Hi
Thanks everyone for getting in touch for our latest deal in Walsall. Our first email response to reserve the deal came in an amazing 4 minutes after exposure!
The deal was sold to a Priority Club member who was first past the post with a DIP in place and paid reservation fee.
Apologies to all those that missed out on this deal, although I can promise there will be a lot more like it!!
We’d like to take this opportunity to invite those not already registered, to join our Priority Club. It’s FREE!! You’ll receive all our properties before non members do and will be able to reserve and proceed with a purchase as soon as you see something you like. Simply email us at info@spinproperties.co.uk for Priority Club details.
Don’t let our investment opportunities get snapped up before your eyes because your fellow investors have taken the time to call our broker and get a DIP in place.
As fewer and fewer genuine below market value UK properties are presented we are finding there is an immediate and dramatic response to everything we present, so don’t miss out!
We’d also like to ask for some feedback on the type of properties you’d like to see more of from us?
If ‘£5,000 out of every deal after all fees are paid’ is the answer you’ll have to generate your own leads, negotiate the deal, view, select solicitors, brokers, bridgers and manage the completion yourself. There are deals like that out there but far fewer of them, as many vendors simply don’t have the equity to trade and there is a lot of competition in today’s market.
Where do everyone’s preferences lie? Do you guys have an appetite principally for 2nd hand stock or are new builds considered, rent backs, houses / apartments, residential or is there an interest in commercial? Area wise, are there many of you looking to buy in Scotland, is the North of England as popular as ever, along with Greater London. What do you want and where do you want it?
We look forward to signing you up to our Priority Club and hearing what you have to say on the deal front.
In the meantime keep an eye out for our next deals.
Best regards
Al
Smart Property Investment Network
Thursday, 19 March 2009
Friday, 13 March 2009
Hi Everyone!
1st of all we’d like to say a big thank you to all those that have shown an interest in the properties we have advertised so far.
The response has been so dramatic it’s caught us out a bit!! We’ve been inundated with calls asking us about our process and conditions of purchase.
In order to clear this up and allow us to concentrate simply on sales and generating new deals we will be posting our T’s & C’s along with a process map and some FAQ’s.
As we continue with our commitment to bring you nothing but genuinely discounted deals it is important we highlight our unique selling points which we believe are unrivalled within the sector.
Firstly, as it has been very difficult to establish the value placed on properties in the current climate (1.9% rise in Jan, come on!!) each of our deals comes with either verbal confirmation of value or a pre valuation report by a RICS surveyor.
Secondly, as we have nothing to hide with any of our deals, our properties will be available for internal viewing after a reservation fee has been taken. (Except where the vendor is not happy with this arrangement in which case multiple internal photographs will be made available).
A quick overview:
We have found as house prices are bottoming out there are fewer and fewer vendors in a position to accept 30% or more discounts on their properties. Many struggle with even 20% equity to trade. Feedback from our negotiators confirms they are having to generate a lot more leads (at additional expense) before the right deal comes along.
What we will offer:
It’s our intention to remove this time consuming and often expensive aspect of the investment process. We will continue to offer our pre packaged confirmed deals at discounts of 20% and above.
At a time where there are indications of the market turning, it may well be time to consider putting money into property now to secure it in anticipation of an increase in value – possibly dramatic in coming months (certainly in the coming years).
What we can’t do:
A number of people have approached us asking what funding and purchase methods are available to them in today’s market. We’d like to make it clear we offer discounted property investment opportunities and cannot offer financial advice. We can however direct you to several specialists who understand our market place and can help with this side of things.
Another string to our bow:
Until now we’ve never traded in new build properties. I know people who have bought off plan and ended up putting a lot of cash into deals when they thought they’d be taking it out. Others have bought new builds at overly inflated prices in saturated markets, with little or no hope of achieving a rent that covers the mortgage, quite frankly the whole idea scared me!
Like me, many people turned their backs on new build properties but times are changing and developers are offering some fantastic opportunities!
Our suppliers are coming up with some really tempting properties that have been negotiated with developers who simply need to move stock now. So watch out for our new build deals, there’s genuine discount from RICS vals and they stack on rent.
A moving market:
It’s interesting to look back a little over 12 months ago when products and lenders available to the B2L investor meant packaged deals with 10-15% discount were being snapped up. It’s incredible how things have changed so dramatically in such a short period of time.
The fact is the current discounts of between 20-30% offered to Armchair Investors won’t last. As lenders come back with new products, LTV’s increase and fewer vendors are in a position to take significant discounts on their homes, % discounts offered will reduce.
I’ve spoken to a lot of people in the last 18 months who have been waiting for the market to bottom out and turn before making a commitment to purchase.
This could very well be the last chance to jump on board before the rocket takes off again!
This is Property Investment:
Armchair investors looking for £5k out on every purchase are 12 months too late for the party and negotiators looking to take £15k out of every deal are just so 2007, funny how the market changes…
Investing in property is no longer for the get rich quick boys with an eye on the cash and no passion or purpose. It’s a time for long term strategies and consolidation, a time for a measured approach with an understanding of the market.
Property continues to have a truly fabulous return on investment, the bad news for some however is that some ‘investment’ may be required.
We’ll keep presenting you with the best deals available on the market today. If you have any questions on any of our deals don’t hesitate to get in touch. If you have any comment on the above points I’d be genuinely interested in your response, this is a forum after all and we’re all entitled to an opinion.
Many thanks for your continued support.
Alasdair Macdonald
Smart Property Investment Network Ltd.
1st of all we’d like to say a big thank you to all those that have shown an interest in the properties we have advertised so far.
The response has been so dramatic it’s caught us out a bit!! We’ve been inundated with calls asking us about our process and conditions of purchase.
In order to clear this up and allow us to concentrate simply on sales and generating new deals we will be posting our T’s & C’s along with a process map and some FAQ’s.
As we continue with our commitment to bring you nothing but genuinely discounted deals it is important we highlight our unique selling points which we believe are unrivalled within the sector.
Firstly, as it has been very difficult to establish the value placed on properties in the current climate (1.9% rise in Jan, come on!!) each of our deals comes with either verbal confirmation of value or a pre valuation report by a RICS surveyor.
Secondly, as we have nothing to hide with any of our deals, our properties will be available for internal viewing after a reservation fee has been taken. (Except where the vendor is not happy with this arrangement in which case multiple internal photographs will be made available).
A quick overview:
We have found as house prices are bottoming out there are fewer and fewer vendors in a position to accept 30% or more discounts on their properties. Many struggle with even 20% equity to trade. Feedback from our negotiators confirms they are having to generate a lot more leads (at additional expense) before the right deal comes along.
What we will offer:
It’s our intention to remove this time consuming and often expensive aspect of the investment process. We will continue to offer our pre packaged confirmed deals at discounts of 20% and above.
At a time where there are indications of the market turning, it may well be time to consider putting money into property now to secure it in anticipation of an increase in value – possibly dramatic in coming months (certainly in the coming years).
What we can’t do:
A number of people have approached us asking what funding and purchase methods are available to them in today’s market. We’d like to make it clear we offer discounted property investment opportunities and cannot offer financial advice. We can however direct you to several specialists who understand our market place and can help with this side of things.
Another string to our bow:
Until now we’ve never traded in new build properties. I know people who have bought off plan and ended up putting a lot of cash into deals when they thought they’d be taking it out. Others have bought new builds at overly inflated prices in saturated markets, with little or no hope of achieving a rent that covers the mortgage, quite frankly the whole idea scared me!
Like me, many people turned their backs on new build properties but times are changing and developers are offering some fantastic opportunities!
Our suppliers are coming up with some really tempting properties that have been negotiated with developers who simply need to move stock now. So watch out for our new build deals, there’s genuine discount from RICS vals and they stack on rent.
A moving market:
It’s interesting to look back a little over 12 months ago when products and lenders available to the B2L investor meant packaged deals with 10-15% discount were being snapped up. It’s incredible how things have changed so dramatically in such a short period of time.
The fact is the current discounts of between 20-30% offered to Armchair Investors won’t last. As lenders come back with new products, LTV’s increase and fewer vendors are in a position to take significant discounts on their homes, % discounts offered will reduce.
I’ve spoken to a lot of people in the last 18 months who have been waiting for the market to bottom out and turn before making a commitment to purchase.
This could very well be the last chance to jump on board before the rocket takes off again!
This is Property Investment:
Armchair investors looking for £5k out on every purchase are 12 months too late for the party and negotiators looking to take £15k out of every deal are just so 2007, funny how the market changes…
Investing in property is no longer for the get rich quick boys with an eye on the cash and no passion or purpose. It’s a time for long term strategies and consolidation, a time for a measured approach with an understanding of the market.
Property continues to have a truly fabulous return on investment, the bad news for some however is that some ‘investment’ may be required.
We’ll keep presenting you with the best deals available on the market today. If you have any questions on any of our deals don’t hesitate to get in touch. If you have any comment on the above points I’d be genuinely interested in your response, this is a forum after all and we’re all entitled to an opinion.
Many thanks for your continued support.
Alasdair Macdonald
Smart Property Investment Network Ltd.
Tuesday, 10 March 2009
Property Finders & Suppliers!
We Need Your Property Deals...
We require more properties for our growing database of finance ready property buyers across the UK.
If you have quality deals that have below market discounts of 25 - 30%+ then we have buyers who are ready and waiting to purchase.
Want to sell you properties to our network? - Please contact us using our quick registration form here and we will be in touch to discuss further.
The Singing Pig / SPIN Team
We Need Your Property Deals...
We require more properties for our growing database of finance ready property buyers across the UK.
If you have quality deals that have below market discounts of 25 - 30%+ then we have buyers who are ready and waiting to purchase.
Want to sell you properties to our network? - Please contact us using our quick registration form here and we will be in touch to discuss further.
The Singing Pig / SPIN Team
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