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Coffee hour is happening in 4 days
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WhatsApp help
Hi all a couple of people have mentioned they don’t log onto Skool. It’s another thing they have to think about and I completely get that! So if you want to be reached by WhatsApp let me know and I’ll add you to the community board. It will be there as a reminder and will take you straight to posts on Skool that might interest you. For example … land deals, finance deals and get togethers.
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Welcome - introduce yourself & share a picture!
Hey all, Start as we mean to go on in this group....Keep it simple.... Where are you from? What do you do for fun? Share a picture? Or if not a picture share a hope for the next 12 months.
Faster finance appraisals
Morning all, Ai is revolutionising how we assess deals. Want a faster appraisal sent to you? Click here and try this Ai Appraisal Form
Faster finance appraisals
Residential Development Investment Opportunity
Good afternoon all, I wanted to share an opportunity relating to a residential development site we are currently securing and where we are seeking equity investment. The scheme has strong headline metrics and full supporting documentation available for review. Location: Beckenham Proposed Scheme: 15 Apartments Key Project Metrics: Gross Development Value (GDV): £7,275,000 Total Build Costs: £3,525,000 Total Land Cost (incl. acquisition): £1,980,629 Total Land & Development Cost: £5,505,629 (un-geared) Funding Structure: Total Equity Requirement: £1,000,000 • £500,000 already committed by an existing investor • Seeking £500,000 to complete the equity raise • Opportunity available to invest the full £1m by arrangement. Target debt: • 80% Loan to Cost• Approx. 75% Loan to GDV The development will be delivered through an SPV, with investors participating at shareholder level. Returns will comprise a fixed coupon on invested capital plus a share of development profits. Investment Highlights: • £7.275m GDV residential scheme • Controlled build costs and structured funding • Experienced developer with active projects currently under construction • SPV structure with defined profit participation Documentation Available: • Development appraisal • Planning documentation • Sales brochure • Schedule of accommodation • Statutory cost breakdown • Sales and marketing review • Equity investment heads of terms Further information, including the full appraisal and visits to existing development sites, can be arranged on request. If of interest, please feel free to get in touch.
Coffee Hour was a good one!
No agenda. Just a few people showing up and seeing where the conversation went. We managed to cover quite a bit of ground: Scottish cricket… if such a thing actually exists A few scar stories from property deals over the years Dodgy business partners Freehold purchases And a handful of other property rabbit holes Exactly the sort of conversation that tends to happen when people who have been around the industry for a while get together. Thanks to @Jamie Mckinnon @Martyn Pollock @Andy Dischamps @Russell Archer @Andy Everett for dropping by! These sessions are proving to be a really good way of getting to know the people behind the names in the group. If you’ve been meaning to join one, even popping in for ten minutes is worthwhile. You never quite know where the conversation might go.
Coffee Hour was a good one!
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