For more information about our Property Training Business, Property Wealth System, Click HERE: https://propertywealthsystem.co.uk/ev...

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The Ugly Side of Property: Common Frustrations Explored

In this candid episode of This Property Life, hosts Caroline and Nick Claydon break from their usual positive tone to vent about the aspects of property investment that frustrate them the most. From fickle lenders and frustrating planning processes to unreliable builders and cautious surveyors, they cover it all. They also take a critical look at the influence of misinformed journalists and misleading property 'gurus' on public perception. Despite the rants, they conclude on an optimistic note, emphasizing the freedom and financial benefits that property investment brings. This episode provides valuable insights for aspiring and seasoned property investors alike.

Key Takeaway Points:

Challenges with lenders: Lenders are often fickle and have ever-changing criteria, making it difficult for property investors.

Builder culture: Building relationships with builders involves navigating a culture that can sometimes be offensive and unprofessional.

Inefficient planning processes: The planning process is often slow and lacks common sense, leading to significant holding costs for investors.

Slow conveyancing: The conveyancing process is outdated and unnecessarily long, adding frustration and delay.

Inaccurate surveyor valuations: Inconsistencies in property valuations can waste time and derail deals.

Misleading property journalism: Journalists often provide inaccurate information about the property market, influencing public opinion negatively.

Social media 'gurus': The presence of inauthentic property 'gurus' can be misleading and detrimental to new investors.

Importance of persistence: Despite these challenges, patience and persistence in the property sector lead to ultimate fulfillment and financial freedom.

Rewards of property investment: Successful property investment offers significant freedom, flexibility, and the ability to design one's financial future.

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Stay updated with This Property Life Podcast by subscribing on your favourite podcast platform. Follow us on social media for the latest episodes, behind-the-scenes content, and more tips on making the most out of your property investments. Your journey to successful property investing starts with engaging in meaningful conversations and building a robust network.

Instagram: @thispropertylife

TikTok: @thispropertylife

Facebook: This Property Life

Contact Information:

For any inquiries or collaborations, feel free to reach out through our website's contact form at thispropertylife.co.uk/contact. We are always excited to connect with our listeners, answer your questions, and help you succeed in your property investment journey.

Thank you for tuning into this week's episode of This Property Life Podcast. Remember, success in property investment is just a conversation away! Keep talking, keep networking, and keep investing.

Hosted on Acast. See acast.com/privacy for more information.

For more information about our Property Training Business, Property Wealth System, Click HERE: https://propertywealthsystem.co.uk/events

For FREE 1 Hour Training, Click HERE: propertywealthsystem.co.uk/webinar-page

For Information about our 3 Day Property Workshop, Click HERE: propertywealthsystem.co.uk/webinarended

How to Find and Work with Investors to Grow Your Property Business

In this episode of This Property Life, host Caroline Claydon delves into the intricacies of building relationships with investors to expand your property business. Caroline provides listeners with five key elements for finding investors, including the importance of networking, crafting an investor pitch, understanding investor goals, and setting clear terms and conditions. She shares her personal experiences and insights on effectively communicating with potential investors to establish mutually beneficial partnerships. Additionally, Caroline explains the process of creating a compelling private investor proposal document and continuously delivering on promises. This comprehensive guide aims to equip aspiring and seasoned property investors with the knowledge to attract and maintain investment relationships.

Key Takeaway Points:

In this episode of the Property Life podcast, Caroline Clayton from Property Wealth System discusses effective strategies for finding and working with investors to grow your property business. Key topics include:

• Recognising that money can come from unexpected places and the importance of building relationships with investors.
• Building a network by talking to people, including strangers and leveraging social media to share your journey as a property investor.
• Creating a private investor proposal document to outline deal details and provide confidence to potential investors.
• Understanding the goals and needs of your investors to tailor proposals accordingly.
• Setting clear terms and conditions in agreements, including contingencies for delays or personal changes.
• Ensuring continuous communication with investors and delivering on your promises.
• Utilising examples from personal experiences to demonstrate how to secure and work with investors, even without a prior track record.
• Emphasising the importance of perception and confidence in raising money from investors.
• Offering seminars and free training sessions to help others in the property investment space.

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Stay updated with This Property Life Podcast by subscribing on your favourite podcast platform. Follow us on social media for the latest episodes, behind-the-scenes content, and more tips on making the most out of your property investments. Your journey to successful property investing starts with engaging in meaningful conversations and building a robust network.

Instagram: @thispropertylife

Tiktok: @thispropertylife

Facebook: This Property Life

Contact Information:

For any inquiries or collaborations, feel free to reach out through our website's contact form at thispropertylife.co.uk/contact. We are always excited to connect with our listeners, answer your questions, and help you succeed in your property investment journey.

Thank you for tuning into this week's episode of This Property Life Podcast. Remember, success in property investment is just a conversation away! Keep talking, keep networking, and keep investing.

Stay tuned for our next episode where we bring you more insightful discussions and expert advice on property investing. Until then, happy investing!

Hosted on Acast. See acast.com/privacy for more information.

For more information about our Property Training Business, Property Wealth System, Click HERE: https://propertywealthsystem.co.uk/events

For FREE 1 Hour Training, Click HERE: propertywealthsystem.co.uk/webinar-page

For Information about our 3 Day Property Workshop, Click HERE: propertywealthsystem.co.uk/webinarended

In this episode of the Property Wealth podcast, hosts Caroline and Nick Claydon dive deep into the hidden hacks of property investment negotiation. They discuss why vendors may prefer off-market deals and outline the nuances of negotiating with different personality types. From direct-to-vendor approaches to dealing with both residential and commercial property agents, the duo shares practical advice, personal anecdotes, and effective strategies. They emphasise the importance of understanding personality types, building rapport, presenting offers, and navigating negotiations to achieve successful deals. The episode wraps up with insights into the commercial property market, highlighting the differences in agent interactions and negotiation tactics.

Key Takeaway Points:

This podcast episode, hosted by Caroline and Nick Claydon, focuses on various negotiation techniques and hidden hacks crucial for property investors. Key takeaways include:

Benefits of off-market deals: Vendors might prefer selling off-market to investors to avoid hassle and reduce costs.

Importance of understanding personality types: Knowing the personality type of the seller or agent can significantly help in negotiation.

Different types of property agents: Differentiating between residential and commercial property agents and tailoring negotiation strategies for each.

Direct to vendor negotiations: Being sensitive, understanding seller's motivations, and building rapport are key to successful deals.

Strategies for dealing with agents: Building rapport, positioning oneself as a serious buyer, and employing techniques such as odd-number offers or takeaway offers.

Importance of proof of funds: Always back your offers with proof of funds to appear more credible.

Psychological tactics: Using mirroring techniques and framing offers properly to influence the seller or agent.

Persistent follow-up: Keep following up on offers every couple of weeks, especially if the property might come back to the market.

Scarcity mindset: Overcome the scarcity mindset and understand there are always deals available if you know where to look.

Specific strategies for commercial property agents: More open to creative deal structuring and require building strong, professional relationships.

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Stay updated with This Property Life Podcast by subscribing on your favourite podcast platform. Follow us on social media for the latest episodes, behind-the-scenes content, and more tips on making the most out of your property investments. Your journey to successful property investing starts with engaging in meaningful conversations and building a robust network.

Instagram: @thispropertylife

Tiktok: @thispropertylife

Facebook: This Property Life

Contact Information:

For any inquiries or collaborations, feel free to reach out through our website's contact form at thispropertylife.co.uk/contact. We are always excited to connect with our listeners, answer your questions, and help you succeed in your property investment journey.

Thank you for tuning into this week's episode of This Property Life Podcast. Remember, success in property investment is just a conversation away! Keep talking, keep networking, and keep investing.

Stay tuned for our next episode where we bring you more insightful discussions and expert advice on property investing. Until then, happy investing!

Hosted on Acast. See acast.com/privacy for more information.

• For more information about our Property Training Business, Property Wealth System, Click HERE: https://propertywealthsystem.co.uk/events 
• For FREE 1 Hour Training, Click HERE: propertywealthsystem.co.uk/webinar-page  
• For Information about our 3 Day Property Workshop, Click HERE: propertywealthsystem.co.uk/webinarended 
• Property Investment Missteps: Lessons, Pitfalls, and Recovery Insights

In this episode of This Property Life, hosts Nick Claydon and Caroline reflect on their 25-year journey in property investment, sharing candid stories of their biggest mistakes and the invaluable lessons learned. They discuss errors made from inadequate due diligence, poor negotiation skills, and misguided DIY renovations, to challenges in joint ventures and sideline businesses. Highlighting key experiences with a one-bedroom flat in Edinburgh and HMOs in Birmingham, they emphasise the importance of proper education, professional help, sticking to core competencies, and the critical role of mentors. The episode offers valuable advice for avoiding pitfalls, conducting thorough due diligence, and evolving through continuous learning. Nick and Caroline also announce upcoming events and workshops designed to equip investors with the tools and knowledge necessary to thrive in property investment.

Key Takeaway Points:

The podcast offers valuable insights into property investment by sharing common mistakes and lessons learned by experienced investors. Key takeaways include:

• The importance of making educated decisions and conducting due diligence rather than rushing into property deals.
• Learning from early investment errors such as using all savings for deposits, failing to negotiate, and ignoring cash flow potential.
• Recognizing the need for proper guidance and strategies to avoid pitfalls in property investing.
• The significance of proper education and support to maintain focus on main investment strategies.
• Avoiding unproductive ventures like starting a letting agency without experience, which can derail primary goals.
• Trust in one's investment model and the importance of being proactive in raising funds and seeking external advice.
• Conducting thorough background checks before entering joint ventures, irrespective of superficial appearances and claims.
• Utilising resources like Company’s House to verify credentials and avoiding partnerships with parties who refuse to share financial documents.
• Encouragement to participate in community discussions for shared advice and experiences.

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Stay updated with This Property Life Podcast by subscribing on your favourite podcast platform. Follow us on social media for the latest episodes, behind-the-scenes content, and more tips on making the most out of your property investments. Your journey to successful property investing starts with engaging in meaningful conversations and building a robust network.

Instagram: @thispropertylife

Tiktok: @thispropertylife

Facebook: This Property Life

Hosted on Acast. See acast.com/privacy for more information.

For more information about our Property Training Business, Property Wealth System, Click HERE: https://propertywealthsystem.co.uk/events

For FREE 1 Hour Training, Click HERE: propertywealthsystem.co.uk/webinar-page For Information about our 3 Day

Property Workshop, Click HERE:

propertywealthsystem.co.uk/webinarended

Navigating Property Investment: End Goals and Evolving Strategies

In this episode of The Property Life podcast, hosts Nick and Caroline delve into their personal journey of property investment, discussing what they term as their 'property end game.' They candidly explore their varied perspectives—Nick considering eventual stepping back from active investment and Caroline seeing it as a lifelong pursuit fuelled by a passion for the process. Despite their differing outlooks, they map out important considerations for property investors, such as the impact of market conditions, the necessity of long-term planning, and the potential to hand off operations to the next generation. They also touch on the importance of setting and revisiting financial goals, differing investment strategies from real estate to diversified funds, and the challenges posed by an evolving market landscape. The conversation is interspersed with personal anecdotes and hints at the underlying dynamics of their business and personal relationship.

Key Takeaways:

- The concept of 'property end game' revolves around determining personal financial goals and achieving a sustainable lifestyle through property investment.

- Differing views on what the 'end game' entails: one speaker desires to eventually sell and live off fund investments, while the other is enthusiastic about continuous property acquisition.

- Maintaining a clear vision and flexible goals is critical as aspirations and financial situations evolve.

- Achieving financial freedom involves establishing a target income and building a diversified portfolio to support that lifestyle.

- The discussion highlights challenges in property investment, including dealing with planning, lending, and legalities, as well as the stress of project management.

- Consideration of family legacy is important, with thoughts on possibly involving the next generation or exploring passive income avenues.

- The book 'Financial Freedom' is referenced, emphasizing the importance of calculating your desired annual income and working towards a significant investment fund.

- The speakers note the necessity of ongoing learning and exploration of new ventures and business opportunities.

- There's mention of potential gender disparity in the property industry and personal observations from events and experiences.

- Pensions may not suffice for a desired retirement lifestyle, hence the need for proactive investment planning.

- Continuous adaptation and reassessment of financial goals are vital, with an emphasis on stepping stone objectives leading to an ultimate end game.

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Stay updated with This Property Life Podcast by subscribing on your favourite podcast platform. Follow us on social media for the latest episodes, behind-the-scenes content, and more tips on making the most out of your property investments. Your journey to successful property investing starts with engaging in meaningful conversations and building a robust network.

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The Great Debate: New Builds vs. Victorian Terraces in Property Investment

In this episode, hosts Nick and Caroline engage in a thorough discussion on the pros and cons of investing in new builds versus Victorian terraced houses in the UK property market. They share their preference for Victorian terraces, citing stability and long-term investment potential, while new builds are viewed as market-reliant and speculative. Through colorful anecdotes and statistics about past market conditions, they emphasize the importance of understanding the market, investor pitfalls, and the dangers of oversupply in new build investments. They also highlight the risks of education companies tied to developers and caution potential investors against such practices. The conversation is a mix of Nick's enthusiasm for Victorian homes and some property investment educational content, rounded off with an invitation to their upcoming property events around the UK

Key Takeaway Points:

- New builds often attract investors due to low initial costs and potential paper gains as development phases progress.

- Risks of new builds include market dependency, limited tenant appeal, high service charges, and potential oversupply.

- Victorian terraced houses are favored for their stability, consistent value, and broad tenant market appeal.

- Investing in property requires thorough research and understanding of market dynamics.

- Caution against speculating in new builds without extensive market knowledge, as it is akin to gambling.

- The importance of conventional investment practices focused on long-term gains from rental income.

- Property education should be about teaching investment strategies rather than pushing quick sales for self-interest.

- Simple, not easy: Property investing requires effort and understanding of processes, despite appearing straightforward.

- Real opportunities come from strategic investments rather than quick fixes sold by some educators.

- Emphasize investment in average properties for average people as a recession-proof strategy.

Follow and Subscribe:

Stay updated with This Property Life Podcast by subscribing on your favourite podcast platform. Follow us on social media for the latest episodes, behind-the-scenes content, and more tips on making the most out of your property investments. Your journey to successful property investing starts with engaging in meaningful conversations and building a robust network.

Instagram: @thispropertylife

Tiktok: @thispropertylife

Facebook: This Property Life

Contact Information:

For any inquiries or collaborations, feel free to reach out through our website's contact form at thispropertylife.co.uk/contact. We are always excited to connect with our listeners, answer your questions, and help you succeed in your property investment journey.

Thank you for tuning into this week's episode of This Property Life Podcast. Remember, success in property investment is just a conversation away! Keep talking, keep networking, and keep investing.

Stay tuned for our next episode where we bring you more insightful discussions and expert advice on property investing. Until then, happy investing!

Hosted on Acast. See acast.com/privacy for more information.

In this episode of Property Wealth System's podcast, hosts Nick and Caroline discuss their journey of making £100K in income in one month from a single property. They aim to debunk the clickbait titles and share the real highs and lows of property investment. The duo dives into their transition into serviced accommodation, the planning and financial challenges they faced, and the strategies they implemented to overcome them. They provide insights into navigating the Edinburgh property market, dealing with unexpected setbacks, and the importance of having a solid foundation of other income-generating properties. The hosts also highlight the significance of realistic expectations, transparency, and the long-term commitment required in property investment.

Key Takeaways:

• Sensationalist media headlines can attract attention but often mask the reality of property investing experiences.
• Social media is filled with misleading 'property guru' claims and clickbait; real achievements come from hard work and persistence.
• Successful property investing requires thorough planning, dealing with unexpected issues, and having a robust financial safety net.
• Extending property business into hospitality services, such as serviced accommodations, can be profitable but comes with its own set of challenges.
• Establishing credibility and a good reputation in the local market can have significant long-term benefits.
• Automating operations, using solutions like automated booking systems and door locks, can increase efficiency but also introduce new complexities.
• Achieving sensational results like 100K from one property in nine months usually involves years of groundwork and experience.

00:00 - Introduction and Episode Title Reveal

00:45 - Cutting Through Clickbait and Property Guru Myths

03:45 - Navigating the Pandemic with an Automated Hotel Model

05:38 - The Edinburgh Project: Painful Lessons and Triumphs

19:01 - Financial Struggles and Resourcefulness

27:21 - Elon Musk to the Rescue

29:25 - Water Woes and Utility Struggles

30:22 - The Rush to Open

33:56 - Booking.com hacked

34:41 - Fire Alarm Fiasco

36:23 - The Front Door Saga

42:05 - Refining Operations and Costs

44:18 - Final Thoughts and Future Plans

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Stay updated with This Property Life Podcast by subscribing on your favourite podcast platform. Follow us on social media for the latest episodes, behind-the-scenes content, and more tips on making the most out of your property investments. Your journey to successful property investing starts with engaging in meaningful conversations and building a robust network.

Instagram: @thispropertylife

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Facebook: This Property Life

For more information about our Property Training Business, Property Wealth System, Click HERE: https://propertywealthsystem.co.uk/about3di

Contact Information:

For any inquiries or collaborations, feel free to reach out through our website's contact form at thispropertylife.co.uk/contact. We are always excited to connect with our listeners, answer your questions, and help you succeed in your property investment journey.

Thank you for tuning into this week's episode of This Property Life Podcast. Remember, success in property investment is just a conversation away! Keep talking, keep networking, and keep investing.

Stay tuned for our next episode where we bring you more insightful discussions and expert advice on property investing. Until then, happy investing!

Hosted on Acast. See acast.com/privacy for more information.

For more information about our Property Training Business, Property Wealth System, Click HERE: https://propertywealthsystem.co.uk/events 

For FREE 1 Hour Training, Click HERE: propertywealthsystem.co.uk/webinar-page  

For Information about our 3 Day Property Workshop, Click HERE: propertywealthsystem.co.uk/webinarended 

In this episode of This Property Life, hosts Nick and Caroline tackle the sensationalist media headlines about landlords exiting the market. They emphasise the importance of separating fact from fiction and share insights based on their 15 years of property investment experience. The duo addresses the impact of media misinformation, the reality of market conditions, and how proper strategy and mindset can help landlords thrive even in challenging times.

Key Takeaways:

Media headlines can negatively influence potential property investors.

The majority of news articles about the property market do not reflect current realities.

Property investment involves understanding and managing multiple aspects like interest rates, market conditions, and government policies.

Stress-test deals by running numbers at higher interest rates to prepare for market fluctuations.

Not putting all your eggs in one basket is crucial.

Differentiation between amateur and professional investors is key; the latter treats property investment as a primary business.

Accept some temporary financial challenges if it facilitates long-term gains.

Engaging with negative or uninformed opinions from non-investors can be detrimental to your investment mindset.

Utilize tax-efficient strategies.

Seize current opportunities in the market.

Best Moments:

00:00 Welcome to This Property Life

01:21 Analysing Sensational Headlines

05:58 Impact of Clause 24 on Landlords

07:20 Government Policies

18:06 Changing Attitudes

20:23 Professional vs. Amateur Landlords

24:48 Landlords Leaving the Market?

26:12 Interest Rates and Deal Analysis

27:27 Economy of Scale

28:54 Mindset and Strategy for Property Investors

29:52 Navigating Mortgage Market Conditions

31:59 Adapting to Market Changes

41:07 The Importance of Professional Advice

42:44 Upcoming Events and Workshops

44:44 Final Thoughts and Farewell

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Stay updated with This Property Life Podcast by subscribing on your favourite podcast platform. Follow us on social media for the latest episodes, behind-the-scenes content, and more tips on making the most out of your property investments.

Instagram: @thispropertylife

Tiktok: @thispropertylife

Facebook: This Property Life

Contact Information:

For any inquiries or collaborations, feel free to reach out through our website's contact form at thispropertylife.co.uk/contact. We are always excited to connect with our listeners, answer your questions, and help you succeed in your property investment journey.

Thank you for tuning into this week's episode of This Property Life Podcast. Remember, success in property investment is just a conversation away! Keep talking, keep networking, and keep investing.

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For FREE 1 Hour Training, Click HERE:

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Is 'Rich Dad, Poor Dad' Still Relevant Today?

In this episode of This Property Life, Nick and Caroline discuss the enduring relevance of Robert Kiyosaki's 'Rich Dad, Poor Dad' in the current property investment market. They reflect on their personal journey and emphasise how Kiyosaki's teachings on financial mindset and investment strategies have influenced their success. The episode covers the difference between poor, middle class, and wealthy financial mindsets, the importance of investing in education, and the value of creating multiple income streams through assets. Caroline shares her experiences as a global trainer for Kiyosaki's educational programs and how his principles have shaped their property business. The couple also highlight the significance of having a strong reason and mindset to achieve financial freedom.

Key Takeaways:

Having a powerful 'why' will motivate you through the toughest challenges.

A financial education is crucial

Invest your earnings into assets that generate passive income rather than spending on liabilities.

Seek mentorship and learn from those who have succeeded in the field already

Small, consistent actions can lead to significant results over time.

Employ creative financing – there are multiple ways to raise funds for property investments beyond traditional methods.

Always be willing to acquire new knowledge and adapt.

Best Moments

00:00 Introduction to This Property Life Podcast

00:27 Discussing Rich Dad Poor Dad's Relevance

02:08 Personal Journey and Early Investments

03:47 The Turning Point: Financial Crisis and New Strategies

05:14 Discovering Robert Kiyosaki's Teachings

08:32 Implementing New Financial Mindsets

15:18 Understanding Financial Statements

22:07 The Rat Race and Income Generating Assets

24:11 The Generational Shift in Work Attitudes

26:08 The Importance of Owning Assets

26:51 Training with Rich Dad Education

29:17 The Cashflow Game vs. Monopoly

35:26 Key Takeaways from Rich Dad, Poor Dad

42:59 Upcoming Events and Workshops

45:51 Conclusion and Final Thoughts

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Stay updated with This Property Life Podcast by subscribing on your favourite podcast platform. Follow us on social media for the latest episodes, behind-the-scenes content, and more tips on making the most out of your property investments. Your journey to successful property investing starts with engaging in meaningful conversations and building a robust network.

Instagram: @thispropertylife

Tiktok: @thispropertylife

Facebook: This Property Life

Contact Information:

For any inquiries or collaborations, feel free to reach out through our website's contact form at thispropertylife.co.uk/contact. We are always excited to connect with our listeners, answer your questions, and help you succeed in your property investment journey.

Thank you for tuning into this week's episode of This Property Life Podcast. Remember, success in property investment is just a conversation away! Keep talking, keep networking, and keep investing.

Stay tuned for our next episode where we bring you more insightful discussions and expert advice on property investing. Until then, happy investing!

Hosted on Acast. See acast.com/privacy for more information.

In this episode, Nick and Rick discuss buying property at auctions. They explain the different types of auctions, the pitfalls and perils, and provide tips for buying at auctions, and also caution against making impulse buys and getting caught up in the emotion of the auction. Overall, they highlight that auctions can be a good place to buy and sell property, but it requires a professional mindset and careful consideration. Buyers should view the property, review the legal pack, and ensure it fits their strategy. Financing can be obtained through specialist lenders including bridging finance and angel investors. Selling at auction can be a quick and efficient way to transact, but it's important to set realistic reserves and have a good relationship with the auctioneer. Rick shares his experience of selling two HMO properties at auction and achieving a good result. Overall, auctions offer speed and certainty, but buyers and sellers must be diligent and well-prepared.

Key Takeaways

*Do thorough due diligence before buying a property at auction

*Always view the property before making a purchase

*Understand the different types of auctions and their terms

*Be cautious of impulse buys and emotional bidding

*Take the time to understand the paperwork and legalities involved Auctions can be a good option for buying and selling properties, but due diligence is crucial.

*Buyers should view the property, review the legal pack, and ensure it fits their strategy before bidding.

*Financing for auction purchases can be obtained through specialist lenders like bridging.

*Selling at auction can be a quick and efficient way to transact, but it's important to set realistic reserves and have a good relationship with the auctioneer.

*Rick shares his experience of selling two HMO properties at auction and achieving a good result.

*Overall, auctions offer speed and certainty, but buyers and sellers must be diligent and well-prepared.

Best Moments

03:04 Understanding the Modern Method of Auction

06:24 Pitfalls and Perils of Auctions

08:09 The Importance of Due Diligence

19:09 Approaching Auctions Professionally

24:21 Understanding Legal Packs

28:39 Financing Options for Auction Purchases

36:38 Rick's Experience of Selling HMO Properties at Auction

40:19 Benefits and Risks of Buying and Selling at Auction

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Stay updated with This Property Life Podcast by subscribing on your favourite podcast platform. Follow us on social media for the latest episodes, behind-the-scenes content, and more tips on making the most out of your property investments. Your journey to successful property investing starts with engaging in meaningful conversations and building a robust network.

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• : @thispropertylife_podcast
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• : This Property Life Podcast

Contact Information

For any inquiries or collaborations, feel free to reach out through our website's contact form at thispropertylife.co.uk/contact. We are always excited to connect with our listeners, answer your questions, and help you succeed in your property investment journey.

Thank you for tuning into this week's episode of This Property Life Podcast. Remember, success in property investment is just a conversation away! Keep talking, keep networking, and keep investing.

Stay tuned for our next episode where we bring you more insightful discussions and expert advice on property investing. Until then, happy investing!

Hosted on Acast. See acast.com/privacy for more information.

Episode Summary

This week's episode dives deep into the value of human interaction in property investing. Nick and Rick discuss how engaging in face-to-face meetings, building a local network of contractors, and talking to people in new investment areas can uncover significant opportunities that online listings might miss. Rick shares personal anecdotes highlighting the success that comes from consistently putting oneself out there and making connections, such as discovering a landlord with a large property portfolio through direct conversation.

The episode also touches on the significance of overcoming impostor syndrome in the industry. Both speakers advocate for taking small, proactive steps to build confidence and expertise. The hosts invite listeners to participate by sending in questions for future Q&A sessions, aiming to create an interactive and engaging community focussed on property investment.

Key Takeaways

1. Engage in Networking: Property investing isn't just about scouring online listings like Rightmove. It's about visiting locations, talking to people, and building a local network of contractors and service providers.
2. Build a Database of Contacts: Dedicate trips to investment areas to meet local subcontractors, such as roofers and builders. Referrals and face-to-face interactions are invaluable in this business.
3. Value of Human Interaction: Relying solely on online information might lead to missed opportunities. Real-life stories underline that talking to people can unearth hidden investment opportunities.
4. Hard Work Over Luck: Opportunities in property investing come more from consistent effort and networking rather than luck.

Best Moments

• [00:05:12] - Nick's personal experience: Discovering a landlord with a property portfolio through in-person networking rather than online listings.
• [00:15:43] - Rick's Strategy for Finding a Good Builder: Engaging with builders in investment areas and getting referrals from letting agents.
• [00:27:30] - Buying a portfolio in a pub: Rick shares a story of buying property after a chance conversation in a pub
• [00:35:05] - Remind people of what you do: Continuously talk to people about your involvement in property investing to generate leads and opportunities.
• [00:41:22] - Inviting Listener Participation: Nick invites listeners to send in questions to the podcast via the contact form or voice note on the website.

Do you have questions about property investing? Don’t miss your chance to get them answered in upcoming Q&A sessions! Submit your questions via voice note or the contact form on our website thispropertylife.co.uk. Make sure to follow Caroline on Instagram at carolineclaydon.property for more insights and updates.

Stay updated with This Property Life Podcast by subscribing on your favorite podcast platform. Follow us on social media for the latest episodes, behind-the-scenes content, and more tips on making the most out of your property investments.

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• : @ThisPropertyLife
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• : @thispropertylife_podcast
• Facebook
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You can join Caroline, Nick, Rick and Sarah along with the rest of our team and a community of like-minded investors in the Property Wealth System Facebook Community https://www.facebook.com/groups/propertywealthcommunity

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