Plan for a positive cashflow or face repossession

Released on = June 25, 2007, 2:44 pm

Press Release Author = Nilesh Gohil / Public Angel Ltd

Industry = Real Estate

Press Release Summary = Property investors should plan for a positive cashflow in
their rental income or could face repossession of their buy-to-let properties.

Press Release Body = Property investors should plan for a positive cashflow in their
rental income or could face repossession of their buy-to-let properties.

Property website www.publicangel.com says recent increases in interest rates and
further possible hikes could push some landlords over into the red with their
mortgage payments.

In the race to increase portfolios, some landlords are subsidising the rents
received with their own money to meet the increasing mortgage payments.

This method of property investment promoted by some "property gurus" will lead to
financial ruin for many newbie investors.

Public Angel's Nilesh Gohil said: "It angers me to listen to so called property
gurus preaching to new investors that being out of pocket every month is a good
solution to cashing in on long term capital gains in the future.

"Every savvy property investor should know that, in general, property investors
should plan for a positive cashflow and not rely on capital gains. Any capital gains
achieved should be considered as a bonus."

Nilesh added: "Poor cashflow management by new investors will increase the number of
properties going into repossession. Great news for savvy property investors.

"I urge investors to get the right financial advice and ensure the figures stack up.
I always run my figures past my mortgage advisor and accountant to ensure I am
making the right choice in my property investment".

Nilesh Gohil's, newly released book "Journey of a Thousand Properties", available at
www.publicangel.com, aimed at investors and first-time buyers who want to invest in
property.


ENDS


NOTES TO EDITORS
∑ Nilesh Gohil is available for interview and photographs.
∑ Call +44 (0)121 288 2809. Or email info@publicangel.com
∑ A website factfile is available online at
http://www.publicangel.com/press/pressroom.html
∑ Find out more at www.publicangel.com


Web Site = http://www.publicangel.com

Contact Details =

PublicAngel.com
Studio 222
27 Colmore Row
Birmingham
B3 2EW
West Midlands
United Kingdom

Tel: 0121 288 2809
Email : info@publicangel.com

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