Monday, 30 December 2013
Hi Property People!
I have updated my blog site, and hope it looks better than before!
I did say I would tell you my experiences with renovating my properties and having to deal with work men that do not pull their weight! It is daunting when you are a woman and have to be tough.
My first time was when a workman did not turn up to start one of my properties. I do not accept laziness! I made it clear that my property has a deadline and to be finished on time. He did not keep to his promise so I let him go.
I believe if you take someone on they have the courtesy to let me know when they can do the job and complete it. Not have me waiting in a que.
I found some-one else of course. But can I warn you to be careful as there are builders who can mess you around.
I believe in working with your builders and workmen on site and build a great working relationship.
This is my experience! There is always blips along the way with things going wrong but being able to communicate is the key and all can be fixed and work done on time.
I keep my eye on the ball!
Wednesday, 27 November 2013
Hello again all
Thank you for viewing my blogger!
This site is new and building viewer's each day, so I would like you to post comments about you its free and there is no membership. Just pure blogging.
Keep checking back as I will post more.
I have done 4 properties to date and have great tenants, so far so good!
Wednesday, 20 November 2013
Who said women can not make good landlords! Or be in the property development business!
We all know Sarah Beeny has done well and bit by bit more women are branching into property. But women can do it all on their own too. I started off on my own, so don't be afraid to try.
However I am looking at building mine up even more and there is a whole lot of options to do that. The more you build the better it does get but still a big challenge! Sometimes it can be stressful when tradesmen let you down. It does happen! It is not always easy sailing for sure.
You do have a bit of fire in your belly to deal with property and getting the property you want. Finance is the key too. You have to have money to start and it is not easy. I got my first mortgage when I was 29yrs old. I started a catering company and did very well in the first 2 years. I worked so hard but made the money.
I made a great amount of equity in my first ever property. It needed a lot of work. The market rose very fast between 2000 to 2008. I sold just before the crunch! I was very lucky. My property doubled in value.
I have done many hiring and firing but lucky to have a main team I can rely on.
I have finished my latest project and let instantly. Carpet was laid quickly and let the same week so I could not get finished pics!
I don't know if I told you but I have a local letting agent who finds my tenants and does all the checks for me.
Letting agents can be costly when dealing with maintenance and collecting rent on your behalf. But if you live abroad, that is the best path to take. They deal with everything for you.
I manage all my properties myself.
I do all decorating and tiling to reduce my costs. Or look around for handy men to do those little jobs. In your local paper there are some reasonable daily rates. For example retired handyman is great and they don't charge the earth.
Make sure soon as you buy a property insure it straight away!
How I look for the right property.
I do my homework first looking at all the best deals around and get the cheapest price.
I have in mind when I buy the property what type of kitchen I want like type of units and work tops and sinks and appliances. Also I know what bathroom I want. I think at first I look at the property and size up how I want the whole place to look.
Being you are letting out you dont want high standard for example I am looking at selling in the near future so I dont need it to be the highest. But I do want it to be modern easy kept and maintained.
When I go to sell my property the buyers may want to change things anyway so why pay out more. I look for the medium ground and easy to sell. I keep my properties bright and fresh looking, no harsh colours. Creams and beige is good. Kitchen and bathrooms sell the property the most so I focus on them the most.
I love properties and want to do as many projects as I can. If that be helping housing to private residential. So Keep checking my blog.
Ladies don't be afraid to try starting your own business. It is better to try then to regret not trying at all.
Tuesday, 8 October 2013
I have nearly finished painting my property. I have done it myself to save money. I always suggest to do some work yourself. If you can do it why pay for someone else! Plus I like the job to be done to well plus save money.
Please see my kitchen I have opened up space to create more room. Which was sepertae rooms but now a lounge and diner
When searching for my next property I look for angles and how to add value to get the best from the property asset. If that means opening the property out or has other building potentials. Also local transport and schools are so important!
Everyone loves a great kitchen and a lovely bathroom. All run down old properties look awful but once gutted and start from scratch U turn around what was a old wreck into a stylish fresh home.
Remember Ladies can do renovations just as well in property as men!!
So ladies keep checking my blog.
I'm looking to do more venture's from multi units to houses. For social housing too!
Also I have started a new sourcing business too.
Monday, 9 September 2013
Monday, 5 August 2013
Hi all and welcome back again
Hope you checked out my last post on my last property project so now I am onto my next.
Getting the best deals on building materials and bathrooms and kitchen costs! I love hunting for deals. Again I can buy a property for a low price due to work needed but a bargain and turn it around fast.
Again ripping it out to a shell and starting again. Paying the bare minimum and getting great prices on the bathroom and Kitchen. I opted again for stylish and modern and fresh for the middle market and finish. These are the before pictures. My next post will be the after pictures.
Thursday, 1 August 2013
My second project.
After I sold my last property, I went on to buy my next one with great excitement and determination to make another success. I gained a great deal of experience from the last project so I was more clued up. Like before, I had to rip and gut everything to the bare minimum as a shell and start again from scratch. As you can see from the photos, the front had just a grass garden which I laid a new driveway.
I loved every minute of the project as usual form designing everything. I spent a moderate amount of money as I was letting it out. As with all let properties and aiming for mid market I kept it medium standard with minimal fuss. Fresh, modern and with style. It was let instantly.
I am also currently looking for investors so if you're interested in investing into derelict and un-modernised conversions projects then get in touch.