How to Use Equity to Buy MORE Property | Samuel Leeds

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  • Опубліковано 8 лют 2025
  • How to Use Equity to Buy More Property
    Book onto the Property Investors Crash Course today: www.property-i...
    In this video, UK leading property investment training expert, Samuel Leeds explains how you can use equity to buy MORE property. A lot of people and aspiring investors get confused between good debt and bad debt. Debt can be an excellent tool to use as leverage to invest in property and create passive income.
    Share this video: • How to Use Equity to B...
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КОМЕНТАРІ • 346

  • @tombowman4489
    @tombowman4489 5 років тому +37

    This is so true but cant tell it to most people. They are hard wired into the notion debt is bad.

    • @howiehowdy
      @howiehowdy 5 років тому

      80 percent of people in the united states are in debt, sounds like most people actually agree with you, at least here in the states.

    • @FlyingFun.
      @FlyingFun. 2 роки тому +1

      I was paying 17.5% on my mortgage so yea debt was bad and I paid off mortgage as soon as I could.
      But at current rates I would take on more debt as long as it's fixed long term,
      If Gov is serious about tackling inflation we are going to need high rates again.

  • @boatingforbeginners7949
    @boatingforbeginners7949 5 років тому +13

    Samuel is SPOT ON ! Its all about positive mind thought and he's captured every single concern, thought and ideas here in this one video. Don't be afraid, be EXCITED ! There are those that think about it and those that do it, then in 5-10 years those that didnt do it, regret it!

  • @ArupBhanja
    @ArupBhanja 2 роки тому +1

    This is a must view for anyone starting out on property investment. This should be a mandatory study material in schools.

  • @lawrencecarlos9875
    @lawrencecarlos9875 Рік тому

    Thanks Samuel Leeds. I think you were born a lecturer. Even an year 2 kid can grasp what you are explaining not unless one has blocks of wood in the brain. You are a blessing Sir!

  • @DanielIles
    @DanielIles 5 років тому +16

    If the interest rate is low enough even taking out a mortgage to dump into stocks makes sense. I have been making over 10% in stocks and my mortgage is 3.75%. Debt is my greatest tool for building wealth!

    • @DanielIles
      @DanielIles 5 років тому +3

      T DAWG stock market is awesome and surprisingly simple if you stick with index funds. Some great books on this are “a random walk down Wall Street” and “the intelligent investor”. Both have helped me tremendously!

    • @DanielIles
      @DanielIles 5 років тому +3

      T DAWG I’d love to answer! I have mostly index funds since they are so cheap. I also have quite a lot on amazon, I love Bezos! I made about 22% in the last 365 days. So if I had 100k invested it’s a good amount, if I had less it would be less proportionately. I live in Alaska! I also made a video on how I got a rental property worth a quarter million for 8 grand. Let me know what you think!

    • @DanielIles
      @DanielIles 5 років тому +1

      T DAWG I am not kicking back yet. I will need quite a lot more until I am ready to relax. But luckily I like what I do so it doesn’t bother me one bit to do it every day!

    • @eeesee1762
      @eeesee1762 4 роки тому +2

      How is your stocks adventure going?

  • @asadqube5336
    @asadqube5336 5 років тому +2

    This works, I've done it. It is risky but you just need to make sure you're saving as you go along too incase you have tenant issues.

    • @TheBitcoinExperience
      @TheBitcoinExperience 5 років тому

      Absolutely! Saving 10% of the monthly rent for possible voids is just good business practice.
      Don't forget that there are tenant referencing services that offer to pay your rent for up to 6 months if the tenant they said is "good" stops paying rent.
      There's also the option to get rent insurance. Yes, it's a small extra cost, but it can come out of the 10% you save each month.

  • @erastusmuhia224
    @erastusmuhia224 4 роки тому +4

    Your examples are always spot on! Enjoy listening to these videos. I have done what he speaks of and in just over a year and I am making almost half of what I earn at my full time job!
    Thanks Samuel!

    • @SamuelLeeds
      @SamuelLeeds  4 роки тому +2

      That’s absolutely amazing well done and please keep me posted on your journey. Connect on social media

    • @erastusmuhia224
      @erastusmuhia224 4 роки тому +1

      Samuel Leeds definitely! Your work is amazing.. All these free content is moving masses. Not sure why people complain. Take it or leave it, it’s our duty to be financially free unless we love our 9-5 😂

  • @kandeepanbalasingam5841
    @kandeepanbalasingam5841 2 роки тому

    I recently started watching this guy. He is really amazing. No waffling. Straight to the point. I find his videos very useful. Keep rocking buddy!

  • @DinizEngland
    @DinizEngland 5 років тому

    No one does it better than Simon. Hence he is the UK property Ambassador.

  • @Lucylu723
    @Lucylu723 3 роки тому +17

    This video is absolute *GOLD*.
    You have literally gave me the answer I need that many guru's/ UA-camrs suggest I should pay a course for. God bless you for making this information so readily available to general public. I know it doesn't give you the answer in black and white, but it sure gives you ideas to make your goals a reality. Now it's down to you as an individual to take these golden nuggets to make your dreams a reality.
    I have to give a shout out to Patricia Bright as well, if it wasn't for her I would honestly to God have no clue about this guy. God bless the both of you abundantly in Jesus name Amen.🙏🏾

  • @uksecuritypower
    @uksecuritypower 3 роки тому

    Samuel i never knew a good teacher until recently when I started watching your videos.

  • @jackhorrey5962
    @jackhorrey5962 3 роки тому +3

    I love this video. I first saw it in Las Vegas on a business trip 2 years ago. I was totally distracted from the business trip I was attending and binged on Samuel Leeds videos. 2 years later I’ve now for 4 BTL properties and I haven’t looked back. Thank you for the inspiration Samuel!

    • @LosSantosCity
      @LosSantosCity 2 роки тому

      @Babbycatt what course did you buy? I’m want to get into real estate

    • @LosSantosCity
      @LosSantosCity 2 роки тому

      @Babbycatt thank you. I live in London though

    • @LosSantosCity
      @LosSantosCity 2 роки тому

      @Babbycatt thank you again

  • @oloufemitraore3698
    @oloufemitraore3698 2 роки тому

    This video is just amazing 😍😍. I can’t wait to follow your steps. God bless you for everything 🙏🏽🙏🏽

  • @thedroneman3379
    @thedroneman3379 Рік тому

    Fantastic video. Helped me massively with looking to buy a second BTL. Thank you

  • @carolinemillington5713
    @carolinemillington5713 3 роки тому +2

    Thank you for making the information so clear and easy to understand. You have given me the confidence to do this.

  • @Paulsmithwarriorproperites
    @Paulsmithwarriorproperites 5 років тому +5

    Absolutely fantastic advice, we started to do this but this just reasures we doing correctly, Samuel your a top guy with brilliant advice, thank you for sharing 🙏 God bless you and us for blessing us all with you 🙏

    • @SamuelLeeds
      @SamuelLeeds  5 років тому

      North West Warriors glad to be of use, thanks for commenting

  • @graceakinboboye5415
    @graceakinboboye5415 2 роки тому

    Wonderful, Samuel you are great, thanks for this video. Am liking it.

  • @tomabbotts
    @tomabbotts 2 роки тому +1

    This was a really helpful video but in regard to case study #1, with today’s interest rates, wouldn’t the interest rate on the initial residential property be so high it wouldn’t be worth refinancing and purchasing additional properties eg the rental income wouldn’t outweigh the additional cost of interest?

  • @ARKGTM
    @ARKGTM 5 років тому +1

    Probably one of the best videos youve put out Sam. Im 30 years old with 100k cash and beginning on my PI journey so its interesting to see where i could end up! Im in a position where alot of people ask me about finance, houses and mortgages etc but it's sometimes hard to explain without going on a tangent, so ill deffinately point them to this video.

  • @M12_TDE
    @M12_TDE 3 роки тому +1

    This is exactly the video I’ve been looking for. I owe around £100k on my first rental house which is worth £150k, I’ve been toying wether to put it on interest only and enjoy the money month by month - or take the equity out and put it down on a deposit for a second house.
    Any advice appreciated

  • @mariasousa-hg7kf
    @mariasousa-hg7kf 2 роки тому

    I love your videos. Always full of energy and knowledge.

  • @zombiekiller3249
    @zombiekiller3249 2 роки тому

    smashing vid made just bought the book cant wait to read it

  • @CeLeRitAs3
    @CeLeRitAs3 5 років тому +3

    Absolute GOLD content as usual Samuel..
    Thanks

  • @uinvestinu7905
    @uinvestinu7905 5 років тому +1

    At last someone that explains it plain and simple not going on about themselves for half the video ha ha... Great video thanks very much 👍

  • @biggraph2236
    @biggraph2236 4 роки тому +2

    This was definitely an eye-opener . thanks you

  • @CandiceAmson
    @CandiceAmson 3 роки тому +1

    On your personal residence lenders base it on your income regardless of the equity in your home.

  • @sophiesimmons4530
    @sophiesimmons4530 Рік тому +1

    Love this video and all your content! Question 🙋🏻‍♀️ - if you own 25% of the properties at the end, do you get 25% of the new value or do you only get the initial 25% deposit you put in? Sorry if that’s a silly question! I love this strategy and it’s now my goal 😂

    • @juliegeorge8533
      @juliegeorge8533 Рік тому +1

      You own 25% of the end value of the properties! If you buy a property at £100,000 and you pay £25,000 deposit then you have purchased 25% of that property. In 10 years time, maybe less that property may be worth £200,000. You still own 25% of the property which is £50,000! No money question is a silly question!

  • @mattharvey9877
    @mattharvey9877 4 роки тому +1

    What a great way to break it down

    • @SamuelLeeds
      @SamuelLeeds  4 роки тому

      Thanks, i am glad you found it useful.

  • @jameslife3692
    @jameslife3692 3 роки тому

    Hi Samuel! I’ve just agreed a sale using this strategy! It’s surprising how much control you have as a cash buyer! Love the videos keep up the content!

  • @ahmadsauyack2770
    @ahmadsauyack2770 2 роки тому

    this guy is genuinely a nice guy

  • @alexsnelson7032
    @alexsnelson7032 5 років тому +2

    AMAZING!!! Coming to the crash course in June - I'm only 23... Is there a minimum age required to release equity or refinance as you explained? I've seen the age 55 pop up in a few places... Can't wait for the next episode of The Eviction. See you in June.
    Alex

  • @kennyyemi5752
    @kennyyemi5752 2 роки тому

    The guy is a guru!

  • @iwillquitmyjob
    @iwillquitmyjob 5 років тому +1

    Thanks for all the info I got into real estate 3 yrs ago really amping up my portfolio this year

  • @ctznx9039
    @ctznx9039 2 роки тому

    Just come across this absolute golden this is

  • @anthonyday931
    @anthonyday931 2 роки тому

    just ordered your book Samuel! do you have any courses? i have one property and i would advice getting a second property

  • @grahamosifo7149
    @grahamosifo7149 2 роки тому

    thanks very much, i have learnt a lot from you

  • @trialav8
    @trialav8 5 років тому +2

    Thanks man, great video!!! I like that kind of perspective and energy.

  • @dabstheleo1967
    @dabstheleo1967 2 роки тому

    Excellent Samuel! I am 56 and disabled and want to do this but i need guidence! Please help me! Dabs from Derby. X

  • @F.E.A.R_
    @F.E.A.R_ 5 років тому +3

    Would u accept challenge and go to Croatia to buy property without money?You will have a blast.
    Love your work.👍

  • @chrisdirker
    @chrisdirker 2 роки тому

    Thank you Samuel, well said. Powerful nutshell explanation 10/10 👌

  • @verginiaodum8344
    @verginiaodum8344 2 роки тому

    Thank you so much for this information

  • @smartrtank8809
    @smartrtank8809 5 років тому

    Hi Samuel on the off chance you see this. I comment on most of your videos. Just to say congrats on what your doing, me and a mate were thinking on contacting you about mentoring when you were on about 2k subs and now you have made it to70k plus, don’t worry, not hear to ask for a mentor as you probably get that 20 times a day, just here to say congrats 👍🏼

  • @ril-eq3vp
    @ril-eq3vp 4 роки тому

    Yes you are very right. My mother left me her house. It has a Tennant.
    So tomorrow l have an appointment with a broker. He says, take 40k out the property on an interest only mortgage. Then use that 40k for a deposit on 2 100k property's. Also interest mortgages. Then after a few years when the Tennant's pay enough of the mortgage do the same again & again & again

    • @phillmoney7162
      @phillmoney7162 5 місяців тому

      How far now? Cos i wanna do this

  • @rosethompson1737
    @rosethompson1737 4 роки тому +3

    Hi Samuel, I love your channel. So happy I found you. I have a question, if you own a property already and you purchase another property does that go against your affordability for your second property? Or are these examples only based on if you are renting the property out?

    • @SamuelLeeds
      @SamuelLeeds  4 роки тому +3

      Hey, investment property is looked differently than residential and is not solely based on affordability, more about how the deal stands up as a business. That’s how property investors create large portfolios. 👍👍

    • @rosethompson1737
      @rosethompson1737 4 роки тому +1

      @@SamuelLeeds thank you so much for getting back to me! I feel so inspired 😁😁😁😁

  • @jllewellyn8000
    @jllewellyn8000 Рік тому +1

    Love Samuel, been watching for around 2years now. Unfortunately, using equity will only work if we sell as we hit the “affordability” issue. Really frustrating when you own 50% of the properties value. Yes even in a property that’s worth double the mortgage, we can’t pull equity unless we sell. And even then our mortgage provider declined us to use 45% of the equity to downsize reducing the mortgage it’s an absolute joke. I see the path to get into property with a few bargains out there but we are stuck until we get slammed with a new mortgage next year when our fixed term is up! Feel like a mortgage prisoner and it’s a big career blog too.

  • @thehouseteambuildingcommun2599
    @thehouseteambuildingcommun2599 2 роки тому

    Hi Samuel. Where do you pet the equity money while waiting for the right next property?

  • @violetraton8731
    @violetraton8731 5 років тому

    Make sense. I will take your advice

  • @nathan6899
    @nathan6899 4 роки тому

    Excellent video, easy to understand, added to my favourites. Thank you 🙏🏾

  • @garyf.3328
    @garyf.3328 5 років тому +4

    What happens to this strategy if there is a 2008 style crash and you have 20 properties on two or three year deals... ? A market where mortgage lending has stopped and you end up with payments higher than rental income?

    • @howiehowdy
      @howiehowdy 5 років тому +1

      Thats where people like me and you buy up all their houses with the real money we have in our bank accounts and stock market and experience true financial freedom! Seriously man the more people this guy ropes into this stuff the better it is for real investors who use wisdom and preperation to reep the rewards of what those people are trying to do before they have the money to do it

  • @dorotawypuszcz377
    @dorotawypuszcz377 5 років тому

    Thank you Samuel for that video. It is great. I am gonna take your advice and refinance my property this year to but secound one. You are the best

  • @tonydemetrios1251
    @tonydemetrios1251 5 років тому +1

    But won’t you need money to pay the remortgage money monthly payments which she will need to find that month.?Won’t she need some money behind her to pay fees ect.

  • @david-ky7rt
    @david-ky7rt 5 років тому +1

    Great video and Great advice, you certainly know your trade.

  • @kajilai
    @kajilai 5 років тому +2

    Question remains, when you increase your property portfolio you still gotta pay off the new mortgages and how do you do that? From the rents?, so now you got the old mortgage and 4 to 5 new mortgages? Hopefully no unseen situation hinders this cash flow system

    • @danespear7327
      @danespear7327 4 роки тому

      This is what I was looking for. I have about 200k equity in my home and was looking at how it would work using that to purchase another home. Only issue is increasing my current mortgage payment by taking out the equity as well as taking on another mortgage. Even renting out 1 of the properties I can't cover those payments.

  • @hasans693
    @hasans693 3 роки тому

    Great video! Thanks

  • @Dahni555
    @Dahni555 2 роки тому

    Legend of the buy to let world

  • @LetsStay.Damien
    @LetsStay.Damien 2 роки тому

    This is the best explanation I've seen 👏 👌

  • @deadepic7314
    @deadepic7314 4 роки тому

    Exactly what I was looking for. Thank you

  • @LeeBarberMcrUK
    @LeeBarberMcrUK 5 років тому

    Love this, I'm about to do it again now I know how easy it is on properties 2 and 3

  • @matthewtaylor2965
    @matthewtaylor2965 4 роки тому +1

    Thanks brilliant video

  • @carlcram1717
    @carlcram1717 5 років тому

    Love this video.everything is so simple with a good power team behind you. Think big!!!!

  • @CuriousPavel
    @CuriousPavel 5 років тому +2

    Thanks, Sam. It's like you were speaking to me.. directly.
    I'm 30 and just bought my first one. Used help to buy though. Gonna need to research if that matters. Curious what your thoughts are on Help to buy
    Do let me know if you have an event in London. I'm a videographer. Will be happy to come and film it for you for free

  • @FEDERALBOYSENTERTAINMENT
    @FEDERALBOYSENTERTAINMENT 4 роки тому

    Wonderful thinking 🤔 subscribed

  • @jakemorrison8507
    @jakemorrison8507 Місяць тому

    What i dont get is how to get to the first point.
    Say youve got a mortgage and are waiting to get equity on it to reinvest in a new house, how do you get that equity quickly, without waiting for the property to increase in value, or waiting 10 years of overpaying your mortgage to get a decent chunk of equity.
    Are you better off saving for a second deposit on a house in the mean time?

  • @waynelambert7709
    @waynelambert7709 4 роки тому +1

    Hi Samuel, love your videos and enthusiasm but i just wanted to know your thoughts during the current crisis we are in i.e. would you still advise people to refinance if there is a depression looming? Sorry to be pessimistic but just wanted your thoughts

    • @adame5881
      @adame5881 4 роки тому

      He would advice you to go to his expensive useless courses

  • @djdad2482
    @djdad2482 2 роки тому

    This advice really helps! Thank you 👍

  • @Rizwan-mw3nr
    @Rizwan-mw3nr 3 роки тому

    Your 100% right mate

  • @robertbishop5564
    @robertbishop5564 5 років тому +2

    First time I've ever come across this channel. So I'm 40 and mortgage free and my house is worth about 210k, what's the best thing to do to become wealthy without risking this safety net I have of a family home no matter what the circumstances ( keeping in mind I have a wife and 6 year old and no regular income as I started my own business ...not in property btw) . Any advice would be great as I just want to enjoy life!

  • @gloriabukachi1
    @gloriabukachi1 2 роки тому

    This had helped a lot. Thanks

  • @TiagoSpsk
    @TiagoSpsk 5 років тому +2

    Absolutely loved this video man! You now inspiring me (found your youtube channel yesterday lol) I am a new investor, got my own property 3 years ago, had little deposit.... made some money after 2 years and a DIY refurb, and used that equity to buy another one... did it all up, Let in 24hrs... but now struggling to release much equity on that one... I definitely must put more effort, research and re-think what can I do next... Cheers, will watch all your videos from now on! (hi from Sutton ;) ) > Your thinking in this video, is precisely my thinking ;) Thank you

  • @MisssssTUK
    @MisssssTUK 3 роки тому

    thank you so much for this video

  • @michaelblanche5770
    @michaelblanche5770 2 роки тому

    “Hi Samuel “ Thanks for so much inspiring information and great Advice , I find it so addictive to watch . Just a thought I am in my early sixties with equity in my property, would my age go against me by the banks for refinancing my property to release 75% .

  • @catrin1991
    @catrin1991 2 роки тому

    Can I release equity on a house that is already let out? Thank you xx

  • @mannyf5668
    @mannyf5668 4 роки тому

    Great video very easy to understand 👌🏿😁

  • @DarioDaversapiano
    @DarioDaversapiano 5 років тому +8

    Samuel, great video, could you also cover the example in which if you get to the end of the intrest mortgage on all say 20 properties you have accumulated and at the time of paying off the banks, the properties are in negative equity because there was a financial crash and since you were highly leveraged now if you sold the houses you would sill own the banks 50k for each property plus the loss of the deposits. In this case? Would you remortgage to ride the market? And what if your age restricts you from getting a remortgage? These scenarios would be a great topic for a video. Thanks again, i read your book aswell, very informative!

    • @kh-wg9bt
      @kh-wg9bt 3 роки тому

      What are the chances of this happening? When my dad bought his house 35 years ago it has pretty much doubled in price.

  • @DaKaveCollects
    @DaKaveCollects 5 років тому +1

    I currently own a condo here in Hawaii worth $300,000. The problem with trying to get mortgages or HELOC's from banks & brokers is they require at least 2 years of verifiable income including tax. This is where I'm currently stuck and don't want to go to hard money lenders. What do you suggest?

  • @grahampoole9661
    @grahampoole9661 5 років тому +1

    Great video samuel 👍

  • @JesusTheking100
    @JesusTheking100 2 роки тому

    How soon could I take out an equity loan after taking out a residential mortgage. Basically in 2023 I will be taking out a residential mortgage, but looking to build a property portfolio. Many thanks

  • @wisdom_wellness365
    @wisdom_wellness365 2 роки тому

    Fantastic!

  • @musicacomida3666
    @musicacomida3666 5 років тому +1

    Great as always. Cheers!
    Saludos from Ecuador

  • @przemyslawzak3192
    @przemyslawzak3192 5 років тому +7

    So true, now try to convince your spouse to take that leap in 'deadly sin' of debt.

  • @youtooaromatherapy1897
    @youtooaromatherapy1897 3 роки тому

    Hello Samuel, how soon after buying a property outright can you borrow against it?

  • @lpdleoni3850
    @lpdleoni3850 5 років тому

    Hi Samuel, great information if only the public were aware of this financial education. I wish I know this when younger! But looking to change it now. Can this be done with a help to buy property which I have? Also I’m book on your course looking forward to that!

  • @LegitKev.
    @LegitKev. 3 роки тому

    Great video explains it well but what happens when you get the 100k house spend 20k refurbing it and then the end value is only 115k ? as now when you remortgage you wont have enough money to put down as deposit on next house and wont have enough to refurb it this is where im stuck at

  • @masterl14
    @masterl14 5 років тому

    Thank you very much for this great video!

  • @user-pd4do6tn6w
    @user-pd4do6tn6w 3 роки тому

    Whilst I do agree with what he’s saying - having been on the other side of the fence (lending to property investors), during times of financial crisis if you’re highly leveraged you may not find it as easy to refinance deals as Samuel makes out. I recall the 2008 crash and seeing lots of ‘smaller’ investors that weren’t sat on lots of cash feeling quite bruised due to not being able to refinance at the drop of a hat as they may have been able to during more buoyant economic periods. That’s certainly not the stress you’d want if you’re entering into retirement.

    • @Monaleen85
      @Monaleen85 3 роки тому

      Hi K, is there a recommended rule to abide by when it comes to leverage? How much is too much? I am considering property investment but another crash like 2008 scares the hell out of me. Thanks in advance!

  • @imanahmed4887
    @imanahmed4887 5 років тому +1

    Hi Samuel I went to the crash course and signed onto NPUOMA course but want to upgrade to academy. Called the team and no one answered. Will try again tomorow but don’t want to miss out on the opportunity!

    • @SamuelLeeds
      @SamuelLeeds  5 років тому +1

      Iman Ahmed hey buddy, if you message me on Facebook or email info@samuelleeds.com I will personally make sure somebody’s spoken with you by tomorrow :)
      Look forward to hearing your story

  • @FSshizz
    @FSshizz 5 років тому +1

    Very nice! If you refinance a house from say 100k to 150k and pull out equity.. say it takes 25 years to then pay off the new loan mortgage of 150k at the end of the term and once the final payment is made that refinanced home is now yours isn't it? So if you have 10 properties makig decent cash flow per month once there all paid off you'll gain more cash flow too per month.. that's right isn't it? Just for instance you would rather have a few properties mortgage free :)

    • @healthiswealth8153
      @healthiswealth8153 4 роки тому

      no, unless it's on a repayment mortgage which you will struggle to make the numbers work. Most investor properties are interest-only mortgages to leverage equity and generate higher cash-flow

  • @MuhammadFaizanChoudhury
    @MuhammadFaizanChoudhury 3 роки тому

    What about if mortgage rates goes up to 10% and how you will be able to pay back your remortgage loan if it’s too high ?
    Because all your remortgage equity money you will have invested in properties with each property with mortgage which will paying back by rent.
    But again what will happen if rates go high to 10% and property price fall and how we will avoid bank crupcee and how can pay back our remortgage loan

  • @shaw6311
    @shaw6311 5 років тому

    Samuel, UK doesn't really have many higher unit multi family units. What does your portfolio consist of? Would you suggest single family homes? Or would you push for the lower end multi family properties?

  • @Crypto_with_preston
    @Crypto_with_preston 3 роки тому

    Great stuff Samuel 👏

  • @frogantoad
    @frogantoad 5 років тому

    Wow this is really an eyeopener awesome advice

  • @damiancrawford8185
    @damiancrawford8185 5 років тому

    Awesome Thank you Sam

  • @connordickens2342
    @connordickens2342 Рік тому +1

    "Best selling author of this property book" clever wording 😂

  • @siani5299
    @siani5299 4 роки тому +1

    Is there any intrest rates when you remortgage the property

    • @siani5299
      @siani5299 4 роки тому +1

      Daniel Kirkland thanks for your reply, another question i have is do you pay off your existing mortgage with the remortgage and than you keep whats left.

  • @bowenol
    @bowenol 5 років тому +17

    Very risky. I completely understand the principle but it relies on a few things. 1) house prices going up 2) tenants all paying every month 3) no empty properties.

    • @TalkingDonkeyz
      @TalkingDonkeyz 5 років тому

      Not if you do it correctly

    • @howiehowdy
      @howiehowdy 5 років тому +1

      Those are the least of your concerns, banks do whatever they want because they have all the power and get bailed out by their governments when they make mistakes

    • @TheBitcoinExperience
      @TheBitcoinExperience 5 років тому +4

      Although you cannot completely eliminate risk from any investment, there are ways to reduce it.
      With regards to tenants not paying, a great way to make sure you are covered is to do your due diligence really well on each tenant.
      For example, there are tenant referencing services that offer to pay your rent if the applicant they gave a pass to fails to do so.
      There are also rent insurances available, so there are ways to protect yourself and reduce your risk.
      Hope that helps :)

    • @Harposidious
      @Harposidious 2 роки тому

      When was the last time property went down and stayed there?

    • @Craigo5000
      @Craigo5000 Рік тому

      House prices in the UK have roughly doubled every ten years since 1600.

  • @FSshizz
    @FSshizz 4 роки тому

    So when you refinance are you basically restarting another buy to let mortgage or is all that equity basically a loan? I thought LTV was basically like just taking out equity and starting a new buy to let mortgage??

  • @sebastianbeadle8982
    @sebastianbeadle8982 5 років тому

    When you stared out, how did you get deposits?

  • @kennytaylor9840
    @kennytaylor9840 5 років тому +6

    Sounds great, but consider the 4% tax on second home, solicitor fees, broker fees and then the refurb capital before you gallop in, on 100k property that could ( probably will be ) be in excess of 10k before you get going. I'm not saying don't Do it......but do your sums first and know your tax fall potential . I'm no expert 🤗

    • @manen2459
      @manen2459 5 років тому +2

      What tax is 4%? Did you mean stamp duty?

    • @mwill101
      @mwill101 5 років тому

      And then capital gains at the end of it all to wipe off 20% profit from all the sales!

    • @cragens
      @cragens 4 роки тому

      An investment property isn't a second home.
      Your costs would be:
      - 25k deposit
      - Zero stamp duty
      - 5k solicitors and admin costs
      - X refurb
      So 30k plus any refurbs you may choose to do.
      Although you wouldn't generally do refurbs unless they added a value in equity equal to or greater than the cost, making refurbishment costs negligible

  • @thepap000
    @thepap000 3 роки тому +1

    Is buy low rent high on audible?

    • @SamuelLeeds
      @SamuelLeeds  3 роки тому +1

      Yes

    • @thepap000
      @thepap000 3 роки тому

      @@SamuelLeeds perfect thank you! Do you have any other books I could listen to after I've completed buy low rent high?

  • @klev6071
    @klev6071 2 роки тому

    I have the same story Cash bought house worth 300k and want to invest and earn a income - need to find the right mortage