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

$ Ready To Go

I'm watching the snow with some alarm, but there's still 2 days until I go. I had a look at the Gatwick site today and the Orlando flight still went, although a couple of hours late.



In the meantime I have managed to find my sunglasses, and have started arranging to transfer my deposit money into the 'escrow account' - an account where my money will be held in trust until it is taken as the balance of the purchase price when the mortgage is drawn down.



What makes this really exciting is that there should be a sizeable cash-back well in excess of my deposit, and I should get this almost immediately after completion...and there will still be equity in the property



I'll give you the full details when I have 'real' figures when I've seen (and perhaps even bought) a few properties

Exciting News - The Florida Experiment

I don't know about you, but one thing I find exciting about life is that it's never static.

There seems to be some truth in the the old saying "when one door closes another one one opens".

I was thinking about this in the context of UK property investing - not that the door is shut closed, many investors are extremely active at the moment. But making decent returns now requires more energy, knowledge and persistence than it did a couple of years ago. And more cash, of course!

As a committed 'arm chair' investor I decided to take a sabbatical from the UK market for a while, but must admit that I was getting itchy feet.

Then something unexpected and extremely exciting happened.

I received an approach from someone who wanted to help me to invest in the USA, of all places, specifically Florida. The way this opprotunity was described to me, I would normally have thought it was too good to be true, and would have dismissed it as a 'crank call'.

But I know my contact to be a man of total integrity and professionalism and so I had to listen and take this seriously.

So seriously, in fact, that I now have my ticket booked to go to Orlando next week to check this out for myself.

Now, you may well be thinking "Have you lost your mind? Isn't the US housing market in an even worse state than ours?"

There is some truth in that. But the fact that it's on 'it's knees' (by comparison, at the moment the UK market is only 'winded') makes this the perfect time to buy.

Remember more millionaires are made in a recession than in good times, and usually because they took the opportunnity to buy high quality assets at give away prices.

If this opprotunity is only a tenth as good as I've been told, it will still be more than worthwhile jumping onboard.

So for the time being I am going to use this blog to report my findings and to record my progress in opening up another source of top quality property investments.

This isn't so that I can brag and boast. The reason I will blog my progress is that if my contact's story checks out, I'll be offering this opprotunity on to you. I'm assured that there's plenty for all, so there's no reason why you should miss out.

This could literally be a life changing opportunity for us all.