Episode #20: research and strategy in property investment, with Richard Brown

20/01/2014 40 min
Episode #20: research and strategy in property investment, with Richard Brown

Listen "Episode #20: research and strategy in property investment, with Richard Brown"

Episode Synopsis

Richard Brown began dabbling in property during the 90s, when he became an accidental landlord due to relocating for work.
His interest piqued around five years ago, and he began subscribing to as many property forums and newsletters as he could, as well as researching property investment strategies.
Richard is now a successful residential property investor, with a portfolio of properties spread across the country from Cornwall to Scotland. Property investment is his passion and his long term goal is to continue learning and share his knowledge with others.

Listen now

In this interview, you’ll learn:

How Richard’s involvement in property started with him becoming an accidental landlord
How Richard’s investment strategy came from gleaning knowledge and lessons from tried and tested strategies
How Richard’s investment strategy changed over time
Why Richard decided not to restrict himself geographically
His thoughts on income versus capital appreciation
How Richard finds the best deals
What criteria he uses when assessing potential investment properties
His thoughts on the practicalities of investing afar
How he builds and manages his outsourced relationships
How he ascertains local property values
Why Richard values his own time so highly
The importance of getting second opinions and recommendations
Richard’s predictions for property prices over the next 3-5 years
Why he believes that capital, long term growth is more important that short term speculative gains
Why clearly defining your property goals is so important

Episode resources

Richard’s blog at Scoop.it!
Richard’s post Six Weekly Habits of Successful Real Estate Investors where he shares six habits he tries to accomplish weekly to improve his skills as a property investor
Richard’s post The Two Things game where he discusses the idea that every subject, job or theme can essentially be boiled down to two salient points ahead of all others
Follow Richard on Twitter @RichardWJBrown
Sign up for your FREE account at The Property Hub!
Preorder your copy of my new book Beyond the Bricks and download a FREE chapter now!

Subscription links
If you enjoy the podcast, please subscribe on iTunes – every episode will be automatically downloaded for free, so you never miss out!
Or if you’re a geek like me, you can grab the RSS feed here.
Tell me what you think!
If you’ve got any questions or comments on this week’s podcast, get in touch! You can email me, or find me on Twitter.
I’d also really appreciate it if you could review the podcast on iTunes. I’ll read out all 5-star reviews on the show!