Peppermint Grove Property

Peppermint Grove Property 👨‍👩‍👦‍👦Property Investor Couple
🏘R2R and BRR
💷 Invest for up to 10% returns
🏴󠁧󠁢󠁷󠁬󠁳󠁿South Wales

Quote of the week!Property Investment is the simplest way to earn money whilst you sleep.It’s a long journey to be in a ...
15/09/2022

Quote of the week!

Property Investment is the simplest way to earn money whilst you sleep.

It’s a long journey to be in a position to have a portfolio that works for you… but keep at it.

We have used an architect twice now for different properties. We have learnt a lot and they differ so much. We now use a...
12/09/2022

We have used an architect twice now for different properties.

We have learnt a lot and they differ so much.

We now use architechts that we find on the local planning portals so that we know they have had success close to our property.
We also make sure the following is very clear:
- How they work
- Are site visits included?
- What scale the drawings will be in
- Prices during the process and when they will be due
- How long it will take to get schedule of works and tender drawings

Architects are great but it is so important to make sure both sides understand the process to make sure it runs smoothly.

We have done some great courses and have been given great tips and knowledge.However, with property education we definit...
10/09/2022

We have done some great courses and have been given great tips and knowledge.

However, with property education we definitely needed to rely on our gut more.

One course it took 6 months to prove our first impressions were right. Sadly, the course was recommended by a close friend so we didn't do a lot of due diligence, he turned out to be only focused on himself and will ride on any of your achievements regardless of his role to play in them.

We suggest that when meeting the so called 'experts' quiz them as they quiz you, the word expert is not backed up. Also, look and as for reviews as some are great, some even have great content but are managed so badly, so it really is worth investigating before hand.

Here is our quote of the week!Well we are getting there but gosh it is hard! This whole proccess is a lot slower than we...
08/09/2022

Here is our quote of the week!

Well we are getting there but gosh it is hard!

This whole proccess is a lot slower than we thought it could ever be.

Project Theo UpdatesWe have floors and walls!First fix is done Second fix is on the way!
06/09/2022

Project Theo Updates

We have floors and walls!

First fix is done

Second fix is on the way!

We have a great relationship with our HMO officer, we invited him round during our refurb for advice and after and he ha...
02/09/2022

We have a great relationship with our HMO officer, we invited him round during our refurb for advice and after and he has been super helpful at advising what is needed at each stage.

Yes, there are some things which are needed for the HMO licence which don't make sense to us and are added last minute which can be costly in finance, or in the end finish but it is something to just accept and get on with.

Our relationship with the HMO officer has been so helpful, when our mortgage company has requested documents about the HMO's history before we owned it, that it saved us a lot of time and stress.

development

Here are more pictures from our recent project - project Tom
31/08/2022

Here are more pictures from our recent project - project Tom

I just love a before and after!The finish we have achieved on our first HMO is so good!What do you guys think?          ...
29/08/2022

I just love a before and after!
The finish we have achieved on our first HMO is so good!
What do you guys think?

I have done the Progressive course and they were great regarding BRR strategy and what to include in a Valuation pack fo...
25/08/2022

I have done the Progressive course and they were great regarding BRR strategy and what to include in a Valuation pack for the valuer, however the refinance part was lacking or out of date due to the on going covid excuses.

In reality the refinance is a long winded process which is very much like purchasing the property again which you already own. The process is the same cost and the mortgage company need everything plus your unborn child in the speediest manner but will happily take their unspecified time to get back to you, to give an answer or to just simply release funds.

The valuation companies are fun to deal with meaning you pay a lot and get the worst service imaginable, so it took us 10 weeks to get a valuation due to a three week waiting time and the valuer cancelling on the morning of the booked in valuation twice!�
Things we learnt are you need to micro manage and chase everyone.

Do not wait until the end of the process if you are expecting more / an adequate service then you should email during the process and politely make the companies aware of how underwhelmed you are of their performance which for us did lead to a better service moving forward.

Shop around for personal guarantee services as the price differ a lot.

Do not give any time scales to refinancing as mortgage companies will always find something to slow it down.

"You have everything you need to build something far bigger than yourself" - Seth Godin.👏 We really agree with this quot...
23/08/2022

"You have everything you need to build something far bigger than yourself" - Seth Godin.👏
We really agree with this quote, we have the knowledge and the resources to push ourselves to build our dream!

Following on from our last post, here are more photos and before and afters of our refurb on my gran's house after damag...
19/08/2022

Following on from our last post, here are more photos and before and afters of our refurb on my gran's house after damage caused by fire.

It's been nearly a year since our London refurb after damage caused by fire.This is my gran's house and it is such a gre...
17/08/2022

It's been nearly a year since our London refurb after damage caused by fire.

This is my gran's house and it is such a great feeling knowing that being in this industry and Jon being a plumber and heat engineer we were able to help and manage the refurb needed to put the house back together again.

Delivering great quality bathrooms and a new heating system, plastering and decorating the hallway, staircases and a few rooms!🏡

Address

Colhugh Street
Llantwit Major
CF611RE

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