Blackfriars June 2019 Meeting 

How to buy at auction, and why now is a good time to do so - David Sandeman

At this month's pin meeting David Sandeman will be focusing on how to buy at auction, and why now is a good time to do so. This is a great strategy to find some bargain priced property but you have to know what you are doing.

Many amateurs end up paying too much at auctions or even worse buying property that is in an auction because no one else wants it. During David's presentation you will learn how to avoid the classic mistakes which will save you a fortune when buying at auction. Learn from the expert!

David’s fast moving and entertaining presentation will cover the following:

•     Size and scope of the market
•     How to source the properties
•     What to look out for
•     Due diligence required
•     How to spot a bargain
•     Buying prior to auction
•     Bidding in the room
•     Unsold and withdrawn lots
•     Do’s and don’ts
•     Examples of auction deals that have gone wrong!
•     Examples of deals that have made a lot of money
•     Questions

This is going to be a very informative talk so book your place NOW!

ALSO... Next level HMOs: converting residential and commercial buildings to highly profitable co-living - Niall Scott and Matt Baker 

Scott Baker Properties was conceived in 2015 by co-founders Niall Scott & Matt Baker leading them to purchase their first buy-to-let property together. Considering the first project a success, they progressed to build a substantial portfolio of buy-to-let and now mainly HMO (House of Multiple Occupation) properties.  

Scott Baker Properties are now growing quickly in a considered manner and on-going projects include house and HMO refurbishments and the conversion of houses and commercial buildings to flats and shared properties. Scott Baker Properties aspire to be one of the UK’s leading providers of shared accommodation and co-living spaces and as such were featured in February’s edition of YPN Magazine.

In their first 3 years of property investment, they secured a combined total of 83 rental units from a standing start worth over £3.7million. The growth has been exponential as they doubled their portfolio every year. 2019 is no exception as they aim to create homes for 96 new individuals in shared living as part of their development goal dubbed: Project 96.

Niall and Matt will be talking about the growth of their business and how they now implement “Next-Level” HMO strategies to maximise profit in every deal that they do. They will also share their keys to continued growth and how accountability and Masterminding has played the most important role in their success to date.