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Darren McNeill

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About Darren McNeill

  • Rank
    The Finnigan-McNeill Property Group

Contact Methods

  • Website URL
    www.fmp-investments.com

Profile Information

  • Location
    North West
  • Areas I invest in
    North West
  • About me
    Offering hands free BTL solutions. We can source, renovate and manage your next BTL purchase.
  • Property investment interests
    BTS, BTL, Lettings Agency Management, Property Sourcing
  • My skills
    Remaining positive
  • My goals
    To enjoy my job

Recent Profile Visitors

6,683 profile views
  1. You cannot charge for this. I own a lettings agency and unfortunately unless we can come to a compromise with the tenant is pretty much tough luck. Just put a dispute in with the company holding your deposit. It will drag out for a good couple of months as they are really slow at dealing with claims but you will eventually get it back. If your bored and want to see how I started with not a lot then I have journalled everything that I have done in the last 5 years on the Property Hub Forum: https://propertyhub.net/forum/topic/5604-i-did-it-financially-retired-in-5-years-starting-w
  2. Top tip here is to get legal protection cover with your buildings insurance. This then covers the legal cost to get these muppets out. Next BEST tip is to use an expert. Ive tried it myself, not worth the hassle as if you get it wrong the smug tenants get to wave their finger at you for a few more months. We manage over 160 houses and use The Landlord Group (just google). The founder is one of those guys who is on those eviction TV programs. We found the pricing to be good for what they do and have always found they communicate with us and our landlords well, which I find importa
  3. I would be out there buying property. Your losing a fortune in inflation alone right now. I would personally be looking at units that can be purchased for £85k that will return 550-650PCM (which is quite easy to do). I would also be looking at only using a 25% deposit rather than tying up so much cash at the start. If you did the above you would easily be clearing 300-350 per unit after management costs, mortgage costs etc. The benefit of smaller mortgages is that they are smaller payments. Most of my mortgages are between 120-160 per month. I have had non pa
  4. My Strategy... Just carry on as normal. I never get overly concerned by a few percentage points on my mortgage. The reality is its only a few ££ each month. It may go higher, it may go lower, but that's what they are and I personally cant let that stop me from buying. I really try to look at property as simply as I can and not other think things. I was buying when Covid started and people were cancelling sales because they were scared the market would fall. It did the opposite. I might be a bit too casual in my buying process than most people though, lol If your bored and want
  5. The absolute first thing to do is to speak with a broker who specialises with ex-pats. There is ALWAYS a solution. Reality is you will probably get initially stung with APR or setup fees etc because of your personal situation, but they key is getting on the ladder and getting that first one secured. Once you have one or two, then more lenders open up to you. If you need to speak to someone then feel free to Whatsapp me on the below number and I can send you my brokers details. He knows someone who has done quite a few mortgages for my clients in similar situations to yourself. The bi
  6. Hi Ken, Have you looked more into your investment areas since your last post a month ago? Vineet mentioning up North is a good call. Absolutely tonnes of opportunity that huge numbers of investors are missing out on. Its so easy for people to be drawn to the big cities that everyone talks about on podcasts and YouTube, but there are so many areas that are commutable that people don't know about. I now have 15 personal rental units and we have sourced, renovated and managed another 160+ for our clients. We have recently had some amazing capital growth as we have felt the effect of the
  7. 12.05.2022 Well there we have it, 5 years ago today I had the keys in my hand for my 1st ever property purchase! (images are from my Instagram post, lol). It does seem like a LONG LONG LONG time ago now, lol...... I remember sitting there watching YouTube videos on how to do basic jobs. Phone reception was almost non existent and it was a right pain in the arse. Back at the start I was able to journal EVERY SINGLE DAY!! If you are curious on the works then you can have a quick read here: What really opened my
  8. I have looked for software and have never found anything that worked better than my basic system that I have grown over time. I found that most systems are overly complex. This is our system and we manage 160 houses: Dropbox - All properties in their own folder with sub folders for images, tenants, maintenance, certificates etc Google Sheets - Spreadsheet that has the address, contract date, year separated for each month to track rents and then also the tenants contact details. Google Calendar - Simply set an event with email notification for gas safety etc. You get an e
  9. 14.04.2022 I have completed 200 renovations now...... reality is that it is very hard. Apologies for the negativity! Once upon a time I recall people telling me about issues and thinking it would never be me it happened to....... Since Covid ended and every Tom, Dick & Harry started to have work done on their properties trades are the busiest they have ever been, and the cowboys have come out in full force! We have been stung by 3 different trades, one was going as far as sending images of roofing works done on OTHER properties to show they had completed works...... I could l
  10. *From my other post* I have changed careers and went full time into property 5 years ago. I have now built up a sourcing business, a renovations company and also a lettings agency. You can read my entire journey here if you have a spare month or two! lol: The reality of doing this is much different from the fantasy that people write about, unless you have a significant pot of cash to start with. I started off with only 20k so my journey has probably been much tougher than most people. I think what you need to do is sit down and establish what monthly income you nee
  11. I have changed careers and went full time into property 5 years ago. I have now built up a sourcing business, a renovations company and also a lettings agency. You can read my entire journey here if you have a spare month or two! lol: The reality of doing this is much different from the fantasy that people write about, unless you have a significant pot of cash to start with. I started off with only 20k so my journey has probably been much tougher than most people. I think what you need to do is sit down and establish what monthly income you need to support your life. T
  12. Not a problem at all 😀 Darren www.fmp-investments.com Whatsapp Direct on: 07908403515 01706 507202
  13. Hi Isabella, We can help you if you are still looking for a managing agent? Small family agency that I set up a few years ago that I created as I am an investor myself and wanted an agency that wasn't just going to throw anyone in a property to get a fee. Darren www.fmp-investments.com Whatsapp Direct on: 07908403515 01706 507202
  14. Only 1 inspection per year? Our minimum is 2, and all new rentals get one at 3 months. If we ever do an inspection and find issues then we do regular 1-2 month inspections to make sure issues are resolved. Your agent should be adjusting their inspections to the needs of the property and the tenant. Darren www.fmp-investments.com Whatsapp Direct on: 07908403515 01706 507202
  15. If you're based in the North West then feel free to get in touch as I have my own small agency that only deals with genuine investors. I basically set it up as one day I wanted my own rental properties to be looked after for me, and that is now what happens. My sister runs the agency for me and I rarely get involved with my own properties, which I must say is a nice place to be in. Darren www.fmp-investments.com Whatsapp Direct on: 07908403515 01706 507202
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