Podcast Summary
Property investors remain optimistic about expanding their portfolios: 77% of property investors plan to buy at least one property next year, despite economic uncertainties.
Despite economic uncertainties, property investors remain optimistic about expanding their portfolios. This was highlighted in a recent survey conducted by The Property Hub, which revealed that 77% of respondents plan to buy at least one property next year, regardless of the outcome of Brexit negotiations. This positive outlook was a recurring theme on the Property Podcast, where Rob and Rob interviewed Tom Bloxom, co-founder of Urban Splash, to learn how to build a 100 million pound property development company. The episode was filled with inspiring insights from Tom, and the Hub Extra section offered a resource that could save listeners $10,000. In a world of negativity, it was refreshing to share some positive news in the property sector. So, whether you're a seasoned investor or just starting out, remember that building a successful property portfolio takes long-term vision and resilience.
Revitalizing Urban Spaces: Urban Splash's Journey: Urban Splash, founded 25 years ago, transformed rundown cities like Liverpool and Manchester by investing nearly a billion pounds in over 60 regeneration projects, earning 400 awards for design, architecture, and regeneration.
Urban Splash, founded by Tom Bloxam 25 years ago, started as a small team with a vision to revitalize empty buildings in rundown cities like Liverpool and Manchester. Their first project, Concert Square in Liverpool, transformed an old chemical factory into a vibrant community space with bars, loft apartments, and a gallery. Over the years, Urban Splash grew into a leading property company with over 60 schemes across the UK and nearly a billion pounds invested in regeneration projects. Their approach to urban regeneration has earned them almost 400 awards for design, architecture, and regeneration. Tom's passion and commitment to bringing life back to neglected areas of towns and cities have made a significant impact on the UK's urban landscape.
Transforming run-down apartments into desirable living spaces in Liverpool: Ian and Jonathan's successful property development business began with a small project in Liverpool, where they transformed neglected apartments into desirable living spaces, attracting publicity and momentum, and sparking their ambition for more ambitious projects.
The success of the property development business of Ian and Jonathan, founders of Urban Splash, began with their ambitious first project, Concert Square in Liverpool. They started with a small budget and transformed run-down apartments into desirable living spaces, attracting publicity and momentum. Ian's previous experiences in property and meeting Jonathan, who emphasized the importance of design, fueled their desire for more ambitious projects. Their unique designs and urban living vision set them apart, and they often found sites that were overlooked or underutilized, focusing on regeneration rather than just fulfilling demand. They continue to seek out sites where they can make a difference and create something extraordinary, not just repeating past projects.
Collaborating with stakeholders for successful apartment developments: Team prioritizes consultation with local community and authorities, enhances positive site attributes, and addresses negatives to create thriving communities
The team behind these unique apartment developments prioritizes collaboration and consultation with all stakeholders, including the local community and local authorities, in the design process. They listen to aspirations and concerns, and then recruit talented consultants to create visually appealing and successful developments. The team also focuses on enhancing the positive attributes of each site and addressing any negative aspects. Despite potential objections, the team strives to make everyone feel involved and contribute to the project, resulting in schemes that benefit everyone as much as possible. Through this approach, they've transformed sites that were once considered unworkable into thriving communities.
Urban Splash's Success: Vision, Partnerships, and Marketing: Urban Splash's success comes from a clear vision, effective partnerships, and successful marketing, including being early adopters of social media, despite initial challenges and unfavorable conditions.
The success of Urban Splash, a UK property development company, can be attributed to their strong beliefs, collaboration with partners, and effective marketing. The company's founders have always had a clear vision and pushed for it despite initial challenges, such as trying to create a town square in Liverpool's unfavorable weather. Urban Splash values partnerships and works with various stakeholders to create better schemes. The company's reputation and buzz are due to their high-quality products and successful marketing efforts, which include being early adopters of social media. Despite having completed numerous projects, the team remains focused on the next one, as they believe that each new project presents unique opportunities for growth and innovation.
Revitalizing Neglected Urban Areas: Urban Splash's founder overcame challenges in Manchester, Birmingham, Sheffield, Morkham, Bradford, and Plymouth by immersing himself in local property markets and gaining expertise to create successful projects.
Urban Splash's founder has faced numerous challenges in revitalizing neglected areas in various cities, including Manchester's Northern Quarter, Birmingham's Park Hill, Sheffield, Morkham, Bradford, and Plymouth's disused Docklands. Despite these challenges, he remains proud of the transformations achieved. Reflecting on the past, he admits that missing an opportunity to sell in 2007 during a property boom and the subsequent global financial crisis left Urban Splash in a difficult position. However, they managed to work through it by becoming debt managers for the banks. His advice to aspiring developers is to take action and become an expert in their specific area or district. By immersing themselves in the local property market, they can gain valuable insights and knowledge to overcome obstacles and create successful projects.
The Power of Bravery and Deep Understanding: Deep industry knowledge, bravery, and a clear vision can lead to remarkable success, even in unconventional or challenging circumstances.
Having a deep understanding of the industry and being brave and ambitious in your pursuits can lead to remarkable success, even in unconventional or challenging circumstances. Tom's story highlights the importance of getting involved in every aspect of a project, from the technical details to the overall vision. He also emphasizes the importance of believing in your vision and having the courage to pursue it, even when others may doubt. Additionally, always asking oneself if one would like to live or work in the project being pursued is a valuable guideline for ensuring personal satisfaction and investment in the endeavor. Overall, Tom's journey serves as an inspiring reminder that being brave and deeply engaged can lead to groundbreaking achievements.
Stories of Bravery and Persistence in Property Investment: Education, planning, and determination are crucial for success in property investment. Overcome doubts and skepticism to make significant investments.
Bravery and persistence are key elements in achieving success in property investment. Tom, a successful UK property investor, shares his story of pushing through doubts and skepticism to make significant investments. Listener reviews highlight the impact of Rob and Rob's podcast on their own property investment journeys, with one listener sharing how he overcame fear and made his first investment. This week's hub extra is a YouTube video from Gary Vaynerchuk, where he discusses strategies for saving money and growing businesses, offering valuable insights for property investors. Overall, the episode emphasizes the importance of education, planning, and determination in achieving financial goals.
Access Gary's 4D's mastermind session for free: Business owners and property investors can benefit from Gary's free YouTube video, which usually costs $10,000 to attend, for valuable insights and tactics.
The 4D's mastermind session, which usually costs $10,000 to attend, can be accessed for free through a YouTube video shared by Gary. This video is not only valuable for business owners but also for property investors as the insights and tactics shared can be applied to the property world. While Gary has a unique style that may not be for everyone, the content is reportedly rich with valuable information. Listeners are encouraged to watch the video for free and decide for themselves if it's worth the price tag. The link to the video, along with other episode resources, can be found in the show notes at thepropertyhub.net/Tom1. Join us next week for another episode with Tom and let us know on social media, @PropertyHubUK, what topics you'd like us to cover in future. Don't miss our next discovery webinar, sign up at thepropertyhub.net/discover. Until then, have a great week!
