Ever wondered how to grow your property empire when your pockets aren’t endlessly deep? You’re not alone! This week, we’re diving into the nitty-gritty of scaling a commercial property business, with a special focus on the financial strategies that make it possible.
Here’s what we’re unpacking in this episode:
- Our journey from residential to commercial properties 🏠➡️🏢
- Leveraging growth through value-adding renovations
- Working with private lenders 🤝💰
- Navigating the changing landscape of bank expectations and LTVs
Key Takeaways that helped us (and might help you too):
- Getting Creative with Starter Money 💡
- The Art of Patience ⏳
- Building Relationships with Financial Partners
- Finding the Right Mentor for You as an Investor🔎
- Shifting Focus to Building Income 💸
Remember, scaling in commercial property likely won’t be a smooth ride. There may be bumps along the way and unexpected detours, but the view at the end is always worth it!
Have you been through a similar journey, or was your experience completely different? Either way we’d love to hear from you – the wins, the challenges 🤦 and anything in between!
And as always, just keep swimming 🏊♂️ (even if it feels like you’re swimming upstream).
JOIN THE NETWORK If you want to learn more about investing in Commercial Property, why not consider joining the CPI Network? We’re a community of active investors who collaborate, share experiences, and empower each other in our Commercial Property endeavours.
Useful Links:
CPI Website – https://commercialpropertyinvestor.co.uk/
Our Sponsors – https://commercialpropertyinvestor.co.uk/podcast-sponsors/
See omnystudio.com/listener for privacy information.