Millionaire Young property investment advice case study
David Watkinson first heard about M.Y. online and decided to get involved with the plan of building his net-worth and creating a passive income.
David Watkinson first heard about M.Y. online and decided to get involved with the plan of building his net-worth and creating a passive income. Whilst working for Thames Water full time, David has managed to secure his second property deal on Homecroft road in Sydenham, a victorian conversion flat that he purchased for £317k from a motivated seller.
With a full refurbishment done by himself and his brother, he was able to put it up on the market for £465k but unfortunately, that same month COVID hit, lockdown commenced and the property market slowed down. David then decided to remortgage on a valuation of £430k, which allowed him to recycle cash and move on to find his next property deal.