If you’ve been following me since I jacked in the day job you’ll know that one thing I’ve been hanging my hat on is property investing as a sure-fire way of trumping the banks for making an income.
One thing you can never do too much of is research. The interweb is a dream for this, but sometimes it’s difficult to see the wood from the trees. Of course we watch all the property programmes on the telly as well, but realise they paint a rosy and very simplistic picture of what it takes to buy a house and make it work for you business-wise. There was a programme on last year where landlords and tenants would swap places, finding out what it was really like to live in the properties they were renting out.
One of the landlords appearing on the programme was a guy called Samuel Leeds. He was a really humble guy and did his very best on the programme to help out his tenant, a lady who was worried about being evicted because she was struggling a bit. It turned out when he visited that she had a big hole in her roof, but didn’t report it because she thought he would put her rent up! I was impressed with the sympathetic way he treated her. In the end she had to leave for another reason, but only after Samuel bent over backwards to try to help her.
He turned up later in a Google search when we started looking for authorities on the subject of buying property. We recognised him from the programme and found out he had a good business going, mentoring and teaching other people how to make a living from property. He’s a Property multi-millionaire in fact, at less than half my age! Samuel Leeds rubs shoulders with the likes of Sir Alan Sugar, Sir Richard Branson and Arnold Schwarzenegger. He’s a little bit ‘evangelical’ at times in his presentation, not surprising considering he started as a church person, but his huge enthusiasm comes through loud and clear and he clearly knows his stuff. He’s also very ethical; ten per cent of his business profits go to charity.
Samuel has an excellent book published ‘Buy Low Rent High’, in which he outlines his strategy for property investment.
So, we’re booked on a two day property crash course with him in February in Salford, Manchester to educate ourselves further about property investment.
Property Books You Must Own and Read (click to buy)
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