Government forcing landlords to house non-paying tenants for lengthy periods11:18 AM, 15th September 2020
About 5 days ago 39
Back in 2013/2014 I was very active and at the time there weren’t as many investors around buying in Norfolk as there are today.
I was frustrated because I was missing out on deals because I thought I could only buy property with my own funds.
It became increasingly annoying when agents were calling me up and proposing deals to me that I couldn’t complete on, because my funds were either tied up or I was in the process of other projects.
During 2014 I decided to change my own mind set and instead of losing the deals I started to share them with people I’d met through networking.
I met ‘Steve’ and was able to offer him a jump start to property investing via a Joint Venture.
We completed that JV in Dec 2014 and within weeks it was rented for £1800 pcm. Subsequently 9 months later we pulled the funds out with a refinance using the uplift in value and started to build a portfolio together.
We paid £190k for the house and spent around £2500 on it. In April we sold it for £260k.
Since then I’ve bought and sold over 50 HMO properties with Joint Venture partners.
Yesterday, we launched nowpropertytraining.co.uk to teach and demonstrate to other individuals how to source, buy, refurbish and tenant HMOs with Joint Venture partners.
We also have 14 projects currently being purchased with joint venture partners as arm chair investors. If you’d be interested in learning how to create financial freedom, in property with joint venture partners or are interested in JVing with us – please complete my contact form below 🙂
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