Expat Property Story

1K+ Net Profit Per Month for a 100K House?

September 28, 2022 The Expat Property Guy Season 2 Episode 43
Expat Property Story
1K+ Net Profit Per Month for a 100K House?
Show Notes Chapter Markers

#43

Who wouldn’t want a net income of potentially more than a thousand pounds per month from a property costing less than £100,000?

While some people are achieving this, it’s not as easy as you might think. 

As I move into the second half of my expat auction challenge to buy a UK property at auction from my home in Hong Kong, I look for a property to achieve this objective.

I seek advice from Richard Brown of The Property Voice, Dave Goodfellow, a serviced accommodation specialist, Vicki Peers of Inside Liverpool and Jay Howard & Piotr Rusinek from the Auction Buyers Club.

I also learn the importance of checking the Title Register in the legal pack before spending too long on due diligence for a property with the potential to be turned into Serviced Accommodation or an HMO.

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Realla is a platform for renting commercial space. As promised, here is the link.
Short-term rental data analytics: AirDNA 

Previously...on Expat Auction Story
Cheap properties for SA
Arbitraging
Dave Goodfellow's 6 criteria for SA
Where to look for SA properties
AirDNA
Properties less than 100K
SA in Liverpool
Future problems with SA
A 3-bed semi in Bolton
Single private dwelling
Highlights
Exotic listener location!