Who wouldn’t want a net income of potentially more than a thousand pounds per month from a property costing less than £100,000?
While some people are achieving this, it’s not as easy as you might think.
As I move into the second half of my expat auction challenge to buy a UK property at auction from my home in Hong Kong, I look for a property to achieve this objective.
I seek advice from Richard Brown of The Property Voice, Dave Goodfellow, a serviced accommodation specialist, Vicki Peers of Inside Liverpool and Jay Howard & Piotr Rusinek from the Auction Buyers Club.
I also learn the importance of checking the Title Register in the legal pack before spending too long on due diligence for a property with the potential to be turned into Serviced Accommodation or an HMO.
Director, Author and Auctions Expert
With over 10 years of experience as an established auction investor, Piotr specialises in all aspects of the transactional process via auction. He is a highly respected auctions expert and co-authored the Amazon #1 bestseller Before the Hammer Falls with Jay.
Piotr used to host one of the top London property networking events and now runs The Auction Buyers Club with Jay.
One of his best deals was when he bought a property in one auction at £212,000 and sold it 8 months later in another auction, in exactly the same condition and with the same tenants for £650,000.
Piotr is known for his ability to quickly analyse a property and he is one of the most connected and experienced professionals in the market.
Richard has over 35 years of experience as a property investor, businessperson and consultant. Over the last 12 years or so, he grew a multi-million-pound property portfolio, spanning 4 countries. More recently, also acquiring businesses worth over £4m through mergers and acquisitions, is blessed to provide for his family's current and future needs. Now, his vision is to leave a family legacy fund that supports people and social projects for generations to come.
It wasn’t always like this though! In 2008, as a divorcee, with no home of his own, in debt, with expenses higher than income and a giant hole in his pension, his starting position was not exactly the best! Through property investment, development and businesses, these challenging issues have fully turned around.
A passionate student and prolific knowledge sharer, Richard can be found through The Property Voice Podcast and website and in his Your Property Network magazine column. If that’s not enough, there are 3 Amazon Best Selling property books to add to the mix, including The Complete Guide to Property Finance.
Author / Auction Insider
With more than 18 years of experience dealing with all aspects of property sales and purchases, Jay is a trusted property expert. Jay is co-author of Amazon #1 seller Before the Hammer Falls: The Insider’s Guide to Property Auction Success, which provides you with the tools and information you need to find success at auction. Jay also used to be an Auction Manager of one the top London auction house and formed part of the judging panel for the Property Investors Awards, a testament of his respected opinion and authority within the industry.
Jay’s interest in Blacksmithing combined with graduate degrees in Psychology, Classics and Law and extensive travel to archaeological sites around the world make him a singular entity within the auction space and the property market at large.
Liverpool Property Expert.
Landlord, Property Developer and Consultant.
Investing since 2010, I have built a large portfolio of single buy to lets and now help investors to do the same.
Co-Owner at Ikonic Training Academy
🏠SA Management Portfolio
💡Founder & Mentor at @ikonictraining
🎤Daily Host @wetalkpropertyclub