In an effort to improve our services we’ve upgraded our office phone system and now have a second phone line you can reach us on.
Our usual number, +44 (0)845 438 0634. And now our local number +44 (0)1253 820 905.
Later this month we’ll also be launching a ‘chat interface’ on the website. You’ll be able to chat with us directly online at anytime of the day.
Communication plays a huge role for us with our clients as many of you are based in different parts of the world. We want to make sure you can get in touch with us the best way that suits you.
Coming soon…..a property investment strategy unique to our clients that will double your profits within 18 months! Interested? Get in touch today…
Following on from our “Seven Property Investment mistakes to avoid.” We’ve put together a six-part miniseries on investment tips we’d like to share.
For years I’ve seens first-hand investors not following the basic rules of property investing and coming to us looking for help and advice after things have gone wrong.
Investing for the right reasons and getting it right at the beginning is critical but it isn’t hard to do so long as you follow the basic principles of investing.
You can sign up to our six-part miniseries by emailing us and each week you’ll receive a new instalment – A MUST READ for everyone looking to invest in property!
Sign up to our 6-part miniseries here
When investing in property, cash flow is king. Capital appreciation, whilst profitable, should never be relied upon. When you invest in any property you can control your yield – Simply make money when you buy (equity within the property) and have strong monthly cash flow. Neither of these are achieved investing in the UK markets right now but are available in some US markets.
I agree that our target markets in the USA such as Detroit, Memphis and Orlando have seen unprecedented falls in value over the last five years as much as 70% in some cases. Like any market it is at this point in the cycle when investors make more money than in any other.
Consider some of the emerging European markets of the last 10 years that saw huge capital rises in a short period of time and yet so many investors lost huge amounts of money, but how? The reason is that investors bought for the wrong reasons. They relied on capital rises and financing with no consideration to cash flow – the back bone of any property investment. Subsequently, they couldn’t keep up monthly repayments and couldn’t find anyone to rent their property.
The USA markets are different. They are not emerging markets. They are well established, urban residential areas with a large population of locals who all need a place to live. Rental demand is strong, and there is also a healthy balance of owner occupiers and renters. There are no promises of 100% capital rises, only steady, sensible, organic rises over a medium period whilst all the while giving a high return to the investor of over 13% and also limiting the investors exposure as prices are so low.
The key to successfully investing in the USA is knowing where and what to buy and having the right team in place to manage your investment. Get this right, and your investments will achieve returns far superior to anything you can achieve in the rest of the world.
And it’s well worth it.
Anyone considering purchasing property in the US within the next 2 months, now is a good time to fix your rate.
The rate of exchange has risen to over 1.65, the highest since the end of May. On a typical cash purchase of around $42,000 this could save you over £750!
If you need some advice on your currency exchange, you can speak to our currency provider, Neil Hartley at Personal FX. +44 (0)20 7743 7073 or email Neil, NealHartley@personal-fx.co.uk
Florida’s condo and house prices rose 1 percent in the 2nd quarter of 2011, a double increase compared to the same period last year according the stats from Florida Realtors.
52,451 homes were sold across the state, compared to 51,973 for same period the year before.
Statewide sales of existing condos in the second quarter rose 14 percent compared to the same period a year ago.
For investment properties, across the state home and condo sales in the second quarter also increased over 1Q 2011’s sales figures, according to Florida Realtors’ records. For 2Q 2011, statewide sales of existing homes rose 17.7 percent over the previous quarter’s activity; statewide existing condo sales increased 8.1 percent over the 1Q 2011 level.