I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
wish I found your channel earlier. I'm a self employed bricklayer who works most hours god gives us. always had plans in the background for the future now after watching your channel you have gave me a good instinct to act and move forward. Brilliant attitude well done you.
This is what Samual did not tell you... the lower the property value usually the higher your rate of return BUT the lower your property value usually the lower your appreciation of the property. I don't know what is the right move. For example, my sister's home is in a pouch neighborhood and the value over the last 25 years went from 435K to 3.6million ($500K invested in renovations). And 25 years ago a cheap condo in poor area cost 60K and today it is worth 150K. This is two extreme cases but you should get my point. And honestly both are good and you need to start somewhere, I own 8 properties and I still am afraid to invest in a pouch area but I now stay away from the poor areas as well. My first two properties were in a poor area and they give me the biggest ROI. Another thing to consider is ONE bathroom and ONE kitchen equals ONE problem. The more you make on each problem the better situation you are in... I would rather profit $1K a month on one bathroom and one kitchen rather then profit $500 a month. Spreading yourself thin is always a bad idea but yes you need to start somewhere. Just make sure you have an emergency fund available, just in case.
Hi John I saved up 20k and I would like someone to guide me. You can charge me for your time I don't mind. Please ask for my socials if you're willing to do so.
great advice! Thank you so much, I am actually just a 23 year old trying to understand the property market in the UK because I would like to settle down here. Your point on the management company is excellent and can't wait for more of your content!
If you put your money in the stock market and you get an 10% return you will not double in 10 years. It's compound interest not normal interest on the base. So you need to do investment X 1.1^10 = 259,37%, so the returns will be higher.
I agree that Buy to Let is a great idea. I personally have 8 rentals. But TODAY, IMHO, is not a good time to buy. You make your money in Real Estate by buying low and not by buying high. There could be a recession around the corner and I think it is too risky to get into the game right now. There is currently half a million tenants that have stopped paying rent and are close to eviction. The point is, you buy, you rent it out.... and you tenant stops paying you rent, and you are completely screwed.
@@jaycordt8910 And you think it is so easy to evict your tenant and that there is no cost to this... PLEASE GET REAL. There is over 500K people that have stopped paying rent... why are these people still in their unites? Getting started in Real Estate is hard and it only gets easier (financially) after that and the more properties you own the less of a risk you have when someone does not pay rent. I have personally experienced non payment of rent and it is not so bad when you have 8 rentals.
Thank you Samuel. Looking forward to you coming to Australia to help us. Thank you, thank you. Appreciate your beautiful soul for helping people financially free.
Buy to let mortgage typically is max loan to value of 75%, so as soon as you have 25% equity you should find it easy to arrange a buy to let mortgage. You just need that 25%
The only reason that i would buy somewhere near me. Is to go and veiw it easier, i might want to go 3 times, and if i have to wait for weekends to go do that. Properties right now at least are flying out of estate agents windows. Plus i know my local estate agents and their mamanegemt teams, so i feel i already have a step up than going somewhere new. I'm not sure if that has an affect on ho you look at buy properyy. Thank you for your continued amazing work.
Unless I’m mistaken u can take loans to invest in the stock market, with provided your other assets total more or equal to the loan, very useful video though I’ve learnt a lot from you
You can do this in the stockmarket it's called a CDF (contracts for difference) you can leverage x100000 the risk is if it goes the otherway you lose x100000. But you can leverage with stocks and bitcoin
Hi Samuel, I am presently watching your 7 days challenge with Evans and I know I am next on the list. I am in a situation right now and that sor of help will go a long way for me.
You can borrow from the bank via a low interest personal loan and invest into the markets. A mid terrace in Norwich will find it hard to appreciate as well as Apple, Amazon, Microsoft etc. Horses for courses for sure but diversification is important and the right advice. Bricks and mortar are great but illiquid.
Taking on debt to buy stocks isn't like buying a property. A mid terrace in Norwich produces monthly rent to service the debts. Apple & Amazon could fall a lot in the short term like they have now and leave you stuck with a debt to service out of pocket and assets worth less than you paid for it. Its really risky to loan to buy shares.
@@Occido391 I appreciate the insight but the emphasis would be on investing in the markets, not individual stocks/equities. Compare the performance of the US's S&P 500 over the last 10 years with the UK house market over the same period for example. A property of £200,000 might now be worth £300,000. However an investment of £200,000 into the S&P would be worth £570,000! The mortgage rate and personal loan rate will much the same. I do accept that the property would bring in rental income as well as appreciation so let's add £120,000 to the equation for that and you're still £150,000 worse off. On top of that performance, you'd have benefited from a falling Pound too. Perhaps more importantly, you've also been liquid and able to draw down on your stocks at any time without needing to remortgage your house and be stuck for 10 years with little contingency planning as you have little or no liquidity. Leveraging to buy index tracking funds will always work out more effective. People don't as they don't like personal loans and are very uneducated when it comes to money, preferring to take the road others do instead.
Wouldn’t rely on size of property on an EPC as depending on certain criteria’s the conservatory, loft room, basement and porch May or may not be included in the report.
Why have I never heard of you. I’ve put myself down for your 1 Day Crash Course. Be aware I have no experience or understanding but will Try my best to get some initial knowledge before the date
Sam, your info is wrong 1) 10% annual return for 10 years ≠ 100% growth because of compounding. It would be 1.1^10 which is 2.6 2) You say you can't borrow money to buy stocks/gold/crypto - yes you can it's called margin and it's not uncommon for people to use
My wife and I have a rental property simply through her moving in with me last year. Her flat has gone up 40k in 5 years! Plus we've been getting 650 quid a month. Now I've got the taste... Been thinking about expanding a lot. Recently I've been put off with everyone fretting about the BTL landscape. This video made me aware my lack of experience might be skewing my perception.
Great video Samuel. I took your advice and am in the process in buying my 3rd BTL in the first year of property investing. Thank you for your inspiration 🥰
Hi Samuel , great channel ,just recently subscribed ,I've always thought of investing in the property market and your channel is very inspiring. Thanks
Most people are taught that "you only need a good job to become rich". These billionaires are operating on a whole other playbook that many don't even know exists.
Yeah, you're tired if you get a job and if you invest your money wisely it's called slow and steady. You're the turtle. You will become rich when you retire. And this is true. But most people don't have the patience and the understanding on how to invest properly, most people buy nice cars, nice TVs etc. And blow their money that way in life.
Very good as always my man, huge fan, however I agree with your comments on leverage, technically there are ways to use your crypto or gold or silver as leverage in the modern age. I use borrowed money and assets for trading with leverage regularly and also for providing liquidity for investments :) Just a thought :) Keep up good work. Looking to get involved more in property over past year and some of your videos have been extremely useful for background information :) lots of love CEC
So lets say i have a good amount from my previous job enough for a deposit but currently i am unemployed how could i then get a mortgage? Do i have to be full time employed ?
With this particular recession comes higher costs from inflation and borrowing. These offset higher rents and lower house prices. Could easily be a good time to invest if you can lock in borrowing.
The wisest thing that should be on everyone's mind currently should be. To invest in different streams of income that doesn't depend on government, especially with the current especially with the current economic crises around the world.
Working with Romero pieto is the best thing that can happen to a beginner trader who is aspiring to be fruitful out of the market he is trustworthy and straightforward we surely need more men like him in trading world.
Mr Romero pieto trades on my behalf due to my tight schedules and he is indeed absolutely doing great, my last investment of $16,000 he gave me my ROI of $87,000 in a period of two weeks isn't that amazing.
Ur not just helping people who invest or sell/buy in real estate I do use ur advices and energy in my field I build computers buy and sell electronics keep teaching us things love u bro
Can you give us a little more information about the tax implications? I have a mate who owns a lot of properties and he said it’s probably just as effective popping your money in a good ISA these days.
ROI= How much money am i putting in? Deposit Stamp duty Legal fees I.e. $50k VS How much cash am i getting back? The rent - mortgage payments - maintenance - the voids - the management ~ how much profit am I expected to make each month? Annual profit / total (cost I think he means) investment = ROI Never buy unless ROI = 15% per Annum
hi samuel i am planing to buy investment property in Middlesbrough just need yout advice on using property on airbnb instead of AST, is there a good potential in Middlesbrough for making money through airbnb strategy?
i have £400,000 and I’m investigating this as a Business In Wales there are 2 bed houses for as little as £28,000 we are looking to buy around 4 of them and a Commercial property with 3 Flats above for £94,500 , the rental for all properties is around £4500 to £5000 No Mortgage, We will have around £200,000 in the Bank left as backup,We then want to get a £400,000 Mortgage with £50,000 deposit and a repayment over 25 years at £1956 to Buy More Homes is this Viable ?
Entirely dependent on the lender. If you specifically want to rent out as soon as possible then get a buy to let mortgage and you can rent it out after you own the house, if you get a traditional mortgage it might not be allowed at any point until you remortgage to someone who will let you, or some lenders will let you swap once you have the correct amount of equity for a buy to let mortgage (this is how I did it). Buy to let mortgage typically is max loan to value of 75%, so as soon as you have 25% equity you should find it easy to arrange a buy to let mortgage.
Similar concept to Crypto Staking, using cryptos such as Ethereum and Bitcoin that on average over the last 5 years have increased in value. By staking your holding the asset which should increase over time but you also receive a 6%-8% APY on top of your potential profit from holding the assets!
Hi San. I have money to invest but not the time as I keep extremely busy at work. What are my options? It would be nice to have a good team of partners to work with. Please advise
Hi, I have 60k to pay off on my mortgage for a 1 bed flat but I am planning to buy a house with my partner going halves. Shall I just try to pay off my one first mortgage so it will truly be an asset?
If you wanna be successful , you most take responsibility for your emotions , not place the blame on others . In addition to make you i feel more guilty about your faults , pointing the finger at others will only serve to increase your sense of personal accountability . There's always a risk in every investment , yet people still invest and succeed . You must look outward if you wanna be successful in life
Hi Samuel. Thanks again for all your excellent content! We are looking to get our 5th property (can’t believe it)!! - and am after some advice. We are considering an air bnb type property - in Wales, which I’m not familiar with (our others are standard btl in England). Do you (or anyone else) know the ins and out of the taxes, and any other expenses bearing in mind it is Wales? Any tips or advice would be really really appreciated. Thanks Dave T (long term fanboy 😂🤙🏻)
I have 50% leverage accessibility on my Degiro investing account. I'm not sure where you heard you can't leverage stocks mate but that's wrong!! Intact you can buy preleveraged positions in both directions
The concept... get a Landlord to do a long term rental, let's say 5 years... YOU NEED TO GET A GOOD PRICE. The LEASE must state that you can rent out the place to who ever and at what ever price you decide. Now... REALITY... you need a dumb landlord cause a landlord with any brains would not sign a lease like that.... in my mind this is almost a con.
Something I definitely have in mind to do … but not this way that attracts me attention I’m sure there is a new way …. These very less opportunities in property…. Maybe one day I would open the doors to a new way 🥰🧡
so wait. so i understand. does it work like this. you pretty much save some money for a deposit, morgage a house then rent that house out for more than it costs to morgage the house and let a managment company do all the work for you (if needed) so then your making income without doing pretty much anyhting??
Sounds good until tenant don’t pay rent .. Iv watched those shows on tv where landlords then have to go to court to repossess whilst paying the mortgage for months trying to get tenant out …
Because you’ll use the tennant to pay the mortgage for you + profit and you can use that liquid cash to put a deposit on another property and repeat. This way you houses are getting paid for and you can build a portfolio
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
@Elijah-Nikolas That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@Elijah-Nikolas I will give this a look, thanks a bunch for sharing.
wish I found your channel earlier. I'm a self employed bricklayer who works most hours god gives us. always had plans in the background for the future now after watching your channel you have gave me a good instinct to act and move forward. Brilliant attitude well done you.
1 year on what have you done ?
@@CcOo-td8exlove this comment
This is what Samual did not tell you... the lower the property value usually the higher your rate of return BUT the lower your property value usually the lower your appreciation of the property. I don't know what is the right move. For example, my sister's home is in a pouch neighborhood and the value over the last 25 years went from 435K to 3.6million ($500K invested in renovations). And 25 years ago a cheap condo in poor area cost 60K and today it is worth 150K. This is two extreme cases but you should get my point. And honestly both are good and you need to start somewhere, I own 8 properties and I still am afraid to invest in a pouch area but I now stay away from the poor areas as well. My first two properties were in a poor area and they give me the biggest ROI.
Another thing to consider is ONE bathroom and ONE kitchen equals ONE problem. The more you make on each problem the better situation you are in... I would rather profit $1K a month on one bathroom and one kitchen rather then profit $500 a month.
Spreading yourself thin is always a bad idea but yes you need to start somewhere. Just make sure you have an emergency fund available, just in case.
Hi John I saved up 20k and I would like someone to guide me. You can charge me for your time I don't mind. Please ask for my socials if you're willing to do so.
@@armansheikh8436 my Montra is do it yourself. U base the risk on goals and age. I like s and p 500 index, nasdaq index and dnp.... to name a few.
great advice! Thank you so much, I am actually just a 23 year old trying to understand the property market in the UK because I would like to settle down here. Your point on the management company is excellent and can't wait for more of your content!
Your name looks Indian I’m new here pillay wagwaann
Good content thanks .
I believe lots of people are yet to understand with it takes to become a successful investor
Slow and steady.... I've not done that but I feel I should have.
This is honestly really helpful at making this all digestible when starting out. Thank you
If you put your money in the stock market and you get an 10% return you will not double in 10 years. It's compound interest not normal interest on the base. So you need to do investment X 1.1^10 = 259,37%, so the returns will be higher.
Such a cool video Samuel. I enjoy learning from you.
Thank you for the tips sam ! Youre the best ! Im bout to invest in uk prop, end of this year ! Love from sg ❤️🇸🇬
I agree that Buy to Let is a great idea. I personally have 8 rentals. But TODAY, IMHO, is not a good time to buy. You make your money in Real Estate by buying low and not by buying high. There could be a recession around the corner and I think it is too risky to get into the game right now. There is currently half a million tenants that have stopped paying rent and are close to eviction. The point is, you buy, you rent it out.... and you tenant stops paying you rent, and you are completely screwed.
If the tennet stops paying rent you find another tenant simple as that. There isn’t going to be a shortage of tenants 🤣
@@jaycordt8910 And you think it is so easy to evict your tenant and that there is no cost to this... PLEASE GET REAL. There is over 500K people that have stopped paying rent... why are these people still in their unites? Getting started in Real Estate is hard and it only gets easier (financially) after that and the more properties you own the less of a risk you have when someone does not pay rent. I have personally experienced non payment of rent and it is not so bad when you have 8 rentals.
@@johnSmith-uz8nl get a letting agent they will do it all for you, you put things in place so that you find the right tenant
There r COVID programs that pay rent for dead beats.just got a check for 10k from this program.
@@jaycordt8910 letting agents charge 1 month rent, I would rather do it myself.
Just brought my first buy to let, thanks for tips and advice. Also making a series on my channel about the journey.
How is it going for you at the moment! I would love to this when I’m done with university.
@@saffroncrowleyyy7216 not to bad house is currently on the market for sale. Hoping to take the profit and buy two houses from it.
I see godness in you Samuel. Trying to lift others around you. After all whats a life worth living if you are of no use to anybody. God bless you.
Really good advice and straight to the point. Thanks
Thank you Samuel. Looking forward to you coming to Australia to help us. Thank you, thank you. Appreciate your beautiful soul for helping people financially free.
Hi Margaret nice to meet you,hoping we can talk more if you don’t mind.
Yes, you can leverage stocks, crypto, gold etc.
Hi Andy nice to meet you,hoping we can talk more if you don’t mind.
Buy to let mortgage typically is max loan to value of 75%, so as soon as you have 25% equity you should find it easy to arrange a buy to let mortgage. You just need that 25%
@@Dr4co2023 what income is good for profitability?
And money for the taxes. E.g conveyancing, solicitor etc
The only reason that i would buy somewhere near me. Is to go and veiw it easier, i might want to go 3 times, and if i have to wait for weekends to go do that. Properties right now at least are flying out of estate agents windows. Plus i know my local estate agents and their mamanegemt teams, so i feel i already have a step up than going somewhere new.
I'm not sure if that has an affect on ho you look at buy properyy.
Thank you for your continued amazing work.
Everytime you make a video,it’s the information I need.Very helpful👍👍
Great Vid although you can definitely lever stocks
Unless I’m mistaken u can take loans to invest in the stock market, with provided your other assets total more or equal to the loan, very useful video though I’ve learnt a lot from you
You can do this in the stockmarket it's called a CDF (contracts for difference) you can leverage x100000 the risk is if it goes the otherway you lose x100000. But you can leverage with stocks and bitcoin
Hi Samuel, I am presently watching your 7 days challenge with Evans and I know I am next on the list. I am in a situation right now and that sor of help will go a long way for me.
Hey Samuel you are very inspiring could I buy a buy to let in my company name and rent it to myself?
You can borrow from the bank via a low interest personal loan and invest into the markets. A mid terrace in Norwich will find it hard to appreciate as well as Apple, Amazon, Microsoft etc. Horses for courses for sure but diversification is important and the right advice. Bricks and mortar are great but illiquid.
Taking on debt to buy stocks isn't like buying a property. A mid terrace in Norwich produces monthly rent to service the debts. Apple & Amazon could fall a lot in the short term like they have now and leave you stuck with a debt to service out of pocket and assets worth less than you paid for it. Its really risky to loan to buy shares.
@@Occido391 I appreciate the insight but the emphasis would be on investing in the markets, not individual stocks/equities. Compare the performance of the US's S&P 500 over the last 10 years with the UK house market over the same period for example. A property of £200,000 might now be worth £300,000. However an investment of £200,000 into the S&P would be worth £570,000! The mortgage rate and personal loan rate will much the same. I do accept that the property would bring in rental income as well as appreciation so let's add £120,000 to the equation for that and you're still £150,000 worse off.
On top of that performance, you'd have benefited from a falling Pound too. Perhaps more importantly, you've also been liquid and able to draw down on your stocks at any time without needing to remortgage your house and be stuck for 10 years with little contingency planning as you have little or no liquidity.
Leveraging to buy index tracking funds will always work out more effective. People don't as they don't like personal loans and are very uneducated when it comes to money, preferring to take the road others do instead.
Wouldn’t rely on size of property on an EPC as depending on certain criteria’s the conservatory, loft room, basement and porch May or may not be included in the report.
Samuel , What are your thoughts or experience with purchasing a single buy 2 let unit in Spain to add to a small 🇬🇧 buy 2 let portfolio.
Why have I never heard of you. I’ve put myself down for your 1 Day Crash Course. Be aware I have no experience or understanding but will
Try my best to get some initial knowledge before the date
Sam, your info is wrong
1) 10% annual return for 10 years ≠ 100% growth because of compounding. It would be 1.1^10 which is 2.6
2) You say you can't borrow money to buy stocks/gold/crypto - yes you can it's called margin and it's not uncommon for people to use
And Samual used 11% (average for FTSE 100) and that is 2.99 after 10 years, $100 become $299 after 10 years. Not to shabby.
You can borrow money from the bank to buy stocks.. you just have a higher interest rate. What do you think CFDs and Options are..
My wife and I have a rental property simply through her moving in with me last year. Her flat has gone up 40k in 5 years! Plus we've been getting 650 quid a month.
Now I've got the taste... Been thinking about expanding a lot. Recently I've been put off with everyone fretting about the BTL landscape.
This video made me aware my lack of experience might be skewing my perception.
Great video Samuel. I took your advice and am in the process in buying my 3rd BTL in the first year of property investing. Thank you for your inspiration 🥰
Congrats, Did you use mortgages to buy the houses?
@@zuhaib2 I bought them cash then refinanced them after renovating. This allowed me to pull the money out and recycle it.
@@pamsimpson3964 that’s great! Must’ve took a while to save up!
@@pamsimpson3964 when you say cash do you mean you bought them all out right or just the 25% deposit?
@@jaycordt8910 all bought with cash.
Hi Samuel , great channel ,just recently subscribed ,I've always thought of investing in the property market and your channel is very inspiring.
Thanks
Eye opener! Thank you, great vid
Actually if u track gold prices over the past 50 years its the best long term investment
Most people are taught that "you only need a good job to become rich". These billionaires are operating on a whole other playbook that many don't even know exists.
Yeah, you're tired if you get a job and if you invest your money wisely it's called slow and steady. You're the turtle. You will become rich when you retire. And this is true. But most people don't have the patience and the understanding on how to invest properly, most people buy nice cars, nice TVs etc. And blow their money that way in life.
Spot on
@@dancodmobile5050 ther is a saying that lovers say..... I will only live once.
Thanks Sam 💥🏆
Where are you getting the money for a deposit without a job...
How much would you expect the maintenance of a house to cost? Is there a good percentage, or a way to check? Thanks
Solid advice mate,cheers
Awesome! Thank you for this
Very good as always my man, huge fan,
however I agree with your comments on leverage, technically there are ways to use your crypto or gold or silver as leverage in the modern age. I use borrowed money and assets for trading with leverage regularly and also for providing liquidity for investments :)
Just a thought :) Keep up good work.
Looking to get involved more in property over past year and some of your videos have been extremely useful for background information :)
lots of love
CEC
So lets say i have a good amount from my previous job enough for a deposit but currently i am unemployed how could i then get a mortgage? Do i have to be full time employed ?
the great thing is with a recession looming more people will look at renting also cheaper house prices to purchase
With this particular recession comes higher costs from inflation and borrowing. These offset higher rents and lower house prices. Could easily be a good time to invest if you can lock in borrowing.
@@sverma333 just like 89
Interesting, could you make a video on what's more worthwhile and profitable between investing in property vs dividend paying REITS?
The wisest thing that should be on everyone's mind currently should be. To invest in different streams of income that doesn't depend on government, especially with the current especially with the current economic crises around the world.
Working with Romero pieto is the best thing that can happen to a beginner trader who is aspiring to be fruitful out of the market he is trustworthy and straightforward we surely need more men like him in trading world.
Good good content.
Yes I'm a living testimony of Romero pieto his platform has also done a great thing for me.
I've seen so many review about this man called Romero pieto who is he ?
Mr Romero pieto trades on my behalf due to my tight schedules and he is indeed absolutely doing great, my last investment of $16,000 he gave me my ROI of $87,000 in a period of two weeks isn't that amazing.
Great vid cheers mate
So helpful Samuel. Thank you
Ur not just helping people who invest or sell/buy in real estate I do use ur advices and energy in my field I build computers buy and sell electronics keep teaching us things love u bro
Thanks for sharing, Samuel!
I didn't quite understand and I really want to know how to do it if you could explain it to me more thank you very much
You didnt mention the tax you'd pay on the rental income , theres that too right?
Can you give us a little more information about the tax implications? I have a mate who owns a lot of properties and he said it’s probably just as effective popping your money in a good ISA these days.
Thought you sounded like you were from Bucks! (Same as me) Good video thanks👍
Biggest compliment ever, I’m from Wolverhampton originally but lived here a few years :)
ROI=
How much money am i putting in?
Deposit
Stamp duty
Legal fees
I.e. $50k
VS
How much cash am i getting back?
The rent - mortgage payments - maintenance - the voids - the management ~ how much profit am I expected to make each month?
Annual profit / total (cost I think he means) investment = ROI
Never buy unless ROI = 15% per Annum
Great content as always
Thank you for your help.
Do u advise getting a buy to let as a first time buyer?
New here so just asking a question - isn't a 15% ROI high? Won't a 7% still indicate a good return? Thanks
hi samuel i am planing to buy investment property in Middlesbrough just need yout advice on using property on airbnb instead of AST, is there a good potential in Middlesbrough for making money through airbnb strategy?
I've been looking at Middlesbrough too. Did you buy?. How much was the property?
i have £400,000 and I’m investigating this as a Business In Wales there are 2 bed houses for as little as £28,000 we are looking to buy around 4 of them and a Commercial property with 3 Flats above for £94,500 , the rental for all properties is around £4500 to £5000 No Mortgage, We will have around £200,000 in the Bank left as backup,We then want to get a £400,000 Mortgage with £50,000 deposit and a repayment over 25 years at £1956 to Buy More Homes is this Viable ?
Is it actually legal to rent out your very first mortgage as a first time buyer?
You have to live in it for at least 2 years before you do that I think
Entirely dependent on the lender. If you specifically want to rent out as soon as possible then get a buy to let mortgage and you can rent it out after you own the house, if you get a traditional mortgage it might not be allowed at any point until you remortgage to someone who will let you, or some lenders will let you swap once you have the correct amount of equity for a buy to let mortgage (this is how I did it). Buy to let mortgage typically is max loan to value of 75%, so as soon as you have 25% equity you should find it easy to arrange a buy to let mortgage.
Looking forward to the full interview.
Amazing video honestly I wish I could be your apprentice of sumin
How much does it normally cost to eat out of a fixed rate
This content is absolute golddust👊bloody legend
Do you use one property management company for all houses accross the country?
is it better to buy outright or get a mortgage?
Hey Samuel can we have a online course aswell because i live in austria.
Similar concept to Crypto Staking, using cryptos such as Ethereum and Bitcoin that on average over the last 5 years have increased in value. By staking your holding the asset which should increase over time but you also receive a 6%-8% APY on top of your potential profit from holding the assets!
Hi San. I have money to invest but not the time as I keep extremely busy at work. What are my options? It would be nice to have a good team of partners to work with. Please advise
Hi, I have 60k to pay off on my mortgage for a 1 bed flat but I am planning to buy a house with my partner going halves. Shall I just try to pay off my one first mortgage so it will truly be an asset?
If you wanna be successful , you most take responsibility for your emotions , not place the blame on others . In addition to make you i feel more guilty about your faults , pointing the finger at others will only serve to increase your sense of personal accountability . There's always a risk in every investment , yet people still invest and succeed . You must look outward if you wanna be successful in life
What documents do you need for a buy to let? For example, gas certificate etc?
Super helpful. thanks
Respectfully, you can get leverage very easily on crypto and stocks, albeit much riskier than leverage on property
Hi nice to meet you,hoping we can talk more if you don’t mind.
What property management company do you use please?
Great video Samuel 🖐
Hi Leeds, I am from Namibia 🇳🇦, does your country allow foreigners to own property? If so I will venture into buy select.
Wow this reply’s are scams, guys the real Mr Leeds is not desperate and stupid like u guys, go scam somewhere else , I will find my way to him.
Where can you find a property with a 15% ROI net profit??!
Slot booked and book ordered👍
Please come to South Africa 🇿🇦 I need the property FF challenge
Will do 👌
Remain blessed special people
Hi Samuel. Thanks again for all your excellent content!
We are looking to get our 5th property (can’t believe it)!! - and am after some advice.
We are considering an air bnb type property - in Wales, which I’m not familiar with (our others are standard btl in England).
Do you (or anyone else) know the ins and out of the taxes, and any other expenses bearing in mind it is Wales?
Any tips or advice would be really really appreciated.
Thanks
Dave T (long term fanboy 😂🤙🏻)
I have 50% leverage accessibility on my Degiro investing account. I'm not sure where you heard you can't leverage stocks mate but that's wrong!!
Intact you can buy preleveraged positions in both directions
Nice one Samuel 😊
Are there buy-let websites that show house prices and likely rents so that you can order by roi?
The concept... get a Landlord to do a long term rental, let's say 5 years... YOU NEED TO GET A GOOD PRICE. The LEASE must state that you can rent out the place to who ever and at what ever price you decide. Now... REALITY... you need a dumb landlord cause a landlord with any brains would not sign a lease like that.... in my mind this is almost a con.
Something I definitely have in mind to do … but not this way that attracts me attention
I’m sure there is a new way …. These very less opportunities in property…. Maybe one day I would open the doors to a new way 🥰🧡
I’m looking to invest 20k in a flat that’s 70k it’s a 1 bed which earns £525pcm do you think this would be a good investment ?
Is it a good time to buy a rental or wait ?
I want to see you do your financial system here in the US I want to see you help someone be financially free in a week here! That’ll be amazing
so wait. so i understand. does it work like this. you pretty much save some money for a deposit, morgage a house then rent that house out for more than it costs to morgage the house and let a managment company do all the work for you (if needed) so then your making income without doing pretty much anyhting??
Agree
Well said
I finded property for 50000 will I get buy to let mortgage?or it must be 70000
Any spring events?
Thanks 🙏
do you need multiple property management companies if you are buying in different areas?
I think so
Will you ever come to the US
Brilliant!
Do you do crash courses in Tamworth uk Sad mr Tony Ashfield
find me any property that doubles in value and has a roi of 15%. do you just buy a house and turn them into HMO?
Sounds good until tenant don’t pay rent .. Iv watched those shows on tv where landlords then have to go to court to repossess whilst paying the mortgage for months trying to get tenant out …
Make good judgements of who you let rent your property.
Maybe a silly question , but why not buy the house out right with out the mortgage , is that not better ?
Because you’ll use the tennant to pay the mortgage for you + profit and you can use that liquid cash to put a deposit on another property and repeat. This way you houses are getting paid for and you can build a portfolio