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    OMG.... did anyone see that property show thingy.. - Posted on 2007-04-18 08:40:47

bubblesloves69
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... last night on ITV? It was talking about peoples property investments and how much money they have made from buying the right property in the right area at the right time. Some family brought a house for £1 about 9 years ago and made a 900000% profit pmsl

 

 

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   OMG.... did anyone see that property show thingy.. - Posted on 2007-04-18 08:58:51

Roeby
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i didn't see the programme but i know alot of people that have plenty of money now and its all because they bought property at the right time. there isn't the same scope in it anymore tho ......... u can still make money but not the same sort of profits as in years gone by.

 

   OMG.... did anyone see that property show thingy.. - Posted on 2007-04-18 13:14:32

daisyduke
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Having previously worked for an estate agent for over 7 years i saw this kind of thing quite a lot, the investors bought the small terraced houses, did them up rented them out and then later sold them on for huge profits thus slowing the housing market down to what it is now as they priced all the young 1st time buyers out of the market and this then has the knock on effect as nobody can afford to move up, even new builds are now being bought off plan by these investors,

 

   OMG.... did anyone see that property show thingy.. - Posted on 2007-04-18 14:01:05

bubblesloves69
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Daisy there was a couple of last nights show who started our buying one or two properties in Ashford for ridiculous low amounts and as soon as they heard of the International station coming, they brought two streets worth of properties off plan and are turning over millions in rent now! I'm not jealous at all! pmsl

 

 



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