#beginnerpropertytips

[propertunities]

How many people and businesses do you think Propertunities helps along the way? ✅ Friends learning how to buy a home ✅ People learning how to invest ✅ Business partners ✅ Friends earning income ✅ Property education companies ✅ Solicitors - conveyancing, leases, contracts ✅ Mortgage brokers & lenders ✅ Accountants and tax advisors ✅ Vat advisor ✅ Capital allowance specialists ✅ Project managers ✅ Estate agents ✅ Letting agents ✅ Architects and planning consultants ✅ Builders and construction companies ✅ Electricians, plumbers, aircon specialists ✅ Surveyors ✅ Furniture companies ✅ Interior designer ✅ Councils ✅ Charities ✅ White goods, kitchen and TV suppliers ✅ Network and broadband companies ✅ Gas and electricity suppliers ✅ Audible, authors and podcasters ✅ Google, Xero, Clickup, Microsoft ✅ And more! Isn't it amazing to see how one business can involve/pay with so many people? Supporting so many people and their families? Also, look at how many people are needed to make a business work! #gratitude #beginnerpropertytips #Propertunities https://www.instagram.com/p/CLEU3lDFPqQ/?igshid=1ucql4zgp9ug7

[propertunities]

Starters Guide to Property Investing updated! Following over 100 downloads, positive feedback and discussions, the guide has been updated. A big thanks to Ben Chai who has also helped edit the guide. After watching a TEDx talk, rather than pricing the guide for ££, I have been inspired to ask for the following in return instead: * Perform a priceless act of kindness * Write and submit a reflection about your experience * Check your email for the link to download the guide To learn more about the guide, head over to peterngo.co.uk 🚀🚀🚀 #beginnerpropertytips #Propertunities #propertyeducation https://www.instagram.com/p/CG18h3hF65k/?igshid=1isu8q4hr9ni0

[propertunities]

The "penthouse" bedroom in our 9 bed HMO. Plenty of room for a large double bed, desk, wardrobe, chest of drawers and sofa for a reading corner. Within a couple of weeks of marketing, the property is now fully tenanted! It was years ago when we had to negotiate extensions with Sold Subject to Planning when planning was rejected on not very valid grounds... we eventually got planning granted on appeal. #quicktips Generally speaking, if the project is simple, you can use an #architect. If the project is more challenging, work with a planning specialist / consultant. When submitting plans to the planning department, you can use relatively simple drawings. Constructions drawings are required for your builder. #beginnerpropertytips #Propertunities https://www.instagram.com/p/CEElDt-l1V7/?igshid=r5uj6l6fm3cl

[propertunities]

Some quick tips on property due diligence: 💷 If you want cash-flow/high yields, invest in the North of the UK. 📈 If you want capital growth, invest in the South of the UK £££ To ESTIMATE the market value of a property, check the SOLD comparables within 0.5 mile radius and properties sold in the last 1 year. Really understand your exit strategy and tenants / buyers 👪 - Who are they? - Why are they renting / buying? - What is their affordability? - Is there a backup strategy? Who would like to learn more about how to get into property investing? 🙋‍♂️ #beginnerpropertytips #Propertunities #propertyeducation https://www.instagram.com/p/CCVk09IlAS8/?igshid=wce2e2bthuny

[propertunities]

The investment triangle as seen in @dannyinmanproperty presentation at @prosperitynetwork_ :100: Try not to be a hero and run before you can walk.. You can get seriously hurt if you don't have the capital to buffer delays and challenges :skull_and_crossbones: As I've also discussed previously, when investing in properties, you should consider building your foundations with the strategies at the bottom - BTL. :house_with_garden: Move up when you've gained enough experience over time and have enough of a buffer to deal with the risks. At #Propertunities, as individuals or within the business, we've invested in: ✔ Buy to Lets ✔ Flips ✔ Social housing ✔ Multi-let (HMOs without licences) ✔ HMO (5 bed+ that require licences) ✔ Small/medium conversions 🏡🏠🏘 Although we haven't completed on larger conversions and developments yet, we've done viewings and due diligence these projects over the years (from purchase prices of £400k to £26m 🏢🏬), and are always learning from these experiences by: - Talking to investors who want are interested in these size projects - Meeting specialists & advisors who have experience in these projects - Discussing details with our brokers - Doing detailed due diligence - online research, spreadsheet, calling people #beginnerpropertytips https://www.instagram.com/p/CB2T9IVFFO2/?igshid=12o531stjm8tr

[propertunities]

Tips for looking for new builders: - Seek at least three quotes from different builders. - For those who you think you could work with, visit current or completed projects. You could also ask to speak to previous clients. - As a very rough rule of thumb, you could ignore the lowest and highest quote. - Remember that good builders usually busy and more expensive than other quotes you find. These are photos from #Propertunities other 5 ensuite bedroom HMO currently undergoing works. #beginnerpropertytips #duediligence https://www.instagram.com/p/CBkOmCKlnfd/?igshid=1p845r7znugo2

[propertunities]

If you wanted to learn more about investing in buy to let properties, what book would you recommend and why? Although it's not property specific, the first couple of investment books that I found valuable were: * Rich Dad, Poor Dad * Cashflow Quadrant (both by Robert Kyosaki) Other popular books seem to be: * The Complete Guide to Property Investment: How to Survive and Thrive in the New World of Buy-to-Let - Rob Dix * Property Investing Secrets - Rob Moore & Mark Homer * Property Magic - Simon Zutshi #beginnerpropertytips #propertyeducation https://www.instagram.com/p/CAuXmo6FxDn/?igshid=j3yngh6eg66a

[propertunities]

"Financial Freedom in 1 week!" "No Money Down!" "Leave your job in 3 months!" Don't believe the hype in the #propertyinvesting world without doing your own due diligence! Generally speaking, all successful property investors and businesses have had years of acquiring knowledge through news, books, education, mentors, etc. At #Propertunities, we're no different either... - Work as a team and share our knowledge during our weekly team meetings. - Annual team conferences where we focus on ourselves and the business (johari's window, strategy, how we can help others). - Have had different property education. - Always listening to podcasts, reading books, reviewing property groups. - Have property investor mentor, expert advisors, tax advisors, accountants, VAT advisor, project managers... * It is possible to acquire financial freedom- but this requires time, focus and determination - even if you have cash to start with. *It is possible to do "no money down" deals - but this requires knowledge, experience and building relationships. * It is possible to get rich - but slowly, safely and working through many headaches and challenges. No one said property investing was easy! What other things have you heard about property that others should think twice about?! #beginnerpropertytips https://www.instagram.com/p/CAHon24A5iB/?igshid=1iq9c3hm0vsla