Starting Serviced Accommodation With £5000
HTML-код
- Опубликовано: 21 авг 2024
- I started my property business with £5000.
When I finished university, I didn’t have a lot of money to work with or a job. So instead of buying properties, I started by making money from properties that I didn’t own. Check out the video find out more.
If you have any questions comment below and I can make videos on those topics 🙂
📚 Free Courses, Resources, Etc: linktr.ee/ahme...
👋 Website: www.ahmed-khan...
rare to see a RUclips video this concise , looooove it!
Mashallah great video once again. Jazaakallahukhayr. I look forward to sharing some progress with you in the near future inshallah.
Jzk. Deffo do! hope all goes well:)
Did you tell the agencies that you wanted to put the property on Airbnb?
Really cool to see that you did R2R SA, did you ever consider doing R2R HMO in your time doing R2R? would also love to see a video of some bad/ good experiences when doing sa🤣
I never did HMOs, just SA. Good idea - will make something!
Hi Ahmed. Nice short & sharp video. I Was considering Wembley but the 90 days put me off this area. Whats ur opinion on Watford?
Love your videos Ahmed. Short, sweet and informative! Do you still have your apartments in herts?
I have some. I moved into buying property in 2018 so that’s been the main focus since then rather than the R2R stuff :)
@@ThatAhmedKhan Was Stevenage & Welwyn lucrative for you? They just don’t seem like hot spots
Hi Ahmed, how did you go about approaching/negotiating with the landlord about the prospect of renting the apartment with the intention of then re letting as SA ? Was it difficult to find a landlord willing to rent there property for that purpose ?..... Im interested in investing in this business model myself.
I always approached letting agents rather than landlords as I found that easier :)
Hi Ahmed - great video. How did you get over the 90 day short term letting law in London?
Hey Kyle, the best way to to do that is to work with the corporate agencies like Silverdoor, SITU, etc and got longer term bookings. Or ofc, operate outside of London :)
Hi Ahmed, videos are great btw. Just wanted to ask whether if this business model would be able to work if im abroad for long periods of course excluding the initial setup?
I presume you had to speak to the original landlord because you were technically subletting it?
Great video! Did you incorporate a company to take on those properties or did you have it in your name?
I had to set up a company to do this. You need to sign company let rental agreements so I wouldn't advise you to take these properties in your personal name:)
If I go on Rightmove, how do I know which properties have a sub-letting option? or would I need to contact the estate agency?
There’s no real option for sub-letting. It’s more so about pitching your idea to letting agents.
How did you pitch you idea to agents? Really appreciate your input
@@ThatAhmedKhan Does it mean you are paying commission to the agency?
Is subletting a rented property on Airbnb legal in the UK?
In order to rent properties and then ‘sublet’ them onto Airbnb legally, you need to have the correct agreements in place.
If you were renting a house or flat for yourself, then you would do that using an Assured Short-hold Tenancy (AST) agreement. However, you cannot use that agreement for the purposes of Airbnb. You need to have a company or corporate let agreement in order legally use the property for Airbnb.
You will also need to set up a limited company before you’re able to use a company let agreement. You can do this for as little as £13.
I'm confused, surely the landlord who's renting the property to you wouldn't allow you to sublet it?
Find one that will
@ThatAhmedKhan I think its called a commercial sublease agreement, not company let agreement. A company let agreement is for a company that wants to let out to their employees. People are being fed the wrong information.
Hi Man,where are you from?
I’m based in Hertfordshire but I invest in properties in London and Hertfordshire.
@@ThatAhmedKhan ok brother,Actually I am from Pakistan and I invest in properties only in Pakistan,Can you give me overseas Pakistani to invest in my Project. Please share you Instagram id