Organising and optimising our property portfolio admin .. this was long overdue..
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- Опубліковано 29 вер 2024
- This video contains a paid partnership with Lendlord : lendlord.io/pr...
I needed to tackle a huge task which was organising the investment properties we own and manage. Getting all of it in one place took some time but was so worth it! I hope this video was helpful or inspiring for you if admin is on your never ending list of jobs.. Please leave us a comment below :)
Lia
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👇ABOUT US
We are Lia and AK, and we're excited to share our journey with you as we navigate the world of property investing, business, and working together as a couple.
AK: I left my corporate job after experiencing mental and physical health issues, and we started our UA-cam channel to document our journey as new property investors in 2019 with no upfront capital. Expect weekly videos where we provide project updates, share best practices, money-saving tips, and our learnings along the way.
Lia: With nearly a decade of experience building my own entertainment channel on UA-cam from 0 to over 330k followers, the unpredictable nature of a content creator's monthly income took a toll on my mental health. Starting my property journey was my way of future-proofing my income and creating a stable, regular source of revenue. Ultimately, my goal is to build a secure financial foundation for our future family.
Our goal is to make property investing accessible and understandable by sharing our story. We're passionate about inspiring others to take control of their lives, no matter what challenges they may face.
Join us on our journey to achieve a better work-life balance through property investing. We're committed to sharing our experiences, tips, and insights to help you on your own journey.
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First
you guys are such an inspiration to me, I'm 16 now hopefully when in 21 ill have my first rental property
Great video as always, thank you. You mentioned comercial property when talking about types that you invest in, it would be great to see some content about that aspect of your business.
Hello, thank you again for the content, as usual very helpful. Can I please ask about the different strategies that you working in i.e. BTL, HMO, social housing, as these are the areas that I am also interested in. My question is with those three strategies do you have three separate companies, for each of those i.e. all your BTLs in one company social housing in another company and HMOs in their own company or are they okay lumped together in one company using the same sic code?
I understand that joint venture deals would have their separate company, but I am more referring to properties all owned fully by myself.
Look forward to your response.
What are your thoughts on social housing vs HMO? Would love to see a video on what your property journeys have been like with the 2 strategies.
Also thoughts on R2R and R2SA?
Great content as usual. I just have one question - does property couple spend all their hours working on property deals / management etc or do you guys have a day to day job whilst scaling the property business?
Your property or the banks .
Do you own any 100% .
We saw you guys a few weeks ago in London St Pancras station.
Lia, I was looking at cruises that I can't afford right now (I do this often lol) and I saw that P&O does a circumnavigation of the British Isles! On one of their UK flag ships, the Britannia. Flag is very important, because a lot of cruise ships are "flag of convenience", they register her in a 3rd world country so they don't have to pay (in this case) British wages to the crew, and train them and treat them according to British standards (and pay British taxes). But P&O has three ships that are registered in the UK, Ariva, Iona and Britannia, and the circumnavigation is on the Britannia. I'm not sure if it is only this year and next year, for their anniversary, or if they do it every year. It's 14 days, they start at Southampton and go up north around the northern shore of Scotland and through Northern Ireland and end in Cork, Republic of Ireland. 🙂
But I was wondering, have you guys ever thought of doing a group Property Couple cruise around the UK, perhaps you could get a group discount from P&O? 🙂 Also, I thought it would be funny if you guys started doing "reaction" videos on your personal channel, like if you watched Alien and showed us your live reactions. It's a scary movie and I've seen all the Alien movies 100 times, it's always funny to see new viewers jump at it lol. 🙂
Still impressed by all this stuff you guys do with the real estate, it's a lot of hard work! But it's probably rewarding to help people own their first home or get a good rental! 🙂
Wow, I love Lendlord! Definitely going to look in to it for our small portfolio of investment properties! Thanks! I bet AK is happy that the admin got everything entered and in order! Lol! J/K! Love it, you two make a great team!!!
Hi Lia, Seeing the ladder to the attic for data storage, I have a question. Are there Records & Retention rules in the UK for landlord documentation and financial data? For example, tax records need to retained for 7 years or if paper records can be stored and retained electronically. Also, keeping all that data electronically, do you have a service that maintains and backs up the data or do you do it yourself.
What a monumental task but I know the end result will be so rewarding. Being involved in everything from the ground up will definitely help with knowing what all you need to do, unlike me whose brain would be on overload trying to figure this all out...😵💫... Great job and continued success.
Wow such a great bit of information!!! Thank you for this 🙏🏻
nice portfolio, appreciate the transparency showing us the real figures!
I enjoyed this video. Great information. 😊❤
How do you see outlook of property in UK ?
Congrats on the portfolio
Shame you couidnt be helping people in your own country 🙏🙏🙏🙏
What are you doing to help people in your country?