Rob Moore shows a central commercial building he bought at a 25% discount, claiming the local property market has crashed 20-25%. He kept no personal money in the deal and plans to convert upper floors to flats while keeping a famous tenant on the ground floor.
So I have proof here and now, standing in the center of the city, of the house price crash. I've been saying for quite a while the prices are crashing. This could be the biggest crash, even bigger than 2008. And people have been saying to me, when's it coming, Rob? You're just doom-mongering, Rob. Well, I have some proof right here and right now. And also, I bought myself a little Christmas present. Merry Christmas to me. I don't like the rubbish, the consumerism. Kind of very hard to buy for for Christmas, but I bought myself a little gift for Christmas. There's my little gift to me for Christmas. And I think you should be thinking about buying yourself assets for Christmas instead of buying cheap jewelry. And stuff that goes down in value and stuff you don't need, all for a product called Christmas, shall we say. What about cashing in on the crash? What about buying meaningful assets? So this is my Christmas present to myself. So have a guess how much I paid for that. Have a guess how much of a discount I got. For that. Now look, I can't tell you too much about it because obviously I'm standing right outside it, and obviously I have a very famous tenant, so I can't say too much. But look, nice looking building, right, right smack bang in the center. There's the cathedral right there, and there's my little Christmas present. Now this will be the gift gift that keeps on giving, because this will pay me for the rest of my life. Most things people buy at Christmas, they don't even last to the new year. They go down in value to zero. They don't even really want it. They pretend that they're grateful, but they're not. Whereas this, on the other hand, this is the kind of stuff I think you should be buying for you as a gift to treat yourself. Um, a few of you are trying to guess the price. You're way off. Both of you, all of you I've seen so far are way off. Um, I can tell you that we bought it for probably 25% less than, um, its end value. Also, what we might do— again, I can't say too much— have a famous tenant. But, um, we're going to keep the— we're going to keep the ground floor. I'll show you. And then we might convert the upper floors. Obviously there's going to be some planning challenges with that very old-style building, but we could end up having some flats above. We'll see. Um, Dario said 3.5 million, cheaper, cheaper. Um, actually what I can say is I think from what it'll end up being worth with one small change, I reckon it, uh, we'd have got about 25 5% off its end value. Now, in my local area, which is here, let me show you: cathedral, guildhall, shopping center, church, my bored daughter, and this building I've just bought here, um, right smack bang in the center. No, it's not a whorehouse. I see what you're saying there. Um, yeah, so we've got one small negotiable change to this. Something that other people couldn't really see, which has probably uplifted the value by about £250,000 for us. Like you said, Dario, prime in the centre, so this is always going to go up in value. And in our local area here, properties have gone down between 20% and 25% already, so that is proof, like hardcore proof, that the market is coming down and it's a really good time to buy. Buy. I'm just over there, by the way, just over there. I own about 215 rental units all around here. I could, I could walk you around them. So you should be buying stuff like this, not plastic jewelry and whatever else for Christmas. Stuff that pays residual and recurring income for the rest of your life. And because, like I've said, the market's dropped probably 20 to 25% in our area, people are always saying to me, Rob, when's the best time to buy? Well, now, because if you wait, you're going to miss it. So if you'd like to buy stuff like this— and by the way, I didn't actually use my own personal money for this. That's another story for another day. But if you'd like to do something like this, I recommend you join Rob.team. Rob.team is my digital financial freedom platform to help you start and scale a business, make, manage, and multiply money, invest in assets, produce recurring income, buy property low or no money down or with other people's money, and build multiple streams of recurring income. And give yourself a little Christmas gift like I've given myself a Christmas gift. And to join, it's really easy. It costs you less than 20 pence a day. You can cancel anytime. There's no ongoing contract. Learn how to do what I've just done here by joining Rob.team. Just type in R-O-B dot T-E-A-M, Rob.team. If you've got any questions, let me know in the comments. I will get get in them and engage with you. There's 3 masterclasses in Rob.team on buying property no money down, how to cash in on the crash. There's also, I'll tell you what, I'll give you a Christmas gift. How's this? Join Rob.team right now and I'll give you my 12-week Money Mastermind University online course completely for free. 12 weeks in a row I did this masterclass online to teach you what the money system doesn't want you to know about money. How to buy things like this. By the way, I've not used my personal money for this. If you'd like to get this Money Mastermind University completely for free, join Rob.team. Type in R-O-B dot T-E-A-M. There's no risk because it costs less than 22 pence a day. You can cancel any time. No ongoing contract. I will own this for 50 years. Bubba, would you like to inherit it? All right. Thanks for tuning in. Just thought I'd actually show you some live proof. Happy Christmas to you and happy Christmas to me. See you in Rob.TV.
