The Scottish Property Podcast

This week Nick and Steven discuss all the changes that have happened for landlords over the past 3 months of lockdown during Covid-19. From new laws to financial help, we break down 10 things that landlords need to be aware of.Legal:Fair rents billChanges to eviction proceduresChanges to the model PRT lease, special clauses for notice periodsNew council tax student exemptionEPC minimum rating requirement postponedSeparating the necessary tasks from the unnecessaryFinancial:Mortgage holi...

This week Nick and Steven interview Caroline Claydon. This fun, lighthearted interview covers a lot of ground...Caroline opens up to the guys about a failed business in the 2008 recession almost ruins her and her husband financially. After attending a property training course they rapidly grow their BTL portfolio before moving onto HMO's and then onto their latest project a new smart hotel concept. Connect with Caroline to follow her journey as she grows on social media platforms. https://www...

In this episode, Steven talks us through a flip project that he completed in Kingskettle in Fife. Despite being way over budget on the refurb and discovering problems along the way, he still managed to turn a profit and pay back his investors.He talks about:The due diligence and how te deal was foundThe numbers in detailsThe lessons learnedIf you want to see the visuals then please go to our You Tube Channel: Hope you find it useful and we would appreciate it hugely if you could find ti...

This week on the Scottish Property Podcast Nick and Steven are joined Universal Credit expert Bill Irvine. With the recent Covid-19 pandemic and many tenants experiencing financial hardship, there has never been a better time to educate yourself on the subject of UC so that you can work together with your tenant to ensure the rent gets paid. Bill helps dissect the system.We cover:What exactly is Universal Credit and how is the transition from housing benefit goingWhat problems te...

In this weeks episode, we interview full-time investor Gillian Green. It was great to spend some time with Gillian and hear about her investing progress so far. Her and her husband Darren have created Mila Homes We cover a wide range of subjects from :Buy to Let Ayrshire Property Market (Example deals)Money in money out strategy (MIMO)Gillians experience in using her SASS pensionsFinding investors Training CoursesGillian shares her core values and goals for the futu...

This week in the Scottish Property Podcast Steven asks Nick about his 5 step plan for dealing with rent arrears. Whether you are a self-managing landlord or have a portfolio managed by an agent it is important to understand the process of rent arrears which could ultimately lead to eviction proceedings. Find out the circumstances and identify the problem.Provide tenant with information and links to government help so that they can access the relevant support.Keep a record of all c...

In this weeks episode, we sit down with Edinburgh property investor Russell Godfrey. It was great to spend some time with Russell as he is hugely passionate about what he does and he has great attention to detail which showed in his Serviced Apartment we sat down in to do the interview. We covered a wide range of subjects from :Buy to Let Edinburgh Property MarketFlipping propertiesFinding dealsProject management of refurbishmentsYou can find Russell on Facebook or through is ...

In this weeks episode Nick and Steven cover a very common question that is asked when joining the facebook group page; How to fund flip projects. Here is a high level overview of the methods discussed; 1.) Releasing equity from your own home.2.) Bridging finance. 3.) You can in theory use a BTL mortgage then 'change your mind'. But bear in mind this technically mortgage fraud. It is common and people do it but it's not strictly the right way to do it. 4.) Private investmen...

In this weeks episode Nick and Steven discuss joint ventures. Joint ventures are very common in the property industry. But like all relationships they start off new and exciting but can often not work out the way we intended. In this episode the guys discuss what joint ventures are, how they can be structured and they give some top tips on how to have a successful joint venture. Visit thisisproperty.info to learn more about the awakening workshop

Some of us may have a bit more free time on our hands whilst the government advise us to stay at home and save lives. So this week Nick and Steven give you 7 things to do during lockdown which will prepare you for when the crisis ends and put you in a position to thrive in your property business. Although things feel bad at the moment there will be opportunities at the end of this and it is important not to fall into victim mode! Use the time effectively and give yourself a ...