Turning DESTROYED Property into £1.4 MILLION HMO (26 Bedrooms)

[@rakibulislamarafat6970]

This is too good for the internet. Respect Samuel!. Keep doing the good work.

[@andersonpachon9631]

Amazing project

[@narellecowanproperty]

Amazing story. Congratulations guys 🙌 x

[@badboytomas]

Hi Samuel, please can you do a video on how to get landlord to switch to holiday let mortgage so I can do R2SA?

[@matthewleonard1402]

They won’t.

[@JoshuaWatson-n9q]

Drove past you filming this 1👍

[@snorttroll4379]

Can one get the equity portion of a loan bh having part of the ownership transferred into a holding company and pledge that as the collateral? How do those numbers pencil

[@outere2044]

Well done

[@ahmedelshaaraby]

At 7.12 you did not include that they need to pay the mortgage so it's not profiting 187k a year

[@ralucauk]

New editor? The music in the background makes it hard to follow the words 😬

[@Naturalbabu4083]

Hlw sir ...i m bangladesi middleclass family...money is my prblm....i want dual suspension cycle...plse sir plse....god bless you

[@jamesgallant1690]

Good luck guys. The building you have bought is located next door to where drug addicts and alcoholics are housed. I hope that was taken into consideration

[@kashjavid]

Well, regardless of the external factors, the house is now valued at £1.55m and turning over £187,000 annually.

[@Andy5c]

I like these shorter style videos. Managing a 26 unit HMO however ..... that's a full time job in itself could be a distraction

[@snorttroll4379]

26 units, is that enough for a manager?

[@Lawrenceofarabia24]

650 pounds is a bargain 😂

[@hamzaba4729]

Please Samuel, tell me how i can start deal selling UK properties from Tunisia, can i do it from computer from abroad and do i need to have a British partner to start?

[@ALAXUKNUTRITIOUSLTD]

Start business buying unbranded things from china sites. I make 600 week. Send 70. Buying everything from cloths to bags to watches

[@prodkitz]

@@ALAXUKNUTRITIOUSLTDdo you have Instagram bro would be good to have a conversation with you if you’re down

[@34547]

England, English *

[@lukebrown8580]

650k + approx 120k refurb = 770k Average of £600 per tenant per month x 26 = 15k a month = 187k a year 770k / 187k is 4 years return on the 770k they have spent if they keep hold of it or keep renting and make 187k a year gross profit OR refinance as discussed Pretty decent tbh

[@Savoirfaire-gv9jp]

£4,600 per room? Unlikely

[@lukebrown8580]

@@Savoirfaire-gv9jp it’s 600 per room x 26 rooms

[@Savoirfaire-gv9jp]

@@lukebrown8580 120k refurb / 26 rooms = 4.6k, and what about the common areas. Seems very low

[@Savoirfaire-gv9jp]

@@lukebrown8580170k / number of rooms = 4.5k per room and ignores common areas. No way it gets done for that

[@Savoirfaire-gv9jp]

@@lukebrown8580 120 k refurb cost / 26 rooms = 4.6k per room ignoring common parts. It will clearly cost more

[@Sanchyfab]

Nice

[@honestjoe7940]

Turning England, in to Japan! What a way to FK up, our once beautiful country. Well played???

[@kashjavid]

I don't think it's fair blaming these boys about the shortage of supply in houses. They're finding solutions to problems. What are you doing

[@bennywright12]

It's good but if they hadn't been saved by Samuel company they would be absolutely screwed... There's confidence and then there's just good old fashioned wrecklesness!

[@Savoirfaire-gv9jp]

Renovation costs are not realistic

[@TheDomainNameGuy]

Safeguarding Codes dont work in Hmo's especially large Hmo's plus with that many tenants in 1 building each tenant will need their own cooking facilities in their own room as the kitchen and communal areas will be constantly busy and it will be impossible for any tenant to get any sleep as there will no doubt be podcasts in the middle of the night in any property of that size with so many tenants working different shift patterns etc plus building work etc tenants will need headphones just to stay in their room 3 bed Hmo's are better and a landlord can charge more rent because less tenants in a quiet house etc

[@kashjavid]

The 3 bedroom house will not be able to offer the vast amount of economies of scale that a 26 bed would.

[@CHILLNATION85]

Samuel please help a fellow brit out I've seen your videos and would really like a bit of advice on how to become financially free 😀 I'm a new subscriber I'm currently watching your videos all other u tubers talk the talk but make you pay for some bullshit course lol I can see your different keep up the good work 👏 🙌 👍 pal craig

[@kashjavid]

Get yourself booked on to a £1 crash course. I can send you a link 💪

[@hamzaba4729]

Please Samuel, tell me how i can start deal selling UK properties from Tunisia, can i do it from computer from abroad and do i need to have a British partner to start?