The bit dusty part killed me. Just shows the realism in your videos bro. Keep it up. Next year I'll have enough saved to hopefully get a mortgage to outright buy a property outside on London hopefully in essex or kent coz london is expensive so considering options. I just need to know good locations. Do you have any time bro for a fellow self taught upcoming property investor who's just been saving to eventually start?
Thank you mate haha and yea sure thing if you join our mastermind academy then you will get personal support from me It’s called The High Performance Academy You can Dm me on instagram for more info
Hi! Loving your content. Slowly but surely getting through your videos. Would love to potentially JV with you in the next 6 months or so. Out of interest how long did this project take? Cheers!
Can you explain how you got to your profit i.e. the lease was more from the Social housing provider so what costs do you pay for? Also which lender and terms to do you get for the Social housing lease
Hi mate So total income per month is £1680 The mortgage costs per month are £350 And insurance is £80 per month So total monthly profit = £1250 The lease provider cover all the bills
Hi mate bills & council tax are covered by the lease provider as I stated in the video, the only costs to me are my insurance and monthly mortgage payment
Do you have to use HMO mortgage for 4 bed house? Also can you get HMO mortgage with 1 year being a landlord. Thanks for the awesome video man, you gained a new subscriber!
And yes you should be able to get a mortgage for hmo with little experience, however if you can’t then I would recommend teaming up with someone that has experience then you deffo can
Hi I live in Birmingham with my daughter I'm renting private bin here two years now my landlord is kicking us out as I was attacked an I suffered from mental health and I have my dog who I have had for 13 years I'm scarred we are gonna be homeless I just want some where to live for me and my daughter I want a home I don't want to move around us there anyway U can help with any properties in harbourne to be by my family cus of my dog my landlord wants me out please bab can you help me and my daughter rent somewhere Hb will pay £640 for us a month pls can you help us Bab xxxx
It is acceptable housing. It’s all brand new, fresh and up to regulations. How more safe can you be. I lived with 3 other people before in a house. Spent most my time at work, but it did the job for a couple years until I saved up enough and moved out into my new home with my partner and soon to have our first child. I paid £250 a month than £650 a month if I lived on my own. Everyone circumstances are different. £450 for that bedroom and fresh amenities I would pay that. I paid £250 for a ran down property. These HMO would help quite a few young adults to get onto the property ladder themselves.
It’s bloody free for them for ….. sake. It’s paradise. Like a massive portion of the world I come from a place that if you don’t sort it out yourself you’re fkd! Anyone in real’ need of social housing would be grateful. You Denise do not appreciate what you have….don’t deny it to yourself … you have proved it already
I love it that youre giving the numbers. Thats whats an important of this business and missing on so many channels. Thanks man.
My pleasure!
The bit dusty part killed me. Just shows the realism in your videos bro. Keep it up. Next year I'll have enough saved to hopefully get a mortgage to outright buy a property outside on London hopefully in essex or kent coz london is expensive so considering options. I just need to know good locations. Do you have any time bro for a fellow self taught upcoming property investor who's just been saving to eventually start?
Thank you mate haha and yea sure thing if you join our mastermind academy then you will get personal support from me
It’s called The High Performance Academy
You can Dm me on instagram for more info
Well done. Definitely an inspiration as i want to purchase HMO
Thank you 🙏🏻
Hi! Loving your content. Slowly but surely getting through your videos. Would love to potentially JV with you in the next 6 months or so. Out of interest how long did this project take? Cheers!
Hi mate please drop me an email with your name and phone number on and I can call you, LNCapital@outlook.com
And it took around 3 months to refurb..
Love the videos. How did you get the planning permission? Most of Nottingham in article 4
Can you explain how you got to your profit i.e. the lease was more from the Social housing provider so what costs do you pay for? Also which lender and terms to do you get for the Social housing lease
Hi mate
So total income per month is £1680
The mortgage costs per month are £350
And insurance is £80 per month
So total monthly profit = £1250
The lease provider cover all the bills
Great video. Do use specific contractor or do you find individual trades people?
Nice project! Do you mind sharing which furniture company you used? 🤗
Pivot furniture
Great video Luigi, really interesting from someone who invests in the South. Can I ask how much money typically would an investor leave in the deal?
Great deal on this, what planning permission is required to convert a 3 bed house into a 4 bed HMO?
Great video!
Really appreciate your videos and the details.
Can you please help me to understand better how Social housing work?
Cheers mate.
Hi, do you need an HMO licence to do this, or is licence a housing provider's responsibility?
Hi mate provider apply on your behalf but depends on the provider
What did you end up refinancing for ?
Great 👍
Thank you mate
What do you do to put the places on the market for people to rent them?
Hi mate this one is going to a housing provider that lease the property from me
Did you have any cost of finance?
Hi mate purchase this one on a btl mortgage so I factored it into the £5,000 legal fees
Are you able to tell us what the monthly costs are and how did you profit £1250. You paying bills , mortgage , council tax ??
Hi mate bills & council tax are covered by the lease provider as I stated in the video, the only costs to me are my insurance and monthly mortgage payment
@@LNCapital thanks bro , to be honest o just clicked on one of you other videos and you explained it all on there 👍🏾
lol how small is that kitchen
Do you have to use HMO mortgage for 4 bed house? Also can you get HMO mortgage with 1 year being a landlord. Thanks for the awesome video man, you gained a new subscriber!
Hi mate yes I use a lender that knows exactly what I am planning to do, so the lender accepts social housing and they accept 4 bed HMOs
And yes you should be able to get a mortgage for hmo with little experience, however if you can’t then I would recommend teaming up with someone that has experience then you deffo can
Thx bro
So you took away a small family home to make way for your profit churner. Sure the neighbours will be thrilled. Councils need their heads checked.
yep
Hi I live in Birmingham with my daughter I'm renting private bin here two years now my landlord is kicking us out as I was attacked an I suffered from mental health and I have my dog who I have had for 13 years I'm scarred we are gonna be homeless I just want some where to live for me and my daughter I want a home I don't want to move around us there anyway U can help with any properties in harbourne to be by my family cus of my dog my landlord wants me out please bab can you help me and my daughter rent somewhere Hb will pay £640 for us a month pls can you help us Bab xxxx
That’s disgraceful that a council thinks that is acceptable housing. Prison cells are bigger.
It is acceptable housing. It’s all brand new, fresh and up to regulations. How more safe can you be. I lived with 3 other people before in a house. Spent most my time at work, but it did the job for a couple years until I saved up enough and moved out into my new home with my partner and soon to have our first child. I paid £250 a month than £650 a month if I lived on my own.
Everyone circumstances are different. £450 for that bedroom and fresh amenities I would pay that. I paid £250 for a ran down property. These HMO would help quite a few young adults to get onto the property ladder themselves.
It’s bloody free for them for ….. sake.
It’s paradise.
Like a massive portion of the world I come from a place that if you don’t sort it out yourself you’re fkd!
Anyone in real’ need of social housing would be grateful. You Denise do not appreciate what you have….don’t deny it to yourself … you have proved it already
We spent 10k for just kitchen fittings, how come 20k for whole house renovation 😮