Repurposing Your Property to Generate £6,300 Per Month

Mechanical engineer, Peter Young, was concerned about the risks to his income from being a contractor, and so he wanted to generate a more stable income from his property investing.

Peter begins by talking through his experience with UK Property Investing before gaining further valuable Property Training with Simon on the Property Mastermind.

As part of his successful year on the Property Mastermind, Peter answers the question of Is Serviced Accommodation Worth the Hassle? He showcases How to Profitable Invest in Serviced Accommodation using several Buy to Let Properties, which he has repurposed to  became highly profitable Serviced Accommodation Conversions.

A great example of how Peter utilized a Serviced Accommodation Strategy was his Central London property, which originally had an annual profit of £666 as part of its Buy to Let Figures. Now as Serviced Accommodation, he has managed to increase that to a profit of £1.6k per month, with a 89% Return On Investment (ROI).

Peter also highlights How to Become a Successful Property Investor with his 4 Bed House of Multiple Occupancy located in Portsmouth, achieving £1200 profit per month.

Find out more about Peter’s key Property Tips and Tricks such as telling everyone what you do and always having a Cash Buffer in place when building your Property Portfolio. 

Peter has successful used Rent to Rent, BRRRR, Serviced Accommodation and High End HMOs over the last 12 months whilst on the Property Mastermind.