Housing Boom or will you go Bust? How to pick the money making strategy that is right for you.

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Presentation transcript:

Housing Boom or will you go Bust? How to pick the money making strategy that is right for you

What IF …….? You heard something that will make you money? You learned something new that changed your business? You thought about something in a new way as a result of being here today?

What is informing your choices?

Property News - What do you see? Headlines of interest rates rises Rental shortages, Property shortages, rental increases, plenty of property?

Do you feel like your life is a roller coaster inside of a maze, Do you hope it’s a phase? Spending way more than you save? Tiny Tempeh - Tsunami What’s going in your head

Do you feel like a room without a roof, Is happiness your truth Do you know what happiness is to you And is that what you want to do? Pharrell Williams - Happy Or

HAPPY

Tripled my business turnover The Sourcers Apprentice The Property Sourcers Quadrupled income, became limited company and VAT registered! Named Telegraphs Top Most Influential People in Property

My underlying beliefs

This evening I will cover  How to avoid the hype  How to pick the best money making strategy for you  How many properties do you need to be free  How much is it costing you to invest in property  How much are you realistically making

The Business of Investing success Financial Market Interest rates House prices Availability ££ Your Objectives Life style Time Income Strategy How much time Money in and money out Knowledge

Financial Market  Interest rates and Affordability Up but WHEN Buyers and renters  House prices Confidence in the market - without prices running away Do I sell now Can I afford to buy Ignore the HYPE !  Availability of £££ Lender confidence Government schemes

Your Objectives  How much money do you need a month?  How much profit will each of your properties ACTUALLY generate? Do the maths ……  How many houses to you need to cover the basics?  How many to feel secure  How many to feel free How many houses do you need?

Will your strategy get you there?  What strategy are you following?  Why? For what purpose?  When do you get paid?  What are the risks to your income? Strategy

What strategy are you following? Lease options Flips Buy to let HMOs Buy and split Assisted sales Adverse possession ……………..what else? Strategy

Capital Growth Cashflow High cashflow and Potential for capital growth Low/No cashflow and Potential for capital growth High cashflow and No capital growth Analysing the right strategy When do you get paid?

What are the risks to your income? The J Curve - More £££ into the business than out of the business for years until finally you make a profit?  When will you make money?  How much will you make?  Is it worth it? Strategy

What costs are involved in buying and selling? How much cash do you need?

Cost to flip  25% Purchase Price  Mortgage payments – or bridging  Cost of refurbishment  Contingence  Insurance  Estate agent fees  Stamp duty?  Solicitor fees in and out Strategy How much do you want to make?

Cost to flip Strategy How much do you want to make? 25% deposit on £100,000 25, months mortgage 2, months insurance Solicitor, broker, survey 2, solicitor to sell 1, % EA fees 1, Contingency 2, Refurb 20, , Double your money?£150,000

Strategy London 13.3% Increased to 17% South East 6% Increased to 8% Wales and NW % East Anglia 1.6% What are REAL values in your area?

Strategy Original value 100, % 8, Value of a new bathroom 2, Value of a new kitchen 4, Valued added through redecoration & carpets 3, Fixing damp 3, Paint the outside 3, , New price 125, How much time did it take? 10 months Your time ? 1 day per week? 40 days You lost £4, and earned no wages You could have had £750 per month cashflow and kept the asset! What will you make?

What about London! A Property in Wiltshire  Current purchase price £210,000 within 15 miles  Two bed semi Chippenham  Three Bed house Chippenham  Most of Swindon What value can you add? Strategy

Original value 210, % outside LONDON 16, Value of a new bathroom 7, Value of a new kitchen 11, Valued added through redec 3, Fixing damp 3, Paint the outside 3, New price 256, Strategy What will you make? 25% deposit on £210,000 52, months mortgage 4, months insurance Solicitor, broker, survey 2, solicitor to sell 1, % EA fees & stamp duty 7, Contingency 4, Refurb 20, , Sell at £249, Repay mortgage £157, Repay cash £92, Profit ………....…………..…..£0! for TEN months effort

Affordability  Who will buy from you  What can they afford to borrow  First time buyer market  Couple earning £25,000 and £30,000  Joint multipliers subject to checking 4.5 x joints or 5 times joint  Investor market?  Stamp duty thresholds?

Deal Analysis Workshop DVD Free voucher worth £100

This evening I covered  Why you need to avoid the hype  What is the best money making strategy for you  How many properties do you need to be free  What it is costing you to invest in property  What you are really making from property

What IF …….? You heard something that will make you money? You learned something new that changed your business? You thought about something in a new way as a result of being here today?

Free Gift for everyone in the room

Next Steps – leave your card Want a copy of the slides If you are interested in staying connected - register for our free newsletter Further training and support – Books, DVD, Coaching and mentoring – Come and see us

Deal Analysis Workshop DVD Free voucher worth £100

Free Gift – for the first 10 replies Free twenty minute Micro Strategy Session with Vicki  How many properties do you already have?  How much money do you need to make from property in the next twelve months ?  How much money do you have to get you started?  What help do you think you need?  What is your phone number? your answers to these questions to

For More Information please contact: E : E: P :