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The Property Podcast

ASK249: Have I made a bad investment? PLUS: Should coronavirus change the fundamentals we look for?

The Property Podcast

Rob Bence & Rob Dix

Education, Business News, Business, News, Investing

4.82K Ratings

🗓️ 18 August 2020

⏱️ 8 minutes

🧾️ Download transcript

Summary

This week on Ask Rob & Rob the guys are still answering coronavirus related questions and helping one caller put his mind at rest on his recent investment To kick start this week, we’ve got Harsh. Along with a friend as part of a joint venture, they’ve bought their first buy-to-let property in Crewe.  However he’s now having worrying thoughts. Harsh has clearly been listening to our weekly podcasts and he knows that Crewe is an area that we’ve mentioned numerous times on the podcast and an area Property Hub Homes even built a development in.  But he’s also listened to the episode on Rob D’s investment in Nottingham and is now worried that because he only paid £75,000 for his property, it’s not going to benefit from capital appreciation. Is this a general rule of thumb? Should Harsh think about selling and investing somewhere else? Our second caller is Pedro. He’s got a question about the effects of coronavirus and the impact it’s had on people working from home. Since more people are now working from home and potentially going to continue to work from home for the foreseeable future, will this change the fundamentals that we look for when investing in property? So what do Rob & Rob think about this?  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 Rob and Rob.

0:05.8

Welcome to Ask Rob and Rob, the show where you submit property questions and we give you property answers.

0:14.8

We like to do two of each week.

0:16.3

We find it works pretty well and this week is no exception.

0:19.5

We've got a couple of really good questions coming up.

0:21.8

But I'm sure you've got really good questions

0:23.6

of your own to send our way so let's start with a quick reminder of how to do just that.

0:27.6

You can call in on oh one three eight oh eight oh three five or you can leave us a message via our website go to property hub

0:36.8

dot net forward slash ask.

0:39.0

super simple in fact we get loads of great questions in at the moment Please do keep them coming and the first one this week comes in from harsh.

0:46.7

Hello there Robin Rob. I just wanted to say thank you very much for all your podcasts every week.

0:51.9

Me and my friend I've what our first bite to

0:53.7

let and crew and I've had a bit of a worry actually because I know it's a

0:57.4

town that you guys have suggested on your podcast in the past saying it will

1:01.3

encounter capital appreciation due to HS2 coming in and you know it's a very well connected town.

1:06.6

But my worry is after listening to a recent podcast about Rob's investment in Nottingham,

1:12.2

will my property not encounter capital

1:14.8

appreciation because it was only bought for 75,000 so this is my real worry and I

1:19.3

was also wondering yes I get rent from this every month, but in the long term, surely if it doesn't appreciate

1:26.2

in value, it's not made of any sense to do this investment.

1:31.0

Thank you very much, Robin Rob.

1:32.0

I look forward to hearing from you.

...

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