245 - Financial Fortress Deal, £23k PA Profit, No Money Left In

245 - Financial Fortress Deal, £23k PA Profit, 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 🤩

Chris McDermott joined Property Entrepreneur last year and he and his wife, Cat have been able to leave their corporate jobs to focus on their property portfolio and their young family.

They have transitioned their portfolio from renting to working tenants to getting leases and guaranteed rents to provide better and more consistent returns.

We discuss Chris's background, his portfolio and then deep dive into this latest project: how he found the property off market, the terms agreed, the planning gain and lease whilst also adding value to the property.

The headline numbers are:

Purchase Price

£220,000

Costs (Fees, Refurb, Finance)

£95,767

Total Costs

£315,767

B&M Revaluation

£330,000

Mortgage

£247,500

Land & Rental Profits

£54,500

Cash Left In

£13,767

Annual Profit

£23,006

ROCE

167.11%

Commercial Valuation

£455,000

Mortgage

£341,250

Revised Cash Left In

-£79,983

Annual Profit

£17,381

ROCE

-21.73%

Want to contact Mark or his guests?

www.thepropertybrokerage.co.uk

mark@thepropertybrokerage.co.uk

Chris McDermott

https://www.instagram.com/n.w.living/

www.nwliving.co.uk

NW Supported Living

https://www.instagram.com/nw_supported_living/

www.nwsupportedliving.co.uk

Want to learn more?

Want to know the ONLY 5 PROBLEMS you need to overcome to become a High Net Worth Property Entrepreneur making 6 and 7 figure annual profits? Click here now to download our FREE PDF report

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

If you've not already joined the 10.9k Property Entrepreneurs for FREE in the Property Entrepreneur Facebook Group, click here to join now: The Property Entrepreneurs Community

If you're listening to this podcast but have not yet subscribed, click the subscribe button to listen to what Daniel and other industry leading guests have to say on a weekly basis on all things business, investment property and lifestyle: The Official Property Entrepreneur Podcast

Keep up to date with Daniel's unique and proven Blueprints by subscribing to The Blueprint YouTube Channel now

Follow Daniel on Social:

Instagram: @propertyentrepreneur_

Facebook: @PropertyEntrepreneurOfficial

LinkedIn: @propertyentrepreneur

Avsnitt(357)

360 - Special Edition: 50 Deals Reviewed | £30M Equity | £5M Profit | £5M Cashflow

360 - Special Edition: 50 Deals Reviewed | £30M Equity | £5M Profit | £5M Cashflow

In this milestone episode of The Blueprint Podcast, Mark Barrett is joined by Dan Hill to review the first 50 deals featured on the Deals, Deals, Deals episode series. Across these deals: £30M+ equity...

1 Maj 58min

359 - Rules & Returns Blueprint

359 - Rules & Returns Blueprint

After the huge response to our last episode—where we broke down the risks of global conflict and how to de-risk, deleverage, and diversify—this one takes it further. This is The Rules and Returns Blue...

28 Apr 19min

358 - THE WAR – Derisk, Deleverage, Diversify Blueprint

358 - THE WAR – Derisk, Deleverage, Diversify Blueprint

Tensions are rising.  Global stability is fragile.  Supply chains, capital markets, and investor confidence are shifting faster than most people are prepared for. This episode of The Blueprint Podcast...

21 Apr 21min

357 - Hall of Fame Podcast: Lyndsay Yuill – Finding Balance with a Clear Vision for Growth

357 - Hall of Fame Podcast: Lyndsay Yuill – Finding Balance with a Clear Vision for Growth

In this Hall of Fame episode of The Blueprint Podcast, Katie Harvey sits down with Lyndsay Yuill, Founder and Sales Director of Rentlocally, as she enters the Property Entrepreneur Hall of Fame having...

15 Apr 28min

356 - 12 Week Year Blueprint - What a Winter!!

356 - 12 Week Year Blueprint - What a Winter!!

In 12 weeks, I locked in and executed more than most people would hope for in a month:   1. Launched a brand new business: The Hill Family Office 2. Built the brand, business plan, website, PDPs and f...

14 Apr 22min

355 - Daniel Hill and Katie Harvey go Six Rounds!

355 - Daniel Hill and Katie Harvey go Six Rounds!

Now THIS is going to be a podcast you DO NOT want to miss!    It's time for another episode of our HUGELY popular SIX ROUNDS VIP Guest podcast!   In this episode, Property Entrepreneur of the Year 202...

7 Apr 1h 8min

354 - The Deal of The Year: 32 New Build Units Generating £1.8m Profit

354 - The Deal of The Year: 32 New Build Units Generating £1.8m Profit

In this 50th episode of the Deals Deals Deals Blueprint Podcast, our host Mark Barrett welcomes Mark Jones and Meena Kanagavel, winners of the Property Entrepreneur Advanced Deal of the Year Award, to...

1 Apr 42min

353 - Challenge - Make £1M in 90 Days!!!

353 - Challenge - Make £1M in 90 Days!!!

What if you gave yourself 90 days to create £1 million in value from a single property deal?   In this episode of The Blueprint Podcast, I break down a challenge I've set myself just for fun on a deal...

31 Mars 10min

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