One of the most annoying things when you are just starting off as a property investor is coming across lots of different terms that you don't understand what they mean.
This might seem like a small problem but it is actually one that can hinder you massively.
Imagine not knowing the difference between gross yield and net yield. This could have serious consequences for your finances because if you get it wrong you could end up miscalculating how much profit you have in a deal. And worse still actually thinking you have profit in a deal when infact you are in the red.
That coupled with the amount of property abbreviations out there means that.
Check out the site below as I have found the best glossary of UK property terms and the best UK property abbrieviations that I have come across on any site on the net.
the site is:
http://www.investment-property-guru.com
and the property glossary page is:
http://www.investment-property-guru.com/property-glossary.html
and the property abbreviations page is:
http://www.investment-property-guru.com/property-abbreviations.html
Tuesday, 11 March 2008
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