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Found 6 results

  1. Hi may name is Dal, I'm from Birmingham and am looking to begin my property investment/developer journey. I have no experience but have some skills in DIY. Im not sure which strategy to go with, interested in flips but also like the idea of buy renovate and hold. I guess I'm looking more to invest in my area, is that good or bad? In the next 5 years I'm going to have minimum 10 property portfolio but be financially free in the next 12 months. thanks for reading all. onwards and upwards Dal
  2. Hi Guys, I’m just in the process of purchasing my first property, it is a repossessed 2 bedroom flat so is in need of modernisation. I would say the flat needs a full refurb which would include a new kitchen, bathroom, redecorating, flooring and a new boiler. The surveyor said the electrics and plumbing seem to be fine but may need changing in the near future, so I was thinking to get this down whilst I’m changing everything else. I just wanted to know how much would something like this cost to be done at a good level. In my head I’ve budgeted for about £20k - £25k. Would be gre
  3. Hi All, I've done a refurbishment befpre and was fortunate to have made on that one £29,000 - Question is, I know i have £52,000 cash aswell as owning a residential property. I'm only 24 so a bit new to this but been researching and reading everything I can so ready to make my next project. Question is: Should I buy a house for £40-50k cash. Then get a loan of £20k to refurbish the house. Or do bridging then use remaining cash to refurb? I know bridging can be interest heavy so my idea of cash is cheaper and then a loan can just get a flexible
  4. I currently have one residential mortgage but I would like to purchase another property to renovate and sell for a quick profit. Last year I decided to do some travelling and I am currently working a ski season in Europe. I rented out my house before I went travelling so the repayments are taking care of themselves (and I plan on leaving it that way). I will be returning to the UK in April and would like to invest in another property, but to buy and sell rather than rent out. I am a general builder by trade so (other than gas and electric) I can do most of the work myself.
  5. Hi everyone, I have just registered with the propertyhub after listening to half a dozen or so of the podcasts and really enjoying the style and approach of Rob & Rob. We (my girlfriend and I) bought as first time buyers at £160k in 2012, spent a whole lot of money and 18 months getting planning (nightmare), renovating and extending (if you can name it we have had to do it in our house, roof, electrics, plumbing, steelwork, sewage treatment plant, connect to mains gas, underpinning, dealing with asbestos...). We also managed to buy a little more land and build a garage on the plot
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