Rohan Weerasinghe

Below Market Value Properties

In the current climate there are a lot of opportunities to pick up properties well below market value whilst still hoping the sellers.

The term "Shortfall" refers to the difference in what you owe on your mortgage and the final sale price of your home after it has been repossessed and all associated sale fees have been paid. According to the council of mortgage lenders the statistic is 21% of properties are sold for less than the amount left owing on the mortgage because sellers have left it too late and the lenders have simply dumped the properties quickly through auctions etc.

It is achievable to to pick up properties at 40% below market value in the current climate. Through research and getting out into the market and attending auctions you can pick up these deals. Also, you can use sourcing agents for deal and there are more emerging.

Once site you can visit is listed below, with this company register your interest in picking up BMV properties and they contact you to establish you specific needs and area.

www.bmvpropertyshop.co.uk

Whoever you use, always do your own due diligence on the properties that you buy. On the Wealth Angels site there is now a 2 hours video program available that goes through in detail how to research the market and another that goes through the process of analyzing property deal and provides you with the spreadsheets to do all the numbers:

Research video

Deal Analysis Video

Thames Gateway

Remember that even through the country may be experiecing specific areas where the house price growth has slowed down there are also other areas where gorwth perpetuates through government intervention.

The Thames Gateway is considered to be the largest regeneration projects in the whole of Europe. I have included below some extracts from a short summary report I have written on the Thames Gateway :

The 40 mile long Thames Corridor contains approximately 700,000 households and is home to around £1.6 million people and the Gateway region will play a key role in delivering sustainable growth for South East England. Targets for the Gateway are for an additional 180,000 new jobs between 2001 and 2016 and the region has indeed seen considerable growth over the last decade with total employment rising by 22%, compared to 12% nationally.

Demand for new housing in the Thames Gateway remains strong. However, despite the high volume of undeveloped land available, the market is still suffering from an insufficient supply of new homes.

If you would like a FREE copy of this short report visit and register at  www.rohansite.com

 

Help With Your Portfolio or Getting Started

With the current changes that have taken place in the past 6 months around mortgages many property investors are finding challenges with their exiting portfolios. And new investors are asking questions about what the best strategies are in the current climate.

After a lot of personal requests to mentor, Raj Deb (my business partner) and I have agreed to do a few private mentoring sessions with investors. These will be two day intensive mentoring sessions. We are calling this the Property Clinic and essentially you will get a day with myself first covering a detailed analysis of your current situations, finances, properties, strategies and planning. Then a second day with Raj applying specific actions, lookng at deals, getting access to his BMV property list, negotiating deals - whatever your specific needs are. You will have access to us after the mentoring to allow follow through on deals etc.

If you are interested in finding out more contact me on by registering your interest on my speaker site. Click in the tab for Register and simly put your details in and where you put you address put an note to say you want to find out more about the Property Clinic.

www.rohanlive.com

^{or call us directly on 07769 718 537}