Samuel Leeds
Samuel Leeds
@samuelleeds·600K subscribers·3.6K videos

What is happening with MY CASTLE? | Q&A SUNDAY

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April 18, 2021

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Every week I answer questions that are asked in the comment section! Make sure to comment your questions below. if you'd enjoyed this video make sure to drop a like and subscribe!

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Hi Samuel, hope your well, for 4 bed unlicensed HMO's, What legal requirements do I need to comply with to make this happen and also is it a legal requirement to have communal areas in licensed & unlicensed HMOs?

Hey Samuel, what are the reasons for deals not going through in property deal sourcing? Thanks

How is your castle and Leeds land going? Don’t forget to document for us.

Samuel I got a question for you, do you think doing the financial freedom challenge would be possible in Spain?

Or is it better in the UK?

My question: Do I really need a solicitor for the services I aim to provide e.g. R2R, deal packaging R2R deals

and property deals, and If I do use a solicitor to draw up contracts, can I re-use those contracts?

Hi Samuel, thanks for all the great content!

I have a question regarding interest only mortgages. I am currently developing my portfolio and am very familiar with the concept of 'good debt'.

But at some point (when you're a certain age) does it become hard to keep extending interest only

mortgages? Does the debt need to be repaid eventually?

Hey samuel, my parents own their personal house, mortgage paid etc worth around 230k, is there a way as their son I can release the equity to begin my investing journey?

What are the differences between getting a BTL mortgage, doing the BRRRR method and using a bridging loan to do the same thing... I understand the advantages of a bridging loan but feel like the risk is higher (noting the higher the risk the higher the reward :')). For a first-time buyer/investor who is more worried about the high interest on a bridging loan, what would you suggest?

My question if possible is; how would you best advise someone starting out who's interested in BRRR, would you advise getting a bridging loan for the whole cost? If not, what would you do. Thank you, much appreciated.

Hi Samuel

I’ve just set up a company and started doing viewings for rent to rent. What steps would you take first before putting in an offer? As I understand you need insurances and contracts drawn up by solicitors. Should I speak to a solicitor and sort insurances out first or worry about that once a landlord has accepted an offer? Thanks in advance

Absolutely agree with you. You have been very inspirational. Been following you for the last three years now, and everything you said are so correct. I have bought five houses now and still buying. Please stay with us and keep motivate us by making more videos. Love you mate!

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