How To Become Your Own Property Developer - Part 3

In this third part of his fascinating mini-series, Liam talks about whether or not you should fill or flip the sites you develop in your property portfolio. KEY TAKEAWAYS There are a number of ways to make big profits from developments. Find the sites, fund it using your own or other people's money, and then once you've built, you can flip (sell on) and make your profit! Earning a quarter of a million pounds gives you options. You can spend it, invest it, or spend a little but invest in other assets. A great development strategy is to make the money, break it down into five deposit pots, and now you have five time £50k to buy houses you can use as HMOs or single lets.  BEST MOMENTS 'In an ideal world, you want to make £250,000 from your first development' 'I always like to do smaller sites where we can be in and out of the deals within a 12-15 month period'  VALUABLE RESOURCES The Dealmaker Podcast - https://omny.fm/shows/the-deal-maker-by-liam-ryan Assets For Life - https://assetsforlife.co.uk    ABOUT THE HOST You're listening to The Deal Maker podcast with Property Expert, Property Multi Millionaire and Joint World Record Holder Liam J. Ryan. If you want to become a master negotiator, close more property deals, become a great salesperson and live a better life then The Deal Maker podcast is for you. Liam is a property investor, business owner and Entrepreneur helping people make more money and live a happier life CONTACT METHOD Instagram - https://www.instagram.com/liamjryanwealth/ Facebook Page - https://www.facebook.com/LiamJRyan.AFL Facebook Personal - https://www.facebook.com/profile.php?id=100010124928017 Hosted on Acast. See acast.com/privacy for more information.