Anybody landing on this site is normally here to do one of two things, check out the staff profiles and to see if they are single, or, and I would hope more likely, to purchase an investment property in the UK or Abroad. Anyone that has arrived for the first option, I would suggest attending one of our networking events, as pictures can be very deceptive.

The reason for this blog, and there is one I promise, is to explain why buying with Bueno is something we all do, even those of us that work here.

When I first joined Bueno Investments, I knew I did want to invest in the UK market with them, having known Scott and Phil for many years, and I can now proudly say I have one house in Halifax and am on the verge of completing in Hull, all through this company.

So, what made me buy?

Having worked in the Overseas property investment world for six years, and churning out websites and working with partners that only dealt with this kind of product, joining Bueno Investments opened up a whole new world of the UK Property Investment side of things.

It was different, much different, but some how seemed more appealing than Bansko or the Costa del Sol. Granted, a two bedroom house in Hull was not exactly a dream like my mansion in Spain was, but in terms of security, appreciation and feasibility to sell on, it was a safer bet.

My brief to Elliot was quite simple. I would like a new build, 4 bedroom house in West London, no money in, guaranteed tenants for 10 years and £5,000 cash back, money that I was going to use to renovate the bathroom on my own house.

Surprisingly, we didn’t have any thing on our books on that Tuesday afternoon that matched my requirements, so it was time to sit down with Elliot and work out exactly was possible in the real world.

I am the final link between what the guys in the office secure to sell and what you, the investor, client or website visitor actually see. I publish it to the web and send out the newsletters, so I see everything that actually comes to sale.

What most of our investors do not realise is, for every 100 deals we get offered or find, we might carry out the due diligence, surveys and valuations on 10, and then only one will make it through that meets our criteria and be offered to our investors. Because we try to minimise the risk, we are very, very, very choosey when it comes to the deals we accept, we do not send out anything we get offered, like a few other investment companies can tend to do, we only send out the deals we feel are suitable for our investors.

The process of buying with the guys is easy. Elliot handles the preliminary stuff and then Alison takes over the sales progression. Apart from the forms and normal paper work you, as the investor have to do, everything else is taken care of for you.

Buying with Bueno IS different to buying with any other investment firm. As I mentioned, the risk is kept to a minimum by only offering the deals that we feel are financially structured to the degree of being an excellent investment. The majority of our stock will sell out in a couple of days, some even the same day, and with more and more of our investors buying multiples deals with us, I would hope our reputation is beginning to speak for itself.

Buying any property offers risk, we wouldn’t tell you otherwise, but by only passing on the deals that we, as staff, investors and good looking people of the world believe in, we hope the risk to any of our investors will be far outweighed by the potential returns from any of our products.

Ian Spencer
Web Manager
Ian.Spencer@buenoinvestments.com

Just to let you all know that we should have some excellent new deals coming by the end of the month - in New York State, USA. Fellow director Phillip Bueno and I will be flying out to New York State on the weekend and spending a week there to view some of the investment opportunities on offer. We have dozens of meetings with finders, brokers, lenders, solicitors and estate agents (or realtors as they are known in the States!) lined up to ensure we can bring back some packaged deals for our investors.Why are we checking out these deals in the New York?

• Excellent value - with 3 bed houses starting at just £15,000 / $30,000
• Phenomenal Yields - of 30% and more in some cases
• Established Economy and Legal System - America has one of the most established economies in the World. The legal system in place is also first-class to support foreign direct investment, with safeguards in place to protect investors and their investments.
• Great time to buy in the USA - with such a weak Dollar, there has not been a better time in years to be buying in the States. A rise in the value of the Dollar against the pound (as anticipated) will provide an instant return before any capital appreciation.
• Excellent Potential for Growth - The stock market always been the most popular investment vehicle with American investors, but as it has underperformed in recent years, people are looking for alternative investments. Buy-to-let fever has not yet hit the USA as it has the UK, but one thing is for certain, when it does, $30,000 houses with yields of + 30% are going to be in extremely high demand…!

From the initial research we have done, finance is the key to us being able to offer unique deals in this part of the Sates. Borrowing is not America’s favourite subject at the moment, and there are few lenders willing to lend on houses worth under $60,000 - something we find very strange in the case of the properties we are looking at with such phenomenal cash-flow. The lenders in the UK (who are predominantly adverse to sub-prime lending) would be encouraging buy-to-let investors to purchase these as the security on a property generating over a 30% return on initial investment is clear.

Will keep you all informed of the progress of our trip and hopefully have some excellent deals on offer in a few weeks time.

To pre-register your interest in New York buy-to-lets, is worth emailing Sales Director Elliot Roe at enquiries@buenoinvestments.com

Scott Goodall
Managing Director
scott.goodall@buenoinvestments.com