My Property Failure – An ‘Armchair Investment’

2010 March 28

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…

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Too much work for too little money

2010 March 25
by RichG

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…

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Rating: 9.7/10 (3 votes cast)

Not a disaster but..

2010 March 25
by greaterex

 

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…

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I Picked the Wrong People

2010 March 23
by BigFail

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…

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Who’s your tenant?

2010 March 23
by samwise

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…

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Roof fail!

2010 March 22
by FailedButResilient

Roof Fail!

pfail funny.JPG (26 KB)

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I wish I kept my house empty rather than taking that wad of money!

2010 March 22

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…

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When trust almost cost me the coat off my back!

2010 March 20
by FailedButResilient

Trusting the builders I had used before left me seriously out of pocket [...] Continue Reading…

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Rating: 7.0/10 (1 vote cast)