Hi [name],

It's been a while since I last fronted our newsletter so wanted to let those of you who haven't received numerous emails and calls from me that I am still alive and well. This week I have a general update from myself on CEE Property, include a great article with Two Free Copies of the popular Your Property Network Magazine and round off with brand new UK Deals from Alan Forsyth who also gives you the last remaining Spring dates available for our popular One-to-One Investment Strategy Consultations.

Check out the return of our Property Forum here

Daniel Peacock - Polish Property Selling Well

Those of us UK based citizens might have enjoyed the Mediterranean like weather we had over the weekend but one day in the garden and two sleepless nights with sunburn after, I for one am happy to see a bit of cloud and get myself well and truly safe from the elements behind my desk here at secrets towers.

Over the last couple of weeks I’ve been reviewing the markets in Central & Eastern Europe with pretty surprising results which has certainly raised the eyebrows of those investors in Poland especially. Prices holding firm in towns like Krakow & Warsaw have seen a wave of interested resellers as we begin to offer our free valuation service in all the countries that our clients have invested in.

With capital growth in Czech Republic, Romania and Bulgaria not so apparant right now, we aim to offer an ongoing service with our management teams on the ground until these markets pick up but are still more than willing to value property on a continual basis without charge.

In Bratislava, we have seen some impressive returns at one or two of our developments with resales over €1800 per m2 (inc parking) already achieved by our sales teams.

If you want a valuation on your property, please get in touch, if you have any problems or queries with your overseas investment then likewise! You can call and speak to me direct on my office number 0115 9853963 or email investments@propertysecrets.net

Nigel Fitzakerley – I could have been working behind the counter of a fish & chip shop!

So I began purchasing properties, doing the normal buy, renovate and let and carefully crafted a small but profitable buy to let portfolio.  Then it all changed in 2007, a solicitor suggested I should start advertising for properties, where I’d purchase them quickly at a discount, re-finance them as soon as possible and cash-flow the finance to build my business.  Well it was at the height of the credit boom, you could walk into a bank and they’d chuck a mortgage at you – so I thought why not?  Let’s go with it, get the finance and grow rapidly.  So in February 2007, my brother gave up his job to start finding properties, renovating them and re-financing them as quickly as possible.

We purchased 5 properties in April, 6 in May and by October we were purchasing 30 properties a month – nothing could stop us.  We were cash-flowing serious amounts of money, creating a big portfolio and really living a buy to let dream. Or were we?

You know what – I’m an accountant by trade and really numbers is my game.  I regularly spoke to my business partners and discussed this crazy situation.  A £15m property portfolio, built in twelve months, £10m of which from one lender and no bank manager wanted to meet me?  I could have been working behind the counter of a fish and chip shop for the all they knew, spending my money on flash cars and expensive women.  It all had to go wrong sometime – well it did in early in 2008....

Read more of Nigel’s story in this months Your Property Network Magazine – For a free copy of the June Edition, click here

Alan Forsyth – Latest New Deals

Hi

Hope you are well!

We had a fantastic day on Saturday at the Sourcing Masterclass, look out for more information and photos very soon!

Our sourcers are amongst the most experienced in the UK, and we have some excellent deals due in this week including:

4 tenanted almost new apartments in Scotland

25% discounted 2 & 3 bed houses in Wales & England

With 3 new buy to let lenders coming out over the last few weeks, lenders are clearly showing they have more and more confidence in the UK property market.

Could this be the last 6 months of huge discounts?

Those who pre register for our deals will see them today – if you are keen to receive more information on these new deals including pre-tenanted properties, register here for more of this weeks deals and they will be emailed straight out! Just fill out your details here and enter the location or property type that you are interested in. 

High Net Worth Investors:

We also get some excellent deals that would suit those looking for high yielding cash buys - this particuarly suits those that have over £50,000 to invest in the UK market, and are looking for yields of over 9%.

Recent examples of deals we have sourced include a freehold block of 8 apartments, tenanted at gross rent at £36,000 for around £360,000 - a 10% yield - with commercial finance available - although 2 clients paid cash for the strong cashflow - if you would be keen on deals such as this in the UK, requiring around £50,000 or more - please register here, giving us further details on what funds you have available, and any other particular areas of interest.

Fancy a free one to one consultation to help you achieve your goals?

We are almost half way through 2010, are you on track with your goals? If you wanted 10 houses, have you completed on 5? Have you secured the equity or cashflow you wanted at this stage of the year?

Many of you are strongly motivated just now, with one of our portfolio managers meeting 7 clients in London yesterday, and us having busy schedules seeing investors over the next few dates, see below:

• Thursday 27^th May 2010 – Leeds
• Friday 28^th May 2010 – Leeds
• Wednesday 2^nd June 2010 – Birmingham

To find out more about what we can cover on a free One-to-One Consultation click here

To speak to one of our Portfolio Managers to discuss your options and strategy, or to find out more about our brand new deals call us on 0115 9853963.

Best Regards

Alan.

PS, remember our new deals coming out today, if you have not yet pre registered to receive regular new deals from us, fill out your details here and we will send you them immediately!