Join us in this engaging episode with Scott Dunsmore as he shares his invaluable experiences and lessons learned in the property investment world. Whether you're a seasoned investor or just starting, there's something for everyone in this episode.
First Property Investments:
Initial Investments: Scott discusses his first buy-to-let properties, the challenges with troublesome tenants, and low-value properties.
Learning Curve: He explains how he learned from these experiences and adjusted his investment strategies over...
Join us in this engaging episode with Scott Dunsmore as he shares his invaluable experiences and lessons learned in the property investment world. Whether you're a seasoned investor or just starting, there's something for everyone in this episode.
First Property Investments:
- Initial Investments: Scott discusses his first buy-to-let properties, the challenges with troublesome tenants, and low-value properties.
- Learning Curve: He explains how he learned from these experiences and adjusted his investment strategies over time.
Commercial Property and New Builds:
- Transition to Commercial: Scott details his shift into commercial property investment.
- New Build Project: He talks about the challenges and successes of a new build project, particularly during the COVID-19 pandemic.
Business Challenges and Shifts:
- Family Business: Scott shares the struggles with his dad's door company, including losing a major contract.
- Capital Reallocation: He discusses winding down the business and using the capital to fund his property investments.
Current Portfolio and Strategies:
- Current Holdings: A mix of residential and commercial properties.
- Recent Acquisitions: Scott highlights recent property acquisitions and his focus on sourcing and scaling his business.
Personal Growth and Future Plans:
- Personal Development: Scott reflects on his personal growth through his property journey.
- Importance of Education: He emphasizes the value of continuous learning and networking.
- Future Plans: Exploring commercial property courses and further scaling his property business.
Challenges and Reality of Property Investment:
- Realities of Investment: The discussion covers the hard work and challenges inherent in property investment.
- Resilience: Scott stresses the importance of resilience and adaptability in overcoming setbacks.
Follow Scott Dunsmore on Instagram: https://www.instagram.com/scottdunsmoreproperty__
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Visit Prime Property Auction website: https://primepropertyauctions.co.uk/
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