February 14, 2008

Property Investment Secret No 1 - How I Got Started

My career, after spending nearly 12 years in the textile trade in the UK, was at a cross-road to say the least. The UK textile industry was on the floor and I had to take stock of my future. Each year, my ability to earn, was becoming more and more difficult – talk about 1 step forwards two steps back!!

I must have spent literally thousands attending every property investment conference and seminar there was about making money. Things even as sexy as cleaning wheelie bins for a franchise fee of over £15,000!

The one thing that kept on coming back to me each and every time was how much money I had made in equity in my house over what were only a few short years.

I attended 2 very expensive in 2000/2001, spending in excess of £7,500. Did I learn anything from them? Yes – they were certainly excellent things to get me motivated but I couldn’t help wondering that each time I woke up on a Monday morning after spending the weekend at a seminar, had I really got the tools and confidence to go out into the big, bad world and do some deals.

It took me over 6 months, 973 telephone conversations and nearly 7000 miles to attend meeting with developers to strike my first deal. Was it worth it? I’ll tell all in my next instalment……

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2 Comments on Property Investment Secret No 1 - How I Got Started »

February 20, 2008

Andy @ 5:13 pm:

Great site. Much needed commentary in the market place. Job well done

Cameron @ 5:22 pm:

Thanks andy I agree too

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