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

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  • Опубліковано 12 січ 2025

КОМЕНТАРІ • 37

  • @rakibulislamarafat6970
    @rakibulislamarafat6970 10 місяців тому +3

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

  • @andersonpachon9631
    @andersonpachon9631 5 місяців тому +1

    Amazing project

  • @snorttroll4379
    @snorttroll4379 10 місяців тому

    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

  • @badboytomas
    @badboytomas 10 місяців тому +2

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

  • @narellecowanproperty
    @narellecowanproperty 10 місяців тому +1

    Amazing story. Congratulations guys 🙌 x

  • @JoshuaWatson-n9q
    @JoshuaWatson-n9q 10 місяців тому +1

    Drove past you filming this 1👍

  • @outere2044
    @outere2044 10 місяців тому +1

    Well done

  • @jamesgallant1690
    @jamesgallant1690 10 місяців тому +2

    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
      @kashjavid 26 днів тому

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

  • @ahmedelshaaraby
    @ahmedelshaaraby 10 місяців тому

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

  • @ralucauk
    @ralucauk 10 місяців тому

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

  • @Naturalbabu4083
    @Naturalbabu4083 10 місяців тому

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

  • @Lawrenceofarabia24
    @Lawrenceofarabia24 10 місяців тому +5

    650 pounds is a bargain 😂

  • @Andy5c
    @Andy5c 10 місяців тому +1

    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
      @snorttroll4379 10 місяців тому +1

      26 units, is that enough for a manager?

  • @lukebrown8580
    @lukebrown8580 10 місяців тому +2

    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
      @Savoirfaire-gv9jp 10 місяців тому

      £4,600 per room? Unlikely

    • @lukebrown8580
      @lukebrown8580 10 місяців тому +1

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

    • @Savoirfaire-gv9jp
      @Savoirfaire-gv9jp 10 місяців тому

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

    • @Savoirfaire-gv9jp
      @Savoirfaire-gv9jp 10 місяців тому

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

    • @Savoirfaire-gv9jp
      @Savoirfaire-gv9jp 10 місяців тому

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

  • @hamzaba4729
    @hamzaba4729 10 місяців тому +1

    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
      @ALAXUKNUTRITIOUSLTD 10 місяців тому +2

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

    • @prodkitz
      @prodkitz 10 місяців тому

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

    • @34547
      @34547 10 місяців тому +1

      England, English *

  • @Sanchyfab
    @Sanchyfab 10 місяців тому +1

    Nice

  • @bennywright12
    @bennywright12 9 місяців тому

    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!

  • @honestjoe7940
    @honestjoe7940 10 місяців тому +1

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

    • @kashjavid
      @kashjavid 26 днів тому

      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

  • @Savoirfaire-gv9jp
    @Savoirfaire-gv9jp 10 місяців тому

    Renovation costs are not realistic

  • @TheDomainNameGuy
    @TheDomainNameGuy 10 місяців тому

    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
      @kashjavid 26 днів тому

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

  • @CHILLNATION85
    @CHILLNATION85 10 місяців тому +1

    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
      @kashjavid 26 днів тому

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

  • @hamzaba4729
    @hamzaba4729 10 місяців тому

    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?