Property Investment News

 

It was great to see so many Sharkwatch Community of Property Investors at the Homebuyer Show last weekend.  Particular congratulations go to Adrian from N.Ireland and Jayne from England who have now quit their jobs to become full time property investors – welcome to the club, which appears to be growing at an even faster rate in 2006.

 

Keep eating the Weetabix.

 

The Homebuyer Show, or should I say the Bulgaria show, with a bit of North Cyprus for good measure is always an enjoyable experience for us, meeting up with friends in the industry and members of our investment community.

 

I gave 4 seminars over the 3 days essentially promoting the new book, “Jet-to-Let:  the secrets of overseas property investment.” I don’t like the word secret in the title, but those who have written published books will know that the publisher is King.

 

I am presently in my house in the Lake District putting the final touches to it aiming for a publication date of 1 June when you can buy it from the likes of W H Smith, Waterstones and Amazon.

 

Back to the Homebuyer Show – just a few observations:

 

1.  Property investing and a mastery of geared stockmarket investing are the only 2 methods, other than robbing a bank (which is NOT recommended), I know of to make substantial profits, quickly.  However, timeframe is essential and has a direct effect on risk.  Some sensationalist seminars appeared to make it look “easy” and in my view did not have a realistic approach, but hey, they have products to sell.

 

2.  Land – why would I sell you a plot of land today for £10,000 which I tell you will get planning permission soon and be worth £70,000 thereafter??????????

 

3.  Overseas property investment – think risk, entry, exit.  Thinking this way rules out a few places at the show!

 

4.  “Discounts” – some developers/agents should reclassify their businesses as a “Charity”

 

Ok, back to book writing.

 

We have the “Fundamentals of Property Investment” course on 8 April and look forward to meeting some of you who either subscribe to the mailing list or view the property investment Blog regularly.

 

Cheers

 

Dominic Farrell

Bewarethesharks.com