Buy To Let Property Number 20 | Part 2 - The Renovation | Buy To Let Advice For UK Landlords
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- Äas pĆidĂĄn 2. 04. 2023
- In this video buy to let property number 20 I walk you through part 2 - the renovation and give buy to let advice for UK landlords.
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In the new2property CZcams video series, you will be provided with buy to let advise and hints and tips for investors on all things related to property UK. If you are new to buy to let, an investor or landlord just getting into property and setting up a property buy to let business or just looking for some hints and tips for UK property investors this channel is for you. Its important to speak to UK estate agents and to get your estate agent questions nailed to ensure you are armed with the info you need. I offer some invaluable advise for property investors on how to invest in buy to let and break down the buy to let steps, you will also pick up some valuable landlord hints and tips. As a beginner property investor being coached by a buy to let expert and buy to let mentor will give you all you need to know on how to BTL. I am a one on one property coach who works with property investor UK and landlords guiding them through each and every step of the buy to let process. I help those new to property investing answer the questions why property invest and where to start buy to let and I also offer an online course How to Buy To Let buy to let which is a property investing for beginners guide.
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Great videos Dan. Really interesting and Iâm not even going to buy and rent out properties, just watching for entertainment. Can I ask where part 3 of this series is, I canât find it!!!
Yep, take the sheds away. My parents rental houses over the years we've had to remove the sheds as the tenants never told them about the leaks in them and they rotted away. Hard standings are left so the tenants can put their own up.
Thanks for watching and for dropping a comment James đ
PS, I will be signing up for your training program in a couple months time đ€
Great, Iâll very much look forward to welcoming you on the program.
100% agree on the shed Dan!
Hey Jamie,
Thanks for watching and for dropping a comment, we are in the minority it seems đ€ but I stick to my rational, no shed no hassleđ
Looking forward to part 3 đ€©
Hi Chris,
Thanks very much for watching and for taking the time to drop a comment.
Iâll start working on part three as soon as all costs have come in.
Itâll be an interesting one as interest rates continue to rise.
Thanks for watching me and for dropping a comment
WOW property #20 and here I am still dreaming of buying my #1 someday đą
Hi Rinchhen,
Youâll get there if you really want to.
Thanks for watching and for dropping a comment.
Donât give up, you can do it đ
đ
Great to hear from you Nabaz,
Thanks for the thumb đ
Took your advice regarding the extractor fan from one of your other renovating videos. Great stuff
These renovating video's are worth their weight in gold for new landlords
Hey Wicked Witch of the West, I really hope that your fan does the job.
Great content Dan, great information about those trickle fans. Im a new landlord and have just 2 propertys one of them has issues with mold. So hopefully those fans could really help. đ
Hi Tyron,
Thanks very much for watching and for taking the time to drop a comment.
I hope the fans help you, it took me way to long to realise I need them in all my properties.
Brilliant, whish you every success đ.
Hi GM
Thanks very much for watching and for taking the time to drop a comment.
Excellent video As always Dan, very informative and helpful. I agree with the shed and I generally remove anything that could cause future maintenance issues including burglar alarms and telephone/aerial extensions!
Another decorating tip I picked up from a pro was to submerge any brush used for oil based based paint in water! When you need to use days/weeks later, just brush onto newspaper to remove excess water and the oil based paint on the brush is good as beforeâŠ!
Quick question, do you replace the locks when you purchase a new property or have spares to rotate if needed?
Hey James,
Great to hear from you, I hope all is well.
Thatâs a great tip thanks very much.
I do change all the locks, I just have a tub full of barrels and I swap them over every time I acquire a new property or have a tenant turnover.
Thanks for watching and for dropping a comment.
can you do a video on your numbers for the whole portfolio now and the net income, I think that would be great for viewers to aspire to, congrats on property no 20! Love your videos
Hi young investor,
Thanks very much for watching and for taking h the time to drop a comment.
Iâll add your suggestion to my list.
Thanks very much đ
How old are you mate you seem to have so much knowledge
Hi Tom,
Thanks for watching and for dropping a comment I`m 43, I look much younger I know :-)
Great video.
How do you cost up your refurbishments?
Hi Si,
Thanks very much for watching and for taking the time to drop a comment. I simply estimate the costs from knowledge of works carried out previously. Sorry I canât be more specific.
Love following your videos over the last few months! Which vectaire fan do you use?
Hi Ram Keshwala,
Thanks very much for following my channel and for taking the time to drop a comment, I use the Vectaire elegance EL300 constant trickle fans.
@@new2property Thank you! Looking forward to watching more of your videos. They have vastly helped my wife and I, who are on our own BTL journey.
Hey Dan. Love all your videos and find them really useful. Was just wondering about your smoke alarms. Do you have to have fixed wired smoke alarms in your BTL properties. I see yours are standard battery smokes. Is that allowed or is there any rules around this.
Thanks
Hi Peter,
Thanks very much for watching and for dropping a comment.
In a standard BTL youâll need a smoke alarm on each floor and they can be battery operated.
I hope this helps
do the fire alarms not need to be connected to each other? great video, ive just bought my 3 property thanks to you and your book.
Hi Scott,
Thanks very much for watching and for taking the time to drop a comment.
A single let property does t require a fire alarm. You will need a smoke alarm on each floor and at the moment they can be battery operated.
I hope this helps
Hi Dan what is the make and model of the extractor fans you use please ? Thank you
Hi Rizwan
Thanks for watching and for taking the time to drop a comment.
I install Vectaire Elegance EL300 fans
I hope this helps
Hi Dan, Just watched the whole of the video, with interest, on how to choose a location etc and at the end, it promised a Deal Calculator but it was a bit too fast for me. Please can you re-advise the link here? Thanks
Hi sinamkhattak,
Thanks very much for watching and for taking the time to drop a comment.
You can request a copy of my deal calculator on the recourses page of my website www.New2property.co.uk
Thanks again for dropping a comment
@@new2property hi Dan, on the website it's ÂŁ20 and no option to request a free copy as advertised on the video I watched. Please advise.
Hi @@sinamKhattak can you let me know the video you are referring to and the time on the video where itâs advertised as free please?
Thanks very much
The video came to my email. And you said that if you watch to the end you'll get a free bonus. The video talked about how to locate a good BTL property and also talked about your ÂŁ500 property online course.
In my free 30 minute webinar I will help you learn how to simply and quickly analyse any Buy To Let investment property without spending thousands of pounds on training, getting overwhelmed or thinking âwhere do I even start?â
Were do you buy fans
Hi Mulasa,
Thanks very much for watching and for taking the time to drop a comment
The fans can be purchased from PamTies, drop Simon Dews a message, he will help you out
Simondews@pamties.co.uk
07702372226
I hope this heps
Any spare flooring in the loft this timeđ
đ not this time but the loft is nlw the first thing I do, always learning đ
Thanks for watching.
@@new2property also can you recommend a external key box this is a great tip save me running around handing out keys and remembering who has keys
@@seanmallard3118 this is the last one I purchased, my advise is to just make sure the one you get is metal rather than plastic: www.ebay.co.uk/itm/173734300093
Thanks for the advise looks like the screwfix one but half the price
@@seanmallard3118 itâs worth just remembering thatâs your insurance wonât cover a break in if they gain access with a key from the safe. Itâs worth putting it out of sight.
Can you just not put in the tenancy that you will not maintain the shed as a condition?
Hi FBA,
Thanks very much for watching and for dropping a comment.
I could do, however, when it rots and becomes a danger to the tenants in the future itâll be my responsibility to remove it.
With it gone itâs guaranteed Iâll have no issues with it to deal with.
Thanks again for watching and for dropping a comment.
Great renovation job, Dan. Two points that confuse me a bit though. You're obviuosly a very good general builder yourself and have trusted contractors on hand, so why didn't you box the ugly pipes in that are running down through the ceiling in the corner of the living room? That's a quick, cheap and easy job that would have left the living room looking 1,000,000 times better. Second point, is (of course) the shed. Low maintenance and very, very, very useful for the tenants. I agree that it's not a big "game changer" in terms of letting the property or the rental income, but it's just so useful for the tenants and in reality not a lot of trouble to keep standing for a savvy tradesman of your fine calibre. I really don't undertand why you want to remove sheds when they're in such good condition?
Hi Francis,
Itâs interesting you mention this, I had to go back and check what pipes your were talking about as I but a cover over the ones in the lounge near the window. Youâre right itâs missing, I didnât spot this when filming, Iâll have to have a chat with my carpet guy and plumber to see whoâs moved it, thanks.
A shed will have me return to the property at some stage, no shed wonât, itâs as simple as that, I donât have the time to maintain sheds thatâs are not required to let a property.
Thanks very much for watching and for dropping a comment.