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Case Study
Property provides a sound investment
Meet Keith Roach.
Keith is no stranger to the property industry. He runs a successful renovations company helping people to add value to their property on a daily basis. “I decided to invest in property because I know it to be a sound investment. My pension is not on course to make me rich and my other investments are stuck like a dying duck. Property appears to be the only viable investment on the market at the moment.”
Like many other investors Keith starting out by attending a well know property investment seminar course. After parting with thousands of pounds for the course he made some enquiries and discovered that many of the same opportunities were widely available through other investment companies without having to pay any membership and seminar fees. One such company was Property for Life. “I initially came across PFL via the internet. I liked the way you could see the deals on the website, it gave me confidence in purchasing my initial property in Oldbury which was so uncomplicated and was such a great deal I decided to buy two.” Since then Keith has purchased a further 5 properties through us and is currently sitting on a property portfolio of 10 which tops a million pounds.
Keith notes that with any financial investment there is an element of risk, however with regards to property acquisition this is a risk which can be easily managed. “My wife will tell you I am a seasoned risk taker, however I like to think I manage these risks. I always carry out extensive research in the areas I buy and have spread my portfolio across the UK so as to reduce this risk further. Generally I prefer to buy new build property as it tends to be easier than renovating existing property. I have peace of mind from buying through Property for Life and am able to use a hands-off approach to investing which suits me perfectly.”
Its not only the peace of mind Keith enjoys from buying through our company, but also the buying power through syndication. “Buying new build through a company such as Property for Life enables you to purchase more property than you would be able to if you invested on your own. If I had gone down another route I would probably only have 2 or 3 properties in my portfolio at the moment, instead of the 10 that I currently own. The low money down deals are great for minimising capital outlay and I have recommended this route to my employees, many of whom are struggling to get onto the property ladder.”
Keith’s aim is to secure a comfortable retirement but also to help his children onto the property ladder in time. Keith’s plan is to add around 4 properties a year to his portfolio through Property for Life. “PFL is a great company to work with, very friendly and informative, the website allows you to see the investments in black and white, there is no doubt, they have helped me on my way to my first million pounds. I’m looking forward to working with them in the future.”
Keith has well and truly caught the property investment bug and is well on his way to financial independence. He is a great example of what can be achieved with research and a little courage and we look forward to a continued relationship with him.
