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Gen X guy accepts he’ll never have a real retirement, sells everything, buys land… and still has to pay taxes on it in the so-called ‘land of the free.’

98,720 görüntüleme • 8 ay önce •via X (Twitter)

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Any land in the UK without planning permission is worthless. It’s just grass. And that’s exactly why it sells so cheaply. This is the land I actively look for as a developer. I find land without planning, secure it now, and agree to pay for it later, when and ONLY when we get a successful application for planning permission to build homes on that land. I own many, many acres of land across the UK on options like this through "purchase option agreements". The deal is simple. I pay £1 for the option to buy the land; in the meantime my company gets control over the land to put in planning permission applications. When the planning is accepted, we then pay the owner the prior agreed amount they wanted for the land. Take one of my recent land deals... The first pre-app for houses to be built on the land was rejected. But the council confirmed access worked, the road worked, and they liked the scheme in principle. The only issue was density, too many houses on the application. So we adjusted the application. Now it’s going back in as seven larger homes, spaced properly, designed to suit the area. Once planning is granted, I don’t build anything. I sell the land (with planning permission) for a far higher price vs what I paid for it. The profit is made in the planning uplift. That’s the business model. This is a simple yet seriously effective way to make hundreds of thousands if not millions, every year in the UK. If you want more help in learning this strategy and all the others I use, link in bio for the upcoming free training online Im running! #property #propertydeveloper #propertyinvestor #millionaire

Samuel Leeds

327,032 görüntüleme • 8 ay önce