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@rossflips1
@rossflips1 2 ай бұрын
Interesting episode. Would have been great if you could have down the spreadsheet on the video. No mention of opportunity cost for the extra cash in your pocket (perhaps just using best easy access savings rate). Might also have been interesting for your listener to have the results for the same property but in a LTD company.
@stevebecker8389
@stevebecker8389 3 ай бұрын
Learnt something new about overextending mortgages,Not ever heard on youtube brfore,All very positive.
@AndrewGill73
@AndrewGill73 6 ай бұрын
Hope you're well. I think it worthwhile comparing your residential property returns versus simply following Warren Buffet's advice and buying an S&P 500 tracker (e.g. VUSA.L)? Obviously drip feeding into a financial product is a far simpler life! Meaning no work or hassle or "hatred" of being a landlord, it is much more diverse (i.e. arguably less risk) and can also be income tax and capital gains tax free if held in an ISA or SIPP.
@kevinwooldridge2127
@kevinwooldridge2127 7 ай бұрын
Really interesting discussion, thanks
@carol-annmcintyref9912
@carol-annmcintyref9912 7 ай бұрын
Really interesting video, thanks for sharing. I like the idea of a block of flats providing a good level of income, without the time intensive necessity of managing a HMO
@yogamoo2148
@yogamoo2148 7 ай бұрын
Great value, thanks for sharing your project, it’s an eye opener!👏
@PeteEngland
@PeteEngland 7 ай бұрын
Interesting idea of purchasing the freehold of a block of flats and renovating while tenants are in situ, so paying for hotel accommodation while work is being done. 😅 Enjoyed the storey but I’m not brave enough to do myself
@PeteEngland
@PeteEngland 8 ай бұрын
Worth listen too if your thinking of buying a property😇
@PeteEngland
@PeteEngland 8 ай бұрын
A well-balanced insight into how Stuart French fell in love with property and started his business. Greta stuff.
@elverarardon7100
@elverarardon7100 9 ай бұрын
*PromoSM* 💦
@simonspicer1535
@simonspicer1535 11 ай бұрын
Great episode chaps, very thought provoking. I particularly like the building a long-term model that plays on your individual strengths and considers what aspects you enjoy...rather than purely the most profitable. Food for thought 🤔 cheers Simon
@BizOfProperty
@BizOfProperty 11 ай бұрын
So pleased we've given you something to think about @simonspicer1535!! Always sounds so simplistic when we talk about it, but it's something which is not often put into practice. Good luck with the 'thinking time'!
@simonspicer1535
@simonspicer1535 Жыл бұрын
Hi chaps, so what are the magic SIC codes we need to ensure we're using for limited companies please if you can share?
@BizOfProperty
@BizOfProperty Жыл бұрын
Will obviously depend on what you're doing in the Co @simonspicer1535 but we can share with you the codes we use!! Will also add this to a future episode! 🤘🏼
@eaazag
@eaazag Жыл бұрын
cash on cash return is about 21% and 25% for the for the cash and mortgage scenarios respectively but I understand why you are emphasizing raw money put in the pocket. great video it was good to see all of these numbers laid out and your commentary about it
@BizOfProperty
@BizOfProperty Жыл бұрын
Appreciate you taking the time out to leave this feedback - thank you! 👊🏼 Yes, always up to each individual what matters most - I definitely focus on how much money ends up in my pocket! (As opposed to Tax Man!)😂
@anshrawat8196
@anshrawat8196 Жыл бұрын
"Hey there, I'm a video editor, and thumbnail designer, here to supercharge your content. If you're seeking assistance in these areas, I'd be thrilled to introduce you to my portfolio. Let's work together to enhance your creations and devise a winning KZbin growth strategy...
@KerryOki66
@KerryOki66 Жыл бұрын
So how many intimate relationships will this fail ?
@BizOfProperty
@BizOfProperty Жыл бұрын
Do you think fees is ending relationships??!! 😂
@KerryOki66
@KerryOki66 Жыл бұрын
@@BizOfProperty oh yes are you not aware of this sir ? Causes arguments and Ill feeling and serious pressure to relationships .
@BizOfProperty
@BizOfProperty Жыл бұрын
So sorry to hear that@@KerryOki66 !
@KerryOki66
@KerryOki66 Жыл бұрын
@@BizOfProperty don’t worry mate . It won’t affect me because I ain’t in the rat race that has been put in place by the people who control society .
@simonspicer1535
@simonspicer1535 Жыл бұрын
Nice to see you chaps talking for the first time! Linked to your comments about surveying all your land, isn't the term Landlord originated in feudal times and doesn't the term Lord seem somewhat highfalutin if you're both a little reticent to introduce yourselves as managing directors or company founders? Then again "Lord Panda" proudly retains the Lord element. Good fun thank you as always, feels like I'm not alone in me "Doing stuff to do with properties". Cheers Simon
@BizOfProperty
@BizOfProperty Жыл бұрын
Well, glad our faces didn't put you off! 🤣 Lord Panda does still retain the Lord element, but who doesn't love a panda??!! Thanks for watching 🙏🏼
@simonspicer1535
@simonspicer1535 Жыл бұрын
Good to share the reality and pressures, (and glamour), of a fast turnaround on a rental property
@simonspicer1535
@simonspicer1535 Жыл бұрын
Very interesting to hear rates for HMO being so close to mote standard buy to let rates!
@simonspicer1535
@simonspicer1535 Жыл бұрын
Look before you leap! Good question to ask, why are you investing? What are you looking to achieve?
@BizOfProperty
@BizOfProperty Жыл бұрын
So simple!! Yet, most don't get past "Mo Money"!! 😃 Cash Flow versus Appreciation is very important but has implications on where and what we invest in! They 'Why' is always a great place to start!
@simonspicer1535
@simonspicer1535 2 жыл бұрын
Very relevant, stimulating and flowing conversational style piece to help property investors better understand what's happening right now with financing investments
@BizOfProperty
@BizOfProperty 2 жыл бұрын
Thanks Simon! Glad you're finding our podcast useful! 🙏🏼
@LG-Musique
@LG-Musique 2 жыл бұрын
I had a look at the prices that some of the houses sold for on one of the streets we have a property on (only looking at houses of the same design). In 2006 to 2007 houses sold for £127,500 to £133,250. In 2008 they sold between £112,000 and £119,950 In 2009 they sold between £102,500 to £117,000 It wasn’t until 2014 that a house sold for more than £127,500 again, so it took 7 years for prices to get back to where they were at the peak. So where you buy in the cycle does still matter, even if you’re buying it for a long term investment, because when you come to remortgage, you want the house to be worth more than what it was before, so that it at least pays for the costs involved in remortgaging.
@stuartlordan3839
@stuartlordan3839 2 жыл бұрын
Thanks for the comment - appreciated as we love talking property! We agree completely that the cycle can matter - awareness is key, BUT the question is whether you could time the market if you were looking at the shorter term (~5 years). As we say on the podcast, one of the potential issues is around the crystallisation of the 'equity' in a downturn. However, based on what we've seen in the last 30+ years if you're holding a property for greater than 10 years it is highly unlikely that re-mortgaging cost will be greater than a property's current value - if the correct due diligence has been done!