How To Buy a House with £1,000 in 2024
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- Опубліковано 25 сер 2024
- Join Samuel Leeds Property Crash Course for £1: www.samuelleed...
In this video, Samuel explains how to buy a house starting with only £1,000 in 2024. Through Purchase Options Lease Agreements (PLOA), you can get onto the property ladder quicker than you thought! With the average house on the market for £300,000, Samuel shares the best methods to get a house with only £1,000
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Purchasing a house with £1,000 in 2024 poses significant challenges in the real estate market. While it may seem like a daunting task, exploring shared ownership or government schemes like Help to Buy could be viable options
However, navigating through the complexities of property acquisition demands careful consideration and possibly the guidance of a real estate advisor.
Absolutely, the UK housing market is known for its high costs. Shared ownership could indeed be a stepping stone, allowing you to buy a portion of the property with your £1,000 and gradually increase your stake. However, understanding the legalities, potential hidden costs, and market trends is crucial. Seeking advice from a knowledgeable property advisor could be instrumental in making informed decisions.
Having recently ventured into the property market with limited initial capital, I can attest to the complexities involved. It's not just about the initial purchase but also managing ongoing expenses. Engaging a property advisor helped me navigate potential pitfalls, ensuring that my £1,000 investment was strategically utilized for long-term gains.
I work with Carl Jason Cohen
He provided insights into upcoming areas, potential appreciation, and connected me with mortgage specialists. Nathan's guidance was pivotal in maximizing the impact of my investment in a challenging real estate landscape.
Sells the dream but if I went to him with £1000 right now, he couldn’t get me house for £1k
Why would he do that? Isn't that for you to do? There is a course on how to do it!
Guy makes his money from seminars
he does't mate hes a millionaire
i'm never engaged in any youtube advice or training etc, but this guy! I am coming for the ride for sure.
What do you think about REITS like PRSR Prs Reit - Build to Rent?
Great video! But what would stop the current home owner just rent it out themselves and just sell in 5 years?
A residential mortgage nearly always should not be rented to a tenant, you will need to ask permission from the mortgage lender for this to happen or get a BTL mortgage. This is the same when you take on a LOA you will need to get permission from the lender. Doing Samuels job here where is he? I could do this teaching this.
The issue with this is you need the other party to agree… finding those people isn’t happening in London or at least not easy. Estate agents will tell sellers you can buy for this…
Huge fan here, just wanted to say that the background song didn't match your energy, maybe just don't use it. Love you tho❤
no bother Simon cowell
Not that deep Louie Walsh
Hi I have been to your page for training events , which one is the one for purchase lease options? ,
Great video by the way 👍
Hi Samuel. Where and how do you get a property owner to agree to this lease option agreement. Very interested to try.
His backside.
he won't give you that info as he wants everyone to go on is crash course that is how he makes his money he don't make it with these lease options he offers mentorships on his courses in my oppinion i think it is a good idea to earn like he does
Always had trouble as a uni student of finding the time to get away for a night but offering it via Zoom is a great option i hadn't seen before! Signed right up!
Bro this has motivated me so much, I hope my daily Dubai vlogs do well I work so hard for this❤
Love that you’re putting out quality information! Please could u calm down a bit it, makes it difficult to hear the knowledge
Health more important than Money.
touché
Sammy you always boost me up, I love it !!
Amazing, see people at the seminars!!
I prefer the high risk (for some) option of the bridging loans. If you’re a tradesman and able to refurb a house it’s a no brainier. Thank you Samuel for letting me know about them. Also haven’t watched your videos in a while and I must say you’re looking lean mate. 😎 🤙💪
Real talk, you always keep it real 👍
Thanks Samuel.
love you!
I scare to buy a property because im worried about if there is the a demand,
And if somebody is gonna rent it?!
Can you make a video witch areas i should invest!
Thanks again 👍👍👍
Which course covers Purchase Lease Agreements???
Like the idea, Samuel.
Sam, is totally on the money, this is someone who will either get cancelled, or gagged some how. Only thing sam is wrong about is buying a sofa!! get an upholsterer to make you one, for DFS prices you'll have something bespoke and lovely. Keep up the great work sam!! those that don't know are learning xx
My plan is to refinance my house, giving me around £70k (house prices are very high in my area), I'll then buy a property BMV with a 75% BTL mortgage, refurb and rent the property out which after running the numbers should give me around £300 pcm cash flow, then refinance to get another cash lump sum to repeat this process.
Is there a smarter way to do this? Obviously I won't be reaping the benefits until the future when the property value and rent increases. Any advice would be great!
Why would someone wait 5 years for ?
Not a good stratagy. Paying a vendor £400 p/m aswell as the fee's associated inc property, tax, rates, insurance, repairs and maintenance - we'll say on average £200 p/m for that and that's (assuming everything runs smoothly). Rental income of around £650p/m leaves around £50 p/m profit (again that's best case scenario assuming the boiler doesn't need replacing, mould, electrical issues or the fence or roof doesn't blow off of worse). I've been doing this for a long time folks. I can say I know over 100 investors and none of them does this.
Hi, which link or course do i need to pay to attend this buying house for £1001? As most are deal sourcing, r2r etc
Squeezing the lemon that sounds funny for some reason
Thanks Samuel! Been watching your videos for a while. I would love to attend but I’m all the way in 🇹🇹
Girl, sign up for one of his courses few months in advance then simply plan your trip to the UK by booking a flight in time to attend his 4 day course. Not sure if you would apply the knowledge to TnT though because the market is much different over there. Take the plunge!
@@kayj2093 thanks 🙏🏾 but it would be to get into the real estate market in the UK 🇬🇧.
can you do this if you have really bad credit
And if people don't pay rent for 6month u have to cover the rent before u make them leave the house and find new people.
How do i join your training program
I have a question Sir, if i'm offering to pay the landlord a certain rental fee every month, am i also going to be responsible for paying the monthly mortgage on the property?
Yes
No music please. Your voice itself is healing
😂 bit creepy that.
@@billyharvey639 hahahah
Soothing
Where’s the link for the £1 seminar?
£1 thats good value. It is below the views at the end of 'Join Samuel Leeds Property Crash Course for £1 link'
Hlw sir ...i m bangladesi middleclass family...money is my prblm....i want dual suspension cycle...plse sir plse....god bless you
Samuel will you take myself as your apprentice?? It’s highly unlikely you will respond but I will keep trying until you read my message
I'm broke have five kids on benefits I'm a carer for my partner how would this help me I would love to get involved real estate is my dream
no
looking slim
Buy for £1 buy for£1000 haaaaaaaaaaa ye sure
Why should someone agree to lease me his house for payment in 7 years time when he could close an immediate deal with someone else’s for the full price or to let it out himself and making monthly profit?
I think it’s because when people get into negative equity the house becomes a real liability and they struggle to sell the house, I know someone who’s in that type of situation and they have been trying to sell the house for like 3 years but the mortgage payments are more than what the house is worth so buyers find it too risky, I mean I don’t know I’m just assuming that’s the reason, I might be wrong 🤷🏻♂️ good question tho
also how can they guarantee it?
this is where Samuel Leeds helps@@Kingking99844
This is typically houses that have been on the market a long time and last option for owners. Very informative from Samuel as always, helping a lot of people through his channel 👍
👏🏾👏🏾👏🏾
you do not need a 25% deposit on a mortgage. Don't listen to this guy