Our latest Networking Event was held at the Jurys Inn Hotel in Birmingham on Sunday.

Phillip Bueno, one of the Director’s, led the presentation where he discussed the company’s background, past, present and upcoming deals, and also about the current market conditions.

Martin Fox from Currency Solutions also came along to give a short presentation about the services and benefits on offer from his company. Currency Solutions specialise in currency exchange and can save investors considerable amounts of money on currency transfers as well as offering among the best exchange rates on the market at any one time.

It was great to see regular investors that we had never met in person, and also new faces that were interested in what the company had to offer. Unfortunately, there were a number of investors who were keen to attend but the change of the clocks the night before caused some confusion over the real time of the event, but for those who were able to come along it proved to be very successful. Investors shared experiences and stories, and also came away with some valuable information – one investor in particular had been struggling to find a managing agent for a HMO he owned in Doncaster, which was soon resolved with the help of another where business cards were exchanged. Other investors who are part of a property network also shared information with those who were interested in joining.

A number of investors remained behind following the event to join the team for Sunday lunch in the hotel restaurant.

Alison Zalecki
Customer Relations Manager
alison.zalecki@buenoinvestments.com

Another successful event!

The Bueno Team met with current and potential investors for an evening of presentations and informal networking at the Park Plaza hotel in London.

Phillip Bueno, one of the Directors of Bueno Investments led the evening with a presentation giving a brief company overview for those who have not invested with us before, and he also went over some recent deals that we have worked on.

Phillip then went on to launch our new and very exciting deal in New York State, which generated an overwhelming amount of interest on our pre-release prior to the trip out there, and during the presentation, this proved to be no different!

We invited along Gary Lafferty from Overseas Investments UK Ltd to follow on from Phil with the launch of an overseas investment in Portugal. Following this, we all reconvened in the bar where investors and the Bueno team were able to chat about experiences, future interests and market knowledge. Phil, Scott and Elliot were also on hand to have one-to-one discussions about the popular New York deal and what other deals we have coming up.

It was great to see current investors that we assist everyday but had never before met, and also see new faces where we were able to share knowledge and future prospects with.

Our next event will be held in Birmingham at the end of March. Please call us on 01784 433 353 or email networking@buenoinvestments.com for further details.

Alison Zalecki
Customer Relations Manager
alison.zalecki@buenoinvestments.com

Great news from the Bank of England today, rates have dropped back to 5.5% this is great news for investors.

There is also talk of a possible further cut early next year, both Halifax and Nationwide have reduced their mortgages in line with this move and the other lenders are expected to follow suit.

This is great news for investors as rental coverage will be easier to acquire and profits will go up. I’m expecting a busy few weeks up to Christmas with investors taking advantage of both the great deals available and the new lower priced mortgage products.

Elliot Roe
Sales Director
elliot.roe@buenoinvestments.com

One of our Irish investors decided he would like to come a view some of our stock this week so we met on Monday at East Midlands airport. It took most of the Morning to get to Hull, but it was a worthwhile drive. We looked at 9 houses and one caught his eye so we are now looking at the most effective way of financing the deal. We the went back to Nottingham and treated ourselves to a nice curry and a few drinks.

Tuesday we set off to see a new portfolio in Burnley, it had not been fully secured but we were still able to get a good idea of the area and see the outsides of the properties. It looks like they should be a strong deal and I’m sure he will go for some of them once the financial details come through.

An investor sparing the time to visit us for a couple of days works well for both us and them. They get to see how our business is run and possibly the first look at new stock, and we get to fully assess their needs and what we can offer them.

All in all it was a great couple of days and I’m sure he’ll be back to see some more houses and have another curry soon enough.

Elliot Roe
Sales Director
elliot.roe@buenoinvestments.com

On the 17^th of November we held our first Southern Ireland event.

We held it at a great hotel on the outskirts of Dublin called the Red Cow. We decided a trip to Ireland would be a good idea as we have many Irish investors and it allows both us and them a chance to put a face to a name and also give the opportunity for a one-to-one consultation.

Click any of the pictures to enlarge.

Phillip Bueno, one of the company owners started off proceedings with an hour talk explaining what our company offers and different ways of structuring your portfolio. He went through Low money down investments, commercial investments, high yield investments and overseas developments. This went down well and we then proceeded to the bar where the attendees could have consultations or just network between themselves.



Click any of the pictures to enlarge.

By 5pm everyone was ready to head home, so we said our goodbyes and headed into Dublin to sample the Guinness which, as it turns out, does taste much better in Dublin.

Our next event will be held in Birmingham in January, so keep your eyes on the site for further details.

Elliot Roe
Sales Director
elliot.roe@buenoinvestments.com

Continued….

1pm and I was back at a mutual office in Birdwell for a meeting with a very pleasant member of the RightMove team. We had been looking to join for a while, and we had finally been able to schedule a time which worked for both of us to discuss requirements. We will feature on rightmove.com from the last week in November onwards. RightMove is predominantly used by owner occupiers to find new homes, but with the creative finance and legal packages we are able to add to deals for investors, there is no way our deals are not going to appeal to the owner-occupier market as well.

By 2:30 I had met back up with Phillip to look over some further sites we had been offered in the Barnsley and Sheffield area. In Barnsley in particular we are well known by developers, agents and portfolio owners as reliable buyers and so get offered a lot of stock. Not much of it we even consider looking at after a quick review of the figures, but on this day we had 4 new build sites which looked appealing on paper. Our letting agent joined us again to view all four sites to give us rental appraisals and to offer his local expertise of the area. Unfortunately, all four sites were not quite what we were looking for as rentals were slightly tight compared to likely mortgage outgoings and the discounts we had been told were on offer we felt did not represent discounts from a true market value. This is too often the case when offered a discount from a perceived ‘Market Value’. Even with a network of finders filtering through hundreds of deals a week to pick a select few for us to look at in further detail, there are very few that actually warrant investment from our point of view. This is what sets us apart from many other property investment companies, and my personal portfolio from many other investors I hear of and speak to.

By now it is 6pm and time for Phillip and Joe to travel back to Colchester for a busy day in our Essex offices on Friday. For me, Surrey is my next stop of call, ready for meetings in London on Friday after checking and replying to my emails from that day.

Scott Goodall
Managing Director
scott.goodall@buenoinvestments.com

Thursday November 8^th

A business partner we have ventured into several successful Joint Ventures with in the past, Arv Soar, had brought us to Nottingham on Wednesday afternoon. We discussed for many hours some interesting ideas we have all been throwing about for a while now with regards to structuring investment funds aimed at investors who wish to prosper from property but with a fully hands off approach. We figured that there are many investors out there who would love to invest in property to a greater extent than they do now, yet do not have the time to carry out the due diligence they feel is necessary. This is where we could help; by offering shares in a portfolio built and managed by us personally, and more importantly that we invested in ourselves. Conclusion of the meeting was that we had to take things further, and so Ken Rohde will be speaking with several top solicitors next week to find out how we can structure something as user friendly and tax efficient as possible.

After a lovely meal and a few beers on Wednesday evening, we were up early on Thursday to travel to Barnsley, a journey which is never too strenuous from Nottinghamshire. In Barnsley, my fellow director Phillip met our estates manager Joe Thompson to introduce to him the next freehold he will have under his belt to manage. The site was Imperial House in Barnsley, for which we secured a very good price for the block and were able to pass great discounts on to investors. Wherever possible these days we will secure the freehold on apartment blocks where our investors have bought as there is value in these, and perhaps more importantly we can ensure the sites are looked after properly on an ongoing basis. A great example of this is Unnet Court in Smethwick where we have added tremendous value to investors’ apartments by refurbishing the block’s communal areas and have made improvements to increase the overall appeal of the site. This has added value not to the value of the freehold, but to the apartments themselves which our investors and I own.

Phillip Bueno at Imperial House in Barnsley

Imperial House 3 Months from Completion

I left Phillip and Joe at this stage to meet our local letting agent Kierron Hirst of Qualitas Lettings. Kierron’s company manage more properties for our investors and members of our team than for anyone else and come highly recommended. I had some keys to give Kierron for deals which had just completed, and so we proceeded to look over the properties and check out the general condition. As anticipated all in order for Kierron to begin showing potential tenants around from Friday. With over 95% occupancy levels at any one time, nothing stays on Kierron’s books for long.

Part 2 To Follow …

Scott Goodall
Managing Director
scott.goodall@buenoinvestments.com