INDEPENDANT WIRRAL ESTATE AGENT
Deal Sourcing
Your Choice Estates cut out any middle man to ensure you get the best returns on your investment
Our excellent team work across Merseyside and Cheshire securing property deals with high returns.
Being the estate agent we cut out any middle man enabling us to have access to the best off market deals.
We work to a strict criteria when sourcing deals below is a list of key points we factored in when looking at properties
- Amount of money that will be needed to invest
- Estimation of refurb costs
- Condition of property
- Location of property
- Estimated rent achievable
- Does the property require planning permission or licensing
Once the property has been viewed by our team we will carry out our own due diligence on the property. Knowing the area market we have a great understanding for achievable rent, comparable sold prices and estimated market value if the property needs refurbishing we will get an estimated quote from local trades to factor in to the costs.
All of our costs and expenses provided to investors are always an estimate and never guaranteed
4 Key STRATEGIES
HMO – House of Multiple Occupation
HMO – House of Multiple Occupation
HMO – House of Multiple Occupation
A FAVOURITE STRATEGY FOR ITS CASHFLOW. INSTEAD OF RENTING THE PROPERTY OUT TO ONE PERSON, IT IS RENTED OUT TO 4, 5, 6 OR MORE PEOPLE ON A ROOM BY ROOM BASIS. ALL BILLS ARE INCLUDED FOR THE TENANT AND AS SUCH THE PROPERTY WILL RENT OUT FOR A FAR HIGHER AMOUNT THAN ON A SINGLE LET BASIS. HERE YOU NEED TO FIND MORE TENANTS SO THERE IS MORE RISK, BUT IT’S JUST AS EASY TO PASSIFY AND THE REWARD IS HIGHER. 20%+ ROI, £500+ PER MONTH.
BTL – BUY TO LET
HMO – House of Multiple Occupation
HMO – House of Multiple Occupation
THIS IS THE SIMPLEST, LOWEST RISK AND EASIEST STRATEGY TO INVEST IN PROPERTY. BUY A HOUSE AND RENT IT OUT. IT MAY BE SIMPLE, IT MAY BE EASY, BUT YOU CAN STILL EARN RETURNS IN EXCESS OF 20%, BLOWING MOST INVESTMENT PRODUCTS OUT OF THE WATER. ON TOP OF THAT, THE NATURE OF PROPERTY MEANS YOU GET PAID AGAIN IN CAPITAL APPRECIATION.
BRR – BUY, REFURBISH, REFINANCE
DEVELOPMENTS AND CONVERSIONS – A MIX BETWEEN BRR/HMOs/BTLs.
DEVELOPMENTS AND CONVERSIONS – A MIX BETWEEN BRR/HMOs/BTLs.
A CREATIVE STRATEGY ALLOWING YOU TO PULL ALL OR MOST OF YOUR INITIAL CASH BACK OUT SO YOU CAN INVEST AGAIN. BUY A PROPERTY FOR BELOW MARKET VALUE (BMV), ADD VALUE TO IT BY REFURBING THE PROPERTY, THEN TAKE LENDING OUT (MORTGAGE) AT A HIGHER VALUE PAYING YOU BACK FOR YOUR PURCHASE, LEGAL FEES AND REFURB COSTS. YOU THEN RENT THE PROPERTY OUT AND GET SOME SMALL CASH FLOW BUT MASSIVE ROI. GETTING THE REFURB COMPLETED AND THE END VALUE RIGHT IS KEY HERE. 50%+ ROI, £150+ PER MONTH.
DEVELOPMENTS AND CONVERSIONS – A MIX BETWEEN BRR/HMOs/BTLs.
DEVELOPMENTS AND CONVERSIONS – A MIX BETWEEN BRR/HMOs/BTLs.
DEVELOPMENTS AND CONVERSIONS – A MIX BETWEEN BRR/HMOs/BTLs.
WHAT IF YOU COULD HAVE MASSIVE ROI AND MASSIVE CASHFLOW? WHEN YOU SCALE UP BRR YOU END UP CONVERTING OLD BUILDINGS TO FLATS OR OTHER ACCOMMODATION OR BUILDING HOUSES FROM THE GROUND UP. YOU CAN EITHER SELL AND MAKE 10S OR 100S OF THOUSANDS IN ONE DEAL OR REFINANCE AND PULL ALL, OR EVEN MORE, OF YOUR MONEY BACK OUT. THEN, BECAUSE YOU HAVE MULTIPLE UNITS, THERE IS MORE CASHFLOW. THESE DEALS VARY A LOT BUT THERE SHOULD NEVER BE ANY MONEY LEFT IN (INFINITE ROI) AND CASHFLOW CAN BE FROM £500, TO £50K PER MONTH.