Arsh Ellahi

5 recommendations and reviews from 3 people

• Referral from December 15, 2013
  

  Jeremy N. asked:

  Hello guys I am currently developing a family house in London to have 8 bedsits, with all rooms to have their own small kitchen and ensuite. My goal is to provide a very high quality accommodation. This is the first time I'm doing this so I would appreciate any advice :) My questions are: 1. Do you know a very good mortgage broker who can help find a lender willing to lend on the property? I already own the property and it is on a normal BTL mortgage. I need to remortgage it with a suitable mortgage when the development is finished 2. Do you know an insurance broker who specialises in this kind of property? 3. With regards to washing machines, would you recommend having one in each bedroom or should I build a building in the garden and get a couple of commercial washing machines and a dryer. I would charge £1 perhaps for the tenants to use the washing machines and dryer. 4. With regards to bills, I am planning to use a company called Glide. It is a company that bills tenants separately so it takes away the stress from the landlord in adding the bills to the rent. Has anyone have experience with Glide? Would you recommend a different way to sort the bills out? 5. Any advice or comments that you can give that we have not considered? Many thanks :)

  

  Arsh E. replied:

  Thanks Dave So for the recommendation. Jeremy Ngaw, i'd be happy to have a chat with you. As David has confirmed, I use this model to my advantage and works extremely well for me. A shameless plug but...I have my next course on 18/19 Jan which clearly identifies exactly what you are aiming to achieve. If you think it's of interest, please visit the events page at: www.arshellahi.com

  

  Dave S. replied:

  Consider Arsh Ellahi HMO course. He has already done what you propose using only electric appliances. He caters for dss which is a different market to u but I would still recommend his course

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• Referral from September 29, 2013
  

  Gabrielle V. asked:

  I am looking at a property to buy and convert to an HMO with 5 ensuite rooms with kitchenettes in enfield. I have sourced someone who is doing this actively in the market and seen many of his conversions. He does it on a 6 week turn round from having keys to completion. He has contracts with alot of emergency housing and support housing councils and associations. He wants to take my property for 5 years at an agreed gross rental. My questions are 1) is 10,000 per room a reasonable figure for building costs to include all electrics plumbing white goods etc? 2) do i have to source a buy to let mortgage initially if the home is a normal home at the moment or do i have to source an hmo mortgage pre purchase? if so who is the best provider for hmo mortgages? 3) ONCE THE HOUSE IS CONVERTED - and becomes an investment property with a yield of approx 12% - can i remortgage and how will lenders re value? Does anyone have experience in this field? Thank you

  

  Arsh E. replied:

  Before you do anything of the proposed, have you considered the legal aspect of it. What you have described is self contained units which will fail without planning. When you come to refinance you will struggle to pull your money out! On a positive not e, there is a way around this which is considered the 'grey area' of planning. Lucky for you that I am running a course on this exact topic on 12 th October in Wolverhampton. For further info please visit www.arshellahi.com

  

  Sue S. replied:

  The OP did NOT say that the contractor was NOT going to put in for PP, Arsh Ellahi , but I guess you COULD see the timescale remarks as leading us to consider that perhaps that is the case.

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Recommendations from Arsh E.

• Referral from April 25, 2013
  

  Mark S. asked:

  Hi All, a good friend of mine has LHA houses in Yorkshire and is far from maximising his income from them. He knows nothing of strategies like 2+2, for example. Can anyone recommend an LHA expert to help him? I've heard that Mike Frisby and Arsh Ellahi are pretty good - anyone had experience of either of them? Thanks.

  

  Arsh E. replied:

  Hi Mark. As everyone has rightly stated, 2+2 is not a strategy I'd use. I utilise large families and maximise the rent accordingly. Happy to help. Please pm with details. www.arshellahi.com

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