Worcester - Property Investor Network

Worcester May 2016 Meeting

Generating Tax-Free Rent, NMLI (No Money Left In)& Infinite Returns – David Humphreys

• Enjoy Tax Free Rents from Your Buy To Let Property or Your Buy To Let Portfolio
• Buy a distressed property (auction) that is capable of being lived in at the time of purchase.
• To qualify the property must have a functioning kitchen and bathroom with all mains connected.
• Fixup the property and split the cost of fixup between Revenue Expenses and Capital Costs.
• After letting the property, Revenue Expenses are deducted from the Positive Cash Flow of All the properties in – your Portfolio before tax is assessed.
• If the Revenue Expenses are greater than the Total Positive Cash Flow of your Portfolio, resulting in a Loss for Tax – – Purposes, the Losses can be Carried Forward year-on-year until the Revenue Expenses are fully absorbed.
• If a property with paper losses is sold, you keep the losses.
• A property needing extensive fixup should result in a fixed up value greater than the cost of the property + fixup which, after re-mortgage, should release all your cash, possibly more.

An NMLI Strategy (No Money Left In)
With “No Money Left In”, You enjoy an INFINITE, Cash on Cash, Revenue & Capital Return.

The Concept is Simple. The Execution requires Knowledge, Expertise & Application.

ALSO…92% of tenants are searching online for their next rental, but where and how can I reach them? – James Davis

The vast majority of tenants  – 92% – start their property search online.

That shouldn't surprise anyone but are landlords changing their tenant finding strategies in response?

This talk looks at how to use the internet to minimise void periods, and save a tonne of cash on agents fees in the process.

James Davis CEO of Upad.co.uk will also explain what an 'online letting agent' is, and how it may impact your business.  If you're still putting a flyer in your local newsagent window, James can help you.

To book, simply go to http://www.worcesterpin.co.uk/

[b]Just to be clear, the promo code of 'tribes' is a voucher code for you to use to attend your first pin meeting for free, plus we can see that you came to us through this forum. 

There is no affiliate connection between Property Investors Network and Property Tribes.[/b]