The Savvy Wallet Podcast

EP. 125 - Property Expert: London Property Market is Broken! First-Time Buyers Can’t Buy Property Unless..! ft. TJ Atkinson


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Joining us in the booth this week is TJ Atkinson a Property Investor and Property/Finance Coach.


In this episode we discuss: 

- The importance of understanding why you're pursuing wealth

- How his drive to become a millionaire started from school

- How he started his rent to rent business & why it shut down

- How he and his friends bought 30+ properties

- The London Property market being broken

- Why Landlords aren't the villains

- The power of leverage to build wealth

- Why buy to let isn't a great property strategy for Gen-Z and Millennials 

- Why you shouldn't sacrifice your youth for a small profit

- A good property strategy for Gen-Z and Millennials and much more!


Connect with TJ on Instagram - https://www.instagram.com/tjalife


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  • Check out: https://www.youtube.com/savvywallet for the video version


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    TIMESTAMPS

    00:00 - Preview

    01:19 - Intro

    01:54 - Meet Property Investor, Property & Finance Coach Tj Atkinson

    04:21 - I went to 6/7 different schools…!

    07:31 - Going to school in West London and leaving the UK

    09:04 - Making a pact at school helped me to achieve financial success!

    12:07 - My drive to become a millionaire came from…!

    15:11 - Lessons learnt from my parents

    21:19 - My first business was a recruitment company and this happened…!

    25:34 - I got into property by accident…!

    27:35 - The bank is holding £400,000 of my money!

    31:08 - My biggest regret & starting my own rent to rent business…!

    35:05 - This is why my rent to rent business failed..!

    40:17 - How my friends and I bought 35 properties between us!

    44:20 - The Buy to let property strategy isn’t for building wealth!

    49:47 - Mistakes I’ve made buying property

    50:56 - Wealth is created through debt

    53:23 - The current property market hasn’t impacted me…!

    57:31 - The London property market is broken..!

    01:02:17 - A way to help first time buyers

    01:04:24 - Private landlords support 50% of rental market

    01:07:51 - Buy to let isn’t a good strategy for Gen Z & Millennials

    01:14:47 - This is the property strategy Gen Z & Millennials should go for

    01:18:08 - You’re not motivating anyone making £200 per month

    01:18:59 - TJ’s upcoming book: “What the rich teach their kids about money”

    01:24:19 - Final words

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