Sam Lee

Full-time landlord, part-time memelord

[Sam Lee @epicpropertyuk]

Bad deals are easy to buy and hard to sell

Good deals are hard to buy and easy to sell

[Sam Lee @epicpropertyuk]

it’s not for everybody

[Sam Lee @epicpropertyuk]

That's not to say that prescriptions are always useless.

They can be useful as a framework — but they need to be put into proper context in terms of who is implementing it. 

Sam "who, not what" Lee

[Sam Lee @epicpropertyuk]

“If you dress funny and you’re great at what you do, you’re eccentric. But if you dress funny and you’re just OK at what you do, you’re a schmuck.”

Sam Zell, who sold his commercial property empire to BlackRock for a bazillion dollars

[Sam Lee @epicpropertyuk]

An attractive person and a non-attractive person could say or do the exact same thing, with very different results. One is flirting with you, the other is creeping on you.  

That's why approaching business as a formula or a prescription doesn't always work.

[Sam Lee @epicpropertyuk]

https://t.co/9Kejh4Sr8U

[Sam Lee @epicpropertyuk]

Tyler Cauble purchased a commercial building in Old Hickory Village and did something so genius yet so simple -- he went on Facebook and asked the community what kind of business they would like to see occupying the space.

[Sam Lee @epicpropertyuk]

C. The landlord wins because the business will thrive and become a long-term tenant with no arrears

Steven Covey would be proud.

Stay epic,
Sam Lee

[Sam Lee @epicpropertyuk]

Sometimes words can punch you in the face.

"Inaction is a slow death"

I read this quote over and over -- it blackened my eyes and chipped my tooth -- and it also woke me up.

https://t.co/o8Ikezndut

[Sam Lee @epicpropertyuk]

Opportunistic developers take a 'take-it-as-they-come' approach. They take on a broader range of projects.

"We buy properties at auction and maximise value-add"

Pros: Potential to extract maximum value out of each project.
Cons: Unpredictable. Requires more time

[Sam Lee @epicpropertyuk]

There are two broad types of property developers:

1/. Cookie-cutter
2/. Opportunistic

[Sam Lee @epicpropertyuk]

Cookie-cutter developers 'rinse-and-repeat'.

"We fix-and-flip terraced properties in X,Y,Z between £x and £y that have loft-extension potential"

Pros: Consistent. Time efficient
Cons: Can hit an inventory ceiling in your area. Difficult to shift direction.

[Sam Lee @epicpropertyuk]

New landlord: “I now own the freehold title to this land and property outright, in perpetuity”

God, who owned the freehold title to the universe since before time was created:

[Sam Lee @epicpropertyuk]

When an investor publicly announces that they will be making some ‘BIG MOVES’ this year on the gram followed by any of these emojis: 🔥🤑💯😎��

The ‘BIG MOVES’:

[Sam Lee @epicpropertyuk]

When you find a property investor on Instagram posting about a tasty deal they just completed

[Sam Lee @epicpropertyuk]

The marathon continues