Done 7 live in flips now but no kids :) works for me but it is hard work... would love to be confident enough to try other methods.... but it it ain't broke don't fix it comes to mind. Top stuff Jay!
I messaged you 2 years ago about a 11 bed hmo in Gloucester Samuel but you didn't reply. Could have been changed to 4 flats £325k and was bringing in 50k a year in rent
@@H-yn4xd everyone says this sh!t. I've just has a quote for a single storey 4 meter by 4.77 meter rear extension, flat roof with a lantern and bifold doors for 22k not far from Gloucester
hi when you said you dont pay tax if you live in the house do you no what's the minimum length of time is you need to live in this for this to qualify thanks very much .
Good video but if he rents out and in if owns in personal name then with s.24 and if in the higher tax income threshold that rent would taxable at 40%. Dead money.
Not planning on renting it out, it's in my own name. Will refinance in a few months and pull out around 20k, keep living there and invest in the next one
@@JayRides94 hey Jay. I'm in Gloucester myself. Got a BTL and trying to do a flip. I would love to connect with yourself! As soon as I saw the video I was like I have to recognise where this is!!!