If you have read my previous post Property Investor Show, London Excel, September 2008 - Review you will know that we visited the Property Investor Show at Excel last weekend, and what I really didn’t understand is why there are not more people investing at present?
One panel debate of 1.5 hours asked the question: “BUY NOW OR WAIT? What approach is the professional taking towards UK & International property investment?”
In a single sentence the answer was that you should carefully research both rent and tenant availability, and if it stacks up to cover mortgages at sensible rates (i.e. without relying upon discounts) with positive cashfow remaining, then now is an excellent time to buy. If you’d like me to write up my full notes on this fascinating debate and post them on the blog, please leave a comment below. If I get enough requests, I will do so.
There was no doubt in the panel’s opinion that there are fortunes to be made (and lost) at present, with the difference being simply down to the investor’s attitude and education.
We can’t help you too much with the former, but for the latter we have such recent blog posts as:
==> Mark Tolley Webinar FREE Download NOW
==> The Death of Property Investing? Ask Dolf de Roos & Simon Zutshi
==> Landlord’s Energy Preservation Certificate (EPC) Deadline Wednesday 1st October 2008
==> Learn How To Convert 70% Of Your Leads Into Profitable Deals
And free reports to download including:
==> Explanation of Bridging Finance
==> The Ten Questions You Should Be Asking Your No Money Down Scheme Provider
And further reports, ebooks & paperbacks including:
==> Dr Dennis Coote’s (of Hampshire Property Club) “Property Development for Profit” ecourse that includes 5 free downloads (review at Dr Dennis Coote - Property Development For Profit - Book Review)
==> Toby Hone’s “Surviving The Credit Crunch” from TaxCafe (review at Surviving The Credit Crunch by Toby Hone - eBook review)
==> Mark Tolley’s New No Money Down (NMD) Finance Methods - Secrets Exposed (review at New No Money Down (NMD) Finance Methods - Secrets Exposed)
And of course our very own:
==> Summit Forum: Free Property Investors’ Discussion Forum where fellow property investors will be pleased to try and help answer your questions.
Finally, to help your attitude and confidence a little, there’s always:
==> Duncan Bannatyne - Anyone Can Do It - Book Review
==> Andy Shaw’s inspiring book “Money For Nothing And Your Property For Free” of which you can currently download the first 5 chapters FREE
So what are you waiting for? There’s fortunes to be made, right now, and you won’t see times - or opportunities - like these for another 20+ years. Start reading, educate yourself, then get out there and start building your fortune!
And when you do find a deal, or if you need some advice, Contact Us at Summit Finance and we’ll put you in touch with our team of solicitors and mortgage brokers who will ensure that everything else works smoothly for you behind the scenes.
