Welcome to the first newsletter for 2011.
We got the year off to a great start by having Kevin Green as our Special Guest Speaker in January. He got everyone who was there to see him motivated and inspired to make 2011 a great year.
More recently, interest rates have been held again this month, but it's reported that 2 members of the Board of the Bank of England wanted to increase it by 0.25%. That was before the announcement earlier this week that inflation is now at 4% - double the Bank of England's target.
It looks likely then, that we will soon be seeing an increase in the base rate, and the beginning of the end of the great rates, which have been boosting our cashflow! So, if you have been putting it off - NOW really is the time to look at how you can bolster yourself aginst that, either by reducing costs, or increasing income.
On the subject of Banks, I found these couple of quotations I thought you might like:
"Banks will lend you money if you can prove you don't need it."
"A banker is a fellow who lends you his umbrella when the sun is shining and wants it back the minute it begins to rain."
Both of these from Mark Twain (1835-1910) - so nothing much has changed in the last 100 or so years then :-)
New Articles on the website:
Sally Lawson
Sally was our special guest speaker at our February event, where she gave an isnpiring and thought provoking talk about her own success and how much serious money there is to be made managing other people's property.
You can access a recording of a webinar Sally did with Simon Zutchi, and get details of her offer to help you, here..
http://www.northeastpropertyforum.com/2011/02/sally-lawson/
The Buy to Let Estate Agents
In her talk at our February Event, Sally Lawson spoke of how her company offers an additional service to their Landlords of sourcing and selling properties.
Through our Partners, The Buy to Let Estate Agents, you have access to a specialist company who offer the facility, especially for Investors and Landlords.
Read the full details of what they offer here...
http://www.northeastpropertyforum.com/2011/02/the-buy-to-let-estate-agents/
Chasing Debtors
A great service from our Partners ... BACK Collect
If you're a landlord you know how frustrating it can be getting your rent, service charges or dilapidations paid. You also know how expensive it can be to chase payment.
Get the full details here..
http://www.northeastpropertyforum.com/2011/02/chasing-debtors/
Capital Allowances
If you are a Commmercial Landlord, and that includes HMOs, then you need to check out this new service from our Partners Robson Laidler.
Download the brochure the find out why...
Setting Up a Letting Agency
We have not one, but 2, detailed articles from John Paul of the Castledene Group,about how to successfully set up and run a Lettings Agency. He should know, as he has grown his to over 1000 properties under management, in an incredibly short time.
You can access his articles here...
NLA North East Branch Meeting - Monday 28 February, 2pm
Newcastle City Council Article 4 Powers and Selective Licensing
The NLA locally has arranged a special meeting at the Civic Centre, Barras Bridge, Newcastle upon Tyne on behalf of members who either have or are thinking about buying property in Newcastle.
The planned measures mean that landlords will need to apply for planning permission to let property to 3 or more people sharing, where the property was not previously rented by 3 or more individuals.
Read the full details here ..
http://www.northeastpropertyforum.com/2011/02/nla-north-east-branch-meeting/
Trainings:
The 3 Amigos (Shimon Rudich, Richard Shepherd and Hanif Khan) have just released a new video about No Money Down.
There's no sale, no pitch (yet!) but this is a contentious, & informative video!
You can access it here.. https://bluetree.infusionsoft.com/go/LOMICV1/karenr
Forex Trading
Coming soon - a training programme created specially for the North East Property Forum.
No overly-hyped, expensive weekend workshops at some far-flung destination, just down to earth training in how to use Forex Trading to generate an additional income.
Next Event
Our next networking event is on Wednesday 9th March, at the usual venue, and our Guest Speaker for the evening will be Shimon Rudich talking about the many ways to use Options to profit from property.
Get the full details, and register your place here.. http://www.northeastpropertyforum.com/events/march-event/
Please do add your comments about any of the articles to the website.
Article Courtesy of Karen Rutter @ North East Property Forum