Emerging Property Investment

Gambler101

possible clever spam maybe?

eskbanker

My curiosity got the better of me and I followed the link in the OP - it's the usual meaningless puffery but one standout for me was, in response to 'how can I trust the developer?', "Our developer is a Top 400 residential build company..."! A Top 400 property developer, wow, where do I sign? Let me just try to withdraw my savings from my Top 250 bank account and send a cheque via a Top 50 postal service....

Browntoa

I'm expecting another one post wonder to come along and sing the praises of the company and how he's made millions

HappyHarry

Clive_Scott wrote: »

Good Day Martin/Forum
I retired from the military after serving 33 Years in the RAF and now I am looking to invest my hard earned cash in a suitable investment package. I have enquired with a number of companies who deal in investment properties linked to the Student Accommodation and Holiday-Let business. One company in particular seems to have a good package of investments - emergingproperty.co.uk which uses a solicitor I think 'Browns' in the north East of England to do its legal contracting work. What attracts me to the package is the following:
1. Yields of 8-10% of the purchase price every year for a minimum of 10 Years.
2. No additional costs - stated in its advertisement.
3. Zero Management Fees.
4. Zero Ground Rent.
5. Zero Service Charge.
6. Zero Agency Fees.
7. Zero Maintenance Fees.


The question I have is this investment too good to be true or should I proceed to invest?


Thank You in anticipation of your assistance with this request.

Without meaning to put you off too much, have you researched the company at all?

Companies house has some details you may want to consider:


The company was set-up in March 2015.

It has one director, Andrew Crump.

Latest accounts registered with Companies house show net assets of around £360,000. It doesn't say how many properties are owned.

It has new majority shareholder, XIP Capital Limited, set up one year later, and with the same sole director.

This looks to be an incredibly high risk investment, if indeed investment is the correct word. I think "speculative" would be a kindly [STRIKE]appropriate[/STRIKE] term.

You say you have "hard earned cash", which implies you may not be experienced in investing.

This looks like a very, very good opportunity to lose some of that hard-earned cash.

Clive_Scott

Good advice which I appreciate. I am like most people with equity to invest, in that I struggle to find ways to safely invest at low to medium risk in the current environment of low interest rates. Thank you once again. Very helpful.

jimjames

Clive_Scott wrote: »

Good advice which I appreciate. I am like most people with equity to invest, in that I struggle to find ways to safely invest at low to medium risk in the current environment of low interest rates. Thank you once again. Very helpful.

Surely a S&S ISA with appropriate funds is a very easy way to invest safely at any time? It's not really a struggle, the struggle is finding scams and dubious outfits who will take your money and give nothing back.

martinrose

Hello , I actually invested with emerging property, and two investments went bust.
One was a scam to begin with, I'm not sure about the other but either way they stopped paying investors after about two years. The investments were a North Dakta Motel, New Harmony Homes, and The Corran Resort in Wales. You can google them for more info.
Emerging Property is just another agent offering too good to be true investments.
Don't be fooled by the high quality marketing of the "investments". Bear in mind that when things go wrong, and they do, you have no one to turn to. They are unregulated, don't have an office, physical location etc... they'll just ignore your calls. Keep away from them and all other agents offering the same or similar investments.

MaxiRobriguez

Clive_Scott wrote: »

Good advice which I appreciate. I am like most people with equity to invest, in that I struggle to find ways to safely invest at low to medium risk in the current environment of low interest rates. Thank you once again. Very helpful.

Clearly difficult but the answer is not to put your money into high risk speculative bets.

Know your risk limits, and stick to them. If that means losing out on gains for a couple of years in order to protect yourself against significant losses then that's a bonus of rational decision making, not a negative.

If you can't decide what to invest in, stick in cash or pay off debts and wait for good opportunities.

eskbanker

^ There's not much point offering guidance to an OP who hasn't been on the forum since August 2017, even though this old thread was resuscitated by another poster today!

MaxiRobriguez

eskbanker wrote: »

^ There's not much point offering guidance to an OP who hasn't been on the forum since August 2017, even though this old thread was resuscitated by another poster today!

Hadn't noticed the dates!