Tag: cash flow

Created with Sketch.

Craig launches coaching

Craig has launched a life coaching business and talks about the experience of doing 21 day challenges to get started towards a goal here.

Blodwen Street – New Agent

Agent didn’t live up to their promise, so we are getting a new agent at the end of the short leash we gave the old agent. Strategy and Update.

Gwendoline Street – Construction Starts

Started construction on Gwendonline Street, some interesting issues raised like damp and dry rot, we knew – but the treatment is hectic.

Walter Rd – Mid Construction

We’ve received a mid-construction report from the Project Manager on this one, which is great!  As you can see from the photos below, there’s been some real progress with frames built, and the walls and floors are really looking different from the state we left it in. Work completed so far: Rip out Frame works…
Read more

Gwendoline: Finding a builder

Today we met with 2 builders on site to get some quotes and ideas about the development. Walking around the property with the builders, we discovered the ease in which this property could be turned into a HMO at a relatively low cost as many walls are brick, and therefore the fire exit is protected. …
Read more

Bridging Loan

We are using 2 of our properties to secure a 64% LTV bridging loan with a commercial lender called Together Finance.  We want to start relationships with the bridge loan companies and banks, and prove our capital adequacy and credit worthiness.  So for now, we will pay the large interest rate (detailed below) and set…
Read more

Visa fun

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…
Read more

Invest 1 – Deadline looms

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…
Read more

Walter Road – Finding a builder

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:

Gwendoline St – Before

Here are some photos of the state in which we received the property before we started work on it.