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• 
  @ashleyvanderpuye165813 күн бұрын

  Brilliant video, really informative 👍

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  @user-ew5fd2xu5x14 күн бұрын

  Really helpful 👍🏻

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  @chriswildey843014 күн бұрын

  I know you try to find properties that have long-term tenants in place, but would be interesting if you could do a video about commercial properties becoming vacant. I imagine commercial properties are harder to find new tenants, and would be interesting to understand your insights on the landlord being liable for business rates. Honestly, it is these aspects that worry me about investing in commercial property.

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  @StephenDuncombetv14 күн бұрын

  Yes they are the risks. I will do a video on those points at some point but I go over the details in my uplevel workshop. Waitlist is in description.

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  @bartoni7917 күн бұрын

  Do tenants always pay business rates or does the freeholder sometimes pay and incorporate into the rent?

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  @StephenDuncombetv16 күн бұрын

  Tenants should be the ones that pay the business rates. Otherwise a dodgy landlord could receive the business rates and not pay them.

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  @bartoni7916 күн бұрын

  I suppose if paid by the tenant in a long lease it also removes the issue of business rate rises as it doesn’t affect the LL

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  @drummingspain20718 күн бұрын

  Although the numbers may appear good as presented, let's face it, they're not realistic. There will always be some refurb costs, especially at this price point. Also, as the properties are flung all over the place, you'd have to allow for a management company, then ongoing repairs, possibly costs to bring them up to a 'C' rating, periods for un-occupation, cleaning / inventory at changeover etc. Not sure if 80% BTL is realistic, but many interest only motgages also carry hefty arrangement fees. Once all this is factored in, some of these deals no longer appear viable. It would be nice to see realistic and accurate budgeting. Otherwise, investors could be managing a large portfolio and not actually generating any income at all. Our money is for investing wisely, not viewing the world with rose-tinted spectacles.

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  @StephenDuncombetv16 күн бұрын

  I included all the numbers you need. If you’re refurbishing a property you would make sure it’s EPC C as a minimum. I was not advocating interest only mortgages in fact you should use repayment and own property debt free. It’s 75% LTV. Again if you have just refurbished a property it’s likely you will not have many repairs to do for several years. Thanks for taking the time to comment though.

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  @bartoni7919 күн бұрын

  Is it possible to get a commercial mortgage without owning a BTL first? Say if you put down 30% rather than 25%?

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  @StephenDuncombetv19 күн бұрын

  The deposit doesn’t matter. If you want to find out contact any commercial broker and ask them. 😀

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  @nishantth19 күн бұрын

  Is it not better to do in a ltd company so it saves capital gains ?

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  @StephenDuncombetv19 күн бұрын

  You can do that and pay company tax on the profit.

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  @mhermovsisyan51521 күн бұрын

  What legal structure are you using to invest in the US?

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  @StephenDuncombetv21 күн бұрын

  LLC

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  @paularowswell284026 күн бұрын

  Hi, can you recommend a broker/lender - who do you work with? Many thanks

• 
  @IncognitoIRL27 күн бұрын

  Thank you so much for this video! My partner and I are London based and branching out into the US and are trying to figure things out on our own so this is priceless coming from a Brit. Here we have Zoopla sold prices to know values and sold prices on a road, down to the door number. Can you do a video on how to find this out in America? Stumbling around Zillow trying to find this info atm. Also there are loads of rental videos, do you know much about flipping out there?

• 
  @lr256429 күн бұрын

  I really like your delivery. It's calm and easy to listen to. I hate property people who shout and use stupid phrases like 'wads of cash' etc....instant distrust for me.

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  @StephenDuncombetv29 күн бұрын

  Thanks, I appreciate the feedback.

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  @tomatobrush3283Ай бұрын

  Wow interesting to hear all the detailed costs like that and also that guests expect a 24 hour on call service. I wouldn't do that, just have an email address and that is all. Is that possible do you think?

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  @StephenDuncombetvАй бұрын

  Everything’s possible but you’ll get 1 star review if people have an issue and you cannot sort it quickly. 5 stars if you’re on your game.

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  @SerYoga1Ай бұрын

  Good man, thank you for sharing your knowledge 😊👍 Subscribed, will be waiting for more episodes 😊

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  @mikeroyce8926Ай бұрын

  In which city/town was this property? Or if you don't want to share, would you be happy to share in which county the property was?

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  @nc3990Ай бұрын

  Great videos! If I invest in properties in multiple states, will I need an attorney/accountant/realtor for each state etc and will this make the investment less worthwhile?

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  @StephenDuncombetvАй бұрын

  No you can have one accountant for all your investments. I used a different attorney but it’s per transaction so it’s no different to using different solicitors here. Realtors help you buy/sell property - again per transaction. I hope that helps

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  @sukhsranАй бұрын

  Great video..

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  @StephenDuncombetvАй бұрын

  Thanks I appreciate the kind words.

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  @Tim-ThompsonАй бұрын

  Best commercial property channel by far!!

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  @StephenDuncombetvАй бұрын

  Thanks Tim 😀

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  @sambuka10000Ай бұрын

  Iv just come into roughly 80k my plan was to put that into commercial straight away but now youve said we need to at least have 1 BTL property for experience. thats nipped my plans in the bud😂, what ill have to do now then is break that down into 1-2 BTL re mortgage or sell then go from there i suppose🤔 am i on the right track?

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  @StephenDuncombetvАй бұрын

  Yep getting your first investment property is important if you want to use leverage with commercial.

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  @Noor-kp1ybАй бұрын

  Stephen do you still run SA now in 2024 ?

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  @rikardsajeАй бұрын

  Really good information, what's the capital growth like in commercial property?

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  @StephenDuncombetvАй бұрын

  Location it’s important as land values will impact capital growth. The rental income also drives the value and so can be impacted quickly, if for example you get a higher or lower rent.

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  @manni192Ай бұрын

  I only own commercial property

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  @bouwah85Ай бұрын

  Me too❤

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  @bartoni7919 күн бұрын

  Did you own a residential BTL first?

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  @manni19219 күн бұрын

  @@bartoni79 No

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  @bartoni7919 күн бұрын

  @@manni192 which mortgage company / broker did you use? (If you don’t mind me asking)

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  @manni19219 күн бұрын

  @@bartoni79 didn't, bought it outright

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  @Barra32Ай бұрын

  Looking at breaking into the us market from the uk as you have. What advice would have for starting out in the us with no history there?

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  @StephenDuncombetvАй бұрын

  Find someone who has done it before and find out how to do it. There’s too much for me to say in a comment.

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  @davidcalvert-smith4633Ай бұрын

  Interesting video - I plan to move into commercial property in the not too distant future. In this market what interest rate are you paying for a A1 tenant? I’m finding the yields are pretty low for properties with really strong covenants. But I really need to get educated in this department

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  @StephenDuncombetvАй бұрын

  You'll find that the yield will vary by location, but you can find exceptions. I would be looking to get minimum 8% yield and you can still get great tenants such as the NHS on long leases in the south east at 10% yield but you need to spend more money on the property.

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  @EC-ge3doАй бұрын

  sounds good..what do you think renting your residential property to the council. cheers.

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  @StephenDuncombetvАй бұрын

  If the gross rent you make is the net rent you receive and you have no tenant hassles or concerns about legislation changes and there are future opportunities to manufacture growth either from capital appreciation of cash flow then it could be something to consider.

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  @noble4300Ай бұрын

  Great video, what’s the website you use to see who’s currently renting it and if it’s FRI?

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  @StephenDuncombetvАй бұрын

  My favourite website to find commercial property are Zoopla and LoopNet. RightMove is making a come back though with commercial but the search has limitations.

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  @FRESHLIVINGSPACEАй бұрын

  Good information

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  @StephenDuncombetvАй бұрын

  Thanks for watching 😀

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  @Wonderful_World007Ай бұрын

  thanks

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  @StephenDuncombetvАй бұрын

  You're welcome!

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  @luiselvis2059Ай бұрын

  Ola Stphen, are in interested in commercial properties in portugal? Seaside boomi g city Algarve?? Has a 15 yr lease with it

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  @StephenDuncombetvАй бұрын

  Not unless the cap rates are over 20%. I can buy 15 year leases properties in the UK and earn GBP and understand the market dynamics better here. The reward would need to outway the risk.

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  @tomatobrush3283Ай бұрын

  I am looking to buy first commercial and I could get a decent cashflow with my 150k but then Ill be left trying to save up again but then I could do another live in flip with 50k + loans and then have 80k left of investing in commercial but that doesn't go far. Should I go all in for cashflow and then save up again or should I do another live in flip?

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  @StephenDuncombetvАй бұрын

  You can still manufacture growth with commercial simply by putting a tenant in a vacant property. You buy it for £150k get a tenant that pays £25k+ in rent, the new value can then easily be worth £300k, you refinance at 75% LTV and go again.

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  @wonke-bo4fxАй бұрын

  Sounds good bro 🎉

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  @ChrisModenАй бұрын

  Another excellent video Stephen 👌🏻

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  @thomasbarnes4558Ай бұрын

  amazing video thanks

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  @Barra32Ай бұрын

  Hiya, whats the best way to purchase property in the US as a non-US citizen? As an individual or under a company name like here in the UK? And where would you start with in terms of lenders and securing financing?

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  @StephenDuncombetvАй бұрын

  I bought in a company name as it’s more litigious in the US. You cannot get finance until you’ve got at least 2 years tax returns.

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  @Barra32Ай бұрын

  @@StephenDuncombetv thanks, so whats the best way to generate tax returns if you’re not living in the US

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  @mpdesousaАй бұрын

  Great video! What software are you using for the HMO map?

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  @StephenDuncombetvАй бұрын

  I use Property Data - Split £150 credit 👉 propertydata.co.uk/r/wV31ZGK3

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  @nadiad68162 ай бұрын

  What about tax? Have you calculated that? You would have to pay tax now on the full amount of rent regardless mortgage payments, wouldn't you? Wouldn't you get into negative return? Thanks

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  @Stabila642 ай бұрын

  .....btw, I'm talking generally and realise a more detailing number game will be needed. My question was for quick assessment purposes. Thanks again.

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  @Stabila642 ай бұрын

  Stephen! thanks again for your continued teaching - you're very watchable. I just want to ask a question about qualifying a commercial to residential purchase...Is there a rule of thumb, or sum I can use for a quick assessment of something being a good deal....Say, is there a ratio I can use to show ideal difference between purchase price/per/sq/ft to end value price/per/sq/ft?...I'm asking because knowing the difference would tell me if it would cover rebuild costs and a profit...Many thanks!

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  @StephenDuncombetv2 ай бұрын

  Thanks for the kind words. There’s no ratio that would make sense across the country. Unfortunately at a high level, you need to analyse each deal on the local market price per sq ft/m for residential take of your conversion build cost per sq ft and then make sure you buy commercial below that per sqft and adding your profit margin.

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  @Stabila642 ай бұрын

  @@StephenDuncombetv Thanks Stephen!.....sorry, could you just explain the second part of your answer again? '...for residential take of your conversion build cost per sq ft and then make sure you buy commercial below that per sqft and adding your profit margin.' ( My plan is to do a commercial to residential conv.).

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  @Noor-kp1yb2 ай бұрын

  Is this still true in 2024

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  @StephenDuncombetvАй бұрын

  Do you think the expenses go down over time or up? Likewise the rent will go up over time. But essentially this is my experience, everyone sees things differently and what seems less attractive to some, is fine for others. Try it and see for yourself unless you feel there is a better way to make more money in a quicker time with less risk and less aggravation.

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  @cleopatra1082 ай бұрын

  Please lower the volume of the music I can barely hear 😢

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  @StephenDuncombetvАй бұрын

  Sorry about that, I am unable to edit the video once it's posted. You can turn on the subtitles and mute the volume if you prefer 😀

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  @jafarijones47502 ай бұрын

  If im a millionaire in Dubai and buy rental properties will they take income tax from me or jus taxes on the income I make in the us

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  @sambuka100002 ай бұрын

  Hey Stephen, would it not be worth getting a commercial property management company to manage the unit and the tenants, so you could just collect the rent and sit back? or is there a specific reason you manage them yourself?

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  @StephenDuncombetv2 ай бұрын

  I did get a management company to look after them! You can never sit back and relax with a management company unless the tenant and lease are right, and then you don’t need a management company.

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  @sambuka100002 ай бұрын

  @@StephenDuncombetv Cheers Stephen appreciate you getting back to me, so basically as long as you do your due diligence and have the right lease in place you can save yourself fees aha

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  @henrycartwright71242 ай бұрын

  Great list!

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  @paulopaiva81152 ай бұрын

  I have a commercial warehouse similar to this, I use half of it for my company and rent out the other half and it’s been 2 years but lately they have been paying late talking like 2-3 weeks they are starting to have liquidity issues

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  @leonhenry48612 ай бұрын

  Not your problem, get a solicitor to start to get them out, rather be out of pocket for a few months and get somebody that pays on time

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  @benjohnsmith782 ай бұрын

  Very informative video - obvious points made, but very true and helpful to know.

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  @StephenDuncombetv2 ай бұрын

  Glad it was helpful!

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  @MrsRebelliouz3 ай бұрын

  Great information!!

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  @lanagavin23093 ай бұрын

  This isn't true, you must be able to make more than £900 a year per property, or it wouldn't be so popular.

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  @user-gg1nf2vq1r3 ай бұрын

  1k profit per year? How do people manage to make money with SA then?

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  @khatil20003 ай бұрын

  Thanks, So you have to opt to tax all properties you are interested in at any auction? Even if you are unsuccessful with them? What if you are not vat registered at exchange of contracts (new SPV)? Does togc not apply?

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  @gordonadam70513 ай бұрын

  No nonsense or BS. I like him 👍

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  @michaeldark20923 ай бұрын

  so what was the actual results? what further issues did you encounter.? does the result match your spreadsheet?