 |
 Reference Code:
Call us to book or to ask a question! |
|
At Property Mentor we have all stood where you are now - looking to invest - so we know first hand how it feels to have lingering questions about the property investment market. Will it work? What does it entail?
It's okay.
To help you with your decision we have complied a list of frequently asked questions, so any questions you want answering... you can find it here. These questions cover everything: the free 2 hour course, the full two day course... we have got it all covered. What's more we’ve broken them down into:
General - Content - Your Circumstances - Booking - The Course - Support
It couldn't be easier, but if you still can't find the answer to your question, then please call us on 0845 020 4232. We'll be more than happy to help.
General Well yes we do, but that is not the reason we teach the Property Mentor course. You see, we've built a portfolio the hard way. All the trial and error, all the mistakes... we did it alone with no support or guidance to help us through it.
For you we want it to be different. We want you to succeed, so we have created this exclusive course to give you the chances we didn't have. To make your journey into property investment easier than ours was.
Our ultimate goal is to set up a community of like-minded people. A group that is dedicated to helping each other succeed, and committed to passing on all their skills and tools to the next generation of Property Mentor delegates.
We know from experience that some of our larger and more lucrative deals would have been very difficult to exploit on our own, but with a group it was easy.
That is why we encourage all our Property Mentor delegates to meet and talk regularly. So that all their experiences can benefit the learning curve of others, and create a stronger community from it.
In fact, we have documented proof that this can quicken their progress towards their goals.
It is all about teamwork.
Do you offer property to your delegates?
No, absolutely not. Other investment companies may tell you to 'invest here' or 'buy this property there', but we are different. For a start, our course is purely educational. No catches or hidden clauses. Just the pure opportunity to learn.
We do agree with you though.
There are too many 'seminar' companies (talk shops, not courses) out there exploiting their delegates. Too many who are damaging the name of reputable companies such as ourselves by trying to pass onto you off-plan properties after their course. It's incredible what lengths they will go to.
Take the aged old favourite
'we have managed to negotiate a 'deal' from a builder - just for you.' It's a classic - we all know it - yet the most surprising part is that they want you to pay for it!!! Even after everything else!
In essence, they are first asking you to pay to learn how to become a creative property investor, and are then charging you for finding a property. It's crazy and makes no sense at all. Yet there are hundreds of companies doing this every single day.
Even more worryingly is the type of properties that they then try to offer you.
More often than not they buy these properties
'in bulk' and release them 'in bulk'. And guess what happens to the rentals values when there are lots of properties released at the same time in the same area... they drop.
We don't work like that.
At Property Mentor, our course is specifically designed to help you research your own properties from anywhere in the UK.
Of course we will be on hand to lend advice and guidance, but the properties you pursue will be through your choice and your choice alone. We will only be there to support you. Nothing more.
What can go wrong? Can I get into a lot of debt?
Yes, you can get into a lot of debt, but it is 'good debt'. We know we've just slightly confused you - how can any debt be good? But it can!
You see, although you may be taking out a loan to get a mortgage, it won't be you who will be paying for it. No. Not one penny. Your tenants will be paying for it all.
It's incredibly simple.
By
using our techniques you can buy a lot of property - and yes have a lot of debt - but it's all 'good debt'. Good debt that will pay for itself.
NOTE: We DO NOT advocate using credit cards or taking out bank loans to buy property. Yet incredibly some courses actually do!
One of your unique skills is that you can get £500 passive income from a single property - How is this possible?
Aha - that's one of the secrets! You need to come on the free 2 hour course to get this answer.
Does your property course involve paying a sum of money in order to buy a property?
No. The fantastic thing about our system is that it can help you to invest using little, if any, of your own money, with no financial risk to your home. Plus using our specialised software you can research the profitability of your properties all from the comfort of your own home.
We don't offer property to our delegates like other courses do. No. We want you to be able to leave our course confident that you can invest in any market, in any city - independently.
How do you get the cash flow from the properties?
The way we approach properties is very different to most other investors.
For a start, whereas 95% of investors still use the same systems they used during the property boom, at Property Mentor we adapt. We constantly seek to move with the changing climate to ensure our delegates will always be able to invest. No matter the market.
So how are we able to obtain huge passive incomes from property? I'm afraid that is one of the secrets of the course. Ssshhhh!
Will this system work in all parts of the country?
Yes! In any city, town or village.
It is one of the main reasons we run our courses all over the UK. To prove to our delegates that every city, town or region has got investment potential. You just need to know where to look, and where to apply our techniques.
We promise by using our specialised software, you'll soon be able to find the perfect property. And one that has got all the perks: a guaranteed passive income, every single month.
Does this work for residential or commercial property or both?
Our course initially focuses on the residential property market, but yes you can eventually branch into Commercial. It is what we describe as stage two of your investment career.
And let us tell you, since we started Property Mentor in July 2003, many of our 1,800 delegates are already at this stage and are loving it.
How do you know you can withstand a 10% interest rate?
That is easy… by doing the maths. But don't worry. You won't need a calculator to work this one out. Our unique software will do it all for you: all the equations; all the maths... with this software, you will be able to work out your potential passive income before you even view the property. Keeping you always in the positive.
What's the advantage of buying land?
A lot, if you know how to use it.
As a island, land
In the UK is a precious commodity. We have only got so much space, so buying land - in the long run - could provide you with a huge advantage. It just then simply becomes the case of how you use it.
Land alone makes little cash flow. It is only when you introduce property - the banks next love - that you can generate a substantial cash flow from your land.
But if you are interested in pursuing land investments, we recommend you wait until later in your investing careers. Why? Because you need to think ahead.
To create a build, you need cash. And to create cash, you need to establish your portfolio first. What you do now will work for you again in the future.
Do you offer a guarantee?
Yes we do!
If by half way through the 1st day of the course, you decide you are unhappy, we will give you the option to leave with a full refund*. No questions asked.
We know though that the Property Mentor™ system works. It is a credible proven system that has proven itself time and time again - 1,800 times in fact.
The real question is - Do you want to succeed?
*Only if delegates have paid the full fee for the course.
What happens if the property market goes into recession?
Nothing. Well, more than nothing... you as an investor will be investing like never before. Why? It's simple.
In the property market - when prices start falling most people start selling, and when people start selling, the bargains will come rolling. It's an incredible opportunity.
You see, even though everyone will want to sell, no one - except you - will be able to buy.
And if no one can buy, you can tempt them with your insatiable bargains that they won't be able to refuse.
Incredible.
And what about the rental market? Well, here is the best part. No matter the financial climate, there will always be a demand. Yes, it's true. Following a recent survey it was discovered that 71% of the population would rather rent than have a mortgage. That is 41.18 million people!
So if house prices do keep falling -
it won't make a difference to your rental income. If anything it will either stay the same or keep rising with the demand.
Can you provide us with a Mortgage Broker, Conveyancer, Surveyor etc?
Yes - with the help of our Property Mentor Finance team, you can gain direct access to our brokers, and Solicitor/Conveyancing team, and begin investing in as little as 30 days.
Do we have to use your team?
No, of course not, but we have to admit they are a great team. It took us 20+ years to find them and that time is something not everyone has. That is why, we recommend that you do use them until you are able to set up your own team. They will be well worth your time.
Do you cover borrowing overseas?
No. On the course we focus purely on the UK market. However the same techniques can be used abroad. Take the US and Spanish property market, they too have felt the highs of the property boom and the lows of the credit crisis.
If anything the property market is globally connected, so if you choose to invest abroad, our techniques could help you there too.
Are we using limited company or offshore structure to purchase properties?
Well now… that would be telling. Come on the course and find out!
How do banks lend money for investment property?
Their system is simple: rental income. Not your own income or the value of the house, but the rental income that the property can generate.
Take for example this scenario: if a property can command a rental income of £1,300 per month, your lender will be more than happy to lend a mortgage (usually up to 85% of the value) providing that the rental income is 1.3 times the mortgage payments.
In this case that would be £1,000.
If you can give them the profit, they will give you the loan.
Do you advise buying via agents, privately or from builders?
Any! Everyone is different. A technique that works on one person, may not work on another, so keep your options open. You may find a hidden gem where you weren't expecting one.
Does your course talk about Mortgages Notes? What are they?
Yes, we have got all these topics covered, so don't worry you're in safe hands. During our additional training days, we will ensure that even the smallest details such as mortgage notes are explained so you can feel confident when investing.
Will you tell us how to find deals?
Yes. The Property Mentor™ System covers everything that you need to do, everyday as a property investor... from finding property to letting it out. We have covered all the bases.
Do your techniques work for all types of residential property?
Yes! Detached, semi-detached or terraced... with our system you will be able to invest in them all.
Does infrastructure proximity have an impact on where we buy?
Yes and... no. One of the key aspects of the Property Mentor™ system involves taking into account these infrastructures, so that when you are researching your properties, you will know which are the right deals for you.
What sources of research do you use?
As many as we can get our hands on! The more research you do the better! Newspapers, estate agents, the internet... we will tell you which are the best sources to use and will even provide you with the software to do the analysis on.
Do you cover non UK property?
No, we don't. The Property Mentor™ course specialises on UK property.
Do you cover 'back to back' deals?
Yes and yet no. We don't cover this explicitly, however you can use techniques from our course to do this.
Do you cover buying 'off plan'?
Yes, we do. Although some investments, such as 'off plan' may not work during a credit crisis, we will provide you with all the tools to invest when we go into our next boom. With our system, you will always be able to confidently invest in any market.
Do you teach whether to use an interest only or repayment mortgage?
Yes we do, but the decision to pursue these will be yours alone to decide. Our goal is to give you options; a variety of choice. In the end, picking an interest only or repayment mortgage will be purely up to you.
What type of property is best - new or second hand?
Both. Yes, you can potentially achieve a substantial income from both of these properties. It just depends on your situation, the deal and how you've structured your portfolio.
This is why property is so fascinating.
New or second hand, each have so much investment potential.
Do you deal with auctions?
No, we tend not to buy at auctions. Why? Because we know that we can make more money - quickly - by buying property that doesn't need work doing to it.
Auctions can come at a big risk, if you don't view the property before hand. What may look like a bargain in the guide, may be a property that needs too much work doing to it. Work that could cost you time, energy and money as you bring it up to standard.
Other seminars take up to three or four days - how come yours is just two days?
Our free course is just 2 hours, however the full course is run over 2 days.
What makes us different is that we focus on what works; on teaching you ways to develop your portfolio quickly so you can benefit from a tax free income.
The rest are just overcomplicated.
During those 3 to 4 days, they will talk you through complex purchasing techniques, but where is the guarantee that they will work? Exactly. Most of their techniques would be hard, if not impossible, to apply to real life.
Why waste your time, energy and money on techniques that won't work? Our delegates can use
those extra days to start researching, get stacking and begin investing in property - in just a matter of days.
The whole focus of the course is to get you out buying, investing and learning. There is no point talking about advanced topics of accounting and tax when you don't have any property.
You need to put what you have learnt into practice. And after the course? We will be there to support you every step of the way through our additional training days.
So yes, you may get those initial 4 days of training from other investment courses, but at Property Mentor we can give you FOUR YEARS of extra training - 54 days of expert advice and tips that will prepare you for anything. What other company can do that?
Do you give written and printed material during the course?
Yes we do!
1) You receive a Property Mentor™ workbook that contains all the hand outs and exercises.
2) After the course you get access to the Property Mentor™ delegates web site where you can download various documents and guides.
So if there is anything you are unsure about or want to try again, these exercises will give you just that!
By the end of the course will we have a proven system that shows step by step what to do and two ensures money will be made from property? Can this system be easily referred to?
When we say 'we practice what we preach', we mean it. The system, the tools, the software... you will have full access to it all.
So compared to other courses, who will only give you advice and tips, when you attend our course we will give you full access to the very same system we use
everyday of our investing lives! Plus we will give you a detailed workbook that will guide you through everything.
Do you have to have a lot of money in savings or have a high paying job to do this?
No. We started with nothing, and you can do the same. In fact your job has very little to do with buying investment property. It is the property you choose, the rent it can generate and its location that is the deal sealer. Once your bank spots the collateral potential, they'll be more than interested in your investment proposal. They'll be ready to sign.
I'm a complete Beginner - Is the course for me?
Absolutely! The course covers everything you need to know about investing in property, plus much, much more...
I don't have the best credit history in the world - Is there any point in me attending?
Yes.
One of our biggest promotions about our course is the fact that we can show you how to invest using little, if any, of your own money. And it's real.
You see,
property investment has very little to do with you as a borrower. No. When it comes to property investment, Lenders are much more interested in the rental assessment. Their main concern is: will the property work, not whether you can afford it!
No, you don't understand... I really do have a bad credit history
We recommend getting your credit file from experian and equifax, and speaking to a mortgage broker. If they think you can get a mortgage, then book on the course.
We are confident that no matter your finances, you too can benefit from property investment. So give us a call.
How could bankruptcy affect me using the system?
It can, but not in a bad way!
If you are currently bankrupt, then chances are that you will not be able to obtain a mortgage, but it doesn't have to be this way. Using our system, if you have been cleared of bankruptcy in the last few years, we can help you to get a mortgage and invest.
So give us a call. You can turn your finances around.
We have no money other than the course fees - can we still succeed?
Of course you can - we started our portfolio with no money too and you can do the same. The only difference is you won't be alone. We will be there to help you every step of the way.
Can we still keep our day jobs or is property investment a full time job?
Yes. In fact, you can research and build up your portfolio all in your spare time. And if you want to turn property investment into a full time career, you can do that too.
Property is so versatile, and as a professional landlord, you could soon be spending as little as 1 hour a week maintaining them. Great!
Is there a way where I can pay for the course from the profit I make?
Yes! You can spread out the cost of the course, using one of our interest free payment plans.
The full cost will still be the same, but all you need to pay to attend is a deposit followed by either 10, 20 or 35 monthly payments - whichever is easiest for you. And if your first deal proves fantastic, this remaining balance could be cleared sooner than you think.
I have made £millions in property - what can anyone teach me?
In property there is always something new to learn. We are still learning ourselves.
What we are offering on our course are new, unique techniques that could accelerate your portfolio even quicker, and help you to invest in all markets.
You'll be surprised by how much a simple trick can affect your portfolios profitability.
I am not even on the property ladder yet and just rent. Would that hinder me in any way with banks or anything ?
In a simple word NO. If anything this is the perfect opportunity to get on the property ladder and make yourself the 'landlord' :-)
I am resident offshore. Can I apply your property scheme by purchasing properties through an offshore structure?
Yes, in fact that is part of what we teach on the course.
How can I check course availability?
Easy. By checking the bookings page or giving us a call on 0845 020 4232. We regularly update our site to ensure that you will always be able to access one of our many courses. So take a look and book onto your nearest course.
Can I pay with my credit card?
Yes. Just call us on 0845 331 3495 and we can take the booking over the phone. Or alternatively you can book on the web site!
How much money can I make from your course?
Well, how much do you want to make? What we are offering is more than an investment opportunity, but the chance to invest using none of your own money.
So ask yourself this question: if you didn't have to put any money into a deal... how many would you buy? Exactly. Your choices will be endless.
How many people attend the course?
We allow only a maximum of 24 delegates to attend our seminar. Why? Because we believe in the power of learning. In bigger groups, being able to put in your own personal input can be overshadowed, but in a close intimate group, you can take advantage of all our skills and know you are getting the best advice.
How intense is the course?
We have to admit the course is Intense. Starting from 8:30 am on Saturday, it will finish around 11:00 pm that night. Then we will start again at 9:00 am on Sunday before finishing around 5:30 pm that evening.
You will need to have stamina. But it is worth it. We have helped thousands of people aged 18 to 65 years to become successful delegates on our course. And you can join them.
How many courses have you had? What's the success rate?
We've been running the course since July 2003, with roughly two courses a month.
Our success rate from the first course is 100%, and our current success rate is just over the 60% (this includes most current courses where delegates might not have done deals yet).
How much property has been bought through your courses
Whilst writing this, our delegates have managed to buy over £60 million of property in 14 months! Yes, even during the credit crunch!
What about any negative feedback? You have not mentioned anyone who has failed on your web site. Is everyone successful?
So far we have had only one delegate drop out and stop building their portfolio. But out of the delegate base roughly 60% have done deals, 39.9% are working towards deals, and 0.5% have dropped out.
On the Property Mentor™ course we teach a system - we don't hand a £1 million property portfolio to you on a silver platter. You have to do the work. The research. The stacking.
Will it be hard at times... yes!
Will you hit brick walls… yes!
Will you feel like giving up… yes!
Should you give up... no!
The choice IS yours, but at Property Mentor we feel the benefits of property investment are just too good to ignore. By investing you can help more than just yourself but can support your family for the rest of their lives. All you need to do is stay focused and the rest will come naturally.
And we have it say, it is well worth it.
What are the downfalls?
We used to say that the worst thing that you could do after a Property Mentor course is not do anything. But we now realise that the worst thing that could happen is you make a mistake and buy the wrong kind of property after the course.
This is why research is such a key aspect to the Property Mentor™ system. It is important to know before you buy that there is a rental demand for your properties.
If there is not, the worst thing that could happen is that you sell, and if you sell the profits you will make will only be short term.
You need to research.
When do we begin to make profit - straight away or over a long period of time?
We can best explain this by using an example:
If you have invested - using one of our techniques - you should essentially be able to make money on it that very same month. It's true.
Depending on when the deal is completed and the contracts are exchanged, you too could experience the success of some our delegates, who have got the keys to their first property in less than a month.
Is it possible to obtain the course materials remotely or on CDROM/DVD?
No.
We believe the best way to learn is through practice; from learning from your mistakes and being surrounded by trainers who can help and guide you if there is anything you are not sure about.
Remote/distance learning cannot give you this level of support or the input you may need... it will be too far away.
How much help do I get after the course?
Loads.
After the course you will instantly be given access to the delegates' section of the web site; have the choice to join a reality expansion group AND will be able to come back on open days like the quarterly Bashes.
Plus we will host additional training days - just for you - for the next 4 years (after you have completed the course).
What more can you ask for?