I never knew you could buy a property that’s going to auction, but before the auction starts. Also, how does one of out about properties that went to auction but never sold? Lastly, do you get a chance to get searches and survey done on a property that you are thinking about that’s up for auction?
i never actually thought about networking at auctions really makes sense. Going to the crash course in march at Birmingham cant wait and still awaiting my copy of buy low rent high coming through the post.
Can you do a rent to rent from a property that is up for auction? Will there be fees for the owner to pay if they take it off the auction to do the r2r?
Thank you for this advice. I'm considering a chalet bungalow conversion as house prices in my area are extortionate and auction seems to be an alternative.
Hi Samuel. I have 2 or 3 properties I'm keen on and are seeing at auction this month. At what point should I get a survey done? Should i do this on all 3?
@@shvlogs2261 I found one and put a 10k deposit down at the auction. Then covid 19 happened. Theyve given me an extension until now. Recently I've sorted my solicitor and found a bridging lender through a broker. Draft contracts have been exchanged. I havent had the survey yet but will do it shortly. I'm expecting a Mid July hand over date and I'm planning to remortgage it 6 months after that in January 2021. Mortgage rates should hopefully recover by then.
Hi samuel I plan on taking a trip to the uk just to take your crash course. I currently live in the United states and understand we have different rules, but how different. Will the information shown be helpful over seas, or are your courses strictly united kingdom.
Patrick Guynn Hey look forward to seeing you. Many, not all, of the lessons are universal and I’m sure it will be very worthwhile despite the examples being UK based. I’m sure you’ll get a lot from it as many overseas investors have.
Could you take a property developer or architect to a viewing to advise on what it may need to get the property renovated? I thought they may be able to give an idea of how much it will be to get the property from run down to finished standard.
Urgent: please Please any one can give me a good convinacy solicitor who can deal with purchase a property from auction. I bought a property 1 week ago and solicitor he just called me he is personal issue outside ul and have to leave and no longer deal with my case i am stuck now and need to finilise the purchase in 4 weeks now or loose my 10% deposit and extra fees. Need to finilise purchase before 15 jan 23
what a great peace of advise Samuel!. You are doing a great deed by spreading this knowledge..
Many unmortgagable non standard constructions at auctions.
The true winner of an auction has to be the auctioneer
I never knew you could buy a property that’s going to auction, but before the auction starts. Also, how does one of out about properties that went to auction but never sold?
Lastly, do you get a chance to get searches and survey done on a property that you are thinking about that’s up for auction?
Do we need a solicitor when going to an auction ?
yes
Not with you on the day.
i never actually thought about networking at auctions really makes sense. Going to the crash course in march at Birmingham cant wait and still awaiting my copy of buy low rent high coming through the post.
you're right there.. times I've left an auction with nothing...
if you buy off market do you have to pay the auction fee
On average... How much above guide price would you say a property sells for? I've seen a 2 bed terrace property with a guide price of £15,000
The guide price is marked low to entice interested parties.
Is there no limit to how low they can put it ?
Great video mate. Thx
That advice on finding buyers at auctions is such a great idea! Why have not I thought of that...?
Thank you Samuel for this information.
The biggest tip is to watch plenty of episodes of Homes Under The Hammer
Nah. They don't cover the disasters and people getting their finders burnt
Do you have any trustworthy surveyor can recommend for stoke on Trent?
So much common sense in this short video..great.
Can you do a rent to rent from a property that is up for auction? Will there be fees for the owner to pay if they take it off the auction to do the r2r?
Can you recommend a deal sourcer?
thanks for posting another good video samuel leeds
Thank you for this advice. I'm considering a chalet bungalow conversion as house prices in my area are extortionate and auction seems to be an alternative.
Thanks for your advice
Hi Samuel. I have 2 or 3 properties I'm keen on and are seeing at auction this month. At what point should I get a survey done? Should i do this on all 3?
What did you do?
@@shvlogs2261 I found one and put a 10k deposit down at the auction. Then covid 19 happened. Theyve given me an extension until now. Recently I've sorted my solicitor and found a bridging lender through a broker. Draft contracts have been exchanged. I havent had the survey yet but will do it shortly. I'm expecting a Mid July hand over date and I'm planning to remortgage it 6 months after that in January 2021. Mortgage rates should hopefully recover by then.
Thanks for this
Thanks this is very helpful
Hi samuel I plan on taking a trip to the uk just to take your crash course. I currently live in the United states and understand we have different rules, but how different. Will the information shown be helpful over seas, or are your courses strictly united kingdom.
Patrick Guynn Hey look forward to seeing you. Many, not all, of the lessons are universal and I’m sure it will be very worthwhile despite the examples being UK based.
I’m sure you’ll get a lot from it as many overseas investors have.
You are a king Samuel :)
Very wise advice. Thanks
38k subs! Wow!! Last time I checked you were on 15k
Congrats on 40k samuel.
Thank you so much
Could you take a property developer or architect to a viewing to advise on what it may need to get the property renovated? I thought they may be able to give an idea of how much it will be to get the property from run down to finished standard.
You should have a rough idea.
Really good stuff
Pls send me the book
I think I will give auctions a miss!
is a home report the same as a survey??
No
Is the crash course coming to London any time soon?
Zoraiz Habib Bakht
Yes we just had a London Crash Course and more coming soon. Next one available is Birmingham - www.property-Investors.co.uk
@@SamuelLeeds thanks!
Urgent: please Please any one can give me a good convinacy solicitor who can deal with purchase a property from auction. I bought a property 1 week ago and solicitor he just called me he is personal issue outside ul and have to leave and no longer deal with my case i am stuck now and need to finilise the purchase in 4 weeks now or loose my 10% deposit and extra fees. Need to finilise purchase before 15 jan 23
I will be at your crash course in Peterborough, see you there. :)
Toby Herbert see you there mate
can't wait for the crash course in Peterborough!
Tarantino
Hey Samuel... Do you have a email I can messages you through?
Myron Fernandes
info@samuelleeds.com
Hi, I'm elven
Manic when accidentally watched on 1.25 speed (cos' the last video agent waffled) but golden information.
Very informative and great advice for newby property developers #FFChallenge #PastorGarethLavell #GarethLavell #GodsAmazingGrace
❤
👍