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Property investing alongside my job: My introduction


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well good morning Selina,

 

Great to have you on the forum and starting off in property while having a day job means there is less stress and you can do it at your own pace. 

 

Is there any particular areas of property you are interested in? Buy-to-lets? HMO's? sourcing?

 

Cheers

 

Phil

 

 

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Hi

great content every one. 

 

my name is Anthony. I currently own a loft and extension company and I’m looking at branching out and start flipping my own properties for resale. However, I’m looking for good partners I can work with I London. 

 

could someone please recommend to me some contact details on a good 

 

bridge finance broker

solictors 

accountant

mortgage brokers 

sourcers 

 

 

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Hi Phil,  

 

I am interested in buy to let as a starting point and then possibly onto HMO’s when I have more confidence and a bigger portfolio.  Although I run my own practice at the moment, I also want to run my own property rental business too and this is a great place to learn to be successful.

 

What are you currently doing and do you have any tips or success stories so share?

 

Kind Regards

 

Selina

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1 hour ago, anthony ezenagu said:

Hi

great content every one. 

 

my name is Anthony. I currently own a loft and extension company and I’m looking at branching out and start flipping my own properties for resale. However, I’m looking for good partners I can work with I London. 

 

could someone please recommend to me some contact details on a good 

 

bridge finance broker

solictors 

accountant

mortgage brokers 

sourcers 

 

 

Hi Anthony, I am an Accountant but not based on London unfortunately but I also have a mortgage broker that I use personally and soon for my buy to let too.  His name is Jaime Lines and I can give you his contact details if you are interested.

 

kind regards

 

Selina Green

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Hi Selina, 

 

That's exactly the same model I'm currently working on.

 

I kept my flat in London after moving and managed to release some equity so as can keep investing. I'm Currently in the process of buying a off market block of four flats in bolton. After which I think looking at HMO's might be a good idea as mortgages will be easier to get as I have BTL properties in the portfolio and HMO's are much higher yielding as well. 

 

A couple of things that might be a good idea to consider as you're starting out are:

 

- setting up a limited company to buy your properties through (this is a good idea if you're alreay a high rate tax payer or are looking to have a big portfolio in the future)

 

- Listen to the podcasts! they are a great source of knowledge, here are a few I think are good picks.

https://www.thepropertyhub.net/the-18-year-property-cycle-year-by-year-part-1/

https://www.thepropertyhub.net/the-18-year-property-cycle-year-by-year-part-2/

https://www.thepropertyhub.net/how_do_successful_investors_think/

 

- look out for property courses! and stay well clear of a training provider called Legacy (robbie fowler courses amongst others) they are terrible people and are basically just trying to steal your money!!

 

- head to a property hub meet up and network/ hang out with like minded people and it will also help you build a network of contacts (brokers/ builders/ sourcers etc)

link to find your nearest one: https://www.thepropertyhub.net/events/

 

I hope that helps and any more questions, just ask. 

 

Cheers

 

Phil

 

 

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2 hours ago, anthony ezenagu said:

That will be great.. getting as much contact as I can get before my investment. Can you pls share his details 

oaezenagu@gmail.com.. very grateful

 

Hi Anthony, please find attached his contact details.

 

Please let him know that I referred you.

 

kind regards

 

Selina Green

ADC74580-007D-493A-99AC-60F2F6910ADE.png

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25 minutes ago, Phil Brown said:

Hi Selina, 

 

That's exactly the same model I'm currently working on.

 

I kept my flat in London after moving and managed to release some equity so as can keep investing. I'm Currently in the process of buying a off market block of four flats in bolton. After which I think looking at HMO's might be a good idea as mortgages will be easier to get as I have BTL properties in the portfolio and HMO's are much higher yielding as well. 

 

A couple of things that might be a good idea to consider as you're starting out are:

 

- setting up a limited company to buy your properties through (this is a good idea if you're alreay a high rate tax payer or are looking to have a big portfolio in the future)

 

- Listen to the podcasts! they are a great source of knowledge, here are a few I think are good picks.

https://www.thepropertyhub.net/the-18-year-property-cycle-year-by-year-part-1/

https://www.thepropertyhub.net/the-18-year-property-cycle-year-by-year-part-2/

https://www.thepropertyhub.net/how_do_successful_investors_think/

 

- look out for property courses! and stay well clear of a training provider called Legacy (robbie fowler courses amongst others) they are terrible people and are basically just trying to steal your money!!

 

- head to a property hub meet up and network/ hang out with like minded people and it will also help you build a network of contacts (brokers/ builders/ sourcers etc)

link to find your nearest one: https://www.thepropertyhub.net/events/

 

I hope that helps and any more questions, just ask. 

 

Cheers

 

Phil

 Thanks Phil, this is really good information.  I really appreciate the support and advice.

 

kind regards

 

Selina

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