now this is a good question
for me the manual opened my eyes to the fact that an ordinary person can buy property for free (no money in) just by using your brain
it is the simplist of systems, and a lot of common sense
we all seem to be drawn, in this Country to expensive complicated business, people say in traditional self employed businesses that you have to work hard and long hours to start with and probably draw no salary for a while and have funds to kick things off and fund your life until enough money comes in....as if hard work itself is its own reward.....the old fashioned method
how many people have you had on the phone wanting to sell and rent in order to get the capital to start a new (proably doomed to failure) business venture
Rialto's manual knocks all the above garbage on the head, and frankly i owe a lot to it, and the principles within.... keep it simple is the message i get throughout, this i apply to other businesses i have where the temptation to get complicted is there but then the voice says.... whats the point? Staff, premises, more hours and ballache etc etc
it is by far the best £300 i have ever spent,
on another note, i found SP by joining another website (auction properties about £80 a year for membership) www.propertyenquiries.com where there is a fairly quiet members forum, i googled up 'property forum' as there must be more than one, and hey presto Singingpig
from the propertyenquiries website we found the house we live in, which i paid 75k for May 04, had it revalued at 100k the next week (this was before i knew about immediate remortgaging it just sounded a plausible thing to do etc) and remortgaged it. This is also the property that we have just got permission to build 2 houses on, the plot is for sale at 105,000. the agent also valued our house at 125k (we will sell the lot). Form this forum i also got details of my search business that has turned over 60k odd so far this year
i think what i am trying to say is that unless you are prepared to take the plunge then you will never know,
from Rialto's manual and the propertyenquiries website i mast have made in excess of 200k in 3 years, added about the same in equity, have cash in the bank and ongoing business, searches, 2 developments, and of course around 85k once the plot is sold after all costs
i know this is turning into a eulogy, but without Rialto's manual i would not have bought 18 properties in the last 2 years, some kept some sold, combine that with other opportunity from elsewhere (you have to go and look for it)
all in all i don't think it has been that bad for a total sum of £380 and the desire to go and do something
Rik