After such a storming November where we matched 55 properties (approx £4m worth) to our client base December came in rather disappointingly.  We only managed to do 17 deals.  I think the reason for such a low number was because everyone shut down early for xmas (I was warned!).

 

Now Xmas is a great time to pick up bargains.  But when your property sourcers have given up then there is only so much you can do.

 

So what does this month hold?  Well I reckon it is going to be a corker.  There will be stuff trickling in to the market and by the end of Jan we will have a full flow and I hope to be doing 4 deals a day.

 

2010 is heralded as the year for property investment.  I have to admit we have all been saying that and really no one really knows that but with the interest rates so low and no sign of any real recovery I think low property prices (even though they are rising every month!) and lack of finance means bargains are going to be had.

 

For those of you who like to follow what I buy I have placed 4 offers last week:

 

3 bed flat £23k

1 bed flat £14k

2 bed terrace £25k

1 bed flat £15k

 

All mega yielders and just like the old days.  I know I will get knocked back on probably all 4 properties but you never know, I might get lucky with one maybe two  offers.  Would you be interested in prices like that?  My car costs more than all of those properties!

 

I have finished my book now and it has been sent to my publishers.  I am really excited about it and I will be giving you some of the content completely free. 

 

Speak soon.

 

Ajay

 

 

Posted on: 11th Jan 2010