I watched your videos Paul and Abby’s videos, I got into property 5 years ago, because of watching your videos and reading your story, I took your advice and now I have 17 houses, after working hard for 40 years for other people (plumber) I’m now retired just looking after my tenants,, who I treat well, good advice, and have a passive income, my son is joining me after leaving school , I want him to learn his gas safe and also become an EPC man all down to you and your videos,thanks
It is exactly what I wanted to do genus’s investor ,I’ll respect you very much and love your webnair ,I would not say that’s excuses ,trully belive it’s the best way to live debts behind and live comfortable life ,what makes me stressful it is that wherever I am about to started il have difficulty to do simple thinks like open mobile banking account any takes me long time than mobile do not work or can not do it on my own ,struggling really ,when everythink more problematic it’s waiting to start up ,thank you so much for sensible and wise advise ,trully I wanted to ask you about that how could start being in my shoes is no t that like wisdom from above to know what biginers wanted to know from you personally ?
Would love to get into property flipping what worries me the most is the cost of refurb so I still make a profit and finding a trusted building company Paul as I have no skills in joinery electrics or plumbing so I would need to bring in builders to do all the work.
Do I buy a home or invest in property business? I could buy a home and wait for equity after a year and use that to invest. Way too old to still be renting or living with parents. Alternatively put all that deposit into property investing. This is what I’m battling with now. I can’t decide
Nice video and thanks for the information. With 40k saving, no mortgage. An international student in the uk? How can I climb into the property ladder ? With a 22k salary a year ?
Hi, I just bought my 1st house, 37 year old and my dream is to be a property developer. Obviously, I spent all my savings on the deposit to buy my house...please advise me, where to start? I believe I need at least more 3 years to save money again...
This is great theory, but they way the housing market is now (high house prices) is not a good time to buy. If you buy a house for £150,000 and spend your £30,000 savings on doing it up it won’t necessarily be worth £180,000!
Well until next April 19% on profits. However of course profits are after all legitimate costs... mobile phones at the lower end through to board meetings in exotic places... good luck
Hi Paul Thank u for this. Very helpful. Would you or Abbey be able to connect me with property advisor and a mentor for the area of Cambridge UK. Do you think UK is a wise property investment choice or is Spain, France or where you are based better?
I'm currently doing this strategy with my own home but I'm currently on your bootcamp learning about Sa . I'm probably going to rent out on SA . Do you advise me to re mortgage and take out the equity and get the new mortgage as a company? Not sure I worded this right but you get the jist.
Love the video Paul thanks. I’ve already done my first property. Just as you suggested on my mortgage. I would like to do a second one. Unfortunately the help I would need to find a new wife. She hated me doing it. 😢
Would love to do this, but unfortunately I’m on minimum wage, no savings and don’t own my own property. I wish your adverts would stop popping up all the time lol
Did you watch the end of the video Gazza? I started with £170 when I left home. I am going to hold you accountable to yourself. Minimum wage is massive compared to anything I started with. You going to give yourself excuses or results?
Have you considered changing your job Gazza to contract jobs that require python coding it pays minimum £400 per day and contracts are likely to be extended. Beyond 3 months
Increase your income by having skills that add value to the market place. Currently Data, AI, VR is where the money is at. 100 years ago the people who got paid well were most likely mechanics (problem solvers) when Henry ford released the ford cars. (Valuable skills to the Market place)
Wow! I have no idea of your demographic but you’re assuming the average person is very rich if they have a £300,000 mortgage-free home, £30,000 savings, decent pension and is earning £35,000 a year! 😮 The ‘average’ person in my well-off area has a mortgage on a £200,000 property, no savings and an income of £15 - £20,000 (if they’re lucky). When I moved house I had £180,000 and the maximum mortgage I could get (aged 56, with 10 years to retirement) was £30,000). I will be investing my inheritance of possibly £30,000, how can you realistically help?
Hi Joanne, of course averages are averages. the Office For National Statistics shows roughly 70% of people have their own home and 30% rent. From the 70% roughly 37% have paid off their mortgage. I do understand very well areas are very different. More importantly how can we help you? It all starts with understanding what is possible and deciding if you want to become wealthy through property. A great place to start is my Wealth Through Property book. You can download the ebook from the link in the text below the video for free. Good luck.
@@PaulSmithTouchstoneEducation I'm glad to hear that theirs a lot of improvement made all over the continent a great place to check out is Ghana its very popular for investing atm.
Of course buy my property courses lol. How are you going to get the 150,000 for a flip. A 150 k would just about buy me a 1 bedroom flat where I am. I notice you overlook capital gains tax. Solicitor fees etc.
I watched your videos Paul and Abby’s videos, I got into property 5 years ago, because of watching your videos and reading your story, I took your advice and now I have 17 houses, after working hard for 40 years for other people (plumber) I’m now retired just looking after my tenants,, who I treat well, good advice, and have a passive income, my son is joining me after leaving school , I want him to learn his gas safe and also become an EPC man all down to you and your videos,thanks
Yeah of course you do.
So true! 👍
No excuses for wining.
Is flipping a good strategy in a falling market?
Why would you flip one, then keep one? Why not flip continuously or keep them all? Why alternate?
I need capital to start & also paul your accademy mentorship.❤❤❤
Hi Paul, a very informative and incisive UA-cam Video and I have also ordered your Wealth Through Property Book. Thank you for sharing.
Thank you Rajesh! Good luck
It is exactly what I wanted to do genus’s investor ,I’ll respect you very much and love your webnair ,I would not say that’s excuses ,trully belive it’s the best way to live debts behind and live comfortable life ,what makes me stressful it is that wherever I am about to started il have difficulty to do simple thinks like open mobile banking account any takes me long time than mobile do not work or can not do it on my own ,struggling really ,when everythink more problematic it’s waiting to start up ,thank you so much for sensible and wise advise ,trully I wanted to ask you about that how could start being in my shoes is no t that like wisdom from above to know what biginers wanted to know from you personally ?
Got it... I have done lots of videos starting with zero money (like I did) good luck
Thank you very much for the tips.apreciated
Hello Paul, is buying office space to rent out a good first property investment?
Can be .. I always make sure I have a plan b.. such as converting to flats. Good luck.
Would love to get into property flipping what worries me the most is the cost of refurb so I still make a profit and finding a trusted building company Paul as I have no skills in joinery electrics or plumbing so I would need to bring in builders to do all the work.
They take your money and do not deliver. Disappear answering calls and do not answer emails. Stay away
@susannah ringwood what I have tondo first is change banks as i have no interest.
Keep up the great videos
Hi could you send me a link to your a book please cheers
Do I buy a home or invest in property business?
I could buy a home and wait for equity after a year and use that to invest. Way too old to still be renting or living with parents. Alternatively put all that deposit into property investing.
This is what I’m battling with now. I can’t decide
Property is my favourite asset class. First property investment I believe should be a home for oneself.
Living with your parents could help you build a deposit!
how? @@johnporcella2375
Nice video and thanks for the information. With 40k saving, no mortgage. An international student in the uk? How can I climb into the property ladder ? With a 22k salary a year ?
Rent to rent, deal packaging and maybe a small joint venture with somebody else?
Probably the best idea
❤️❤️❤️
Hi, I just bought my 1st house, 37 year old and my dream is to be a property developer. Obviously, I spent all my savings on the deposit to buy my house...please advise me, where to start? I believe I need at least more 3 years to save money again...
Well done you! Maybe read some of my books? Maybe start with "Wealth Through Property"? Well done and good luck. Paul
Thank you!!! I just downloaded!! Rute
This is great theory, but they way the housing market is now (high house prices) is not a good time to buy. If you buy a house for £150,000 and spend your £30,000 savings on doing it up it won’t necessarily be worth £180,000!
It would be great Paul
Great video Paul! What tax would you pay from buying and selling through a limited company? Just corporation tax on profits, so 25%?
Well until next April 19% on profits. However of course profits are after all legitimate costs... mobile phones at the lower end through to board meetings in exotic places... good luck
Definitely this is for me 🎉🎉🎉
Hi Paul
Thank u for this. Very helpful. Would you or Abbey be able to connect me with property advisor and a mentor for the area of Cambridge UK. Do you think UK is a wise property investment choice or is Spain, France or where you are based better?
Thankyou Paul.
Hi Paul, great video!
I’d like to learn how to do deal packaging. My dream is to do developments and new builds.
Then go for it
This is best guy I know Tom, I’m currently going through his content. youtube.com/@AlasdairCunningham
I'm currently doing this strategy with my own home but I'm currently on your bootcamp learning about Sa . I'm probably going to rent out on SA . Do you advise me to re mortgage and take out the equity and get the new mortgage as a company? Not sure I worded this right but you get the jist.
Love the video Paul thanks.
I’ve already done my first property. Just as you suggested on my mortgage. I would like to do a second one.
Unfortunately the help I would need to find a new wife. She hated me doing it.
😢
Well done on the property & wanting to do the second one.. we do not do relationship advice!
Just follow the formula Total GDV - Purchase - build cost - Divorce = Profit
I really enjoy the video
Thank you!
Aside from flipping, serviced accomodation seems to be the way forward!
I love SA ...
Did you get an international mortgage for property investing in SA or did you pay out right Paul
@@AGBDej I got a French mortgage for the one in France...
@@PaulSmithTouchstoneEducation thank you so I know that as a Brit it’s possible, or do I need to be a French resident?
@@AGBDej we did actually get the mortgage when we were UK residents so 100% possible. Ours is with BNP. Good luck
Brilliant Paul.
Thank you Nicola.
I guess still possible in a falling market. Just need to be careful
We need to be educated, supported, in the right network and coached regardless of market conditions. Good luck.
This is truthful ❤
Loved it x
Thank you so much brilliant !
@susannah ringwood getting a flip from my bungalow have no idea where it went. To me Bungalow.
Would love to do this, but unfortunately I’m on minimum wage, no savings and don’t own my own property. I wish your adverts would stop popping up all the time lol
Did you watch the end of the video Gazza? I started with £170 when I left home. I am going to hold you accountable to yourself. Minimum wage is massive compared to anything I started with. You going to give yourself excuses or results?
Have you considered changing your job Gazza to contract jobs that require python coding it pays minimum £400 per day and contracts are likely to be extended. Beyond 3 months
Increase your income by having skills that add value to the market place. Currently Data, AI, VR is where the money is at. 100 years ago the people who got paid well were most likely mechanics (problem solvers) when Henry ford released the ford cars. (Valuable skills to the Market place)
We can help 15k ha ha. Piss myself laughing.
Wow!
I have no idea of your demographic but you’re assuming the average person is very rich if they have a £300,000 mortgage-free home, £30,000 savings, decent pension and is earning £35,000 a year! 😮
The ‘average’ person in my well-off area has a mortgage on a £200,000 property, no savings and an income of £15 - £20,000 (if they’re lucky). When I moved house I had £180,000 and the maximum mortgage I could get (aged 56, with 10 years to retirement) was £30,000). I will be investing my inheritance of possibly £30,000, how can you realistically help?
Hi Joanne, of course averages are averages. the Office For National Statistics shows roughly 70% of people have their own home and 30% rent. From the 70% roughly 37% have paid off their mortgage. I do understand very well areas are very different. More importantly how can we help you? It all starts with understanding what is possible and deciding if you want to become wealthy through property. A great place to start is my Wealth Through Property book. You can download the ebook from the link in the text below the video for free. Good luck.
Great video but you can most definitely do it in most of Africa my friend
Never invested in Africa, beautiful continent, I love going to Africa, we had our honeymoon in Kenya. Need to learn more.
@@PaulSmithTouchstoneEducation I'm glad to hear that theirs a lot of improvement made all over the continent a great place to check out is Ghana its very popular for investing atm.
@@jordanhtiffirg1990 thank you for the information...
💜
I hope goverment offices do not want eve t you and block your way to be investor
Most people watching this won't be 50 year olds. Probs people in third 20s and 30s trying to make something of themselves
Hi Scott, I am as old as I am... can change many things but not my age. What is your advice?
Of course buy my property courses lol.
How are you going to get the 150,000 for a flip. A 150 k would just about buy me a 1 bedroom flat where I am.
I notice you overlook capital gains tax. Solicitor fees etc.
I need you next to me 😂
Total nonsense. How many people do you know who have a house mortgage free £300k an average wage of 35k plus savings of 39k. What an absolute tool.
Con artists.
@susannah Ringwood ThankYou for thenvideo I have made a flip continueing ii am not sure.
@susannah ringwood thank you for some investing