The Scottish Property Podcast

In this episode Nick & Steven deep dive into the world of portfolio purchases. The numbers and due diligence process. The pro’s and con’s. How to find them and the motivation for landlords to sell. The difference in ADS between single unit and portfolio purchasesLandlords motivations for sellingHow to find portfolios for saleThe pro’s and con’s of buying portfoliosWhat is classed as a portfolio The effect on market value discount of purchasing portfoliosWhat lenders require befo...

In this episode Nick and Steven chat with Noreen Preston about her property portfolio and how she has created a modern multi use business centre from an old building purchased by her Father in the 90's. How Noreen started in property Living in a property while doing the refurb Reasons behind building a portfolioHer criteria for buy to let properties since 2018Focusing on commercial business recently Portfolio diversification The ethics and public perception of being ...

In this episode, Steven and Nick welcome Mark Shanta back to chat about the latest developments from July in the property market. Check out the video on youtube!We talk about the following:Latest figures from consumer price index inflation rateInflation slowed to 7.9% from 8.7% last month Highest mortgage rates in yearPotential Mortgage rates being reduced soonWe are still 5.9% off the inflation target Other countries are sitting at 3% due to earlier rate rises Annual house pri...

In this episode Nick and Steven chat with Connor McGuinness and Barry Wilson from Kraken Property Group. They share how they found an abandoned rotting property owned by a hoarder in the Sun newspaper and how they managed to secure the deal using the assisted sale strategy.Meeting at a property education event The opportunities created from paying it forward Making 45k off one deal and 35k from another Starting using your own money to learn what you are doingFinding a deal thro...

In this episode Nick and Steven chat about whether buy to let is still a viable strategy in 2023. Is it a dead strategy or is it all a matter of opinion, spin and fear mongering?What are the main concerns with buy to lets at the momentADS going up to 6% recently Rent caps and eviction bans The interest rates keep rocketing upProperty is still the best way to store wealthThe difference with property and other asset classes The importance of not over-leveraging going forward&nbsp...

This week Nick and Steven chat to Barry Gray of BLG investments about how he bought 17 properties in 17 months starting out with a 6 property portfolio purchase in Montrose. Barry shares the risks taken and the issues faced along the way. Almost going broke and keeping the train on the tracks.Starting out working for Pharmaceutical companies Building up a pot of cash working throughout CovidHaving nearly £100,000 to begin in property with Beating analysis paralysis and “not the righ...

In this weeks episode, Nick and Steven chat to Davy Hutton about the latest in the economy and property market for the month of June. The announcement that inflation isn’t going anywhereHow high will UK interest rates goThe effects on the economy and property industry from BrexitHas the latest data spooked the market?Is there a mortgage ticking time bomb on the horizon?Finance and PCP type methods of payment adding to the issues?House prices and the annual price change Is it more li...

In this weeks episode Steven and Nick chat with Steven Easton of Easton Group about owning 300 residential properties & 100 commercial properties within the family business whilst also running a green energy efficiency company. He provides some great business insights along with advice on achieving EPC ratings. 400 properties split between residential and commercial Energy efficiency solutions How his father became an accidental landlordBuying a £1.5 million property at auc...

In this episode Nick & Steven have a chat with the lads from Brightstone property, Andrew Harkins & Chris Brown. they go into the details of their buy to let portfolio, flip projects and why they have decided to pivot into the world of commercial property.Complimentary skill sets and roles in businessStarting on a large flip in BlantyreUsing family for trades vs using outside contractors Disagreements and weaknesses in partnershipsNumbers on the first flipConducting business thro...

In this episode Nick chats to Steven about the process and numbers of his latest and greatest project to date. He shares details on the acquisition of the building, the refurb and the fact that this one building will generate over £61,000 a year in profit!HMO availability and demand in Scotland How the property was sourced & due diligenceHow the project was funded and cost planningFiguring out the exit strategyThe use of bridging lending Recruitment company issues Rubbish a...