I Made £146,250 // 2023 Beginner Strategy

In this video, I explain the 4 strategies I used to increase the value of this investment property. I will provide a detailed breakdown of the project's costs, including refurbishment expenses, legal fees, and financing costs, to illustrate the financial implications and potential returns after adding value and refinancing.
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#ahmedkhanproperty #realestateinvesting #propertyinvestinguk #propertyinvestor #propertydevelopment #realestatebeginner #buytolet #buytoletinvestment #propertyportfolio
00:00 - 00:06: Introduction
00:06 - 02:13: Adding Physical Value
02:13 - 03:45: Adding Value Before Buying
03:45 - 06:12: Adding Paper Value
06:12 - 09:34: Maximising Your Return

[@robertbowler6130]

Thank you for saying you bought it a discounted price instead of that meaningless phrase. "Below market value" Good concise video.

[@j.4520]

You and Property by Kazy are my favourite Property KZbinrs. ❤️

[@carlbonsu]

Ahmed, Kazy, and Ravinder Auila are my favourite.

[@MSA-uj7cp]

Could you please do a video on how to increase increase the value of a rental property? Meaning, what changes can Landlords make to their flat that would increase the value of the rent they can charge. Many thanks.

[@callumprice6352]

Appreciate your videos as I am slowly progressing in property going onto my 3rd renovation

[@ThatAhmedKhan]

You got this!

[@callumprice6352]

@@ThatAhmedKhan thank you! Keep smashing it, maybe one day we could JV a project 👀😂

[@keithdechief1]

That's okay, if you're already well on your way and already have the capital to find and work the maximum number of properties you can be doing at any given time, having capital tied up isn't that big a deal. When you need the capital to keep your machine working most effectively then it's a different story.

[@rob_m]

I like your thinking and content one point I would add. At 5:38 you talk about extending the lease creating profit for you, that’s not profit. That’s value appreciation. In order for that to be profit you need a liquidity event to take place, such event would trigger tax implications.

[@ThatAhmedKhan]

i believe at the end of the video i mentioned that it was paper profit

[@xXJAY97Xx]

But can sometimes be strenuous getting permission from the freeholdsr to refurb as its a leasehold right, sometimes they can refuse

[@TobyGilbody]

Hey mate just came across your channel just subed, a quick one how much initial cap would you need to start investing in property

[@ThatAhmedKhan]

I answer that here: kzbin.info/www/bejne/iGrJmYCwZd6ibrs

[@felixlll2473]

Hey Ahmed, Love your videos. Very nice to find some education about property. But it would be great if you could speak a little bit slower and turn the music down. This would make it way easier to understand everything properly.

[@ThatAhmedKhan]

No problem! Sure, point taken. Thank you! :)

[@jeggarty]

Which tools do you use to actually find these properties ?

[@sajonmohammed]

Amazing videos. Very informative. Could you do a video on planning permission? I’d like to extend but would like to hear your knowledge on things to do!

[@ThatAhmedKhan]

Sure, I'll make a video on this

[@the_hasnat]

Huge fan of your work. Very informative. How would you change this model if you didn't use any bank loans or mortgage?

[@ThatAhmedKhan]

you wouldn't need to. The model would be even better since you wouldn't have finance costs

[@munchi7564]

Amazing video would love to k ow how your raising finance is it Bridging, Personal Loans or Mortgage then remortgaging. A video on how you finance theses kind of deals and your different ways would be extremely informative. ❤️‍🔥

[@ThatAhmedKhan]

Great suggestion!

[@sahab999]

Hi Ahmed hope you are well. After the project is finished, how do you then value the finished property? Do you send out a surveyor? Thanks

[@dragosmarin6293]

For a flip estate agent...for refinance RICS surveyor

[@AlteryxGuy]

The pictures used of the rennovated flat are the exact same as ravi Aujalas youtube videos from hes property flips in london bridge and west hampsted ?

[@AlteryxGuy]

kzbin.info/www/bejne/jHqYYqerYrampNE

[@ThatAhmedKhan]

He's my business partner. We don't flip - we hold all our properties:)

[@99evan76]

Great video, make an video on how to negotiate house price! Definitely will draw a lot of audience

[@ThatAhmedKhan]

Will do!

[@ralucauk]

love your channel!! I just can't keep up with your amazing videos!

[@ThatAhmedKhan]

Thank you so much! :)

[@Dr.JubairsFinance]

Loving the levelling up of your channel Ahmed!

[@ThatAhmedKhan]

Appreciate it! Thanks mate!

[@ajdeajde6425]

Dude, u dont know how much I love these videos, keep em up, thxx

[@ThatAhmedKhan]

Sure dude!

[@axiomg522]

Excellent and super useful information with examples! Thanks for sharing your knowledge

[@ThatAhmedKhan]

Thank you! Glad you found it useful!

[@Icgamers4321]

Worth noting that the legal process can take some time & you are relying on the other (>50%) leaseholders in the block also being onboard (they usually are, but not everyone has a spare £11k sitting around), and not to mention the freeholder also agreeing! It can be difficult just to get the contact details of 50% of leaseholders especially in larger blocks where there's a lot of buy to let investors. I know he makes good videos, but things can be more complicated than a simple 10 min video allows

[@ThatAhmedKhan]

My solicitor largely handled the process and it wasn't a big issue tbh but yes, like with everything, unfortunately a 10min video can't go into everything so more research is needed for sure

[@robertbowler6130]

I thought he just extended the lease on his flat. Nothing to do with other lease holders.

[@Icgamers4321]

@@robertbowler6130 I guess you could always contact the freeholder directly, but I very much doubt that you could have a situation in a block of flats where the leases are for different durations. (I could be wrong though!) In my situation the leaseholders are in the situation of buying the freehold outright so I have experience/knowledge of that process more

[@rhysnewton]

When you refinance and the mortgage is 337k based on 75% LTV of the new value (450k). Was your mortgage (refinance)on a BTL or residential? And were the mortgage rates factored in before buying and refurbing the property so you didn’t lose money on renting it out. Especially with the 6% rates at the moment? Thanks for sharing the information.

[@SeniorNI]

Lots of things went in your favour. I think would be a difficult sale for a residential mortgage. And with rates rising a 337500 balance at say 5% 1406 is a pain in the arse when u gotta pay tax. Landlords are done. Limited companies the way forward. I’m sure your stuff is set up this way. Cause for a regular joe RISKs are huge

[@ThatAhmedKhan]

yeah I'm in a LTD

[@lindabeam7324]

Any videos for first time Buyers please? And with the current mortgage interest rates would be very helpful. Many thanks

[@ThatAhmedKhan]

If you comment a list of the questions you have I can add them to my list of videos to make :)

[@lindabeam7324]

@@ThatAhmedKhan the questions that I had was in regarding to first time Buyer. Me and my brother were thinking of getting a family home together but these interest rates and everything that has gone up. What will be the best to do please? Also I'm looking into homes within Oldham. Many thanks and thanks for sharing informative videos. 😊

[@lindabeam7324]

@@sassysam6998 thank you so much for the informative reply. I actually stopped Viewing houses because of the interest rates. I'll continue to do this again. Many many thanks

[@lindabeam7324]

@@sassysam6998 thank you once again. I'll keep it posted on here how I've progressed and all the best to you in your career.

[@mk4reala965]

@SassySam why did you not re marry ?

[@ayushbhandari7]

Honestly amazing videos!

[@ThatAhmedKhan]

Glad you like them!

[@sayedahmed-yc9it]

Masahallah

[@TheUnknownNexus]

the service charge in this building for a one bed is 4500/yr according to a recent listing?

[@TheUnknownNexus]

NW6 4SU

[@Nadfab]

Geunious....

[@rina8208]

Please organise a training session to teach us this strategy in detail !!!

[@ThatAhmedKhan]

In person or online?

[@rina8208]

@@ThatAhmedKhan In person Please :)

[@yazkhanxxx]

@@ThatAhmedKhan online please

[@ffswhydoicare]

did you sacrifice the option to have a gas cooker?

[@ThatAhmedKhan]

I did lol

[@lawrencecheung1628]

Hi. When you say 'we' who do you mean? is this a JV with a single partner? How long did refurb take? What is the day rate of your builders? 26k to refurb including materials seem very decent. Thanks

[@ThatAhmedKhan]

It's me and a business partner. Refurb depends on the type of project but something like this is couple months normally. Rate will depend on area but in hertfordshire its around £150/day

[@freakydeeky7489]

Subbed

[@ThatAhmedKhan]

Thanks for the sub! :)

[@dammydays]

So good!!

[@ThatAhmedKhan]

Thank you! :)

[@yomiade9395]

Do you need a planning permission to convert a one bed to 2 bed or not needed? you didn't mention this in your video.

[@ThatAhmedKhan]

You don’t need planning permission to convert 1-bed flats into 2-bed flats since all the work is internal and there is no change to the external building.

[@X99Zero]

6:30 great content but that music too loud over your voice

[@ThatAhmedKhan]

Thank you! Point taken :)

[@nakkoe8161]

Furniture was 16k Whoaa

[@rickyg540]

Your videos are good content but maybe talk a little slower so we can fully understand..

[@ThatAhmedKhan]

I'll work on this in future videos

[@nanaciira]

Did you get planning permission to convert from 1 bed to 2 bed?

[@ThatAhmedKhan]

You don’t need planning permission to convert 1-bed flats into 2-bed flats since all the work is internal and there is no change to the external building.

[@JimmyBob708]

Only in the UK are people so incompetent to value a property based on 'bedrooms' rather than the physical space i.e. squared meters

[@ThatAhmedKhan]

I wouldn’t say it’s incompetence. If you have a 50sqm 1-bed flat and a 200sqm 1-bed flat, the 200sqm wouldn’t be 4x the price because at the end of the day there’s a certain ceiling price for 1 beds and as there’s only so much the market will pay for it. Also, when you add a room, it’s not that square footage isn’t accounted for, it’s that both number of rooms and sqft are used to determine the value

[@JimmyBob708]

@@ThatAhmedKhan the majority of countries in the world value homes by square meter/foot

[@i-hsiuchiang8569]

Funny that you can't replicate this now unless you have: 1. Money for down depositing, refurb, legal and tax 2. Low-interest rate Either you got a mad job in the UK, or you had a large sum of money sitting in your bank account, I don't expect a fresh graduate like me to get anywhere close to this...

[@ThatAhmedKhan]

It is harder but you can do it as long as the rental yields work. The interest rates have only affected the rental stress testing and as long as that's ok - you're good

[@jarekaw]

Whole project very interesting,but this 2nd bedroom is a joke to be honest 🤣

[@ThatAhmedKhan]

It's not that small lol

[@samidkhan101]

I think you are Pakistani,