DIARY OF A PROPERTY INVESTOR – DAY 3

Day 3

I have two investors who I work with. We work as partners. So we own properties 50/50. They put in the finance and my team do all the work. Why does that work for them you may ask?  Because they live in London in one case and Germany in the other and have no interest in taking the time and effort required to invest in what for them is such a remote location. However, they can see the advantages of investing in the North West particularly the yields and by partnering with someone on the spot can benefit from their knowledge, expertise and hands on involvement. They also know that I have an existing successful track record but that their finance enables me to bypass commercial lenders and move quickly to secure the many deals available. In addition, all money they invest is in the form of a loan and a day will come when their loan is released and they have a 50% share of their portfolio and no money in

I have a skype call with my German Investor. He is wanting to put more funds in to our Company.  He wants to try and focus on larger deals such as small blocks of flats. I agree to have a look for something suitable.

I have a look at some possible opportunities and see a company advertising a portfolio of properties in Manchester that looks interesting. I give them a call to get the details.