I hope this finds you all well in the run up to the festive period.
My name is Andrew Hayworth. I’m new to the forum and wanted to introduce myself with a question for you all.
I am in the process of setting up a property investment vehicle, focusing on residential buy-to-lets, with initial capital c.£1m.
Target areas are Edinburgh, Aberdeen, Glasgow, Dundee and Inverness. I know these markets and have an existing contact network of tradesmen established in Edinburgh, Aberdeen and Dundee. I also have a large family network in Inverness who can advise on location, tradesmen and the state of play re the local market and new University opening in 2015.
I currently own 3 residential buy-to-lets in Edinburgh (where I live) so have a base working knowledge of property investment. However, I am looking to identify someone who can advise on the development of a robust investment strategy for a larger portfolio and to help mitigate risk where possible.
I would also be interested to hear from any Scottish members who would be willing to open a dialogue. I’m a young businessman (27) who has benefited greatly from mentoring throughout my career to date. Whilst I have worked in property previously (3 BTL’s and a couple of refurb + sales) I feel that building a relationship with someone more experienced would be invaluable over the coming 12-months.
I should note that I’m not looking to steal too much time. Just some feedback and advice from readers or lunch once a month (on me of course) and the occasional email for questions/sense checking.
Many thanks to everyone in advance.
Have a great Christmas when it comes.