How To Invest £10000 In Property | How To Invest 10k

In today's video, I talk about how to invest £10000 in property and share 7 buy to let uk based property strategies that will work with this level of property investment
Even if you're buying below market value... a £10k investment isn't going to stretch very far. For this reason, I believe you have to use a property strategy that enables you to build your investment pot FIRST... and then you build your passive income by investing in a property investment or two, that generates a FAR GREATER cashflow, like an HMO or Serviced Accommodation etc.
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Here's to your success... Tony Law | Your First Four Houses

[@teamxtremebali6239]

Mate, you are so humble but your videos are some of the most real and informative real estate content out there. Thank you for sharing and please keep doing what you do, we love it!

[@YourFirstFourHouses]

Wow... To say "that has just made my day" is a HUGE understatement! 😃 Thank you so very much 😃

[@barristerjezzdo]

Wow! I just stumbled on your youtube account and it's sure loaded with information. Thanks a lot. I appreciate you and your content!

[@YourFirstFourHouses]

Thank you 😃

[@adrianadios5041]

I've just found your channel, I'm impressed.

[@YourFirstFourHouses]

Thanks Adrian 😃

[@TeeBoxTobies]

Legend. Ive watched every "property investor" on youtube and you're by fair the best. Keep doing what you're doing man! Thanks for the content

[@YourFirstFourHouses]

Wow, thank you so much! That's totally made my day 😃

[@mothballjim]

Another great vid 👍🏻

[@YourFirstFourHouses]

Thank you 😃

[@Jabaa007]

Great advice mate 👍🏽

[@YourFirstFourHouses]

Thank you 😊

[@alisheikh4455]

I’m only starting to get into this but I really love the way you provide information in a easy format.

[@clarisseu1442]

This is very helpful. Thank you.

[@YourFirstFourHouses]

Thank you 😃

[@TVsez]

If you have 10k to 40 find an investor who is flipping houses, study them, do your due diligence. Once you are comfortable invest in then! Give them your money. Ask for 8to10% but in return Shadow them (education) hopefully your due diligence has paid off and you've learnt something and made some of the money. Then go it alone. There is no get rich quck schemes in this game. You win some you lose some... But ultimately what you have learned will guide you to the front but understand this game isn't for everyone. Good luck 🙏

[@YourFirstFourHouses]

There's a lot of sense in that comment 😊

[@mirandnela839]

Like any other game or industry, there always will be 2 main factors: Risk and Dedication. In order to understand the game, you have to be in the game. Without loosing money and time, you can’t succeed. Eventually, when you come to the point that you know your industry inside out, than you know what you are doing, the risk will be rather seeing as a opportunity, because your confidence on the product has grown.

[@thesparetimepropertyinvest4882]

Great video!

[@YourFirstFourHouses]

Thank you 😃

[@Cha1bs]

Liked and subscribed. Hoping to complete on my first BTL in February.

[@YourFirstFourHouses]

I wish you every success with it! 😃

[@joediangelo5265]

Just found your channel. Excellent content. I'm hoping to buy my 1st rental early 2021

[@YourFirstFourHouses]

Thank you Joe, I really appreciate that 😃

[@Journeyjunkee]

Amazing. Thank you

[@YourFirstFourHouses]

Thank you 😊

[@iHDMurray]

Do you ever work on building projects or do any videos on them, such as acquiring land, getting planning etc and building houses to sell? Great video as always by the way! Thank you.

[@YourFirstFourHouses]

I haven't so far, but that's a very good idea 😊

[@ravsingh1576]

Fantastic video. Very clear, informative and possible. Thank you for all the great information, will definitely be sharing.

[@YourFirstFourHouses]

Thanks so much Rav 😃

[@MarlonKingShow]

Thanks for the video, very clear. Would love to do this with £10k, just don't feel like any options possible in the UK due to it being so expensive. I feel like a sitting duck.

[@YourFirstFourHouses]

I'm sorry you feel that way Marlon and hope you manage to find a way to move forwards. Feel free to book a 45min coaching call if you need some help

[@FSshizz]

Great videos, currently on a spree on your channel lol. With BTL is it always 20% down or can it be realistic to say in a fair few cases 15%? I went to the bank to set up a savings account specifically for BTL property investing and the bank manager said why don't I ask for a consent to rent with a regular mortgage, is this also possible as I wouldn't have to invest as much or is it too complicated for consent to rent?

[@nathanberriman4330]

This guy is very watchable because he is very genuine

[@YourFirstFourHouses]

Thank you so much Nathan 😃

[@matthewpleasant14]

Great content as usual, I loved this as I am about to invest in property with 10k deposit (plus fees and more savings for furnishing and decorating) to buy my own place, but I am also treating it as my first investment, having two spare rooms for lodgers to cover this property mortgage and tax costs... and to build my equity whilst working my day job for my next investment. Thanks for all your advice!

[@YourFirstFourHouses]

That's just awesome Matthew and I wish you every success moving forward 😃

[@johnjoe105]

O this isn't how I'm spending my 10k to get into properly, I'm buying a little Terrance house for £50k in a ok area and ok condition house, it's just up north so super cheap, it will return £495 a month rent so will save this for the deposit on the next house, once I have 3 or 4 houses, it will be much quicker to purchase more. 🤞

[@TheMajorpickle01]

@@johnjoe105 50K house? where out of curiosity, haven't seen those kind of prices even in Bradford on something that isn't practically a write off

[@Gruig15]

Hi Thomas, Love your KZbin feed, learn a lot from you. I am looking for £160,000 against my property in London SW17 that has an estimated value of £385 to £360. I live overseas and bought my apartment with cash. I have never had a mortgage. Can I refinance a deal or in other ways? Please advise, thank you

[@yurihuski]

3:40 On that note do you have an idea how big the lounge should be? and if making a 1 bed flat into 2 bed does it really increase flat price when you sell it? if so would it be more to cover the investment when selling the flat after changed it to 2 bed? because the whole size is the same would it make much difference?

[@chronicminds7484]

It does because when you add something to a property such as an extra bedroom or better furniture whatever it makes it different to the other flats and more unique and the price goes up because you’ve added something to that property that others next to it might not have

[@tartsanddarts6877]

Im living in a 3 bedroom with 2 gardens but its too big for me. I have around 20% equity in it so im now atarting to save amoney for a 10% deposit to downsize on a new home and get my equity to around 25% so i can rent my current home out. I should be ready in around 4-6 months. The rent will cover both mortgages which will leave my monthly wage for me to save another 25% deposit which will take me another 7 months. Im hoping in 2 years i have a new home and at least 2 hopefully 4 rented out which is my goal for the immediate furture. Does this sound viable and am i working in the right direction?

[@markharris6395]

Hi, I am looking at getting started with my first buy to let but wondered if an off plan new apartment at a discounted price would be better ? Would you suggest a house on the outskirts of a city or a new apartment city centre ???

[@RyanWillis227]

what I've learned from other youtubers is that it's good to buy a property that still needs a little bit of work - so that you can add the value and start letting.

[@YourFirstFourHouses]

I agree............. IF you can get it at the right price of course 😉

[@tonyc1167]

10k will go no where investing in property, 25% deposit for BTL, legal fees, refurb costs, all the fees for estate agents to set up with them and find tenants, hopefully you find good decent tenants who pay and look after your property. then second homes need pay more stamp duty, then there's capital gains tax when you sell a second property or more. bridging loans aren't easy. better to just flip property's which I do, the problem is I'm seeing there's a shortage of property's to flip as everyone is getting on it.

[@YourFirstFourHouses]

Thanks for the post Tony and I agree, it isn't "easy" getting started with 10k, but it absolutely CAN be done. You just can't buy in the "conventional" way (IMHO)

[@manchesteryoutube2108]

I am hoping to start with r2rsa and start building my cashflow like that then move onto other options

[@YourFirstFourHouses]

I wish you every success :)

[@manchesteryoutube2108]

Still unsure about r2rhmo or sa

[@drewwalsh5008]

Im working on the same thing and I’m purchasing a few training courses and attending networking events for advice. What about you?

[@manchesteryoutube2108]

@@drewwalsh5008 for my first 1 or 2 r2sa I'm using a sourcer who can manage it or I'll find management and then build from there. I've watched so many videos . What about you

[@kidsEntertainment-rk9ov]

Increase volume

[@atlantis5931]

Im now i already at 6 properties but im in the real estate for 4 years 😅 but great video I highly agreed with you

[@YourFirstFourHouses]

Thank you 😃

[@siakelley2345]

Nice

[@controversialzimbabwetv6807]

Nice

[@fab6025]

Hi tony, i have question , if an auction bid price started at £ 10,000 how far you think tha price could it goes on average? Thanks

[@YourFirstFourHouses]

I'm sorry but I have no idea

[@talkingballs]

Is there an updated link to your Property Mini course?

[@YourFirstFourHouses]

Unfortunately I’ve mothballed that course for now I’m afraid - I am sorry

[@MBO_Bama]

Would you recommend a buy to let mortgage to renovate a small property like a two bed terraced or small flat?

[@YourFirstFourHouses]

Great question... But you need to ask an Independent Mortgage Broker

[@stevedennis6572]

You'll be able to gets lots of properties cheap when the crash comes!!! You just have to watch for the high interest rated around the corner!

[@YourFirstFourHouses]

You may well be right Steve

[@lordzak1501]

What do you reckon is the lowest budget to start property is???

[@YourFirstFourHouses]

Hi Zak... If you check out my channel you should find a video where I share 8 ways to invest with NO money... Take a look when you have 5 mins 😊

[@tartsanddarts6877]

Im currently looking in my area for my first buy to let property. I live in the north east so i can pick a one up for around 45-50k (or even less). So basically if i work with your figures then this will be a good guide on what fees i need to pay. So with a full refurb plus start up costs i need to be looking to have around 20k to start (£13k cost and £7k refurb). I have seen 1 for £49k and im thinking of offering 15% below market value so £41. So once the refurb is done houses on that street are on zoopla for £70k. If i got the initial mortgage for £41k minus 25% so £31k and the value was £70 minus 25% so £53k. So at the end i would make £53k minus £31k which totals £22k which would pull out my deposit fees and refurb? Then i could start all over again and enjoy the profits from the £400 pm rent which this would get me. Hope i have this correct and thinking along the right lines. Also another quick question for you is what if the purchase price is very low like £25-£35k. Is it still same principle for buy to let mortgage and stamp duty etc? Not sure if theres a minimum value to start a buy to let. Thanks lee

[@steelcitydomains2356]

Dont think sub 50k mortgages are common if at all available... neef to check as werent last i looked...mainly bridges... good numbers though and you got it exactly right..im not too far away down in yorkshire.. few other tricks too for the initial ones if you fancy a natter.. are you on insta?.

[@evan3813]

Your too underrated 👍

[@YourFirstFourHouses]

Thank you so much 😃

[@bencoates1726]

Hi tony, was just wondering if you still do seminars/courses and if so when?

[@YourFirstFourHouses]

Hi Ben, thank you for your message 😊 I'm now mostly online with my content and courses to be honest. If you check out my website you will see my free mini course and also my paid program (together with the coaching options). I hope that helps 😊

[@matthewwhite849]

how did you replace your kitchen income in 18months? e.g. what kind of propterites did you buy Hmo's, r2r and single lets etc..?

[@YourFirstFourHouses]

Hi Matthew... To be honest it's a bit of a mixed bag... but my suggestion is to focus on just one or two specific strategies and try not to deviate too much 😊 I wish you every success for 2020 😊

[@thomaschippindale]

So how would you start with £100k if you where a UK expat living overseas, looking to invest in the uk?

[@YourFirstFourHouses]

Hi Thomas, perhaps you could send me an email about this and I can try to help. [e-mail]

[@sambrant5976]

Hi Thomas, I work for a Bank over here in the UK that can assist Expats buying property in the UK. Feel free to get in touch with me on here for more info.

[@inusfamilyfun7255]

Hello, I have 2 Btl properties thinking to sell 1. But if i don't sell and have 2 do I have a good chance to get 3rd one? Or doesn't it matter if i have 1 or two? Thanks

[@YourFirstFourHouses]

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

[@inusfamilyfun7255]

@@YourFirstFourHouses what I'm trying to ask is weather its easier to get another btl property as i own 2 btl already or does this not matter? Is it easier to get btl property the more properties you have for example I have two already. Thanks

[@YourFirstFourHouses]

T Man I'm so sorry, I see what you're asking, thank you for clarifying. Yes... It certainly should be 😊

[@tricky1992000]

I have 10k to invest in property right now, with access to another 10k for refurb/fees. I'm looking for anything at 50k (I can't get a mortgage for less) and I am looking in the South/East Yorkshire and Lincolnshire areas. I wish I know of a provider that did provide mortgages for under 40k because I know of a ton of properties I'd chase up. I'd Like to get into deal sourcing but I don't know how i'd find clients to sell property too, I can be time rich as my job can involve a lot of waiting around So I have plenty of time for rightmove, zoopla and auction websites.

[@YourFirstFourHouses]

If you feel it would help you I offer 45min 121 coaching calls. Just go to my website for details 😊

[@ray4900]

@@YourFirstFourHouses How much do you charge for the 121 session?

[@YourFirstFourHouses]

£147

[@TroopsClips]

Can you go in depth on a rent to rent video?

[@YourFirstFourHouses]

I really should shouldn't I... Thank you for the suggestion 😊

[@wololo4761]

Not clear on the options. You have the option to buy but not the obligation. Surely the second you start modifying the place that would trigger the obligation because you're going to return it in a different state?

[@YourFirstFourHouses]

That's a very good point Michael, thank you for making that clear and yes, if you're planning on returning it, i may well need to be returned in the original state. However if you think about it... If you're UPGRADED the property, is it likely they would want you to return it in its ORIGINAL state? Also, can i suggest the only reason you would move forward with an option at all, is because from the outset you fully intend to either (a) take ownership yourself or (b) sell it on. I hope that makes sense and thank you again for your (absolutely correct) comment.

[@wololo4761]

@@YourFirstFourHouses thanks that's all very logical. Setting up such a deal very much sounds like something that should be done under the watchful eye of a solicitor with experience of such contracts...

[@YourFirstFourHouses]

I TOTALLY agree... One for you... And one for the seller 😊

[@Idkwhy0594]

Hello, thanku for helping thru video. If u can pls recommend me the property where i can earn every calender month

[@YourFirstFourHouses]

Hi Ayesha, thank you for your message, but I'm afraid I don't understand how I can help you?

[@mirandnela839]

Hi Tony, hope you are well. I am trying to build some passive income and build portfolio. I was wondering what is your website so I can write an email to yourself, and we can move from there. Thank You 🙏

[@brooklynchase1477]

Are you interested in finding new ways to make your money work for you while you focus on other things in your life?? This is called financial freedom 💯 Are you interested in creating extra money for your business through investing in bitcoin and learning how to trade it daily for extra profits, this is possible, I do it, you can do it too👍 I hope you're interested in this opportunity, kindly disregard if you're not interested in this offer, thanks

[@bobobobren]

Hi there I made a bid on a property that a receiver is selling through an estate agent..I'm offered cash. This offer was made early December 2019..the estate agent told me he wasn't looking at anymore offers and told the reciecer to accept my offer that was 4 weeks ago...the estate agent said heyl get back when he gets word back.. Is this taking too long going through a receiver? Should I be concerned?

[@YourFirstFourHouses]

I guess it could be argued Christmas has gotten in the way... If i were you I'd just keep gently pushing, or maybe even see if you can email the receiver directly, but did it from a "wanting to help them out" standpoint. So maybe write asking if there is anything they need from you to help move this process forwards (or something like that). But if CERTAINLY start by gently pursuing the agent. With that said, this is just my opinion and ultimately you will of course need to make up your own mind on the best way forward (I don't want to lose the house for you!) 😊 I wish you the best of luck with it 😊

[@bobobobren]

@@YourFirstFourHouses thanks a million..I'm going to email him again but with a very much a soft approach..😊

[@bobobobren]

Hi Tony again..i got offer accepted! Thought i might let you know..so hopefully there might be no delay from here on.. Thanks again for your help.

[@YourFirstFourHouses]

A BIG congratulations 😃

[@gismopatch]

With £10k could I buy a flat, then rent it. What do you think of this

[@YourFirstFourHouses]

Sorry...... I'd need a LOAD more info than that to give you an answer of any worth.

[@gismopatch]

Your First Four Houses thank for the reply, I literally just intend to to buy a flat for £10k, and let someone live there, I could rent it for any amount of years. I am 18, and I see that if I held it Long enough it’d eventually return the investment

[@YourFirstFourHouses]

I completely understand and if you buy the right flat at the right price in the right area, in the right structure (own name vs company etc) that can work well. I wish you every success with it 😃

[@gismopatch]

Your First Four Houses I’ll watch more of your videos so I can better inform myself

[@lllllllllll11111lllllllll]

Will this work in the US😆😆

[@YourFirstFourHouses]

Which of the 7 different ways are you questioning Jorge?

[@johnstephens2510]

How would you best invest £250,000?

[@YourFirstFourHouses]

I'd be happy to give you my view on this. Feel free to book a coaching call with me here: www.yourfirstfourhouses.com/coaching

[@jimboyuk1]

It's not rocket science. John Stephens. Choose a location near you and buy as many places as say a 25 per cent deposit allows. Base your numbers on the assumption that you will use a managing agent to reduce your workload. Choose properties where you return on investment (return on deposit) is at least 15 per cent. No need to spend money on courses when the principle is so straight forward. Of course usual caveats.....do your own research.

[@johnstephens2510]

@@jimboyuk1 always good to get opinions.I know the basics and doing exactly what you lay out, except probably not going to be local to me for these next investments as i want cash flow. I was hoping there might be a plan to go for say, one larger building, or commercial. I stumbled on a property containing 5 apartments recently and i like that idea

[@jimboyuk1]

@@johnstephens2510 a single building certainly makes things easier to manage. The only issue I have with flats (based on personal experience) is the hit you take on yield because of service charges.

[@johnstephens2510]

@@jimboyuk1 This was a free hold of the building just five flats inside. All rented, much more than the building would rent out on its own. had its problems, two very small rooms and some current tenants not so good but all on STL contract. I like the idea of a unit but good deals dont come up often and go fast it seems.

[@timpeachey9394]

And then coronavirus happened....oh

[@YourFirstFourHouses]

Yes indeed 😕