Overseas Property: 10 Years of Free Holidays + Your Money Back – and more!

I know I have been banging on ever since the Property Extravaganza about RED and how it’s all about pensions and SIPPs – and it is.

And about how a self-employed person without a pension can create a really meaningful one in only 10 years with only £25k and no more often using the “free” money locked up in their existing paltry little pension – and that’s right as well.

But RED does all sorts of other interesting things too and this week’s story concerns 10 years free holidays for the price of one, plus your money back (guaranteed) plus the capital gain on your original stake.

Most people ask me to say that again when I tell them about it because it sounds too good to be true!   Can I just leave you to read that bit in bold a second time please?

Do you know what the average price of a family holiday is?   £3,600.

And with Red, £2,000 or £3,000 would buy you a two week “bit” of a property which is prime beachfront or golf-front in any of the Top 10 sunshine holiday destinations in the world where sunseekers and golfers holiday all-year round.

Your investment would entitle you to stay there for those two weeks for each of the next 10 years if you wanted to, or rent it out privately yourself if you did not or for only an additional £99 you could even swap it to go somewhere entirely different instead.

I know, sounds a bit like timeshare, doesn’t it?   But it’s not.  Because at the end of the 10 years, the property is sold, you get your original stake back PLUS your share on any capital uplift on the building.

For instance, if your £3,000 had bought you a stake in a leveraged beachfront apartment in Spain costing £250,000 and the property had doubled in value in those 10 years, you would be entitled to an additional £10,000 back.

So, let’s get this straight, Judith.

• I pay £3,000 (approximately)?   Yes.
• I get 10 years’ free holidays? Yes.
• I get my original £3,000 back at the end of the 10 years, GUARANTEED*?   Yes.
• Plus any capital gain on my share of the building when it’s sold, which could be anything from zero to £10,000 or more?   Yes.
• And I can do this as many times as I like?   Yes.
• And I can do this with multiple units without involving a SIPP at all – either for my private use or via the reinvestment programme where it compounds like gangbusters?   Yes.
• Or even mix and match – some for private use, some for reinvestment?   Yes.

*And what’s more, your original £3,000 stake is guaranteed by Lloyds of London never to fall below that in value.

I know.   The Red story just gets better and better.   And this is only the second chapter, there’s more next week and next week and next week, until I run out of delights to share with you.

Want to hear more about Free holidays?   After me!   Contact me judith [at] themoneygym.com for more information and a telephone consultation.

Next week: How to hoover up all those tedious bits of dreary ISAs, disappointing under-performing investments various including stocks and shares and savings accounts and so on and convert them into RED “bits” which give you a guaranteed return of 20% per annum, straight or compounded for an even more sexy return.   You have read the chapter in Nicola’s book about compounding, haven’t you???

RED – the only investment product we have yet seen where your original stake is guaranteed not to fall, underpinned by Lloyds of London.   Woo hoo!

Anyone Can Do It – Property Investing That Is!

What am I most looking forward to on Saturday apart from catching up with 200 of my favourite people?   What are my anticipated highlights?

Just one woman’s view but it might be useful if you are still sitting on the fence and are a last minute purchaser, still undecided?

Anyone Can Do It, opening inspiration from my mate Peter Stanley.

http://www.themoneygym.com/events/property

Handing over a HUGE cheque to those worth folks at The Big Issue, about which more tomorrow.   I am just loving the idea of a marriage between The Money Gym and TBI since they are so entrepreneurial in their approach to homelessness.

The Caribbean Dream by Katharine Wooller.   Most of her clients are making their first ever investment in an overseas commercial hotel unit which can create a substantial income from only a tiny deposit.

http://www.themoneygym.com/events/property

A short presentation about SIPPS in which I am anticipating Roger turning us all onto them – and not a moment too soon.

The prizes!   So many gorgeous gifts to give away.

One Networking Minute – my experiment to get 60 delegates on stage telling us about themselves.   Should be chaotic but fun, I have this image of something akin to The Generation Game!

Rick Otton and his Rent2Own/Lease Options strategies.   I ran a teleclass last Friday about this (and if you missed it, please email me and I will sort you out a link to it).  My intention was to give an overview of how you can buy a house for only £1.

http://www.themoneygym.com/events/property

Who would be good at this?   Anyone who can be taught (by me if necessary) to “get” the maths, creatives who love to look for the deal, people for whom this might be their only route into property ownership and good negotiators.   Any one of those, not all of them.

A testimonial flooded in after the call from Heather who is coming on Saturday:

“Thankyou for the recording of Friday’s teleclass. It was of great interest to me. The thing is I can think of at least 3 properties I have looked at in the past month which would be perfect to “control” in this way – properties I know I could rent out and easily cover the mortgage payment and some each month. It means that there is the potential to help people with very little or even no equity in their property which it would not be possible to do with the traditional BMV purchase. I think the most exciting thing is that there is the potential for monthly cashflow if that’s what you need, but also if you want to use this strategy for adding to your own portfolio some deals will be suitable for that as well, but without the need to immediately find a large deposit – perfect! I’m looking forward to learning more on the 21st”

By George, she’s got it! There are so many routes to making money and/or buying property using these techniques which are all in the negotiation. Rick has promised to put up some real worked examples so we can understand even more about this and how to do it.

I really love to see the penny drop and will be looking for that on your faces on Saturday. We also run a Money Gym special interest Google Group for all those involved in Rent2Own and if you decide to take this further, we will look forward to have you join us there. We can help you to get those few important deals under your belt.

Last but absolutely not least, the triple whammy of being able to meet Martin Roberts from TV’s Homes Under The Hammer who opens the presentation for Unique and Henderson. Two sides to the same business sharing one absolutely unique benefit – your capital  investment is guaranteed and underwritten by Lloyds.

Unique offer the chance to buy ten years’ holidays for the price of one average family holiday AND they throw in the capital appreciation of the unit you have bought AND the opportunity to take your holidays in your own unit, others’ units or not at all and take the rental income instead.

Henderson offer the same thing but multiple units with a reinvestment programme for the rental income which means you end up with a lot of overseas real estate and an income pot, all compounding nicely for you with that same capital guarantee underwritten at Lloyds again.

http://www.themoneygym.com/events/property

I haven’t met Kerry Welch yet who was one of the brilliant minds behind this one although I have met the rest of her team and I am much looking forward to seeing their presentation again. I know that this is an innovative opportunity that many will enjoy and take comfort from that guarantee.

Finally an explosive Q & A panel game where I really hope and expect we will grill the speakers so that they finally convince us what we know in our hearts, that now is precisely the right time to be finding a way – multiple ways – to invest in property.

See you there!

Judith

PS   Whilst writing this another handful of tickets sold, total now is 162. So if you ARE intending to come, please book now and bag your seat, your one moment on the stage, and lots of wonderful new ways to make your fortune/pension in property.

http://www.themoneygym.com/events/property

Teeny Tiny Pension?

Do you have a teeny tiny pension knocking about?  I do, and I get those annoying letters that tell me just how little it’s worth and what I won’t have to live on when I retire.

Mine’s worth the princely sum of £10,837 and that reflects the growth in the very few premiums I paid back in the late 70’s / early 80’s when I was sold a pension by Allied Dunbar.

I’ve largely never had the spare cash since then to put more in, and more recently the last place I would put my money is in a pension or the stockmarket!!  Property, business and passive internet income is my preferred route to retirement at the moment.

But it turns out that I can do something rather interesting with it now and, if you have a teeny tiny pension too (TTP), you need to pay attention now.

I can transfer my TTP into a SIPPS, which is a “self invested personal pension scheme” and I can do several even more interesting things with it.

1.  I can use it to buy commercial property

2.  I can borrow an extra 50% of the existing value – making it worth £15,000, and buy more commercial property

3.  I can club together with one or two other similar age people to buy commercial property with it

4.  The same applies about borrowing an extra 50% even if I club together with others

5.  We can buy property in the Caribbean with it that is going to appreciate dramatically in value AND generate rental income/profits

6.  All of which appreciation and rental profit is tax free and keeps growing in our SIPPS till we choose to retire.

Just visit here to watch two short presentations – no charge – that will tell you more…

http://www.themoneygym.com/harlequin/register.htm

So, if you are 47 and looking to retire at, say, 60, why don’t you get in touch with me at nicola@themoneygym.com and Judith and I will see what we can do for you.

Actually, if you are ANY age with a TTP, get in touch and we will put you in touch with others of the same age, and the bloke who can help you.

By the way, this is just one of the AMAZING wealth creation things we know about in the Money Gym, that you probably don’t.

Why don’t you think about joining Money Gym Gold before Christmas ready for a January start and let the Money Gym team make your 2009 your best year ever, financially speaking?

If you join now, you will not only save £1200 on the 2009 membership fee AND get a stonking new bonus – not available to the general public yet – worth £1750.  this is our brand new Money Gym Membership Site Bootcamp product, which will teach you how to turn £5 a month into £60,000 plus a year.  Perfectly achieveable you know.

Just visit Money Gym Gold, have a read, and pay the deposit to secure your place for 2009.

And then email Nicola [at] TheMoneyGym.com about your teeny tiny pension!