Thank you for such a detailed and well explained easy to understand video!! Your content rocks!! A very happy subscriber trying to learn property meanwhile unlearning some preconceived ideas about property 😊!!
This is such a fantastic resource. The illustrations are so valuable in making it incredibly clear how logical property is as an investment. I have three properties, so I’m only getting started, and been investing for 5 years. I’m looking forward to the growth playing out so that I can buy more. Thank you Robs - liked and subscribed.
Amazing! Thank you so much for sharing! I look forward to watching all your videos! I'll definitely be checking out how to do the courses with you 😃 keep them coming please 👍
and if those four leveraged properties fall in value, and inflation results in higher interest, higher costs like insurance, and you are locked into rental agreements that do not allow for rent raises for 12 months? Debt is great in an error of low interest rates and rising prices, not so wonderful in other times
Right now we have property prices crashing in New Zealand, down $180,000 in Auckland, with interest rates hitting 6%, rental rates stagnating as people leave overseas, most people with 1 million dollar mortgages will end up paying 2 million back to the bank, so the property has to double in value just to make 'worth it'
Massive fan of your work guys, but your last examples ignores the high upfront costs for the equity play, not only do lenders win, brokers are needed. And of course there’s an annual tax bill...again big fan, but let’s paint the whole picture please
@@PropertyHubUK fair enough yes. I would say that increasing livable surface, adding features such as UFH, new windows, velux, should do it in terms of both capital gain and rental.
You'd be best speaking to a mortgage broker, Preston. It's not really something we can advise you on via social media. If you've not got a decent broker, pop our team a message at hello@propertyhub.net and they might be able to point you in the right direction. Or head over to the forum propertyhub.net/forum and the community will be able to recommend some good ones off the back of their experiences.
Yes it's so simple why haven't anyone else come up with the same idea i wonder... Perhaps these are the reasons: property taxes, insurances, repair costs, tenants, debt cycles which you are well exposed to over a long period. It's probably still a good investment but the way this is explained here seems more like a pyramid scheme
This is how boomers got rich. It doesn't really work like that now from what I have observed. Your deposit needs to be much larger now... Banks have much more stringent criteria about who they will loan money to... There are a lot more taxes and regulations... and generally tenants have gotten worse, because the common man has become poorer and more delinquent... It's still working in the USA and Canada... but yeah, in the UK they say buy-to-let is dead.
Well if you had that money in the bank when people give up on the currency, it would be worth nothing. Whatever people choose as their store of value, they would be willing to pay that for a physical item like gold or... a house!
![Lp. Сердце Вселенной #1 НАЧАЛО ПУТЕШЕСТВИЯ [Новый сезон] • Майнкрафт](http://i.ytimg.com/vi/380Q7gLWGvk/mqdefault.jpg)
Can’t buy 4 houses with 100k tax and deposits.
Thank you Robs for some of the BEST property content out there!!! 🙏🏼
So happy you're enjoying the content
Your debt doesn't stay 'static' because interest rates can go up, maintenance costs can go up, government fees and taxes usually increase etc.
If you pay off your mortgage interest each month, your debt stays static in nominal terms. You’re making a separate point.
Thank you for such a detailed and well explained easy to understand video!! Your content rocks!! A very happy subscriber trying to learn property meanwhile unlearning some preconceived ideas about property 😊!!
This is such a fantastic resource. The illustrations are so valuable in making it incredibly clear how logical property is as an investment. I have three properties, so I’m only getting started, and been investing for 5 years. I’m looking forward to the growth playing out so that I can buy more. Thank you Robs - liked and subscribed.
Thanks for the feedback - there's lots more to come, so. stay tuned :)
Amazing! Thank you so much for sharing! I look forward to watching all your videos! I'll definitely be checking out how to do the courses with you 😃 keep them coming please 👍
Amazing! Glad you're enjoying the content
Value in one word Rob’s, gems up on gems 😂✌🏿💯👌🏿
and if those four leveraged properties fall in value, and inflation results in higher interest, higher costs like insurance, and you are locked into rental agreements that do not allow for rent raises for 12 months? Debt is great in an error of low interest rates and rising prices, not so wonderful in other times
Right now we have property prices crashing in New Zealand, down $180,000 in Auckland, with interest rates hitting 6%, rental rates stagnating as people leave overseas, most people with 1 million dollar mortgages will end up paying 2 million back to the bank, so the property has to double in value just to make 'worth it'
Rents are big news in Oz and Canada. I've been quoted 6.5% by CBA in Oz.
Brilliant and clear video, well explained thanks.
Glad you enjoyed it!
Great video. Well presented and clear. Thank you.
Glad you enjoyed it!
"in 2018 the bank of england said they dont think the base rate will get above 3%" 🤣 hello from 2023
😂😂😂😂😂😂😂😂😂😂😂😂
😂
Massive fan of your work guys, but your last examples ignores the high upfront costs for the equity play, not only do lenders win, brokers are needed.
And of course there’s an annual tax bill...again big fan, but let’s paint the whole picture please
Wonderful video. Learning more and more
Glad it was helpful!
great content
Sure, but if property can't beat the returns you get from an index fund in the stock market then what is the point?
Would you consider debt to renovate a property before remortgaging also a good strategy?
It all depends on your confidence in whether the property will be able to warrant a higher rental after the renovation!
@@PropertyHubUK fair enough yes. I would say that increasing livable surface, adding features such as UFH, new windows, velux, should do it in terms of both capital gain and rental.
Great information please help me I want to release equity in my buy to let what would you advise
You'd be best speaking to a mortgage broker, Preston. It's not really something we can advise you on via social media. If you've not got a decent broker, pop our team a message at hello@propertyhub.net and they might be able to point you in the right direction. Or head over to the forum propertyhub.net/forum and the community will be able to recommend some good ones off the back of their experiences.
Yes it's so simple why haven't anyone else come up with the same idea i wonder... Perhaps these are the reasons: property taxes, insurances, repair costs, tenants, debt cycles which you are well exposed to over a long period. It's probably still a good investment but the way this is explained here seems more like a pyramid scheme
This is how boomers got rich. It doesn't really work like that now from what I have observed. Your deposit needs to be much larger now... Banks have much more stringent criteria about who they will loan money to... There are a lot more taxes and regulations... and generally tenants have gotten worse, because the common man has become poorer and more delinquent... It's still working in the USA and Canada... but yeah, in the UK they say buy-to-let is dead.
What if it gets to the point where people give up on the currency because it's so worthless? Does that happen?
thats not going to happen? how and why would that even be plausible
Well if you had that money in the bank when people give up on the currency, it would be worth nothing.
Whatever people choose as their store of value, they would be willing to pay that for a physical item like gold or... a house!
Stop telling people our secrets :-)
What a mindset!!!🤦🏾♂️
Inhabitant of Fool Paradise.
Selfish
Very crude 400%, you forgot to deduct mortgage interest %.
It’s the point to be understood as you still win… regardless… what about adding rent too?