DOCUMENTING ONE MAN'S JOURNEY TO BECOMING A PROPERTY MILLIONAIRE

Property Diary- Project 2- Reduce Mortgage

I’m proud of this category because it contains the blog posts to my second documented property investment project. I go through every step I took to raise 15k, carrying with me the intentions of buying another buy-to-let investment.

However, due to the uncertain condition of the property market and the lack of desirable properties available during the time, I ended up investing the money in reducing my interest-only mortgage and converting it into a repayment mortgage. It’s the best decision I ever made.

Most Recent Property Diary- Project 2- Reduce Mortgage Articles All Property Diary- Project 2- Reduce Mortgage Articles



Oct
23
2007

I Reduced My Mortgage By 15k And Saved 30k

I Raised My 15k (Plus More) to complete my “15k project” a while ago, 10th September to be precise, but as already mentioned, I’ve been unsure about what to do with the funds. I wasn’t sure whether to invest more money into another property, or do as initially planned, which was to use that 15k to […]

Oct 23 2007  |  Property Diary- Project 2- Reduce Mortgage
Comments2 Comments 
Sep
10
2007

I Raised My 15k (Plus More)

I know it’s been a while since I’ve touched on this subject, but to be honest, there hasn’t been much to report. For those who have been out of the loop, you can catch up and read about what my current property investment project is all about.
My previous total was £8,478.23, and I managed to […]

Sep 10 2007  |  Property Diary- Project 2- Reduce Mortgage
Comments7 Comments 
Jun
10
2007

I Got A Part-Time Job

I was having one of my moments of reflection at work the other day, contemplating on ways I could raise more cash for my property investment project. I started thinking about how all the little costs in my life add up, and how it would be great to either lower or remove those costs. I’m […]

Jun 10 2007  |  Property Diary- Project 2- Reduce Mortgage
Comments6 Comments 
Jun
01
2007

I Just Sold The Love Of My Life

I’m feeling quite unsettled right now; I just had to part from the love of my life (Peugeot 206 1.4 GLX). It’s not uncommon for people to get attached to their first car; the sentimental relationship is sometimes unavoidable, unless it’s a complete piece of shit. I’m feeling the pain!
I watched her get further and […]

Jun 01 2007  |  Property Diary- Project 2- Reduce Mortgage
Comments2 Comments 
May
15
2007

Web-designing

For those unaware, I’m actually a full-time web-developer, so I know a thing or two about building websites. I usually get a few people asking me to indulge myself in freelancing now and again, but I usually pass up on the offers because I spend 5 days a week, 9am-5pm working on websites, and the […]

May 15 2007  |  Property Diary- Project 2- Reduce Mortgage
Comments2 Comments 
May
08
2007

Results From Selling Shit On Ebay

So, its been just over 7 days since I put up random pieces of crap for auction on Ebay, in attempt to raise money for My New Property Investment Project. I predicted I would raise close to a few hundred pounds from Selling Shit On Ebay; of course, I thought I was being heavily optimistic.
Results:
Men’s Armani […]

May 08 2007  |  Property Diary- Project 2- Reduce Mortgage
Comments2 Comments 
May
04
2007

Online affiliate marketing

I received a few cheques through the post today from various affiliate schemes I signed up for. For those unaware, an online affiliate is basically someone that advertises for other companies online, and gets paid on commission for every successful conversion.  Exciting, huh? I don’t do much online advertising these days (not that I did much before, but I do  […]

May 04 2007  |  Property Diary- Project 2- Reduce Mortgage
CommentsNo Comments 
Apr
29
2007

Selling Shit On Ebay

I’ll be selling shit on ebay this week for my second instalment of raising money for my “15k project”
I’m a great fan of ebay. In fact, I’m a huge fan. I love the concept; and I love a good bargain. I don’t sell much on ebay simply because I’m too lazy, but I’m a rabid […]

Apr 29 2007  |  Property Diary- Project 2- Reduce Mortgage
Comments3 Comments 
Apr
28
2007

Counting The Pounds- Raiding The Piggybank

I know the traditional expression is, “counting the pennies”, but I’m not about to go around my house and/or the streets hunting for every penny in my reach. However, like most people, I do have a pot of change that has been the disposal vessel for all the loose coins that has accumulated in my […]

Apr 28 2007  |  Property Diary- Project 2- Reduce Mortgage
Comments1 Comment  
Apr
26
2007

My New Property Investment Project

10th September 2007 UPDATE : I’m happy to say that this project has now been complete. I raised just over 15k. You can read about it here, I Raised My 15k (Plus More)
Ok, folks, I’ve actually come up with a new project. Actually, it’s more of a sub-project. I thought of this sub-project while I […]

Apr 26 2007  |  Property Diary- Project 2- Reduce Mortgage
Comments2 Comments