The properties you've never heard of!! | My Lease Option DEAL BREAKDOWN

  Рет қаралды 6,700

Jamie York

Jamie York

Күн бұрын

In this video I will be talking about my Lease Option Deal breakdown. I will be showing you one of my own Property Investments and showing you how a lease option worked for me.
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Пікірлер: 39
@Slightyblack
@Slightyblack 7 ай бұрын
Finally, someone who explains LO by example. Suggestion: can you give case study examples on the other ways you have or may implement a LO Also, can you cover how you get these LO opportunities. Thanks Jamie 🙏
@JamieYork
@JamieYork 7 ай бұрын
Great suggestions!
@davidkelly1042
@davidkelly1042 2 жыл бұрын
Hi Jamie looking to get started in property your videos are great best on KZfaq really appreciate the great content is there any other property channels you can recommend? Thanks
@TheLewisparkins
@TheLewisparkins 2 жыл бұрын
Great video Jamie. More real deals!
@TobaJones77
@TobaJones77 2 жыл бұрын
Hi Jamie, great video, I'd not heard of these before. I am not clear what the advantage of this deal is to the owner - they miss out on rental income and any increase in the value of the property so why would they go for it? Have I missed something?
@andrewwest7327
@andrewwest7327 2 жыл бұрын
Remind me a lot of my first investment property in South Shields. I was able to find a Sterling tenant so didn’t look at charity route. A follow up video on working with charities would be very well received if that’s on ur agenda.
@mhadibarman
@mhadibarman Жыл бұрын
Great video. Thanks mate. My cresit scores are not enough good actually. I just made a view today i will offer but i am not about my score.
@bakieliacik5949
@bakieliacik5949 2 жыл бұрын
Thanks Jamie you are the best doing this job The best explanation for thatc Utan
@JamieYork
@JamieYork 2 жыл бұрын
Glad to help
@alistairlowe903
@alistairlowe903 2 жыл бұрын
How would I go about finding charities in my area (Gloucestershire) that might offer this kind of rental agreement?
@samhansen794
@samhansen794 2 жыл бұрын
As someone who lives in Newcastle and is looking to buy my first house here, this was very interesting! I didn't know properties went for that cheap in Byker but then again it's because I'm not considering buying there, I'd be living there and you're right, it's not the best area. I'm more looking at Heaton, prices aren't too high, it's a decent area and close to the town centre so should be good for rentability
@JamieYork
@JamieYork 2 жыл бұрын
Glad it was helpful!
@coasttocoast1140
@coasttocoast1140 5 ай бұрын
Great video, really well explained
@JamieYork
@JamieYork 3 ай бұрын
Cheers mate! Thanks for watching! 🙌
@ukclarkkent
@ukclarkkent 2 жыл бұрын
Is there a "standard" lease option contract? Is this something specialist that not every solicitors know about? This is an interesting strategy but as it's not vanilla, I'm wondering how easy it actually is. Thank you for another great Jamie!
@iandreed
@iandreed 2 жыл бұрын
Another great video Jamie
@JamieYork
@JamieYork 2 жыл бұрын
Glad you enjoyed it
@ferencmakra1764
@ferencmakra1764 2 жыл бұрын
Great video. PLO is a very useful tool to have in your arsenal. How does the £1 option consideration work by the way? Thanks
@JamieYork
@JamieYork 2 жыл бұрын
If I want to buy it I have to pay £1 to go for it
@shazshaikh66
@shazshaikh66 2 жыл бұрын
Hi what is your core strategy? Btl?? Look to hear about it
@roselynbains
@roselynbains 2 жыл бұрын
hi.. i have a doubt that what do you mean by charity renting and were you paying anything to landlord pcm or it was only 25000 in the end of lease ?
@martinea199
@martinea199 Жыл бұрын
So can you get a mortgage when you decide to exercise the option? I heard lenders don’t like lease options
@ionelavlad2780
@ionelavlad2780 Жыл бұрын
How do you put out a lease option to the seller?
@jivan_pun
@jivan_pun 6 ай бұрын
Agreed Purchase price: £35,500 , do you pay this amount at first or at the end of the lease contract ??
@godfriedmensah3768
@godfriedmensah3768 2 жыл бұрын
Spot on as usual
@JamieYork
@JamieYork 2 жыл бұрын
Thanks :)
@tomce217
@tomce217 2 жыл бұрын
So is suppose to be hands on video.. But is only theory Jamie :) How does this works in real world? What legal process? what is cost involved.. very brief info on such a massive topic.. Also you not talked about risk, insurance and etc.
@JamieYork
@JamieYork 2 жыл бұрын
It was just a breakdown of the real deal
@ruhultalukder8643
@ruhultalukder8643 2 жыл бұрын
Hi Jamie , I am your big fan and follower, I get massive help from your videos . You are just another top level! Keep up the good work! I have a situation, please can you help as you always do - Agreed price : 400K Upfront payment :£15K Property need refurbishment: I will spend : 30K Vendor is only agreeing 18months contract for rest payment I need to pay £800 per month as rent to vendor after 4 month from agreement until I buy it ( 4 months for refurbishment) After refurbishment: property will value £550K There is no mortgage now Rental value £1700 pcm after work done Questions- 1. What strategy do you recommend in this scenario ? 2. Can I get 75% LTV when refurbishment done ? 3. I don’t have enough money to show 25% deposit paid , (100K) , as I only paid 15K to vendor as deposit , will that be issue to get 75% LTV? Any suggestions will highly appreciated! Many thanks , ruhul talukder
@theseeker6777
@theseeker6777 Жыл бұрын
Hey Jamie, is lease option a good tool for a new and inexperienced investor?
@JamieYork
@JamieYork Жыл бұрын
It depends on other aspects too!
@addykoshak7258
@addykoshak7258 2 жыл бұрын
🔥🔥🔥🔥🔥
@nassah2010
@nassah2010 2 жыл бұрын
how much are you paying the current owner monthly?
@JamieYork
@JamieYork 2 жыл бұрын
A fixed amount
@nassah2010
@nassah2010 2 жыл бұрын
@@JamieYork i dont get it, 395 rent 60 quid mortgage and a "fixed amount" to landlord? your net should be less right?
@nassah2010
@nassah2010 2 жыл бұрын
fixed amount is vague
@robdog10able
@robdog10able 2 жыл бұрын
Hi Jamie. Love your videos and just bought my first 4 houses in the last two months on the back of this and other learning. You say “it nets down to about £200” in the video so assume owner gets £120pm. Seems like a great deal for you - how do you find these owners willing to do such good deals?
@G7FX_REVIEWS
@G7FX_REVIEWS 5 ай бұрын
too much work and stress for a small return not worth it. Id rather invest the money into s&p 500 stress free no work
@adrenalineisbrown
@adrenalineisbrown 2 жыл бұрын
how can people live like this, and how can landlord allow this. unbelivable
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