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Rick Gannon & New Era Property

581 members • Free

1 contribution to Rick Gannon & New Era Property
First time buyer!
Good evening, looking for some general advice. This game is so overwhelming and you can fall down a rabbit hole of conflicting advice and fraudulent property gurus whilst trying to learn/research. Not looking for a get rich quick pyramid scheme business model! I have always been interested in the idea of property development. I’ve got a healthy deposit and a good salary to apply for my first mortgage. I’m currently renting, my rents not astronomical but it’s not cheap. Question is, do I buy my first home, do it up whilst living in the property and then sell? Or, do I continue to rent, buy a property to ‘flip’ and sell quickly? Paying rent and a mortgage and refurb seems impossible? How are people affording to do all this? Theres a lot of talk about refinancing and equity release but I don’t really understand how that works…I’ve been trying to research about it but all the information I can find states it as being financially risky and very negative and off putting. All the information about trying to buy a property at auction is the same, financially risky and negative again! On the plus side, I have a reliable and trustworthy builder in my family with a team of excellent traders. I’m aware this is a tough game and you need to be smart, work hard and put the effort in to learn! Can anyone point me in the right direction of a trustworthy source for advice and guidance so I can learn about these things. Books, seminars, networking, financial advisors etc. I’m southwest based. Would love to hear from you Rick, and anyone else with experience and advice. Thankyou for taking the time to read my post.
0 likes • 16h
@Szymon Madzia thank you for your advice, appreciate it.
1 like • 16h
@Clare Graham yes please, send the videos over. I’ve signed up for the masterclass on Wednesday already. Thanks.
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Emma H
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4points to level up
@emma-head-7837
First time buyer, curious about the prospect of property developing.

Active 3h ago
Joined Feb 7, 2026
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