Jump to content


New Member
  • Posts

  • Joined

  • Last visited

Recent Profile Visitors

The recent visitors block is disabled and is not being shown to other users.

Kent614's Achievements

Established member

Established member (3/5)



  1. Then 1st and last options. The LTD taking over management of my personally owned property, possibly as a R2R
  2. I was also left a little unsure and confused with the podcast and also had the understanding that the LTD was a complete separate entity and viewed separately to myself. We learn something everyday
  3. We have a Portsmouth Property WhatsApp chat group if you are interested. https://chat.whatsapp.com/FWCOp5rwqMg4hHOlqZMGbo You can introduce yourself and chat there with others in the Portsmouth area
  4. Hi, Your subject title was Bognor to Brighton, but you talk about Portsmouth, which isn't in that area. Anyway, I have property in Portsmouth and also 2 (maybe soon to be 3) in Worthing. I am hands off, and no longer living in that area. But feel free to ask me questions and I will try to help.
  5. Seems many here are recommending against doing the course. I feel if you have the time and the funds to spare, there is no harm in doing it. I spent over 3 years studying accountancy but never went into accountancy work. I use an accountant for my property business. So although I don't actually use the qualification itself - I feel it has given me a good mindset, and a very good understanding of the numbers - think has been valuable to me
  6. Hi, I have a LTD company holding a couple of my properties, and also a property in my own name. My LTD is pretty quiet, with minimal revenue and minimal expenses at the moment. Is it feasible and wise to have my LTD to manage my personal property. I'm thinking of a rent to rent style agreement. Then any costs or even losses will be under the LTD? But I'm hearing that doing so might impact the LTD to get future financing as the LTD would not be an SPV anymore? What are your thoughts
  7. Hi, I'm also in Singapore (and no plans to return UK in the near future) Also looking to get a BTL for cashflow It has been a struggle at times to get things moving whilst overseas but it can be done.
  8. What happens when the banks fail and we owe the bank money? Such as outstanding debt or mortgages? I owe the bank more money than I have cash on account
  9. Thanks, Very informative, and useful to me as I plan to start discussions with my current lender. Is it correct that the "further advance" / new borrowing will have different terms to the existing borrowing ? I currently have a good mortgage on some good terms, and would like to keep them in place - even if it means additional borrowing is on different terms. So building on the current example, the existing 50k continues on current arrangement, and the additional 20k will have new terms. and to clarify, is it a remortgage will be completely new agreement for the 70k
  10. Great! Do capitalise on your network, and their experience and their team. And forums like this is a great place to learn and network too! With the UK in shut down, not much is happening there, so their is a little time to work on your strategy and plan your next steps
  11. On the UK South Coast I am mainly interested in Portsmouth, West Sussex, and also Ashford. Mainly because I know the area and have trusted people on the ground there. Having trusted contacts and a team is going to be very important for certain strategies whilst investing from overseas. I done the student thing before in Portsmouth. It worked well in that, it was a HMO and so made better many than a vanilla let, my student tenants paid a whole semester up front (even paid a whole year up front one year because of international exchange rates), and the students all left in the summer and an extra income of summer lets was achieved. Down sides for me was that it wasn't very hands off, especially needing to find new tenants every year. It got more and more competitive and regulated, and one year a student smashed up the place and left the country (and went back to HK. If you could locate him for me, I would be very grateful and will buy you a beer).
  12. I certainly miss the old Hong Kong. I left there in 2014 when the Umbrella movement started then. I completely agree to make the most of this time. This is actually a really good opportunity. Originally from the south coast of UK, this is where my portfolio is (as well as a place in Taipo Hong Kong - a place I am sure you are aware of). What and Where are you looking at ?
  13. Hi Neil, Happy to chat - I am a property investor based in Singapore, and started my portfolio when I was living in Hong Kong. I would normally say we can meet up for coffee as I am in HK quite often - but actually I have stopped travelling to HK over the past few months, and I do not think I will be travelling there any time real soon,
  14. Hi, I have been watching the Youtube channel : Optimise - UK Property Tax Specialists You can have a search, I found some interesting property accounting and tax info there,
  15. I would agree it sounds a little ambitious. 200k to return 64k in a year.
  • Create New...