9 Property Secrets That ACTUALLY Make You Millions

If you ask a property millionaire how they achieved their success they’ll probably say something like work hard, be patient, and think long-term.

And this is true, but surely there’s more to it than that. After all: lots of people work hard, but how many of them do you see driving around in Ferraris?

Well over the past decade we’ve spent in the industry we’ve witnessed the creation of property millionaires first-hand, and from observing them we’ve put together a list of specific, tangible rules that you can start using today to kickstart your journey to that magic million.

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We’d love to hear what you think in the comments below. You might even have a topic you’d like us to cover in the future - if so, comment it below.

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[youtubeman]

I spent 40 years doing other peoples houses up, on a wage, it took me 4 years to get rich doing my own houses up, the rents are the job side of btl but the property’s go up in price doubling every 12 years, it helps being a plumber

[DEVAEGIR]

Rule nr 1, and it is the only rule that actually matters: have capital beforehand.

[chrismackey]

Hi, great video thank you. When you talk about the magic million and being a property millionaire, are you reffering to having a million pounds worth of assets or a million pounds worth of equity within the assets?

[stephengreen]

I am one of those landlords that wants to sell. I have property in Nottingham, Derby, and between Manchester and Leeds and I'm over retirement age. I have no desire to waste my last breath of life (hopefully a good 10 years from now, chasing tradespeople. )

[ipsasingh]

I love to watch his videos. I always learn new idea about property investment. 👍👍👍

[sanjaydevit]

Im currently in the process of selling 2 of mine in Liverpool to use the equity and buy 2 larger ones. Thr market is only getting harder but vould be great in the next few years.

[marcus.H]

I feel like the 18 year property cycle is unscientific. Isn't it just a correlation?

[SabeeyH]

I am a first time buyer looking to buy to let. I live in south west london, but I was hoping to buy in nottingham. Will it be a problem as a first time buyer?

[Alexssandro-vevw]

i dont really understand why you didnt mentioned about the interest rate if you buy house as mortgage when you look at long term appreciation value of the property. IF you buy house of 450k and borrow 300k of it at the current rate, let's estimate 4.5% you need to give back 500k back of mortgage, so you like if get reseel your asset next 15. or 25 yrs.. you should get slitly positive equity, in general.
If you pay cash then its different ovbsly

[guyscudamore]

Is it wise to have agents manage the tenant sourcing, vetting and.property maintenance?

[ChrisLivingInYork]

What’s the ideal purchase price for the properties you would like to own and what is your definition of a cheap property

[AlessandraMeza-ussh]

Bidding war: holy grail for landlords; worst and degrading nightmare for a buyer. While the landlord is excited for having people virtually fighting to buy the property, at least one of the bidders is feeling miserable after losing another home in which they could live a normal life with their family, while the winning bidder is just vomiting their money over the property to... guess what... put it for rent.

[marcus.H]

Why do flats where i live sell for less today than they did 18 years ago? Houses are significantly higher but flats are lower. Doesn't this disprove the 18 year property cycle?

[HaHa-bczr]

Rule no 10- dont use interest only mortgages then you never have to sell

[Libertarian]

Check his demeanour and it seems this is a very nice guy. Listen to what he’s saying though, and the scumbag landlord trope is looking very much like reality