I have been investing in property for a big chunk of my life and I still get a buzz out of it. I have taught property investing to thousands of people from all over the world and it never ceases to amaze me that people still don’t really think about what they are doing or how big a risk it can be when property investing.

I buy from all over the world and invest in many countries but there are still key steps to take when investing in the UK or abroad.

Here are my 10 key strategies for investing in property

Read the full story

Popularity: 63% [?]

Auction day

Auction day tends to be quite frenetic. There are often hundreds of properties for sale, and each property may only take around two to three minutes to sell, so it’s important to keep track of the lots. If you are successful, you become legally obliged to buy the property the minute the hammer comes down. At this point you must pay a ten per cent deposit.

As soon as your bid is accepted, the sale becomes legally binding – it’s too late to change your mind so you need to be sure you’ve made the right preparations.

Possible downsides

One downside of buying at auction is that you’ll need to have organised your valuation/survey, solicitor and mortgage beforehand. And even though you’ve paid a few hundred pounds for these, there’s no guarantee you’ll be the successful bidder.

Read the full story

Popularity: 13% [?]

Property auctions used only to be for property that was impossible to value. Recent trends, however, have shown that the number of property auction sales has increased by 20% since last year. With property auctions becoming increasingly popular, is it still a sure fire way to bag a bargain?

Not for the faint hearted!

Property auctions are not for the faint-hearted! Most people who buy at auction are investors or developers who have access to cash immediately and also have sufficient confidence to know a bargain when they see one.

Traditionally, those who are prepared to buy at auction would almost certainly get a better price than if they had purchased on the open market. In some cases, the savings can be up to 40%; however, this is no longer guaranteed.

To really pick up a bargain at auction it is important to consider the many reasons why a property ends up in the auction house in the first place. Many properties make it to auction, simply because the agents do not know the property’s value. These can be a real bargain if you understand the market better than others, or if you have local knowledge that will allow you to make a reasonable judgement.

Read the full story

Popularity: 12% [?]

A lot of people move home to gain more living space.  The cost of moving can be huge when you take into account the cost of selling, lawyers fees, estate agent fees, removal costs, buying and setting up costs of the new home.

Another alternative is extending your current home, assuming that you have the available land to do this.

Lets look at some of the numbers involved in moving and extending.

Example:  You have a house for sale at £230000 and are buying at £260,000.

Costs of selling and buying:

Estate agent fees at 1% = £2300 + advertising costs of about £500 = £2800
Legal fees = £500 - £1000
Moving costs = £1000 - £1500 (if you use a removal firm)
Buying new property at 3% stamp duty = £6900
Extra mortgage cost at 6% per month over 25 years = £57,000

Total cost of buying and selling= £68,000 - £69,200

There will of course be other small costs involved which can add up to another few thousand.

A lot of buyers don’t take into account the cost of adding the extra mortgage payments and the interest added onto this.

Read the full story

Popularity: 13% [?]

“If you truly believed that being an expert property investor would make you a Millionaire, and deliver true wealth and financial freedom, would you take action right now?”

I’ve been investing in property, educating and teaching people how to become wealthy for years. I’m sure you are aware of my PIPS Property Investment home study course.

Now, for the first time, I’ve gone way beyond the home-study course to create the UK’s first, fast-track Property Millionaire Programme.

Everything that an aspiring property millionaire needs to become wealthy, really wealthy, is packed into this dynamic program…

The Eight Elements Of The Fast-Track Property Millionaire Masterclass

Your Property Millionaires

Rod Thomas	Barry McDowall	Andy Garth

Already a PIPS Member? That’s great. We’ll deduct the cost of the PIPS course that you already have from the Masterclass Package. Just include the words “PIPS Member” in the promotional code box and the figures will be adjusted accordingly.

You know, when you want a huge result in your life, small timid steps don’t do it. You have to take massive action and propel yourself forwards with huge force. The Millionaire Masterclass programme will do exactly that. The programme is designed for the few people who are at the time in their life when they are fed up being fed up, determined to create a new future and develop the wealth and lifestyle that they want and deserve.

If that’s you, wonderful! Check out the Masterclass programme right now. There is very limited availability and the few places will be allocated quickly.

Ask me to describe the Millionaire Masterclass and here’s a few words I’d choose: Dynamic, Purposeful, Creative, Fact-Packed, Interactive. What really matters is what you take into the future… you will finish the Fast Track Property Millionaire program with the strategy, tactics, knowledge, support and determination that you need to become a highly successful Property Millionaire in the shortest possible time.

What’s that worth to you?

Millionaire Masterclass Attendance Details

• When – Saturday 24th November 2007.
• Time – 8.30am registration for a prompt 9.00am start. Finish 6.00pm
• Location – Croydon, Surrey (20 minutes from Victoria, London train station)

Don’t delay a moment – time is pressing and there are very few spaces available.

Any questions? Contact me direct by using the online contact form

I truly look forward to spending time with you and making a huge, positive, difference to your future.

Popularity: 15% [?]

US-An Overview

The United States of America, a federal republic comprising fifty states, is the fourth largest nation on this globe by area and the third largest nation by population. The country is located in the western hemisphere. Washington D.C, the capital district, lies in central North America. The U.S. is one of the world’s most ethnically and socially diverse nations, and is the blend of large-scale immigration from almost every corner of the globe. The US is also termed as “Superpower” and forms an integral part of almost every major world forum like G-8, NATO as well as the United nations. The US has been entangled with many nations at warfront for various reasons and saw debacle in the form of 11 September which saw towering World Trade Centre crumbling down.

US at Economic Front

Read the full story

Popularity: 12% [?]