Cashflow Or Capital Appreciation... Which UK Property Investment Strategy Should You Focus On?

[@christopherbarker976]

👍very good Tony keep the good work up Christopher Barker

[@YourFirstFourHouses]

Thank you Christopher 😃

[@rorronoazorro6107]

Amazing content sir !! Thank you endlessly!

[@YourFirstFourHouses]

Thank you so much 😃

[@rorronoazorro6107]

@@YourFirstFourHouses you are very welcome:) are you gonna be working on your Chanel ?

[@YourFirstFourHouses]

Yes indeed… but I am currently spending 100% off my time filming the new course, which is taking an eternity 😫 ….. it should be worth it though when it’s done 😊

[@rorronoazorro6107]

@@YourFirstFourHouses well you know how they say. If you want to go far go together ;) Let’s see if it will be but so far you’ve done a great job sir

[@XsythX1]

Looking into February next year releasing some money in my house to buy my first buy to let.

[@YourFirstFourHouses]

Well I wish you every success Andrew 😃

[@krisjenkins4167]

Great video. Not much stuff on youtube about title splits, maybe an idea for you

[@YourFirstFourHouses]

Thank Kris 😃

[@Gachartales7124]

Good presentation

[@YourFirstFourHouses]

Thank you 😊

[@jackw5630]

Plan in place, action to follow shortly after refinancing a current property 😀 two years I should have cracked it 👍

[@YourFirstFourHouses]

That's great to hear Jack 😃

[@odysseasv7138]

What you think of someone buying their first property as a 2-year BRRR? So to elaborate, plan is Find deal BMV, Buy with 25% Deposit on a 2y fixed mortgage BTL, then Refurbish, Rent it out to tenant and in 2 years time refinance (as you should have increased the value of it forced from the refurbishment, plus you bought BMV). Hopefully taking out at least 60% of your money, and it has a positive cash flow each month through rent. Do you think is good and safe plan for 1st time investor?

[@YourFirstFourHouses]

Have you spoken to an INDEPENDANT mortgage broker... Will they offer you a B2L product as a first time buyer? If they will, it sounds like a good plan to me 😊

[@odysseasv7138]

@@YourFirstFourHouses thanks. But why won't they, if the deal is good and numbers make sense, enough income from my end, I'll finance myself my refurbishment and credit score etc all good.

[@YourFirstFourHouses]

Although I have a view on this, because I'm not FCA approved, I can't really help you further here. Can I suggest you have a chat with an independent mortgage broker - they'll be able to give you all the facts. I wish you every success moving forward. 😊

[@ajlow5]

Interesting video! I have 140k to play with and a net salary of 50k per year as a carpenter. I can save about 1k per month which I could re-invest with the rent coming in to let it compound. I would like to leave my 9-5 within the next 3-5 years through property investing and just work part time as and when I chose to on my terms to fit around a lifestyle that I can create. Is this possible within this timeframe and what would you recommend as a brief road map to get me there. Thank you

[@YourFirstFourHouses]

Hi Anthony, I’d be happy to help, book a coaching call… www.yourfirstfourhouses.com/coaching

[@benrabahmohamed9657]

Both

[@YourFirstFourHouses]

Cool :-)

[@matthewedmondson2713]

How did you get around being 'instantly unmortgagable' because of the day job?

[@YourFirstFourHouses]

My broker eventually found a lender, but I recall the fees were VERY high - as was the interest rate 😕

[@donking2000000]

sensible tips there - question, the 6 to 9m refinance strategy, can that be done using a BTL mortgage and would it be best done via the "further advance" route or a full "remortgage" taking into account penalties?

[@YourFirstFourHouses]

I'm so sorry, I'm afraid I don't understand the question?

[@darrensullivan6173]

Btl mortgages are stand alone I believe I’ve not heard of remortgaging or further advancing in existing properties

[@YourFirstFourHouses]

Thanks for your comment Darren, you may well be right - I'm not sure - as it's not something I've ever done - whilst keeping an existing B2L mortgage in place.

[@donking2000000]

@@darrensullivan6173 thanks I'll have to look into it but did gather it was possible if there was an uplift in value to the property of course and there's enough deposit left in

[@donking2000000]

@@YourFirstFourHouses no problem, I was asking whether you could get additional borrowing where a property goes up in value say after a refurb following the BRRR strategy - but bearing in mind it was purchased on a BTL mortgage to begin with.

[@mhoward181]

Cash flow is better. Unless you can tell me how long I have left on earth lol.

[@YourFirstFourHouses]

What a great answer 😃😃😃

[@ctrl_alt_del_001]

Damn - good point,

[@adejuwonodugbesi3102]

This comment should be PINNED! lol

[@truth.speaker]

I'm disturbed about the idea that we can know where capital will appreciate. How can anyone possibly know which areas will be worth more in 20 years? If your entire strategy relies on the market moving that's extremely risky. It's basically a Ponzi scheme, not an investment

[@YourFirstFourHouses]

I agree… no one can know absolutely 100% for sure which areas will be worth more in 20 years time and it would be stupid to base your entire strategy on the market moving [upwards].

[@ron5378]

Why not just buy one property in London (lets say £500k)? After ten years, it's worth £1m. That's £50k a year increase, plus any rental revenue you may have generated during that period. Then renovate it, perhaps increasing the value to £1.1m, or £1.2m. Then retire as a millionaire; either living of that rental income, or sell that property and re-invest it elsewhere. This is my current plan; please let me know if anyone sees anything wrong with it, or has a better idea.

[@YourFirstFourHouses]

Thank you for your post Ron. The only thing I figure I'd want to highlight here is... "How do you KNOW it will double in value in ten years?" I'm not saying it won't... but there's no guarantee is there?

[@ron5378]

@@YourFirstFourHouses No investment has guarantees, but historically, prices tend to double every seven to ten years, apparently. There may be a dip when the furlough schemes end. That could be the time to make a move.

[@YourFirstFourHouses]

You may well be right about the dip Ron and I wish you every success with your strategy moving forwards 😃

[@JoshFenton]

Great video Tony, thanks for sharing your insights!

[@YourFirstFourHouses]

Thanks Josh 😊