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The Property Podcast

ASK156 - Should I take a risk on this location? Plus: Where should I be setting money aside?

The Property Podcast

Rob Bence & Rob Dix

Business News, News, Business, Education, Investing

4.82K Ratings

🗓️ 2 October 2018

⏱️ 7 minutes

🧾️ Download transcript

Summary

Welcome to this week’s Ask Rob & Rob. Liam starts things off by asking about Crewe.  By using the 18 year property cycle he can see that at this point in the cycle last time Crewe enjoyed explosive growth.  Should Liam take the risk or should he play it safe in Manchester or Liverpool? Rob and Rob are happy to help - especially when they get to chat about property cycles. This is something many of us will be wondering as we enter this phase of the cycle. Manchester and Liverpool are performing really well at the moment but does that also mean that there is no capital growth left? HS2 is also a massive factor to consider as Crewe is going to benefit in a major way.  Crewe is set to be one of the most well connected cities in the country. Would it be foolish not to get in now? There’s a lot to consider! Next is Liam who’s been practising what Rob and Rob preach.  He’s been putting away 10% of his rent for voids and repairs, but he’s unsure where to put that money. Does keeping everything in one place make it easier or harder to keep track of? Hit the listen button and enjoy Ask Rob & Rob. Do you have a property related question for Rob & Rob? Whether you’re a first time investor or a seasoned pro, you could feature on our next episode. Simply call 013 808 00035 and leave 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. Do you love property and are keen to connect with likeminded people? Head over and join the conversation over in the Property Hub forum. Our active Hubbers are talking property on a daily basis - from breaking news to sharing hints, tips and some very interesting progress journeys. Pop over an introduce yourself today.   See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

Hi, I'm Rob.

0:03.4

And I'm Rob.

0:04.1

And this is Ask Rob and Rob.

0:05.6

Yes, thank you for joining us for yet another Ask Rob and Rob.

0:11.2

The podcast where we take your property queries and turn them into answer,

0:14.8

leaving you a little bit wiser inside 10 minutes.

0:17.5

To date, Mike and Liam provide those questions.

0:19.5

So just before we hear those, let's have a quick recap of how you can send in a question of your own.

0:23.2

Yep there's two options you can call in on 013 808 triple 035 you'll be greeted with a

0:30.0

friendly answer phone tone and you can leave your message there or you can go to the

0:34.8

property hub dot net forward slash ask that's the property hub dot net forward slash ask either way

0:42.0

super simple and luckily Mike agrees because he's got a great

0:45.1

question on a really interesting location.

0:47.6

Hi Robin Rob it's Mike here from Toaster. Thanks everything much for your

0:53.2

podcast. I've been listening for a while now. Got some really great

0:56.3

insights from it and you've really inspired me on a potential journey to become

1:00.6

a bipolar investor. With that in mind, I'm looking at my first by to let in the near future,

1:06.7

and I'm looking like a lot of people at the northern major cities.

1:09.6

However, I've also been looking at some smaller places.

1:12.0

One in particular, just particular has caught my attention is

1:14.8

crew and my instinct tells me that this could be a good investment. However, looking at current prices, there's been sort of minimal growth since the crash in 2008.

1:27.0

However, looking at prices in the past from 2000 to 2008, which is kind of where we would be just entering that point in the new

...

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