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The Property Podcast

TPP330: Brutal truths about property that no-one else will tell you

The Property Podcast

Rob Bence & Rob Dix

Business News, News, Business, Education, Investing

4.82K Ratings

🗓️ 11 July 2019

⏱️ 21 minutes

🧾️ Download transcript

Summary

The Robs aren’t holding back on this week’s Property Podcast. They’re telling you the brutal truths about property investment that you won’t hear from anyone else. That’s right, they’re dropping some truth bombs and showing you how slick marketing can lead you astray [sorry marketers!]. You’ll also learn about the (many) things that can go wrong and the (many) frustrations that come with being a property investor.  But don’t worry, it’s not all doom and gloom. When starting out on your property investment journey, you’ll only ever hear about the positives and how much money you can make from property. You know the type - the “get rich quick” type. But many of these businesses are only in the property game to make money. They’ll tell you about the results, but not the process and where things can go wrong.  90% of the time, Rob & Rob have nothing but positive things to say about property investment, but it’s also important to be realistic and talk about the things that can, and more than likely will go wrong.  Property can be a bumpy ride. Having a goal and a clear strategy in place will stop you from making a fair few mistakes. And if you don’t know where to start with this, you can take us up on a free goals call where you can have a chat with a member of our Invest team and become a bit clearer on what your goals are and how to execute them. For free.  You can also take our free goals course on the Property Hub University in the meantime. So buckle up, and tune in to listen to the property truths Rob & Rob are dishing out. Trust us, you won’t get this type of honesty from many others in the property investment industry.  And if you’ve experienced any of the issues mentioned today, or you’ve been in a situation we’ve not covered, we want to hear about it. Or maybe you’ve been in a sticky situation and managed to get yourself out, we want to know how you did it - make sure you get in touch.  Our news story this week comes from Property Investor Today which is looking at the ‘Best UK university towns and cities for property investment’. They’ve ranked them based on yield and capital growth, so no surprise that Oxford and Cambridge were at the bottom. But the location at the top spot came as a surprise - The Robs haven’t really spoken about this city much. Newcastle didn’t make The Robs’ hotspot list this year, but it’s certainly a location to watch in the years to come. 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

Warning. This is the Property Podcast, but not as you normally know it.

0:07.0

This week we're being brutal. We are not holding back and we're just going to tell you as it is. Welcome to the Property Podcast where every Thursday property investors come to be informed and inspired. I'm Rob D with Rob B and this

0:24.9

week we are dropping some truth bombs. You will learn all the ways in which slick marketing

0:29.1

can lead you astray. You'll learn all the things that can go wrong. You'll learn about the frustrations of being a property investor.

0:35.0

But stick with us, it's not all negative, and at the end we've got a completely free service that you can use to make sure that you get on the right track.

0:42.0

So at last we have a new story where... to make sure that you get on the right track.

0:48.0

So at last we have a new story where we're not ripping apart the headline and getting angry about what's been produced. We've actually got an interesting article from Property Investor today, which looks at the best UK university towns and cities for Property

0:55.4

Investments.

0:56.4

Now the way they've ranked these Universities and Towns is unclear.

0:59.8

They've used Yield, for example, but they've also looked at capital growth potential.

1:03.6

Now the areas that aren't doing well may not come as a shock to you.

1:07.2

It's Oxford and Cambridge are ranked near the bottom and that's because in those areas

1:11.8

they've seen a lot of price growth over the last few years,

1:14.4

the yields are very low, so it's unattractive. But Rob, the place that came out top is an area that we've not really talked

1:21.5

about a lot in the past and possibly want to watch for the future.

1:24.5

Yeah that's Newcastle, which if you were getting all your geography from the Property Podcast,

1:28.5

you'd never have heard of before because we've never mentioned it and we've kind of ignored the Northeast in general.

1:34.9

We spent a lot of time talking about the Northwest and the Midlands and that's because of

1:38.9

where we are now and what we see is being ahead in the cycle over the next few years.

1:43.2

But there are other areas that are further behind at the moment that are primed to do

1:47.6

very well. And later in the cycle, Newcastle could easily be one of those places.

1:52.0

Because it's got loads going for it, the prices are lower, and therefore yields are higher.

...

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