I am hosting a one-time-only Future of Money Masterclass alongside Marcus de Maria, multi-millionaire crypto investor and educator. Get your £1 ticket here: www.samuelleeds.com/FOMMYT
Wow Samuel this is so inspiring !! You make it make sense so effortlessly! God, I want to get in the property sector ASAP 🙏🏽 I'm putting in the work this year! Delayed gratification for me...
I agree with 99.9% of Samuel Leeds advice. However, my concern lies with the current state of the housing market, which is undergoing significant challenges and changes. Encouraging people to pursue mortgage deals that sound promising, such as the BRRR strategy, and claiming you can recover your investment is overly optimistic given the current climate or unless you buy though vehicles such as a LTD company. In a declining housing market or recession, property investment is not advisable for newbies. Unless you have extensive experience in flipping or renovating properties you're taking big risks.
@mediaeasier I agree. It’s the bridge LTV of 75% (of which 13% is then deducted upfront from that to account for the interest) plus the SDLT, legals and brokering, sourcing fees + deposit and refurb and then receiving only 75% LTV refinance for the enhanced value that doesn’t get spoken about enough. Of course it can be done but my figures are revealing that for a 100k property, which conservatively may enhance to 140k, you still need significant investment just to cover all costs with no real profit being gained other than acquiring the property.
I wish i understood how property market works got no idea im doing 60 hour shifts just to keep a roof over me head ,but kudos to ya bud your a clever guy 👍
Sam. In 1994 I started buying and flipping. I was 20. Today... everything you say now in this vid was true back then. You understand leverage like I did back then. Keep going.
Another great thought provoking video for everyone to learn from. Still love watching and learning from you. Happy new year Samuel, keep being you. Kalpesh
No lies detected, my brother who lives in Nigeria but Kia Sportage New about 12 years ago for 6 million, he used the car for about 5 years and sold it for 10 million. It’s crazy in Africa. As long as you are not borrowing USD to run your business you will be fine.
Everyone talks about getting rich overnight, but the actual way to become super-rich is through consistent investing, building multiple income streams, and smart financial planning. It’s not glamorous, but it works.
I don't like complicated mathematics. I believe maths to be the easiest thing to understand. From your example the inflation rate is 20% and interest rate 30%. There is a 10% gap to cover between the interest and inflation in determining the the real value of the outstanding amount. This real amount gap ensures that the longer you don't pay the loan back, the more the real value of your outstanding amount increases. I've never heard anyone boast about delaying the payback of a loan and the amount to pay back reducing in nominal or real terms. It's a mathematical blunder.
Agree with Samual the debt is tax free taking equity out however when you do sell that increase in value is taxed so one is storing up a 28% CGT tax liability (currently!) - ie £100k property goes up £100k on 75% LTV - yes could take £75k but there is still a £28k CGT in the future if sold for £200k. Plus you be paying back the bank £150k + £28k CGT £178k. You’ll get your original deposit back and had the £75k out but still you got to be careful mortgaging all the equity out and spending it all. personally I only ever remortgage once after year two to get a bit money back and never again is my golden rule
I’m not always a massive fan for your videos (this one seems to be the real you rather than the shouting version). On top of that the information is very thought provoking. This in my opinion in your best video.
If somebody wants you to be his professor to help him or her what the person has to do to get in contact with you and what is the price for your advice/ lessons ? Thx
Hi Samuel, this might be the most stupid question you’ll ever receive but can I get a loan to get a mortgage? I’m planning to do a Rent to rent with this mortgage
Its impossible to get a mortgage to invest in the stock market??????? Well I remortgaged my house (pulled 30k out) and put it in the stock market, 20k of it went into an ISA so there was no CGT or dividend tax on it.
LOLS. In massively overly simplified principle, you're right. In real life financial practice, so so wrong. This is a video by financial muppets for financial muppets.
I am hosting a one-time-only Future of Money Masterclass alongside Marcus de Maria, multi-millionaire crypto investor and educator. Get your £1 ticket here: www.samuelleeds.com/FOMMYT
Samuel, this is gold. Thx for sharing.
Wow Samuel this is so inspiring !! You make it make sense so effortlessly! God, I want to get in the property sector ASAP 🙏🏽 I'm putting in the work this year! Delayed gratification for me...
There is no CGT on Gold or stocks and shares ISA!
Absolutely correct
I agree with 99.9% of Samuel Leeds advice. However, my concern lies with the current state of the housing market, which is undergoing significant challenges and changes. Encouraging people to pursue mortgage deals that sound promising, such as the BRRR strategy, and claiming you can recover your investment is overly optimistic given the current climate or unless you buy though vehicles such as a LTD company. In a declining housing market or recession, property investment is not advisable for newbies. Unless you have extensive experience in flipping or renovating properties you're taking big risks.
When Labour is out of power. The market will return to a boom. Like Samuel said you buy and wait.
@mediaeasier I agree. It’s the bridge LTV of 75% (of which 13% is then deducted upfront from that to account for the interest) plus the SDLT, legals and brokering, sourcing fees + deposit and refurb and then receiving only 75% LTV refinance for the enhanced value that doesn’t get spoken about enough. Of course it can be done but my figures are revealing that for a 100k property, which conservatively may enhance to 140k, you still need significant investment just to cover all costs with no real profit being gained other than acquiring the property.
Great to see you making a full-length video. love it and full of amazing information.
Always a great and knowledgeable video. Thanks for the heads up 😊
Thanks Samuel ❤❤ your videos always make sense
I wish i understood how property market works got no idea im doing 60 hour shifts just to keep a roof over me head ,but kudos to ya bud your a clever guy 👍
Thank u samuel this is insightful 🎉
Great video Samuel! Patience and discipline are a virtue in any investment.
Awesome video. Keep up the good work my friend.
Sam. In 1994 I started buying and flipping. I was 20. Today... everything you say now in this vid was true back then. You understand leverage like I did back then. Keep going.
Another great thought provoking video for everyone to learn from. Still love watching and learning from you. Happy new year Samuel, keep being you. Kalpesh
I have just been watching your old videos like 4 years ! Wow you are awesome, please read my comment and teach me how to become super rich 😊
Si is now the time tk buy for btl?
Great video, crazy thing is that this seems to be hidden in plain sight. Made a lot of sense once explained
Such a clear and concise way to explain leveraging debt with fiat currency, little gem of a video this.
No lies detected, my brother who lives in Nigeria but Kia Sportage New about 12 years ago for 6 million, he used the car for about 5 years and sold it for 10 million. It’s crazy in Africa. As long as you are not borrowing USD to run your business you will be fine.
Everyone talks about getting rich overnight, but the actual way to become super-rich is through consistent investing, building multiple income streams, and smart financial planning. It’s not glamorous, but it works.
I don't like complicated mathematics. I believe maths to be the easiest thing to understand. From your example the inflation rate is 20% and interest rate 30%. There is a 10% gap to cover between the interest and inflation in determining the the real value of the outstanding amount. This real amount gap ensures that the longer you don't pay the loan back, the more the real value of your outstanding amount increases. I've never heard anyone boast about delaying the payback of a loan and the amount to pay back reducing in nominal or real terms. It's a mathematical blunder.
Agree with Samual the debt is tax free taking equity out however when you do sell that increase in value is taxed so one is storing up a 28% CGT tax liability (currently!) - ie £100k property goes up £100k on 75% LTV - yes could take £75k but there is still a £28k CGT in the future if sold for £200k. Plus you be paying back the bank £150k + £28k CGT £178k. You’ll get your original deposit back and had the £75k out but still you got to be careful mortgaging all the equity out and spending it all. personally I only ever remortgage once after year two to get a bit money back and never again is my golden rule
Best Regards From F'n'F Family Lincoln U.K
Step one : ignore everything the government and the BBC say
Loved the video
Come to Leeds please for Rent to Rent event 🎉
Agreed on 99% but gold is Capital gains free. There is no vat too buying or selllng.
I’m not always a massive fan for your videos (this one seems to be the real you rather than the shouting version).
On top of that the information is very thought provoking.
This in my opinion in your best video.
If somebody wants you to be his professor to help him or her what the person has to do to get in contact with you and what is the price for your advice/ lessons ? Thx
So do you think house prices will go down nominally?
Mate you are right, a lot!
Gold can be cgt free if you buy uk coins
Dave Ramsey says debt is bad?
Thought exactly that, I wonder what Dave would say about this, I date Sam to phone in👍👍👍
Look good brus
I’m still stuck on the part where my grandma’s house cost £2,500. If only time travel was real, we’d all be rich!
Ozempic?
The system is right because this world wont work if everyones rich
Hi Samuel, this might be the most stupid question you’ll ever receive but can I get a loan to get a mortgage? I’m planning to do a Rent to rent with this mortgage
Its impossible to get a mortgage to invest in the stock market??????? Well I remortgaged my house (pulled 30k out) and put it in the stock market, 20k of it went into an ISA so there was no CGT or dividend tax on it.
No one mentioned the african dude in the comments how amazing his accomplishment is. Especially in a country like Zimbabwe.
LOLS. In massively overly simplified principle, you're right. In real life financial practice, so so wrong. This is a video by financial muppets for financial muppets.
not silly debt SMART debt
Property taxed to hell, night mare tenants....buy BTC
What do u mean release 750k in equity u lost me there
So like he said if the property goes up in value to £1 milli, during the refinancing if you leave 25% of the £1mil in the deal you’re left with £750k.
Im like Samual i like my woman like i like my coffee strong and black and with a penguin !
Very well explained, thanks Samuel