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Extradry Martini

Singing Pig owner went to jail - anyone see that?

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Just in case anyone missed it, Phil Martin who had bought the (previously excellent*) BTL forum Singing Pig and then ruined it, was sentenced to 20 months in jail a couple of years ago:

http://www.developmentfinancetoday.co.uk/article-desc-4316_construction-manager-sentenced-after-destroying-company

 

*It was excellent when the founder Olly was running it. He allowed true debate and I saw it as my mission to inform BTL landlords that they were engaged in leveraged speculation. 

 

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1 hour ago, Extradry Martini said:

Just in case anyone missed it, Phil Martin who had bought the (previously excellent*) BTL forum Singing Pig and then ruined it, was sentenced to 20 months in jail a couple of years ago:

http://www.developmentfinancetoday.co.uk/article-desc-4316_construction-manager-sentenced-after-destroying-company

 

*It was excellent when the founder Olly was running it. He allowed true debate and I saw it as my mission to inform BTL landlords that they were engaged in leveraged speculation. 

 

Btl....excellent...sorry...does not compute

Edited by TheCountOfNowhere

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13 hours ago, TheCountOfNowhere said:

Btl....excellent...sorry...does not compute

He ran an excellent forum before the crook Phil Martin took it over. Doesn't mean that the contributions by the participants were excellent.

Edited by Extradry Martini

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9 minutes ago, Extradry Martini said:

He ran an excellent forum before the crook Phil Martin took it over. Doesn't mean that the contributions by the participants were excellent.

Ahh, in the same way you could run an excellent forum about nazi extremism.


I see now.

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1 hour ago, TheCountOfNowhere said:

Ahh, in the same way you could run an excellent forum about nazi extremism.


I see now.

As opposed to all those forums for moderate Nazis? ?

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Just now, Diver Dan said:

As opposed to all those forums for moderate Nazis? ?

I expect there were moderate Nazis.

I expect there are decent landlords ( i know there are )

 

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https://www.weareabode.co.uk/blog/67-property-gurus-can-we-trust-them

 

Same guy ?

 

Phillip Martin 

Early this year, Phillip Martin was found guilty on 6 counts of indictment. He has been sentenced to 7 years of imprisonment for these offences and has had a previous disqualification from directorship increased from 7 and a half years to a 10 year ban. But how did this property guru, that was loved by so many, end up behind bars?

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The most important question to ask if offered an unmissable property investment is why would they themselves not invest? Why tell you about below market value properties?

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18 minutes ago, TheCountOfNowhere said:

The most important question to ask if offered an unmissable property investment is why would they themselves not invest? Why tell you about below market value properties?

Either a) they want to help others b') they have too many properties and don't want to kick tenants out so can't invest themselves c) they are trying to sell us rubbish.  I don't know which one is the case.

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31 minutes ago, TheCountOfNowhere said:

The most important question to ask if offered an unmissable property investment is why would they themselves not invest? Why tell you about below market value properties?

Exactly. Back during full on crash mode, Bear Stearns, Northern Wreck etc, I was considering a USA house, as their crash was bigger than ours. The £ was about $1.7 from memory and there were fire sales all over Florida. I remember speaking to one of the people who were trying to sell these apartments. It just smelt dodgy. We had no idea they would re-inflate the bubble. so quickly.

Edited by bear.getting.old

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