Inside this 6 Bed HMO Conversion UK - Month 1 Update

[@dezc3168]

like you energy ... seeing you young men being so positive is very inspirational ... good luck

[@KelvinSillah]

I appreciate that! Thank you for watching

[@CoshanUncharted]

half way thro this vid and its looking very good your ahead of the game. whats the best platform to speak privatly? im asking because im looking to move into property game myself most likely in the next few months and im a qualified plumber for 18 odd years and there could be scope there to work together. Im from east london not far from were your from

[@KelvinSillah]

Thanks for the message. Sure drop me an email and we can have a chat. Email - [e-mail] Thanks

[@obdirect]

This was so insightful! Great video Kelvin ☺

[@KelvinSillah]

Glad you enjoyed it! The next few updates should get better!

[@jonathanadelakun2242]

Thank you, Kevin

[@KelvinSillah]

You are most welcome!

[@prestigeeventsdecor2018]

Well done Kel

[@KelvinSillah]

Thank you!!!

[@duffinvests]

Very informative. Been thinking about doing HMOs for a few years. Good luck with the refurb!

[@KelvinSillah]

Glad it was helpful and always open to have a chat on HMO Investing when your ready. Thanks Peter!

[@jamesreeve]

Great video mate! Love the content. Is the 6th bedroom in the loft?

[@feliciaflinders]

❤❤ amazing progress

[@KelvinSillah]

Thank you! Can't wait to share the final product.

[@DavidReyMusic]

Looks promising my guy 👑

[@KelvinSillah]

Thank you bro! Loads more to come.

[@SamM-j5z]

Great video! Which area of Manchester?

[@karolisbaublys]

Should have used metal profiles for suspended ceiling, not sure If I seen anybody doing that in timber, timber is very sensitive to moisture and temperature changes, plasterboard will crack

[@zulfqarali905]

Hi Kelvin 😌 keep it up you are doing a great job and having fun making some brilliant videos superstar Ali Walsall west midlands england junction 10 m6 Walsall churckery up the walsall

[@KelvinSillah]

Really appreciate your message! Thank you for following the journey

[@kugzilla]

Are you insulating the external walls? Im guessing yes from the stud work?

[@KelvinSillah]

Good spot! Yes, all external walls will be insulated which will help with improving the EPC rating of the property. Hoping to cover this in the next video.

[@kugzilla]

@@KelvinSillah cool , heres some cool tips of what to add in the video -Heat loss before and after -u values - why you went with a certain insulation over another the thickness you chose vs building regulations part l -Changes to U-values and epc over you remodel - and an idea of payback period and also show tenants comfort as importance Really boring points but I am sure you will find a way to make it fun and exciting . Can add a selling point to your portfolio on energy effieciency , hence costing less in the long run . especially for all inclusive lets . good luck and cant wait to see what you come up with

[@AJD-Home]

Great tour and presentation... Well done. Just some gentle advice... Work on not saying "obviously" and "literally" when it's out of context or not needed. You sound like a very capable guy. ✌🏻❤️

[@KelvinSillah]

Thanks for the tip! Still getting fully comfortable on camera but you’re completely correct!

[@AJD-Home]

@@KelvinSillah You're fantastic on camera... And I'm confident in you. Well done pal. I wish you every success. 👊🏻

[@lizzieloves.x]

🚀🏠🙏🏾

[@KelvinSillah]

Thank you!!

[@matt3789]

Undesirables will be living in these hmos. Whats the risk it gets destroyed by these people?

[@JSRandhawa221]

best get some asylum seekers in as the government will pay to make property good once they leave..may be a good option to consider as we cannot all have high flying young executives as tenants so will end up with some bad ones who will pay rent for a few months and stop paying....that can destroy cashflow

[@KelvinSillah]

As we will be creating a high end property we will be aiming to house working professionals. I'll be advertising the property 1 month before completion to ensure we have the most amount of time to get the best tenants.

[@JSRandhawa221]

you doing this all on borrowed money and exactly when do you start making money? Cash flow can kill any business

[@KelvinSillah]

I start making money once the property has been refinanced and my customers have moved into the property and start paying rent. I've borrowed funds from the banks and private investors to benefit from monthly cashflow for many years to come.

[@JSRandhawa221]

@@KelvinSillah will the refinancing pay off the investors.... so your cash flow is actually borrowed money which is fine but it will truly be yours once you have got the bank off your back. Do not fear the tax man will be knocking next.

[@sandramcintosh2231]

Thank you very much for this. It is detailed and helpful, I'm going to invest and have done courses, you have covered things training failed to.

[@FifaRipzHD]

Truth be told if you want to build a large portfolio but obviously be in debt this is the route to do it, but once you have 2/3 paid off in cash the cash flow itself will get you another property within a couple years. The slow and safe strategy. He obviously likes risk.