Due to being a bit under the weather, I had to cancel my plans for today and stay at home. Once I worked out the upside of that, I realised I had – oh joy of joys – a completely free day on my hands. Which meant I could tidy the office, go shopping, do the filing, the washing, the accounts and my expenses, catch up with The Archers for 10 episodes, Twitter a lot, rack up another handful of ticket sales for the upcoming Property Day, plan a teleseminar for this morning, get the place cleaned, interact big time […]
As part of my work with The Money Gym, I am working with our team to put on a Property Extravaganza on 21st March 2009 in Central London. Tickets cost £25 including VAT and all ex VAT proceeds will be presented to The Big Issue Foundation on the day. One of my speakers, the ever-abundant Peter Stanley, has been wanting to set up a connection between property profits and helping the homeless for a number of years. I am delighted that finally we have been able to bring his vision to fruition. Peter will open the day with his talk […]
It’s an age thing, apparently. I will come through it and out the other side and my memory will return. This week a very odd thing has happened to me, a first in fact. Monday morning, I’m driving up to the wondrous new St Pancras International Railway Station for the 3rd meeting of my Property Boardroom, having been up rather early to interview Rick Otton. And I find I can’t remember (or tell) whether or not I have cleaned my teeth. Since I am about to spend the day in close proximity with a lot of nice, attactive people I […]
Speaking as a survivor of the last recession (1987-1992 for me), I learned three things which I would like to share with my readers and clients, the first of which is It’s Only Money. It isn’t true to say that I can’t understand why people, largely men, kill themselves during great depressions, recessions and credit crunches. I can, just. I think. It’s the shame. I think perhaps they have forgotten that they are so much more than their job or their wealth. Perhaps they cannot face their families, their staff, their clients with their “failures”, some of which was always […]
In 1977, I inadvertenly started my own first business at the tender age of 22, as an accountant. This went on to grow, like Topsy, over the next twenty years into something I could sell for a six figure sum when the joy went out of it for me. A couple of years before that I started my own travel agency in the same premises, and during those twenty years I had also run a catering business with my mother, Daphne, and invested in a cafe. I was never really an accountant to be honest with you, and yet there […]
Yesterday, Nicola and I interviewed Anthony North who is Head of Fundraising for The Big Issue Foundation. He moved us both to tears more than once, often with his own passion for his job! I know I wound up feeling I wanted to do even more to support The Big Issue than we are already doing. We expect to be able to donate around £4,500 on 21st March from our Property Extravaganza day and Nicola ended up emailing him after the interview offering to
A chap on Twitter asked me for my Top 10 Reasons for investing in property. I have knocked out the following very quickly and twittered each one back to him! Because my portfolio is in profit for the first time ever – and quite a big one too which seems to get bigger with each month fortunately. This means I have surplus cash, can soak up prevous tax losses, and cashflow is eased which makes me feel like taking on more of the right investments Because I can buy so cheaply right now and help people in extremis. Because I […]
Duncan's article features Hasmita Reardon, 45 year old former nurse and mother of three, who owns more than 80 properties in her home town of Sittingbourne, Kent, mostly let to tenants no other landlord will touch. I've just sent her an email asking her to come and speak for us on 21st March at our Property Extravaganza day as I am sure she will be very inspiring, especially since she specialises rehousing women on the run from violent husbands - now there's a niche!
You'd think I would learn my lesson by now, wouldn't you? I should stop reading the bloody weekend papers... apparently I have been heard to look up from the financial section two weeks running and say, gloomily, "I dont think will ever get a mortgage again". Good job I've got six already then, and an even better job I know a way of buying property without getting a mortgage at all!
Ian Potter, of the Association of Residential Letting Agents, said: "The contraction in the buy-to-let market will have a very significant impact on the availability of housing stock for the population." GOOD! Is it me? Am I the only one seeing an opportunity here???