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Mark Rocks

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Everything posted by Mark Rocks

  1. Wednesday 7th December - 12.30pm For most investors, understanding where the market is headed is essential to their strategy, and the question “is now the right time to buy” is always looming over their head. With so much going on with inflation, the base rate and so much more, it’s hard to keep up with what’s actually happening and what this means for investors. So, Rob & Rob will be revealing LIVE in this FREE webinar exactly what the state of the market is right now. They’ll tell you exactly how it is, back it up with the numbers, explain how you can interpret them yourself and let you know what you should be doing. Remember this session will be delivered LIVE by Rob & Rob, and there’ll be a handy Q&A where you’ll get a chance to have your burning questions answered. But the value doesn’t stop there. Right after the session we’ll send a tonne of free resources straight to your inbox for you to get stuck into. Book your space here.
  2. Hi there @jshand - and welcome to the forum! What made you think of doing a flip first, is this something that you've had any experience with in the past?
  3. Welcome to the forum @That Yorkie Guy - you're certainly in the right place if you want to set up a mastermind group about property! Do you have any goals in mind for what you'd like to achieve through property investing?
  4. Hi @Moe K Welcome to the forum! Thanks so much for sharing your story with us Out of interest, is there any reason you're drawn to flipping or the BRRR model as your preferred strategy? Have you started having a look around Glasgow at the areas you might want to invest in?
  5. Hi @Billyseath Welcome to the forum! Is Cumbria the area that you want to get started in your property investment journey?
  6. Hi @angiross Welcome to the forum! I'm sure our other members will be really grateful to have a user who's already got 3 BTL properties in their portfolio What kind of information and knowledge are you hoping to get by being on the forum?
  7. Hi @anthonymoye Welcome to the forum! Have you begun looking in Coventry and Rugby for potential properties to purchase? Doing some simple desk research on sites like Rightmove could help give you a clearer idea on what specific areas you might want to zero in on in both areas!
  8. Last week's webinar on the current state of the market was our most attended EVER. That (and the fact news is changing every day) is why Rob & Rob are hosting it again on Thursday night. It's free to attend, so register your space now; https://propertyhub.net/state-property-market/?utm_source=Social&utm_medium=forum
  9. How will rent freezes and eviction bans affect property investors? It’s official, the scary headlines are true… Scotland will be introducing a rent freeze and eviction ban in response to the cost-of-living crisis. But how will this affect property investors, and will the rest of the UK follow suit? Tune in to find out what’s happening and what it means for you: https://propertyhub.net/podcast/scotland-rent-freeze-eviction-ban/
  10. Rob D chats us through the latest legislation changes that could have a BIG impact on holiday lets in our latest YouTube video. Do you have any holiday lets? If so, what do you make of this news?
  11. It’s time for some more listener questions! And getting us started this week is Helen. Helen has three rental properties, each of which are on fixed rate mortgages, which are due to end soon in 2024-2026. Helen’s hoping Rob & Rob can shed some light on what she can do to prepare for her fixed rates coming to an end. Next up, we’ve got a question from Dan. Dan’s sister is currently looking for a property to rent, and he’s had a thought! As he’s looking to get into property investment, should he purchase a property and rent it out to his sister? It seems like a win-win situation as his sister gets a landlord she can trust, and he’d get a reliable tenant from the get-go. Do Rob & Rob think it’s a good idea or is it a disaster waiting to happen? Tune in to find out. Do you have a buy-to-let or property investment related question for Rob & Rob? You could feature on the next episode by giving us a call on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply). Or if you prefer, click here to leave a recording via your computer instead. https://propertyhub.net/podcast/ask349-fixed-rate-mortgage-ending/
  12. Hi @zacm Welcome to the forum! And thanks for sharing your story so far - Rob & Rob actually included Belfast in their 2022 BTL hotspots, so I think you're on the right track with this location. In terms of your questions - would you consider using IKEA to furnish your properties? I think the IKEA in Belfast is pretty huge, and would have far less costs associated with delivery. And as far as locations go, my personal experience with friends living in Belfast suggest to me that you're looking in all the right places for young professionals. Especially the Ormeau Road. A little further afield but Lisburn seems like it's gaining popularity with young professionals who work in the city but want more space in their homes too - would you consider investing there?
  13. Welcome to the forum @probsmark Is there any particular aspect of the property industry that you're interested in following along with?
  14. Hi there @Alpuim Welcome to the forum and CONGRATS on getting through 90 episodes of The Property Podcast already! I would recommend listening to the year in review episodes (so the last one of each year) up until 2019, and then you can start listening in order again - that way you'll have sped yourself up quite a bit WITHOUT missing any big updates from Rob & Rob
  15. Hi @jay_n Welcome to the forum! I can see you've popped your question in the 'general property discussion' forum page, so I'll head over there and respond
  16. Welcome to the forum @starsterling - glad to have you onboard! Is there any particular part of property investment that interests you at the moment?
  17. Hi @georgebutcher As Chris says, the best journey for you will depend on your long-term goals and what you want to get out of your investment. Also do you have the time to put into this investment, or would you rather be hands-off? If you could give us a little more steer on what you ultimately want to get out of property investment, we'll be able to give suggestions
  18. Understandably, most of the novice investors (or people who just know that they want to invest in the future) come to the forum asking for advice on which strategy they should follow. That's why we've created a Property Strategy Quiz, which takes your motivations and goals into account and lets you know which strategy will work best for you. Let us know which answer you get! https://propertyhub.net/strategy-quiz/
  19. According to Rightmove, prices for UK houses have fallen by 1.3% - which is the first time they’ve taken a dip all year. Timing-wise, it’s easy to believe that rising inflation and costs of living have had a knock-on effect on housing prices. But based on past trends, it appears that house prices have taken a hit every Summer for the past decade. So rather than seeing this as a sign of the market beginning to topple, we’d suggest waiting before letting any panic set in.
  20. Hi @mattyjh22 Personally, the route that worked best for me when it comes to being held accountable was finding a family member who had essentially been on a property investment journey similar to the one I wanted for myself. I also made sure to check that this family member (in this instance, it was my uncle) was happy for me to check in with him every month or so to let him know how I was getting on. I think having someone who could give me advice because they'd already experienced a lot of it themselves was very important to me, especially because I felt like I was very uneducated on property investment at the time. Are there any family members or friends who've already built a letting portfolio, something that you'd like emulate?
  21. Hi @Anthony North East Welcome to the forum! I know you say you're completely new to property investment, but do you have any goals that you've figured out for your property investment journey?
  22. It’s that time of the week – Rob & Rob are back answering your questions! And kicking us off this time is Kevin. Kevin is finally ready to purchase his first buy-to-let and he’s keen to get stuck in, but he was a little disheartened when he saw how much tax would be cutting into his profits, so he’s been reconsidering his strategy. As a result of his calculations, he’s had to rejig the scope of where he was looking for property and he’s noticed some super cheap student lets in the North West. He wants to know if student lets are a good route for a beginner like himself or should the alarm bells be going off? Next up, we’ve got a question about profits from Alex down in Somerset. Alex has been listening to the podcast for around a year now, and he’s saved up a pot of profits from his buy-to-let. But before he starts dreaming about all the holidays, he wants to know how Rob & Rob would split their profits? Is there a recommended way to split profit? Or is there a particular amount he should be putting aside to reinvest, pay off capital and for general maintenance? Tune in to find out what advice Rob & Rob have got this week. https://propertyhub.net/podcast/ask346-should-purchase-cheap-student-let/
  23. Hi @MikeGar Property Hub actually has it's own sourcing company (Property Hub Invest), and they could be a good fit for you. They've sourced deals in all the cities you've mentioned in the last year alone, and as well as sourcing the properties themselves, they get exclusive discounts on the properties as well. The first step is booking a strategy meeting with the team, and then you can see if the company is a good fit for you, you can do that here; https://propertyhub.net/invest/
  24. Great news for any Birmingham investors - the city looks set to see a rise in house prices. A property developer has said that property prices in the city could rise by as much as 27% by 2026, and the Commonwealth Games is a big factor in this projection. And it’s a projection based off stats, too. Manchester saw house prices rise 63% in the 5 years leading up to the 2002 Games, and rocketing 140% in the 5 years since. Inward investment is a key fundamental to look for when considering areas to invest in, so it’s possible that Brum could be seeing loads more investors flocking to it. Let the Games begin. https://www.birminghammail.co.uk/news/property/commonwealth-games-could-make-birmingham-24622340
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