Investment

by Wullie 14 replies
Hi all

I am looking for advice from like minded investors about whether to start investing in rent to buy. I am currently involved in the bellow market value market in Scotland, but due to recent downturns in the market the rents are not stacking up to well. what with higher rates from the lenders.

I would be glad to hear from anyone who has had experience in the buy to rent market.

I have also come across several sites which are looking for investors for property abroad in areas such as India, Carribean, Bulgarie etc.

One of these sites really got my mind going as they were selling property at up to an unbelievable 40% discount. I was hoping that you guys could take a look and let me know how good this company is or whether I should give it a wide berth. If you can help I will forward the link to your own e-mail as I have been informed that I can't have it here



Many thanks

Wullie
#main internet marketing discussion forum #investment
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  • Profile picture of the author KarlWarren
    Why does your link have an affiliate ID in it?
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    eCoverNinja - Sales Page Graphics & Layout Specialist
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    • Profile picture of the author Wullie
      Thats the link I used, don't know much about computers, (Property is my game). Is the link not working?
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      • Profile picture of the author KarlWarren
        Originally Posted by Wullie View Post

        Thats the link I used, don't know much about computers, (Property is my game). Is the link not working?
        Ok, no problem - the post itself does seem a little like a pre-sell for the site you're linking to.

        I'd recommend editing the link to remove everything after .co.uk as the post could be construed as spam.

        Kindest regards,
        Karl.
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        • Profile picture of the author Wullie
          Sorry Karl

          If I remove the link will that make it ok, as I was just wanting opinions on whether or not the company was legit.

          Wullie
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          • Profile picture of the author Michael Oksa
            Originally Posted by Wullie View Post

            Sorry Karl

            If I remove the link will that make it ok, as I was just wanting opinions on whether or not the company was legit.

            Wullie
            Hi Wullie,

            Just remove the part that Karl suggests.

            I think this is a really good example of an honest mistake and why we all have to use our better judgment before handing out infractions.

            Is it spammy? Probably.

            Is it intentional? I don't think so, otherwise Wullie would have gotten defensive.

            ~Michael

            p.s. Of course, the possibility exists, but don't you kind of get the same feeling that it was just not knowing any better?
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            "Ich bin en fuego!"
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            • Profile picture of the author Wullie
              Thanks micheal

              I hope i Didn't offend anybody with the link there. I have now removed it

              Cheers

              Wullie
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              • Profile picture of the author KarlWarren
                Originally Posted by Wullie View Post

                Thanks micheal

                I hope i Didn't offend anybody with the link there. I have now removed it

                Cheers

                Wullie
                No, not at all... and I'm impressed with the way you handled the question - a lot of people would have got defensive.

                If you put the link back, but leave off the part after .co.uk it will be fine.

                I used to work for an estate agent, but that was a couple of years back before the recent 'crunch' that we're experiencing at the moment - I wish I could help you further with your enquiries. I have considered buying abroad and am going to look into the possibilities soon.

                Kindest regards,
                Karl.
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                • Profile picture of the author Wullie
                  Thanks Karl

                  I think I maybe be better just leaving it out. Hope you find success in your investments abroad. Keep me posted if you find anything worthwhile. Dont supose you know anything about rent to buy? The bmv market is still producing some results but it would be good to have another avenue

                  Wullie
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                  • Profile picture of the author KarlWarren
                    Originally Posted by Wullie View Post

                    Thanks Karl

                    I think I maybe be better just leaving it out. Hope you find success in your investments abroad. Keep me posted if you find anything worthwhile. Dont supose you know anything about rent to buy? The bmv market is still producing some results but it would be good to have another avenue

                    Wullie
                    I'm afraid not, I feel so out of the loop since I left the company. The best investment opportunities I came across were reposessions.

                    Kindest regards,
                    Karl.
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                    eCoverNinja - Sales Page Graphics & Layout Specialist
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                    • Profile picture of the author Wullie
                      Well I have looked at repossessions but don't really know how to handle them. Any advice would be appreciated


                      Wullie
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                      • Profile picture of the author KarlWarren
                        Originally Posted by Wullie View Post

                        Well I have looked at repossessions but don't really know how to handle them. Any advice would be appreciated


                        Wullie
                        Most of the repos we dealt with ended up going to two local agents... first to complete gets the fee. It's a nasty market because the bank/mg company won't take it off the market until exchange so even if you've paid for your survey you could be out of pocket if a cash buyer comes along.

                        If you've got cash to invest, they can be fairly profitable, you can flip or rent them out - if you need a mortgage, you'll need to take the above into account.

                        Kindest regards,
                        Karl.
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                        eCoverNinja - Sales Page Graphics & Layout Specialist
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                        • Profile picture of the author Wullie
                          Cheers Karl will look into it a bit more. If you want to get into bmv property give me a shout and I will help in anyway I can.

                          Wullie
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  • Profile picture of the author 2bneil
    I did a quick google search for comments about the company
    go to google
    in the search box type in "property horizons" forums
    I found this one thread at
    Property Horizons
    When I looked at their claims my b..llsh...t detector started buzzing. Just like the poster to the forum, I would be skeptical of a six month old company offering such returns. I have over a decade of experience in the financial services sector in Canada, and usually spectacular claims of high returns are at the least exaggerated.
    Apply the old adage, if it sounds too good to be true, it probably is.

    Approach such deals with a lot of caution and put a very small limit on the amount of investment to risk. Do not exceed that limit regardless of the claims being presented to you. If this company is still around and the principals are still not under arrest in two or three years you might increase your investment then.
    Diversifying your investments is a good strategy. Picking the winners from the losers is a crapshoot.
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    • Profile picture of the author Wullie
      Cheers for that 2bniel,

      your opinion is noted and after thinking about it I may just wait and see what the company achieves six more months down the line.

      Wullie
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