Property and Finance Blog

Given the choice, we’d all use other people’s funds to invest

Or do No Deposit Down Deals

And generate income Now as well as building assets for the future
But the reality in Property used to be that you’d only make
serious income if you bought and waited for growth
So if you’re new to Property, or you have ever bought Property
using a deposit or funds, or thought you needed funds…

then it is vital you watch this video Now:

http://progproperty.infusionsoft.com/go/CFB/a270

My good friend Rob Moore of Progressive Property [Over 250 Properties,
2 Best Selling Property Books, vast TV & media coverage]…
Is opening up his *now closed* Property Cashflow
Membership site, normally GBP600 per year
for the next 72 hours only

Here’s the deal:

1. This is not auto-billing:
You won’t get asked for card deals
The site will be totally opened up for you for 28 days

2. There are 77 ways to generate Property Income inside
And over 150 hours of video & audio content

3. The video below actually goes into the site & Rob
Shows you all these tools, tricks & strategies for income

http://progproperty.infusionsoft.com/go/CFB/a270

The video will play automatically & you’ll get valuable info
Before you need to leave any details – there is no sale

Enjoy

P.S: 77 income strategies for 3k – 10k
cpm income in Property the new way

http://progproperty.infusionsoft.com/go/CFB/a27

The first One here is  for the lease option book I know I have posted this before but its an important document
If you thought you knew about lease options, I promise what you¹ll discover
in this free manual will STUN you:

https://bluetree.infusionsoft.com/go/lops/bard

It¹s called 5 Lease Option PowerPlays – and ALL the UKs leading Property
Investors are talking about it!

Be sure to download your copy now before this website is taken down.
https://bluetree.infusionsoft.com/go/lops/bard
Best Regards,

Barry Danser

P.S. This manual has been created by THREE of the UKs most well-respected
property experts, go to https://bluetree.infusionsoft.com/go/lops/bard now to find out who they are and what they
know about lease options (that even the gurus don¹t!

I am often asked about the power of networking and where can I meet the best property people? The simplest and best way is to get out there and start networking. I have made networking an integral part of my business and many other successful property people do too because they know it works. There is only one place I know of where I will see more property experts and property people every month ….

Just over two years ago a couple from Berkshire had a gathering in a pub for a few ‘local’ investors. With a little help from their friends the first one attracted 50 people. Since then it has grown into a phenomenon!  The Berkshire Property Meet defied the credit crunch and doubled in size in 2008. Last month they had to hold THREE evenings because demand was so high.

One thing is certain – Juswant & Sylvia Rai are totally committed to the success of everyone that attends and it shows in the quality of people that turn up and their willingness to help.

It is also the only place where I will see Rob Moore, Mark Homer, Richard Shepherd, Vanish Patel, Simon Zutshi, John Lee, Vincent Wong, Paul Galbraith, Ant Lyons, Phil Martin & Jim Haliburton in one place – all mixing with 250 other property experts, professionals and novices every month who come from London, Portsmouth, Birmingham, Manchester, Aberdeen and even Toronto.

Start 2010 the way you mean to go on and do come over and say hi to me and my team. We look forward to meeting you there.

Register and book NOW for Jan 2010.

http://www.berkshirepropertymeet.com

Options

This is a great way to get numbers to work when they dont! (BTL that is with
slightly negative cash flow)
Its a great way to get buyers to buy before they are to qualify for a mortgage
(e.g. Buyer with money but new to the UK)

Properties that are for sale and don’t stack can easily be bought on a lease
option for little or no money
Then under better marketing and management rent to a motivated buyer who
has an option to buy it later.

Remember though you will need leads from both sides of the fence.
You need to  find property and you need to have buyers on a rent to own basis
so that you can work on the famous sandwich option  principle.

Sandwich Options

It means you are the meat in the sandwich!
You sit in the middle arranging the vendor and the buyer.
When you have them in place you have a nice deal where you promised to
pay the mortgage and rent out to the buyer.
The buyer pays you a premium e.g. £10,000.00 and  you ask him to overpay some rent
on the basis that they will use some of that overpayment towards the profit.

How Long?

That’s entirely up to you and of course the Vendor. If they are not motivated
to sell short term because they want a better price then you know you can get them to wait longer.So anything from 3
to 15 years is possible.

Profile
How long and who with are also part of the profiles that you need to recognize
when you speak to either side.

Vendor: Should not be in financial trouble and should not be arguing about a
longer term arrangement.
Ideally the vendor just needs the pain of the house or flat removed because
they have to leave the country or generally need to be relocated.

Other scenarios may include:

Divorce but settlement needs to be made later
Financial constraint: Means its easier for the Vendor to allow you to take over the property as its a drain on
his or hers current other commitments e.g. he or she may have moved into a flat
with another person and may want to hold on to the house for their own reasons or security.

Their are dozens of other profiles and I’ll try to cover others in future blogs

The Key

A vendor or a buyer must not be in financial trouble, constraints yes but if
they are about to be repossessed or be made personally bankruptthen don’t take
the option.

You need financial knowledge of both the buyer and the seller must be in good
or fair financial condition.
Taking charge or people on either side who have money issues may well backfire
on you.

Legal advice

Its the vendor who must be sent away  to be advised independently as well . The
buyer should be advised but its not as critical.
Always remember that when an option is taken and it backfires because the
vendor is not aware of an issue it will be your fault.

Why ?because you will be seen as the wheeler dealer not anybody else. So as a
so called expert its up to you make sure your deals are secure.

Your deals are dependent on the vendor and if they don’t take the independent
advice its a loophole for them to be able to retract from the deal.

Leaving you with an angry tenant buyer.

So due diligence is just as important with a lease option as it is for a normal
purchase

Barry Danser

http://www.barrydanser.com

http://www.rentrescue.co.uk

Property Giants
10-12 July 2009
Hilton Metropole Hotel Edgware Road London
PROPERTY GIANTS – AMAZING OFFER FOR BARRY DANSER CUSTOMERS

Property Giants event organiser, Steve Foley is suffering from sunstroke & we didn’t like to take advantage but couldn’t resist & have persuaded him to allow the first 20 of my best customers into the ‘Event of the Year’ – absolutely F.R.E.E
Be Quick – it will be a bunfight
Send Steve an e-mail at steve@econfex.com with ‘PROPERTY GIANTS – BARRY DANSER SENT ME’ in the subject line.
Good luck, and if you don’t make the first 20, it’s still a steal at only £127 for two and a half days, full refreshments and lunches, and the “Meet the Mentors” dinner on Saturday night!
It promises to be the property event of the year: 12 months networking in two and a half days!

http://www.propertygiants.co.uk

Check it out now – you MUST be there
Keep it Real – Estate
Barry

http://www.propertygiants.co.uk