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Found 2 results

  1. Hi All, I'm really interested to hear how you all got your first three properties. I'm about to start investing and think that the first few investments will be the most difficult due to time, knowledge, money etc. etc. etc. I'd love to hear your start up stories * how did you get the funding? * how did you find the time? * what is your advice to people about to start investing? * would you do anything differently looking back? * did you live in the properties yourself or go straight into flipping them... I'm really interested in learning how everyone got the ball rolling. Personally, I'm interested in doing buy to let but realise that flipping a property might be a way to make some money for me to help me get started. I'm also really interested to hear from people who didn't start off with lots of money (like myself) and who do this to break away from the 9-5 rat race... I look forward to hearing from you! Thank you!
  2. Hello! So I'm a 24 year old that's been a little bit obsessed with getting involved in the property market for the past 3 years or so. I've had decent jobs, I've been travelling for the past year and now I'm back in the UK ready to 'start my career'. I've managed to secure a really good graduate scheme which I will start next week. Now the initial plan was to buy my first home within the next 8 months of working, live in it, do it up, move onto another home and turn this first house into a rental. Great. But this takes time and money. And I'm impatient and have little money (travelling for 10 months instead of 5 will do that to you). I've listened to the recent podcast Rob Dix shared talking with petra about her rent-to-rent business. I didn't even know this was a thing! I've watched hours of webinars and read so many articles and really feel like this is something I could get involved in. You need little start up money. You need the drive to do it. A lot of profit can be made with the conversion of a home to a HMO and I feel I understand the student and young professional market enough to do that. Now here is my dilemma. This would be my first actual step. My first leap into the industry. I'm forever doubting myself on my knowledge so I thought I would come here to seek the answers I think I already know. I'm looking at properties in the Manchester area, outside of the city centre, either Salford or adjacent to Oxford Road for the Student/Young Professional market. I am on rightmove constantly and can't believe the amount of properties that are 'Available now!'. Does anyone have any insight as to why this is? Is it just that the demand is there so it's a thriving market, or is it the opposite and properties aren't renting any more? If anyone has any words of advice or can give me a kick up the backside to actually take that leap then please send it my way! Thank you all! Emma
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