Real estate advisory
We work with owners who want their holdings to behave like a business: acquisitions underwritten before capital moves, ownership structured to survive a dispute, costs cut where they actually sit, and the repeated work automated away.
The premise
The purchase is the most visible decision an investor makes and usually the least consequential. What determines the return is everything that happens afterwards — and that is where portfolios quietly lose money for years at a time.
A deal is underwritten on optimism and a spreadsheet nobody stress-tested against a rate rise or a six-week void.
Chasing, reconciling and reporting consume the hours that should be spent finding the next deal.
Financing, insurance, management fees and voids drift upward, unexamined, across every year of ownership.
Everything sits in one name, so a single tenant dispute or contractor claim can reach every asset at once.
Work a system should handle is done by a person instead — every month, indefinitely.
Cover is arranged once at purchase and never revisited against the portfolio it now has to protect.
Capabilities
Most owners have one or two of these covered. The returns show up when all four are managed as a single operation.
Identify and evaluate better opportunities.
We underwrite a deal the way a lender would, before the deposit is committed rather than after completion. Yield, cash flow and return on capital are modelled against the cases that actually break a deal — a rate move, an extended void, a refurbishment that runs over.
Build the right legal and financial framework.
Ownership is arranged so that one dispute, one tenant or one transaction cannot reach the rest of the portfolio. We work through holding structures, liability, and the paperwork that decides what happens when a deal goes wrong.
Reduce cost and improve profitability.
The margin is usually already inside the portfolio. We audit financing, overheads, management, insurance and voids, and quantify what each one is costing against what it should cost.
Remove the work that repeats.
We map the recurring administration in your operation and replace it with systems that run without supervision — so the portfolio stops consuming the time it was supposed to create.
Analysis
Our investment property analysis calculator models a property in a few minutes: what it yields, what it costs to run, and what is left. Every deal you look at gets measured on the same basis, so comparisons mean something.
Two-bedroom terrace · £185,000 · 25% deposit
Advisory
Every engagement is one-to-one with a partner. You bring a live question — a deal, a structure, an operation that has stopped scaling — and leave with a decision you can act on.
Ownership structures, liability and the paperwork that decides what happens when a deal goes wrong.
Duration60 min
$550
BookWork a live deal or an entire portfolio through with someone who has underwritten both.
Duration45 min
$375
BookMap the repeated work in your operation and leave with the systems that remove it.
Duration30 min
$250
BookFees quoted in US dollars. Engagements are held remotely unless arranged otherwise.
Reference
“Being a master of automation, Valentin will help you automate any process in your business. He once reduced an eight-hour-a-day job to fifteen minutes using automation.”
George Wolfe
Approach
A deal either underwrites or it does not. Enthusiasm is not an input.
Adding units to a broken operation multiplies the problem rather than the return.
A larger portfolio at a thinner margin is a worse business, not a bigger one.
Structure is inexpensive in advance and unavailable once a claim has landed.
Automate what repeats. Leave judgement to people.
The partners
No account managers and no handovers. The person who underwrites your deal is the person you speak to.
Valentin Nicoara
Partner — Automation, operations, cost
George Wolfe
Partner — Structure, restructuring, counsel
Resources
What we give away, and what is being written. The calculator is the place to start.
Model yield, cash flow and return on capital for any property in a few minutes.
Download02Recorded walkthroughs on underwriting, structuring and automating a portfolio.
WatchWritten briefings on acquisition, financing and holding structures.
In preparationNotes on the market and on the operational side of owning property.
In preparationBring the deal you are looking at, or the portfolio that has stopped behaving. An hour is usually enough to tell which one you have.
Enquiries
Tell us what you are working on. Enquiries are read and answered by a partner, not a form queue.