Craig is a proper Yorkshire-man, his background as a tradesman really comes in useful when renovating properties and keeping an eye on the build progress. It's hard keeping him off-site though, he loves being hands-on with his projects.
He left school with no qualifications and started working as a kitchen fitter. He bought his first house at age 19 with no money, borrowing from family, the refurb took 2 years and it turned out to give him £65,000 in profit!
Him and and business partner Martyn have 39 Rooms between them in 8 HMOs. They are financially free, just like that. Easy right? Nope, plenty of challenges on the way for these two!
Here's some top level figures for their 10 bed Commercial Conversion HMO in Yorkshire:
PP: £150,000
Cost of work: £142,000
Post-works Valuation: £400,000
Profit if sold: £112,000
Net Cash flow per month: £2,125
https://www.tej-talks.com/property
@Tej.Talks
@Yorkshire_Property_Investor
Hosted on Acast. See acast.com/privacy for more information.