How one UK investors’ is using US buy-to-let property to pay for his daughters’ university education

By: PRLog
When Alister Weightman started working out the costs of sending his daughter to University he started looking for ways to pay for her living expenses without having to dip into his savings or find the extra money from his salary. Alister, started to look into different investment options that would bring in a steady income and provide a longer term capital gain. Intrigued by the low prices and high returns available on buy-to-let properties in some US cities he started to look more seriously.
PRLog - Jan. 14, 2015 - LONDON, U.K. -- When Alister Weightman started working out the costs of sending his daughter to University he started looking for ways to pay for her living expenses without having to dip into his savings or find the extra money from his salary.

Alister, a Lincoln based dentist in his mid-40s, started to look into different investment options that would bring in a steady income and provide a longer term capital gain.  Intrigued by the low prices and high returns available on buy-to-let properties in some US cities he started to look more seriously at this option.

“At first I was very sceptical about the offer of such high yields and was concerned that if it sounded too good to be true then it was too good to be true”, comments Alister.

“However, I was intrigued and set about doing some serious research on the various companies out there. My son, a property lawyer, did due diligence on the various options available and after much consideration we both felt confident that PCG Invest was the company to go with”.

“I liked the fact that there is full financial transparency with PCG Invest and that they follow a tried and tested process to ensure that your money is safely invested.  There are lots of safety nets in place to ensure that they houses have good tenants, that back taxes are paid so that you are not liable and the legal and tax structures are sound.  There seems to be a lot of checks in place.  They only work with licenced real estate brokers, well established management companies and legal professionals to ensure that their clients’ money is secure during every step of the process.”

PCG Invest, a UK based property consultancy which advises UK investors on buying overseas residential properties. By May of last year Alister had bought his first US property with the help of Darren Brown and the team at PCG Invest.  He now owns 10 properties in Detroit and Rochester New York and is achieving net yields of around 20% and is planning on adding another ten properties to his portfolio.

Darren Brown, Managing Director of UK based PCG Invests says; “As the US economy continues to improve we are always looking for new upcoming cities to source properties for our clients.  Detroit continues to be a favourite for overseas investors, especially as it continues to undergo significant economic revitalisation and growth.”

Last year PCG Invest began promoting properties in other parts of the US, including Rochester, which is in upstate New York and are adding more cities to its roster. Properties are constantly being uploaded onto the website.

“Trust, safety and transparency are the key factors that are making our business successful. Clients like Alister like us because we are completely upfront and open about every aspect of our business. Many of our clients come back and buy more properties, like Alister, who in less than a year has bought ten houses and is buying more.  They like us because we’ve got a process that works and we’re making them money”, says Darren.

Ends

www.pcginvest.com

For further information please contact: Caroline Ratner Communications, caroline@carolinecomms.com 020 8209 0120

Notes to editors

For client reviews of the service provided by PCG Invest please go to Trust Pilot https://www.trustpilot.co.uk/review/www.propertyconsultantsgroup.com.

PCG Invest provides income ready property investments in the US for overseas investors.  For more information about how the process works please go to http://www.pcginvest.co.uk/property-management.

Before you complete on any investment within our buy-to-let sales portfolio you will be provided proof of the rent being paid since the tenancy began, the current lease agreement, a full internal property inspection with video walkthrough if required, a clear title statement showing the property is clear of all debts and encumbrances and you will be connected to a professional management company to look after your property and tenants.

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