So, you’ve acquired your first buy-to-let property and are now reaping the rewards. Many of you will now ask yourselves, ‘Should I continue investing and growing a property portfolio?’
In general, investors with four or more properties are considered a portfolio landlord. If you have one property at the moment, this may seem a long way off, but it’s worth planning ahead and finding the best property investment strategy for yourself, which may involve becoming a portfolio landlord.
There are various approaches an investor can take to get a property portfolio off the ground. This can include buying property outright, applying for a buy-to-let mortgage, or investing in property developments.
Starting a property portfolio can take a lot of time, work, and capital, but there are plenty of reasons why investors prefer several properties over just one.