In an world where we are all striving for financial independence, property investment can offer a beacon of opportunity, an opportunity that will last a lifetime and create a legacy for your children and even your children’s children.
Imagine a world where money works for you instead of the other way around. A world where you do not need to exchange your most valuable commodity, time, for money. A world where your rental income comes in steadily each month and builds wealth. This is a world that we are creating through property investment.
Our property investment company, MJP Homes Ltd, invests in dilapidated properties in Gloucestershire, we buy properties that are ripe for renovation and turn them into high end student lets, supported living homes and serviced accommodation. This enables us to maximise our return on investment by adding value through renovation, capital appreciation on the asset and recurring monthly income through high cash flowing rental strategies. This strategy is called BRRR, buy, refurbish, refinance and rent.
This strategy enables investors to pull money back of the property in order to continue building their portfolio and to buy additional properties. The key here is ensure you are buying the right property and that you are able to add value to it. You must know you investment area and develop relationships with local estate agents so that you can fully understand the revalue that be achieved on the property.
On top of this ensure that your build costs are accurate and always allow a contingency for unforeseen works or problems that may occur. Instruct a good surveyor to ensure that you are aware of any structural issues or hidden problems like Japanese knotweed growing in the garden. And of course, instruct an experienced and reputable builder that is familiar with this type of renovation work to ensure that you do not build your renovation budget and that works are complete on time. If you have taken out bridging finance, an additional weeks could be very costly.
Having implemented this strategy for the last 7 years, we have been able to build an portfolio worth over £3m and rental income of £22k per month, before costs. We also utilise managing agents to ensure that this passive income is as hands free as possible. Our goal is to continue purchasing more properties and adding to the rental income. But the beauty is that the equity pot that also keeps building can be passed down to future generations so that they can feel the benefit of property wealth and passive rental income too.
Perhaps you have been looking for the right investment opportunity to build wealth for your family and your future generations? Property can give you the freedom to leave the 9 to 5 and experience a world where money woks for you. At MJP we offer investors the opportunity to work with us and experience the benefits of property investment without all of the hard work. We use our build team and experience to deliver our investors fantastic returns either on an annual or monthly basis. If you are ready to start building your pension pot of investing in your families future, then get in touch today.