How To Be A Property Developer!

Jan 11, 2006 26 Replies

In message , Aztech writes

How small is small?

The 1 bed in the city centre, (Manchester), is 760sq.ft. Large for a 1 bed by anybodys standards.

And..... small or large, you still need the same furniture as a minimum, and it only tends to change with the number of rooms.

"Rody" wrote

They must be being distracted by, ahem, a couple of things! [Ah, Sarah Beeney!]

Ah, but they get to be on TV!

"Little bit of work, to get your mug on TV?..." "Yes please! - Me me me me me!!!"

"Rody" wrote

What, even if they had the chance to be on TV? ;-)

But if your friends or families business was in danger of failing, would you not try and help them out if you could?

It's not being taking advantage of, it's simply part of the reciprocal nature of friendship.

Jim

Not in this case, because if they need free help to make a large profit (or any profit), its going to give them the false impression they know what they are doing, when they plainly dont and they will therefore repeat their screw-up next time and no doubt expect you to help again. Especially in a 'business' where every renovation is a one-off, so you cant say you are helping them build up clients or similar. Its no different to your mate starting a removals business and saying 'I cant make this business pay by hiring people so could you come and help me for free'.

Friendship would be helping someone mend their car. If its fixing a car they bought because they are selling it to make money, and they dont intend to give you any of the profits, there is no reciprocity.

Surely in the cases on these programs it's when their business is going downhill and it's use the friends or lose money... So I'd say it was relevant, certainly you're not going to do it time and again, but I think a lot of people would if the alternative was the person losing their own house or whatever.

The reciprocity isn't immediate, it's about getting the help when you're in the unfortunate situation of needing it.

Jim.

In many of those cases the 'unfortunate' situation was typically that they were going to make some money (usually just from pirce appreciation rather than anything they did), and the more friends they used, the more money they made ...and at the end, they all spoke about how they'd do it again to make even more money (them, not the friends!) :-)

Join the Discussion

Have something to add? Share your thoughts — no account required.

Didn't find your answer?

Ask the community — no account required