We’re back for another jam-packed Property Podcast with Rob & Rob and more importantly, we’re reviewing listener property investment deals… again!
Before we dive in, we have this week’s news story which is complete with fancy graphs, courtesy of the BBC. This shows the cost of renting in the UK in seven charts.
While most of the charts state the obvious, there are some interesting findings which buy to let property investors will find particularly useful, and of course Rob & Rob delve into these facts on the podcast and share their opinions on the newly unveiled data.
But before we get into our main topic of listener property deals, we’re letting you into a secret happening on the 26th November - mark this in your diary now!
Rob & Rob are going live and will be sharing details on where they’re both personally looking to invest in 2019; not just for buy to let property, but also from a property development perspective too.
The Robs are always inundated with questions on their personal approaches to property investment and this is a chance for you to hear first-hand what they plan on doing in 2019 and where.
It also gives you the opportunity to get ahead of the game and to do some research ahead of next year to see which locations are likely to outperform others.
The webinar is FREE, so click this link to reserve your spot.
The main event this week is a round 2 of listener deals. These 3 deals have been selected for Rob & Rob to review live on the podcast so sit back, hit play and hear their thoughts as they review each deal live on air.
Deal 1 - click here to view
This first property investment deal has come from Neil and is located in Rob B’s hometown of Liverpool.
The purchase has already been agreed at £76,000 and Neil thinks this will rent at around £550 per month. However, he’s concerned about the amount of money it would cost to bring this property up to a rental standard. He’s also questioning the capital growth potential in this area too.
Would this be a deal Rob & Rob would fight over? Or would the interesting choice of carpet send them running for this hills? And would Rob B tip this location for significant capital growth? Listen to find out.
Deal 2 - click here to view
The second deal has come from Darren, is located near Milton Keynes and is a beautiful 5-bedroom detached property with a decent price tag at £700,000.
This isn’t the type of property Rob & Rob usually see buy to let investors looking at, but Darren has a plan. He wants to purchase the property and split the plot (just take a look at the huge garden!). He wants to improve/refurbish the house for around £50,000 and sell it for £650,000.
It might sound like he’s making a loss, however he’ll have gained a nice little plot of 0.2 acres for £100,000 in an area where land is extremely rare. He could also fit another similar 5-bedroom property on the plot which could fetch up to £800,000!
Is this a viable plan or just plain crazy?
Deal 3 - click here to view
Our third listener property deal is from Sam and is in Leeds city centre. The purchase price of this buy to let property is £94,000 and it’s currently tenanted, achieving a rental income of £615 per month - a very decent return on investment.
Rob B knows this area well and has some slight concerns with studio apartments, so tune in to find out why this is this case. Would Rob & Rob invest or are they on the fence with this one?
Tune into this week’s podcast to find out.
Hub Extra: We’re giving you a great resource this week and it’s a perfect match for this podcast episode.
Property Log is an extension for Chrome and is a fantastic tool, (past lovers of Property Bee take note!) giving you all the price changes on the particular property you’re interested in.
Click here to download - you won’t regret it. Listen and find out how Rob D uses this in practice to help with price negotiations.
If you love discovering new resources on everything property related, make sure you’re signed up to Hub Extra; the most valuable email that’ll hit your inbox each week. Get over to The Property Hub website to sign up for FREE!
Get involved:
You can reach us over on Facebook, Twitter or Instagram. Let us know what you think about this week’s property podcast or let us know about any future topics you’d like us to cover.
You can also join our friendly property community on the Property Hub forum. It’s full of like minded people chatting all things property related.
We’d also love it if you could head over and leave us a review on Apple Podcasts. Reviews help other listeners find us and we always read a selection out on our podcast too - so you could get a mention.
Leave us a review on Apple Podcasts here.
Not sure how to leave a review? This video shows you how to review and subscribe on Apple Podcasts.
ASK427: Should I diversify between cities? PLUS: Help! I don't have a tenancy agreement!
TPP581: 7 property disasters we've had in the last 12 months! (PLUS: Big evictions news)
ASK426: 4 questions about taking equity out of my portfolio
AOB: Going behind the scenes of a £100m property business
TPP580: Worth it or not? We judge different property expenses
ASK425: How do I research a developer? PLUS: Will my Ltd Co pass the stress test?
TPP579: Using AI to become a superhuman property investor
ASK424: Should I pay this arrangement fee? PLUS: Is it time for a hands-off strategy?
TPP578: April Market Update
ASK423: Are studio flats worth buying? PLUS: Have prices really fallen as far as you say?
TPP577: Cashflow vs Capital Growth: Which wins?
ASK422: Where to invest in East Anglia? PLUS: What should I do about my mortgage renewal?
AOB: How focus has grown our business (and how to find it yourself)
TPP576: Mortgage Market Update
ASK421: Is Kent a good place to invest? PLUS: How do we split profits fairly?
TPP575: What on earth is happening with house prices?
ASK420: Does borrowing make sense anymore? PLUS: Should I start in commercial or residential?
TPP574: March Market Update
ASK419: Should I get into rent-to-rent? PLUS: Will this reduce my tax?
TPP573: A masterclass from a lettings expert
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Aligned Money Show
Dubai Property Podcast
IBKR Podcasts
The Ramsey Show
The Clark Howard Podcast