Listen "Should Your First UK Property Investment Be a Flip?"
Episode Synopsis
#242Our WhatsApp groupProperty Engine discounts (Code: EXPAT)Starter: 30 day trialPro: 30 day trial/3 mths 1/2 price, Ultimate: 1/2 price 3 monthsGoalsettingLeave a review37 Question Due Diligence Checklist / Auction GuideOur Sponsors: Finnigan McNeill Property GroupJustin Wilkins of Property X has a YouTube channel with over 250 videos largely aimed at those making their first moves in UK property.One of them goes by the title of: Best Property Strategy to Start as a Beginner.That strategy is flipping. A flip is when you buy a property, renovate it to increase its value, and then resell it for a profit as quickly as possible.In this episode, I play deveil’s advocate to Justin!We discuss:Why Justin recommends Flipping for New Property InvestorsRisks Associated with Flipping vs. Buy-to-LetThe Value of Hands-On ExperienceDealing with Rising Renovation CostsIncreased Competition in Property AcquisitionThe Importance of Volume in Deal FlowManaging Project Timelines and ProfitabilityFlexibility in Exit StrategiesDistinguishing 'Fast Pounds vs. Slow Pounds'The Need for Balance Between Action and AnalysisKeywordsUK property podcast, UK property investing podcast, Expat property podcast, British property investment podcast, UK real estate podcast, Investing in UK property as an expat, UK property investment strategies, Property flipping UK, Buy to let advice UK, Starting in UK property investment, Beginner UK property investor tips, UK property market trends podcast, Property sourcing UK podcast, Flipping houses in the UK, Buy refurbish refinance UK podcast, UK expat real estate advice, Managing UK property from abroad, Turnkey buy to let UK, Building a property portfolio UK, First time property investor UK, Slow pounds vs fast pounds property, Property renovation costs UK 2024, UK property flips vs buy to let, UK property investing for beginners, Real estate podcast UK expats, Tips for UK overseas property investors, UK property YouTube vs Podcast, Property investment education UK, Property mentoring UK expats, UK property investment cash flow, Property market competition UK, Selling UK property as an expat, Capital growth UK property, Risk management in UK property investing, Should I start with a flip or buy to let in UK?, How do expats invest in UK property?, Is property flipping still profitable UK?, What are the risks of flipping houses UK?, UK property podcasts for beginners, How much capital do I need for UK property investment?, UK property investment in Wales and Liverpool, How long does selling a property take in the UK?
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