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The Property Podcast

TPP349: Rob D built 10 apartments: The results, lessons and pain

The Property Podcast

Rob Bence & Rob Dix

News, Education, Business, Investing, Business News

4.82K Ratings

🗓️ 21 November 2019

⏱️ 24 minutes

🧾️ Download transcript

Summary

This week on The Property Podcast, The Robs are doing something a little different. Rob B is interviewing Rob D on his own property development exploits.  One of our most popular podcast episodes this year was when we discussed our project in Crewe, which was a rather eventful and emotional journey to say the least. If you haven’t listened to that episode, you can do so here.  But amazingly, that wasn’t enough to put off Rob D. He’s just done a property development project just outside of York.  In the episode you can expect to find out: What exactly this development was What the results were  What went wrong What went right  And what lessons Rob D learnt from this project So sit down, grab a brew and tune in as Rob B picks Rob D’s brain about this new property development.    In the news this week, Savills have predicted that house prices are going to increase by £35,000 in five years for some parts of the country. No shock that it’s actually in line with what Rob & Rob have been saying throughout the year, and the highest regional growth will be in the North West, which will go up by 24%.  Maybe now you’ll take that leap into investing in one of the areas that The Robs picked as their 2019 property hotspots.    And if you haven't watched it already, last week we published our latest YouTube video, the essential guide to property tax which will walk you through the various taxes you have to pay and some ways that you can avoid them. So make sure you go give it a watch, hit that subscribe button and turn on notifications so you don’t miss our next one.    For Hub Extra this week we’ve got a podcast that Rob D just can’t stop listening to. It’s called The Missing Cryptoqueen from the BBC. Now before you jump the gun, Rob D isn’t interested in getting involved in crypto currency, or a massive scam, which is what the podcast is all about.  It’s only an 8-part series but it’s a really interesting one. To give you a brief overview, it’s about a woman who created a new crypto currency which was going to be bigger than Bitcoin. She secured billions of Euros from people all over and then just vanished, and nobody knows where she is. It’s very fascinating so definitely give it a listen!   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 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

So I've got super special guests on the Property Podcast this week. I'm actually going to interview Rob D about his own property development exploits.

0:11.0

He's got a lot to share here. Some stuff went right, but as you'd expect,

0:15.2

with property development, a lot went wrong.

0:17.6

Welcome to the Property Podcast where every Thursday property investors come to be informed and inspired.

0:29.0

The learning today is coming from my experience. I've been involved for the last year and a half or so in a development

0:34.9

project which has recently come to an end. There's been some dark days but there's been a lot of

0:39.3

learnings to take away as well. So we'll be sharing all of those and then in Ham Extra if I've still got the strength

0:44.7

we'll be recommending a podcast that I've been listening to obsessively recently.

0:49.0

Rob, wouldn't it be lovely to know how much house prices are going to go up by the next five years

0:54.0

yeah that'd be great could you make that happen well I can't but the good folks at

0:58.3

Savils can rob they've produced a lovely

1:05.0

early Christmas present for us all.

1:07.0

So they have and even better it's in line with what we've been saying.

1:10.0

Hooray!

1:11.0

So they predict that the highest regional growth between 2019 and 2024 is

1:16.8

going to be in the northwest, which is going to go up by 24% they reckon. And the lowest, do you want to have any guesses rub oh I might struggle with this one Rob could it be London it could be London yeah with just 4% growth over the next five years and the reasons that they give for that much as we've been saying

1:35.9

Basically there's more room for growth the recovery in the north has been slower there's more the affordability is better etc

1:42.1

Yeah, and Yorkshire as well is the second highest performer according to their predictions

1:46.9

and that will be increases of 21% as we said Rob this is in line with our predictions

1:52.4

but I wouldn't be shocked if these As we said Rob, this isn't allowed with our predictions.

1:52.6

But I wouldn't be shocked if these numbers end up higher.

1:56.2

I wouldn't be surprised at all.

...

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