#Excuses & #reasons!

What is your excuse for not coming to the J6 Property Meet this year?

This is your last chance in 2017 as it our last one until January 2018. A preview of some of the events we have had this year.

See a glimpse of the agenda for Tuesday 14 November & what you will be missing on the evening.

1. Ranjan Bhattacharya sharing his property strategies for 2018 & WHY!

2. Chris Jones sharing her secrets on planning & development.

3. Luke Beavan giving a mortgage update.

Please click here to BOOK NOW:  bit.ly/2iet2tH

Looking forward to seeing you there!

Time, Money & Choice Freedom

Facebook | Twitter Skype: manni.chopra1
Office: 01753 643899 | Mobile: 07970 998093

#Streamline #Rationalise #Adapt!

Over the next few weeks our top three business activities for my Property investment arm is to focus on the following:-

1. Streamlining:

HMOs are very profitable but also very costly to run. Maintain, cleaning, Wear & tear is where your bottom line can be compromised.

We will be looking to find these & ensure we are over not over spending, & incurring unnecessary costs.

2. Rationalize:

We will look at selling possible one of the leasehold properties in the portfolio & re-invest in another freehold property for HMO conversion.

3. Adapting:

We have recently incorporated our portfolio so will be looking at how to approach banks & funding institutions as a corporate entity (not an amateur anymore!) with a view to maximize our ability to co-fund development & commercial deals.

– What are your TOP 3 Focus points in your Property Investment business? Writing them down gives your clarity of thought & guides your ideas & actions.

Come & Meet other active investors & share what others are focusing on.

BOOK NOW for the Last J6 Property Meet in 2017: bit.ly/2iet2tH

Looking forward to seeing you then.

Time, Money & Choice Freedom

Facebook | Twitter Skype: manni.chopra1
Office: 01753 643899 | Mobile: 07970 998093

what are your #LessonsLearned #2017!

Before you can move on to your goals for 2018 it’s a good time of the year to reflect on what’s gone well, what you could have done better this year.

For the majority of 2017, I have focused on getting my Reading new build development to start. At a high level my top three challenges have been as follows:

a) Reducing the S106 contributions. (nationally under 10 units affordable housing contributions are NOT required).
b) Getting a good building contractor who also had the paperwork required by banks.
c) Redeeming the mortgage and securing development funding.

See a glimpse of my Reading development.


We have secured planning permission to build eight new apartments by knocking the bungalow.

My top 7 TIPS for consideration when you get into Property Development.

  1. Due diligence; Do your own research on funding options available in the market, vetting builders, comparing quotes from professionals, don’t be complacent. I was given an offer letter from Lender A, only to be told a few months later they have pulled out as the project costs went up.
  2. Don’t be in a rush to start the Development; it is a long-term game. It can take 1-3 years from start to finish; getting planning permission can take 6 months – 1 year, securing funding another 6-8 months and then the build.
  3. All costs are front-loaded, you will be paying out lump sums in planning & professional fees for drawings, surveys, counsel fees; all upfront. The rewards are realized when you sell/ rent the units. Property Development is NOT for the faint-hearted.
  4. The devil is in the detail. This could be in relation to reading the fine print on the loan terms from the bank, quotes from property professionals or detailed costing from the contractor. Please read the detail to know what you are getting yourself into.
  5. Don’t give up too easily. If we had not been in a rush to start the Reading development, our (unlawful) S106 contributions to the council could potentially be reduced to zero.
  6. Don’t be Penny wise, pound foolish. I wanted to save £3k initially by not appointing the architect firm to project manage the competitive tendering process from builders. Eventually, this costs me a lot of time & money down the line.
  7. Always ASK the question – don’t pretend to understand it all even if you risk sounding ‘dumb’. Embrace all the new learnings rather than focusing on the challenges & what you don’t know or understand.

Anyway, hope you find these useful. It would be good to stay connected as I will be starting a video blog of the development progress from January 2018. If you want to keep posted, please link up with me on LinkedIn, FB, Instagram or Twitter – details below.

Time, Money & Choice Freedom

Facebook | Twitter Skype: manni.chopra1
Office: 01753 643899 | Mobile: 07970 998093

Top 3 reasons to come 2 #J6!

1. Two expert speakers!

Marttand Patel is the keynote speaker & will share “Opportunities and Threats for 2018-2020.”

Dr. Marttand Patel is a Mentor and a Property Business Coach and has been training and teaching people about property for the last 6 years. Marttand has built a high yielding portfolio consisting of flat conversions, HMOs, student and professional housing, commercial to residential and leasehold to freehold splits.

He is currently working on a large commercial to residential conversion to create 54 affordable housing units for first-time buyers.

Tim Matcham has raised £2.5 Million from private investors & will share “How to attract Armchair investors.”

2. Active Investors.

We have VIP members who are the regulars at the J6. They are a good mix of highly experienced & new investors who are both actively engaged in finding deals & are committed to success in Property.

3. Property Professionals

We have a mix of planning consultants, commercial & residential brokers, property accountants, estate planning experts, builders & solicitors at the meeting.

If you want to grow your business these contacts are crucial to success.

BOOK YOUR TICKET here: bit.ly/2iet2tH

Looking forward to seeing you tomorrow!

Time, Money & Choice Freedom

1 week 2 go!

Have you booked for the Property Development Panel session at the next J6 Property Meet?

We have an exciting agenda for our next event on Tuesday 13 Feb. Networking kicks off at 6:30 pm for 7 pm start.

1. Manni will kick off the meeting with an introduction & be giving an update on her Reading Development project.

2. Luke Beavan – mortgage update.

3. Diksesh Patel – sharing his story & projects in Property.

4. Rishi KhuranaAmit MalhotraSandra Orlando PayneEmily Temple MSc MRTPI, Romey Chopra MPharm MBA and Lisa Andrews – all part of the Development Panel taking YOUR questions from the front of the room.

BOOK NOW before it’s FULLY BOOKED: bit.ly/2iet2tH

Looking forward to seeing you there.

Time, Money & Choice Freedom