10/07/2026
Last night was a late one! After crunching numbers until the early hours of this morning, we finally submitted an offer on a property this morning! ๐ก
However ... Our offer was rejected and another investor secured the deal.
Did we lose? ๐ค Absolutely not. This one deal taught us so much whilst going over the analysis! And it didn't cost us a penny in purchase price.
Here's what we learnt through analysing this deal:
๐จ The true cost of complete asbestos removal ๐คฎ ๐คฃ
โก What it actually costs to fully rewire a property to bring it up to current safety standards.
๐ Calculating over& over what percentage return we could realistically offer our investors so that it was appealing! (Hint; it's more than any bank interest will ever offer you & in a much shorter time!) ๐
After crunching the numbers, we put in a cheeky offer ยฃ30,000 below the asking price ๐
Property development isn't about looking at an asking price and deciding whether it works. It's about doing the math to see WHAT offer works for you ... Running the numbers again. And again. And again. And again.
It HAS to work for your strategy, & it HAS to work for more than 1 exit!
We didn't secure a property before the week was up, but we did secure even more knowledge.
Every deal analysed is another lesson banked. That's money saved in the future! Every "no" gets you one step closer to a "yes!" ๐
On to the next one! ๐ก ๐ ๐ช