• 220 - Financial Fortress Completed In 2 Deals: £1.25m equity + £100k pa

  • May 1 2024
  • Length: 36 mins
  • Podcast
220 - Financial Fortress Completed In 2 Deals: £1.25m equity + £100k pa cover art

220 - Financial Fortress Completed In 2 Deals: £1.25m equity + £100k pa

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  • 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 🤩 Craig Shields is a builder and a carpenter by trade and tells us his journey from working with clients to working on his own projects to build his Financial Fortress. Craig, originally from London and now based in Kent, has two business partners, both of whom are also on Property Entrepreneur. With Suzanne Elsey, a London based Interior Designer, they attended the 3 day Property Entrepreneur Blueprint event two years ago and knew on the second day that they had found their community. Craig also works with his childhood friend Alex Boyle, and they have been reinvesting their equity to grow their portfolio whilst doing contract work for cashflow and profit. Craig discusses how they acquired a commercial conversion, how they funded it using only £50,000 of their own funds and some of the issues of the conversion. Using one of the strategies taught on Property Entrepreneur, they secured a 5 year lease with minimal management and maximum profit. They were then offered another site with planning for the conversion to 9 flats within the M25. Craig discusses how they obtained site, again using little of their own money, the numbers and the exit they will use. Headline numbers : Project 1: Purchase £490,000 Build cost: £614,000 G.D.V. £1,550,000 5 year lease £96,360 pa Project 2: Purchase £1,100,000 Build cost: £900,000 G.D.V. £3,500,000 5 year lease £160,000 pa Want to contact Mark or his guests? www.thepropertybrokerage.co.uk mark@thepropertybrokerage.co.uk Craig Shields info@cs-carpentry.co.uk https://www.facebook.com/share/JEyLSbv2YhooeYRS/ Want to learn more? Want to know the ONLY 5 PROBLEMS you need to overcome to become a High Net Worth Property Entrepreneur making 6 and 7 figure annual profits? Click here now to download our FREE PDF report Daniel Hill's brand new, first-ever published book Karma Credits: The Universal Law of Wealth, Health and Happiness can be purchased on Amazon. Click here now to purchase a copy. If you’ve not already joined the 10.9k 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 unique and proven Blueprints by subscribing to The Blueprint YouTube Channel now Follow Daniel on Social: Instagram: @propertyentrepreneur_ Facebook: @PropertyEntrepreneurOfficial LinkedIn: @propertyentrepreneur
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