This week we’re going to teach you how you can recycle your capital and grow your portfolio at speed.
This might seem like a daunting topic and you might be thinking it’s going to take you at least another two years to build up your deposit pot to be able to buy your next property.
But fear not!
We’ve got mortgage expert Dave Cookson on the show this week who’s going to demonstrate how you can build your portfolio at a pace you probably didn’t think was possible.
Just by listening to Dave you can tell how passionate he is about helping people finance their properties and chances are, some solutions he suggests you might not have thought of yourself.
And believe it or not, Dave reckons that the financing is the easy part, it’s finding the property that’s the hard part!
Here’s what The Robs and Dave are going to cover:
Recycling your cash for deposits Adding value Funding the purchase and cost of the works Finding the right property Anticipating the risks.You’re definitely going to want to grab a notepad and pen for this episode.
In the news this week, London’s first high-end build to rent homes. When you think of a build to rent scheme you’ll often picture a block of apartments that have been designed for that specific reason with dedicated communal facilities. Well not this development. Essentially this development in St Johns Wood is just five houses.
Now don’t get us wrong they’re very nice houses, but do you have a spare £5,500 a week to live in one of them? Oh, and you’ll need your own furniture too as that’s not even included in the price!
In a nutshell, once again headlines are being incredibly misleading and this development is essentially a buy to let scheme, which as we all know has been around for a long time.
This week’s Hub Extra is an audio book that both Robs have thoroughly enjoyed. It’s called The Spy and the Traitor by Ben Macintyreand it’s a story about a spy in the cold war and the effect it had on his own life. So if you like a thrilling, gripping book and one that also educates you in history, then this is definitely a book for you.
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.
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