For more information about our Property Training Business, Property Wealth System, Click HERE: https://propertywealthsystem.co.uk/ev...
For FREE 1 Hour Training, Click HERE: propertywealthsystem.co.uk/webinar-page
For Information about our 3 Day Property Workshop, Click HERE: propertywealthsystem.co.uk/webinarended
The Ugly Side of Property: Common Frustrations Explored
In this candid episode of This Property Life, hosts Caroline and Nick Claydon break from their usual positive tone to vent about the aspects of property investment that frustrate them the most. From fickle lenders and frustrating planning processes to unreliable builders and cautious surveyors, they cover it all. They also take a critical look at the influence of misinformed journalists and misleading property 'gurus' on public perception. Despite the rants, they conclude on an optimistic note, emphasizing the freedom and financial benefits that property investment brings. This episode provides valuable insights for aspiring and seasoned property investors alike.
Key Takeaway Points:
Challenges with lenders: Lenders are often fickle and have ever-changing criteria, making it difficult for property investors.
Builder culture: Building relationships with builders involves navigating a culture that can sometimes be offensive and unprofessional.
Inefficient planning processes: The planning process is often slow and lacks common sense, leading to significant holding costs for investors.
Slow conveyancing: The conveyancing process is outdated and unnecessarily long, adding frustration and delay.
Inaccurate surveyor valuations: Inconsistencies in property valuations can waste time and derail deals.
Misleading property journalism: Journalists often provide inaccurate information about the property market, influencing public opinion negatively.
Social media 'gurus': The presence of inauthentic property 'gurus' can be misleading and detrimental to new investors.
Importance of persistence: Despite these challenges, patience and persistence in the property sector lead to ultimate fulfillment and financial freedom.
Rewards of property investment: Successful property investment offers significant freedom, flexibility, and the ability to design one's financial future.
Follow and Subscribe:
Stay updated with This Property Life Podcast by subscribing on your favourite podcast platform. Follow us on social media for the latest episodes, behind-the-scenes content, and more tips on making the most out of your property investments. Your journey to successful property investing starts with engaging in meaningful conversations and building a robust network.
Instagram: @thispropertylife
TikTok: @thispropertylife
Facebook: This Property Life
Contact Information:
For any inquiries or collaborations, feel free to reach out through our website's contact form at thispropertylife.co.uk/contact. We are always excited to connect with our listeners, answer your questions, and help you succeed in your property investment journey.
Thank you for tuning into this week's episode of This Property Life Podcast. Remember, success in property investment is just a conversation away! Keep talking, keep networking, and keep investing.
Hosted on Acast. See acast.com/privacy for more information.
For more information about our Property Training Business, Property Wealth System, Click HERE: https://propertywealthsystem.co.uk/events
For FREE 1 Hour Training, Click HERE: propertywealthsystem.co.uk/webinar-page
For Information about our 3 Day Property Workshop, Click HERE: propertywealthsystem.co.uk/webinarended
How to Find and Work with Investors to Grow Your Property Business
In this episode of This Property Life, host Caroline Claydon delves into the intricacies of building relationships with investors to expand your property business. Caroline provides listeners with five key elements for finding investors, including the importance of networking, crafting an investor pitch, understanding investor goals, and setting clear terms and conditions. She shares her personal experiences and insights on effectively communicating with potential investors to establish mutually beneficial partnerships. Additionally, Caroline explains the process of creating a compelling private investor proposal document and continuously delivering on promises. This comprehensive guide aims to equip aspiring and seasoned property investors with the knowledge to attract and maintain investment relationships.
Key Takeaway Points:
In this episode of the Property Life podcast, Caroline Clayton from Property Wealth System discusses effective strategies for finding and working with investors to grow your property business. Key topics include:
Follow and Subscribe:
Stay updated with This Property Life Podcast by subscribing on your favourite podcast platform. Follow us on social media for the latest episodes, behind-the-scenes content, and more tips on making the most out of your property investments. Your journey to successful property investing starts with engaging in meaningful conversations and building a robust network.
Instagram: @thispropertylife
Tiktok: @thispropertylife
Facebook: This Property Life
Contact Information:
For any inquiries or collaborations, feel free to reach out through our website's contact form at thispropertylife.co.uk/contact. We are always excited to connect with our listeners, answer your questions, and help you succeed in your property investment journey.
Thank you for tuning into this week's episode of This Property Life Podcast. Remember, success in property investment is just a conversation away! Keep talking, keep networking, and keep investing.
Stay tuned for our next episode where we bring you more insightful discussions and expert advice on property investing. Until then, happy investing!
Hosted on Acast. See acast.com/privacy for more information.
For more information about our Property Training Business, Property Wealth System, Click HERE: https://propertywealthsystem.co.uk/events
For FREE 1 Hour Training, Click HERE: propertywealthsystem.co.uk/webinar-page
For Information about our 3 Day Property Workshop, Click HERE: propertywealthsystem.co.uk/webinarended
In this episode of the Property Wealth podcast, hosts Caroline and Nick Claydon dive deep into the hidden hacks of property investment negotiation. They discuss why vendors may prefer off-market deals and outline the nuances of negotiating with different personality types. From direct-to-vendor approaches to dealing with both residential and commercial property agents, the duo shares practical advice, personal anecdotes, and effective strategies. They emphasise the importance of understanding personality types, building rapport, presenting offers, and navigating negotiations to achieve successful deals. The episode wraps up with insights into the commercial property market, highlighting the differences in agent interactions and negotiation tactics.
Key Takeaway Points:
This podcast episode, hosted by Caroline and Nick Claydon, focuses on various negotiation techniques and hidden hacks crucial for property investors. Key takeaways include:
Benefits of off-market deals: Vendors might prefer selling off-market to investors to avoid hassle and reduce costs.
Importance of understanding personality types: Knowing the personality type of the seller or agent can significantly help in negotiation.
Different types of property agents: Differentiating between residential and commercial property agents and tailoring negotiation strategies for each.
Direct to vendor negotiations: Being sensitive, understanding seller's motivations, and building rapport are key to successful deals.
Strategies for dealing with agents: Building rapport, positioning oneself as a serious buyer, and employing techniques such as odd-number offers or takeaway offers.
Importance of proof of funds: Always back your offers with proof of funds to appear more credible.
Psychological tactics: Using mirroring techniques and framing offers properly to influence the seller or agent.
Persistent follow-up: Keep following up on offers every couple of weeks, especially if the property might come back to the market.
Scarcity mindset: Overcome the scarcity mindset and understand there are always deals available if you know where to look.
Specific strategies for commercial property agents: More open to creative deal structuring and require building strong, professional relationships.
Follow and Subscribe:
Stay updated with This Property Life Podcast by subscribing on your favourite podcast platform. Follow us on social media for the latest episodes, behind-the-scenes content, and more tips on making the most out of your property investments. Your journey to successful property investing starts with engaging in meaningful conversations and building a robust network.
Instagram: @thispropertylife
Tiktok: @thispropertylife
Facebook: This Property Life
Contact Information:
For any inquiries or collaborations, feel free to reach out through our website's contact form at thispropertylife.co.uk/contact. We are always excited to connect with our listeners, answer your questions, and help you succeed in your property investment journey.
Thank you for tuning into this week's episode of This Property Life Podcast. Remember, success in property investment is just a conversation away! Keep talking, keep networking, and keep investing.
Stay tuned for our next episode where we bring you more insightful discussions and expert advice on property investing. Until then, happy investing!
Hosted on Acast. See acast.com/privacy for more information.
In this episode of This Property Life, hosts Nick Claydon and Caroline reflect on their 25-year journey in property investment, sharing candid stories of their biggest mistakes and the invaluable lessons learned. They discuss errors made from inadequate due diligence, poor negotiation skills, and misguided DIY renovations, to challenges in joint ventures and sideline businesses. Highlighting key experiences with a one-bedroom flat in Edinburgh and HMOs in Birmingham, they emphasise the importance of proper education, professional help, sticking to core competencies, and the critical role of mentors. The episode offers valuable advice for avoiding pitfalls, conducting thorough due diligence, and evolving through continuous learning. Nick and Caroline also announce upcoming events and workshops designed to equip investors with the tools and knowledge necessary to thrive in property investment.
Key Takeaway Points:
The podcast offers valuable insights into property investment by sharing common mistakes and lessons learned by experienced investors. Key takeaways include:
Stay updated with This Property Life Podcast by subscribing on your favourite podcast platform. Follow us on social media for the latest episodes, behind-the-scenes content, and more tips on making the most out of your property investments. Your journey to successful property investing starts with engaging in meaningful conversations and building a robust network.
Instagram: @thispropertylife
Tiktok: @thispropertylife
Facebook: This Property Life
Hosted on Acast. See acast.com/privacy for more information.
For more information about our Property Training Business, Property Wealth System, Click HERE: https://propertywealthsystem.co.uk/events
For FREE 1 Hour Training, Click HERE: propertywealthsystem.co.uk/webinar-page For Information about our 3 Day
Property Workshop, Click HERE:
propertywealthsystem.co.uk/webinarended
Navigating Property Investment: End Goals and Evolving Strategies
In this episode of The Property Life podcast, hosts Nick and Caroline delve into their personal journey of property investment, discussing what they term as their 'property end game.' They candidly explore their varied perspectives—Nick considering eventual stepping back from active investment and Caroline seeing it as a lifelong pursuit fuelled by a passion for the process. Despite their differing outlooks, they map out important considerations for property investors, such as the impact of market conditions, the necessity of long-term planning, and the potential to hand off operations to the next generation. They also touch on the importance of setting and revisiting financial goals, differing investment strategies from real estate to diversified funds, and the challenges posed by an evolving market landscape. The conversation is interspersed with personal anecdotes and hints at the underlying dynamics of their business and personal relationship.
Key Takeaways:
- The concept of 'property end game' revolves around determining personal financial goals and achieving a sustainable lifestyle through property investment.
- Differing views on what the 'end game' entails: one speaker desires to eventually sell and live off fund investments, while the other is enthusiastic about continuous property acquisition.
- Maintaining a clear vision and flexible goals is critical as aspirations and financial situations evolve.
- Achieving financial freedom involves establishing a target income and building a diversified portfolio to support that lifestyle.
- The discussion highlights challenges in property investment, including dealing with planning, lending, and legalities, as well as the stress of project management.
- Consideration of family legacy is important, with thoughts on possibly involving the next generation or exploring passive income avenues.
- The book 'Financial Freedom' is referenced, emphasizing the importance of calculating your desired annual income and working towards a significant investment fund.
- The speakers note the necessity of ongoing learning and exploration of new ventures and business opportunities.
- There's mention of potential gender disparity in the property industry and personal observations from events and experiences.
- Pensions may not suffice for a desired retirement lifestyle, hence the need for proactive investment planning.
- Continuous adaptation and reassessment of financial goals are vital, with an emphasis on stepping stone objectives leading to an ultimate end game.
Follow and Subscribe:
Stay updated with This Property Life Podcast by subscribing on your favourite podcast platform. Follow us on social media for the latest episodes, behind-the-scenes content, and more tips on making the most out of your property investments. Your journey to successful property investing starts with engaging in meaningful conversations and building a robust network.
Instagram: @thispropertylife
Tiktok: @thispropertylife
Facebook: This Property Life
Hosted on Acast. See acast.com/privacy for more information.