The Inside Property Investing Podcast is a regular interview show, sharing the stories of the most inspiring and successful property investors and entrepreneurs. We discuss their backgrounds, how they got started in property investing, where there business is at now, their future goals and plans to get there, as well as advice for those of us looking to start investing or take our property business to the next level.
40% over budget on our last conversion!
Following on from our last episode looking at all the details of IPI Brewery Phase 1, today's episode is wrapping up the story with a look at phase 2 - converting a derelict building in a conservation area into a ground floor retail space and 2 residential apartments.
What went wrong? Pretty much everything - covid, dodgy builders, internal mistakes... but we'll share every number from the project and let you decide whether or not you think the project was still worth doing.
Register for our next free private investor finance training at www.insidepropertyinvesting.com/showmethemoney
A look into all the details of our IPI Brewery project
Today we're celebrating the completion of one of our largest and favourite projects to date - IPI Brewery.
This one was full of surprises and new challenges, and that's exactly what we're talking about today.
All of the details including sourcing the project, our development costs, end values, revenue and profits, as well as the main lessons we learnt from this commercial to residential conversion.
357: These 7 things are killing your projects
I spend a lot of time thinking about how we can improve efficiency within our business - whether that’s how we run our renovation projects or how we create a piece of content like a podcast. So I’ve been racking my brain to think of things we’ve introduced or are trying to introduce to make sure our projects run as smoothly as possible, and that’s what I’m sharing today.
Instead of giving you a whole bunch of things you need to start doing though, instead I’m focussing on things that you can stop doing. It’s much easier to stop doing something that’s having a negative impact than it is to introduce 7 new habits into your life.
Join the waitlist for Project Management Mastery - https://insidepropertyinvesting.com/pmm
356: This was our worst deal ever!
I'm conscious it's been a while since we released an episode. I'll provide more of an update in an upcoming episode but it's been a little busy for us these past few months. Victoria gave birth to our daughter Clementine in December, and she's been keeping us busy ever since. She's currently having a nap, so I'm on a strict timeline to get this episode recorded, where I'm sharing all the details of our worst deal last year… in fact probably our worst deal ever - specifically looking at what went wrong, and what we'd do differently if we were able to do this project again.
Register for Project Management Mastery - https://insidepropertyinvesting.com/pmm
Where the heck have we been?
Today it's time for an update on the 6 projects we're currently working on. If you're interested in the progress we've made, what's going well, and what's been a struggle on projects like IPI Brewery, our car park new build, and our latest (as-yet-undisclosed) purchase, then this is the episode for you!
You can find out all the details of our Commercial to Residential Open Day here.
If you're interested in investing with us, click here for more information.
And to find out about the marketing role we're hiring for, the job description and application details are here.
354: Is now a good time to invest in the UK property market?
Today we're looking at whether or not now is a good time to invest in property.
You're here with me today because it's a subject that interests you - whether you're actively investing already or just thinking about taking the first steps, you want to grow a portfolio and create some sort of freedom from it, but it's been a crazy 18 months generally with Covid, and specifically in the property market its's been a bit of a wild ride at times, so before we jump into your next deal, we need to understand whether or not now is the right time to make that commitment.
So that's what I'm going to try and help you figure out in this episode.
And don't worry - if you're listening to this at some point in the future, a lot of what we discuss today will still be useful for you, so stick around.
Join us for our upcoming free HMO training -
Really enjoy this podcast, has a great range of episodes from the host talking through different topics, to a range of different interviews discussing different journeys! Would highly recommend the podcast! The hosts have a great Instagram presence also which you can look at for inspiration too
Goal setting episode
Great episode Mike. Sounds like you’ve honed a great process for yourselves.
Great goal setting episode
Throughly recommended the recent episode on goal setting. Thank you for the great content Mike/Victoria