How a £380k Investment Turned into £1 Million with Stephen Gallagher

In this episode, we sit down with Stephen Gallagher to explore his impressive journey in property investment and the formation of SAS Scotland.

Key Discussion Points:

• SAS Scotland:

  • Stephen and Derek's hands-on network for property investors.
  • Practical learning through live projects.

• Stephen’s Background:

  • From aerospace engineering to oil and gas, then banking and finance.
  • Transition to property investment starting with residential and moving to commercial properties.

• Property Investment Strategy:

  • Using SAS pensions for tax-efficient investments.
  • Importance of market understanding, due diligence, and trusted partners.

• Case Study - Hamilton Property:

  • Purchase and refurbishment of an office building.
  • Investment of £70,000 leading to a market rent of £122,000 and offers of £1 million.

• Commercial Lending:

  • Providing loans with first-charge security.
  • Emphasis on thorough due diligence.

• Challenges and Opportunities:

  • Rising costs in the property market.
  • Opportunities in secondary market towns.

• Future Plans:

  • Scaling up investments with private equity.
  • Potential expansion into the hotel sector.

• Brokerage Business:

  • Futurity offers real estate, asset finance, and business loans.

• Advice for Aspiring Investors:

  • Conduct thorough research.
  • Network with experienced investors.
  • Be bold in pursuing opportunities.

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