Letting Agents vs Self-Managing- which is BETTER? | Should you manage your Buy to Let yourself?

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  • Опубликовано: 11 сен 2024

Комментарии • 8

  • @user-lq6ou5wq1c
    @user-lq6ou5wq1c Месяц назад

    Could you create a video explaining the duration for which you are allowed to remortgage a property you have purchased?

  • @StrategicPropertyInvesting
    @StrategicPropertyInvesting Месяц назад +1

    Great video! I agree with you again, as long as I have the time I prefer to manage myself and not give agencies 100s of pounds per month of potential profit. But I can see the benefits of going down an agency route especially if the property is far away and the investor does not have much experience holding a screw driver or have the contacts in the area! I jumped back a few videos and enjoyed your Samuel Leeds rent to rent video too, very interesting!

    • @thewealthwarren6940
      @thewealthwarren6940  Месяц назад +1

      @StrategicPropertyInvesting Yea I totally agree- self managing is definitely a personal choice👌🏾And yes Samuel Leeds is an interesting chap!

  • @user-lq6ou5wq1c
    @user-lq6ou5wq1c Месяц назад

    I believe it's best to utilize agents to find tenants. Paying them to manage is a waste of money.

  • @olajumokebiz9698
    @olajumokebiz9698 Месяц назад +1

    Hey quick question, for auction homes, do you have to pay in cash or you can get a loan for it… I mean how does it work?

    • @thewealthwarren6940
      @thewealthwarren6940  Месяц назад

      You use bridging finance- watch this video I made on it for info: ruclips.net/video/UPNEpNTXdG0/видео.html

    • @olajumokebiz9698
      @olajumokebiz9698 Месяц назад

      @@thewealthwarren6940 Thank you so much. Could you share an example? Maybe one gets an auction for £70k, and one needs to get bridging finance; what could be the return and profit... Just all based on assumptions

    • @thewealthwarren6940
      @thewealthwarren6940  Месяц назад

      @olajumokebiz9698 this video breaks down all costs and returns for my most recent auction purchase: ruclips.net/video/Jbbn4d6FHpA/видео.htmlsi=PjIswkE327X5j9ld