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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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]
A nice little flip came through today, with a tidy profit margin, perfect to finish the Invest 1 plan off so we decided to take it up, as the numbers work. This property would make a great Buy To Let (BTL) however the current strategy calls for a flip at this time, so we are…
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We decided to take on some demolition work to “get our hands dirty and feet wet”, as Jeffrey Lee would say. This will also reduce the build cost a little as we can dispose of large bulky waste for free at the local recycling centre, as Ma & Pa’s can but commercial operations cannot. 😀 We…
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Here are some photos of the state in which we received the property before we started work on it. There are some interesting items that we might be able to sell, some other items that will go to the tip. A lot of rubbish though. [s2If !is_user_logged_in()] Below here is some more info for people…
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We got the email from our solicitor today that we’ve completed*on Walter Road, which is great news! *For non-UK readers, completion here means we have paid the full purchase price and the Title will now be registered in our name.
Walter Road was not within our original plan for Invest 1 in the first 6 months, but we decided to take it on because we had a keen investor who was interested in a bigger project, so we created Invest 2. [s2If !is_user_logged_in()] Below here is some more info for people we know and trust.…
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We had a flip appear today, and taking a look at it, it was almost an immediate yes before doing the numbers as the opportunity to add value was immense by doing some land development style title splitting, subject to planning of course. The basic numbers: Purchase: £80,000 Costs: £5,000 Refurb: £20,0000 Total Spend: £105,000…
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