Singing Pig

Hi,

After looking at your post I thought my company Northern Property Investment Agency may be of help.

We help investors find buy-to-let properties both tenanted and untenanted in the North East and North West of Britain and all over Europe.

NPIA offer a one stop shop which incorporates property management, financial and legal services.  We also do not charge any form of fees.

If you feel that my company is of help to you please feel free to take a look at our website - www.npia.co.uk or alternatively call me on 020 8420 9801.

Regards,

Craig

Craigy - I think she's interested on Below Market Value properties and not Over Market Value...............

Hi Jane, I have PM you, please have a look. Alternatively email me on pmarwaha@completepi.com regarding BTL investment. You can also call me on 0121 452 5600, if you ask for Parv, you should be put through to me and we can have a consultation.  It is a great advantage to have several letting agents to aid you in the letting process, now all you need is a portfolio of properties, this is where I can help, without you having to pay a full deposit for any of the properties.  I can minimise your initial outlay costs and maximise your profits.

Hope to hear from you soon

Parvinder.

Hi Jane,

I would particularly point you towards the BMV section. Some of the deals described are under negotiation NOW. You can't get much more up to date info than that (including my own post) .If you are unsure of any deal put up the financial details on this forum-you won't be short of advice on specific deals. I have got a book called Buy to Let Property Hotspots but it was published 4 years ago and things have moved on. It is well worth while to thrash out what your specific objectives are. Talk it through with a friend in the business or even with people on this forum.If you are just starting, concentrate on Cash Flow. How much money is going to come in and out of my Bank account each month as a result of this Deal? Ignore people in suits who waffle on about growth markets, equity, and wooonderful  excluuuusive, time-limited, chance in a lifetime deals with Developers. Don't give anyone £30,000 to "invest".

Your objectives should guide you to the type of deals you want.

Best of luck......Keep us posted

Anthony

Hi Jane,

 Keep your head-screwed on at all times. BTL is not the faint-hearted and there are no quick bucks. Talk to letting agents in your area as part of your decision making process.

cheers

simhar

Web: Properite Landlord Software: http://www.properite.co.uk

Be very careful about BMV deals, esp with closed bridging esp with rent backs. The old owners now tenants are very risky tenants, they think you have ripped them off on the price and may just rip you on with non payment of rent. This is not nirvana. They suddenly want a new boiler, or other sundry repairs they could not afford to do as owners.

Yes it can work, but why anyone wants to do a deal and take cashout is beyond me. Your a heading for a total capitals gains nightmare. Why borrow money that you are then liable for tax. Crazy.

If you buy a wonderful prop for 60k thats worth 85k and remortgage for 70k you have now got a taxable profit of 10k.

Borrowing all this money is insane.

Where to buy, thats the big question. All I know is my patch where my yields were 8 or 9 %, well now I can hardly get 6%. I know there is no point me remortgaging one of my props to buy another house as the cashflow will not support 90k houses with £425 rents unless i self manage.This is in Liverpool.

At the moment we have a number of investment properties which are due for completion in the next 6 weeks. Some of these properties have 20% or more discount from market value. We also have a number of units which are two years or more off plan with discounts ranging from 15-20% from current market value. Some deals include rental guarantees, furniture packages,carpets etc. We can also manage your property and ensure you have a hassle free investment.
Contact me for furthur details:- info@plotswithplanning.co.uk
Ian Lyons mobile 078777 54021
office 0151 207 9253

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