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Showing results for tags 'remote'.
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Hi, I live in Kent but I am looking (for various good reasons) at investing in Sheffield area. I'm currently assembling a team of advisors - accountant, solicitor, mortgage advisor etc - and evaluating the pros and cons of going local to where I live or where I will be investing. The obvious pro of having them to local in Kent is being able to pop in and see them in person at short notice but I suspect the costs down here are higher, perhaps a lot higher, than they would be in Yorkshire. An added weaker point is that people local to where I am investing might have local knowledge affinity etc. Any thoughts? Thanks John
Who can view my purchases?
Adrian Britton posted a topic in Newbie Advice & SupportHello fellow hubbers I'm considering going on a spending spree all the way from Australia, and for the life of me can't find any information on how to go about getting help with the viewing process from overseas/remote locations. I know this game is mostly about "who you know", and I know that investors have trusted friends/agents, and part time resources, but how does one locate a trusted source. If any of you have any recommendations, or advice, that would be much appreciated. For what it's worth, I'm looking at Manchester and the other tier 1 regions in the so-called Northern Powerhouse. Help. Please! Cheers AB
Hi, Back in 2009 at the bottom of the market, I failed to convince my family to invest in multiple properties and we ended up cash buying one property in Portsmouth. We refurbished and converted it from three to five beds and rented out to students. We did well on it but it could have been so much better! I'm now pursuing a strategy of buying my main residence in London, developing it and moving on to the next one (I'm on my second). I think I've got a pretty good eye for design and utilising space, and can manage trades. In parallel, I've got some cash that I'm thinking of investing in other ways. I'm primarily considering buy to let, particularly up North or in the Midlands, though I'm not yet sure how I'd do it remotely. I'm pretty good at business/financial modelling and I'm familiar with a number of international markets, as I travel quite a bit. I look forward to interacting with you all. Thanks, Witek
How to manage refurbs remotely?
James Brill posted a topic in Refurbs & DevelopingI live in London, and am about to start investing in property in the North (I'm relatively new at this). Depending on what deals I find, I may wish to refurbish them to add value. - When it comes to builders, how feasible is it to manage a building project from the other side of the country? - To what extent do I need to be physically present? - How would the builders get access to the property without me being there with the keys to let them in? - If I needed to pay someone to keep an eye on the builders and let them in, what kind of people should I be looking for? It'd be good to hear stories from people who have done this kind of thing before. Cheers!
Hi guys, Anyone got any experience or advice for successfully investing in HMOs in a different city? I'm based in London and am looking to invest up North (more affordable). Thanks