Honest Property Investment with Natasha Collins

You are probably very fed up with talking about Coronavirus, but we have to because it’s causing such a stir and YES it is having an impact on the property market.

In this podcast, I explain how the virus is impacting me, which means it could be affecting you.

I’ll also go through the 7 things you can do as a property investor to protect yourself in these uncertain times.

Please like and subscribe to this podcast, and if you liked it then give it a 5-star review! 

Just before I started recording this podcast I had some breaking news about the Leasehold Tribunal, so let me share that with you first…

Then, after weeks of refurbishing my SA and also hundreds of renovations I’ve completed over the last 11 years, I’ll share where I now spend money on kitting out rentals and where I absolutely wouldn’t. I also share where you can get free stuff, including boilers AND I give you a bonus money-saving tip at the end with how you should fit out commercial property.

Please do rate and review this podcast because it helps other property investors and professional see this pod!

If you want to find out more about me, head to http://ncrealestate.co.uk/

Today I’ve got Christine Garvey on the podcast which I’m very excited about, Christine is an artist, teacher and coach and got my attention when she hosted a scarcity workshop back in December! I knew it was something that would really resonate with my audience because it made me think ‘oh wow I see this everything single day and I even feel it!

Christine Garvey is an artist and coach based in Austin, TX. Her creative work has been recognized with a Fulbright Research Grant, an Austin Community Initiatives Award, and a Fellowship from Concordia University Montreal.

Since 2010 she has been a faculty member at institutions like University of Texas at Austin, Florence University of the Arts, and Pioneer Works Center for Art and Innovation.

She writes and speaks about ideas that impact artists, including scarcity and financial stability. Her work has been featured in Big Medium’s Creative Standard, The Creative Independent, and Brooklyn Magazine.

You can find more about Christine here: www.christine-garvey.com

Here’s the book Christine recommends: https://www.amazon.co.uk/Scarcity-True-Cost-Having-Enough/dp/0141049197/ref=sr_1_1?keywords=scarcity&qid=1582836514&sr=8-1

Questions we go through:

The 6th most asked question I get! I give you 9 challenges that stop property investors from growing and then guide you with how to leap over the hurdle!

The Members Club is open until the 27th of February at Midnight! This week, I discuss how to grow your portfolio and the hurdles you need to get over in order to get there.

If you want to work with me to grow your property portfolio, now’s the time, click this link to join the Members Club now: https://www.ncrealestatemembersclub.com/

What to do when you first pick up the keys to a property

I’m in the UK! Come with me as I inspect my new flat just after I pick up my keys so that you know what you should look out for.

Remember to come and join the Property Investment Mastery Facebook Group!

Follow me on Instagram / twitter @natashaccollins

This is my third most requested podcast! So, here it is:

The process for property sourcing compliance is to set up a business for property sourcing. Ask your accountant to do this.

Then you need to register with HMRC that you are a property sourcer, you are classed as an Estate Agent, so you MUST set up as one via HMRC.

Next up make sure you have an appropriate complaint handling process in place with a property redress scheme such as The Property Ombudsman, as this falls under the requirements of the Estate Agents Act 1979.

A really good guide for Complaints Handling is the RICS Complaints Handling, 1st edition: https://www.rics.org/uk/upholding-professional-standards/sector-standards/valuation/complaints-handling-1st-edition/

You MUST read the Estate Agents Act 1979 - http://www.legislation.gov.uk/ukpga/1979/38

Also read Real Estate Agency and Brokerage 3rd edition – The section on acting for the buyer: https://www.rics.org/uk/upholding-professional-standards/sector-standards/real-estate/real-estate-agency-and-brokerage/

Once that’s set up you then need to register your business with the ICO to make sure you are data protection compliant and register with the anti-money laundering scheme https://www.gov.uk/anti-money-laundering-registration and then make sure you take out the necessary professional indemnity insurance and public liability insurance, which an insurance broker will be able to advise you on, I use A-On for my business.

I’ve taken your questions from the Property Investment Mastery Facebook Group:

And I've given you a strategy of how to get started!

Don’t forget to go to https://ncrealestate.co.uk and take the What Property Type Should You Buy Next QUIZ

This week I give you an update on the leasehold tribunal situation AND I just completed on the new flat, YAY! I give you what I’ve learnt from buying a property when I’m not in the country all of the time.

Don’t forget to go to https://ncrealestate.co.uk and take the What Property Type Should You Buy Next QUIZ!

Follow me on Instagram / twitter @natashaccollins

I’m going to let you into one of the major stressors for me at the moment: leasehold tribunal. I’ll explain what’s happening, why it’s happening and what you can do to make sure you are adequately prepared for if the same happens to you!

Finally, I discuss how you can continue to make this industry a really positive place and keep transparency alive.

Follow me on Instagram / twitter @natashaccollins

It’s time to fully embrace Commercial Property investment because it’s a really great way to diversify! This podcast will go through exactly what you need to consider regarding commercial property.

If you’ve decided that 2020 is the year you are going to invest in commercial property, then I’ve got something exciting for you. 

Head to ncrealestate.co.uk/mastermind to join my Mastermind program for 2020. Applications close 16th January @ 11pm.

Follow me on Instagram / twitter @natashaccollins