It's been quite a while since I last posted because I've been working on making this as easy as possible.

I think I have now achieved that

Please go to http://www.peterjones-online.com/BST.pdf and I'll show you how you can share in the extra-ordinary returns available without even having to use your own money

If you go to

http://www.gainmaker.com/buyDirect_001.html

you'll see some of the latest properties we have sourced - 5bed, 5 bath villas that were $400,000+ now from only $120,000

remember, these are just a sample

Here's a really sad story, but it shows what's happening and confirms that prices are stupidly cheap....watch past the make up ad and you'll see what I mean...houses that were $275,000 now appraised at $75,000..one that was $190,000 now appriased at $40,000...

and we can buy at around 1/3rd of the appraised value. Let's be realistic. If prices continue to fall will they go lower than 1/3rd of the appraised value?

http://cashupdate.blogspot.com/2009/02/living-on-foreclosure-avenue.html

Club House

These are pictures of a condo development where a bank have offered us 20+ units. When we get offers like this we have to move fast. In this instance we had to decide within 48 hours.

That's why part of this process is that we have to ask investors to transfer their monies to the escrow account in advance. Then we can move quickly when we have to.

If you want more details of how this opportunity works we have now put together a couple of PDFs which you can download from

http://www.gainmaker.us/assets/pdf/completed%20PDF/GainMaker-Brochure.pdf

and

http://www.gainmaker.us/assets/pdf/completed%20PDF/GainMaker-Frequet_questions.pdf

just right click and click 'save as'

To give you an idea of what's on offer we could probably have picked up the 20+ units for about $50,000 each against an appraised value of $110,000 each. Don't forget that if you then refinanced the mortgage would be assessed against the appraised value, meaning you'd easily get your intial investment out, have a cash back, have a readily rentable unit, and equity. Obviously we'd require a fee, and there'd be legal and other costs but you can see that there are still great profits to be made because we can buy in bulk so cheap.

Please email me on peter@gainmaker.us, subject line blog, if you'd like more info on any aspect of this opportunity

I'm back from the US and am convinced this is a truely amazing opportunity.

This window of opportunity will not last long because the new President has, rightly, committed to ease the numbers of properties being foreclosed.

My contacts out there have a unique and special arrangement with a number of banks to buy property in bulk. This means they can buy at cents on the dollar, and can pass this on to investors.

The result is amazing returns - by buying on a mortgage you can get back your initial investment, plus a cash back, plus receive an excellent rent giving a positive cash flow, and still have 30% equity in the property!

Or you can invest in a 'fund' and just double your money in 2 years without doing anything!

This is the type of property we were looking at, nice condos, in nice residential areas, which are readily lettable to local working families.

There are also plenty of detached family houses in good resi areas which will also be easily rented.

If you are interested in more details please contact me immediately on

peter@vaughanjones.freeserve.co.uk

These properties are going to be snapped up fast.

I have been here now for one full day and it is too early to say whether this opportunity is workable or whether I will be investing. There is still a lot to look at and to think about.

But one thing is for sure is that where i am property is now very cheap.

Another thing that strikes me is that despite what I have read in the papers about the severity of the recession in the UK, where I am seems to be relatively unaffected. No, I haven't done indepth economic research, that is based on an impression, so take or it leave it as you will.

it does strike me that just as the Halifax and Nationwide house price indices deal in UK averages and don't give an accurate idea of what is happening locally in individual locations, the same is true when economic data is bandied around. Some areas in the US will be very hard hit, some will be hardly touched. My first impressions are that this location is one of the ones which will be much less affected.

I still need to clarify some of the important details of how this will work, and I hope to get a chance to talk to the right people today