X

Sign Up

or

By signing up I agree to Property Tribes Terms and Conditions


Already a PT member? Log In

Sign Up

Sign Up With Facebook, Twitter, or Google

or


By signing up, I agree to Property Tribes Terms and Conditions


Already a PT member? Log In

Log In

or


Don't have an account? Sign Up

Forgot Password

To reset your password just enter the email address you registered with and we'll send you a link to access a new password.


Already a PT member? Log In

Don't have an account? Sign Up

  • Peer to Peer Lending

    Better Sourced Ltd - analyse this!

    I thought I was the only one who had noticed the bad spelling and punctuation on the Better Sourced web site. Aside from this I would sooner trust Alastair (who runs better sourced) he does at least come across as someone who is trying to be legally compliant.

    The latest video from Samuel Leeds is certainly very interesting and I wish him the best with it. However the lump sum project end figure that he was giving the project manager sounds very high! Why would he do this instead of paying an experienced construction project manager a daily rate?

    £500K to build 6 houses sounds very low tbh.
    0
    0

    Like you say the figures don't make sense, Land £330k Build £500k Total £830k / 6 @ £138k (If brought in on budget) £83k Build cost seems low for a 3 Bed Terrace....

    He's saying he's going to sell £1.35 Million / 6 @ £225k this would leave them a Gross Profit £520k

    He must be doing 3 Beds as if you look on Zoopla and Rightmove 2 Bed Terraces are going for £115k - £140k some New Build 2 Bed Semi Detached £175k -  £180k.

    £225k for a 3 Bed New Build Terrace seems high, you can buy 3 Bed New Build Semi Detached for that....... £180k - £200k may be closer to the mark.......we'll see

    https://www.zoopla.co.uk/market/lincoln/s...%20lincoln

    https://www.rightmove.co.uk/property-for-...&keywords=

    0
    0

    Unless someone is sitting down and showing you reciepts for what they are claiming don't believe anything that comes out of their mouths. Think about what their motive is for telling you the information they are not the actual information they are telling you.


    I find applying this logic to anyone trying to sell you something works out pretty well

    0
    0

    Why not fly to Los Vegas and gamble the lot on red? At least you would have had some fun before kissing it goodbye on some crazy investment scheme. A fool and his money is easy parted.

    0
    0