Property Options

The Power of Successful Property Investment

  • [email protected]
  • 0117 942 7505

  • Home
  • About Us
  • Testimonials
  • Investment
  • Consultancy / Mentoring
  • Courses
  • PIM
  • Blog
  • Get in Touch

Ian Day – “Recover Your Time and Maximise Your Income”

Written February 1, 2016 By Property Options Leave a Comment

January’s PIM saw an excellent presentation by property investor Ian Day.

Ian DayIan had a highly successful career in academic medicine and was a Professor at Bristol University – but with 2 small children, he found himself with family commitments incompatible with the typical 60-80 hour weeks of his demanding profession.

In just a couple of years, he built a portfolio of multilets (HMOs) which comfortably surpass his income from employment, but only take 2 hours per week to run – so he is now full time in property – although he’s still involved in the research he loves too.

A packed house followed Ian’s story – as he highlighted the different motivations people have for starting out in property. For Ian of course Recovering Time was top of the list. For others in the audience it was also about Freedom, Flexibility, More Income, Education, Building an Alternative Pension, and Maximising Potential, among other desires.

Ian explained exactly how he started out and then gradually built his portfolio – starting in 2011 with an investment flat; he released equity from his home to fund the deposit. This had potential for capital growth, but didn’t produce a particularly good yield – so next he invested in a 4 bedroom HMO, which needed minimal refurbishment work and generated a better yield.

So Ian repeated the system, adding a 6 bedrooom HMO, with a yet bigger yield.  As time went on, he sold the first flat to release equity for deposits and got good price deals on new properties through dealing direct with local vendors. He’s also added value – by knocking through a garage to create parking in the garden of one property, which has helped tenants – leading to better quality tenants – and also kept the neighbours happy – a win-win. At another property, Ian has redeveloped the separate garage into a small studio, with great views – this is let out short term, via AirBnB.

Ian doesn’t have a huge portfolio, he has just half a dozen properties and all this was developed while managing his demanding job, until last summer when he was able to leave, with an increased income. He now spends between 2-4 hours per week managing his properties – although he did very much highlight the importance of good systems for managing his properties and his tenants. He’s also invested in quality tax advice to structure his businesses efficiently.

Ian’s latest project is a larger property, involving a title split, which he will be refurbishing to allow 11, instead of 8, tenants. We’re sure Ian will be back again before too long to update us on his business – so watch this space! Meanwhile if you would like support to get started yourself, you might like to know that Ian is part of the Property Options mentoring scheme.

This was an excellent and revealing presentation, showing exactly how someone with an entirely different – and very busy – career can build a property portfolio from scratch, in quite a short space of time. If you couldn’t make it, then do make sure you join us next month:

Join us on 25 February 2016 at Holiday Inn, Bristol City Centre, 6-9 pm.

For more info and to reserve your place click below –

Order your PIM Tickets

We look forward to seeing you there.

The team at Property Options

Facebooktwitterlinkedin

Filed Under: PIM Reports Tagged With: cashflow, Ian Day, PIM, time

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Don’t Miss Our Next PIM

Book Your PIM Tickets


Flats and Houses

The Property Options UK Market Update – March 2021

The Property Options Buy to Let Market Overview Our regular Bristol and UK property reports are … [Read More...] about The Property Options UK Market Update – March 2021

London city

The Property Options UK Market Update – February 2021

The Property Options Buy to Let Market Overview Our regular Bristol and UK property reports are … [Read More...] about The Property Options UK Market Update – February 2021

Hotwells Property

Property Options Bristol Buy To Let Update – February 2021

  Our regular Bristol and UK property reports are written by economist Chris … [Read More...] about Property Options Bristol Buy To Let Update – February 2021

property and economy

The Property Options UK Market Update – January 2021

The Property Options Buy to Let Market Overview Our regular Bristol and UK property reports are … [Read More...] about The Property Options UK Market Update – January 2021

Bristol-suspension bridge

Property Options Bristol Buy To Let Update – January 2021

Our regular Bristol and UK property reports are written by economist Chris Worthington, who is a … [Read More...] about Property Options Bristol Buy To Let Update – January 2021

London property skyline

The Property Options UK Market Update – December 2020

The Property Options  Buy to Let Market Overview   Our regular Bristol and UK property … [Read More...] about The Property Options UK Market Update – December 2020

Bristol-suspension bridge

Property Options Bristol Buy To Let Update – December 2020

Our regular Bristol and UK property reports are written by economist Chris Worthington, who is a … [Read More...] about Property Options Bristol Buy To Let Update – December 2020

bristol millenium square

The Property Options UK Market Update – November 2020

The Property Options  Buy to Let Market Overview Our regular Bristol and UK property reports … [Read More...] about The Property Options UK Market Update – November 2020

Copyright © 2025 Property Options (Bristol) Ltd | Terms | Privacy | Cookies

| Website by Internet Power | Online Portal

About Cookies On This Site
We use cookies to give you the best online experience. By clicking ALLOW you agree to our use of cookies in accordance with our cookies policy.ALLOW Cookie policy
Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
MENU
  • Home
  • About Us
  • Testimonials
  • Investment
  • Consultancy / Mentoring
  • Courses
  • PIM
  • Blog
  • Get in Touch