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Recent news and updatesSocial Housing project, you can easily see that we are bringing this property back to the brick.
On this Social Housing project, you can easily see that we are bringing this property back to the brick. New electrics, new bathroom, new kitchen, actually new everything. This house was more than 100 years old. You can see the condition as it was not overly live...
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Weekend works on this 6 bed social HMO
Weekend works on this 6 bed social HMO. This is really a very large project in which we anticipate at least 8 weeks in. This property is in Carlisle which has a strong infrastructure. There is the University of Cumbria with approx 17,000 students plus various large...
read moreWe are 2 Weeks into this Social Housing Refurbishment
We are 2 Weeks into this Social Housing Refurbishment Been a busy week. We had 2 properties signed off, we conveyed on one property and we are managing the refurbishment of 4 others at the moment. At the end of August 2 more projects should be finished and we...
read moreInvesting is very tough.
Investing is very tough. In 2017 the smartest investors such as Elon Musk and Peter Thiel invested in PayPal. The share price was over 300 dollars. Today it is approx. 58 dollars. Massive loss for those investors. Compare this to one of our investors from Saudi...
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Why we work in the strategy of Social Housing?
Why we work in the strategy of Social Housing? 1. We receive multi year long leases 2. We have guaranteed rents even if the property is empty 3. All maintenance is covered unless structural 4. No management costs 5. No late pays 6. No Drama with tenants There are some...
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The difference between Social Housing and Private Renting
The difference between Social Housing and Private Renting. What a difference. This was a Facebook post I saw this morning. I am trying to work out the cost to me if a tenant stopping paying rent immediately. 2 months arrears needed for an eviction then after...
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Weekend works on this 6 bed Social HMO.
Weekend works on this 6 bed HMO. The building team is making great progress. This property was purchased on July 21. As the build team was preparing the quote their lads started the rip out. This is an efficient way to proceed. This property is in St Helens which is...
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Extreme refurbishments that we do on these social houses!!
The refurbishments that we do on these social houses are rather extreme. It is not carpet and paint. There are many builders even with their experience are taken back at the level of complexity of the refurbishments. I do chuckle when we have investors from London or...
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It is Wonderful collecting the Monthly BACS payments for Rents on Social HMOs
When doing social hmos, the part is getting the property approved by all the perspective authorities. This includes the police, the council, building regs and the housing provider. Once all have passed the property, you can sit back and receive the monthly BACS...
read moreGreat progress on this 6 bed Social HMO right outside of Manchester in St Helens.
Great progress on this 6 bed Social HMO right outside of Manchester in St Helens. This is a very desirable area plus the fact that the property is a 6 bed will have net rents of £21,840. There are no voids, no management and maintenance is covered as long as...
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