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The Property Podcast

TPP337: The winning mindset behind rapid portfolio growth

The Property Podcast

Rob Bence & Rob Dix

News, Investing, Education, Business, Business News

4.82K Ratings

🗓️ 29 August 2019

⏱️ 20 minutes

🧾️ Download transcript

Summary

We’re back with Property Podcast listener Mark Ward who last week told us how his strategy helped him to grow a double digit portfolio in just five years.  This week The Robs are delving into how Mark managed to change his mindset to that of a winning one which was the driving force behind the growth of his buy-to-let portfolio. He’s focusing on the strategy of buying below market value, refurbishing and refinancing. While he’s been using traditional mortgages and a little bit of bridging too, Mark’s also been doing a couple of really unique things. When you consider some of the bonkers things Mark has done - which goes far beyond the usual ‘putting in an offer without viewing it’ - (go here to listen to how he’s purchased in a known flood zone, done some intense refurbishing and entered the terrifying world of bridging finance) it makes you question just how Mark actually made this all work to his advantage. Mark might knows exactly what he’s looking for and where he wants to go with it, which is great! But ultimately, a lot of this also boils down to his mindset.  And that’s exactly what we find out more about in the second part of this interview with Mark and Rob D.    In the news this week, a dramatic headline from The Express, ‘Brexit property WARNING: Sell your house after this date to avoid losing money’. In a nutshell, the article basically says if you’re looking to sell your house, wait until after the 31st October, which is when we’ll apparently know what’s happening with Brexit.  Even though we’ve heard this a number of times throughout the year, even Rob B admits that he’s noticed a decline in the number of new properties coming to the market in his local area. For once, even The Robs agree with this headline and think that you probably shouldn’t sell your property before the 31st October. However, if you’re looking to buy a property, you should 100% be focussing on buying before it.    This week’s Hub Extra is in-keeping with today’s episode and it’s a simple but effective quote from Benjamin Franklin; ‘well done is better than well said’.  Which reiterates what The Robs are always saying, it’s all about taking action! It’s all well and good talking about your goals and what you’re planning on doing, but you won’t reap the benefits until you put those words into action.  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

Hey everyone, Robby here with Rob D, and this week we've got part two of a very special story.

0:10.0

Mark Ward has had an incredible property journey and his success has been fantastic

0:16.2

But what drives someone to do that? What's in their head? How did he do it? Well this week we'll share just that.

0:30.5

Welcome to the Property Podcast where every Thursday morning

0:33.4

property investors come together to be informed and inspired.

0:36.6

And last week you'll have heard the inspirational story of what a Property

0:39.5

Podcast listener Mark Ward has achieved.

0:41.3

He's been listening to the podcast since the very

0:43.3

beginning and during that time he's done unbelievable things. And this week

0:47.3

you'll find out that he's not done it because he's got magical powers. He's

0:50.5

not done it because he spent a fortune on education. He's done it because of his mindset

0:54.8

So stick around because in this episode you're going to get some valuable insights into how you can replicate his success

1:00.4

So a new story this week comes from the Express in quite a subtle headline.

1:06.0

We nearly missed this one.

1:07.2

Brexit Property Warning in caps.

1:09.4

Sell your house after the state to avoid losing money.

1:16.4

Rob a dramatic headline from the Express one we obviously must pay attention to.

1:20.6

Yeah I'm terrified now is having a perfectly nice morning and suddenly there's a scary headline and there's even a photo of Mark Carney pointing in a slightly intimidating way.

1:26.0

So we should all be terrified.

1:27.3

All this is basically saying is if you're trying to sell a property, wait until after the 31st of October, which is when we're apparently going to find

1:34.4

out what's going on with Brexit although we've heard that on several dates in the past

1:37.6

and Robert sounds like people are heeding the warning of the Express because you

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