4.8 • 2K Ratings
🗓️ 19 July 2022
⏱️ 7 minutes
🧾️ Download transcript
It’s our favourite time of the week - Rob & Rob are back with another round of listener questions.
First up, this listener wants to know the best way to achieve his goal of a passive income of £2,000 a month.
He’s figured out that to achieve this he’d roughly need around seven buy-to-let properties, and he’s got a few ideas of how he can get there.
He’s recently completed a flip with a friend and has around £75,000 in profit that he can use to invest again.
Should he continue flipping until he has enough cash to purchase all seven buy-to-lets at once, or should he purchase a couple of buy-to-lets now, let the market do its work, refinance and then purchase more properties later on?
Next up, we’ve got a question from Kieran in London.
Kieran’s recently come across the term ‘deal sourcing’ and he wants to know what it’s all about. What exactly does deal sourcing mean and is it a good idea?
Tune in to hear what Rob & Rob think.
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.
And if you’d like to find out more information about Portfolio you can do that here.
See omnystudio.com/listener for privacy information.
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. |
0:05.0 | Hello everyone, welcome to Ask Rob and Rob the show where you give us your questions |
0:10.7 | very often, property related but sometimes not and we give you our answers which is mostly |
0:15.6 | useful and we've got two great questions coming up so we'll do our very best to give |
0:19.4 | two great answers but before we do a quick reminder of how you can get your questions |
0:24.1 | in. |
0:25.1 | Yep, this will be one of the easiest things you do today. |
0:26.7 | Let's give us a call on 013 808 triple O35 or go to property hub.net slash ask. |
0:32.8 | You can leave us a voicemail via either route and look forward to hearing yourself on the |
0:36.2 | podcast later. |
0:37.7 | If you do do that though, please leave your name because otherwise Rob will make one up |
0:41.7 | for you. |
0:42.7 | Hi Rob and Rob. |
0:43.7 | I've been listening to your podcasts for start and it's really helpful so please keep |
0:46.8 | it going. |
0:47.8 | I recently completed a flip with a friend and we'll have about 75,000 pounds to invest |
0:52.6 | again. In the future I'm looking to build up an income of £2,000 a month from botanets |
0:58.4 | which I predict to be about seven houses so £300 per month each. |
1:03.3 | My question is would you recommend I keep flipping until I have enough cash to purchase |
1:07.7 | seven houses at once or would you recommend that I invest in for example two houses now |
1:13.4 | and wait for the market to do its work and refinance for another property purchase later |
1:17.9 | on. |
... |
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