My Property Failure – An ‘Armchair Investment’
I have decided not to name the company as it’s irrelevant – I will call them X.
I purchased some of their books, met the Director and was a subscription member of their forum for 3 years before investing in one of their off-plan deals in Cyprus – I trusted [...] Continue Reading…
Too much work for too little money
My first major renovation was nearly a disaster. I turned down light renovations (new kitchen and bathroom, décor, maybe double glazing and central heating, possibly a rewire, no more) which would have been easier, quicker and more profitable, to take on a wreck which would [...] Continue Reading…
Not a disaster but..
Just before the crash came I invested heavily with a friend to purchase a modest 2 bed detatched in an excellent & sought after area. The idea being to add extensivly to the property & make it a luxury property in a top area for a quick & lucrative [...] Continue Reading…
I Picked the Wrong People
I had a big project to do – massive, twice the size of any project I had done before. Previously I had employed people and supervised the work myself, but I decided that this time it needed to be supervised by a professional. I knew a lawyer who specialised [...] Continue Reading…
Who’s your tenant?
So I use Letting Agents to make my life simpler, right? Well now one has closed it doors, owes me rent and I don’t even know the name of the tenant! So now, having never met the tenant, I have to convince them I’m their landlord and they [...] Continue Reading…
Roof fail!
A few years ago I had a property which I had paid too much money for and spent too much renovating. The mortgage was crippling me and I was keen to get it let asap (I would’ve sold but I had spent too much
I showed a load of [...] Continue Reading…
When trust almost cost me the coat off my back!
Trusting the builders I had used before left me seriously out of pocket [...] Continue Reading…