speedyxjs
|
| posted on 17/8/07 at 07:13 PM |
|
|
Property development
My brother and i are looking into property development.
Does anyone know if there are there any sites that offer cheap houses for sale that need doing up?
If not where is the best place to start looking?
How long can i resist the temptation to drop a V8 in?
|
|
|
|
|
millemg
|
| posted on 17/8/07 at 07:17 PM |
|
|
Ahhhhhhhhh, those were the days
|
|
|
Gixer Indy
|
| posted on 17/8/07 at 07:22 PM |
|
|
ave a butchers at pickupaproperty.com
I was thinking of doing the same,just not got round to it yet!
Flat out til you see God, then BRAKE!
|
|
|
JoelP
|
| posted on 17/8/07 at 07:25 PM |
|
|
quote:
Originally posted by speedyxjs
My brother and i are looking into property development.
Does anyone know if there are there any sites that offer cheap houses for sale that need doing up?
If not where is the best place to start looking?
such sites dont exist. Anyone in the trade with knowledge of good deals will pass them to people they know for a cut. If you find a site selling
bargain houses, its probaby really selling 'problem' houses and making the owner a fortune.
I knew a guy who would buy the large houses in student areas, convert to bedsites and then sell to people to rent to students. He had dedicated teams
of builders and a full time mortgage broker who could sort finance for anyone, needless to say he's now a multi millionaire. This is where money
is in property, too many people are trying property development in the mundane sense. As millemg says, the days of easy money are long gone!
|
|
|
saigonij
|
| posted on 17/8/07 at 07:31 PM |
|
|
go to building societies and ask to see there list of repos.
|
|
|
thunderace
|
| posted on 17/8/07 at 07:33 PM |
|
|
do it the real way go to an agent ask them to go to lunch tell them what you want to do and ask them how much they want to put stuff at a good price
your way it works there money grabing scum mate.im selling all mine off as i think things are going to crash after xmass.
(a back hander always works no mater what your doing)
|
|
|
higgsti
|
| posted on 17/8/07 at 08:11 PM |
|
|
just bought one off barrats the house builders one of there pxs .paid 83k spent 3k plus my time revalued at 103k .gonna rent it though in 3 years i
can make same money on rent and still have property
|
|
|
froggy
|
| posted on 17/8/07 at 08:12 PM |
|
|
i made two offers on my plot ,both were rejected so i did some snooping and contacted the seller direct,he knew nothing about my offers and it looked
like the agent was sitiing on the site for a builder mate of his to develop it together. there is a real network between agents and developers ,
|
|
|
fesycresy
|
| posted on 18/8/07 at 09:13 AM |
|
|
My neighbour is an estate agent.
As froggy said - spot on.
-----------------------------------------------------------------------------------------------------
The sooner you fall behind, the more time you'll have to catch up.
|
|
|
.jpg){kind=avatar}
