newbie786

New Member

Community Reputation

See reputation activity

Location
London
Areas I invest in
London
Property investment interests
Single Lets and Rent to Rent
My skills
Quantity Surveyor by profession, knowledge in construction (infrastructure) not buildings sadly, construction law and financial project forecasting
My goals
Passive income and legacy for my children
Interests outside property
I love spending quality time with my children, cinema and playing various sports including cricket, badminton and table tennis.

newbie786 reacted to a post in a topic: Loaning money from contracting company to property company February 9, 2019
btl Loaning money from contracting company to property company

newbie786 replied to newbie786's topic in Introduce yourself

Hi Derek, Thank you for your concise and well written response. For me to utilise the funds in my current company, will help me significantly in building a property portfolio. My children are all under 7 so I don't think it wise to have them as shareholder in the company just yet. I think I do need to get an accountant who is better equipped in property knowledge. Any recommendations on that front? Thanks!
btl Loaning money from contracting company to property company

newbie786 posted a topic in Introduce yourself

Hi Hubbers, This is my first post on the PropertyHub, so please be gentle! I need some help/advise on loan from company to company whereby the shareholder of both companies are the same. The Dilemma I am currently the only shareholder of a limited company for quantity surveying whereby I provide commercial services on a freelance basis. I have been doing this for couple of years now and have managed to save a substantial amount in my business account. As the money is just sitting in my business account, I want to utilise it, and am now looking to set up a Buy to Let l