Real Estate Investing
I am a firm believer in creating wealth via assets such as real estate.
My firm favourite asset class is property in the UK and this includes a range of property types.
I began investing in property in December 2022 and have since gone on to achieve a 7-figure portfolio with a combination of property asset classes.
HMO
House with Multiple Occupants (HMO) is one of my favourite real estate investment strategies due to the income potential and Gross Development Value (GDV) typically making significantly more than other residential deals.
Be careful when looking to convert residential real estate to HMO because there can be huge additional costs such as upgrading boilers, installing new en-suites in each bedroom, passive fire protection systems to name but a few.
I include HMO in my own real estate investment strategy so can help with you to mind the pitfalls and support you with ideas to increase GDV at project end.
Joint Venture
Joint Venture simply means entering into a partnership with one or more other people. There are lots of Joint Venture partnerships in real estate and this can be because all parties are investing an equal amount of money. It could also be that one member of the joint venture invests all of the money while the other invests their time and skills. An example of this could be a builder who needs to raise money could agree for a real estate investor to have a 50% share of the project if they were to complete all the relevant building works ‘at cost’ so they could both benefit from the increased GDV at the end.
I firmly believe it is much better to have 50% of something than 100% of nothing. This is why I continually seek out high quality joint venture partners to work with on building a property portfolio that makes financial sense, but also provides social good in the areas I invest too.
From House with Multiple Occupants (HMO) to vanilla Buy To Let all the way through to Serviced Accommodation (Think Air BNB) real estate - I consider all property strategies that adopt a well-thought financial plan which can show a healthy return on investment (ROI).
Real Estate Investment: The Risks
I invest my own funds into property deals as well as seek funds from passive investors.
RISK WARNING:
All investments carry risk and you should seek professional, independent advice before investing in any project.
Real estate is one way to generate large income streams very quickly. It is also a quick way to lose your life savings if you invest with the wrong team of people!
From dishonest deal sourcing to insincere investors all the way to bodge it and scarper builders - how can you tell if your investment is safe?
Due Diligence!
I will help you to create a due diligence process that does not 100% guarantee you will not face risk, but will eliminate a number of common (and not so common) risks to your real estate project.
NRLA Accredited Landlord
I am fully accredited with the National Residential Landlord Association (NRLA) which means when I take on a property I agree to adhere to the code of conduct for keeping tenants safe, properties habitable and ensuring there are transparent dealings for all parties.
Every year I must complete Continued Professional Development (CPD) within the property space. This includes attendance at property events, reading professional magazine articles, updating safety and compliance knowledge and much more.
I have been an NRLA accredited landlord since 2022.
