kapzvproperty

[kapzvproperty]

TPP092: Our favourite things of 2014

-Good news scheme right to rent you have to check your tenant has the right to rent. Check their immigration status

-Philosophise this - Podcast

-Hears the thing - podcast

-Tim Ferrars Show - Podcast

-Pocket app - Really good to save articles

-Clipper App for Evernote - good for saving articles

-Trello App

-Slake App - Chat App

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[kapzvproperty]

TPP094: What to expect in 2015

-Goal-setting course

-Book is launching

-Property hub summit

-To open up a back catalogue

-Also creating money

-Magic of thinking big

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[kapzvproperty]

TPP095: The Magic Of Thinking Big

-Inspired by thinking big

-https://www.amazon.co.uk/Magic-Thinking-Big-David-Schwartz-ebook/dp/B01B2DJK6S/ref=sr_1_1?crid=54P7DJYQVQGZ&keywords=the+magic+of+thinking+big+by+david+schwartz&qid=1674603396&sprefix=thinking+big%2Caps%2C131&sr=8-1

-Donald Trump picked up on this. You might as well as you have to think

-Believe you will succeed and you will

-If you start to believe you can do it then the attitude will develop

-Your Amit's are like that negative and cant do it and just settles for anything association is so important

-Believe it will happen

-Think success dont think failure

-The size of your success is the size of your belief

-Important how you use your intelligence

-Don't under estimate your own intelligence

-Attitude is more important then intelligence

-How to communicate use words how you feel

-WE dont have problems but challenges

-Visualisation IS SO IMPORTANT

-How to think and dream creatively

-Listen more then you talk

-How to win friends and inflaunce people

-You are what you think you are

-Is your reading going to help you make you grow

-Would an important person worry about this

-Manage your environment go first class

-You are the average the people you hang out with

-Goals courses

-The way you think has an impact on your life

-Ray Dalio - How the economic machine works

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[kapzvproperty]

Ask388: Are things about to explode

Ask388: Are things about to explode

-18 Year property cycle

-Are giving 100% mortgage from some lender

-100% mortgage is not going to make a property boom

-100% Products out there also there has to be a guarantor for this king of product

-This can create a boom if there are other 100% mortgage that follow

-You could get a mortgage back then based on bad credit

-Would you buy a property that has a tenant that is not paying

-If you buy with a tenant then you step in form the landlord

-You can drive a bargain on this but check the tenancy agreement on this and set aside a fund for legal cost to get them out.  

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[kapzvproperty]

ASK428: How would you invest £50k PLUS can i make tenant maintain the Garden

-Talk about Strategy

-What is your time how much time do you have

-Time poor where should you invest

-Look for the areas that are great to live

-Places that are close to the city

-New build can be a gamble - Be careful

-Make sure the deposit is protected

-Be careful as if the developer goes bust you loose your deposit

-You can put it on the tenancy to maintain the Garden

[kapzvproperty]

Landlords: Is this the end?

-Rent reform bill has gone through final stage

-End no fault evication

-Remove no fault eviction

-New database

-Open ended from the start

-Rent increase can be challenged

-Tenant has done something

-Landlord can give a tenant notice to leave

-No Fault eviction

-Tenants must stay for 6 months

-Pets cannot be turned away

-No fault evication will end but not straight away

-Bill should be signed into law this year

-Summer 2025

-New tenancy will be protected

-Section 21 will not be reported straight away

-Labour can bring it in and change it straight away

-Getting rid of section 21 will put more pressure on court system

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[kapzvproperty]

Is Property Investing Still Worth It?

-Harry invested in property

-Tax complications

-Politicians have it in for landlords

-Complicated legislations to make it harder for landlords

-Does not look so good for Landlord

-Intrest rates are much higher

-Section 24 - Cannot get tax relif

-Is loosing money rather then making profit

-Rent has not come in

-Rent reform bill

-Sale the property

-Paying tax will be high if you sale

-Harry is unlucky as intrest rates high

-Buy in a company

-What you buy and where you buy

-Refrence check them

-Politicians have discouraged buying property 

-General election to come in.

-Is it still worth it

[kapzvproperty]

ASK427: Should i diversity between cities

ASK427: Should i diversity between cities

-Should i put it in once city or diversity

-Diversification

-Also change the style you are investing in

-Have to sale his house but don't have a tenancy

-Tenancy new Landlord takes over from previous Landlord

-Section 3 notice

[kapzvproperty]

TTP589 - Five areas of property is booming

-Five property areas where property is best for growth

-Angelia Ranier talking about the rental market - No-fault eviction, Legal protection for Mole. End of rental bidding wars

-Scarce resource housing supply is lower than the demand

-Best cities Sheffield, Manchester and Leeds

-65 towns and cities

-Belfast 08 crash

-Hasting is bottom of the charts down by 2%

-Sheffield is up and has not performed as well as it should

-Manchester is number 2

-Leeds is number 3

-Blackburn is the top performer

-Second is Burnley

-Bolton is 1.1% growth

-Manchers on the ripple effect

-Different Regen is going on

-Bolton a lot of money is pumped in their

-Darby 2 years on the podcast

-Starting to see capital growth in Darby

-You have a general geographical locations

-Wages is high in the wages

-Cost of living in Darby is lower

-Manchester is super strong

-Darby prices are super high

-Doncaster has the best for property rental

-Wigon and Greater Manchester and Rochdale

-Darby and Doncaster

-Common sense principles

-Ripple Effect

-Look at your numbers wope band

-Get blood work done

-Pay attention to numbers and get blood work done

-Get your health metrics checked

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[kapzvproperty]

Ask434: Is now the right time to seel this property

Ask434: Is now the right time to seel this property

-Sale the property at a higher price and invest in smaller Property to bring a cash flow

-London has been the worse in property growth in the last 5 years

-Dont wait around forever its worth it is worth

-Mortgage arragments fees do you get it paid of in one or add it to the loan.

-Paid a little interest rolled in.

-Nice having the cash

[kapzvproperty]

TTP588: June Market Update

TTP588: June Market Update

-Buy £100 Million of property for clients

-Build to rent

-House prices are up

-nationwide report

-Hometrack monthly report

-The market is coming back into alignment

-Take the last 3 months' figure

-London has found its celling

-London is interesting

-Build to rent market

-Labour government coming in what does it mean for Landlords

-Their manifesto has come out what does it say

-Will get rid of no-fault eviction

-Labour and Conservative will do no-fault eviction

-System called common hold

-Labour will win election

-Will their be changes

-It's not that radical

-Rent controls give authority power to control the rent

-Renters reform bill

-Does not matter who you vote for

-You make your success

-Make a difference

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[kapzvproperty]

Ask433: How do i value new build properties

Ask433: How do i value new build properties

-Will flats with Cladding have any issues

-New build properties are over valued

-Brand new property is not like for like

-New property will attract higher rent

-Property is worth what they pay for it

-Challenge is when it is off-plan

-Their should be comparable

-Easy to do city centres

-Establish a pricing

[kapzvproperty]

TTP587: How to avoid leasehold nightmares

TTP587: How to avoid leasehold nightmares

-You cannot write leasehold of

-40% of properties are Leasehold

-House prices are going down

-The market is finding its level

-So then transactions can go through

-Leasehold issues service charges up and cladding issues

-I want to extend the lease

-What does leasehold mean for you

-Lease is you own the land the property sits on and has a number of years. You have the right to extend the lease

-Leasehold vs Freehold

-Leashold you will see loads of flats

-Freehold will be a house

-Freehold you want to own the land and the property

-Flat your problem becomes someone elses problem

-Pay ground rent

-Would not pay out service charges or ground rent if you have a freehold

-No benefit to ground rent

-Property type

-Ground rent  you are paying rent for the ground

-They were quiet low

-2022 Ground rent has been abolished

-Ground rent is no more and was abolished in 2022

-Legal law will change how you will extend your lease

-990 years you can extend

-As soon as you take ownership of the property

-You are delivered a service for your service charges

-Maintenance of the building and the gardens

-Check who covers the insurance of the building some do service charges and some do insurance companies.

-Leasholders can form and association

-Right to manage

-Residents association

-Leaseholder advisor service - Free advice

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[kapzvproperty]

Ask431: Would you rent to someone with a CCJ

Ask431: Would you rent to someone with a CCJ

-Rent Gauranter

-Check with the rent guarantee company they will cover this

-No its a no with a tenant with a CCJ

-Rent Guarantee needs to be checked

-Set up a company the same day when you buy the property

[kapzvproperty]

TPP008: Beginners Guide To Property Investment

This is a beginners guide to property investment

-Rob B did a JV in Singapore work with overseas investors

-Rob D is in Bulgaria

-Property is a big investment and big deal

-Figures on GDP and we are not in a triple dip

-How the economy is grown and it is by different sectors

-Finance, Health, Retail, Property this makes up the economy

-1) Leverage - How to increase the size of your portfolio and how to increase the returns of your portfolio

-Lets say you have £100,000 and you put it in one property buy it cash. There is no mortgage and you rent it out and rent covers the cost.

-You can leverage it for example. You can buy 4 properties put £25k deposit down and you will have mortgage cost but the rent will cover the mortgage and the property will go up and rent will go up it is not very volatile like the stock market.

-Use the banks money as a mortgage. The returns might not be good but you own 4 properties. If the property goes up buy 25% then that is 100% return on your initial investment.

-Leverage is working out the numbers

-Yields and Net Yields

-Taking on a mortgage you can get a higher return long term then buying in cash on one property.

-There is a downside as at amplifies your gain and your losses

-What happens if the market goes down in 25% in years then you have lost out if you buy a property all cash.

-If you bought using a mortgage then you have lost 100% of your investment

-Its only a problem if you are forced to sale.

-Always have a buffer and ride it out until the market picks up again

-Do you invest where you live VS go further to get the better rent and yield

-Look at the numbers and see it stacks up

-Its a personal decision if your not buying close to home then you will have to get a management company in to help. Again research the management company.

-Rob B - You don't have to invest locally

-If you have a bank where you live and you save money there and there are only giving you a 2% return on your savings and in Scotland if you save your money there you get 10% return where would you save your money.

-Make sure you have your system right

-make sure you do plenty of research and you have your systems setup.

-If your property is in one area it is more of a higher risk VS having them spread over the UK.

-2) Get strategic set goals and timescales set a smart goal

-Specific

-Measurable

-Achievable

-Timed

-Put a plan together to work towards to it.

-Do you want a hands on or hands of approach

-Work out what is right for you and work on that strategy

-You need a strategy that fits in with your risk and where you want things to go and your mindset

3) Learn to know a deal when you see one

-Is this a good deal

-3 numbers to look at (gross yield, net yield, Return on Investment)

-The only way to do that is know your numbers

-Goss yield is: annual rent you get in/price of the property

-Its good on a rough level as you can see which one is giving you the highest yield and go from there.

-Net yield: All the expenses that come of the gross yield. You have to be realistic as this is important. If you miss calculate this then you will be paying out of your own pocket.

-Have a buffer in there especially if interest goes up.

-ROI - this is where leverage comes in

-Showing you the money you make each year and the money you put in.

-That can be higher then your net yield as you have borrowed a large proportion of the money you are using.

-ROI can be healthy as a result

-These are the 3 important numbers - These numbers have to stack up

-Once you got these numbers and the ROI you can compare it to other investments.

-5) Plan out your portfolio this is important. You may need more then one property.

-You can wait for the property prices to go up

-You can force the equity. Force the equity means withdraw money by buying below market value or add value to the property

-If you do this then in 6-12 months you can release some equity from the property.

-You can do it up and add some value and then release equity that way.

-This is where planning and strategy come into play.

-Short term you can buy a property that is making you a low yield but if you cant put money in as a deposit or pull money out to release equity then your stuck.

-You need to take a long view before you start

-You make your money when you buy either buying BMV or adding value

-Educate yourself and build a network - This is super important.

-Learn and continue to learning

-Best way to educate yourself is through your network.

-The real learning by doing.

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Book to read

-https://www.amazon.co.uk/Complete-Guide-Property-Investment-buy-ebook/dp/B01AT2A6G6/ref=sr_1_1_sspa?crid=1QSKKPYRJ978Z&dchild=1&keywords=property+investment+for+beginners&qid=1629300253&sprefix=properrty+inve%2Caps%2C151&sr=8-1-spons&psc=1&spLa=ZW5jcnlwdGVkUXVhbGlmaWVyPUEyM0NYV1NGQzFPRVRTJmVuY3J5cHRlZElkPUExMDQ3NjQ0QU5NTVBOOTFSM1U1JmVuY3J5cHRlZEFkSWQ9QTAxMzM1OTFOVkoxWVdRUVhQMkgmd2lkZ2V0TmFtZT1zcF9hdGYmYWN0aW9uPWNsaWNrUmVkaXJlY3QmZG9Ob3RMb2dDbGljaz10cnVl

Resource of the week

-It is Rob books

[kapzvproperty]

TPP007:Use Social Media to become a Property Expert

-You can use social media to network with people and build up connections

-Entraupuner on fire podcast

-The lifestyle business podcast

-Most Entraupuners make money and transfer to property

-Make what you want in your day job and invest in property

-Twitter don’t have to be active see what people are saying I have done.

-Follow Vennesa from Property Tribes

-Lisa Aurm - Mortgage and Finance

-Get to know people if you add them on LinkedIN

-This is the list

-https://propertyhub.net/podcast/use-social-media-to-become-a-property-expert/

-If you add people send them a message and get to know them

-Twitter, Linked and Facebook

-Youtube is a good channel

-Ask questions as that is when you learn

-You learn quicker from other people

-Having a network is important

-Also look at what people have asked or search the question you have asked for and see the answers

-Watch out for people who are trying to sale you courses aka Simon Zituchi

-Get systamatic as having a system saves time :)

#resource

-Trello it is a to do list

-See how different people use it

[kapzvproperty]

TPP006: How to find a Property Investment Hotspot

-House prices are rising

-transaction volumes are low

-London has not seen a price rise

-Major regeneration is a hotspot

-Liverpool one which was a billion is a regeneration

-Liverpool waters

-Major regeneration a big project

-A change to the transport links

-Goverment intervention - Tax breaks or EU funding

-Reduce stamp duty might push prices up

-EU funding will push prices up

-Follow wholefoods go on there research

-Office moving there

-Look at fundimentals

-Transport link to city centre, airport

-Shops for food and restaurents

-Schools (this depends on your target market of tenants)

-Employment and offices

-Hospitals and doctors Dentists how far are they

Resources

Dropbox - Is an online storage

Evernote making notes