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The Property Podcast

ASK181: How do I find a hotspot? PLUS: What should I buy to achieve £4,000 per month?

The Property Podcast

Rob Bence & Rob Dix

Business News, News, Business, Education, Investing

4.82K Ratings

🗓️ 9 April 2019

⏱️ 9 minutes

🧾️ Download transcript

Summary

Welcome to another Tuesday Ask Rob & Rob - your weekly dose of property advice about investment matters you care about the most. Our first question this week is from a listener who has recently discovered The Property Podcast and has been racing through the episodes to catch up to the present day. She wants to know what exactly makes a good area to invest in property and what research should she be doing to find these golden buy to let property locations. She’s discovered our list of 2019 property investment hotspots, but she wants to know how she can spot these areas herself. Rob B is quick to dive into one of the most important things when looking at property investment hotspots, and that’s fundamentals. Not just one or two of the boxes need to be ticked… they all need a huge tick in the box. Just having a few alone is simply not enough. There are a load of other ways to spot a property hotspot too - and Rob B shares a great tip for anyone who’s in the same position. There’s also a great podcast on using the ‘ripple effect’ to find the next buy to let property hotspot which is well worth a listen.   Our second question comes from an avid lover of The Property Podcast and she is half way through putting a plan together. She has over £400,000 to invest but isn’t sure on what property she should be investing in. She has a goal of generating £4,000 in rental income but wants advice from Rob & Rob on exactly what she should do and how many properties she should look to buy. Rob D wastes no time clearing up a few simple strategy principles that many investors tend to miss, focusing attention on the wrong things. If you have a fairly aggressive yield target like today’s listener, this is the episode for you. There’s some diamond advice here that you can take away and apply to your own property investment journey. 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 on 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

Click on a timestamp to play from that location

0:00.0

Hi, I'm Rob, and I'm Rob.

0:04.3

And this is Ask Rob and Rob.

0:05.7

Welcome, welcome.

0:09.5

Thank you for joining us on Ask Rob and Rob, the show that's a stable and reliable part of your week.

0:14.8

Whatever else is going on in the world, you'll know that you can turn up here on a Tuesday.

0:18.0

You'll hear two people asking questions and two other people, that's us to, giving answers.

0:22.9

But here's how you could shake things up a bit.

0:24.6

What if you are one of the people asking the questions?

0:27.2

Well, it's really, really easy to live that dream.

0:30.0

Yeah, you've got two options.

0:31.4

You can call in on 013-888-O-35, that's 01-008-Tri-O-3-3-V. Or head along to our website and type in this

0:42.1

URL Property Hub. Net. forward-slash. to our website and type in this URL property hub dot net

0:44.0

forward slash ask that's property hub dot net

0:47.0

forward slash ask and get your questioning really easy

0:51.0

for a sort of answer phone systems you can record multiple messages if you mess it up so don't feel under pressure.

0:57.0

Just get your question in and we'll get answering which is exactly what we're going to do now.

1:01.0

Hi Rob I've only recently started to view all your talks

1:05.8

and all of a sudden I've near enough caught up

1:08.0

in the last few weeks.

1:09.3

My question is, how do you know which area is a good area next slide what type of research and where is this reach

1:16.0

that because everyone says yeah the house just look at right moves look where the

1:20.7

prices are going up and stuff but how do you actually know a place is up and coming?

...

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