How to make over £40,000 on a house flip!
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- Опубліковано 18 лют 2024
- This video is a tour of our latest house project, talking about the plans we have to renovate it and giving a breakdown of all the costs and projected profit. #propertyinvesting
Great vid. Straight up and no BS. Like it.
Thanks Gordon 👍
How you by any chance got a price of your refurb cost please am in Liverpool about to start my first flip and having a close to accurate refurb figure actually help my numbers thanks
Hello, drop me an email I’ll try and help 👍
Hi great video!
This project is for Flip?
Hello 👋 that’s the plan at the moment. The only reason we would rent it out is if we didn’t secure the sale price we wanted. We would however refinance and pull out 75% of the value.
Are you doing this in a ltd company, if so, do you have pay corp tax on that profit ?
Hello 👋 this one has not been purchased as part of a LTD company but any future ones will be. I plan on doing a video on this but I will do it once I have experienced both scenarios. Thanks
Great video, but why does the master bedroom need an ensuite? Why bother, people don't want that
Hello 👋 thanks for the comment. It’s a 4 bedroom house so an en suite adds more value to the house than what it costs us to install (£2500 in this instance). It’s good for us to hear different opinions though. What would you have done differently?
@@Grantbproperty Ah sorry, i thought it was only 3 bedroom. With that many people living there it probably comes in handy.
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