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The Property Podcast

TPP291: Expert’s Guide to Commercial Property

The Property Podcast

Rob Bence & Rob Dix

Business News, News, Business, Education, Investing

4.82K Ratings

🗓️ 11 October 2018

⏱️ 24 minutes

🧾️ Download transcript

Summary

Following on from last week’s property podcast, this week we have super landlord, Phil Stewardson, helping us deliver the expert’s guide to commercial property. Before we dig in, we’re covering this week’s news story which is about house price growth. Property prices rose the fastest in the North West, with London suffering the biggest fall of 0.7% year-on-year. Take a look at the links which give you a further analysis, and listen to the property podcast to hear what Rob & Rob have to say. The main property podcast event this week is the appearance of our super landlord, Phil Stewardson, who was kind enough to join us for another session. Phil talks us through the commercial property types he started his journey with back in 2001, when the market for buying residential property was extremely tight. His first commercial property deal was a pub in 2002, taking full advantage of the decline in pub establishments at the time, between 2002 and 2005. What was it that attracted Phil to pubs? The returns? The large space? The sheer amount of potential? And what exactly forms part of Phil’s commercial property portfolio? From chip shops and convenience stores to petrol stations - there’s not much more to add to Phil’s ever-growing portfolio. You’ll also learn about what makes Phil tick from an investment point of view. Is it a good spot on a busy road, or is it a combination of other factors? And does he always go into an investment with a firm plan of action, or does he have a plan B or even a plan C? As well as the advantages of commercial property, Phil also shares his not-so-great experiences. Despite all commercial sites working well for Phil, it’s not all been plain sailing. He’s navigated through a range of issues and overcome a number of obstacles which you’ll learn about in this episode. The ultimate burning question from many listeners is likely to be “how can I make the move from residential to commercial property investment?” Is it a natural progression? Phil and Rob & Rob share their thoughts on the best route for those of you who are interested in making the move, and Phil very helpfully delivers some key nuggets of information that can help you make strong commercial property investment decisions. What does the future hold for commercial property? And is Phil worried about the future? Find out in today’s property podcast. Hub Extra: This week’s top resource is a great podcast recommendation from Rob & Rob. It’s an interview Tim Ferriss held with Howard Marks - and it’s well worth a listen! Click here. Howard Marks is the co chairman and co founder of Oaktree Capital Management which has more than $120 billion in assets. He talks about market cycles and finances in an incredibly simplistic way. He really gets into the nitty gritty of business and this is definitely one to download and absorb. And if you haven’t signed up to our mailing list to get Hub Extra - the most valuable email you’ll receive all week, you can do so here. Get involved: Are you on social media? We’d love to hear from you, so get following and message us your thoughts on this week’s podcast. And if you have any topics you’d like us to cover on future property podcasts, let us know on Facebook, Twitter or Instagram. You can also get involved with our property community by joining us on the Property Hub forum. And if you haven’t done so already, we’d love it if you could head over and leave us a review on Apple Podcasts. Aside from making us smile, your reviews help other podcast listeners find us. We also give each one a shout-out on the property podcast, so yours could be next to feature on an upcoming episode. Leave us a review on Apple Podcasts here. Not sure how to leave a review? This video shows you how to review and subscribe on Apple Podcasts. See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello everyone and welcome to the property podcast it's Rob B with Rob D and this is

0:07.3

episode 291 now last week we gave you the Beginners guides of commercial property

0:12.2

and Rob and I pretty much

0:13.9

topped out on our knowledge there, but don't worry. This week we've got Phil

0:18.7

Stewarton in, Super Landlord to help us and you become experts at commercial property. Yes, welcome to the Property Podcast once again where every Thursday morning property investors

0:35.9

come together to get informed and inspired. And what a lot of information we've got for

0:40.0

you today. And thanks to our guest, Phil, you'll definitely find today's episode inspirational and as well as

0:44.9

that stick around to the end where we've got a cracking hub extra for you as well.

0:48.0

A big thanks to someone on Twitter this week for our news story. Ashley tweeted Rob and I,

0:54.8

how's prices rise, fastest in Northwest, Rob Dix and Rob Bents, can I borrow that crystal ball of yours

1:00.5

when you're done with it? Now I thank Ashley and pointed out that it's just

1:04.8

simple economic cycles and not our genius that allows us to predict these things but I did also

1:10.5

comment that it's still nice to be right and Rob we've seemed to have picked a new story that highlights us being right

1:16.8

Funny that I've never done that before the story is that annual growth in the northwest was 5.6% in the year to July, which was the highest anywhere in the country,

1:26.8

and the biggest fall was in London where prices fell by 0.7% year on year.

1:32.0

So that's the regional picture, but thanks to Home Track, we've got a breakdown of how it looks by a city as well.

1:37.1

And not surprisingly, a city in the northwest is leading the pack there. So prices in

1:41.0

Liverpool are up 7.5% over the last year which is pretty

1:44.8

impressive stuff second place goes to Glasgow at 7.2 and Rob in third place a

1:49.5

city that's been up there a lot this year which is Nottingham at 6.9% yeah Nottingham doing

1:54.8

very well one to watch I think but more on that in our predictions show at the end of the year

1:59.6

Rob and I had just just enough to crystal ball getting prepared for that show. So thanks Ashley who

...

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