Down valuations are normally the fault of the investor over estimating the done up value of their property. Working out how much your property will be worth after you have finished the refurbishments is one of the hardest elements of investing to get right. There are so many factors to look at, properties sold recently, to what standard where they finished, what size, and so on.
Read MoreWhen the boss decides to come to Wales to source properties himself, we know we have a problem!! A good one, I mean – we need more properties!!!
Things are going a little crazy down here, so we must be doing something right. I’m not saying that certain days aren’t without their hiccups, and that things inevitably go wrong with a build, or we find something sinister when we strip a property back, or a builder gets ill, etc, etc, but those are our problems!
We factor these things in when we do our due diligence, and run the numbers on a property. We always have at least 2, probably 3 “exit’ strategies, or ways to recoup your investment within 3 years, making a profit along the way of course!
Read MoreThe team here at Source My Property have a great couple of opportunities just in. We have a great flip available in Merthyr Tydfil, Rhondda Valleys in South Wales. This has been an investment area we have been looking for good opportunities for some time. The project offers a lovely £18k potential profit!
Read MoreDear fellow property investors. The team at Source My Property are delighted to showcase our latest investment opportunities which are available for onward sourcing. Our team of agents have been out on the ground viewing, negotiating and securing quality property investments. On our available list right now we have Buy To Lets which leave no money in, a few flip opportunities, luxury serviced accommodation and even rare Lease Options.
If you are new to Source My Property just click through to the website to have a look around or you can even view our explainer video. We are delighted to have you and would like to hear from you too.
We have a number of investment grade deals available for onward sourcing to our selected clients. We have 2 Lease Options, a large flip, a commercial to residential opportunity and even a finished serviced accommodation apartment.
Read MoreIt has been a very busy week for Source My Property as we secure more top investment grade opportunities. You, as our clients, have been consistently wanting more, and we don’t blame you because if we could do all these deals ourselves, we would.
It’s a pleasure to present these opportunities to you. They will move quickly so please reserve right away and we look forward to working with you.
Read MoreAs I sat in my garden on a calm, sunny, Autumn day, taking in the view across Neath valley, I paused to take stock! This could actually become my own house! Well, my daughter’s and mine!
Earlier this year, we purchased an “Option to purchase” contract on this property. This effectively means that we can do whatever we like with it for the next 15 years. (Well, within certain constraints, obviously).
Read MoreSource My Property have been extremely busy securing excellent investments for our clients and these 6 properties are no different!
A brand new bungalow in Skewen is ready for a great £20k profit.
2 Lease Option investments are ready to be snapped up for cash flow and long term profit.
A beautiful opportunity in Ebb Vale for a flip or BTL
Also a lovely Swansea cottage forecasts a safe £15k profit
and last but not least, a fantastic 2 exit strategy property in Tonypandy!
New investment opportunities available for our clients. Please see below some brief figures and click through for more details.
Read MoreDear fellow property investors! Here are 2 new property investment opportunities available for our clients to purchase.
In order to secure a property, just click through, read all about it and then add to cart. You only pay 10% of the fee to reserve it which is fully refundable if you decide not to go ahead after completing your 1 weeks of due diligence. Happy Investing!
Read MoreThe demand for properties from our investors is huge. Is it a buyers market or are there less properties to buy at the investment grade? We think it is because are investments make sense. We have tried our absolute hardest to deliver the full investment consultancy and showcase properties which are secured and ready for purchase where the numbers just make sense.
Read MoreIt has been a very busy summer for us here at Source My Property and we have never had so many projects live at any time before. As we grow as a company our build teams are getting bigger, better and more efficient. Our sourcing team are cranking out some incredible numbers and our admin staff are following build merchant accounts like their life depends on it! The best part is we love it!
Read MoreWhat else would you want to be doing at 8.30am on a wet and windy Sunday morning, rather than sitting in your car outside a property, waiting for Wales & West engineers?
I can think of a number of things, but this just goes to show that at SMP we go the extra mile for our clients. In fairness, I didn’t have to wait long, and W & W arrived fairly promptly, and were friendly, professional, and didn’t need me to hang around.
Read MoreDear investor family and friends. It is a very busy time of year and Source My Property has been scouring the Welsh country in search if quality investment grade property purchases. We have a number of brand new deals on our portal to be reserved by investors.
Have you ever sat back and thought “what is it that successful people do that's different?” I used to think that all the time. To me, it looks like they have more time to do the things they want, more time to enjoy life. But what did they do differently to achieve that?
It seems ages since I put pen to paper (so to speak!).
I experienced an odd feeling the other day. I handed the keys to a property we have just finished the refurb on, to the agent, to have it put on the market. Nothing unusual about this, but it was one of the properties we’ve been managing on behalf of a client, that I’d been involved in from the start. I have to say, I felt a bit like a Mom (which I am), saying goodbye and good luck to a child going out into the world!! I was the last person in, having cleaned up after all the craftsmen had left, all “snags” checked, paintwork touched up, etc.
Read MoreSource My Property has secured a really great opportunity in Ferndale, Rhondda Cynon Taf. We have specifically targeted this area for the demand for rentals and the great ability to extract your investment out the back end.
We have also secured quotations with our build teams, for a real quality refurbishment which will bring the property up in value to meet some solid market comparable in the area. Below are some figures in brief.
Read MoreFor those of you who know me, you’ll know that I like things to be in order, to work in order, and preferably have a “start” and “finish” point!
But life doesn’t always work like that, does it? Sure, we’ll have projects along the way that will follow that pattern, but then there’s always the next one, or the project may need revisiting, or updating.
Read MoreWell, Halloween may be just around the corner, but there are no ghosts hiding in our next property project!!
A large crack on the outside of a property we’re looking to purchase raised a question as to the “soundness” of the basic structure. We called in engineers, and are delighted to report that all appears sound. This crack developed a long time ago, and the property has been given the “all clear”!
Read MoreWhen you wake in a good mood on a weekday morning, it can only mean one of two things surely. Either your weekends are awful (they’re not), or the week holds exciting things in store!!
I do find myself in this state of mind lately, and I can only attribute it to being part of a team who work together to deliver exciting projects to satisfied customers! Our “team” is like a large (and growing) family. It helps that my son is the driving force behind the team, but a breakfast meeting / get together highlighted that. Besides the beans on toast and the banter, matters of paint, carpets, boilers, walls coming down, were discussed, and we all left with tasks to complete and smiles on our faces.
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We are constantly working to raise the bar on our services. If you have any questions or concerns about your experience, please let us know.
Roger Tiger Burrows
+44 (0) 7595177466
roger@tigerburrows.com
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