How to profit from the off plan boom of 2009-2016
Brett Alegre-WoodChairman, YPC Group
Hi Guys,
I've always said that you need to match your strategy to the market - and right now, if you're one of the few that can adapt quickly, you'll be laughing.
There's an enormous opportunity building and off plan property represents the next phase of the current market - a market that is gathering momentum for its next boom period.
Why it's all about timing...
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As I said, the most important thing with off plan property is timing and management of risk. Buying off plan property in a stagnant or dropping market is RISKY, since if it completes a year or more away the market may well turn against you before you complete. BUT if you buy at (or around) the bottom of the market with a long lead time until completion is a awesome investment. Make no mistake the opportunities are huge.
Take a look at the current market situation you can see why I'm saying that off plan is starting to look like a very good proposition again. The market has turned, the credit crunch has well and truly pushed us to the bottom and whilst things are improving we are a still little way off the 'galloping' stage of the cycle.
So now is the time to jump into off plan property!!!
Investing in off plan in the right market is a seriously lucrative opportunity. My feeling is that anything completing after June 2010 is fine as long as it has good solid fundamentals, by then the mortgage market will be in better shape as well. We're going to be helping you take full advantage of the off plan opportunity and we'll be continuously launching selected off plan developments over the coming 5 to 7 years.
Checkout my latest video on off plan property and how you can make the most out of the upcoming boom!
If you have any questions about investing in off plan or want to know more check out out off plan property page www.YourPropertyClub.com/offplan or call the office on 0207 8121 1255.
Live with Passion,
Brett Alegre-Wood
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