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Ava Lily Property Ava Lily Property
  • HOME
  • MEET KELLY & LEE
  • INVESTING
  • EBOOK
  • CONTACT
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+ GOALS SHOULD BE FLEXIBLE + I know what you’re + GOALS SHOULD BE FLEXIBLE +

I know what you’re all going to say, but hear me out.

Yesterday, @keithfirminproperty posted something on his story about goals and needing them to be flexible, and I completely resonate with this. A goal you set in January may not be relevant come June. You might have set it based on what was happening in your life then, but as Ferris said, life moves pretty fast.

It sums up how we felt about one of our 2022 goals, to have secured our second HMO by the end of the year. We set that goal in Dec 2021. By June 22 we’d finished our first HMO and hadn’t really loved the experience. To be fair, we had a lot going on at once. New baby, two other busy businesses, and business sale going through and an investment area 4 hours away from home. 

It just didn’t work for us. We underestimated the time we’d have, and the distance. And yes, I know others have totally made long distance investing work - but we needed life to be simpler.

What do you think? I'd love to know if you agree/disagree?

Anyway, I think you can guess that we didn’t achieve that goal, and that’s cool with us! But we did achieve a lot of what was on our list.

✅Have #ALPLea fully rented since March 2022
Kinda, it was a little later as the build ran over - but we're taking it! @portuslets is a legend.

❌ Have purchased our 2nd HMO
❌ Increased our monthly property income by 42%
Nope, but that’s because we didn’t go for the HMO and any other purchase hasn’t happened yet. The reality is we have to work to the capacity we have, and we’re comfortable moving at a slower pace around other commitments.

✅ Have taken 3 overseas holidays
⁉️ Own a holiday rental in Norfolk
Do we? You’ll just have to wait and see…

Plus:
✅ We got married! 
✅ Celebrated Edie’s 1st birthday (a milestone that meant so much)
✅ Lee shot 29 weddings, two of them in stunning Tuscany
✅ Sold my agency
I wasn’t able to talk about my agency sale this time last year, but that was one of my biggest personal goals which was achieved by August 22. I'm still there as a founder, but glad very I made the decision to merge with a good friends agency.

Overall, not too shabby. 

Stay tuned for our 2023 goals tomorrow…
Wishing you all a very Merry Christmas, and a rest Wishing you all a very Merry Christmas, and a restful break with your loved ones. Kelly, Lee & Edie🎄
LESSONS LEARNED #3 Matt paint and batwing smoke s LESSONS LEARNED #3

Matt paint and batwing smoke seals do not get on!

Seals were fitted and the HMO officer booked to carry out the final inspection.

When she arrived the doors would not close on their own, despite the day before all of them doing exactly that.

The seals had stuck to the doors and ripped off. 

We ended up having to repaint all the doors in gloss at quite a considerable additional cost.

So, if you’re thinking of going matt on your doors, maybe reconsider!

Interested to know if anyone else has had this problem?
Our first family holiday to Italy was a big succes Our first family holiday to Italy was a big success, as long as we’re not counting the 40 minute melt down by one of us on the flight home. 

No, not Lee, Edie this time 😉

We REALLY needed this break. The first three quarters of 2022 were full on and definitely pushed us to our limits. But we’re feeling refreshed and ready to go again! 

Great news that #ALPLea is fully let thanks to the legend that is Nathan @portuslets 
Honestly this guy, I don’t know what we’d have done without him this year. The level of service he gives is off the chart, no one better in Liverpool full stop.

As we head into the final quarter of this year, there’s still a lot we want to achieve. We’d already started looking for our next investment a couple of months ago, so this is what we’ll be concentrating on again now we’re back.

➕Area research
This has been fun, especially as we’re hunting along the Norfolk coast. We’re off there this weekend for more research (disguised as a mini break!).

➕Viewings
Edie and I have been spending Mondays or Fridays out on viewings. Working PT in the agency makes a huge difference to the time I have, which makes viewings a lot easier. As does only a 90 min drive to our area, rather than a 3.5 hour one!

➕Offers
We’ve been offering. It’s still a hot market and properties are going over asking, but we’ve come close and we know we’ll get the right place soon.

The goal is to have a deal secured before the end of the year, and that IS going to happen.

What are you plans for the final run up to Christmas?
Home working space shouldn’t be an afterthought, Home working space shouldn’t be an afterthought, it needs to be designed and planned from the start of your projects.

Still love this bespoke desk area at #ALPLea 

I’m off to Norfolk tomorrow to check out a couple of properties for our next investment. 

A holiday let that’s also set up for entrepreneurs business planning getaways. 

Have you ever taken a break to work on your business? It’s such a great investment in yourself!
BEFORE v AFTER #ALPLea Before, an ugly duckling c BEFORE v AFTER #ALPLea

Before, an ugly duckling complete with added dirty nappy bags 😂

After, absolute class. 

I can never get enough of this design. No gimmicks, just effortless style @mardesignuk 

Our valuation is back and it’s what we were expecting! A great win for the week and means we can push on with the next adventure.

#beforeandafter
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Copyrights ©Ava Lily Property Ltd 2023 | Images by Lee Allison
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