Why is this content free?! 😆 thanks for taking the time to make these videos Jamie, I really appreciate it 👏🏼🙏

Jamie your channel is a god send can’t search for this info without being bombared with qet rich quick seminar’s and video’s that do nothing but try get you to sign up for some bullshit course what a legend keep going my guy

Jamie...thank you very much for this content. I’ve learned so much from you already.

Thank you for this very detailed description of how property and finances works. I want to enter into property business and I found your video very helpful.

Awesome thank you! Simple and easy to understand 👌👌

One of the most useful videos I have watched on property investment 👍 thank you

bro thanks for taking the time to make and upload all your vids,✨ your very helpful 🌟 God✨bless you and thank you 🙏🏽

Thanks Jamie! Great and very clear!

Amazing video, well explained and full of valuable content!

Basically. Buy something people need. Look after it. Manage the money. Don't get greedy.

Just discovered and love your videos - thanks for sharing

Great content, mate. Keep up the good work!

Excellent video - very informative !!

This has been helpful as I'm about to come into some money and will be starting my portfolio.

Great video Jamie - its good to see some detail on the metrics that go into assessing the return profile on letting. I am a UK based property investor as well, and having a sense of these really makes better decisions which over the long term add up. Btw the chalk pen looks so cool to work with!

Great stuff !!!

Awesome video Jamie 👍 Would be amazing if everybody calculated it the same way🎉

great video mate, loving the channel.. time to save up the 25% for my first buy to let !

It's refreshing to hear some honest advice & not to be bombarded with training videos

Thanks for doing these videos.

Great video mate. Definitely helpful for all those newbies out there trying to understand the BRR model and the return on their capital. Love that screen by the way 🌡 (Spotted your 5k discrepancy. I would be further out without my calculator thou so you done well hahaha)

Thank you James. Good investment.

Very nicely explained

Great video, you have gained a subscriber!

Great video.....very informative....I'm hooked now just need to work out where the 25% deposit comes from for my first property

Very good explanation Jamie !

Great tips!

Thank you Jamie. Really useful and much appreciated!

Nice content. It would be great see some more content on BTL for flats. You make a good point about additional costs( especially if there is an elevator) but are there upsides like low buy in, high short term yields, etc that might make them attractive to new investors?

Great video with great explanations, if the free stuff is this good, just imagine how good the paid stuff is!

Great video thank you

Very nice Jamie, very good idea to start your own KZfaq channel. 👍

Sorry my numbers are not adding up , also I don’t get why we are deducting 27500 to 40000 . I know 40k is what you have spend initially so my question is What is the 27500 figure?

very interesting, thanks

Great video Jamie

Hi, enjoying your videos. I thought I would flag up the obvious mistake. Cash in after refinancing would be £17500 (not £12500), you did write returned cash as £22.5k but then took £27.5k off the sunk costs! ROCE would then be 10%. Not bad but I think small time investors are better off in the stock market, the risk to reward is still better.

I love watching your videos where you explain the complex stuff but stumble on the basic maths. 😁

Top top video!

Very interesting thanks

the roce in that example is more like 10% actually, as the cash was miscalculated. but thanks for the video. it really makes me think that with btl there is only 1 strategy and its the long run

great. Thx

Brilliant video

Your videos are amazing man. I'm in the process of buying my first buy to let property in England and this is like a bible

jamie, great content. quick question. would you ever consider paying chunks off mortgage at the end of term or penalty free during term. i understand the cashflow side of things but surely if you have the money available why would you not want to reduce the monthly mortgage costs and increase equity at same time? is there a video you have on this already?

Hello, Jamie. It sounds amazing. Do you think we also need to budget the letting agent fee for looking for tenants, building insurance and the rental income tax, etc?

Thank you for the great videos. Can you please comment on whther the orientation of the property might affect a BTL investment? How important is a south-facing property to tenants in Leeds? Would it affect the capital gain? Thanks.

hi what do you think of putting properties on air bnb

Do a video about Shared Ownership house? what are your thoughts in buying one as a first buyer? Love the videos, good stuff..

Jamie has the best channel. Sent it to loads of friends. Even as an experienced landlord, I learn from his vids. Down to Earth too.

Really enjoying the content! What's the benefit of the refinance and taking on a larger debt after the refurb?

As a property newbie watching your video was so informative. Honestly, you nearly lost me at that net figure. I was wondering why I'd put myself through all of that for less than £1800 Net p.a.Yes I stayed to the end and got the very sound reasoning but damn, that number was depressing on its own. 🙂 Long view is definitely required and that's why videos like these are so important to learn from. Also smiled at the magically appreciating number...how human of you!

Haha this board is great 👍

Hi Jamie, great videos. Could you do a video on interest only mortgages vs repayment and why most choose the former? Me personally am choosing to repay the mortgages so when I retire I don't have to worry about banks having a hold over you. This does mean I will end up with less property but owning all of it. Would be interesting to talk about what would happen if interest rates rise etc.

Very useful vid mate, subbed! So ROCE is a very interesting indicator, what about cash on cash return? I look for about minimum 20% cash on cash return as a good indicator.

Great video. However this video is showing return on equity (ROE) not ROCE. Capital employed for ROCE is total assets minus current liabilities, therefore includes all long term debts/mortgages. And of course equity = assets minus liabilities which is what this video's return is based on

So initially you get a mortgage and then how long after that do you get remortgage at the new value and get some money out?

Hi Jamie, thanks for the great video. Just wanted to ask what options are available if you aren't getting consistent rental income i.e people keep leaving? I imagine long term this would make buy to let quite stressful especially if you can't afford the mortgage yourself.

Is there a spreadsheet for this? It is a 15 step calculation if not?

This is a great video Jamie, thanks!! Quick question, do you wait until the end of the mortgage deal to refinance to avoid early repayment charges or is this a consideration when choosing the buy to let mortgage offer? Cheers!

it should be 40k-22.5k=17.5k, not 27.5k. Hence the return will be 10% approx not 14%

Hi Jamie, great video, thanks. just one question for me, shall we not include Tax on rent income as a cost?

Hey Jamie! Love your videos and the approach that you take to education. I am using them to inform myself on property, and the best way to go about involving myself in them. I've signed up to your Deal Sourcing/Packing summit coming up on 03/09, and have enquired as to your EPTA. Quick question, how viable do you believe BTL to be these days? I know that's an incredibly vague question, and you must get bombarded with similar ones on a daily basis. My reasoning is this: Following on with the calculation example you gave on the video, with a slight correction to the cash employed: £17,500 as opposed to £12,500 as stated in the video (mistakes happen c: ) And going on to account for the current hike in interest rates (possibly as high as 4% announced by the Bank of England yesterday). Taking your advice, and being conservative with my figures, I increased the 5% mortgage cost to 7%. Along with all the other costs in place, this example actually makes a loss of £195 annually. Of course, this is a hypothetical example, and there must be certain properties out there that are still capable of making decent returns while factoring in conservative estimates for costs. Just wanted to get your take on it, I suppose. THANKS!

Hey Jamie great video On terms of location For someone that lives in London,do you think is still BTL market worth considering or best going further out of London? Many Thanks

This is quality video with valuable information, I’m new to this. So can you get a mortgage for a buy to let, and then refinance again. Or does the first initial purchase have to be investor or bridging loan.

Hi Jamie, Excellent video! I was just wondering whether you feel the refurb is a must when buying a BTL? Do you find that it is harder to get such a good ROCE and therefore majorly affects the profitability without it? Thanks!

Tbh, I only come for how beautiful that whiteboard is

Hi Jamie, thx for sharing this practical knowledge on property investment. But ur calculation seems to miss some expenses like the stamp duty tax, lender's fee, mortgage broker fee, legal fee. After including these fee the return would decrease a little bit. But anyway, you did a great job for newbee

Hi Jamie, Thanks for your awesome content, What if for some reason i cannot take out a mortgage, should i buy my first BTL all out cash, which I have saved up...or wait should I wait and build my credit rating ect. Until i am able to take out a mortgage? I believe once owning a property for twelve month, it will be a lot easier to find a lender, based on that I will than buy it on a LTD?

Hi Jamie Just wanted to point out that you didn't mention taxes. It also might be worth mentioning management fees if you don't want to manage the property. Assuming taxes is 19% after mortgage because you're using a limited company ( [7,800-4,875] x 19%= 555,75) and management fees is 10% of the rent (780), you''ll get an ROI of 3.3%, which in my opinion is not attractive

Is buying a guesthouse/hotel a thing you do?

Jamie, there are british Iron and steel frame constructions and victorian 19th century constructions. Should we be away from them to benifit in long run ? Could you shed light in these areas ?

Thank you so much for this information and all your videos really ❤️🤗🤗🤗 i need to ask the irrelevant question though 😅 what is the name of the screen/writing board you are using, please? 🙏🏻 thank you again so much ❤️❤️❤️🤗

Hey Jamie, this was greatly informative. I do however have a few questions. So as far as the mortgage, is it an interest only mortgage or a repayment mortgage you go for? Because if it is interest only, I don't really understand how you can benefit from the capital gains unless you have the money in the bank ready to pay the remaining balance on the loan once the mortgage is over. Is it that you keep refinancing? Also, when you generally buy a property, how long of a term for the mortgage do you go for? Cheers

Hi amazing videos so far just get my self to move to the next level. I am a 40% tax payer from a 9to5 job with two existing properties, both with over 50% equity in them. Can I invest more into property with little effort … understanding that it is a get rich slow strategy can I remortgage current properties to buy more; relying solely on capital growth. Thus remortgage 2 now, buy 2 more; wait 5 years… remortgage 4 buy 4 more and repeat 3 times??

Awesome! Glad I found your channel! I just subscribed. I wish to get on the property ladder. I am a first time buyer and was wondering if it would be smarter to get residential mortgages that require a reduced deposit, then change it to a BTL mortgage after the refurb to rent it out, rather than trying to get a 90% LTV BTL mortgage? Could I endlessly keep getting residential mortgages with low deposits and change them to BTL to build a property portfolio? Or would high LTV BTL mortgages be easy enough to obtain?

fantastic video. Really appreciate your work. Could you also work out ROCE as a percent of your initial outlay? so for example... monthly income of 1100 on an initial outlay (deposit, admin fees etc) of 53000 would give a ROCE of 2.08% ... or would you work this out based on net income (so minus ground rent, mortgage etc)... so 1100-450 to give NET income of 650 = a ROCE of 1.23% Thanks again, hugely inpirational

Hi Jamie I was just wondering why you used 12,500 as the money put it into the investment when working out the ROCE, I thought that figure was the cash that you take out of the deal

Thanks very informative and some serious maths there! Only thing is doesn’t refinancing mean you will break your mortgage terms and conditions?

Could you do an episode: ''math techniques for every real-estate entrepreneur' please? ;-) @11:58

Thanks, Jamie, it is a great video! When BTL mortgage reaches its expiry date (let's say after 25 ys) and you don't want to sell the property, how are you dealing with the capital of the mortgage?

What about investing in Student Units fully furnished ?

Nothing beats London

Hi. Do you go for a fix mortgage or variable? Which is easier to refinance I’m in the process of buying my first BTL and going to do some refurbishment to it to increase the value. Thanks.

What are your thoughts on off plan investments with 7% net yield per annum with strong capital growth prospects?

I dont understand how you got to the cash left in calculation or what cash left in means- please explain Thank you

Hi Jamie, New to this - great vid. I was under the impression that once you have put your 25% down on a BTL mortgage - done a 10k refurb - got the banks back in for reval - if they up the value from 100 to 130k - they would still want to keep 25% of that value so that they continue to have a 25% deposit? so i guess in this case - youve borrowed 75k they then say ok its worth 30k more - so 25% of this new value of 130k is 32.5k so we will keep that (bank keeps its as the 25% deposit) - and then we will give you the 30K (determind by the new value). I have this so wrong dont i! - can anyone simplify this for me if possible. Thank you - great content

Good video Jamie (slight correction needed in calculation: 22.5K needs to be subtracted from initial capital in, not 27.5K)

Hi Jamie, great video as always. I am a FTB living in South London. As a FTB I have found a two bed flat (4 flats, Georgian conversion) this is coming with share of freehold and is located close to major railways station. eventually I would like to switch this to a BTL mortgage and refinance to purchase another property. This will likely be outside of London ie. Leeds or Notts Do you see this a poor strategy? and would you still stay away from this purchase even if it comes with a share of freehold. The property itself is a decent flat, however the excellent location + SFH makes this feel like a worthing first purchase and would be ideal for a future rental. cheers Jamie

I guess it’s not the end of the world if you just break even with a property once your renting out. Because your equity in the property goes up with every payment made to the mortgage.

The figures were incorrect 22,500 as opposed to 27500

Hi Jamie When do you ask for refinance after initially buying the property via mortgage and doing up? Thanks

22.5K to be subtracted from initial capital in, not 27.5K. Great video though Jamie

how can i raise money to invest. i have a mortgage with 50 000 equity, That would be my deposit on another buy to let, How do I get a second mortgage. Also what do you think about a bridging loan to flip houses?

Hi. If you keep a property for life, how will you get a mortgage on it after the initial mortgage term? Say you go through 2 lots of 25 year mortgages, that puts you in your 70s. Will the bank lend to you for another 25 years at 70 years old?

EDUCATION

Education

Why are you taking the difference between the new loan ( 97k one-70k one) and subtracting it from the money you have put in the house??.

Love this! You mention you'll keep the properties until death (stay with me)- you assigned 5% for mortgage cost, I assume this is an interest only mortgage. Do you ever change it over to a repayment mortgage? If so, when do you think is an appropriate time? Will your children inherit the debt despite you owning it for 40+ years if its interest only forever?

Can you purchase the property on a mortgage and then refinance when refurb done or is best to buy cash and then get a mortgage?

Final figure is more than that because of compound interest ? Not sure I’m a bit hungover