FREE Commercial Property Training This Sunday. Learn how to exploit UK permitted development rules and profit from re-purposing defunct commercial property. Register for your FREE place on this 90 minute live training session with Ranjan www.property-workshop.com
This is great, I am looking to own 2 house by the end of the year as I have reached 65% of my $350k goal for the year investing in ETFs and index funds in the stock market. I work with an Executive trade expert for this so it is a lot easier.
I would love to get into the stocks aspect, putting aside a percentage of my pay to get into investing but barely know anything on it, would be nice to talk to an expert.
Look up Eddy Bruke on your browser or reach Connecteddybruke@gma!l, to get guided to a solid financial statement... Came across him through a mention the met at a lecture on averaging and actuarial analysis.
Ranjan, your insights are always on point! I appreciate the clarity you bring to complex property market trends. Looking forward to more Q&A sessions like this.
So ..................... I thought, "I've seen this one before; I won't watch it again". But I did, and still I learnt (or at least was reminded) of something. As always ........... Thank You !!!
If I see a commercial mixed use property with an already great existing rental income of say £62k per annum. They want £600k for it. If you don't have the 25% deposit, would you ever consider trying to get a mortgage of £1100000 or £825k at 25% deposit? That way I could basically buy the property with a 10% deposit at auction then refinance and use the profit on top of the £540k I owe to the bridge lender as the deposit for the commercial mortgage. As the rates are low and cost only £1600 per month with a good profit per month of £3500 per month. The only downside that I could see is that i would have to sell it at £825k if i ever wanted to sell it but then the bank would give me back £275k. I saw a mortgage that was 5 year fixed at £1600 per month at then £2100 for the rest of the term interest only. Another downside is that I would be left with my original £60k left in. Does that sound like a bad deal? It is just raising the large 25% deposits for these high earning commercial properties that is a real challenge. Am I trying to start with something too big? Sorry for such a long question.
Hi Ranjan, I'm a new viewer of your channel and I am finding your knowledge really useful. Thank you for educating us with your experience. My question is, I have invested in a 3rd floor 2 bedroom 2 bathroom unit of a new skyscraper in the city centre of Manchester. Are there any dangers of investing in a lower floor unit? What are your thoughts about unit level choice for skyscraper investing? I hope you see this question!
Hi Ranjan started following you recently and love your advice. Based in Edinburgh Scotland where there is big boom of property prices. We own a mortgage on) New built house (4th year) 3 bedroom (2.5 - 1 room is used as my home office) we need to upgrade to bigger house due to recent additonal + also good school catchment but most property goes 12-15% above hoke valuation. Scotland has v high additional dwelling tax on 2nd property (buy to let) ...Looking to climb Property ladder, how to mix Property Investment with moving into bigger house ?
Your answer to question 1, is to buy now, anticipating the value to drop. Surely the smart money would hold fire and wait for a better value opportunity in 2/3 yrs time
Love your videos my friend You are the og of property Coming from a online marketing background I would advise you that 2 call to actions back to back about ur webinar isn’t good. It’s better if you mention It one time every 3 videos It’s a jab jab hook approach 🙏
If you look historically in 2008 the crash the property prices in London still went up there was not a significant dip. What has changed this time round? Still tax payers funding first time buyers. Planning still going through for those willing to give backhanders, and low low interest rates. Only issue so far is hmo where some have struggled to fill them with quality tenants as in those cash in hand jobs have dried up and those migrants have gone back. So leaving them vacant. Greater London family homes still hugely in demand 3 bed with garden types. These are second hand properties. As for new builds it’s difficult to put a value on it as such until it gets sold so banks or mortgage lenders have issue valuing it too. Lots of money coming in from Hong Kong and China etc to buy the Asians can sell one property in Hong Kong buy three properties in Kent put it up for rent. Also a lot of Asians buy property for their children to occupy during their studies not sure how that will be affected due to covid.
HMRC no longer allow residential mortgage interest payments as an expence. Is it possible to use the unclaimed interest expenses, and offset them to reduce capital gains tax when the property is sold ? Also, I assume that SDLT charges and solicitors fees incurred at the start of the house purchase, can be claimed against CGT when the property is sold ?
To add floors on residential, is it just converting the loft, or actually building a floor on top? How does that work in a resi area with all similar properties? Also, will foundations hold this up safely?
If you buy a property with two separate flats. Does that mean you have to pay extra stamp duty for owning 2 properties? Also, if you rent out more than 2 rooms, is it classed as an HMO even if you live there. The reason I ask is I want to do something like this. I'm even considering having 2 lodgers and living in a campervan because I don't want to share the same space, but maximize profit but with reduced income/landlord taxes. Thanks.
I love your videos Ranjan...I came to one of your events and met you at Baker Street once (I work at the BBC, so it's just round the corner). I am in a position where I am considering selling two properties in Hull at the moment (they are good yielding albeit quite low market and the capital growth isn't brilliant - although if I sold now, they would go for a decent price). I am interested in buying slightly upmarket with a better yield/capital growth balance. Do you have a view on this? (I am also interested in learning more about commercial to residential conversions - but that feels mammoth for me at the moment).
Amazing content! Thank you very much! Could you please give us your view on BRRR? There is a lot of buzz on the topic and fake get rich quick schemes. As someone we know we can trust, it would be very enlightening to hear your opinion on the topic to help us understand the reality of this strategy. Thanks!
George Hirchert I like to invest property buy rent out and need system need good accountant Solictor mortgage brokers Would like you mentor to me Let me know how much will be cost Thank you reply back to me
If I have 200k in the bank am I better off buying a 300k house with a very short mortgage duration or do I take out a 30 year mortgage and do minimum payments and accumulated my salary from my job again? I'm 35 and single and renting a room costing 450pm in the UK because its cheaper to rent a room than to run a house.
Hi, thanks for sharing us valuable advice. I am going to buy my first Mortage and I m 37 yrs old and I m looking to buy a house worth £500000 and which area in London would you suggest to buy a house. I own a restaurant near to Paddington. Wembley would be right place to buy a house as I wanted to partly rent and live in with my family. How is scope of house market in upcoming years? Please advise. Or what area would you recommend in Brent council to buy and why please share your experience. Thanks
When I'm looking for commercial property, listings are so unclear as to what they're selling - the business, the lease, the leasehold, the freehold ...?????
I think its looking ok for properties up north, there may be a hit but long term investors should be ok. I hv invested in Manchester but my investment is for min of 8 years. Now im looking for the next 👍🏼
Im 40. I don't have a job or regular income at the moment but 60k cash with an excellent credit score. How can I get a mortgage without having a regular income. Please give me some advice. Many thanks
Hi, I run a care business which goes side by side with buying property to expand. Hence, I have started to have a keen interest into the property business. All this is new to me and need someone to guide me with this. Moreover, I am looking for investors to finance my business expansion. Regards Vik
Will we have a situation in 2021 that banks criteria for lending will be harder and then any dip that does occur many people won't be able to take advantage of it because borrowing is harder ?
What does your crystal ball say about a family home in south london suburbs. I have about 15% deposit and want to buy a new family home, I have already rented my family home out and moved out to a rent free place waiting for 10-15% drop which my budget of 500-550 for a new family home. If I can make my deposit 20% by 6 months do you think the house I am looking at which are now 600-650 will be more in my budget?
How about if I will buy commercial property and I want to conversion in to Residential but I need to pay the VAT when I would purchase does it still be good?thank you
Hi ranj me spouse owns a property producing 900 pounds a month ( privately owned ) She has no other income . Does she need to declare to HMRC and if so how thanks .
If I rent out my house I've lived in for 5 years then I sell it at some point in the future am I still except from the capital gain tax and can this be done many times
Hi, Rajan is it possible to buy a commercial property and convert it into residential for the owner/freeholder to live in and covert some of the spaces into flats to generate rental income?
Commercial property for passive income. Needs a little skill/knowledge to know what to look for and got to find them >> www.succeedinproperty.com/workshop
I have a question I have over 100k saved and would like to get a family house, should I split it and get 2 one for me and one to rent ? I did a credit score the other day and It was not the best as at the moment i live overseas. I was a builder for many years so happy to get a "do'er- up'per" I watched one of your vids a while a go and you said something about setting up a LTD and loaning the money to your bossiness and then you will get it back with invest.
@@amaliatrader3141 crypto is untrusted in my opinion, stock market is gunna go south as we are about to be in a global ressesion. I wan to invest into a house. Or a couple. Just as I've not been in the UK in a while think my credit score will be crappy to get a mortgage but tbh prob got enough to get one cash, and I was a builder back in the day so can make it look good and sell it or rent it. Do most of the work myself save some pennies on that.
Thank you for your great videos Im 35 have one BTL with roi of 35% I have my residential mortgage in city centre in Liverpool what is great for Airbnb Q1 is it good idea to transfer my residential mortgage to new property and make my residential to BTL for airbnb ? Or is there any way to live in my residential and rent one of the room for airbnb? Thank you
Hi filip, how did you get a BTL with a roi of 35%,? That’s amazing 😲 im just starting out and can’t find any BTL deals over 15%, Did you BRRRR?, how did you get it ?
Hi Ranjan, great videos. I have a question. I run a restaurant on a lease and would like to buy the freehold. Dont really have the deposit. What are my options?
Property market is a house of cards. Ready to collapse. We are seeing draconian lockdowns all over the globe and thus is set to continue for years. In Australia 97% of people are struggling to pay rent and mortgages. In New York 72% of apartments are vacant and 53% of commercial property is vacant. Does this sound like a good time to invest in any property. The party is over. We enjoyed 4 decades of globalisation. From 1980 to 2020 markets boomed. The globalisation model is dead. Airlines are bust. Tourism is dissapearing. High Street shops are going bankrupt every week. In America 48% of people are unemployed and 20 million households are facing eviction this year. In Australia 38% unemployed and property prices have dropped by 50% in some areas. And in the UK, mass unemployment is just around the corner. Which will devastate the property markets. Ray Dalio has warned that we are facing a lost decade. So is this a good time to buy property? I don't think so.
FREE Commercial Property Training This Sunday. Learn how to exploit UK permitted development rules and profit from re-purposing defunct commercial property. Register for your FREE place on this 90 minute live training session with Ranjan www.property-workshop.com
V
Ranjan is the real MVP for putting time stamps on the questions👍
This is great, I am looking to own 2 house by the end of the year as I have reached 65% of my $350k goal for the year investing in ETFs and index funds in the stock market. I work with an Executive trade expert for this so it is a lot easier.
I would love to get into the stocks aspect, putting aside a percentage of my pay to get into investing but barely know anything on it, would be nice to talk to an expert.
Look up Eddy Bruke on your browser
or reach Connecteddybruke@gma!l, to get guided to a solid financial statement...
Came across him through a mention the met at a lecture on averaging and actuarial analysis.
I looked up Mr Bruke and have commenced trades, he has quite an outstanding expertise
Ranjan, your insights are always on point! I appreciate the clarity you bring to complex property market trends. Looking forward to more Q&A sessions like this.
So .....................
I thought, "I've seen this one before; I won't watch it again".
But I did, and still I learnt (or at least was reminded) of something.
As always ...........
Thank You !!!
Janjan is very inspirational. We’re hooked please keep up the great info. Looking into our first holiday let thanks to you!!
If I see a commercial mixed use property with an already great existing rental income of say £62k per annum. They want £600k for it. If you don't have the 25% deposit, would you ever consider trying to get a mortgage of £1100000 or £825k at 25% deposit? That way I could basically buy the property with a 10% deposit at auction then refinance and use the profit on top of the £540k I owe to the bridge lender as the deposit for the commercial mortgage. As the rates are low and cost only £1600 per month with a good profit per month of £3500 per month. The only downside that I could see is that i would have to sell it at £825k if i ever wanted to sell it but then the bank would give me back £275k. I saw a mortgage that was 5 year fixed at £1600 per month at then £2100 for the rest of the term interest only. Another downside is that I would be left with my original £60k left in. Does that sound like a bad deal? It is just raising the large 25% deposits for these high earning commercial properties that is a real challenge. Am I trying to start with something too big? Sorry for such a long question.
Hi Ranjan, I'm a new viewer of your channel and I am finding your knowledge really useful. Thank you for educating us with your experience. My question is, I have invested in a 3rd floor 2 bedroom 2 bathroom unit of a new skyscraper in the city centre of Manchester. Are there any dangers of investing in a lower floor unit? What are your thoughts about unit level choice for skyscraper investing? I hope you see this question!
Where have you been all my life 👍👏
"They don't talk about... Hull"
Shhhhh! We don't even talk about.... *shivers*Hull.
Hi Ranjan started following you recently and love your advice. Based in Edinburgh Scotland where there is big boom of property prices. We own a mortgage on) New built house (4th year) 3 bedroom (2.5 - 1 room is used as my home office) we need to upgrade to bigger house due to recent additonal + also good school catchment but most property goes 12-15% above hoke valuation. Scotland has v high additional dwelling tax on 2nd property (buy to let) ...Looking to climb Property ladder, how to mix Property Investment with moving into bigger house ?
Good Luck Scotland has also very strict Air BnB rules..blame it to dictator NS
Where is the best place to look for commercial properties? Fantastic video
Attend the virtual conference on Sunday 👍🏼👍🏼
Your answer to question 1, is to buy now, anticipating the value to drop. Surely the smart money would hold fire and wait for a better value opportunity in 2/3 yrs time
Love your videos my friend
You are the og of property
Coming from a online marketing background I would advise you that 2 call to actions back to back about ur webinar isn’t good.
It’s better if you mention It one time every 3 videos
It’s a jab jab hook approach 🙏
Hi Ranjan, which areas and types of commercial property should we be looking at in the SE of England and within what price bracket?
If you look historically in 2008 the crash the property prices in London still went up there was not a significant dip. What has changed this time round? Still tax payers funding first time buyers. Planning still going through for those willing to give backhanders, and low low interest rates.
Only issue so far is hmo where some have struggled to fill them with quality tenants as in those cash in hand jobs have dried up and those migrants have gone back. So leaving them vacant.
Greater London family homes still hugely in demand 3 bed with garden types. These are second hand properties.
As for new builds it’s difficult to put a value on it as such until it gets sold so banks or mortgage lenders have issue valuing it too.
Lots of money coming in from Hong Kong and China etc to buy the Asians can sell one property in Hong Kong buy three properties in Kent put it up for rent. Also a lot of Asians buy property for their children to occupy during their studies not sure how that will be affected due to covid.
HMRC no longer allow residential mortgage interest payments as an expence. Is it possible to use the unclaimed interest expenses, and offset them to reduce capital gains tax when the property is sold ? Also, I assume that SDLT charges and solicitors fees incurred at the start of the house purchase, can be claimed against CGT when the property is sold ?
Awesome 👏 Rajan 👍
Hi, I have some amount of cash, but the problem is not knowing where to find a good deal. Can you please discuss this in your next video? Thanks.
To add floors on residential, is it just converting the loft, or actually building a floor on top? How does that work in a resi area with all similar properties? Also, will foundations hold this up safely?
If you buy a property with two separate flats. Does that mean you have to pay extra stamp duty for owning 2 properties? Also, if you rent out more than 2 rooms, is it classed as an HMO even if you live there. The reason I ask is I want to do something like this. I'm even considering having 2 lodgers and living in a campervan because I don't want to share the same space, but maximize profit but with reduced income/landlord taxes. Thanks.
I love your videos Ranjan...I came to one of your events and met you at Baker Street once (I work at the BBC, so it's just round the corner). I am in a position where I am considering selling two properties in Hull at the moment (they are good yielding albeit quite low market and the capital growth isn't brilliant - although if I sold now, they would go for a decent price). I am interested in buying slightly upmarket with a better yield/capital growth balance. Do you have a view on this? (I am also interested in learning more about commercial to residential conversions - but that feels mammoth for me at the moment).
Amazing content! Thank you very much!
Could you please give us your view on BRRR?
There is a lot of buzz on the topic and fake get rich quick schemes.
As someone we know we can trust, it would be very enlightening to hear your opinion on the topic to help us understand the reality of this strategy.
Thanks!
You rock - very useful and informative information- love ur videos. I will soon join your monthly meeting and looking forward to meet you
Thanks for sharing
Very interesting
You are very intelligent
George Hirchert I like to invest property buy rent out and need system need good accountant Solictor mortgage brokers
Would like you mentor to me
Let me know how much will be cost
Thank you reply back to me
Thanks Ranjan, I have been following your CZcams channel. This mini boom of prices in 2020 keeps going in 2021. Do you still foresee a market shift ?
What tips do you have in terms of identifying or recognising PD opportunities when inspecting a property?
You’ve something against Hull 😂😂😂but I agree with you
What areas of London should I be looking at to buy a shop with uppers for resi conversion for less than £250,000?
Thanks so much for this series Ranjan! Please how can I pay private school fees using funds from my property company?
What's the best strategy to invest £100k+ in property WITHOUT a mortgage? Thanks!
Hi Rajan, thanks for this video!
Where to find good property deals? Sourcing companies?
Don’t miss out Ranjan, the boom is travelling down the M62 corridor and will soon be in HULL, in about 37 years time! Lol
Hi it is really good for new comer
If I have 200k in the bank am I better off buying a 300k house with a very short mortgage duration or do I take out a 30 year mortgage and do minimum payments and accumulated my salary from my job again? I'm 35 and single and renting a room costing 450pm in the UK because its cheaper to rent a room than to run a house.
Hi, thanks for sharing us valuable advice. I am going to buy my first Mortage and I m 37 yrs old and I m looking to buy a house worth £500000 and which area in London would you suggest to buy a house. I own a restaurant near to Paddington. Wembley would be right place to buy a house as I wanted to partly rent and live in with my family.
How is scope of house market in upcoming years? Please advise.
Or what area would you recommend in Brent council to buy and why please share your experience. Thanks
Ranjan Hi streets are going bust all over can we buy a flat to live and maybe a shop later?
Hi Ranjan, just watched this video so missed the webinar - is it possible to watch it somewhere on 'catch-up' basis? Thanks
When I'm looking for commercial property, listings are so unclear as to what they're selling - the business, the lease, the leasehold, the freehold ...?????
You have to look for and download the brochure for the property. Alternatively call the estate agent and request they email you the brochure
@@jiffyjoe1 yes, thx, it's just putting in the hard graft isn't it. Gotta do it to get what you need: a deal to analyse.
Hi when world gurus are talking about a crash what happens when they stop printing money?
What’s your view on cities like Manchester that have a had a massive boom in apartments over the past few years, is there a bubble and will it burst?
I think its looking ok for properties up north, there may be a hit but long term investors should be ok. I hv invested in Manchester but my investment is for min of 8 years. Now im looking for the next 👍🏼
Hats the besT way to get the tenant,you or letting agent. ?
Im 40. I don't have a job or regular income at the moment but 60k cash with an excellent credit score. How can I get a mortgage without having a regular income. Please give me some advice. Many thanks
Hi, I run a care business which goes side by side with buying property to expand. Hence, I have started to have a keen interest into the property business. All this is new to me and need someone to guide me with this. Moreover, I am looking for investors to finance my business expansion.
Regards
Vik
Will we have a situation in 2021 that banks criteria for lending will be harder and then any dip that does occur many people won't be able to take advantage of it because borrowing is harder ?
What does your crystal ball say about a family home in south london suburbs. I have about 15% deposit and want to buy a new family home, I have already rented my family home out and moved out to a rent free place waiting for 10-15% drop which my budget of 500-550 for a new family home. If I can make my deposit 20% by 6 months do you think the house I am looking at which are now 600-650 will be more in my budget?
To do commercial to resi in London, do you need to own the freehold?
How about if I will buy commercial property and I want to conversion in to Residential but I need to pay the VAT when I would purchase does it still be good?thank you
Hi ranj me spouse owns a property producing 900 pounds a month ( privately owned )
She has no other income .
Does she need to declare to HMRC and if so how thanks .
Thank you dai
Would you try to get a tenant yourself or give it to an agent?
Can yo do a video on how to get 30k
If I rent out my house I've lived in for 5 years then I sell it at some point in the future am I still except from the capital gain tax and can this be done many times
Where can find good commercial deals?? Cheers
This guy is way too funny 😂
Hi, Rajan is it possible to buy a commercial property and convert it into residential for the owner/freeholder to live in and covert some of the spaces into flats to generate rental income?
Yes
I have a large amount to invest in property should I do it through limited company pls advise tks?
HOW TO DETERMINE GDV OF PROPERTY ONCE CONVERTED TO AN HMO
How can I find a good broker and a good accountant who deals in property
Hi I have £200k self employed want to buy through auction shel I through all my money in one property or remortgage my house I living in.
My wife and I are retired with £270 k we are both over 60 what do you suggest?
Commercial property for passive income. Needs a little skill/knowledge to know what to look for and got to find them >> www.succeedinproperty.com/workshop
I have a question I have over 100k saved and would like to get a family house, should I split it and get 2 one for me and one to rent ? I did a credit score the other day and It was not the best as at the moment i live overseas. I was a builder for many years so happy to get a "do'er- up'per" I watched one of your vids a while a go and you said something about setting up a LTD and loaning the money to your bossiness and then you will get it back with invest.
He's got a video on this with a mortgage broker guy - ltd company info. Have a look and good luck.
@@amaliatrader3141 from Hampshire, Surry, border when I lived in the UK but not lived in the UK for a few years.
@@amaliatrader3141 I now live in Asia as an English teacher
@@amaliatrader3141 nothing. I invest in my live to try and make it good and save what I can.
@@amaliatrader3141 crypto is untrusted in my opinion, stock market is gunna go south as we are about to be in a global ressesion. I wan to invest into a house. Or a couple. Just as I've not been in the UK in a while think my credit score will be crappy to get a mortgage but tbh prob got enough to get one cash, and I was a builder back in the day so can make it look good and sell it or rent it. Do most of the work myself save some pennies on that.
Thank you for your great videos
Im 35 have one BTL with roi of 35%
I have my residential mortgage in city centre in Liverpool what is great for Airbnb
Q1 is it good idea to transfer my residential mortgage to new property and make my residential to BTL for airbnb ?
Or is there any way to live in my residential and rent one of the room for airbnb?
Thank you
Hi filip, how did you get a BTL with a roi of 35%,?
That’s amazing 😲
im just starting out and can’t find any BTL deals over 15%,
Did you BRRRR?, how did you get it ?
How to get started with no money???
Hi Ranjan, great videos. I have a question. I run a restaurant on a lease and would like to buy the freehold. Dont really have the deposit. What are my options?
London is a different country
Property market is a house of cards. Ready to collapse. We are seeing draconian lockdowns all over the globe and thus is set to continue for years. In Australia 97% of people are struggling to pay rent and mortgages. In New York 72% of apartments are vacant and 53% of commercial property is vacant. Does this sound like a good time to invest in any property. The party is over. We enjoyed 4 decades of globalisation. From 1980 to 2020 markets boomed. The globalisation model is dead. Airlines are bust. Tourism is dissapearing. High Street shops are going bankrupt every week. In America 48% of people are unemployed and 20 million households are facing eviction this year. In Australia 38% unemployed and property prices have dropped by 50% in some areas. And in the UK, mass unemployment is just around the corner. Which will devastate the property markets. Ray Dalio has warned that we are facing a lost decade. So is this a good time to buy property?
I don't think so.
Hi chuck. Very interesting perspective,
What do you think is the best investments to make in the next few years ,
Gold, silver and crypto.