How I Bought a Block of Flats - Full Investment Behind The Scenes

In this video I explain how I just bought this block of flats and give you a behind scenes detailed look at the full investment.
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I found 2 possible new residential investments and I wanted to show you the entire process from start to finish on how I would view the properties, what questions I would ask the agent/landlord, what my return on investment strategy is and most importantly, how do I structure the deal. This is a full breakdown behind the scenes video on how I bought a block of flats.
#propertyinvestment #property #business

Пікірлер: 86

  • @kierancooper2972
    @kierancooper29722 жыл бұрын

    Great Video once again James, such an underrated channel

  • @Timaldo8
    @Timaldo82 жыл бұрын

    Very insightful video, the value of having experience and a great team in the background.

  • @pepeyogan1
    @pepeyogan12 жыл бұрын

    Love this video! Getting bored of so many "similar" property channels - subscribed!

  • @naya786_5
    @naya786_52 жыл бұрын

    Great video James. Please keep doing more of these type of videos. 👍🏼

  • @ClarkTwinz
    @ClarkTwinz2 жыл бұрын

    Great video mate, what an amazing deal 🏠🙌🔥 keep these property videos coming all day longggggg

  • @mattclark7634
    @mattclark76342 жыл бұрын

    Well done 20% + is amazing!! i put 85k cash into a 3 bed semi buy to let in Bury St Edmands and i thought my 10% roi was good, i am new in property, hope in a couple years to be doing bigger deals like these, love your videos James, i am from Essex but moved out to Suffolk

  • @connorw808
    @connorw8082 жыл бұрын

    Awesome how u show the workings out. 👏🏻👏🏻

  • @JustinWilkins
    @JustinWilkins2 жыл бұрын

    Very insightful James, great to see your thought process!

  • @payslipsonline4348
    @payslipsonline43482 жыл бұрын

    Great video. Thank you for all this knowledge

  • @Philxxxxxx
    @Philxxxxxx2 жыл бұрын

    Brilliant another corker! I’ve been so inspired by these videos and podcasts I’ve just completed on my second industrial property it came with a tenant only 10% ROI though so that’s a bit sloppy I must try harder next time! Thanks for the great content 👍👍

  • @davidtennyson452

    @davidtennyson452

    2 жыл бұрын

    I'm sure if you follow James advice you can increase that ROI easily.

  • @JamesSinclairEntrepreneur

    @JamesSinclairEntrepreneur

    2 жыл бұрын

    I just realised I missed a few corker bits of detail on this video. 1. The stamp duty was only £500 as the LTD company share value was £100k - huge saving, thus increasing ROI. - I could of acquired this property with circa 70k of cash if I wanted to, i chose to put more in to reduce the interest on the loan. Thanks

  • @lazycarper7925

    @lazycarper7925

    2 жыл бұрын

    @@JamesSinclairEntrepreneur how did you get to meet the seller?, most estate agents avoid this at all costs ??

  • @Andy-wp6lj
    @Andy-wp6lj2 жыл бұрын

    Thank you James! Love your business content but dumping our excess profits into property is the way to go at the right price & ROI. More content like this please. Thank you 😄

  • @Cablesmith
    @Cablesmith2 жыл бұрын

    Excellent explanation of ROI 👌🏼 and a great investment

  • @lockproperties5923
    @lockproperties59232 жыл бұрын

    Very informative and inspirational how you do business. Good luck I'm sure you may surplus that valuation of 950k ROI will be very nice

  • @nicholasnichola4922
    @nicholasnichola49222 жыл бұрын

    Excellent content as always.

  • @shomcotter
    @shomcotter2 жыл бұрын

    This was wonderful :-)

  • @talagurazzz8479
    @talagurazzz84793 ай бұрын

    great video thank you so much

  • @prestonmcgurk4772
    @prestonmcgurk47722 жыл бұрын

    Top man James love your videos 😁

  • @benjaminbowles9702
    @benjaminbowles97022 жыл бұрын

    Great work on 5x that 3.75% return from Option A with the deal you made for Option B 🚀

  • @hearmenow909
    @hearmenow9092 жыл бұрын

    This content is good enough to be on a TV channel.

  • @JamesSinclairEntrepreneur

    @JamesSinclairEntrepreneur

    2 жыл бұрын

    Have you just found the channel?

  • @rajberisings
    @rajberisings Жыл бұрын

    Just came across your channel James and this project - what end value did you get? Did you split the title to increase the value? How have the interest rates affected the cashflow (you probably fixed the rates?) Sorry for all these questions but it's what I do as co-editor of YPN magazine. Thanks

  • @omeramian3773
    @omeramian37732 жыл бұрын

    Love it!

  • @bevansmith3210
    @bevansmith321011 ай бұрын

    Hi James, please make a video on how you raise the finance for all your properties/businesses and how you are able to live with all the debt? :)

  • @arminass1681
    @arminass16812 жыл бұрын

    Damn, this was GREAT

  • @Fabianbarahmeh
    @Fabianbarahmeh11 ай бұрын

    brilliant mate

  • @redmidigit8995
    @redmidigit89953 ай бұрын

    Like the cut of your jib James. I know it 2 years ago , but how did this turn out. Subscribed btw

  • @robmason320
    @robmason3202 жыл бұрын

    And nice bit of MDR to cut the SDLT, Brucie bonus.

  • @JamesSinclairEntrepreneur

    @JamesSinclairEntrepreneur

    2 жыл бұрын

    No Sir. It’s better than that. The stamp was just over £500 as I bought the company, the share value was circa 100k at .5%

  • @robmason320

    @robmason320

    2 жыл бұрын

    @@JamesSinclairEntrepreneur - great stuff James, forgot about buying the company. Very rare to find that situation, certainly makes the deal even sweeter. Good find, im inspired.

  • @LovePetsDaily
    @LovePetsDaily2 жыл бұрын

    Great video feels like the revolution of homes under the hammer haha

  • @JamesSinclairEntrepreneur

    @JamesSinclairEntrepreneur

    2 жыл бұрын

    Thanks Sean! That truly is a compliment!

  • @Gazjonesproperty
    @Gazjonesproperty2 жыл бұрын

    interested in this one,, did you do the new vid?

  • @remstarsezso4135
    @remstarsezso41352 жыл бұрын

    I've been watching Grant Cardone for a while and been trying to find a UK focused multi property investor for some time. Could you please provide links to other content you have on this subject?

  • @harper07harper
    @harper07harper2 жыл бұрын

    James when you talk about resi tax.. What do you mean? I am looking to grow a b2l portfolio using a ltd company.. I'm aware that is a better option? I would rarther get into commercial though..

  • @rogersmchughrecruitment9566
    @rogersmchughrecruitment95662 жыл бұрын

    Great video as always. Quick question do you have 1 ltd company for all your property deals? Or do you put them in one of your other businesses ltd companies as assets?

  • @JamesSinclairEntrepreneur

    @JamesSinclairEntrepreneur

    2 жыл бұрын

    Multiple companies depending on the deal. In this case I bought the company that owns the property due to stamp duty savings.

  • @rogersmchughrecruitment9566

    @rogersmchughrecruitment9566

    2 жыл бұрын

    Great thanks for letting me know. Just for a bit of context, I own a recruitment agency. Been trading just over 12 months. If I was to buy an office for us to trade out of (we are renting at minute) would you just do it through the current trading business or set up a second ltd company to purchase it and then rent it to my rec biz? Cheers

  • @elliotpollard9083

    @elliotpollard9083

    Жыл бұрын

    @@JamesSinclairEntrepreneur Do you have one holding company or are you just a director of multiple companies?

  • @elliotpollard9083

    @elliotpollard9083

    Жыл бұрын

    Great video btw!

  • @amankataria1997
    @amankataria19972 жыл бұрын

    Great insightful video James! How do you build connections for off market deals?

  • @JamesSinclairEntrepreneur

    @JamesSinclairEntrepreneur

    2 жыл бұрын

    This was a case of viewings. It wasn’t off market, I found this on Rightmove.

  • @Learnbookkeepinguk
    @Learnbookkeepinguk Жыл бұрын

    Hello, could you mentioned what was a stamp duty please

  • @Aylaun84
    @Aylaun842 жыл бұрын

    What sort of mortgage epild you get on this? Standard btl or hmo

  • @discopot
    @discopot2 жыл бұрын

    Option B I hope

  • @DH-zp7bc
    @DH-zp7bc2 жыл бұрын

    Making more hay from more rabbit clutches isn't inspiring. Something gonna have to give in the UK. I guess there's a push to go paperless so we can sleep in the unoccupied filing cabinets.

  • @JamesSinclairEntrepreneur

    @JamesSinclairEntrepreneur

    2 жыл бұрын

    Sorry, I miss your point here?

  • @JamesSinclairEntrepreneur

    @JamesSinclairEntrepreneur

    2 жыл бұрын

    Well I get that but I also think if you look at flats from 50 years ago there’s a marked improvement. I firmly believe that me investing in property has been the sole reason I have stayed in business and that has allowed me to employ 1000’s of people and stay in the game. In addition I think the UK is one of the best countries in the world to live; with some of the best living standards.

  • @DH-zp7bc

    @DH-zp7bc

    2 жыл бұрын

    @@JamesSinclairEntrepreneur Thank you for replying James. Thank you for your transparency. I admire what you do. What you don't know about business doesn't seem worth knowing, you break things down so they are easy to understand. I may come accross as a troll that is not my intention. I have little to no idea what it's like now. However, I don't believe entrepreneurs of today in general are on the same level as those in bygone ages. John Healthcoat as an example. Had a lot of his lace machines destroyed in the Midlands. Not only did he move his operations to Tiverton, he took his workers with him and built houses for then. He wasn't the only one that did that. Who does that now? I like the fact you do things in house. I like the you seem to have empathy for your staff. We have to be grateful for you James and all that you do. We are all dependent on entrepreneurs to pull us up. The higher you go the higher the rest of us go.

  • @cosimavonliebenau8317
    @cosimavonliebenau831711 ай бұрын

    Your mind is a calculator. Amazing

  • @andyportbury1841
    @andyportbury18412 жыл бұрын

    I can only echo the other comments! Another fantastic video. Out of interest, so did you buy the ltd company and thus avoid the stamp duty?

  • @JamesSinclairEntrepreneur

    @JamesSinclairEntrepreneur

    2 жыл бұрын

    I did buy the LTD company and annoyingly left that key piece of info out. Our commitment to get content out means I missed the final edit of this. My stamp duty was worked out on the share value which was circa £100k; so .5% of that = £500 stamp duty. Huge savings.

  • @andyportbury1841

    @andyportbury1841

    2 жыл бұрын

    @@JamesSinclairEntrepreneur wow that is some saving. Love stuff like that, something a lot people don’t realise!

  • @RichardArblaster
    @RichardArblaster2 жыл бұрын

    Great video 😎

  • @Cablesmith

    @Cablesmith

    2 жыл бұрын

    What the hell you doing here 😂

  • @RichardArblaster

    @RichardArblaster

    2 жыл бұрын

    @Cablesmith Electrical are you stalking me? 😆😆😆

  • @Cablesmith

    @Cablesmith

    2 жыл бұрын

    @@RichardArblaster you know it 😂

  • @RichardArblaster

    @RichardArblaster

    2 жыл бұрын

    @Cablesmith Electrical I always knew you were my no 1 fan 😆😆😆

  • @auslander1026
    @auslander102611 ай бұрын

    @0840 fast forward to 2023 and base rate went to 5.25% ...

  • @danbradbury4067
    @danbradbury4067 Жыл бұрын

    Great video

  • @JamesSinclairEntrepreneur

    @JamesSinclairEntrepreneur

    Жыл бұрын

    Thanks Dan. How are you?

  • @danbradbury4067

    @danbradbury4067

    Жыл бұрын

    @@JamesSinclairEntrepreneur doing great. Just away in Venice on an Easter break with the kids!

  • @krisjenkins4167
    @krisjenkins41673 ай бұрын

    Was there another video for this? Also on the video that got me here you mentioned you only paid £500 stamp? I am aware if you have 6 dwellings in 1 purchase it qualifies for commercial stamp duty rates which are cheaper. Just wondering how you got it to £500?

  • @j.j.911
    @j.j.91110 ай бұрын

    “Do you like Rossi’s?” Cut.

  • @alankeane4059
    @alankeane40592 жыл бұрын

    Just a question block A, 1.3 million wasn't for the freehold of the block ? Just the flats of which 3 was owned by other people?

  • @JamesSinclairEntrepreneur

    @JamesSinclairEntrepreneur

    2 жыл бұрын

    It was a share of the freehold. So each flat owns a proportion of freehold. In the edit that info was cut.

  • @alankeane4059

    @alankeane4059

    2 жыл бұрын

    @@JamesSinclairEntrepreneur really for it to work you needed the overall control of the freehold then you would be in control. Having the full freehold you probably would have been able to put another block on the car park. I think being able to put something on the car park was the key to that block. Alan

  • @mattclark7634
    @mattclark76342 жыл бұрын

    Hi James may i ask your advice please, i have a freehold 2700 sq foot warehouse with 2000 sq foot yard in Halstead Essex. owned for 3 years brought £240,000 now worth £325,000-£350,000, fella few doors down things next year price will drop, i do not think so as lack of small units and lot places getting sold out to put homes on, where do you see prices going over the next year and five years pretty please????

  • @JamesSinclairEntrepreneur

    @JamesSinclairEntrepreneur

    2 жыл бұрын

    I think small industrial units in essex are like gold dust. Markets go up and down, I see property as a long term game. If you think decades you’ll be fine IMO.

  • @mattclark7634

    @mattclark7634

    2 жыл бұрын

    @@JamesSinclairEntrepreneur Thanks James, I am thinking too small! Thank you x

  • @Noscrapsinmyscrapbook
    @Noscrapsinmyscrapbook11 ай бұрын

    Why not use an estate agent? Do you really want to be managing the rentals yourself?

  • @adamhardy8690
    @adamhardy86905 ай бұрын

    Word of caution. Things always seem plain sailing in these types of videos. Development finance is highly expensive and risky. That lady had no tenants, I find it hard to believe that is just because she couldn't be bothered with tenants. The area and building may not be the best and the type of tenant in that area also.I doubt very much he will achieve the £950k valuation from £650k. Banks always undervalue anyway. The fact the flats are all on one title suggests that there will probably be a lot of work, not only legal, in establishing tthem as searate flats such as with utilities electrics etc.

  • @newwave6404
    @newwave6404Ай бұрын

    Good video but why does he sound like Tyson fury

  • @julianchamberlain5399
    @julianchamberlain53992 жыл бұрын

    Why do landlords not see tenants as customers?

  • @JamesSinclairEntrepreneur

    @JamesSinclairEntrepreneur

    2 жыл бұрын

    I absolutely do, it’s the best way to think.

  • @stephenbaxter3369

    @stephenbaxter3369

    10 ай бұрын

    @@JamesSinclairEntrepreneur I agree 100%.

  • @jeztickles4361
    @jeztickles4361 Жыл бұрын

    Wonder if this guy loves anyone else? Or just loves himself?

  • @krisjenkins4167
    @krisjenkins41672 жыл бұрын

    £15k left after £65k rent?

  • @JamesSinclairEntrepreneur

    @JamesSinclairEntrepreneur

    2 жыл бұрын

    Profit after mortgage, tax and all costs.

  • @krisjenkins4167

    @krisjenkins4167

    2 жыл бұрын

    @@JamesSinclairEntrepreneur hi james yes i understand that element, just seems an awful lot of costs. Im comparing to a small block i own that gives £21k after costs, on rent of 28,800. Or are your costs inclusive of a refinance to pull your cash back out? Ps i only discoverd you this week have been hooked on your videos all week! :)

  • @JamesSinclairEntrepreneur

    @JamesSinclairEntrepreneur

    2 жыл бұрын

    @@krisjenkins4167 I’m a higher rate tax payer so it’s representing my net net position. The mortgage is 3250 PCM ( Cap and int) £39k a year Leaves 24k After all costs I still stand by my 15k. I appreciate I am paying the capital down and this is profit but in reality I really do t think people factor in all the costs; I have a lot of property and there is always hidden costs.

  • @JamesSinclairEntrepreneur

    @JamesSinclairEntrepreneur

    2 жыл бұрын

    Glad you’re loving the videos, thanks for watching

  • @bensalter7997
    @bensalter79972 жыл бұрын

    Sorry for what I did.

  • @JamesSinclairEntrepreneur

    @JamesSinclairEntrepreneur

    2 жыл бұрын

    What did you do?