Honest Property Investment with Natasha Collins

Honest Property Investment with Natasha Collins

By Natasha CollinsBusinessInvesting
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Honest Property Investment with Natasha Collins episodes

  • The 10 worst mistakes I’ve made in business (In no particular order)

    It’s getting to the end of the year and firstly I’m getting reflective… for the second year in a row we’re about to double NC Real Estate’s income… in fact it’s doubled today and we’ve still got 4 months until the end of the year.

    It’s crazy, certainly something that when I sit down and reflect with Lorenza and the rest of my team, I wouldn’t have even imagined being able to do back in 2016-17 when I really started to push forward on this.

    In the spirit of transparency and to help those of you out there who are running a business and feel like its both heaven and hell all at once I thought I’d share with you the 10 worst mistakes I’ve made in business… I’ve hashed out the details in my podcast.

    32 min
  • Moving House, Serviced Accommodation Sometimes Sucks and Resident Meetings

    I didn’t know how to sum up this email and subsequent podcast in anymore of a succinct way then simply: Moving House, Serviced Accommodation Sometimes Sucks and Resident Meetings because that has been the last two weeks of my life.

    Maybe… now I’m reflecting on the podcast I just recorded, all of the chaos happened with my US portfolio and I’m just not used to dealing with Amercians and I’m a fish out of water.

    What I can confirm is that:

    • Hosting an Air BnB in the US seems to come with more demands from ‘local’ guests who want 5* hotel standard or their money back.... But not before blowing your whole electricity board and blaming you because they didn’t read the instructions
    • Apparently when storing furniture, its usual for it to leave storage looking like someone just beat it with a baseball bat.
    • And yes, Parks and Recreation is actually based on real life stories of what goes on at residents meetings… there is armed police in attendance and yes residents do shout at each other as well as the local area leaders. Although I could not gather why both of these things happened because we were discussing a 100ft x 100ft patch of grass (I’ve learnt in my property journey to not sweat the small stuff! So gawd knows why this was such a contentious issue, I only went to try and get to know my neighbours, now I know who to stay well clear of)
    • If you want to hear about this, you seriously are going to have to listen to the podcast, I’ll explain in detail!

      I would also love for you to reply to this email and tell me about your resident meetings and also what your Serviced Accommodation cancellation policy is (especially with Omicron doing the rounds and guests cancelling last minute!)

      Back to something I am in control of and have ALOT of experience in… Commercial Property in the UK.

      This week I’m opening the doors to my Members Club for ONE FINAL TIME THIS YEAR! The reason being is that we’re offering a pretty hefty bonus: Buy your next Commercial or Mixed Use Property 3 month Accelerator

      Included within this is

      • 3 x 60 Minute accountability sessions with our Asset Management Team who will be there to support you in finding and buyingyour next property
      • 3 x 30 minutes LIVE deal analysis training
      • 1 x 30 minute 1:1 with EITHER our Commercial Surveyor or Residential Surveyor to discuss the properties that you've found
      • Plus a support group where you can chat with my team and I!
      • In order to get access, you MUST sign up to our 3 month starter package for £297 HERE before Friday 10th December as we are going to get started next week!!

        This is the cheapest the Members Club will ever be and seriously less than the price of your daily coffee (Side note: you should be billing this as professional fees through your property portfolio).

        We’re getting started now because we need to be prepared to hit the ground running in January AND yes we will be giving you time off for Christmas.

        So if you are ready to buy your next Commercial or Mixed Use Property and want to work with a team of surveyors to do that YOU NEED TO JOIN NOW!!

        https://ncrealestate.co.uk/membersclub/ 

        37 min
      • The deets on my newest commercial property purchase

        Click Here to join my Webinar on Monday 6th December The 5 Step Process to nailing down and executing your Property Investment Strategy...over the next 12 months - https://ncrealestate.co.uk/december2021

        It took 6 months to go through but finally the commercial property in Barnstaple completed!!

        There are a lot of lessons that I’ve learnt here:

        • If you buy a commercial property (that’s wholly commercial not mixed use) lending is harder to get which makes it more expensive… eurgh 7.3%. The reason being, lenders think its risky because its low value which MUST mean your tenant isn’t that great
        • If you simultaneously exchange and complete on the same day the lender is going to want you to get insurance on the building before you own it… to resolve the problem make sure you agree a quote with the insurer first and get them to start it on the day you want to complete
        • Second charge loans are expensive and the legal fees may mean its better to go through a private investor… I’ll let you make that decision when you listen to the podcast!
        • However, there are still reasons why I pressed on regardless and that’s the beauty of it:

          1. It’s a net 4.69% yield / £644.89 net income pcm on a purchase price of £165,000
          2. The lease runs until December 2024
          3. It’s a full repairing and insuring lease so I don’t have to do anything to it at all… if I don’t want
          4. The rental values in the area have gone up since this lease was agreed so it should be around £21,500pa for the whole building which if I agree that at lease renewal the value of the property will jump to £253k, which means I’ll get all of my money back out
          5. The local council is desperate to develop the High Street and make it better and there is a lot of money being spent to do this… so I’m excited to see what happens
          6. The finance has been expensive. Yes it’s taken a long time to go through… but all of it SHOULD be worth it due to my due diligence suggesting increase in values.

            In this weeks podcast I’ll go through my learning from this deal in detail and ALL OF THE NUMBERS associated with it! So you are going to want to listen here.

            26 min
          7. Residential Investors perhaps we need to stop getting so creative?

            SIGN UP For the December webinar HERE

            I float this question because there is always so much buzz around the next creative strategy…

            HMO’s, which are a product of the private investment market and have been picked up and ran with by small time investors thinking they are about to make a quick buck… when over the years legislation and increased health and safety (which is necessary) have decreased net yields.

            SA’s whereby investors, excited to get nightly prices rather than monthly prices, oversaturate the market without thinking about offering a quality product, give up after a few months because they aren’t seeing the ‘nice’ income streams they want.

            Rent 2 rent… glorified property management

            The list goes on.

            Instead sometimes it really is easier to think about property investment simply. You buy a property and offer good quality long term lets.

            Now, I’ll warn you, that doesn’t mean you get to sit on your laurels and just count the cash. No, instead you need to be proactive, focus on bringing your property along with the times, maintain it well, look to the future with sustainability… this is where you will see an asset that works for you throughout the test of time.

            So this week, I’ve invited Sam Coleman, NCRE’s residential surveyor onto the podcast! He believes whole heartedly in regular BTL’s and the power that they bring to your portfolio. Sam is an expert in sustainability as well so has some top tips for how he is managing his property portfolio in this market PLUS where he is buying and will be buying in the future to keep continued growth.

            Want to find out more, listen to this weeks podcast.

            26 min
          8. What’s all the fuss about sheds?

            Sign up for the Webinar on the 6th December HERE

            If you’ve seen where the hype is in the commercial property market, you’ll know it’s great big massive sheds somewhere around the midlands where all the big online retailers are gathering on good supply routes.

            We’ve seen cap rates (yields) down as low as 3.5%, the reason being, they are seen as ‘safe bet investments’ for large pension pots and big investors.

            Caroline Saxon, our in house commercial surveyor believes that, for now, these larger investments should be left to the big players with deeper pockets because for the most part they are around the top of the market (why? You’ll have to listen to the podcast to find out).

            Instead there’s still money to be made for smaller investors in other commercial asset classes that are still bubbling away… especially in secondary and tertiary locations.

            Retail and office is still exciting. Mix it with a little bit of resi and you’re moving towards a recipe for success.

            But of course with all these shiny pennies, there are do’s and dont’s and you’ve certainly got to be prepared to sift through the sand to find the gold!

            You want to know how to do that? You’re going to have to listen to this weeks podcast with me and Caroline Saxon from Team NCRE where we discuss what’s all the fuss about sheds and actually where small investors should be investing right now to see growth over the next 5-10 years!!

            21 min
          9. The next hot commercial deal is...

            I’ve invited the next Team NCRE member onto the Pod, Doug Parker, our asset management surveyor.

            We talk about how the mundane actually can be the most lucrative. Why you need to be patient and the secondary / tertiary locations we’d be investing in for good commercial property deals RIGHT NOW… but you’re going to need to listen to the podcast to find that out!

            Fill out this questionnaire for what you want to see coming up on the podcast

            WEBINAR Sign up here - Monday 6th December @ 6:30pm The 5 Step Process to nailing down and executing your Property Investment Strategy...over the next 12 months 

            24 min
          10. We all need small wins in Property Investment

            This week I've invited Lorenza Allan who is the community manager for the Members Club onto the podcast to discuss how small wins add up to big things in property investment!

            Remember to come and follow this podcast @honestpropertyinvestment

            37 min
          11. How and why commercial property is so tasty right now!

            JOIN THE MEMBERS CLUB AT £97/MONTH FOR THE LAST TIME HERE

            Last night I hosted a webinar, which covered exactly how and why commercial property is so tasty right now.

            Whilst it’s still turbulent times in the commercial sector… some tenants are still struggling. Some property is still lying empty.

            But, that seems to be the exception, not the rule (well in my experience).

            The trick is that rather than sitting back and letting the market work around you, you have to be proactive in speaking to your tenant. Asking them what they want to do moving forward. Negotiate where necessary.

            And if you loose the tenant… well you have to also be proactive in finding the next tenant.

            To help you nail this, I’ve taken a clip of the webinar and made it into todays podcast, I cover

            • Why invest in commercial property
            • Commercial property we avoid right now
            • Commercial property that you should be looking at right now,
            • How the commercial valuation triangle works and what you can do to improve your assets value in the short term!
            • 27 min
            • Have a little patience Property Investor!

              Before I get started, make sure to register for my webinar on Monday 25th October at 6:30pm UK time: How to Supercharge Your Portfolio through buying Commercial property, Without jumping on the Commercial to Residential bandwagon.

              Have you been feeling like you’re rushing your property investment journey recently?

              Maybe you feel like things aren’t happening quickly enough?

              If you’ve answered YES to either one of those questions its a sure sign that you have given up on patience… which is one of the most important skills you need as an investor.

              P.S Sorry this is late! I had some technical problems this week :D


              18 min
            • The Truth About Residential Property Finance Coming Out of Covid

              Before I get started this week, I’m putting this up top… come join me LIVE on Monday 25th October at 6:30pm for my webinar: How to Supercharge Your Portfolio through buying Commercial Property without jumping on the commercial to residential bandwagon.

              Just click the link ⬆️ and pop in your name and email and I’ll send you the details.

              I’m always curious about the changing nature of the mortgage industry… the reason being it seems to change on a month by month basis.

              You think you’re getting lending one month, they pull the plug on you the next, you have to go elsewhere.

              Are you finding that too?

              It’s just changing appetites of lenders.

              To get to the bottom of it I thought I’d ask someone in the know onto my podcast to find out what’s going on… so this week Gareth Ward, Head of Underwriting at FutureBricks is my guest.

              32 min

            About Honest Property Investment with Natasha Collins

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