when i was younger, so much younger than today

Internets creaking Bob.

Were you an early riser Bob?

I think you'll find that is quite normal for some people................................(Well..can only speak from personal encounters ragarding this matter).  O.K. if you don't have an early start!

i cant even get my brain to wake up these days without a diet coke, nevermind the little fella

im basically a zombie til about 9pm, then suddenly energy kicks in from nowhere and im jumping about like a slightly middle aged rock god. mornings are sh1te, afternoons are even worse. whoever invented em needs shooting...

i just sleep through em , woke up at 6.30 pm today

thats fine til you have a doctors appointment at 9 am!

what do you find to do all day though if you're not gambling
i always feel so tired so can't just waste the day watching telly & stuff , plus i have to play poker all evening so i consider it to working shifts in a way

tiger woods golf
columbo

yeh i dunno

i'd probably be better of doing that , tbh

off

you bought your flat cash didnt you? did you have any problem with the solicitor or estate agent thinking you were a drug dealer??

lol , No

Well at they they didn't ask me that anyway

as long as your money's legit & could prove it they don't really ask where it's come from , not one person asked me they just respect you more as a cash buyer

i guess you dont have much cash going in your account though?

i just read people on the net saying they had to provide years worth of bank statements and the solicitor was still being arsey about it. maybe they were dodgy lol, or just got a solicitor whos a bit of a knob.

if the police got involved they would want to know where a couple of hundred quid came from

moonbeam do you claim benefits?

Yes i'd had 2 very good years so constant 1k - 5k's were going into my account but not huge amounts unless i closed a savings account , my cash was all in an internet savings account so was only like 10k in my current account

There's a Big Difference in needing a mortgage & not needing one , the rules almost disappear , really don't worry about the whole process imo , the hard part is finding a place to buy for the right money , trust me i looked at lots & had lots of offers accepted & refused , it can be a real mind game to get an offer accepted but can also change your mind to buy it , just think if you buy at auction , everybody's main concern is to get it signed & sealed within 28 days !

Don't think they're all against you , just don't trust estate agents waffle , do your homework & get to view propertys & make offers early

I'd basically just transfer my incomings to savings

No TheChaser it'd be impossible for me to claim benefits as i have too much in savings , plus get interest from them , though isn't worth much nowadays


Trust me i wish i did at times , only if i spent all my money as don't legally work , maybe i will one day if things get much worse , when i own a nice house

you got a loan fo 30k to buy a council house and ill re-sell at 130k and give you 50k back

I've lived off gambling all my life but is getting a bit tough on me now

council houses are bloody expensive nowadays

at least no mortage no p1ss about with though , so you wont have to make that much to keep afloat

not if someone has stayed there for 30 year

the right to buy inscotland is ending in 2016 though

yep that's why i can live like i do & take a few swings theChaser , but it took years of hard work to build it all up , getting started is the hardest part & my life's not rewarding enough for it all anyway , but at least i have a bed to sleep in

how long you been making a living gambling for

ever since i was old enough 18-28 i played fruit machines for a living but was do-able back then , then 28-38 internet poker , along with tons of sports trading / betting all the while , so 20 years all in all

seems a long time now

still good outcome though , plenty time to enjoy it

yes thanks i came good eventually due to the poker , i used to do ok when younger but would always be out drinking & spending winnings , and have struggled for a place to live for years .

do you claim benefits ?

I just wonder if all these clampdowns are true or just scare mongering

that's the thing is i've never really taken time to enjoy anything for myself

is impossible to when you just keep on trying to stay in the game all day every day so feels like lots of time wasted

most of my money is in my savings account anyway, its just the bank get nosey every time i put any cash in. got 12k in the flat doing nowt that i could do with putting in. its all from the bookies over the last year, not even made owt its just my own cash that ive withdrawn from my bank account in the first place. probably lost more in the bookies than ive got back.

these money laundering rules get right on my wick but maybe im just too much of a nervous nellie about it. ive not done owt wrong, i shouldnt worry about it i spose. i get like that sometimes. i dont like hassle. when the shop dont have the shower gel i want, i think the whole world is against me!

sideshow , scammers are tryig to hack your accoutn now to find your address

trying* account*

whats funny is, when i dont have much in my bank account the cashier always asks me where the money is from when i want to pay some in. obviously thinks im p1ss poor cos ive only got 60 quid in my account.

but then last week i paid in 2k, she never asked me where its from. no doubt cos i had 25k in my bank account that day. instead, she told me that i should put it in a savings account cos its a lot of money to have in a normal account! ive had a savings account for 5 years love, its just when i transfer all my money into it you think im a drug dealer when i deposit any cash into my account that has no money in it! ya cant bloody win!

lol what address? email or home?

what i dont get is, if you are a criminal what do they expect you to say???

thats a lot isnt it, where did you get that from?
oh i just held up the post office with a shotgun...

Yes actual Cash is a bit of a worry bob , they're very funny about cash nowadays , i'd always say i'd sold a car but don't put 12k in one go , do 2k then 2.5k etc

that was the beauty of poker as it's all online , but when i used to do machines i'd often have 1000 pound coins needed depositing & they'd limit me to £100 or £200 day

put it this way there are enough criminals about anyway & they seem to get away with it enough , the difference is they could have it all taken off them

where you say its from  , just gambling? as long as its legal i wouldnt care hwat they said

if its illegal get it stashed away

best to be cautious though Chaser as he doesn't work & has no real proof where it's from so yo don't want people asking too many questions , any deposits over 2-5k will arouse suspicions

yeh i just say the bookies. which is technically true i suppose. though originally its from my own bank account. ie i draw some out from the atm, put bets on, pretty much get back the same i put on over a period of time then put it back in the bank. i usually have a few grand stashed away cos the poxy atm only lets me have 250 a day anyway. but im probably not using the bookies for a while, and i want all my money in one place to buy a flat/house. fed up p1ssing money up the wall on rent.

i did phone the bank up about it, the call centre bloke said take receipts when you pay it in. i said bookies dont give receipts, he said get a copy of the betting slip. so ive started scanning winning betting slips, just in case they get real funny with me. not that thats proof imo, but its about as much proof as is possible as far as i can see.

i know what you mean it can look a lot more with bookie transactions on a statement as its just rolled over basically

my bank mostly bookies , there comes a time when you have to start saving some though or be in a cycling for the rest of your days

that BIG win is just around the corner

my mate got caught with a bit coke years ago , they werent even really bothered about the coke , they where asking where he got the money to buy it as it was worth a few hundred quid.he got community service for possession , but they wanted to try for dealing

no oes allowed money they think if you dont work

ones*

How much do you pay in rent if you don't mind me asking bob , that's what was tough for me too i struggled living in various peoples spare bedrooms for too many years

When you do the maths it makes sense though , my rent here would be £425-450 m = £5100 year , but all i pay is service charge & ground rent (flat) £955 year

it does baffle me when i see stuff on tv, cop shows and that, someone stopped and the police want to know why hes got £200 on him. stuff like that. jesus, ive often had 5k on me in the past. i used to put 3 or 4k on the racing every day in my younger years. not the miss-spent youth the plod expect i suppose!

You don't need to tell your bank what you do , your bank won't be helping you !


Tell people as little as possible about gambling imo , don't mention it to solicitors etc

it sounds quite desperate to people that don't wish to understand

it's much easier jut to invent something , i used to say trader until my car insurance said ' what like market stalls'   so now i just say i'm a web designer , hard work , etc

just say ebay and gumtree , import stuff from china

yeah well i did used to work in computers, so i usually say that.
though im not doing owt. last 2 years ive actually lost money gambling, about 15k. im nowhere near as disciplined as you are, i just had a few good years i guess. no doubt i'll win big again, but i may lose big a lot more times again before i get there.

maybe i should give poker a go...

the bottom line is though if you have the cash & can prove it (you'll need to prove it when an offer is accepted)  they don't tend to ask much else


My advice is keep checking auctions around your area bob , Sheffield must be quite affordable in most areas , that's where the best bargains are but not always the best properties ,  you pay more for nicer places

yeah thats the thing lol. all the houses i can afford are in places i dont wanna live! ive got a relative who owns a house, its worth about 200k and when he bought it it cost about 25k. kids today have no chance have they. you need to be a brain surgeon just to get an ordinary house in a decent area.

bob i feel just the same as you now& have done for a couple years , it doesn't seem to matter that i'm disciplined or not , i lost a small fortune on the World cup when i knew who'd win matches all along & am currently on a 2k downswing playing poker , but i just keep on with it as i get decent bonuses from the poker to compensate for a wage , i can't keep killing myself 8 hours a night though it's not human


I'm really quite worried about the future of it all though just like you , hopefully i can make a few k back this season

what when i'm 48 or 58

you can't have everything though , think of your rent money , dead money , and you can always sell if you need to , i'm thinking of selling or renting this flat out myself ,  is it a good place to live where you are ?

costs are the problem though , would cost me 2k in fees to sell a 1 bed flat

the route to gold is noticing a team running away with it, then backing the hell out of it just before everybody else notices.

maybe chelsea will be the one to do it this year? or derby? who knows. last year nobody really ran away with anything. its awkward when loads of teams are involved. lost a load on the epl last seaon, every time i backed someone they lost the next game!

I had a bad year last year also , the premiership was just so unpredictable , then the world cup just finished me off , now poker


How about this 

http://www.rightmove.co.uk/property-for-sale/property-46258262.html

its not long ago when man utd were evens to win the league and ran away with it all the time. like taking candy off a baby. punters were falling over themselves to take the free money on offer!

hmm sorry says JUNE 14th so may be sold , but always worth phoning up for auction properties that don't sell

its a bit awkward that part of town. a bit out of the way, you have to walk through dodgy backstreets to get to it.

I don't know sheffield at all & aware many estates are quite run down that's why i'd go for a newer place like this instead of a big ole hoose



Could you just move & live on your own like me ?


cheap flats in not so nice area's

http://www.rightmove.co.uk/property-for-sale/property-45074938.html

the way i saw it was you could buy & rent it out & stay where you are & you'd still be 4k odd year better off

its a nice flat for sure. would struggle to get anything nice here for that money, even in crack central!

cba tbh.

i missed the boat on a run down wrecked flat in a nice area, think i told you about it. it ended up going for 55k, 3 months later it was on the market for 110k! all theyve done is cleaned it up, put down laminate flooring, a few cheap electric heaters and painted it. damn good profit there im sure.

this is in a really nice area, where ive lived most of my life.

first look at the price, the second look how crap the flat is! virtually a concrete box stuck in 1970.

http://www.rightmove.co.uk/property-for-sale/property-43983688.html?premiumA...

yep
I admit flats can be a pain though & service charges are enough to pay
You also pay a few hundred quid extra when you buy one

I wish i'd of bought a house but there are quite a lot of ugly looking houses for sale & auctions , i only found 1 or 2 i'd of actually bought , but the best one was sold
It'd be worth finding a nice quiet one & spend 10k on doing it up but takes time to buy , plan , pay labourers etc

Blimey that's a right old council dump for 117k , i'd want a top end luxury apartment here for that price

Like you say area sets the prices though that's why you should move even a few miles away , get value for your hard earned money

The little old lady that lives there probably lives off a pension

Not long till tomorrow now lads!

could buy a nice house in many areas for 117k


the 2 bed apartments in these blocks i live in originally sold for 125k back in 2007

my flat cost 100k new though never worth it again

not long now paddletoe

Best to tell the bank the money your withdrawing is for renovating a house. That way you wont look stupid if you need to take another 10 grand a few days later. You cant keep saying its for a car.

If you don't mind me being nosey Moonbeam has the value of your property went up in value?

No , good question paddletoe

I wondered myself & don't think it's gone up a great deal (one agent said it'd be based on the price I paid - but think he just wanted a quick sale) if i ever finish decorating it properly it must be worth 10% or more which is only 5k or so, the trouble is if i sell i pay so much in fees , but still a very good rental yield 7.4% so i got a decent price

another one similar has just been offered at 74k & i paid 55k but i really think they're dodgy agents pushing it to the limit , it's the first similar one been offered , but the good thing is if it sells it'd look good to keep for a while , or at least decorate 

Its just and its not really any of my business but you don't seem that happy with your house. But it looks like a pretty good savings account where you can get 7% a year on 50 grand. You can sell it anytime fairly quickly..........if you wanted to. And not be too worried about the fees.

they were all bought new in 2007-08 so not many people actually sell them for a loss & try to sell based on what they paid but fail , some are rented but they rent out very well

Yep it was a risk i took moving to an unknown area to get a good deal really paddletoe

It's a bit lonely & got depressed & gave up on decorating , but the area's is good for shops & people are ok the flat isn't too bad tbh , very quiet

Like you say , i was saying to bob is like a savings account for now

I will definitely move in future though , maybe buy a nicer flat , or sell this & buy a house

Just confused about life really it goes so fast

You haven't done too bad if you look on it as a low risk investment and everyone needs somewhere to live so your not stuck with something you cant easily change.

However, if your thinking of finding your ideal home I would not be too worried if the house you bought for lets say 50 grand went down a wee bit in value. It would mean it would be easier to upscale. That's what you need to be thinking about and if your house is going up in value the more expensive houses are going up in value by the same percentage and even more in gross terms.

Thanks!

It at least gives me a bit of time to decide what to do & can live cheaply enough in the meantime with no rent

It just puts you off making the place really nice if your hearts not staying there but i think of it as a small investment now

If i did ok i could maybe keep it to rent out in future

Hope you're still happy in the house

yep i know i have thought about all those things mate , spot on

that's the trouble the good houses are all rising by more , but i think there's a lot of hype right now tbh

there are still some good buys around , but moving to a house would be something to be thinking of sooner rater than later , or i could try & build more money & buy a 2nd flat where i could rent this out as well

Need to go now Moonbeam but catch up with you again soon. Keep positive. Stop putting yourself in a jail of your own making. Your a young man and most people would trade off a lot of money to be your age and in good health. Have a good weekend.

Thank you !

Have a great weekend also , Take care buddy

Just confused about life really it goes so fast

true and im not even 30 yet

If you sit on a computer all night playing poker, and sleep all day, travelling to work is not a problem. You'd probably get better properties out in the sticks where ever you live, rather than in towns or cities.

Too late now, but you should have looked further afield and invested in property in London in the late 1990s.

That's when prices were still going absolutely mad.

We bought a 100 year old 2 bed terraced house in 1999, with an £8k deposit, sold it in 2002 for £52k more than we paid for it. Purchased a 4 bed end of terrace, sold that in 2005 for £105k more than we paid for it. 

Got a 4 bed detached house in the country, and we were mortgage free, all from £8k, in just under 6 years.

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