Chapter
Investing in Property: Benefits and Tips
23:28 - 29:54 (06:25)
Investing in property can be beneficial as it offers potential for increasing value and passive income through rent, and inflation can also work in favor of the buyer. For those considering buy-to-let, self-management for the first year is advisable.
Clips
The speaker recommends self-managing buy-to-let properties for at least a year to gain experience before outsourcing to property managers.
23:28 - 26:33 (03:05)
Summary
The speaker recommends self-managing buy-to-let properties for at least a year to gain experience before outsourcing to property managers. They also suggest buying properties near where you live for ease of access.
ChapterInvesting in Property: Benefits and Tips
Episode#393 - Ali Abdaal - 12 Simple Ideas To Earn Passive Income
PodcastModern Wisdom
Investment in rental properties can bring you some great capital gains.
26:33 - 27:21 (00:47)
Summary
Investment in rental properties can bring you some great capital gains. However, when you sell an investment property, you'll have to pay capital gains tax on profits earned, and it stands at 20% for basic taxpayers.
ChapterInvesting in Property: Benefits and Tips
Episode#393 - Ali Abdaal - 12 Simple Ideas To Earn Passive Income
PodcastModern Wisdom
This podcast episode discusses how investing in real estate can allow for long-term financial gain both in appreciation value and monthly rental income, as well as the potential benefits of inflation on fixed rate mortgages.
27:21 - 29:54 (02:32)
Summary
This podcast episode discusses how investing in real estate can allow for long-term financial gain both in appreciation value and monthly rental income, as well as the potential benefits of inflation on fixed rate mortgages.