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Post by propertycalf on Apr 11, 2019 11:11:08 GMT
I logged into my account a few days ago and there was an investment available to invest in the new diversified portfolio.. It's not there now.. I wonder if it was only available to existing shareholders in ukdp or all pm members?
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Apr 11, 2019 15:14:55 GMT
Valuations on last 3 properties now received & viewable to vote on to holders.
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nw99
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Post by nw99 on Apr 11, 2019 15:44:14 GMT
Yes excellent news
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adrianc
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Post by adrianc on Apr 11, 2019 21:20:56 GMT
Having got my final valuation in today, going by the number of shares in DPP I've been allocated, valuation is down about 16% from buy-in price ignoring rent to date.
Including rent payments, the total XIRR is -2.14%.
That's actually far better than I was expecting/fearing.
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hazellend
Member of DD Central
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Post by hazellend on Apr 11, 2019 21:26:53 GMT
Having got my final valuation in today, going by the number of shares in DPP I've been allocated, valuation is down about 16% from buy-in price ignoring rent to date. Including rent payments, the total XIRR is -2.14%. That's actually far better than I was expecting/fearing. I’m due 45k back from 55k 3k rent returned during my investment period. To me it’s worth the hit to get out, wishing the best to those remaining , which appears to be most. Maybe I was just unlucky and chose duds
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pom
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Post by pom on Apr 12, 2019 7:56:30 GMT
I'm about 14% down (not including rent) so perhaps a little luckier than average - over 59 properties so was pretty well diversified tho I had too much in some of my early HMOs before I set myself strict limits per property. I'm staying tho, one of my concerns about the crowdfunding model was the short fixed terms, longer term would always have been my preference. And I think the portfolio model should work much much better. So in that respect the current valuations don't mean that much to me, other than a useful crystallised loss. The gap in income while they restructure is of course a disappointment, but I wasn't reliant on it. And overall I suspect I'll end up losing much more from collateral in terms of both income and capital on a smaller investment  |
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Post by propertycalf on Apr 15, 2019 9:58:10 GMT
And yet another vote on the remaining SPVS.. Don't know what's harder getting out of pm or leaving the European Union!
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nw99
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Post by nw99 on Apr 15, 2019 21:44:47 GMT
Money is in the bank more redeemed today
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Post by queenvictoria on Apr 15, 2019 21:54:24 GMT
Money is in the bank more redeemed today Thanks. SPV23 redeemed for me today to add to 14 and 15 received last month. Just awaiting SPVs20 and 25 now.
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hazellend
Member of DD Central
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Post by hazellend on Apr 15, 2019 21:56:42 GMT
SPV 21 and 24 paid today
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kaya
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Post by kaya on Apr 16, 2019 10:43:40 GMT
Ye Mooses! Bought 23 at a discount, & now got back virtually the same amount, with no losses (except zero interest returns over the period). Terrible investment decision, & looking forward to being completely moose-free when the rest repay - and also if they ever pay back their debts on the loan I made. My others properties will not fare so well, unfortunately.
I would assume that those staying in are looking at a (very) long-term investment. Good luck with that, but I will be declaring a personal moose-free zone.
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littleoldlady
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Running down all platforms due to age
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Post by littleoldlady on Apr 16, 2019 17:56:54 GMT
Besides under your own personal statements which only lists your own current holdings, is it published anywhere what the option 1 and 2 share prices offered are for all SPV? I suppose that between us we could compile such a list here.
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Post by queenvictoria on Apr 16, 2019 22:44:48 GMT
Money is in the bank more redeemed today Thanks. SPV23 redeemed for me today to add to 14 and 15 received last month. Just awaiting SPVs20 and 25 now. More money received tonight. My 20 and 25 are repaid meaning I have now sold all my holdings and will now close my account. My overall loss, not including interest received, is 12.75%. Once interest is added back my loss is 3.5%. Not great but much better than feared.
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hazellend
Member of DD Central
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Post by hazellend on Apr 17, 2019 13:03:33 GMT
Just two more to go now then I’m free.
Considering what a bad experience I have had with PM I’m pleased with the way the exit has been handled.
Sure, I’ve lost money but I think it would have been worse trying to genuinely sell the properties on the open market.
Lesson learned (mainly avoid low end rentals)
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hazellend
Member of DD Central
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Post by hazellend on Apr 17, 2019 13:04:10 GMT
Just two more to go now then I’m free. Considering what a bad experience I have had with PM I’m pleased with the way the exit has been handled. Sure, I’ve lost money but I think it would have been worse trying to genuinely sell the properties on the open market. Lesson learned (mainly avoid low end rentals) Just two duffers and one ok one on THC to shift now
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