Property Investment Lecture Notes

Introduction

• Speaker: Laura Muse, Sheffield-based property investor
• Background:
  • Started investing in properties in Sheffield since 2014
  • Portfolio includes various types of properties from single buy-to-lets to build-to-rent/sell
  • Net worth of portfolio over £2 million
  • Sold over £1 million worth of property since 2014

Investment Strategy

• Investment Area:
  • Main focus on Sheffield for buy-to-lets
  • Expand to nearby areas like Rotherham, Barnsley, Chesterfield for developments
  • Self-manage properties to maintain control
• Investment Areas Categorization:
  • 'Gold Mine Areas' are favorable for investment
  • Avoid 'Bronx Areas' due to safety and tenant issues

Key Projects

First Investment Property

• Purchase Details:
  • Bought in 2018 for £69,000
  • Refurbished for £15,000, refinanced at £115,000
  • Generates £550 per month in rent
  • Long-term strategy: Buy, Refurbish, Refinance (BRR)

Latest Projects

• New 3-bed Terrace:

  • Purchase price: £105,000
  • Refurb cost: £6,000
  • Expected rent: £695/month
  • Strategy: Minimal refurb due to previous Airbnb use

• Derelict Newsagent Conversion (Hillsborough):

  • Purchase price: £60,000, build cost: £175,000
  • Revalued at £350,000
  • Generates £2,420/month from commercial units and flats

• Unicorn Project (Ecclesall Road):

  • Mixed-use property with flats and HMO rooms
  • Purchased for £848,000, valued at £1.2 million
  • Estimated £120,000 refurb cost, with expected rent increase

Investment Tactics

• Funding:
  • Utilizes none of their own money through angel investors
  • Angel investors provide fixed-term loans for a return
• Sourcing Deals:
  • Various methods including leafleting, banners, and estate agent relationships

Education & Networking

• Importance of Education:
  • Emphasized learning from experienced investors
  • Understanding of market dynamics and property management
• Building a Network:
  • Networking with other investors is crucial
  • Access to advice and support from experienced property investors

Conclusion

• Advice for Beginners:
  • Start simple with strategies that fit personal goals and lifestyle
  • Property investment is a journey; begin small and scale gradually
• Final Remarks:
  • Opportunities in property investment are abundant if one is proactive

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End of Notes

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