Daniel Kennedy

Trial pit over pass off and ready to build put at Kings heath and a friendly reminder of why it was a good shout to sell the HMO! Fly tipping again!

Managed to save the cilent a couple k by rerouting gas.

Then heading over to Stead Fast Construction & Design LTD site to see how they are getting on that site progressing with speed! The house is built like a castle.

Refreshing this election seems so much more civil than last time round. Seen a lot less name calling.

Potentially I'm in an echo chamber here but the landlord groups seem to favour Reform and the builder groups. The local Facebook groups seem keen on labour not one is favouring Tory.

Selfishly in order of importance I'll be looking at who I think is best for the following issues

Reformation of the planning system, (Labour/Reform)
Labour pledge 1.5million houses has to be huge changes to deliver this. Reforms pledge to Review the Planning System.
Fast track planning and tax incentives for development of brownfield sites, including unused offices and vacant high street properties. Review system of Section 106 Developer Contributions for infrastructure such as schools and surgeries to accelerate house building. Biggest hurdle for all of us, I say this as a Landlord is high house prices its a glue that slows everything down. It can be way cheaper. Building our way out of it is the solution.

Slashing immigration to allow housing stock to catch up with demand, stop the unsustainable price growth of housing (Reform) Only party that seems be able to put together than 1.25 million a year more people means more housing is unaffordable due to demand. Coupled with to many to fast has led balkanisation of many cities. Creating isolated areas/communities that only don't share British values but actively seek to subvert them.

Promotion of new housing in green belt, (Labour)
Although they are calling it grey belt which is ugly green belt in exchange for high % affordability housing. Very pleased to read this!!

Bin the broken planning committee part of the process completely (Nil)

Growth of the economy (Labour) A new publicly-owned company, Great British Energy followed by the creation of A National Wealth Fund stick out to me the most.

Policing come down harder on crimes of violence, theft & combating extremist that subvert British values (Reform) Commence Zero Tolerance Policing Dealing and trafficking will get mandatory life imprisonment. A new offence of Substantial Possession of Drugs will meet heavy fines. Increase Stop and Search Substantially. It is a proven deterrent to knife crime.

We have a lot to be thankful for living in the UK anyone who steps up to put themselves forward for a party takes on an immense amount of stress and scrutiny. Certainly deserve a tip of the cap of respect in giving me the opportunity on choice.

I certainly never expected to be saying its 55/45 Reform/Labour mainly because of the lack of info from Reform I'm hoping they have more radical changes in planning system. Along with being a lot harsher on the deportation for Foreign Criminals. If it turns out to be a dud I might be voting labour!!! What is everyone else thoughts? I'm sure the comment section will be civil.

Went to view this 49 apartment deal. Vendor completed 17 units and rented them out. started the build on the remaining 32.

It then went into administration for a plethora of reasons.

No building regs or build warranty for the completed 17 ✅️

No AST or documents for existing tenant ✅️

New build elements not built to plans ✅️

Not connected to mains drains. ✅️

Not allowed to view inside apartment ✅️

Squatters in the garages ✅️

Main contractor went bump ✅️

Building regs not registed for new build element.✅️

All major problems that make this a tough deal however bigger the problems, the less people who are capable & in a position to buy there are.

Bit of work to do before the offer can go in! Could be the first mill I've ever owned.

Looking at this old barracks! A Sgt mess! Has planning for 33 units Its a little to small to be worth the travel distance to hold long term but could be a good build to sell opportunity. Not feeling over optimistic about it.

Still looking for estates or builds of 50 units plus! If you come across anything in the Black country & Birmingham please let me know.

Offer is going in!

Hunting for the next holiday park!

Lettable units that don't require planning ✅
Could be funded by mortgage ✅
Potential to make good use of the 10 unit Class Q PD ✅

What is nice about this one is has onsite fishing pond and caravan pitches.

https://www.bromsgroveadvertiser.co.uk/news/24371358.houndsfield-lane-plan-build-new-homes-green-belt-land-rejected/

Planning rejected!
Affordable led 50 passive houses scheme in south Birmingham! Land in between settlement and an industrial estate!

It was always an uphill battle! Really happy personally to be apart of the process and be a stake holder in the deal.

As said during the meeting: "It has been more than two years since a new major application has been consented by this authority and despite acknowledging the need to build on green belt land a five year review has yielded nothing. Continued delays are only making matters worse. 90 per cent of land in the district is Green Belt compared to a 12 per cent average across England.

Now its time to decided what shall be the next steps!

Plan to build new homes on green belt land rejected A PLAN to build a new housing estate on green belt land in Hollywood has been rejected.

Fantastic review from one of our tenants!

Without question my favourite part of the WHOLE industry is the maintenance and servicing of the tenants. So very chuffed that reviews like this land!

Went out to view this stunning hotel. Now awaiting the cap ex and books before we can try put together a package that is acceptable to the vendor.

Even has a 450 year old tree in the grounds!

Bit different in that fact we don't need to do any works to this one.

Deal sold another happy buyer!

Really thrilled to announce the latest member joining the team. A Mr Joe Osho will be taking over the Management & Maintenance arm of the business. Joining us later on in the month.

Oh my goodness one of the guests is proposing in the spa at the farm!

Must be because of the high quality finish put them in a good mood.

Lovely morning carrying out abit of landscaping at the farm!

Big farmhouse was struggling a little bit. So to help it along did abit of cold calling round construction sites.
Managed to get a £5400 for 23 day booking! By simply walking on site and offering accommodation!

Back on the market! Had my first offer rejected! Back in early 2023 Then it went SSTC so now time to reintroduce myself! Affirm my offer 🙌

Running a competition Team! Like and share this post to be in with a chance of Winning a FREE Weekend get away in the DEN!!! At our flagship Holiday Park in Blithbury! Winner will be able to selected at random for an October weekend.

Stunning Farmhouse available THIS WEEKEND!! Sleeps 12!

Fancy getting away for the weekend with the family?

Cannock Chases undulating landscape is the perfect family destination. Go deer spotting on the many crisscrossing hiking trails

Available Dates! 1st and 2nd June Prices From £400

Full Week Discounts Prices from £2,450

8th - 14th July
15th -21st July
22nd -28th July
29th July- August 4th

Direct message for more information!.

Making good on my part of learn section of earn and learn investor today.

Spent all day answering questions and showing some of the investor how a deal as big as this works. All aspect from sourcing the deal, unlocking the value along with derisking then funding it!

Without the investors none of this is possible it's no small thing for people to place their funds with you.

Networking Events!

Lots of demand for an evening Networking at the offices.

Weighing up the pros
Funnel for the course and workshops
Connections to sell deals to.
Connections to buy deals!
Income generation for the offices.

Then considering the cons. I don't actually like most people all that much. Going to shelve that idea. There are plenty of network events that are already fantastic and meet the need of most.

There we have it! Room cleaned. Ready to be occupied. Rented out for £650 to a returning long term tenant.

Pics taken ✅️
The last trade stood down from a height of 28 ✅️
Tea stations added into 4 rooms ✅️
studio added to 5 ✅️
1 room created ✅️

Total spent cira 60k
increasing rental of £2700pm or £32,700 pa

Giving a solid Increase in equity, cashflow, along with drastic reduction in management.

This might not make for a great Instagram pic but what you are looking at is the most durable best performer ensuite room.
Plain durable and more importantly this will age incredibly well. Low maintenance and easy to repair.

Plan is to now pay outstanding bills.
Refinance portfolio to pay off ALL investor debt & forward fund next 3 build outs investor free!
Purchase phase 2 Cornwall.
Get planning on the farm and Cornwall Phase 3

Coming to learn improving existing stock gives the highest ROI in terms of cashflow by quite a large margin. It couldn't come at a better time I have most of the portfolio on a floating rate of between 8% and 11% had to wait for the last one to come of fixed before I could join them all together on a portfolio loan.

Offer is in on another one! However this is now SSTC ill still send my offer pack in just is case it fall through.

If you know of any deals Farms or Manors houses offers will be based of 20% dev profit. Happy to pay handsome fees sourcing for the right deal!

Reason why I am sharing so much is to give an indication of how many offers I make to just get 1 deal. I bit a little bit when one of the lads(trades called me lucky) I understand how a mind might come to that conclusion.

The last 3 years I have been making roughly 10 offers a month that has only resulted in 5 offers being accepted since I set out to get a farm 3 years ago! You can look back at the time line of this page of when I started. It was just a matter of time.

Have had 4 deals fall through. That resulted in one deal. There was not an ounce of luck involved. This is the reality of it. To be fair it could be argued that I am pretty terrible at this as my success rate is so flipping low especially compared Mr 'You are wrong about what inflation will do rates' Lawrence that is why I jumped at the chance to steal his method by jointly running sourcing courses only to painfully learn its all done online. 😭 A real weakness of mine.

Consistent action and the follow up. I even have some close friends portfolios in my pipeline and offer to buy every few weeks.

Guess the price! Of the refurb? Appliances included!

Latest deal sourced and refurbished in partnership with Simon Frewin when I say partnership I pestered for photo of all the work simon did so that counts right?

This is a deal sourced off the back off Simons work using strategies he learnt from us! He then opted to sell the deal using our network we had it sold within the hour! He has made 8 thousand pound sourcing in partnership with us and much more building his own list. If you are interested in knowing how you could also learn we are running a course end of June!

B15 Birmingham City Centre deal

PP 125k rental 900pm
MV 140k
No work needed
Long Lease - Until 2168 (145 years approx)
Ground rent - Peppercorn
Service Charge - £1,916 p.a

Reason for sale is a buyer kicking the can recent value at 140k

DM for more info

SOLD

Final room ready to let over at jiggins lane

Available for Rent to Rent

Now onto the next one!! Viewing booked!

Offer pack is in for Ismere hall! That is another one added to the pipeline.

With sites of this nature I send over a pack vs an email that has everything, all my numbers my projected profit, where my costs lie along with my past experience.

Reason is if ever the vendor is to trust us and give us the creative option then we need to afford them the same level of trust. By sharing the numbers they get a clear reason why we offered what we did.

Takes me about a month of DD to put together a solid offer as we need to be sure of everything.

A couple of people have asked as I regularly speak about who to avoid what teachers do you recommend!

I certainly have a list!

For all things Development
www.developmentadvisoryhub.com
https://www.whiteboxps.com.

Sourcing and doing creative deals
https://propertymatchmaker.uk/sourcing-solved/ Adam Lawrence Nick and me!

Learning about Construction
https://www.constructiontrainingacademy.com

Property Mentoring
Raj Sharma

But!!!! Before you do ANY training go to a Partners In Property network meeting
https://partners-property.com/ speak to people get the lay of land.

Although I'm involved heavily in all areas above, the reason I don't offer a full mentoring service is that it just far more profitable longer term to do bigger deals. Although it's harder to do vs selling courses. Longer term there is no comparison.

Under most adverts from Touchstone, Paul, Abbi, and the ginger one you will find disparaging comments from me. Reminding them/informing any potential clients that they have yet to make good on doing investors out of 450k on a commercial deal... yes you know the strategy they preach about being such a sure thing if you buy their course.

Could be argued that I'm a hater and wasting my time? Any one in the property teaching industry self aggrandising themselves should rightly come under increased scrutiny myself included!
Saving anyone from signing up to the shafters courses is time very well spent.

Paul Smith Wealth glad to have prevented you getting another sale!

Huge thanks to Mike for coming out and upgrading our final house with a internet mesh system!!

Over the last 3 years we have been upgrading our service that we provide to the tenants across the portfolio as the TP link boosters we just ok not great. Now all our tenants have super fast Internet across the whole site.

If you have a hmo in the Birmingham and black country area give Mike a bell on 07876347421. To sort any of your internet issues

I run a 12 bed 14 person hmo with just the 45 pound virgin package which is the lowest offering they do and it runs like a dream.