ASK 171: Should I flip down south or buy-to-let up north? PLUS: I’m over 40…is it too late?

The Property Podcast

Rob Bence & Rob Dix

News, Investing, Education, Business, Business News

4.8 • 2K Ratings

🗓️ 29 January 2019

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week on Ask Rob & Rob, we’ve got Megan from Bournemouth who’s wanting a bit of advice on if she should stick to her hobby of flipping residential properties in the south, or, move on to buy to let properties in the north. Rob D delves in to the pros and cons of flipping properties and whilst the cons are certainly manageable, they aren’t always for everyone. However, Rob does discuss one huge factor that could save you a serious amount of cash. Femi also got in touch wanting to know if he has left it too late to start investing in property now that he’s hit 40. You’ll have to tune in and listen to find out what Rob B’s answer was. If you’ve been considering flipping a property or are just getting started on your property investment journey, then you won’t want to miss this. Press play and tune in to this week’s Ask Rob & Rob. Do you have a buy to let or property investment related question for Rob & Rob? You could feature on the next episode by giving us a call on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply). Or if you prefer, click here to leave a recording via your computer instead. The next question on Ask Rob & Rob could be yours. Have you joined us over in The Property Hub Forum yet? Our online community is friendly, informative, and the members are waiting to welcome you with open arms. So get yourself over and introduce yourself. See omnystudio.com/listener for privacy information.

Transcript

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0:00.0	Hi, I'm Rob.
0:03.0	And I'm Rob.
0:04.0	And this is Ask Rob and Rob.
0:08.0	Yes, welcome to Ask Rob and Rob.
0:10.0	It's another week.
0:11.0	That means two more questions and two more answers to help you on your way in property and add to that knowledge bank of yours.
0:17.0	As always, we've got a couple of great questions sent in by listeners.
0:20.0	And if you'd like to follow in the illustrious footsteps of Megan and Fermi who are today's questioners, we make it really easy for you to do so.
0:27.0	Yeah, the system is a simple one. You can even phone in or go via our website. If you want to phone, you can call 013 808,00035,
0:36.2	that's 013, 808,00035,
0:39.8	or go to the Property Hub.
0:41.6	dot net forward slash ask, that's the Property Hub. dot net forward slash ask.
0:44.0	That's the Property Hub.
0:44.8	dot net forward slash ask.
0:46.8	And luckily, Megan from Bormuth
0:48.8	has followed that simple process
0:50.6	and given us a great question.
0:52.0	Hi Robin Rob, it's Megan from Bormes.
0:55.0	I tried to keep it succinct, but it's a bit of a tricky one.
1:00.0	So we managed to purchase our first residential property for way below market value.
1:06.4	We then managed to renovate it and sell it on for a profit of roughly a hundred thousand.
1:11.5	We then went on to purchase our second residential property.
	...

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