Sunday 31 May 2009

“How to run a Property Business in less than 4-hours per week”

The next event is to take place at;

The Holiday Inn, Wakefield WF5 9BE.
Monday 8th June, 7pm start. £10 entry fee.

Discussions and speakers this week are;

Paul Galbraith: "How to profit from DSS tenants continued".....And

Matthew Moody: "How to run a Property Business in less than 4-hours per week".


Paul has agreed to return this week to enlighten and entertain us with additional information about his DSS strategy.

Paul is a well known and well respected member and contributor of many property discussion forums and guest speaker who specialises in DSS tenants.He is based in Leeds and began buying and refurbishing property without using any of his own money while still at University, without telling his parents and without his own transport. Still only in his mid twenties and with a substantial property portfolio, he maximises his profts by using DSS tenants. He has developed a proven strategy that works.

Matthew is an expert in systematizing his business. The majority of his portfolio are HMO’s and this meant that the management time involved is higher than single lets. Because he grew his portfolio very quickly, he needed to put in place processes and systems to ensure that he could manage his business in the most efficient and effective manner.
This talk highlights some of Matthew’s experiences in a straight-to-the-point 45 minute presentation on:

· The myths about running a property business
· How to systematize a process from beginning to end
· How to work “on” your business but not “in” your business
· The truths about outsourcing
· The bigger picture and how this is important in your business.

Matthew is a full-time professional property investor and entrepreneur. Matthew (34) lives with his wife Rebecca, and children Callum and Amelia in Northamptonshire. Passionate about property, business and marketing, he is always keen to dispel the myths of property investing, tell it like it is and stir up a bit of controversy.
With over 15 years corporate experience at senior management levels, Matthew started investing in property in 2004 and quickly built a multi-million pound portfolio generating significant cashflow.His strategy has always been focused on high-end professional houseshares where net cashflow of £500-£1,000 per house per month is achievable by anybody – provided they use the right tools and techniques to manage their properties.
Matthew has become the foremost expert on professional multi-lets (or HMO as they are known in the industry) with appearances on BBC2, Asian Star Radio and many speaking engagements. He hosts a blog where you can find out much more information about HMO’s at http://www.yourhmoexpert.com/
He is the author of the best-selling “HMO Survival Guide – Thriving In The Credit Crunch” http://www.hmosurvivalguide.com/ and also runs a one-day HMO workshop http://www.hmocashflowsuccesssystem.com/

In conjunction with the Yorkshire Property Network, Matthew has arranged to host a HMO Masterclass in the afternoon prior to the event.
Spend three hours with Matthew and he'll show you:

· How to correctly identify the demand for HMO's in your area
· Which houses are the best properties to go after - and which should you avoid
· How to maximise your rental revenue per house
· How to get your property ready for tenants
· How to set up basic systems to manage the property in less than 2 hours per week
· How to make £500+ pcm from each HMO you control Matthew will take you through his 90-Day Fast Start Programme in detail - and you'll get:

· A FREE printed copy of his acclaimed "HMO Survival Guide: Thriving In The Credit Crunch".
· Refreshments and a nice buffet tea at the end.
· Free entry into the Yorkshire Property Network event in the evening

For more information and to book your place at Matthews HMO Masterclass, please go to http://www.eventbrite.com/event/353178366/andrewwakefield

Tuesday 19 May 2009

Polemi Vines, Cyprus

Off plan investment offer

Deposit required 30%
Alpha Bank Mortgage 70% LTV
Loan duration, 40 years or until client age of 70 yrs.
CHF (Swiss francs) available on a first come first served basis @ 4.41%


30% CLIENT CONTRIBUTION
2000 Euro reservation – non refundable
20% (less reservation) 30 days from contract
10% either 6months from contract interest free
Or 4 interest free instalments until completion
Or 12 months from contract plus 7% interest.


70% ALPHA BANK MORTGAGE
2yrs or until completion, grace period (payment holiday) Interest and capital capitalized.
Followed by:
3yrs interest only payment on 65% of the loan value. This means that the other 35% interest is capitalized, along with all of the capital repayments for this period, reducing the loan repayments considerably.
Followed by:
5yrs capital and interest (normal repayment)
Followed by:
Final term - capital and interest, plus all capitalized payments.

The 65% interest only option is excellent for investors as it will mean that for the 3 year guaranteed rental period at Polemi Vines we will pay you 6% per annum of 100% of the cost price, and the bank will only charge you 4.41% of 65% of the 70% loan which equates to only 45.5% of the cost price.


Example
Cost price €200,000
Deposit 30% € 60,000
Loan €140,000


Expenses
24 months No payments
36 months 65% interest only = €140,000 X 65%
€91,000 @ 4.41% (current CHF loan rate)
€ 4,013 interest per annum
Income
24 months No income

36 months guaranteed rental income @ 6% of cost price per annum
€200,000 x 6%
€12,000 per annum


Additional benefits
All rental costs paid i.e communal charge, electricity, change over’s, advertising etc.
Excluding building and content insurance approx €500 per annum and local authority tax’s approx €170 per annum


Annual income summary

Income €12,000
Expenses € 4,013 + €500 + €170 = €4,683
Balance €7,313



ADDITIONAL KEY BENEFITS
Reduced Legal fees
Six weeks owners use per annum.

Turn Key comprehensive premium property equipment package for rental –optional, prepaid and financed.
Pafilia has selected the site of Polemi Vines and is confident in its high rental potential
Pafilia has many years of experience in rental management
Pafilia has been creating successful property investments for its clients for 4 decades
Pafilia is a market leader, a visionary and pioneering company


To arrange a low cost viewing trip to see this and many other Pafilia developments, or to request additional information and brochures, please contact;

Andrew Wakefield

Tel 07708473852
Andrew@vantageinvestmentproperty.co.uk