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The ethos of the Foreign Property Shop is to provide a wide range of quality properties targeted at the main market sectors provided by new levels of customer service.
| Ref: US154 Selling Price: 69 900USD Price: 44 418£ Area: Atlanta |
Property size: 1912 sq.ft.
Bedrooms: 3
Garage: Yes
Description property in usa
Newly built town home in popular Atlanta area!! 13%+ net return!
Currently rented at $1000 per month with full management
We’re pleased to offer this 3 bedroom, 2.5 bathrooms town home in the popular Atlanta suburb town of Collge Park in Georgia. With a net yield of just over 13%, it’s an ideal property investment. Plus it has full property management AND a 2 year home warranty program in place. If you are looking for a ‘hands off’ property investment, in a good area and with a great return, then this offer should be a serious consideration.
Rented at $1000 per month you can receive income from day one; all refurb works have already been carried out and the property is ready to be sold now.
There’s no better place to buy great value investment property at the moment than America. Prices and returns are unbeatable. And not only is that but the capital growth better than anywhere else at present.
Property specifications:
- Built in 2007
- 3 bedrooms
- 2.5 bathrooms
- Off street parking and garage
- Over 1900sq.ft of living space
- Living room
- Dining room
- Kitchen
- 2 year home warranty guarantee
Atlanta – a City to grow your property profit
The fastest growing metropolitan centre in America has got to be the place to buy your investment property in. Over 76,000 people were added each year to its population over the 10 years to 2008, bringing the population of the greater Atlanta area to nearly 6 million. Although the recession has made it difficult for as many people to sell up and move they’re still coming.
No wonder. There are jobs as the city hosts 75% of the Fortune 1000 companies in the USA, with names like Coca Cola, CNN, Delta Airlines and a heavy duty financial sector. This underlines the place’s status as “Capital of the South”. It even has the fastest growing number of millionaires in USA!
Last but not least, the warm weather is attracting migrants from the cold North. Even in January, the temperature rarely falls below 11 degrees C. And in summer it really warms up!
Georgia is just next to Florida and shares much of that’s states warm weather, although not so sticky hot in summer. Perfect climate and a great place for a vacation.
This is a great property, selling way below even present depressed value. Prices are rising on such property, so from day 1 you are making rental income + an instant capital gain on current market value and ongoing capital gains –which have every likelihood of being very substantial.
Where else in today’s market can you find such solid, yet high earning investment? It’s very safe as all the excess air and more has been squeezed out of the property’s value. Mortgages of 110,000+ have been written off on houses like this. The Bank’s loss, but your gain.
No catches. QUALITY FREEHOLD property that we are sure offers staggering value for money. Price includes refurbishment. CALL NOW to put your hand on it ASAP!
More pictures available, please email tom@thefps.com
US153 – Low Cost Residential Buy-to-Let Villa with huge 1/2 Acre plot in Lehigh, near Fort Myers, SW Florida
| Ref: US153
Selling Price: 64 900USD |
Property size: 1462 sq.ft.
Plot size: 21780 ft.
Bedrooms: 3
Garage: Yes
Description property in usa
Detached Villa, Lehigh Acres, Florida
3 Bed, 2 Bath Detached Freehold Property
Large Villa = 1462 sq.ft
Huge Plot of ½ Acre (space to add/build in future)
Original Selling price = 325,000 USD!
Built in 2006
Fully furnished as was previously a “show home”
Ideal buy-to-let investment property
Sold tenanted with a tenant in place & fully managed
NET yield of 10%
Monthly Rental Return = 800 USD/month
The Foreign Property Shop is excited to offer this exclusive opportunity for our Investors to purchase a recently built, tenanted, fully managed Villa. There are 3 beds in total and 2 bathrooms. This villa was originally priced at 325,000 USD in 2006 and is now available for only 64,900 USD! This property will provide excellent rental return whilst giving fantastic potential for capital growth as the market recovers.
Whilst prices have continued to drop over the past 2 years to their current record low levels, it has been said the bottom of the market has now been reached as prices are now 50-60% below the cost to build a similar home and with the combination of high sales activity and lack of new construction in the area, it is resulting in prices now starting to increase presenting a golden opportunity for investors.
These properties come with pre-vetted tenants giving excellent net yields of around 10% NET. The property management company in place is committed to providing quality service and the highest standard of performance to the owners, buyers, and tenants alike allowing you peace of mind and a ‘hands off’ investment.
Comfortably away from the pace of everyday life, the area offers the quiet of the Florida countryside coupled with family activities, easy access to the area’s international airport and excellent shopping excursions. The famous Fort Myers Beach, Sanibel Island, and Captiva Island are within a short drive and offer beautiful white sandy beaches and pristine natural habitats. The area is the perfect place to enjoy miles of freshwater canals, great fishing, boating, tennis, great golf courses, horseback riding and numerous hiking and biking trails.
Property Taxes are based on the appraised value of each and every property, as property prices have fallen dramatically, property taxes have also fallen. The result of lower property taxes is an increase on your return (yield). Nearby employers include, major retail stores, corporate headquarters, distribution centres, hospitals, universities and industrial areas, ensuring an excellent supply of quality tenants.
Buying process
Reserve by paying an Admin fee of 3,000 USD (this is on top of purchase price)
Fill out reservation form & pay 10% deposit to Tiltle Lawyer Escrow Account
Receive full purchase contrat, sign and return
Receive HUD document to confirm clean title & pay Balance of 90% to Escrow Account
Pay Closing fees (approx 800-1000 USD)
Living Room
Kitchen
Bedroom 1
More pictures and information available, please email tom@thefps.com
| Ref: US151 Selling Price: 36 500USD Price: 23 194£ Area: Detroit |
Property size: 808 sq.ft.
Plot size: 3360 ft.
Bedrooms: 3
Attention – Buy to Let investors!!
If you’re serious about rental profit, this is the Detroit property for you!
We’re as pleased as punch to find this property to offer our clients. A great ranch style Detroit property that will be sold fully refurbished and tenanted! At just $36, 500 it offers exceptional value for money.
It’s a “turn-key” investment that requires little input from you, the investor, as we offer the property at the time of sale closing, fully refurbished and link our work with that of the rental specialist who successfully manages all our properties for clients. Then just provide your bank details for rent payment and, if wished, wait for the best moment to cash in by selling the the large local market.
You will have a smart, brick built, refurbished detached house in good area, paying good income for….well, just about peanuts!
Prices are rising now
Don’t think this situation will last long. It won’t. Prices are springing up from the absurdly low levels. Local investors are buying up such property and there are bidding wars on many such bargains.
Prices are now, in our estimation, sharply on the up.
The Property
This is an excellent detached 3 bedroom ranch style property in a quiet neighbourhood in Hamtramck (a suburb of Detroit), attractive to renters now and buyers in future. In good condition throughout, it will just need some minor refurb works to bring it up to rental standard. To view your net return for this property after costs, download the income expenses excel sheet at the bottom of this advert.
Other rooms include a living room/diner, family bathroom and kitchen. The top floor master bedroom is exceptionally spacious. To the rear of the property is a back yard and single garage.
We anticipate this property to be rented from $700 per month plus and have interest from a Section 8 (government backed) tenant. Contact us for further information.
A genuine opportunity – from the specialists.
No catch, just freehold detached property, with clean unencumbered title going for peanuts. However, don’t think such property can be picked up anywhere, by just clicking away on the internet, for example. We have done a lot of work on the ground in USA searching for such bargains. Avoiding cheap properties that come with attached liens and debts, or in bad neighborhoods.
We know where and what to buy and only offer the pick of properties to investors. American property is what we do, every day, with a passion that comes from knowing what a phenomenal bargain American offers right now. We source, refurbish and package so that you, the investor, own profitable property with the minimum of time, effort and risk. Invest with confidence now.
Please email tom@thefps.com for more photos and details.
US149 – Large Fully Furnished Villa, Kissimmee / Orlando area, Florida. Ideal as an investment or holiday home.
 Front Ref: US149 Selling Price: 76 000USD |
Property size: 1856 sq.ft.
Bedrooms: 3
Garage: Yes
Description property in usa
Detached Villa Orlando, Florida
3 Bed, 2 Bath Detached Freehold Property
Large Villa = 1856 sq.ft
Original Selling price = 191,000 USD
Price per Sq ft = $40 (Originally $103)
Built in 2007
Ideal as holiday home or investment property
Offered tenanted or vacant & fully managed
High NET yield of 10.46%
Monthly Rental Return = 875 USD/month
The Foreign Property Shop is excited to offer this exclusive opportunity for our Investors to purchase a recently built, tenanted (if required), fully managedVilla. There are 3 beds in total and 2 bathrooms. This villa was originally sold for 191,000 USD and is now available for only 74,000 USD! This property will provide excellent rental return whilst giving fantastic potential for capital growth as the market recovers.
Whilst prices have continued to drop over the past 2 years to their current record low levels, it has been said the bottom of the market has now been reached as prices are now 50-60% below the cost to build a similar home and with the combination of high sales activity and lack of new construction in the area, it is resulting in prices now starting to increase presenting a golden opportunity for investors.
These single villas are offered vacant or with pre-vetted tenants giving excellent net yields of over 10% NET. The property management company in place is committed to providing quality service and the highest standard of performance to the owners, buyers, and tenants alike allowing you peace of mind and a ‘hands off’ investment.
Orlando is the epicentre of the global tourism market, located in the heart of the Sunshine State of Florida, the area saw an estimated 18.5 million people visit during the third quarter of 2009. The area is home to a wealth of some of the top tourist attractions in the world including Universal Studios, SeaWorld, Aquatica, Discovery Cove and of course Walt Disney World. This abundance of theme parks and resorts continues to make Orlando an ever popular tourist destination.
Location and Local Attractions property in usa
Over $30billion is spent in visitor spending each year and tourism accounts for nearly 414,000 jobs in the tri-county area (31% of total employment in the Orlando three-Country Area). In 2008 Metro Orlando received over 48 million visitors, with 45.5 million of these arriving domestically.
Constantly ranked amongst one of the best markets in the US for business and job growth Orlando is a melting pot of creative talent and innovation. Two thirds of Metro Orlando’s work-force is under the age of 44, and nearly a third has obtained a college degree. This young, diverse and educated workforce creates a labour pool that is adaptable and prepared for any situation.
With nearly 50 million visitors a year, Orlando had once of the most advanced and well connected infrastructure systems in the world. Home to 3 international airports including ‘Orlando International Airport’ – the fourth largest origin and destination airport in the US. With over 4,000 square miles, Metro Orlando offers and wide variety of lifestyle options and a climate that boasts year round sunshine. Close proximity to beaches, parks, lakes and outdoor recreation and world-class shopping amenities.
US148 – Large Villa, Kissimmee / Orlando area, Florida. Ideal as an investment or holiday home.
 Front Ref: US148 Selling Price: 74 000USD |
Property size: 1856 sq.ft.
Bedrooms: 3
Garage: Yes
Description property in usa
Detached Villa Orlando, Florida
3 Bed, 2 Bath Detached Freehold Property
Large Villa = 1856 sq.ft
Original Selling price = 191,000 USD
Price per Sq ft = $40 (Originally $103)
Built in 2007
Ideal as holiday home or investment property
Offered tenanted or vacant & fully managed
High NET yield of 10.46%
Monthly Rental Return = 875 USD/month
The Foreign Property Shop is excited to offer this exclusive opportunity for our Investors to purchase a recently built, tenanted (if required), fully managedVilla. There are 3 beds in total and 2 bathrooms. This villa was originally sold for 191,000 USD and is now available for only 74,000 USD! This property will provide excellent rental return whilst giving fantastic potential for capital growth as the market recovers.
Whilst prices have continued to drop over the past 2 years to their current record low levels, it has been said the bottom of the market has now been reached as prices are now 50-60% below the cost to build a similar home and with the combination of high sales activity and lack of new construction in the area, it is resulting in prices now starting to increase presenting a golden opportunity for investors.
These single villas are offered vacant or with pre-vetted tenants giving excellent net yields of over 10% NET. The property management company in place is committed to providing quality service and the highest standard of performance to the owners, buyers, and tenants alike allowing you peace of mind and a ‘hands off’ investment.
Orlando is the epicentre of the global tourism market, located in the heart of the Sunshine State of Florida, the area saw an estimated 18.5 million people visit during the third quarter of 2009. The area is home to a wealth of some of the top tourist attractions in the world including Universal Studios, SeaWorld, Aquatica, Discovery Cove and of course Walt Disney World. This abundance of theme parks and resorts continues to make Orlando an ever popular tourist destination.
Location and Local Attractions property in usa
Over $30billion is spent in visitor spending each year and tourism accounts for nearly 414,000 jobs in the tri-county area (31% of total employment in the Orlando three-Country Area). In 2008 Metro Orlando received over 48 million visitors, with 45.5 million of these arriving domestically.
Constantly ranked amongst one of the best markets in the US for business and job growth Orlando is a melting pot of creative talent and innovation. Two thirds of Metro Orlando’s work-force is under the age of 44, and nearly a third has obtained a college degree. This young, diverse and educated workforce creates a labour pool that is adaptable and prepared for any situation.
With nearly 50 million visitors a year, Orlando had once of the most advanced and well connected infrastructure systems in the world. Home to 3 international airports including ‘Orlando International Airport’ – the fourth largest origin and destination airport in the US. With over 4,000 square miles, Metro Orlando offers and wide variety of lifestyle options and a climate that boasts year round sunshine. Close proximity to beaches, parks, lakes and outdoor recreation and world-class shopping amenities.
Living Room
Kitchen
Bathroom
More pictures available on request, please email tom@thefps.com
|
Ref: US146 |
Property size: 1480 sq.ft.
Bedrooms: 3
Description property in usa
Newly built town home in popular Lithonia suburb of Atlanta!
Currently rented at $950 per month with full management
We’re pleased to offer this 3 bedroom, 2.5 bathrooms town home in a sought after Atlanta suburb. With a net yield of 11.88%, it’s an ideal property investment. Plus it has full property management AND a 2 year home warranty program in place. If you are looking for a ‘hands off’ property investment, in a good area and with a great return, then this offer should be a serious consideration.
Rented at $950 per month you can receive income from day one; all refurb works have already been carried out and the property is ready to be sold now.
There’s no better place to buy great value investment property at the moment than America. Prices and returns are unbeatable. And not only is that but the capital growth better than anywhere else at present.
Property specifications:
- Built in 2008
- 3 bedrooms
- 2.5 bathrooms
- Off street parking
- Living room
- Dining room
- Kitchen
- 2 year home warranty guarantee
Atlanta – a City to grow your property profit
The fastest growing metropolitan centre in America has got to be the place to buy your investment property in. Over 76,000 people were added each year to its population over the 10 years to 2008, bringing the population of the greater Atlanta area to nearly 6 million. Although the recession has made it difficult for as many people to sell up and move they’re still coming.
No wonder. There are jobs as the city hosts 75% of the Fortune 1000 companies in the USA, with names like Coca Cola, CNN, Delta Airlines and a heavy duty financial sector. This underlines the place’s status as “Capital of the South”. It even has the fastest growing number of millionaires in USA!
Last but not least, the warm weather is attracting migrants from the cold North. Even in January, the temperature rarely falls below 11 degrees C. And in summer it really warms up!
Georgia is just next to Florida and shares much of that’s states warm weather, although not so sticky hot in summer. Perfect climate and a great place for a vacation.
This is a great property, selling way below even present depressed value. Prices are rising on such property, so from day 1 you are making rental income + an instant capital gain on current market value and ongoing capital gains –which have every likelihood of being very substantial.
Where else in today’s market can you find such solid, yet high earning investment? It’s very safe as all the excess air and more has been squeezed out of the property’s value. Mortgages of 110,000+ have been written off on houses like this. The Bank’s loss, but your gain.
No catches. QUALITY FREEHOLD property that we are sure offers staggering value for money. Price includes refurbishment. CALL NOW to put your hand on it ASAP!
Living room
Kitchen
Bedroom 1
Overseas property investors are showing an increasing interest in different kinds of real estate investment opportunities in Detroit, it is claimed.
While the Michigan city may not be the obvious choice for foreign buyers, it is described as a location that could become a hotspot as US president Barack Obama declares he loves the place and the US government pours millions into its car industry.
According to Rod Thomas of Axis Property , Detroit displays the classic signs of being ripe for investment for buy to let investors in particular.
‘The US housing market, in general, remains ideal for investment opportunities. House prices are still low due to foreclosures and rental demand is high. Now, as Detroit enjoys an economic recovery, investors can benefit from Government subsidised rents, capital growth over time and re-selling back into the local market,’ he explained.
Interest doesn’t just come from the more traditional investors in Canada and the UK, says Thomas. Investors from Saudi Arabia and Singapore are also making enquiries and looking to buy.
He believes there are two potential investment strategies for Detroit, the first involving robust cash flow for purchase at a low cost, refurbish and rent and then a strategy for capital growth over time.
‘Detroit was in a terrible state when we first looked at investment opportunities there. However, this worked in our favour because we approached the City and offered to assist with the housing and economic regeneration by bringing in international investment. This led to the City endorsing our product and also offering a significant reduction in taxes for investors,’ said Thomas.
Analysis shows that employment and the local economy are picking up in Detroit. Auto companies such as Ford and General Motors (GM) are reporting second quarter profits in the $billions. GM’s electric car, the Chevy Volt, is about to go into production for worldwide sales. Chrysler’s Fiat 500 electric car is also planned for 2012.
Although approximately 230,000 workers were laid off when the motor industry crashed in Detroit a few years ago, the industry has already taken on around 15,000 new employees so far this year. Reports indicate 10,000 new auto workers will be required, per year, from 2011 to 2013. US Mortgage collective, Quicken Loans, is creating 4,000 new jobs in Detroit. Plus Marathon Oil Corporation is expanding its refinery and creating 2,000 new positions in the area.
Thomas points out that Detroit is also now being cited as a centre of excellence for healthcare. The healthcare sector in Detroit employs 60,000 people, with the St. John’s Hospital, a specialist cancer research and treatment centre employing 15,000 alone.
Detroit is also a major player in the film industry. Tax incentives mean that in 2009 parts of 470 movies were filmed in Detroit and a number of 2011 release films are being shot there this year including Scream 4, LOL: laughing Out Loud with Demi Moore, Real Steel with Hugh Jackman and The Mechanic with Donald Sutherland.
But Thomas points out that research and due diligence are needed when investing. ‘Some streets may present beautiful properties on one side, but if you pan around to view the other side of the street you could be in for a nasty surprise with burned out, derelict buildings,’ he added.
TheFPS Comment
We largely agree that Detroit presents a bottom of the market buying opportunity and that the City is moving up with a lot of investment being made. However, the key to real profits is selecting the right area, right house, at a bargain price and keeping refurbishment costs contained. This is where our long experience in Detroit pays off.
We aren’t middle men or just agents, passing on property from others. Our parent company, an international development company, put their money into buying the properties and as such will not act unless we are 100% sure it’s a great deal. It’s a fact that the very best deals have to be acted on very quickly. Often within hours. There’s no other way to secure a mega bargain.
Furthermore, our own teams of builders do the work, for a fraction of cost that might be expected as we provide runs of work and. If we keep costs down, we make a profit. If something untoward comes up and costs go higher, we take a loss. And renovation not being an exact science, even for the most experienced, we freely admit to having taken more than one cold bath financially. The point here is that our clients DO NOT incur this risk. They don’t have to deal with difficult builders or get the property past some arbitrary City inspector. And they don’t have to find and deal with tenants.
Cut out the middlemen and hassle and buy from source – The Foreign Property Shop. It’s the best way to profit from the temporary availability of absurdly cheap American property.
Foreclosure freeze could reduce supply of cheap houses
On 9th October, financial giants GMAC, JPMorgan, Chase and Bank of America suspended some foreclosures while they review how documents were handled. Other mortgage holders, PNC and Litton Loan Servicing joined these three financial institutions in starting a review of foreclosures.
The Bank of America, which had already announced a halt for 23 states, expanded the suspension to cover the whole nation. If other banks follow suit, it raises the specter of a national foreclosure moratorium.
In all, the banks will have to review the paperwork for hundreds of thousands of mortgages. On top of that, class action lawyers and state attorneys general have filed lawsuits and called for foreclosure moratoriums.
In the near term, the freezes could actually benefit both homeowners and the housing market. Homeowners would have time to live rent-free and chip away at their debt. Prices might stabilize because so many homes are penned up.
TheFPS says why take the chance of not being able to secure a bargain foreclosure. Nail one down now by buying one of our listings. Remember – all of our properties are sold INCLUDING refurbishment, passing of City Code and placement of tenant. More than a few customers have assumed the prices, as they are so low, are for unrenvoated houses. This isn’t the case! We offer a complete investor package, at a price we very much doubt could be beaten by any individual trying to deal with all aspects by themselves.
Orlando “ripe for picking”
While many markets in Florida show signs of stabilizing, Orlando prices continue to drop.
After an 8 percent dip from July to August, Orlando’s median home prices are now under $100,000, a decrease of more than 60 percent from August of 2006. The median price for a condominium was $44,000 in August, according to the Orlando Regional Realtor Association.
Foreclosures and short sales continued to dominate the market, accounting for 71 percent of deals, according to the association’s latest report. The median price of a bank-owned sale was $70,000 in August, while short sales hit a median price of $100,000, down from $116,000 a month earlier.
On the upside, affordability in the popular tourist destination is “at an all-time high,” the association announced in a press release. (Or as OPP magazine put it, “Florida is ripe for the picking.”)
Thanks in large part to the bottom-feeding activity; the number of sales is actually up 36 percent from this point in 2009, according to the association’s latest report. The number of new contracts filed in August was up 17 percent from August in 2009.
K. Bass
TheFPS comment
It’s easy to miss the investment bottom in a fallen market. Bad news in the media tends to overrun the reality on the ground of buying and selling. And so to in Orlando, Florida.
With a 60% drop in house prices for Orlando already taken place, it’s hard to see further significant falls and affordability is at an all time high. Our advice is to lock in the present prices by buying as soon as possible.
New Property: US113
Superb Harper Woods home…great neighbourhood just next to Grosse Pointe! |
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| Price(€): 36 950 | ||
| Description of Property | ||
Property size: 1250 sq.ft. “Turn-key” investment requiring little input from the investor… full rental management included, no hassle, hands off property investment. There’s no better place to buy great value investment property at the moment than America. Our US foreclosure properties offer returns of around 25% gross (10-16% NET) – they are low cost investment opportunities with tenants in situ and huge capital gains to be experienced over the next few years. We are the experts in selecting the right property. We only offer exceptional investments, like this excellent Harper Woods (Detroit) option, very close to the sought after Grosse Pointe area – an upper/middle class stable residential area – sold fully renovated, with a tenant in place! This is an ideal location for excellent rental income and price rebound. This is a nice middle-class area with good local schools, in an area called Harper Woods on the far Eastern side of Detroit. It’s close to all facilities such as good schools and shops and the house has been renovated to a modern, high standard. Accommodation totals a spacious 1250sq.ft and comprises of three bedrooms, living room with fireplace, kitchen, dining room (with bay window), family bathroom, partially converted basement and outside a double garage. Plenty of off road parking plus nice gardens to front and rear. Prices are springing up from the absurdly low levels as local investors buy up such property, there are even bidding wars on many repossessions. Prices are now sharply on the up. There is no previous sale history for this property in the last 5 years but the current valuation is approximately 85,000 USD. The NET return is an excellent 12.65% (not including building insurance) – this is an excellent return, not to mention the huge capital gains to be experienced as the market rebounds. Buying process 1.Reserve with $2000 and pay Notary fee of $500 (payment can be made via a credit card or a bank transfer). 2.Preliminary Contract sent to you to sign and return within 48 hours. 3.Pay $33,000 to Company Client Account within 2 weeks. 4.Pay $10,000 2-4 weeks later upon completion 5.Title Deeds will be signed, transferred into your name and registered in the US and then returned to you. Email: repos@thefps.com |
