Bolton man goes from debt and depression to growing property portfolio

0

A former hospital doorman who struggled with debt and depression turned his life around to become a real estate entrepreneur.

A year ago, Sam Gallagher from Bolton was taking pills for depression and was in debt of over £23,000, after recently splitting from his girlfriend and investing money in property investment courses which didn’t work.

Today, Sam’s life is unrecognizable. He is now a successful property entrepreneur, having recently landed his third property on his growing portfolio, and found happiness with his new partner.

He said: “I ended up at the doctor with tablets for depression.

“In May of last year, I was down. But the main thing I would say to everyone, whoever you are, is never give up, no matter how bad your situation is.

The Harper Green School alum discovered Samuel Leeds, a 31-year-old multi-millionaire who founded Property Investors, the country’s largest academy. Sam always believed that the right education was the key to his success and so decided to enroll in one of his classes.

“I’ve always wanted to work for myself. I don’t like being employed and having to answer to a boss. I was always looking for a way out of the nine-to-five life,” Sam said.

Sam doesn’t own any of the houses that earn him thousands of pounds a month. He uses a rent-to-rent strategy that he had learned during his course.

Under this arrangement, the landlord would receive guaranteed monthly rent. In return, Sam would be allowed to rent the rooms individually at a higher rate and pocket the difference.

And even though he had the whole country to aim for, he found that his hometown was the perfect place to make money with bricks and mortar.

He said: “I never thought Bolton would be like this, but every weekend the halls were full. We were getting reservations during the week. I got to the point where I was getting too many reservations and not enough rooms available. It was crazy.”

Samuel Leeds says Sam deserves a lot of praise for getting himself out of “a very bad situation”.

“When you start from scratch and have personal problems and debts, you have to look at the long term. That’s what Sam did.

“He had a thirst for knowledge and then set about building a portfolio. He has dramatically changed his life in the space of a year and I believe he will continue to build a very lucrative portfolio. He should be commended for that. »

Share.

Comments are closed.