We are flying across the pond for this episode, and speaking with real estate investor and podcast host Rob Smallbone from the United Kingdom.
Rob hosts The Property Nomads Podcast, and covers an interesting mix of real estate, business, and travel topics. He's been in real estate since 2016 and is a wealth of information.
Things sound remarkably similar to why people invest in real estate in England compared to why people invest in the US - to build long-term wealth, achieve financial freedom, and for cash flow.
Right off the bat, we learned a few things:
- In the UK, real estate is more commonly referred to as "property"
- Interest-only mortgages are common in England.
An avid football fan - both "soccer" and "American Football" - Rob follows Liverpool FC and the New York Jets (editor's note - 1 out of 2 isn't bad!)
Believe it or not, hearing Rob peel back the layers of problems with the New York Jets - and how they have made strides to improve those problems during this past offseason - begets how Rob approaches his real estate investing: with logic and understanding the "why" instead of just the "what."
In this episode, we discussed:
- What's happening in UK real estate investing
- The genesis of Rob's idea to invest in real estate
- Why Rob is focusing on purchasing property in the North of England
- Why letting agents are a good investment for remote property management
- How time freedom eliminates many everyday stresses
- Interest-only loans (which are not uncommon in the UK)
- Investing for cash flow vs. investing for appreciation
Where to find Rob online:
Instagram - https://www.instagram.com/thepropertynomadspodcast/
Facebook - https://www.facebook.com/ThePropertyNomadsPodcast
Website - https://tpnpodcast.com/
Buy To Let: How To Get Started - https://amzn.to/3genjle
101 Top Property Tips - https://amzn.to/2NxuAQL
Property FAQ’s - https://amzn.to/3MWfcL4
Join Jason Muth and Attorney / Broker Rory Gill of NextHome Titletown and UrbanVillage Legal in Boston, Massachusetts for another episode of The Real Estate Law Podcast!
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The Real Estate Law Podcast is hosted by Jason Muth and Attorney / Broker Rory Gill.
This podcast and these show notes are not legal advice, but we hope you find both entertaining and informative.
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