Oxford November 2017 Meeting
From the ground up – Rupal Patel
MM15 Top Five performers Guy Brown and Rupal Patel started investing in 2012 with just one single let property. Over the next 5 years, they grew their business to over 17 properties, including HMOs, flat conversions, and development projects.
At this month's pin meeting, Rupal will offer key tips for anyone interested in making the leap from investor to developer and share insights on how they create inspirational and aspirational homes.
ALSO…. Champagne Interiors for Lemonade Prices – Use other people's money to buy furniture and fittings for your properties – Andrew Southwood
We all know the basics of mortgage finance for our properties. It’s good debt which increases our return on investment by using OPM (Other People’s Money).
But what about the other assets within our property businesses. Most of those depreciate so we pay cash for them.
This presentation will show you how you use other people’s money to finance others assets such as furniture and fittings, which will preserve your cash and enable you to pay for the asset out of property income.
The presentation will consider:
- What assets can be funded
- How this finance can be structured
- The benefits for property investors
- A case study
John Paul Getty once said “If I want an asset that appreciates, I buy it. If I want an asset that depreciates, I lease it”