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Beware the Influence: Dodgy Deals, Rental Riches, and Celebrity Secrets
Manage episode 424672237 series 3551533
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In this eye-opening 15-minute episode of FFS! Fast Finance Sorted, hosts Martin, Beth, and Hilary tackle the alarming trend of influencers promoting dubious investments. They discuss how reality TV stars and Instagram influencers can sometimes unwittingly or knowingly endorse scams, highlighting the importance of caution and financial literacy when taking advice from influencers.
The conversation also delves into the risks of guaranteed high returns and unregulated investments, such as Ponzi schemes, emphasising the need for due diligence and scepticism in finance.
The hosts then turn their attention to financing options for building a rental property portfolio, offering insights into finding the right finance solutions tailored to individual needs.
LinkedIn Legend Suman Randhawa's question about qualifying property types or projects for business finance prompts a discussion on the criteria for securing business finance and investment opportunities.
To wrap up, the hosts share intriguing random facts, including how celebrities rent out houses to enhance their public image, adding a touch of curiosity to the episode.
Episode 26 delivers a blend of cautionary tales, financial wisdom, and entertaining anecdotes, guiding listeners through the complexities of investment decisions and financing options. Tune in for a fast-paced exploration of influencer pitfalls and rental property finance!
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