Just done my 3rd flip, but been living in while refurb takes place each year. 103k profit on the latest one, (Rushden just up the road from bedford) and now in position to buy and refinance the next ones i do! Hopefully get 3 or 4 under my belt by mid 30s and get that financial freedom.
I am planning on doing the same , coming out of a new build after my ex partner left . Perfect opportunity to put myself in a run down house, learn some trade and do as much of the refurb as possible. Avoiding CG at the same time ! Any profit ill use to start my HMO portfolio ! Planning on doing it every year ! Well done though lad , just shows ya it works ! Have to put yourself in that position though but thats the difference right ? The average person would not live in this kind of house but the average person will never be financially free !!!
Well done Alasdair, was only talking to you last month in Leeds at the crash course, you are so inspirational. Already booked on the millionaire intensive in Nottingham, cannot wait to see you and Samuel again doing what you do best. Thank you for sharing your journey and explaining things clearly. You guys have inspired me to a degree you can’t imagine. 🙏
Congratulations on the refurb it looks good.can i ask if you are allowed 2 people in one room as part of a rental agreement? I thought because of space requirements for each individual you can't have 2 tenants in one room on a HMO.thanks
They didn't get 750 for the room. They also didn't get 775 like they claimed in the video. They got 700 PCM check out SpareRoom and you'll see that they weren't being truthful about that.
Two rooms. Three tenants. I am right understand you got two bedrooms and one rebuild living room for bedroom. Ok. One bedroom room £650, second bedroom +£700 downstairs and rebuilding room +£775 = £2125. Question: how did you get £3500 ❓❓❓ Financial freedom))😄
@@asingh67266 bit late I guess… I can only assume you’ve had trouble selling or similar hence the comment. But as of right now sales are stagnating and I do think the prices will drop before close of the year…
Just done my 3rd flip, but been living in while refurb takes place each year. 103k profit on the latest one, (Rushden just up the road from bedford) and now in position to buy and refinance the next ones i do! Hopefully get 3 or 4 under my belt by mid 30s and get that financial freedom.
nice, are you a builder or are you paying for all the labour?
I am planning on doing the same , coming out of a new build after my ex partner left . Perfect opportunity to put myself in a run down house, learn some trade and do as much of the refurb as possible. Avoiding CG at the same time ! Any profit ill use to start my HMO portfolio ! Planning on doing it every year ! Well done though lad , just shows ya it works ! Have to put yourself in that position though but thats the difference right ? The average person would not live in this kind of house but the average person will never be financially free !!!
we can talk about profit only after property is sold
Too true. Because its only worth what someone is willing to pay.
However, the asset has a cashflow too.
But we know what someone is willing to pay for it cause he turned down offers for 400k and a refinance is as good as a sale.
Well done Alasdair, was only talking to you last month in Leeds at the crash course, you are so inspirational.
Already booked on the millionaire intensive in Nottingham, cannot wait to see you and Samuel again doing what you do best.
Thank you for sharing your journey and explaining things clearly.
You guys have inspired me to a degree you can’t imagine.
🙏
What is going on with the kitchen strip lights… sorry you’ve lost me🙄
I really have no words 😶
I love when you bring your calculator out 🙌🏾
Congratulations on the refurb it looks good.can i ask if you are allowed 2 people in one room as part of a rental agreement? I thought because of space requirements for each individual you can't have 2 tenants in one room on a HMO.thanks
Underpinning and re tying along with steel beams for 4K??😂 including structural engineer fees… I think not.
best video so far. Made me so motivated
What was the deal
How do you qualify to not pay Stamp duty ?
If the property is not habitable then you do not need to pay stamp duty
@@MrJS111 how do you prove the property is not habitable?
Very inspiring stuff from Alasdair and Samuel. I luv it.
They ztook the radiators lol tenets where defo Romanian
Don't worry about structural problems Samuel
Great to see what can be done 🤝🤝 I can’t wait to meet Samuel Leeds in Nottingham Saturday
Samuel Leeds is the king of Property 👌
Respect to you guys! I'm saving up my money to become a student. Watch this space!
Congratulations Alasdair, it is s a very professional looking HMO
So inspirational Alastair. Thank you Samuel, whata fantastic deal.
Soulja Boy did it first
I would never put them ugly strip lights in looks way too corporate and cheap
I'm very interested- hope you could give us advise 🙂
Fantastic stuff, thanks you for sharing! I want to do deals like this as well !
Respect to you both very inspiring. People with a good heart! God bless you.
750 for a double room is amazing!
They didn't get 750 for the room. They also didn't get 775 like they claimed in the video. They got 700 PCM check out SpareRoom and you'll see that they weren't being truthful about that.
@@samclarke1988 why would they lie?
Is this remortgage on a commercial mortgage?
Well done Alasdair .Well deserved
Amazing deal!
Hi I love your video and want to learn How can I become a student please
He turned down top whack offers REALLY? Why?
Two rooms. Three tenants. I am right understand you got two bedrooms and one rebuild living room for bedroom.
Ok.
One bedroom room £650, second bedroom +£700 downstairs and rebuilding room +£775 = £2125.
Question: how did you get £3500 ❓❓❓ Financial freedom))😄
Impressive
Thank you for the video brother 🙏🙏👌👌💪💪🧐
Phenomenal!
Amazing 👏
2022 property prices will drop 12-15% nationally ;)
@@asingh67266 bit late I guess… I can only assume you’ve had trouble selling or similar hence the comment.
But as of right now sales are stagnating and I do think the prices will drop before close of the year…
@@asingh67266 why like your own comment?
🙏🏻
Thanks for sharing guys amazing 🤩🫶🫡🫡🫡