A Commercial Approach

Rupert Smith, founder of Complete RPI, discusses the issues that investors need to consider when investing in UK property

Acquisition Strategy

Strategy ... who said strategy? Surely it’s as easy as popping along to a very expensive hotel to attend another property exhibition on a Sunday afternoon? Tempted by free nibbles and feeling slightly jaded with a desire to build one’s property empire, that must be way to become a property mogul, right?.

Yes you could or indeed probably have, but did you get lucky or make a major financial decision based upon gut feeling? Promises of a reception room "looking out to herds of wildebeest wandering majestically across the plain" – or in reality a dark redbrick wall and the sound of the 10:46 to London Waterloo thundering past?

All that is shiny is not gold! Too many of my clients have been wooed by the 'SOLD' sticker and promises of emerging markets and rolled-edge marble effect work surfaces. Complete RPI take a completely different view when advising clients; we have no hidden agenda, no conflict of interest, just good old fashioned experience. Ask yourself the questions, why am I looking to invest? What are my motives? What can I actually afford? What is the net return after all costs allowing for void periods, service charges, disproportionately large agency fees and shifts in interest rates? We at Complete RPI will highlight every single last element of realistic expenditure to find out what the ROI really is.

We advise clients to acquire a mixture of both capital growth and yield driven residential investment opportunities. Let the income service the debt of your poor yielding central London apartment for instance and include diversity and spread your risk. Complete RPI have access to the entire UK market, not just the shiny new developments that may or may not be worth more than you paid for them in 12 months time. We acquire properties with tenants in situ and a proven track record of rental income rather than the "let’s tell the client what he wants to hear" approach. We acquire property with guaranteed corporate rental terms for 3 / 5 and 10 years, property which may require refurbishment where the value can be enhanced, real distressed properties acquired direct from the receiver or bank.

And not only that. We will asset manage your property portfolio (even just the one property), giving you exclusive access to your very own bespoke property portal (which has been two years in the making and very expensive I hasten to add), which enables you to review financial performance, inspection reports, management statements, invoices, expenditure and much more. I shall be discussing fees, location, finance and letting in the next edition, but in the interim please take a look at www.completerpi.com.

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