Podcast Summary
Hotel Room Investments: Proceed with Caution: Investing in hotel rooms can be risky, and it's essential to protect deposits and avoid high-risk schemes, even those marketed as low risk or passive.
While it's possible to make significant investments in property, it's crucial to be informed and cautious. This week on The Property Podcast, the hosts shared their investment successes from the past year and warned listeners about potential risks, specifically in hotel room investments. The BBC reported on a devastating situation where hotel investors, many of whom were overseas, had collectively poured over £1,000,000 into a scheme promising guaranteed returns, only to find themselves in a precarious position when those returns didn't materialize. The hosts emphasized the importance of protecting deposits and avoiding high-risk investments, even those marketed as low risk or passive. They advised listeners to be vigilant and ensure their investments are protected. The hosts also reminded listeners of a previous video they had produced on why one should avoid investing in hotel rooms. The podcast's success, with over 8,000 subscribers, underscores the importance of staying informed in the property investment world.
Property Help UK's Investment Focus in UK Cities: Property Help UK has invested over £130 million in UK properties, primarily in Manchester, Liverpool, Leeds, Sheffield, and Nottingham, based on market potential, sharing their experiences to educate their audience.
Property Help UK, through their company Property Hub Invest, has successfully sourced and invested over £130,000,000 worth of property for their clients in the UK this year, focusing primarily on Manchester, Liverpool, Leeds, Sheffield, and Nottingham. These areas were identified as potential investment targets based on market potential, not the other way around. Despite the risks of competitors using this information against them, they are sharing their experiences to help educate their audience. Liverpool was the city where they did the most investing and where their clients showed the most interest due to the significant development happening in the city.
Investment Opportunities in Liverpool and Manchester: Liverpool's development projects and hip Baltic Triangle area offer great investment opportunities, while Manchester's economic growth and vibrant business environment make it a hot spot. Be selective and work with local knowledge to maximize returns.
Liverpool and Manchester are two cities in the UK that offer great investment opportunities, but it's crucial to be selective and work with local knowledge to maximize returns. Liverpool, still not fully discovered by mainstream investors, is undergoing significant development with projects like Liverpool Waters and Liverpool Gardens. The Baltic Triangle, a hip and cool area in Liverpool, is a recommended investment spot due to its tech startup scene, desirability for tenants, and reasonable prices. Manchester, the UK's current hot spot, has seen the second-most deals this year due to its economic growth and vibrant business environment. However, investors must be cautious and careful in choosing specific areas and deals within these cities to ensure success.
Manchester: A Vibrant Place for Luxury Investments: Manchester's population growth, company relocations, and infrastructure development make it an exciting place for long-term luxury property investments. Luxury developments with desirable amenities like cinemas, spas, and tennis courts are expected to remain valuable.
Manchester, despite some negative perceptions, is an exciting and vibrant place for investment, particularly in the luxury sector. With a surge in population growth, company relocations, and infrastructure development, Manchester's potential for long-term capital growth is significant. The city's best areas, similar to London's West End, are expected to remain desirable and valuable in the future, even if yields may not be as high. Manchester is currently the second most active city for property investments for our company, and Nottingham is also on the list of hotspots. The focus on luxury developments, such as cinema rooms, spa facilities, and tennis courts, sets these investments apart and positions them for long-term success.
Investing in Nottingham, Leeds, and Sheffield: Finding the Right Deals: While Nottingham, Leeds, and Sheffield offer great investment opportunities due to their strong employment, universities, transport links, and regeneration, finding suitable deals can be challenging. Be selective and patient.
While Nottingham, Leeds, and Sheffield are promising cities for real estate investment due to their strong employment opportunities, universities, transport links, and regeneration, finding suitable deals can be challenging. In the case of Nottingham, the lack of new developments has led to a high rental demand and a good market for property ownership. However, the city has been tough for deal-making due to the limited supply. Leeds, on the other hand, is already a great city with a thriving financial sector and a strong tech startup scene. Its position as the UK's city with the second-largest financial sector outside of London makes it an attractive investment destination. However, the vast majority of developments in Leeds are going to PRS funds, leaving few opportunities for individual investors. Sheffield, which was also on the list, saw no investments from the speaker's team in 2019 despite its potential. Overall, the key takeaway is that while these cities present excellent investment opportunities, it's essential to be selective and patient in finding the right deals.
Securing Property Deals in Commuter Towns and Cities: Successfully investing in commuter towns and cities requires focusing on strong fundamentals and being open to opportunities, even if not initially targeted areas.
The speaker and his team have been successful in securing several property deals in various cities and commuter towns outside of major urban areas like Manchester, Liverpool, and Birmingham. These areas, such as Sheffield, York, Preston, and the commuter towns surrounding Birmingham, offer strong fundamentals and value for investment. The team's strategy includes targeting regeneration projects, universities, and commuter towns, as well as taking advantage of discounts and bulk sales from national developers. Despite not initially targeting some areas, such as Sheffield and the outskirts of Birmingham, the team was able to make successful deals due to the right opportunities presenting themselves. Overall, the team's approach is to keep an eye on fundamentally strong areas and be open to opportunities, even if they are not initially on the target list.
Excellent transport connectivity leads to investment opportunities in Crewe and Doncaster: Consider Crewe and Doncaster for buy-to-let investments due to their transport connectivity, employment opportunities, and resulting high rental demand.
Crewe and Doncaster are strong investment areas due to their excellent transport connectivity and resulting employment opportunities, leading to high rental demand. These towns may not be as glamorous as some other areas, but their present and future potential make them worth considering for buy-to-let investments. Additionally, there's no single best investment area in the entire UK, and it's essential to look for opportunities instead of focusing on one particular place. The professionals aim for good investments rather than perfect ones and diversify their portfolio by location and stock types. The purpose of sharing this information is to help listeners understand the investment process and make their own informed decisions. Keep an eye out for the professionals' hot spots for 2020, where they plan to invest next.
Thorough research is essential for successful property investing: Investing in property requires extensive research to maximize outcomes and minimize risks. Use tools like Flux for efficient and healthier research, and stay updated on upcoming elections and their potential impacts.
Before diving into property investments, it's crucial to conduct thorough research to ensure the best possible outcomes. The market isn't equal for all, and careful consideration is necessary. As a helpful addition, the use of software like Flux, which adjusts screen color balance to reduce the negative effects of blue light on sleep, can make the research process more efficient and healthier. Furthermore, upcoming elections have significant implications for property investors, and next week's episode will delve into the various manifestos and their potential consequences. Stay tuned for more insights on Property Hub UK's social media channels and YouTube, and join us for Ask Robin Rob on Tuesday. Remember, patience and diligent research are key to successful property investing.
