📌 I don’t know who but someone needs to hear this,Stock is the oldest online market we have done in the past years, we employ it because of the quality of services it renders and how successful it is, today we now say crypto currency too, You’ve got to stop saving all your money. Venture into investing some, if you really want financial stability.

I agree with James. I think the more you think like an entrepreneur, the less you want to go into BTL. Not only are you putting in the money, but what most people overlook is you are borrowing two thirds of the rest required to buy the house, which you are responsible for. Property is a great store of wealth but to actually build wealth, you need to take a little more risk

I feel a similar way. I had 2 bad experiences recently. 1. Tenant wasn't paying [been there 6+ years no prior issues], took about 7 months to get him out and house was badly damaged, lost about 15-20k. The person had multiple CCJs already so was futile to chase funds. 2. Tenant was hoarding, fighting with neighbors, terrorising the whole street. I got the council involved + the council mental health support team. Worst decision ever, got threatened with fines and 0 help to deal with tenant. Ending up auctioning the property away. If you're self managing, the potential stress is immense and I don't like confrontations. + All the unfavourable tax laws, EPC ratings coming, tenants rights growing whilst landlords are stuck in corners. Not for me.

I have to disagree with you (maybe for the first time ever!). I love your concept of anchoring in fast and slow pounds and think you should hold tight to that. People are always going to need somewhere to live and wrongly or rightly, not everyone is positioned to buy their own house. Businesses are not secure, nor are they “safe as houses”. I agree that it’s getting tougher to be a landlord, less incentives etc but you’ve been in that game for almost twenty years so you remember it being much easier. Setting up a fresh BTL LTD co with a smart share structure and freezer and growth shares for a newbie, has never been more widely available. This structure solves most of the issues you’ve raised including inheritance. For those, like you, who still own plenty of residential in your personal name, you can seek incorporation relief into such a company structure. If you qualify it washes away any capital gains liability and prevents you incurring stamp duty all over again. It may be possible to pass a going concern on to dependents but what grieving family is going to be in a fit state to take over a business they aren’t even involved in? If I were in your position James, I’d use SOME of that £250k (probably about £25k) to get all of the investment residential property into a suitable company structure, I’d restructure my businesses (entity-wise) so all of them are owned by a holding company, of which you establish smart share structures including growth and freezer, assigning the growth shares to a trust and the dividend eligible shares to your family. With the rest I would definitely look to acquire existing profit making businesses by asset purchase, moving any property they own into your property company. Growing your property and business portfolio. If I was not you (ie didn’t already own a significant business empire, you legend, I would definitely invest the £250k in property, commercial to residential conversion to minimise SDLT and utilise permitted developments, refinance and use the profit to do another project again… Sorry for the essay, but I find your content thought provoking. Thanks mate!

You will own nothing and be happy my old mate

Spoken like a true entrepreneur. Bang on the money. People think residential property is a way to easy riches but don’t even understand half the risk and pressures to turn a profit.

Interesting commentary as always and I think most of what you say is right. Back in the 1980s I traded some money I made in share options on the stock market. It was the best return I ever made. Like every business that needs focus but I knew a lot about the businesses I traded stock options in.

We use a hybrid, residential property with commercial style leases. None of the hassle, higher than market rents and we typically look to pull out a lot of the initial funds. Completely get it though, especially for those looking to buy just a few properties and stop there, unlikely to be worthwhile. There is a feeling with a business though I find where it could all just crumble tomorrow.

Hi James I think once the government changed the rules around the interest payments buy let is now a poor idea and let's face it in the UK the government is anti land lord / rent only because they can't build enough houses to cope with demand and they don't want the property investors swooping in helping themselves. Commercial or serviced accommodation is way better for the average go investor this is to much work or they don't want to learn. Any good entrepreneur has been doing it this way for a while. Great vid love to listen to your ideas and approach 🙏

Interesting conversation James- appreciate you sharing your point of view as always!

Why would you want government to use my money from tax to support ppl like you who have 3+ properties and make life for first time buyers worse?

I’m only concerned in the long term hold on BTL. Every 10 years pull out the equity.

Shopping centre for sale in Basildon 10 Million cash

Commercial property only. Residential property will be regulated more and more, especially if we get a labour government

Personally I don't like residential property being a business opportunity ethically if it simply drives property prices up for normal buyers. Think about the average property sale and rental price now for young people? It's ridiculously expensive. But if developers arent buying properties for buy to let it will bring inflated prices down as certain properties will go unsold as a large portion.of the people who can afford those prices wont be buying them. However this will also push rental prices up as there will be less options available. Whilst many made a pretty penny on this over the last 30 years, buy to let developers have made it unsustainably expensive for newcomers to the market unfairly. Im all for other forms of investment, but exploiting people for homes to live in? That for me was a road we should never have gone down as it's causing problems for a growing number of people now.

My plan is to sell my properties and buy a Lamborghini and enjoy myself until I find a new business we have the worst government there a bunch of clowns 🤡

Sadly a couple of land lords I know have had no choice, but to take the law into their own hands. You obviously don't want to lose thousands of pounds trying to get a tenant out, so it's better to give some heavies a couple of grand to do what needs to be done sadly. That's what it has come to know, they're no choice for a lot of landlords but to do this.

could be worth looking at EIS or SEIS investments, as you can get 30%/50% income tax relief, and then their is the Capital Gains Tax deferal element, not for all but worth considering 🤓

Can you rent through the government in UK on longer fixed contracts so its more hands off? I know you take a cut doing this over here (Ireland) but at least its hands off

I don't think it's reasonable to say you only get £100-£500 because the thing that's always ignored by investors is the equity in the house they're getting too. So either your mortgage is interest only in which case your margins are better or else it's a smaller monthly income plus the equity in the house. Plus what's been very consistent capital appreciation obviously too. Making the ROI case it's been an abysmal deal for people frozen out of the housing market that are stuck renting at a higher cost than paying a mortgage for less in return. So hopefully the recent changes free up some of the housing stock for first time buyers. Call BTL good business if you want but being a landlord on residential properties has been quite exploitative for far too long. It's a huge transfer of wealth that often adds very little value. Quantitative easing and a lack of supply has blown prices to silly levels relative to income. I'd argue that money going into businesses where investors such as yourself add significant value and create jobs should be much more lucrative than BTL where any idiot with capital can make money

Buying nursery day care centres is the same as buying any trading business 😮there is a whole lot more work involved than investing in property that an agent can manage for you

Yes agree our friends tenants had more rights then they did and they were good landlords

Property investment is dead !!! Until the price comes down and the yield goes way up above finance costs and for cash investors the yield has to be at least double what the banks are offering in savings rates for doing nothing and that yield would have to be minimum 10 percent

James i cant understand the government Constant bashing the landlord But when the landlords leave then the shit will definitely hit the fan

Would investing in Serviced accommodation considered as investing in a business

I've always hated those people who make the first comment.... oh.

Best of all go off shore banking, you will pay less tax mate..

If you know of any commercial properties for sale at 250 k with a 35 k rent in the south let me know!

Either way everyone will not get rich the same way, so…. DO YOU. Whatever works for you and your schedule.

Im hoping lots of landlords leave the sector too, its decimated the entry level housing market. Too many people who actually had access to capital completely took advantage and its destroying communities. Landlords have had it too good for too long at everyone elses expense.

Yea…. Not be long till all these streams are taxed as well … 🤔

Yes, about 6 years ago we bought five lovely flats in Wales and had a really really good three and half years. Then just before lock-down, a tenant moved in with excellent refs and did not pay his rent. We also had half rent during lock-down from another tenant, long gaps in tenancies; it has been awful. We are owed thousands in rent and now the Welsh Gov is bringing in the new contract. Terrible situation, we are desperately trying to sell them one-by-one (so we avoid capital gains tax of course). One flat's rent just about pays the mortgage on it. Terrible but IF we can sell them at least we have some capital gain. A stressful nearly three years.

Btl is dead. Gov gial is to remove orivate rental stock in favour of big firms (lloyds, john lewis etc) building big rental estates of social-ish housing (i coined a new term there)

Short term yes, long term disagree.

Every old-time landlord you speak to will tell you the same thing. Landlords are being hammered by tax and regulations left, right and center. Last year I had to apply to my local council for a "Landlord Licence" for a rental property. Another £500 tax for landlords, if I've ever seen one. BUT - I agree with the sentiments of many of the other comments below. BTL for residential for me is safer than buying a business, particularly if you're into diversification. Sure, it's a huge up-front investment, but one that will appreciate over time. When it comes to passing your business/assets to your children later in life, it's a lot easier for them to manage and maintain a property portfolio than run a commercial business.

PEOPLE WERE BASHING SIAM KIDD......NOW THEY'RE PRAISING HIM! 3% PER YEAR NET NET IS WOEFUL, LETS BE HONEST!

Roads are made, streets are made, services are improved, electric light turns night into day, water is brought from reservoirs a hundred miles off in the mountains - all the while the landlord sits still. Every one of those improvements is affected by the labor and cost of other people and the taxpayers. To not one of these improvements does the land monopolist contribute, and yet, by every one of them the value of his land is enhanced. He renders no service to the community, he contributes nothing to the general welfare, he contributes nothing to the process from which his own enrichment is derived…The unearned increment on the land is reaped by the land monopolist in exact proportion, not to the service, but to the disservice done. - Winston Churchill, 1909

This is a great video.

If you're not creating a new product/service i.e. building new property, you're not a businessman. If you're taking scarce resources to turn a profit then you're a just a knob

Bank of England Governor Andrew Bailey's bombshell warning that Britain faces a two-year-long recession may seem pretty sobering, but unfortunately it's probably understating how bad things could get. No matter what anyone says this is going to bad. I lost 33% and a 25% cash deposit when I had to sell in 1997. I had a child and wife and was drafted when a Royal Marine. There was no such thing as a buy to let mortgage and I was told by the bank I must sell and could not get another mortgage until I did. If you think this not going to be worse - you are either a fool or a con man (banker or estate agent). See the excellent comment below about QA that gave zero to the poor. The con men changed the rules about a year later in 1998. I would have got a buy to let mortgage but they did not exist. I missed it by 1 year.

Its rare that I disagree with your views James but in this case, there are some key points which you've missed. 1. it is possibly to buy residential with little or no deposit by correctly structuring the deal. (its how i built a portfolio of 100 with just a starting pot of £50k), meaning in turn, your return on equity / return on cash invested CAN be huge - even infinite! 2. there is an abundance of residential property around and being in abundance with anything you do is key to being successful. 3. My accountant once told me "never let the tax tail wag the dog" ie don't let the amount that you might pay dictate your strategy! 4. Commercial property is great, i love it BUT there is no inherent capital growth. That depends entirely on rents (whcih have taken a huge downturn in many sectors for the last few years ; covenant strength and lease term. Residential property rarely goes down in value like some commercial properties have (one of your recent videos featured a shopping centre now on market for

Buy to let for Refugees

Amazing video and thank you for breaking it down!! Despite the economic downturn, I'm so happy 😊I have been earning $ 60,000 returns from my $7,000 investment every 12days.

so hes complaining about doing nothing whilst living off the backs of others...whilst pushing up house prices as he's taking the property off the market...as there is no profit anymore...go and get a skill and work!

Andrew Tate could do a better job of running the country 😂

All my tenants are so good the government does not help landlords which means I have to pass on this problem to the tenant I don’t trust the government and I think we have the most miserable King

I’ve already voiced my own opinion read my previous comments

Roads are made, streets are made, services are improved, electric light turns night into day, water is brought from reservoirs a hundred miles off in the mountains - all the while the landlord sits still. Every one of those improvements is affected by the labor and cost of other people and the taxpayers. To not one of these improvements does the land monopolist contribute, and yet, by every one of them the value of his land is enhanced. He renders no service to the community, he contributes nothing to the general welfare, he contributes nothing to the process from which his own enrichment is derived…The unearned increment on the land is reaped by the land monopolist in exact proportion, not to the service, but to the disservice done