A beginner in property investing, who's the best to use?

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mgy496

Posts: 1
Joined: 12/10/2006

A beginner in property investing, w...

Hi.

I have decided to start investing in property but don't know who to speak to, there seems to be so many companies offering all kinds of amazing opportunities but who offers the best value for money and service?

Report Abuse | Date 12/10/2006 9:35:19 AM

P.Pilcher

Posts: 112
Joined: 25/7/2003

RE: A beginner in property investin... (in reply to mgy496)

The principle of investing in property is simple: you either buy a property, do it up and sell it at a profit, or you buy a property, rent it out and use the rental income to 'service' the cost of the loan and hopefully there will be a bit left over for you. Over time the property should increase in value which will also give you (and the government) some change when you sell.
The difficult thing is doing the necessary work and research to enable this to happen and many busy people, like you, do not have the time to do the necessary researh, read the necessary books or burn the necessary shoe leather. This is where these 'property companies' come in who claim to do it for you! Remember that they are in it for one thing and one thing only and that is to make their money as soon as they can. You making money as well is of secondary importance to them! So if you really want to sensibly make money out of property, do some research and on the basis of this acquire a property to do what I have described, or, do some research and set up your own property company to make money out of those who haven't the time to do their own research!!

P.P.

Report Abuse | Date 13/10/2006 11:04:28 AM

Carl Henry

Posts: 2
Joined: 3/8/2006
From: International

RE: A beginner in property investin... (in reply to mgy496)

Hi ,

I have tried to PM & email you.

cheers!

Carl Henry

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Report Abuse | Date 14/10/2006 10:01:10 PM

chrisbell

Posts: 37
Joined: 4/6/2006

RE: A beginner in property investin... (in reply to mgy496)

Yes, as PP suggests, you need to do plenty of research on how to do it yourself or if you decide to use a property investment company you need to do research to find a reputable company. They can all spin a good story but what are the actual results of their recommendations - have people invested and then found they can't sell at the 'value' claimed, or can't get tenants at the rents claimed. Whatever investment you plan to make get independent advice.

Chris

< Message edited by Admin -- 9/11/2007 1:48:04 PM >

Report Abuse | Date 19/11/2006 10:39:50 AM

jib27

Posts: 3
Joined: 22/2/2007

RE: A beginner in property investin... (in reply to mgy496)

I've been a bit of a course junkie.

I've been on Whitney, Inside Track and Glenn Armstrong's course too name just a few.

I think getting a good education is a good idea, property is an attractive investment but mistakes can be very costly with the sums involved.

I had a strategy for buying off plan and bought 5 (Inside Track). Thi needs a lot of capital and research to get right.

I've now bought 5 using Glenn Armstrong's strategy which suits me much better as I can buy no money down, get instant cash back and positive cashflow which I didn't think was possible.

< Message edited by Admin -- 9/11/2007 1:48:15 PM >

Report Abuse | Date 24/2/2007 10:01:07 PM

prolan

Posts: 5
Joined: 21/2/2007

RE: A beginner in property investin... (in reply to mgy496)

Completely agree with PP.

Like in most things...research and knowledge get you an advantage ==> and no I don't think there is a substitute to doing your own research.

As for the various options of making money: there is also property development itself, which I think gets you the highest returns.

After months of research we have now finally come up with great investment opportunities in property developments in Morocco.

We are in the process of securing land in Marrakech, on the Atlantic coast and on the coast in Northern Morocco. We are now looking for TIER 1 investment to start the property developments. Returns are very attractive between 180% and 200% over a three year period.

We can of course also cater for people who want us to build their dream villa on one of our developments.

or contact us at: info@prolan-invest.com

Kind regards,

< Message edited by Admin -- 9/11/2007 1:48:53 PM >

Report Abuse | Date 14/5/2007 10:49:26 AM

bluetop

Posts: 11
Joined: 4/1/2007

RE: A beginner in property investin... (in reply to mgy496)

Hello mgy496

It is a mine field out there and ultimately you can spend a lot of time on courses, learning from others' mistakes and successes and doing the research yourself. Ultimately though, it will come down to you and making that first tentative step. You can go it alone, stick your finger in the air and hope for the best or get on a train and spend time 'doing the legwork' and research the best towns and the best streets and ultimately the best letting agents.

Here's the pitch: We are based in the North East of England and specialise in the south east Northumberland and Newcastle upon Tyne areas. We know the good towns and the good streets in these towns. We also know the numbers stack up on our deals because we only recommend places where we ourselves invest. We also provide you with a complete service: we find you your property; find you a good tenant and then manage your property for you. We're not expensive either. Our standard fee is £750 to find you a property and you pay nothing until completion so your money is completely safe until you have the keys to the property.

and if you like what you see, sign up for our free updates by sending an email to info@investinbuytolet.co.uk

< Message edited by Admin -- 9/11/2007 1:49:31 PM >

Report Abuse | Date 22/5/2007 4:42:16 PM

W451m

Posts: 2
Joined: 1/6/2007

RE: A beginner in property investin... (in reply to mgy496)

Hi

Ive been on a few and spoken to alot of people who have been on courses as well.

I recently went for Property Mentor<<<<link

They run a 2 hour taster session so you get a feel for the main seminar if you are not sure whether it is something you want to go for.

With these what i liked the best was that they DO NOT force you to buy any property, in fact they DO NOT sell property at all. They Just educate you and give you the software to help you structure your own no money down deals/minus money down deals. They also offer you support via their Web Forum and have monthly FREE get togethers once you have been to the 2 day seminar.

Using there system i have already purchased 3 Apartments, with a further 6 targetted before xmas this year.

< Message edited by W451m -- 1/6/2007 12:33:23 PM >

Report Abuse | Date 1/6/2007 12:32:33 PM

paul99

Posts: 29
Joined: 20/5/2007

RE: A beginner in property investin... (in reply to mgy496)

Hello, I've just answered a similar question, so I'll suggest the same to you...

Have you had a look at Inside Track ?

We produce a free newsletter with hints and tips on the current market, and we also hold regular workshops accross the country - These are free to attend and there's no obligation whatsoever to take anything further. They serve as a general overview of the industry and offer all sorts of useful nuggets of info - best of all is the opportunity to chat to experienced investors who have already made a success from property, you can't beat one-to-ones for those little gems of knowledge and the real lowdown on the current market.

We have also recently launched an online Info Center, containing all sorts of advice and guidelines for new investors.

< Message edited by Admin -- 9/11/2007 1:49:50 PM >

Report Abuse | Date 13/6/2007 4:38:04 PM

dcostell1234

Posts: 1
Joined: 14/6/2007

RE: A beginner in property investin... (in reply to mgy496)

I run a company called propertyinvestments.ie. We work solely on behalf of the investor. Check out our website, we have a new service called PropertySelect that I think will be useful to you as a first time investor

Report Abuse | Date 14/6/2007 12:51:37 AM

leejo

Posts: 6

RE: A beginner in property investin... (in reply to mgy496)

Hi ,
I believe you need to get a good grounding by reading first.

A quick browse of this forum will give you many answers but also a good book to read is invaluable (and sometimes quicker)
I can really recommend a book by Carlton Johnson called UK Propety Sucess

He offers a free 5 part property course and you can get to read his first chapter free

Good luck with your new career!!

< Message edited by Admin -- 9/11/2007 1:50:09 PM >

Report Abuse | Date 8/10/2007 5:22:20 PM

bluetop

Posts: 11
Joined: 4/1/2007

RE: A beginner in property investin... (in reply to mgy496)

I would be more than happy to talk to you if you were considering investing in the North East of England. We specialise in south east Northumberland and Newcastle upon Tyne andyou can draw on our experience and local market knowledge.

We will not only source you a good remntal property but find you tenants and manage the property for you. Our fees are very competitive.

Drop us a line info@investinbuytolet.co.uk

< Message edited by Admin -- 9/11/2007 1:51:10 PM >

Report Abuse | Date 23/10/2007 8:08:18 PM

cakys

Posts: 8
Joined: 8/11/2007

RE: A beginner in property investin... (in reply to mgy496)

Hi there

If you want properties with good and safe yields to meet your mortgages, give me a call

Chris 02075 86 56 96

I have a number of good portfolios for sale with 7% yields, and discounts off the market value, fully furnished to executive level and parking included. All in city centre locatiosn and also next to regeneration areas and hoptspots.

i only have 4 portfolios left, as some have already been sold.

interested?

Report Abuse | Date 8/11/2007 6:56:29 PM

ScottishAl

Posts: 3
Joined: 25/2/2008

RE: A beginner in property investin... (in reply to mgy496)

Hello mate,

I started using a company 6 months ago who so far have been very impressive. Freedom Investment Property.
I've taken on a couple of properties through them and all has been great,

Good luck in your hunt.

Report Abuse | Date 25/2/2008 1:18:45 PM

huntd

Posts: 6
Joined: 31/1/2007

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Report Abuse | Date 6/5/2008 3:24:12 PM

metastu

Posts: 2
Joined: 29/4/2008

RE: A beginner in property investin... (in reply to mgy496)

As a starter in property investment it can be a very hard and energy draining event to buy the first investment. You might either get very lucky first hand, spend the necessary time researching and managing your investment meticulously, make too many bad decisions and wish the whole thing never happened or use a company to help you. Of course the first two events would be ideal but that all important first step is critical for the future. I used a company to help me and I learned so much about buying investment property. Using a company can definitely help you on your way to building a portfolio.

Good luck!

< Message edited by Admin -- 17/6/2008 8:29:57 AM >

Report Abuse | Date 5/6/2008 12:20:18 PM

lenna Gomes

Posts: 2
Joined: 17/6/2008

RE: A beginner in property investin... (in reply to mgy496)

why not you start investing from india ?This time Omax launched their new project Royal residency inludhiana.

Investing in real estate in India is one of the most worthy things that NRIs follow.The ROI is more than 15%. Real estate in India is elevating high with people reaping profits from this sector. Since past 2-3 years, real estate has reached new highs with around 100 % to even 600% increase in the rates of both commercial and residential sector. Apt for NRIs, Royal Residency in Ludhiana by Omaxe is meant for those selective few, who have an ultra luxurious taste. Please fill in the form at http://www.omaxerr.com to know about pricing and loans

just take a look herehttp://www.omaxerr.com

Report Abuse | Date 17/6/2008 1:07:08 PM

Donaa Francis

Posts: 5
Joined: 24/6/2008

RE: A beginner in property investin... (in reply to mgy496)

Hi Ienna,

India sounds like a happening place. The economy is booming, the people are friendly, outgoing and look into a hopeful future. And they speak English!!!

I also want to buy property in India. But I still have to check the regulations for foreigners. I think that Europe is heading for great stagnation with no further development.

My two pence.

Donna

< Message edited by Admin -- 24/6/2008 3:24:58 PM >

Report Abuse | Date 24/6/2008 2:45:38 PM

roydonmill

Posts: 6
Joined: 10/11/2008

RE: A beginner in property investin... (in reply to mgy496)

I have been reading some of the posts and would like to bring to every one's notice that there is a fantastic investment opportunity out there,

ROYDON MILL ESTATE is able to guaranteed a 13% yeild on your property investment.

the scheme is called "BUY ALREADY LET" so no chasing the tennant, no problem tennants as the Estate staff take care of the whole thing, you invest and get a guaranteed return of 7% net afetr all management costs.

want to know more???

Attachment (1)

Report Abuse | Date 10/11/2008 6:11:15 PM

tylerbabe

Posts: 6
Joined: 4/3/2008

RE: A beginner in property investin... (in reply to mgy496)

Great investment £300 per week summer rental click below

www.turkishpropertyowners.co.uk/propertysales/sandy/sandy.asp

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Report Abuse | Date 20/11/2008 10:13:05 AM