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0
HOLA441
Posted

Just watched the first half of Property Ladder.

One of the wouldbe developers this week, a couple doing up a cottage in bedfordshire are making comedy weatching.

So far they have half demolished a period property. And are now trying to put it back together again. All whilst dreaming of fast cars and a millionare lifestyle. Quality entertainment.

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1
HOLA442
Posted

They both managed to pull it off though. Although the ugly one had to use her credit cards. :rolleyes:

2
HOLA443
Posted

Well even ms Beeney herself eluded to "a rapidly changing market" in this episode.... I also love the way these wannabe property millionaires always say "it is something i've always wanted to do" blah blah blah

Can't wait for the next series of Property ladder - hopefully we may start seeing some of these amatures loose money... reality TV - love it!

3
HOLA444
Posted (edited)

Bungalow in Wroxham, Norfolk still for sale on right move at £320 - accepting an offer is one thing - it going through to completion is another! still I am sure these property developers know what there doing???????????????

Edited by pad
4
HOLA445
Posted

Bungalow in Wroxham, Norfolk still for sale on right move at £320 - accepting an offer is one thing - it going through to completion is another! still I am sure these property developers know what there doing???????????????

Can you find the other one too?

5
HOLA446
Posted

Can you find the other one too?

Not on rightmove, but the house Sarah B took them to view is still on as stc. maybe they have been luck or they are selling with agents who dont use r-move. If you can be asked have a look at agents in that area it will probably be out there somewhere.

6
HOLA447
Posted

Never understood the attraction of property development myself - though several of my clients have been quite successful at in it in the past.

Seems like of a lot of hassle for not much reward - a lot of the "wannabees" would have earned more stacking shelves in a supermarket by the time you have converted the time spent into an hourly wage.

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HOLA448
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HOLA449
Posted

Why would that be?

Thats the one who finished the development by using her CC's that I mentioned above:lol:

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HOLA4410
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HOLA4411
Posted

Anyone know when those programmes were made?

Utterly unbelivable how incompetent people are - the woman who made 74k but still ignored pretty fundamntal advice from Sarah Beenie about the layout.

Who made 74k?

11
HOLA4412
Posted

Thats the one who finished the development by using her CC's that I mentioned above:lol:

The Shillington woman. She really is absolutely gormless. How did she ever get a PHD. Doesn't she remind you all of the Honey Monster!

12
HOLA4413
Posted

Anyone know when those programmes were made?

Utterly unbelivable how incompetent people are - the woman who made 74k but still ignored pretty fundamntal advice from Sarah Beenie about the layout.

The series is "revisited" and most of the stuff goes back to 2002/03/04. There is (no surprise) nothing recent. Hasn't Beeny been quoted as saying there's notr money left to be made in property??

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HOLA4414
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HOLA4415
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HOLA4416
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HOLA4417
Posted (edited)

You know whats even funnier than these amateur developers?

Wage slaves who live thier lives poking fun at people taking a commercial gamble. Deep down you envy these peoples bottle & resolve.

5 years from now I wonder if any of the usual bears will have grasped the nettle of endeavour? Or will it be same old same old?

Edited by dogbox
17
HOLA4418
Posted

You know whats even funnier than these amateur developers?

Wage slaves who live thier lives poking fun at people taking a commercial gamble. Deep down you envy these peoples bottle & resolve.

5 years from now I wonder if any of the usual bears will have grasped the nettle of endeavour? Or will it be same old same old?

My part time business (involving about as much work as being a landlord does) gives very good returns thank you very much and I don't have to spend every waking hour groveling around in dirt and dust. Mind you, they do say that they enjoy it. It's everyones dream job isnt it. :lol:

18
HOLA4419
Posted

Didn't the blond one - you know, bought a bargain bathroom saving 100 and cost 3,000 to install? thought she made 74k?

The house is still for sale I believe.

http://www.rightmove.co.uk/viewdetails-933...pa_n=1&tr_t=buy

She's made 0k until she sells it.

While we're on the subject; this is the one thing that really irks me about this programme. Beeney tells everyone how well they have done when infact an estate agents valuation is not cash in the bank, they have to sell them first; the do up costs are not verified and the cost of the renovator's time and materials is not included.

Would be very interesting to go back to the properties over the last 12 months and work out what the perceived profit was against reality, that's if they have sold at all.

Don't get me wrong, I've nothing against property renovation (I have done it myself) but I think this programme is cavalier in its ramping of how good profits are.

19
HOLA4420
Posted

You know whats even funnier than these amateur developers?

Wage slaves who live thier lives poking fun at people taking a commercial gamble. Deep down you envy these peoples bottle & resolve.

5 years from now I wonder if any of the usual bears will have grasped the nettle of endeavour? Or will it be same old same old?

Lets get this straight, these muppets bought a period cottage, ripped out all the orginal floorboards and plaster ( against Sarahs advice and when the building regs people there was no need ), did all the work themselves, including specialist jobs like lime plastering, with no research ( or survey ) either into using the materials or how to tastefully renovate this type of property or the state of the market . Went completely over budget, by 60%, and completely over schedule, by 160%. And they still made money - 20k ( before tax ) for 8 months of back breaking work.

They were a joke, and the market that allows idiots like this to make money by fvcking up a lovely period property is a joke. I am in the process of doing a self build. If I approached my project in the same manner these clowns did, I wouldnt be allowed. Why should property flippers who are actually damaging the housing stock with their work be allowed to?

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HOLA4421
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HOLA4422
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HOLA4423
Posted

Thank you Sarah. :D

And they fvucked up their finances, muppets in a muppet market. Pahh!

And no mention of the CGT they would liable for. that's if they sold it of course.

23
HOLA4424
Posted

I noticed a comment the "Honey Monster" made early on in the programme.She said:

"We've paid £106,000 for a bundle of sticks"

Wonder how that guy can wake up next to it every morning. The laugh alone is enough to put you off. She must do a good line in BJ's!

24
HOLA4425
Posted

The Shillington woman. She really is absolutely gormless. How did she ever get a PHD. Doesn't she remind you all of the Honey Monster!

Ph.Ds are easy to get - it's just a question of hanging around at university when you should have gone home when you graduated. 2 years of doing useless research then a really big essay.

All the people at Bath who stayed on to do Ph's were chip-on-shoulder types (Northerners, you know the sort) who want to be called 'Doctor' like they're in Brief Encounter or something.

"Look Mam - I'm a doctor now! That'll show them posh basstards"

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