Hi

My background is IT project mangement.

Took a career break about 3 years ago and decided to follow my long held interest in property. After several failed attempts at buying at auction cheap enough to make money on a refurb, gave up the "Beaney" approach and bought a property with loads of garden. Got planning permission to build another property at the side and sold for good profit. (The reason I was able to buy this property so easily was because there had been a murder in the house 18 months earlier!)

Then spent a year trying to find another property like this, but eventually went against my better judgement and joined a well known property club. This was a big mistake! Spent loads on the joining fee, and deposits on 3 off-plan buy to-lets. Also bought an off-plan in Spain based on a friends judgement. This lot sucked up my available equity like a sponge and I'm also making a loss on the monthly rental!

Have now bought another property with land as a joint venture. Have just submitted plans and awaiting planning permission.

Now I'm looking to buy BTLs with no money down, and cashflow from the rent!

Looking forward to learning more.

Welcome on board Jacqui and thankyou for sharing your 'journey' to date. There is lots of help and advice on here to help you achieve your goals and avoid some of the pitfalls, and plenty of like minded people to discuss scenarios with. I am sure your own experiences will be equally as valuable in helping others too.

You're not too far away (whereabouts in herts?), so look forward to meeting you at an event in due course.

Kind regards

John

welcome to the forum

This is a great place to source knowledge and contacts - its all here, youll just need a bit of time to trawl through all the past threads - use the search tool above its a great help.

Thanks for sharing you history - im sure theres many that have made similiar decisions in the past - including me !! we live and learn.

If you need any help just shout

Joe

Hi Jacqui,

Also been there , done it lost my shirt etc, but there is light at the end of the tunnel thanks to this forum etc :D

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Hi Jacqui,

Welcome to the forums, a great place to learn and prosper!

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Hi Jacqui,

Good to see the land angle is working well for you - interesting stuff

Deep

Welcome Jacqui, good to have you here on the forum .