*NEW* Day In The Life Of A REAL London Property Developer | Part 5

[@bluereign]

Great video. Love the sense of community and the sharing of info.

[@deborahrose7047]

Really excellent teaching, each one teach one, fantastic

[@tajahalcindor2607]

Love this vlog! First to comment. Thank you for giving an insight into your day. I appreciate you showing that each day is different but perseverance is key🥳🥳🥳🙌🏾🙌🏾

[@PropertyByKazy]

Thank you Tajah!

[@ljbestatesltd3594]

Loved this experience, would love the chance to be apart of the PBK community and be involved more in events and the property game.

[@paulkamara281]

Why don't you?

[@Leonjbltd]

I’ve subscribed to be but haven’t yet been accepted

[@paulkamara281]

@@Leonjbltd 😀

[@TejTalks]

Man is ACTIVE

[@PropertyByKazy]

@@TejTalks Busy this year 💪

[@lhefe85]

Nice vlog. Question, what's the minimum you like to make on these 1 to 2 bed conversions, what kind of numbers did you do these ones and did you require planning?

[@PropertyByKazy]

@@lhefe85 They are still in progress so cannot talk on concrete numbers as they are all predicted profits. But I would say work in % RIO Annualised because making 100k in 2 years after investing £300k isn’t as good as making £50k in one year if you only invested £75k… if that’s makes sense

[@lhefe85]

okay got you, thanks

[@natashashillingford916]

Celery Kazyyy 😂😂😂😭

[@neilp7623]

I just looked at your companies house and your asset value is 3k. You got some good wisdom on this video but don’t inflate numbers in socials

[@PropertyByKazy]

@@neilp7623 Interesting, so you think I brought 4 flats in london with £3k? I must be a better investor than I thought 💭 The road names / address arnt hidden FYI.

[@badmind9293]

Do u think that makes sense u fool😂

[@Billy_W]

​@@PropertyByKazyWhy does it only say 3K then?

[@bartoni79]

With flat 2, as you just bought it, are you entitled to bunch together with the other land lords to buy the freehold? I thought you had to own a property for 2 years to be eligible to buy the freehold?

[@PropertyByKazy]

So in regards to buying the freehold, there isn’t a time restriction. The restriction needs to be that over 50% of the leaseholders need to come to come together to buy the freehold. I think you’re mixing it with the 2 years required to extend the lease within the leasehold reform act.

[@bartoni79]

@@PropertyByKazy ah - that’s it! I tried to subscribe to your mailing list but it doesn’t seem to work

[@PropertyByKazy]

@@bartoni79 thanks for letting me know, will look into the dead link. In the meantime you can subscribe using the link in my Instagram bio 💪

[@bartoni79]

I’m assuming they’re leaseholder flats… do you need freeholder approval to change 1-2 bed flat? Can a freeholder refuse you permission to convert from 1-2 bed?

[@PropertyByKazy]

@@bartoni79 Yes you do need freeholder approval. Interesting side note even if there share of freehold you also need approval from your co freeholders. In terms of can freeholders say no, short answer is yes they can, longer answer is you can generally fight it as most leases have a clause that says something along the lines of “freeholder consent cannot be unreasonably withheld” so you need to ensure your plans are reasonable and not detrimental to the building or other leaseholders.

[@nicotrompetas4731]

Have you ever had issues getting consent? What are the challenges? Do you normally get consent prior to offer being agreed, prior to exchange or after completion? Thanks in advance for the help

[@bartoni79]

@@PropertyByKazy great answer! Thanks. Is it hard to get answers from the freeholder? Do they ever ignore letters when you try to approach them about asking for consent?

[@bartoni79]

Can you recommend any bridging loan companies?

[@PropertyByKazy]

Sure email [e-mail] and I’ll do an intro to my broker

[@jasonpatterson365]

👏🏿👏🏿👏🏿

[@DexterCasey]

Every area your in I'm from and I value seeing how to develop in the local areas Croydon Beckenham ForestHill etc. However I'm completely confused the guys your meeting in DL look like Teenagers. It's inspiring but I do not understand how they are getting started so young?

[@1sby]

EMPAHSIS ON REALLLL BECAUSE ALOT OF FAKE 😂😂