The Death of Buy To Let? Not for Savvy Investors

 

Changes in Property Investments

There has recently been a slew of negative headlines, bad forecasts and gloomy warnings about the death of buy to let. Stamp duty changes, tax rises, and new policies have muddied the waters around property investment. However, these dire warnings should be taken with a large pinch of salt. For savvy investors, buy to let property investment can be incredibly lucrative, you just need to be smart.

In the past buy to let property was a popular choice for get rich quick investors, looking to sell quickly and move on. After the economic crash and the slowdown of the property market, huge price rises are rarer, but not impossible. In certain areas of the UK, property prices have grown considerably over the past 12 months. According to the UK cities house price index, in Liverpool, house prices have risen by 7.5%, in Glasgow they have risen by 7.2%, in Nottingham by 6.9% and Manchester by 6.8%. These high growth areas often also benefit from affordable low entry prices, allowing investors to diversify their portfolios or purchase in more than one locations.

Doing Your Research

By doing research on which areas of the country are best for house prices and investing in regions which are benefitting from regeneration and investment, you can still make a considerable profit when buying and selling property. Property investment specialists like RW Invest are encouraging investors to look to cities like Liverpool and Manchester where property prices are on the rise and rental yields are good. Studio apartments, student accommodation and HMOs are all alternatives to the typical residential property investment. Opportunities to purchase buy to let properties are worth pursuing, and if you can find a below market value property in a high growth area you can make impressive profits.

Long Term Benefits of Buy To Let

The real benefit of buy to let is when you look long term. One key way of measuring an investment is through the rental yields. This tells you how much of your property you will earn back in rents over a year. For example, a property worth £100,000 that earns £6,000 a year in rental income would have a rental yield of 6%. The higher the rental yield the quicker a property will pay for itself. Rental rates have been on the rise in the UK, and the conditions are perfect for buy to let investors to find new properties. The UK housing crisis has seen a huge increase in the number of people looking for rental properties. With less houses available to rent and a harder time buying a first property, tenants are staying in rentals for longer than ever before and paying more for them too.

Rob Bence, presenter of The Property Hub’s Property Podcast said in a recent GQ article “Investing in property may have become a little more complex, with changes to tax relief rules and increases in Stamp Duty Land Tax now in play but property remains the safest form of investment and it is absolutely still possible to prosper from it”. Buy to let is definitely not dead and its unique benefit of earning rent as well as increasing in value makes it a doubly profitable venture. For smart investors who do their research, invest in up and coming areas and plan a long-term strategy, buy to let property investment can still pay off.

 

 

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Dr. Joe Johnson of Welfont – Serial Entrepreneur And Venture Capitalist Gets Another Homerun!

 

Fastest Growing Real Estate Brokerage in America

Winning the prestigious INC 5000 award for the Fastest Growing Real Estate Brokerage in America over a three year period is no small accomplishment, but for Dr. Joe Johnson, growing up a missionary kid in Brazil, it’s truly a dream come true.

Johnson, a competitive swimmer in college and captain of his swim team seems to run his business with a heads down and swim for the finish line manner. So, when Johnson saw in year three, that his startup venture, (Welfont) stood a very real chance of placing high in the INC 5000 standings, he and his team put their heads down and in 2017 went all out to finish strong and by year end amassed an astonishing 11,359 percent three-year growth rate. To understand how Welfont got to where they are today, it helps to better understand the journey of Johnson’s life. He started his first business, a landscaping company, while still in high school. He had a truck and earth moving equipment but wasn’t old enough to get a driver’s license. But obstacles like these were just minor inconveniences to him. The solution was simple. Improvise. He just hired kids a little older than him who had their drivers license and he was in business.

Early Bankruptcy

Armed with more enthusiasm than business sense, by age 21 his vision and sales far outpaced his financial and staff resources as well as his operational processes. As he is quick to admit, “Out of pure incompetence, by the time I turned 21 years old, I went bankrupt.”

After Johnson went bankrupt at age 21 (on his lawyers’ recommendation), he worked other jobs and eventually earned enough money to pay off the creditors that he was no longer obligated by law, to pay. Somewhere along the way, Johnson had come to learn that a good name is more important than wealth.

 

First Turnaround

Upon graduating from college, Johnson mailed out 2000 resumes applying for the position of CFO. He received four requests for an interview and exactly one job offer from a failing $12 million tech company which he quickly turned around and was sold for a handsome profit. Doing things on a big scale became the hallmark of his storied career, including earning his doctorate at age 41, in Entrepreneurial Leadership from Regent University.

More Turnarounds

Johnson took over the reins and re-launched the struggling SUCCESS Magazine with a new team, which won “Best Design Launch of the Year Award” and gained over 500,000 in print circulation and was subsequently sold for millions of dollars. It was this type of success that fueled his desire to become a venture capitalist and enjoy more of the fruits of his labor.

That opportunity came in 2011 when he bought an insolvent real estate training company, making it wildly successful, earning a seven figure profit in just the first quarter.

Get Motivated Seminars

But fast forward to 2012, when the opportunity came to buy his former employers flagship company, Get Motivated Seminars, Johnson leveraged his previous success and went “all in”. Unfortunately, the previous owners were in a bitter divorce, greatly complicating the transfer of ownership. By year end, it was over, and the doors closed for good.

Down, But Not Out

Johnson’s love of real estate had become deeply ingrained into his psyche. In 2014, he began a consultancy helping nonprofits utilize the tax laws in Section 170 of the IRS code to acquire underutilized commercial real estate assets. It was the beginning of what became known as the Welfont Group of Companies. It soon became apparent that he could help a lot more folks and build a solid business by adding commercial real estate brokerage to the services his company could provide. Within 36 months, transaction volume grew to hundreds of millions of dollars, becoming the fastest growing real estate brokerage in the history of the Inc 5000.

Success is a Journey

Over the years Johnson, now 43, has created hundreds of jobs through various start-ups and turnarounds while earning his MBA and PhD, personally funded over 15,000 microloans in over 80 countries for underprivileged entrepreneurs, saved one of America’s oldest and best loved business magazines from bankruptcy, acquired over 10 million square feet of real estate nationwide and most recently not only ranked in the INC 5000 as the Fastest Growing Real Estate Brokerage in the country, but also ranked #16 in the top 20 fastest growing companies of all types.

 

 

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Invest Into Real Estate Market with Smart Tips

Prabhadevi In Mumbai

Prabhadevi is one of the exotic locations in Mumbai. It is small fashionable Southern vicinity in Mumbai, which connects the Arabian Sea in the West, Shivaji Park Residential Zone in the North and Worli in South. It is linked up nearing to markets, schools, railway station, bus stand and showrooms. A leading signpost is Lord

A Lot of Night Life To See And More

Things to Consider before Investing in the Real Estate Market

# Check your budget

First thing to consider is to understand if you can really afford this investment of property deals in Mumbai. Investing into Mumbai real estate is a costly option for which you have to estimate your budget. Obviously, you can seek loan for investment yet you will have to really think if you can repay the loan on time. Remember, it is a big obligation and so you have to decide on properly before laying your hands at it.

# Make a complete study on the property

Although Prabhadevi is a good choice to invest, yet you should make a complete study about the investment. This goes well for every property you purchase. Prabhadevi real estate guide will help you to know about.

  • Prices of the homes
  • Condition of the property
  • Neighborhood
  • Tax Laws
  • Real Estate Opportunities,etc.

Being aware of all the issues, your investment will not turn out to be flop. The more information you can gather, the better your real estate investments will be.

# Begin with small investment for low risk

Do you want to invest big to sell and purchase properties quickly? If yes, then ward off your idea simply. This is not at all right when investing into the real estate market. If you look at the successful investors, they start with small investment. Afterwards they sell suchproperties at profitable rates after living for some time and then renovating the property. Therefore, you can follow the same path. The other alternative is purchasing one of the luxury apartments Prabhadevihaving tenants and rent further. These low-risk investments might not seem to you exciting,but can be the way to acquiring wealth. Additionally, low-risk investments will have no fear of landing you into debt.

# Make your investment a business

Complete by formulating a business plan. Successful investors in their life have run investments as a business. They formulate a proper plan to assist them in the process. Even they establish goals for businesses than simply making money from the properties. More professionalism you maintain, the possibility to get success from your investment will be higher.

# Consult a real estate company

Another consideration point is looking for a reputable real estate company. While selecting a company, check for its goodwill in the market and knowledge about the property you want to purchase. For example: if you desire to buy a 2/3 BHK Prabhadevi location then you should make sure they give you complete details about it. A good real estate company as can help you in the process in every way.

 

 

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The Ultimate Moving Office Checklist

Office Relocation Can be Difficult

Office relocations are by no means straightforward. There is a lot pinned on ensuring the process is smooth so that business can run almost as normal throughout the move. If you have been charged with organising the moving project, then you might be feeling the pressure. Follow this ultimate moving office checklist to keep you on the right track!

Recruit Your Co-Workers

The move cannot be a one-man project so it’s a good idea to appoint reps from each department to help break down the process into manageable chunks. The number of reps will depend on how big your office is with the aim of minimising the pressure left on one person. The departments should meet independently to coordinate a comprehensive plan of everything they need and want in the new office, and this information should be passed on to the project leader. Note, even if you’re looking at hiring a company to complete the move — there’s still a LOT to be done before the team shows up on the day and after they leave at the end of the day!

 

Keep everyone in the loop about the moving plans where necessary to reduce anxiety, allowing everyone to focus on their work, knowing how the plans are evolving,so everyone is informed.

 

Get A Feel For The Space

It’s hard to plan a full-scale office move if you have no idea what the space you’re moving to looks like. Get a hold of a floor plan of the new place and work out what the measurements are. The floor plan will act as a guide to planning how to organise and decorate the new space. As well as desks, chairs, and computers, you need to consider other things like carpets, lights, blinds, or partitions to break up the space. When you’re planning, use different colours for each department to mark out the use of the space, and add more detail by adding different numbers to correspond to the space for individual employees.

Think About Finances

Taking into account all of the needs identified by each department and the requirements established from the floor plan, devise a budget that is broken down into categories for different expenses. This should include costs like moving and setting up equipment, purchasing new furniture and decor, and updating your marketing materials or stationery with the new address.

Mark Your Calendar

Constructing a calendar of deadlines for each task is vital to keep the project flowing and on-track. Using shared online spreadsheets with your plans will allow you to keep everyone informed of their roles so no task runs behind schedule.

Moving Services and Safe-Keeping

Booking a removal company should be done as soon as you can so the moving process doesn’t slow down, and so you can take your pick without having to compromise because you are late to the party. Pick your company carefully based on pricing and reviews and whether they are able to provide you with any other help you’ll need. If you have equipment or furniture that you’d like to keep but don’t want to clutter your office space, you can use a self-storage unit for long-term safe-keeping. This is also a great option for storing things mid-move while you’re packing up so they don’t get in your way or damaged.

Send Out Notifications Of Address Change

Your clients, suppliers, utility providers, bank and insurance companies will all need to know about your change of address as soon as possible. Any business cards and marketing material will also need a makeover to reflect your new location. To catch anyone who tries to contact you at your previous address, a postal redirect and call forwarding to your new premises is necessary.

Pack Everything Up

In the few weeks leading up to the official moving day, delegate packing tasks amongst members of the office. Ask all your employees to take home their personal possessions to help declutter the office and make the packing task simpler. All of the packing boxes should be labelled with what’s in them and where they are to go in the new office. Colour code the boxes according to department and note the employee number where necessary.

Preparatory Set-Up

Streamline the move-in by installing electric cabling and data points, functioning bathrooms and kitchen, lighting and heating before all your office equipment and furniture is moved in. With everything set-up and installed prior to move-in day, it will be a simple case of linking things up come move in day.

Last Steps

  • There are a few final steps you’ll need to take before moving day.
  • Firstly, avoid last-minute panics by collecting the keys or access codes for the new building and office.
  • Next, make sure you know where the removal company can park on the day.
  • And finally, create a comprehensive itinerary for the day which you should give to all your team.

The Move

Moving day may be strenuous so minimise the strain by preparing yourself. Packing a moving day kit is a good idea – fill it with a first aid kit, snacks, and water to keep your energy levels up. Hand your movers your contact details and your floor plan with the colour codes for the labelled boxes. On arrival at the new office, have your camera at the ready to take pictures of the premises, looking out for anything to report to the landlord. After the movers have unpacked everything, ask the representatives from each department to check over their sections, making sure everything is in place and undamaged. Organise cleaning services to attend to your old premises before you return the keys.

Run A Trial

When moving day is over and your employees have returned to work, trial working in the new office space for a couple of weeks – ask for feedback from the employees on the facilities, the layout, and the feel of the office. Make changes where necessary to achieve the ideal working environment. This moving office checklist will help you construct a smooth moving project, addressing any issues along the way!

About the author

Carol is a freelance writer for Storage Vault Coatbridge and is absolutely bonkers about storage and productivity. If not writing lists, press releases or blog articles — you can find her exploring the Scottish highlands with her Macbook and notepad looking for inspiration and adventure.

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Real Estate Meets Blockchain – Wall Street

Blockchain, the technology root cryptocurrencies such as for example Bitcoin, has entered many industries including estate that is real it promises increased effectiveness and transparency.

A Blockchain is a digitized, distributed ledger that immutably records and also shares information. By recording and also combining transactions as a decentralized, protected ledger system, it makes a chain of written record data that no one party could control or even alter. The value of Blockchain lies in the system’s ability to authenticate and also track transactions in real-time without the need of an alternative party. Within the real estate business, Blockchain technology has been useful and used for numerous applications.

Online real estate market

Blockchain technology introduces a new way to trade genuine estate, allowing faster, more effective and cost-effective transactions. By tokenizing properties, these are turned into liquid assets and can be traded easily much like stocks on an exchange. Blockchain additionally permits for fractional ownership, allowing numerous investors to get a property and reducing the barriers to real-estate investing.

For example, ATLANT is having a platform that uses Blockchain technology to facilitate property and rental property transactions. ATLANT allows vendors to tokenize assets, essentially handling it like a stock sale, and liquidating that asset through a sale that is token the working platform. The collected tokens can be exchanged for conventional currency, with buyers having a percentage stake of the home.

100Mio CHF Swiss ICO

At the same time, Swiss start-up Crypto Real Estate is searching to place genuine estate assets onto the Blockchain to create transparency, data integrity and cost efficiency to real estate asset administration and deal. The business is building a platform that will be running on the so called SwissRealCoin SRC, a token supported by a profile of Swiss commercial home as well as other collateral like the technology platform that is firms. SRC is meant for a low-volatility and high-security token.

SwissRealCoin – How it works

Crypto Real Estate said it’s going to perhaps not charge any management costs, using its profits from the actual property management rather. The startups is looking to raise up to CHF one hundred million in an initial coin offering ICO

Property management and land-registry

Real-estate-property-transfers are authorized on a Blockchain, enabling review facility for outside stakeholders as well as decreasing system of government times as well as expenses. Blockchain could also be used to document land titles plus assist link between public administration as well as confidential stakeholders for information as well as data sharing.

Whenever a transaction is documented on a Blockchain, the identification of the seller plus buyer, the identifier that is unique of asset as well as enough time stamp connected with the transaction are assured and cannot be changed. In this scenario that is particular Blockchain enables to considerably cut the traditionally long process of recording as well as moving games, using the extra benefit of full transparency.

  1. The UNITED KINGDOM government has recently established plans to go the United Kingdom’s land registry to Blockchain by 2022, under a project called Digital Street. Sweden and Ukraine, Dubai as well as also Republic of Georgia are typical reportedly trialing Blockchain.

Blockchain may also be utilized to assist landlords as well as home managers handle their property portfolio much more effortlessly. For example, Smart Tenancy Contract is online software that utilizes a system of smart agreements to allow quicker reconciling cash-flow transactions for rent payments as well as property expenses all the whilst giving you full transparency as well as controls for managing as well as approving property expenses.

Smart Tenancy Contract

In the system, a smart agreement replaces the standard tenancy agreement from a landlord and also tenant. The contract that is smart the key attributes for the tenancy for example property details, tenant information, rent amount and payment frequency. It’s digitally signed by both parties and also published for a Blockchain. The contract that is smart be programmed to instantly debit the tenant’s account on a monthly basis to cover lease.

 

 

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How to Successfully Market Your Bar or Club

Marketing Your Bar or Club

Building a customer base is easier than ever in the digital age, but marketing a bar or club can still be tough. If you live in a well-populated area, chances are there’s a lot of competition from other cafes and bars, whereas if you’re the only one for miles, you will struggle with lack of footfall. What’s more, people have certain expectations when they come to a bar. Most people are reluctant to spend money on a new business, as they don’t know if their consumer needs will be met. As the owner, it’s your job to convince them they’ll have a great experience, and you do this through dedicated marketing. Here are five steps to help you make an impression.

Know Your Brand

Just like any other business, your bar or club needs a brand. So before you market your business (or ideally before you open your doors), you should know these three things: what you do, who you do it for, and what makes you stand out. In other words, you should come up with a concept that’s as niche as possible, for example, locally brewed craft ales, and then identify your target market. Your USP (unique selling proposition) is what makes your business stand out from the competition. Make sure every piece of marketing material you put out there reflects your brand and ethos, from your menus and signs to your social media posts.

Perfect Your Website

These days, if you want to market your business successfully, you need a functional website with responsive design so people can use it on their phones and tablets. This website needs to be clean, precise and easy to navigate. What’s more, your home page should include photos of your establishment, so people know what to expect when they visit you, and your contact details should be clearly visible. If your interiors are looking shabby, you may wish to redecorate or invest in some new pub furniture and have professional photos taken.

Optimise Your Signage

Signs both inside and outside your establishment can generate lots of business, so it’s worth investing in a graphic designer to make yours stand out. Everything from your menus, receipts, promotional boards and outdoor signs will help promote your business, so be sure to capitalise on these opportunities.

Boost Your Online Presence

What do most people do when they’re looking for somewhere to eat or drink? They look online. Therefore, you need to make sure your bar or club appears in search engines and on social media so you can connect with prospective customers. Your contact information, opening hours and menus should all be easy to find. If you serve food, you want to enable online reservations to make booking a table even easier.

Monitor Your Reviews

Reviews can make or break a business, so it’s important to take them seriously. Monitor your pages on Google and Trip Advisor, and take time to respond to comments – both positive and negative. Doing so gives you control over your reputation and helps you deal with any complaints head-on. Keeping in touch with your customers will help foster conversation about your business and show the community you care what they think.

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Can A Person Use a Trust to Keep Mineral Rights out of Probate

A living trust is an ingenious way to keep your real property out of probate and transfer it cleanly to your beneficiaries. However, this method only works if the trust is “funded” by the transfer of your estate’s property into the trust. Failure to fund a trust will cause it to fail, and your property will end up having to go through probate. If the trust is funded, though, you’ll be fine. But what about less conventional forms of property, such as oil, gas, and mineral rights? These interests in real estate can be placed in a trust, too, but the exact process that must be followed depends on the nature of your rights. A lawyer, like Adam Leitman Bailey, can help you make sure that you set up and fund your trust properly, but the topics below can give you a good basic understanding.

What Kind of Mineral Rights do You Own?

The first thing you need to figure out is the nature of the mineral rights that you own. For example, do you own the rights in the actual real estate – do you own the land the oil, gas, or minerals come from? Alternatively, do you own a right to royalties based on the proceeds of any minerals collected? The type of mineral rights you own will determine if and how you can place them in a trust.

How do You Transfer Mineral Rights to Your Trust?

If you actually own the real estate holding the valuable resource, then the process is actually fairly easy. All you have to do is have your lawyer draft a new deed by which ownership in the land is transferred from you to your trust. Your lawyer will also need to make sure that the new deed is recorded with the county clerk after it’s executed.

If, on the other hand, you own a right to resource deposits separate from the land itself, or if you own a right to royalties from the proceeds of the resources’ sale, then you have to assign these rights to your trust. This process may require contacting the company that issues your royalty payments to ask about their process and rules for assigning rights.

Conclusion

You shouldn’t try to figure any of this out on your own. If you make a mistake, it could cause your trust to fail and your property to be subjected to probate. This will end up defeating your wishes and costing your beneficiaries. Therefore, it is crucial that you contact an experienced estate-planning lawyer to help you determine the type of mineral rights that you own, and what specific processes are required to transfer those rights to your trust so that it is properly funded and functions to transfer your property to your loved ones as intended. If, for whatever reason a trust isn’t the right estate planning method for you, then an experienced estate-planning lawyer will be able to determine this, too, and stop you from making a costly mistake.

 

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The truth about advanced commission in real estate that every professional need to know

Adults desire financial security more than any other thing in this world. People, especially real estate agents, sometimes have to wait for months for their rightful commissions. That can be demotivational for the professional and detrimental to his business. Business with money usually results in downtime that costs money and opportunities. Realtors might want an advance for advertising and marketing of their next open house, or they might simply want to upgrade their office space. In such instances, nothing helps more than commission advances.

Bigger advances for the bigger sellers

Did you know? The big sellers often get bigger advances. If you are a real estate agent or a realtor, who closes about 10-12 deals a year, you will be eligible for a bigger cash advance. Smaller agents who close about 3-5 deals only are usually eligible for smaller real estate cash advance amounts averaging $2,000. Although, the company will not check your credit records or your loan histories, they will check your ability to close these deals and maintain your commitments.

Quick solution to long-term money woes

Thankfully, the advance is quite instant, and the approval takes only a day maximum. You do not have to pay interest. You sell your pending commission at a flat fee to the advance commission company. You can apply for a listing advance; then when a seller shows interest in the open house and when you manage to close the deal, you can switch it to a pending sale advance. This will get you a larger amount for a smaller fee since it offers more security.

Pocket-friendly solution for pending commissions

A cash advance should not cost you an exorbitant amount. It should be a fixed percentage of your commission. In case the sale falls through, you can always look for new buyers. In the meantime, the company will charge you a nominal extension fee until you close the sale again.

Get advances for multiple listings and multiple pending commissions

There are cases when realtors come with 2 or more than 2 listings. Companies can try to limit the number of listings per realtor, but ideally, one realtor should be able to claim advance against multiple listings. There should be no minimum amount or maximum threshold of advance that the company can impose. A good company has transparent fees and candid policies about their lending limits per person. As we have mentioned before, the limits depend upon the professional performance and not on the credit scores or on the number listings up for advance.

No matter how many times you have already taken out advances for your pending commissions or how often you think about doing it, you should always check the details of the advanced commissions company. Read the fine print of their policies and check for hidden costs. The best are the companies that only cater to real estate professionals only. They can understand the individual needs of every realtor and real estate agent, and design their policies as per their convenience.

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