Alasdair explains why he picked property over every other way of making money when he wanted to leave premises-based, 60 to 70 hour a week businesses. He walks through what he ruled out and why, and the webinar that showed him he could start without a large pot of capital. He also draws a clear line between being a property investor and a property entrepreneur.

• What he ruled out: e-commerce needs cash for stock and has thin margins, stocks and day trading need a sizeable cash pot, and restaurants or soft play centres bring high startup and monthly costs plus footfall worries.
• Why property: it is tangible, asset-backed, in constant demand, and has historically trended upwards apart from a few minor corrections.
• The student HMO lesson: he ran student HMOs in Wolverhampton, found the tenants did not look after the property despite his investment, and decided students were not for him.
• The belief that held him back: he thought you could not start a property business with £10k, and it delayed him by about a year until he saw a webinar on a US wholesaling strategy.
• Investor vs entrepreneur: he brought that strategy to the UK as property sourcing, closed 122 deals in his first year and banked over £400,000, and says entrepreneurs can get paid within 30 to 60 days.

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