TPP402: 3 property investors tell us about investing during the year of Covid
Play • 24 min

Have you been investing during Covid?

Well, if you haven’t been investing during Covid, these three property investors certainly have. 

Trying to build a portfolio is hard enough, nevermind trying to do it in the middle of a worldwide pandemic. 

Naturally, it’s brought challenges for everyone. But it’s how you work through those challenges that will set you apart from others who have been investing during Covid.

If you’re at a bit of a sticking point and you’re not sure if investing during Covid is the right thing for you, then today’s episode should certainly help.

Here’s what to expect on this week’s property podcast episode

On today’s episode Rob & Rob are talking to three investors who have certainly come across challenges whilst investing during Covid.

You may recognise these three investors as Iain, Sarah and Steve. A panel of investors that we’ve spoken to a number of times before. 

We like to check in with Iain, Sarah and Steve every now and again to see how they’re getting on with their investment journeys. 

So we thought now would be a better time than ever to see how they’re getting on with investing during Covid.

 

In the news

In the news this week we have a positive news story, hooray! 

Safety checks eased to help flat owners ‘in limbo’.

A lot of investors have been having issues trying to sell or refinance their property due to needing an EWS1 form. This came into place after the Grenfell Tower disaster, and is designed to show that there are no safety issues with the building.

The good news is that it came out recently that the form won’t be needed for properties that don’t have cladding – and although there’s still confusion in the industry about exactly when it’s needed, this latest announcement certainly seems like good news for a lot of property owners and investors.

 

Hub extra

This week’s Hub Extra is a quote for you. It’s the perfect quote to sum up the qualities needed to be successful in this current climate.

‘Success is no accident. It is hard work, perseverance, learning, studying, sacrifice and most of all, love of what you are doing or learning to do’ - Pele.

Which we think is pretty spot on for right now.

 

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.

See omnystudio.com/listener for privacy information.

This is Money Podcast
This is Money Podcast
This is Money
Should you cash in bitcoin profits or wait for the moon?
In case you hadn’t noticed, bitcoin went on bit of a tear recently. And as the price of the leading cryptocurrency soared again, so did the number of stories written about it. Bitcoin is an interesting tale, a welcome diversion in a Covid-bound world, and the circus around cryptocurrency is the gift that keeps on giving for journalists. But the vast majority of those column inches focus on two things: bitcoin’s price and should you invest? A question that’s not so much asked is what should you do if you’ve reaped handsome profits on bitcoin or another cryptocurrency?  Should you cash in those gains or – to combine a couple of crypto phrases - hodl on the basis that it really could go to the moon?  (Where that moon is and when it’s been reached is as yet undefined.) On this week’s podcast, we dive into the story of a This is Money reader and listener who told us about what it’s really been like to hold bitcoin long-term and how although he’s not quite got Lamborghini money, he did buy a Skoda and pay off some of his mortgage. Georgie Frost, Lee Boyce and Simon Lambert also look at the rival cryptocurrencies to bitcoin and Argo Blockchain, the small UK listed company that’s come from nowhere to place among investors top recent share buys. On a more pedestrian note, the team also discuss inflation-beating savings accounts and where they can be found – spoiler alert, don’t get too excited – and property guardians: would you live in an empty building for cheap rent? And finally, there are some new concocted financial terms doing the rounds – how many can Simon and Lee guess correctly?
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The Progressive Property Podcast
The Progressive Property Podcast
Kevin McDonnell
Property News - New Renters Reform Bill
Keep yourself up to date with all things property by joining your host and property expert Kevin. Kevin discusses the new announcement by the government whereby section 21 is being abolished and looks at what should be put in place to help protect landlords going forward. He also takes a look at the best Universities for rental yield and what’s been going on this week in the Progressive Property Community.   KEY TAKEAWAYS Property News: The government has said that the Renters Reform Bill will be in very soon. The government will introduce the controversial bill soon, this is the bill that will abolish section 21 rights for Landlords. Section 21 currently allows landlords to remove tenants for no fault other than wanting to get your house back.   There is lots of research to discuss what can be done to replace section 21. Section 8 doesn’t currently allow for no-fault eviction. There needs to be something to replace section 21 that would make it easier for a landlord to evict a tenant that’s causing damage to the property or who is not paying their rent.   The University Of Southampton is currently the UK’s best buy to let University at present according to the figures. Southampton is a great area to do student HMO’s. Southampton has a current average house price of £226,489 whilst the current average rent sits at £1688 per month. A buy to let in the University postcode has a rental yield of 7.4%.   Other Universities in the top 10 for rental yield were Nottingham, Newcastle, Warwick, Cardiff, Leicester and Kent. Many landlords have seen their rental income come down during the pandemic. Despite the current landscape, demand for student accommodation remains high across the country.   Progressive Community: Real-life property deals as a Progressive Property member has secured their first rent to rent deal during Covid. The member took on a four-bedroom flat on a five-year lease at £1100 PCM. The deal returns £2585 PCM with £1000 PCM profit.   BEST MOMENTS “There needs to be something different that will balance both sides. At the moment it’s very much weighed against the landlord and for the tenant.”   “Many focus on their study plans with an eye on life after the pandemic.”   “They installed a piano above the cooker and the hob!”     SUBSCRIBE TO THE A NEW INVESTMENT SERIES Episode One: How to Perfectly Invest £10,000 | The Best Stocks | Property | Gold & Classic Cars Watch Live On The Progressive Property YouTube Channel Every Monday At 7 PM Tiny.cc/PPTV Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes ABOUT THE HOST Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.    CONTACT METHOD https://www.facebook.com/kevinMcDonnellProperty/ https://kevinmcdonnell.co.uk/     See omnystudio.com/listener for privacy information.
10 min
Cash Chats Money & Personal Finance podcast
Cash Chats Money & Personal Finance podcast
Andy Webb
#162 Your Money, This Week: Glasto cancelled, house prices & TikTok investing influencers
Your Money, This Week is a new regular Friday bonus episode on the podcast that looks at the biggest personal finance and money news stories of the last seven days. I’m joined for this one by Kia Commodore (Pennies To Pounds), and we look at topics including: * What the cancellation of Glastonbury means for live events and refunds * How homeschooled kids can get unlimited data * Good and bad news for first-time buyers * The risks from following TikiTok investing advice Read more on these stories at becleverwithyourcash.com/cashchats162 * Please do leave a review and rating if this saves you money. * ABOUT CASH CHATS Cash Chats is presented by money blogger and broadcaster Andy Webb. In 2020 the podcast was featured as one of the top finance podcasts by publications including Apple, Good Housekeeping, The Sun and the Independent. In 2019 it was awarded Best Money Podcast at the SHOMOS - the UK Money Bloggers community annual awards. On each Cash Chats episode you can hear Andy share ways to get the most from your money. He's often joined for friendly and accessible conversations by a friend from the UK Money Blogger community to cover topics as diverse as freebies and investments. Andy also runs the award-winning website Be Clever With Your Cash, presented Channel 5’s Shop Smart Save Money and founded the community ukmoneybloggers.com. To contact Andy email Andy@Becleverwithyourcash.com ANDY ON SOCIAL Andy's handle is @AndyCleverCash and you can follow him over at: twitter.com/AndyCleverCash instagram.com/andyclevercash GET ANDY'S WEEKLY NEWSLETTER You'll also get a free Quidco bonus for signing up https://becleverwithyourcash.com/newsletter/ MUSIC The music is Easter Island by Lonely Punk and provided on a creative commons licence
27 min
Any Other Business
Any Other Business
Rob Bence and Rob Dix from Property Hub
How we met: The formula for finding the perfect co-founder
Finding a co-founder for your business can be a challenge.    What traits do you look for?    Where do you find this person?    How do you make sure your goals are aligned?   The list goes on.    So today, Rob & Rob are sharing the story of how they first met, and how creating a simple podcast was the catalyst for starting several businesses and one of the biggest communities in the property industry - now known as Property Hub.   You’ll discover the (almost) cringe-worthy story of how they first met, how they navigated through the minefield of learning how to work together and they reveal the perfect recipe for finding the perfect co-founder.     In this episode, you’ll find out: All about Rob & Rob’s awkward first encounter. The businesses they launched, where they are now and the lessons they learned along the way. Why micro commitments are a good place to start. When to put yourself out there (and when not to). The very important question that Rob B forgot to ask... … and much, much more.  Tune in now! Make sure you’ve liked and subscribed to our YouTube channel - and don’t forget to hit the notification bell to be the first to find out when new episodes drop. You can also find out more about us here and here. And if you’d like to follow the journey of our businesses, you can do that here: Instagram: http://instagram.com/propertyhubuk  Twitter: https://twitter.com/propertyhubuk  Facebook: https://www.facebook.com/propertyhubuk/  Linkedin: https://www.linkedin.com/company/propertyhubuk See omnystudio.com/listener for privacy information.
27 min
The Money Podcast
The Money Podcast
Rob Moore
How to invest £500,000 for the Very Best Return (Series)
Mark is joined by fellow co-founder of Progressive Property Rob Moore and together they discuss how you can get the highest returns when investing £500,000. Learn today how £500,000 could allow you to invest in 14 single let properties, why it would be a good idea to invest your money in a freehold block of flats and how you can make huge savings by purchasing your own office blocks.   WATCH ON YOUTUBE How To Perfectly Invest £500,000 |Property | Stock Market | Business SUBSCRIBE TO THE SERIES Watch Live On The Progressive Property YouTube Channel Every Monday At 7 PM Tiny.cc/PPTV Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes   KEY TAKEAWAYS Property: With a £500,000 property investment you can secure 14 single-let properties with a price range of £120,00-£130,00 and putting down a £35,000 deposit. These properties can be running simultaneously with a refurb scheduled every 6-9 months. It is a great strategy to achieve long term capital growth.   Many units on the high street have been battered and valuations have dropped in a big way and many are empty. There is a big opportunity to put a shop in the unit and convert the uppers into flats. There are a lot more of these opportunities to come; we are only at the beginning of this.   With £500,000 you can buy a freehold block of flats. The property may need a refurb and once this is done you are able to rent all the flats out. These are good investments because since you own the freehold it is similar to buying a house, you don’t have all the ground rent. There are really good opportunities since the values have dropped and there are currently plenty of tenants available.   It is a very good idea to buy your own office blocks for your company. By buying your own office building you are making a huge saving every year and the property itself will go up in value every single year.   Stocks and savings: Cars: If you are going to invest in classic cars it is best to start off with something cheap. Buy a low mileage, better quality car and in the end, you will make a better profit. Work your way up and build up your collection. Buy a ‘Classic Car’ insurance policy if your car is garaged which will allow you to keep your insurance costs down. Assets: Holding physical gold is a good investment. Buy the gold physically and put it in a secure vault and allow the asset to mature.   Whilst it is a possibility to buy a company with half a million pounds, you really do need the experience to know if what you are investing in is a viable business. People will usually try and sell you something that works for them and often it will not be worth your money.   BEST MOMENTS “You are going to end up with a great return on investment.” “You’ve really got to know what you’re doing.” “If you have a passion for something you are going to learn how to do it well, if not better than anyone else.” “Your timing of what you buy is really important and sometimes it is wise to wait for the market to come back down.” VALUABLE RESOURCES https://www.youtube.com/user/progressivepropertyhttps://www.progressiveproperty.co.uk/the-progressive-co-founders/ SUBSCRIBE TO THE A NEW INVESTMENT SERIES Episode:How To Perfectly Invest £500,000 |Property | Stock Market | Business Watch Live On The Progressive Property YouTube Channel Every Monday At 7 PM Tiny.cc/PPTV Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes ABOUT THE HOST Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties. ABOUT THE GUEST Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller "Life Leverage" Host of UK's No.1 business podcast "The Disruptive Entrepreneur." "If you don't risk anything, you risk everything." CONTACT METHOD Rob’s official website: https://robmoore.com/ Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979   See omnystudio.com/listener for privacy information.
52 min
Finding Mastery
Finding Mastery
Dr. Michael Gervais
Alexi Pappas on Overcoming Depression and Improving Mental Health
This week’s conversation is with Alexi Pappas, an Olympic runner and an award-winning actor and writer. A Greek-American, Alexi is the Greek national record holder in the 10,000 meters. She graduated magna cum laude from Dartmouth College and also ran for the University of Oregon as a 5th year, leading the team to two NCAA victories. Alexi has been profiled on the cover of the New York Times Sports Page, in Rolling Stone, on NPR's All Things Considered, and was also featured on the cover of Runner's World Magazine's 50th anniversary issu, named as one of the two faces of the "new boom" in running. Her memoir-in-essays, "Bravey," with a foreword by Maya Rudolph was just released – and it’s the reason I wanted to have this conversation. Now more than ever – mental health is at the forefront of what so many of us are dealing with. My hope is that Alexi’s story – one of overcoming depression and seeing a grander version of what her future could look like can help you or a loved one get through any challenges of your own. This is not an easy time... but maybe… this conversation inspires you, that you have more inside you, and reminds you that you’re not alone in this. ----- Please support our partners! We're able to keep growing and creating content for YOU because of their support. We believe in their mission and would appreciate you supporting them in return!! To take advantage of deals from our partners, head to http://www.findingmastery.net/partners where you'll find all discount links and codes mentioned in the podcast.
1 hr 13 min
Podcast Notes Playlist: Latest Episodes
Podcast Notes Playlist: Latest Episodes
Podcast Notes
#493: The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More
Tim Ferriss Show Podcast Notes Key Takeaways * Investments in crypto are extremely risky * Kevin only keeps 5% of his portfolio in it * When it grows excessively, he sells some of it to rebalance his portfolio * Investing is a great playing field to assess the effectiveness of your decision making * You can then transfer what you learn in investing to the rest of your life * “We are all investors; of time, energy capital and you can choose to become better at those things or you can remain blissfully unaware” Tim Ferriss * Rather than time-management, Tim is focusing more on energy management * He found that the most energizing things he does are often in Nature * Specifically when cultivating awareness and appreciation for Nature * You should only choose books that you are sad to see end * If Tim is rushing through a book, he takes it as a sign to drop it * “If you eat an animal but you won’t kill it, you are way disconnected from nature” Kevin Rose Read the full notes @ podcastnotes.org The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More | Brought to you by LinkedIn Sales Navigator, the best version of LinkedIn for sales professionals, FreshBooks small-business accounting software, and Magic Spoon delicious low-carb cereal. More on all three below. Technologist, serial entrepreneur, world-class investor, self-experimenter, and all-around wild and crazy guy Kevin Rose (@KevinRose) rejoins me for another episode of “The Random Show.” In this one we discuss Bitcoin, portfolio rebalancing, energy management versus time management, maximizing our enjoyment of nature, lucid dreaming, couples therapy, healthy Hawaiian venison, and much, much more. Please enjoy! This episode is brought to you by LinkedIn Sales Navigator! LinkedIn Sales Navigator is the best version of LinkedIn for sales professionals. Tap into the power of LinkedIn’s 700 million+ member network. LinkedIn Sales Navigator gives you 20 monthly InMail messages, Lead Recommendations, Unlimited Searches, Actionable Insights and News, and access to free courses on LinkedIn Learning. Target the right prospects and decision-makers, unlocking 15% more pipeline from sourced opportunities, a 17% lift when saving leads on Sales Navigator, and 42% larger deal sizes. Start your 60-day free trial—that’s a two-month free trial!—of LinkedIn Sales Navigator today by going to LinkedIn.com/Navigator * This episode is also brought to you by FreshBooks. I’ve been talking about FreshBooks—an all-in-one invoicing + payments + accounting solution—for years now. Many entrepreneurs, as well as the contractors and freelancers that I work with, use it all the time. FreshBooks makes it super easy to track things like expenses, project time, and client info and then merge it all into great-looking invoices. FreshBooks can save users up to 200 hours a year on accounting and bookkeeping tasks. Right now FreshBooks is offering my listeners a free 30-day trial, and no credit card is required. Go to FreshBooks.com/Tim and enter “Tim Ferriss” in the “How did you hear about us?” section! * This episode is also brought to you by Magic Spoon cereal! Magic Spoon is a brand-new cereal that is low carb, high protein, and zero sugar. It tastes just like your favorite sugary cereal. Each serving has 11g of protein, 3g of net carbs, 0g of sugar, and only 110 calories. It’s also gluten free, grain free, keto friendly, soy free, and GMO free. And it’s delicious! It comes in your favorite, traditional cereal flavors like Cocoa, Frosted, and Blueberry. Magic Spoon cereal has received a lot of attention since launching last year. Time magazine included it in their list of Best Inventions of 2019, and Forbes called it “the future of cereal.” My listeners—that’s you—get free shipping and a 100% happiness guarantee when you visit MagicSpoon.com/Tim and use code TIM. * If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading the reviews! For show notes and past guests, please visit tim.blog/podcast. Sign up for Tim’s email newsletter (“5-Bullet Friday”) at tim.blog/friday. For transcripts of episodes, go to tim.blog/transcripts. Discover Tim’s books: tim.blog/books. Follow Tim: Twitter: twitter.com/tferriss  Instagram: instagram.com/timferriss Facebook: facebook.com/timferriss  YouTube: youtube.com/timferriss Disclaimer: I am not an investment adviser. All opinions are mine (or Kevin's) alone. There are risks involved in placing any investment in securities or in Bitcoin. None of the information presented today is intended to form the basis for any offer or recommendation or have any regard to the investment objectives, financial situation, or needs of any specific person.
2 hr 21 min
Property Magic Podcast
Property Magic Podcast
Simon Zutshi
The Secret To Doubling Your Property Success
In this week's show, Simon shares with you a simple secret, that if implemented correctly, will double the number of property deals you can complete. KEY TAKEAWAYS Always be actively seeking deals - through agents, landlords or vendors. Part of the process is making an offer. If your first offer is accepted, then you've paid too much. You need to follow up - the money is in the follow up. To get the best deals, focus on finding and helping motivated sellers. No doesn't mean no forever. It means no for now. You need to have persistence. By following up in the correct way, you will do more deals.  BEST MOMENTS 'When you apply it, it absolutely works' 'When you make an offer, you want the seller to say no' 'You need to be proactive!' VALUABLE RESOURCES If you would like to learn more about how you can use Purchase Lease Options you can join Simon for some Live online training by registering at www.PLOTraining.com Property Magic: How to Buy Property Using Other People's Time, Money and Experience by Simon Zutshi To find your local pin meeting visit: www.PinMeeting.co.uk and use voucher code PODCAST to attend you first meeting as Simon's guest (instead of paying the normal £20). iphone:  http://bit.ly/pinAPP1 Android https://bit.ly/pinAPP2 Register at Mindset For Property at - www.mindsetforproperty.co.uk   ABOUT THE HOST Simon Zutshi, experienced investor, successful entrepreneur and best-selling author, is widely recognised as one of the top wealth creation strategists in the UK. Having started to invest in property in 1995 and went on to become financially independent by the age of 32. Passionate about sharing his experience, Simon founded the property investor’s network (pin) in 2003 www.pinmeeting.co.uk.    pin has since grown to become the largest property networking organisation in the UK, with monthly meetings in 50 cities, designed specifically to provide a supportive, educational and inspirational environment for people like you to network with and learn from other successful investors. Since 2003, Simon has taught thousands of entrepreneurs and business owners how to successfully invest in a tax-efficient way.  How to create additional streams of income, give them more time to do the things they want to do and build their long-term wealth. Simon’s book “Property Magic” which is now in its sixth edition, became an instant hit when first released in 2008 and remains an Amazon No 1 best-selling property book. Simon launched his latest business, www.CrowdProperty.com, in 2014, which is an FCA Regulated peer to peer lending platform to facilitate loans between private individuals and property professionals. CONTACT METHOD Contact and follow Simon here: Facebook: http://www.facebook.com/OfficialSimonZutshi  LinkedIn: https://www.linkedin.com/in/simonzutshi/ YouTube: https://www.youtube.com/SimonZutshiOfficial Twitter: https://twitter.com/simonzutshi Instagram: https://www.instagram.com/simonzutshi/ See omnystudio.com/listener for privacy information.
12 min
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