This Property Life Podcast Property Wealth System

In this podcast episode, Sarah Blaney and Nick Claydon address questions from coaching clients, focusing on the importance of having a side hustle in addition to building a property portfolio. They emphasise the need for passion, skills, and monetization when choosing a side hustle and delve into the concept of resilience and how it plays a crucial role in overcoming setbacks in property investment

KEY TAKEAWAYS


Building resilience is crucial for success in property investing. It involves overcoming setbacks, staying focused on goals, and surrounding oneself with positive influences.
When feeling stuck or overwhelmed, taking small, consistent actions like viewing properties, networking, and setting clear goals can help regain momentum and motivation.
Setbacks are inevitable in property investing. It's important to reflect on past experiences, identify what worked, and use that knowledge to navigate through challenges.
Connecting with the why behind property investing and having a clear vision of goals can help maintain focus and drive, especially during tough times.
Surrounding oneself with a supportive network of mentors, peers, and like-minded individuals can provide valuable insights, guidance, and encouragement in times of difficulty.

BEST MOMENTS

"You've got to find that fire and the passion for getting out and getting over all these obstacles, because I wish I could say there aren't any when you get more advanced, but you know, they just, the obstacles just get bigger."

"Expect the worst but hope for the best. Yeah, that's probably a good mindset to go in with, you know, expect that things are going to go wrong. But sometimes they don't. That's okay."

"You fall back on the experience of, well, when I felt like this last time, what did I do? And, you know, if it was okay, well, a funding problem, then what I did was I picked up the phone and spoke to XYZ and got more answers and more information which would help me through this."

 VALUABLE RESOURCES

This Property Life - https://podcasts.apple.com/gb/podcast/this-property-life-podcast/id1540075591       

Property Wealth System YouTube - https://www.youtube.com/c/PropertyWealthSystem    

ABOUT THE SHOW

This Property Life is hosted by the team at Property Wealth System. We are a collective of experienced active investors passionate about all things property.

Caroline Claydon has over 22 years experience in investing in property but it’s only the last 12 years she’s operated as a professional investor.  Her and her husband have built their portfolio throughout the UK covering strategies from buy to let’s, social housing, HMOs, developments and more recently a hotel.  She has travelled the world training people for the last 10 years on how to invest, scale and accelerate their UK property businesses regardless of where they are based.   Caroline loves helping people reach their full potential by changing their mindsets to money, debt, property and investing. 

CONTACT METHOD

You can join Caroline and James along with a whole host of other like-minded investors in the Property Wealth System Facebook Community:

https://www.facebook.com/groups/propertywealthcommunity

Caroline Email: caroline@propertywealthsystem.co.uk

Caroline Linkedin: https://www.linkedin.com/in/caroline-claydon-property/

In this podcast episode, Caroline Claydon is joined by Andrea Carrington to discuss various aspects of the property industry during International Women's Month. Andrea shares insights into her property business, including buying properties for herself and sourcing deals for clients. She talks about the challenges and successes she faces in the market, particularly focusing on HMOs and social housing. The conversation also delves into the timeframes for securing deals, the importance of building relationships with builders, and the challenges faced by women in a male-dominated industry

KEY TAKEAWAYS


Consider starting with buy-to-lets before moving into social housing or HMOs to build a strong foundation for your property investment journey.
Embrace a mindset of confidence and assertiveness to navigate through challenges in a male-dominated industry, such as dealing with old-school landlords or patronising builders.
Don't hesitate to leverage the support of others, whether it's finding a safe person to accompany you to meetings or seeking advice and encouragement from experienced investors.
Focus on changing the internal dialogue to boost confidence and overcome self-doubt, remembering that growth comes from stepping out of your comfort zone.

BEST MOMENTS

"I'm getting calls pretty much every day from different charities asking if I've got some stock for them, because there just isn't enough."

"I love the viewings, I love the hustle, I love the networking, I love all of the aspects. Because I just, it's just my thing."

"I think possibly leveraging off someone else time or space or whatever it is that you need. I think that's why yesterday I met that one of our students when she was like, because she's doing it on her own."

"Last week, I can't, you know, I'm not good at raising money. You won't be because you've just told yourself you're not."

 VALUABLE RESOURCES

This Property Life - https://podcasts.apple.com/gb/podcast/this-property-life-podcast/id1540075591       

Property Wealth System YouTube - https://www.youtube.com/c/PropertyWealthSystem    

ABOUT THE SHOW

This Property Life is hosted by the team at Property Wealth System. We are a collective of experienced active investors passionate about all things property.

Caroline Claydon Caroline Claydon has over 22 years experience in investing in property but it’s only the last 12 years she’s operated as a professional investor.  Her and her husband have built their portfolio throughout the UK covering strategies from buy to let’s, social housing, HMOs, developments and more recently a hotel.  She has travelled the world training people for the last 10 years on how to invest, scale and accelerate their UK property businesses regardless of where they are based.   Caroline loves helping people reach their full potential by changing their mindsets to money, debt, property and investing. 

CONTACT METHOD

You can join Caroline and James along with a whole host of other like-minded investors in the Property Wealth System Facebook Community:

https://www.facebook.com/groups/propertywealthcommunity

Caroline Email: caroline@propertywealthsystem.co.uk

Caroline Linkedin: https://www.linkedin.com/in/caroline-claydon-property/

In this podcast episode, Caroline Claydon is joined by property investor Jordan Kynoch, who shares the details of a successful flip he recently completed. Jordan discusses the strategic decisions and challenges he faced while turning around a distressed property in a village between Perth and Dundee

KEY TAKEAWAYS


Jordan's property flip resulted in a profit of over 80,000 pounds, exceeding his target and showcasing the potential for success even in a challenging market.
Jordan's ability to secure off-market deals highlights the importance of networking and leveraging contacts in the industry to find lucrative opportunities.
Listing the property during the Christmas period, typically considered a slow time in the market, proved to be a smart move as it attracted serious buyers and led to a quick sale.
While the primary goal was a flip, Jordan had a secondary exit strategy in place, considering the option of renting the property if needed, showcasing the importance of having backup plans.

BEST MOMENTS

"I was aiming at least doing, trying to get at least 40 grand across from the flips."

"It's a really exciting time and it's hard for people to understand how much opportunities are out there when you read the media, right?"

"I bought it off market again and I've not touched it. I'm putting it back on to sell it straight away because I bought it at such a good price."

"I always like to do something a bit different to the norm, because it means that you've got that extra step ahead and you've got that jumpstart."

 VALUABLE RESOURCES

This Property Life - https://podcasts.apple.com/gb/podcast/this-property-life-podcast/id1540075591       

Property Wealth System YouTube - https://www.youtube.com/c/PropertyWealthSystem    

ABOUT THE SHOW

This Property Life is hosted by the team at Property Wealth System. We are a collective of experienced active investors passionate about all things property.

Caroline Claydon Caroline Claydon has over 22 years experience in investing in property but it’s only the last 12 years she’s operated as a professional investor.  Her and her husband have built their portfolio throughout the UK covering strategies from buy to let’s, social housing, HMOs, developments and more recently a hotel.  She has travelled the world training people for the last 10 years on how to invest, scale and accelerate their UK property businesses regardless of where they are based.   Caroline loves helping people reach their full potential by changing their mindsets to money, debt, property and investing. 

James D’Souza started investing in property from a young age and now owns a significant portfolio of buy-to-let properties, professional HMO’s and commercial developments. Whilst actively growing his own property business, James helps countless other people start and scale their own property journey.

CONTACT METHOD

You can join Caroline and James along with a whole host of other like-minded investors in the Property Wealth System Facebook Community:

https://www.facebook.com/groups/propertywealthcommunity

Caroline Email: caroline@propertywealthsystem.co.uk

Caroline Linkedin: https://www.linkedin.com/in/caroline-claydon-property/

In this podcast episode, James Horgan shares his journey in property investment, from dabbling in different property types to scaling up to larger projects. He discusses his recent ventures, including a hotel conversion and a commercial to residential development.

James emphasises the importance of having a clear vision, taking consistent action, and building resilience in the face of challenges

KEY TAKEAWAYS


Focus on long-term investment: The importance of considering ongoing maintenance and refurbishment costs to maintain property value is emphasised.
Emphasise preparation: Listeners are urged to calculate and prepare for future refurbishment costs to avoid financial surprises.
Practical advice: The episode provides practical suggestions for mitigating refurbishment expenses, offering actionable steps for investors.
Always consider the implications of maintenance in your investment strategies.

BEST MOMENTS

"I think it's just about immersing yourself and taking action. It's not difficult, but it does require discipline, persistence, and resilience."

"It's just a question of having that vision of where you want to be and then taking action towards it. It sounds simple, but I know it's not easy."

"I'm doing this to create my own autonomy in my life. I want to make the most out of those future days, months, years, hopefully with my new family."

"I enjoy it. It's so rewarding. Overcoming these problems and challenges and seeing the results and the people that you work with, the relationships are so real and tangible."

 VALUABLE RESOURCES

This Property Life - https://podcasts.apple.com/gb/podcast/this-property-life-podcast/id1540075591       

Property Wealth System YouTube - https://www.youtube.com/c/PropertyWealthSystem    

ABOUT THE SHOW

This Property Life is hosted by the team at Property Wealth System. We are a collective of experienced active investors passionate about all things property.

Caroline Claydon Caroline Claydon has over 22 years experience in investing in property but it’s only the last 12 years she’s operated as a professional investor.  Her and her husband have built their portfolio throughout the UK covering strategies from buy to let’s, social housing, HMOs, developments and more recently a hotel.  She has travelled the world training people for the last 10 years on how to invest, scale and accelerate their UK property businesses regardless of where they are based.   Caroline loves helping people reach their full potential by changing their mindsets to money, debt, property and investing. 

James D’Souza started investing in property from a young age and now owns a significant portfolio of buy-to-let properties, professional HMO’s and commercial developments. Whilst actively growing his own property business, James helps countless other people start and scale their own property journey.

CONTACT METHOD

You can join Caroline and James along with a whole host of other like-minded investors in the Property Wealth System Facebook Community:

https://www.facebook.com/groups/propertywealthcommunity

Caroline Email: caroline@propertywealthsystem.co.uk

Caroline Linkedin: https://www.linkedin.com/in/caroline-claydon-property/

James Email: james@propertywealthsystem.co.uk

James Linkedin: https://www.linkedin.com/in/james-d-souza-552342104/

 

Sarah Blaney interviews Thomas Landen, the CMO of RoomPrice Genie, a pricing automation system for hotels and short-stay rentals. Thomas discusses the global reach of their company, which is based in Amsterdam but operates remotely with teams all over the world. He explains how RoomPrice Genie helps hotels optimise their prices based on market demand, competition, and internal factors.

Thomas also shares insights on the current state of the hotel industry, the growing trend of dynamic pricing, and the blurring lines between hotels and apartments.

KEY TAKEAWAYS


RoomPrice Genie is a pricing automation system that helps hotels, apartments, and short-stay rentals optimise their prices based on market demand, internal factors, and competition.
The rise of digital nomads and remote workers is a growing trend in the industry, leading to an increased demand for flexible accommodations like apartments.
The line between hotels and apartments is blurring, with new concepts emerging that offer a mix of hotel-like services and apartment-style accommodations.
Technology plays a significant role in the industry, making it easier for operators to manage their properties remotely and provide a seamless guest experience. However, the personal touch and hospitality are still crucial for guest satisfaction.

BEST MOMENTS

“I'm always a little disappointed by the whole tech forward companies."

"We must remember that this is a hospitality industry and being a host is one of the most important things, not necessarily always in person, but the experience that you give."

"And I think there's the frustration of like going to a chatbot and just talking to a robot and not going anywhere is worse than anything you can... Yeah, that's not a place where we should focus on."

"And that is always what makes and breaks his day, in my opinion."

 VALUABLE RESOURCES

This Property Life - https://podcasts.apple.com/gb/podcast/this-property-life-podcast/id1540075591       

Property Wealth System YouTube - https://www.youtube.com/c/PropertyWealthSystem    

ABOUT THE SHOW

This Property Life is hosted by the team at Property Wealth System. We are a collective of experienced active investors passionate about all things property.

Caroline Claydon Caroline Claydon has over 22 years experience in investing in property but it’s only the last 12 years she’s operated as a professional investor.  Her and her husband have built their portfolio throughout the UK covering strategies from buy to let’s, social housing, HMOs, developments and more recently a hotel.  She has travelled the world training people for the last 10 years on how to invest, scale and accelerate their UK property businesses regardless of where they are based.   Caroline loves helping people reach their full potential by changing their mindsets to money, debt, property and investing. 

James D’Souza started investing in property from a young age and now owns a significant portfolio of buy-to-let properties, professional HMO’s and commercial developments. Whilst actively growing his own property business, James helps countless other people start and scale their own property journey.

CONTACT METHOD

You can join Caroline and James along with a whole host of other like-minded investors in the Property Wealth System Facebook Community:

https://www.facebook.com/groups/propertywealthcommunity

Caroline Email: caroline@propertywealthsystem.co.uk

Caroline Linkedin: https://www.linkedin.com/in/caroline-claydon-property/

James Email: james@propertywealthsystem.co.uk

James Linkedin: https://www.linkedin.com/in/james-d-souza-552342104/

Caroline Claydon and Sarah Blaney discuss various questions and topics related to property investment and management, covering issues such as handling auctions, dealing with severe down valuations from lenders, valuing HMOs, regulations in the serviced accommodation market, and window furnishings for rental properties.

Caroline also shares updates on her upcoming co-working space projects and the challenges of securing financing for unique ventures.

KEY TAKEAWAYS


When participating in auctions, it is important to have the necessary deposit money ready for each lot you bid on. If you lose the bid, the money will be redeposited back into your account.
If you experience a severe down valuation from a lender, contesting it may not be successful. It is often more effective to start a new finance process with a different lender that uses a different surveyor.
Valuing an HMO can vary depending on location, lender, and other factors. It is important to consult with other landlords in the area and work closely with your broker to understand the valuation process.
When dealing with a property that has a strong odour, using bicarbonate of soda and vinegar can help remove the smell

BEST MOMENTS

"There are enough deals to be had under normal buying conditions where you don't need to have those deposits sat there."

"I think take a step back and make sure that you're really talking to your broker. Try a couple of different brokers."

"I think people often ask when it's your first one and you don't have a recipe of what you did last time."

"I think it's just being a little bit more flexible, I guess. And that's one thing about being a small operator."

 VALUABLE RESOURCES

This Property Life - https://podcasts.apple.com/gb/podcast/this-property-life-podcast/id1540075591       

Property Wealth System YouTube - https://www.youtube.com/c/PropertyWealthSystem    

ABOUT THE SHOW

This Property Life is hosted by the team at Property Wealth System. We are a collective of experienced active investors passionate about all things property.

Caroline Claydon Caroline Claydon has over 22 years experience in investing in property but it’s only the last 12 years she’s operated as a professional investor.  Her and her husband have built their portfolio throughout the UK covering strategies from buy to let’s, social housing, HMOs, developments and more recently a hotel.  She has travelled the world training people for the last 10 years on how to invest, scale and accelerate their UK property businesses regardless of where they are based.   Caroline loves helping people reach their full potential by changing their mindsets to money, debt, property and investing. 

James D’Souza started investing in property from a young age and now owns a significant portfolio of buy-to-let properties, professional HMO’s and commercial developments. Whilst actively growing his own property business, James helps countless other people start and scale their own property journey.

CONTACT METHOD

You can join Caroline and James along with a whole host of other like-minded investors in the Property Wealth System Facebook Community:

https://www.facebook.com/groups/propertywealthcommunity

Caroline Email: caroline@propertywealthsystem.co.uk

Caroline Linkedin: https://www.linkedin.com/in/caroline-claydon-property/

James Email: james@propertywealthsystem.co.uk

James Linkedin: https://www.linkedin.com/in/james-d-souza-552342104/