In this episode Jerry and Mark Winship revisit The Madison Apart-hotel project to catch up on how it is performing and how the all important revaluation played out for the refinance. 

On episode 117 Mark could only give us a couple of details on his next project which is discussed more extensively this time around. 

Plus there is one more project coming up which came about from a conversation at one of the CPI-network in person events.



JOIN THE NETWORK

If you want to learn more about investing in Commercial Property why not consider joining the CPI Network? A community of active investors who collaborate, share experiences and empower each other in their Commercial Property endeavours.

Useful Links:

CPI Website - https://commercialpropertyinvestor.co.uk/
Our Sponsors -  https://commercialpropertyinvestor.co.uk/podcast-sponsors/

Join the Commercial Property Investor Facebook Group: https://bit.ly/CP-Group

Instagram: https://www.instagram.com/jerryalexander.commercial/

Facebook: https://www.facebook.com/commercialpropertyinvestor/

LinkedIn: https://www.linkedin.com/in/jerryalexander/

Website: https://www.commercialpropertyinvestor.co.uk/

In this episode Jerry and Mark Winship revisit The Madison Apart-hotel project to catch up on how it is performing and how the all important revaluation played out for the refinance. 
On episode 117 Mark could only give us a couple of details on his next project which is discussed more extensively this time around. 
Plus there is one more project coming up which came about from a conversation at one of the CPI-network in person events.
 
JOIN THE NETWORK
If you want to learn more about investing in Commercial Property why not consider joining the CPI Network? A community of active investors who collaborate, share experiences and empower each other in their Commercial Property endeavours.
Useful Links:
CPI Website - <a href="https://commercialpropertyinvestor.co.uk/" data-saferedirecturl="https://www.google.com/url?q=https://commercialpropertyinvestor.co.uk/&amp;source=gmail&amp;ust=1710415536291000&amp;usg=AOvVaw3PdLYxcnk6n_fQIdOKdPVw">https://commercialpropertyinvestor.co.uk/</a> Our Sponsors -  <a href="https://commercialpropertyinvestor.co.uk/podcast-sponsors/" data-saferedirecturl="https://www.google.com/url?q=https://commercialpropertyinvestor.co.uk/podcast-sponsors/&amp;source=gmail&amp;ust=1710415536291000&amp;usg=AOvVaw1G5DEN8BXQT2mMigAh3BLj">https://commercialpropertyinvestor.co.uk/podcast-sponsors/</a>
Join the Commercial Property Investor Facebook Group: <a href="https://bit.ly/CP-Group">https://bit.ly/CP-Group</a>
Instagram: <a href="https://www.instagram.com/jerryalexander.commercial/">https://www.instagram.com/jerryalexander.commercial/</a>
Facebook: <a href="https://www.facebook.com/commercialpropertyinvestor/">https://www.facebook.com/commercialpropertyinvestor/</a>
LinkedIn: <a href="https://www.linkedin.com/in/jerryalexander/">https://www.linkedin.com/in/jerryalexander/</a>
Website: <a href="https://www.commercialpropertyinvestor.co.uk/">https://www.commercialpropertyinvestor.co.uk/</a>

The Commercial Property Investor Podcast hosted by Jerry Alexander. No nonsense discussion and insight into entering the exciting world of commercial real estate investment.

Keeping you up to date through Interviews and conversations relating to many Commercial Property strategies including:

Flexspace, Aparthotel, CMO & Multilet property, Commercial to Residential conversion, Retail, Office space, industrial and Self storage. 

The Commercial Property Investor Podcast hosted by Jerry Alexander. No nonsense discussion and insight into entering the exciting world of commercial real estate investment.
Keeping you up to date through Interviews and conversations relating to many Commercial Property strategies including:
Flexspace, Aparthotel, CMO &amp; Multilet property, Commercial to Residential conversion, Retail, Office space, industrial and Self storage.

Commercial Property Investor Podcast

The Commercial Property Investor Podcast hosted by Jerry Alexander. No nonsense discussion and insight into entering the exciting world of commercial real estate investment.





Best Commercial Property podcast, Investment, Investing,, Real Estate, Strategies, CMO, Lease, Contracts, Licence Agreement, Tenants, Cash flow, Vacancy rates, Agents, Valuations, ROI, residential, assets, Flexspace, office space, How to get started

The Commercial Property Investor Podcast hosted by Jerry Alexander. No nonsense discussion and insight into entering the exciting world of commercial real estate investment.
 
 
Best Commercial Property podcast, Investment, Investing,, Real Estate, Strategies, CMO, Lease, Contracts, Licence Agreement, Tenants, Cash flow, Vacancy rates, Agents, Valuations, ROI, residential, assets, Flexspace, office space, How to get started

The bookings have been strong and the revaluation & refinance are complete.

The Madison Apart-hotel update from Mark Winship

I look into the question of whether one should go full-time in property investment. I have seen this question a few times lately and it is not about "should i quit my job", but rather should I ever go full time in property even if I have the income to do so. Drawing from personal experience and observations, I talk about the different perspectives on this topic, emphasizing the importance of understanding one's goals and circumstances before making such a decision. I'll share my own journey of transitioning to full-time property investment, the potential challenges and benefits of doing so, and the considerations regarding income, experience, and opportunities in the property industry. 

KEY TAKEAWAYS
Going full-time in property should be a decision based on individual circumstances, including financial stability and long-term goals.
It is essential to have a clear understanding of one's financial situation and goals before transitioning to full-time property investment.
Balancing day-to-day income with long-term investment growth can be achieved through a dual strategy approach.
Seeking advice and gaining experience in the property industry is crucial, especially for individuals with significant income from other sources.
Collaboration and support from individuals with diverse backgrounds and experiences can be beneficial in navigating the commercial property investment landscape.

BEST MOMENTS

"I've come across one or two podcasts and commentators saying that you should not be full-time in property, ever. And it made me think..."

"Full-time is the end goal and the starting point all in one. They want to be free from a boss or another business with the annoying customers and challenges it brings."

"For a lot of people, getting started in residential, they're sold, this is the outcome you're after. Get yourself free."

"The big difference for me was that I could choose to work in the business rather than invest from the outside of the business."

"It's just really important to understand where you're at and where those gaps are and try and fill them."

JOIN THE NETWORK

If you want to learn more about investing in Commercial Property why not consider joining the CPI Network? A community of active investors who collaborate, share experiences and empower each other in their Commercial Property endeavors.

Useful Links:

CPI Website - https://commercialpropertyinvestor.co.uk/

Our Sponsors -  https://commercialpropertyinvestor.co.uk/podcast-sponsors/

I look into the question of whether one should go full-time in property investment. I have seen this question a few times lately and it is not about "should i quit my job", but rather should I ever go full time in property even if I have the income to do so. Drawing from personal experience and observations, I talk about the different perspectives on this topic, emphasizing the importance of understanding one's goals and circumstances before making such a decision. I'll share my own journey of transitioning to full-time property investment, the potential challenges and benefits of doing so, and the considerations regarding income, experience, and opportunities in the property industry. 
KEY TAKEAWAYS
<ul>
<li>Going full-time in property should be a decision based on individual circumstances, including financial stability and long-term goals.</li>
<li>It is essential to have a clear understanding of one's financial situation and goals before transitioning to full-time property investment.</li>
<li>Balancing day-to-day income with long-term investment growth can be achieved through a dual strategy approach.</li>
<li>Seeking advice and gaining experience in the property industry is crucial, especially for individuals with significant income from other sources.</li>
<li>Collaboration and support from individuals with diverse backgrounds and experiences can be beneficial in navigating the commercial property investment landscape.</li>
</ul>
BEST MOMENTS
"I've come across one or two podcasts and commentators saying that you should not be full-time in property, ever. And it made me think..."
"Full-time is the end goal and the starting point all in one. They want to be free from a boss or another business with the annoying customers and challenges it brings."
"For a lot of people, getting started in residential, they're sold, this is the outcome you're after. Get yourself free."
"The big difference for me was that I could choose to work in the business rather than invest from the outside of the business."
"It's just really important to understand where you're at and where those gaps are and try and fill them."
JOIN THE NETWORK
If you want to learn more about investing in Commercial Property why not consider joining the CPI Network? A community of active investors who collaborate, share experiences and empower each other in their Commercial Property endeavors.
Useful Links:
CPI Website - <a href="https://commercialpropertyinvestor.co.uk/">https://commercialpropertyinvestor.co.uk/</a>
Our Sponsors -  <a href="https://commercialpropertyinvestor.co.uk/">https://commercialpropertyinvestor.co.uk/podcast-sponsors/</a>

Should I Ever Go Full Time In Property?

This time, I share the top five business expenses of running a multilet commercial flexspace portfolio, incurred by our business over the past financial year. I'll provide you with a detailed breakdown of costs, including energy, staffing, interest payments, maintenance, and cleaning.

Through a comparison with the previous year, I highlight the significant increases in energy costs due to price increases and also touch on strategies for managing costs, projections for the upcoming year, and the impact of various factors on the business's financial performance. 

KEY TAKEAWAYS


The top five expenses for the business were energy, staffing, interest payments, maintenance, and cleaning.


Energy costs saw a significant increase from the previous year, with wood pellets and electric expenses notably higher.


Staffing costs remained relatively stable, while interest payments saw a substantial increase.


Maintenance costs included both regular maintenance and improvements to the properties.


Cleaning expenses are surprisingly high, with additional costs for waste management.

BEST MOMENTS

"Energy didn't used to be our most expensive part of our business, but it is now and has been last year."

"I can't believe how much money we spend on cleaning."

"Our turnover is increasing. It's not quite where we've projected, but hopefully we're going to get somewhere near that."

VALUABLE RESOURCES

JOIN THE NETWORK

If you want to learn more about investing in Commercial Property why not consider joining the CPI Network? A community of active investors who collaborate, share experiences and empower each other in their Commercial Property endeavours.

Useful Links:

CPI Website - https://commercialpropertyinvestor.co.uk/

Our Sponsors -  https://commercialpropertyinvestor.co.uk/podcast-sponsors/

This time, I share the top five business expenses of running a multilet commercial flexspace portfolio, incurred by our business over the past financial year. I'll provide you with a detailed breakdown of costs, including energy, staffing, interest payments, maintenance, and cleaning.
Through a comparison with the previous year, I highlight the significant increases in energy costs due to price increases and also touch on strategies for managing costs, projections for the upcoming year, and the impact of various factors on the business's financial performance. 
KEY TAKEAWAYS
<ul>
<li>
The top five expenses for the business were energy, staffing, interest payments, maintenance, and cleaning.
</li>
<li>
Energy costs saw a significant increase from the previous year, with wood pellets and electric expenses notably higher.
</li>
<li>
Staffing costs remained relatively stable, while interest payments saw a substantial increase.
</li>
<li>
Maintenance costs included both regular maintenance and improvements to the properties.
</li>
<li>
Cleaning expenses are surprisingly high, with additional costs for waste management.
</li>
</ul>
BEST MOMENTS
"Energy didn't used to be our most expensive part of our business, but it is now and has been last year."
"I can't believe how much money we spend on cleaning."
"Our turnover is increasing. It's not quite where we've projected, but hopefully we're going to get somewhere near that."
VALUABLE RESOURCES
JOIN THE NETWORK
If you want to learn more about investing in Commercial Property why not consider joining the CPI Network? A community of active investors who collaborate, share experiences and empower each other in their Commercial Property endeavours.
Useful Links:
CPI Website - <a href="https://commercialpropertyinvestor.co.uk/">https://commercialpropertyinvestor.co.uk/</a>
Our Sponsors -  <a href="https://commercialpropertyinvestor.co.uk/">https://commercialpropertyinvestor.co.uk/podcast-sponsors/</a>

What Are Our Top Five Biggest Commercial Property Annual Expenses?

I welcome back Bryn Walker, who on his return to the podcast is focusing on Small Self-Administered Scheme (SSAS) pensions and their intersection with commercial property investments.

Bryn, an experienced SSAS advisor, shares insights on the flexibility and advantages of SSAS pensions for entrepreneurs. The discussion delves into topics such as the application process with HMRC, the potential pitfalls of pension scams, considerations for lending money from a SSAS, and the minimum financial requirements for setting up a SSAS. 

KEY TAKEAWAYS
 A SSAS pension offers flexibility for SME owners to invest in various assets beyond traditional pension options.
Bryn is launching a new SSAS administration company called SSAS UK in May.
Lending money back to the sponsoring employer in a SSAS comes with strict rules and considerations, such as security and interest rates.
Lending money to third parties in a SSAS is seen as an investment and requires thorough due diligence and trust.
The decision to set up a SSAS should be based on whether the investment justifies the annual running cost, rather than a specific minimum amount.

BEST MOMENTS

"I tend to find directors of small limited companies have requirements that are over and above normal because they're entrepreneurs and they tend to look for a more interesting type of pension arrangement." 

"Anything that's put in place to reduce the likelihood of a pension scam, I would have to favour."

"Everybody's circumstances are separate and different, and the way that SSAS works is complicated, and there's lots of, that lovely word, nuances, and you really need to get full and proper advice based around your circumstances." 

JOIN THE NETWORK

If you want to learn more about investing in Commercial Property why not consider joining the CPI Network? A community of active investors who collaborate, share experiences and empower each other in their Commercial Property endeavours.

Useful Links:

CPI Website - https://commercialpropertyinvestor.co.uk/

Our Sponsors -  https://commercialpropertyinvestor.co.uk/podcast-sponsors/

I welcome back Bryn Walker, who on his return to the podcast is focusing on Small Self-Administered Scheme (SSAS) pensions and their intersection with commercial property investments.
Bryn, an experienced SSAS advisor, shares insights on the flexibility and advantages of SSAS pensions for entrepreneurs. The discussion delves into topics such as the application process with HMRC, the potential pitfalls of pension scams, considerations for lending money from a SSAS, and the minimum financial requirements for setting up a SSAS. 
KEY TAKEAWAYS
<ul>
<li> A SSAS pension offers flexibility for SME owners to invest in various assets beyond traditional pension options.</li>
<li>Bryn is launching a new SSAS administration company called SSAS UK in May.</li>
<li>Lending money back to the sponsoring employer in a SSAS comes with strict rules and considerations, such as security and interest rates.</li>
<li>Lending money to third parties in a SSAS is seen as an investment and requires thorough due diligence and trust.</li>
<li>The decision to set up a SSAS should be based on whether the investment justifies the annual running cost, rather than a specific minimum amount.</li>
</ul>
BEST MOMENTS
"I tend to find directors of small limited companies have requirements that are over and above normal because they're entrepreneurs and they tend to look for a more interesting type of pension arrangement." 
"Anything that's put in place to reduce the likelihood of a pension scam, I would have to favour."
"Everybody's circumstances are separate and different, and the way that SSAS works is complicated, and there's lots of, that lovely word, nuances, and you really need to get full and proper advice based around your circumstances." 
JOIN THE NETWORK
If you want to learn more about investing in Commercial Property why not consider joining the CPI Network? A community of active investors who collaborate, share experiences and empower each other in their Commercial Property endeavours.
Useful Links:
CPI Website - <a href="https://commercialpropertyinvestor.co.uk/">https://commercialpropertyinvestor.co.uk/</a>
Our Sponsors -  <a href="https://commercialpropertyinvestor.co.uk/">https://commercialpropertyinvestor.co.uk/podcast-sponsors/</a>

The Madison Apart-hotel update from Mark Winship

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