Rotten hoarder home found in the Sun newspaper

Published: July 24, 2023, 5 a.m.

In this episode Nick and Steven chat with Connor McGuinness and Barry Wilson from Kraken Property Group. They share how they found an abandoned rotting property owned by a hoarder in the Sun newspaper and how they managed to secure the deal using the assisted sale strategy.

  • Meeting at a property education event\xa0
  • The opportunities created from paying it forward\xa0
  • Making 45k off one deal and 35k from another\xa0
  • Starting using your own money to learn what you are doing
  • Finding a deal through the Sun newspaper
  • Being persistent in contacting the vendor\xa0
  • Changing Tac to get your foot in the door\xa0
  • The need to treat your first few years in property as an apprenticeship\xa0
  • Spending \xa34000 on skips to clear out the hoarding piles\xa0
  • Using the assisted sale strategy to get it over the line\xa0
  • The preference of assisted sale over a flip and why\xa0
  • The risks and downside of assisted sales\xa0
  • How being respectful to the vendor can help get the deal done


Website:\xa0
Krakenpropertygroup.co.uk
Krakenhomebuyers.com
Instagram: @connaire31
Linkedin:\xa0
Connaire McGuinness
Barry Wilson\xa0


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