I just bought my house in cash. I was going to buy 4 rentals on an LVR of around 30% each, but I'm instead going to buy 1 rental outright in cash in 2 years of saving (which should be able to save with no mortgage and the market won't run away in the meantime with the interest rate hikes on the way), then another in a further 2 years, then I'll semi-retire, I'll be 39. Net worth on paper im not too fussed about; having little to no life costs + cash flow coverage to live on I'm more interested in (so I don't have to work 40+ hours a week anymore).

Subscribed for 2 reasons. Clear concise content and number 2 that writing board. It's great. The sound the numbers is great :-)

Hi Jamie, can you do a video on how tax may be dealt with when going into buying more than 1 buy to let property, either as a company or as an individual. Thanks

Great video, just came across you the last few weeks, love how you explain some of the sticking points with certain strategies that other channels don't want to cover.

hi Jamie i have rough an idea about what you said but your explanation has blown my mind . thank you very much for your efforts to make this things looks easier. just wowwwwwww thanks again

The property market has been far too kind to me and my wife the last 7 years. I've always flipped my primary residence after 12 months and earnt around 200k in 7 years doing this, avoiding capital gains etc. In 2015 when I joined the Army at 25 I was penniless but made sure to save and get on the ladder ASAP! 18 months later I met my wife and we've just slowly worked our way up since. I think with interest rates rising the next couple of years I'm going to switch strategy though. I'm on a 5 year fixed rate at 1.24% (4 years, 4 months remaining). If interest rates rise to 6% I'd be paying an extra £500 a month. So the plan now is to down size in 4 years and buy a property outright. Then I can slowly move up the ladder flipping houses mortgage free whilst also using our incomes to start a limited company and finally start building a Buy to Let portfolio. Plus being mortgage free will also be a massive stress reliever whilst I'm transitioning out of the Army.

So happy I watch this video..... My plans re now set.... Longtime I ve been trying to understand dis properly... Now I do... Thks

I just watched this video like 3 times!! Amazing videos Jamie!

Good stuff. One of the most informative and clear explanations backed with numbers. Loving your whiteboard as well!

Learning loads from this channel..... thanks for sharing!

Ideal breakdown thanks a lot.

I'm newly suscribed , I thought if u buy it outright is best because u never have to pay rent anymore

This is amazing. The main man!

Very interesting! And put together well. Thanks for sharing your knowledge. I will follow more of your videos. Cheers!

Great video, makes perfect sense. One thing I’m just a bit confused about is after an interest only mortgage how are you able to sell it if you don’t own it by the end of the mortgage?

Another great video, really cleared up remortgaging the increase in value

What if you have no interest in property investing and just want to buy a house to live in. Would you say buy a £200k house in cash to live in a modest house or get a 25% L:V mortgage to live in a fancier £800k house? Or the third options which would be to rent but put the £200k in stocks? Which option ends up with more money in my pocket after 10 years?

Hidden in the terms and conditions of a mortgage you give the bank Power of Attorney.

Brilliant explanation as ever Jamie, well done!! am learning mate👍

The issue I have with mortgage, I have a limited company to own and acquire properties. My previous experiences applying for BLT mortgagae for business has not been great. The process is very slow, fee is high and the rate is high.

Love your energy.Jamie clear and generous. Debby South Africa

Some great videos on this channel! Not sure how these sums add up if inflation & hence interest rates start rising though, which looks likely. A long term fixed rate would be a great inflation hedge, but there aren’t many over 10-15 years in the U.K.

You sir are a magician great content

Hey, me and my partner have come into some money and we aren't very savvy with this stuff, but we just want to buy a few properties and are looking 20 - 30 year long term. We just want to earn an amount that makes life comfortable for us until we retire.

What would you do to protect yourself against repossession/high interest rates if there is another crash like 2008? A video on that would be great 🙂

Great video on paper so much better to buy more properties though 4 x properties what about maintenance costs void periods etc etc makes it a lot more work but is great education thanks

YES, I read every word on any contract - you should never sign your name to something where you don't know what will happen in certain circumstances. If you don't understand it, then ask your solicitor to read it and highlight any important points that you should be aware of.

sounds great but if a crash big negative equity. But if it goes well massive profits

Hi Jamie. Would you make a video with just a few real life examples (with real figures and their full breakdowns) for BTL properties you invested in or helped someone else invest in?

great content. total wizardry

This was perfect for me. I was about to contact you this week to ask your thoughts on what I should do with £300k Thanks for explaining some simple examples.

Hi Jamie, great video. When you say " YOU CAN REFINANCE 75% OF £1,021,625" do you mean that we can get a loan of £766,218? Pay off the initial mortgage of £600,000 and buy 3 more houses of £200k each?

Lol I will stick to cash buy and flip asap. Dont want to sit on a property for five years and pay stupid amounts GGT. Dont forget the more you make the more tax.

would you ever do a video of you breaking down your net worth?

Brilliant video! Thank you

Great video Jamie. One question though, you say that you are not interested in paying down the mortgages and I get that in the short to medium term if you are wanting to grow but surely you would get to a point where the cashflow more than exceeds the lifestyle you want to live so at this point wouldn't you consider starting to pay them down in order to de-risk given that you essentially don't need the leverage? Would love to hear your thoughts on this.

I was yesterday watching the clean your accounts video. However I accidently clicked on something and it's disappeared. Please can you link again for me as was very informative. Thank you

Amazing breakdown. I am a new subscriber to your channel. Please can you make a video on refinancing? Still cannot get my head around it .thank you

Great video mate 👊🏼

Very impressive Jamir

It s good but what about when you are old like me . Luckily I did buy 2 5 yes ago . But now I saved a bit I think I could buy another but I want a good deal without too much effort Orr stress

Great video Jamie! With 150K would you buy one property worth 600K in London that will give you £2500 in rent monthly or would you buy say 3 properties in Midlands that will probably give you the same return?

So am I the only one that reads all the small prints ? And then proceeds to have a nervous breakdown lol

My question is if lenders will you a 2nd, 3rd & 4th mortgage when I’ve already taken out a 75% LTV on my first? Have I not already “maxed out” on my 4x salary multiplier, or do buy to let mortgages work differently?

Another Great video I already own 2 properties BTL and I’ve been making overpayments on the property that I live in to get it paid off in the next 8years, After watching this I’m debating on taking the £120000 equity out of the property and using it as 3 deposits. The plan is to move abroad in 10 years that’s why I was paying the mortgage off early so I could sell the property buy a cheaper property here to rent out and take say £150000 with me to buy something abroad out right and have the full amount of rent getting paid straight to me from the property I’ve bought outright in the uk. Plus at least another 4 properties income minus the mortgages, hopefully given me an income of about £2500 a month debt free apart from (good debt)👍

Quality video Jamie this is what I was gonna ask you to cover!

In the 75% LTV example, surely the total mortgage interest would be £1500pcm (based on £600,000 loan)?

Bloody good content, Jamie. I'm a Yorkshireman living and working abroad (Dubai). Do you have/or could you produce a video on BTL property investing if you're not a domiciled resident of the UK, but still a citizen? Appreicate there may be 'ex-pat tax' implications that's beyond your purview for this channel, however it would be greatly appreciated, because I can't find a single 'youtuber' who can explain this clearly and succinctly in your style. Thanks

What’s your view on pulling equity out of your residential property for a flip / strong utilisation?

You should make a video about how foreigners if they want to invest and stay in the UK to do the property investment with your company, is it a wise thing or not. For example I'm an Indian. I have money. I want to invest in the UK and also live there. Means can I have a company, that invests with you. You go and invest in 2 or 3 properties. And I can split the income with your company? 😶 🤔

Another brilliant video. I will have around the 40k mark to start with, do you think that’s enough to BRR? what areas would you recommend? Also any to avoid? Really appreciate the knowledge you are passing on.

how much asset coverage do BTL mortgages require these days before they call in the mortgage?

Hey Jamie! Thanks again for a great video! 🤩 Say that I can get 200k with 4 investors and myself equally fronting the purchase of 4 properties as in your example, how would you split the rental income, the capital released when refinancing and the equity in the property so all parties gain fairly? Sorry for being very specific but this is the actual problem I’m trying to figure out just now! 😅 I would really appreciate any advice 😃

Hi Jamie, Is there any disadvantage to someone only just starting on this path fast approaching 60 Yikes!!! My initial stratergy was to buy my first one in cash for around 90k and then if all goes well then get a 75% btl mortgage on another property. Would appreciate your feedback on this. Thanks

Nice video Jamie! Thanks! Where do we find the right rightly priced properties that give good rentals? Which regions are better on this parameter?

Great advice for me as a landlord., thanks pal

Hi Jamie, I am really enjoying your videos and learning alot. I just need the confidence now to act on some of your thoughts and ideas. I do have 1 question but its in relation to your electronic whiteboard. Could you tell me what it is you are using in this video and where you got it from please and how much it cost? I am a healthcare trainer and this would really help me in my delivery. Thank you so much. James.

I stopped being able to understand it when it got into scenario's 😞

Debt inflation recession house repossessed recycle. That's what leverage does to society.

So if you don’t have an ambition to build a portfolio you should look to own the property outright? My wife and I recently moved abroad but we still have a mortgage on our 2 bed flat in Surrey. We want to rent it out and I like the idea of using the rental income and our own income to pay off a repayment BTL mortgage quickly or should we be looking at interest only?

Great explainer. Answered a question I have on my 1 property portfolio, I am about to remortgage my current property that is fully paid for at 350k. Was planning on paying cash for 2 additional properties, but now considering the leverage on getting 3-4 BTL properties with their own mortgages. My biggest cashflow concern is the management costs I'm currently paying in London of around 23%, my assumption outside of London is managed letting service fees will be much lower? Thoughts anyone?

Thanks for these wonderful vidoes, really helpful but ine silly question i had was which might make sense to everyone else but not to me was when you said you refinance and have 165k plus 4 properties does that mean paid off or you would still have 75% mortgage on the new value but the bank you give you 165k thats the bit i kinds find confusing if you have a video addressing this point it would be great if you could guide me to it. Many thanks

Great vid! Not sure if this question has been answered before but with an interest only mortgage for a BTL property, how do you recommend paying the capital lump sum once the interest only repayments have been completed? Especially if you have multiple BLT mortgages? Cheers!

Too late now to buy as prices are falling now just waiting it out for the market to bottom out…..

Another great vid, I have subscribed👍🏽 Quick question mate, I have a financial advisor and I’m paying him 0.50% each year. Do you suggest to continue doing this or to go at it alone? Thanks

Hey I just had a random question, what do you do about your exit. Eventually you would have to pay off your debt ? Love the videos thanks

Could you do something about holiday lets?

Bob Kyosaki

What would you do if your 18 as you can’t get a mortgage

Hi Jamie looking to release equity from my buy to let want that Money to invest in another buy to be please can you advise me of that's the right thing to do in 2021

whats your advice for a young adult hoping to become a property investor

IiiThanks

Not watched the video yet but I think the answer is basically "no, you may as well get two-four buy to let's" let's see Edit: grammar

Hi, love your channel, but how did you get from 200000, to 255256 adding 1.05% a year over 5 years?

Is it still worth doing Buy to Lets.

Is it easier to finance a property you own outright?

LIES. Or rumours. Iv heard of this before on Utube. But I called my broker a year ago about this. She said if the value of property drops they won’t ask you to pay the difference. She said she has never heard of this happening. Why would it. You would end up paying them less interest. Think about it.

💥💥💥💥

My favourite video, thank you!!