#110
One of the most challenging aspects of buying UK property from abroad is sourcing deals.
Chris Dowty is the CEO of Sourcing Investments, a platform connecting investors and UK sourcing agents.
This episode will give you a better understanding of how to deal with UK sourcing agents.
Listen to understand the importance of YOU taking control of your investments and not blindly accepting recommendations without verifying them independently.
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During the episode, we discuss:
· Key Questions to Ask About a Deal Involving a Sourcing Agent
· Compliance for sourcing agents
· Importance of Personal Due Diligence in Property Investment
· The Need for Investors to Follow Through on Commitments
· What makes a good UK sourcing agent
· The importance of a thorough tenant referencing process
Keywords:
sourcing properties, transforming properties, student market, cost of project, duration of project, salary, benefit, turnkey providers, compliance vault, revenue-generating activities, background check, investors, capital, financing, commitment, discounts, sellers, desperate seller, special source, changes to system, relevant information, accountability, standardized ROI, loan to value, interest rate, rental income, worst case scenarios, pensions, investment manager, deal analysis, comparables, compliance, proof of funds, proof of ID.
