0 to 1 Property = Financially Free (The Secret)
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- čas přidán 7. 08. 2024
- How one property could set you on your path to financial freedom. That one property is a commercial investment property. I hope to bust some myths that you may have had around commercial property investing.
🏢 Commercial Property Investing Waitlist - UpLevel 🏢
UpLevel your Property Portfolio with Commercial Property! Learn how to find, research, analyse, buy and manage Commercial Property to maximise your cash flow with the least amount of risk and lowest amount of aggravation to achieve financial freedom sooner.
👉 bit.ly/PIWuplevel
I break down how to find commercial properties at entry price levels, how a commercial property at the same price as a 1 bed flat buy to let spent instead on a commercial property could set you financially free a lot faster.
I show you how you can make massive savings on stamp duty with commercial property compared to the same buy to let property.
The potential costs for legal fees and the main negatives around commercial property investing in the uk.
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00:00 One Property Away
00:55 Bit About Me
01:35 Where Magic Happens
02:45 Commercial Property
06:32 The Deposit Myth
08:17 Cheap Stamp Duty
10:49 Financially Free
12:57 Best Commercial Types
15:43 Commercial Mortgages
17:32 Negatives
19:34 UpLevel
#commercialrealestate #commercialpropertyinvesting #propertyinvesting
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UpLevel your Property Portfolio with Commercial Property! Learn how to find, research, analyse, buy and manage Commercial Property to maximise your cash flow with the least amount of risk and lowest amount of aggravation to achieve financial freedom sooner.
👉 bit.ly/PIWuplevel
Absolute gold. Keep up the UK commercial investment information!
Thanks Jon.
Great content down to earth thank you so much for your message appreciated very much have a great day safe and sound
Excellent video Stephen. My only worry with commercial is finding a tenant? Take a shop on the high street? I always seem to find shops empty with no tenants. What do you think? That would be my only worry investing in commercial vs resi. Cheers
With retail it all about location if you want to rent it out. For example what are you sending in your local high street? Probably vacancies but are they getting rented in a reasonable time. That would be 3 to 6 months. If things are taking longer then that location may not be suitable for most retailers. But I’m seeing lots being rented now but to service based industries.
Really loving your videos mate, thanks for sharing your knowledge
Thanks for the kind words
Man you are good in explaining things. I actually learned a lot from you. Thanks for all the effort in making the videos!
Thanks. It’s great to hear that
Great video. I’m 24 and wanting to get into property and you are the best channel I have found so far. Thank you for the content 👌🏻
Thanks I appreciate that.
Yet again Action packed must watch content as usual...
Need to fine tune my strategy which this video been helpful...
Can we have a chat Stephen..?
Sure reach out to me on my email address in the about section on my channel.
Really enjoy your channel mate, I'm stuck in I.T so I can relate
Thanks it’s great to hear you enjoy it. Your job hopefully pays well so you can save up those deposit monies…😀
@@StephenDuncombetv Pot not too bad as flipped a small flat which wasn't too stressful but then done a three story house flip that nearly killed me up and down the stairs. Did as much as I could myself to save money. After that, thought to myself there has to be easier ways in property than this lol. Your videos have caught my eye as you definitely do it smarter mate. Commercial seems to be a great option if you find the right property so I appreciate the education.
Thanks Stephen your content on commercial is so useful! I've sat on the fence with residential for a while and because of legislation changes and listening to James Sinclair and yourself, commercial is way more appealing. I just want to park some IT money in property. But am I really going to have to pick up a vanilla resi btl first in order to qualify for a commercial mortgage?
It's harder to get a commercial mortgage with no experience. You could still do it but I know this is a key question you'll be asked so you may need to kiss a lot of frogs until you find a broker who can help you out.
Been waiting for new content 👌
Yeah it’s been a long time coming this one!
@@StephenDuncombetv im trying to put a deal together this very week, but i cant make it happen as all of my capital is tied up. Its an agri to industrial development which i have a track record and proffesionally i can do the full development in house through my main business AND the numbers are great so you can imagine my frustration! But i keep watching guys like yourself who generously teach for free and i will get there. Its much appreciated
You’ll get there. Keep going.
@@StephenDuncombetv 100% ive learnt with property that you lose the deal of a lifetime and you are gutted then the next deal comes along and its always better. 👌
Hi Stephen
Really enjoying the videos so thanks. Are you happy to buy commercial property further away from where you live, considering that you shouldn’t need to visit the property very often if it’s on a full repairing lease?
Yes exactly. Just be mindful of the normal due diligence you need to do on the area from a tenant demand perspective.
Hi Stephen great video, one thing the example in Bournemouth isn’t the high street dying? If Toni & Guy finish wouldn’t it be a hard time re-letting the shop, I live in Bournemouth so know the area well I know it was probably just an example, thanks
Potentially but what did I say about high streets. They’re changing to service based. You cannot get your hair cut online. Toni and Guy have been there for many years. I think that’s more chance they will stay than move in the next 10 years. You also then have the opportunity to convert to residential good locations such as the example in Bournemouth if it did become empty. I also think that location is popular and you would find another tenant for it. Whether to the calibre of Toni and Guy would be the risk. I’m still bullish on high streets as I see vacant shops in my own high street getting re let in a reasonable time (6 months). But yes main high streets are changing probably not dying! But you are right to be cautious as it needs a certain amount of research into the area to know if the risk is acceptable or not.
Hey Stephen what are your thoughts on Car parks for commercial real estate? there doesn't seem to be a lot of content about them in the UK
Yeah I find car parks an interesting one. Lots you can potentially do with them. I’ll add that to my ideas list for a video.
I have 20k in my savings account. Is that enough to get into property?
Great video on commercial property, I've been an HMO landlord for 3 small sized properties for almost ten years and getting really tired of tenant issues, I'm seeking to invest in commercial offices but most of the searches are leaseholds, do you think it's necessary to find freeholds if I were to renovate the office? Also, is it possible to refinance after finding an tenant to pull out some equity like we do for residential properties and then invest that money in another project?
Yes you should buy freehold property. Yes you can refinance the same way you can with residential property.
Hi, what’s your thoughts about turning Greenbelt agricultural land into secure units, splitting them up and renting out per square foot. This is something I really want to do and I already have the tenants. I just don’t know how
If you already have the tenants it’s a no brainer assuming you’ve worked your numbers a accurately. The widget doesn’t matter as long as it makes money. Just ask yourself is the upside worth the downside risk? Get clear on the risks and ensure you’ve covered them all off.
Stephen - How would you go about adding value and refinancing etc? The main thing I like about Resi is the refinancing, it seems a lot easier to recycle cash..
Exactly the same with commercial but you go with a commercial broker. You can refinance commercial property!
@@StephenDuncombetv Is it a good strategy to find crappy comm properties, refurb and refinance?
It is absolutely brilliant .
I want to invest in commercial properties. Can you coach me ?
Sure - new training coming... UpLevel your Property Portfolio with Commercial Property! Learn how to find, research, analyse, buy and manage Commercial Property to maximise your cash flow with the least amount of risk and lowest amount of aggravation to achieve financial freedom sooner.
👉 bit.ly/PIWuplevel
Hi Stephen, I’m 20 yrs old with 40k saved in the bank and I’m really keen to get into property. What would you say would be the best route for me to start. BRR?
Hi Jay. Yes i would start with Brrr. Well done for saving up £40k at 20.
If you had £500k in cash would you divide that into 5 x £100k /30% deposits on 5 different commercial properties roughly £300k each , in one Ltd company?
Or
Use that £500k to buy a £2 million pound commercial property purchase if you can borrow that amount from a commercial mortgage lender?
Hi Richard. There’s no right answer really as it depends on your appetite for risk, the type of commercial property, tenant, location, mortgage rates, etc.