We invest in Rent to Social Housing... here's how we do it.
HTML-код
- Опубликовано: 21 авг 2024
- 👇🏻👇🏻👇🏻 TALK ABOUT INVESTING WITH ME👇🏻👇🏻👇🏻
www.calendly.com/jonnymarsden/20min
📩 GET SENT LIVE DEALS 📩
www.jonnymarsden.co.uk/get-in-touch
🏠 HOW DOES RENT TO SOCIAL HOUSNG WORK? 🏠
www.jonnymarsden.co.uk/howitworks
💷 WATCH YOUR MONEY GROW WITH OUR RENT TO SOCIAL HOUSING CALCULATOR 💷
www.jonnymarsden.co.uk/the-wealth-builder
Don’t forget to like, comment, and subscribe to @jonnymarsden for more invaluable insights!
Follow me:
👇🏻👇🏻👇🏻
IG: @jonny.marsden
TikTok: @jonny.mars
LinkedIN: linkedin.com/in/jonnymarsden
Rent to Social Housing and the Social Housing strategy in general, is getting more popular amongst property investors due to the strong returns and incredible social impact.
But how does it work and how is it set up?
In this video I should scratch a few of your Rent to Social Housing itches.
![Do not touch Rent to Rent. I'll explain why. [Stops you being a property millionaire]](/img/1.gif)
Not always this straightforward. For instance, my neighbour rented his flat to a housing trust. As you're aware, they house people from all walks of life who are likely to engage in antisocial behaviour. Long story short, my neighbour got assaulted by an individual the housing trust sent to the property. The whole building complained about it and forced the landlord to end his contract with the housing trust. It's a risky business
I’m sure you’d agree that no investment is straight forward and comes without some element of risk. Any providers do house people from all walks of life, but that doesn’t make them more likely to engage in antisocial behaviour. Siting just one rare occurrence isn’t enough to make a blanket statement like this. I’m sorry to hear about what happened to your neighbour, but please don’t tarnish all with the same brush. What you’ve mentioned is not common and shouldn’t be seen as so.
Thanks for the extra info on this subject. Amazing return on investment!
Thanks! Happy that you agree on the great returns!
We want to do a first time HMO, we're in the Bradford/Halifax area and we cannot seem to find any Social housing that will take us on a deal, the council schemes don't offer what these kinds of videos seem to suggest. I wonder where we're going wrong, the social housing providers only want to buy their own houses, they wont take ours on. Many thanks, great video.
Thanks for the comment and I'm glad you got some value! Sorry you can't seem to get the numbers workings, there's so many moving parts to this. I'd be more than happy to help you out with your property problem though - you can get in touch with the link in my description 👍🏼
did you get any help? im also bradford based
What happens to the initial investment? Will the investor get that money back after the term period?
In this example, £15,000 as the initial investment.
Hey Vishnu, thanks for commenting! The repayments are essentially paying back your original investment PLUS your interest each month. Essentially the investor is paid back their original investment before the term period ends. Does that help?
So basically i need to fork out approx £80k on a property to give you with an additional £15k to receive £650 per month for 3 years.
However i see on RUclips where a different company is asking for £13.5k & gives £500 per month for 3 years which would save me forking out on a £80k property.
I know my return will be less however I'd still have £80k in my pocket.
Your thoughts please 🙂
Hey, thanks for your comment!
You threw me off a little here and made me go back through the whole video as I was CERTAIN I didn't mention £80,000 anywhere... where did you get that figure from?
The way in which we would work with an investor is similar to the latter of what you have mentioned. We ask for approx £15,000 and pay you back approx £600 a month.
I honestly don't know where you've got this £80k figure from...
@jonnymarsden
Hi sorry..
The way I understood is that I would give my property (£80k) plus an additional £15k to rent property..
Or is it I just give the £15k without a property & I receive a monthly income?
@@DaTruth1017 no need to be sorry! The second way you explained it is correct 👌🏼
@@DaTruth1017 if you’re interested to know more, you can chat with me about how this works here; calendly.com/jonnymarsden/20min
Oh wow this is. Good investment
Too right!
great video, love what you do. Would definitely love to meet and discuss business, currently in the rent2rent space. But more SA, would like to get into the rent 2 social housing or HMO
Thank you so much! Let's talk, you can reach me here; www.jonnymarsden.co.uk/book-a-call
What security structure do you have in place in the event you went bust?
Hi Daniel, great question. I’ll be covering this off in a video coming up soon, but in short we have it written into the contract that a legal representative have to assign the rent straight to you, our investor, rather than it coming through us first. This is a question we get A LOT, and one that we’re very happy to provide security on.
Amazing return! How do you find a local social housing provider? I have just inherited a 4 bed property in Luton. Thank you in advance!
No way! My family live in Bedfordshire, small world. There’s lots of ways to do this, too many to mention on here really. If you visit the link to my website (in the description) and pop your contact details in I can definitely introduce you to a provider. How does that sound?
Perfect thanks! All done :)
So for their £15k, the client is making a profit of around £220 per month
Yeah our investor would have made a net profit of £220 a month.
So if you were capable of purchasing say 10-15 of these R2R Social Housing units. You could massively grow your investment over a short period of time continuously reinvesting back into social housing? Seems like a great way to grow capital. Do you have a lot of investors that do this? What are the major pitfalls with this sort of strategy? Also what usually happens after the 3-5 year contract? Are the contracts often renewed?
Hey there, thanks for your comment!
Exactly that. I've actually put together a calculator showing how your investment can compound over time, just a few finishing touches and I'll be releasing it to the public.
Almost all of our investors do this. For example; they invest £75,000 and receive an income of £3,000 a month from that. In 25 months they're monthly payments would have reached £75,000 and they can afford the next investment, but now they have £6,000 coming in a month. And so on and so on.
Pitfalls would be us, the landlord or the provider going bust - but we have measures and security in place for that.
There's a lot of moving parts with contract renewals so I couldn't give a conducive answer, but in short there's always new options available.
Hope that helps, feel free to contact via the link in the description if you want to know any more!
What are the implications regarding insurance on the property?
Very open ended question - can you be more specific?
Any suggestions for housing provider in West Midlands?
Definitely, go to Serco for Midlands.
A great way to earn passive income through property. Very interesting!
Glad you liked it!
Definitely not passive 😅
@@milkyporridge5929 🤣 What makes you say that?
@@jonnymarsden 🤣🤣
@milkyporridge5929 - I know it’s hard to believe, but it is passive - don’t spend a single second on it and haven’t done for the last 12 months!
If the company goes bust do you lose your money or is it paid back by social housing? I’m sure there is a contract in place so you are covered?
Hi, which company are you referring too? There’s is a contract in place to cover you yes 👍🏼
here you manage bills etc or the provider?
Generally we don't manage bills 👍🏼
Just won't be bills included like when u rent normally. You pay bills yourself put in your name.
This guy is actually looking for investors. You will never own any property portfolio, he just want your money.
Cheers Geoff ⚽️🎙️
If this was legit…
You defo would have more likes and positive comments 🤔
Thanks for the comment Tony. What makes you think the legitimacy of these deals rides on the popularity of this videos comments and likes? Bit of a weird way to judge a property investment!
You say it’s government backed?
No investment is risk free and if it was everyone would be doing it?
The only place I see this advertised is from property investors, middlemen asking for money and leaving all the work to them?
What happens if your company goes bust is it a full money back guarantee as well? 🤔
Absolutely 100% couldn’t agree with you more, no investment is risk free. I’ve been investing for 13 years now and every investment I’ve made has had some element of risk to it.
You will never hear me saying these are risk free so I can only assume you came to this conclusion on your own, or have you heard this elsewhere?
The providers we work with have won government / home office backed contracts.
I don’t understand your question - leaving all the work to who? Genuinely interested in what you mean here.
No one should be offering a full money back guarantee on company bankruptcy, I’d be worried if they were mate. We also don’t offer any guarantees.
As far as I know only the bank should be offering money back guarantees, up to £85k.
That’s not to say we are without security though, we do have it in place.