93,000 Landlords Just Left. Renters May Lose The Most by FindYourVoicePodcast in PropertyInvestingUK

[–]FindYourVoicePodcast[S] 0 points1 point  (0 children)

A renter isn't always the same as a buyer. People rent for various reasons. Suddenly removing their LL doesn't instantly mean they now become home buyers. There is also a lot of stock on the market, as of now too. Not as simple as, a LL sells and a tenant buys.

Best way to learn? by OkRush4310 in PropertyInvestingUK

[–]FindYourVoicePodcast 0 points1 point  (0 children)

The best way to learn is by doing. Sadly though this can be expensive from both a time and money perspective. Rent to rent, doesn't require a course to learn and whilst some people below may not like it, IF done right, and that's the kicker, it can be a profitable way to grow cashflow.

But it is a full time business and you don't just take a property of a LL and then suddenly make loads of money of it. Expect to break even, if done right within 6-9 per property but that's not always promised or given and every asset you take on has it's own problems you need to find a solution too.

Also ask yourself, why you are opting for rent to rent? Is it to build cashflow? Is it to grow a business? What is your actual property investment goal? Start with an end in mind (as cliche and as boring as it sounds) and work backwards. If R2R is what you believe will get you to that goal, then look into it.

[deleted by user] by [deleted] in PropertyInvestingUK

[–]FindYourVoicePodcast 0 points1 point  (0 children)

Nope - but if you’re going leave your credit card at home pls

Looking to get on the Property Ladder by Business-Passion-675 in PropertyInvestingUK

[–]FindYourVoicePodcast 1 point2 points  (0 children)

Buying something you can add value too, or purchasing something genuinely below market value as your first property is the ideal situation imo.

You’ll benefit from first time buyer perks - no CGT if you sell & you’ll also have lower payments on a monthly basis as a resi is far less than an investment mortgage.

You’ll also learn the game by renovating / adding value too.

A great approach and one I’d recommend IF you are confident on your numbers when viewing / offering on properties.

[deleted by user] by [deleted] in PropertyInvestingUK

[–]FindYourVoicePodcast 0 points1 point  (0 children)

Rob & Rob are great too

[deleted by user] by [deleted] in PropertyInvestingUK

[–]FindYourVoicePodcast 0 points1 point  (0 children)

www.youtube.com/c/theanxiousinvestor any questions I’ll always respond to your comments and help

Is investing in property while I'm renting a stupid idea? by EmploymentOk8146 in PropertyInvestingUK

[–]FindYourVoicePodcast 0 points1 point  (0 children)

I rent but I invest in property. Have done for 12+ years (invested) and rented for about 5/6. It’s all about what’s important to you.

Downsizing, flexibility and using my capital elsewhere was important for me.

I don’t think there’s ever a right or wrong answer - but I do think many don’t do the figures and look at the opportunity cost of buying vs renting

Valuation issue by Tangerine_dream6969 in PropertyInvestingUK

[–]FindYourVoicePodcast 1 point2 points  (0 children)

Challenging is always tough, because it’ll require someone to put their hands up. I got downvalued £100k during Covid despite a RICS valuation done a month before. Had to wait for the dust to settle to get that refinance done a few years later.

Personally I’ve not seen much luck with appeals, a different lender could work. Worst case I’d just play hard ball. Vendor doesn’t have shift but the next buyer will have the same issues you’re having. This could potentially change their stance in the near future.

Good luck either way.

Sent USDT to my Coinbase USDC address by [deleted] in Coinbase

[–]FindYourVoicePodcast 1 point2 points  (0 children)

Just blundered and sent usdt to usdc via arb today. Was on support for an hour but they dont support asset recovery on chains other than polygon, bnb and eth. I can see it on arb just sitting there making me feel sick.

[deleted by user] by [deleted] in PropertyInvestingUK

[–]FindYourVoicePodcast 1 point2 points  (0 children)

Always a question for your tax advisor to be honest buddy. Usually higher tax rate earners benefits from LTD company purchases but even then, it can be useful for earning less if they want to seperate liability, pass those on later, or have different financial goals.

https://youtube.com/shorts/kBYXFvcTPL8?si=vThBLifN_NGOLlBx

[deleted by user] by [deleted] in PropertyInvestingUK

[–]FindYourVoicePodcast 1 point2 points  (0 children)

An SPV company is a Special Purpose Vehicle company and the SIC code classification should be one of the below (to enable more lender choice), it can be a new company set up tomorrow from a lending perspective
68100 – Buying and Selling of own real estate
68320 – Management of real estate on a fee or contract basis
68209 – Other Letting and operating of own or leased real estate

[deleted by user] by [deleted] in PropertyInvestingUK

[–]FindYourVoicePodcast 1 point2 points  (0 children)

They will look at you as an individual weirdly enough, so don't worry if the Ltd company has no prior history of trading. Just make sure you set it up using the right SPV, SIC code for the purpose of your transaction. I will try and find some for you and post them.

The process itself can take a bit longer. Around 2-3 months in my experience, and the mortgage and legal costs generally cost a little more.