Factors are hated as much as traffic wardens with Doug MacSween
Scottish Property Podcast - A podcast by Nick Ponty and Steven Clark - Mondays
Categories:
In this episode, we talk to Doug McSween of 91BC. Doug is a partner in a successful factoring company based in Glasgow and it was interesting to talk to him about the sector. Many property investors despise factors, eating into the cash flow and overcharging for maintenance but like any industry, there are good and bad.We discuss:What a factor is and what exactly they do for their moneyHow did they generate income and do they take on markup on maintenance jobs and insuranceWhy fac...