262 - Profit Play: Using a Joint Venture Partner for £200k+ Profit
This month, we are rejoined by Jay Chauhan, an experienced investor who joined Property Entrepreneur over 10 years ago. Jay previously featured on Episode 133, where we discussed his Back to Back Leasing model which he successfully uses for cashflow, one of the strategies taught on Property Entrepreneur. There are 3 levels within the Property Entrepreneur Wealth Hierarchy: Cashflow, Profit and Assets. In this episode, we discuss a profit play which is great for generating lumps of cash for profit which can then be used to grow the assets. Jay discusses how he sourced this property in London, how he funded the purchase and the exit options he had. He partnered with another investor who provided the cash equity on top of the lending meaning Jay didn't have any of his funds in the deal. Here are the numbers: Purchase Price: £925,000 Costs: £60,000 Sale Price: £1.2m Gross Profit: £215,000 Want to contact Mark or his guests? www.thepropertybrokerage.co.uk mark@thepropertybrokerage.co.uk Jay Chauhan jay@berkshirecorporate.co.uk https://www.linkedin.com/in/jay-chauhan-property-investment-property-development-investment-opportunities-london-property?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=ios_app 💼 Want to Complete Your Wealth Management Setup, Strategy, and Structure in Just 6 Weeks? Join the Financial Fortress training, starting 10th December 2024, and discover how to secure your financial future ⏳ Limited spaces available—Secure your place now! 🔗 Link in bio! www.livingoffthesteam.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