Chris Cleghorn, CEO of Yieldwise, will be with us for the August LREM. Chris has been flying off the ‘property circuit’ radar for more than a decade. I poked him, and he is ready to ‘come out’. Some statistics, so you know what he has accomplished.
Working for his clients or for his personal portfolio, he has bought 704 properties. Chris, along with his wife, own 108 of the 704.
Since the lockdown, 12 more properties have been acquired, so the total is actually 716.
Chris lost close to £2M in the 2008 downdraft on a failed development. He put his head down and pushed forward so that loss has been fully paid back. The personal portfolio sits at £13,988,000 of value with modest gearing. Likely it will be over £14M by the time we meet in August given there are more details which he intends to purchase.
On Tuesday, 11 Aug, Chris will be sharing his journey, the lessons learned, and his view of the market as we crawl out of lockdown. A good title might be, ‘Is BTL dead or still the strategy of choice if you know how?’
Did I mention that he buys BMV and focuses on deals which do not need work before they are rented? BRRR without the R for refurbishment?
Bring your questions. Chris will also join us in the ‘virtual bar’ for relaxed networking after the main event.