Singing Pig

Clottie said"No  - i would say -   get a job which will pay you; and which will give you free training as part of the job; (possibly a surveyor ?); don't rush - use the next few years to study the cyclical nature of property (Dr Bubb does talk some sense!);"

Good God Clottie wash your mouth out!! ;),

excellant post and good advice as always

i know, i know Zulu, me agreeing with Bubber !!  But, he does have a point (its just that he made/makes it ad nauseum that gets up folks noses !!!! )

Understanding the economy will also help to decide when is a good time to buy and when it not a good time to buy.   Tony2 is telling us it is not a good time to buy, and in comparison to the heady days of when he bought, and even the heady days of 2001-2003  - it is not a good time to buy - so new strategies have to be worked out - hence the rush into BMV  (the latest fashion). In 5 years time there will be another fashionable strategy. If Hursty does  not know anything about historical trends and their consequences, how can he judge the next fashionable trend ?  

Have a great night out tonight Hursty - just make sure you will still have a liver to see you thru your professional property developer's career ~!!!!!!   (only joking!)

My word this forum is better than most of the books I have read!!!

So just to ask again, what is a solid checklist for working out if a property stacks up financially? Bearing in mind each property will have it's own little difficulties. However a strong general checklist?

Cheers everyone!  

to find out if  it stacks up financially you will need a spreadsheet to input your figures into  = 

typing "spreadsheet" into the search bit at the top right, shows dozens of ideas from different folks

Interesting thread!

I don't think I know anybody from uni or who graduated who doesn't loathe their employer/job. I graduated and ran screaming from my "chosen" field, I began by starting off a gardening company ( me a bike and a pair of shears) which became a small and rubbish small works company. The secret here is not really to discuss it but to do it, I just wonder how a 17 year old will get into the trade......

Sourcing BMV sounds like a plan in itself, but what does he do when he finds it, (if and when). Passing it off on here will get him 1/2%? And how does he get taken seriously? He will look young and without experience or cash who will say yes to him? I am not trying to sound like grandad here, warning off new ideas, but unless he finds some answers/ an angle himself this is a pipe dream.

Nothing said here should start you or stop you from being an entrepreneur.

red shoes  -   i think you have hit the nail on the head here  - i think persuading an experienced property bod to act as mentor/guide is one of the  ways -  (other than a trainee  job in the industry)  -   but what would a newbie offer in exchange for mentoring ?

right now (in exchange for some of my time) i would almost kill for someone to come and almost totally revamp my filing system for me, and enter up receipts, and reconciliate bank statements !!

 but , would a newbie have these skills ? 

Keep it goin':

Don't be afraid to explore the pleasures of cheap cider and lovely ladies!! Thats what being 17 was about for me!

It was the other way round when I was 17 - cheap ladies and lovely cider!

Speaking with the voice of experience, enjoy your youth.  You only live once, and youth, as they say, is all too often wasted on the young.

Massive  !  i'm shocked!!!!      

acshuerllly -   sighder plaid a (hic)  beeeg purt of my youfff   also

falls off chair in placid slumber

 later  .............................

i am learning to fly at the moment, and BOY is it some challenge -   some huge, puzzling, confusing, frustrating,  bl***dy great stonking challenge  !!!! 

I am constantly  asking the flying internet community  some of the most spine-chillingly, teeth-suckingly,   shiveringly-awful naive questions  - and they respond to me with kindness and respect and they impart their knowledge to me with a willing heart   - and that is how i have learnt more than half of what i know.

NEVER stop asking questions  -  this great SP community recognises those who genuinely want to make a change to their lives,    and who will put in the hard work to be successful   -   from those who want to pick others brains and want things handed to them on a plate. 

keep in touch