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The Property Podcast

TPP386: How to become a property super-geek

The Property Podcast

Rob Bence & Rob Dix

Education, Business News, Business, News, Investing

4.82K Ratings

🗓️ 6 August 2020

⏱️ 31 minutes

🧾️ Download transcript

Summary

When we refer to a property super-geek you may think that we’re referring to the number one Property Geek, Rob D.  But it seems that there’s someone else who is just as excited by tech and property, and that’s Chris Ryder.  You may remember Chris from a few weeks ago when The Robs interviewed him about his serviced accommodation business and how it was coping during lockdown. Well, he’s joining Rob & Rob again this week to talk about all things tech in property.  Before getting involved in property Chris was in a good corporate career that centered around software development. Chris has since gone on to deploy different apps and systems into the day-to-day management of his business. So, naturally Rob & Rob couldn’t resist doubling down and getting unashamedly geeky about property and tech. Tune in to find out how these apps have changed the way in which Chris manages his portfolio. You may pick up a few tips for yourself if you self-manage your properties or you’re thinking about doing it.    Over the past few months we've shared a number of news stories around mortgage products and how much they’ve changed, particularly during lockdown. The long term trend with mortgages and rates was downward, and even with interest rates going up, mortgage rates were still low because everyone was competing for business.  Now, it seems that’s been flipped on its head. There’s plenty of people now seeking a mortgage but the rates aren’t particularly attractive. One broker Rob D spoke to recently even said that some lenders are currently putting their rates up because they wanted to become less competitive!  Lenders are actually struggling with their workload so much that they want to put people off from applying for a new mortgage with them. Absolute madness!    We’ve got another two resources for you for this week’s Hub Extra. Naturally they’re related to what Chris has talked about on this week’s episode, and they’re both helpful with connecting different pieces of technology together to do cool automated stuff for you. The first is called ‘if this, then that’ which allows you to connect different tools together and it’s pretty cool in the way that it works, just have a look at the website. The second tool is called ‘Zapier’ which is basically the same thing but a little bit more techy and more for connecting ‘small business’ kind of software.   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

Hey it's Rob B here with Rob D and you are listening to the Property

0:06.1

podcast now this week is bags of fun for Rob and I this week we're turning everyone into geeks.

0:17.0

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

0:25.5

And yes, this week it's Christmas in August for Rob and Me.

0:28.4

We are talking Tech with Friend of the Podcast, Chris Ryder.

0:31.5

We've had him on the show before and we had to get him back to talk about some of the really mind-blowing things he's doing with technology to help him run his business.

0:38.8

So this is a conversation that's guaranteed to inspire you and make sure you stick around to the end for Hub Extra,

0:44.2

where we've got not just one, but two tools

0:46.1

that you can use to start giving your life

0:48.0

a bit of a tech upgrade.

0:50.2

We've shared quite a few new stories

0:51.8

in recent months about new mortgage products, about more choice, about lower rates.

0:56.0

This week, though, Rob, a bit of a reversal of that.

0:58.5

Yes, so if you've not been regularly listening to the podcast, a quick update.

1:03.6

The long-term trend with mortgages and the rates were going down.

1:08.2

Even when interest rates had risen, rates were going down because of the competition. The mortgage market and

1:14.8

the amount of players and it was red-hot and everybody wanted a piece of the pie.

1:18.2

But then we had lockdown and not much happened at all and now we're coming

1:22.3

out to lockdown and mortgage products are returning.

1:25.6

That is the good news and there seems to be a reasonable amount of choice.

1:30.0

But what's interesting is that the rates being offered aren't that attractive

1:35.7

compared to what they were a few months ago.

...

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