TPP382: 7 lessons we learned from a billionaire investor
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 9 July 2020
⏱️ 23 minutes
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Summary
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| 0:00.0 | Now for hundreds of episodes Rob and I have drawn upon our own experiences but we thought we'd level up this week |
| 0:09.4 | This week we're going to take lessons from a billionaire investor. |
| 0:13.1 | Okay, we've leveled up quite a bit, but because of that, the lessons are invaluable. Welcome to the Property Podcast where every Thursday property investors come to be informed and inspired. |
| 0:29.0 | In this week's episode we're taking lessons from one of the biggest investors, one of the biggest |
| 0:33.5 | companies in the entire world and you might think well how's that going to be |
| 0:36.5 | applicable to me just trying to do my first bite to let or in the middle of this |
| 0:40.0 | little flip well you would be surprised because there's plenty in here that you can use |
| 0:44.4 | to make yourself a better property investor and to get ahead in life in general. |
| 0:49.1 | A big news story for you this week at least it seems so from the headline which reads PM |
| 0:53.6 | pledges biggest planning shake-up since World War II. This sounds like it's going to |
| 0:58.6 | mean up quite a big thing for the world of property Rob. Well like with many such announcements the detail is a |
| 1:03.8 | bit thin on the ground so we don't really know how big this is going to be. |
| 1:07.2 | What do you mean there's no detail Rob? Boris said he wants to build build |
| 1:10.5 | build isn't that enough? Well yeah that, that's it, so we're all going to build, and that's the end of it. |
| 1:16.6 | But if you are a builder or you have an eye on doing developments, that's your angle on property, |
| 1:21.8 | then this is good news for you because there are going to be |
| 1:24.4 | more things that you can do without requiring planning permission. So included in there is |
| 1:29.5 | converting commercial premises to residential. There's going to be more commercial premises that you can now |
| 1:33.9 | convert without needing planning. If you want to demolish an old building and replace it with new homes, |
| 1:38.4 | you're not going to need planning permission. If you want to extend or add extra floors, |
| 1:42.4 | there's going to be a fast track process apparently to do that. |
| 1:45.7 | And the general idea is to get more building happening and make it easier to do that on Brownfield sites, |
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