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The Property Podcast

TPP282: How to find a good builder – and set your project up for success: Part One

The Property Podcast

Rob Bence & Rob Dix

News, Education, Business, Investing, Business News

4.82K Ratings

🗓️ 9 August 2018

⏱️ 31 minutes

🧾️ Download transcript

Summary

Refurbing properties is such a popular strategy amongst investors, but it can also be a very stressful path to take. We get so many questions about how to tackle the subject we decided to call in an expert. In this episode we talk to Ian - who’s been in the business for 30 years and runs his own construction company. Ian’s going to take us through how to find a good builder and set your project up for success. NEWS THIS WEEK Not only did the interest rate rise dominate the headlines this week, it also cast shadow on our predictions from the beginning of the year.  How will the rest of year play out? We also discovered a story with the terrifying headline: Landlords face up to 17 week wait to evict problem tenants. What does this mean for you?  Are you at risk? Is it time to consider insurance?   HUB EXTRA Leading up to this Friday’s Hub Extra newsletter, we take some inspiration from one of the world’s fastest men. JOIN THE CONVERSATION OVER IN THE FORUM Share your stories with us - Join the conversation in the forum. IF YOU ENJOYED THE PROPERTY PODCAST, PLEASE LEAVE A REVIEW ON ITUNES Reviews are really important in helping other people to find the show, so by way of thanks we read out every single review we receive on air. If you’d like to hear your name on the show, leave us a review on iTunes here. Not sure how to leave a review? This video shows you how to review and subscribe on iTunes. See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Hey everybody Robby here with Robdy and you are of course are listening to the

0:06.6

property podcast it's episode 282 and most weeks we do our very best to educate

0:12.4

you but along the way we learn as well, and this is certainly one of those weeks.

0:17.0

We've got an expert in who bombards us with knowledge and information.

0:22.0

I think you're going to love it.

0:24.0

Yes, welcome to the Property Podcast where every single Thursday

0:33.2

property investors just like you come together to be informed and inspired.

0:37.0

Today, if refurbishing properties or doing developments forms any part of your

0:41.1

property plans, do not go anywhere. This could be the most valuable

0:45.1

20 minutes or so of your entire year. That's not us being big headed, that's a reflection of

0:49.2

the quality of our guests today. As well as that we've got not one but two news stories and in Hub Extra we've got some our Okay so we've got big news this week Rob and that is that our prediction show has been ruined by interest rate rises.

1:07.6

Well it might be ruined they could come back down again. What am I making no sense over?

1:11.6

What's in the news this week?

1:13.0

Well, this is the news that Mark Carney is an idiot who has ruined my predictions

1:17.0

by raising the base rate from half a percent to three quarters of a percent.

1:21.0

He didn't call us, Rob, he didn't consult with us. I mean what is going on?

1:25.5

No for some reason he's prioritising the needs of the UK economy over my feelings which I just

1:31.1

think is ludicrous and they should probably disband the Bank of England and bring it all under the control of politicians again because it worked really well when they did that before.

1:37.0

So that's the story. We talked about it in a lot more detail on Tuesday's Ask Rob and Rob.

1:42.0

So if you haven't listened to that yet, download it and cue it up to listen to straight after

1:45.8

this because we go into what the short term effects of it might be, put it into the context

1:49.8

for a long term and tell you what you should be doing about it right now depending on the

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