I would like to find out a little more about a joint venture, preferably on a BRR approach than a straight loan. Roughly, how would this work:
a) find a deal and then find a JV to match the deal
b) find a JV partner and then find a deal together.
The best way to treat buy to let as a “business” is to plan for the long term. And, whilst it can sometimes be tempting to cash-in early and take your profit, you have to remember that the greatest benefits of property are obtained in the later years NOT the early years. To catch all…
Estate Agents (Part 12) It’s time to think about commercial conversions and how to find deals that will fit this strategy – but first, I want to think about why we would want to do commercial conversions in the first place. After all, from the outside, these sound like big deals and a lot…
Estate Agents (Part 10) Over the last few months we’ve been thinking about where to find our property deals. We’ve covered buy to lets, flip properties and HMOs. As such, we’re now on to serviced accommodation. At its very core essence, serviced accommodation is not dissimilar to buy to lets. The big…
Property Strategies (Part 7) Next on my list of principal property strategies that we can use in today’s market is Rent to Rent. Very simply put, rent to rent is essentially sub-letting. Now, when you usually mention the term “sub-letting”, this tends to throw up images of some form of illegal or dodgy…
Property Strategies (Part 6) In this series of blog posts we’ve thinking about the main strategies that we can use in property – and whilst this isn’t something that I pursue personally, this is worth thinking about as it can generate exceptionally good returns. The strategy in question is “Serviced Accommodation”. Serviced accommodation…
Property Strategies (Part 5) This week we are going crank it up a notch and take a look at how to be more creative in our investing. For example, using “options”, delayed completion and other innovative ways of structuring deals. Now, whilst some people ONLY follow creative strategies such as options, I prefer…
Property Strategies (Part 4) This week we’re going to be thinking about HMOs or Houses of Multiple Occupation. Back in the day, we would have called an HMO a bedsit – in which a number of people live together under a single roof, each with an individual room that they rent out separately. Today,…
Property Strategies (Part 3) This week we’re going to think about flipping. At its very core, flipping is all about buying a property as cheap as possible to then sell on and make a profit. Now, one would assume that in order to sell it on at a profit, you might have to do something…
10 Things I’ve Learnt (Part 10) This is the final instalment of 10 things that I’ve learned over the last 20 years of investing in property for myself, and the last on the list is this: You have to get started now. Although it sounds rather ironic, when I started out on my own…