Tuesday, 19 April 2022

Private Investors… What’s In It For You?

 Private Investors… What’s In It For You?

 


You might know that I help people build wealth passively, through the vehicle of property.


But have you ever wondered why people invest?

Why would people with funds want to work with me?

 

In this blog I’ll be exploring the reasons of what’s in it for them as private investors.


 


First of all, a key reason people choose to invest is that it gives them somewhere safe to invest their funds.

They realise that property is a good solid asset, and is unlikely to be stolen or magically disappear or reduce in value, like stocks, shares and other volatile online investment vehicles.

Property is a safe investment option, because it’s a tangible asset which really exists.

That’s why we have the phrase “Safe as Houses”! 🏠

 


 

Another great reason people choose to work with me is that they know it involves socially responsible investing.

They’re not putting their money into dubious activities, products or gambling - they are directly benefitting local families by providing housing.

There’s nothing more socially responsible than helping low-income families get a safe, secure home to comfortably bring their kids up in.

 


Here's another key reason that I know many people want to invest with me: it gives them the chance to help me help others.

Not only does it help provide housing for people, it helps me build my own future, and it helps them build their own wealth!

It’s nice to be nice, it gives you a good feeling inside. It is often said that we rise by lifting others, and that helping others is the secret sauce to a happy life.

I fully believe this, in fact I even wrote a blog on the subject - do have a read!

https://kellyannmartin.co.uk/2019/02/26/the-benefits-of-helping-others/




At present in Britain, there is a severe housing shortage. Every year we need an extra 300,000 homes in addition to the new ones that have been built, just to keep up with demand.

Investing with me gives you the knowledge that you’re helping create much-needed homes.

Demand vastly outstrips supply, which means your investment funds are providing a much-needed commodity.

There’ll always be a need for housing, meaning there’ll always be investment required to fund this, meaning you will be financially rewarded for the value you provide through investment funding.

 


Finally, a good draw for private investors is that they have the opportunity to make far more interest on their funds than they would by having it sat in the bank.

If you have £20,000 idly sitting in your high street bank, at current Bank of England interest rates, you are only likely to make around 25p interest per month.

Whereas if you put that £20,000 into one of my property projects, you are guaranteed a minimum of 6% per annum, which means you would receive £1200 interest per annum - which equals £100 a month in interest!

That’s a much better return than 25 pence, isn’t it?!?

How can I afford to give you such a high return?

Well, that’s because of the magic of uplifting the values of property development.

There’s always enough money in the deal to enable me to do this, and you deserve a great return for your trust in me and helping me deliver these projects.

Win-win for all!

You help me provide housing, and I help you grow your wealth passively within short periods of time.

It’s a great feeling to give someone back a large chunk of money in interest, knowing you have effectively beaten the banks!

 


 

So there we have it: a range of reasons explored as to what’s in it for private investors who choose to invest in my property project opportunities. 

If you would like to discuss becoming an investment partner to gain these benefits, do book in to have a call with me, by clicking the link below.

 https://calendly.com/kellyannmartin/phone-call?month=2022-04




πŸ’· πŸ’· πŸ’· πŸ’· πŸ’·

Monday, 21 March 2022

The Benefits of Renting to Tenants on Benefits!

 The Benefits of Renting to Tenants on Benefits!

  


You might know that I have a property rental portfolio here in Leeds.

 

What you might not know is that half of my single let rentals are occupied by tenants on benefits.

 

Now whilst benefits tenants often get a bad reputation, many low-income families are just like you and me: decent, pleasant people, that have found themselves in a certain situation.

 

Being on benefits does not mean that you are a write-off, or a bad person. It does not mean you are scum, a degenerate, a waster, or any of the other negative connotations the media try to impose on us.

 

Of course, there are some people who aren’t as savoury as we would hope, throughout all areas of life - but we cannot tar everyone with the same brush.

 

Not all benefits tenants are bad ones, in the same surprising way that not all high paid ‘professional tenants’ look after the property and pay their rent - as some of my landlord friends will vouch for! 😱

 

As with anybody, carefully check out your prospective tenants, and be convinced that they are a good choice.

 

So here’s my reasons for the benefits of renting to tenants on benefits:

 

✳️ They are usually families, looking for a long term home, which means they stay longer.

 

✳️ There are lots of them looking for housing, as the council has a severe shortage of available local housing authority accommodation.

 

✳️ Often the council will provide a deposit for them or a scheme whereby they will fix damaged items

 

✳️ You can request for the rent to be paid directly to yourself as landlord. This massively reduces the risk of rent not getting paid.

 

✳️ You are helping vulnerable families by giving them a chance to build themselves a secure lifestyle, and a steady foundation for their children to progress in the future…

 

… because that’s exactly what happened to me.

 


I’m the product of a single parent on benefits. And although we were poor, our council house was immaculate, and we tried hard to improve our situation.

 

I’m not scum, a reprobate, a degenerate, a lowlife, or any of those things.

 

I’m a good person, just like my tenants are.


I was a kid who had a good grounding to want to do better than the situation I found myself in.

 

A couple of these kids in my class are from benefits families, can you tell which? 
Of course you can't - but all kids deserve a decent start in life!

I appreciate everything, because I still remember what it means to have nothing.


And that’s exactly why I choose to rent to low income families - because I’ve been there, and know how important is it for someone to just give you a chance and believe in you.



So as there’s over 3 million people claiming housing benefit in Britain… why not consider renting to them?!?



Monday, 14 February 2022

❤️Happy Valentine’s Day! ❤️ 5 things I LOVE about property! πŸ₯°❤️

 ❤️Happy Valentine’s Day! ❤️

5 things I LOVE about property! πŸ₯°❤️
Ah, the season of LURRRRRVE! ❤️πŸ₯°πŸ˜
Today I will share with you my love of property, and why it features so highly in my affections… so here’s 5 things I love about it! 😍🏠
❤️ 1. How property is magic and transformational ❤️
You take an utter wreck of a house, give it a little love and care and tenderness (and a shedload of refurbishment money!) et voilΓ‘, it magically transforms into a lovely cute little property, all smart and tidy!
🏠❤️


❤️2. Putting families in homes ❤️
Creating a rental property means you have a home for a family to make memories in. My target audience is families, often low income people, often with children. I have housed families who have found themselves homeless and domestic violence escapees, which I find really fulfilling and a worthwhile task.
It’s never too late to live happily ever after!
πŸ‘©‍πŸ‘§‍πŸ‘¦❤️


❤️3. Giving private investors loads of interest ❤️
If you’ve had £30,000 sitting in a bank account for the last year, you will have made around £3 in interest, or roughly 25p a month on your thirty grand… big wow, eh?!? 😱😀
I love being able to give great chunks of money to private investors who have trusted me with their funds - and their generous investment returns enable them to buy way more than a cheap box of chocolates!
🍫❤️


❤️4. How property always increases in value ❤️
You know how you give something love and that love expands??
That happens to property… if you treat it nice and look after it well, it will always increase in value.
Think back to when your parents and grandparents were young lovers… and between them in the 1980s/70s/60s etc, they managed to buy themselves a whole house for a can of Coke and a king size Twix… well not quite, but you get the idea!
Those £5000 property purchases are now likely worth hundreds of thousands of pounds.
What’s not to love about increasing house value?!?
πŸ’·❤️


❤️5. How it creates passive income - you do the work once and get paid forever! ❤️
Oh passive income, shall I compare thee to a Summer’s Day?!? Thou art more lovely for allowing me to have time and life freedom to do all the things I enjoy!
But let’s be fair here: I do work hard when I need to, and in the past I have worked hard enough building my portfolio so that now I don’t have to work hard - if I don’t choose to.
Time freedom: there’s nothing I love more about property than that!
πŸ•°❤️


So there we go, fair readers: I’ve managed to spread the love about property... 😍
And don’t forget, if you’d like to know more about investing or working together, do visit my website, or follow me on all the social media platforms.
Have a lovely Valentine’s Day! ❤️πŸ’πŸ’–







Monday, 8 November 2021

PROPERTY MISTAKES I WON’T BE REPEATING

 


In my career as property developer, I’ve made some mistakes.

 

It’s good not to make mistakes to start with, or even better, learn from other people’s mistakes!

 

Here’s a selection of my biggest howlers over the years… laugh along with me… but don’t repeat these daft mistakes yourself!

 

 


One big boo-boo I won’t be repeating: putting laminate floor in rental houses!

 

I have it in my own house just now, it’s already trashed after just 18 months so will be coming out soon… so why did I think it would be hardwearing enough for tenants?!

 

The one rental house I put it in, their pets kindly seeped that laminate in urine… lovely πŸ˜–

 

So into the tip that lot went when they left, a mistake never to be repeated! 😱

 


Here’s another property mistake I won’t ever be repeating: asking for investment funding on too short a timescale!

 

A lovely investor offered to lend me money for a project, but I only asked for 2 months to bridge a gap before my refinance money came through - which in hindsight was ridiculous on my part.

 

What happened next was that my planned project got gazumped, and I couldn’t get another property acquired fast enough and time ran out.

 

But because I always do as I’ve promised I then gave the investor their money back plus their couple of grand interest as agreed - despite not even ending up with a project! 🀦🏻‍♀️

 

But… that same investor, having seen I can be trusted, went on to lend me funds for two projects.

 

And although it was an expensive lesson for me, I now know to always ask for at least a 12-month investment period for projects, just in case something goes wrong!

 

Hey ho, we live and learn from our mistakes - we just don’t do them again!!!


 

Another mistake I’ve made was not creating enough storage.

 

This wasn’t apparent at the beginning, where the kitchen units were adequate for a single mum. My logic for not adding more was they might want to use that wall and space for a dining table.

 

But fast forward a couple of years, and the family of 2 had grown to a family of 6, and they were struggling for storage space.

 

There is never enough storage, even in my own house, so we added these additional six units to the kitchen to relief the storage burden.

 

Good learning for the future!

 


Today I’ll tell you another property mistake lesson I learnt the hard way - not inspecting enough!

 

In one of my early rentals, the family just had a baby, seemed nice, so I mostly left them to it.

 

Fast forward 3 years when they moved areas, the entire house and floor coverings stunk and were ruined by the fact the tenants had accumulated SIX dogs!

 

Bear in mind, their letting agency tenancy agreement stated no pets allowed, so the agency obviously hadn’t been inspecting either… it was the neighbour afterwards who told me about their illegal half dozen dog collection!

So there you go, keep inspecting your property on a regular basis!

🐢🐢🐢🐢🐢🐢😱

 


Oh gawwwd, another property mistake not to be repeated… dodgy decor colours!

 

Now bear in mind I am no interior designer…

 

My first few houses all had what I call ‘The BMW Treatment’ - Beige Magnolia White! πŸ˜†

 

That was when magnolia boxes were the “in thing”!

 

Then I got a load of cheap paint - about 40 tins of the stuff - which was used in the next couple of houses (hey, we’re always on a budget!)

 

I loved playing the “Mix these paints and see what colour we’ll get, it’ll be reyt!”game. πŸ˜†

 

Now I am also no colour-palette-knowledgable artist…

 

So on occasions, we ended up with some very questionable colours for certain rooms.

 

A glaringly bright 1980s custardy yellow adorned one hallway.

 

But it wasn’t as bad as the hideous minty green toothpasty chaos that one bedroom ended up painted with!

 

Even I was glad when the tenant covered that up with a dinosaur mural! πŸ˜±πŸ¦–

 

Thankfully, those dodgy paints ran out, and since then, I now simply whiteout all the rooms, perhaps with one coloured feature wall on a chimney breast if we feel brave.

 

White walls and ceilings are fresh, bright and airy, and are literally a blank canvas.

 

Dodgy decor is so last season - so choose your colours wisely! πŸŽ¨πŸ–Œ

 

 


I’ve admitted before: I’m not very good at visualising things that aren’t there.

 

So when it comes to planning out where electrical sockets and switches should go, in terms of planning out where the future imaginary furniture would be in a house: mistakes, I’ve made a few!

 

Yes, I’ve had light switches put on the wrong side of the door, so it opens onto the switch instead of next to it. 🀦🏻‍♀️⚡️

 

Yes I’ve not added enough plug sockets to rooms and had to have more retrofitted afterwards. 🀦🏻‍♀️⚡️

 

The worst mistake I made was putting a switch for a hallway inside a HMO room, with the intention of converting that bit of hallway into a self-contained unit kitchen bit… until I realised that I would then be billed for two sets of council tax, so I scrapped that plan. 🀦🏻‍♀️ ⚡️

But it was too late! The electrician had followed my orders, and now that hallway -missing-switch-cos-it’s-in-that-room bit annoys me every time I see it! 🀦🏻‍♀️


If you’re not earning, you’re learning, right?!

 


 

Here’s the final property mistake I won’t be repeating, one I definitely learnt my lesson from… the first and only time I did it!

 

In my house of multiple occupancy, we were bringing a new room into use.

 

My beloved Mummio was helping, in the days before we started employing professional fitters - she’s a dab hand at laying the odd carpet in the odd room.

 

I was sent out to get a carpet for said large room.

 

Did I go for a high-quality, hard-wearing, decently thick and lovely textured carpet?

 

No: I went purely on price and got a cheap, thin, corduroy-type carpet, at a bargain price of just £39. πŸ’₯

 

And when she saw the utter cheap tat I had bought and brought back, she went absolutely nuts.

 

“Look how thin this crap is, it’s like bleeding paper, I can cut it with scissors it’s that thin. Don’t buy this sh!t again, we’re not having it.” 🀬✂️

 

And that was me duly told.

 

But of course she was right, because not only was it thin and poor quality, it wrinkled and ruffled up once on the floor.

 

So I never bought cheap crap carpets again! πŸ™„

 

That’s why we don’t buy cheap rubbish, ladies and gentlemen, it’s false economy - you get what you pay for 🀷🏻‍♀️

 

If nowt else, get better quality stuff just to save the earache and stop your mum whining!

 




Remember… nobody gets everything right first time every time. Mistakes are all part of learning, so embrace them – and learn what those mistakes teach you!