guest post from Scott and Jonathan from Lexcal Property
We love working with athletes.
Recently we have sponsored two of the hottest young fighters to come out of Scotland in a long time, one of whom is going to be crowned WORLD CHAMPION next month in America! Exciting times.
What we have found when working with athletes is that their mindset is different.
Their drive, motivation and understanding of the importance of fundamentals is applicable well beyond sport. We believe that these characteristics will benefit athletes regardless of the industry they choose to explore in life after professional sport.
All you need as an athlete exploring a new industry is a bit of knowledge. Once an athlete has that, they can apply the patience, hard work and consistency that they apply to their sporting career and reap the rewards.
In this respect, we believe that property is a perfect fit. You might get a quick, lucky win but it’s unlikely. You have to do your research, make sure the fundamentals fit and make a plan. Then you execute. It’s a long term game and athletes understand that success takes years not weeks.
We help with the knowledge and then act as a guide through every stage of the process. We’re in it for the long term and want to create lasting relationships with our clients.
If you’re wondering whether you should invest some of the money you’ve saved up in property, we believe that the answer is probably, ‘Yes.’
Here are just a few reasons…
Although there are never any certainties when it comes to investing, buying property is a safe option. You can simply leave your money in the bank but now, you won’t make much income from it.
Although property does have its ups and downs, when you buy right it usually does increase in value and you can make money renting out the property to tenants.
Research shows people still have great trust for investments backed by ‘bricks and mortar’, and property continues to be a popular asset class with investors and their advisers due to historical long-term growth – it’s generated a return of 10.9 per cent a year since the 1970s.
As property prices are not necessarily correlated to the stock market, UK property values can remain resilient during periods of economic downturn.
So, if you’re looking for something that’s low risk but has a great return then we believe property is the way to go.
Compared to investing in the stock market where there are so many variables, putting your money in property is easy.
At Lexcal we are able to showcase what represents a good deal in the property market. Compare that to the million things you need to know and the various calculations you need to make to invest in other avenues, and the property market is a simpler, less volatile way to make money when you work with the right people.
Having property gives you something that it is really important to have in your financial life – leverage.
When you have properties, you can use them as security should you need to borrow money for any reason in the future. You’ll also be able to borrow much more than you would be able to on the back of an investment portfolio.
So even if you have other investment goals, property is a great place to start, given that it can empower any financial moves you’d like to make in the future.
We hope this has given you some food for thought about the benefits of investing in bricks and mortar, As you can see, the advantages to buying property are numerous, providing you know what you’re doing and have the right team around you.
Scott and Jonathan from Lexcal Property
If you’re a LAPS Member and you’d like a free, no obligation chat about your property options, just reach out.
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