Hi, I'm Rob.

And I'm Rob.

And this is Ask Rob and Rob.

Hey, everyone.

Welcome to Ask Robb, Rob, the show where you give us your questions, most of the time, property-related, and we do our very best to answer them well.

Let's do that again this week.

But before we do, let's give you a very, very quick reminder of how you can get your question onto the show. Yes, you just have to go to property hub.net slash ask. It really is that simple. That one link will let you submit a written question for our Sunday Times column. Or you can get your beautiful voice on the podcast by leaving us a voice mail. We love it when people do that. And the first person who's done that today is Jack.

Hi, Robin Rob. My name's Jack from Sheffield. I just want to say thank you so much for all of the content that you've put out and I'll keep on putting out through YouTube and the podcast, of course.

It's been a game changer for myself and my wife. So we recently got into the property game

and we bought our first buy to let last year

through a limited company and we're obviously very keen to get our second as soon as we can.

So my question was around saving for the next property and maximizing the yield from the rental

property. So at the moment we have a business savings account that we are putting

our money into to try and save as quick as we can. Obviously, the interest rate itself isn't as

a personal account. So we've obviously got our personalises that we are saving up into with

a view to using for the property to purchase the next one. So I was just wondering,

are we doing the best we could? Is there any way we can be doing it a little bit quicker

or maximising the rental yield that we are getting to get our second one as soon as we can?

Thanks as always. Appreciate your thoughts. Jack, thank you for your question. Really glad you're

finding everything that we do useful. And congratulations on that first by to let. Now, you are at the very start of building up that snowball. So we often talk about the snowball effect. So you start off just saving. Then for your next property, you've got your savings plus the rental profit from your first property. Then for the next one, you've got your savings plus the rental income from two properties. And so it goes on. You get to a point where either you don't need your own savings anymore,

the portfolio is sustaining its own growth, or by still contributing your own savings, you're able to

go faster and faster. That's a great place to be. But at the moment, your snowball is small.

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