145 - Property For Nothing And The Land For Free

"Over £500k equity and £75k pa cashflow with no money left in”   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 🤩   In this episode with Property Entrepreneur, Umesh Kalra, we go through his journey from IT professional to full time property investor. He discusses attending the PE 3 day Blueprint Event last summer and his first 6 months on Property Entrepreneur.   Umesh then takes us through how he found this commercial conversion project, how he added value by changing the planning, how he funded the purchase and refurb using none of his own capital and describes the added bonus of a planning gain to the rear.   The headline numbers:   Purchase Price: £255,000 Fees: £20,000 Build costs: £350,000 Finance costs: £70,000 Total: £695,000 Valuation: £950,000   £255,000 equity plus £36,000 pa cashflow   Planning gain flats: Build and finance costs: £500,000 Estimated Gross Development Value: £1,000,000 Estimated Equity: £500,000   Potential cashflow : £47,000 pa     Our May episode of Deals Deals Deals is now live, tune in straight away to avoid missing the boat.   Success and Failure are both very predictable. Want to learn more?   Umesh Kalra – Investor / Property Entrepreneur  https://www.linkedin.com/in/umeshkalra/ https://www.instagram.com/umeshkalra7/ https://www.facebook.com/umesh.kalra1   Moneyrow Properties – HMO Portfolio Builder https://www.linkedin.com/company/moneyrow-properties/ https://www.instagram.com/moneyrowproperties/ https://www.facebook.com/MoneyrowProperties   How to build a 7 Figure Net Worth & Six Figure Income in 2023 If you want to make the shift from working in, to working on your property business with a small team, low workload and high profits, visit www.donttalktotenants.co.uk now to learn more about the tested and proven Blueprint to become a New Age Property Entrepreneur in 2023.   Daniel Hill's brand new, first-ever published book Karma Credits: The Universal Law of Wealth, Health and Happiness was released on 6th October 2022 and can be purchased on Amazon. Click here now to purchase a copy.   If you’ve not already joined the 9.8k 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 musings by subscribing on YouTube now: The Official Property Entrepreneur YouTube Channel   Follow Daniel on Social: Instagram: @propertyentrepreneur_  Facebook:  @PropertyEntrepreneurOfficial LinkedIn: @propertyentrepreneur