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Found 10 results

  1. Hi, I'm currently in the process of setting up up my rent2rent business, specifically HMO management. I have recently come across a few deals in manchester. All are 6 bedroom 3 story properties. After doing the dudilligance, I calculated that they all generate a cash flow of atleast £3000 and a profit of no less than £600. Unfortunately I do not have significant funds to pay for the set up costs. As a result am looking for a joint venture partner. Please get in touch if you are interested
  2. Hi, I've got a question about joint venture finance if anybody could help me? I'm buying a large flat to refurbish then sell. I am thinking of going in as a joint venture to help with finances. If i put in one third of the money and my partner puts in 2 thirds but I do most of the buying, refurb and selling, then we split the profit 50:50 does that sound reasonable to both of us (I would also be employing my husband for some of the work thus earning some income along the way)?
  3. Hi all, So myself and 2 other friends (All aged 23) are looking to put our funds together to buy a 3 bedroom property (£180k-£210k) next year, that is in need of interior renovation/modernisation - A relatively easy flip in terms of work to the house. Once flipped, we ideally would like to rent this property out and use a letting agent, possibly with full property management, and split the profit . However, my questions are all mortgage related queries: - How easy is it to swap from a residential Mortgage onto a BTL? Bearing in mind 2 of us are in the RAF so receive several exc
  4. Hello people of property hub, I hope this finds you well. I have some legal questions that someone may be able to advise me on. I have one property which I’ve paid off the mortgage and some savings I am joining up with a friend who also has saved some cash to invest and we hope to start a property business and by working together, turn it into something we can do as full time jobs. I am investing more money (nearly 13 times more) and the plan is to split the profits where I get a higher percentage. we both want to sign up contacts and have everything in writing, we also want t
  5. Hello people of property hub, I hope this finds you well. I have some legal questions that someone may be able to advise me on. I have one property which I’ve paid off the mortgage and some savings I am joining up with a friend who also has saved some cash to invest and we hope to start a property business and by working together, turn it into something we can do as full time jobs. I am investing more money (nearly 13 times more) and the plan is to split the profits where I get a higher percentage. we both want to sign up contacts and have everything in writing, we also want t
  6. My mother owns her own home outright which is worth about 110K. We are looking to invest in BTL together and have 60K capital between us; how do we go about releasing the equity in my mother's home so we can use the capital to cash-purchase a BTL property? Any advice greatly appreciated!
  7. Morning all, after a bit of advice please. I have a ltd company and am looking for a way to invest with a friend that has capital currently in his personal name. We are looking to do flips to build some more capital As far as I am aware neither of us are interested in investing further in our own names as I do not see this as a viable option for tax purposes. I was wondering if their was such a thing as 2 Ltd companies investing together?? I realise this may be tricky as to which company would hold the charge, but I still would like anyone's opinion on how poss
  8. Hi there, I'm looking to make a start in the world of property investment in the Glasgow area. I was originally looking to find a suitable property/seller for a Lease Option Agreement but have heard its quite tricky to do in Scotland? I don't think a Buy-to-Let is the best place to begin so was thinking of buying solely to holiday let or if possible renting to sub-rent as a holiday let if that's a thing? I'm still a student and have around £10,000 to spend so looking for a small deposit investment. I'm also open to any joint venturing/mentoring to help get me started, I wouldn't necessarily be
  9. Hi everyone, My name is Rob and it would be great if you can offer some advice on my proposed joint venture. I have attached an investor pack that summarises the joint venture and at this point just provides a brief overview. What would be great is if you can critique the proposed offer using your experiences? e.g. does it sound interesting? plausible? Any advice would be greatly appreciated. Many thanks, Rob McCarthy
  10. Hi All, I have a question regarding a recent opportunity I've spotted. There's a commercial spot for sale by auction close to where I live, it has absolutely huge potential for development and has had lapsed planning permission for 6 x 2 beds and 1 x 1 bed with basement parking granted. It sits 3 minutes walk from the local train station which has a direct line into London Bridge in 55 minutes, so as you can imagine it would be very popular. It currently has a business occupy the building at a rent of £14k per annum and they need 3 months notice before it's deemed vacan
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