🚫🏡The 7 Deadly Sins of Sourcing🚩🏡 If you're considering using a sourcer/deal packager/portfolio builder, read this ⬇️ Beware of the following: 🚫 No knowledge 🚫 No experience 🚫 No geographical area 🚫 No idea on refurb costs 🚫 No compliance 🚫 No strategy 🚫 No honesty and 'staying your lane' What it looks/sounds like: 🚩 "Will we find you any property" 🚩 "We did a 3 day weekend course" 🚩 "We source the whole of the UK" 🚩 "The refurb will be £10k" 🚩 "Just sign this NDA" 🚩 "We can do every strategy" 🚩 "50% ROI GAURENTEED" We do things differently... ✅️ We know our patch ✅️ 5️⃣+ years as landlords, 3️⃣+ years of training. Deep dives/mentorships - no weekend courses ✅️ We only source Derbyshire and South Yorkshire. No exceptions. That's it. ✅️ We provide an estimate (key word there!) of refurbishment costs using our QS software and experience to provide 'steering'. Then we pass you over to one of our builders or you find your own. ✅️ We have full contracts, are certified to hand personal data and have all our registrations ✅️ We ONLY do residential BTL and HMOs. That's it. If we change and diversify on future, we'll tell you ✅️ We NEVER publish projected Yields or ROIs on social media or via email (we are property finders, not financial advisors). We dont care what others sourcers do, they are not qualified to calculate future returns. We never use the word 'gaurenteed' lightly (if at all). ...and if we don't know the answer, we'll say so! Then we'll endeavour to go find it out!! I'm sure there's more than 7! What's the worst line you've heard? Join Derbyshire and Yorkshire's most exclusive property club. We SOURCE 🎯 We SUPPORT🤝 We MANAGE 🏡 We CONNECT ❤️ DM the word VIP Company No. 15189397 TPO No.: T11460 NAPSA No.:453 HMRC Reg: XRMLO000020325 #sourcing #sins #btl #hmoinvesting #investment #propertyinvestment
Posted by James Lovell-Smith at 2025-01-18 15:21:29 UTC