Monday, 10 March 2008

Poperty Investor Show London March 2008

hThere were a lot of the same ideas around this year. However, some new ones include finance for auction and possibly this might suit the property I have seen in The Royal. This is the flat which is not finished off yet. It has two massive bedrooms, a very big lounge, and a roof terrace and because of the way it is, one can find one’s own bathroom and kitchen. Of course, it’s difficult to buy a house in that state with a mortgage. The same goes for auction properties.
Another new concept was the E-home. These are homes with work spaces attached. The work and living space is very carefully divided. The units are also in very pleasant surroundings yet only ten minutes walk into town.
I’ve made contact with some mortgage packagers. They find the bridging finance, the remortgage and instruct the survey with trusted companies, which leads to more success.
I’m now looking at buying land through a company which does the due diligence for you. You can buy individual plots. You can sell them on after two years.
I’m looking at some new concepts in hotel rooms, where you get a pro rata 75% share of the hotel’s profit. The rooms come with their own pool each. You can have some usage during the year.
It was a good show, with some quite exciting possibilities.

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