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The Property Podcast

ASK87: How do I build these flats? PLUS: What's the impact of a falling lease term?

The Property Podcast

Rob Bence & Rob Dix

Business News, Education, News, Investing, Business

4.82K Ratings

🗓️ 2 May 2017

⏱️ 8 minutes

🧾️ Download transcript

Summary

It's time for another couple of questions in this week's edition of 'Ask Rob & Rob'. Two listeners... ...ask Rob & Rob...One property or two? PLUS: How do I build these flats? PLUS: What's the impact of a falling lease term? ASK YOUR OWN QUESTION TO ROB & ROB! Don't be shy! All you need to do is leave a message with your name and whatever's on your mind. Just pick up the phone and call 013 808 00035 (normal UK call rates apply). Or if you prefer, click here to leave a recording via your computer instead. NEED MORE ANSWERS? The Property Hub Summit is the place to get all your questions personally answered by Rob & Rob, and build a network of other smart, motivated investors. Over the course of a full day at a swanky hotel we'll help you set your goals, form a plan to get you there, overcome your obstacles, and give you the support system you need to make sure nothing gets in your way. Just don't hang around - there are only four Summits each year, and just 16 places available at each! Interested? Click here to find out more. 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.

0:07.0

Hello and welcome to Ask Rob and Rob we've got two fine guests on this week we don't Mike and Joe asking this questions

0:18.2

this is the show that people get in such ask us questions and a good chap named Rob, I'm myself also named Rob, answer them.

0:27.0

A simple show, a simple format, you could say simple hosts, but that's what we do every week and we make it very easy for you to get involved.

0:36.0

Yes we do all you need to do wander over to your laptop and go to the

0:49.2

Property Hub. Net slash Ask and record a question that way way both work equally well for getting your questions in and

0:55.9

that is exactly what Mike did so let's have a listen to what Mike has to ask.

1:00.5

Hi Rob, hi Rob, name is Mike, been an avid listener of your podcast for a while now.

1:07.0

Just had a few questions. I'm coming up on a deal that I need some help on.

1:14.0

We've had planning permission to construct six flats,

1:18.0

but I have no experience in the construction sector of the property on the property

1:26.0

side basically I was wondering is there any recommendations you can make like

1:29.3

in terms of construction company ins, or is it better to leave it in the hands of someone else?

1:36.4

I just don't know where to start, but I know that I've got the permission and I could always set it for a profit,

1:41.4

but I'd be interested in taking the next step in my

1:44.4

property portfolio. Cheers guys, thanks, bye.

1:47.0

Okay, Mike, so first you need to mix a cement.

1:50.0

That's two parts, no, I'm not going to go there. You will not have a house or any flats I can assure you if you listen to me.

1:58.0

But hopefully we can give you some advice that not only will make sure you don't cost yourself money but hopefully make some.

2:05.3

So congratulations, it obviously sounds like you got yourself a great deal and an opportunity

2:10.1

and obviously some decisions to make. Now a lot of this will depend on your

2:14.9

tolerance to risk and what your future plans are. Is this going to be a start of

...

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