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[Music] hi Im Stephen green from the property investment Academy and in todays training video Im gonna be crossing into splitting titles now you might be thinking what the is splitting titles let me tell you exactly what that is so when Im converting commercial to residential buildings Im always looking to split titles so let me give you an example of what I mean a lot so couple of years back I developed a building that was an old pub and a hotel and we converted that into ten apartments three two bedrooms and seven one bedrooms now that total building once complete and bringing in a revenue was bringing in around about fifty thousand pound a year for ease of maths now as a rule of thumb a building will be valued roughly ten times its rental income so fifty thousand pound via income it means the building would be valued at around about five hundred thousand pound for the TEL apartments in that building now what were looking to do is we want to maximize the amount of value that w
