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 Another way to make money from buy to let

 

Thursday, February 06, 2003


You can be a property millionaire runs the campaign line. Just follow my master-plan and you can make a fortune at buy-to-let, claims travelling seminar holder Warren Borsje.

Borsje, a 29 year old Australian entrepreneur is selling dreams to 500 people a seminar, many of whom sign up to go on his weekend ‘property power’ course to learn how to be really efficient buy-to-let tycoon’s.

His seminars are enlightening, funny, persuasive. People warm to the man and soon he has them believing that they will build property portfolios that will free them from work forever.

Borsje believes that the quickest way to retire early is by milking Britain's buy-to-let market. It's a smart strategy, exploiting the nation's fears about under-performing pensions, and feeding our embryonic property tycoon fantasies. He ask the audience how many of them haven't worked out what their house has "earned" in the past few crazy years, compared with their salary, and wondered if they might have more of a future in real estate?

He stresses the importance of research before buying a property and then convincingly argues that you can buy without using your own money, presumably by getting a mortgage for more than the property is worth. He tells how important it is to have a happy tenant and has suggestions to help with this too. Soon the audience is ready to sign up for his weekend course to learn the actual secrets of buy-to-let…

At £2,490, the course is not cheap but there is an early-bird deal of £1,680 if people sign up on the night. Now that’s another way to make money out of buy-to-let.

 
 
     
     
 

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