Samuel Leeds’ Net Worth – the property developer

Samuel Leeds is a well-known property developer, YouTuber, and property investment coach who has built a significant fortune through his various business ventures. His estimated net worth is $27.6 million, as reported by Finty. This article will delve into the details of how Leeds has accumulated his wealth and explore the various aspects of his financial success.

Early Life and Education

Born on April 11, 1991, in Walsall, Samuel Leeds was raised by his mother and father on a council estate called Leemore. His father taught him magic tricks, which he performed in school and alongside his father at shows. After his parents divorced, his father-in-law taught him the basics of property and mortgages. Leeds attended Emmanuel School in Walsall and was nearly expelled due to his detention record. He finished school with low grades but credits his business success to his then-teacher, Deborah Hey-Smith. When he turned 20 years old, and after a bad car crash, he took 3 years out of his property business to attend Bible College in Birmingham.

Career and Business Ventures

Leeds launched his first business at age 15 — Pelsor Plastering — after he left school and attended a one-day plastering crash course. He attended his first property networking event and signed up for a property training course at 16 years old. He achieved an NVQ Level 2 in Business Studies from Business Link Night School. To gain more work experience, he worked as a Distributor at Utility Warehouse. At 17 years old, he had progressed to property letting management on behalf of investors, marking the beginning of his rent-to-rent model.

He bought his first property on Maryvale Road in Walsall for £100,000, which was £20,000 below market value. He refinanced it the next day. When he was 18, he borrowed £15,000 from his grandma for the deposit on his second property. At £65,000, it was £20,000 below market value. He repaid his grandma, plus interest. He went on to start a property deal-sourcing business called Buy Low Rent High Ltd, which became an instant success with investors. He sold more than 200 deals to investors and used the profits to develop his own property portfolio.

In 2016, at the age of 25 years old, he became a cash millionaire. He launched a £250, one-day course business called Property Investors Crash Courses. Leeds changed to a freemium model, charging nothing to attend the day course and upselling attendees an advanced training course with one-to-one mentorship. His brother joined the business as a partner, helping expand the company and promoting Samuel’s profile further. In 2020, it was reported that Samuel’s business was turning over £10m with a £2m post-tax profit.

Investments and Income Streams

Leeds makes money from property investments, a popular YouTube channel, book sales, and a property coaching business. His wealth comes from rent-to-rent property deals, best-selling books, property investment courses, and his YouTube channel. He practices what he preaches — rent where you live and own what you rent — and lives in a rented mansion.

Controversies and Legal Issues

Leeds has been involved in several controversies and legal issues. He has been accused of using aggressive sales tactics and shutting down criticism over his £10,000 courses. There have been allegations of legal threats sent to scores of YouTubers, forums, bloggers, FaceBook groups, and other individuals to silence them. Additionally, he has been involved in a defamation case against Vanessa Warwick, which was struck out by the court.

Closure

Samuel Leeds’ net worth is estimated to be $27.6 million, a testament to his entrepreneurial spirit and business acumen. His success in property development, YouTube, and property coaching has made him a prominent figure in the UK’s property investment scene. While he has faced controversies and legal issues, his ability to adapt and innovate has allowed him to maintain his position as a respected and influential figure in the industry.