Search the Community
Showing results for tags 'business plan'.
Found 3 results
20 year old first time investor advice
Will Dodds posted a topic in Introduce yourselfMorning all Just wanted to ask for some advice off anyone who is a few steps in front of me or is where I want to be. I am a 20 year old electrician and have been studying about property investment/ development for about a year or two simply just reading books, articles, forums you tube videos etc... My best pal and I (who is also and electrician) have decided to partner up on our property investment journey as we both have very similar if not the same goals relating to where we want to be and also feel that we would work very well with each other. We both live in Caterham surrey and between us both have managed to save up around £25,000 and also can get loans if needed. We have been viewing properties in areas such as Crawley/ East Grinstead about a 20 minute drive from our homes. Our strategy is for the first three properties we buy we will sell two and hold one for rent in the hope that we would have made enough capital to afford a BTL investment. Our goals aren't for short term cashflow it is for long term wealth as we both know you cant get rich quick. We have agreed that we will live off our current wages and any money made from the property business will be reinvested back into it in the hope that over a 10/15 year period we would have large property portfolio and leave our jobs as sparkies and become full time property developers as it has always been our dream. I know I have only touched on our goals/ game plan briefly in this paragraph but have one written up going into the depth about where we will be in the future if anyone is interested. Hope you all have a good day and look forward to reading any replies as I think we would both benefit massively from it. Kind regards Will.
Property Investment Business Plan
krism posted a topic in General property discussionHi everyone! I'm hopefully just a few months away from embarking on my property investment journey and wondered if anyone had an example investment business plan they would be willing to share? Also, are any straightforward finance courses you would recommend? Best wishes, Kris
JV Business Plan Example/Template
David Zollo posted a topic in Other AdviceGood Evening I have an investor (well known to me) who has confirmed that they will provide financial backing for my planned property portfolio and investment strategy. They have even stated an interest in a possible long term JV. They have, understandably, asked for a detailed Business Plan from me before considering the opportunity any further. Does anyone have a specific Template for a Business Plan or previous example of a plan or even point me in the direction of some examples? Of course, there are many options to consider via an internet search, but the sites often, very quickly redirect or insist on sign up etc...and I may well have to go down this path. Most interested in your feedback. Gratefully David