#203

Buying a leasehold property with less than 80 years left on the lease offers savvy investors the opportunity to add value and force the appreciation in a short timeframe.

This allows you to potentially recycle your cash and turbo charge the growth of your portfolio.

Short lease extensions are equally powerful whether you’re trading for a quick profit or holding for cashflow.

And if you can combine lease extensions with other value adding strategies such as BRR (Buy Refurbish, Refinance) and reconfiguring properties to add more bedrooms, then you can make some serious cash.

Jason Patterson, is a seasoned property investor with over 23 years of experience in UK property.

He built his portfolio from a standing start, from money saved from his job stacking shelves in Sainsbury’s in Camden, North London.

In total, Jason worked at Sainsbury’s for 11 years, and as a side hustle, he almost accidentally focused on leasehold properties with short leases, a niche that would later earn him his nickname as the Short Lease King.

During the episode, we discuss:

o Benefits of purchasing properties with short leases

o Explanation of what constitutes a short lease

o Impact on property value and mortgageability

o Sweet Spot for Short Leases

o Discussion on ideal lease lengths for extending

o Combining short lease strategy with mortgageability

o Steps to gather lease extension information

o Importance of contacting freeholders

o Explanation of Section 42/Leasehold Reform

o Impact of potential leasehold reforms on buying strategies

o Handling Vendor Resistance

o Challenges with uncooperative vendors

o Augmenting Short Lease Strategy with Additional Strategies

o Combining this strategy with BRR and reconfiguration

o "Triple Threat" properties

o Criteria and considerations for choosing properties

o Common mistakes new investors make

o Reasons why this strategy may suit expats

o Financial Considerations and Leasehold Reforms

o The effect of Leasehold reform

o Impact of leasehold reforms on profitability

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Hong Kong: Pacific Coffee, 2/F, Central Building, Central (1st Sat of month from 11:30 am)

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Singapore: The Providore VivoCity (1st Sat of month from 10:30 am)

Keywords

property investment, wholesale property, retail property, problem properties, lease extension, Short Lease King, UK property, buy refurbish refinance, refurbish properties, refinancing, property portfolio, property expertise, HMOs, property value, mortgageability, leasehold properties, leasehold reform, capital growth, dilapidated properties, leaseholder, freeholder, section 42 notice, lease extension premium, property strategies, property education, property market, rental property, property investors, leasehold surveyor, UK housing market

#202

A few months ago, after Your Property Network Magazine, more commonly known as YPN, had asked me to write an article about the story of a podcast, they asked me for an audio version to release on an App they were developing for the magazine.

So I thought you might like to hear it too!

The article was featured in the September issue of YPN, and this episode features the audio version as released on the App.

To flesh out the episode, we asked AI for the ten most important lessons from the first 200 episodes of Expat Property Story.

Listen to the episode to find out what they were.


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What's the one thing you’re struggling with in UK property

Where to meet Expat Property Investors (For FREE):

Hong Kong: Pacific Coffee, 2/F, Central Building, Central (1st Sat of month from 11:30 am)

Dubai: Holiday Inn, Science Park (1st Weds of month from 7pm)

Singapore: The Providore VivoCity (1st Sat of month from 10:30 am)

Keywords
Expat Property Story, podcast, expat property investor, UK property, property portfolio, Chinese New Year, Philippines, operations manager, private investor, Hong Kong, property podcast, Rob Dix, Property Podcast, UK properties, overseas investors, mortgages, self employed, currency concerns, non resident factors, tax differences, limited company, property deals, student HMOs, investment patch, pension plan, real estate, narrative podcast, serviced accommodation, auctions, Derbyshire, East Midlands.

#201
UK property is a really powerful tool for growing your wealth. But to do it well, you need to buy at a discount, add value and make sensible use of leverage. One way to do this is through a concept called Buy, Refurbish & Refinance (BRR) And that’s what today’s episode is all about.

When Mortgage Express fell to pieces in the wake of the Financial Crisis, Kevin Wright devised a strategy that came as close to the concept of recycling your cash as legally possible, and that was how BRR came to be

I'd Like Help With Setting My Goals


During the episode, we discuss:

· Historical Context of BRR

· Kevin Wright's development of the BRR concept post-2008 crisis

· Sacrifice as a key trait for portfolio building

· Ready-to-rent vs. BRR

· Forcing appreciation through refurb

· Remote property management challenges

· Buying Phase

· Identifying problem properties and motivated sellers

· Tools for remote property searches

· How to buy at discount

· System Setups for Viewing Properties

· Need for consistent tracking and follow-ups

· Monthly check-ins with estate agents

· CRMs for property tracking

· Collaborating with UK-based partners for reduced mortgage rates

· Importance of boots on the ground

· Refurb Phase

· Common property issues: dilapidation, structural issues

· Reliable tradesmen and project management

· Refinancing Phase

· Expat mortgage restrictions

· Leveraging partnerships with UK residents for better rates

· Variability in lender regulations

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What's the one thing you’re struggling with in UK property

Where to meet Expat Property Investors (For FREE):

Hong Kong: Pacific Coffee, 2/F, Central Building, Central (1st Sat of month from 11:30 am)

Dubai: Holiday Inn, Science Park (1st Weds of month from 7pm)

Singapore: The Providore VivoCity (1st Sat of month from 10:30 am)

Kevin Wright's YouTube Channel


Keywords
Expat Property Story, UK property investment, buy refurbish refinance, property finance, property investment strategy, residential property, real estate investing, Kevin Wright, property podcast, remote property investors, property renovation, property appreciation, property valuation, property market, financial crisis, Mortgage Express, leverage in property, property deal, property sourcing, property purchase process, property refurbishment, refinancing property, property financing options, expat investors, UK property market, property investment tips, property investment mistakes, property development, property portfolio building, property investment advice.

Welcome to the 200th episode of the Expat Property Story podcast, where we've been guiding you on your property investment journey across 150 countries since early 2022.

Today, we have a special guest, Gavin Gallagher, host of the Irish property market podcast "Behind the Facade."

Join us as Gavin shares his compelling story of triumphs and setbacks, drawing from his vast experience during Ireland's Celtic Tiger boom to the crushing 2008 financial crisis.

Gavin has identified four factors that will impact your UK Property Story:

• Economy
• Events
• Ego
• Emotions

o "Four E's": Economy, Events, Ego, and Emotions

o Issues with over-leveraging and pursuit of quick profits

o Importance of discipline, patience, and emotional management

o Psychological aspects of investing

o Risks of Investing in Foreign Markets

o Currency exposure challenges, especially post-Brexit

o Gavin's experiences with property markets in Spain and New York

o Learning from successes and failures

o Overcoming ego and managing emotions in investing

o Importance of understanding market conditions

o Analyzing success and being cautious while investing internationally

o Importance of sustainability and energy performance

o Unintended consequences of policies like "rent pressure zones"

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What's the one thing you’re struggling with in UK property

Details of where to meet Expat Property Investors (For FREE):

Hong Kong: Pacific Coffee, 2/F, Central Building, Central (1st Saturday each month from 11:30 am)

Dubai: Holiday Inn, Science Park (1st Wednesday each month from 7pm)

Singapore: The Providore at VivoCity (1st Saturday each month from 10:30 am)

Keywords
over-leveraging, quick-profit pursuits, financial downturn, investing discipline, patience in investing, personal investment mistake, foreign markets risks, currency exposure, Brexit impact, coaching business, educational initiatives, psychological aspects of investing, instant gratification, international markets, Expat Property Story podcast, podcast growth, UK property factors, economy, external events, ego, emotions, Irish property market, property portfolio, Celtic Tiger period, financial crisis impact, policy impact, rent pressure zones, rental market, sustainability, energy performance, resilient investing.

#199

What challenges do you face building a UK property portfolio?

What excuses do you make as to why your story may have stalled?

Maybe life has got a little too comfortable for you

Maybe you need some inspiration about how much can be achieved with virtually no funds.

And little UK property knowledge.

And hardly any free time.

Dawid Dowbusz arrived in the UK with his girlfriend and just £300.

Fast forward ten years and they have built a portfolio of more than £9 Million, with dozens of properties.

If you can’t get inspiration from their story, you’ll probably find yourself in the same position at the end of this year as you do at the start.

I'd Like Help With Setting My Goals
(Download a Free Comprehensive Cheat Sheet PDF)

During the episode, we discuss:

• Importance of hard work, determination, and resilience in overcoming challenges
• Money saving strategies
• The influence of Robert Kiyosaki's Rich Dad, Poor Dad
• Attending networking meetings to gain knowledge
• (BRRR) strategy
• Issues with unqualified renovators in early projects
• Rapid expansion of property portfolio to 56 properties
• Trust issues with employees leading to financial losses
• The importance of verifying work and hiring certified professionals
• Balancing personal stress with expanding business responsibilities
• Partnerships with wealthy investors for joint ventures
• Expansion into multiple business entities including property sourcing and education
• Impact of increased responsibility and stress on personal and professional life
• Focus on balancing personal well-being with business growth and opportunities

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What's the one thing you’re struggling with in UK property

Details of where to meet Expat Property Investors (For FREE):

Hong Kong: Pacific Coffee, 2/F, Central Building, Central (1st Saturday each month from 11:30 am)

Dubai: Holiday Inn, Science Park (1st Wednesday each month from 7pm)

Singapore: The Providore at VivoCity (1st Saturday each month from 10:30 am)

Keywords
property investment, UK rental market, Houses in Multiple Occupation (HMO), single-let properties, property development, Scunthorpe, Sheffield, financial strategy, subletting, minimum wage jobs, buy-to-let mortgage, property renovation, networking events, expat community, joint venture, property sourcing, project management, letting agency, education company, remortgaging, rental income, certified professionals, contractor trust, Polish expat, UK property portfolio, digital nomads, remote investors, mechanical engineering, property portfolio growth, financial discipline.

#198

Over the last 11 days we’ve given you Books, Podcasts and Bonus clips;

Fundamentals, Strategies and Adjectives;

Places to look for Capital Growth and lots lots more.

We’ve given you content to get you thinking about your property story.

There’s enough information in these last eleven episodes to get your story started.

But at a certain point, it’s time to take action.

Here are seven actions for you to take to get your UK Property Story Started:

1. Goals: Start with clearly defined goals to guide your property investment strategy and decisions.
2. Education: Educate yourself using accessible resources like books, podcasts, and online communities before investing heavily in courses.
3. Strategy: Choose a strategy that aligns with your personal goals and circumstances, while considering the best approach for your needs.
4. Team: Build a reliable network or team of professionals, including agents, brokers, solicitors, and others, to support your investment journey.
5. Get Tax Advice: Plan and reassess your tax strategy continuously to ensure compliance and maximize returns, relevant to your evolving circumstances.
6. Due Diligence: Conduct thorough due diligence on potential property partners to avoid pitfalls and ensure successful collaborations.
7. Take Action: Emphasize taking actionable steps and maintaining momentum in your property investment journey.

Our investor list is full right now, but we'll be doing more projects in the year ahead.

Schedule a callto see if we're a good fit for each other.

I'd Like Help With Setting My Goals
(Download a Free Comprehensive Cheat Sheet PDF)

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Join our Mailing List to join our WhatsApp group AND access our 37 Question Due Diligence Checklist AND our 23 Step Guide to Buying Property at Auction AND our Monthly Newsletter
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What's the one thing you’re struggling with in UK property

Details of where to meet Expat Property Investors (For FREE):

Hong Kong: Pacific Coffee, 2/F, Central Building, Central (1st Saturday each month from 11:30 am)

Dubai: Holiday Inn, Science Park (1st Wednesday each month from 7pm)

Singapore: The Providore at VivoCity (1st Saturday each month from 10:30 am)

Keywords
Expat Property Story, UK property goals, property investment, New Year's resolutions, determination, consistency, persistence, goal setting, property education, courses, money making machine, property strategies, HMO, commercial multiple occupancy, serviced accommodation, team building, letting agent, mortgage broker, UK expat, property tax, tax planning, due diligence, property partners, property portfolio, taking action, podcast subscription, investor list, financial health, property networking, property forums

#197

In this the penultimate show in our Daily Sevens Season celebrating the 12 days Of Xmas, we're highlighting 7 locations with great fundamentals.

Everybody’s looking for the next great place to invest.

The new Manchester, the new Liverpool, the new place with great fundamentals that will take you to property nirvana.

And while it’s possible to pick a winner with long odds, there’s a good argument for picking an option that is more guaranteed and finding a way to add value to that option.

Yesterday, we ran through 7 Factors to Follow for Capital Growth.

In today’s show we’ve taken these principles and picked and ranked seven locations with great fundamentals.

The first 6 are below. For the 7th, you'll have to listen to the end of the show!

• York
• : Offers consistent demand due to a large student presence and tourism sector despite high property prices.
• Ipswich
• : Attracts investors with affordable properties and strong rental demand, leveraging proximity to ports and good transport links.
• Coventry
• : A young and sizable student population and diverse employment sectors contribute to its growth potential.
• Leicester
• : Known for its diverse population and industrial heritage, it offers solid fundamentals and potential for property investors.
• Cambridge
• : Boasts high property prices but benefits from a strong population growth driven by a knowledge-based economy.
• Glasgow
• : Offers a robust economy and affordable entry point with strong fundamentals in population growth and employment sectors.

Population Statistics from City Population

Our investor list is full right now, but we'll be doing more projects in the year ahead.

Schedule a call to see if we're a good fit for each other.

I'd Like Help With Setting My Goals
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What's the one thing you’re struggling with in UK property

Details of where to meet Expat Property Investors (For FREE):

Hong Kong: Pacific Coffee, 2/F, Central Building, Central (1st Saturday each month from 11:30 am)

Dubai: Holiday Inn, Science Park (1st Wednesday each month from 7pm)

Singapore: The Providore at VivoCity (1st Saturday each month from 10:30 am)

Keywords
Grand National, horse race, UK property favorites, capital growth, population growth, infrastructure investment, job creation, changes in legislation, demographic shifts, supply and demand imbalance, barriers to entry, housing demand, housing services, property values, property investment, property Nirvana, York, Ipswich, Coventry, Leicester, Cambridge, Glasgow, Bristol, property prices, short term rentals, rental market, university, transportation links, economic development, article 4 directives.

#196

Day 10 out of 12 in our Daily Sevens Season: Evergreen content released every day to keep Christmas boredom away!

In yesterday’s show, we presented seven ways to add value to a property if you’re looking to speed up your property story.

But maybe you love your job?

In which case, your goals will be different from those looking to add value quickly.

Perhaps you’re putting your money on capital growth rather than cashflow?

But how do you make sure you choose an area that will deliver the capital appreciation you’ve identified as your goal?

Today we’re looking at ways to tilt the odds in your favour with seven ingredients for the Capital Growth Cake.

Here are the 7 ingredients:

• Population Growth
• : Increased population drives demand for housing, boosting capital growth.
• Infrastructure Investment
• : Development projects improve local economies and property values.
• Job Creation
• : Strong employment prospects enhance capital appreciation in the area.
• Changes in Legislation
• : Policy shifts can influence housing markets and property values.
• Demographic Shifts
• : Changes in population age or composition affect property demand.
• Imbalance Between Supply and Demand
• : High demand with limited supply raises property values.
• Natural Barriers to Entry
• : Challenges for new investors limit competition and protect value.

Population Growth

Our investor list is full right now, but we'll be doing more projects in the year ahead.

Schedule a callto see if we're a good fit for each other.

I'd Like Help With Setting My Goals
(Download a Free Comprehensive Cheat Sheet PDF)

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Join our Mailing List to join our WhatsApp group AND access our 37 Question Due Diligence Checklist AND our 23 Step Guide to Buying Property at Auction AND our Monthly Newsletter
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What's the one thing you’re struggling with in UK property

Details of where to meet Expat Property Investors (For FREE):

Hong Kong: Pacific Coffee, 2/F, Central Building, Central (1st Saturday each month from 11:30 am)

Dubai: Holiday Inn, Science Park (1st Wednesday each month from 7pm)

Singapore: The Providore at VivoCity (1st Saturday each month from 10:30 am)

Keywords
property investment, capital growth, population growth, infrastructure investment, job creation, changes in legislation, demographic shifts, supply and demand, natural barriers to entry, UK property, real estate, property values, housing market, property portfolio, economic factors, rental growth, equity, refinancing, property appreciation, property strategy, market trends, property podcast, real estate podcast, property story, investment tips, property growth tips, UK housing market, planning regulations, capital appreciation, property market analysis