Would it surprise you to learn that the most profitable business one can get into right now is property? It shouldn't, property has always been one of the best ways to yield returns and that holds true even when the economy hits its lowest lows.
The press may be all doom and gloom at the moment, but the property market certainly isn’t. In fact it seems to be getting better and better with each passing month.
In a recent report released by the Royal Institution of Chartered Surveyors, they experienced – for the third month running – an increase in property interest of up to 16%.
An increase that backs up the growing theory that buyers and investors alike are returning to the property market.
But the Royal Institution of Chartered Surveyors are not the only ones to feel this surge in interest, the National Association have also reported a similar uptake.
Discussing these details in their January report, they found during the first 2 weeks of January, that the number of first time buyers investing in property more than doubled to 22.5%, whilst the number of registered buyers rose to 14.5%.
This sudden burst in interest is not that far off what is considered to be the first signs of a market recovery. The NAEA for example witnessed a surge of property sales topping on average 4 per estate agent during these same 2 weeks, compared to their 6 property sale average during November and December.
Now whilst the recession has still got a way to go, all of these figures when placed side by side, equal optimistic news for the property market!
Having lost a lot of consumer confidence during the onset of the credit crunch, the fact that 22% of these sales were due to property investors, proves that confidence is returning.
And it is not only property investors who are feeling the pull of the property market.
With property prices now 17.2% cheaper than they were this time last year, the appetising appeal of these properties is attracting a lot of interest.
The only obstacle left for obtaining these incredible deals is getting a mortgage – something that as an investor you won’t have to worry about if you take the first step towards your property success.
Just completed the course and the next step is to stack 100 properties.
After trawling through 300 pages on Rightmove and filtering out all the unsuitable’s I now have got 39 properties saved on my Rightmove account.
The good news is all of them stack with £600+ cashflow, on a 7% interest rate, at full asking price!!! Don’t anyone tell me these deals are not out there!
Mark Warren:
I’ve just completed my second training day and it went fantastic! I didn’t expect such immediate responses…
Meeting other investors who are already renting out their properties and earning a positive cash flow every month, really put everything into perspective for me.
It is possible… And the amazing thing is I know that everything I have learnt today… I will put into practice tomorrow. Great!
Sharmir Khona:
Wow I am totally inspired!!! So much so that I have decided to go ahead and book a place on the Commercial Mentor course.
My partner even loves the content too and really enjoyed the day.
She can see my vision now and understands what I want to achieve. Thanks so much! There is no need for me to convince her now… she is already hooked!
Describing their free 2 hour property investment workshop as ‘The most profitable 2 hours of your life’, we have to admit when we heard about Property Mentor, we were a bit skeptical:
“Financial freedom after your first 4 properties? Profit in 30 days? No risk?” – it sounded too good to be true. We thought, surely this couldn’t be possible in such a short amount of time? So we put Property Mentor’s word to the test.
Cosy and approachable, the pure intimacy of their selective 3-5 person workshops instantly put us at ease. Making what was about to happen next, a complete adrenaline rush.
Using their simple step-by-step system, they broke down the flaws in the current housing market into delectable segments, before putting the facts to us straight:
Far from being an investor’s enemy, the credit crunch could be utilized to become your ally. Ensuring you come out owning more properties than you did during the property boom.
And surprisingly it made complete sense. Falling house prices = investment bargains
Even more surprising, they proved that anyone can become a property investor. Whatever your age, gender or experience theireasy to use system is specifically designed to maximize your profits, allowing you to find the right properties at the right price for you.
Initially novices to the world of property, we came out of their seminar knowing how to:
Structure propertiesfor long term success
Earn money whilst we slept
Find the right properties at a click of a buttonusing their specialised Property deal analyser and research software
Get 100% mortgagesusing no money down deals
Achieve a 100% tax free incomefrom our properties… and much more
Impressive to say the least.
Boasting an incredible 1,600 delegates, Property Mentor is certainly a cut above the rest leaving other leading investment companies far behind in terms of quality and effectiveness.
Usually priced at £300+, Property Mentor is offering you the chance to learn everything you need about property investment – for free. What’s more…they are giving you full access to the same strategies they use to make their own investments.
And considering their Director Matthew Lachlan is currently working on 45 properties worth £13 million – during the credit crunch – you can see that their system works.
So forget the credit crunch, and start making your property fortune at no financial risk today.
As per usual there has been plenty of activity in the housing market news this week.
On Monday it was announced that saving rates have hit a new 5 year low and pension savings were struggling too – further stengthening the point that property is the place to invest your cash if you want to make any money for the future.
Tuesday saw the announcement that the number of house sales estate agents were putting through had fallen again, showing that there is still less competition from other buyers so you should still be able to secure all those bargains you are spotting. On Wednesday Northen Rock revealed they were slashing their mortgage rates following the bank of Englands interest rate cut, more good news for investors with tracker mortgages.
On Thursday it was reported that mortgage lending is still on the decline, further strengthening the position of the buyers who have the funds approved. Then today an extension to the government mortgage rescue plan was announced to further help those who are struggling with their mortgage repayments.
Also are you signed up to the Property Mentor newsletter? If not you should be, every Sunday and Wednesday we mail out to everyone updating them on the latest news and why to get involved with Property Mentor today. You can get yourself on the Property Mentor newsletter list by going to www.propertymentor.co.uk and signing up for the free video clips on the left hand side.
As connoisseurs of the property market ourselves, we were prepared to spot a flaw in their system. We were wrong.
In just 2 hours, they opened our eyes to endless investment opportunities that exist in the current market. They proved that the credit crunch can offer a potential investor – you – a credible future in property. In fact, now is the perfect time to invest in property.
Here are the main factors that people are worried about when considering the Property Mentor course:
QUOTE: “People saying there’s no market to invest in, there’s no liquidity and it would be stupid to invest in property. A guy told me that “Prices will not bottom for at least 4 years. Look at 1990…prices started dropping in 89, bottomed in about 94, and didn’t start rising til about 97. That was in a mild recession…this is the mother of all recessions. Stay clear of property until the average wage (£22k) can afford the average house (currently £175k)”
Our answer: These are the people who wont get involved and then regret it later. People who buy now will benefit in the future. This is a long term approach not a get rich quick scheme. The early 1990’s was actually when the guy who runs Property Mentor bought most of his properties simply because house prices were low and rental demand was high – and whats he doing now? Buying as many properties as he can before the market starts to recover again.
During the house price crash of the 90’s the media were saying the housing market had died and prices would never rise so dramatically again. They were wrong, people who bought during the last market crash benefit the most when prices did rise again.
The Property Mentor system is not about selling houses either, so if and when the prices bottom out have nothing to do with it at all – In fact PM never suggest to sell a property unless you made a mistake in buying it in the first place (which you shouldn’t do if you follow their system).
The PM system is about buying houses when they are cheap and renting them out so they pay the mortgage and generate a positive cash flow. The PM system is recognised by many mortgage lenders and just by being a Property Mentor delegate it becomes easier to get mortgages with no money down.
The PM system is not one investment system either. There are 8 in total so that whatever the market conditions you have a system that works. In fact 2 of the systems do not work in the current market, so although they are still taught (since when the market changes the systems will become effective again) they are not advised to be used at the minute.
Here’s a reply we got when we recommended Property Mentor to an advanced property investor:
“To get back to you, only a fool would purchase right now. The “system” will be based on the old chestnut of BMVs and gifted deposits – mortgage products allowing this died a while ago (Mortgages plc/Merrill Lynch were the big guys on this and they’ve all but gone).”
Our answer: Again this goes back to the fact that many mortgage lenders recognise the PM system works and so will offer better deals to Property Mentor delegates. Basically if you can prove to the bank your rental income will pay for the property and more they will give you whatever you need. The better your argument the better the rate you get.
Remember Property Mentor is a recognised NVQ, the only course which is which shows just how respected it is. The system is not based on BMVs and big deposits. Of course BMV is a factor but the whole system is designed to show you how to find properties that are good investments and collect all the information you need to get a good mortgage.
Another worried e-mail we received after posting our review of Property Mentor, claiming that Property Mentor is a generic UK property scam. That is certainly not true!
QUOTE: “Targets attend a free presentation, where scammers persuade them to spend money to enroll on a course promising to make them a successful property dealer, but the properties are often near-derelict and the tenants non-existent.”
Our answer: By the sounds of this you are referring to the courses that get you to pay a fortune for the course and then the whole thing is buying properties they tell you to buy. Property Mentor do not work like that, if they find a good deal they will buy it themselves.
They never recommend properties to buy….NEVER! What they do instead is show people how to find the good deals, give them the tools, software, networking, and skills to be able to find them, negotiate, and get tennants in. Lets put it this way…..how many scam courses do you know that become a recognised level 3 NVQ qualification?
Rest assured that Property Mentor is one of the best property investment courses available.
You can get a free 2 hour introductory course simply by clicking here!
