Recent content by m4hmo

  1. M

    Good place to find micro startups needing capital/time investment?

    Im willing to gamble £5k each on 5 projects ?
  2. M

    Construction bussines

    Well how are you advertising? Ive got some experience with this. Mybuilder for big jobs, and gumtree for the small stuff to get you started off. Word of mouth is best ultimately so if you've done a few extensions/loft conversions then what has the feedback been like so far? Show me your...
  3. M

    Client Exit - Warehouse Space Ideas please

    What percentage of the self storage units need to be filled to be able to get the normal monthly rental for the whole warehouse? Just curious how the business model works.
  4. M

    Has your business gone quiet lately?

    Doesn't matter, in times like these you add value to existing properties. You only buy if it's a good deal. But the requirement to add value to get a good return has increased dramatically now that we are at over 5% interest rates. First time buyers will keep trying to get on the ladder and...
  5. M

    Has your business gone quiet lately?

    Where abouts are you?
  6. M

    Billionaire Status

    They're very good at hiring people. And enjoy it.
  7. M

    Has your business gone quiet lately?

    Middle of the year and December are tricky months for finding tenants. That's about it.
  8. M

    Possible House Tenant Issue

    Ok, im a landlord, with normal tenants, hmo rooms and properties, my advice is, Do not give her an AST. What you need is a room/property licence agreement, its something i looked into to try and retain control of 20 bedrooms i rent in Bristol. The main thing being - you can kick someone out...
  9. M

    LANDLORD LIST

    You can find the list of hmo landlords and the managers quite easily (for bristol anyway)
  10. M

    Becoming a Mortgage Broker Advice Wanted

    I casually looked into this to be a broker for my parents mortgages. There are 2 types, one with the fancy qualification, and the other which is more like a lead generator i guess. Anyway it involved about 6 months experience, which I don't have time for. Gordon - tell us what we need to do to...
  11. M

    Working from home driving me mad (invest in office space)? Rent out?

    2 days a month is basically nothing. I am a strong advocate for property investment, but as time goes on I realise it's not even a viable business for 90% of people. I used to believe "anyone can do it". You have £250k, you subcontract people, the potential is there for you to manage this. I...
  12. M

    People who've experienced business failure: What do you do now differently, to what you did before?

    I turned £1 Into a turnover of £3000 plus a week, selling on eBay, between 2003-2005. After that it declined when the wholesale suppliers themselves came onto eBay to sell at trade price plus postage to the public. I was cocky and arrogant, aged 22 at the time. Was a nice initial lesson in...
  13. M

    Working from home driving me mad (invest in office space)? Rent out?

    Your options are either to risk it on another business or play it safe, buy a house/building with cash and or mortgage, rent and forget. Does property appeal to you? Would you enjoy managing a house or building on rent? If so start that - you'll at least get to start interacting with people in...
  14. M

    Working from home driving me mad (invest in office space)? Rent out?

    250k in the bank is ok if you got a few million in assets. Otherwise you need to make it work for you.
  15. M

    I have £40,000 to start a new business. Ideas welcome!

    I have given nothing but good advice in terms of adding value to property. I don't want anything in return because, yea, I am comfortable, so the purpose of money is gone, and replaced with the purpose of helping others whilst I continue to grow.
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