145 - Property For Nothing And The Land For Free

"Over £500k equity and £75k pa cashflow with no money left in"

In this Deals, Deals, Deals Podcast Series, we go Behind the Scenes on some of the UK's most Creative, Lucrative and Award-Winning Deals 🤩

In this episode with Property Entrepreneur, Umesh Kalra, we go through his journey from IT professional to full time property investor. He discusses attending the PE 3 day Blueprint Event last summer and his first 6 months on Property Entrepreneur.

Umesh then takes us through how he found this commercial conversion project, how he added value by changing the planning, how he funded the purchase and refurb using none of his own capital and describes the added bonus of a planning gain to the rear.

The headline numbers:

Purchase Price: £255,000

Fees: £20,000

Build costs: £350,000

Finance costs: £70,000

Total: £695,000

Valuation: £950,000

£255,000 equity plus £36,000 pa cashflow

Planning gain flats:

Build and finance costs: £500,000

Estimated Gross Development Value: £1,000,000

Estimated Equity: £500,000

Potential cashflow : £47,000 pa

Our May episode of Deals Deals Deals is now live, tune in straight away to avoid missing the boat.

Success and Failure are both very predictable.

Want to learn more?

Umesh Kalra – Investor / Property Entrepreneur

https://www.linkedin.com/in/umeshkalra/

https://www.instagram.com/umeshkalra7/

https://www.facebook.com/umesh.kalra1

Moneyrow Properties – HMO Portfolio Builder

https://www.linkedin.com/company/moneyrow-properties/

https://www.instagram.com/moneyrowproperties/

https://www.facebook.com/MoneyrowProperties

How to build a 7 Figure Net Worth & Six Figure Income in 2023 If you want to make the shift from working in, to working on your property business with a small team, low workload and high profits, visit www.donttalktotenants.co.uk now to learn more about the tested and proven Blueprint to become a New Age Property Entrepreneur in 2023.

Daniel Hill's brand new, first-ever published book Karma Credits: The Universal Law of Wealth, Health and Happiness was released on 6th October 2022 and can be purchased on Amazon. Click here now to purchase a copy.

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