#propertunities

[propertunities]

Progress photos from the basement of our #commercial property in Wakefield. The tenant's tattoo business is expanding and they have requested access/more space into the basement! - Basement gutted - Staircase installed - Bathroom moved for access - White box provided for the tenant When it comes to commercial tenants, some differences to note are: - Long leases are registered with Land Registry - Landlords provide a 'white box for the tenant to kit out the place the way they want - Business rates is a huge consideration when it comes to tenants renting commercial premises As the ground floor is so impressive already, I look forward to seeing the tenant's finished product! #Propertunities #properunions https://www.instagram.com/p/CM_9ndjlwiH/?igshid=5sr46ek63027

[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]

Our fully tenanted commercial to residential conversion :tada::tada::tada: From: large commercial unit + offices To: 7 x 2-bed flats + commercial unit We are currently expanding the commercial unit (due to demand) and applying to planning for an 8th 2-bed flat. Reminders for those thinking about getting into #commercialconversions - Projects are not the same as residential refurbs - Know about: VAT, CIL, planning, discharging conditions, SPV structures - Anticipate delays due to unforeseen challenges - Always plan in multiple exits - Have great people around you to work with Big thanks to our JV business partners and investors who've helped make this happen! #Propertunities https://www.instagram.com/p/CGhd7cMF5FW/?igshid=13bpw0wdg5noz

[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]

Have ~10 mins spare and want to learn a little more about property? Here's ten one minute videos created by Miles: https://www.youtube.com/watch?v=-Q80q3khw9Q&list=PLawKn-tVSl9gGizECkJCXSqYmTu1GfoT8 There are plenty of other videos on our #Propertunities YouTube channel ➡ Subscribe https://www.youtube.com/c/propertunities #propertyeducation #Propertunities https://www.instagram.com/p/CCIsKBsF0m8/?igshid=1hd645os5huhy

[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