Ian Finds Silver Lining in Cloud over Property Market; IN an Occasional Focus on Small Firms, My Business Looks at Ian Lamb's Urban Property Management My Business

Article excerpt

Byline: Ian Lamb

IAN Lamb's previous status as a "rock star" helped him build the foundation of his current property management company.

Aged 23, his band The Miracle Workers were signed to Sony records and a hit in Japan provided the cash for the first of his 13-strong property portfolio.

Ian quit the band after dance music started to grow in popularity and he saw the writing on the wall: "People weren't getting signed by music companies so I thought I had better get a proper job.

"I sold my keyboards and the money from that and royalties from our hit paid for my deposit on my first property, a shop with a flat above, in Longmoor Lane that cost pounds 14,000."

He rented while working in training for 10 years, seven as training manager at solicitor Silverbeck Rymer.

But last year Ian decided he needed something different and set up his property management company that has two outlets in Maghull and Tuebrook's West Derby Road employing four staff.

The company lets residential space for owners and provides a tenant finding service and property management: "Finding tenants is easy, the trick is finding good tenants."

Commentators bemoan the state of the property market, but Ian insists the credit crunch has been good for business: "People can't sell their houses, so there is more tenants business. …