“WHAT ARE WE FIGHTING FOR? FINANCIAL FREEDOM” SAYS LAWRENSON OF LETTING FOCUS. PLUS, GOING UNDERCOVER TO CHECK OUT THE PROPERTY SCAMS.
One of my favourite TV comedy skits is the one of “Braveheart” by Jennifer Saunder and Dawn French.
In it Jennifer Saunders does a great immitation of Mel Gibson in the film “Braveheart” by mumbling numerous times “We’re fighting for freedom” in a curious part Scottish part Aussie accent.
Well, if I see another property company advertising a “Get Rich Quick in Property” deal with a byline containing something about people “Achieving their Financial Freedom” I think I might explode.
On the subject of property scammers, I’ve just been contacted by a journalist who has been going undercover to expose the property scamsters for a big piece soon to appear in one of the national papers.
Interestingly she came incognito to one of my own London seminars but I’m pleased to say she quickly found out I’m one of the guys in the white hats.
So, she called me to own up for that and to ask my profesional opinion on some of the scams for the article, which of course I am delighted to do. They will appear when the piece is published in a week or so - and we will bring it to you here.
Sadly, she observed that the majority of the people who went to the various seminars she attended did not own their own house and few seemed to have much money to scrape together. Mixing with other attendees round the coffee pot at these seminars she found that most had a low level of education and were financially quite naive.
However, lots of them bought into the guff about “Achieving Their Financial Freedom” and were prepared to hand over what little cash they had for a seminar to a firm that would probably buy them a duff flat that would prove hard to rent out and show little capital gain.
Meanwhile the promoters will earn a nice slice from the various fees -for mortgages, leads, introducing solicitors and the like – and in some cases get a nice cut from a developer.
It is high time this was stopped by regulation.
CRISIS WHAT CRISIS ASK THE PEOPLE OF CARDIFF
Just back from a few days staying on a farmhouse near my old stamping ground at Cardiff where I was at University many moons ago.
I see that in the last few days the financial clouds have lifted which is interesting because I sometimes think the reality does not fit the facts.
Clearly, the finanical sevices sector has taken a bash and London is looking a wee bit sad. Fair enough.
But no one has told the good people of South Wales that we are facing economic armageddon.
You see, I love to walk around the sites of my old uni town - have my pic taken outside my old house in Woodville Road where I nearly froze to death in 1981, get the security guard to let me and my mates into my old hall to have my pic taken outside my old room etc.
But in the end we left the city centre early. The reason – it was just too full, too jammed with shoppers.
Business is booming there which gets me wondering if our London-centric press is all too downhearted about the grimness in the capital to bother to look at what’s happening in the rest of the UK?
The Welsh have always had a party streak about them and some of them really do “live for today”
But on the evidence of Cardiff last weekend, we are definitely not about to drop to our knees in depression and cut back our spending.
So don’t be too downhearted - the South Walians are certainly not.
ABOUT LETTINGFOCUS.COM and DAVID LAWRENSON
I’m David Lawrenson of LettingFocus.com - landlord experts.
I’m the author of “Successful Property Letting” which for the last 3 years has been the UK’s top selling property title - Buy Successful Property Letting - How to Make Money in Buy to Let.
The new edition is fully up to date with all the recent changes to tenancy deposit schemes, HMOs, licensing, capital gains taxes and it has new sections on sale and rent back.
I’m an expert freelance property journalist, property speaker and a well known buy to let blogger
I contribute to newspapers and a host of property websites, write a number of columns in the press and I provide general property education, training & advice for anyone looking to buy property for themselves or to let out.
In my work as a consultant I help private individuals with any aspect of buying property or buy to let. What’s unique about lettingfocus.com is that we are independent property mentors because unlike most people in the buy to let and property “advice” business we are not linked to a property company, developer, agent or bridging loan financier and do not receive commissions from any of these sources.
We simply give one to one unbiased advice and are often asked to evaluate other property investments.
In my corporate consulting role, I also advise banks, building societies, housing associations and web portals with their buy to let and property products and services.
You can read more of my blog & find details of my networking, advice and property training programme at my website.Copyright: David Lawrenson 2008. This blog is updated once a week.
WANT TO BE KEPT UPDATED WITH OUR LATEST BLOGS?
It’s easy.
Go to the bottom of this post, and click on “Link to this post”
Our home blog page should then open & you should then see my smiling profile. Then page all the way down and on the bottom right it will say “Site feed” - click there and away you go.
You then just copy the link that comes up into your News Reader or News Aggregator. Even a non techie like me managed to do all this.
Please note if you have a website & are thinking of reproducing material here - that’s fine but we DO require the full links shown in each blog to be included including also the links in the section “ABOUT LETTINGFOCUS.COM and DAVID LAWRENSON”
Please Contact Us button at our main site http://www.lettingfocus.com/ if you have any queries about this.
In it Jennifer Saunders does a great immitation of Mel Gibson in the film “Braveheart” by mumbling numerous times “We’re fighting for freedom” in a curious part Scottish part Aussie accent.
Well, if I see another property company advertising a “Get Rich Quick in Property” deal with a byline containing something about people “Achieving their Financial Freedom” I think I might explode.
On the subject of property scammers, I’ve just been contacted by a journalist who has been going undercover to expose the property scamsters for a big piece soon to appear in one of the national papers.
Interestingly she came incognito to one of my own London seminars but I’m pleased to say she quickly found out I’m one of the guys in the white hats.
So, she called me to own up for that and to ask my profesional opinion on some of the scams for the article, which of course I am delighted to do. They will appear when the piece is published in a week or so - and we will bring it to you here.
Sadly, she observed that the majority of the people who went to the various seminars she attended did not own their own house and few seemed to have much money to scrape together. Mixing with other attendees round the coffee pot at these seminars she found that most had a low level of education and were financially quite naive.
However, lots of them bought into the guff about “Achieving Their Financial Freedom” and were prepared to hand over what little cash they had for a seminar to a firm that would probably buy them a duff flat that would prove hard to rent out and show little capital gain.
Meanwhile the promoters will earn a nice slice from the various fees -for mortgages, leads, introducing solicitors and the like – and in some cases get a nice cut from a developer.
It is high time this was stopped by regulation.
CRISIS WHAT CRISIS ASK THE PEOPLE OF CARDIFF
Just back from a few days staying on a farmhouse near my old stamping ground at Cardiff where I was at University many moons ago.
I see that in the last few days the financial clouds have lifted which is interesting because I sometimes think the reality does not fit the facts.
Clearly, the finanical sevices sector has taken a bash and London is looking a wee bit sad. Fair enough.
But no one has told the good people of South Wales that we are facing economic armageddon.
You see, I love to walk around the sites of my old uni town - have my pic taken outside my old house in Woodville Road where I nearly froze to death in 1981, get the security guard to let me and my mates into my old hall to have my pic taken outside my old room etc.
But in the end we left the city centre early. The reason – it was just too full, too jammed with shoppers.
Business is booming there which gets me wondering if our London-centric press is all too downhearted about the grimness in the capital to bother to look at what’s happening in the rest of the UK?
The Welsh have always had a party streak about them and some of them really do “live for today”
But on the evidence of Cardiff last weekend, we are definitely not about to drop to our knees in depression and cut back our spending.
So don’t be too downhearted - the South Walians are certainly not.
ABOUT LETTINGFOCUS.COM and DAVID LAWRENSON
I’m David Lawrenson of LettingFocus.com - landlord experts.
I’m the author of “Successful Property Letting” which for the last 3 years has been the UK’s top selling property title - Buy Successful Property Letting - How to Make Money in Buy to Let.
The new edition is fully up to date with all the recent changes to tenancy deposit schemes, HMOs, licensing, capital gains taxes and it has new sections on sale and rent back.
I’m an expert freelance property journalist, property speaker and a well known buy to let blogger
I contribute to newspapers and a host of property websites, write a number of columns in the press and I provide general property education, training & advice for anyone looking to buy property for themselves or to let out.
In my work as a consultant I help private individuals with any aspect of buying property or buy to let. What’s unique about lettingfocus.com is that we are independent property mentors because unlike most people in the buy to let and property “advice” business we are not linked to a property company, developer, agent or bridging loan financier and do not receive commissions from any of these sources.
We simply give one to one unbiased advice and are often asked to evaluate other property investments.
In my corporate consulting role, I also advise banks, building societies, housing associations and web portals with their buy to let and property products and services.
You can read more of my blog & find details of my networking, advice and property training programme at my website.Copyright: David Lawrenson 2008. This blog is updated once a week.
WANT TO BE KEPT UPDATED WITH OUR LATEST BLOGS?
It’s easy.
Go to the bottom of this post, and click on “Link to this post”
Our home blog page should then open & you should then see my smiling profile. Then page all the way down and on the bottom right it will say “Site feed” - click there and away you go.
You then just copy the link that comes up into your News Reader or News Aggregator. Even a non techie like me managed to do all this.
Please note if you have a website & are thinking of reproducing material here - that’s fine but we DO require the full links shown in each blog to be included including also the links in the section “ABOUT LETTINGFOCUS.COM and DAVID LAWRENSON”
Please Contact Us button at our main site http://www.lettingfocus.com/ if you have any queries about this.
Labels: Below Market Value, financial freedom, passive income, property course, Property Scams
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Wednesday, October 29, 2008.
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