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The Property Podcast

TPP327: 7 property tips you can start using today

The Property Podcast

Rob Bence & Rob Dix

Business News, News, Business, Education, Investing

4.82K Ratings

🗓️ 20 June 2019

⏱️ 22 minutes

🧾️ Download transcript

Summary

This week on The Property Podcast, we’re giving you seven property tips that you can start using today, because we want you to start taking action! You’ll know by now if you’ve been listening to the podcast for a while that we love doing the big picture, philosophical and mindset episodes but now we want to give you something actionable. So on today’s podcast we’re going to cover everything from before you buy a property, through management, through to your exit and how you run your business. The seven main tips Rob & Rob have for you are: Account for your time Become a Rightmove power user - look back at episodes 235 & 14 for more info on this Think about your exit from the start Make sure your mortgage broker is experienced in working with investors Hold block viewings Consider pets Run your investments like a business Tune into this week’s episode and see how many of these tips you’re already doing and which ones you can action today. Our news story this week comes from the BBC, just for a change. The headline is ‘soaring second home ownership is hitting young people’. Apparently the number of people who own a second home or a buy to let has doubled since 2001 and 1 in 10 people now own an additional property. The report claims that this is hitting young people and making property unaffordable and home ownerships for young people are falling. Now unsurprisingly the report hasn’t looked into all the facts and figures, so this is where Rob & Rob clear things up and set the record straight. We also want to say a big thank you to everyone who has already subscribed to our YouTube channel. This week we hit 5,000 subscribers! We’re consistently pushing out more content on our channel with the aim to bring you a new video every week. So if you haven’t subscribed yet, we’d love it if you took this opportunity to do so. Meetups are back again in a couple of weeks time and we’ve still got spaces available for the majority of our locations. Our meetups are a great way for like minded property lovers to meet each other and talk about everything property related and discuss your goals and strategies. If you’d like to attend, you can find your nearest meetup venue here on our website. We’d love to hear what you think of this week’s Property Podcast over on Facebook, Twitter or Instagram. You might even have a topic you’d like us to cover in the future - if so, pop us a message on social and we’ll see what we can do. Make sure you’ve liked and subscribed to our brand new YouTube channel where we upload new content every week! If that wasn’t enough, you can also join our friendly property community on the Property Hub forum. See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

Hi Rob B here

0:03.4

here with Rob D and you of course are listening to the Property Podcast

0:07.0

now we go big picture we do theory we do all the fluffy stuff but this week we want you to take action.

0:13.4

So we're going to give you seven property tips that you can start using today.

0:17.6

Welcome to the property podcast where every Thursday morning property investors

0:27.4

come to be informed and inspired. This week so much that you can take away

0:32.0

and put into use to make yourself a more successful investor.

0:36.2

In a shocking twist, our news story this week is not from the Express, it's from the BBC,

0:41.1

and the headline is soaring second home ownership hitting young people.

0:45.6

This is some research by a think tank called the Resolution Foundation.

0:49.2

This is that the number of British people who own a second home or a buy-to-let has doubled since 2001.

0:56.0

One in ten people now own an additional property, and this is hitting young people, it's making

1:01.2

property unaffordable, and home ownership rates for young people it's making property unaffordable and home ownership rates for

1:03.9

young people are falling. Now Rob this is the type of headline the type of story

1:08.0

we've seen many many times before and as is often the case it seems like they're not looking at

1:13.7

quite all the data here they're something I've missed. Yeah you hear this

1:16.8

argument means quite a lot that investors are pricing gouts first-time buyers you know on on the face of it it kind of makes sense if we buy more

1:25.6

property there's less to go around and therefore it's harder to get into the market.

1:29.4

If you treat it as simplistic as that then that will be the conclusion you get to and I've heard

1:34.8

some really smart intelligent people make this argument but when you look at all

1:39.6

the data there is a different picture being painted here.

1:43.0

And luckily, there is a lot of data out there if you want to go looking for it.

...

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