201 - 10 Purchase Option Deals with £1.6m Equity and £20k pm Cashflow!!!!
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 🤩 Our guest this month is Ashley Lindsay of Rooms Together in Huddersfield who shares with us his amazing journey of having to start again from a failed business to achieving financial freedom. Ashley joined Property Entrepreneur in October 2022 and is now on our Advanced programme. We discuss how he got into property and found these properties from Out Of Town Landlord. He set up Rent to Rent (R2R) agreements, or as Ashley calls them Rent 2 Relationship deals, with the landlords with the option to buy them. Ashley shares how he created so much equity, how he added value and the challenges he faced as well as his Top Three Tips. Headline numbers: 10 HMOs with 84 rooms Purchase Options up to 5 years Purchase Price £3.6m Value on purchase: £4.3m Borrowing £2.7m Equity £1.6m Rent roll £48k pm rising to £51k after some refurbs Monthly cashflow at 6% lending £20,000 pa, £240,000 p.a. Want to contact Mark or his guests? www.thepropertybrokerage.co.uk mark@thepropertybrokerage.co.uk Ashley Lindsay 07967 615514 admin@roomstogether.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 10.8k 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