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The Property Podcast

ASK346: Should I buy a cheap student property? PLUS: How much should I reinvest?

The Property Podcast

Rob Bence & Rob Dix

Investing, Education, Business News, News, Business

4.82K Ratings

🗓️ 16 August 2022

⏱️ 8 minutes

🧾️ Download transcript

Summary

It’s that time of the week – Rob & Rob are back answering your questions!

And kicking us off this time is Kevin.

Kevin is finally ready to purchase his first buy-to-let and he’s keen to get stuck in, but he was a little disheartened when he saw how much tax would be cutting into his profits, so he’s been reconsidering his strategy.

As a result of his calculations, he’s had to rejig the scope of where he was looking for property and he’s noticed some super cheap student lets in the North West.

He wants to know if student lets are a good route for a beginner like himself or should the alarm bells be going off?

Next up, we’ve got a question about profits from Alex down in Somerset.

Alex has been listening to the podcast for around a year now, and he’s saved up a pot of profits from his buy-to-let. But before he starts dreaming about all the holidays, he wants to know how Rob & Rob would split their profits?

Is there a recommended way to split profit? Or is there a particular amount he should be putting aside to reinvest, pay off capital and for general maintenance?

Tune in to find out what advice Rob & Rob have got this week.

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.

Transcript

Click on a timestamp to play from that location

0:00.0

Hi, I'm Rob.

0:03.6

And I'm Rob.

0:04.6

And this is Ask Rob and Rob.

0:06.6

Hello everyone and welcome to the Ask Rob and Rob show where you give us your questions

0:12.6

in and we give you our answers and we got two brilliant questions coming up.

0:17.1

But before we get into them, let's give you a quick reminder of how you can get your

0:21.2

hopefully brilliant question in.

0:22.6

Yeah, the mechanics are super easy.

0:24.6

All you want to do is leave us a voicemail and you can do that by calling 013808, triple

0:28.8

035 or go into property hub.net slash ask, but what should you ask?

0:34.0

Well, you can ask us about absolutely anything.

0:37.0

You can ask us about the market right now, ask us about inflation, ask us about areas,

0:41.0

ask us about investing beyond property, ask us about the property businesses we run.

0:45.2

You can go as broad as you like anything that's peaked your curiosity as you've listened

0:49.2

to the property podcast.

0:50.5

What do you think about property in general?

0:52.3

Send it our way.

0:53.3

It's so easy.

0:54.3

Just go to property hub.net slash ask and leave us a voicemail following in the fine footsteps

0:58.7

of Kevin.

0:59.7

Hi, Rob and Rob Kevin here.

1:02.8

I have a question for you.

...

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