Turn £100,000 into £1 million | Property Hub

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In this video we’re going to tell you how to turn £100,000 into a whopping £1 million!
We know that sounds extreme, but we’ve been pretty conservative with how we’ve done this.
We’re talk you through, step-by-step, the best way to invest £100,000 and for you to become a property millionaire!
If you’re here for more tips, check out our free Property Hub University course on ‘which property strategy is right for you’, here: propertyhub.net/course/which-...
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Опубликовано:

30 июл 2024

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Комментарии : 68

@YinusaSaheed 18 дней назад

Buying stocks might seem easy, but picking the right one without a solid plan is tough. I've been trying to grow my $100K portfolio, but the tricky part is not having clear plans for when to buy and sell. Any tips on this would really help.

@imohimoh3441 18 дней назад

The strategies are tough for average people. They're usually done well by experts with lots of skills and knowledge.

@KylianZander 18 дней назад

@@imohimoh3441 I agree. From my own experience with an investment advisor, I've got $1 million in a diverse portfolio that's growing fast. It's not just about having money for stocks; you need to know your stuff, stay determined, and be resilient.

@VioletJessica- 18 дней назад

@@KylianZander Mind if I ask you to recommend this particular coach you using their service?

@KylianZander 18 дней назад

@@VioletJessica- Victoria Carmen Santaella is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

@Margerat-x 18 дней назад

@@KylianZander Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.

@Amelia-Elizabeth 9 месяцев назад

Nobody can become financially successful over night. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals.

@middle-age-man Год назад

I did this around 20 years ago. I turned 50k into £2.8m approx.

@Sophie-kk3st Год назад

your are a luckier generation than us millennials, my parents aren't good at investing at all but they bought a few properties in the right city early on and are now sitting on some £££

@davidholgate123 Месяц назад

@@Sophie-kk3stNot really, there's never been more choice with mortgages, interest rates are a fraction of the rate we used to pay back in the day, there's more flexible mortgages, there's a lot longer terms on mortgages these days and you can even count your tax credits and benefits towards mortgage affordability these days... I'd much rather be buying property now than 30 or 40 years ago!... Also, my son has saved up a deposit and is buying his first property for his portfolio at just the age of 18 so there's absolutely no excuse.

@SK-vg3mw 29 дней назад

⁠@@Sophie-kk3stthere is always opportunity somewhere! Property overpriced, stocks overpriced, gold going nowhere for 20 years, but we have crypto, and it producing greater returns than anything before. When my kids will be my age they will be talking about my generation how lucky we were buying bitcoin before the Blackrock, central banks and sovereigns, but there will be opportunities somewhere else

@davidbowser2453 2 года назад

Good video but the £1M headline is slightly misleading. After 17 years assuming a conservative 2.5% inflation rate per year, it would be more like £600k in today’s money. Still not a bad return however.

@marky9117 Год назад

I love the videos, lads. We are upto 3x semi detached houses now as folk come and go too quickly in flats I find. One or two points worth mentioning though :- You don’t mention any expenditure although I’m guessing you’ve included a little in your net rental income calculation. Still though we’ve just had to replace a boiler in one of ours this week. That’ll be £2200 then. That’s about half of the annual net income from that house. 😳 Also you should mention the risk with remortgaging upto the max. If prices do drop and you’ve remortgaged at 75% LTV, in two years time when you’re looking for a new deal, you could be in negative equity. Then you’re stuck on a variable rate unless you can pump some of your own money in. Great vids though as I say and after dawdling about for a few years with one rental, we have added another two in 2020. Thanks for the insight. 👍🏻

@ellerose2216 Год назад

Thanks Rob and Rob! What do you think about having agencies manage your properties for a hefty cut?

@maxraymond2256 2 года назад

Nice video Robs. Are you taking into count the rental stress tests in this equation? As you remortgage at a higher rate you'll need a higher income of rent to cover this. My east London BTL is now max'ed out at a ltv of 50% because the rent hasn't gone up much over 8 years. I've love to borrow more on it but can't. Keep up the good work. Cheers Max

@The2107Ng 2 года назад

Great video, power of compound

@davethewave822 2 года назад

Like the basic nature of the sums but... If you buy the first property for 165 and it goes up in value to 218 in the first round...the properties you are looking to buy will be 218 rather than 165 and over 17 years I doubt there will be property around at those prices as its effectively the low end of the standard market now. I love the podcast but I feel the sums could be explained a tad more exactly/in depth with a longer more accurate outcome....this seems very generalist and almost selling a lifestyle rather than in depth property assistance/advoce which you provide on the podcast

@PropertyHubUK 2 года назад

Hey David - thanks for the feedback! We wanted to make this video as general as possible so it could apply to as many people, but we'll definitely take this advice on board for the next video :)

@growyourwellbeing Год назад

Thanks for the really useful vids, been binge watching them and subscribed. Can I offer one bit of feedback/ask - your 'endscreen' video is up for longer!! Blink and you miss it! So put it up maybe 10s before vid ends so you get more people (inc me!) continuing to watch and not having to rewind and hover for it to pop up 😂 super useful content though - will keep watching!

@LifestyleWithSofia 6 месяцев назад

Great I’m on it starting from today 😊

@TobyAbbott-p2l 29 дней назад

Hi guys - do you have an Excel model that you make available as a resource to show this example and that allows us to play around with the parameters (net yield, rental growth, LTV etc) to see what difference they make over the long run? Thanks, Toby

@bengaldelta9317 Год назад

That’s really lovely n inspiring guidance. Thanks ❤️❤️❤️

@PropertyHubUK Год назад

Glad you enjoyed it!

@robertkingdon712 2 года назад

Thank you Rob & Rob, great content as always (great names also;). Do you recommend purchasing the properties via a limited company or not?

@PropertyHubUK 2 года назад

You're welcome Robert! Purchasing through a limited company is of benefit to some investors, and unnecessary for others. If you're considering it, just make sure you're aware of the different costs associated with limited company lending, and all the extra steps required when buying through a limited company.

@yourmum997 2 года назад

Hi Rob & Rob, hope all is well. I really enjoy the videos; keep up the good work! I have a question regarding investing up north; all my properties are in London and the one concern I have about investing up north is the property management. How do you overcome this hurdle?

@PropertyHubUK 2 года назад

Hi Abraham! The fear of investing further afield from your own home is a common one, but The Robs covered how to combat it on this episode of The Property Podcast. It explains how to be a remote investor... propertyhub.net/podcast/remote-investing-what-you-need-to-know/

@zeea6507 2 года назад

Possible but hard in reality. Is this interest plus repayments? Also BTL Tax. Mortgage lending criteria/affordability etc

@TheDanshreddies 3 месяца назад

I have the money, but I still don't know how to get started. How do I know what houses to buy? etc.

@gillianvalentine2161 2 года назад

Hi Rob and Rob - thanks for sharing! Are these interest only mortgages?

@PropertyHubUK 2 года назад

Hi Gillian - yep, we've used interest only mortgages here!

@MegaPrimalinstinct 2 года назад

Good simple explanation I can show my wife. Trying to Explain to her why property is still a food investment. I currently have 100k per year available to spend on property. I need to work for it so planning to invest 100k a year into property + that will grow more from rental profit.

@PropertyHubUK 2 года назад

That sounds like an amazing plan for your future! We're sure you'll smash it!

@thomasfleming3893 2 года назад

Hi Rob and Rob, I currently own my first home on a 2 year fixed mortgage. I’ve been in it for nearly a year now and am looking to rent it out whilst moving into a newer property. Do I try remortgage after only a year or is it too soon? What would your advice be?

@PropertyHubUK 2 года назад

Hi Thomas - if you send this question into Rob & Rob at this link, they may be able to answer it for you on an episode of Ask Rob & Rob; propertyhub.net/ask/

@olivermarples7869 2 года назад

Would it not make more sense to purchase a single house for 330k or even a commerical unit. Same outcome, same yeilds less headaches and less fees ? In fact with commerical there is less competition and the yeilds are higher that residential...

@PropertyHubUK 2 года назад

We've focussed primarily on residential landlords for this example, but the commercial unit is an interesting suggestion!

@MD-kv2gc 2 года назад

Thanks for the content guys - enjoyable and informative as ever. Nice. One question - in my financial models I am conscious that at year 5, when buying the next two properties ... surely they won't be £165k? They will also be £218k or otherwise you are buying something that needs value adding or is in an as-yet-untapped hotspot ... This then makes a pretty significant impact on when/how much you can buy. (If I've misunderstood, please let me know as this would have a very positive effect in my models 👍)

@patrickgallagher8886 2 года назад

My understanding of the "equation" is that yes your next properties will be in the next hotspot as were your first ones. Obviously this depends on there being a just a hot next hotspot but you cant predict exactly what will happen later on. There is a risk to everything, but you need to decide if that risk is worth taking. Worst case you just sell up early and cash in whatever money you have made and go down a different route...

@seagull8415 2 года назад

Hey im 42 and due to inherit between £120 and £150k. I currently rent and want to buy my own home. What would be your strategy to invest to retire as early as possible from a passive rental income? Put it all into my house to minimise the mortgage and the. Save for a rental or two to live off the rent. Or go straight to buy to let? Im not interested in hitting 1m just being able to clear my mortgage and live off say £1k a month

@PropertyHubUK 2 года назад

Hi there! It would depend on how much you have to pay off of your own mortgage? And also whether you're happy using leverage, because if you are you could use your inheritance to buy at least two BTLs to create a steady cash flow and passive income for later in life.

@ipprp7898 2 года назад

Can you make a video of let to buy?

@PropertyHubUK 2 года назад

It's maybe too nice a strategy for us, but keep your notifications on for our channel and you'll see if we ever do one in the future!

@yomiade9395 5 месяцев назад

So how does one turn £1m pounds into tens of millions - property development may be ?

@sarahmarland372 2 года назад

Is this assuming a interest only loan or capital repayment loan?

@PropertyHubUK 2 года назад

Yep, it's using interest-only mortgages :)

@sarahmarland372 2 года назад

@@PropertyHubUK great, thanks for clarifying, I appreciate it :-)

@megaman2016 2 года назад

What if prices go down?

@PropertyHubUK 2 года назад

If you're talking about property prices, if you look at the 18 year property cycle, you should always just hold out as the property will always eventually increase in value :)

@transformyourwealthandheal8555 2 года назад

Love your stuff guys! I realise this material is generic and you know all about this kinda thing but I don’t think you made enough of a distinction between ‘rental profit’ and ‘rental income’ here and the fact that you would have to have 125% rental income to mortgage cost ratio also. Plus tax issues with buying within your own name make it potentially difficult to make a profit also nowadays at all. If you switch to limited company mortgages of course the costs go up on the mortgage making profits less likely so this scenario is not so straight forward as it is presented. Good luck with your new ventures. 👍

@PropertyHubUK 2 года назад

Thanks guys - as you've said, we tried to keep the material fairly generic so it can be applied to as many situations as possible, so some of the nitty-gritty details may not have made it. But we'll keep that in mind for the future :)

@METALFREAK03 2 года назад

LLP companies are better

@patrickgallagher8886 2 года назад

@@METALFREAK03 Care to elaborate on this? I am looking to kick off my first investment purchase this year so interested to other peoples opinions and reasonings. As a note, everyone else I personally know doing this is operating through a Ltd company.

@luyan5405 2 года назад

The only problem is hard to get 7 mortgages

@andrewfallon2719 Год назад

It’s not hard...I got 3. I could have another by year end.

@ryanoverton7707 9 месяцев назад

I think you’ve miscalculated your numbers here. You’ve spent 5 years owning around £1m in property and only made £37k in rental income?

@ryanoverton7707 9 месяцев назад

I think you’ve listed the yearly income and not multiplied it by 5 for each year. Please someone explain if I’ve got this wrong.

@ayak6317 2 года назад

That’s tooo slowww

@JM-tm4hb Год назад

This is like telling a boy age 12 how to find a good wife 17 years later when you are 27. Too much can change in your life to make such long term predictions.