Many property investors and developers will come across large properties that would work well if split into a number of smaller units, but sometimes the cost and process can be prohibitive.

In this week’s show, Simon explains an advanced strategy known as 'Freehold to Leasehold Title Split’, which can allow you to do that very thing, but in a far easier way.   

 

KEY TAKEAWAYS

• Look instead for properties that have already had the conversion work done. You must make sure that the property is a freehold property, and that none of the leaseholds have yet been created.
• You don’t necessarily need to know every strategy under the sun. It’s far better to know the strategy that works for you and your chosen area, and stick to it.
• By assigning leases to each of the split units, we increase the potential selling price of each unit. Often the leases are not created by the original landlord.
• Leaseholders pay a ground rent, plus service charges, to the freeholder. If you are the freeholder, you essentially create another revenue stream for yourself each year, or you could sell the freehold as an entirely different entity.

 

BEST MOMENTS

‘Keep on repeating the strategy that works for you like a cookie-cutter, and you can make a lot of money’

‘You’re buying something, you’re splitting it up, thus increasing the value’

’Now that is what I call property magic!’

‘Find the finance and do the deal!'

 

VALUABLE RESOURCES

• Property Magic: How to Buy Property Using Other People's Time, Money and Experience by Simon Zutshi

 

To find your local pin meeting visit: www.PinMeeting.co.uk and use voucher code PODCAST to attend you first meeting as Simon's guest (instead of paying the normal £20).

iphone:  http://bit.ly/pinAPP1

Android https://bit.ly/pinAPP2

Register at Mindset For Property at - www.mindsetforproperty.co.uk 

 

ABOUT THE HOST

Simon Zutshi, experienced investor, successful entrepreneur and best-selling author, is widely recognised as one of the top wealth creation strategists in the UK. Having started to invest in property in 1995 and went on to become financially independent by the age of 32.

Passionate about sharing his experience, Simon founded the property investor’s network (pin) in 2003www.pinmeeting.co.uk.    pin has since grown to become the largest property networking organisation in the UK, with monthly meetings in 50 cities, designed specifically to provide a supportive, educational and inspirational environment for people like you to network with and learn from other successful investors.

Since 2003, Simon has taught thousands of entrepreneurs and business owners how to successfully invest in a tax-efficient way.  How to create additional streams of income, give them more time to do the things they want to do and build their long-term wealth.

Simon’s book “Property Magic” which is now in its sixth edition, became an instant hit when first released in 2008 and remains an Amazon No 1 best-selling property book.

Simon launched his latest business, www.CrowdProperty.com, in 2014, which is an FCA Regulated peer to peer lending platform to facilitate loans between private individuals and property professionals.

 

CONTACT METHOD

Contact and follow Simon here:

Facebook: http://www.facebook.com/OfficialSimonZutshi 

LinkedIn: https://www.linkedin.com/in/simonzutshi/

YouTube: https://www.youtube.com/SimonZutshiOfficial

Twitter: https://twitter.com/simonzutshi

Instagram: https://www.instagram.com/simonzutshi/