The question that puzzles many would be buy-to-let investors is where to buy investment property in the UK? There are many novice property investors currently being taken in by the tales of the past glories of successful investors. They are living under the assumption that just by imitating how someone became a property millionaire in the nineties; they can achieve the same level of success today.
There is no disputing the wealth of some of these property tycoons that started their empire years ago. Bright eyed investors watch TV shows and see the kind of houses these people live in and the sorts of cars they drive and then jump headlong into imitating their strategy, without really understanding that the property market is very different now to what it was then.
If you bought a property ten or fifteen years go in almost any location in the UK the likelihood is that the rent would cover the mortgage. These days we don't have such a luxury and every investment decision needs to be taken carefully and prudently adding up all the figures to make sure that you are not going to be out of pocket.
This is the fundamental problem that arises when you purely imitate a strategy from the past without fully understanding what you are doing and the implications of your actions. The TV shows are not realistic. Yes, there is no doubt that these wealthy individuals have made an absolute fortune years ago, but that does not mean that if these same individuals started today from scratch with exactly the same strategy, that they would end up making the same amount of money again.
For example, many investors made their fortune in the nineties through buying off plan properties. At the time they made the majority of their money it was simply a case of putting down a deposit and sitting back and when the time came for completion 12-24 months later you could virtually guarantee a very healthy profit.
This is simply not the case today. Off plan properties have become over saturated, with some developers now building not with the owner occupier in mind, but with the property investor in mind instead. Apartment blocks are coming to completion and are being valued at less than what investors paid for it at the off plan stage.
Property investors all over the country who don't do their due diligence are making huge mistakes, because they are simply following the wrong strategies in their quest to build their portfolio as quickly as possible. They fail to grasp that a major key with making money from property is knowing your market. Knowing whether it is the right time to buy off plans or to buy established properties, knowing whether the market is right for you to sell your properties or whether you should be renting them out.
Today's investors have to learn how to respect the current market conditions. He has to learn how to adapt to whatever the market throws at him. They have to be exceptional at doing there own due diligence. In today's property market the question should perhaps no longer be - where to buy property? As on paper hardly any areas in the UK make financial sense to buy to let in. The question should rather be, how much below market value can I buy property in any location, so that the figures add up and it becomes financially viable?
Carlton Johnson is an entrepreneur, property investor and author who specialises in helping others to reach their financial and personal goals through property investing and Internet marketing. For more information on property investing and developing in the UK you can visit his website at:
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Sony Ericsson has brought a fabulous gift for all the music lovers in the form of the latest Sony w810i mobile phone. The Sony w810i model is an upgrade of the Sony W800i model with significant improvements in the features, such as the new keypad, stylish navigation button and soft keys.The Sony w810i is a stylish music player offering music of enhanced quality!
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A spin-off of the popular TV series Everybody Loves Raymond, King of Queens first hit the airwaves in the Fall of 1998. The show follows the life of Doug Heffernan (played by comedian Kevin James), a package delivery man for IPS (far different from UPS for you litigious-minded readers out there), and the show utilizes much of the same marital and relationship humor found in Ray Romano's blockbuster sitcom. With seven successful seasons under its belt, and even more yet to come, King of Queens is a hilarious comedy series well worth one's time and attention
King of Queens revolves around the life of Doug Heffernan, a hard-working, sports-loving parcel delivery man living in Queens, New York. In his thirties, and married to a lovely woman named Carrie (Leah Remini - who played Carla's daughter on the hit show Cheers), Doug spends most of his non-working hours basking in the glow of his state-of-the-art 70-inch TV with two buddies who share his fanatical love of sports, Spence (Patton Oswalt) and Deacon (Victor Williams). But Doug's personal paradise suffers a devastating blow when Carrie's widowed father Arthur (Jerry Stiller of Seinfeld fame) moves in with the couple. Doug's TV fantasy room is converted into an in-law suite, and after several failed relocation attempts, the TV is pushed into the garage Now Doug and Carrie must learn to share their palace with an eccentric, and oftentimes annoying, father/father-in-law with a penchant for messing up the couple's well-grounded routine
The King of Queens (Season 2) DVD features a number of hilarious episodes including the season premiere "Queasy Rider" in which Doug buys a motorcycle, clearly violating Carrie's stated wishes. As part of a plan to get Doug to sell the motorcycle, Carrie takes up smoking, telling Doug that she'll give up cigarettes when he gives up the bike. But when Doug sells the bike, Carrie's guilt causes her to buy it back, resulting in some unintended consequences Other notable episodes from Season 2 include "Parent Trapped" in which Deacon and his wife Kelly ask Doug and Carrie to be the godparents of their newborn (they decline, but then regret doing so), and "Net Prophets" in which Doug and Carrie invest their Christmas bonus in the stock of an online company they know little about
Below is a list of episodes included on the King of Queens (Season 2) DVD:
Episode 26 (Queasy Rider) Air Date: 09-20-1999
Episode 27 (Female Problems) Air Date: 09-27-1999
Episode 28 (Assaulted Nuts) Air Date: 10-04-1999
Episode 29 (Parent Trapped) Air Date: 10-11-1999
Episode 30 (Tube Stakes) Air Date: 10-18-1999
Episode 31 (Doug Out) Air Date: 10-25-1999
Episode 32 (Get Away) Air Date: 11-01-1999
Episode 33 (Dire Strayts) Air Date: 11-08-1999
Episode 34 (I, Candy) Air Date: 11-15-1999
Episode 35 (Roamin' Holiday) Air Date: 11-22-1999
Episode 36 (Sparing Carrie) Air Date: 11-29-1999
Episode 37 (Net Prophets) Air Date: 12-13-1999
Episode 38 (Party Favor) Air Date: 01-10-2000
Episode 39 (Block Buster) Air Date: 01-17-2000
Episode 40 (Frozen Pop) Air Date: 01-24-2000
Episode 41 (Fair Game) Air Date: 02-07-2000
Episode 42 (Meet By-Product) Air Date: 02-14-2000
Episode 43 (The Shmenkmans) Air Date: 02-21-2000
Episode 44 (Surprise Artie) Air Date: 02-28-2000
Episode 45 (Wild Cards) Air Date: 03-06-2000
Episode 46 (Big Dougie) Air Date: 04-17-2000
Episode 47 (Soft Touch) Air Date: 05-01-2000
Episode 48 (Restaurant Row) Air Date: 05-08-2000
Episode 49 (Flower Power) Air Date: 05-15-2000
Episode 50 (Whine Country) Air Date: 05-22-2000
Britt Gillette is author of The DVD Report, a blog where you can find where you can find more reviews of movies and TV series. Source:
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