key focus 2:
Glasgow: this is another area I have initiated study and built my network. I found this is an easy area to start because of the relatively smaller budget. It is also fortunate that I have been able to meet someone helpful and there is an opportunity for us to work together. My proposal was like this: I currently do not have the level of deposit that enables me to start. However, I don't have any mortgage on me and with my current income level. I think I m more than legible to apply a mortgage successfully. If my working partner could gather the payment then I will be the bearer of the mortgage. We would agree that we will not be selling the property within a period of 5 years. To do that, it would be a win-win situation. My partner won't be able to make a mortgage but he has the fund. We both complement one another. I would be able to show my first portfolio to my potential partners, the expenses, the return, the work, the management fee....everything. I would be convincing enough to attract more funds and get the business started. So this first project is so important to me. If you have any comments regarding my thoughts. Please comment on our blog. I will be waiting for your comments! |
AuthorA Hong Kong entrepreneur who started multiple businesses in his career, finally lands himself in property business, documenting how he started and hope those who aspire a different life can benefit. Archives
September 2017
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