Saturday, February 20, 2010

Rental Guarantee Investments - How are they doing?

I wonder how those property investors who went for the 'rent guarantee offers' on the big blocks of BTL apartments from the likes of Galliard.

The concept was very appealing to some investors, like Daren Forsyth, who enjoyed the guaranteed high rents as a safe way into property investing as reported by the Telegraph back in 2007.

However, many of these rent guarantee schemes were offered on over valued BTL towers that were in investment terms our very own Dubai monster bubbles, that have often seen the worst of the property price falls.

Galliard homes are offering their apartments as a 'fire sale'.

I also suspect that many investors have failed to secure the same levels of rental values when they came to re-let after the rental guarantee period ended. I may be wrong.

Let us know how you got on if you took up these rental guarantee investments.

Alan are you still smiling?

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