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. ---------------------------------- Follow Prime Property Auction on Instagram: Prime Property Auction: https://www.instagram.com/primepropertyauctions/ John: https://www.instagram.com/john_property_auctioneer/ Luis: https://www.instagram.com/luis_property_auctioneer/ Visit Prime Property Auction website: https://primepropertyauctions.co.uk/ ------------------------------------ Follow us on all of our social media accounts: https://linktr.ee/scottishpropertypodcast **DISCLAIMER**Please do your own due diligence on any of our guests you may decide to do business with. We interview in good faith. However, we cannot be held responsible for any credibility issues that may arise. 🤝  Visit one of our monthly networking meet-ups.  We run them on the 1st Wednesday of each month and have some fantastic guest speakers.🎟 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Book your place at the networking events here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⭐️⭐️⭐️⭐️⭐️  Hope you find content useful and we would really appreciate it if you could leave a review on Apple podcasts or Spotify. Connect with us on social media:🔗 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Join our private Facebook group ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 🔗 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow us on Instagram ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 📩  Email us: [email protected] [email protected] #scottishpropertypodcast #propertyinvestment #sas #realestate #investmentstrategies #commercialproperty #duediligence