Podcast Summary
Insights and resources from Rob and Rob's 200th episode: Stay informed, network, and continue learning in property investing through attending meetups, staying updated on industry changes, and listening to expert insights.
Learning from this episode of the property podcast is that, despite being self-indulgent in celebrating their 200th episode, Rob and Rob still provide valuable insights and resources for their listeners. They shared some lessons they've learned throughout their nearly 4-year journey in property investing, and highlighted the importance of attending meetups and staying informed about industry changes. Additionally, Rob announced the return of the Property Geek podcast, which will focus on in-depth interviews and expert insights on various property-related topics. Overall, this episode emphasizes the importance of staying informed, networking, and continuing to learn in the world of property investing.
Government housing plans fall short: Despite repeated promises, the government's housing plans have failed to meet the demand, with only 200,000 homes planned over several years, far from the minimum 250,000 homes needed annually.
Despite multiple government announcements to build new homes to ease the housing shortage, the delivery has been poor, and the promised numbers may not be met. Over the past 200 episodes, similar announcements have been made, but the results have fallen short. The latest plan to build 200,000 homes over several years is a drop in the ocean compared to the minimum 250,000 homes needed every year to address the supply and demand imbalance. However, the intention behind these announcements is commendable, and the podcast continues to celebrate its 200th episode, offering valuable insights and learning opportunities for its listeners.
Learning through teaching enhances your own understanding: Explaining complex concepts to others deepens your own knowledge and clarifies your views, leading to personal growth and expertise.
Teaching others can significantly enhance your own learning and understanding of a subject. Through the process of creating a podcast for the past 200 episodes, the hosts have not only helped others learn about property investment but have also deepened their own knowledge and expertise. By explaining complex concepts to their audience, they've been forced to learn and clarify their own views, leading to a more comprehensive understanding. This method of learning is more effective than just reading or listening passively, and it can be applied in various ways, such as writing about your experiences or guiding newcomers in person. Through teaching, the hosts have discovered new perspectives and even changed their own opinions on certain matters. This unexpected benefit has greatly contributed to their personal growth and expertise in their field.
Meeting amazing property investors: Property investors are normal, hardworking individuals who share knowledge generously, making expensive courses unnecessary
Writing and simplifying complex concepts can help deepen your understanding and allow you to effectively communicate with others. Property investors, contrary to popular belief, are mostly normal, hardworking individuals who take pride in their work and are often generous and kind. The greatest pleasure of hosting a property podcast has been meeting these amazing people. Additionally, most individuals are willing to share their knowledge and experience, making it unnecessary to spend money on expensive property courses for general property knowledge. The property community is full of helpful and generous individuals who are always willing to provide guidance and advice for free.
Learning from experts through non-monetized channels: Seeking expertise from givers leads to genuine, detailed relationships and unexpected benefits in personal and professional growth.
Seeking expertise and knowledge from others through non-monetized channels can lead to more detailed, genuine, and rewarding relationships. While it may require more effort to find these individuals, the knowledge they share often comes from real-world experience and is held back nothing. Furthermore, the concept of "givers gain" suggests that the more you give, the more you receive in return, leading to unexpected benefits in personal and professional growth. Contrary to the fear of giving away knowledge leading to increased competition, the experience of giving freely has led to more opportunities and success.
Accountability is key to success in real estate investing: Having someone to hold you accountable increases your chances of success in real estate investing and other pursuits
Accountability plays a crucial role in achieving success, especially in challenging pursuits like real estate investing. The speakers shared their experience of maintaining a consistent podcast for nearly 4 years, emphasizing that their accountability to each other was the key to their unbroken record. They highlighted that personal determination and willpower are limited, and having someone to hold you accountable significantly increases your chances of success. This principle can be applied to various aspects of life and business, making accountability a valuable and powerful tool for achieving your goals. It doesn't necessarily mean you need a business partner or property partner, but having someone who will genuinely hold you accountable can help you deliver on your plans, even when life gets in the way.
Don't wait to start until you're perfect: Starting before you're ready can lead to growth and learning, despite initial embarrassment or mistakes.
It's important to start before you feel fully ready, whether it's starting a podcast, learning a new skill like property investing, or any other endeavor. You may look back on your earliest work and feel embarrassed, but waiting until you're perfect will prevent you from ever starting. In the case of property investing, it's understandable to want to learn as much as possible before diving in, but the fear of making mistakes can hold you back. The reality is that the worst-case scenarios in property investing are unlikely to occur, and the real learning and growth come from taking action and making mistakes. So, if you're enthusiastic about something, even if you don't know where it will lead, take the first step and commit to the journey. The time to start is now.
Take action and enjoy the journey: Starting something new doesn't require a clear plan, trust the process and enjoy the journey, useful opportunities may arise along the way.
It's often best to take action and do something, even if you don't have a clear idea of where it will lead. The speaker shared his experience of starting a podcast without a specific plan but ended up building a community and a letting agency as a result. He emphasized that it's important to trust the process and enjoy the journey, as useful things are likely to happen along the way. The speaker also recommended listening to some of their favorite past episodes, including one on the 18-year property cycle, which they found exciting and powerful. Overall, the message is to not wait for a perfect plan or mastermind every move, but rather to take action and see where it takes you.
Unexpected enjoyment from new experiences: Starting something new can lead to unexpected growth and enjoyment, as speakers found joy in live performances, entertaining episodes, and lengthy interviews.
Starting something new, like a podcast, can lead to unexpected and enjoyable experiences. The speakers mentioned how they enjoyed performing in front of a live audience in episode 163, even though they never thought they'd be able to do it at the beginning. They also highlighted the entertaining episode about inflation in episode 24, which they thought would be dull but received great feedback. Additionally, they shared the unexpected fun they had during an interview with Noah Kagan in episode 52, which went on for hours and was full of unexpected insights. These experiences demonstrate that starting something new can lead to unexpected growth and enjoyment.
Behind the scenes team effort: The podcast's success is due to the team's collective efforts and listener support, with practical advice and valuable information shared by the hosts.
The success of the podcast is a result of the collective efforts of the team behind the scenes, including Chris, the editor, and Vicky, who have made significant contributions to making the podcast sound great and run smoothly. The hosts, Rob and Rob, express their gratitude to their team, listeners, and everyone who has supported them in various ways. They also plan to catch up on reviews and read them with entertaining background music. Listeners appreciate the practical and pragmatic approach, valuable information, and the opportunity to learn from Rob and Rob's research and knowledge.
Listeners share success stories and express gratitude for the Rob and Rob podcast's impact on their lives: The podcast inspires listeners to invest in properties and provides valuable resources for managing emails effectively
The positive impact the Rob and Rob podcast has had on listeners' lives, particularly in the area of property investment. Rave reviews from listeners, some of whom have already invested in properties using the knowledge gained from the podcast, express their gratitude for the informative and easily digestible content. A listener named Brett even credits the podcast for changing his mindset and planning for the future. Additionally, the hosts thanked a listener named Bjorn for providing valuable resources, and they introduced a new free tool called Top Inbox, which can help manage emails more effectively when used with Gmail. The podcast will return to its usual focus on property investment in the next episode, where they will discuss where to invest in 2017.
Join the community of property enthusiasts with Property Hub magazine: Experiment with Property Hub magazine for £5 per issue, featuring excellent writers and a beautiful design, with a growing subscriber base.
You should consider subscribing to the Property Hub magazine for high-quality content at an affordable price. The magazine, which costs just £5 per issue including delivery, boasts excellent writers and a beautiful design. With 1,000 subscribers already, the magazine is a steal for those interested in property investment. If you're hesitant, the low cost makes it a worthwhile experiment. Don't miss out on the next issue, which promises to be a cracker. Subscribe now and join the community of property enthusiasts. Other than that, thank you for tuning in to this special episode. Stay tuned for Ask Rob and Rob on Tuesday and investment insights on Thursday.