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The Property Podcast

TPP479: Never choose the wrong location again

The Property Podcast

Rob Bence & Rob Dix

Business News, News, Business, Education, Investing

4.82K Ratings

🗓️ 19 May 2022

⏱️ 27 minutes

🧾️ Download transcript

Summary

Your cheat sheet to property research   Due diligence can seem a little intimidating, especially if you’re doing it from your desktop. With so much to research where could you possibly start?  Thankfully research expert Mary Osmond is revealing the exact framework she uses to successfully research all her properties.  She’ll run you through every single step, so you can take what you’ve learned and apply it to your next deal.  With this cheat sheet, you’ll never choose the wrong location ever again.  In the news  This week’s news story may come as a surprise to you, especially in a booming market, but according to This is Money there’s been a surge in property down valuations all across the country.  As they’ve reported ‘The bank knocked £35,000 off the price we agreed: Mortgage lenders put the brakes on runaway house prices with a surge of down valuations’  But the shocking headlines don’t stop there, as one of the sub-headlines had us choking on our morning brew as This is Money reports ‘house price growth is slowing amid predictions prices will fall 3% next year’.  But what have the guys got to say about these gloomy predictions?  Hub Extra  If you’ve ever found yourself drowning in endless internet tabs (we’re looking at you Tracey), then this week's Hub Extra is for you.  Your desktop research game will be levelled up in no-time as you save precious time thanks to this handy browser – Sidekick.  Sidekick allows you to add all your favourite apps to a nifty little sidebar, and you can also group your tabs into different sessions, so you’ll never lose that perfect property on Rightmove again as you can pop it into a category for later.  Plus, it’s got a built-in ad-blocker, search history function and tab suspension!  Is there anything this browser can’t do?  Let’s get social  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.  And if you’d like to find out more information about Portfolio you can do that here.  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 RobD, and we've got the research queen Mary Osman on the

0:07.3

show this week, and last week she shared so much knowledge and so much information on

0:12.1

how to do due diligence and research, but this week I think she's updated again and taking

0:17.8

it to another level because she shares her exact framework that you can copy to make

0:22.1

sure that you are doing due diligence and your research the best way possible.

0:33.7

Welcome to the Property Podcast. Thank you for joining us. This is the show where we share

0:37.1

the knowledge that we've gained over the years with you for free, including the knowledge that we've

0:40.8

gained from running our multimillion pound property fund, which you can find out more about at

0:44.6

portfolio.co.uk. But once again, today we have a guest sharing her knowledge and make sure you're

0:51.6

listening and ready to take notes because if you do just some of what Mary's going to share with

0:56.5

you today, you will be a far better property investor for it. And also make sure you stick around

1:01.4

all the way to the end for her extra, where I share a tool that I've been using recently to get

1:05.5

more out of my time online. And make sure that you are following the show on your favourite

1:09.9

podcasting app. So on Apple Podcasts, just hit the little plus button on Spotify, you can just

1:15.3

hit follow and that will make sure that you get every episode downloaded to your phone.

1:19.8

Okay Rob, so it's time for our new story of the week and the headline is almost an

1:24.7

article itself. The headline reads, the bank knocked £35,000 off the price we agreed,

1:29.9

mortgage lenders put the brakes on and runaway house prices with a surge of down valuations.

1:34.5

This is from the this is money website and it appears down valuations are taking place across

1:41.1

the country. But one of the worrying sub headlines to this article is house price growth is

1:45.6

slowing amid predictions prices will fall 3% next year. So we're getting down valuations

1:51.5

Rob and predictions of property prices falling when you read headlines like this. Is it time to get

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