Go offline with the Player FM app!
How To Become Your Own Property Developer - Part 3
Manage episode 372030779 series 2293623
In this third part of his fascinating mini-series, Liam talks about whether or not you should fill or flip the sites you develop in your property portfolio.
KEY TAKEAWAYS
- There are a number of ways to make big profits from developments. Find the sites, fund it using your own or other people's money, and then once you've built, you can flip (sell on) and make your profit!
- Earning a quarter of a million pounds gives you options. You can spend it, invest it, or spend a little but invest in other assets.
- A great development strategy is to make the money, break it down into five deposit pots, and now you have five time £50k to buy houses you can use as HMOs or single lets.
BEST MOMENTS
'In an ideal world, you want to make £250,000 from your first development'
'I always like to do smaller sites where we can be in and out of the deals within a 12-15 month period'
VALUABLE RESOURCES
The Dealmaker Podcast - https://omny.fm/shows/the-deal-maker-by-liam-ryan
Assets For Life - https://assetsforlife.co.uk
ABOUT THE HOST
You're listening to The Deal Maker podcast with Property Expert, Property Multi Millionaire and Joint World Record Holder Liam J. Ryan. If you want to become a master negotiator, close more property deals, become a great salesperson and live a better life then The Deal Maker podcast is for you.
Liam is a property investor, business owner and Entrepreneur helping people make more money and live a happier life
CONTACT METHOD
Instagram - https://www.instagram.com/liamjryanwealth/
Facebook Page - https://www.facebook.com/LiamJRyan.AFL
Facebook Personal - https://www.facebook.com/profile.php?id=100010124928017
Hosted on Acast. See acast.com/privacy for more information.
109 episodes
Manage episode 372030779 series 2293623
In this third part of his fascinating mini-series, Liam talks about whether or not you should fill or flip the sites you develop in your property portfolio.
KEY TAKEAWAYS
- There are a number of ways to make big profits from developments. Find the sites, fund it using your own or other people's money, and then once you've built, you can flip (sell on) and make your profit!
- Earning a quarter of a million pounds gives you options. You can spend it, invest it, or spend a little but invest in other assets.
- A great development strategy is to make the money, break it down into five deposit pots, and now you have five time £50k to buy houses you can use as HMOs or single lets.
BEST MOMENTS
'In an ideal world, you want to make £250,000 from your first development'
'I always like to do smaller sites where we can be in and out of the deals within a 12-15 month period'
VALUABLE RESOURCES
The Dealmaker Podcast - https://omny.fm/shows/the-deal-maker-by-liam-ryan
Assets For Life - https://assetsforlife.co.uk
ABOUT THE HOST
You're listening to The Deal Maker podcast with Property Expert, Property Multi Millionaire and Joint World Record Holder Liam J. Ryan. If you want to become a master negotiator, close more property deals, become a great salesperson and live a better life then The Deal Maker podcast is for you.
Liam is a property investor, business owner and Entrepreneur helping people make more money and live a happier life
CONTACT METHOD
Instagram - https://www.instagram.com/liamjryanwealth/
Facebook Page - https://www.facebook.com/LiamJRyan.AFL
Facebook Personal - https://www.facebook.com/profile.php?id=100010124928017
Hosted on Acast. See acast.com/privacy for more information.
109 episodes
Toate episoadele
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.