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The Property Podcast

Ask175: Is this flat a good investment for me?

The Property Podcast

Rob Bence & Rob Dix

Business News, News, Business, Education, Investing

4.82K Ratings

🗓️ 26 February 2019

⏱️ 6 minutes

🧾️ Download transcript

Summary

On this week’s ask Rob & Rob we’ve got a bit of a cheeky person who’s jumped the que. Our very own podcast Dan has a burning question for the Rob’s and they just couldn’t not share it. Dan Has recently reached his cashflow goals and wants to change his strategy. He’s now looking more towards a property for the capital growth factor, rather than refurbishing a property and releasing the equity. A number of people may be in this situation and are looking how best to add to their portfolio. But what do Rob & Rob think of this 2-bed apartment in Stockport? Have a listen to find out... 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 on013 808 00035 and leaving a messagewith 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 on the Property Hub Forumyet? 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

Click on a timestamp to play from that location

0:00.0

Hi, I'm Rob. And I'm Rob. And this is Ask Rob and Rob.

0:05.6

Yes, welcome to Ask Rob and Rob. The show where we have answers for your property investing questions, wherever they may be, whoever you may be.

0:16.3

This week we've got a question which allows us to really dive into the detail of a specific deal, which we love to do.

0:22.0

But before we do that, a quick recap of how you get in touch

0:24.3

with a question of your own yes if you want to call in and leave us your question it's

0:27.6

oh one three eight oh eight triple zero three five or you can do it via a website on your phone or your desktop and the link you need for

0:36.1

that is Property Hub.net.

0:39.2

Okay now let's have a listen to our question. This one comes in from someone not a million miles away who's possibly abusing his position a little bit.

0:47.0

Hey Robin Rob, it is producer Dan here.

0:50.0

Sorry everyone, I've kind of jumped the queue here because I've got a question of my own.

0:56.0

Recently I hit my cash flow goals and so now I would like to change my strategy.

1:01.0

Instead of buying distressed property where I

1:03.2

refurb and release the equity, I would like to buy and hold property that is

1:06.8

a little bit more geared towards capital growth. I'm thinking new or new-ish

1:11.6

flats, ideally in a purpose-built block to keep the maintenance down.

1:15.6

In the show notes I've included a right move link to a property I viewed at the weekend

1:19.4

that I'm probably going to put an offer in on and I'd love to know what you guys think of it.

1:23.7

Anyway, keep up the good work. Podcast sounds fantastic.

1:27.0

You've obviously got an excellent team behind you.

1:29.0

Cheers.

1:30.0

Very sneaky Dan, using your privileged position to jump the queue.

1:34.0

But how can we not answer this?

...

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