Sir Bob Geldof At Property Conference

[SarahBell]

Rob & Mark from Progressive Property recently put on a SuperConference

at Wembley for property investors, entrepreneurs and people like you who

are serious about having passive income from lucrative investing…

And we can all do with some extra passive income, Right?

Judging from the wealth of feedback received from Twitter, FB, calls and

email this was the best SuperConference yet … Over 800 people attended!

So it was massive…

Here’s a special invitation to see video footage of Sir Bob Geldof’s keynote

speech at the 2012 PPSC for FREE

https://progproperty.infusionsoft.com/go/PPSC2012BOB/M964/

Bob had the audience mesmerised with his transformational, thought

provoking, captivating speech:

[thecrashingisles]

Bob had the audience mesmerised with his transformational, thought provoking, captivating speech:

And so I told them, "Give us your fugging money!"

[timebandit]

Every time I click my fingers another BTL dies

[Diver Dan]

And we can all do with some extra passive income, Right?

I first heard the term "Passive Income" when I saw that documentary about get-rich quick / Rich Dad Poor Dad seminars a few months ago.

The very idea of passive income is sticks in my craw. I believe that money earned through making a product or providing a service should be encouraged, not people lining up to stick £5 notes through your letterbox because you happen to own something.

Unfortunately, the HMRC apparently think differently and tax active income far more severely.

<adhominem>

Although I'd expect nothing less from a failed rock-star who spawned Peaches Geldof from the DNA of Paula Yates.

</adhominem>

Edited April 18, 2012 by Diver Dan

[SirGaz]

Having just watched the commercial for this 'event', it sent shivers down my spine, the TV channels in the states were full of these type of infomercials and commercials all promising to tell you the inside secrets to property trading, how you had to act now or miss out on the opportunity of a lifetime. This was all around mid 2007 until about March/April 2008.

we all know what happened next.

Its just frankly scary seeing how many people get sucked into believing the crap that these things spout.

[Sour Mash]

I first heard the term "Passive Income" when I saw that documentary about get-rich quick / Rich Dad Poor Dad seminars a few months ago.

The very idea of passive income is sticks in my craw. I believe that money earned through making a product or providing a service should be encouraged, not people lining up to stick £5 notes through your letterbox because you happen to own something.

Renting out a property shouldn't be passive unless you are doing it wrong. Too many people seem to think that being a landlord is just about checking to see that the monthly rent has come into your account whilst totting up the capital appreciation on the property. There's a substantial amount of responsibility and obligation entailed towards the tenant.

[57percent]

Renting out a property shouldn't be passive unless you are doing it wrong. Too many people seem to think that being a landlord is just about checking to see that the monthly rent has come into your account whilst totting up the capital appreciation on the property. There's a substantial amount of responsibility and obligation entailed towards the tenant.

Even if you're a good landlord, it's not a whole lot of work.

Mine is ok, but no more than a couple of emails a year and arrange the gas check and service charge. In five years, a new bed and a quick fix in the bathroom.

[GinAndPlatonic]

speech at the 2012 PPSC for FREE

https://progproperty.infusionsoft.com/go/PPSC2012BOB/M964/

Bob had the audience mesmerised with his transformational, thought

provoking, captivating speech:

I just lost any respect I had for Sir Bob...........pillok

[57percent]

I just lost any respect I had for Sir Bob...........pillok

You had some?

Talentless chancer.

[Brave New World]

Always thought Geldof was a ****. Hope his pube wig gets burnt in the flames of post HPI BTL reckoning.

[okaycuckoo]

And so I told them, "Give us your fugging money!"

Nice!

The report of his speech describes it as "incoherent" - he said some things the BTLers didn't want said.

[thecrashingisles]

Here's the Youtube link

[billybong]

I certainly don't see any stampeding into buying UK property on the basis of that speech.

[SirGaz]

How many contradictions can you get into thirteen minutes? that vid must be close to a record.

[Bland Unsight]

Renting out a property shouldn't be passive unless you are doing it wrong. Too many people seem to think that being a landlord is just about checking to see that the monthly rent has come into your account whilst totting up the capital appreciation on the property. There's a substantial amount of responsibility and obligation entailed towards the tenant.

+1

Lots of late entrant BTLers are going to be lucky if they hang on long enough to find that out the hard way.

[Rupert The]

Its not Bob's fault.

He's from Ireland where they haven't had this sort of problem.

[OnlyMe]

Its not Bob's fault.

He's from Ireland where they haven't had this sort of problem.

Magic.

[Bland Unsight]

Here's the Youtube link

That is unbelievable, "an entrepreneur needs commitment" - fair enough, but a leveraged property entrepreneur needs tenants who can afford the rent, house prices to stay at current levels and mortgage rates to stay low. Try selling that commitment crap to the bank when you are in arrears on the mortgage.

Either he's lost the plot or that was part of the next Sacha Baron Cohen project.

[Diver Dan]

Renting out a property shouldn't be passive unless you are doing it wrong. Too many people seem to think that being a landlord is just about checking to see that the monthly rent has come into your account whilst totting up the capital appreciation on the property. There's a substantial amount of responsibility and obligation entailed towards the tenant.

I would guess that most BTL landlords use an agent who takes a cut of the rent in return for dealing with rent collection and repairs. So apart from the odd cheque for a new mattress or a boiler service or whatever, BTL doesn't require an awful amount of active work on the part of the landlord.

[R K]

Ghandi was a BTL entreprenewer

Who the f*ck knew!

[Saving For a Space Ship]

'Boomtown Rats' is somewhat of an ironic phrase here

Edited April 18, 2012 by Saving For a Space Ship

[porca misèria]

Renting out a property shouldn't be passive unless you are doing it wrong. Too many people seem to think that being a landlord is just about checking to see that the monthly rent has come into your account whilst totting up the capital appreciation on the property. There's a substantial amount of responsibility and obligation entailed towards the tenant.

That's what agents are for. Best if (most) owners don't get involved in the management of letting their properties.

Like my dividends (another one today ) don't involve me in the day-by-day running of the companies I invest in.

[desertorchid]

'Boomtown Rats' is somewhat of an ironic phrase here

Excellent! Indeed seems like the setting of a "Rat Trap".

[Saving For a Space Ship]

Excellent! Indeed seems like the setting of a "Rat Trap".

He's reformed the band as ...'A Quick Bob and the BTL Town Rats'

With the remastered old classic for Eric...

Edited April 20, 2012 by Saving For a Space Ship

[Giordano Bruno]

That is unbelievable, "an entrepreneur needs commitment" - fair enough, but a leveraged property entrepreneur needs tenants who can afford the rent, house prices to stay at current levels and mortgage rates to stay low. Try selling that commitment crap to the bank when you are in arrears on the mortgage.

Either he's lost the plot or that was part of the next Sacha Baron Cohen project.

Maybe it's because of my age but that doesn't surprise me at all. The reason is that I don't take statements at face value. I try to figure why the person is saying that and what he is trying to achieve. He is trying to persuade people in the scheme to be enthusiastic and more committed, so that the people running the scam, sorry I mean the scheme, will be more successful in fleecing the suckers. He was probably asked to say something like that to persuade people who might be wavering or not investing enough.

Just my take.