No voids, guaranteed paying tenants - how? BTL Prisons!
Welcome to this edition of your PRO newsletter. It's true, there's a chance you can rule out void periods completely and get guaranteed paying tenants. The how is certainly interesting! But more on that later...
We at Property Secrets have been taking a close look at a number of potential new investment hotspots - and some not so new but on the up again. Our Forums have been busier than ever so I'll review the hottest topics being discussed and yes, we have our first investment opportunity of 2007 - I believe it to be a really fantastic one to get us started in a market that is almost certainly set to offer massive returns on investment.
There's a whole lot more to cover as well, including Chris Browne's latest Property Matters column. Let's get to it.
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This Week's Articles | On The Forums
Investment News | Website News | Event News
Property MattersA landlord's personal view on the market
Exclusive Property Secrets PRO members
Hands up if you're not hands on!"Are you the fastest painter in the West? Do you size up the smartest drills and electronic sanders at DIY stores? Are you first on the spot at the merest hint of a drip? If you can answer yes to all those youre the main man (or woman) for 2007."
Click here to read more...
We start this week with news from our Czech Republic partners, which backs our view that the capital is entering a new phase of turbo-charged price growth. But some areas are beating others hands down...here are the numbers and where we think the boom areas will be in 2007. Take a look at our Market Czech to discover the real investment hotspots.
David Lawrenson proves that not only fools and horses think Peckham's on the up! The Peckham and Nunhead areas are undergoing the kind of regeneration that puts them firmly on the investor's map...you can find out more by reading the full article.
For those of you who didn't know, REITS launched in the UK on January 1 but the question is are they right for you?. Do you even know what they are? Check out our article to see if they should be part of your investment portfolio.
Tony Booth, in the first of two articles this week, tells us how a landlord can put up rents without involving a middle man - i.e. without using an agent! - and save a small fortune on fees. His piece, Cutting out the middle man explains that increasing the rent of a tenancy at the right time and in the right way is vital yearly task for all landlords. Read more here...
So...what was that about no voids and guaranteed tenants then? Well, Tony's second article looks at the possibility of buy to let prisons - yes, prisons! It's best I just give you a short extract from the article than try to explain it further in this newsletter I think!
"The latest scheme being proposed could see the public being invited to invest in new prisons on a buy-to-let basis, with the Government paying rent to shareholders, writes Tony Booth.
Doing porridge!It sounds extraordinary - but the proposal is now being considered by officials as a possible means of financing much needed new detention cells...
...The proposal being considered is for members of the public to purchase shares in a new-style property company, which would then build prisons and rent the 4,000 new cells needed back to the Government via private operators."
Incredible, isn't it, but it does offer a whole new avenue for investors to consider. Read the rest here...
Property Secrets PRO members can read reaction from industry experts and experienced investors to many of our articles on the Property Secrets Discussion Forums.
Exclusive to PRO members, the Property Secrets Discussion Forums are a great place to chat with like-minded investors and get advice and opinion on property issues, including where to buy, what to buy, taxation, finance and property management.
Interesting topics this week have included:
- Could I Run Ideas Past Experienced Developers/btletters Please?? - posted by Sarah
You can't get a more straightforward request than that! Sarah is looking for advice on what to do with some properties she has recently acquired. She - and we! - would be grateful to any of our members who can give her a helping hand.
- Pitfalls Of Letting A Flat Without Telling Mortgage Company - posted by Dan
Dan has a very interesting question as he plans to move abroad and let his London property out - what are the issues involved?
- residenz constanta - posted by minsk
This is a prime example of how useful our Forums can be to those of you interested in our investment opportunities. minsk asks about one of the forecasts in our Investment Report and our Purchase Support Manager Martin Grainger has the answer. Simple!
R E S I D E N Z C O N S T A N T A Constanta, Romania » Low prices starting from 51,504 euro
» 25% expected price increase in Residenz Constanta in just 6 months
» Estimated Return on Investment between 332% and 525% | 
Click here to view the Investment Report |
Property Secrets has sourced this unique opportunity to invest in a development located in a prime location within Constanta, one of Romania's most promising 2nd tier cities and Europe's fourth largest port. Property Secrets have obtained a 5% discount of the developer's list price and we expect a potential 25% increase in prices in THE FIRST SIX MONTHS.
Residenz Constanta comprises a residential mix, totalling 648 apartments and 136 villas and is located just 4km from the city centre, minutes from the beach and within easy reach of a number of high quality amenities. It is the first development of its kind in Constanta and will benefit from high demand. Transport to the city centre is provided by bus and travelling by car is even quicker via Tomis Boulevard.
Constanta is the holiday and entertainment capital of Romania, with some 10 main beach resorts are located to the south of Constanta along the Black Sea coast while Mamaia, the main resort, lies a few kilometres north of the city. Constanta is the main gate to the Black Sea and the Danube and is strategically located with excellent transport links via sea, river (Danube), rail, road and air. The city is an important centre of foreign trade with the Constanta-South Free Zone and Basarbi Free Zone enabling the growth of industry and business in the Harbour Area.
You can find out more about Residenz Constanta by clicking here...
The update to report this week is yet another improvement to the Forums.
PRO members with access can now view snippets of all replies to a particular post within a topic and navigate between posts with the handy "Next" and "Prev" buttons at the top of the current post they are reading! A small change, but one which makes the Forums just that little bit easier to use.
More, as always, to come over the next few weeks and months.
We're pleased to say that our first Investors Evening on Wednesday 24th January is now fully booked and we're looking forward to meeting you all in London.
For those who missed out this time round, don't worry. We have further Evenings planned for February 15th in Birmingham and March 2nd in London, the latter based around the Homebuyer's Show at ExCeL, which we will be attending - more news on both the Investor Evenings and the exhibition as we get closer to them.
That's it for this week, I hope you enjoyed this newsletter. If you have any questions, queries or suggestions please drop me a line at: service@propertysecrets.net
I look forward to hearing from you.
Happy investing!
Cheers
Chief Executive Officer
Property Secrets
ES