Monday, April 20, 2009

Real Estate In Australia Now

Hi Guys.
What is it with the real estate business now in Australia?
I have had some very interesting conversations with some very shrewd property investors in the UK and they have a good handle on the property market down under.
The signs are that great value is to be had in some niche areas.
Do you have any interest in getting into real eatate now in Australia?
Is it a good investment?
I need to do more research into this market before I can recommend where to invest. As ever do your due diligence.

My Business is Money

The one asset we need to enhance our wealth is real estate.
It has out - performed all other asset types and will continue to do so.
The serious investor will have property as a central plank in his portfolio
What do you think?

Friday, April 10, 2009

The Secret To My Internet Business?

I have often been tempted to design a website that would be a one stop shop for property investment but realised that I would be wasting my time. I am not interested in providing services and trying to hawk properties to inexperienced investors.Also, the time spent on such a project would be better utilised expanding my own portfolio.
In my opinion it is mostly inexperienced investors who use such sites as experienced investors will do their own due diligence and make their own decisions.
Many property clubs are pushy and are all about the hard sell. Do not be sucked into this - do your own due diligence - visit as many blogs and sites as possible and accumulate as much information as possible.
So what is the secret to my internet business?
I do not have an internet business. I am merely interested in sharing information in the hope that people may find it useful.
That's my secret!

Monday, March 30, 2009

Time To Add To My Portfolio!

I have a little portfolio of properties in the UK and am in the process of adding to it at the moment. Why am I doing this now? If you have been following my blogs you will know that my analysis of property markets is based on simple economics. Buy at the bottom of the market. I believe that certain areas of the UK market are at the bottom and provide great value which can even be enhanced with some structured negotiation.

There is an undersupply of new build properties at the moment for many reasons. Principally the key is the situation developers have benn faced with.
Because of the uncertainty developers faced last year with falling house prices and less demand, they had put a stop on their supply. Many developers have been waiting to sell their current stock before even thinking about moving on to new projects.In fact quite a few developers have folded and their existing stock will be sold at discount to canny investors. Likewise land banks bought with hefty bank loans will begin to be offloaded in a spate of foreclosures.

There will be a lag time before new developments happen and therefore another oportunity for the experienced investor. However, at present there is very little opportunity in new builds and the clever investor will look to recently built stock that has to be sold below market value and therefore with built in equity for the investor!

Simply put, stock levels are drying up! The pressure is on to get the best deals.
Don't get left behind!

Monday, March 23, 2009

Good News - End to Recession on Horizon?

Another indicator that now is the time to get back into the property market came recently from the head of the Fedaral Reserve Ben Bernanke.
Mr. Bernake is hopeful for US recovery. The head of the US central bank has said he expects America's recession to end this year. "This decline will begin to moderate and we'll begin to see a levelling off," the Federal Reserve chairman told the CBS 60Minutes TV programme. But he said the world had come very close to financial meltdown last year, before governments stepped in. Mr Bernanke warned that the biggest risk to recovery would be a lack of political will to solve problems. The BBC's Sarah Morris says it is unusual for the Federal Reserve chairman to talk to the media in this way - but Mr Bernanke said he decided to go ahead with the CBS interview because this was an extraordinary time.
His comments came after the UK government warned that the upcoming G20 meeting was critical if the world wished to avoid the economic turbulence seen in the 1930s. Mr Bernanke told the US Congress in January he believed that the recession that took hold at the end of 2007 would end this year. He stuck to that view in the interview while suggesting that recent developments may have set confidence back. "We'll see recovery beginning next year," he said but added recovery could be put in jeopardy if "we don't have the political will". He said a government fund of $500bn was stabilising the mortgage market and business lending was picking up.
Now is the time!!!!

Tip of The Day

When the masses are selling - BUY! and when the masses are buying - SELL!

Sunday, March 22, 2009

Value In USA Foreclosures

My Last post focused on buying below market value(BMV). One way to ensure you are doing this is to actively seek out foreclosures. The market is at the bottom in many areas of the USA at the moment but with experts predicting a turn in the market at back end of 2009, you need to strike while the iron is hot.
In fashionable areas such as the Hamptons in New York, it is now possible to pick up a beach house for less than $300,000. This same property was almost double the price three years ago!
These types of deals will not last for long. The market is definitely picking up and house starts in the USA increased in February by 22% from January. This brought an end to 18 straight months of decline.
If figures rise again for March, my guess is that investors with access to funds will become quite active and you need to be with these if you want to get the best deals. Do not wait for the masses to enter the market as by then it will be too late!