Hi, can I ask if you have a company or are they personal property’s? If you have a company which business structure are you adopting? Thanks in advance Regards
with all the new Taxation and possible rent control I invest else where now I have been a Landlord for over 30 years and I have never seen such changes as we are seeing now The golden days of BTL are ended now Capital Growth will stagnate in the coming years
......i agree we have been hit HARD, however I feel the negativity in our industry is actually opening up some opportunities. For example... More portfolio landlords are reducing their holdings... this can be an opportunity for active investors to pick up deals. I also feel the general negativity in the market place is putting off a LOT of newbies, whom... dare I say it... sometimes overpay for deals. Less competition means we can secure better deals. Lastly... I always suggest we NEVER buy for capital growth and I agree we may not see much of this in the short to medium term. But if you buy for capital growth and don't over leverage you can live a very comfortable lifestyle. With all of that said, I bow to your long term experience... You've been investing a lot longer than I have. 😊
I feel the UK Govt don't want the PRS ?? who ever we have next Govt I think Rent Control will come and with PRA lending requirements its not going to be a good thing Govt Policy will see the end of our market
Great stuff - I see so many people who focus on 1-3 and never actually do 10. Taking action makes all the difference - even when you make mistakes you're learning.
I’m wondering if I should invest in a buy to let I’m just a little nervous and not sure if it’s right for me. I have about £900 surplus a month and thinking property would be better in the long term. 🤔
Hi Ricky... It worked for me... But of course we each have to make our own decisions. Ultimately the more you learn - the less you'll have to be nervous about.
Thank you so much But I have a question about investing with your first property If I buy a property with a mortgage after how long I can sell it if I can find a good buyer with good prophet Thanks
number 10 "do something"...... usually fear. It took me a bit of time, to stop surfing the net and start the viewings. Even placed offers and had accepted but fell through. Pick up and carry on..... the right one is around the corner that will make financial sense.
The covid pandemic has been terrible for people’s livelihoods and businesses lately. In my opinion it is going to accelerate and magnify the 18 year property cycle. Housing prices really do need to drop considerably because they are running far away from most people being able to afford them. I have really enjoyed the content Tony, the education you provide has made me realise it is not as easy as just buying houses. Understanding tax, section 24, job income, goals etc. has really made me re-think everything again. At this point, I really need to save and keep an eye on the market, then hopefully structure my next BTL’s into a limited company to be more tax efficient. Cheers
Hi Tony , I am 15 and not doing so well in school and looking to get into real estate. Is there any tips for me as I get older and time is on my hand. Thanks Kian!
Hi Kian, my suggestion is to push really hard at school... Knuckle down and get everything you possibly can out of that education. At the same time read all you can on property. Go buy some property books, but also read everything you can on personal development. No excuses... Read it all... Start this week with "The Slight Edge". I wish you every success moving forwards 😃
Hi 😊 Is it possible to get a buy to let without having to pay the full 25% deposit? Can you buy a property worth £100,000 for let's say '£92,000' and then use that extra £8,000 to add to your deposit? So instead of putting down £25,000 you can put down £17,000? How does this work? Do lenders accept this? Thank you 😊
Great question, but alas I'm not allowed to answer it because it's financial advice... I am sorry. Can I suggest you speak to your mortgage broker, they WILL be able to help you 😃
Hi Tony,That 10 hours of planning has resulted in a fantastic 7 1/2 minutes of very clear, concise and simple to understand tips...they are all "bleddingly obvious" as you say, but when viewed like this , in another of your slick videos , it's a confidence booster to get on and "Act Now". Keep up the good work. Cheers
Hi my first tenant is due to move out soon could you please advise how do I return her deposit -cash, cheque? does she need to sign anything? thank you
Hi Emma. Ok... Just for the benefit of all... Deposits do need to be protected. Assuming you have no reason to withhold the deposit, I can't see any reason why you can't just return it to them? I use the DPS so when someone leaves, if everything's ok, I just click the "return deposit" button (and fill in some other details) and the money is sent back to the tenant. 😊
Great video.. I save 1000.. Eat less out... Buy a house rent it... Then work another year full time... Buy another place rent it... I am doing RUclips videos to generate another income as I am a nurse
Hi there, yes of course, i hope you find my stuff helpful. If you're looking for my full training program it's here: www.onlinepropertymasterclass.com 😃
How about if you have £7k but have got a proeptty that is around 55 plus reenjovation and to sell for 105k or so? But no where near enough for the bridging tho what else could I do?
Hi! Great video. I have lived and worked most of my adult life overseas and now at 58, want to come home to the UK to live and intend to go into property investment as a business. Please advise on how I can go about doing so.
Hi Tim... That's obviously a somewhat challenging question because there are so many variables, however if you're asking a question like that, perhaps you should consider some property based education?
+Reuben Hi Reuben - thanks for your comment. To be honest with you, there's only so much info I can put into a short video like this and I answer to your question... You could get started with little or even no money.... Our you could get started with lots of money. Do you think it might help people if I did a video on how to get started with xxx amount of money? If so...... How much money do you think I should base my video around?
thanks for the reply mate.. if you could do a video on how much you'd need to start out with would be great. maybe ball park figure of £180000. I think it would help a lot of people... many thanks and keep up the good work . Reubs
+Reuben... I have to say if you're starting out with that sized pot you have some real advantages. Have you enrolled for next week's free course - you're going to find that VERY helpful if that's the amount of funding you have. When you watch it - depending on where you're investing - just keep in mind you should be able to do DOUBLE the deals, by pulling your money out again quickly... That will make more sense when you do the course 😊
@@YourFirstFourHouses true enough, I can't deal with people trashing property, not paying, void periods etc. It can work if you are very choosy about who you put in your properties, but again, the scruffiest person may treat it with respect while the posh looking person may treat it like crap.
I may be delusional but if house prices crash the banks won't lend money for a mortgage, only when house prices stabilise will they. Because why would they give you £100k for a house that is declining in value and will soon only be £80k. If you can't pay the mortgage they've paid you £100k for a house that is now only worth £80k
Jack's Tutorials 100% correct. You won’t save any money by waiting, in-fact its a bad move to sit and wait for something that isn’t guaranteed to work out.
That's what i used to think when i was a kid too, but sat back and watched the market go up and up and up. It's not going to happen. Just buy when you're ready and wait.
If you have a full time job, your second property will be easier as your work income plus potential rental income becomes your total income to borrow on. This increases your buying power moving onto your second and third property etc. Hope that helps.
Hi Paul, I offer coaching or my Online Property Masterclass, which reopens in January. If you can wait until January I'd suggest the course really is very good (though I say so myself) 😊
How much can you REALLY make with real estate in the UK? I would like enough to afford a very nice car (finance a car in the 6 figures) and build long term wealth for a big house when I settle down. Thanks.
Hi Jordi, to be honest, I'm struggling to help you with this one, because it depends on so many different variables. I'm sorry I couldn't be of more help.
Hi Tony, great video, like your style. You pretty much condensed a 3 day basic training course into 7 minutes 24 seconds. Am just starting on my journey and 1 to 4 on your list are covered, 5 is where I'm at. 6 will be challenge as I'm an expat looking to do this from abroad but I have a telephone and visit frequently :-), 7 will be ongoing starting now, 8 yet to start, 9 is already engrained in fact I merged with 4, and 10, if I link to my first property investment purchase, it is etched on my plan for early next year. Now as 5 is where I'm at it's time to watch your "How to research your goldmine" video. Thx, Andy
Your First Four Houses - Hi Tony, thanks and you're welcome. I just watched 3 more of your videos and all very helpful. I'm hooked and will be watching them all without a doubt. Have a great day, or as as a very good friend of mine says after learning to take control over her own path, "create a good day", we all have it in us :-)
Can someone please advise on what I should do with the property I own with my brother please ? Our parents bought us a flat about 10 years ago. We owe £177k to the bank and the property is worth about £320k. I suggested using the equity to get another property. He doesn’t want to do that as he wants to make me sell the property so he can take his £65-70k and Buy his own place. Should I .... 1. Remortgage the flat and Buy him out? 2. Do as he wishes and sell the flat and get a place of my own and wait for equity to build on my own place. 3. Tell him to piss off and I’m not selling. I want the best possible outcome for us both. Please advise. Thanks
Hello Tony, nice to meet you buddy. Nice video, I have subscribed and look forward to learning from you. My name is Scazz and I’m from U.K. too so everything you apply also applies to me lol. I have a few properties and I’m looking to expand. Thanks for your advice. Regards Scazz
![Wiz Khalifa - Khalifa's Home [Official Music Video]](http://i.ytimg.com/vi/wnrLCTe0Nz4/mqdefault.jpg)
Thanks tony. I just bought my 53rd house. So happy.
chris77777777ify do you refurbish them ?
@@AitchT. jamil
Hi, can I ask if you have a company or are they personal property’s?
If you have a company which business structure are you adopting?
Thanks in advance
Regards
53??? wow well done. What advice would you give to someone who hasn't even brought his first proporty???
What is the normal price of small house?
with all the new Taxation and possible rent control I invest else where now I have been a Landlord for over 30 years and I have never seen such changes as we are seeing now The golden days of BTL are ended now Capital Growth will stagnate in the coming years
......i agree we have been hit HARD, however I feel the negativity in our industry is actually opening up some opportunities.
For example... More portfolio landlords are reducing their holdings... this can be an opportunity for active investors to pick up deals.
I also feel the general negativity in the market place is putting off a LOT of newbies, whom... dare I say it... sometimes overpay for deals. Less competition means we can secure better deals.
Lastly... I always suggest we NEVER buy for capital growth and I agree we may not see much of this in the short to medium term. But if you buy for capital growth and don't over leverage you can live a very comfortable lifestyle.
With all of that said, I bow to your long term experience... You've been investing a lot longer than I have. 😊
I feel the UK Govt don't want the PRS ?? who ever we have next Govt I think Rent Control will come and with PRA lending requirements its not going to be a good thing Govt Policy will see the end of our market
I guess I see things slightly differently, but I certainly respect your opinion. Thank you for commenting, much appreciated. 😊
But have you used your capital to produce more value tho?
They will 100% be there in the future though
Great stuff - I see so many people who focus on 1-3 and never actually do 10. Taking action makes all the difference - even when you make mistakes you're learning.
Thank you - very much appreciated... action is everything :-)
Great video most important is Action just do it
Well said 😃
Expat. Currently renting out a 3 bed house. No mortgage. No debt. Hardly any bills. Are there mortgage places for expats?
There are indeed. Feel free to email me and I'll send you a couple of contacts.
@@YourFirstFourHouses Thanks. I will.
Please can you do a video on buying your first one or two and whether to do it within a ltd company or not (pros and cons)?
I think that's a great idea, let me give it some thought - thank you 😊
I’m wondering if I should invest in a buy to let I’m just a little nervous and not sure if it’s right for me. I have about £900 surplus a month and thinking property would be better in the long term. 🤔
Hi Ricky... It worked for me... But of course we each have to make our own decisions. Ultimately the more you learn - the less you'll have to be nervous about.
Thank you so much
But I have a question about investing with your first property
If I buy a property with a mortgage after how long I can sell it if I can find a good buyer with good prophet
Thanks
number 10 "do something"...... usually fear. It took me a bit of time, to stop surfing the net and start the viewings. Even placed offers and had accepted but fell through. Pick up and carry on..... the right one is around the corner that will make financial sense.
Thanks SO MUCH for that awesome comment Tej... I only hope lots of people who follow my content get to read it... VERY well said 😃😃😃
Mr Tony I would like to know .i would like to invest for property.What do I need to do .What kind of licences I need and where can I make a license.
As always good tips
Thank you - much appreciated 😊
@@YourFirstFourHouses whats your opinion on samuel leeds?
The covid pandemic has been terrible for people’s livelihoods and businesses lately. In my opinion it is going to accelerate and magnify the 18 year property cycle. Housing prices really do need to drop considerably because they are running far away from most people being able to afford them.
I have really enjoyed the content Tony, the education you provide has made me realise it is not as easy as just buying houses. Understanding tax, section 24, job income, goals etc. has really made me re-think everything again.
At this point, I really need to save and keep an eye on the market, then hopefully structure my next BTL’s into a limited company to be more tax efficient.
Cheers
Very well said Arthur and thank you for your kind words 😃
Thanks for the excellent video on UK property investment
Thank you 😃
good work
thanks
Thank you Muhammad, very much appreciated 😊
I’ll be honest fear is a big thing... getting my own place 2018. 2019 is BTL year. I’ve subscribed!
Excellent 😊
bo55ola what’s the fear of exactly?
i m thinking about buying a condominium of 10 flats to rent, how much taxes should i pay?
Speak to your Accountant regarding this.
Hi Tony , I am 15 and not doing so well in school and looking to get into real estate. Is there any tips for me as I get older and time is on my hand. Thanks Kian!
Hi Kian, my suggestion is to push really hard at school... Knuckle down and get everything you possibly can out of that education.
At the same time read all you can on property. Go buy some property books, but also read everything you can on personal development.
No excuses... Read it all... Start this week with "The Slight Edge".
I wish you every success moving forwards 😃
Hi 😊
Is it possible to get a buy to let without having to pay the full 25% deposit?
Can you buy a property worth £100,000 for let's say '£92,000' and then use that extra £8,000 to add to your deposit?
So instead of putting down £25,000 you can put down £17,000?
How does this work?
Do lenders accept this?
Thank you 😊
Great question, but alas I'm not allowed to answer it because it's financial advice... I am sorry. Can I suggest you speak to your mortgage broker, they WILL be able to help you 😃
good tips
Thank you 😊
Hi Tony,That 10 hours of planning has resulted in a fantastic 7 1/2 minutes of very clear, concise and simple to understand tips...they are all "bleddingly obvious" as you say, but when viewed like this , in another of your slick videos , it's a confidence booster to get on and "Act Now". Keep up the good work. Cheers
Thanks so much Mark.... That is incredibly kind of you.... I'm delighted you found it helpful 😃😃😃
Hi my first tenant is due to move out soon could you please advise how do I return her deposit -cash, cheque? does she need to sign anything? thank you
Hi Emma. Are you holding the deposit? How is it protected? Is it with the DPS?
Your First Four Houses Hi I am holding the deposit I did not protect it thank you
Hi Emma. Ok... Just for the benefit of all... Deposits do need to be protected.
Assuming you have no reason to withhold the deposit, I can't see any reason why you can't just return it to them? I use the DPS so when someone leaves, if everything's ok, I just click the "return deposit" button (and fill in some other details) and the money is sent back to the tenant. 😊
Your First Four Houses Yes of course I will return the deposit, I was only wondering whether I give it back by cash or cheque
Oh I see, I am sorry. I'd do a BACS transfer - and would probably advise against "cash"
Great video.. I save 1000.. Eat less out... Buy a house rent it... Then work another year full time... Buy another place rent it... I am doing RUclips videos to generate another income as I am a nurse
I wish you every success Ekenna 😊
Ahi Tony just came across your channel, and started watching your very inspiring videos. Looking forward to many more👍
Thanks Mara - that's very kind of you - and much appreciated... I'm delighted you found them inspiring 😃😃😃. Lots more on the way 😊
Good content my friend
That's very kind of you and greatly appreciate 😃
Hi there... can I learn from you ?
Hi there, yes of course, i hope you find my stuff helpful. If you're looking for my full training program it's here: www.onlinepropertymasterclass.com 😃
Seems like the government are hell bent on taxing people out of renting in the UK. What about buying in Ireland?
Interesting idea 😊
Do you get multiple mortgages on multiple houses and just rent them out I take it?
That's certainly one way to do it - yes 😊
That's certainly one way to do it - yes 😊
How about if you have £7k but have got a proeptty that is around 55 plus reenjovation and to sell for 105k or so? But no where near enough for the bridging tho what else could I do?
The obvious one would provost be to work with someone... either as a JV or straight loan. I hope you manage to find a solution... Good luck 😊
We liked number 3 - Negotiation skills.
Thanks Luxus - you're right - having some "Negotiation" skills is really important :-)
Hi! Great video. I have lived and worked most of my adult life overseas and now at 58, want to come home to the UK to live and intend to go into property investment as a business. Please advise on how I can go about doing so.
Hi Tim... That's obviously a somewhat challenging question because there are so many variables, however if you're asking a question like that, perhaps you should consider some property based education?
you don't explain how much money you need to start off..
+Reuben Hi Reuben - thanks for your comment.
To be honest with you, there's only so much info I can put into a short video like this and I answer to your question... You could get started with little or even no money.... Our you could get started with lots of money.
Do you think it might help people if I did a video on how to get started with xxx amount of money?
If so...... How much money do you think I should base my video around?
thanks for the reply mate.. if you could do a video on how much you'd need to start out with would be great. maybe ball park figure of £180000. I think it would help a lot of people...
many thanks and keep up the good work .
Reubs
+Reuben... I have to say if you're starting out with that sized pot you have some real advantages. Have you enrolled for next week's free course - you're going to find that VERY helpful if that's the amount of funding you have.
When you watch it - depending on where you're investing - just keep in mind you should be able to do DOUBLE the deals, by pulling your money out again quickly... That will make more sense when you do the course 😊
Isnt buy to let too much stress? Isnt it better to buy to sell
I guess it's all a matter of personal opinion really.
@@YourFirstFourHouses true enough, I can't deal with people trashing property, not paying, void periods etc. It can work if you are very choosy about who you put in your properties, but again, the scruffiest person may treat it with respect while the posh looking person may treat it like crap.
The govt are now consulting on moving stamp duty to the seller. So if you already paid it on purchase, you will now pay on selling.
Praying for the imminent recession and housing market crash to coincide with reaching my first deposit goal ✝🛐✝
I'm literally thinking the same thing
I may be delusional but if house prices crash the banks won't lend money for a mortgage, only when house prices stabilise will they. Because why would they give you £100k for a house that is declining in value and will soon only be £80k. If you can't pay the mortgage they've paid you £100k for a house that is now only worth £80k
Jack's Tutorials 100% correct. You won’t save any money by waiting, in-fact its a bad move to sit and wait for something that isn’t guaranteed to work out.
Good luck getting a mortgage during a property crash. Not going to happen
That's what i used to think when i was a kid too, but sat back and watched the market go up and up and up. It's not going to happen. Just buy when you're ready and wait.
Great. Well Presented ......Enjoyed Watching
Thank you Tijo, greatly appreciated 😃😃😃
Another great! video TonyThank you
Thanks mate - much appreciated :-)
currently at property one. trying to learn as much as possible about raising funds on a small income. great videos :)
Thanks Luke - greatly appreciated 😃
If you have a full time job, your second property will be easier as your work income plus potential rental income becomes your total income to borrow on.
This increases your buying power moving onto your second and third property etc.
Hope that helps.
Great video Tony. Do you offer a mentoring/coaching service?
Hi Paul, I offer coaching or my Online Property Masterclass, which reopens in January.
If you can wait until January I'd suggest the course really is very good (though I say so myself) 😊
@@YourFirstFourHouses great stuff Tony. Jan is perfect. Thanks for responding.
No trouble at all
How much can you REALLY make with real estate in the UK? I would like enough to afford a very nice car (finance a car in the 6 figures) and build long term wealth for a big house when I settle down. Thanks.
Hi Jordi, to be honest, I'm struggling to help you with this one, because it depends on so many different variables. I'm sorry I couldn't be of more help.
Hi tony I liked this video. Could you expand on these points in one of your live broadcasts? Thanks
Hi Louis... I think that's a GREAT idea... Let me give this some thought 😃
Is it illegal to rent ur garage out to a family
Ummm... That kind of sounds a tad dodgy to say the least 😳
@@YourFirstFourHouses
But my neighbors have a family living in their garage for over 6 years now.
Tony this all makes sense and would love to join the course... Thanks for you generousity
+Ian Turton... My absolute pleasure Ian - I hope you find it beneficial 😃
.... Have you enrolled yet?
+Ian Turton My pleasure Ian 😊
Hi Tony, great video, like your style. You pretty much condensed a 3 day basic training course into 7 minutes 24 seconds. Am just starting on my journey and 1 to 4 on your list are covered, 5 is where I'm at. 6 will be challenge as I'm an expat looking to do this from abroad but I have a telephone and visit frequently :-), 7 will be ongoing starting now, 8 yet to start, 9 is already engrained in fact I merged with 4, and 10, if I link to my first property investment purchase, it is etched on my plan for early next year. Now as 5 is where I'm at it's time to watch your "How to research your goldmine" video. Thx, Andy
Wow - thanks so much Andrew - that is VERY kind of you... You've made my day! 😃😃😃
I wish you every success moving forwards! 😃
Your First Four Houses - Hi Tony, thanks and you're welcome. I just watched 3 more of your videos and all very helpful. I'm hooked and will be watching them all without a doubt. Have a great day, or as as a very good friend of mine says after learning to take control over her own path, "create a good day", we all have it in us :-)
That's a GREAT saying! You too 😃
MY PLEASURE THANKS.
Can someone please advise on what I should do with the property I own with my brother please ? Our parents bought us a flat about 10 years ago. We owe £177k to the bank and the property is worth about £320k. I suggested using the equity to get another property. He doesn’t want to do that as he wants to make me sell the property so he can take his £65-70k and Buy his own place. Should I ....
1. Remortgage the flat and Buy him out?
2. Do as he wishes and sell the flat and get a place of my own and wait for equity to build on my own place.
3. Tell him to piss off and I’m not selling.
I want the best possible outcome for us both. Please advise. Thanks
Now you would pay extra stamp duty.
Hello Tony, nice to meet you buddy.
Nice video, I have subscribed and look forward to learning from you.
My name is Scazz and I’m from U.K. too so everything you apply also applies to me lol.
I have a few properties and I’m looking to expand.
Thanks for your advice.
Regards Scazz
Thanks Scazz 😊
Very helpful! It's great that you broke it down into 10 simple steps. Thanks :)
Thanks James 😊
I’m 18 and am saving to buy my first house with my friend excited to say the least.
I wish you every success moving forward Harrison 😃
Go for an old place instead of new build that way you can add value to the place
Great advice 😊
Can I be your student?
I'm just about to begin my journey in this field. I'm excited to get started and very appreciative of your videos. Thank you :D
That's great to hear!... I wish you every success :-)
Mat Hadfield hi are you looking fir a partner? can i join you?
Hi... A partner in what?
Hi... A partner in what?
Hi... A partner in what?