This week we run you through the numbers on recent auction property which came to the market for £39,000 a couple of months ago. Come with us on a walk-around of this house (thankfully you can't smell it). We analyse the deal if it were to be a BRRR / Flip. The property sold under the hammer for £110,000 earlier this week, and we talk you through why the numbers on this deal didn't stack up for us.
#auction #propertyinvestment #propertyauction
For auction properties, always read the legal pack.
*This video is not financial advice.
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We are Lia and AK, and we're excited to share our journey with you as we navigate the world of property investing, business, and working together as a couple.
AK: I left my corporate job after experiencing mental and physical health issues, and we started our YouTube channel to document our journey as new property investors in 2019 with no upfront capital. Expect weekly videos where we provide project updates, share best practices, money-saving tips, and our learnings along the way.
Lia: With nearly a decade of experience building my own entertainment channel on YouTube from 0 to over 330k followers, the unpredictable nature of a content creator's monthly income took a toll on my mental health. Starting my property journey was my way of future-proofing my income and creating a stable, regular source of revenue. Ultimately, my goal is to build a secure financial foundation for our future family.
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Join us on our journey to achieve a better work-life balance through property investing. We're committed to sharing our experiences, tips, and insights to help you on your own journey.
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HOW TO ANALYSE AN AUCTION PROPERTY DEAL TO MAKE MONEY
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