{"product_id":"investing-in-international-real-estate-for-dummies-isbn-9781119527527","title":"Investing in International Real Estate For Dummies","description":"\u003cp\u003e\u003cb\u003eAspiring international real estate investors—expand your portfolio today!\u003c\/b\u003e\u003cb\u003e \u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe real estate world can be a particularly difficult place to do business, and this book helps aspiring international investors of all skill levels avoid some of the pitfalls first-timers often make. Expert author Nicholas Wallwork opens your eyes to how accessible international real estate can be and provides an excellent introduction to some of the main strategies and nuances when investing at home or away.   \u003c\/p\u003e \u003cp\u003e\u003ci\u003eInvesting in International Real Estate For Dummies\u003c\/i\u003e covers expert strategies for investing in international real estate, going beyond the more obvious tactics like buy-to-lease and flipping houses. It gives you a solid roadmap for successful property investing that actually works in any market. It lays out checklists of tasks and offers step-by-step guidance and advice based on over a decade of in-the-trenches experience working in the international real estate investment sector.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eLearn previously unseen expert strategies\u003c\/li\u003e \u003cli\u003eFind out how to choose which countries to invest in\u003c\/li\u003e \u003cli\u003eEasily navigate your way around lease options\u003c\/li\u003e \u003cli\u003eBuild an in-country network of reliable contacts\u003c\/li\u003e \u003cli\u003eManage your new assets with ease\u003c\/li\u003e \u003cli\u003eHow to build the mindset of a top real estate investor\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eLooking to start or expand your international real estate portfolio? Everything you need is at your fingertips!\u003c\/p\u003e \u003cp\u003e\u003cb\u003eIntroduction 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAbout This Book 2\u003c\/p\u003e \u003cp\u003eFoolish Assumptions 3\u003c\/p\u003e \u003cp\u003eIcons Used in This Book 3\u003c\/p\u003e \u003cp\u003eBeyond This Book 4\u003c\/p\u003e \u003cp\u003eWhere to Go from Here 4\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 1: Building a Successful Real Estate Portfolio 5\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1: Introducing Real Estate Investment Strategies 7\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTaking Your Real Estate Investments to the Next Level 8\u003c\/p\u003e \u003cp\u003eComparing property to other asset classes 8\u003c\/p\u003e \u003cp\u003eGoing beyond fixer-uppers and straightforward buy-to-rents 10\u003c\/p\u003e \u003cp\u003eFocusing on Investment Strategies That You Can Use Internationally 11\u003c\/p\u003e \u003cp\u003eRunning Your Property Portfolio as a Business 12\u003c\/p\u003e \u003cp\u003eGetting Your Financial Ducks in a Row 13\u003c\/p\u003e \u003cp\u003eUnderstanding financing options and valuation 13\u003c\/p\u003e \u003cp\u003eGetting the expert help you need 14\u003c\/p\u003e \u003cp\u003eBlending Real Estate Strategies to Create a More Robust Portfolio 14\u003c\/p\u003e \u003cp\u003eKeeping an open mind about different strategies 15\u003c\/p\u003e \u003cp\u003eIncorporating shorter-term strategies into your portfolio 16\u003c\/p\u003e \u003cp\u003eExploring longer-term strategies for earning a regular income 17\u003c\/p\u003e \u003cp\u003eAvoiding spreading yourself too thin 20\u003c\/p\u003e \u003cp\u003eSo Which Strategies Are Right for You? 20\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2: Investing at Home or Abroad: Which Is Right for You? 23\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDeciding Whether to Invest Abroad: It’s Not All about the Numbers 24\u003c\/p\u003e \u003cp\u003ePlaying on your passion 24\u003c\/p\u003e \u003cp\u003eTapping into available knowledge 25\u003c\/p\u003e \u003cp\u003eConsidering Your Budget 26\u003c\/p\u003e \u003cp\u003eAssessing Your Risk Profile 28\u003c\/p\u003e \u003cp\u003eIdentifying where you sit on the risk spectrum 28\u003c\/p\u003e \u003cp\u003eConsidering country-specific risk factors 29\u003c\/p\u003e \u003cp\u003eFactoring your goals into the equation 31\u003c\/p\u003e \u003cp\u003eFiguring Out How You’ll Manage Your Property 31\u003c\/p\u003e \u003cp\u003eDrilling Down to the Right Market for You 33\u003c\/p\u003e \u003cp\u003eLooking at the cold, hard facts and figures 33\u003c\/p\u003e \u003cp\u003eDeveloping your knowledge of that country and region 34\u003c\/p\u003e \u003cp\u003eFocusing Your Attention on One or Two Key Markets 35\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3: Treating Your Real Estate Portfolio as a Business 37\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAiming for Passive Income as the Ultimate Goal 38\u003c\/p\u003e \u003cp\u003eDefining passive income 38\u003c\/p\u003e \u003cp\u003eLooking at examples of passive income 40\u003c\/p\u003e \u003cp\u003eLooking at the pros and cons of passive income 40\u003c\/p\u003e \u003cp\u003eDrafting a Dream Team 42\u003c\/p\u003e \u003cp\u003eGetting expert advice 42\u003c\/p\u003e \u003cp\u003eOutsourcing other aspects of your workload 44\u003c\/p\u003e \u003cp\u003eFinding and vetting experts, at home and overseas 46\u003c\/p\u003e \u003cp\u003eGetting the most out of your dream team 48\u003c\/p\u003e \u003cp\u003eInvesting in Systems and Technology to Grow Your Business 49\u003c\/p\u003e \u003cp\u003ePutting the right processes in place 50\u003c\/p\u003e \u003cp\u003eDefining effective business processes 51\u003c\/p\u003e \u003cp\u003eSaving time through software 51\u003c\/p\u003e \u003cp\u003eEvaluating technology solutions 53\u003c\/p\u003e \u003cp\u003ePromoting Your Real Estate Business 53\u003c\/p\u003e \u003cp\u003eManaging Your Cash Flow Like a Boss 55\u003c\/p\u003e \u003cp\u003ePreparing for the rise and fall of income and expenses 55\u003c\/p\u003e \u003cp\u003eMaintaining a safety net with a cash buffer 57\u003c\/p\u003e \u003cp\u003eGetting the Right Insurance 57\u003c\/p\u003e \u003cp\u003eInsuring your properties correctly 57\u003c\/p\u003e \u003cp\u003eMaking sure your chosen partners have the right insurance 58\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4: Protecting Yourself against Market Fluctuations 61\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDiversifying Your Portfolio with Multiple Revenue Streams 62\u003c\/p\u003e \u003cp\u003eInvesting for the long term and the short term 62\u003c\/p\u003e \u003cp\u003eIncorporating multiple strategies into your portfolio 63\u003c\/p\u003e \u003cp\u003eSeeking out other ways to diversify your portfolio 65\u003c\/p\u003e \u003cp\u003eFinding Strategies That Work Well in a Boom Market 65\u003c\/p\u003e \u003cp\u003eWorking with the booming market 65\u003c\/p\u003e \u003cp\u003eLooking at suitable boom strategies 66\u003c\/p\u003e \u003cp\u003eFinding Strategies That Work Well in a Credit Crunch 68\u003c\/p\u003e \u003cp\u003eWorking with the challenging market 68\u003c\/p\u003e \u003cp\u003eLooking at suitable crunch strategies 69\u003c\/p\u003e \u003cp\u003eDoing the Opposite of What the Mass Market Is Doing 71\u003c\/p\u003e \u003cp\u003eTailoring Your Funding to Economic Fluctuations 72\u003c\/p\u003e \u003cp\u003eUnderstanding the impact on traditional finance 72\u003c\/p\u003e \u003cp\u003eAccessing nontraditional forms of finance 74\u003c\/p\u003e \u003cp\u003eConsidering Foreign Exchange Rate Risks 75\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5: Getting into the Mind-set of a Successful International Real Estate Investor 77\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eContinually Improving through Education 78\u003c\/p\u003e \u003cp\u003eTapping into a wide variety of sources 78\u003c\/p\u003e \u003cp\u003eTaking time for education before you put your money on the line 80\u003c\/p\u003e \u003cp\u003eNetworking in the Right Places 80\u003c\/p\u003e \u003cp\u003eNetworking offline and online 80\u003c\/p\u003e \u003cp\u003eGetting the most out of networking meetings and events 81\u003c\/p\u003e \u003cp\u003eMaintaining and nurturing your network 82\u003c\/p\u003e \u003cp\u003eSetting Your Goals 82\u003c\/p\u003e \u003cp\u003eFiguring out what you want 83\u003c\/p\u003e \u003cp\u003eCommitting to and working toward your goals 83\u003c\/p\u003e \u003cp\u003eCultivating a Positive Mental Attitude 85\u003c\/p\u003e \u003cp\u003eUsing positive affirmations 85\u003c\/p\u003e \u003cp\u003eEmbracing gratitude 87\u003c\/p\u003e \u003cp\u003eVisualizing for Success 88\u003c\/p\u003e \u003cp\u003eIdentifying the benefits of visualization 88\u003c\/p\u003e \u003cp\u003ePutting visualizing into practice 89\u003c\/p\u003e \u003cp\u003eGetting the most out of visualization 90\u003c\/p\u003e \u003cp\u003eHarnessing the Law of Attraction 91\u003c\/p\u003e \u003cp\u003eUnderstanding how the law of attraction works 92\u003c\/p\u003e \u003cp\u003eFocusing on your thoughts and feelings 93\u003c\/p\u003e \u003cp\u003ePutting the law of attraction into practice 94\u003c\/p\u003e \u003cp\u003eMeditating to Manage Stress and Risk 95\u003c\/p\u003e \u003cp\u003eLooking at the benefits of meditation 96\u003c\/p\u003e \u003cp\u003eMaking meditation work for you 97\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 2: Money, Money, Money 99\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6: Weighing Traditional Finance Options 101\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFinance as a Key Element of Success and Growth 102\u003c\/p\u003e \u003cp\u003eSeeing the link between leverage and growth 102\u003c\/p\u003e \u003cp\u003eUnderstanding the full range of finance options 103\u003c\/p\u003e \u003cp\u003eConsidering the Main Financing Factors 104\u003c\/p\u003e \u003cp\u003eLooking at the property itself 105\u003c\/p\u003e \u003cp\u003eDeciding between fixed-rate and adjustable-rate loans 105\u003c\/p\u003e \u003cp\u003eLooking at the length of the loan 107\u003c\/p\u003e \u003cp\u003eFinding the right loan-to-value balance 108\u003c\/p\u003e \u003cp\u003eWeighing up repayment versus interest-only loans 109\u003c\/p\u003e \u003cp\u003eTaking fees into account 110\u003c\/p\u003e \u003cp\u003eAssessing a Range of Traditional Finance Products 112\u003c\/p\u003e \u003cp\u003eGetting a standard residential investment mortgage 112\u003c\/p\u003e \u003cp\u003eSeeking a commercial mortgage 113\u003c\/p\u003e \u003cp\u003eUsing a bridge loan 113\u003c\/p\u003e \u003cp\u003eTaking out a second-charge loan 115\u003c\/p\u003e \u003cp\u003eGetting land and development loans 115\u003c\/p\u003e \u003cp\u003eFinding the Right Product for You 117\u003c\/p\u003e \u003cp\u003eDipping into International Finance versus Domestic Finance 118\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7: Understanding Property Valuation 119\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDefining Value and Real Estate Valuation 120\u003c\/p\u003e \u003cp\u003eComparing price to value in more detail 120\u003c\/p\u003e \u003cp\u003eUnderstanding the purpose of appraisals 121\u003c\/p\u003e \u003cp\u003eLooking at factors that influence value 121\u003c\/p\u003e \u003cp\u003eKnowing who values real estate 122\u003c\/p\u003e \u003cp\u003eSeeing Why Valuation Is Fundamental to Property Success 123\u003c\/p\u003e \u003cp\u003eUnderstanding enough to maximize your investments 124\u003c\/p\u003e \u003cp\u003eKnowing the difference between yield and return on investment 124\u003c\/p\u003e \u003cp\u003eConsidering how valuation methods may affect your financing 125\u003c\/p\u003e \u003cp\u003eRecognizing that appraisers are risk averse 126\u003c\/p\u003e \u003cp\u003eMaking your own valuation case 127\u003c\/p\u003e \u003cp\u003eLooking at the Three Main Valuation Methods 128\u003c\/p\u003e \u003cp\u003eMarket comparison approach 129\u003c\/p\u003e \u003cp\u003eIncome or investment approach 130\u003c\/p\u003e \u003cp\u003eCost approach 132\u003c\/p\u003e \u003cp\u003eKnowing Which Method Is Best for You and How Much an Investment Is Worth 132\u003c\/p\u003e \u003cp\u003eEvaluating on a case-by-case basis 132\u003c\/p\u003e \u003cp\u003eDoing your own appraisal research 133\u003c\/p\u003e \u003cp\u003eSpecial Considerations for Valuing Property Abroad 134\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8: Looking at More Creative Financing Options 135\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eYou Down with OPM? Investing with Other People’s Money 136\u003c\/p\u003e \u003cp\u003eIntroducing the concept of OPM 136\u003c\/p\u003e \u003cp\u003eLooking at OPM as a route to real estate success and wealth 137\u003c\/p\u003e \u003cp\u003eJoining Up with a Joint Venture 138\u003c\/p\u003e \u003cp\u003eKnowing what’s involved in a joint venture 138\u003c\/p\u003e \u003cp\u003eLooking at examples of joint ventures 139\u003c\/p\u003e \u003cp\u003eUnderstanding why people would invest in you 139\u003c\/p\u003e \u003cp\u003eFinding the right joint venture partner 140\u003c\/p\u003e \u003cp\u003eCreating a compelling business proposal for potential joint venture partners 142\u003c\/p\u003e \u003cp\u003eDotting the I’s and crossing the T’s with a joint venture agreement 145\u003c\/p\u003e \u003cp\u003eSecuring Private Lending 146\u003c\/p\u003e \u003cp\u003eFinding and approaching private lenders 147\u003c\/p\u003e \u003cp\u003ePutting it all in writing 148\u003c\/p\u003e \u003cp\u003eCrowdfunding Your Way to Real Estate Success 149\u003c\/p\u003e \u003cp\u003eGetting Control of a Property Instead of Owning It 149\u003c\/p\u003e \u003cp\u003eApplying Creative Financing Strategies Overseas 150\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 3: One-off and Shorter-term Income Strategies 153\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9: Developing Properties 155\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eKnowing What Property Development Means 156\u003c\/p\u003e \u003cp\u003eDeciding Which Development Strategy Is Best for You 157\u003c\/p\u003e \u003cp\u003eUnderstanding why you need to think about the end before you start 157\u003c\/p\u003e \u003cp\u003eLooking at the main exit options 158\u003c\/p\u003e \u003cp\u003eWeighing which option is right for you 158\u003c\/p\u003e \u003cp\u003eKeeping your target audience in mind 159\u003c\/p\u003e \u003cp\u003eGiving yourself multiple exit options 160\u003c\/p\u003e \u003cp\u003eSourcing Development Opportunities 161\u003c\/p\u003e \u003cp\u003eAssessing the property itself 161\u003c\/p\u003e \u003cp\u003eDeciding on the right location 162\u003c\/p\u003e \u003cp\u003eFinding the best properties (before anyone else) 162\u003c\/p\u003e \u003cp\u003eFinancing Your Development Projects 165\u003c\/p\u003e \u003cp\u003eUnderstanding how development financing works 165\u003c\/p\u003e \u003cp\u003eKnowing whether you need a development loan 166\u003c\/p\u003e \u003cp\u003eLooking at other ways to fund your development projects 167\u003c\/p\u003e \u003cp\u003eWorking out how much it’s going to cost 167\u003c\/p\u003e \u003cp\u003eFiguring out what improvements are needed 168\u003c\/p\u003e \u003cp\u003eManaging the Development 169\u003c\/p\u003e \u003cp\u003eKnowing where you need professional help 169\u003c\/p\u003e \u003cp\u003eCreating a detailed budget 171\u003c\/p\u003e \u003cp\u003eCreating a realistic schedule 174\u003c\/p\u003e \u003cp\u003eCommunicating to keep the project on track 175\u003c\/p\u003e \u003cp\u003ePreparing the property for sale or rent 175\u003c\/p\u003e \u003cp\u003eFive International Locations Where This Strategy Would Work 176\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10: Dealing in Property Information 179\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDealing in Investment Property Leads: The Five-Minute Lowdown 180\u003c\/p\u003e \u003cp\u003eHow does it work? 180\u003c\/p\u003e \u003cp\u003eHow can you progress from an investment property sourcer to a retained buyer’s agent? 181\u003c\/p\u003e \u003cp\u003eIs this strategy right for you? 182\u003c\/p\u003e \u003cp\u003eGenerating and Selling Property Leads 183\u003c\/p\u003e \u003cp\u003eFinding your niche 184\u003c\/p\u003e \u003cp\u003eCreating value for your clients by facilitating off-market deals 185\u003c\/p\u003e \u003cp\u003eUnderstanding the financial model 186\u003c\/p\u003e \u003cp\u003eSourcing valuable properties 186\u003c\/p\u003e \u003cp\u003eMarketing the property to bring buyers and sellers together 190\u003c\/p\u003e \u003cp\u003eActing as a Retained Buyer’s Agent 192\u003c\/p\u003e \u003cp\u003eKnowing what it means to be a retained buyer’s agent 192\u003c\/p\u003e \u003cp\u003eUnderstanding the financial model and agreeing terms with buyers 193\u003c\/p\u003e \u003cp\u003eAttracting buyers to your service 194\u003c\/p\u003e \u003cp\u003eSourcing properties effectively for your buyers 196\u003c\/p\u003e \u003cp\u003eFive International Locations Where This Strategy Would Work 196\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 4: Ongoing and Passive Income Strategies 199\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11: Making Rent-to-Rent Work for You 201\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDefining Rent-to-Rent: The One-Minute Rundown 202\u003c\/p\u003e \u003cp\u003eAddressing Rent-to-Rent’s Image Problem 203\u003c\/p\u003e \u003cp\u003eApplying Rent-to-Rent across a Range of Properties and Strategies 205\u003c\/p\u003e \u003cp\u003eWhat types of property are suitable for rent-to-rent? 205\u003c\/p\u003e \u003cp\u003eWhat approaches can you take to sublet the property? 205\u003c\/p\u003e \u003cp\u003eWhich approach is right for you? 206\u003c\/p\u003e \u003cp\u003eExploring change of use in more detail 208\u003c\/p\u003e \u003cp\u003eMargin in the Middle: Understanding the Rent-to-Rent Financial Model 209\u003c\/p\u003e \u003cp\u003eLooking at the startup costs 209\u003c\/p\u003e \u003cp\u003eGetting started on a shoestring budget 210\u003c\/p\u003e \u003cp\u003eCovering ongoing costs and earning an income from the property 211\u003c\/p\u003e \u003cp\u003eSourcing the Ideal Rent-to-Rent Property (and Landlord) 213\u003c\/p\u003e \u003cp\u003eEvaluating potential properties 213\u003c\/p\u003e \u003cp\u003eFinding a landlord who’s open to rent-to-rent 216\u003c\/p\u003e \u003cp\u003ePositioning yourself as a professional rent-to-rent operator 217\u003c\/p\u003e \u003cp\u003eSorting Out Your Rental Agreement 218\u003c\/p\u003e \u003cp\u003eAgreeing the length of the lease and other terms with your landlord 218\u003c\/p\u003e \u003cp\u003eHaving a tenancy agreement in place with each of your tenants 219\u003c\/p\u003e \u003cp\u003eFinding Tenants and Managing the Property 220\u003c\/p\u003e \u003cp\u003eFinding good tenants 220\u003c\/p\u003e \u003cp\u003eManaging the property after your tenants are in place 221\u003c\/p\u003e \u003cp\u003eIdentifying Five International Markets Where This Strategy Would Work 222\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12: Leveraging Lease Options 223\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eUnderstanding Lease Options and How They Work 224\u003c\/p\u003e \u003cp\u003eBreaking down a lease option into its component parts 224\u003c\/p\u003e \u003cp\u003eLooking at the pros of lease options 225\u003c\/p\u003e \u003cp\u003eWeighing the cons 226\u003c\/p\u003e \u003cp\u003eDeciding whether lease options are right for you 227\u003c\/p\u003e \u003cp\u003eUnderstanding the Financial Model for Lease Options 228\u003c\/p\u003e \u003cp\u003eEarning rental income from the property 229\u003c\/p\u003e \u003cp\u003eEarning capital growth on the property 229\u003c\/p\u003e \u003cp\u003eSelling the option instead of buying the property 230\u003c\/p\u003e \u003cp\u003eUnderstanding the “consideration” payment 230\u003c\/p\u003e \u003cp\u003eConsidering ongoing costs 231\u003c\/p\u003e \u003cp\u003eKnowing What’s in It for the Property Owner 232\u003c\/p\u003e \u003cp\u003eSourcing Lease-Option Opportunities 233\u003c\/p\u003e \u003cp\u003eDeciding what type of property you want and how you’ll operate it 233\u003c\/p\u003e \u003cp\u003eLooking for motivated sellers who would be open to a lease option 234\u003c\/p\u003e \u003cp\u003eGetting the owner onboard with a lease option 235\u003c\/p\u003e \u003cp\u003eNegotiating the Deal and Contract 236\u003c\/p\u003e \u003cp\u003eYour monthly rent 236\u003c\/p\u003e \u003cp\u003eThe length of the agreement 237\u003c\/p\u003e \u003cp\u003eThe purchase price 238\u003c\/p\u003e \u003cp\u003eThe consideration 238\u003c\/p\u003e \u003cp\u003eOther safeguards 239\u003c\/p\u003e \u003cp\u003eIdentifying Five International Locations Where This Strategy Would Work 240\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13: Delving into Houses in Multiple Occupation 243\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroducing HMOs 244\u003c\/p\u003e \u003cp\u003eBreaking Down the HMO Financial Model 245\u003c\/p\u003e \u003cp\u003eSourcing HMO Properties 246\u003c\/p\u003e \u003cp\u003eConverting your existing home into an HMO 247\u003c\/p\u003e \u003cp\u003eBuying a property to turn into an HMO 248\u003c\/p\u003e \u003cp\u003eDeciding Who You Want to Rent To 249\u003c\/p\u003e \u003cp\u003eFinding the Best Location for Your HMO 249\u003c\/p\u003e \u003cp\u003eStaying on the Right Side of the Law 250\u003c\/p\u003e \u003cp\u003eComplying with HMO management regulations 250\u003c\/p\u003e \u003cp\u003eSorting out planning requirements 251\u003c\/p\u003e \u003cp\u003eDealing with mandatory HMO licensing 252\u003c\/p\u003e \u003cp\u003eLooking at the key health and safety considerations for HMOs 253\u003c\/p\u003e \u003cp\u003eManaging Your HMO 255\u003c\/p\u003e \u003cp\u003eSorting tenancy agreements 256\u003c\/p\u003e \u003cp\u003eFinding and vetting tenants 258\u003c\/p\u003e \u003cp\u003eManaging your tenants and the property 260\u003c\/p\u003e \u003cp\u003eScaling Up Your HMO Portfolio 262\u003c\/p\u003e \u003cp\u003eIdentifying Five International Locations Where This Strategy Would Work 263\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 14: Renting to Students and Low-Income-Housing Tenants 265\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eKnowing What’s Involved in Renting to Students and Low-Income-Housing Tenants 266\u003c\/p\u003e \u003cp\u003eUnderstanding why you may want to rent to multiple tenants in one property 266\u003c\/p\u003e \u003cp\u003eIdentifying your tenants’ needs 266\u003c\/p\u003e \u003cp\u003eLooking at the Pros and Cons of Renting to These Tenant Groups 268\u003c\/p\u003e \u003cp\u003eAddressing the negative connotations and downsides 268\u003c\/p\u003e \u003cp\u003eLooking at the positives 269\u003c\/p\u003e \u003cp\u003eSourcing the Right Kinds of Property for Students and Low-Income-Housing Tenants 270\u003c\/p\u003e \u003cp\u003eFinding the right location for students 270\u003c\/p\u003e \u003cp\u003eIdentifying the right location for low-income-housing tenants 271\u003c\/p\u003e \u003cp\u003eLooking at the property itself 271\u003c\/p\u003e \u003cp\u003eMarketing Your Property and Finding Tenants 272\u003c\/p\u003e \u003cp\u003eMaking sure the rent is competitive 273\u003c\/p\u003e \u003cp\u003eEnticing students to your property 273\u003c\/p\u003e \u003cp\u003eAttracting low-income-housing tenants 274\u003c\/p\u003e \u003cp\u003eVetting tenants 275\u003c\/p\u003e \u003cp\u003eDrafting the Tenancy Agreement 275\u003c\/p\u003e \u003cp\u003eChoosing the right agreement 276\u003c\/p\u003e \u003cp\u003eAdding in additional clauses for these tenant groups 277\u003c\/p\u003e \u003cp\u003eSorting out the security deposit 277\u003c\/p\u003e \u003cp\u003ePhysically Preparing Your Property for Use 278\u003c\/p\u003e \u003cp\u003eKitting out the property for your target audience 278\u003c\/p\u003e \u003cp\u003ePreparing for plenty of wear and tear on the property 279\u003c\/p\u003e \u003cp\u003eMaking sure the property is safe for your tenants 280\u003c\/p\u003e \u003cp\u003eManaging Your Property Effectively 281\u003c\/p\u003e \u003cp\u003eChecking in on the property more regularly 282\u003c\/p\u003e \u003cp\u003eManaging tenants’ behavior 282\u003c\/p\u003e \u003cp\u003eLooking at Five International Locations Where This Strategy Would Work 283\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 15: Providing Serviced Accommodation 285\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDefining Serviced Accommodation 286\u003c\/p\u003e \u003cp\u003eWhat type of accommodation does it cover? 286\u003c\/p\u003e \u003cp\u003eWhat about the “serviced” part? 287\u003c\/p\u003e \u003cp\u003eWho stays in serviced accommodation? 289\u003c\/p\u003e \u003cp\u003eLooking at the Pros and Cons of Serviced Accommodation 289\u003c\/p\u003e \u003cp\u003eTaking a glimpse at the positives 289\u003c\/p\u003e \u003cp\u003eAssessing the downsides 292\u003c\/p\u003e \u003cp\u003eDeciding What Level of Service to Offer 294\u003c\/p\u003e \u003cp\u003eCovering the basics 294\u003c\/p\u003e \u003cp\u003eWowing guests with personal touches 295\u003c\/p\u003e \u003cp\u003eTailoring your offering to your target audience 296\u003c\/p\u003e \u003cp\u003eSourcing Serviced Accommodation Properties 296\u003c\/p\u003e \u003cp\u003eLooking at the quality and size of the property 297\u003c\/p\u003e \u003cp\u003eChoosing the right location for your guests 297\u003c\/p\u003e \u003cp\u003ePreparing Your Property for Serviced Accommodation Use 299\u003c\/p\u003e \u003cp\u003ePlanning for the practicalities of welcoming guests 299\u003c\/p\u003e \u003cp\u003eGetting the decor and overall look of the property right 299\u003c\/p\u003e \u003cp\u003eEquipping the property with everything your guests need 300\u003c\/p\u003e \u003cp\u003eNavigating Planning and Regulatory Restrictions 301\u003c\/p\u003e \u003cp\u003eGetting the Right Business Processes and Systems in Place 302\u003c\/p\u003e \u003cp\u003eManaging reservations 303\u003c\/p\u003e \u003cp\u003eOptimizing your pricing 304\u003c\/p\u003e \u003cp\u003eMarketing your property 304\u003c\/p\u003e \u003cp\u003eManaging Your Serviced Accommodation Business on an Ongoing Basis 306\u003c\/p\u003e \u003cp\u003eIdentifying Five International Locations Where This Strategy Would Work 307\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 16: Providing Vacation Rentals, at Home and Abroad 309\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eKnowing the Difference Between Vacation Rentals and Serviced Accommodation 310\u003c\/p\u003e \u003cp\u003eChoosing the Right Location for You 312\u003c\/p\u003e \u003cp\u003eDeciding which country is best 312\u003c\/p\u003e \u003cp\u003eDrilling down to the right location 313\u003c\/p\u003e \u003cp\u003eDoing your due diligence on the vacation market in your target area 313\u003c\/p\u003e \u003cp\u003ePlanning for Costs, Cash Flow, and Variations in Occupancy 314\u003c\/p\u003e \u003cp\u003eThinking of cash flow and costs from an annual perspective 315\u003c\/p\u003e \u003cp\u003eUnderstanding seasonality and void periods 316\u003c\/p\u003e \u003cp\u003eOvercoming seasonality challenges 317\u003c\/p\u003e \u003cp\u003eSourcing the Ideal Property for Vacation Rentals 318\u003c\/p\u003e \u003cp\u003ePreparing Your Property for Use 320\u003c\/p\u003e \u003cp\u003eProviding the “wow factor” through service 320\u003c\/p\u003e \u003cp\u003eIncluding all the practical things your guests need 320\u003c\/p\u003e \u003cp\u003eMaking sure your property is bursting with personality 321\u003c\/p\u003e \u003cp\u003eMaking the property as season-proof as possible 322\u003c\/p\u003e \u003cp\u003ePaying attention to the exterior 322\u003c\/p\u003e \u003cp\u003eMaking sure the property is safe and complies with local laws 323\u003c\/p\u003e \u003cp\u003eMarketing Your Vacation Rental 324\u003c\/p\u003e \u003cp\u003eAdvertising your property on the right online platforms 324\u003c\/p\u003e \u003cp\u003eHaving your own website 325\u003c\/p\u003e \u003cp\u003eInvesting in professional pictures and awesome descriptions 325\u003c\/p\u003e \u003cp\u003eCultivating great reviews 327\u003c\/p\u003e \u003cp\u003eManaging Your Vacation Rental 327\u003c\/p\u003e \u003cp\u003eWorking with a managing agent 327\u003c\/p\u003e \u003cp\u003ePricing dynamically throughout the year 328\u003c\/p\u003e \u003cp\u003eIdentifying Five International Locations Where This Strategy Would Work 329\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 5: the Part of Tens 331\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 17: Ten (Or So) Practical Ways to Get into the Mind-Set for Success 333\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTapping Into Education Resources 333\u003c\/p\u003e \u003cp\u003eUsing Productivity Apps and Tools 334\u003c\/p\u003e \u003cp\u003eLearning to Be in the Here and Now 335\u003c\/p\u003e \u003cp\u003eCementing Your Goals Using a Vision Board or Goal List 337\u003c\/p\u003e \u003cp\u003eTrying Out a Visualization Exercise, Real Estate Style 338\u003c\/p\u003e \u003cp\u003eIncorporating Positive Affirmations into Your Day 339\u003c\/p\u003e \u003cp\u003eRecognizing and Giving Thanks for Your Successes 340\u003c\/p\u003e \u003cp\u003eDownloading Helpful Apps 341\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 18: Ten (Or So) Other Real Estate Strategies to Consider 343\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDelving into Buy-to-Rent (Single-Tenant) Properties 344\u003c\/p\u003e \u003cp\u003eFlipping Houses 344\u003c\/p\u003e \u003cp\u003eRunning a Bed-and-Breakfast, Guesthouse, or Hotel 345\u003c\/p\u003e \u003cp\u003eOwning or Running a Care Home 346\u003c\/p\u003e \u003cp\u003eBecoming a Real Estate Agent, Rental Agent, or Property Manager 347\u003c\/p\u003e \u003cp\u003eInvesting in Real Estate Investment Trusts 348\u003c\/p\u003e \u003cp\u003eOffering Emergency Housing Accommodation 349\u003c\/p\u003e \u003cp\u003eGetting into Commercial Property 350\u003c\/p\u003e \u003cp\u003eTrading in Freeholds 351\u003c\/p\u003e \u003cp\u003eIndex 353\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eNicholas Wallwork\u003c\/b\u003e is a successful entrepreneur, multimillionaire real estate investor, developer, and property and business mentor. He is known across all media channels as a highly respected authority in the real estate investment world and has an extensive and proven track record for delivering successful, high-return investments for his clients and students. Wallwork is dedicated to helping educate investors. Visit www.propertyforum.com\/ real-estate-courses for upcoming companion courses to this book.   \u003c\/p\u003e\u003cul\u003e \u003cli\u003eDiscover proven strategies to help you succeed\u003c\/li\u003e \u003cli\u003eLearn mind-set techniques needed for real estate success\u003c\/li\u003e \u003cli\u003ePick the right international market for you\u003c\/li\u003e \u003c\/ul\u003e  \u003cp\u003e\u003cb\u003eGo international with confidence!\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eHave you been thinking about investing in real estate at home or abroad, but feeling a little unsure about stepping out on your own? This guide will be your silent partner! Nicholas Wallwork lays out the strategies, tactics, and techniques you need to know, based on his own extensive and successful experience. Learn multiple new real estate investment strategies and how to tell whether the domestic or international market is right for you and your chosen investment strategy, protect yourself from market fluctuations, explore financing options, develop a highly successful investor's mind-set, and manage your investments with confidence!  \u003c\/p\u003e\u003cp\u003e\u003cb\u003eInside...\u003c\/b\u003e \u003c\/p\u003e\u003cul\u003e \u003cli\u003eAvoid common investment mistakes\u003c\/li\u003e \u003cli\u003eUncover niche investment strategies\u003c\/li\u003e \u003cli\u003eChoose the best investments\u003c\/li\u003e \u003cli\u003eNavigate lease options\u003c\/li\u003e \u003cli\u003eDiscover houses of multiple occupation\u003c\/li\u003e \u003cli\u003eExplore serviced accommodation\u003c\/li\u003e \u003c\/ul\u003e","brand":"For Dummies","offers":[{"title":"Default Title","offer_id":47989473771749,"sku":"NP9781119527527","price":26.99,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119527527.jpg?v=1761784244","url":"https:\/\/k12savings.com\/es\/products\/investing-in-international-real-estate-for-dummies-isbn-9781119527527","provider":"K12savings","version":"1.0","type":"link"}