When Besnik joined Sourced, he hadn't even attended his new Partner induction before securing his first investment opportunity.
Just a few months later, the refurbishment was complete, tenants were ready to move in, and the property was generating long-term monthly income.
Besnik's first property project
The figures from Besnik's first project were:
• Purchase price: £140,000
• Current valuation: £280,000
• Rental income: £1,500 per month
• Mortgage payments: £650 per month
• Monthly profit: £850
• £88,000 profit created through the project
But the project was only the beginning.
Just one week after completing the refurbishment, Besnik sold his first property deal to an investor within the Sourced network, earning an additional £3,000 sourcing fee.
Why the Sourced ecosystem matters
Completing a refurbishment project involves much more than buying a property.
You need to secure funding, analyse the numbers, manage the refurbishment, understand your exit strategy and have experienced people to turn to when questions arise.
That is where the Sourced ecosystem makes the difference.
Besnik received funding support through our in-house brokerage, Sourced Financial Services, alongside ongoing guidance from the Sourced HQ team throughout the project.
Rather than figuring everything out alone, he had the confidence of knowing experienced property professionals were supporting him every step of the way.
A supported route into property
Besnik's story shows what can happen when ambition is backed by the right support.
Just a few months earlier, he was preparing to attend his induction.
Today, he has completed his first refurbishment project, built a recurring monthly income, created significant equity and earned his first sourcing fee.
For anyone looking to build a property business, Sourced provides more than training. It gives you the funding support, expert guidance and proven systems to help you progress faster and build long-term wealth through property.
Author
Chris Kirkwood
