3 Non-Profitable Property Strategies To AVOID

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  • Опубліковано 23 гру 2024

КОМЕНТАРІ • 53

  • @bobsmith3378
    @bobsmith3378 Рік тому +13

    wouldnt the rent from the tenants go up as well though similar to the landlords rent?

  • @Ayhans_
    @Ayhans_ Рік тому +2

    BRR to 6+ Bed higher end HMO’s with on suite in lower value areas with high rental demand + Refinance on commercial mortgage. 👍🏼

  • @arniskrasovskis5821
    @arniskrasovskis5821 Рік тому +1

    I agree that none of these work with property prices as they are currently. Possible options, buy at auction, buy cash with discount, adjust strategy from short-term to longer-term approach.

  • @nepaninz
    @nepaninz Рік тому +1

    HI Saj , is Service Acc a good strategy right now?

  • @mememajor2346
    @mememajor2346 Рік тому

    I was thinking about getting into the rent to hmo. What 3 or so strategies are working now. Halal methods

  • @GETINTOUCHTODAY
    @GETINTOUCHTODAY Рік тому

    What about new built, is that good move atm??

  • @giodelonso6030
    @giodelonso6030 Рік тому

    As always, spot on, Saj.
    What could work in the current market? BRRR combined with SA, and adding massive value like conversion.

  • @SuperWils0n
    @SuperWils0n Рік тому

    Thank you for the gold nuggets every video Saj. In my opinion in this market I think lease option agreements and commercial to resi for Service Accomodation are potentially the best strategies. They are complex strategies therefore used by the more savvy and experienced investors. Look forward to see your next video on this matter. God bless you.

  • @danielphillips5404
    @danielphillips5404 Рік тому

    For standard buy to let won't you just raise the rent higher? High demand for renters at the moment.

  • @Monika-kravyetz
    @Monika-kravyetz Рік тому +1

    Great video. Looking forward to see a video about the strategies which are working right now.

  • @123sumom
    @123sumom Рік тому

    Amazing thanks looking forward to best strategy 👍

  • @zawarshah508
    @zawarshah508 Рік тому +1

    Excellent advice 👌. No alternative to experience in the property world. When the market is jumping up everything works. On the current market only experienced operators can make money by and large. Newbies need a lot of luck. Experience tells you at a glance if it will work. Saj your content is simply the best on the Internet.

    • @TheSajHussain
      @TheSajHussain  Рік тому

      Thank you for always supporting my videos 💯

    • @zawarshah508
      @zawarshah508 Рік тому

      @TheSajHussain when I started out in the property world in the early 1980's people thought I was crazy. I didn't have people like you around. You are indeed helping youngsters to get into the property world and most importantly understand it with the top notch people who you have on your podcasts. giving extremely good advice and sharing their experiences with us the public. Very useful information about the property world. Kindly keep up your hard work. May almighty Allah protect you and give you even greater success.

    • @Traveller-20246
      @Traveller-20246 Місяць тому

      Assalamu Alaikum
      Can I do this with as 'little' as 80k outright purchase in a cheaper area with no mortgage and no interest?
      ​@@zawarshah508

  • @kashif9145
    @kashif9145 Рік тому

    BTL: £840k, deposit: £440k, mortgage 1k/month, rental: £2700/month. SAJ this is what I have set for the next 5 years. I am pleased with my BTL

  • @amalnathan7884
    @amalnathan7884 Рік тому

    Thanks Saj.. great video. Waiting for the other part of the video.

  • @Nayimureyi
    @Nayimureyi Рік тому

    One of the best videos so far!

  • @MLPProperties
    @MLPProperties Рік тому

    Looking forward to see the next video

  • @krisjenkins4167
    @krisjenkins4167 Рік тому +2

    Disagree on 3rd. BRRR still works. Aslong as you have the purchass price low. And aslong as you buy something else with the money that you pull out.
    Wont work on normal small properties.
    I bought a block of flats 255k. Spent 45k refurb. Revised Value 460k. 205k added. (3 years of apreciation also however)
    I used 120k to buy and refurb it.
    After refinancing, i have 176k.
    (All money out plus 56k)
    Rents for 2500.
    Cost me 1000pcm to pull out the 176k on 6%. Initial loan still on 3.4% which is 560pcm. Even if this was on 6% i would still be in positive cashflow,
    But even if it meant i broke even, i would still make more money on the next one.
    I have another property im buying, same figures as above but doube the figures.
    Even with a 100% mortgage i will be making cashflow.
    Again these are blocks of flats though, not single lets, which i agree would be difficult.
    You did say there are certain circumstances though i supose! :)

    • @rickp2293
      @rickp2293 Рік тому

      Ok no one cares

    • @krisjenkins4167
      @krisjenkins4167 Рік тому

      @@rickp2293 I would imagine actual investors do.

    • @dillyraf5422
      @dillyraf5422 Рік тому

      The last 3 years of appreciation will have been a significant profiting factor in your last investment. I don't think you'll get the same appreciation over the next few years. It'll take much longer.

    • @krisjenkins4167
      @krisjenkins4167 Рік тому

      @@dillyraf5422 yes you are correct, however i still have the current market value to work your figures off.
      If your purchase price is where it needs to be there is still money to be made, cashflow and all money out. Granted not as much cashflow due to the interest.
      I found a deal where the purchase price is the same per unit as it was in 2020.
      The next deal will be the same 200k pulled out, 2k cashflow.
      This is using 100% mortgage too (refinanced old property as deposit)
      It is double the size, however due to the intrest and no deposit, only make 2k per month. Would be making 4k if put money down and the rates were the same.
      Just explaining it all can still work.
      Hopefully interest will be 4% in a year or so.
      For me as an investor, now is the time to buy as everyone is scared. No competition. Property prices low.

    • @dillyraf5422
      @dillyraf5422 Рік тому

      @krisjenkins4167 I agree there are opportunities out there, but the property prices where I am up north haven't seem to have dropped as much just yet, so I'm waiting to find the right deal at those low prices you mention. What I have noticed is that property in good locations at a reasonable price still have a queue of people wanting to buy. The demand is still high in those areas.
      Ultimately, I think timing the market is important. People coming off low fixed rates this year, who can't afford to remortgage on the high rates for the long term is where you'll see an increase in supply of property to the market.

  • @70Harry07
    @70Harry07 8 місяців тому

    @Saj Hussain With BTL and BRRR, its all relative to the rent you can get vs the mortgage payments at these current rates. If you are investing in an area with cheap house prices and high rents, you will be alright. You just have to do the maths.

  • @FameAndFortune1
    @FameAndFortune1 Рік тому

    Great video, looking forward to next video on best strategies in current market

    • @TheSajHussain
      @TheSajHussain  Рік тому +1

      Thanks! Expect a new video very soon😉

  • @dillyraf5422
    @dillyraf5422 Рік тому +2

    Sit tight, cherry pick the right properties from mid next year. The market has already turned. Lots of reduced properties, and many unsold at auctions. Prices are still too high. Bit of a waiting game right now.

    • @TheSajHussain
      @TheSajHussain  Рік тому +3

      Money is to be made in this market, you just have to know which strategy to use. I’ll make a follow up video soon

    • @dillyraf5422
      @dillyraf5422 Рік тому

      @@TheSajHussain I look forward to it

  • @puneetcuteboy
    @puneetcuteboy 2 місяці тому

    8% interest rate. Where and when?

  • @Neddie2k
    @Neddie2k Рік тому +4

    The best strategy at the moment is to sit on your money.

    • @bobsmith3378
      @bobsmith3378 Рік тому +4

      No it's not your money becomes less valuable as each year goes by

    • @TheSajHussain
      @TheSajHussain  Рік тому

      Inflation is devaluing your money

  • @topboyuk
    @topboyuk Рік тому

    Great video again. Keep up the Hard Work

    • @TheSajHussain
      @TheSajHussain  Рік тому

      Thank you! I’m working on a follow up video to this. Will show you the best strategies for the current market in my opinion

    • @topboyuk
      @topboyuk Рік тому

      @@TheSajHussain You definitely need to get Hayley Andrews in she is the Hmo queen. Iv had a meeting with you and she spoke very highly of you. Market is about to collapse and its a buyers market now.

  • @simonlee4830
    @simonlee4830 Рік тому

    Commercial to Residential HMO/SA

  • @Rav-vd6xf
    @Rav-vd6xf Рік тому

    Hi Saj can you do best profitble strategies video? Would be great 👍🏼

  • @rosminkarim2479
    @rosminkarim2479 Рік тому

    Interested

  • @bilalrafael788
    @bilalrafael788 Рік тому

    I am sure one that works would be Rent to SA.

  • @eamonhannon1103
    @eamonhannon1103 Рік тому

    Good analysis !

  • @bartoni79
    @bartoni79 Рік тому

    Point 1- why not increase the rent? if you hand it back to the landlord, won’t he just he will increase rent otherwise he’ll also have zero profit!
    With point 2: it’s a long term hold? So all youd want (at least) is the rent to break even wouldn’t you?