#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.


I'd Like Help With Setting My Goals

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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

Leave an honest review of Expat Property Story
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 Newsletter
Follow Us on Instagram
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"

Leave an honest review of Expat Property Story
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
Follow Us on Instagram
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.