How to get started in property alongside your corporate job?

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Touchstone Education

Touchstone Education

3 жыл бұрын

So you’re a hard-working individual relying on your 9-5 income to make ends meet but something is missing? We’ve seen over the past year that you can’t always rely on your job as a secure income. In this video, property investor, Abi Hookway, explains 3 property investing strategies which gave her a reliable, second income source. All this was done alongside her corporate job while looking after her 2 beautiful children!
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Пікірлер: 62
@PaulSmithTouchstoneEducation
@PaulSmithTouchstoneEducation 2 жыл бұрын
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@raghavankasthuri2908
@raghavankasthuri2908 12 күн бұрын
Hi @Abi, Your property investment videos are superb. Shall be thankful to clarify my understanding: After 90 days of renting a buy to let property, the following taxes apply: 1) Business Rates instead of Council Tax 2) If total income is over £85000 threshold, then VAT bill 3) Corporation Tax 4) Dividend Taxes to draw money out of the commercial setup.
@stuartgunn8745
@stuartgunn8745 3 жыл бұрын
Great clip again Abi, love the enthusiasm and good clear information.
@PaulSmithTouchstoneEducation
@PaulSmithTouchstoneEducation 3 жыл бұрын
Thank you Stuart :)
@rachelpangburn5265
@rachelpangburn5265 11 ай бұрын
My fave video so far Abi! You inspire me so much. Can’t wait for the course!
@chrismorgan6057
@chrismorgan6057 3 жыл бұрын
Took just over 3 years and wish I'd started earlier but happy I STARTED!
@PaulSmithTouchstoneEducation
@PaulSmithTouchstoneEducation 3 жыл бұрын
Congratulations Chris! :)
@vincentmoses9770
@vincentmoses9770 Жыл бұрын
Great Negotiation skills.
@steveharman8907
@steveharman8907 2 жыл бұрын
Love it Abi...thank you..I am on my way...
@vincentmoses9770
@vincentmoses9770 Жыл бұрын
Excellent Abi
@KatarzynaKrysinska
@KatarzynaKrysinska Жыл бұрын
rent to rent sounds good, however I guess can be stresfull, what for example if you do not find tenants ?
@majidrostamy9535
@majidrostamy9535 2 жыл бұрын
Very useful video. How can i find the deal sources course? Thanks
@rarrkind8782
@rarrkind8782 3 жыл бұрын
What about the stamp duty and the legal fees one has to pay? Also how much are these courses?
@lauram2456
@lauram2456 Жыл бұрын
Thanks Abi, I am just wondering having interest only mortgage is a good choice or why is it?
@OGCrypto33
@OGCrypto33 2 жыл бұрын
I love how passionate and energetic you are 😊
@alexdiaconu7979
@alexdiaconu7979 3 жыл бұрын
Awesome content! How can you outsource as much as possible the managing side of R2R?
@graceoxby2559
@graceoxby2559 3 жыл бұрын
Hi Alexandru, Please feel free to call me on 01302 986491 to see how we can help you with this information :)
@aamin6933
@aamin6933 11 ай бұрын
Are you paying a management company? If so how much cost do you need to factor?
@spottyspiceus1
@spottyspiceus1 6 ай бұрын
Thanks for the very insightful video Abi, i was wondering - in arriving at the overall profit in your R2R scenario, do you not factor in other costs such as the management company fees, redecoration cost, etc? but I suppose if this was rented through a Ltd company, then the expenses would be allowable in computing the profit, and capital allowance would be available on the capital cost. This leads me to the next question of the process of converting a council tax property to one for business rates with the council, as I understand (from Touchstone FB page) the council doesn't always approve these. Does one have to seek advance permission? Sorry for all the questions, I've just discovered Touchstone Education channel and booked my 2-day course as i'm really keen to learn learn learn. Thank you
@kylejames5121
@kylejames5121 3 жыл бұрын
Where did u do the deal sourcing course and how much? Also trying to fit in sourcing deals did u deal source locally or all of country and if so how did u manage to fit in the viewingsto allow you to offer etc
@PaulSmithTouchstoneEducation
@PaulSmithTouchstoneEducation 3 жыл бұрын
Great question, we provide the deal sourcing course which thousands of people across the country partake in. Sourcing deals can take place from the comfort of your own home, all across the country and even the world! We have deal sourced for middles eastern and west European clients for example. Please drop us an email at office@touchstoneeducation.co.uk and we’ll be able to help :)
@Spacebargamer
@Spacebargamer 3 жыл бұрын
Hey thanks for the video and information. Do you have any recommendations on the courses to take ? Who can provide these ?
@PaulSmithTouchstoneEducation
@PaulSmithTouchstoneEducation 3 жыл бұрын
We here are the leading company in the UK for property Education! Please check out our website to see our courses and webinars available now :) www.touchstoneeducation.co.uk/
@ianbond78
@ianbond78 3 жыл бұрын
Thanks Abi. Very useful information and advice. Great stuff.
@PaulSmithTouchstoneEducation
@PaulSmithTouchstoneEducation 3 жыл бұрын
Glad you enjoyed it!
@zpetro7215
@zpetro7215 3 жыл бұрын
Great video please help me with buying properties. Please
@PaulSmithTouchstoneEducation
@PaulSmithTouchstoneEducation 3 жыл бұрын
Hi Zoltan! Can you please send us your phone number privately so we can discuss how we can help your situation? You can send it here: web.facebook.com/YourTouchstoneEducation/
@sonia6106
@sonia6106 Ай бұрын
Hello Abi, I have signed up to one of your courses in June, so looking forward to that. My question is I am 57 years old, getting a divorce, and selling my house, which will leave me with approximately £280,000 after the sale goes through. I really want to get into property to build a strong future for me and my children, and for my retirement. I need to purchase a residential property for us to live in, (I live in London and would like to continue to live here), but I also want to purchase a property to refurbish and rent out. I just don’t know if I will be able to afford to do both. For affordability, I am not sure whether to buy my residential property as interest only and also purchase my buy to let as interest only too. I have a full time, permanent job, so do have quite a good wage coming in. Could you advise what you think might be the best strategy, please? Do you think I should purchase my residential property first, or stay with family after the sale and dive straight into investing in property?
@CarmelJane
@CarmelJane 3 жыл бұрын
Excellent info, Abby...I'm an absolute beginner but a very fast learner!
@PaulSmithTouchstoneEducation
@PaulSmithTouchstoneEducation 3 жыл бұрын
Great to hear! We all start out as beginners! :)
@PaulSmithTouchstoneEducation
@PaulSmithTouchstoneEducation 3 жыл бұрын
@@martins5369 Hey Martin more than happy to help with your quest to making it to millionaire status by next year! It's going to take hard work! Are you ready?
@Gachartales7124
@Gachartales7124 Жыл бұрын
👍🏻👍🏻👍🏻
@simonporch2548
@simonporch2548 3 жыл бұрын
Very inspiring content. Well done Abi.
@PaulSmithTouchstoneEducation
@PaulSmithTouchstoneEducation 3 жыл бұрын
Thank you Simon :)
@kerryunsworth2111
@kerryunsworth2111 Жыл бұрын
What about if you’re 50+ and 20k of debt?
@malli8337
@malli8337 3 жыл бұрын
Hi Abi, great vid with so much positive energy, love it. Could you suggest a few companies to do courses with. Like the courses you suggested in the clip. Thanks.
@PaulSmithTouchstoneEducation
@PaulSmithTouchstoneEducation 3 жыл бұрын
Hi M, yes absolutely, please check out our website to see all our available courses and webinars that we have available now. Thousands across the country are joining us with Paul and Abi leading the ship! Click the link :) www.touchstoneeducation.co.uk/
@jamesfrascogna7979
@jamesfrascogna7979 3 жыл бұрын
It's 2021 how many under 30s can Evan think of a house you gotta be super fortunate to even get in the ladder this video is catered for the rich and already well off so why do you always want more go help your fello human beings who struggle to evan eat daily or have the security of a warm bed every night the world is so twisted and it don't give a flying fuck.
@abihookway6399
@abihookway6399 3 жыл бұрын
Hi James, it doesn’t I started with debt and no property and I am where I am today because of property investment. You don’t have to be rich to do this
@mariarossi6719
@mariarossi6719 8 ай бұрын
@@abihookway6399really? Honestly? I’d love to think that could happen for me.
@majidrostamy9535
@majidrostamy9535 2 жыл бұрын
Hi How to found the deal source course?
@PaulSmithTouchstoneEducation
@PaulSmithTouchstoneEducation 2 жыл бұрын
You can send us your phone number privately and a member of the team will be in touch to help you 🙂
@majidrostamy9535
@majidrostamy9535 2 жыл бұрын
Where can i send u my number ?
@PaulSmithTouchstoneEducation
@PaulSmithTouchstoneEducation 2 жыл бұрын
@@majidrostamy9535 you may email us at office@touchstoneeducation.co.uk 🙂
@user-gs5uc4hc7u
@user-gs5uc4hc7u 9 ай бұрын
Am so disappointed that I paid for a book you said was free and all I had to pay postage that was on the 18th August still have not received it. Was this a scam??
@PaulSmithTouchstoneEducation
@PaulSmithTouchstoneEducation 9 ай бұрын
Hi! We're so sorry to hear that you haven't received the hard copy of our book yet. Please send us an email at office@touchstoneeducation.co.uk to get this sorted for you.
@healthiswealth8153
@healthiswealth8153 3 жыл бұрын
can i rent to rent to a housing association?
@graceoxby2559
@graceoxby2559 3 жыл бұрын
Hi, Please feel free to call me on 01302 986491 to see how we can help you with any questions you may have
@tonynemeth9219
@tonynemeth9219 3 жыл бұрын
Hi abbey Tony here from West Sussex once again abbey great video you hit it out the park so much great knowledge if you see this video and are thinking about doing it if you can I would like to say just do it please the touchstone education family to me is number one and that’s my own personal opinion but if you have the guts and the drive you will make it so I say to all of you do it you may feel that your mind is exploding with all the new knowledge that you are learning but this is a good thing for you and your family once again abbey that you to you and to touchstone family I will see you all very soon I will be there wealth through property see you soon love ❤️ each and everyone of you thank you for everything
@PaulSmithTouchstoneEducation
@PaulSmithTouchstoneEducation 3 жыл бұрын
Thank you for your wonderful kind words Tony! Hope you are well Sir :)
@georgesames14
@georgesames14 3 жыл бұрын
Can you please tell us how much you are earning from your property portfolio? Without that theres no context really
@PaulSmithTouchstoneEducation
@PaulSmithTouchstoneEducation 3 жыл бұрын
No problem, Abi’s property portfolio brings in over £80K a year, this figure actually grows each month with how many properties she invests in each month :)
@macbhakta
@macbhakta 2 жыл бұрын
Is that after tax?
@lukeqq8830
@lukeqq8830 3 жыл бұрын
How are you doing 6 houses a year because most banks won’t let you get more than 1 BTL mortgage every 6 month? Which lender are you using?
@graceoxby2559
@graceoxby2559 3 жыл бұрын
Hi Luke, Please feel free to call me on 01302 986491 to see how we can help you with this information :)
@lukeqq8830
@lukeqq8830 3 жыл бұрын
@@martins5369 so I guess it isn’t worth it ?haha
@ducatinya
@ducatinya Жыл бұрын
Seeing you Abi and Paul, inspires me to take action! However I have some doubts about your numbers. You mentioned at the end of the video that you are making what it would be a £70k/year salary through property. That is around £4k net income a month. By the sound of it you are still working on them nearly every day, because you mentioned you enjoy it. To me personally it is not a decent retirement salary, and also when you are still working for it. Could you put all of it on autopilot and still earn the same money? Moreover, you said you can make around £1.5k/month with a service accommodation property, £350/month on a BRR and £3k/month on deal sourcing. But still you are making only £70k a year? You also said you were doing 52 BRR the year of the video was made, which is about £18k a month in profit! Am I missing anything with the maths?
@djpete2009
@djpete2009 Жыл бұрын
Well analysed! I am sure it is profitable at some level but it appear that you have to be working 12-15 hours daily nearly everyday. If you worked at Mcdonalds at £10 an hour 12 hours a day, 7 days a week means around £43,000 per annum.
@martynas9019
@martynas9019 3 жыл бұрын
And now am thinking about youtube premium account, omg can't be more fake than this...
@graceoxby2559
@graceoxby2559 3 жыл бұрын
Absolutley NOT fake, call us on 01302 986491 to see how to get results like Abi's :)
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