"Rule of thumb for a million pound deal: the cost to buy a property hold it and sell it, if that's the exit, [generally] the cost will be about 15-20% of the purchase and the development cost."

Thor has been investing in property for over 20 years, having bought his first property at age 19 in Australia. He worked in the UK construction industry for five years up to 2010 as site foreman and project manager.

Thor started investing in London in 2009 and bought and/or sold 50 properties totalling over £17 million in value before creating Crowd with Us with his co-founders. His key skill sets are mitigating risk & structuring deals to be profitable and win/win for all involved.

In this podcast: 00:50 - Holy grail question: What makes a great deal? 02:15 - What does CWU look for when accepting deals onto their platform 10:00 - The market and how the timing can be the benefactor 16:30 - Making sure your deal stacks and willingness to walk away is fundamental 19:30 - How are investors finding amazing deals that seem to stack

Contact Thor Portess: www.crowdwithus.london/site/contact-us

To find out more about Crowd with Us please visit our website. Simply register an account to receive updates and details of upcoming project launches at www.crowdwithus.london/register/.

 

Risk Warning: Capital is at risk and returns are not guaranteed. Past performance is not a reliable indicator of future results. Please read the full risk warning on https://www.crowdwithus.london/site/risk-statement  before deciding to invest.