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I've looked at Rob Moore and Mark Homer before to join their VIP program, but they seem a bit salesy and a bit untrustworthy.
Recently I found Daniel Hill online who runs a 12 month Property Entrepreneur program. On companies house he does seem to be legit. Does anyone have any experience with him / his program?
I have not heard of him but he has quite a number of directorships on Companies House and seems to have some entrepreneurial flair and net assets.Here he is telling his "property journey" as he graduates from Simon Zutshi's Mastermind in 2013:
Vanessa Warwick Landlord and Co-Founder of PropertyTribes.com **If you have got value from Property Tribes, find out how you can support it in remaining a free to use community resource**
Can I ask... as it does worry me.... why are you so keen to get advice from these sort of courses?.... Is it because you want to build your business over many years carefully or is it because you think they can help you build a business in three years so you can retire?... I am just curious? ….Ref companies house … just be aware that the abridged accounts you can see here can be very misleading if you are not familiar with what you are looking for, don't be seduced by large numbers as they sometimes do not tell the full story...For what it is worth, there is lots of good quality advice out there from landlords who have been trading for 30-40 years and have built solid long term businesses. Their advice may not be exciting but it will be good and for the most part you can get it for free. Good luck out there ;-)
Hi Dom,I agree CH financials are really just a snapshot. Have you looked at Daniel's in any detail?. If so, please could you share as I would like a better understanding how how to interpret CH data.
Hi Vanessa, indeed... although I think I should avoid commenting here in too much detail. Because on the abridged accounts it is impossible to see trading activity you can only assess asset values and judge these... the interesting point I would make here is that if you look at the ye2016 accounts the fixed assets rise to (from memory) £1.615m from what previously was dormant status, so you have to assume that property to a value of £1.615m was all acquired in this year.This was funded by creditors (usually mortgages but not possible to say accurately) of £954k. So, what funded the shortfall?Looks to be loans from the "members" so could be many things. Interesting that in the 2 years since no further purchases have been made and net asset values have decreased steadily which could simply be a cash drain caused by a potential number of issues that cant be stated with any accuracy.As an ex banker I would certainly want a lot of extra information if I was presented with these accounts and asked to lend but I am not being asked so, everyone has to draw their own conclusions. Personally I like to see long term growth in assets and cash and reductions in debt where a trading trail can be seen with a degree of clarity.
I could speculate a lot here but that would be totally unfair as it is impossible to be accurate.I am not keen on people selling courses I am afraid. If I was brilliant at selling, say window screens, I would spend my time selling window screens, not running courses teaching other people how to sell window screens.... unless of course there was more money to be made teaching people to sell that there was selling myself... which of course throws up a whole lot of other questions.... and now I will get down off my soap box and go and have some tea
If I was brilliant at selling, say window screens, I would spend my time selling window screens, not running courses teaching other people how to sell window screens.
Those who can DO, those who can't TEACH
Totally agree John
I would recommend you listen to Rob Moore's Disruptive Entrepreneur's podcast which is free. I really enjoy listening to them when I can find the time, they're usually very informative and cover a whole range of topics, not just property (though Rob can be rather "enthusiastic" in his delivery). I'm also trying to find some time to listen to Mark Homer's money podcasts which I think is called Mark My Words. Progressive do give a lot of free content but I have found their courses sales-y, but saying that, when I went to hear Daniel Hill present, his was equally as sales-y (ditto Kam Dovedi of Premier Property, Gill Fielding of Feilding Financial and all the others I've been to). If you know your strategy and are looking to accelerate your progress, perhaps mentorship/mastermind-type courses are the way to go, but if you're looking to build your knowledge in general, I think you can probably find what you need through sites like Property Tribes, Property118 and Facebook groups.