damage. Use a RIW toughseal to waterproof your property and keep it in good condition.

    Keep An Eye On The Weather 

    Coastal properties are especially susceptible to weather damage. Be sure to keep an eye on the forecast and take action to protect your property if severe weather is expected. If you live far from the coast, consider hiring a property manager who can monitor the temperature and take action on your behalf. 

    Prepare For Storms 

    If you live in an area prone to hurricanes or other severe storms, be sure to protect your property. Storm shutters can help protect your windows from high winds and flying debris, while sandbags can help keep floodwaters at bay. Be sure to have a plan in place so that you know what to do if a storm is headed your way. 

    Protect Against Flooding 

    Flooding is a common problem in coastal areas. To protect your property, be sure to have proper drainage in place and avoid building in flood-prone areas. If flooding does occur, be sure to act quickly to remove any water from the premises and dry out the affected areas as soon as possible to prevent mold and mildew from growing. 

    Keep An Eye On Humidity Levels 

    High humidity levels can cause problems with mold and mildew growth, so be sure to monitor humidity levels inside your coastal property. Use a dehumidifier if necessary to keep indoor air quality comfortable. 

    Watch Out For Pests 

    Pests like termites and mosquitoes are common in coastal areas. Be sure to have your property regularly inspected for signs of problems and take steps to control them if they are found. Regular pest control treatments can help keep pests at bay and prevent them from causing damage to your property.

    Prepare For Erosion

    Erosion is a common problem in coastal areas. Be sure to have a plan to protect your property from erosion. Planting vegetation can help stabilize the soil and prevent erosion, while artificial structures like seawalls can also help protect against erosion. Be sure to consult a professional before taking action to protect your property from erosion.

    You can keep your coastal property in top condition with a few simple tips. Be sure to inspect your property regularly, keep an eye on the weather, and take steps to protect against flooding and erosion. By taking these measures, you can enjoy your coastal property for years.

  • What You’ll Need to Know When Opening a New Property Development

    There’s a lot that goes into opening a new property development – from securing funding and permits to designing and marketing the project. If you’re not familiar with the process, it can be overwhelming. That’s why we’ve put together this guide to help you navigate the waters. In it, we’ll discuss the most important things you’ll need to know when getting started. So whether you’re just starting to plan your development or are already in the midst of it, read on for helpful tips!

    1) Location, Location, Location

    The first step in any development project is finding the right location. This can be a challenge, as you’ll need to find land that meets all of your criteria: it must be zoned for the type of development you’re planning, have good access to transportation and utilities, and be in an area that will appeal to your target market. Once you’ve found a few potential sites, it’s time to start evaluating them. Consider things like demographics, competition, and infrastructure when making your decision.

    2) Financing Your Development

    The next step is securing funding for your project. This can be done through various sources, such as banks, private investors, or government grants. Each option has its own set of benefits and drawbacks, so you’ll need to weigh them carefully before making a decision. Once you’ve found a source of funding, you’ll need to put together a detailed business plan that outlines your development goals and how you intend to achieve them. This will be used to secure the necessary financing.

    3) Get the Proper Permits

    Before you can start construction, you’ll need to obtain the proper permits from your local government. These will vary depending on the type of development you’re planning, so be sure to do your research ahead of time. The last thing you want is to delay your project because you didn’t have the right permits!

    4) Designing Your Development

    Now it’s time to start planning the actual development. This includes things like designing the buildings, choosing finishes and fixtures, and selecting amenities. Again, if you’re not an experienced architect or designer, you may want to hire someone to help you with this process. Otherwise, there are plenty of online resources that can guide you through the design process.

    Once you have a plan in place, it’s time to start construction! This is usually the most exciting part of the process, but it can also be very challenging. Be sure to stay on schedule and within budget to avoid any delays or cost overruns.

    When your development is complete, it’s time to start marketing it! This involves creating a website, advertising in local media, and holding open houses. You’ll want to ensure that your target market knows about your development and is interested in living there.

    5) Hire Property Managers 

    If you’re not planning on managing the development yourself, you’ll need to hire someone to do it for you. This is an important decision, as they will oversee all aspects of the project. Make sure to interview several candidates and check references before making your final choice. Orana Property is an excellent reference if you’re looking for a reliable and experienced property management company. 

    Opening a new property development can be daunting, but with the proper planning and execution, your development will be up and running in no time!

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I’m Lena Benjamin—global growth strategist and author of NIFTY, expanding into sustainable fashion and film. With 25+ years of experience in over 30 cities, I advise on UK buy-refurb-sell property ventures and have worked with startups, corporates, and SMEs. From Amazon interest to FT recognition—let’s unlock your next move.

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