Menvo Limited is a worldwide property investment company, specialising in the renovation and construction of properties in the USA, UK, France, Hungary, South Africa and Nigeria. We provide a complete end-to-end service for investors wishing to purchase properties in these countries and build profitable portfolios.
Currently the USA property market represents outstanding value for investors. Recent economic events have given rise to a fantastic opportunity in the foreclosures market where properties can be bought for a fraction of the cost. Rental yields are in many cases extremely high, providing investors with great monthly rental income.
However this window of opportunity will not remain open forever, as the market begins to show signs of recovery. You must take action now in order to enjoy the unrivalled levels of profitability and growth that are currently available. Indeed, the US property market has not seen these price and profit levels since the last thirty years.
Foreclosure in the USA is the legal process through which lenders take possession of a property. Lenders in the US can be a bank, financial institution or government agency such as the Department of Housing and Urban Development (HUD) or Department of Veterans Affairs (VA). Foreclosures occur when homeowners default on their mortgage payments.
Banks do not like owning foreclosures as they are in the business of dealing with money and not real estate. It puts a burden on their resources as they have to pay for taxes, insurance and maintenance. As a result they are open to doing deals to get the property off their hands as fast as they can and recover the money they have lost through the repossession.
In the current foreclosures market, it is possible to get super deals of 30-60% below market value giving the investor handsome levels of equity in the mid to long term. We have prices currently starting from as low as US$5000 for a 3 bedroom house in Detroit, Michigan. The average rent for this type of property is $700 per month.
Foreclosures represent an incredible opportunity to make a substantial profit every time you invest in them. You can buy and hold for mid to long term profit gains as your asset matures or you can explore other exit strategies underpinned by US government schemes. You will also benefit from high rental yields attracting rental income straight into your bank account.
Get started today by receiving fresh lists of low-priced bank-owned repossessed and foreclosed properties as soon as they are released. This will place you in the driving seat to make offers on properties that meet your investment criteria. Properties do get snapped up fast by investors who are keen to profit from the incredible deals on offer.
Sign up now to get life-time priority access to these amazing property deals, which are sent to your email inbox every day, for a single one-off subscription fee of only £250. The first hot list will be in your inbox within 24 hours.
Contact us now to find out how you can profit from property in the USA. Call us on +44(0) 1322 436385 or 07956 629744 or email us at: info@menvoltd.com.
The next FREE seminars are in Lagos (Thursday 11 August) and Abuja (Saturday 13 August). These events are a great way to find out more information or to get answers to any questions you may have.
Go now to the seminar page for FREE tickets and event details.