I would like to find out a little more about a joint venture, preferably on a BRR approach than a straight loan. Roughly, how would this work:
a) find a deal and then find a JV to match the deal
b) find a JV partner and then find a deal together.
I’m quite often asked, “Peter, can I borrow the deposit money for my buy to let, and finance the rest on a buy to let mortgage?”
Or, alternatively, I’ll be contacted by someone who says, “I’m about to buy a property with a buy to let mortgage and I’m borrowing the deposit from my friend/business partner/ JV partner who I met at the local property network meeting”.
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I’ve had a great question from one of my mentees…. Hi Peter, I would like to find out a little more about a joint venture, preferably on a BRR approach than a straight slip. Roughly, how would this work: a) find a deal and then find a JV to match the deal b) find a…
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So, I was pretty excited to jump on the train, and headed off with the usual agenda.
We’d talk about the “Three Rs”; rents, repairs, and refurbs..
We’d look at a couple of the buy to let properties, typically where tenants have just left, and agree
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If you want to make more money in property investing, more quickly, here’s three things you can do:
Number One – buy a property for l
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Savills found themselves in a bit of hot water after the Euros finals a couple of weeks ago (seemingly by no fault of their own?) but, putting that to one side, I do admire and respect their ‘courage’. Why’s that? Because back in March 2021, which is only a few months back, they predicted average…
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A question I’m often asked is, “Should I tell the estate agent I’m a cash buyer?” The premise behind this question is, no doubt, estate agents think a cash buyer will transact a deal quickly and with less hassle as, in their minds (experience) mortgages take longer (too long) to arrange. So, a cash buyer…
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How to Renovate a Property and Guarantee Yourself a Profit Every Time Download your FREE copy now – just click the link below – no opt-in or email required Making money renovating property can be easy … if you know what you are doing! A lot of people think they can make money by renovating…
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With each property you buy, you’ll learn a lot, not just about the general principles around buying property, but also the specifics, processes and principles to do with your strategy. Buying the first property of any strategy will take you from “not quite understanding how it can work” to “ahh, I get it now”. And…
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I’ve just seen this really interesting article on the BBC News Website which reports a RICS (Royal Institution of Chartered Surveyors) survey suggesting property prices will continue to increase over the next year because of the contracting supply of properties for sale. I’m sure most of us understand that it’s a basic concept in economics…
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