Podcast Summary
Rob and Rob discuss their go-to resources for researching potential property investments and share insights on the latest house price data from Halifax: Explore extensive resources for property research, understand location fundamentals, and look beyond popular assumptions for investment opportunities. House price growth is regional, with the southeast experiencing a decline. Tune in to Rob and Rob's column in The Sunday Times for expert advice.
Rob and Rob from the Property Podcast shared their go-to resources for researching potential property investments, revealing their extensive experience in the industry having completed over £100,000,000 worth of transactions last year. They also discussed the latest house price data from Halifax, which reported a significant increase in average UK house prices by 1.3% in January, representing an annual growth of 2.5%. However, this growth is mainly driven by regional differences, with prices in the southeast falling faster than elsewhere. They emphasized the importance of understanding location fundamentals and looking beyond popular assumptions. While they provide insights on potential hotspots, they encourage listeners to explore additional locations for investment opportunities. Remember to tune in to their column in The Sunday Times for answering reader's questions.
Assessing Employment and Transport Links for Real Estate Investments: Strong employment markets and good transport links lead to higher demand for housing and investment opportunities. Search for job listings and research major employers for employment analysis, while transport links impact growth and attract more residents and businesses, driving up property prices.
When evaluating potential real estate investment areas, it's crucial to consider both employment and transport links. Employment is essential as areas with strong job markets and good employment levels typically lead to higher demand for housing and property investment opportunities. To assess employment fundamentals, search for job listings within a reasonable radius on LinkedIn or research major employers in the area using search engines. Transport links are equally important as they significantly impact the growth and development of an area. A well-connected area with easy access to roads, rail, bus, and airports can attract more residents and businesses, driving up property prices. The ripple effect of urban growth also spreads unevenly, and transport links play a significant role in determining which areas benefit most. By conducting a simple analysis of employment and transport links, investors can gain a competitive edge and make more informed decisions.
Check transport links beyond property websites: When house hunting, don't rely solely on property websites for transport information. Use websites like thetrainline.com, Commutebaps.co.uk, Bus Times Dot Org, and Google to assess train, bus, tram, and airport access.
When searching for a new place to live, considering good transport links is essential. While Rightmove can show you the nearest stations, it's crucial to check the train schedules using websites like thetrainline.com to ensure there are frequent trains to major employment centers. For commuters, Commutebaps.co.uk is an excellent resource, especially for those not yet decided on an area but want strong transport links to major cities. Bus Times Dot Org is another helpful website to assess local bus services' regularity. In city centers with tram networks, checking their proximity and frequency is also essential. Airports are another factor, but it's not just about proximity – consider the number of flights in and out regularly. A simple Google search can tell you how close you are to an airport, but remember that not all airports are equal in terms of flight frequency.
Considering location's accessibility and education system: Investigate accessibility through transport links and safety, and examine education systems for families and economic benefits.
When looking for a property investment opportunity, it's crucial to consider the location's accessibility and education system. The busier a location is, the better it is for the local economy. However, it's essential to examine the micro-location, such as the proximity and safety of transport links. Google Street View and personal visits can provide valuable insights. Education is another essential factor, particularly for families with children. Schools and universities significantly impact demand and future regeneration. Websites like the Good Schools Guide and local message boards can provide in-depth information about schools and parents' opinions. Universities, in turn, contribute positively to the local economy. By thoroughly researching these factors, investors can make informed decisions and maximize the potential of their investment.
Utilize various research tools for property investment: Thoroughly research potential investment areas using tools like Google, Chat GT, Streetcheck, Google Maps, and identify regeneration projects for long-term growth potential.
Thorough research is key when it comes to investing in property. Google and Chat GT are useful tools for initial research on universities and areas. However, to take it a step further, websites like streetcheck.co.uk provide valuable information on amenities, social grades, health data, employment data, broadband speeds, and crime data. Using Google Maps to check for nearby amenities and comparing areas can also help build a picture of potential investment locations. Additionally, looking for areas undergoing regeneration projects can ensure long-term growth potential. By utilizing these research methods, investors can filter out potential deals more efficiently and make informed decisions.
Combining online research and local expertise for informed property investment decisions: Utilize both online resources and local knowledge to make informed property investments. Identify major regeneration projects and their impact, and consider unique demographic and event factors.
Combining both fundamental analysis and local insights can lead to informed investment decisions in the property market. While researching online through regional websites and local press can provide valuable information, it's essential to supplement that with firsthand knowledge from local experts, such as estate agents and residents. Major regeneration projects can significantly impact investments, so identifying these opportunities is crucial. Remember, not all regeneration is equal – major regeneration projects will make a much bigger difference to your investments. Additionally, utilizing social media and local press can offer unique vibes and insights into the demographic and event landscape of a potential investment location. Overall, a well-rounded approach to property investment research includes both quantitative data and qualitative insights.
Researching new investment locations: Effective research tools and resources can help reduce risk and maximize rewards when investing in properties outside of well-known cities.
Investing in properties outside of well-known cities like London can seem daunting at first, but with the right research and tools, the risk can be significantly reduced, and valuable insights can be gained. The process of researching a new investment location may take some time, but the potential rewards are substantial. Tools such as Google Maps, local council websites, and real estate agents can provide valuable information, from transportation links to popular areas. While some research may not be necessary for investments in city centers, those in commuter towns or less-known areas may require more effort. However, the time spent researching is worth it, as a well-informed investment decision can lead to significant financial gains. Additionally, there are resources available to help save money on holidays, such as travel apps and package deals, to help make your hard-earned investment dollars go further. Overall, investing in property requires careful consideration and research, but the rewards can be substantial.
Maximize savings on hotel bookings with rewards programs and apps: Booking through Hotels.com or Booking.com can save travelers money with rewards programs and app discounts. Subscribe to their YouTube channel for valuable insights.
Using hotel booking websites like Hotels.com and Booking.com can lead to significant savings on accommodations for travelers. Both platforms offer rewards programs: Hotels.com offers a free night after 10 paid nights, while Booking.com grants a "Genius Level 2" status after five stays within two years, providing discounts, free breakfast, and room upgrades. Additionally, booking through the apps can result in extra discounts. These websites do not pay for these endorsements. To maximize savings, consider reserving multiple options with flexible cancellation terms and choosing the best deal before check-in. Subscribing to their YouTube channel and sharing the property podcast is a small price to pay for valuable insights on property and travel.
Ask for audience support in growing the podcast: Share the podcast with others to help it grow, no financial commitment required, new YouTube videos weekly
The hosts of this podcast are asking for your support in growing their audience by sharing their content with others. They don't require any financial commitment from you, just the spread of the word. If you find their episodes helpful or informative, they ask that you subscribe to their YouTube channel and recommend their podcast to your colleagues or friends who might be interested in investing in property. In return, they promise to continue producing weekly episodes and answering questions in the Sunday Times. Additionally, they have a YouTube channel with new videos every week for those who want more property knowledge. So, if you've gained something valuable from their content, they kindly ask for your help in sharing it with others.
