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UK Property Skool
89 members • Free
9 contributions to UK Property Skool
3d •
Mortgage or cash?
Hello, I’m looking to buy a house. I was going to buy cash, but I may buy cash and with a small mortgage like a £50,000 mortgage, renovate while live in it and then sell it when I’m finished. Any thoughts on this? It’s a dated bungalow that needs new kitchen, bathroom, a couple of dated arches doing something with, decorating and floors. I can professionally decorate myself though, so that will save costs. Could do with a garage on there too.
0 likes • 2d
@Simon Miller I don’t know how long yet it would take depending on the property and where the renovation money is coming from etc. That was helpful
0 likes • 20h
@Rob Rolston Does that mean get a bigger mortgage, use more cash for renovation, sell, take equity out for next and do it again? I’m not familiar with some terms
4d •
I’m off 💨 👋
To Spain 🇪🇸 😂 I’ll be radio silent here for about a week for family time, like I say, don’t do it at the expense of your why. Hope everyone is having a good week? What moves are you making?
1 like • 3d
@Simon Miller I am Yorkshire & Bristol
1 like • 3d
@Simon Miller I’m looking for a property now. May get a mortgage with it and then renovate while I live in it
22d •
First deal done
Hiya Rob, Can I have some more info on the mentoring, not sure if there is a promo video floating around??
1 like • 8d
@Rob Rolston How much is it? I’m going to live in the property and do it while I live there, so might not need this yet. I had a decorating business before, so I can decorate it myself. I think because I worked in construction that helps me too, but there’s still a lot to learn isn’t there.
1 like • 7d
@Rob Rolston I will take a look thank you
11d •
Why do we do things? 🔥 🎓
Humans are outcome based creatures. Why do I eat - to appease hunger Why do I build a chair - so I have something to sit on Why do we look for a partner when we are single - because we want connection Now. Why do you want property? - What’s your outcome? (And I want you to make me feel it, make it feel real, because if I can feel it then you definitely will 🔥) Let me know in the comments ⬇️⬇️⬇️
1 like • 9d
Enjoying the process and business is important to me otherwise I’m spending a lot if time doing something I don’t care about. Being excited about what I’m doing is important for me. I also enjoy being creative, which I will need to be and working with people/building relationships.
1 like • 9d
Transforming houses is the end product
13d •
What are you doing!? 🤯
Everything is a numbers game, a game of percentages. The more offers I make, the more deals I’ll do. The more viewings I do the more deals I’ll find. The more calls I make the more investors I’ll onboard etc. Do you have a weekly checklist, a ‘to do’ list to check off that’s moving you towards your destination? If not you should! What are you checking off today? Let me know! ⬇️⬇️
1 like • 12d
@Rob Rolston I want somewhere I love like I used to have. I now want to build wealth through business as well. I was going to do my own first and keep learning then think what I want to do next. I can either use my own equity or think about investors
1 like • 12d
Okay thank you
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