Episode 76: Unexpected property strategy

12/05/2021 37 min Episodio 76

Listen "Episode 76: Unexpected property strategy"

Episode Synopsis

Simon and Stuart start with a chat about a flat they've seen before and what someone else's strategy might be for it. They also discuss what's involved in self managing a tenant change and some property maintenance - including the actual amount of money and time - plus how it could be improved.
The discussion this week included:
* A previous episode about a block of flats (https://www.thebusinessofproperty.com/66).
* That block of flats (https://auctions.allsop.co.uk/lot-overview/investment-freehold-semidetached-building-in-redhill/r210216-025).
* The flat up for auction (https://mchughandco.com/Auctions/Details.aspx?aid=1142&pid=786c0f41-cc20-4a71-9b78-65e9a4acf55e).
* Different and unexpected property strategies.
* BRRR (https://blog.patma.co.uk/2021/03/property-investment-strategies-revealed-buy-refurbish-refinance-rent/).
* Self managing a change of tenants - what's involved.
* Using PaTMa to help with new tenancy paperwork (https://blog.patma.co.uk/2018/11/feature-focus-new-tenancy-checklist/).
* A long list of maintenance tasks!
* Considering the costs (time and money) of the process - listen for actual numbers.
* Using software to track property expenses (https://www.patma.co.uk/property-manager/).
* Recovering costs of damage from a deposit.
* Increased costs from tradespeople via agents.
* What and how much can you outsource in property? How much should you?
* What a good managing agent will do.
* Valuing your own time.
* Improving (VA) processes and integration.
* Viewber (https://viewber.co.uk/).
If you've enjoyed this podcast, please tell someone else about it.