Can you increase your income through property buying, selling and renting? Meet the expert who says you can
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Even if you’ve been in the same business for years, there’s often something new to learn but one man is happy to help seasoned professionals and beginners alike when it comes to his passion for property.
Millionaire and guru Samuel Leeds runs his own property business as well as an investors training academy which is open to people from all walks of life and all levels of experience.
He also runs a range of short courses to give people a taste of what life might be like in the competitive industry.
Now, as part of a UK tour, Samuel will be stopping off in Bradford this month to present his one-day property investors crash course. People can book a place for the surprisingly low price of just £1 a ticket (late cancellation/no show fees apply).
One former trainee who did just that was not quite a typical student. Billy Kooner had already worked in the industry for 25 years when he decided to branch out from his comfort zone of buy-to-let properties.
His business had earned him a living but Billy felt there was more he could learn so he signed up to a £1 course near his home in Wolverhampton. In fact the move wasn’t just for his benefit, it was also to help his daughter get her own home and a good career.
Billy’s dad had been a property entrepreneur so he grew up knowing the basics. But there was no formal education for would-be developers at the time and all he really knew was that you worked and saved up to buy a house and could then rent it out.
£1 investors course
The approach served Billy well but when he saw one of Samuel’s courses being held locally, he paid his £1 and went along. Shortly afterwards he joined the academy and says the experience changed his life.
“I love the academy. I was born to be on the academy. I say this to my daughter: Why couldn’t I have met Samuel Leeds ten years ago when he was starting out because I needed that education,” he enthuses.
Strategies like rent-to-rents, lease options and deal packaging were entirely new to Billy who also learned how to convert houses for multiple occupancy.
“Learning all this stuff was amazing and then the networking you get is so powerful,” he explains.
A boot camp covering lease options boosted his knowledge yet further and his first deal followed. He says the agreement he reached with a struggling landlord hit by negative equity, came about because “I happened to be in the right place at the right time with the right knowledge.”
That knowledge has not only grown, but has been shared with his daughter too who now works alongside him all week and is forging a career.
The latest addition to Billy’s portfolio is a six-bedroom house designed for multiple occupancy, which he points out is a living arrangement that existed long before anyone gave it a name or set up laws around it.
A step on the ladder
Keen to help his daughter get a foot on the property ladder, he’s helping her to learn the rent-to-rent strategy. This involves renting a property from an investor then letting it out at a higher rate.
“Rent-to-rent is a good strategy, especially for my daughter coming into it who doesn’t have any money or the same experiences as me. She can now continue to grow her rent-to-rent portfolio which is going to give her that income which she can save to buy her first house,” he explains.
Invest in yourself
But it’s not all work and no play for Billy who attends regular academy dinners, functions and networking sessions and says he loves meeting up with the numerous friends he’s made.
And he still marvels that it all started with a £1 event which he describes as a `no-brainer’. “Samuel puts so much into that event. It lasts seven to eight hours. Then, if you want to go on further education, do it. Invest in yourself,” he advises.
The Bradford crash course takes place on Saturday, October 21 at Cedar Court, Rooley Lane, BD5 8HW. Tickets, details and timings can be found online.
Disclaimer: This article is paid for, sponsored content and does not reflect the views of WakefieldToday or National World. People should always seek independent advice in matters of finance and investments.