Property28! UK Single-Let Investing for Busy People

Tom plays Devil’s Advocate to ensure that property investment is right for you!

The mindset of the investor is the largest determining factor of success. Why be a property investor? What are your goals and dreams? Today’s lecture will help you determine and pin down your aspirations, providing you with the clarity needed to set and achieve your targets.

Explore the fundamentals of buy-to-let, covering everything from single lets to HMOs and more. Chris highlights both the upsides and the challenges, sharing personal experience.

Tom introduces a systematic approach to discover areas for investment. We start by having a look at the number of properties being sold within geographical regions.

Using real-world data, we continue to build out our analysis table, a quick and effective method that gives you the confidence to make more informed, better investment decisions.

Moving beyond raw numbers, Tom discusses practical means and things to consider to complete an efficient investigation of prospective goldmine areas so you can find the region that best meets your investing criteria.

Tom and Chris walk through the costs involved in purchasing a single let property, from stamp duty to solicitors bills.

What kind of cash flow can you expect? What are the ongoing costs? Chris and Tom discuss how to estimate income and what operating expenses a property investor can expect.

Chris conducts an internal property viewing taking us through all the fixtures, fittings, appliances and other important things you should look out for when conducting an inspection.

Learn how to inspect the exterior of a potential investment property. Chris talks through what you should look out for when conducting a viewing of a home.

How to prepare, what questions you should ask, and what strategies to use when contacting and speaking with estate agents.

What to expect when arranging a viewing with an estate agent, and how to make an offer after you have made the decision to purchase.

Chris and Tom encourage you to do a review of the course so far. We’d love to hear from you. Please send through any thoughts, feedback or questions you may have. Feel free to use the Udemy's Q&A system or message us directly with a Udemy private message.

There are no shortcuts, it’s probably going to cost more and take longer than you think, but here’s how to cost a refurbishment…

Chris provides you with an example of a property investment he made that didn’t go to plan. He runs through all the mistakes, the lessons learnt and how you can avoid them.

Getting a mortgage has become more difficult in recent years but Tom explains how with the help of a professional, the process itself doesn’t need to be overwhelming.

The good and the bad of investing in flats, a common target of new property investors. Chris talks about the things peculiar to flats that you should consider.

Chris has bought most of his properties via direct to vendor strategies and draws from his experience to explain the process, the positives and the negatives of this purchase method.

Buy a property for a low price and sell it at a high price in a short space of time, now there’s an idea…

Flips have the potential to generate significant amounts of cash. Learn the ins and outs of making a successful flip.

Infinite money glitch!?!? Buy a property that needs TLC for a bargain price, do it up on a budget and suddenly you have a property worth substantially more, against which you can borrow more cash. Sounds good in theory, so Chris has a look at all the moving parts and shows how to make it work.

Learn what should happen during a tenant changeover to get your property into a safe and presentable condition as efficiently as possible.

Should your rental property be furnished or unfurnished? Chris goes through situations in which a furnished home might be desirable, and looks at the potential drawbacks and hassles.

Having access to quality professionals, such as solicitors, accountants, letting agents and mortgage brokers, is very important, so building a team of dependable professionals is invaluable. But how can you build a team like this? Chris and Tom discuss how to build your own team.

It can be tough to find a good tradesperson as the best ones are often super busy. Tom and Chris talk about how they go about finding and retaining tradespeople, and the types of trades that you might need to deal with when managing properties.

In Part 2 we looked more broadly at single lets, considered various single let strategies and considerations such as costing refurbishments and understanding the conveyancing process. Now is a great time to brush up on anything you didn’t fully grasp before we move on to Part 3. We encourage you to contact us if you have any questions or thoughts.

Chris runs through the certificates you need to safely and legally rent a property out to tenants.

Do you want to manage the properties yourself? It can be a big time commitment, you need to be easily contactable, and there are a number of important legal obligations that need to be fulfilled.

An agent may be the answer to these problems, but naturally they come at a cost. Tom and Chris discuss these considerations, the advantages of self-management and how to find a good letting agent if you need one.

One of a new landlord’s biggest fears is (rightly!) a tenant who doesn’t pay. Chris explains how to mitigate the risk, and what to do if a tenant doesn’t meet their rent obligations.

Tom and Chris talk about how property investment has affected their lives for the better.