Does this investing model make sense?

by Readers Question

17:11 PM, 2nd February 2020
About 3 weeks ago

Does this investing model make sense?

Make Text Bigger
Does this investing model make sense?

I’ve seen people make millions investing in property, despite not earning that much in their regular jobs, or having much financial sophistication.

As primarily a share investor, I was surprised that people could make money with these strategies.

I have decided to document what they have done in a general sense, using 5 scenarios. The model used explained in the video below.

I was hoping for some feedback on the model.

Does the video clearly convey the technique?

Is there something I am missing that could improve this model?

Would you consider using this model?

I know it works because I’ve seen people use it. So I just want to make an improved version 2 of the video.

Thanks

 



Comments

Mark Alexander

18:14 PM, 13th February 2020
About A week ago

Reply to the comment left by David Lawrenson at 13/02/2020 - 18:07
Excellent response David

David Lawrenson

18:36 PM, 13th February 2020
About A week ago

Also, be aware that frankly there is a lot of funny stuff going on with some estate agents, often without the boss of the agency knowing anything about it.

Example - a house comes up on a Friday on Rightmove. You see it there on Saturday, remind the agent you are a cash buyer (you proved that to them when you came in for a chat two weeks ago) and call them about making viewing on Monday.
On Monday, the agent calls to tell you it's gone.

You say, "How come. But I'm a cash buyer? Why has it gone off market? I was going to see it tonight. It's madness." All to no avail.

The reality is often that someone who is v close to the agent has dropped in and eased the agent into taking it off the market by ahem, making it "worth the agent's while". The vendor may not even know there is another potential viewer - and just goes along with the agent.

Not saying these kinds of payments / bribes to estate agents are common in all agencies, but I know enough agents who tell me it does goes on, especially where buyers who do a lot of business get very close to agents. The worst of it occurs where the client of the agent, the vendor, is someone old and ill advised who does not know the real value of their home.

David Lawrenson
LettingFocus.com

TheBiggerPicture

20:18 PM, 16th February 2020
About 5 days ago

Reply to the comment left by Paul Simmons at 08/02/2020 - 09:42
Thanks Paul for your detailed comments 9:42 AM, 8th February 2020
They are all concerns and considerations. Have had some joy with those myself!

The video in the article was created based on
1) What I had seen people do
2) What myself and others I know didn't know or get at one point.
So was educate about a method in a module, some viewers may want to increase their debt after watching, they don't have to go for the extreme example.

I may do another video, on how to speed up and enhance the scenario given.
But you did give me an idea, to do another some on the pitfalls of property ownership and how to mitigate them. 🙂

I can use the list you have given and add one or two extra. 🙂

1 2 3

Leave Comments

Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.

Forgotten your password?

OR

BECOME A MEMBER

Advance Payments - Kicking the can down the street

The Landlords Union

Become a Member, it's FREE

Our mission is to facilitate the sharing of best practice amongst UK landlords, tenants and letting agents

Learn More