@ E Money. This guy is fantastic, honest and straight to the point, He is not trying to sell property courses or looking for a way to monetise his channel . Nice guy . I have learned so much from him. I am on my 5 properties in 2 years. Khan stay bless bro.
Lool glad you’ve found them useful! Your channel is doing so well man, would love to get some tips from you and would be happy to help with property where I can :)
Can I just check you do need to pay if the original finance as that’s not mentioned? When you use a bridging loan get new value finance re a new mortgage the outstanding amount is still owed? So the numbers aren’t right are they as no where does it mention this? Pls help
I’ve watched so many videos as well as attending the course, but your videos are the best, no BS talk, straight to the point, also very charming 😊. Thanks so so much for giving us so much valuable insights. Bravo 🎉
Have you thought about looking for a audiobook or book deal, seems like writing a book could be good outlet for all your experience. This is just from someone who loves listening to good audiobooks!
Cool video, Ahmed, thanks for posting. Have a couple of questions: - With council property conversions like these, how do you get change-of-use permission to convert a 1-bed into a 2-bed? Councils wouldn't normally allow this, as there's legislation about the min amount of space required per person, right? - Also wondering if the strategy works with privately owned properties. How easy is it to get permission from the freeholder to do the conversion, before you buy? Also, surely the freeholder would want to charge about half of the property's increase in value from the conversion?
Great content and really wel explained🎉. Kudos to you 🤜🏾🤛🏼 I think the biggest question I have is: How to raise the capital to invest on the first property?
I really enjoy your videos. Appreciate if you can talk a bit slowly in your videos so we can absorb the information properly. But thanks for sharing your knowledge. 👍
I had a question, isn’t there laws in the UK stating that apartments/houses have to be made to a certain sqm for you to add more bedrooms, e.g 2 bedroom apartments should be a minimum of 61sqm. I could be wrong tho, I just wanted to ask to verify?
Another great video Ahmed. Regarding the 1-bedroom flats which you converted into 2 Beds within London, they come with parking spaces or not? I'm trying to understand whether it would be better to target 1-bedroom flats with or without parking spaces for conversion into 2-Bed flats within London. Thank you.
Very good content. Can I ask if you need planning permission to make one bedrooms into two bedroom flats? Would you have to tell land registry so that it is registered as a 2 bed now? Also, would you buy a flat in a block rather than a house which has been converted into flats? Would you need permission from the freeholder to do this?
I have never bought a property but I have a big deposit now and I want to do your idea buy a 1 bed and change it to 2 bed. I live in Hackney in London so buying in London would be easiest but I have a good feeling for Southend for some reason like the properties there will go up more than London. Can any1 would advise me what they would do in my situation ? Thank you very much :)
A job can help for sure for the first one but eventually you need to get to a stage where you are able to raise money from investors as that is what will allow you to scale
I guess conversion of a 1 bedroom to 2 bedroom can only work if the property is a flat or can it work for houses where the rooms are on the first floor, if you know what I mean?
Hello Ahmed, would you recommend this model under a halal mortgage provider? All my properties are 100% equity cash purchases, except a couple of properties with Al Rayan and my HMOs which are rebt to rent. I'd consider scaling up further and faster, but a model with equity in the properties.
I would like to start my property portfolio. I have a mortgage that is nearly finished. I don't want to remortgage at this time coz my interest rate is low. At present im only paying 1.9% until March 2025. If I remortgage can I do limited company for my Residential house?
Hello sir love your input i am Really learning alot, what is the minimum pm2 for a flat? I did not think u would get to out off that terrace house . Definitely like the sound of this strategy. Id love to speak with you?.
@@ThatAhmedKhan im joined to many property guys and been watching them ongoing for a couple years but this vid was 1 of the best iv seen, look forward to watching more ! thank you
What year was this done in? As you were getting 3% remortgages, I assume it was 2021(ish). How much of this added value was natural price inflation between the date the price was agreed and the remortgage survey? Back then prices were going berserk. I have examples of properties that have made me look like a genius when there was a lot of Brexit fear - in reality 60% of the uplift in value was pure luck. (Not saying this is the case here) Do you have an example of something that was remortgaged in the last 8 months?
Hi Ahamed, i would like to thank you for the best free content i have found so far on you tube. The 7 hour Serviced accommodation course i have just finished. If possible would you be able to share the serviced accommodation deal analyser spreadsheet? David
Hi Ahmed! Thank you for the video wery useful. Ahmed I can I ask you how do you get the bringing finance and the mortgage advisor please? Thank you Levente.
No, in fact it’s probably the opposite as you’re building a track record with your lender. The mortgage you’re taking out services itself with the rental income so it’s low risk to the lender, they will happily lend you more money as long as you don’t default
Very informative video Ahmed. Quick question, I couldn't seem to find your solicitor details. Could you share them with me? I would like to use him for a few potential deals
because I've answered it so many times and even made videos on the topic. I started in 2016 by renting properties and putting them onto Airbnb - I didn't start by buying properties. I started Airbnb Oct 2016 and bought my first property 2 years later in Dec 2018
@@ThatAhmedKhanokay sure happens sometimes Can I know how long did it take you to actual start taking action on building your portfolio or to even talk to a seller for the first time just curious 🧐
Hi, thank you for the video. It was very informative. Is there a particular size requirement that I would have to meet for 2 bedroom flats? Or any other requirements with the local council I’d have to meet to convert a 1 bed flat into a 2 bed?
Hey Ahmed I’m a software developer graduate and would love to take on the challenge to develop a web app for the spreadsheet! Do reply if you wanna chat :) been following for a while on Facebook and love the content ❤
Here's 4 free property courses I've made totalling over 32-hours of property knowledge: www.ahmed-khan.com/free-courses
ive never seen property investing explained so clearly. You are a rare individual. Well done!
Appreciate it :)
@ E Money. This guy is fantastic, honest and straight to the point, He is not trying to sell property courses or looking for a way to monetise his channel . Nice guy . I have learned so much from him. I am on my 5 properties in 2 years. Khan stay bless bro.
First channel I’ll actually sit and watch the entire video.
watched one of your videos and I’ve binged them all haha super informative this is a great resource
Lool glad you’ve found them useful! Your channel is doing so well man, would love to get some tips from you and would be happy to help with property where I can :)
Dropped you a DM on insta:)
Quite random to see you here but it shows that you're putting your money to good use 😉
Can I just check you do need to pay if the original finance as that’s not mentioned? When you use a bridging loan get new value finance re a new mortgage the outstanding amount is still owed? So the numbers aren’t right are they as no where does it mention this? Pls help
I’ve watched so many videos as well as attending the course, but your videos are the best, no BS talk, straight to the point, also very charming 😊. Thanks so so much for giving us so much valuable insights. Bravo 🎉
Happy you loved it!
Have you thought about looking for a audiobook or book deal, seems like writing a book could be good outlet for all your experience. This is just from someone who loves listening to good audiobooks!
I haven't but if there was enough interest I'd consider it!
Cool video, Ahmed, thanks for posting. Have a couple of questions:
- With council property conversions like these, how do you get change-of-use permission to convert a 1-bed into a 2-bed? Councils wouldn't normally allow this, as there's legislation about the min amount of space required per person, right?
- Also wondering if the strategy works with privately owned properties. How easy is it to get permission from the freeholder to do the conversion, before you buy? Also, surely the freeholder would want to charge about half of the property's increase in value from the conversion?
Great content and really wel explained🎉. Kudos to you 🤜🏾🤛🏼
I think the biggest question I have is: How to raise the capital to invest on the first property?
Great video, good job at simplifying the process!
MashAllah really good quality content very transparent as your channel grows please don't drop standard like most people do keep it up brother 👏
yes bro - thank you!
I really enjoy your videos. Appreciate if you can talk a bit slowly in your videos so we can absorb the information properly. But thanks for sharing your knowledge. 👍
Will really try!
I had a question, isn’t there laws in the UK stating that apartments/houses have to be made to a certain sqm for you to add more bedrooms, e.g 2 bedroom apartments should be a minimum of 61sqm. I could be wrong tho, I just wanted to ask to verify?
Is it difficult to get permission to convert kitchen to the lounge and converting into the bedroom from the leaseholder
Another great video Ahmed. Thank you for all the great knowledge and skills you share free.
Glad you enjoyed it!
why move the kitchen and its connectors, when you could have just added doors to the living room and leave the kitchen where it was?
How are you able to get a mortgage? Don't banks require you to prove an income?
Another great video Ahmed.
Regarding the 1-bedroom flats which you converted into 2 Beds within London, they come with parking spaces or not?
I'm trying to understand whether it would be better to target 1-bedroom flats with or without parking spaces for conversion into 2-Bed flats within London.
Thank you.
How did you get £84,883 to get started?
Hello again! You mention leaving your solicitors details in the comments but I don’t seem to see it. Could you help with giving this again?
Very good content. Can I ask if you need planning permission to make one bedrooms into two bedroom flats? Would you have to tell land registry so that it is registered as a 2 bed now?
Also, would you buy a flat in a block rather than a house which has been converted into flats? Would you need permission from the freeholder to do this?
Isn’t it difficult to get a freeholders permission to convert 1 bed into 2 bed flat?
Bro u a good lookin guy, luv ur clear detailed communication style nice
Appreciate that!
Have you thought about branching outside UK? Like Africa or Asia for example?
Don’t you need a stable income for an approved loan. And even then when you’re young they might not approve you no? How would you work around that
Binge watching ❤ better than Netflix and Prime 😅 you missed to put solicitor's info in description..also if possible your brokers details please ❤
You’ll find both here: bit.ly/notion-msg :)
@@ThatAhmedKhan ❤️
I have never bought a property but I have a big deposit now and I want to do your idea buy a 1 bed and change it to 2 bed. I live in Hackney in London so buying in London would be easiest but I have a good feeling for Southend for some reason like the properties there will go up more than London. Can any1 would advise me what they would do in my situation ? Thank you very much :)
Very well presented Ahmed 😊
Thank you! 🙏
Another very helpful video. Thanks so much for sharing, Ahmed.
No problem!
Ahmed would you recommend a 9 to 5 job to fund for the first step into property investment? btw ur videos are honestly best!!!
A job can help for sure for the first one but eventually you need to get to a stage where you are able to raise money from investors as that is what will allow you to scale
Would you mind sharing this excel sheet with us please
I guess conversion of a 1 bedroom to 2 bedroom can only work if the property is a flat or can it work for houses where the rooms are on the first floor, if you know what I mean?
you mean a house which was converted into flats?
Hi Ahmed, great videos. When you go back to refinance - do you have to pay the new bank a deposit again? thank you!
Great video, very transparent & informative. 😅
Thank you!
Could you please share the excel you show ?
Very good video !
Hello Ahmed, would you recommend this model under a halal mortgage provider? All my properties are 100% equity cash purchases, except a couple of properties with Al Rayan and my HMOs which are rebt to rent. I'd consider scaling up further and faster, but a model with equity in the properties.
I would like to start my property portfolio. I have a mortgage that is nearly finished. I don't want to remortgage at this time coz my interest rate is low. At present im only paying 1.9% until March 2025. If I remortgage can I do limited company for my Residential house?
Banging sum-up. Any chance you can share the deal analysis spreadsheet?
you'll find it here under the resources section: bit.ly/propertycommunity
thank you so much great info
Glad it was helpful!
Did you have to get the freeholders permission before converting 1 bed flats into 2 beds?
Hello sir love your input i am
Really learning alot, what is the minimum pm2 for a flat? I did not think u would get to out off that terrace house . Definitely like the sound of this strategy. Id love to speak with you?.
Do you buy as a private buyer or thought a LTD?
Thank you so much! ❤
No problem!
wow love this vid
I am glad you liked it!
@@ThatAhmedKhan im joined to many property guys and been watching them ongoing for a couple years but this vid was 1 of the best iv seen, look forward to watching more ! thank you
What year was this done in? As you were getting 3% remortgages, I assume it was 2021(ish). How much of this added value was natural price inflation between the date the price was agreed and the remortgage survey? Back then prices were going berserk.
I have examples of properties that have made me look like a genius when there was a lot of Brexit fear - in reality 60% of the uplift in value was pure luck. (Not saying this is the case here)
Do you have an example of something that was remortgaged in the last 8 months?
Hi Ahamed, i would like to thank you for the best free content i have found so far on you tube. The 7 hour Serviced accommodation course i have just finished. If possible would you be able to share the serviced accommodation deal analyser spreadsheet? David
Glad you enjoyed it! Here under "resources", bit.ly/notion-msg
@@ThatAhmedKhan thank you so much. Amazing help and support. This inspires me so much.
What is the minimum of money that you can start with ?
Hi - do you buy these properties through a company? Or In a personal name ?
Hi Ahmed! Thank you for the video wery useful.
Ahmed I can I ask you how do you get the bringing finance and the mortgage advisor please?
Thank you Levente.
Check here, under Property Team, bit.ly/notion-msg
Hi, Can you please share the details of your property agent and mortgage advisor? Thanks
Check here, linktr.ee/ahmedkhann
Thanks for the video! I'm really confused by the refinancing aspect. When you take out a loan again for 75% of the value, you're still in debt right?
Obviously bu5 you’re pulling out the added equity on the house that you have created
Great video. I’m a developer, how can I best get in touch to discuss your app idea?
Good content well done I've tried to reach out and filled your jotform but haven't received any response. Thought a joint venture could be ideal
Would refinancing make it more difficult to get another mortgage for the next project ? Since youve now got a larger mortgage in theory ?
No, in fact it’s probably the opposite as you’re building a track record with your lender. The mortgage you’re taking out services itself with the rental income so it’s low risk to the lender, they will happily lend you more money as long as you don’t default
Amazing video ☺️
Thanks Zee!
exceelent video.
Thank you very much!
Very informative video Ahmed. Quick question, I couldn't seem to find your solicitor details. Could you share them with me? I would like to use him for a few potential deals
Sure, bit.ly/notion-msg - check under Professionals & Services
Hey, Ahmed, lets get in touch in terms of the coding :)
Great content
Thank you!
Brother please make a video about your editing skill and filming skill I swear u will get a lot of views on that video
because I've answered it so many times and even made videos on the topic. I started in 2016 by renting properties and putting them onto Airbnb - I didn't start by buying properties. I started Airbnb Oct 2016 and bought my first property 2 years later in Dec 2018
@@ThatAhmedKhan bro is this reply automated omg 😳 u got some technology
I've somehow replied to the wrong comment above! not sure how that happened!
@@ThatAhmedKhanokay sure happens sometimes
Can I know how long did it take you to actual start taking action on building your portfolio or to even talk to a seller for the first time just curious 🧐
When u refinance do u have to pay back 2 loans I don’t really understand also is this called BRRRR or is that slightly different
It’s quite hard to explain on text I will try to make a full video on this
@@ThatAhmedKhan thanks man ur vids have been really useful I’m 15 I love property gonna try and get into it as soon as I can
Hi, thank you for the video. It was very informative. Is there a particular size requirement that I would have to meet for 2 bedroom flats? Or any other requirements with the local council I’d have to meet to convert a 1 bed flat into a 2 bed?
no official size requirement but aim for 45sqm+ and aim for kitchens 7sqm+
@@ThatAhmedKhan Do conversions of flats not need to meet Nationally Described Space Standards? I.e. 2B3P flat needs to be 61m2
Have you ever done this without planning permission?
Omg no one shares this
t
Thanks for supporting the channel!
How long after the refurb do you wait to have the property re-apprasied and refinanced?
ur discord link has expired btw! :) could you reply to this comment with the new link?
Yeah same. I am trying to find his discord link. Do you have it?
Try this, discord.com/invite/KzAU8yKW
discord.com/invite/KzAU8yKW
@@ThatAhmedKhan link doesn't work. I sent you a message on your Instagram account.
Any luck getting the updated discord link?
Hey Ahmed I’m a software developer graduate and would love to take on the challenge to develop a web app for the spreadsheet! Do reply if you wanna chat :) been following for a while on Facebook and love the content ❤
Great video. Reached out to you on Instagram 🤝
Thanks bro :)