My Blog List

Tuesday, 10 January 2012

Narrow Road

I have been quite over the last few weeks and been slacking in writing my daily/ weekly blog.

One of the reason has been the purchase of a new investment property. Property tends to be one of the areas I really want to develop as investor. I have spent the last 10 years in the market ranging from flipping properties. One example was purchasing and selling a property in the same day after paying for it cash (That was really scary) as the originally buyer pulled out and we had to find a buyer in a week.
I have also done refurb which earned me the right to a interview on Midlands Today discussing the problem with empty homes.

I currently working on a refurb project that we are renting out, thought I would share some pictures of the current project and then produce some after shots and you can let me know your thoughts.
Bathroom (Stripped and ready lick of paint)

Kitchen being removed for rewire and facelift

Front of House (Rubbish to be removed)


 Some people think it has been crazy to buy in a uncertain market but I follow a rule from the bible, the road to glory is on the narrow road and the road to destruction is wide and well trodden. James Cann (Dragon Den) stated that he lived by this principle which was described in a different way by his father who stated "observe the masses and do the opposite". No one is buying at the moment even though properties are cheaper than before and they cashflow better than before. I see opportunity when others are seeing DOOM.

For every property that I have purchased I have felt nervous and fearful. This project tested me as we had investors pull out and mortgage offers withdrawn but I said I was determined to achieve against all the odds. I hear alot of people speaking about investing in property the reason alot will not is FEAR grips them of falling. The WHAT IF!!!!! Even now I worry but you must deny it and move one with great action whihc moves you out of doubt.

The truth is I have lost money and made money in property and on both fronts I have learnt which ensures that every inverstment is better than the last.

This for me along with www.gen-hope.co.uk are the main focuses work wise in my life so you will be seeing alot more about the property side of things in the future.

My words to any one reading this take a risk (one that you can afford to lose) and see what happens, the worst that can happen you LEARN ALOT. Second OBSERVE THE MASSES and do the opposite.

Remember "God gift to us is life,what we do with that life is our gift back to God"


1 comment:

  1. Good luck with everything, it's definitely encouraging to see you pushing ahead.

    God bless
    X

    ReplyDelete