Welcome to the pin Hull Meeting property networking event.
Hosted by Neil Brown on the 2nd Thursday of every month at the Britannia Royal Hotel. Attendees can expect first class speakers and great networking opportunities.
From ugly duckling to beautiful swan - Garfield Reece
At this month's pin meeting Garfield will share the true story about the ugly side of refurbishing an old building into a HMO (House of Multiple Occupation) and his learning on the flowerpot project
Garfield has over 30 years’ experience in the construction industry. His early skill was as a carpenter; following his apprenticeship he moved into construction engineering then project management.
He has extensive experience in commercial building, building new houses, refurbishment and concrete structures. His core skills include project management, mechanical, electrical, building engineering and commercial awareness.
In practice, Garfield has managed construction projects value ranging from £200K to £15million. Garfield attained a Construction Engineering and Management degree from Westminster University, London.Since 2014, Garfield has been investing in properties full time and has a multi-million pound portfolio.
During his presentation you will learn:
How refurbishing older can affect your cost plan
Dealing with building defects
Why it’s important to plan the location of services
How adding exceptional value can help to get all monies out
ALSO.... Champagne Interiors for Lemonade Prices - Use other people's money to buy furniture and fittings for your properties - Andrew Southwood
We all know the basics of mortgage finance for our properties. It’s good debt which increases our return on investment by using OPM (Other People’s Money).
But what about the other assets within our property businesses. Most of those depreciate so we pay cash for them.
At this month's pin meeting, Andrew will show you how you use other people’s money to finance others assets such as furniture and fittings, which will preserve your cash and enable you to pay for the asset out of property income.
Andrew's presentation will consider:
What assets can be funded
How this finance can be structured
The benefits for property investors
A case study
John Paul Getty once said “If I want an asset that appreciates, I buy it. If I want an asset that depreciates, I lease it”
