The Property Podcast

TPP009: Property Investment Disasters

13 snips
May 16, 2013
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ADVICE

Mitigate Void Periods

  • Research your target area's fundamentals like shops, schools, and transport links.
  • Ensure a realistic rent by mystery shopping letting agents as both tenant and landlord.
ADVICE

Handle Falling Prices

  • Falling property prices are an opportunity to buy more properties cheaply.
  • Don't over-leverage yourself; ensure positive cash flow and reserves for voids and unexpected costs.
ANECDOTE

Negative Equity Example

  • Rob Dicks bought a property at the market peak, resulting in negative equity.
  • Despite this, the property's high cash flow makes it a worthwhile investment.
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