Flipping and "making lots of money fast" are two things that, in my experience, do not generally go together. They always take three times as long as you expected, and you always wind up spending more than expected. And if you aren't careful with your budget, you may wind up having to sell at not much more than breakeven.
Outstanding. Really enjoyed this. I love your approach on education (media sadly has a lot of people just wanting eye balls - need i say any more..lol.. no I am not going to Leeds now - honestly I meant the city. Though it is a nice city).
Thanks guys, this really helped clarify my knowledge and strategy planning to date. Will be closing first property this year, thanks for all your content
thank you for the excellent content. why does an HMO investment have a tradeoff with a lower increase in property value? isn't it a property like any other property in the street? why would the HMO property value no increase along with other property that is not being used as HMO?
Shmulik Ben Nissan a Hmo is a unique property that will almost certainly have been chopped about and bathrooms added that will only suit future investors rather than families so I can see how the value will not increase to the same degree as another” normal “ house in the same street. A family would need to spend money bringing it back to a more traditional layout so therefore the price may reflect this.
Flipping and "making lots of money fast" are two things that, in my experience, do not generally go together. They always take three times as long as you expected, and you always wind up spending more than expected. And if you aren't careful with your budget, you may wind up having to sell at not much more than breakeven.
Thank you so much for sharing. Very interesting and informative. Great help 😃
Glad you enjoyed!
great video - not many have covered this on the platforms
Glad to hear you enjoyed the video Cameron!
Thank you very much. Excellent content given in an easy to understand format. Cheers Rob and Rob.
Thanks Jonty!
Brilliant content as always 👌 ❤
Thank you 🙌
Outstanding. Really enjoyed this. I love your approach on education (media sadly has a lot of people just wanting eye balls - need i say any more..lol.. no I am not going to Leeds now - honestly I meant the city. Though it is a nice city).
Thanks guys, this really helped clarify my knowledge and strategy planning to date. Will be closing first property this year, thanks for all your content
Glad to hear it was helpful Adam :) Best of luck with your first property, too!
What about multi-unit Freehold Blocks as an alternative to an HMO?
This is beautiful content. Subscribed already 👏
Thanks very much Mae!
Great content as always.
Much appreciated!
thank you for the excellent content. why does an HMO investment have a tradeoff with a lower increase in property value? isn't it a property like any other property in the street? why would the HMO property value no increase along with other property that is not being used as HMO?
Shmulik Ben Nissan a Hmo is a unique property that will almost certainly have been chopped about and bathrooms added that will only suit future investors rather than families so I can see how the value will not increase to the same degree as another” normal “ house in the same street. A family would need to spend money bringing it back to a more traditional layout so therefore the price may reflect this.
Great stuff guys :)
Thanks so much, glad you enjoyed the video :)