MAY 2012 NEWSLETTER
In this month’s newsletter:
- Investing in the USA
- Watford networking and seminar
- Agency MOT’s
During a sleepless night a couple of weeks ago I was looking for topics for my seminars which I always keep fresh and interesting and discovered a chap in the USA doing ‘day trading real estate’ which intrigued me.
This terminology was American BS for what I did 30 years ago, back to backing a purchase and sale. Even then it was an art form and required a very fleet of foot sporty solicitor which would be impossible to find today and the only one I ever found is now in the great land registry in the sky.
This did alert me to American property opportunities and during another sleepless night I found myself on the Century21 site. They are the world’s largest real estate franchise and the statistics and prices contained there were an eye opener.
The next week I visited the Property Investor show at Excel in London and spoke to American exhibitors who alerted me to even more opportunities.
After further due diligence I am now in the market and looking for my first property. The assumed returns are high and the quality of property looks good.
I have the management arranged and with the aid of Google maps and some very informative statistical websites that I have located I am feeling very confident and have several locations in mind.
So look out Uncle Sam I am soon to be sending you some English Pounds and starting to build my portfolio.
I will keep you posted as to my progress in next month’s issues of my newsletter.
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Watfords Park Inn Hotel is the venue for Mike Samuels’ Residential Property Networking Event on Monday 14th May from 6pm.
I have been hosting successful ethical networking events and seminars in Manchester for more than two years and shares more than 30 years of experience as an investor and consultant both in the UK and Europe.
At 6pm there will be registration and networking followed by a mini seminar some Q and A, food and more networking.
The cost is £25 per person and please complete the form to book.
I deliver user friendly seminars on a mixture of topics for both the investor, landlord and agent
Topics include:
- Ways to source discounted property
- Effective use of the internet
- Negotiating the best prices
- Ways to speed up sales and lettings
- How to attract more landlords and keep them
- Keeping repair costs under control
- Increasing market share
Please book early to help with catering and if you would like to sponsor this or one of our other events contact mikes@greatoakcapital.co.uk
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My consultancy work ensures that for various reasons I keep in contact with estate agencies nationally.
Regional variations in the attitude of the people working in the agencies is enormous and its within the first few seconds that your opinion of the agency is formed.
People in the south, I regret to say, are always in a rush, some just have no time for your ‘intrusive’ call, especially when they are checking their Facebook on their I-Phones.
There is a saying that if you commit a crime twice it no longer seems like a crime. So if you are rude on the phone it becomes the norm.
It really is just as easy to smile, and answer with a friendly greeting which will elicit a similar response from the caller. The person ringing IS the most important person at that time and it’s up to you to make them feel important.
Agencies give new staff an induction but often fail to give the staff an MOT which should be done regularly to help them engage and succeed.
I will return to this topic as it is the subject of part of my seminar ‘The Calculus of Successful Property Management’ and one of my pet hates.