Regarding the strategy, what stops the current owner of the property from applying the same value adding technique instead of fussing about with me, who's trying to secure the deal with a pound? Is there a benefit to the owner going along with such a deal? Is that how I can get my foot in the door?
When does the vendor get paid with option agreement. Who do you sell your options agreement to. Do you have to cold call small developers to sell them the option
I need to ask what is probably a stupid question. Why would anyone sell me an option for 1 pound when they can keep the property and do exactly what I'm planning to do?
Some people dont realise the true value or have the time permitted development right have rent changed and about to come into play alot of people dont know this and they've been trying to sell building for so grab your hand off at the offer... this is my understanding anyway
They don't have the cash, the time or the will. I'm guessing. So the option deal is a bit of a God send to them where they don't lose out and may even make a gain.
I'm loving your videos Ranjan! Thank you so much! I can't wait to get started in the commercial game. Also I'm desperate to do one of your courses to have that expert knowledge and network to support me. I'm waiting to release some equity first then I'll be all over it!
Nice and eloquent as always Ranjan, question is as always finding property, I live in Bham and it’s nigh on impossible, any further advice, thanks Ravi
Thanks for sharing this strategy. I’m struggling to find a broker that agrees the value of the commercial unit is based on anything other than bricks and mortar (i.e. the valuation is no different if tenanted or vacant), which breaks the strategy on uplifting value based on tenanting. Is it that the brokers (5 that I’ve spoken with) are not knowledgeable enough, or that market conditions have changed meaning this strategy is no longer possible? Would greatly appreciate your opinion on this.
Hi Ranjan, Just found your channel and its brilliant! I am just in the process of buying my first falt, but just came across where the este agent is asking for a deposit of 1k, it says refundable only if we dont pull out. is this normal and how do you deal with this? my offers accepted but hes saying that they wont send info/papers to my agents until i pay a deposit. much appracite any thoughts on this? or any one else here who may have some thoughts on this. Thanks. Tim
Great video once again, thank you. Not sure if any use to you but I am a chartered building control surveyor and have approved many commercial to residential proposals, which can prove challenging to meet building regs due to spacial constraints etc. Let me know if I can help in any way Thanks Liam
Brilliant content, Thanks for sharing your knowledge. Just a quick one, is it better to agree a delayed completion rather than option agreement? Please kind enough to reply or make a small video clip . Many Thanks
Options allow u to back out, but with delayed completion you have exchanged contracts and must complete. Also may be SDLT implications. If you take possession on exchange and have a long delayed completion, then SDLT will be payable on exhange as you will have deemed to have 'substantially completed' the purchase on exchange. There are more issues, and we will do a video on this shortly
Been watching your channel for a few months. Thanks - this is great! Question: am I wasting time trying to find a commercial property inside the m25 for 150k?
As mentioned in the video, you have plenty to find the deal, secure it, achieve a value uplift through planning/prior-approval and then purchase based on enhanced value. Check out these vids: 1) How To find Shops & Uppers - ruclips.net/video/FdETdmInG9c/видео.html 2 ) Shop to Flat Case study - BEFORE - ruclips.net/video/HV8Tj-u4tS8/видео.html 3) Shop to Flat Case study - AFTER - ruclips.net/video/SdwN1q5HIzA/видео.html 4) 3 Ways To Buy Property No Money Down - ruclips.net/video/J_k_rqMfOOw/видео.html 5) £1 Commercial Option Case Study - ruclips.net/video/2Cj1JDMFSTk/видео.html
@@ranjanbhattacharya-succeed7617 thanks Ranjan - these videos are great and have watched most. But again, I’m struggling to find possible properties on Rightmove for £150k. Im looking to get started inside M25. Am I wasting my time?
Ranjan, in this example, and you choose to sell the flats...how can you avoid high street estate agents (not impressed by them) or go purple or own sales strategy.? Please.! Love it.!
Hi Ranjan, thank you, very informative. Regarding the 56 days to wait for a response from the Local Authority, the vendor will just wait patiently until I get a response?
Hi Ranjan, just a quick question, In order to raise capital using a bridging loan don't you need a deposit? Most bridging finance companies will only give you 75% of the property price.
Hi rajan, thanks for the content one question when you have the option agreement and let's say you have planning. How can you raise funds on the property if you havent completed and the property is not in your name? Are there lenders that would lend on this basis being the property is not yet in your name?
👉Baker Street Property Meet Book Your Tickets For This Months Event: www.bakerstreetpropertymeet.com/ Join us and 300 property investors at the UK's Largest Property Networking Event, on the last Wed of each month 👉Instagram: instagram.com/ranjanproperty/ 👉TikTok: www.tiktok.com/@ranjanproperty 👉LinkedIn: www.linkedin.com/in/ranjanproperty/ 👉Ranjan's 8 Week Commercial Property Course: www.succeedinproperty.com/workshop 👉Ranjan's 12 Month Commercial Property Mastermind Programme: www.succeedinproperty.com/mastermind
@@siddharthasirimalla3022 same thing. You need to have at least indefinite to live . Or some bank may give you some money but you will have to have 70% deposit and interest rate much hire then other people with indefinite can get
Successful people don't become that way overnight. what most people see at a glace- wealth.a great career, purpose-is the result of hard work and hustle over time.I pray that anyone who reads this will be successful in life.
Very good information sir I am planning to shift to UK... Glasgow or Edinburgh....on innovative business visa.....can I buy these commercial property and get this visa If yes please email me about more information
Your videos are worth their weight in gold, thank you.
Regarding the strategy, what stops the current owner of the property from applying the same value adding technique instead of fussing about with me, who's trying to secure the deal with a pound?
Is there a benefit to the owner going along with such a deal?
Is that how I can get my foot in the door?
This man is not human. His intelligence is way more than humans 👏🏿👏🏿👏🏿
About bloody time I was getting worried glad your back 👊🏽
Good to see you back!
It would be better if buy to let mortgage companies did mortgages for under 50k, even if the percentage rate was higher to justify the costs.
When does the vendor get paid with option agreement. Who do you sell your options agreement to. Do you have to cold call small developers to sell them the option
Amazing as always Ranjan
Thank you so much 😀
Very informative video, you've got yourself a new subscriber sir. Keep it up.
Starts after 11 minutes.
wish it was that easy in London. Impossible. £10k won't get you even a space for a tree.
Then go for a plant 😜
Buy in Midlands and rent as population is increasing.
What a legend, thanks Ranjan.
Thanks Ranjan...👍🏽
Looks good Ranjan
I need to ask what is probably a stupid question. Why would anyone sell me an option for 1 pound when they can keep the property and do exactly what I'm planning to do?
Some people dont realise the true value or have the time permitted development right have rent changed and about to come into play alot of people dont know this and they've been trying to sell building for so grab your hand off at the offer... this is my understanding anyway
They don't have the cash, the time or the will. I'm guessing. So the option deal is a bit of a God send to them where they don't lose out and may even make a gain.
One of the best vidz I have seen in terms of property development 🙌
#Ranjan : thanks
Sounds good but you need a shedload of money for this strategy, ten grand won’t be anywhere near enough for this.
Where are you spending more? Legal fees, planning costs, what else?
1 day soon I’ll be in your course!
Amazing video. Thank you. Simply fantastic
Glad u enjoyed
but this is the same as deal packaging but just only in commercial properties....
I'm loving your videos Ranjan! Thank you so much! I can't wait to get started in the commercial game. Also I'm desperate to do one of your courses to have that expert knowledge and network to support me. I'm waiting to release some equity first then I'll be all over it!
Nice and eloquent as always Ranjan, question is as always finding property, I live in Bham and it’s nigh on impossible, any further advice, thanks Ravi
same here down in essex!!
Fantastic video!!!
Thanks for sharing this strategy. I’m struggling to find a broker that agrees the value of the commercial unit is based on anything other than bricks and mortar (i.e. the valuation is no different if tenanted or vacant), which breaks the strategy on uplifting value based on tenanting. Is it that the brokers (5 that I’ve spoken with) are not knowledgeable enough, or that market conditions have changed meaning this strategy is no longer possible? Would greatly appreciate your opinion on this.
your videos provide great value! thank you for the insight.
Hi Ranjan, Just found your channel and its brilliant! I am just in the process of buying my first falt, but just came across where the este agent is asking for a deposit of 1k, it says refundable only if we dont pull out. is this normal and how do you deal with this? my offers accepted but hes saying that they wont send info/papers to my agents until i pay a deposit. much appracite any thoughts on this? or any one else here who may have some thoughts on this. Thanks. Tim
thanks you are very good you are the best I learn a lot from you so thank you so much
Great video once again, thank you. Not sure if any use to you but I am a chartered building control surveyor and have approved many commercial to residential proposals, which can prove challenging to meet building regs due to spacial constraints etc.
Let me know if I can help in any way
Thanks
Liam
Hi LG, can I have your email please?
Is the Class MA still in place today? Also which source is best to find out about these type of rules and regulations?
Brilliant content, Thanks for sharing your knowledge. Just a quick one, is it better to agree a delayed completion rather than option agreement? Please kind enough to reply or make a small video clip . Many Thanks
Options allow u to back out, but with delayed completion you have exchanged contracts and must complete. Also may be SDLT implications. If you take possession on exchange and have a long delayed completion, then SDLT will be payable on exhange as you will have deemed to have 'substantially completed' the purchase on exchange. There are more issues, and we will do a video on this shortly
Is the Planning Development Permission the same in both Scotland and South of the border?
Been watching your channel for a few months. Thanks - this is great! Question: am I wasting time trying to find a commercial property inside the m25 for 150k?
Hi Ross, I’ve posted similar questions on property channels before. Seldom get a response mate! All the best
As mentioned in the video, you have plenty to find the deal, secure it, achieve a value uplift through planning/prior-approval and then purchase based on enhanced value. Check out these vids:
1) How To find Shops & Uppers - ruclips.net/video/FdETdmInG9c/видео.html
2 ) Shop to Flat Case study - BEFORE - ruclips.net/video/HV8Tj-u4tS8/видео.html
3) Shop to Flat Case study - AFTER - ruclips.net/video/SdwN1q5HIzA/видео.html
4) 3 Ways To Buy Property No Money Down - ruclips.net/video/J_k_rqMfOOw/видео.html
5) £1 Commercial Option Case Study - ruclips.net/video/2Cj1JDMFSTk/видео.html
@@ranjanbhattacharya-succeed7617 thanks Ranjan - these videos are great and have watched most. But again, I’m struggling to find possible properties on Rightmove for £150k. Im looking to get started inside M25. Am I wasting my time?
If i am to purchase the property, what would you recommend the amount that i should have?
Ranjan, in this example, and you choose to sell the flats...how can you avoid high street estate agents (not impressed by them) or go purple or own sales strategy.? Please.! Love it.!
This is gold information!!! Thank you for the video 🙏🏾
Glad it was helpful!
Good skills 👍
Does m1 come into effect in Scotland. Edinburgh
I like this vid.. Good insight..
Hi Ranjan, thank you, very informative. Regarding the 56 days to wait for a response from the Local Authority, the vendor will just wait patiently until I get a response?
Hi Ranjan, just a quick question, In order to raise capital using a bridging loan don't you need a deposit? Most bridging finance companies will only give you 75% of the property price.
YOU CAN MESSAGE HER ON HER TELEGRM NAME
Does this apply in Scotland please
Sadly not applicable in Scotland…
Hi rajan, thanks for the content one question when you have the option agreement and let's say you have planning. How can you raise funds on the property if you havent completed and the property is not in your name?
Are there lenders that would lend on this basis being the property is not yet in your name?
👉Baker Street Property Meet
Book Your Tickets For This Months Event: www.bakerstreetpropertymeet.com/
Join us and 300 property investors at the UK's Largest Property Networking Event, on the last Wed of each month
👉Instagram: instagram.com/ranjanproperty/
👉TikTok: www.tiktok.com/@ranjanproperty
👉LinkedIn: www.linkedin.com/in/ranjanproperty/
👉Ranjan's 8 Week Commercial Property Course:
www.succeedinproperty.com/workshop
👉Ranjan's 12 Month Commercial Property Mastermind Programme:
www.succeedinproperty.com/mastermind
Hi I want to do the course but isit in a classroom I would prefer being in a physical class rather then over internet??
As in the paid course
I realize I am pretty randomly asking but does anybody know of a good place to stream new movies online ?
@Phillip Derek Flixportal =)
@Riley Abel Thank you, signed up and it seems to work :D Appreciate it !
Mm
hello rajan
can i buy properties in UK on stusent visa
No one will give you mortgage with student visa .
@@Bestofthebest383 then what if I am on work visa
@@siddharthasirimalla3022 same thing. You need to have at least indefinite to live . Or some bank may give you some money but you will have to have 70% deposit and interest rate much hire then other people with indefinite can get
eeekkkk
you can't!
Successful people don't become that way overnight. what most people see at a glace- wealth.a great career, purpose-is the result of hard work and hustle over time.I pray that anyone who reads this will be successful in life.
creating Assets that can make one successful
Very good information sir
I am planning to shift to UK... Glasgow or Edinburgh....on innovative business visa.....can I buy these commercial property and get this visa
If yes please email me about more information
The permitted development I talked about, applies to England. Www.succeedinproperty.com/free-training
Only cash houses If you don’t have visa.If you don’t have indefinite leave to remain they will not give mortgage