HELPING YOU TO MAKE GREAT PROPERTY INVESTMENTS AND DELIVER SUCCESSFUL CONSTRUCTION PROJECTS
5 STEPS TO PROPERTY SUCCESS
BUYING YOUR INVESTMENT PROPERTY
Many of our clients tell us that they know they should have been investing in property for a number of years but didn’t have the time or energy to do so or simply have not scaled there portfolio as had hoped to.
We understand that buying an investment property is a big step for you, and that is why we are here to support, reassure, and guide you on your journey. It all starts by understanding you, and your goals. Every client’s investment strategy is different and needs to be in order to meet their aspirations.
This is possibly the most over-looked step when starting investing…having a strategy. This acts as the foundation for all future success.
1. LEARNING: WHY INVEST IN PROPERTY?
We discuss the many benefits of property investing, along with the risks and how to mitigate them. We also cover the various strategies for investing in property: BRR, Buy to Sell (flipping), Buy to Let, and the steps we will take to deliver value for you. We will show our existing on going projects and our completed projects and you get to know our current investor clients and how we built there portfolio. Finally, and most importantly, we will get to know you, your goals and ambitions and start building the relationship.
2. BESPOKE INVESTMENT STRATEGY
As with any strategy, thorough planning and preparation is the foundation for future successes. We listen to you and develop a strategy which will best deliver your aspirations and expected investment return, using our experience and knowledge of the market to deliver the maximum value for you. Every client has different aspirations so it is important to ensure everything we do is taking you closer to achieving your goals. This strategy phase is often overlooked, as investors jump in to investing fuelled by excitement, naivety or lack of guidance.
3. PROPERTY SOURCING (AND ACQUISITION)
Finding the right properties, in the right areas, at the right prices is essential. It is when you buy a property that you make your money, not when you sell. Leveraging our relationships with estate agents buying over 50 properties in our patch in the last 4 years, our knowledge of the property market and our experience of what makes good investment properties, we help to find the right property for you to deliver the best value for your strategy. We aim to help you purchase these below market value with the potential to add value, often securing properties before they even reach the market and post auction.
Once we have found you the right property, we offer access to our team of expert partners, in order to guide you through the buying process:
- Financial planning/Accountants – tax implications, planning and support.
- Surveys – If required arranged in short timescales, local friend who works with yorkshier surveyors largest surveyors in Yorkshire.
- Mortgage brokers – finding you the mortgage with the best rates, and terms aligned to your goals e.g. can you re-finance to leverage your capital, or avoid Early Repayment Charges etc.?
- Solicitors – Legal support is essential to uncover any hidden issues with a property purchase, so having good support in this area is invaluable we have used our solicitor for over 50 transaction some very complicated and are world class!
- EPC draft reports to get the EPC to a C+
Investing in property can be complicated with changing laws/regulations, tax, legal, and mortgage issues being just a few potential pitfalls, so having the right support is important. We know our clients and this is how we best deliver value for you.
4. VALUE ADDING
The best ways to add value to your investment is buying a property that requires modernising. We offer a fully project managed renovation with our in-house construction team for you, utilising our experience, and our trusted staff of tradesmen to make the renovation seamless and guaranteed quotations, whilst being incredibly efficient with timeline to complete the works, doing whatever it takes and prioritizing our projects deadline. The quicker it is complete, the sooner you get rental income and money back from refinance, we have perfected the art of this doing so many full BRR (buy, refurbish,refinance) property cycles.
At this point in process, your investment property is ready to go on the market for rent (buy to let/ BRR), or back on the market to sell (buy to sell / flip). We manage all of this for you to ensure you get the best value from your investment with a proven track record of doing so.
5. INVESTMENT REVIEW & SUPPORT / warranty (MENTORING)
So, you have started your investment journey, taken all the right steps, you now have a newly renovated property with all regulation and certificates with improved EPC C rating now refinanced at the new value now that works have been completed. With you recouping all in not most of your initial investment in the 2-6 months with a vetted tenant now in situ giving you the return on your investment and building your wealth. It is important to keep reviewing your investments’ performance, and overall strategy to ensure they are working hard to achieve your goals. This step will highlight if any adjustments need to be made.
We offer regular support sessions (virtual or face to face) to help you deal with any issues and provide advice and guidance as you need it. This will ensure you continue down the correct path to achieve your goals and make the right decisions along the way.
Investing in property is dynamic and to be successful you need to keep up to speed with all the latest changes. These could be legal changes, tax implications, mortgage rate changes, property management requirements etc. It is important to understand what impact these can have, and undertaking regular reviews makes sure you get the return on your investment that we planned for.
We repeat the cycle and build your property empire!
TEXT BESPOKE SOURCING to - 07909613771 TO RESERVE YOUR SPACE NOW!!!