The good property company How to Work out a Buy and Sell Project Cost
Do you want lumps of ££cash££!
Maximise your profit?
Struggling to work out the amount of profit you’ll make from a property project?
Need help understand all the costs of running a buy-to-sell strategy?
This checklist will ensure you have a 20% minimum profit margin on all your projects, both so you make money but also so you have a safety margin for any speed bumps you may hit in property.
This means that if you are selling a Buy to Sell Project for £500k, your total costs will be £400k.
And most importantly, your profit will be £100k.
All you have to do is;
1. Find a project
2. Follow this checklist
3. If it makes your a minimum of 20% profit market
4. Buy your deal!
This checklist is designed to ensure your planned project financials stack up – make sure you think of every eventuality!
Let’s start you from how we started’
How to Make Money with Buy to Sell
Your markup for a Buy to Sell Project is a 20% mark up on all costs. So for example if your total costs are £300k, you add 20% and ensure you have a project you can sell at £360k. That means you will get £60k profit.
“The mentoring year was really helpful; it sped up my development and progress enormously. During the year I did two buy to Sell Projects – one vanilla and one with a loft conversion and I made £140k on the first two projects that year.” Jethro East.
Download this checklist and take the next steps to start making your lumps of cash!