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When you use commercial finance for a refurbishment, conversion, or development project, the lender will normally appoint an Independent Monitoring Surveyor (IMS). Many investors see the IMS as a hurdle, but they are actually there to help ensure the project stays on track and gets funded smoothly.
You'll learn:
➤ What an IMS is and why lenders appoint them
➤ Why you pay for them, but they work for the lender
➤ How their reports influence your loan drawdowns
➤ What documents and details they expect you to provide ➤ Why treating the IMS as a partner leads to smoother, faster progress
Key takeaway: The IMS is not there to block you — they are there to protect the project and keep the money flowing. Work with them, not against them, this episode will help you learn how.
Martin has been supporting property investors with their refurbishments since 2012 and he's here to support you as well. Whether you just need an answer to a question or want to chat through the ways he can work with you then just book a FREE call on this LINK
If you want to get started then Martin's book The Refurbishment Handbook is for you, grab your FREE copy now.
For more FREE tips and advice look for Refurbishment Mastery with Martin Rapley on Facebook and You Tube.
To be part of Martin's weekly group coaching calls and get access to online training courses and resources then check out his Project Management Accelerator programme. It's a monthly subscription which you can cancel any time, do ensure that you use promo code VIPDISCOUNT20 to save £20 every month.1
You will find other ways to work with Martin on the Refurbishment Mastery website.
Martin is also on Facebook and LinkedIn
Music: SPROUT by Ant.Survila (c) copyright 2024 Licensed under a Creative Commons Attribution Noncommercial (4.0) license. https://dig.ccmixter.org/files/AntSurvila/68107 Ft: J.Lang
By Martin RapleyWhen you use commercial finance for a refurbishment, conversion, or development project, the lender will normally appoint an Independent Monitoring Surveyor (IMS). Many investors see the IMS as a hurdle, but they are actually there to help ensure the project stays on track and gets funded smoothly.
You'll learn:
➤ What an IMS is and why lenders appoint them
➤ Why you pay for them, but they work for the lender
➤ How their reports influence your loan drawdowns
➤ What documents and details they expect you to provide ➤ Why treating the IMS as a partner leads to smoother, faster progress
Key takeaway: The IMS is not there to block you — they are there to protect the project and keep the money flowing. Work with them, not against them, this episode will help you learn how.
Martin has been supporting property investors with their refurbishments since 2012 and he's here to support you as well. Whether you just need an answer to a question or want to chat through the ways he can work with you then just book a FREE call on this LINK
If you want to get started then Martin's book The Refurbishment Handbook is for you, grab your FREE copy now.
For more FREE tips and advice look for Refurbishment Mastery with Martin Rapley on Facebook and You Tube.
To be part of Martin's weekly group coaching calls and get access to online training courses and resources then check out his Project Management Accelerator programme. It's a monthly subscription which you can cancel any time, do ensure that you use promo code VIPDISCOUNT20 to save £20 every month.1
You will find other ways to work with Martin on the Refurbishment Mastery website.
Martin is also on Facebook and LinkedIn
Music: SPROUT by Ant.Survila (c) copyright 2024 Licensed under a Creative Commons Attribution Noncommercial (4.0) license. https://dig.ccmixter.org/files/AntSurvila/68107 Ft: J.Lang