Listen "Episode #26: A “straightforward†approach, with Damien Fogg"
Episode Synopsis
Damien Fogg grew up around property, and knew he wanted to do it as a full-time career – so he set himself the 4-year goal of getting all the training and experience he needed to make a success of it. With his goal now achieved, he’s planning to step things up by doing at least 5 deals in 2014 – and as of the end of February, he’s already 3/5 of the way there.
Listen now
In this interview, you’ll learn:
How Damien’s training as a chartered surveyor and lettings manager has helped him
Why his strategy is simple, straightforward, old school…but certainly not boring
The varying strategies he’s used to acquire properties this year alone
The return that Damien looks for from each property…
…and what he considers in addition to the numbers
Why Damien doesn’t mind whether he lets to LHA or professional tenants
The reasons why there’s no such thing as “BMV”
The advantages with buying in cash
Why Damien doesn’t use a mortgage broker
The argument for repaying capital rather than taking out interest-only mortgages
Episode resources
Damien’s letting agency, Let Net
Find out more about Damien’s new mentoring service
Damien’s profile at The Property Hub
Order your copy of my new book Beyond the Bricks 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!
Listen now
In this interview, you’ll learn:
How Damien’s training as a chartered surveyor and lettings manager has helped him
Why his strategy is simple, straightforward, old school…but certainly not boring
The varying strategies he’s used to acquire properties this year alone
The return that Damien looks for from each property…
…and what he considers in addition to the numbers
Why Damien doesn’t mind whether he lets to LHA or professional tenants
The reasons why there’s no such thing as “BMV”
The advantages with buying in cash
Why Damien doesn’t use a mortgage broker
The argument for repaying capital rather than taking out interest-only mortgages
Episode resources
Damien’s letting agency, Let Net
Find out more about Damien’s new mentoring service
Damien’s profile at The Property Hub
Order your copy of my new book Beyond the Bricks 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!