"According to our inside contacts the Japanese banking crisis shows no signs of ameliorating. If anything, it's getting worse.
Following last week's news that Origami Bank had folded, we are hearing that Sumo Bank has gone belly up and Bonsai Bank plans to cut back some of its branches. Karaoke Bank is up for sale and is going for a song.
Meanwhile, shares in Kamikaze Bank have nose-dived and 500 back office staff at Karate Bank got the chop. Analysts report that there is something fishy going on at Sushi Bank and staff there fear they may get a raw deal."
What a wonderful weekend! Not only was the weather fine but we spent it down in our holiday home in Portland (Dorset). The beautiful weather really brought it home to us that England has much to offer the holiday maker, and, as the current trend is to holiday at home, the U.K. is no doubt going to see a renaissance in the great British seaside holiday! For the best part of nine months now, we've been advocating holiday lets for cash flow, but make sure that you choose somewhere with year round appeal.
Chesil Beach is part of the Jurassic Coast World Heritage site stretching 18 miles along the south coast of Dorset, England from the 'Isle' of Portland in the east to Lyme Regis in the west. Fishermen familiar with the beach claim to be able to tell their location from pebble size alone.
Although we do not actually let our Portland house out as a holiday let, there are many signs that it could be a good area to buy in. Portland itself is a stunning and unique island, and has so much more to offer than Portland Bill Lighthouse and Chesil beach, which it is mostly known for. There are many beautiful coastal walks, birdwatching, horse-riding, not to mention all the water-sports you can do in the area. Portland Harbour itself is brilliant for windsurfing and kite-surfing with its shallow and calm water.
With the collapse of four major financial institutions last week, we are entering unchartered waters. It would be easy to get quite worn down by all this doom and gloom. Every day we're receive calls and emails from people who are feeling very down-hearted about property investing. It's interesting to take a different and more lateral view.
For our part, we would like to recommend a book called "The Dip" by Seth Godin. It is totally inspirational and explains how these challenging times can actually be an amazing period of growth and success, if you can push through "the dip" to the other side.
The countdown is on to our September property investment networking event, taking place in Milton Keynes this Sunday!. Just four days away now! It's never too late to register, so drop us an email at registration@4wallsandaceiling.com.
Below you will find full and final details of the event.
We've just got back from glorious Cyprus where the weather was an amazing 30 degrees and sunny every day!. We had a wonderful and fulfilling time over there and were lucky enough to take the opportunity to buy our dream "place in the sun", pictured below.
We've named the house "Aqua Vista". It's a contemporary 3 bedroom villa in the beautiful and tranquil village of Mazatos, near Larnaca and has stunning far reaching views of the azure Mediterranean. We can't wait to get back over to Cyprus and furnish it as we are looking forward to spending time there with family and friends and enjoying all that Cyprus has to offer.
In between relaxing by the pool and enjoying some traditional Cypriot hospitality, we managed to catch up with our good friend and international tax planning expert, Jarl Moe. With Cyprus being the No. 1 tax haven in Europe, it seemed the ideal opportunity to talk to Jarl about the benefits of international tax planning and asset protection. If you are serious and committed to being a successful property investor, you need to consider wealth/asset protection as well as wealth creation! In this exclusive interview, Jarl explains why ...
Click here to watch the video in High Definition via Quicktime
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Due to our relationship with Jarl, we have been able to arrange a complimentary personal consultation with him for all 4walls clients. If you would be interested in finding out more please e-mail me at nick.tadd@4wallsandaceiling.com.
We hope that you are enjoying our broadcasts from 4 Walls and a Ceiling, and getting value from them. We certainly enjoy doing them! Whilst it's great to watch us on video, you can also meet us in person. We believe that nothing beats a personal, face to face introduction, so we endeavour to meet as many of our subscribers as possible.
We would therefore also like to remind you that it is now "last call" to register for our property networking event in Milton Keynes on Sunday 21st September. I will be there to answer any questions you might have on "offshore Tax strategies" and/or any property related questions.
I will also be doing a brief presentation on my findings in Cyprus this time around, up-to and including the satisfactory letting of our penthouse plus the latest aquisition.
In this video postcard from Cyprus, Vanessa gives the low down on the event and why you cannot afford to miss it!
Please rest assured that we will be sending out final details to all delegates on Wednesday.
Stay tuned for our next video broadcast in which Vanessa will be talking about risk management and how to "hedge" your portfolio to spread risk. Remember, you can never learn less!
In December last year, we recognised what was happening in the U.K. property market. We had previously been focussing on 3/4/5 bed houses in single occupancy with a few in multi-let format. However, we realised that we needed a new strategy to generate cash flow so we started researching holiday lets on the South Coast.
My wife Vanessa has been posting a lot of thoughts on various forums and I thought I would share her latest post with you. I hope you find it valuable and insightful.
Flickr: badgerproductions
LinkedIn: nick tadd
Pownce: nick tadd
Skype: badgerproductions
