Episodi
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As I’m taking a small break to complete some big projects, I want to give you a selection of past episodes that offer nuggets of knowledge and wisdom on your property journey. I believe we should all look at the experiences that other people have had to give us an insight not just into how wealthy property can make us, but also what will happen if we don't have our businesses correctly set up and if we don’t have a strategy behind it. Because the business part of the property business is the backstage, the unsung hero of it all - it is what makes you or loses you the money. So I know you’ll find these nuggets as invaluable as I do, because they are your shortcuts to success.
Must-Listen Episodes:
-Ep 136 - Inside the Mind of a Property Developer with John Howard
-Ep 110 - The Long Game: 40 Years of Property Investing with Halstead Ottley
-Ep 098 - Demystifying Mortgage Lending with Simon Hodgson
-Ep 092 - A Legal Perspective on Property with the Biking Building Barrister Susan Francombe
-Ep 063 - How to Deal with a Diva
-Ep 062 - What is a Snag List, and Why Do I Need One?
-Ep 057 - A Personal View of Property Investing with Suzanne Smith
-Ep 017 - You're Never too Young to Start in Property with Arthur Dallimer
Whatever you do with these episodes, don’t forget to contact me via email, voice note, DM, or book a half hour call with me. Being a solopreneur doesn't mean we have to put up with being small. With modern technology, with VAs,or outsourced consultants, the business can be anything you want it to be. But first of all, your business does need a strategic plan.
Resources:
-Let's connect! Send me a VoiceMail
-Book a 30-minute discovery call with me - the first step to finding the right way to help you succeed in property
-Download my Property Business Checklist - The key building blocks for a sound and successful business
-Check out my Website
-Connect with me on LinkedIn
-Find me on Instagram
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Welcome to the last episode of this season, before I come back with Season 3 in the autumn. Until then, please revisit the catalogue of 137 episodes I released so far, and enjoy today’s interview with my fabulous guest, Ross McSkimming.
Ross and Sophie McSkimming live and work in Edinburgh. In the past five years, they have gone full time into property to find financial and time freedom. Their company Nichol Smith Investments sources, develops, flips and holds investment property in Edinburgh. Ross has grown and scaled their business from doing one property at a time to working on several simultaneously and having a pipeline of projects across the HMO, single let and flip business models. The McSkimmings have two young children and two dogs, and are therefore very careful about how they network and use their time.
In this episode, we talk about the importance of being strategic in order to scale up your business, setting long-term goals and adapting to market changes. Ross shares his insights about setting up a pipeline of projects, managing finances, building relationships with high net worth investors, how to maintain work-life balance, the value of mentorship and much more.
What is Covered:
-Why strategy is key for success in property investing and development
-How to adapt to market volatility with diversified strategies
-The importance of financial management for scaling up a property business
-How to create enjoyable and mutually beneficial relationships with investors
-What it means to define your avatar and how to find the right investors for your business
-How rapid changes in government legislations can impact your business
-The importance of building a reliable tradesmen team
-How to transition to a hands-off role and focus on high-value tasks for business growth
-Strategic use of social media to build social proof and visibility in the industry
-How to balance work and time off in a family business to maintain a healthy lifestyle
Resources:
-Book a 30-minute discovery call with me - the first step to finding the right way to help you succeed in property
-Nichol Smith Investments https://nicholsmithinvestments.com/
-Connect with Ross and Sophie McSkimming on Instagram https://www.instagram.com/nicholsmithinvestments/
-Episode 40 Sophie McSkimming - Flipping in Edinburgh https://player.captivate.fm/episode/1cb52e1b-12e8-48f8-b7b9-85d90211624a
-Download my Property Business Checklist - The key building blocks for a sound and successful business
-Check out my Website
-Let's connect! Send me a VoiceMail
-Connect with me on LinkedIn
-Find me on Instagram
Mentioned in this episode:
Book a Discovery Call with me
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Episodi mancanti?
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This week’s guest is well known to many of you because you’ve seen him on Property TV. John Howard is one of the UK’s most experienced property consultants, developers, traders and investors, with over 40 years of experience within the industry. John has bought and sold nearly 4,500 properties in 87 different locations across the UK, from traditional houses to hotels and large scheme developments. One of his more recent projects is the £27 million construction of 150 apartments at Ipswich Waterfront.
People like John, who’ve built big property businesses, have been through quite a number of boom and busts in the property market. The thing about boom and busts is there are key elements that are the same, and some that are different, but you've got to know what the difference is if you want to survive. That’s why I invited John onto the show to share little nuggets of his expertise that can make all the difference to us.
What is Covered:
-The importance of changing your strategy as the market changes
-Why you need to invest in the right team for your business
-What is a developer vs. what is an investor?
-How a recovery fund supports developers who need some money to finish a project
-How to know what projects to prioritise when market changes
-Who are the people who can read the property market best
-John’s experience with various property TV shows
-The art of planning and how politics affect it on the national scale
-John’s best deal to date
-How things have changed in the last 30 years in the property industry
Resources:
-Book a 30-minute discovery call with me - the first step to finding the right way to help you succeed in property
-Connect with John Howard at https://www.johnhowardproperty.com/
-Listen to episode 084: Property Renovating and Developing Successfully with Tristan Gordon https://player.captivate.fm/episode/49991bbd-0bfb-42e9-8406-2ad7ffa3209b
-Download my Property Business Checklist - The key building blocks for a sound and successful business
-Check out my Website
-Let's connect! Send me a VoiceMail
-Connect with me on LinkedIn
-Find me on Instagram
Mentioned in this episode:
Book a Discovery Call with me
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This week my guest is Ed Fowkes, whom I first met over 10 years ago when he was the host of the biggest pin meeting in London. He was already a property veteran by then, enthusiastic and truly inspiring. Since then, he's gone on to create multiple businesses, and today he's still working in property, in new areas where he helps other entrepreneurs and property people.
Ed and I discuss the importance of treating property as a business, of looking after your finances, and the difference between being a business owner and an entrepreneur. We talk about the benefits of networking in the property world, the impact of interest rates and taxes on property investments, as well as why we all need time to step back and reflect on our business and life.
What is Covered:
-Why networking with a giving mindset is crucial for business success
-How to treat property as a business and treat tenants as your best customers
-How to deal with fluctuating interest rates when making investment decisions
-Why understanding financial matrices is crucial for success in property investing
-The risk of relying solely on rent income to become a property millionaire
-Why tax is such an important consideration in property investing
-The ABCD framework - Achievement, Benefit, Concerns, Discuss
-Why it’s crucial to take time to think and reflect for business success
-How to measure your success beyond financial achievements
-What TableNetwork is and how it helps entrepreneurs and business owners
Resources:
-Book a 30-minute discovery call with me - the first step to finding the right way to help you succeed in property
-Connect with Ed Fowkes https://www.linkedin.com/in/edfowkes/
-TableNetwork https://www.tablenetwork.co.uk/
-Download my Property Business Checklist - The key building blocks for a sound and successful business
-Check out my Website
-Let's connect! Send me a VoiceMail
-Connect with me on LinkedIn
-Find me on Instagram
Mentioned in this episode:
Book a Discovery Call with me
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The buzz that goes around property sourcing is that it’s a fun and quick way into making big money; a way of property shopping when you're not actually paying the bills.
But, there's always a ‘but’. In this case it’s that there are a lot of rules and regulations about it. That’s why I invited Tina Walsh, known as the Queen of Compliance, onto the show. Tina has been operating in the property investment sector since 2006, and since 2012, she operates a part-time sourcing business. She also has a training company and has set up the National Association for Professional Sourcing Agents.
As someone who has a finger on the pulse of all things legal when it comes to property sourcing, what Tina talks about is probably going to horrify some listeners. Others will just see it as an easy system of rules and regs within which they can work. Either way, you’re going to learn a lot in this conversation!
What is Covered:
-Common misconceptions about property sourcing
-The definition of a professional property sourcer
-The importance of compliance and the consequences of non-compliance
-What you need to know to be a professional property sourcer
-Why you need to educate investors on legal requirements of sourcing
-Understanding buyer due diligence
-How to avoid the risks of money laundering in property
-Available complaints procedures and redress schemes in property
-Upfront and refundable property sourcing fees
-How to get insurance as a property sourcer
-Compliance renewal in property sourcing
Resources:
-Connect with Tina Walsh at https://napsa.org.uk/
-Download my Property Business Checklist - The key building blocks for a sound and successful business
-Book a 30-minute discovery call with me - the first step to finding the right way to help you succeed in property
-Check out my Website
-Let's connect! Send me a VoiceMail
-Connect with me on LinkedIn
-Find me on Instagram
-The Property Ombudsman https://www.tpos.co.uk/
-Property Redress Scheme https://www.theprs.co.uk/
-Insurance-Desk Services https://www.insurance-desk.com/
-Blue Bricks Magazine https://bluebricksmagazine.com/
-Young Professionals Network https://ypn.realtor/
Mentioned in this episode:
Book a Discovery Call with me
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When you’re a property investor, one of the most important things is to have your portfolio diversified, consisting of multiple different tenant and housing types. However, social housing is something I don't know much about, so I invited the best person onto the show to talk about it.
Sue Sims has been in property for more than 30 years. She’s got a varied portfolio of properties with buy-to-lets, HMOs, social housing and SA apartments. She is a Director at the property management company Genie Homes, and the co-founder of Partners in Property network meetings. As a fan of social housing done the right way, in this episode Sue talks about the difference between social housing and other housing types. We discuss the importance of doing due diligence before going into this property niche, the benefits and risks of investing in social housing, as well as the correct mindset for doing it successfully and ethically.
What is Covered:
-The difference between social housing and LHA tenants
-Different types of social housing providers
-Misinformation and risks in social housing investment
-The importance of due diligence before investing in social housing
-Mortgages and insurance for this type of properties
-The challenges of rent-to-rent strategy for new landlords
-How to find the right letting agent for social housing
-Long-term considerations for social housing investment
-The importance of networking and knowing your business partners very well
Resources:
-If you’d like to suggest a guest on the Property Solopreneur Podcast, send me a VoiceMail
-Book a 30-minute discovery call with me - the first step to finding the right way to help you succeed in property
-The Big Social Housing Debate Online Event, April 15th (FREE) https://www.eventbrite.co.uk/e/big-debate-sue-sims-sarah-walker-lisa-brown-toby-wilde-simon-kerr-tickets-848444238557?keep_tld=1
-The list of ongoing Partners in Property Events https://partners-property.com/event/social-housing-seminars-2024/
-Download my Property Business Checklist - The key building blocks for a sound and successful business
-Check out my Website
-Connect with me on LinkedIn
-Find me on Instagram
Mentioned in this episode:
Book a Discovery Call with me
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Marketing is something we've all got to do. Although it sounds like a big commercial word, basically, marketing is just letting other people know who you are and what you do.
As simple as it seems, it can cause some people to hit the wall and feel stuck, because to market themselves, they've got to feel happy with their identity. The identity they feel in property may not be congruent with what they feel they want the world to see. Is that you?
In this quick episode, I’m sharing my take on the challenges on marketing as a property solopreneur, how to overcome insecurity, be authentic on social media, and step into the shoes you’re comfortable in.
What Is Covered:
-Why insecurity in one’s property identity is much more common than you think
-Two camps of property investors
-How to be authentic and recognizable on social media
-How to remain professional without fitting into categories or being pushed into a label
-How you can embrace multiple property roles
So don't let the small stuff stop you from doing the big stuff. Step into the property shoes that you're going to feel comfortable in. Trust me, it’s all just a mindset shift.
Resources:
-Download my Property Business Checklist - The key building blocks for a sound and successful business
-Book a 30-minute discovery call with me - the first step to finding the right way to help you succeed in property
-Check out my Website
-Let's connect! Send me a VoiceMail
-Connect with me on LinkedIn
-Find me on Instagram
Mentioned in this episode:
Book a Discovery Call with me
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Business has changed dramatically in the last 30 years since I started in it. I’ve become a great fan of lifelong learning, because I know that if I don’t upgrade my skills or widen my knowledge base, I’ll get stale and perhaps miss clear market indicators.
In this episode, I offer my perspective on different learning formats and how to keep your knowledge and skills updated in the ever-changing world of property business. I discuss online courses, mastermind groups, workshops, day events and other learning methods to help you find the right fit for your learning needs.
What is Covered:
-Why continuous learning is crucial in the fast-paced world of business
-The value of working with a mentor and mastermind groups
-How technology and learning formats have evolved
-How to choose the right course and instructor
-How you can benefit from different learning methods such as one-on-one, group programmes or workshops
-The importance of due diligence and research before you invest into a learning opportunity
-What you can take away from day events and hybrid learning
-What is the purpose of discovery calls?
So do I think courses are necessary? Oh yes, I do. I know I could not have done nearly as much as I have without turning up and committing to courses and one-to-one work. So start stalking online, find some networking groups, get on mailing lists and see what comes up. And don’t be afraid of discovery calls; in fact, you can try hopping on a call with me this week!
Resources:
-Book a 30-minute discovery call with me - the first step to finding the right way to help you succeed in property
-Download my Property Business Checklist - The key building blocks for a sound and successful business
-Check out my Website
-Let's connect! Send me a VoiceMail
-Connect with me on LinkedIn
-Find me on Instagram
Mentioned in this episode:
Book a Discovery Call with me
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If you listen to the most successful podcasts or read articles on property investing, you may get the feeling that the expectation is that if you do property, everything you touch will turn to gold. This often from people who've only ever worked in the property world for a couple of years. They have never gone through a property cycle, which is when you find out that everything you thought you knew can be turned on its head.
Success is what we all want. However, it really is possible to be very successful in property in the short term, and then to lose everything in the long term. In this episode, I will talk about how to prevent that from happening and how to create a business that can ride all those waves of change.
What We Cover:
-How to measure success in property investing
-The most common mindset obstacles to taking actions in property
-Why success and achieving are not the same thing
-Why action is not the same as being busy
-How much time and effort it actually takes to find success in property
-Should you give up your day job?
-The place of strategy on your journey to property success
-Planning and delivery - two little words that make all the difference
So don't be a busy barrel in your property business. Be an organised olive, an active Alice, all on the road to being a very successful Sydney. And if you feel like you need support, book a call with me and let that be the first step on your journey to success in property investing.
Resources:
-Download my Property Business Checklist - The key building blocks for a sound and successful business
-Book a 30-minute discovery call with me - the first step to finding the right way to help you succeed in property
-Check out my Website
-Let's connect! Send me a VoiceMail
-Connect with me on LinkedIn
-Find me on Instagram
Mentioned in this episode:
Book a Discovery Call with me
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Before becoming a property solopreneur, Flora Russo worked in IT sales and was thinking of starting a wine-related business. After a trip to Australia, she became intrigued by the opportunities in property. She got into proper training first, figured out a business plan and started investing in the North East of the UK. Soon she got swamped with more offers than she could buy, so she started sourcing for other investors, alongside building her own portfolio.
In this episode, we talk about the art of property sourcing, the advantages and challenges of investing away from home, the importance of high-quality training, networking and planning, and much more.
What We Cover:
-How passive property investing can really be?
-What Flora’s typical deals are like
-How to manage client expectations as a property sourcer
-Pros and cons of investing in low value areas
-How to find the right sourcer as an investor, or the right client as a sourcer
-The value of learning through shadowing other investors
-How to keep yourself accountable as a solopreneur
Since she became a mother, Flora has had to become razor clear on what she does, what services she provides for clients, and what she has to outsource to others. With the right strategy in place to build wealth through sourcing and make business as passive as possible, one day soon there may even be space for the wine business!
Resources:
-Connect with Flora Russo on Instagram
-Download my Property Business Checklist - The key building blocks for a sound and successful business
-Book a 30-minute discovery call with me - the first step to finding the right way to help you succeed in property
-Check out my Website
-Let's connect! Send me a VoiceMail
-Connect with me on LinkedIn
-Find me on Instagram
Mentioned in this episode:
Book a Discovery Call with me
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Martin Rapley's first experience in property was as a quantity surveyor, looking after projects' finances. Then he transitioned to project manager and started his own construction business. Dealing with property investors, Martin realised they could use support from someone with his skills and knowledge, so he revamped his construction business into a construction consultant for property investors. As the co-founder of Refurbishment Mastery, Martin managed and oversaw over 1000 property refurbishments and renovations and expanded his portfolio considerably. Since 2016, Martin has used his over 30 years of experience to help property investors manage their refurbishments and conversions.
In this episode, Martin reveals some of the tricks of refurbishment that escape the untrained eye, teaches the secrets of dealing with builders, how to get around CDM and CIS regulations, how to set a budget for refurbishment and much more.
What Is Covered:
-What is the first step to becoming a property investor
-What is refurbishment really about
-How to create a smooth relationship with builders
-Why we must treat CDM regulations like an insurance policy
-Martin explains how to set a budget for refurbishment
Over time, Marin has learned to master the multiple aspects of refurbishment. Today, he shows us the intricacies of this vibrant, exciting, and prosperous property niche and how to get around them, maximising our opportunities and growing our portfolios.
Resources:
-Visit Martin Rapley’s website
-Join Martin's Refurbishment Mastery Facebook Group
-Check out his YouTube channel
-Download my Property Business Checklist - The key building blocks for a sound and successful business
-Book a 30-minute discovery call with me - the first step to finding the right way to help you succeed in property
-Check out my Website
-Let's connect! Send me a VoiceMail
-Connect with me on LinkedIn
-Find me on Instagram
Mentioned in this episode:
Book a Discovery Call with me
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Rachel Knight's first steps into property were more like a side hustle, an entertaining and effective way of transforming her bonuses into a retirement plan. Slowly but surely, she built a humble yet decent portfolio. In 2015, she decided to invest in her property education, and shortly after being trained on HMOs and service accommodation, she was already doing single lets and fully invested in big cash flow strategies. A decade later, Rachel became a title splitting expert, property expert, coach, and portfolio builder. She is the CEO and owner of Title Split and is passionate about helping entrepreneurs maximise profit from property.
In this episode, Rachel unveils the best-kept secrets of title splitting: two little words hiding many lucrative opportunities. You'll learn why title splitting is so lucrative, how to maximise your returns, and what you need to know about the "new rules" coming up soon, freeholds, mortgages, and more.
What Is Covered:
-Why Rachel Knight loves title splitting
-What you need to know to maximise your returns in title splitting
-The imminent changes you must be aware of as a property investor
-How to start in title splitting
-Why planning is crucial to succeed in title splitting
-How to avoid losing money with freeholds
Thanks to Rachel, we've learned that title splitting isn't a tedious "all paperwork" and "zero building stuff to do." To her, title splitting is the natural progression of the ambitious property entrepreneur, the next step of "achieving great cashflow and financial freedom" most of us have been chasing when we jump into property.
Resources:
-Check out Rachel Knight's Website - Title Split
-Download my Property Business Checklist - The key building blocks for a sound and successful business
-Book a 30-minute discovery call with me - the first step to finding the right way to help you succeed in property
-Check out my Website
-Let's connect! Send me a VoiceMail
-Connect with me on LinkedIn
-Find me on Instagram
Mentioned in this episode:
Book a Discovery Call with me
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After a long and successful career in the corporate world, Giuseppe Leone jumped into property with two clear objectives: leaving something tangible to pass over to the next generation and developing a professional activity that granted him a juicy income and the time to enjoy it. Ten years and some change later, he became a Rent to Rent expert, an award-winning property investor, accredited property mentor, event speaker, and a portfolio landlord.
In this episode, Giuseppe shares details of his property journey, why he chose Rent to Rent, and what attributes and skills from his experiences in the corporate world helped him reach the comfortable life he created for himself and his family. Giuseppe also shares his thoughts on financial cushions, multiple income streams, automating processes, and more.
What Is Covered:
-What moved Giuseppe from his successful corporate life to property
-How Giuseppe turned a "weakness" into a significant differentiator
-How automating and creating systems saves businesses and help them grow
-The importance of financial cushions and creating multiple income streams
-How often a business plan should be revised
-What is a realistic plan for beginner property solopreneurs
One of the most common mistakes people make when they get into property is thinking they must work IN their business 24/7. They leave their jobs, go all-in, and, in most cases, end up mentally and physically exhausted and probably broke. Giuseppe's story is a perfect example of starting slow, gradually, and working ON your business more strategically to ensure a long-lasting and profitable career in property.
Resources:
-Download my Property Business Checklist - The key building blocks for a sound and successful business
-Book a 30-minute discovery call with me - the first step to finding the right way to help you succeed in property
-Check out my Website
-Let's connect! Send me a VoiceMail
-Connect with me on LinkedIn
-Find me on Instagram
Mentioned in this episode:
Book a Discovery Call with me
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Part of being a property solopreneur is mastering areas of our business that have little or nothing to do with property per se. Yet keeping them under control is what will ensure our business keeps breathing. So, in today's episode, I'll be talking about the 5 core business activities you must dominate to ensure your property business success.
What Is Covered:
-Why being a proactive manager is crucial, even if you are an introvert
-Why every solopreneur must know, set and manage KPIs
-How to stay updated and focused on your property goals
-The various aspects of business every solopreneur must master
-The advantages of working with business strategists
Mastering these five core activities will make you feel more confident about what you are doing and realise your path to success is achievable. You can learn to market your business, motivate and manage yourself, be ready and willing to adapt, and become your finance director. Remember, if you need help balancing core property activities with essential business management, you can always learn from someone who has already done it.
Resources:
-Download my Property Business Checklist - The key building blocks for a sound and successful business
-Book a 30-minute discovery call with me - the first step to finding the right way to help you succeed in property
-Check out my Website
-Let's connect! Send me a VoiceMail
-Connect with me on LinkedIn
-Find me on Instagram
Mentioned in this episode:
Book a Discovery Call with me
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After over 25 years of experience in the space, Linda Wright defines planning permission as listening to what the client wants and adding her professional advice based on her experience, a pinch of humour and common sense. She is a highly versatile planning permission specialist, a keynote speaker, writer and lecturer, and the founder of Katana Planning.
In this episode, Linda unravels the most elusive secrets of planning permission, talks about the biggest challenges she faced in the industry and shares dozens of golden nuggets about what to do and avoid doing in the property space. You'll also hear about LUBs, CILs, LURAs, prior approval, and much more.
What Is Covered:
-Why planning permission is considered a "dark art" for many
-What are the National Planning Policy Framework and the Levelling-up and Regeneration Bill (LUB)
-What does prior approval mean, and what's its role in planning permission
-Why councils treat small developers and small developments differently
-What is a Section 106 agreement and why we should know everything about it
Planning consultants are important because they make sure everything surrounding a new building makes sense; they look at the impact it'll have on its surroundings and the people that live there, and make sure it'll be a good fit and work perfectly with everything around it.
Resources:
-Download my Property Business Checklist - The key building blocks for a sound and successful business
-Book a 30-minute discovery call with me - the first step to finding the right way to help you succeed in property
-Check out my Website
-Let's connect! Send me a VoiceMail
-Connect with me on LinkedIn
-Find me on Instagram
Mentioned in this episode:
Book a Discovery Call with me
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Kirsty Darkins is an Investor, Mentor, Speaker, and co-host of Sky TV's Property Graduate on a mission to help people create jobs replacing income from commercial investments. After many years of a successful career as an investment surveyor, Kirsty "made herself unemployable;" she needed more time for herself, yet didn't know how to create it. Then, a seven-day retreat would change everything; it made her realise where she wanted to go with her life and career.
In this episode, Kirsty talks about her journey in property, her first deal in commercial property, thoughts on mentoring, investing, flipping, and much more.
What Is Covered:
Kirsty's fantastic story of how she got into commercial propertyHow working with a mentor will get you to the next level fasterHow to spot the right high street to invest inWhy investing in the right tenant will help you protect your assetsHow we can flip commercial propertyHow to deal with the counterintuitive side of investing in commercial propertyWhy "mixing" your tenants is a great ideaKirsty had some money to invest before getting into property. Yet, her differentiator and the reason behind her success was her courage and determination to create free time, trust her intuition, and surround herself with people who have "been there and done that" before her.
Resources:
Let's connect! Send me a VoiceMailDownload my Property Business Checklist - The Key Building Blocks for a Sound and Successful BusinessCheck out my WebsiteConnect with me on LinkedInFind me on InstagramMentioned in this episode:
Book a Discovery Call with me
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During my mentoring sessions, the subject of lawyers comes up quite a lot - how they are either being too slow, raising too many questions, or sometimes don't even seem to understand what the investor wants them to do. Well, my guest today is here to counter that impression. He is a lawyer with a property portfolio, a very rare breed in our business.
Tim Bishop qualified as a Solicitor in 1986. Some years later, he concentrated on the business development of his law firm, and now, in addition, property development and investment. He describes himself as an entrepreneur who owns a law firm and property investment business - including an HMO, serviced accommodation and commercial conversion. He is also very active online, in
In this episode, we talk about the importance of solicitors for property investors and how to choose the right one for your business. We also discuss recent changes in regulations, the role of solicitors in wills and trusts, the complexities of property transactions such as leaseholds, and more.
What is Covered:
Why there aren’t many property investors among solicitorsWhy property investors need not just solicitors, but specialty solicitorsDiscussing the proposed leasehold regulations changesThe importance of regular will reviews in terms of wealth and tax planningHow to deal with harassment orders against a landlordWays to keep your online transactions secure and avoid dodgy clients Managing clients’ expectations in terms of delays and challenges in transactionsEthics as a guiding principle in property transactionsBuilding trust with solicitorsThe thing is, the more property you do, the more problems you are going to need to have solved. That is why finding the right solicitor who understands your needs as an investor will make your property business soar.
Resources:
Let's connect! Send me a VoiceMailEpisode 119: The Strategic Investor: Mastering Property TradingDownload my Property Business Checklist - The Key Building Blocks for a Sound and Successful BusinessCheck out my WebsiteConnect with me on LinkedInFind me on InstagramMentioned in this episode:
Book a Discovery Call with me
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Financial and time freedom, and a stress-free head are certainly among the top five reasons why people get into property. Property works; everyone can do handsomely well in it, and although it isn't a guaranteed crock of gold, if you know your destination, you'll get there.
But you need to answer two key questions: What do you want, and when do you want it? In today's episode, we dive deep into an often-overlooked aspect of property, setting clear goals for lasting prosperity.
What Is Covered:
-Why it is crucial to set clear goals before starting in property
-How to aim for sustainable growth without going full time in property
-The impact of short-term sacrifices on long-term success
-Salary assessment - an essential part of financial planning
-The role of patience and time in property
Achieving success in property is a journey, not a destination. A well-defined roadmap, clear goals, and an eye on the long-term game are crucial to navigating the property landscape's complexities. Start by making informed decisions and understanding your objectives, and you'll be set to embrace the multifaceted nature of property entrepreneurship and succeed in it.
Resources:
-Let's connect! Send me a VoiceMail
-Download my Property Business Checklist - The Key Building Blocks for a Sound and Successful Business
-Check out my Website
-Connect with me on LinkedIn
-Find me on Instagram
Mentioned in this episode:
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Sophie Foote, a true HMO girl, is the Director of ROOMS, a company that takes shared houses and provides quality rooms for tenants and long-term contracts, guaranteed rents, and zero management fees to landlords. Sophie has lived and worked in Malaysia, Thailand, Vietnam, Fiji, Spain and Indonesia, where she bought an island and built her own scuba diving resort. Sophie's rapid success in property is self-explanatory when we consider her vast experience in business, sales and marketing, and the lessons her scuba diving resort taught her in management, excellence and professionalism in customer service.
In this episode, Sophie talks about the business side of HMOs, the lessons learned the hard way, and how she navigates the always tricky cash flow. We also discuss the importance of networking, what makes HMOs so attractive and much more.
What Is Covered:
-Sophie's thoughts on what makes people successful in property
-Why focusing on customer service is a must for property entrepreneurs
-The biggest regulations-wise hurdle for getting into property
-Why Sophie started with rent-to-rent
-What adding value to a property means
-Why networking is so crucial in property
-Sophie's thoughts on delegating in property business
Resources:
-Let's connect! Send me a VoiceMail
-Kobo - High-quality data collection software
-Xero - Accounting software
-Visit ROOMS
-Download my Property Business Checklist - The Key Building Blocks for a Sound and Successful Business
-Check out my Website
-Connect with me on LinkedIn
-Find me on Instagram
Mentioned in this episode:
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Paul Ribbons is a property business veteran who started as an acquisition agent in 1986, finding the freedom he needed at that particular time of his life in property. Today, as a podcaster, author, and property trader, Paul has a knowledge and understanding of the property market and human psyche that are so acute that he has repeatedly been able to predict market trends.
In this episode, Paul talks about the wider property world. Regardless of how long someone has been in property, we tend to concentrate solely on the brick and mortar, making sure we buy at the right moment at the right time and ignore the subtle messages the market sends. Those distractions can cost us tons of money, and Paul pinpoints many of the clues and flags we should be looking for when dipping our toes on the broader money market.
What Is Covered:
How different the property world was when Paul Ribbons startedAn ex-agent’s tips for dealing with agentsThe extraordinary story behind Paul’s bookModern methods in property auctionsThe advantages of running multiple deals simultaneouslyHow Paul developed the ability to predict market trendsHow to spot weaknesses in the marketMaking property mistakes is not only necessary, but inevitable and liberating. We all will buy a lemon at some point. Yet mistakes are learning experiences, so as property solopreneurs, we should not be afraid of them.
Resources:
Let's connect! Send me a VoiceMailDownload my Property Business Checklist - The Key Building Blocks for a Sound and Successful BusinessCheck out my WebsiteConnect with me on LinkedInFind me on InstagramMentioned in this episode:
Book a Discovery Call with me
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