I was waiting for you both to break into a rendition of 'On the Sunny Side of the Street'. Maybe a follow up video with some (anonynimised) case studies. Ranjan could have been a university lecturer in another life, very clear description of the process.
@@karmictree3392 hi. Our next mastermind programme starts in October. We will be releasing details very shortly. If you want to find out more, Facebook message me your details.
I am interested in one of your courses. I am more than happy to pay etc. I have a small amount of money and have learnt so so much from your great content. Watched Samuel Leeds and to be honest a lot of his ideas are great but unrealistic and there is not enough information and specifics. Keep up the great content
@@spencercooper-thorn2624 Hi. thanks for your feedback. I run a commercial property weekend workshop. www.bakerstreetworkshop.com (this is where I see the real opportunity over the next few years.)
In which situation would a vendor contact a specific, potential buyer? 99.9% of us have to seek and reach out to sellers and often have some barrier in the way, agent, auctioneer etc.
Excellent question. Direct vendor negotiation techniques work best when you are dealing with off-market deals. There are ways of doing this even if an agent is involved, and will be subject of a future video
@@ranjanbhattacharya-succeed7617 thanks Ranjan, I look forward to it 👍 I may even seek you out at the next BS or PIP event if it doesnt come out by then. Great content as always, keep up the good work.
Property forums are full of the opinion that buying property below market value is legally risky as the vendor can unravel the purchase after it has completed on the grounds of exploitation and preying on the vulnerable. My argument would be the headline sale price couldn't have been the market value as it wouldn't still have been unsold.Have you heard of any completed deals being successfully challenged in courts ?
I am a cash buyer and looking to purchase property with a view to generating long term property rental. Ranjan, you have said that property rental may well be dead in the UK. I am looking for a 6% yield AFTER expenses and taxes as I do in South Africa. I have both residential and student accommodation outside of the UK. Please provide me with an email address to someone who can give advice on the same.
Hi @Gary Geddis if you would like to purchase property with 10 percent plus yields, I am sourcing a couple now. drop me a message or email on imanahmed349@gmail.com
Good video Ranjan keep it up! Me and my partner have about 60k to invest in property, been learning for months but yet I'm so overwhelmed and dont know where to start...
I don't agree with the 3rd criteria in this method! The simple fact is the property needs to be sold and it's how you can convince the vendor that you are the best buyer. It's all about negotiation skills, that's how you get a property below market value. You can't solve people's real life issues by purchasing their property. I agree with the other 4 stages but that one stage is something I find irrelevant in most cases. Great videos though.
Dear Ranjan, I found this video quite disturbing! Making money out of pains of others, taking advantage of people at their lowest points in life, and simply and indifferently hiding it under terms such as "problem solving" and "motivated sellers" doesn't sound like things to be proud of. We all have to remember that life has ups and downs, and one day any of us might become a "motivated seller"! I have watched so many of your videos and learnt a lot from your kind professional advice, and am really thankful for that. But this video of yours truly shocked me, as I hopefully will never wish to make money at a cost to anyone. Wish you all the best, Sam
Hi. I am afraid I don’t agree. The big banks are rotten. They will repossess and then add all their fees which will suck out any equity you may have had. Then u will be left with poor credit and won’t be able to borrow again. Most of the time, after adding banks costs and penalties, you will be left owing the bank money. The bank has 6 years to claim it from u. They wait till year 5, when u r probably back on your feet, and then pursue you for any shortfall plus costs. The stress of a this is immense. For people facing this scenario, me offering to buy the property below market value is a significantly better option. We will buy the property, pay off the bank, keep their credit file clean so that they can rebuild their life with a clean slate.
@@ranjanbhattacharya-succeed7617 I don't say you haven't bought properties at what turned out to be a good price, I just dispute that you got them at below market value.
Why not just call it How to negotiate the price of a property? This BMV concept is an immediate red flag to serious people trying to avoid meaningless terms used by property gurus in the UK. Americans would laugh their heads off at the concept. Next you'll be talking about JVs and no money down and lease options, no doubt...
A classic that I’ve watched over the years so many times:)
I was waiting for you both to break into a rendition of 'On the Sunny Side of the Street'. Maybe a follow up video with some (anonynimised) case studies. Ranjan could have been a university lecturer in another life, very clear description of the process.
Thank you Ranjan. Always something new to learn.
Great video with some great points
Do u like our hats? Let me know in the comments below
Yep. Ranjan, I'm interested in being mentored by you. I'm 25 and have managed to save around £70,000. What do I need to do to make this happen?
@@karmictree3392 hi. Our next mastermind programme starts in October. We will be releasing details very shortly. If you want to find out more, Facebook message me your details.
I am interested in one of your courses.
I am more than happy to pay etc.
I have a small amount of money and have learnt so so much from your great content.
Watched Samuel Leeds and to be honest a lot of his ideas are great but unrealistic and there is not enough information and specifics.
Keep up the great content
@@ranjanbhattacharya-succeed7617 hi I did this, but you didn't reply
@@spencercooper-thorn2624 Hi. thanks for your feedback. I run a commercial property weekend workshop. www.bakerstreetworkshop.com (this is where I see the real opportunity over the next few years.)
Hey Andrew, Rajan
What would be a decent BMV percentage to look for in a BMV property?
10%, 20% 30% off the market value
In which situation would a vendor contact a specific, potential buyer?
99.9% of us have to seek and reach out to sellers and often have some barrier in the way, agent, auctioneer etc.
Excellent question. Direct vendor negotiation techniques work best when you are dealing with off-market deals. There are ways of doing this even if an agent is involved, and will be subject of a future video
@@ranjanbhattacharya-succeed7617 thanks Ranjan, I look forward to it 👍
I may even seek you out at the next BS or PIP event if it doesnt come out by then. Great content as always, keep up the good work.
I'd like to see this video too - did you make it yet? 😊
Do you do offer verbal or written offer?
I see Diamond Dallas page has lost a lot of muscle...but glad to see he's doing well in Property
Property forums are full of the opinion that buying property below market value is legally risky as the vendor can unravel the purchase after it has completed on the grounds of exploitation and preying on the vulnerable. My argument would be the headline sale price couldn't have been the market value as it wouldn't still have been unsold.Have you heard of any completed deals being successfully challenged in courts ?
Very helpful video, feel like some new pennies dropped while watching 😊
Thanks ..Great video
I am a cash buyer and looking to purchase property with a view to generating long term property rental. Ranjan, you have said that property rental may well be dead in the UK. I am looking for a 6% yield AFTER expenses and taxes as I do in South Africa. I have both residential and student accommodation outside of the UK. Please provide me with an email address to someone who can give advice on the same.
Thanks for the question Gary. I have a video coming soon on how to achieve 6% net yield on buy to let in the UK. Will be uploaded soon!
Hi @Gary Geddis if you would like to purchase property with 10 percent plus yields, I am sourcing a couple now. drop me a message or email on imanahmed349@gmail.com
Useful 5 tips but the bonus one at the end is the best 😜. Will look to use that as I seem to come across less then motivated sellers 😬
Hi Ranjan what is the best way to contact you please.
succeedinproperty.com and select contact us page. Look forward to hearing from you.
Good video Ranjan keep it up!
Me and my partner have about 60k to invest in property, been learning for months but yet I'm so overwhelmed and dont know where to start...
useful tips.thanks.
Ranjan is in my left ear and Andrew is in my right ear, opposite from the video. Confusing!
I don't agree with the 3rd criteria in this method! The simple fact is the property needs to be sold and it's how you can convince the vendor that you are the best buyer. It's all about negotiation skills, that's how you get a property below market value. You can't solve people's real life issues by purchasing their property. I agree with the other 4 stages but that one stage is something I find irrelevant in most cases. Great videos though.
Dear Ranjan,
I found this video quite disturbing! Making money out of pains of others, taking advantage of people at their lowest points in life, and simply and indifferently hiding it under terms such as "problem solving" and "motivated sellers" doesn't sound like things to be proud of. We all have to remember that life has ups and downs, and one day any of us might become a "motivated seller"!
I have watched so many of your videos and learnt a lot from your kind professional advice, and am really thankful for that. But this video of yours truly shocked me, as I hopefully will never wish to make money at a cost to anyone.
Wish you all the best,
Sam
Hi. I am afraid I don’t agree. The big banks are rotten. They will repossess and then add all their fees which will suck out any equity you may have had. Then u will be left with poor credit and won’t be able to borrow again. Most of the time, after adding banks costs and penalties, you will be left owing the bank money. The bank has 6 years to claim it from u. They wait till year 5, when u r probably back on your feet, and then pursue you for any shortfall plus costs. The stress of a this is immense.
For people facing this scenario, me offering to buy the property below market value is a significantly better option. We will buy the property, pay off the bank, keep their credit file clean so that they can rebuild their life with a clean slate.
your left right audio is back to front so annoying hahaha
yes we noticed that. (Just learning all this youtube stuff. Trying to improve with each video!)
Basically a video on how to manipulate sellers😂
Basically stalk them bug that house and pretend to take the pain away to get money of the house and try not to get arrested in process what a joke !!
Oh, here we go, the below market value myth brigade... they always crop up... They're even wearing their silly hats this time.
No myth. Big is reality and people like me have built their property portfolios out of what u describe as a myth.
@@ranjanbhattacharya-succeed7617 I don't say you haven't bought properties at what turned out to be a good price, I just dispute that you got them at below market value.
Why not just call it How to negotiate the price of a property? This BMV concept is an immediate red flag to serious people trying to avoid meaningless terms used by property gurus in the UK. Americans would laugh their heads off at the concept. Next you'll be talking about JVs and no money down and lease options, no doubt...