How you can make money
buying property in the USA
Learn from a NORMAL GUY from the UK how I successfully quit the rat race by purchasing properties abroad.
Let me help you do exactly the same – you don’t need to do anything. All the hard work has and will be done for you!
My name is Paul Parkinson
I am just a normal British bloke who happens to invest in US property.
It all started when I worked for IBM in Dallas several years ago and I noticed the size and price of family homes in contrast to those in the UK.
For years I had thought about investing in UK property but I never did. I was always too busy working or distracted by one project or another, so I missed the boat…several times! I do own property in the UK but they are not making the returns that are possible elsewhere. I want my investments to do more than merely break even and besides that, everyone in the UK seems to be in the 'buy to let' market!
After reading various books on property investing, you know the usual stuff, the Rich Dad series, Robert Allen and others, I found a book by a guy called Thomas J Lucier and he made investing in US property sound straight forward, not easy but straight forward! There is a difference!
I decided that this time I would invest my money into US properties. I am now deeply involved in the 'Fly to Let' market!
Properties in the UK have increased greatly in price over the past few years and finding a really good buy to let deal is now extremely difficult! (By really good I mean generating at least a couple of hundred pounds profit every month after all expenses!)
I began to research the US marketplace...
I made several trips to the USA and visited many states where property was meant to be a great investment! Now after approx 12 months I have started investing in South West Florida properties, Texas properties and New York properties. I am willing to invest elsewhere but it has to be a really special deal for me to be interested outside of my current favourite states. In addition to simply buying property I have put together a property buying, management and financing solution and team.
The weak dollar is providing us with a golden opportunity.
This has made buying an American home and/or investment property in Florida, Houston, Texas and New York state, a lot cheaper and more profitable due to the cost of buying a second home in America having plunged nearly 10% over the past year as sterling has surged against the dollar.
Savvy investors can snap up a property bargain, right now!
In fact that’s what I have been doing for friends and investors. I set up www.easycashflowinvesting.com and www.buyingpropertyusa.com with the help and support of fellow satisfied investors that I have helped. The focus is on sourcing properties that can generate investors cash flow and if held for medium to long term can benefit from appreciation too!
Why do I do it?
I used to be an employee!
I had my own businesses!
I did extremely well working as a Senior Consultant for IBM jetting around the world on projects and was paid very well!
I also had my own businesses! They were mainly online ventures which all did OK. But they are like children and need managing all the time, this became just like a job! I sold these and made a small profit!
I am now at that age where I am concerned about planning for my retirement (yes.. I should have started thinking about this years ago) and planning to help my kids out when they are older.
I think you have to plan on looking after yourself at retirement, the government and company pension schemes may not be around to help us out! More of us are living longer and will need supporting at retirement – where is the government going to find this money?
Just look at what has been highlighted lately:
More and more people in the UK (and other countries) are getting into debt.
Major companies are closing down their pension schemes and employees are getting nothing.
Bad news like is a very common occurrence on British TV screens and newspapers.
Couple all of this with the “global credit crunch" implications felt by us all and you can see why I decided it was time to take my own “individual action.”
I believe that the government and or a company pension won’t suffice for me and my family to live the life we want come retirement time!
Property investing offers me a great opportunity to both generate a monthly income and a nest egg for the future – how much I earn is down to me! Besides that, I enjoy it! I love looking for deals for myself and others, I love meeting people and have met some fabulous people such as fellow investors, real estate agents, mortgage brokers and sellers…it has been great!
It is also a lifestyle of sorts. The money I make allows me to continue to travel, meet wonderful like minded people and do deals! I am able to take positive individual action to carve out a future for myself, where I set the rules, I set the hours and I am making my own future and investing in my own pension plan and no longer reliant on others!
That’s why I do what I do!
Ask yourself this one question and try to be honest with yourself…
With all that I have read and seen on the TV about pensions over the past couple of years, coupled with the fact that we are all living longer, add to this the increase in population and ever growing burden on the current social security system, will my company and/or a government pension be enough to provide me and my family with the retirement I deserve?
