This month we invite Mark and Martin Pow of Property Pow Brothers who have just completed the Property Entrepreneur Program, and have just joined the Advanced program as well as the Mastermind group. They had the honour of being voted by their peers for The Deal of The Year and we will go behind the scenes on that deal.   Mark and Martin are both family men and based in the South West. They started investing about 15 years ago and now specialise in Commercial Conversions, Title Splits and large HMOs.    The office conversion was a large property, 965m2 and they agreed a purchase option subject to planning, which they obtained for 10 flats, 8 x 3 beds and 2 x 1 beds. Property investing is not without its challenges and we discuss how their Joint Venture and funding partners withdrew just before completion and how they managed to raise £400,000 in 24 hours as well as how they found their lease provider.    Here are the numbers:   10 bed HMO in the South West Purchase Price: £620,000 (asking price £1m) Total including purchase, conversion and finance: £1,767,000 Gross Development Value (GDV): £2,800,000 Equity: £100,000 Cashflow: £138,842 pa Return on Capital Employed: 73% on £190,000 Success and failure are both very predictable.   I hope you enjoy. Want to contact Mark or his guests?   www.thepropertybrokerage.co.uk [email protected] Mark & Martin Pow [email protected] http://www.powproperty.co.uk   07816407114   https://www.instagram.com/propertypowbrothers/ Want to learn more?   👥 Join 12.9K+ property entrepreneurs and business owners in our free Property Entrepreneur Facebook Group — a community built on shared knowledge, proven strategies, and support from those on the same journey.. 👉 The Property Entrepreneurs Community 📺 Want Daniel's proven Blueprints in action? Subscribe to The Blueprint YouTube Channel for powerful, practical content on how to start, scale, or sell a business in property — straight from the source. 👉 Watch & Subscribe Now   Follow Daniel on Social:   Instagram: @propertyentrepreneur_ Facebook:  @PropertyEntrepreneurOfficial LinkedIn: @propertyentrepreneur Check out our new Instagram: @propertyentrepreneur_uk

Ver todos los episodios