24 min
207 - €1m Profit Incl. €78k pa Cashflow With No Funds Left In The Blueprint Podcast
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- Entrepreneurship
In this Deals, Deals, Deals Podcast Series, we go Behind the Scenes on some of the UK’s most Creative, Lucrative and Award-Winning Deals 🤩
Our guest, Ian Bower of Building Futures, shares his journey from running a multi-million operating business to exiting to focus on multi-million pound property deals.
Ian joined Property Entrepreneur 4 years ago to find the peer group he had been looking for and joined the Property Entrepreneur Board 3 years ago.
Ian is a family man and keen runner who has inspired many on Property Entrepreneur to get into marathon running.
He has also worked with many in the community and started a business with fellow Board member Garrett Peers, investing in value-add projects in Ireland and the UK.
Last year, Building Futures acquired 14 deals of which some are with joint venture partners, helping busy entrepreneurs with ambitious plans.
In this podcast, we discuss a project which had 8 studios above a commercial unit in Dublin which they did with fellow Property Entrepreneur Billy Turriff.
Ian explains how they found this deal, the numbers and how they structured the deal with their J.V. partner as well as the funding and longer term plans.
Here are the numbers:
€812k Purchase Price
€335k Refurb
Total: €1.3m including finance costs
Remortgage Valuation: €2.24m
Equity: €940,000
Cashflow: €78,000
Total Year 1 profit: €1,018,000
Want to contact Mark or his guests?
www.thepropertybrokerage.co.uk
mark@thepropertybrokerage.co.uk
Ian Bower
ian@building-futures.co.uk
Facebook: ian.bower.75
Instagram: bowerskii
Want to learn more?
Want to know the ONLY 5 PROBLEMS you need to overcome to become a High Net Worth Property Entrepreneur making 6 and 7 figure annual profits? Click here now to download our FREE PDF report
Daniel Hill's brand new, first-ever published book Karma Credits: The Universal Law of Wealth, Health and Happiness can be purchased on Amazon. Click here now to purchase a copy.
If you’ve not already joined the 10.8k Property Entrepreneurs for FREE in the Property Entrepreneur Facebook Group, click here to join now: The Property Entrepreneurs Community
If you're listening to this podcast but have not yet subscribed, click the subscribe button to listen to what Daniel and other industry leading guests have to say on a weekly basis on all things business, investment property and lifestyle: The Official Property Entrepreneur Podcast
Keep up to date with Daniel’s unique and proven Blueprints by subscribing to The Blueprint YouTube Channel now
Follow Daniel on Social:
Instagram: @propertyentrepreneur_
Facebook: @PropertyEntrepreneurOfficial
LinkedIn: @propertyentrepreneur
In this Deals, Deals, Deals Podcast Series, we go Behind the Scenes on some of the UK’s most Creative, Lucrative and Award-Winning Deals 🤩
Our guest, Ian Bower of Building Futures, shares his journey from running a multi-million operating business to exiting to focus on multi-million pound property deals.
Ian joined Property Entrepreneur 4 years ago to find the peer group he had been looking for and joined the Property Entrepreneur Board 3 years ago.
Ian is a family man and keen runner who has inspired many on Property Entrepreneur to get into marathon running.
He has also worked with many in the community and started a business with fellow Board member Garrett Peers, investing in value-add projects in Ireland and the UK.
Last year, Building Futures acquired 14 deals of which some are with joint venture partners, helping busy entrepreneurs with ambitious plans.
In this podcast, we discuss a project which had 8 studios above a commercial unit in Dublin which they did with fellow Property Entrepreneur Billy Turriff.
Ian explains how they found this deal, the numbers and how they structured the deal with their J.V. partner as well as the funding and longer term plans.
Here are the numbers:
€812k Purchase Price
€335k Refurb
Total: €1.3m including finance costs
Remortgage Valuation: €2.24m
Equity: €940,000
Cashflow: €78,000
Total Year 1 profit: €1,018,000
Want to contact Mark or his guests?
www.thepropertybrokerage.co.uk
mark@thepropertybrokerage.co.uk
Ian Bower
ian@building-futures.co.uk
Facebook: ian.bower.75
Instagram: bowerskii
Want to learn more?
Want to know the ONLY 5 PROBLEMS you need to overcome to become a High Net Worth Property Entrepreneur making 6 and 7 figure annual profits? Click here now to download our FREE PDF report
Daniel Hill's brand new, first-ever published book Karma Credits: The Universal Law of Wealth, Health and Happiness can be purchased on Amazon. Click here now to purchase a copy.
If you’ve not already joined the 10.8k Property Entrepreneurs for FREE in the Property Entrepreneur Facebook Group, click here to join now: The Property Entrepreneurs Community
If you're listening to this podcast but have not yet subscribed, click the subscribe button to listen to what Daniel and other industry leading guests have to say on a weekly basis on all things business, investment property and lifestyle: The Official Property Entrepreneur Podcast
Keep up to date with Daniel’s unique and proven Blueprints by subscribing to The Blueprint YouTube Channel now
Follow Daniel on Social:
Instagram: @propertyentrepreneur_
Facebook: @PropertyEntrepreneurOfficial
LinkedIn: @propertyentrepreneur
24 min