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#218
Are you thinking of buying your first UK investment property?
Have you had enough of the UK and are thinking of leaving for pastures new and becoming an expat?
Are you perhaps scared to take the leap and are looking for a little inspiration?
Are you wondering what it would all look like for YOU?
These are just some of the questions that this week’s show will get you thinking about.
Tanya Summer's family moved to Dubai in 2022 following her husband's long-standing dream to teach in the city.
Initially, her husband and eldest moved in August 2022, while Tanya remained in the UK with her younger son,due to a recent promotion and her father's health.
Like many expats, their move overseas allowed them to turn their family home into a buy-to-let and get their Expat Property Story started.
Property & Poppadoms Hong Kong Launch
During the episode, we discuss:
Overcoming skepticism and fear of risk from othersTransition from family home to buy-to-let investment in TamworthInvestment in a Welsh Holiday Let/Serviced AccommodationDual-purpose purchase: own use vs. holiday letting for incomeProblems with void periods (especially winter)Mortgage considerations—higher rates for holiday letsManaging and Operating the Holiday Let RemotelySelection and experiences with managing agents (e.g., Sykes Cottages)High commission, poor performance, and financial lossesTransition to self-management and improved outcomesCleaning and local keyholder arrangementsIssues with local tradespeople availabilityUsing Airbnb, Booking.com, Vrbo, and other booking platformsStrategies for increasing direct bookings (e.g., Stayfi, QR codes, Wi-Fi codes)Compliance with changing platform rules (e.g., Airbnb messaging policies)Financial and Regulatory Challenges Specific to Welsh Holiday LetsHigh council tax for second homes (up to 300%)Stringent business rates qualification—requirement for 182 days’ occupancyComparison of Buy-to-Let vs. Holiday Let StrategiesSelf-management vs. using agents—costs, involvement, and controlDifficulty finding trustworthy local partners for property management and maintenanceImportance of monitoring local property marketsBenefits of local market knowledgeInvestment in Dubai vs. further UK investmentsMaintaining openness to opportunities as they ariseI'd Like Help With Setting My Goals
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KeywordsUK property investment, expat property investing, buy to let, holiday let, serviced accommodation, property portfolio, property management, self managing properties, property in Tamworth, property in Wales, Dubai property investment, property networking Hong Kong, mortgage rates, holiday let mortgage, void periods, remote property management, cleaning and maintenance, Airbnb management, Booking.com, Vrbo, Sykes holiday agency, business rates vs council tax, second home tax Wales, managing agents, finding tradespeople, capital growth, family relocation, sourcing property deals, property investment strategy, direct bookings, limited company property investment
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#217
Have you thought about flipping UK property to make some cash?
Have you thought about buying a property to flip via the so-called modern method of auction using companies like I Am Sold?
Have you wondered how to buy a property at discount without having to build relationships with lots and lots of estate agents in your chosen location?
Well, if you thought about any of these three questions before then this episode is for you.
And if you’ve thought about all three, then you’re in for a treat!
Simon Duckworth of Triangle Property Solutions actively sources and renovates properties for profit.
With extensive experience in the auction space, Simon has developed a very strategic approach to property investment.
We discuss:
· Buy 3, sell 2, keep 1 strategy
· Overview of traditional auctions
· Overview of Modern Method
· Tracking properties through multiple auction cycles / price reductions
· Watching listings for signs of seller motivation
· Step-by-Step Process of a flip listed on I am Sold
· Probate properties / SDLT
· The “no offer offer”
· Importance of timing and repeated engagement through auction cycles
· Refurb contingency
· Conveyancing timelines
· Selling strategy: price setting, agent selection, market testing
· Differences in pricing strategy between corporate and family-run agents
· Holding / selling costs
· Risks / challenges in Flips
· Risks: time overruns, market sentiment, refurb estimates
· Tips for Successful Flipping
· Need for organization / tracking
· Testing market prices / negotiation: “Say No Twice” strategy
· Buffers (refurb AND time)
· Maximizing Profit and Market Adaptation
· Expectations (profit / timelines)
· Adapting to slower / fluctuating markets.
· Lessons from HMO Challenges: Regulatory Headaches
· Simon’s near disaster with a large HMO project due to neighbor complaints.
Free Deal ClinicI'd Like Help With Setting My Goals
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Keywords
UK property flipping, modern method of auction, I am sold, property discounts, estate agents, investing capital, buy to flip, auction property sourcing, flipping strategies, property renovation, HMO investment, property refurb costs, auction cycle tracking, probate property, stamp duty savings, reservation fee, online property auctions, property market sentiment, conveyancing delays, property holding costs, selling strategies, estate agent negotiation, real estate CRM, flips vs -
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#216
One of the biggest challenges as a remote investor in UK Property is finding a property to buy from the other side of the world.
Many expats, nomads and foreign nationals turn to property sourcers to find a deal.
But this episode shows you there’s nothing to stop you doing it yourself.
Gary Gayner lives and works in Abu Dhabi.
He set up his own sourcing business after an unsatisfactory experience with a sourcer.
During the episode, we discuss:
Sourcing methods: direct-to-vendor marketing (Facebook, Google Ads), relationships with landlords / letting agentsImportance of rapport-building: phone calls, in-person meetings during UK tripsThe value of boots on the groundWhy off-market deals offer better discountsMotivated seller dynamics and the importance of understanding seller situationsUsing sold price comparables, not asking prices, for accurate valuationsThe need for balanced and transparent analysisComparing Leeds and Manchester for investment potential Investing in LeedsSelf-sourcing vs. using a sourcer: assessing your own time, energy, and experienceAdvice for vetting sourcers: checking for compliance, redress scheme membership, and client feedbackUsing PropertyEngine for deal filtering and due diligence around comparablesReverse-engineering your search via target letting agentsImportance of always making offers and following up, Due diligence essentials if using a sourcer: compliance, track record, client referencesGet in Touch
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InstagramKeywords
remote UK property investment, expat property investing, property sourcing, property deal sourcing, UK buy-to-let, building estate agent relationships, off-market property deals, Manchester property, Leeds property, Wakefield property, West Yorkshire property, capital appreciation, rental yield, turnkey property service, property education courses, property mentorship, due diligence, letting agents, property portfolio building, property comparables, sold price vs asking price, motivated sellers, property valuation, networking events UK, remote relationship building, property management, property market research, sourcing agent compliance, direct to vendor marketing, passive income property
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#215
As a remote investor in UK property, you can't easily visit the UK.
So you have to depend on UK-based partners for everything.
When things go wrong, fixing them from afar is way more challenging than for local investors.
So we’ve assembled some of the finest minds in UK property for perhaps the most important topic in property:
Rod Turner Akhil Patel Alicia Barlow Julian Maurice Damian Hughes Michael Cheek Rob Dix Jim Pittman Richard Brown Adam Lawrence Sean the Property Tax Accountant Dean PropSourcer Stuart Ball Dan Patient
Managing Risk Part 1 & Part 2
We discuss:
The connection between trust and riskCharles H. Green's Trust EquationCredibility / Reliability / Intimacy / Self-orientation (negative virtue)Recap of 300K lost in a joint venture dealMeeting in personIncremental relationship building Pitfalls of ReviewsIssues with online review sites such as Trustpilot:Trust But Verify: Due Diligence Reducing Risk / Testing TrustworthinessEarly Detection of Poor PartnershipsParallel Partners to Maintain LeverageCrumb MethodDue Diligence: on Companies HouseProperty SourcersI'd Like Help With Setting My Goals
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InstagramKeywords: expat property investment, UK property, remote investing, trust, risk management, due diligence, power team, property sourcer, letting agents, property management, joint venture property, self-orientation, verification, Companies House, mortgage broker, property mentor, trustpilot reviews, property scams, compliance checks
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#214
Is it really possible to make that much money in such a relatively short space of time?It can definitely be done, but to do it like this week’s guest, Oliver Adams, you’ll need knowledge, experience as well as the right mindset.
And you’ll have to work like a Trojan.
And, if you listen till the end, you’ll see how things can really unravel when misfortunes and disasters compound.
You won't want to miss this one!
In the episode, we discuss:
Details on first property trade Balancing profitable, break-even, and loss-making dealsHandling periods of higher loss ratiosA typical dealSeller motivationsPricing negotiations based on quick cash offers and the seller’s emotional stateProcess from Acquisition to SaleHands-on approach: self-performing initial property clear-outs, cleaning & minor maintenanceGradual shift to contracting out more tasks to save time Sales Strategy/Auction TacticsPreference for quick 2-week completions: smaller profits for faster capital recyclingLow reserve prices to stimulate interestTrade-offs between profit maximization and deal volumeValuation Approach and Market AnalysisEIG (Essential Information Group) and RightmoveStrict eight-week cycle for turnoverOpinion on limited value of dataAuction outcome variation On-market Vs off-market / Seller psychologyDeal Sourcing StrategiesMindsetThe shift from hands-on control to leveraging contractors for efficiency and global flexibilityRecommendations for expats or remote investors: Recovering / Learning from FailureExample of a high-loss deal: compounding misfortunesThe emotional and strategic process of recovery: analyzing what went wrong, learning (e.g., construction type, local sentiment), and mentally moving onThe psychological need to keep trading and not let losses inhibit future risk-takingI'd Like Help With Setting My Goals
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What's the one thing you’re struggling with in UK propertyWhere to meet Expat Property Investors (For FREE):
Hong Kong: Pacific Coffee, 2/F, Central Building, Central (1st Sat of month from 11:30 am)
Dubai: Holiday Inn, Science Park (1st Weds of month from 7pm)
Singapore: The Providore VivoCity (1st Sat of month from 10:30 am)
Keywords
volume property trading, UK property auctions, remote property investing, expat property investment, property flipping, property sourcers, off-market deals, auction reserve prices, risk management in property, mindset for investors, property refurbishments, bridging finance, property trading companies, stamp duty exemptions, due diligence, market value assessment, property profit margins, loss recovery strategies, seller sentiment, auction completion times, portfolio growth, subcontracting property work, property clearance, motivated sellers, non-standard construction, auction buyer psychology, sourcing property leads, estate agent valuations, property trading business model
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#213
In this episode, we look at seven reasons why you might want to pick Houses of Multiple Occupancy (HMOs), and seven reasons why you might choose Standard Buy to Lets as your strategy.
By the end of the episode, you can come to your own conclusion as to which is best for you.
Reasons to Choose HMOs
Higher YieldsMain reason for choosing HMOsPotential income comparison with Single LetsDemandSupply vs. demand in the HMO marketFactors contributing to demand: rising property prices, energy costs, population changesNiche OpportunitiesTarget tenant types: students, professionals, medical students, etc.Social housing and supported living HMOsReplacing Your IncomeMotivations for choosing HMOs over secure jobsFinancial aspirations and goalsReducing Risk of VoidsComparison of void risks between HMOs and Single LetsCommercial ValuationsExplanation of valuation differences between residential and commercialImportance of working with knowledgeable brokersCash FlowImportance of cash flow in real estate investmentsReasons to Choose Single Lets
SimplicityEasier management and less conflictSimpler tenant managementBroader market for selling propertiesGood for BeginnersLess stress and complexity for first-time investorsLower RiskRisks associated with HMOs compared to Single LetsFinanceLower lending costsManagement costs and property maintenanceTime EfficiencyLess time needed for buying, refurbishing, and tenant managementLess Market VolatilityFewer fluctuations affecting Single LetsCapital GrowthCharacteristics of properties that appreciate over timeI'd Like Help With Setting My Goals
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What's the one thing you’re struggling with in UK propertyWhere to meet Expat Property Investors (For FREE):
Hong Kong: Pacific Coffee, 2/F, Central Building, Central (1st Sat of month from 11:30 am)
Dubai: Holiday Inn, Science Park (1st Weds of month from 7pm)
Singapore: The Providore VivoCity (1st Sat of month from 10:30 am)
Keywords
Single Lets, HMOs, UK property investment, remote investor, higher yields, property strategy, rental income, demand and supply, housing market, property investor, rental properties, English Housing Survey, property prices, single tenant, property management, cash flow, income replacement, market volatility, capital growth, property finance, risk management, real estate investment, property appreciation, UK housing ladder, residential property, commercial valuation, property portfolio, remote property management, buy to let.
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#212
Have you bought or thought about buying a UK property at auction?
Maybe you’re put off because you don’t know your way around a legal pack?
Or you don’t trust yourself to spot outrageous hidden fees.
Or you’re just reluctant to pay a solicitor hundreds of pounds to review a deal that you might not even buy.
In this episode, we present an alternative solution.
Jade Shrubsole has made it her mission to increase transparency in the auctions and is set to revolutionise the space with her new company Docuwise.
Docuwise is AI for reviewing auction legal packs.
In the episode, we discuss:
· Difficulties in understanding legal packs
· Concerns about hidden fees by sellers
· The evolution of auction services / software
· Docuwise as an AI tool for summarizing complex legal documents
· Transparency in auction transactions
· How DocuWise integrates with EIG’s Auction Passport service
· The benefits for auctioneers
· Solicitors' workload and high costs affecting auction transactions
· Examples of auction pitfalls due to unread legal packs
· The capability of handling complex documents like commercial leases
· Bulk purchase options for regular auction buyers
· Importance of the DocuWise button as a signal for transparency
· Examples of how DocuWise has highlighted hidden fees
· Real-life use cases showing DocuWise's impact on auction transparency
I'd Like Help With Setting My Goals
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What's the one thing you’re struggling with in UK propertyWhere to meet Expat Property Investors (For FREE):
Hong Kong: Pacific Coffee, 2/F, Central Building, Central (1st Sat of month from 11:30 am)
Dubai: Holiday Inn, Science Park (1st Weds of month from 7pm)
Singapore: The Providore VivoCity (1st Sat of month from 10:30 am)
Keywords
Expat UK property investment, Buying UK property remotely, UK property auctions, Legal packs for UK property, DocuWise auction review, Remote UK real estate investment, UK property for expats, AI for property auctions, UK property legal document review, Investing in UK property from abroad, UK property auction tip, Hidden fees in property auctions, Reviewing UK auction packs, Digital nomad UK property investment, Expat property buying guide, UK property investment challenges, Exploring UK property auctions, Streamlining UK auction purchases, UK auction legal packs, UK expat property podcast, Buying UK property at auction, Transparency in property auctions, UK property auction solutions, Efficient property research, Avoiding surprises in auctions, UK real estate for digital nomads, Auction property investment, Auction detective skills, Expat buying property UK, Remote auction property purchase
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#211
This week, we show you how to buy, refurbish and refinance with speed and efficiency.
Kirsty and Gary from Ormad Properties have been buying mostly two or three bed terraced houses in and around Leeds.
They both had a property each when they first met and soon bought a third one together in 2014.
But in 2020, they decided to scale their portfolio which now contains 23 properties, 20 of which are single lets and three Serviced Accommodation.
Their business model relies on volume.
They aim at turning projects around in around 8 to 10 weeks in order to recycle as much of their funds as possible.
During the episode, we discuss:
o Importance of time and efficiency in property investment.
o Their focus on low risk, volume, and quick project turnaround.
o Importance of having a plan before property acquisition.
o Lining up tradespeople and efficient scheduling.
o Building relationships with tradespeople.
o Importance of reliable and communicative trades over cost.
o Importance of understanding property photos beyond decor.
o Using Google Street View as a tool for checking property and area details.
o Assessing property condition from photos
o Internal Property Inspection Tips
o Key factors to inspect internally, particularly structural and utility aspects.
o Signs of necessary repairs, especially electrical and plumbing.
o Modernizing kitchens and bathrooms as part of a cost-effective renovation.
o The balance between speed and quality in project completion.
o Utilizing past project data to inform budget and timeline for new projects.
o Advantages of buying properties at auctions for speed.
o Strategic approach to bidding at auctions.
o Pre-auction and post-auction buying techniques.
o Discussion on the refinancing process and common delays.
o Importance of starting refinancing before project completion.
o Decision factors for choosing lenders and mortgage brokers.
o The criteria Kirsty and Gary use to determine a good deal.
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What's the one thing you’re struggling with in UK propertyWhere to meet Expat Property Investors (For FREE):
Hong Kong: Pacific Coffee, 2/F, Central Building, Central (1st Sat of month from 11:30 am)
Dubai: Holiday Inn, Science Park (1st Weds of month from 7pm)
Singapore: The Providore VivoCity (1st Sat of month from 10:30 am)
Keywords
Buy refurbish refinance, BRR projects, Property investment, Remote investors, UK property, Single lets, Serviced accommodation, Property portfolio, Refinance process, Project management, Bridging finance, Auction properties, Trade team, Renovation efficiency, Property valuation, Tenant agreements, Mortgage broker, Crime rates, Google Street View, Property photos, Renovation costs, Project timeline, Rental income, Tenant screening, Property surveys, EICR certification, Pla
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#210
Most people invest in UK property because of its Long-term potential for capital growth
If you’re an expat, foreign national or any other kind of remote investor, then you probably tend to prefer strategies that require less hands-on management.
Unless you have friends or family in your chosen investment patch, then you’re going to need to work with people on the ground.
Despite what people will tell you, this is not passive investment.
Even if you find a turnkey UK property partner, you need to understand as much about the sourcing and refurb process to make sure you are getting a good dealThis episode is here to help you do just that.
Romanian born George Samoila provides a turnkey service for remote investors looking to invest in Manchester.During the episode, we discuss:
Advantages of buy-to-let properties, particularly three-bed semisProperty Sourcing and Working with AgentsSourcing methods: on-market, off-market, auctions, and partnershipsTimeframes and hurdles in building agent relationshipsPreference for properties requiring minimal refurbishmentAnalysis of buying with cash versus mortgagesMarket conditions affecting property availabilityImportance of using sold subject to contract prices for valuationChallenges with land registry delaysTips for validating comparables and using agent insightsManaging Refurbishments for Remote InvestorsEnsuring transparency and verification in refurb costsUsing level two Homebuyers ReportsCommunication and monitoring of refurbishment progressNew feature: property disastersExample of a social housing provider going bustLessons learned from provider failures and importance of diversificationDiversificationI'd Like Help With Setting My Goals
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What's the one thing you’re struggling with in UK propertyWhere to meet Expat Property Investors (For FREE):
Hong Kong: Pacific Coffee, 2/F, Central Building, Central (1st Sat of month from 11:30 am)
Dubai: Holiday Inn, Science Park (1st Weds of month from 7pm)
Singapore: The Providore VivoCity (1st Sat of month from 10:30 am)
Keywords
UK property investing, expat investors, remote investing, capital growth, turnkey service, property sourcing, Manchester property, buy to let, HMO, property refurbishing, mortgage, property management, capital appreciation, real estate strategies, property comparables, project management, long-term investment, property portfolio, social housing, level two homebuyers report, property disasters, property auctions, bridging finance, financial diversification, property conveyancing, rental yields, property location, refurbishment costs, property value, real estate due diligence.
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#209
Damian Hughes, co-host of the High Performance podcast returns for the second half of our interview.
Last week, in Episode 208, we talked about how to create a culture for your organiasation, whether that's just you and a couple of others, or a huge organisation.
This week's show is mostly about Mindset.
Damian answers the question of how to motivate yourself on the days when you're not quite at the races.
During the episode, we discuss:
o Importance of mindset for expats with a side hustleo Discussion on how motivation can fluctuate and the importance of habits.
o Reference to James Clear's idea that you fall to the level of your habits.
o Difference between extrinsic and intrinsic motivation.
o Use of autonomy, mastery, and belonging in maintaining motivation.
o Olympic swimmer Adam Peaty and his commitment to winning.
o CEO Toto Wolff and the complexity of happiness vs. performance.
o Contentment and inner peace as alternatives to happiness
o How individuals define their own high performance and happiness.
o The difference between high performance and world-class performance.
o Emotional Literacy and Self-awareness
o Envy vs. jealousy.
o Discussion on the importance of recognizing when to pivot and change goals.
o Reference to Muhammad Ali’s long career and the role of one's support circle.
o Ideal housemates: Brian Keenan, Eric Cantona, and his father.
o Top books for mindset: Jonathan Haidt, Steve Biddulph, James Clear.
o Importance of environment and community in achieving success.
I'd Like Help With Setting My Goals
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What's the one thing you’re struggling with in UK propertyWhere to meet Expat Property Investors (For FREE):
Hong Kong: Pacific Coffee, 2/F, Central Building, Central (1st Sat of month from 11:30 am)
Dubai: Holiday Inn, Science Park (1st Weds of month from 7pm)
Singapore: The Providore VivoCity (1st Sat of month from 10:30 am)
Keywords
Expat Property, Property Portfolio, UK Property Market, Building Portfolio, Property Investment, Real Estate Strategies, UK Property Investments, Expat Property Story, Property Success, High Performance Mindset, Portfolio Growth, Property Recruitment, Real Estate Motivation, UK Real Estate, Property Expert Tips, Investment Setbacks, Property Goals, Mindset for Success, Real Estate Achievements, UK Property Guide, Property Resilience, Investment Skills, Real Estate Habits, Motivational Property Tips, UK Property Opportunities, Property Network, Financial Goals, Real Estate Support, Expat Investment Advice, Property Lifestyle
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#208
As co-host of The High Performance Podcast, Damian Hughes has interviewed some of the highest achieving people on the planet.
From Richard Branson to Emily Maitliss to Arnold Shwarznegger. From Gordon Ramsay to Dame Kelly Holmes to Sir Keir Starmer.
So he must have learned a thing or two on the way.
Damian started his change management consultancy Liquid Thinker practice while still working for a global multinational.
He knows what it's like to start a side-hustle while woking full-time.
This episode is about finding your purpose, your drive and following your true passion.
It’s about side hustling, recruitment, and creating a culture for your organisation, whether it’s just you and one or two others or a big enterprise.
It’s about achievement, ambition, and ultimately, it’s about high performance.
It's an episode you CAN'T miss!
During the episode, we discuss:
· Damian's Story with Unilever
· Transition to starting a side hustle leading to Liquid Thinker
· Passion & purpose
· Different definitions of High Performance
· Advice for busy expats with side hustles
· Ikigai
· Side hustling
· His dad's community work
· School Coat charity
· ‘The Barcelona Way’
· Principles of FC Barcelona’s culture and team dynamics
· Recruitment / building culture
· Balancing speed and collaboration
· ‘The Dickhead Test’
· SAFE acronym for successful environments:
S: Status
A: Autonomy
F: Friendship Groups
E: Equality
· Focusing on successes for confidence and improvement
· Research findings on how to analyze past experiences effectively
I'd Like Help With Setting My Goals
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Join our Mailing List to join our WhatsApp group AND access our 37 Question Due Diligence Checklist AND our 23 Step Guide to Buying Property at Auction AND our Newsletter
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What's the one thing you’re struggling with in UK propertyWhere to meet Expat Property Investors (For FREE):
Hong Kong: Pacific Coffee, 2/F, Central Building, Central (1st Sat of month from 11:30 am)
Dubai: Holiday Inn, Science Park (1st Weds of month from 7pm)
Singapore: The Providore VivoCity (1st Sat of month from 10:30 am)
Keywords
Expat property investment, recruitment, side hustle, culture, business consultancy, elite performance, teamwork, change management, remote investors, UK property, expat lifestyle, entrepreneurship, financial independence, passion, purpose, organizational culture, company values, psychological safety, mental resilience, personal growth, success analysis, corporate world, mindset, ambition, career transition, work-life balance, professional development, podcasting, personal branding, property portfolio. -
#207
it’s never too late to take a step back and reassess what you have, where you are and what might come next.
And that’s the purpose of this week’s show featuring Vicki Wusche who takes us through the three phases of UK property portfolio building:
Acquisition
Consolidation
Development
Vicki first appeared on EPS all the way back in Episode 5
During the episode, we discuss:
· Acquisition phase focusing on buying properties.
· Consolidation phase focusing on assessing property performance.
· Development phase: expanding / redefining property-related activities.
· Options for further development or transition, such as sourcing business.
· The importance of creating systems for ease of management and expansion.
· Tenant Referencing Challenges:
· Importance of understanding the referencing process.
· Need for upskilling letting agents to handle referencing.
· Misconception about landlords competing with residential buyers.
· Importance of holding nerve in competitive pricing.
· Emphasis on reverse engineering property stories and exit strategy.
· Analyzing property performance for continuous improvement.
· Consideration of what owning a portfolio in later years entails.
· Considerations for involving children in property management interests.
· Discussion on passing on or consolidating a portfolio.
· The significance of discussing property investment with children early on.
· Descriptions of dealing with landlord and property issues.
· Importance of solving problems with properties for better management
· Vicky's Personal Portfolio Strategies:
· Discussion on loan to value considerations.
I'd Like Help With Setting My Goals
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What's the one thing you’re struggling with in UK propertyWhere to meet Expat Property Investors (For FREE):
Hong Kong: Pacific Coffee, 2/F, Central Building, Central (1st Sat of month from 11:30 am)
Dubai: Holiday Inn, Science Park (1st Weds of month from 7pm)
Singapore: The Providore VivoCity (1st Sat of month from 10:30 am)
Keywords
UK property portfolio, acquisition phase, consolidation phase, progression phase, property investment, financial resilience, building a property portfolio, renters rights bill, letting agent, referencing process, fake documents, property regulation, property resilience, competitive property market, estate agents, property investment strategy, landlord skills, National Residential Landlords Association, buy-to-let, HMO properties, property exit strategy, limited companies, property growth, property stabilization, portfolio analysis, remortgage strategy, property
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#206
It’s often said in property that you make your money at the point of purchase.
If you’re serious about building a property portfolio then you need to be trying to buy at wholesale rather than retail prices.
But if you don’t want to pay someone to find deals for you, then you should at least use the resources that sourcers themselves use.
Property Engine is the go-to property portal of choice for many sourcers.
I signed up for a two-week trial and was so impressed that I invited founder Jamie Greeff onto the show to tell us all about it.
Jamie is generously offering 50% off the first month for Expat Property Story listeners.
All you need to do is to use the code EXPAT when you click on the link in the show notes.
During the episode we discuss:
o Jamie’s background and inspiration for PropertyEngine
o Target Audience
o Affordable pricing and market appeal
o Development of PropertyEngine
o Features of PropertyEngine
o Comparison with competitors
o Customizable strategies for users
o Unique data points and performance
o Package differences and potential future additions
o Examples of unique user strategies
o Testimonials on data reliability and customer satisfaction
o Flexibility and Customization Power
o Ability for users to integrate existing workflows
o Discussion of unique customer cases and satisfied clients
o Importance of creativity in property investing
o Time-saving features of PropertyEngine
I'd Like Help With Setting My Goals
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Join our Mailing List to join our WhatsApp group AND access our 37 Question Due Diligence Checklist AND our 23 Step Guide to Buying Property at Auction AND our Newsletter
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What's the one thing you’re struggling with in UK propertyWhere to meet Expat Property Investors (For FREE):
Hong Kong: Pacific Coffee, 2/F, Central Building, Central (1st Sat of month from 11:30 am)
Dubai: Holiday Inn, Science Park (1st Weds of month from 7pm)
Singapore: The Providore VivoCity (1st Sat of month from 10:30 am)
Keywords
Expat Property Story, property portfolio, wholesale prices, retail prices, discounted deals, ROI, Property Engine, Property Filter, Prop Saucer, Jamie Greef, UK property, remote investors, motivated sellers, deal analyzer, property engine features, property sourcing, investment strategies, property data, market trends, UK property investment, sourcing business, property deals, property filters, property engine pricing, sourcing pipeline, property licensing, direct to vendor letters, property analysis, property comparables, expat property investment.
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#205
If you’re not in a hurry to replace your income and you’re looking for long-term capital growth, then your good old fashioned single let is the easiest route to long-term wealth with minimum effort.
So if you’re a busy expat looking to build a UK portfolio with as little stress as possible, but with a good long-term return on your investment, then you won’t want to miss this week’s show.
Returning guest Darren McNeill of FMP Property Group first appeared back in Episode 74: Why You Should Keep a Journal.
In this episode, Darren explains why Buy to Let is not just alive & kicking in the North West, but thriving.
And Darren is offereing a £500 discount on his sourcing fee for the first 5 lucky listeners to get in touch.
During the episode, we discuss:
Why buy-to-let isn't deadBuy-to-lets vs. HMOs and serviced accommodationsThe simplicity and long-term benefits of BTLBenefits of investing in FMP’s area around Rawtenstall and Rossendale ValleyCapital growth data indicating strong performanceExplanation of market demand and affordability in that regionExample of a successful property investmentRefurbishment details and capital appreciation over timeExplanation of turnkey propertiesMarket demand, property inquiries, and buyer typesImpact of pricing and best and final offer situationsFMP’s Business OperationsOverview of the sourcing, renovation, and property business growth.Structure of FMPincluding subcontractors and partners.Refurb project management and timelines.Challenges in Property SourcingThe role of estate agents and the frustrations involved.Example of dream clients based in Canada.Discussion on purchase prices and client expectations.Caution against cost of lost opportunity.Importance of simple strategies for expats.Exclusive offer for podcast listeners.I'd Like Help With Setting My Goals
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What's the one thing you’re struggling with in UK propertyWhere to meet Expat Property Investors (For FREE):
Hong Kong: Pacific Coffee, 2/F, Central Building, Central (1st Sat of month from 11:30 am)
Dubai: Holiday Inn, Science Park (1st Weds of month from 7pm)
Singapore: The Providore VivoCity (1st Sat of month from 10:30 am)
Keywords
Expat Property Guy, buy to let, capital growth, UK portfolio, single let, podcast, real estate investment, UK Property Investor, Darren MacNeil, Property Hub forum, portfolio building, expat investing, low risk investment, turnkey property, refinancing, long term strategy, property sourcing, UK property market, Rossendale, Lancashire, real estate strategies, property renovation, Manchester property market, rental income, capital appreciation, BRR method, limited company, property sourcing service, remote investors, real estate challenges, expat property story.
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#204
Bricks and mortar don’t come cheap.Your own funds can only take you so far.
I’m sure you’ve heard lots of people talking about working with private investors.
But how do you go about finding them.
In a nutshell, you need to market yourself.
In this week’s show, we’re joined by Louise Jowsey.
Louise has over 20 years' marketing experience gained in real estate, financial services, media and retail sectors so she’s well placed and qualified to provide strategic AND tactical Marketing for small, ambitious property businesses.
In this episode, we discuss:
The 3 key traits needed for successful marketing: Customer-centric, Consistency, and ClarityThe importance of understanding your target audience How to identify your customer base by examining your own background, strengths, and storyThe significance of listening to potential clients to understand their pain points and needsThe need for consistency in marketing efforts Messaging frameworks in marketing (typically 8-10 core messages)Compliance when marketing to private investors, especially regarding FCA regulationsThe concept of brand archetypes based on 12 core human desiresHow to use AI tools like ChatGPT effectively by incorporating brand strategy and tone of voiceThe importance of aligning personal and business brands for authenticityThe "11-7-4 rule" for building trust (11 hours, 7 separate occasions, 4 different places)Louise's background in education and her charitable work in CambodiaHow to develop a distinct tone of voice that matches your brand values and target audienceLouise's Charity in Cambodia
The 12 Brand Archetypes
I'd Like Help With Setting My Goals
Leave an honest review of Expat Property Story
Join our Mailing List to join our WhatsApp group AND access our 37 Question Due Diligence Checklist AND our 23 Step Guide to Buying Property at Auction AND our Newsletter
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What's the one thing you’re struggling with in UK propertyWhere to meet Expat Property Investors (For FREE):
Hong Kong: Pacific Coffee, 2/F, Central Building, Central (1st Sat of month from 11:30 am)
Dubai: Holiday Inn, Science Park (1st Weds of month from 7pm)
Singapore: The Providore VivoCity (1st Sat of month from 10:30 am)
Keywords
UK property resource, property investors, private investors, marketing campaign, customer centric, consistency, clarity, direct to vendor marketing, customer insights, niche marketing, target audience, customer avatar, pain points, customer needs, customer goals, marketing strategy, features and benefits, tone of voice, brand archetypes, messaging framework, social media engagement, property portfolio growth, financial services compliance, FCA compliance, AI tools, Chat GPT, marketing training program, customer research, business strengths, networking events.
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#203
Buying a leasehold property with less than 80 years left on the lease offers savvy investors the opportunity to add value and force the appreciation in a short timeframe.This allows you to potentially recycle your cash and turbo charge the growth of your portfolio.
Short lease extensions are equally powerful whether you’re trading for a quick profit or holding for cashflow.
And if you can combine lease extensions with other value adding strategies such as BRR (Buy Refurbish, Refinance) and reconfiguring properties to add more bedrooms, then you can make some serious cash.
Jason Patterson, is a seasoned property investor with over 23 years of experience in UK property.
He built his portfolio from a standing start, from money saved from his job stacking shelves in Sainsbury’s in Camden, North London.
In total, Jason worked at Sainsbury’s for 11 years, and as a side hustle, he almost accidentally focused on leasehold properties with short leases, a niche that would later earn him his nickname as the Short Lease King.
During the episode, we discuss:
o Benefits of purchasing properties with short leases
o Explanation of what constitutes a short lease
o Impact on property value and mortgageability
o Sweet Spot for Short Leases
o Discussion on ideal lease lengths for extending
o Combining short lease strategy with mortgageability
o Steps to gather lease extension information
o Importance of contacting freeholders
o Explanation of Section 42/Leasehold Reform
o Impact of potential leasehold reforms on buying strategies
o Handling Vendor Resistance
o Challenges with uncooperative vendors
o Augmenting Short Lease Strategy with Additional Strategies
o Combining this strategy with BRR and reconfiguration
o "Triple Threat" properties
o Criteria and considerations for choosing properties
o Common mistakes new investors make
o Reasons why this strategy may suit expats
o Financial Considerations and Leasehold Reforms
o The effect of Leasehold reform
o Impact of leasehold reforms on profitability
I'd Like Help With Setting My Goals
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Join our Mailing List to join our WhatsApp group AND access our 37 Question Due Diligence Checklist AND our 23 Step Guide to Buying Property at Auction AND our Newsletter
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What's the one thing you’re struggling with in UK propertyWhere to meet Expat Property Investors (For FREE):
Hong Kong: Pacific Coffee, 2/F, Central Building, Central (1st Sat of month from 11:30 am)
Dubai: Holiday Inn, Science Park (1st Weds of month from 7pm)
Singapore: The Providore VivoCity (1st Sat of month from 10:30 am)
Keywords
property investment, wholesale property, retail property, problem properties, lease extension, Short Lease King, UK property, buy refurbish refinance, refurbish properties, refinancing, property portfolio, property expertise, HMOs, property value, mortgageability, leasehold properties, leasehold reform, capital growth, dilapidated properties, leaseholder, freeholder, section 42 notice, lease extension premium, property strategies, property education, property market, rental property, property investors, leasehold surveyor, UK housing market
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#202
A few months ago, after Your Property Network Magazine, more commonly known as YPN, had asked me to write an article about the story of a podcast, they asked me for an audio version to release on an App they were developing for the magazine.So I thought you might like to hear it too!
The article was featured in the September issue of YPN, and this episode features the audio version as released on the App.
To flesh out the episode, we asked AI for the ten most important lessons from the first 200 episodes of Expat Property Story.
Listen to the episode to find out what they were.
I'd Like Help With Setting My GoalsLeave an honest review of Expat Property Story
Join our Mailing List to join our WhatsApp group AND access our 37 Question Due Diligence Checklist AND our 23 Step Guide to Buying Property at Auction AND our Newsletter
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What's the one thing you’re struggling with in UK propertyWhere to meet Expat Property Investors (For FREE):
Hong Kong: Pacific Coffee, 2/F, Central Building, Central (1st Sat of month from 11:30 am)
Dubai: Holiday Inn, Science Park (1st Weds of month from 7pm)
Singapore: The Providore VivoCity (1st Sat of month from 10:30 am)
Keywords
Expat Property Story, podcast, expat property investor, UK property, property portfolio, Chinese New Year, Philippines, operations manager, private investor, Hong Kong, property podcast, Rob Dix, Property Podcast, UK properties, overseas investors, mortgages, self employed, currency concerns, non resident factors, tax differences, limited company, property deals, student HMOs, investment patch, pension plan, real estate, narrative podcast, serviced accommodation, auctions, Derbyshire, East Midlands. -
#201
UK property is a really powerful tool for growing your wealth. But to do it well, you need to buy at a discount, add value and make sensible use of leverage. One way to do this is through a concept called Buy, Refurbish & Refinance (BRR) And that’s what today’s episode is all about.
When Mortgage Express fell to pieces in the wake of the Financial Crisis, Kevin Wright devised a strategy that came as close to the concept of recycling your cash as legally possible, and that was how BRR came to be
I'd Like Help With Setting My Goals
During the episode, we discuss:· Historical Context of BRR
· Kevin Wright's development of the BRR concept post-2008 crisis
· Sacrifice as a key trait for portfolio building
· Ready-to-rent vs. BRR
· Forcing appreciation through refurb
· Remote property management challenges
· Buying Phase
· Identifying problem properties and motivated sellers
· Tools for remote property searches
· How to buy at discount
· System Setups for Viewing Properties
· Need for consistent tracking and follow-ups
· Monthly check-ins with estate agents
· CRMs for property tracking
· Collaborating with UK-based partners for reduced mortgage rates
· Importance of boots on the ground
· Refurb Phase
· Common property issues: dilapidation, structural issues
· Reliable tradesmen and project management
· Refinancing Phase
· Expat mortgage restrictions
· Leveraging partnerships with UK residents for better rates
· Variability in lender regulations
Leave an honest review of Expat Property Story
Join our Mailing List to join our WhatsApp group AND access our 37 Question Due Diligence Checklist AND our 23 Step Guide to Buying Property at Auction AND our Newsletter
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What's the one thing you’re struggling with in UK propertyWhere to meet Expat Property Investors (For FREE):
Hong Kong: Pacific Coffee, 2/F, Central Building, Central (1st Sat of month from 11:30 am)
Dubai: Holiday Inn, Science Park (1st Weds of month from 7pm)
Singapore: The Providore VivoCity (1st Sat of month from 10:30 am)
Kevin Wright's YouTube Channel
Keywords
Expat Property Story, UK property investment, buy refurbish refinance, property finance, property investment strategy, residential property, real estate investing, Kevin Wright, property podcast, remote property investors, property renovation, property appreciation, property valuation, property market, financial crisis, Mortgage Express, leverage in property, property deal, property sourcing, property purchase process, property refurbishment, refinancing property, property financing options, expat investors, UK property market, property investment tips, property investment mistakes, property development, property portfolio building, property investment advice. -
Welcome to the 200th episode of the Expat Property Story podcast, where we've been guiding you on your property investment journey across 150 countries since early 2022.
Economy EventsEgoEmotions
Today, we have a special guest, Gavin Gallagher, host of the Irish property market podcast "Behind the Facade."
Join us as Gavin shares his compelling story of triumphs and setbacks, drawing from his vast experience during Ireland's Celtic Tiger boom to the crushing 2008 financial crisis.
Gavin has identified four factors that will impact your UK Property Story:o "Four E's": Economy, Events, Ego, and Emotions
o Issues with over-leveraging and pursuit of quick profits
o Importance of discipline, patience, and emotional management
o Psychological aspects of investing
o Risks of Investing in Foreign Markets
o Currency exposure challenges, especially post-Brexit
o Gavin's experiences with property markets in Spain and New York
o Learning from successes and failures
o Overcoming ego and managing emotions in investing
o Importance of understanding market conditions
o Analyzing success and being cautious while investing internationally
o Importance of sustainability and energy performance
o Unintended consequences of policies like "rent pressure zones"
Leave an honest review of Expat Property Story
Join our Mailing List to join our WhatsApp group AND access our 37 Question Due Diligence Checklist AND our 23 Step Guide to Buying Property at Auction AND our Monthly Newsletter
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What's the one thing you’re struggling with in UK propertyDetails of where to meet Expat Property Investors (For FREE):
Hong Kong: Pacific Coffee, 2/F, Central Building, Central (1st Saturday each month from 11:30 am)
Dubai: Holiday Inn, Science Park (1st Wednesday each month from 7pm)
Singapore: The Providore at VivoCity (1st Saturday each month from 10:30 am)
Keywords
over-leveraging, quick-profit pursuits, financial downturn, investing discipline, patience in investing, personal investment mistake, foreign markets risks, currency exposure, Brexit impact, coaching business, educational initiatives, psychological aspects of investing, instant gratification, international markets, Expat Property Story podcast, podcast growth, UK property factors, economy, external events, ego, emotions, Irish property market, property portfolio, Celtic Tiger period, financial crisis impact, policy impact, rent pressure zones, rental market, sustainability, energy performance, resilient investing. -
#199
Importance of hard work, determination, and resilience in overcoming challengesMoney saving strategies The influence of Robert Kiyosaki's Rich Dad, Poor DadAttending networking meetings to gain knowledge (BRRR) strategyIssues with unqualified renovators in early projectsRapid expansion of property portfolio to 56 propertiesTrust issues with employees leading to financial lossesThe importance of verifying work and hiring certified professionalsBalancing personal stress with expanding business responsibilitiesPartnerships with wealthy investors for joint venturesExpansion into multiple business entities including property sourcing and education Impact of increased responsibility and stress on personal and professional lifeFocus on balancing personal well-being with business growth and opportunities
What challenges do you face building a UK property portfolio?
What excuses do you make as to why your story may have stalled?
Maybe life has got a little too comfortable for you
Maybe you need some inspiration about how much can be achieved with virtually no funds.
And little UK property knowledge.
And hardly any free time.
Dawid Dowbusz arrived in the UK with his girlfriend and just £300.
Fast forward ten years and they have built a portfolio of more than £9 Million, with dozens of properties.
If you can’t get inspiration from their story, you’ll probably find yourself in the same position at the end of this year as you do at the start.
I'd Like Help With Setting My Goals
(Download a Free Comprehensive Cheat Sheet PDF)
During the episode, we discuss:Leave an honest review of Expat Property Story
Join our Mailing List to join our WhatsApp group AND access our 37 Question Due Diligence Checklist AND our 23 Step Guide to Buying Property at Auction AND our Monthly Newsletter
Follow Us on Instagram
What's the one thing you’re struggling with in UK propertyDetails of where to meet Expat Property Investors (For FREE):
Hong Kong: Pacific Coffee, 2/F, Central Building, Central (1st Saturday each month from 11:30 am)
Dubai: Holiday Inn, Science Park (1st Wednesday each month from 7pm)
Singapore: The Providore at VivoCity (1st Saturday each month from 10:30 am)
Keywords
property investment, UK rental market, Houses in Multiple Occupation (HMO), single-let properties, property development, Scunthorpe, Sheffield, financial strategy, subletting, minimum wage jobs, buy-to-let mortgage, property renovation, networking events, expat community, joint venture, property sourcing, project management, letting agency, education company, remortgaging, rental income, certified professionals, contractor trust, Polish expat, UK property portfolio, digital nomads, remote investors, mechanical engineering, property portfolio growth, financial discipline. - Mehr anzeigen
