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The Property Podcast

ASK186: Should I self-manage or use an agent? PLUS: What can I do if my flat is slow to let?

The Property Podcast

Rob Bence & Rob Dix

News, Education, Business, Investing, Business News

4.82K Ratings

🗓️ 14 May 2019

⏱️ 8 minutes

🧾️ Download transcript

Summary

This week we’ve got one lucky listener Lisa, who’s having both of her property investment related questions answered. First of all, Lisa wants to know if she should manage her new buy to let property herself or whether she should be working with a lettings agent? She already has one property in the south that’s fully managed by a lettings agent, so she’s wanting to know if she should stick with that for her second investment property or just give it a go herself. Whilst Lisa’s second property is in Manchester and she lives locally, Rob B doesn’t feel that she should self-manage just because she lives nearby. It’s completely Lisa’s decision but Rob’s happy to chip in with his reasoning from a personal perspective. Secondly, Lisa is looking at buying another flat this year and has her eye on Manchester and Liverpool. However, she’s noticed a lot of properties on the market waiting to be rented out. So Lisa wants to know if The Robs have any advice on what she should prepare herself for, and what she can do to rent out her property quickly. Can Rob D provide some reassurance and a firm reason where there are so many properties on the market in two large (and very popular) city centres? Of course he can. Tune in 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 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. And this is Ask Rub and Rob.

0:05.8

Hello everyone, you know it's Tuesday because it's Ask Rob and Rob.

0:11.9

But if you listen to this later, my

0:13.2

not be Tuesday, don't get confused. And before I confuse you any further, let me

0:17.4

remind you of the format of this show. You send in two questions. We answer

0:22.4

two questions.

0:24.0

You walk away with a little bit more knowledge,

0:25.9

and we walk away a little bit happier that we shared some knowledge.

0:28.7

So that's the intention.

0:29.6

Let's see if we can deliver.

0:31.3

But if you want to be a part of this process there are two ways you can get involved.

0:35.2

Yes there are. You can give us a call.

0:37.2

Oh one three 808 triple oh three five. That's oh one three eight oh eight triple oh35, or you can head to Property Hub.net slash Ask and leave us a question that way

0:47.8

instead. However you do it, make sure you get your questions in and we love to answer it for you. If you feel like being cheeky and asking multiple questions, you might even get lucky

0:56.2

and have us answer both of them.

0:57.9

Well, it's Lisa's lucky day.

0:59.5

She's going to have two questions answered today.

1:01.3

Let's have a listen to the first one.

1:03.0

Hello Rob and Rob, this is Shenzhen from Manchester. I got two questions for you.

1:09.0

First is I am going to let out a second house and moving to my new home.

1:15.0

I already have a house in the south managed by a housing agent,

1:21.0

but I'm wondering, should I have a goal at managing the second house

...

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