JN Property

JN Property Property Investors

With demand outweighing supply, property prices are at an all time high ,๐Ÿ’ฒ๐Ÿช™๐Ÿค‘! This current trend is predicted to continu...
21/07/2021

With demand outweighing supply, property prices are at an all time high ,๐Ÿ’ฒ๐Ÿช™๐Ÿค‘! This current trend is predicted to continue according to BBC News and various other credible sources โคด๏ธโคด๏ธโคด๏ธ
The UK is well and truly in the BOOM phase of the arguably 'anecdotal' 18 year property cycle ๐Ÿ“ˆ
Homeowners, aspiring homeowners and property investors must not forget that as property prices rise, wages will likely stagnate; resulting in problems down the line ๐Ÿ‘Ž๐Ÿ˜ฐ
At JN Property we are experienced in upgrading properties and providing beautiful homes for our tenants and homeowners alike; which is why we buy any property in any condition ๐Ÿš๏ธ๐Ÿ˜๏ธ
Whether you're considering selling or investing with us, we can help you. Get in touch today!

Woodworm and Damp - not to be ignored ๐Ÿชต๐Ÿชฑ๐Ÿ’ฆWe have experienced both rising damp and penetrative damp in our projects and t...
01/06/2021

Woodworm and Damp - not to be ignored ๐Ÿชต๐Ÿชฑ๐Ÿ’ฆ
We have experienced both rising damp and penetrative damp in our projects and thankfully resolved these issues very quickly, to prevent long term damage ๐Ÿ”Ž๐Ÿ‘ท๐Ÿปโ€โ™‚๏ธโš’๏ธ
Penetrative damp is often associated with rain pe*******on ๐ŸŒง๏ธ Once rain is allowed to contact the roof timber; dry rot and wood worm can result in a collapsed roof in a very short period of time!
Rising damp (often deemed a myth) occurs when water from the ground travels up through the walls of a property. For us it occured in an older style cottage flat where there was no evidence of damp proof coursing ever being in place๐Ÿคฆ๐Ÿปโ€โ™€๏ธ we factored this into our costs and it all worked out in the end ๐Ÿ’
If in doubt, pay the specialists and don't cut corners or you could have a much bigger issue on your hands down the line ๐Ÿš๏ธ๐Ÿ˜จ

This week at JN Property we:โœ”๏ธ Covered hundreds of miles ๐Ÿš˜๐Ÿ’จโœ”๏ธ Viewed lots of interesting properties ๐Ÿš๏ธ๐Ÿš๏ธโœ”๏ธ Ran the numbe...
28/05/2021

This week at JN Property we:

โœ”๏ธ Covered hundreds of miles ๐Ÿš˜๐Ÿ’จ
โœ”๏ธ Viewed lots of interesting properties ๐Ÿš๏ธ๐Ÿš๏ธ
โœ”๏ธ Ran the numbers and put offers in ๐Ÿ”ข๐Ÿ“ž
โœ”๏ธ Helped new property investors get started in the game ๐Ÿค
โœ”๏ธ Geeked out over our new SOP ๐Ÿ’ป๐Ÿ˜œ

Carpets in the Bathroom ๐Ÿ›๐Ÿšฝ, yay or nay ๐Ÿคทโ€โ™€๏ธ?Carpet is a magnet for moisture and its by-products. Over time, not only wil...
25/05/2021

Carpets in the Bathroom ๐Ÿ›๐Ÿšฝ, yay or nay ๐Ÿคทโ€โ™€๏ธ?
Carpet is a magnet for moisture and its by-products. Over time, not only will it lead to mould ๐Ÿ’ฉ๐Ÿ˜ท and health implications ๐Ÿ—ฃ๏ธ๐Ÿซ, it could rot the subfloor underneath!
We will definitely be budgeting for some new, hygienic flooring in this refurb quote ๐Ÿ‘ƒ๐Ÿ’ฆ

Being a small family business , it was so important for us to seize every opportunity as lockdown began to ease! This we...
06/06/2020

Being a small family business , it was so important for us to seize every opportunity as lockdown began to ease! This week we:
โœ”๏ธ Learned more about the property redress scheme thanks to and
โœ”๏ธ Learned all the lastest market news ๐Ÿ˜๏ธ๐Ÿ“ˆ thanks to with Danny Inman and Michael Almond
โœ”๏ธ Started up viewings from a safe social distance ๐Ÿ˜ท
โœ”๏ธ We were brought an off market deal, only to realise as good as it was, it didn't fit in with our current strategy ๐Ÿง
โœ”๏ธ Caught up with our broker and solicitor ๐Ÿ‘จโ€๐Ÿ’ผ
โœ”๏ธ Offered on new and existing property deals๐Ÿคž

This month's copy of YPN (Your Property Network) was a very different read to previous month's; filled with tips and adv...
05/06/2020

This month's copy of YPN (Your Property Network) was a very different read to previous month's; filled with tips and advice on how to move forward during this time. โžก๏ธ๐ŸŒˆ
Our key learnings were:
1. Focus on what you can control โ˜ฎ๏ธ
2. Remain positive โ˜บ๏ธ
3. Do something creative - write a book โœ๏ธ
4. Track your stats - optimise your time โณ
5. Make your portfolio bulletproof ๐Ÿ˜๏ธ
6. Build your knowledge ๐Ÿง 

Richard Brown wrote an excellent article in YPN this month. He gave great insight into what's happening in the market an...
04/06/2020

Richard Brown wrote an excellent article in YPN this month. He gave great insight into what's happening in the market and placed emphasis on the following opportunities:
- Buy at a discount
- Respond to lockdown trends (garden/nearby outdoor space)
- Expect new funding sources to emerge!
- New or alternative commercial models will rise (assisted sales)

Thanks to the Freedom Property Network for Organising tonight's event on all things Property Redress Scheme! ๐Ÿ“–๐Ÿง
03/06/2020

Thanks to the Freedom Property Network for Organising tonight's event on all things Property Redress Scheme! ๐Ÿ“–๐Ÿง

โ„น๏ธProperty Market Updatesโ„น๏ธ- According to the Guardian, in May we experienced the biggest drop in House prices since Feb...
03/06/2020

โ„น๏ธProperty Market Updatesโ„น๏ธ

- According to the Guardian, in May we experienced the biggest drop in House prices since Feb 2009.

- Transactions in April 2020 were down 53% compared with April 2019 and;

- 12% of people are holding off another 6 months before buying.

- In a separate article they also report that Bank interest rates are at an all time low, they have even suggested that negative interest rates may happen in the future on your saving accounts!!

- However, the Negotiator reports that rental demand is up 22%, meaning there is a huge demand for rental properties.

- Anecdotal evidence from the reopening of the English Property Market suggest it has re-started strongly, stalled deals are now proceeding and deals are being agreed!

- The Insider reports that Banks are in a good position to lend given their high capital ratios.

Catching up on some reading this morning ๐Ÿ”Ž๐Ÿ“–
05/05/2020

Catching up on some reading this morning ๐Ÿ”Ž๐Ÿ“–

Thanks to Scottish Property Podcast  tonight for hosting a very insightful Zoom call with over 80 investors/agents/surve...
04/05/2020

Thanks to Scottish Property Podcast tonight for hosting a very insightful Zoom call with over 80 investors/agents/surveyors. We are very selective about who we follow as there's alot of 'noise' on social media at the moment. These guys know what they're doing when it comes to the Scottish Property Market ๐Ÿ˜๏ธ๐Ÿ’ทโœ…

At JN Property we have been extremely busy over the last few months! - Dealing with trades to resolve refurbishment issu...
03/03/2020

At JN Property we have been extremely busy over the last few months!

- Dealing with trades to resolve refurbishment issues๐Ÿ‘ท๐Ÿปโ€โ™‚๏ธโš’๏ธ
- Getting the best possible mortgage deal by going through our broker and managing our credit scores ๐Ÿ’ณ๐Ÿ’ฒ....
- Arranging for surveyors to get access to property to value it at the price we anticipate ๐Ÿ“‹๐Ÿ‘จโ€๐Ÿ’ผ
- Dealing with our property management company to make sure everything was happening as we expected it ๐Ÿค”
- Working with our solicitor ๐Ÿ‘จโ€โš–๏ธ to make sure that everything goes through smoothly...
- And most importantly paying our investor back all of their money ๐Ÿ’ท plus their interest ๐Ÿ’ธ on the exact day we agreed with them over 8 months ago!

There are a lot of plates you need to spin in property to make sure everything goes smoothly and there are a million things that can go wrong ๐Ÿคช...

For example:

ร— Trades taking a month and a half to do a job that was supposed to take 4 days! ๐Ÿ˜ก
ร— Tenants having issues that prevents you gaining access to have the property valued!
ร— People going off sick ๐Ÿคข for a week when you have a 4 week timeline to get a mortgage through to pay someone their money back!

We had to deal with all of these, and more in the last few months alone and we were still able to hit every milestone along the way ๐Ÿ’ช๐Ÿ’ฅ๐Ÿ’ฅ

How do we do this?

โœ“ Because we have been trained by professionals ๐Ÿ‘จโ€๐Ÿซ
โœ“ We have the knowledge to solve these property problems ๐Ÿ’ก...
โœ“ And we have a great team behind us that get it done even when these issues try to hold us back!๐Ÿ™Œ

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Edinburgh

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