Investing in property might not be the first thing that a professional athlete in their prime thinks about putting their money towards, but it’s something that an increasing number of athletes are beginning to do. The earning potential from property is huge, and it takes very little to zero of the athletes time, which means they can focus on their game whilst we do the work in the background to help secure their financial future.
Property investing is very different to buying a residential home. The number one goal of property investment is to secure short-term income and long-term gains. The short-term income can be secured by rental income, and the long-term gains can be achieved through capital gains (the house price increases over time). This can be achieved by growing a property portfolio which can be fully managed for you by agents, with very little input required from the athlete.
Another option is to invest funds into a ‘pot’ that get used to purchase property. You as the athlete don’t have to get involved at all, and you don’t own any property so you don’t have to deal with any agents. But what you do get is an annual interest paid on the money you have invested that builds over time – so your money makes you more money without you having to lift a finger.
Why would a professional athlete want to work with us, and why wouldn’t they just buy property on their own?
There’s a lot of thought and experience that goes into finding profitable property deals, from knowing the location hot spots, understanding what strategy will produce the best yield, having experience with the many costs associated with refurbishment projects, knowing who to work with, as well as having access to a trusted and proven team. Not to mention knowing how to navigate the legal compliance in lettings as well as understanding tax implications.
Our experience empowers professional athletes wanting to invest in property to make profitable decisions, by removing the need for them to identify areas with high demand, great yields, and capital appreciation, so they can focus on their sport, and we can focus on securing their financial future beyond their playing days.
We offer a free, no-obligation one-on-one consultation to understand your property requirements and timelines.
Property investment is a key avenue for athletes. It offers additional income, and the potential for long-term appreciation.
If you want to find out more about working with Foxstone Property, send us a message by clicking here
