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    Real Estate Discussion Questions

    REAL ESTATE 
    I'm in London and you'd be crazy to not go for leasehold apartments if you're starting out. Consider two identical buildings in london, one converted into 3 apartments, one remaining a single family unit. If the apartments pulled in £2500 a month each, the house would be lucky to hit...
  2. L

    anyone hungry?

    FUNNY 
    Yum, crunchy. McDonalds food is truely awful. But I'd be lying if I said I wasn't guilty of guzzling down a quarter pounder once in a while. There is just something uniquely tastey about that grey meat you can't replicate anywhere else.
  3. L

    Don't Fear the ZEROs!

    EXECUTION 
    There is a definate fear of zeros you have to overcome. For me it's not so much the fear of having the zeros in you account, it's the amount of zeros you'll gamble on a deal. When you have £30,000,000 a £1000 deal is not scarey at all, it's rare you'd ever make it because even a good...
  4. L

    SUCCESS STORY: LondonLife

    HOT! EXECUTION 
    Quick update. After a serious amount of negotiation, I've finally landed the sale of the 12 apartments in South Kennsington, London. 6 weeks of negotiation, structural surveys and builders quotes! It's now in the hands of my lawyers to fialise the contracts. I am expecting to get guys in...
  5. L

    Apple's next big thing the iPad....thoughts?

    OFF-TOPIC 
    True. It's the love child of an ipod touch and an ebook reader. It has the functions of a tablet PC for my uses, but I agree it's not as fully functioning as the term would indicate. My mistake if it misled anyone. Not a waste of money though. I personally don't carry a laptop with me...
  6. L

    Apple's next big thing the iPad....thoughts?

    OFF-TOPIC 
    In a mixed mind about this device: 1) Does an untested unproven product really require such press coverage? I have spoken to people who actually think this is the first ever tablet pc, and is somewhat of a revolution in portable computing. The Apple marketing team have achieved something...
  7. L

    Check Out This Nasty Ride...Sick

    OFF-TOPIC 
    It looks nothing like a 1940's formula 1 racing car apart from the left hand seating position... still I think it's pretty if a little impractical. Where would the golf clubs go? :-P I bet it sounds like a beautiful bag of angry bees.
  8. L

    Income taxes? So what?!?

    HOT! TAXES | REGS 
    Think the US is bad, try these for tax bands (In the UK)... 20% = £0-£37,400 40% = £37,401-£150,000 50% = Over £150,000 Additional taxes: 11% National Insurance (Only payable on first £37,400) 17.5% Sales tax 18% Capital Gains Tax (When you sell something for more than you purchased it...
  9. L

    Go Figure?

    MINDSET 
    The term 'Millionaire' means very little anymore. Especially in the big cities. My parents live in a 4 bedroom terraced house on the outskirts of london. It's a middle class neighbourhood, not "Upper middle class" by any stretch of the imagination. It's worth around £700-800K, which is...
  10. L

    Frustrating Strip Tease

    OFF-TOPIC 
    It's achieved infamy because the coder built in an Easter Egg where if you watch the thing through 9 times in full, on the 10th time you get to see the whole thing.
  11. L

    Is there anyone here who doesn't care about material things?

    MINDSET 
    This is a hard one and got me thinking. Historically my motivation has always been success. Money was always a way to gain more success to me. No more, no less. Money is obviously a side product of that success, and allows me to help those around me, enjoy myself and support whatever cause I...
  12. L

    Any Famous People on the Forums?

    Perhaps famous in their field, perhaps not "Famous". Entrepreneur's are usually too busy working than to be building a cult of personality around themselves. Then those who make it to billionaire levels hire people to do it for them. But then it's about power rather than money.
  13. L

    SUCCESS STORY: LondonLife

    HOT! EXECUTION 
    Hi Sparky, - My role has involved a lot of networking, particularly over the last few years. Now it is primarily with other entrepreneurs and venture capitalists through a number of forums. One is the Coutts Entrepreneur Forum and an other is through Balderton who I have worked closely with...
  14. L

    Greetings From London...Great Britain!

    Welcome mate. All the best with your endeavours! Definitely start up an on-line portfolio/business website. Set up some mock websites through your portfolio, emulate features you know people will want, and develop it from there. Do a proper job though, no "Under construction" test pages...
  15. L

    SUCCESS STORY: LondonLife

    HOT! EXECUTION 
    Thanks mate. Yeah I am keeping a good eye on it. I have a 'Wealth Manager' at Coutts dealing with the day to day management, but I get constant updates, and I've got it split a number of ways at the moment. It's roughly: 40% Fixed rate bonds with possible bonus 20% Low-mid Risk investment...
  16. L

    What's with the Lamborghini obsession?

    OFF-TOPIC 
    Excuse my ignorance but there seems to be an awful lot of Lambo love on these forums. Am I missing something obvious here? :coco: What about all the other quality cars out there? I personally don't own a Lambo and am beginning to feel a bit left out, heh... What other cars do people...
  17. L

    Sold my company

    For anyone interested in how I made it I wrote a bit about myself and posted in the "Fastlane Multi-Millionaire Stories" forum.
  18. L

    Let's Get Excited, You're Gonna Be Rich!

    Truely pointless, $1,341,513 wouldn't even buy a decent sized house in most world class cities. If thats the authors idea of ultimate success and getting rich I worry about his sanity.
  19. L

    SUCCESS STORY: LondonLife

    HOT! EXECUTION 
    Thank you! I am the first to admit I am still young and need a plan for the future. I am however now in a position where I am withdrawing from high risk investments. I have achieved enough wealth that I can give those around me a fantastic life and will now be concentrating on maintaining...
  20. L

    SUCCESS STORY: LondonLife

    HOT! EXECUTION 
    I’ve spent a few hours putting together a rather boring story of the last 12 years of my life. If you make it through to the end, congratulations! Needless to say, I won’t be writing a book. I was never a kid who wanted a fast track life and a fleet of Ferraris. I’d never even...

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