Understanding the Exit
How many people understand the ''Business'' of property.
It comes up more and more as we get further and further into our property journey and the more and more people we are meeting.
So this week we got Martin Wardle of TH Ward to jump on and chat to us about his experiences within property and the way the tax world is so important to those in or getting into property.
What an interesting conversation with Martin, we talk over understanding responsibilities, understanding the value of business and how and why we should ''keep the emotion out of the transaction''
Martin covers some very interesting points and see's an increase in the wrong accountancy/tax advise being pumped out and can vision an increase in cases against some social influencers.
Myself and martin stress over the point of understanding the exit strategy and spending the time at the beginning to get the systems, roles, responsibilities correctly.
We concluded with its time for myself and Martin to catch up again over a nice sausage roll curtesy on banking app.
until next week
thanks for your time Martin
Best regards
Practical Property Talk
83 Property was set up by Gavin Eade and Joseph Atkinson in 2017... since there the pair have grown there portfolio starting with BTL properties in the North East of England, soon moving into commercial to residential developments and more recently developments. Having been involved in over 80 transactions across multiple different strategies the pair have a story or two to tell. Here is where the good the bad and the ugly will be discussed with members of there large network group.
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