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Thursday, September 25, 2008

Landlord Has 27 Properties Seized After Property Spending Spree


The story of a highly ambitious young landlord. At the age of 26 he proceeded to buy 27 properties in eight months then watched the impact of the credit crisis make it blow up in his face.

His property company has now gone into administration so if any landlords are looking to invest in rental property in Carlisle and Penrith there might be some auction opportunities coming up.

At the same time this busy young landlord still has six other property businesses running that he claims are not in any difficulties.

Good grief at twenty six I was learning to drive.

I hope this unfortunate blot on his career doesn't effect his chances for 'Young Entrepreneur of the Year.'

Anyway read more here.

Your darling Margo

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