‘In a tempestuous economy, where stocks plunge and blue-chip companies just hang on, finance reporting becomes more than a standard bulletin…it acts like a drip-feed to the world.’ Property Investor
There are so many different views and opinions on the current economic condition. New reports are being released daily, monitored closely, and people’s views are a reflection of what is portrayed in the media.
Let me say that there are so many development opportunities and I want to take this chance to encourage you to jump down from the sidelines and see these conditions as a chance to take advantage of the many uncompleted developments that are for sale, the number of bargains as vendors in distress need to offload stock, the number of houses for sale as people sell their second homes to stay out of debt and the many vendors that are willing to vendor finance in order to get a sale without too much loss.
I’m sure you’ve met many people who have said that they wished they snapped up property or jumped on the property ladder when prices were cheap in the last recession, I know I have. Don’t make the same mistake: make 2009 the year you decided to become rich.
“It’s not who we are that holds us back, it’s who we think we’re not.” - Michael Nolan
Some of you may think that your situation is different from everybody else’s or that your financial situation is way worse than others in the property game, or that you do not have enough money to start off…well let me tell you that you are wrong on all accounts! Firstly, people rarely ever have enough money and hence always looking for new ways to create and increase it, everybody has to start off somewhere. Secondly, most of the people that are already on the property ladder weren’t born with a fistful of cash in their hand and thirdly, there are plenty of distressed vendors willing to vendor finance and plenty of builders without work who are willing to Joint Venture.
It is about setting targets, breaking them down into achievable steps, be it just doing one small bit of research per day. There are many ways to get into property development using none of your own money. You need to take this knowledge and use it to become someone on the property ladder, playing the game and increasing your wealth, someone who is being looked upon from the sidelines rather than being the one on the sidelines afraid to join in. It is time to get out there and grab your slice of the bargains so start setting your targets now followed by realistic steps and a timeframe to get you there.
The CCORP Team!








