Solocam S340 I would prefer Solocam S340 as it has lots of features like the enhanced dual-camera clarity and 360° coverage are impressive features that would definitely provide peace of mind for home security. The fact that it's solar-powered and easy to install makes it even more appealing.
Hey, you've won the cameras! Drop an email to my PA Ouma@ahmed-khan.com with your full name and address. It has to be a UK address - please let me know if that's not the case and I'll select another winner:)
What would be great is a video showing an renovation from start to end, really teach us what to look for, how much it costs and how to keep costs down.
Ali, you are doing good. Very impressed with your presentations which are simple to understand. Have bought many bmv properties just before 2008 in the Hampshire and surrounding areas. Just started selling one a year as daughters not keen on taking over the running of them. Stay blessed
Watching this property investment video was so enlightening! I learned a lot about it to grow my investments. Can't wait to apply these insights in my own journey to financial freedom! 🌟💼
Great video Ahmed, really like how you explained the concept of refinancing in basic terms. Had to re-watch the beginning of the video as you were talking so fast 😂
Great content with chance to win a camera🧡 SoloCam S340 looks fab with great features. I've been looking to find the most ideal solution to have a bit of peace of mind in taking projects away from my location and I think this one of them.
Thanks for the video. Just found your channel and watched a few of your videos. Could you kindly speak on early repayment fees when remortgaging please. Thanks eufy for the chance of winning the cameras 🙌
In order to remortgage ideally you would be buying in cash or with bringing finance that then allows you to mortgage the property after the work has been done to uplift the value
Another excellent video - thank you. I would just add: 1. Careful checks will be needed with the freeholder to ensure you can change the layout of the flat. 2. Leasehold properties can have quite a few hidden costs so a very thorough solicitor will be needed. 3. The rental margin only works with a limited company mortgage at the moment. 4. If you get all this right then this plan will work.
@@Peakprospr420number 3 refers to the fact that property owned in your own name doesn’t benefit from mortgage interest being tax deductible anymore. So if your mortgage was £500 and your rent was £1000 per month. You’d be taxed on the whole £1000 per month which could mean you’re making a loss. Whereas if you have a limited company mortgage you can still offset your mortgage against your tax bill. The business plan in this video will produce fairly small rental yields which might not work after tax if the property is in your own name rather than a company.
I've been trying to get started in real estate investment but I've been overwhelmed, especially after Asset Academy Ltd.,which I paid a substantial amount for training suddenly went into administration a couple of months after training began. You simplify all the steps on your channel and contents to the point where I know that AHMED-ucated and informed enough to make my move. I KHAN do it. Thanks mate. You're the real deal.
Hi Ahmed New sub here :) great content! I own an ex council flat in Aldagate. Im considering changing from one bed to two bed, like you suggested in you video. Problem is when I spoke to architect and council, they said changing kitchen to a bed room is not allowed. The proposed bedroom would be above and below the kitchen of the flats above/below. You seem to have done this in ex council flats... How did you get around this? Tx
Amazing video. I have a question on the ground rent etc that the building would charge on flats? Is it still worth it? Would the amount go up when you put another bedroom? Also who would you need permission from to add another bedroom?
Thanks for the video, you mentioned that there will be no agency fees as you ar managing it yourself. Once you are up to 10 properties I would imagine there is a fairly significant amount of management required. What do you think about the airbnb route?
Great vid. Do you always need leaseholder permission to make internal changes and if it has a short lease, do you have to wait 2 years to extend the lease?
You forgot to mention any tax you'd need to pay, especially rental income or capital gain tax. That £1 million you mentioned could quite easily be slashed in half after the government get their hands on it. Then you have the headache of depending on tenants to cover the mortgages costs, if you can't find someone, that mortgage comes right out your pocket. Imagine having 5 properties and 3 of those are unoccupied for several months. If the government plans and is able to build the 1.5 million affordable homes in the next 5 years, rental demand will drop. Nice video though, this has certainly got me thinking.
Great video! I'm confused how this work slightly. Three things. Are you suggesting to take a mortgage and then get a new mortgage after 6 months? I understand banks don't like this and its not a favourable move to continually do this. Secondly you'd have to put a 25% deposit down, so when you're property increases in value so will the deposit, so you'll always have money locked in a deposit. Thirdly, the bank will give you a debt for the 75% mortgage which you pay off each month. They wouldn't give you 75% of the property transferred into your acc. As an example if you find a property for 100k....you pay a deposit of 25k, they will lend you 75k. Let's say the property increases to 200k. The new bank after owning the property for 6 months will need a 50k deposit, they will give you a new mortgage of 150k. So you'll need another 25k with your original deposit of 25k to put down. So now the new bank loan of 150k will cover the old bank 75k ....so that 75k gets transferred into your account? Is that correct?
You need that first 25K deposit to buy the 100k house (the bank will lend you 75k). You then refurb the property and the value is now 200k, you can now get a new loan from the bank of up to 75% i.e. £150k. The bank will give you this in cash - this will pay off the old loan and you'll have some left over. Depending on how much your refurb costed you may have some money left in the deal or you could end up making money. There is no extra deposit you have to pay to the bank, the bank is lending you against the new value of the property, they have it as collateral.
Hey Ahmed I just wanted to ask if you can refinance while having a mortgage since during the purchase phase of your video you did not buy the flat outright
Ahmed, can you explain why you use bridging loans? If it was a mortgage refinanced after 6 months, it would be cheaper than a bridging loan. Of course, you wouldn't be a "cash buyer" as such, but that shouldn't cause too many issues other than timing.
How are you getting the kitchen and bathroom so ridiculously cheap? I feel it’s unrealistic . Where are you buying the products from and even the labour for the work is usually a couple thousand for installation of things alone
The property had storage heaters not radiators which are far more expensive, looking at £500 -800 each so that would’ve taken you over the 30k. Definitely helps to have building/ a trade knowledge.
Might have to do some self building to get down labour cost and realistically you are looking at remortgaging after every 3-5 years so it’s more likely a 12 year plan.
Formula seems simple, only putting that camera, alarm seems easy, conversion and keeping the cost down seems difficult for those who are new. Anyway, you are showing the way. Its for others to emulate.
This would have been easy 4-5 years agp before material and labour costs shot up, now it’s hard to know if you can do that renovation for 20k. At least in london it would easily cost 30-40k. No chance 10k unless doing it yourself.
Oh you cooked here I fear, serendipitously I just managed to save 33,000 in my second year of uni as a 21 year old and will be trying this. Would age play a factor in this?
![เปิดใจ "อาจารย์เบียร์ คนตื่นธรรม" อดีตเคยสุดทุกทาง ถ้าใช้หนี้หมดไปบวชแน่ l [Nickynachat]](http://i.ytimg.com/vi/IxeE0xVhy08/mqdefault.jpg)
Solocam S340
I would prefer Solocam S340 as it has lots of features like the enhanced dual-camera clarity and 360° coverage are impressive features that would definitely provide peace of mind for home security. The fact that it's solar-powered and easy to install makes it even more appealing.
Hey, you've won the cameras! Drop an email to my PA Ouma@ahmed-khan.com with your full name and address. It has to be a UK address - please let me know if that's not the case and I'll select another winner:)
@@ThatAhmedKhan thank you so much.
@@ThatAhmedKhan hello I have emailed you but haven’t got any response yet.
What would be great is a video showing an renovation from start to end, really teach us what to look for, how much it costs and how to keep costs down.
I’m a huge fan of your content. All I ask is to please upload more often because I find your content very helpful to my journey!
I've just started a refurb on a house purchased for £60,500! Thanks for the content. inspiring as always
give up
nearlg everyone fails this property game lol
Ali, you are doing good. Very impressed with your presentations which are simple to understand. Have bought many bmv properties just before 2008 in the Hampshire and surrounding areas. Just started selling one a year as daughters not keen on taking over the running of them. Stay blessed
how many do you have? Would you sell as a portfolio?
Watching this property investment video was so enlightening! I learned a lot about it to grow my investments. Can't wait to apply these insights in my own journey to financial freedom! 🌟💼
Great video Ahmed, really like how you explained the concept of refinancing in basic terms. Had to re-watch the beginning of the video as you were talking so fast 😂
I had to slow him down fr 😂
Great content with chance to win a camera🧡 SoloCam S340 looks fab with great features. I've been looking to find the most ideal solution to have a bit of peace of mind in taking projects away from my location and I think this one of them.
Thanks for the video. Just found your channel and watched a few of your videos. Could you kindly speak on early repayment fees when remortgaging please.
Thanks eufy for the chance of winning the cameras 🙌
In order to remortgage ideally you would be buying in cash or with bringing finance that then allows you to mortgage the property after the work has been done to uplift the value
Very clever idea with the cameras.never thought about it.would love to have one.thanks
The maths is solid but the difficult part is finding the reliable trades people. That can be real deal-breaker
Most of them do not even reply back! I have tried to get a joiner and eventually when I got one, his quote was mad!
Trades people is the easy bit, so easy to find great trades people you just need to ask the right questions and have at least a bit of knowledge...
Amazing Ahmed, right now I am doing a refurb of a BTL and will be running it as a Serviced Accommodation, looking forward to getting it going.
Very good video and one I’m exploring…would love a Solo s220 to monitor my property when I’m away on other viewings !
Another excellent video - thank you. I would just add:
1. Careful checks will be needed with the freeholder to ensure you can change the layout of the flat.
2. Leasehold properties can have quite a few hidden costs so a very thorough solicitor will be needed.
3. The rental margin only works with a limited company mortgage at the moment.
4. If you get all this right then this plan will work.
What does number 3 mean
@@Peakprospr420number 3 refers to the fact that property owned in your own name doesn’t benefit from mortgage interest being tax deductible anymore. So if your mortgage was £500 and your rent was £1000 per month. You’d be taxed on the whole £1000 per month which could mean you’re making a loss. Whereas if you have a limited company mortgage you can still offset your mortgage against your tax bill. The business plan in this video will produce fairly small rental yields which might not work after tax if the property is in your own name rather than a company.
@@mohammadcheema7375 thanks 🙏
I've been trying to get started in real estate investment but I've been overwhelmed, especially after Asset Academy Ltd.,which I paid a substantial amount for training suddenly went into administration a couple of months after training began.
You simplify all the steps on your channel and contents to the point where I know that AHMED-ucated and informed enough to make my move. I KHAN do it. Thanks mate. You're the real deal.
Love your videos brother so much value you give out!
Hey Amzy, how are you bro?
Hi Ahmed
New sub here :) great content!
I own an ex council flat in Aldagate. Im considering changing from one bed to two bed, like you suggested in you video. Problem is when I spoke to architect and council, they said changing kitchen to a bed room is not allowed. The proposed bedroom would be above and below the kitchen of the flats above/below. You seem to have done this in ex council flats... How did you get around this? Tx
The way you explain property business even a child could understand. Love it.
love the content. . I want to get into property development soon.
You smashed this 😁🙏
Great video! Do you find that this works well in all areas?
Assalamualikum brother, this was a great video. I'm inspired with your explanation and knowledge thanks.
Praise ro Israel
just started my home reno, would love the cameras
Great video, thanks!
Id love either camera 😁
Your content is always top notch bro keep up the hard work
Amazing video. I have a question on the ground rent etc that the building would charge on flats? Is it still worth it? Would the amount go up when you put another bedroom? Also who would you need permission from to add another bedroom?
Great video! Looking to start out first but to let. Thanks 👍🏼
Excellent video as always. What of lease status?
Great video! Was it easy to get permission from the freeholder to convert into 2 bedrooms? Thanks
Damn.. i been actually looking for camera like that for a minute now! Great vid
Did you get this under a BTL mortgage please? And for BRRR strategy do one get the properties under BTL mortgages please?
Thanks for the video, you mentioned that there will be no agency fees as you ar managing it yourself. Once you are up to 10 properties I would imagine there is a fairly significant amount of management required. What do you think about the airbnb route?
Also, you didn't put anything in about void periods
Great vid. Do you always need leaseholder permission to make internal changes and if it has a short lease, do you have to wait 2 years to extend the lease?
You forgot to mention any tax you'd need to pay, especially rental income or capital gain tax. That £1 million you mentioned could quite easily be slashed in half after the government get their hands on it. Then you have the headache of depending on tenants to cover the mortgages costs, if you can't find someone, that mortgage comes right out your pocket. Imagine having 5 properties and 3 of those are unoccupied for several months. If the government plans and is able to build the 1.5 million affordable homes in the next 5 years, rental demand will drop. Nice video though, this has certainly got me thinking.
Hi Ahmed, thanks for the video. Do you not have to ask permission from the freeholder to convert the flat to a 2-Bed?
I like the concept could you please explain more on next videos for newbie.
Like the to the point breakdown..subscribed!
What are the time scales ? Getting your money back etc ?
Great video!
I'm confused how this work slightly.
Three things. Are you suggesting to take a mortgage and then get a new mortgage after 6 months? I understand banks don't like this and its not a favourable move to continually do this. Secondly you'd have to put a 25% deposit down, so when you're property increases in value so will the deposit, so you'll always have money locked in a deposit. Thirdly, the bank will give you a debt for the 75% mortgage which you pay off each month. They wouldn't give you 75% of the property transferred into your acc.
As an example if you find a property for
100k....you pay a deposit of 25k, they will lend you 75k. Let's say the property increases to 200k. The new bank after owning the property for 6 months will need a 50k deposit, they will give you a new mortgage of 150k. So you'll need another 25k with your original deposit of 25k to put down. So now the new bank loan of 150k will cover the old bank 75k ....so that 75k gets transferred into your account? Is that correct?
You need that first 25K deposit to buy the 100k house (the bank will lend you 75k). You then refurb the property and the value is now 200k, you can now get a new loan from the bank of up to 75% i.e. £150k. The bank will give you this in cash - this will pay off the old loan and you'll have some left over. Depending on how much your refurb costed you may have some money left in the deal or you could end up making money. There is no extra deposit you have to pay to the bank, the bank is lending you against the new value of the property, they have it as collateral.
@@f8talfurycheers dude. I was stumped, but what you've said makes sense
You bring out the best content and you have great knowledge
I’m doing exactly this now btw. 85k purchase price. Hoping a 140-150k finish.
Very detailed video. Informative
How do you find reliable builders? They have a horrible reputation in the UK.
Second this!
i think this guy is great. I have learnt a lot. Nice guy. Thanks
Great content - camera please!
Can you do this in Australia? 1b to 2b unit, May be the regulation is different in Australia.
where can you get a kitchen for £1700 including appliances? great vid btw
Hey Ahmed I just wanted to ask if you can refinance while having a mortgage since during the purchase phase of your video you did not buy the flat outright
Do you have one person doing all of this or do you have multiple contractors. Renovating the property.
Would love these cameras for my upcoming project
You seems to make a good point but the problem is I have zero dollars or euros in my bank account. Can you fix that?
Ahmed, can you explain why you use bridging loans? If it was a mortgage refinanced after 6 months, it would be cheaper than a bridging loan.
Of course, you wouldn't be a "cash buyer" as such, but that shouldn't cause too many issues other than timing.
Great video - very interesting!
Really great video, always very informative thank you.
Great video. Lots of value. Thanks, Ahmed!
Can you please comment on the size(min dimensions)of a tv lounge we should go for to put a kitchen in?
How do you deal with standard size requirements when changing a 1bed to a 2bed? Do you get away with a 2bed that is less than 61sqm.
Hi Ahmed
What is the turn over time of whole process?
Great video! Ahmed always coming with a bangerrr
Very well thought out video. Thank you
how the solocam in the uk especislly during the winter months?
Excellent advice. I'm excited.
Hey I want the eufy camera please!
Fantastic content buddy, I could see you as friends
Another excellent video. Thanks for sharing
Can we create that second bedroom and make kitchen open plan on leasehold property or does it require freehold consent
Another banger of a video 💪🏽
How are you getting the kitchen and bathroom so ridiculously cheap? I feel it’s unrealistic . Where are you buying the products from and even the labour for the work is usually a couple thousand for installation of things alone
Another very informative watch. Thank you
How do you get workers on day rates ?
Great video. Thanks for sharing 😊
Love this channel 🔥
Love the cameras
Very helpful and informative video like always 🙌🏼👊🏼
The property had storage heaters not radiators which are far more expensive, looking at £500 -800 each so that would’ve taken you over the 30k. Definitely helps to have building/ a trade knowledge.
what about shared ownership? freehold? leasehold`?
Great video. Always informative
Great video, such valuable information.
Do the camera’s still work on the north side of a building?
Very useful video again, thanks for all the info
I have the same issue, my property is couple hours away.
Nice cameras
Brilliant. Thanks for sharing.
Does the first time buyer have to pay stamp duty if they are buying a buy to let property instead of residential property?
Amazing contents like always
i want the cameras!! please!
Love you mate, thanks for the videos!
Amazing content as usual
Might have to do some self building to get down labour cost and realistically you are looking at remortgaging after every 3-5 years so it’s more likely a 12 year plan.
Thise cameras look so useful
What about the tax you have to pay on the rental income?
New subscriber! Great video, but as others have said DYOD! Love the cameras! please pick me! lol
Do you buy with mortgage or you pay in full
Amazing content as always thank you 🙏
Another great video well produced and information that makes perfect sense. Cameras look great too 👍
Formula seems simple, only putting that camera, alarm seems easy, conversion and keeping the cost down seems difficult for those who are new. Anyway, you are showing the way. Its for others to emulate.
This would have been easy 4-5 years agp before material and labour costs shot up, now it’s hard to know if you can do that renovation for 20k. At least in london it would easily cost 30-40k. No chance 10k unless doing it yourself.
Great Channel ❤😊
Oh you cooked here I fear, serendipitously I just managed to save 33,000 in my second year of uni as a 21 year old and will be trying this. Would age play a factor in this?
I have the 30k just need the cameras please to get me started 😊
I’m looking to do something like this on a residential mortgage and flip it as it’s way more tax efficient