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How I Assess If A House Flip Is Profitable

Jack Smith 15 views

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Can I joined your email list looking for something like this
Comment from : @esinaydemir7150

Is it possible to get financed in the UK by a non resident?
Comment from : @xavigomila6832

do you check the structure of the house, to see if there are major cracks or know if it needs totally new boiler and electrics?
Comment from : @RRedmondiy43

Brilliant video, very informative
Comment from : @skabbymuff111

Thanks for this such a great video
Comment from : @King_domlifestyle

When are you doing the one day training to do deal sourcing and flips
Comment from : @junecorriette6651

Great advice Jamie as always 👊
Comment from : @karenferns6160

I understand you have to pay Stamp Duty if you own another property as your main residence but does that include properties below the £200k threshold? Alternatively, if you are buying through a Limited Company how does the Stamp Duty liability affect the purchase?
Comment from : @mrdeafa25

Jack, how do you know cost of refurbishments accurately? Is that from experience, quote from building companies, etc?
Comment from : @addythecaddie

Cowboy
Comment from : @rickp2293

How come the bills are so high? 1500 during refurb period is more than I pay for an year
Comment from : @eg3623

Hi Jack brGreat content you've got going only juast come across your channelbrHouse looks very familiar on my road in Eccles
Comment from : @kevwild9706

Are there deal sourcers around that will sell rent to serviced accommodation deals? I will be looking to expand my serviced accommodation portfolio around March/April
Comment from : @Ellis01234567890

This is a great video but one thing is missing Comparing the investment house to the one next door which sold for £230k at the very top of the market is not setting a realistic expectation of what you might achieve thanks to current market condition High interest rates, cost of living crisis & high energy bills have all had an affect on the market and as such the property market is not the same as a year ago You need to factor this in to your calculations for the property value, and adjust your offer accordingly The same house next door which sold for £230k last year would probably be worth <£200k today
Comment from : @SupremeMJH

Great video! What about capital gains tax?
Comment from : @helenpack8251

Assess no Asses 😭😭 but great video Jack 👏
Comment from : @Samsamo888

If neighbours house in exactly same condition sold for 230k last year, why would the owner agree deal at 180-185?brIn case they agree the is no point in doing it up Buy it for 180-185 and sell it for 230-240 Get profit of 45-60 without any effort
Comment from : @nitinbhasin8898