Glenn Armstrong AT MK Property On 13th May 2013

Glenn Armstrong is 52 years old and a property millionaire. His personal portfolio is over 200 properties is worth over £30 million, and believe it or not this portfolio was built up from nothing in just 3.5 years! Glenn has gone on to share his knowledge and the methodology of his success with would-be investors in the UK and abroad so that they too can achieve their dream of becoming truly financially free.

Over 40 of Glenn’’s mentees are now equity millionaires in their own right. Before becoming a property millionaire, Glenn qualified as a mechanical design engineer then left where he was working to set up a mobile video library. He then built it up into 15 video shops, and later sold for £1.5million in 1989.Glenn has also in the past developed a mail order computer game company which within three years was worth over£12 million.

 

 

It was June 2004 when Glenn turned his entrepreneurial attentions to property investment. His very first deal showed him that that there was serious money to be made if you knew what you were doing. Glenn’’s first deal was well below market value and was a “”perfect”” deal; he negotiated on a property worth £60k and bought it for £30k, renting it back to the owner who still leases off him to this day!

Glenn’s Top Tips for Would-Be Property Investors are:

Buy in the right area – a maximum of 1 hour from where you live. This is to avoid a scatter-gun approach.
Don’’t get carried away on buy-to-let refurbishments, examine your target market and do the refurbishments in accordance with this market rather than your personal tastes.
Choose your buying criteria and stick to it, focus on your cash flow and not capital appreciation.