The Property Podcast

This week, the brilliantly named Rob, asks a question regarding the build to rent scheme, and how this may impact upon the existing PRS. Asking is this a ploy by The Government to eradicate small time BTL Landlords.  Rob D begins by acknowledging that there will definitely be more institutional investment in BTL, and that it is probably healthy for the sector not to be controlled entirely by private BTL Landlords. But thinks there is room for both in the marketplace, due to the demand for different types of products.  Rob B agrees that whilst the balance my shift, it shouldn't do so radically. Rob B goes on to discuss how quality has improved for student accommodation, and how in the long term this could give us a glimpse into the future of the BTL market, and that it could be a good thing if this competition increases the quality of stock available to tenants.   See omnystudio.com/listener for privacy information.

This week we're talking about how to hire for your property team – whether it's a property manager, an assistant, a bookkeeper, or just about any other role you can think of. We've talked about the benefits of hiring many times, so this week we talk through the exact process we use to maximise our chances of finding the perfect candidate. We cover: How to set yourself up for success before hiring begins The different hoops we make applicants jump through (and why) How we organise the process to keep track and minimise our time input The questions to ask in an interview One critical step you mustn't miss out The killer question to ask when taking up references Resources we mention are: Topgrading Who: The A-method for hiring (book) Talent Dynamics Resource of the week This week's resource is a Trello board, which is the template we use when we're executing the hiring process we talk about in this episode. Take it, make whatever modifications you want, and you'll find that it makes it way easier to keep track of where you're up to with all your applications. Get the Trello board here And as an extra bonus resource, Rob B was on the Graduate Jobs podcast talking about how to land a job in property – so if you're seeking a role rather than hiring for one, make sure you check out his words of wisdom. News this week House price growth is hotting up in the north and cooling down in the south, according to The Telegraph. Wow, does that mean we've actually got a prediction right for once? Don't forget to register for a meetup! Next week will be the first Thursday of the month, which means...it's meetup time again! There are over 30 meetups taking place, and they're totally free. All you need to do is find one near you, put your name down, and turn up for an evening of friendly and informative chat with other property obsessives. See the full list and sign up here Join the conversation Do you have any tips from when you've hired for your property team? Which tasks do you wish you could hire someone to take off your hands? We’d love to know, so join the discussion in The Property Hub! If you enjoyed The Property Podcast, please leave a review on iTunes Reviews are really important in helping other people to find the show, so by way of thanks we read out every single review we receive on air. If you’d like to hear your name on the show, leave us a review on iTunes here. Not sure how to leave a review? This video shows you how to review and subscribe on iTunes.See omnystudio.com/listener for privacy information.

In this week's episode, Rob & Rob talk about getting a mortgage when you're not yet a property owner. Rob B says that there are a lot of mortgage lenders out there, but as a non home owner, and not yet a property investor, the pool of products available are actually quite small. Rob B goes on to say that in 6 months time there will be more options. Both Rob and Rob discuss the options available to you and say how important it is to have a good mortgage advisor.See omnystudio.com/listener for privacy information.

This week it's all about the money, as we explore alternative ways to raise funds for your property investments. We explore the pros and cons of using: Credit cards (!) Bridging finance Private finance Joint ventures Second charge loans Each funding source we discuss could be (and most will be) a separate episode in itself – but in this value-packed episode we give you a quick run-through of the different strategies you might want to have in your kit, and how to decide which is the right tool for the job. Resource of the week You've probably rhetorically asked yourself, "where did today go?" – but with Toggl, you can actually look back and check. It's a time-tracking tool (that integrates nicely with Chrome) that makes it easy to monitor the amount of time you spend on different tasks and projects. It involves some manual work and discipline, but the act of being mindful of your time can be beneficial in itself – and Toggl gives you reports that you can dig into to review your biggest time-sucks. Certainly this won't be for everyone – but if you feel like you'd benefit from the insight of knowing how you spend your days, Toggl is a great (and free) way of doing it. News this week As reported in The Telegraph, six commercial property funds have suspended trading – basically meaning that investors aren't allowed to take their money out. We discuss the nature of different types of funds, and what (if anything) this news tells us about the future of commercial property. Join the conversation Which of the financing methods we mentioned have you made use of? Are there any others that we didn't think of? We’d love to know, so join the discussion in The Property Hub! If you enjoyed The Property Podcast, please leave a review on iTunes Reviews are really important in helping other people to find the show, so by way of thanks we read out every single review we receive on air. If you’d like to hear your name on the show, leave us a review on iTunes here. Not sure how to leave a review? This video shows you how to review and subscribe on iTunes.  See omnystudio.com/listener for privacy information.

In this week's episode, Rob & Rob discuss the pros and cons of buying a home or an investment property. Tony has been living overseas and is looking to return to the UK with his young family - he doesn't have enough to buy in the location the family want to live and he wants to know whether to buy an investment property instead. Rob B starts off by addressing the pros of investing in a property, then renting a home to live in. He says that if you're moving to a new area, renting will give you a chance to see if the area is actually right for you. He then goes on to say that you can build your asset base by investing in property, then use your capital to invest back into buying your own home, leading to a double win. Rob D talks about shaking off the mindset of "You have to own your own home", and goes on to cover some of the advantage of owning your own property, such as accessing more mortgage options.See omnystudio.com/listener for privacy information.

Brian from Birmingham and his partner are eager to invest and have saved up to buy their first property, but will need some more capital in order to complete their first flip. Rob & Rob give their tips on gaining finance in this situation and note the things to be aware of as potential pitfalls to gaining finance with no previous investment track record.   See omnystudio.com/listener for privacy information.

So, Brexit happened...now what? That's the question we attempt to answer in this week's episode. What happens next in general, what happens next for the property market in particular...and perhaps more importantly, what general lessons can we take away from the whole thing? We discuss: What's happened during the last couple of weeks since the result What it means for property in London – and the UK market in general What to absolutely not do now as an investor Where there might be opportunities to profit from uncertainty The psychology of investors, and what Brexit can teach us about preparing for future major events Further listening: Our Brexit special from last week Pete Matthew discussing Brexit on the Meaningful Money podcast Resource of the week Thank you to Charles for pointing us towards Office Lens (iTunes store and Android store). It's another document scanning app, but Charles and Rob B agree that the quality is far superior to anything else they've tried – and even works for whiteboards. Rob D noted that Evernote has raised its document scanning game too, and the mobile version ofGoogle Drive is improving all the time. It's meetup day! It's the first Thursday of July, which means meetups – 30 of them in fact, across the UK and beyond! Go to thepropertyhub.net/meetups to find your nearest and book your free place. And if you're in Leeds or Leamington Spa, one of the Robs will see you there! Join the conversation Will you be taking advantage of the post-Brexit uncertainty? How have your plans changed, if at all? We’d love to know, so join the discussion in The Property Hub! If you enjoyed The Property Podcast, please leave a review on iTunes Reviews are really important in helping other people to find the show, so by way of thanks we read out every single review we receive on air. If you’d like to hear your name on the show, leave us a review on iTunes here. Not sure how to leave a review? This video shows you how to review and subscribe on iTunes.  See omnystudio.com/listener for privacy information.

Rob & Rob own multiple property businesses as well as their own portfolios...but what do they actually do every day? That's what we attempt to answer in this episode, as a means of both showing what a full-time career in property looks like and extracting useful lessons for investors at all stages.See omnystudio.com/listener for privacy information.

In this special episode, Rob & Rob give their immediate reactions to what Brexit means for property investors. We'll be returning to the topic again in more detail next week!See omnystudio.com/listener for privacy information.

In this episode, Rob and Rob give pointers on how to establish the value of the house with the current lease, the importance of working with a specialist and also having a process in place to make it an effective strategy for you. Listen in to get Rob D's magic lease number that he recommends as a guideline for lease length.See omnystudio.com/listener for privacy information.