Free Article HomeSubmit Article l Contact Us


Property Investing Is Now Easier Than Ever! 
I started investing in property in 1996 with only £500 and now I own a property portfolio of 150 properties worth over £10m. I can already hear you – “it was easier back then!” Ironically it wasn’t.

Let me explain a little more. The buy to let mortgage had just emerged when I first started with only a few banks offering such a product. The banks that did offer such a mortgage were unsure, as this was a new territory for them so they used to knock back a lot of properties that I wanted to buy. It was only really in 2001 that the banks got to grips with the buy to let mortgage and hence I was really able to expand my portfolio of 10 properties to now 150 properties simply by investing in hotspots.

It makes me laugh when I read in the press that buy to let is dead. Well of course it is in most areas! But in some areas it is still waiting to boom. These areas I call hotspots. In 2004 alone I bought 50 properties. I bought in Hull, Stoke on Trent and Grimsby. These properties are no longer hotspots, as they are too expensive now. I’ve experienced 100%+ capital growth in 1 year which is well received but halts my buying sprees.

I intend to buy 100 properties this year EVEN though all the so-called property experts are saying we are heading for a crash. Therefore I am always looking for new hotspots in the UK.

At the beginning of this year, 2005, I bought a property for £3,000 and another property for £9,000. And yes, they were in the UK.

What if I told you I bought these properties without my money – would you believe me? Well its true. I bought it with the bank’s money not mine. They even paid my legal costs! I did not put one bit of my savings to acquire these properties.

I am sure you are aware that the loans and mortgages market is an extremely competitive market out there. The banks are desperate to lend and it seems they’re not too fussy about your credit history either! You’ve seen the numerous ads on the TV and the newspapers promising you a decision in minutes and a cheque in days.

Now just imagine if you managed to get 10 or so of these properties. You would be looking at clearing around £2500 per month anywhere between years 1 to year 4. That’s £30,000 a year. I remember when I used to earn that working a professional Chartered Accountant for 50 hours a week. I now earn 10 times that working 5 hours a week!

The key to making money out of property is WHERE you invest:

* I don’t care about the national price index, as this is too general.

* I don’t care about Halifax or Nationwide’s regional analysis of property prices, as this is too general

* I don’t care what the property press think about where prices are heading

* I don’t care about so-called property hotspots that are going to double in value due to a train station being built in 8 years time

All I’m interested in are properties that make me money NOW. This means that after my borrowing costs there is some left over for me to spend. If the property grows in value then great but if it doesn’t then - So What? If I’m making money every month then the capital growth is just a bonus.

So what happens if the price goes down? Well again - So What? I’m not selling the property as the property makes me money every month. In fact if the price goes down I’ll just buy more!

Start with nothing - just like I did!

I'm sure you've all heard the only way to get rich is by using other people's money - and this is very true. Do not believe that if you work hard and pay for everything with your own blood, sweat and hard earned cash you'll get on. That way is the mugs way. You'll be working till you hit retirement age and probably beyond!

When I first started, no one had heard of me and I raised £500 in a day. Back then that was a lot of money to me. I used this £500 to make my first investment. After I caught the bug I started asking for more! I started to ask for £5,000 and more and most would say no but some would say yes! Okay, I had to pay it back, but with the investments I made I paid them back and made 20 times more. I'll show you how you can raise £000s easily and fast.

ONE THING YOU CAN BE SURE OF:

Property values rise in the LONG term.

So not in 1 month, 1 year or even 5 years. But over a period of 10 years or more. So if you are considering investing for a period of longer than 10 years you can be sure that your wealth will grow.

So how can you lock in certain capital growth?

Well you can’t! But you can make a damn good prediction that it will. Take those two properties I bought for £3,000 and £9,000.

How affordable are they? Do you think a first time buyer could afford to pay £3,000? I’m quite sure they could.

How attractive are they as investments? Do you think there are many investors seeking a yield of 100%? I’m quite sure there are.

So if I were to try and sell this property I would get interest from both first time buyers and investors. So what would each of them be willing to pay?

Well the first time buyer could afford 4 times salary – so this would equate to around £60,000.

The investor would be interested in the property if it yielded 10% so this equates to £30,000.

So I could safely say the property is worth anywhere between £30,000 and £60,000 at some point in time. I would reckon 3 to 4 years.

Notice I have not based the predicted price on HISTORICAL growth patterns, as they are IRRELEVANT. The past has nothing to do with the future when it comes to making investment decisions or predictions.

Author Info:

Ajay Ahuja is the owner of a buy-to-let portfolio of about 130 houses and flats spread across the UK. www.propertyhotspots.net www.buytolethotspots.com ajay@propertyhotspots.net

 
30 Most Recent Articles :
A Disputed New Business:Virtual Property Exchange

In many ways, the in-game economy is similar to a real world economy - goods and services are traded to mutual advantage and are mediated in currencies(gold,platinum,credit,etc.). An online broker, who goes by the screen name Rolala, was not a fan of online games until his 15-year-old son be[ Read Article]

THE UNITED STATES, A Terrorist Nation

I love the United States of America, but I cannot tolerate the UNITED STATES OF AMERICA. No I am not shouting at you, I am simply making a distinction, a difference that thirty-seven states of the union have noticed and moved to rectify. You see, AMERICA isn’t America anymore, nor does it in anyw[ Read Article]

Dollars and Sense

When I speak of the Federal Reserve and the fiat monetary system that controls our lives I feel as though my words are falling on deaf ears. I have the sense that the simplest conversations suggesting that change must be made invoke fear and condemnation from my fellow citizens. When will we tak[ Read Article]

Constitutionality

Is the 16th Amendment constitutional? Of course it is, the Supreme Court has made that as clear as it did the issue of slavery. But let us remember that it took the lives of more than 365,000 brave American men and the destruction of the Republic to wrest the matter from the courts and resolve the[ Read Article]

Five Secrets to Effective Pay-Per-Click Advertising

With so many companies swarming the World Wide Web with their products, how can you and your products and services stand out? Your ready answer would most likely be effective marketing. But how? How can you catch the eye of a surfer skimming carelessly through web pages? How can you keep the at[ Read Article]

How to Sell Bonds

If you want to make good money with banks, or any institution, Government and agency bonds are where it is at. Simply because all Government bonds and agencies are AAA rated, and banks can buy millions of dollars of any bond without incurring any credit risk. All banks own bonds of some sort, a[ Read Article]

Closing in the Car Business

The “P” Word. Closing is all about helping car customers make positive decisions. It is not about pressure or manipulation. Your customers need help overcoming the “P” word. Procrastination! Procrastination is natural when it comes to making a buying decision. Your customer is trying to avoid [ Read Article]

If You Build It They Will Come, or Will They?

All right, so you invested your time and energy to build your organization a great new web site, but you are not getting quite the results you were hoping for. Few customers are visiting or interacting with you and rarely do you get prospects to contact you through the site. So what can you do to [ Read Article]

Confessions of a Yoga Teacher

The following are questions that Yoga teachers still need to answer, despite overwhelming evidence that Yoga is ?the mother of all health maintenance systems.? Mainstream thought is finally catching up, with the progress Yoga is making, but it has taken 5,000 years for us to get this far. Serio[ Read Article]

Vertical Creep in Search Results :: Should Organic Optimizers be Concerned?

I thought for this week I’d give a summary of some of the more interesting Search Engine Strategies sessions which are currently going on in New York City. I was at SES as a speaker last year in New York and I have to say, there is a wealth of information there even if some of it is contradict[ Read Article]

How to build link popularity fast and free

We all knew that back link or link popularity is a big factor to get good position in any search engines. But building link popularity some times really hard if you don't know how to do it. One of the hardest problem for new webmasters is to get back link to their newly stablis[ Read Article]

Does Chiropractic Care Really Make Sense?

The Role of Chiropractic in Treatment Beyond the Resolution of Symptoms Do you have the same nagging injury that never seems to go away? Are you suffering needlessly with pain? Are you fed up with taking painkillers? Do you want to find out what is causing your pain? If your answer is ‘ye[ Read Article]

The Economic Implications of Buying Drugs Online

Although the Internet is fairly new (at least to the mainstream) online shopping has grown by leaps and bounds. Now you can buy almost anything you need, from food to fishing equipment, right through your computer. Of course, this has meant that commerce has been forced to adapt to the changing co[ Read Article]

Manning and Manning-Can Either Brother Win the Big One?

It was just over a year ago, after the Colts lost to the Pats in their post-season contest, that Boomer Esiason said on national television, "I think maybe Peyton (Manning) is this generation's Dan Marino." Esiason went on to state that Manning "is a great football player, but he's not going to get[ Read Article]

Branding, Branding, Branding - MSN fails to keep it Straight

Sometimes you see promotions come along and you wonder: did they just do that? The current MSN promotion called msnsearchandwin is a prime example of this. Not only do they use “black hat” or at least “questionable” tactics on the site, but the messaging is inconsistent. In this article [ Read Article]

The New MSN Search Interface :: A positive change or the antithesis of transformation?

Now, instead of wide blue bars there are sleek silver-grey bars. Also, the top bar where the search box is became narrower. To me this makes the page seem less “closed in” and more visually appealing. I now feel as if I can trust the results more because they have more room. I’ve also noti[ Read Article]

Malta Holidays

With Malta visitor numbers static in recent years and facing new competiton from former Eastern Bloc countries offering cheap holidays, the recent announcement by the Maltese government that negotiations were at an advanced stage with two low cost airlines has[ Read Article]

Drug Rehab Treatment Centers as an Experience, not a Punishment

Choosing a drug rehab treatment center is a decision that calls for both negative and positive emotions. Nobody wants addiction to overtake their life to the point that rehab is the necessary step. However, the decision to go to one is something to look forward to, as it is the decision to rebui[ Read Article]

Some ways to improve your king content

There are thousands of articles, books and forum posts which showed that content is king in search engine optimization (SEO). In this article, you can find some ways that can help you improve this king content for your web site. * Content for people first, not for search engines - Some webmaste[ Read Article]

Aerosmith Just Keeps On Rockin’

For over three decades, Aerosmith have been one of rock's most revered and popular bands, crafting classic songs full of raw guitar runs and intensely energetic vocals. The band first reached fame in the 1970’s with a string of hits including "Dream On," "Sweet Emotion" and "Walk This Way." During t[ Read Article]

Chicago Cubs Pitcher Mark Prior Re-signs

After many trips through the rumor mill, Mark Prior accepted the Chicago Cubs’ offer on January 27 to a one-year, $3.65 million contract. That is $900,000 more than the salary he would have earned under the contract he voided in November. Since Prior's definitive season in 2003 (18-6), he has cooled[ Read Article]

Social Networking - The Next Great Marketing Medium?

There has been a virtual explosion of social networking sites in the past couple of years. Even the big players like Google, Yahoo and MSN are getting into it. With so much interest in how social networks work, one begins to wonder if there is marketing potential within these social network[ Read Article]

How to choose paid directory for web site listing?

How to choose paid directory for web site listing? Search Engines are the major source of traffic for any website. High search engine ranking can boost number of your visitors and in turn leads to increase in sales. The best way to get top search engine placement is to improve link popularity [ Read Article]

Addiction Treatment Centers Using Experiential Therapies

Life is experience. Substance dependence overtakes a person’s ability to make her own decisions to experience life, and life is no longer actively participated in. Therefore, in overcoming addiction, it is vital to learn to re-experience life. This lesson helps a treatment center resident reint[ Read Article]

The DH: Making Life Tough for AL Pitchers

In 1973 Major League Baseball instituted three rules designed to lessen the power of pitchers and create more offense. One theory at work was that the game needed to be energized and that more hitting would create additional runs and excitement. Both the National and American Leagues lowered th[ Read Article]

Vacation on the Beach the Smart Way

Vacation on the Beach the Smart Way Almost everyone agrees; there is no more relaxing way to vacation than to take it to the beach. For the vacationer/traveler who hasn't considered a beach house rental before, they represent an affordable and fun family oriented alternative. There is an intell[ Read Article]

Malta Holidays and Hotels Buzzed by New Jets

With Malta visitor numbers static in recent years and facing new competiton from former Eastern Bloc countries offering cheap holidays, the recent announcement by the Maltese government that negotiations were at an advanced stage with two low cost airlines has sparked hopes that the island will see [ Read Article]

The Rising Cost of Prescription Drugs

If you’re like many Americans, the rising cost of prescription drugs may be costing you your health. In particular, seniors living on a fixed income with no insurance are finding it difficult to pay for necessary prescriptions out-of-pocket, and as a result, may be failing to receive the treatment[ Read Article]

Who's Tops in Hockey and Who's Not

The National Hockey League needs to do more to encourage better coverage of the hockey games. With so many other sports realizing national coverage, the NHL is sometimes forgotten. However, this year, there's a race for the Stanley Cup, and only one is set to win it. But which team will that be? [ Read Article]

The Danger Of Rounding Up Your Debts

Rounding up your debts is one of the biggest dangers to your financial position. It's also one of the easiest ways for your debts to get out of control. This way of thinking is best summed up by the following comment; ‘I already owe $27500 so what’s another $500. It takes my debt to a nice round [ Read Article]

 

World Top Stories :
Spanish bank's shares suspended
Trading in Bankia shares is suspended amid reports that the struggling Spanish banking group is going to ask for a big government bailout later.


French president visits Kabul
French President Francois Hollande makes an unannounced visit to Afghanistan to explain his decision to pull troops out a year earlier than planned.


Male 'contraceptive gene' found
It may be possible to develop a new form of male contraceptive after researchers in Edinburgh identified a critical gene for the production of healthy sperm.


 

Copyright © 2006 Realook.com All Rights Reserved.