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Welcome back to another week and another episode of Ask Rob & Rob. The guys are here to splash the case and dish out some advice. 

First up this week we’ve got Andrew and he’s got £2.5m to spend!

Throughout the pandemic he’s been running a business that’s been racking up cash reserves and he needs to do something with it. 

He thinks property seems the best way to get a return on his money and with financing, could have around £10 million to invest! 

That’s crazy money! 

However he seems to think that with funds of that size, buying a two bedroom apartment up north isn’t really going to be the best use of his time and money. 

So he wants to know how Rob & Rob would invest that amount of money into property. 

Our second caller this week is Ed from Southampton. 

He’s wanting to invest further afield from home and naturally doesn’t want to invest in the wrong location. 

So, he’s asking The Robs which areas in the UK have the biggest void periods and rent arrears so he can avoid looking into these areas. 

Do Rob & Rob hold the answers to Ed’s question?

Tune in to find out.

Do you have a buy to let or property investment related question for Rob & Rob? You could feature on the next episode by giving us a call on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply). 

Or if you prefer, click here to leave a recording via your computer instead.

The next question on Ask Rob & Rob could be yours. 

Have you joined us over on the Property Hub Forum yet? Our online community is friendly, informative, and the members are waiting to welcome you with open arms. So get yourself over and introduce yourself.

See omnystudio.com/listener for privacy information.

This week on Ask Rob & Rob, the guys are answering two very specific questions around strategies.

Our first caller this week is Jonathan who’s got a very interesting strategy that he’s looking for a bit of advice on. 

He’s recently listened to another podcast where they discussed using crowdfunding, or more specifically, angel finance, to acquire the initial cash to invest in property.

If Jonathan was to follow this strategy he would be looking to buy properties below market value in cash, renovate them and then take out the cash that they had loaned to pay back the investors and keep the property for himself. 

This is certainly a new one and has become a popular question recently. Do Rob & Rob think it’s a viable strategy?

The second question comes in from Rashid. He’s recently finished reading Rich Dad Poor Dad.

The author of the book, Robert T. Kiyosaki talks about a certain strategy that he has used to buy real estate in America. 

So now Rashid is wanting to know if The Robs think this same strategy will work in the UK?

And if you missed it, not too long ago Rob & Rob dedicated a whole episode to Rich Dad Poor Dad, which you can listen to here. 

What did they think about this specific strategy?

Tune in to find out.

Do you have a buy to let or property investment related question for Rob & Rob? You could feature on the next episode by giving us a call on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply). 

Or if you prefer, click here to leave a recording via your computer instead.

The next question on Ask Rob & Rob could be yours. 

Have you joined us over on the Property Hub Forum yet? Our online community is friendly, informative, and the members are waiting to welcome you with open arms. So get yourself over and introduce yourself.

See omnystudio.com/listener for privacy information.

Rob & Rob are back again this week to answer two more fantastic property questions from two of our listeners.

This week our first question comes in from Luke in Manchester, who’s been inspired by The Property Podcast to get started in his investment career. 

Luke is in a situation that most people are probably in when trying to start their buy-to-let journey. He’s looking to purchase his first personal home and an investment property at the same time. 

At the minute he’s only going to have enough funds for one mortgage so he’s considering buying a two bedroom apartment (or house) and is looking to rent out the second bedroom. But he has a few questions around this:

• Is there a particular mortgage he’ll need to enable him to do this?
• How much stamp duty will he have to pay?
• Are there any other considerations?
• ...and is this actually a good idea?

Find out what Rob D thinks of this idea and if it’s actually doable. Maybe this could work for you as well. 

Our second caller is Sally who has a question about stamp duty. She’s changing her residential home to a buy-to-let so that she can buy a new house with her partner. 

She’s been given two different sets of figures from her solicitor and mortgage broker in terms of how much stamp duty she’ll pay. One is saying £2,200 and the other £9,250! 

Obviously that’s a huge difference so Sally wants this clearing up. 

So, is Rob B about to put her mind at rest or burst her bubble? 

Tune in to find out!

Do you have a buy to let or property investment related question for Rob & Rob? You could feature on the next episode by giving us a call on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply). 

Or if you prefer, click here to leave a recording via your computer instead.

The next question on Ask Rob & Rob could be yours. 

Have you joined us over on the Property Hub Forum yet? Our online community is friendly, informative, and the members are waiting to welcome you with open arms. So get yourself over and introduce yourself.

See omnystudio.com/listener for privacy information.

This week on Ask Rob & Rob, Yael asked: How do you start? Not an easy one to answer! The answer, however, starts with sorting your finances. Ultimately, you need money to invest in property, and if you don’t have funds, there’s nothing you can do. You don’t need millions, but you will need access to […]

The post ASK41: How do you start? appeared first on The Property Hub.

See omnystudio.com/listener for privacy information.