Navigating the Property Market: Strategies For Building Your Property Portfolio
Investing in the property market offers a multifaceted opportunity for investors seeking long-term financial growth and stability. Property investment involves purchasing residential, commercial, or industrial real estate to generate rental income and capital appreciation over time. This market provides a tangible and potentially lucrative asset, often regarded as a hedge against inflation. However, it demands careful research, as factors such as location, property condition, tenant turnover, and prevailing market trends play pivotal roles in determining the success of an investment. While property can yield substantial returns, it requires commitment, effective management, and an understanding of the cyclical nature of the property market. As with any investment, risk management is crucial, but with prudent decisions and a strategic approach, investing in the property market can offer both financial rewards and a diversified portfolio.
In the first episode of the new Solid Foundation Podcast, Pauric & Lisa, seasoned property investor's, talk about property investment, the impact of inflation on the property market, and the best strategies you can leverage to build and fortify your portfolio. Lisa sheds light on how you can strategically adapt and navigate the dynamic landscape of real estate and harness its potential to your advantage. Whether you are a seasoned investor or just starting out, this is an episode you can’t miss!
What You Will Learn:
● [00:48] Intro and what’s in for you in today's podcast
● [01:22] A bit about Lisa and how she got into the property investment space
● [04:24] How getting the right information in the market can be a barrier
● [05:48] Shortage of housing and its impact on regulations, interest rates, and lending
● [07:55] Strategies for investing for capital appreciation in different locations
● [10:18] Doubling strategy and when it’s a great strategy for investing
● [12:35] Inflation and its impact on the property investment market
● [16:36] Lisa’s advice on how to mitigate risks when buying a new property
● [19:12] Property over-regulation impact on supply and demand in the market
● [23:23] Investment opportunities and rejuvenation strategy of the Ukrainian vacant properties
● [26:27] The rent-to-rent HMO strategy, how it works, and tenant turnover
● [31:36] The solid foundation for investment: profits and reducing your risks
● [33:20] What The Solid Foundation podcast has in store for you
● [36:38] Investing profitably in properties in a recession and housing crises market
● [40:03] Events coming up and what to look out for
● [41:15] Wrap up and how to reach out and ask your question
Standout Quotes:
● If you want capital appreciation or a quick buck, doubling is a great and profitable strategy.
● When starting out, doubling can be a risky place to start if you are using your own capital.
● When buying a new building, location is key.
● A landlord making a profit is not nice to have; it’s a have-to-have; if a landlord is not making a profit, they simply won’t operate.
● Money is energy, and property moving around is how the economy moves and grows.
Resources Mentioned
Rich Dad Poor Dad:https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194
Stay Connected
Facebook; www.facebook.com/solidfoundadations
Connect with Hosts;
Pauric Hilferty- www.linkedin.com/in/paurichilferty/
Lisa O Reilly - www.linkedin.com/in/lisa-oreilly