How to buy your first Buy-to-Let?

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  • Опубликовано: 10 сен 2024

Комментарии • 53

  • @PaulSmithTouchstoneEducation
    @PaulSmithTouchstoneEducation  2 года назад +5

    ENJOYING THE CONTENT?!👀
    Take a deeper look into this topic with the free training below! ⬇️
    shrtlnk.co/5SYmo

  • @karenbarker9474
    @karenbarker9474 Год назад +2

    if only I had found a company like this to work at in my 20's

  • @possle
    @possle 2 года назад +1

    At 33 I can't get my head around how easy this all sounds.
    I ever even though about owing 2nd properties but it's something I have to look into now.
    Credit due to anyone who does this and is living of it 👍

  • @lewisjaffrey5527
    @lewisjaffrey5527 2 года назад +2

    Mind Blown!! thanks so much for this!. How long do you need to wait between 95% mortgages as you need to live in them both right?

  • @evka24
    @evka24 4 месяца назад

    Gosh I am shocked how cheap are the properties out of London😮

  • @mushroomheart
    @mushroomheart 8 месяцев назад

    If I bought a house for BTL, would I struggle to get a BTL mortgage if I don't own my own home? Am selling my home & will be renting a room or doing camper van life for a wee while. Thanks.

  • @philipelliott3999
    @philipelliott3999 5 месяцев назад

    Can you find me a cheap property to buy and let? I have no experience but dreaming of becoming a property developer

  • @jamiemorton1765
    @jamiemorton1765 2 года назад +2

    That old man will be penniless she will take all his money

    • @PaulSmithTouchstoneEducation
      @PaulSmithTouchstoneEducation  2 года назад

      Maybe, but if he is of sound mind (which he is) and has decided on a course of action, that is up to him surely? Maybe it all turns out for the best.. I hope he is happy.

  • @rickyvanniekerk771
    @rickyvanniekerk771 2 года назад +1

    Definitely was the plumbers fault. Never assume an old pipe (or tank) is empty!

    • @PaulSmithTouchstoneEducation
      @PaulSmithTouchstoneEducation  2 года назад +1

      I guess so but if that is the biggest problem we had that day.. in the scheme of things, not. disaster. Good luck.

    • @rickyvanniekerk771
      @rickyvanniekerk771 2 года назад +1

      @@PaulSmithTouchstoneEducation definitely! These things happen, and we learn from them. Love the channel and I’m learning so much getting more confident and less scared with each video. When I get going on my own prop journey I’m sure ill have some similar experiences! Keep up the brilliant work Paul! Maybe you can do a series on mistakes and bad experiences too? I think we learn so much from mistakes and adversity.

    • @PaulSmithTouchstoneEducation
      @PaulSmithTouchstoneEducation  2 года назад +1

      @@rickyvanniekerk771 I wrote a book on my biggest mistakes! Property Investment Survival Manual ..... My 6 biggest bloopers!

  • @funnycontentfraz5292
    @funnycontentfraz5292 3 года назад +1

    Alright then....
    I have a house, with tenants, covers my mortgage and some. And yet I still need 25% deposit for a second house, please tell me how I can avoid this and make it work?
    Because these videos always sound so glamorous, however, I still am not able to get this even with speaking to several mortgage advisors.

    • @PaulSmithTouchstoneEducation
      @PaulSmithTouchstoneEducation  3 года назад +1

      Exactly as I showed how to do in this video.. there are numerous ways and mortgage advisors will be unable to help you ... in this case: buy well for cash, add value wisely for cash, mortgage at the end and recycle all your money. You learn how to do this and you will have a large portfolio very quickly. Good luck.

    • @helengunby9628
      @helengunby9628 2 года назад

      Key is to find below market deal like in the video. A buyer selling property with 40k discount already gets 40k equity into buyer's pocket.

  • @adlcorbett
    @adlcorbett 3 года назад

    Have you made a video discussing considerations of how to hold the properties ie personal, LLP / Ltd, SSAS etc and strengths/ limitations? Thank you.

  • @andybrotherton839
    @andybrotherton839 3 года назад +3

    I hayt you vidoos

  • @DineshKumar-ni9yc
    @DineshKumar-ni9yc 2 года назад +1

    Nice work

  • @seanb-ol3up
    @seanb-ol3up 3 года назад +1

    Hello I've recently got a new job being self employed, I'm making 60k 70k per year, I dont pay tax until the end of the tax year on this, how do I start off building a property portfolio ? What exactly is the first thing I should do? Thank you any help would be much appreciated

    • @vincenzodavian5039
      @vincenzodavian5039 3 года назад

      I guess I am quite off topic but do anybody know a good website to watch newly released series online?

    • @alaricmarvin6332
      @alaricmarvin6332 3 года назад

      @Vincenzo Davian I watch on FlixZone. You can find it by googling =)

    • @andreskristopher4780
      @andreskristopher4780 3 года назад

      @Vincenzo Davian I use FlixZone. You can find it by googling =)

    • @terrancedaxton3781
      @terrancedaxton3781 3 года назад

      @Andres Kristopher Definitely, have been watching on FlixZone for since march myself =)

    • @axelkonnor409
      @axelkonnor409 3 года назад

      @Andres Kristopher thank you, I went there and it seems like a nice service :D I really appreciate it !

  • @bob1232010
    @bob1232010 3 года назад +1

    Please show us the end result 👍🏻

    • @PaulSmithTouchstoneEducation
      @PaulSmithTouchstoneEducation  3 года назад +1

      One is now finished and valuation in a few days, other one will be a week or so ... we will wrap these 2 up with actual mortgages, final costs etc...

  • @britsfirstfitness5026
    @britsfirstfitness5026 3 года назад

    C63 my next car 🚗

  • @kwakuduah5152
    @kwakuduah5152 Год назад

    When can I come for some training

  • @vincentl.9469
    @vincentl.9469 3 года назад +2

    the general view, including yours , is BTL has become more problematic and less profitable than before...

  • @malcolmbrownson5205
    @malcolmbrownson5205 3 года назад +2

    Once the Value has been established lets say £300,K...Then Sell it on to a Tenant Buyer!! ie RENT 2 BUY!!

  • @ashford37
    @ashford37 3 года назад +3

    Great insight just feel bad for the old guy :(((

  • @quintuskalupahana1919
    @quintuskalupahana1919 3 года назад

    Can we discuss with you over the phone

  • @neiljones-zt5nu
    @neiljones-zt5nu Год назад

    Paul you have to start wearing a mike :)

    • @evka24
      @evka24 4 месяца назад

      Or you need a hearing aid 😂

  • @Ionutcornea123
    @Ionutcornea123 Год назад +1

    To many add .

  • @Insectoid_
    @Insectoid_ 3 года назад +1

    I don’t care about money. I had it and it ruined my life. I have no self control sadly. If I had unlimited money I’d end up dead. I must have spent hundreds of thousands of drugs and gambling.

    • @PaulSmithTouchstoneEducation
      @PaulSmithTouchstoneEducation  3 года назад +2

      Very sad to hear ..... we need to learn to be wealthy to stop this happening.. Good luck my friend

    • @evka24
      @evka24 4 месяца назад

      Maybe you need some treatment …maybe you have some condition ..like adhd. And tablets would help you. I hope you will find the way. You can if you really want to ❤

  • @margaretiziren9421
    @margaretiziren9421 2 года назад

    Bargain

  • @tonnywhite123
    @tonnywhite123 3 года назад +2

    driveway without a dropped kerb = a no no