Nightmare Tenants!
8:34
2 ай бұрын
Recession! How to make money?
9:17
How to Make £50k from 1 Flip!
7:52
Пікірлер
@danielkrcmar5395
@danielkrcmar5395 26 күн бұрын
Is it best just to start in a LLC?
@eezy251able
@eezy251able Ай бұрын
Rise on stamp duty, capital gains tax. The rides over 😪
@beedebawng2556
@beedebawng2556 Ай бұрын
Good, easily overlooked advice.
@eezy251able
@eezy251able Ай бұрын
In today's market how would you invest 75K? BTL or flip?
@AARChaudry
@AARChaudry 2 ай бұрын
Truth is that real growth in any part of life involves some level of "pain" even the kind where you have to shed parts of your old self to make space for something better...
@kevinbond3627
@kevinbond3627 2 ай бұрын
Notice she never states who she rents them to!
@cdogvlog5557
@cdogvlog5557 2 ай бұрын
I don't really think as the Uk to sit and chill at the beach considering all the rain and so forth.
@larryanderson9711
@larryanderson9711 2 ай бұрын
Classic 😂
@gareththomas9461
@gareththomas9461 2 ай бұрын
But do read government policy and government white papers as they can seriously impact your business and decisions. For better or worse. 🤔
@TheDiehardall
@TheDiehardall 2 ай бұрын
How soon 6 mths, 1 yr, 2 yrs
@JardinsPalmero
@JardinsPalmero 2 ай бұрын
Thanks for the analysis! I have a quick question: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How should I go about transferring them to Binance?
@SibhySilvestri
@SibhySilvestri 2 ай бұрын
Thanks for the forecast! Just a quick off-topic question: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How should I go about transferring them to Binance?
@nickhumphries6220
@nickhumphries6220 2 ай бұрын
You did it because of the resources you had Susannah. Could you do it working 12 hours a day, negative equity and liquidity and soon to stop work?
@BetMeier
@BetMeier 2 ай бұрын
Great content, as always! A bit off-topic, but I wanted to ask: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). What's the best way to send them to Binance?
@thankyouforinfo
@thankyouforinfo 3 ай бұрын
can you please explain a bit more on auction houses
@abrabosea3917
@abrabosea3917 3 ай бұрын
Nice how you put it! In a couple of words! 😅
@gmckayak
@gmckayak 4 ай бұрын
Sussanah should narrate kids books. Her voice is so calm
@nearmeaccountant
@nearmeaccountant 4 ай бұрын
After your webinar your team is bombarding me with calls and texts. One text was at 23:36 yesterday, the most recent - at 8:23 today It looks like I have to switch off my phone - otherwise both my baby and me will be waken up in the middle of the night again I have my number fore more than 10 years- can your people just STOP attack me with calls and texts??
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
Goish I am SO sorry! I do apologise that is NO FUN for you. We have a system that delivers our texts over time and I think it is doing this out of social hours. I'll ask the team to check this and change it. My call out after to attendees to check in with you and see how we can best be of more help. But the text thing - yikes! thanks for letting us know.
@nearmeaccountant
@nearmeaccountant 4 ай бұрын
It’s not not your money, it’s Ltd money. To withdraw money to your name, you have to pay addit tax :) it’s better to count beforehands
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
Best to do all modelling before deciding the structure isn't it!
@ORIGINAL786dodi
@ORIGINAL786dodi 4 ай бұрын
Great video, thanks for sharing 💯👌
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
Glad you find it useful!
@nearmeaccountant
@nearmeaccountant 4 ай бұрын
Susanna, you have amazingly rich hair! Not mentioning sharp business mind :)
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
I have a lot of hair that is for sure! Thank you I will enjoy today, me and my hair!
@Tyyyyyyyz
@Tyyyyyyyz 4 ай бұрын
What about short term let, services accommodation. Does all what you’ve said still apply? Correct me if I’m wrong your are talking about long term tenants.
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
I would not want you doing R2R - you don't own the asset it cannot increase in value for you. You have all the risk. The structure is wrong. Got webinars on Deal Sourcing if that is better for you. thegoodpropertycompany.co.uk/free-webinars/
@KevinCreasy
@KevinCreasy 4 ай бұрын
Maybe wishful thinking
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
ooooh made me laugh
@digital321
@digital321 5 ай бұрын
Great video
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
Glad you enjoyed it
@charlene_mckay
@charlene_mckay 5 ай бұрын
Really great tips. Thanks Susannah.
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
You are so welcome!
@ThorParker
@ThorParker 5 ай бұрын
Thoughts on student accommodation studio
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
Studios the first to drop in price and the last to increase. I steer clear.
@Wonderful_World007
@Wonderful_World007 5 ай бұрын
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
right back at you! Have a good day
@TheSchulz21
@TheSchulz21 5 ай бұрын
This is so helpful many thanks. I would be interested to see examples of agreements and marketing brochures but cannot find any within your free resource on your website? Thank you.
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
Glad it is useful. They ar enot in my free section (thanks for having a good look around) because they cost me over 2k but they are here for you to download at a fraction of the price: thegoodpropertycompany.co.uk/product/deal-packager-paperwork-bundle/
@TheKlink
@TheKlink 5 ай бұрын
If you take the walls out, can you up the square metreage? German and Polish walls be thiccc
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
yes you can! Because it is usable space then!
@pineapple55
@pineapple55 5 ай бұрын
Do you create property valuation packs in these circumstances or only when holding to refinance?
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
In all curcumstances as I want to check it for me. But always when refinancing.
@pineapple55
@pineapple55 5 ай бұрын
When “designer” is referred to who is this? Interior designer or architect? In terms of the look and electrical plan and doing the picture sketches and so on?
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
no it is a role determined by CDM which is the person designing the refurb not the cushin / curtains. So if you design how the refurb will take place, it is you.
@digital321
@digital321 5 ай бұрын
Great video, thank for sharing again - there's always new gems
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
I'm plannning my next video series now, currently spending a summer in Brooklyn, and getting back to work!
@house9464
@house9464 5 ай бұрын
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
right back at you!
@harryturnbull1884
@harryturnbull1884 6 ай бұрын
Been thinking about dipping a toe in these sometimes treacherous waters. Been offered a deal by a family business that locates, refurbs and tenants and property before selling on to the investor and rents (6%, they get 2%) are guaranteed plus any refurbs needed in first 3 years. Sounds champion. Except a bit or research immediately shows that the sell on price to the investor is upto 20% over market value. So they are immediately taking out any future increase in value. One example is a 3 bed house they want 77k and in the same street is a property at 60k with a sitting tenant who has been there 12 years.
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
wow that does not sound like the kind of deal I woudl want to sell onto an investor.
@TheWonderful77
@TheWonderful77 6 ай бұрын
Great advise, thanks for creating the video😊
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
Glad it was helpful!
@mafiosoginger
@mafiosoginger 6 ай бұрын
Susannah, it is so nice you are so proud of your young students doing well in the property business. I am learning a lot from your videos , many thanks
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
100% Great to see people do so well. But down to thaier hard work that is for sure!
@domever7899
@domever7899 6 ай бұрын
My accountant says that flipping is not considered a capital gain due to it not being an 'investment'. The CGT allowance is now also £3,000, which shows how outdated this information is! Please make sure you do your homework!
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
This channel is 15 years old so as and when things change we will make new videos! I have had a break as I recovered from 4 seperate cancers, but am cheerful and well and NED now, so excited to start making content again. Never heard of flipping described that way, is your accountant property specialist? Mine is happy to still suggest even with the lower lax break to flip in personal name one a year, but it will depend on your situation.
@oaesan
@oaesan 6 ай бұрын
My first rent to rent is fetching me over £1k profit after all expenses. Sometimes, I don't visit the place in four months. I even travel to Africa and manage to keep it running when I was using it for AirNBBnB. While R2R is not an asset or wealth growth strategy, it is an introduction to property, can give you some tidy income 'passive' income and be a stepping stone to owing your own assets. Having said that, if things do go wrong, you could struggle - for just a little while. I've been very lucky.
@liannecarolan9408
@liannecarolan9408 6 ай бұрын
Sounds great! Do you know where I could get a template spec please?
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
we share our with our students in our Academies - as part of our property development masterclass within the flipping academy. That's one option for you. thegoodpropertycompany.co.uk/product/start-flipping-property-academy/
@mr2octavio
@mr2octavio 9 ай бұрын
Thank you for being a leech in the urban system!
@cancer2361964
@cancer2361964 9 ай бұрын
what do i do if my buget is 100k how do i analyse a deal from start to finish beginner
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
Here is a free checklist we use to analyse deals. thegoodpropertycompany.co.uk/product/analyse-your-property-portfolio-checklist/ Plus another on costing up a flip project thegoodpropertycompany.co.uk/product/work-out-flipping-property-costs-checklist/ That should help start you off right!
@conormcevoy7510
@conormcevoy7510 10 ай бұрын
Hi Susan, how did you arrange the access to the upstairs unit?
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
we bought the whole building!
@SherylCurran-t5x
@SherylCurran-t5x Жыл бұрын
Its JCT minor works contract.
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
yup you got it!
@tgordon01
@tgordon01 Жыл бұрын
Great advice, my old director would always change half way through once materials had already been delivered to site.
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
what a nightmare!!!!!
@28newby
@28newby Жыл бұрын
Do you have a automated system or do you have a team that does this for you
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
both. We use automation wherever possible and then a live team with an ops manual.
@Memnon-mh9vc
@Memnon-mh9vc Жыл бұрын
Thank you!
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
you are so welcome! Keep going!
@EmptyPropertySeller
@EmptyPropertySeller Жыл бұрын
Susan, you always give good advice and a lovely person to boot
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
Thanks! I try!
@cdogvlog5557
@cdogvlog5557 Жыл бұрын
If all the windows are open at least the house is being ventilated. Otherwise you get moisture and mould growing.
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
True, but then the bills are super high! Ahh never get it 100% right do we, always a balance.
@cdogvlog5557
@cdogvlog5557 4 ай бұрын
@@susannahcoleuk you can install a ventilation system. It circulates the air around the place, and takes warm air from the attic and brings it below etc. Might be worth considering.
@101yayo
@101yayo Жыл бұрын
What if you don't have a garden? or a fish tank?
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
then maintenance is easier!
@vanessakellow2957
@vanessakellow2957 Жыл бұрын
Please talk about the tax implications. HMRC s24. Nightmare
@susannahcoleuk
@susannahcoleuk 4 ай бұрын
Dear lord, yes I will make videos on this. Thanks for the suggestion.