Landlord's Journal

Was very inspired by this programme and thought I would share it with you http://www.youtube.com/watch?v=BASO4S1RVVA . Unfortunately they did not allow me to embed the video

  

Property insurance provides protection against most risks to property, such as fire, theft and some weather damage. This includes specialized forms of insurance such as fire insurance, flood insurance, earthquake insurance, home insurance or boiler insurance. Property is insured in two main ways - open perils and named perils. Open perils cover all the causes of loss not specifically excluded in the policy. Common exclusions on open peril policies include damage resulting from earthquakes, floods, nuclear incidents, acts of terrorism and war. Named perils require the actual cause of loss to be listed in the policy for insurance to be provided. The more common named perils include such damage-causing events as fire, lightning, explosion and theft.

 

Complied by Wikipedia

 Get your property insurance here

Ajay Ahuja exposed on BBC 1’s Inside Out

 Napoleon Hill, author of "Think and Grow Rich" stressed the importance of masterminding at two critical phases in his sixth step toward riches. At the onset of our planning we must have mastermind group input. As we implement and adjust our plans we must continue to maintain our relationship with the group.

Most people are ready to grow rich but really have no idea of where to start, much less the processes involved.

Previous steps prior to organized planning include:

• Desire or a burning passion to acquire riches or some other goal.
• Faith that you will obtain your desires.
• Autosuggestion to enable you to build your faith.
• Specialized knowledge as may be required.
• Imagination to conceive the idea which you will use to obtain your riches or goal.

As we progress through the steps toward our goal, we have arrived at the point where our initial desire will be as Mr. Hill described it, "crystallized" into action. This will require planning.

This is not to be confused with our initial plan which contains our goal, expected date to receive our goal, etc. This plan is where we begin to take definite action.

You may ask why you need to have a plan when you know what you want.

Napoleon Hill said it best. "No individual has sufficient experience, education, native ability, and knowledge to insure the accumulation of a great fortune without the cooperation of other people"

What he is saying is that you will need to jointly plan with your group. The original idea may be your own creation, but the final version and its methods of implementation must be a joint venture.

Masterminding is certainly not a new or unique concept. It is no more than a group of individuals with mastery in various and numerous subjects pertaining to your particular needs, coming together to advise you and critique your plans.

Mr. Hill deemed this step as absolutely essential. Do not neglect it!

How to form a mastermind group:

• Research and seek out people who may assist you with your plans.
• Form an alliance with as many people as you need to create and help you carry out your plan or plans.
• As you form the alliance, decide what service you will render in exchange for their alliance. This may be money or a service.
• Arrange to meet with this group as often weekly as is necessary to create and implement your plan.
• Establish and maintain a harmonious relationship among all members. This again is an absolute essential.

The advantages of a mastermind group:

• Allows you, with the help of the group, to formulate plans that to the best of everyone's collective knowledge are sound and faultless.
• Enables you to "fall back and regroup" if your plan does not work and you have to make adjustments or new plans.

Your ideas may indeed be sound, however your plans may not be and therefore you don't achieve what you desire. This is where most simply give up. Most people give up on the idea rather than press on until they find the successful plan.

As Mr. Hill illustrates in his text, Thomas Edison experienced ten thousand "temporary defeats" before he perfected the incandescent light bulb. Yes, ten thousand!

If you really having a burning desire for riches, you will need a fiery persistence to build and if need be rebuild your plans, never admitting final defeat.

"No man is ever whipped, unless he quits in his own mind", Napoleon Hill, "Think and Grow Rich".

 

Article Source: http://EzineArticles.com/?expert=Gerrald_Hendrix

 

Valuations between estate agents can vary wildly, but a raft of high-tech websites now give you access to the kind of detailed house price data that was once the preserve of agents and mortgage lenders. It’s possible not only have a nose at what neighbours have got for their houses, but look at future predictions and even get a free online house price valuation.

• Check how much houses in any street sold for
  
  While some websites try and charge for this information, you can get it speedily and for free from Nethouseprices or Houseprices. Simply enter a postcode or street and they list which properties sold and for what, plus allow you to narrow the search by house age and style. The sites take their data from the Land Registry and the Registers of Scotland.
  
  To take it a step further, Houseprices also plots houses and prices on a Google map. Just click on one of the pins and it’ll show all the info and sale price for that particular house.
  
  
• Get an instant online 'valuation'
  
  There are a couple of sites offering free online tools that will value your house. Yet it's important you take these with a pint pot, not a pinch, of salt. Any slight variation from the norm and they're way off, so only use these as a guide and a bit of fun rather than a fully reliable source.
  
  The first to try is Zoopla.co.uk. Type in a postcode and it will give you a rough indication of sales prices for that area. You can then select a home in that street and answer questions to get a bespoke online valuation based on previous sale prices and market climate; you will have to login to do this though. Alternatively, there's Propertypriceadvice: it's slightly quicker and easier to work through, though asks less questions. It also requires your e-mail address to get its full valuation.
  
  There are also paid for reports out there from Mouseprice and Hometrack for around twenty pounds. As the accuracy of online valuations is still highly questionable, if you want one, stick with the free ones.
  
  
• Property Price Trends
  
  For some serious data on price trends, the Land Registry’s House Price Index gives average house prices by country and region, breaking them down into different property types. Stats geeks will enjoy Lloyds' housing research, which features its official house price index, a regional house price map and average prices by postcode, closely followed by Nationwide's similar research.
  
  
• Property Price Predictions
  
  No one can tell you what's going to happen to house prices, though many will try. I remember doing an ITV News debate with a senior estate agent, and a City economist. The first predicted strong house price growth, the other a 30% crash. I said "anyone who tells you what will happen to house prices is talking nonsense; no one knows". To which they both said "rubbish!"
  
  Property is an asset just like any other, and just as no one can always call the stock market right, the same's true of property. Yet if you're looking to see what the pundits predict, a useful place to do that is Housepricecrash. It's an website with a pro-property price crash agenda. Yet don’t be put off by this: it also collects statistics from places like the Land Registry, the Financial Times and Hometrack to track house price trends. Plus it tracks house price predictions from different experts to give an idea of what the future might hold.
  
  
• Find properties that have dropped their asking prices
  
  A clever little website, Propertysnake, shows which properties in an area have recently dropped their asking prices, and by how much. Type in a postcode to see who’s having trouble offloading their house and what percentage they’ve trimmed the price by - a useful bargaining chip in purchase negotiations.
  
• COMPILED BY MONEYSAVING EXPERT
  
  

13th October 2009

New EU proposals could force landlords to alter rental properties for disabled tenants they may never have.

The UK's current regulations require certain changes to be made to a property to cater for the needs of a disabled tenant.

However, regulations by the European Commission could mean changes would have to be made in all rental properties, irrespective of whether the present tenants require them.

Necessary changes could include external ramps, and adapted bathroom and kitchen facilities among other points.

There is worry from some sectors who believe that the legislation would mean an unnecessary expense for landlords.  There is also concern that it could turn investors away from buy-to-lets, exacerbating the housing shortage in much of the UK.

Richard Jones of the Residential Landlords Association (RLA) states: "This is particularly wasteful and excessive when landlords cannot possibly know in advance what work may be needed to cater for a tenant who, in most cases, will probably never appear anyway."

This opinion is shared by Stephen Parry of property law experts, Landlord Assist: "We are being told of a housing shortage and therefore government initiatives should encourage the development of the private rented sector."

However, as a directive it would be meant only as a guideline. Each government would have significant flexibility in to the extent to which it is enforced.  The government has so far not commented on how it would respond to the legislation if passed.

Compiled by LUDLOW THOMPSON ESTATE AGENT

Mortgage holders 'could see price of home drop' Written by Simon Whittaker

It remains to be seen if the rising unemployment figures in the UK have an effect on the price of property, according to Selwyn Lim, director of online property information portal Mouseprice.com.

Those with buy to let mortgage products and other types of home loan could yet see the value of their assets weaken in the coming months, it would seem.

Mr Lim said that those who think unemployment will have an impact on the value of housing are "pessimists".

"Unemployment is one of the lagging economic indicators with regards to economic cycles," he explained. "Typically, if the past is anything to go by, it is the last indicator that tends to keep heading downwards while there is a turnaround in other indicators."

The industry expert added that there have been a number of reports citing an upturn in the property market, but some observers are waiting to see what rising jobless figures will do to the sector.

Earlier this month, official statistics showed that unemployment in the UK had surpassed 2.4 million.