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9 posts from August 2008

August 29, 2008

Cyprus outperforming most other markets?

I came across the below news release courtesy of The Move Channel today, and thought I would buzz it out as it's a really positive note to end the week on, for those of us who have already invested in Cyprus. 

This news release confirms everything I have been saying for the past two years and also suggests that there's still a long way to go before Cyprus comes off the investor map.

The Royal Institution of Chartered Surveyors European Housing Review 2008 has described Cyprus as ‘a rare case of a country shrugging off the gloom.'

Experts have said that Cyprus is a solid bet for international investors as its price rises seem to be accelerating.

Reasons behind the booming property market include Cyprus double-taxation agreement with the UK, which entices numerous investors drawn by the tax advantages of not having to pay tax in both their home country and investment country.

Cyprus also has a legal system based on the British model, far less volatility than other emerging markets, a high standard of living, good medical facilities and a very low crime rate, sitting at just one sixth of the European average.

With an increasing ex-pat community of British retires and the upgrading of Larnaca and Paphos airports making travel easier, the future bodes well for Cyprus following it joining the Euro currency in 2008.

James Fleure of Buy Abroad said, "Cyprus is a perfect overseas destination for those looking to take advantage of owning a property abroad.

"This steady yet performing market is attractive to those who are looking to have all the benefits of owning abroad.

"Cyprus' is one of the safest markets around with a steady increase of up to 15 per cent per year on property.

"Emerging markets with dramatic price increases often fall far short on good solid infrastructures.

"Cyprus is a safe bet and with significant increases to property each year is still probably one of the best areas in the Mediterranean to invest in," Mr Fleure added.

In addition to the above comments, I personally believe that there will be a second tier of growth in Cyprus at the end of 2009 that coincides with the opening of the new airport terminal, and budget airlines scheduling more cheaper flights to the island.  Plus of course, in the longer term, there is the extraction of the oil that was recently discovered off the Southern Coast.  This will bring people, business, and wealth to the island and fuel the economy in years to come.

So the outlook for Cyprus continues to be very bright, both in the short and long term, which is always reassuring for investors.

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This is me at Aphroditie's Temple.

I am heading off to Cyprus again myself in September and leading a group of investors around the island, educating them along the way.  If you would be interested in joining my guided tour, then please feel free to drop me an email at nick.tadd@4wallsandaceiling.com.

I will also be doing a presentation about the benefits of investing in Southern Cyprus at my networking event on Sunday 21st September in Milton Keynes.  Please - click here - to register your seat.

Otherwise if you would like a complimentary copy of my e-book "making money while the sun shines" please e-mail me at nick.tadd@4wallsandaceiling.com

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Have a great weekend!

Continue reading "Cyprus outperforming most other markets?" »

August 28, 2008

Property Investment Networking Event...

Nick Tadd of 4wallsandaceiling.com speaks about their upcoming property investment networking event, taking place in Milton Keynes on Sunday 21st September 2008. The event is being held in association with propertyjedi.com.


Property Networking Event... from nick tadd on Vimeo.

The keynote speaker will be Adam Powell, Managing Director of C-Sense Lettings, who has fifteen years experience as a Landlord and letting agent. Adam will be sharing valuable information about how to identify areas for letting.

To register for the event, please - click here -. Everyone who registers will receive a complimentary copy of our Top Investor Tips e-book.

Entry to the event is £10.00 on the door on the day to help towards the hire of the room.

Come and network for success with other like-minded people and accelerate your results through the group momentum!

August 25, 2008

Teddy Bear Drive...

Sorry - this has nothing to do with property. However, I write a tech blog - click here - and I found this on the net the other day which I thought was funny enough to share.

Nick

This is a modded drive that you probably won't find for sale. They either gutted the drive and inserted the contents where the head should be, or they just stuck the casing and all in place. It's not exactly portable, and would almost make a portable hard drive more practical, but it would still be good for a few laughs at work or school.

August 20, 2008

THE FOUR MOST EXPENSIVE WORDS IN THE ENGLISH LANGUAGE

If all the doom and gloom in the media is to be believed, it would seem that we have entered into official bear markets territory in property. (Bear markets are defined as a drop of 20% or more from a previous high.)

This is a good thing. Legendary investors understand this. Ordinary investors don't.

It’s time to get very excited about creating some serious wealth in property.

Professional investors think like a chess player i.e  a few moves ahead.

Every investor knows that, as a general rule in investing, you're supposed to buy low and sell high. Bull markets give you a chance to sell high. Bear markets give you a chance to buy low.

If you want to prosper during the next bull market - the one that will propel the averages to new highs in the years ahead - now is your chance to pick up some bargains…

Don't Let Bear Markets Scare You

Unfortunately, too many investors are lulled into complacency during bull markets and scared out of their wits in bear markets. So they do just the opposite, buying high and selling low ... or they freeze and don’t do anything.

Yes, the property market has fallen sharply over the past nine months. And it may fall further in the weeks ahead. Still, this is an enormous opportunity for long-term investors. It’s a shame a lot of them don't see it that way.

Bear Market Stocks Return 5.6% Annually

For example in stocks, in the last long bear market, 1969 to 1982, stocks returned just 5.6% annually. But that mauling set us up for an 18-year bull market where stocks compounded at 18.5% a year, enough to turn £10,000 into more than £200,000.

In the last so called U.K. “property crash” of the late eighties and early nineties, property devalued by an average of 18%.  Yet property recovered from that and returned to achieving an average of 11.8% growth per annum.  This is what it has done on average since the end of World War II.

It’s worth noting:  no one when can tell you when the next bull market will begin, how long it will last, or how high the market will ultimately go.

But, as you have probably heard throughout your entire life, the shortest route to financial freedom is to own a business. And it is safer to own a portfolio of businesses than a single one to ensure you have multiple income streams. Hence, every long-term investor needs exposure to different types of investments. When do you get to buy them cheap? During a bear market.

So, if you are not currently investing in property, now could be one of the best times in recent memory to get involved!  If you are investing, now is a great time to expand and diversify your portfolio significantly.  For instance, as we predicted at our networking event in April, more and more investors are turning to holiday lets to increase their cash flow. 

Like any market, property is cyclical.  We’ve seen this happen before, and the market has always recovered and gone on to new highs.  What we’re seeing happen now is nothing new.

Legendary American investor John Templeton, who sadly died last month, often said the four most expensive words in the English language are "this time it's different."  He also said the best bargains are found at the point of "maximum pessimism." You don't get maximum pessimism during bull markets. You get them during bear markets when everyone is saying that the world if falling apart.

Times like now, for instance. Govern yourself accordingly.

Network for Success

To that end, we are pleased to announce our next property investment networking event, which is due to take place on Sunday 21st September.  The location for this event is the Milton Keynes area.  We will be advising the venue nearer to the time.

Toptipsebook200

Everyone who registers will get a COMPLIMENTARY copy of our Top Investor Tips e-book - click here -

Our guest speaker is Adam Powell, Managing Director of C-Sense Lettings Agents.  Adam is a serial investor himself, and has over fifteen years of experience in the lettings market.  His presentation will focus on how to identify key areas for lettings, and how to identify the demand for specific types of property within those areas.

To register your seat at this event, please email registration@4wallsandaceiling.com.

We charge a £10.00 entry fee on the door on the day to help towards the cost of the room hire.  However, the valuable knowledge and contacts you can get from our event far exceed this nominal fee.
We will be advising you of details nearer to the time, including the rest of the educational content.

Here are some testimonials from our last event in July:

"I am so happy to be part of a forward and alternative-thinking , inspiring group of people.  Thanks for consistently sharing information and organising great guest speakers and events"

Claire Thwaites

"Fantastic insight into everything wealth!!!! Some of the most out of the box, thought-provoking insight I have ever personally received.  It has been inspiring!!

Clinton Vallis

“I come back to 4walls networking events every month for what I term my “vitamin injection” of property wisdom”.

Zara Tippey

Remember:  poor people work, rich people NETwork so come and join our dynamic group of investors to accelerate your results through the group momentum.

Register of our event on Sunday 21st September at registration@4wallsandaceiling.com

We are running this month’s event in association with propertyjedi.com so look forward to welcoming new friends to our events and expanding the level of experience and knowledge within our ever-growing network.


Toptipsebook200

Everyone who registers will get a COMPLIMENTARY copy of our Top Investor Tips e-book - click here -

August 18, 2008

Heathrow

 

Heathrow Terminal 5, at last they have built one that works...

blogged from my i-phone.

August 17, 2008

VIDEO LECTURE: The anatomy of a multi-let...

Dear Fellow Investor,

We acquired another fantastic addition to our portfolio this past weekend - a 4 bedroom town house in a new development in Basingstoke!   We'd pretty much given up on the U.K., aside from holiday lets, as, with the current mortgage products, the numbers simply don't stack up.

However, this house proved to be the exception!

Therefore, we thought it might be valuable to talk you through the anatomy of this deal to explain how and why we purchased this particular property and how we are going to achieve
£300 - £400 NET cash flow per month from it.

anatomy basingstoke

Click here to watch my wife, Vanessa Warwick explaining this deal.

By the way, we actually brokered this deal on three identical houses in the development, so two of our clients (who had their mobiles switched on, on a Sunday!) have also purchased these properties.  As part of our service to them, we will get their house let out on a multi-let basis.  We will also mentor them through the entire process so that they can do it for themselves in the future.  We subscribe to the saying "Give a man a fish and you feed him for a day.  Teach him how to fish and you feed him for life!"   We believe there is nothing better than "on the job" training where practical skills are learnt out in the field, rather than just theory in a seminar room or from reading a book!

If you would like to receive details of our property deals, you need to register with us at www.4wallsandaceiling.com (if you have not already done so).   We offer a
FREE consultation to everyone who registers with us to discuss your individual situation and how we can empower you to achieve your property goals.

In previous broadcasts, we've stated that our current strategy is to go for the higher end of the market in every aspect of what we do, as we believe that the higher end of the market is more recession-proof.  In other words, wealthy people are less likely to be affected by the credit squeeze than people on a lower income, and are more likely to get credit, keeping this sector of the market buoyant on the sales front.  (Remember:  the fundamentals of the U.K property market are based on supply and demand, but also people's ability to finance deals.  Lenders are applying stricter criteria, meaning that only people with a significant income and squeaky clean credit rating are going to get mortgages.  This again will fuel the rental market for those people who do not meet the strict criteria!).  Therefore, we have focussed our property sourcing efforts on the South East of England and prime coastal areas.  We are opting for high-yeilding multi-lets and holiday lets to maximise our cash-flow, as revealed in this recent posting about investment strategies.

We came across this post in the Times On-line a few days ago, which supports what we are saying with regards to the most robust areas of the country.

Halifax reported this week that house prices fell 1.7 per cent in July, taking the annual fall to 11 per cent. Nationwide's latest index says property prices are down 8 per cent over the past year and Hometrack says the fall is just 4 per cent.

Countrywide statistics, like this, are useful for a market overview but they are not going to tell you what is happening in your street.

                               

A regional breakdown like the one below can provide a more reliable picture, but because prices and sentiment vary dramatically from area to area it still might not provide an accurate reflection.


times house price 17-8-08

Figures for England and Wales are based on the asking prices of homes on Rightmove.co.uk, which displays details of around 90 percent of all property sales across England and Wales. Other data from latest Halifax regional house price survey.

It must be noted that, when it comes to house prices, the "gold standard" is the Land Registry as this documents actual sold prices.  You can access its data free via such sites as www.ourproperty.co.uk and www.houseladder.co.uk.  However, it must be noted that these sites may be up to three month's out of date.

We would like to finish with this quote from the famous investor Sir John Templeton.  He once said that "the best time to invest is at the time of "maximum pessimism"".  It would seem that we are fast approaching that time here in the U.K.!  If you require any support in spotting a property opportunity, please get in touch here.

To your success!


Kind regards,

Nick
Director, 4wallsandaceiling.com

August 07, 2008

Bank of England Bank Rate.

logo_bank_of_england.jpg

12pm 7-8-08, the Bank of England has kept the Base Rate at 5%.

August 06, 2008

VIDEO LECTURE: Positive property investment news...

SOME GOOD NEWS ABOUT PROPERTY ... FOR A CHANGE!

At 4wallsandaceiling.com, our five years of investment in property has proved to us that, when it comes to property, there is always a silver lining to every cloud, a positive to every negative, and a flip side to every down side.

In this video broadcast, Vanessa Warwick, finalist in the Bradford and Bingley Female Investor of the Year Awards 2008 bucks the trend of the incessant reporting of doom and gloom in property, and gives you the up-side, the good news, the stuff that puts a smile on your face.
How refreshing!

Click here to watch this video broadcast.

Vanessa talks about why rents are going to rise, why better financial products are on the horizon, and why house prices will start to rise again.
She also talks about strategies for surviving the credit crunch and moving your property business forwards.

You can see Vanessa speaking at the Hampshire Property meet, this Thursday 7th August, in Basingstoke. Vanessa and her husband Nick Tadd will be speaking about the benefits of holiday lets, both here in the U.K. and abroad.

To book your place at the Hampshire property meet, please Click here

If you would like to register for FREE property intelligence, video tutorials, and video broadcasts like this one, please visit 4wallsandaceiling.com

Kind regards,

Nick Tadd

August 02, 2008

PROPERTY DEALS OF DISTINCTION FOR THE DISCERNING INVESTOR

PROPERTY DEALS OF DISTINCTION FOR THE DISCERNING INVESTOR

At www.4wallsandaceilng.com, our mission statement is simple:  Empowering you to create unlimited wealth through property investment.

How do we do that?

Very simply, we give you the knowledge, benefit of our experience, contacts, networking opportunities, resources, and support to build your own property portfolio safely and profitably.  In other words, we supply you with a “tool kit” to create your financial future.  After all, the best possible person to take care of your financial future is YOU!

Very occasionally though, we will provide you with the “finished article” – a ready-made property deal!

More often than not, it will be a deal that we ourselves are investing in, and we pass a few other units onto our subscribers.  So unlike other companies we could mention, we’re not selling 50 x 2 bed flats in a development of 100 identikit units!  In fact, far from it.   In property, it is most definitely not a case of “one size fits all”.  Everyone has their own unique financial situation, their own attitude to risk, their own amount of time that they would like to dedicate to property, their own goals.   Therefore, at 4walls, we offer a bespoke and personal solution to empower you to create unlimited wealth through property investment, and this includes our property deals.  From the first day of your association with us, we will add massive value to your investment strategy and support you every step of the way on your journey to financial freedom.

Before we offer a deal out to our subscribers, it has to meet very strict criteria as follows:

1.    We do “top down” due diligence on the country starting with the political, economic, and financial stability of that country.
2.    We research the economic drivers of the area and/or country to see what will fuel the investment in years to come.  We research for I.C.I – investment, communication, infrastructure.  Without those three “drivers” there is nothing to fuel your investment.
3.    There are risks inherent in any deal.  We research these to assess them and see if we feel comfortable with them.  If you are aware of risks, you can also seek to minimise them.
4.    We check for over-saturation in both the sales and rental market.
5.    We negotiate deals “below market value” using genuine comparables and local knowledge.
6.    We look at the financial products available to ensure that the property can be purchased with minimal financial input, ensuring MAXIMUM leverage.
7.    We research rental strategies and stack the deal to ensure that there is positive cash-flow from the rent.  Cash-flow is the lifeblood of any business, including property, and without it, you are dead in the water.
8.    We assess the short, medium, and long-term outlook of the deal to be clear how your investment is going to perform over time.
9.    We research “exit strategies”.  In other words, how are you going to get your money back, should you wish to exit the deal?  If you can’t see an exit strategy, then you should not invest in that deal!
10.    Before we offer the deal to our database, we ask “would we buy this property ourselves?”.  If the answer is “yes”, then you will get to hear about it by registering at www.4wallsandaceiling.com.

As full-time property investors ourselves, we currently only invest in the U.K. and Southern Cyprus as these are the only two countries that currently “tick all our boxes” and satisfy our strict investment criteria.

Should you contact us about one of our property releases, we will talk through the deal with you and help you decide if it is suitable for you and your strategy.  If it’s not, we will not sell it to you.  How refreshing!  The reason for this is that our personal and bespoke service means that our clients are with us for the long term, not just for us to make a quick buck off you.  Again, how refreshing!  We have helped our clients create serious wealth in property through taking this individual and bespoke approach.

To be the first to hear about our limited and exclusive property deals, please register at www.4wallsandaceiling.com.

We get bombarded with property deals from other companies every day that make us literally fall off our seat laughing.  One came through the other day as follows: Monthly rent £575.00; monthly mortgage £1250.00.  Whoever thinks that is a good deal doesn’t have a clue.  “But is was only £5K to get into … “ they will cry.  Yes, but that deal will quickly take you to financial ruin not financial freedom due to the negative cash-flow.  Sadly, many novice investors are seduced into these types of deals and find they have a very nasty sting in the tail. (If it's such a great deal, then why isn't the person selling it buying it themselves - especially if it is only £5K to get into (allegedly)?!?!? We buy into all the deals we offer our clients, because we believe in them and know that they are viable).

At our recent property networking event in Guildford, we revealed the following strategy that we are adopting to get through these challenging time in the U.K.:

1.    Keep in constant contact with your U.K. mortgage broker to see what products are available.  They are changing on a daily basis.
2.    Network to stay motivated and informed.
3.    Invest in up market U.K. holiday lets for cash-flow and coastal appreciation.
4.    Invest in multi-lets for cash-flow.
5.    Invest in S. Cyprus to hedge your U.K. investments.
6.    Keep a contingency fund.
7.    Ask you U.K. lender if you can do a product transfer onto a fixed rate mortgage if you are concerned about interest rates rising (as we are).
8.    Be price-sensitive on your BTL’s to get them rented quickly during this transition phase where there is a lot of sale and rental stock around.
9.    Look to the upper end of the market in everything you do, as this is far more recession-proof than the lower end of the market.

If you have a clear strategy and month on month cash-flow in place, you will get through these challenging times in the U.K. and come out the other side with significant wealth.

Picture_3 If you would like to meet us in person and hear more about our personal investment strategies, we will be speaking at the Hampshire Property Meet in Basingstoke on the 7th August.  For further details, please click here

We currently have deals available in the Larnaca area in Cyprus.  These come with a 13% assisted deposit, and only 7% deposit from you.  Entry level prices for a one bed apartment starts from £5.5K.  With 15 – 20% capital growth forecast in Cyprus, this is very low risk, with a serious leverage from a small amount of money!  Plus you can achieve fantastic cash-flow from holiday lets.  How do we know?  Because we are actively investing in Cyprus ourselves, and have been for the past eighteen months.  For further details of our property deals you can email me at nick.tadd@4wallsandaceiling.com and or call us on 01483 511150 to see if our deals might suit your investment strategy.

Remember, experience isn’t “micro-waveable”.  You can learn from ours!  That is why we are regularly called upon by the media to give opinion on the property market, most recently on BBC Radio 4 where Director Nick Tadd contributed to a programme about a certain property club that had sold some questionable deals.

To be the first to receive our limited and bespoke property investment opportunities, please register at www.4wallsandaceilng.com.