greg ashall

Established Member
  • Content count

    13
  • Joined

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About greg ashall

  • Rank
    Established member
  • Birthday 02/21/1994

Profile Information

  • Location
    Merseyside
  • Areas I invest in
    North West
  • About me
    Age: 22
    I am still new to property and absorbing as much as i can each day. Looking to add to my existing BTL in 2017.
  • Property investment interests
    Buy and Hold
  • My goals
    To have property portfolio that allows me to pursue FI

Recent Profile Visitors

57 profile views
  1. Hi, My dream is to working within commercial law. Since leaving school it has been my ambition to work for a big firm and secure a training contract. To give some background on myself I studied a law degree at Durham University in which I got a 2:1. Since graduating I have worked for the Home Office as a civil servant. I have enrolled to complete my masters degree in EU Law, focussing on Competition and markets, at Amsterdam University this September. I am passionate to keep developing myself until I have achieved my goals. Aside from my day job I am enlisted in the local community centre to help people with knowledge with their electronics/computer applications. Last year I got over the first huddle at Addleshaw Goddard but unfortunately did not get past the telephone interview. I feel this year I am in better place but lack a network in this environment that can give me more direction and really tailor my skills to company values. I believe in giving back so any support/advice I can get then I promise to utilise my skills to help you were possible. Any help would be greatly appreciated Thanks
  2. Hi Simon, 1) I am quite local to Liverpool so i'll give you my views... 2) Some of the properties are not in desirable areas and combined with other risks (Tenant profile/neighbourhood crime/saturated market/poor fundamentals/re-sale/voids/) 3) I have personally looked as i considered Airbnb on the outskirts for the football/city trips. I decided against it due to it being really hands on and the uncertainty. With this being said it is still possible to pick one of these properties up and get some really good tenants and make a solid cashflow each month. It of course is just Risk vs Reward
  3. Hi David, I would check the following to size up if it is actually BMV.. - Check the Land Registry prices on recent sales on indentical units. - Check on Rightmove the properties for sale and include Under Offer, Sold STC... - Check current condition (Take a tradesman with you and cost up any work needed) - Survey will confirm/dismiss your valuation. What you deem BMV is your discretion but i would say aim for 20% minimum Thanks Greg Ashall
  4. Hi, I though i would put the feelers out and connect with local investors and see how we are faring. If like me you could talk property all day but struggle to find someone as enthusiastic then drop me a email/message. Thanks Greg Ashall greg_ashall@yahoo.com
  5. Hi MTY, I second what Andre says and would just add emphasis on working out what your short/long term goals and how these look. Once you have have work back and build a strategy that will you get you there. Take your time and absorb as much knowledge as you can (Books/Podcasts/Journals) Thanks Greg Ashall greg_ashall@yahoo.com
  6. Hi Mark, I currently have property in St Helens and would be interested in your HMO market if thats okay? Okay if i drop you an email? Thanks
  7. Hi Alex, Good to to see you taking the leap into the world of BTL... Need more specifics on this to really be of any assistance to you. How much is your deposit? Are looking you looking for something hands off? How risk-averse are you? Thanks Greg
  8. HI Darran, I would be interested in picking you brains on Sunderland if that is okay? Good to see you are starting out on your journey - exciting times! Happy to have a chat if you want mate Thanks
  9. Hi All, Thought i would put myself out there and made a point of starting to network! I am a massive property nerd and could sit and drink gin and talk about it all day. I am 22 and my interest from property came from a young age after seeing my parents managing there own portfolio and how it has helped them in life. I currently have 1 BTL property (Capital+Interest) and hope to have number 2 completed by March/April. With my first 2 properties the strategy i have is to re-invest the money that these make and get the mortgage balances down. I appreciate that the philosphy is very much dont keep putting your money into current rentals and use it to help build the portfolio which makes sense! However with tax changes that are coming my aim is to have these mortgages on the better deals which seems to be 60% LTV and minimise interest. Also the properties will be tenanted by family/historic family tenants so i feel that overall its a solid foundation I understand Capital+Interest goes against the grain and as far as cashflow goes then this is a big NO NO. However the way i currently look at my strategy is that using aggresive savings and re-investment i can keep growing and hopefully in a safer place when the govement produces the next assault. Although my approach seems conservative i am quite happy to vary my approach if it bears fruitful! I benefit from still living with parents and use this to my advantage when it comes to saving! Look foward to speaking to you all! Dont let this be the 1 in 1000 introduce yourself posts that disappears on to page 2 after a day ! Greg
  10. Hi Chalky, I am in the same position as you! So eager to get the deposit and dive in! I currently have 1 BTL and looking to move on to the second and if you are anything like me you want everything yesterday :') ! I would suggest setitng up an Excel Sheet with your Income/Expenditure/Goals/Savings Targets. It makes you feel like you have progress and can see yourself reach your goals each step of the way which keeps me going. Also it highlights exactly what your money is being spent on and what expenditure you may be able to reduce. Regarding additonal income in the current cilimate you might have a job on your hands but if you have the time then look at what skills you have and how you could use them to earn some extra income. (http://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0ahUKEwico8SQ84XRAhVMI8AKHYlDD7UQFggjMAA&url=http%3A%2F%2Fwww.madfientist.com%2Fside-hustle-nation-interview%2F&usg=AFQjCNE6SN0yLXJCT41q_WePRV65kSbPrg&bvm=bv.142059868,d.d24) Stay motivated and get as much knowledge as possible now why you dont have the distraction of a portfolio. Good Luck Greg
  11. Hi Darek, I pretty much second what Mark has said certainly looks a good way to start. Get a good team behind you before diving in! Good luck Greg
  12. Hi Arif, Are you local to Liverpool? Lots of these developments going up around Liverpool at the moment so i think a problem you might have is the student pod market becoming saturated. Not really a get out clause with the pods either. I have mixed views on " 5 Year rental Guarantees" and generally if they can offer you that type of service then you are paying for it somewhere else. Not sure if this was the answer you was hoping for but hopefully gives you food for thought. If you need any help or would like a chat feel free to contact Good Luck Greg