• 262 - Profit Play: Using a Joint Venture Partner for £200k+ Profit

  • Dec 1 2024
  • Length: 26 mins
  • Podcast

262 - Profit Play: Using a Joint Venture Partner for £200k+ Profit

  • Summary

  • This month, we are rejoined by Jay Chauhan, an experienced investor who joined Property Entrepreneur over 10 years ago.

    Jay previously featured on Episode 133, where we discussed his Back to Back Leasing model which he successfully uses for cashflow, one of the strategies taught on Property Entrepreneur.

    There are 3 levels within the Property Entrepreneur Wealth Hierarchy: Cashflow, Profit and Assets. In this episode, we discuss a profit play which is great for generating lumps of cash for profit which can then be used to grow the assets.

    Jay discusses how he sourced this property in London, how he funded the purchase and the exit options he had. He partnered with another investor who provided the cash equity on top of the lending meaning Jay didn't have any of his funds in the deal.

    Here are the numbers:

    Purchase Price: £925,000

    Costs: £60,000

    Sale Price: £1.2m

    Gross Profit: £215,000

    Want to contact Mark or his guests?

    www.thepropertybrokerage.co.uk

    mark@thepropertybrokerage.co.uk

    Jay Chauhan

    jay@berkshirecorporate.co.uk

    https://www.linkedin.com/in/jay-chauhan-property-investment-property-development-investment-opportunities-london-property?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=ios_app

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    🔗 Link in bio!

    www.livingoffthesteam.co.uk

    Want to learn more?

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