This Is How I Built My Property Portfolio
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- čas přidán 11. 07. 2024
- How did I get started in property and what I would do differently if I was starting again.
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im not far from avely im based in essex start following you +learning from you
Great, where do you live?
@@harveygrowthproperties ROMFORD ESSEX
Thanks Harvey, any online portals you can recommend. Thanks
Sure what online portals you after?
If money was not the issue would you invest in the south or North?
Enjoy good health, bring true happiness, bring peace to all, one must first discipline and control one's own mind. If a man can control his mind he can find the way to Enlightenment, and all wisdom and virtue will naturally come to him.
Although Aveley doesn't really cut it as far as transport is concerned (but I think buses pass thru it) nevertheless there are lots of houses, ex-council, which are usually a good buy and what is more people do live there! It is also (just) inside the M25 which actually makes it viable for a London commute (either Rainham or Grays stations). If you did buy there 10 years ago you probably would have seen some good growth return by now. S-o-S has some bad areas of course and you obviously didn't do your research !! Bad luck there. I looked to buy there at about the same time and for one reason or another I changed my mind and I'm glad I did now 🙂
I now live in the North East (a few miles away from Stockton) and that particular area has also some bad areas, just like any town. The better places to buy up here are outskirts of Durham and surrounds of Darlington. I am doing a refurb at present which I hope to flip but your Pyramid system is sound advice. Great video, will be looking out for your content again.
Happy New Year 🎄🥳
@@joline2730 Hi Jo Line as you say you live in North East near Stockton. Can you help me to find a HMO in the area of Thornaby university Blvd
Hi Harvey how money do you have to leave in on a BRRR after I refinance please
Really depends on how good you are at finding deals. I just refinanced a £77k purchase that got revalued at £105k and left just short of £8k… one of the guys I coached just left nothing in and got £10k on top(this is very uncommon), I just analysed one that would have left £17k in. So can really vary
So you don't have to leave a percentage in regardless like 25%
Iv invested 77k for a 800pcm net profit in the southeast the equivalent of two properties up north need some advice about hmo investment up north can you help pls 77k all in stamp etc