look, there is no point debating this. lets just look at the facts:
i graduated from LSE in ECONOMICS
I am a chartered accountant trained at DELOITTES
I own 200 properties and have been a landlord for 10+ years
I earn a positive cashflow of £25k from my properties
I have written 9 books on property and making money (not self published but with respected publishers)
I work 4 hours a month on my property portfolio. i get up when i want and go to bed when i want. no boss telling me what to do.
Do you not think i have considered the basic points you have raised? you lot remind me of my girlfriend who asks me basic questions about the business i am in and asking me whether i have considered this or that. OF course I have!
So if you are going to try and pick at my success then can someone here more successful than me in business tell me what i am doing wrong? Cos at the minute all i see are theoretical ideas but actually are ill thought out.
Dont tell me property prices are going to crash cos I have already factored that in to my whole strategy. Did you not think I know property prices are volatile? thats how investors like me make lots of money. crashes are good. booms are good.
so please tell me about:
1. what you got and why you are able to comment as you have experience with success
2. why i have missed something
Do not post below and say you work for so and so and earn £50k, or you used to be worth £20m and have nothing now. Someone successful come on here and tell me, looking from their position of superiority which would be someone who owns more property or makes more money or is simply worth more than £15m what i am doing wrong.
cos i have been doing this 10+ years, still got my portfolio, making more money from my portfolio than ever and the future looks very bright for landlords right now.