That is music to my ears.  The Centre for Economics and Business Research (CEBR) said they will remain at0.5% till at least 2011 and below 2% by end of 2014.

 

So all of you that are in debt up to your eye balls (like me!) give me a high FIVE!

 

Us landlords are all sitting pretty.  I have mortgages that cost £40 per month.  Less than 10% of my mortgages are greater than £100 per month.  So when you consider rents are rarely under £300 per month you can imagine what my Profit & Loss looks like.

 

So have I fluked my way to wealth?  Certainly not.  I have had a bit of luck along the way, like the property boom of the late 90s and the low interest rates of the late noughties, however I have grafted to get my portfolio.

 

Many a night was spent examining my excel spreadsheet.  I would evaluate what I had, look how I could juggle it and then add a whole load of columns to the right (each column being a property) so I could forecast what I could earn.

 

I loved forecasting.  It inspired me to go out and make my excel spreadsheet a reality.  Looking at the figure at the bottom right of this array of numbers was the real motivator:

 

MONTHLY PROFIT

 

I used to play with my spreadsheet and then surf Rightmove to match a property to each column.  The excel spreadsheet become my master plan, sculpture, work of art!  Whatever you want to call it it was this that helped me get what I have today:

 

A highly cashflow positive property portfolio

 

So what does the future hold?  What does the excel spreadsheet look like for me?  Well I am certainly testing Microsoft to see how many columns the software can take!

 

Dare I say it we could be entering in to a period of stability.  Oh my god – stability in the property market?  Yes I know.  Quite a rare thing however it will not last long.  6 months max and then it will be back to the boom bust we have all become accustomed to.

 

So this is what I want you to do:

 

Open up excel

Put some numbers in

Get to work

 

Good luck.

 

Ajay

 

Posted on: 22nd Oct 2009