Bringing on a joint venture partner is a lot of work. It is really rewarding and incredibly satisfying to build a new relationship with a relative stranger to the point of money exchanging hands. The trust that you are taking on is a big responsibility, and we appreciate the trust that our investors have put…
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[featured-img]We have managed to secure a ‘home loan’ finance product for this property. Given the strategy is to get planning, extend and flip on eventually, this financing strategy is a good one for credit profile building. Using a local bank it would be a £53k loan at 60% LTV (under a primary residence home loan),…
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Here are some photos of the state in which we received the property before we started work on it. [s2If !is_user_logged_in()] Below here is some more info for people we know and trust. Check out how to read it here. [/s2If] [s2If current_user_can(access_s2member_level1)] [/s2If]
This property has a lot of potential and uplift possibilities. Our vision for it is to extend the house. This aligns with the demand in that area.
It has been a disappointing day today. One of our first to commit major investors has had to temporarily pull the plug as their funds are caught up in administrative and bureaucratic nightmares in the US. 🙁 As an unfortunate as this is, it also provides an opportunity for us to send this deal off…
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We received the completion* confirmation email from the solicitor today! This is the 2nd property in this JV, and our 3rd property completed so far. *For non-UK readers, completion here means we have paid the full purchase price and the Title will now be registered in our name.
Wow. Today we spent most of the day dealing with a Chinese Visa application. The cost of travelling as a family, with 3 different surnames and not having all your paperwork on hand. It would have helped if the documents required page had of listed all the documents that you actually do require…. eg if…
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We had some interested parties in the last 3 units of this JV, however we had to make a decision on how to proceed today. We had to give them deadline to get in by 9am UTC time, as we had a deadline to meet ourselves. A bit of pressure applied, which can help for…
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Today we sold our Australian home! Well, it was going to be our home. We purchased this property off the plan in 2014, and had planned to live in when Ethan finished primary school. After we decided to move to the UK, we decided to sell it, and managed to do that before it completed…
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Our project manager Geraint Jones is confident that the builder he found has the right level of professionalism and team to do this larger project. A little more expensive to deliver, however the job should be done faster, when time is money, this is super important. The numbers: [s2If !is_user_logged_in()] Below here are some more…
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