Buying HMO Properties with NO MONEY

Buying HMO Properties with NO MONEY | Samuel Leeds

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Күн бұрын

Buying HMO Properties with NO MONEY
Come along to the Property Investors Crash Course for FREE: www.property-investors.co.uk/...
In this video, leading industry expert, Samuel Leeds explains how you can purchase HMOs (House of Multiple Occupancy) using NONE of your own money. By renting houses out on a room by room basis, you're able to generate a much higher return on investment.
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How To Start Investing In Property:
• 2 Ways How ANYBODY Can...
How To Buy Property Below Market Value:
• Get 20% off the price ...
How To Buy A House with No Money Down:
• How to Buy UK Property...
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• How To Do 40 Property ...
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Пікірлер: 162

@786khalidrazaq 5 жыл бұрын

I love you genuinely like a bro for taking you time out to explain everything in detail and being so upfront and honest.....! God bless you even more.....!

@scottpriestley8362 5 жыл бұрын

Dude probably one of you best value videos for HMOs I've ever seen. Amazing man!

@EmanzMindset 5 жыл бұрын

Thank you very much Samuel. It means a lot knowing that there are people out there who want to share their knowledge in a clear way. I am currently studying in university (typical) and would love to become financial free in the near future. Thank you for all your guidance!

@bethbotham 5 жыл бұрын

Great stuff Samuel, been watching your videos consistently... you’d be surprised how much info you absorb! I’d love to see this video broken down in more detail, as you mentioned

@spencecollins 4 жыл бұрын

You know how to draw me into your video Samuel!! That is incredible and I am def. coming to your course in 2020!

@christianmb1160 2 жыл бұрын

Amazing Samuel! Your energy and live to help people is just amazing to see! Keep it up bro!

@SamuelLeeds 2 жыл бұрын

Thank you Christian

@DamonLeeK 5 жыл бұрын

Great video Samuel and looking trim!

@craigstone1684 5 жыл бұрын

Awesome, thanks Samuel

@TheGameCinema 4 жыл бұрын

always learn something new every vid, cheers mate

@Robert101325 4 жыл бұрын

Great explanation ..thanks :) very helpful

@martinnicola7631 5 жыл бұрын

Thank you for sharing your knowledge. I am looking into moving towards starting this as a career and your videos are great. Picking out bits from each one. Look to you as a role model and hopefully one day i can pass my knowledge on to help others. Thanks again 👍

@haydn-rosssmith3273 4 жыл бұрын

Great stuff Samuel - thanks so much for taking the time and effort to share all this knowledge with the world. Booked onto the course in October - see you then 😄

@ricardosantos2058 5 жыл бұрын

Nice one Samuel, thanks for sharing 👍

@philbertmarango4182 4 жыл бұрын

Fantastic I love it Samuel

@tipstosoar 4 жыл бұрын

This sounds like a plan! Thanks for sharing Samuel. I intend to go to one your crash courses soon. Will read your book first :-)

@Anthony-do1fl 4 жыл бұрын

Great work there Samuel. Great value content in all your video's. Learning so much. Thank you. (Head to crash course next year.) ;)

@pancomal8587 4 жыл бұрын

Just discovered your channel Samuel, you are awesome!

@rickym1301 5 жыл бұрын

I am living in Australia at the moment but the second I’m back I’m coming to the crash Course to see Samual, can’t wait to get started on my journey! So excited to start!!

@yaseenbenjamin5197 5 жыл бұрын

thanks Samuel. enjoyed the video. please give us a detailed video

@chordkeys 5 жыл бұрын

Thanks a bunch

@tebogom9523 4 жыл бұрын

Been studying your videos for days now, about to use what I've learnt today, wish me luck.

@damiancrawford8185 4 жыл бұрын

Awesome video - I will be going back and taking detailed notes

@desaintclairj4485 4 жыл бұрын

Great stuff.. sam

@MrS6 5 жыл бұрын

Great video Samuel as always. I would like to see a video of you going through properties on rightmove explaining which properties are a good or bad and why in detail (which ones are good for single lets,hmos ect. Maybe even calling them so we can see what you say and how you make deals.

@SamuelLeeds 5 жыл бұрын

MrSalim this is exactly what happens at the Crash Course 🤑

@abrabosea3917 4 жыл бұрын

This is wonderful Mr Leeds.

@simonb8464 5 жыл бұрын

Thank you. I have all three of your books. All good.

@greggjones1963 5 жыл бұрын

what do you think of buying a property for conversion to hmo in a town/city that has article 4 and the property you buy is just outside the article 4 boundary? good or bad idea? article 4 area likely to extend? cheers gregg

@masterl14 5 жыл бұрын

Great vid again! Would be great to know more about bridging loans.

@kamraniqbal4033 5 жыл бұрын

Sameul you are great trust me you are not only a successful person but you help normal people thats is your greatness that make you stand out from others

@criptor9 4 жыл бұрын

Yes please do a deeper video about bridging and refinancing with refurbished properties. The implications of interest and fees and what to do if you’ve made a mistake with the house when you thought it was a great house.

@Faizal_Khan 5 жыл бұрын

My favourite tutor.Thank You❤

@jefferyoseni266 2 жыл бұрын

You are the man that started this new venture for me right here right now, respect for your work and mission 👏🏾

@saleemnasirkhan5350 Жыл бұрын

Hi Samuel very nice of you sharing great ideas to become a financially independent. I would like to learn more from you. Many Thanks

@ArcaneVenom 4 жыл бұрын

Just purchased your book, buy low, rent high

@mrharrison2004 5 жыл бұрын

Love these videos Samuel, can’t wait for the next part of the video where mrs Leeds is converting the property into 2 apartments in Doncaster! Also iv just had an offer accepted on an apartment!

@alessandrobada3979 5 жыл бұрын

Bridging loan stuff sounds great! I'd like to know more from one of your videos

@Chris-ws2iy 4 жыл бұрын

That a beautiful words, I want to leave this earth better then I founded. God bless you Samuel 👏🏻

@mojisolaeletu5108 Жыл бұрын

Thank you Samuel When are you organizing Evictions.

@adamthomas6524 5 жыл бұрын

Please go into more detail about BRRR for HMOs and BTLs

@safikhayer9364 5 жыл бұрын

Love your videos honestly!!! Would love to just sit down and have a coffee with you and talk about everything! Feel like I can’t achieve what you’re talking about because I’m 19 and haven’t had the experience like you and scared to make mistakes that could cost me!!!!! Keep it up, you’re awesome!

@SamuelLeeds 5 жыл бұрын

You are 19 which means you’ve little to lose. Just go for it like an unchained animal with no fear!!

@Smithb83 5 жыл бұрын

Samuel I really enjoy your videos, like many others I would love to know more info about bridging loans and the costs involved. A real life example of the arrangement fee, monthly fees, timescale and overall cost of the bridging. Then the flip side to how much more the house is worth and how long the refurbishment took. Plus other fees to watch out for like the additional 3% stamp duty. I own a buy to let but am interested in BRRR for next project. Thanks for all of your great content 🙌

@alihamoudi7907 5 жыл бұрын

Hi Samual I really love your videos and appreciate the effort you are putting in thank you🙏I just got question i live in London I’m looking to buy house at the moment we are 5 people living in 1 bed flat. Please advice me what can I do thank you

@eleazar6779 Жыл бұрын

Young man Samuel, son you keep on keeping on! Yes you are a great man. Be bless..

@oluwaseyitanadesegun6197 4 жыл бұрын

Hi. Could you pls do a video on repayment of loans used to finance property investments, coz that’s a major worry for me. Thanks

@fearghalobaoill2903 5 жыл бұрын

Great vid Samuel. I'm coming to the crash course in Birmingham! Can't wait!! I'd love to see a more indepth video about the bridging loan aspect of a no money down deal. 😊

@adarrm 4 жыл бұрын

Loving the one show at minute

@jamiejones2925 5 жыл бұрын

Hi Sam! Any chance you could go into more detail with the bridging loan? E.g could I get one being on a 0 hour contract IF my aim was to purely buy do it up sell or rent? I wouldn’t live their myself

@culturewdiba721 4 жыл бұрын

Thank you very impowering. When is your next event in Birmingham?

@eduardoborges8487 5 жыл бұрын

Can you do a video explaining a complete deal you already did please? Love your videos, great content, an inspiration, I'm going to UK in 2 mounths to study at university, and i will go to your crash course

@jawadsaleemi 5 жыл бұрын

Hi Samuel Is it necessary to have atleast 12month experience of buy to let or someone can go buy a house and straight away refurbish into HMO?

@alHailHale 5 жыл бұрын

Hi Samuel, I'm really interested in learning more about bridging loans.

@lancemanyerpt4167 5 жыл бұрын

Beast 👊🏻👊🏻

@jamesfrance5251 5 жыл бұрын

When changing a residential house to a HMO on a lease option does the landlord need to change his mortgage to a HMO mortgage or can you keep the original mortgage?

@kryptonitefitness 4 жыл бұрын

Great question

@bigbark4627 4 жыл бұрын

This is a HUGE question 👍 Samual, vry surprised U'v not responded with any thoughts or UR personal experience?

@theresanewwell3269 4 жыл бұрын

So with the bridging program is it best to make sure u qualify for it before u make a agreement to buy the property

@joyifey 3 жыл бұрын

“Your success is my oxygen“😍

@chychy6642 4 жыл бұрын

How do you approach a landlord with regards to step 3? As not many I find agree to this

@tigerbeatfilms2943 4 жыл бұрын

What about article 4?

@DAve-gl5es 5 жыл бұрын

Hi Samuel I would be very great full if you could please do a video talking us through the way the new tax credit allowance changes due in 2020 will affect the way we are buying buy to let properties. Many thanks , great content, can’t get enough! *The sum of the five people closest to us* Thanks Dave

@leesmith8810 3 жыл бұрын

A hmo license is £695. If you are doing doors and smoke alarms do a 6 bedroom.

@paultaylor4032 Жыл бұрын

Hello Samuel, Would you be able to do a video covering the legal aspects for example if you take any person at random, what do they need legally to be able to start, do they need to setup a property company with Companies house, do they need to join any ombudsman etc?

@BossMan-wp9zd 4 жыл бұрын

Samuel Leeds is simply a champion... end off.

@jackclegg9355 4 жыл бұрын

Samuel! Constantly watching your great content. But! Is it worth going for a HMO with stamp duty, renovation costs etc when you can grab a new(er) build flat?!

@librarian123 4 жыл бұрын

What’s the legality on Rent 2 Rent? The landlord must have no mortgage in order for you to carry out the Rent to Rent and sublet the property as HMO. How can you essentially sublet from the landlord without breaching the existing mortgage? Even if he had a standard BTL mortgage you can’t run a HMO off the back of it!

@TommyWeb3 5 жыл бұрын

Nice one mate! Great video as always and very simple yet informative! 10/10 for me. Do you reccomend any books on learning these strategies you discussed involving No Money Down? Just got yours Buy Low Rent High, excited to dig into it just trying to build a collection of Go-To books at this time :) Thanks in advance! Keep up the great work!

@SamuelLeeds 5 жыл бұрын

I’ve done a couple of property books. Although you can read forever , I’d recommend getting to a Crash Course

@sevgilim1308 4 жыл бұрын

Are you gonna be in London March 6-7? I’m excited to be there and learn this business from you. Great content easy to understand 👏🏻👏🏻👏🏻

@MrJordanwain 5 жыл бұрын

Hi Samuel, any chance you could do a video giving advice on getting into property whilst holding down a job to start with. Also how strict do you find bridging loan lending criteria’s? Are they happy to help people start to invest with only a small amount of money down? I’ve got fairly good credit but don’t earn loads and loads. I would love to attend one of your courses - are they always in london? I live so far away!

@persiangulfcat 5 жыл бұрын

Please talk about how to find a joint venture partner! Break down the hard parts please! ❤️

@tonyclewin7497 Жыл бұрын

Hi Samuel I'll be seeing you on the 16th of October at hard Rock Cafe Question pls What documentation do I need to present to the landlord who is considering my proposal to do a rent to rent and possibly buying the property in 5-7 years Thanks Tony

@russellpetrie119 5 жыл бұрын

love this idea is there a hotspot area for hmo?

@sethmichaelbrodie 4 жыл бұрын

Does this work in dfw

@riyadkhan6409 5 жыл бұрын

Samuel, I’m 13 and I’ve watched your videos since I was 12, read your book and rich dad poor dad. I’ve sent my sister to the crash course and she said everything she did I already knew. I remember when u made a video about the 3k credit can I have it or my sister

@giftyford8717 4 жыл бұрын

HI watch your youtube video about HOM It was so amazing, last year i left my job and i was looking to start HMO business but it been deficit because i did not have the big-budget to start

@mojisolaeletu5108 Жыл бұрын

You will be remembered

@marvinrascal3376 4 жыл бұрын

Can I buy homes on the strength of equity I already have?

@icankyla123 4 жыл бұрын

Hey great video I want to buy a council house with 54 % discount struggling to get a mortgage any advice?

@jussad 5 жыл бұрын

Hi Samuel, love your content bro, stumbled upon you quite recently. I’m becoming more and more interested in property because of you. so if you could make a video a bit more in depth about buying HMO’s and also what laws should i look into if im in a different country (Lithuania), that would be awesome! Thanks, J

@henrikajankauskaite2658 5 жыл бұрын

Hi Justin, I'm originally from Lithuania and I can say that these strategies definitely work in Lithuania! You just need a good solicitor! The one strategy I would recommend most is rent to serviced accommodation in bigger cities like Vilnius or Kaunas. Let me know if you'd like tk have a chat about this

@avalonkingdom9098 2 жыл бұрын

@@henrikajankauskaite2658 What kind of returns can one get in Lithuania? I would consider investing there with the right people.

@floppie4552 4 жыл бұрын

is that possible in condominiums?

@scottsmith8318 5 жыл бұрын

When refinancing a property you are able to recycle your cash, however is it an issue that your monthly mortgage payments will go up after doing so ?

@LMAO-ef3ip 5 жыл бұрын

Could you do a video on how to do a rent to rent step by step?

@manchesteryoutube2108 5 жыл бұрын

Samuel great video I didn't understand the bridging loan part too good. If you could explain a little more or something explain more about this would be highly appreciated.

@Dewburyfirkin 5 жыл бұрын

ask samuel for a bridging loan/finders fee on a property you find.. :-)

@manchesteryoutube2108 5 жыл бұрын

@@cbing4036 so not that great

@manchesteryoutube2108 5 жыл бұрын

@@cbing4036 I'll stick to BTL mortgages then refinance later

@manchesteryoutube2108 5 жыл бұрын

@@cbing4036 thank you so much. I will be starting very soon

@joshthepropertyguywiththeh4130 4 жыл бұрын

Bridging loans are very useful tools. They allow you (for example) to buy a house that is in too bad condition for a mortgage company. You then renovate it and then take a mortgage on the beautiful renovated property and then pay off the bridging. This creates equity on the house because you added value.

@randompiano 4 жыл бұрын

Hi Samuel. When is your next crash course

@bluewater12345678 5 жыл бұрын

Looks like you’ve been losing lots of weight Samuel!

@danno6478 5 жыл бұрын

Your success goes in his back pocket 💸💸💸

@jayrichards5915 5 жыл бұрын

Samuel, on almost every video of yours, your prices are based from the birth of England which is understandable because that’s where your from but what about the people who live around London or just outside the m25? Prices are gonna be a lot different? Is it still worth doing? Or should I just look for an area that is a lot cheaper and do the travelling?

@richwatts 11 ай бұрын

Thanks Samuel. I have a house with about 200k equity. Can I remortgage this, now in August 2023 and buy some HMO houses?

@mwdp1 Жыл бұрын

When you buy a house that you plan to do brrrr with the first deposit to buy the house would come under a residential mortgage so you would only need 10 percent ? But after refurb/ bridging loads etc how does it work with renting it out because you haven't put 25 percent down or am I completely wrong 🤔

@leeturnbull9802 5 жыл бұрын

Thanks for everything you do Samuel! I want to have a glass so full I can give EVERYONE a drink, I currently work for minimum wage, but me & a friend fed 17 homeless people yesterday! I'm coming to Birmingham on the 14th-15th of September for the crash course ! Is there anything you would recommend to bring to prepare better ? I want to maximise my learning potential !!

@Greatermans 5 жыл бұрын

Hi Samuel, thanks for the info. I understand that you said you don't need a licence to use a house as a Hmo if i have up to 4 tenants. So does this apply in a Article 4 area as well ?

@SamuelLeeds 5 жыл бұрын

Tendai yes it would apply in an article 4 area the same. However, in an art 4 area you’d need planning

@Greatermans 5 жыл бұрын

@@SamuelLeeds Thank you Samuel. Really appreciate your help. I have already been to the crash course and looking forward to joining the dfe

@SamuelLeeds 5 жыл бұрын

Tendai you’re going to LOVE it!

@Greatermans 5 жыл бұрын

@@Eddie-fy1fg You will need to go for the free 2 day crash course first then when you're there, you will be able to sign up for it. Pls email them for the price as it depends on the offer available at the time.

@JUSCHILIN1 5 жыл бұрын

@@Greatermans how much did you pay?

@douglasfelix6609 4 жыл бұрын

Hey Samuel, For me this is the best of your videos!!! Especially when you say your go is to help others, as this my motto also. But I have to make a living and it is very scary, it seems like a gambling. I totally understand it all and think it’s actually very close to me, but there one thing that I can’t get past wich is the worry of “what if it doesn’t the go the way I expect?” I’m going to be in your crash course on the 24-25th, and I’m realy hoping that I crash this in me. But on the meanwhile I was wandering if there was any thing else I could do. Please help me!! I really hope your time gets my message and advise me further. Best Regards, Douglas

@datingandlifeadvicechannel7534 2 жыл бұрын

How to get money from bridge loans for first time investors

@matthenry4306 5 жыл бұрын

Hi Samuel really want to get involved in property, coming to your crash course in October, what would you say the best way to get experience in dealing with HMO’s would be?

@feverpromotions4567 4 жыл бұрын

Can you use help to buy for a HMO?

@ashah4491 2 жыл бұрын

It's good concept samuel but you would still get stuck will mortage lender if your on a low income i.e 20k a year salary when u try to refinance your property with new mortgage value

@k.thorbs6725 5 жыл бұрын

This has given me a massive push to get started in property. The only issue I have now is that my family will not back me or support me :(

@abduljamad3265 5 жыл бұрын

When you can't buy, you prepare by researching while trying to buy.

@DamonLeeK 5 жыл бұрын

That is very normal. No one who has ever been successful has fit in. You have to go against the grain. Use it as motivation to prove to your family that you can do it and be successful. Good luck!!

@mariposa7ful 4 жыл бұрын

Thank you so much! This was so enlightening! I've been wanting to do this but had no idea where to begin. 😊😊😊

@steviemv2418 5 жыл бұрын

Hey Samuel. I have a £400K house mortgage free and want to start investing but if I refinance and buy a house to rent out I can't cover the cost of the mortgages if I don't get tenants in before the mortgage payments come out. How do I start this process? Please help

@theodoreraithby6914 5 жыл бұрын

Great video as always, see you in October at the crash course!!

@kellyjackson30 4 жыл бұрын

Great vid but as far as renting tiny pokey rooms to people, not everybody wants to live in a shoebox

@AndrewHereytb 5 жыл бұрын

I spoke to a solicitor recently and I was told that if you borrow money to put down on a mortgage deposit and give back a ROI it could be seen as mortgage fraud since the money it's not yours. Is it true?

@soxandruby 5 жыл бұрын

Yes that's true

@AndrewHereytb 5 жыл бұрын

Then what's the point in trying to raise finance if you can't? Will a bank loan be accepted?

@soxandruby 5 жыл бұрын

No. That will mean you’re 100% leveraged which no lender will accept.

@AndrewHereytb 5 жыл бұрын

Fair enough. So what is all the hassle with never using your money as I can't see it being possible without letting an investor buy a house then manage it yourself and splitting the profits.

@soxandruby 5 жыл бұрын

AndrewHere Yes the only useful idea from this video is partnering with another investor. Which as a landlord I wouldn’t do unless I thought you were very qualified or had a good history of similar deals. If you want some good property education resources check out the RLA or NLA, You don’t have to be a landlord to join. A good free forum for questions is PropertyTribes.