Mo Naji

Entrepreneur | Real Estate Investor & Developer

[Mo Naji @mo_najii]

Stamp duty is up

Rental bill to be introduced in December

How will the property market react?

[Mo Naji @mo_najii]

Mortgages should be assessed based on the rental payments made e.g in the past 12 months of £1200

This indicates that the person is reliable and can afford the payments

Although we have seen banks like Skipton introduce this mortgage product in 2023

[Mo Naji @mo_najii]

For the social housing crisis to be solved and to allow people to buy their first time homes the mortgage systems needs to be changed

Mortgages needs to be assessed based on the rental income not on the salary as house prices are out of proportion for average people to afford

[Mo Naji @mo_najii]

The difficulty in finding homes to rent is increasing with the rent increased 6% since April which is worth about £50

There are 15 people chasing every rental property on the market

The demand is huge and not enough supply which will always keep driving prices up

[Mo Naji @mo_najii]

I see that people are renting out their properties to the NHS, I’m looking more into it.

Renting out your property as a care house is much more profitable than the renting it out to normal tenants

This is one of many strategies to maximise rental income from properties

[Mo Naji @mo_najii]

As a property investor, finding the deal with a good profit margin is the most challenging part of the whole process

Today when a property is listed online, you instantly get into a bidding war which in order to win you have to overbid which takes away all of your profit

[Mo Naji @mo_najii]

There are multiple ways you could increase the value of your property in order to refinance it to allow you to recycle and repeat

- Adding an extra room
- Loft conversion
- Side / rear extension
- Creating a driveway
- Redecorating

[Mo Naji @mo_najii]

It seems like the most successful people who have build massive property portfolios didn’t not grow using their own money

The used other peoples money

They were the sweat equity

They found the deal

Managed the deal

And handed out monthly cash flows to the investors

[Mo Naji @mo_najii]

Singapore ranks as one of the fastest-growing real estate markets in the world. In 2023, the country's real GDP growth was recorded at 1%

[Mo Naji @mo_najii]

The HS2 will have a significant effect on the local economy of Birmingham, which will drive real estate and rents up.

[Mark Harper @Mark_J_Harper]

We’re getting on with our plan to improve local transport across the Midlands, so I joined @andy4wm to kick start work on the new £1.75bn Midlands Rail Hub.

This is part of our plan to invest in transport projects with reallocated HS2 funding and help grow the economy.

[Mo Naji @mo_najii]

Don’t just go to 1 mortgage broker

Go to 5 or even 10

Until you find the one that is for you

Don’t pick the cheapest

Pick the one that’s competitive

Once you find the right broker

Stick with them

[Mo Naji @mo_najii]

@clownworld $600 profit

First transaction: $300 profit
second transaction, $300 profit

[Mo Naji @mo_najii]

The least affordable areas in the UK for home owners

London house prices have risen 119% in the past 10 years

[Mo Naji @mo_najii]

You can now change a shop or a commercial property anything that is Class E to Class C3 ( residential / blocks of flats ) without the need to get planning permission

This is great news welcoming & simplifying the transition from commercial properties to residential

[Mo Naji @mo_najii]

Airbnb bans surveillance cameras inside properties

Going forward starting from the end of April, Airbnb announced a worldwide ban on the use of security camera inside properties

However, you can still have surveillance cameras outside of your property

[Mo Naji @mo_najii]

15- Digital Marketing

Founders & CEOs of digital marketing agencies

[Mo Naji @mo_najii]

7- Professional Athletes

Sports like football, boxing can earn significant salaries and endorsement deals

[Mo Naji @mo_najii]

14- Pharmaceuticals

Senior roles in research and development, or executives within large pharmaceutical companies