The Wholesale Forums

[superstardj]

Originally Posted by greedyboy

Curtis Warren also owns a lot of property in Liverpool.

And people say drugs don't pay! Although a 10 year stretch in the dam probably wasn't worth it.

Edit : Just found this on google

"He was said at one point to own almost 300 properties in Liverpool, hotels and petrol stations in Turkey, mansions in Merseyside and Holland and a Bulgarian winery.
British financial investigators were able to identify only a small part of his hidden wealth. In 2004, a High Court judge ordered a record £3.5m of drug-smuggling money, which Warren claimed belonged to him, must be confiscated."

[imaggroup]

I've just finished my first new build property, right on time for the tough market conditions to affect me, inital valuations of £230k-£240k have fallen to £210-215k, the build stands me in at £170k inc land so it's tempting to tenant the property for the next few years and ride out the storm, but on the flipside it'd also be nice to get some money out for my hard work!

I can only forsee things in general getting worse for the next year at least though, rising fuel prices, people striking, everyone needs more money out of "the system" and the system hasn't got it to dish out... rocky road ahead I think, not to say that property isn't a good investment still if you've got the cash to do put down large deposits and do a quick deal.