property courses : whats the view?

theGrinch

these are ten to the penny these days. Personally, I havent
been on any but I am intrigued.

whose been on one? feedback would be helpful together with
what its helped you achieve that you wouldnt have otherwise.

skylight

Inside Track NO WAY
Whitney STEER CLEAR

There are serious ones about, but I would take recommendations from friends and take a lot of serious thought first.

meanmachine_2

In my opinion there's no more easy money to be made from property. At least not in this country.

It's always the mugs that enter a "boom" at the very end and they're always the ones who lose the most.

To the OP i'd suggest you keep your money in a high interest account, or better still, use your intuition to go seek out where the next investment bubble is going to develop. Cos the UK housing bubble is about to burst (or at the very least deflate slowly) and it ain't going to be pretty.

WHA

1. Find a property (they will do this for you for a fee!)

2. Get a 90/100% mortgage - and if you havn't any savings for the deposit and fees, take an unsecured loan or advance from your credit card.

3. Buy It.

4. Wait a while, prices go up. Remortgage it to raise more funds and spend them on a deposit/fees for property no 2, also bought on a 90/100% mortgage.

5. Repeat step 2 on property 2, and so on, until you have a "multi million pound" property folio.

Slight alternatives on the theme include "doing up" the houses to increase their value beyond house price inflation, renting them out, living in the occasional one to make sure some at least get CGT exemption, etc.

Brilliant if you get the timings right - i.e. buy at the base of a slump and sell at the peak. Get the timing wrong and you are bankrupt.

Can I have my "x thousand pound fee" for telling you this???

meanmachine_2

They might also suggest you club together with other muppets, I mean investors, to purchase whole swathes of new build flats at a whopping 5% discount.

Even though most of these places are now empty and developers are offering anyone a minimum of 10% just so they can get shot of them.

Good luck making your property fortune! Remember, prices can only ever go up, by AT LEAST 20% a year - it's the law. Kerching!