After a decade of building an HMO portfolio in Nottingham, I made the decision to shift back to flipping properties over a year ago.
The goal? Creating capital chunks to pay off our residential mortgage (our version of financial freedom) while our existing portfolio works in the background.
Since then, people keep asking about my approach to flips - especially in the current market where developers are looking to diversify.
What I cover in today's episode:
My most recent flip? Viewings booked within 5 minutes of listing. Sold within days at asking price.
Whether you're starting out in property development or you're thinking about diversifying an established portfolio, this episode should hopefully give you the framework for flips that actually sell fast!
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
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CrimeLess: Hillbilly Heist
It’s 1996 in rural North Carolina, and an oddball crew makes history when they pull off America’s third largest cash heist. But it’s all downhill from there. Join host Johnny Knoxville as he unspools a wild and woolly tale about a group of regular ‘ol folks who risked it all for a chance at a better life. CrimeLess: Hillbilly Heist answers the question: what would you do with 17.3 million dollars? The answer includes diamond rings, mansions, velvet Elvis paintings, plus a run for the border, murder-for-hire-plots, and FBI busts.