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The Property Podcast

TPP535: The “Monopoly” strategy: Update on Rob B’s portfolio

The Property Podcast

Rob Bence & Rob Dix

Business News, News, Business, Education, Investing

4.82K Ratings

🗓️ 15 June 2023

⏱️ 25 minutes

🧾️ Download transcript

Summary

Dive into the world of Rob's real-life Monopoly! Tune in as we uncover his current portfolio strategy and the reasons driving this strategy switch-up.  (0:44) News story of the week  (2:22) Rob B’s Monopoly strategy  (3:27) How Rob’s portfolio has grown and evolved  (5:43) What percentage of Rob’s portfolio would he like to move on?  (6:02) How many properties has Rob sold so far?  (7:06) How did Rob choose which properties to sell?  (8:25) What made Rob decide to sell?  (9:11) What is Rob doing with the funds?  (10:30) What’s next for the Monopoly strategy?  (11:17) Portfolio value over number of units  (13:39) The impact of being cash-flow negative  (16:52) What’s the end goal?  (18:10) Fighting the market  (19:01) Same tactics, different strategy  (21:22) Hub Extra  Links mentioned:  Chat GPT  Rent Cap goes on for another six months despite industry opposition  Enjoy the show?  Leave us a review on Apple Podcasts - it really helps others find us!  Sign up for our free weekly newsletter, Property Pulse  See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Hey everyone, Robby here with RobD, and this week on the Property Podcast, we're

0:06.6

playing Monopoly, but don't worry, it's not a list on a long Monopoly game, it's actually

0:10.4

a strategy that some of you could start using today.

0:20.1

Welcome to the Property Podcast, where every Thursday morning we take time out from

0:23.2

advising a multi-million pound property fund and putting together hundreds of deals for

0:26.7

our clients to bring you a little bit about what we've learned along the way for free.

0:31.2

And this is such a great example.

0:32.4

One of the first ever episodes of the Property Podcast was called Never Sell a Property.

0:36.8

Well, ten years on, our strategies have changed and our views have matured.

0:41.1

So in this episode, you'll get to learn what Robby's strategy is right now.

0:45.0

It's time for our news story of the week now, and Scottish listeners, or Scottish investors

0:51.6

I should say, please pay attention because we have some news, and unfortunately the

0:58.0

headlines suggest it's not good news because the headlines says rent cap goes on for another

1:02.5

six months in Scotland, despite industry opposition.

1:06.5

Rob, the headlines suggest it's not good news, is there a way you could spend it to make

1:11.0

it good?

1:12.0

Not really, I believe it was Milton Friedman who said there is nothing so permanent as

1:15.8

a temporary government program, although I know it has kind of looked it up, but this

1:19.6

is just an absolute classic example of that.

1:22.1

This kind of six month, or when you have a rent cap because it's winter coming up and

1:25.9

blah, blah, blah, 18 months later, still going strong.

1:29.9

So initially, it was a rent free, you couldn't put rents up at all.

...

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