Product Description

This brand new property investment guide tells you everything you need to know about investing in off-plan and new-build property.

It's written by two industry insiders who have been involved in over £100 million of off-plan property purchases in the last four years.

In this unique book these two experts share all their secrets and provide a fascinating insight into how you can make big money from off-plan property... and avoid all the pitfalls along the way.

This book is therefore essential reading for anyone interested in off-plan property or property investment in general.

What Information is Contained in the Guide?

How to Profit from Off-Plan Property takes a candid look at all the important issues facing off-plan property investors and provides a wealth of insight that cannot be found anywhere else:

* Real-life examples of investors who got it right and have made big profits from off-plan property .
* ...And real-life examples of investors who have got it terribly wrong – learn from their successes and failures.
* Step-by-step guide to buying off-plan property and all the traps to watch out for along the way.
* The tremendous advantages of off-plan property over other buy-to-let.
* How to buy property at a genuine 15-20% discount and avoid sham discounts.
* A very detailed look at the unique risks of off-plan investment, including unethical developers, 'investors ghettos' and lots more.
* The different types of off-plan property, from the most lucrative but risky to the more conservative.
* A-Z of choosing the best off-plan property and making profitable investments.
* How using a property investment company can help you boost your profits and provide big cost savings.
* How to avoid all the crooks and unethical companies in the property investment industry.
* Everything you need to know about off-plan property mortgages.
* How to succeed with back-to-back deals and assignable contracts.
* How to invest in overseas off-plan property.

Product Details

• Amazon Sales Rank: #175614 in Books
• Published on: 2005-11-09
• Original language: English
• Number of items: 1
• Binding: Paperback
• 156 pages

Synopsis
This unique new book is a must read for anyone investing in off-plan property. Inside you will find out everything you need to know about these exciting and lucrative investments, including how to source the very best investment deals, how to buy off-plan property at a genuine 15% discount, how to learn from others' successes and failures with real-life examples, how to avoid all the pitfalls and dangers, everything you need to know about financing off-plan deals and the advantages and drawbacks of using a property investment company.

About the Author
Alyssa and David Savage are the co-founders of Hattan and Grand, a property investment company which sources off-plan and new-build properties for private investors.

Over the last four years they have been involved in the purchase of over £100 million of off-plan and new-build investment property.

Customer Reviews

Forewarned is forearmed!



This is an excellent Tax Café guide, which I would advise you read sooner rather than later!

The book concentrates on Off Plan purchasing mainly in the UK but also abroad. However many of the basic principles are applicable to many other Buy To Let or Property investments.

Written by Alyssa and David Savage of Property Investment Company Hattan and Grand the book outlines the major pitfalls that many investors have fallen foul of when buying off plan during the last few years.

In some ways this makes grim reading but serves to highlight just how little some investors understood before exchanging contracts and committing themselves to purchases.

Comprehensive information is given about developers discounts and an explanation of the importance of an independent RICS valuation.

The reader then learns on a step by step basis everything they need to understand the process and make the best use of their money.

There is a very clear section on Buy To Let Mortgages and their essential function in the whole process. Particular emphasis is given to the size of the deposit an Investor may need if the rental valuation is insufficient for the hoped for loan.

Clear examples of every point needs some concentration to work through but are worth the effort to gain a real understanding of each topic.

The book is an in depth but accessible and comprehensive "how to do it successfully manual". There are practical hints and tips about all aspects of the process including assessing letting potential for those wishing to keep the property.

There are very useful formulas for deciding whether a purchase is viable, a clear explanation of the whole buying process, tips on snagging and options following purchase.

In addition the final chapter on buying abroad is a good introduction for any Investor considering taking this route.

A glossary of terms at the end of the book is an excellent idea as there is a certain amount of technical jargon.

As a relative novice having narrowly avoided the pitfalls I found it a great read!

In fact surprisingly, given my experiences I went on to purchase some build complete property and am considering off plan purchases abroad. This book really helped me to gain confidence in a complicated area. If they say knowledge is power then yes I felt empowered by this book. I would also go as far as to say knowledge goes a long way towards PROFIT!

Further reading would be beneficial especially regarding tax implications as this topic is outside the scope of the book. Mind you look no further than Tax Café's "How to Avoid Property Tax"!

AMAZING
I HAVE INVESTED INTO OFFPLAN PROPERTY IN THE PAST AND STILL AM AT THIS PRESENT TIME. This book is perfect for a novice or even an experienced investor because it basically shows the reader pros and cons of each section. After each subject the author also gives her opinion and points out what mistake that investor made and what she would have done in their case.

Brilliant and well written

neilythere
This book is full of useful information presented in a way that is very easy to understand. The author goes to great lengths to explain each point, sometimes too much in my opinion. My only real criticism of the book is the price. At £25 I was expecting a large hard backed book but when a rather thin paperback arrived in the post I was somewhat disappointed.