The BEESPACE Podcast

Is Property Flipping Right for You? How to Know Your Numbers and Your End Buyer


Listen Later

After a decade of building an HMO portfolio in Nottingham, I made the decision to shift back to flipping properties over a year ago.

The goal? Creating capital chunks to pay off our residential mortgage (our version of financial freedom) while our existing portfolio works in the background.

Since then, people keep asking about my approach to flips - especially in the current market where developers are looking to diversify.

What I cover in today's episode:

  • Knowing your end buyer - Design for your specific customer so they have zero reasons not to buy
  • Knowing your numbers - Why you need 3-6 solid comparable sales

  • Rethinking profit margins - Why £40k in 3-4 months beats chasing 25% returns

  • Always have Plan B - What if you can't sell? Make sure it works as a buy-to-let

  • Balancing brand with commercial appeal - Incorporating design style without alienating buyers

  • Using private finance strategically - Why flips work brilliantly with investors
  • My most recent flip? Viewings booked within 5 minutes of listing. Sold within days at asking price.

    Whether you're starting out in property development or you're thinking about diversifying an established portfolio, this episode should hopefully give you the framework for flips that actually sell fast!

     

    ...more
    View all episodesView all episodes
    Download on the App Store

    The BEESPACE PodcastBy Jade McNeil


    More shows like The BEESPACE Podcast

    View all
    The Property Podcast by Rob Bence and Rob Dix from The Property Hub

    The Property Podcast

    60 Listeners

    The Inside Property Investing Podcast | Inspiration and advice from a decade investing in UK real estate by Mike Stenhouse: Property Investor

    The Inside Property Investing Podcast | Inspiration and advice from a decade investing in UK real estate

    4 Listeners

    The Diary Of A CEO with Steven Bartlett by DOAC

    The Diary Of A CEO with Steven Bartlett

    8,876 Listeners

    Property Magic Podcast by Simon Zutshi

    Property Magic Podcast

    5 Listeners

    The Blueprint Podcast by Daniel Hill

    The Blueprint Podcast

    3 Listeners

    The HMO Podcast by Andy Graham

    The HMO Podcast

    2 Listeners

    The Ins & Outs by Jojo Barr, Pollyanna Wilkinson

    The Ins & Outs

    110 Listeners

    Property Lifestyle Mastery | Build a property investment business that creates financial freedom by Jackie Tomes, David Wigram and Dominic Beecheno

    Property Lifestyle Mastery | Build a property investment business that creates financial freedom

    0 Listeners

    Great Company with Jamie Laing by Jampot Productions

    Great Company with Jamie Laing

    298 Listeners

    Girls In Property by Athena Dobson

    Girls In Property

    0 Listeners

    The Money Gains Podcast by The Money Gains Podcast

    The Money Gains Podcast

    5 Listeners

    Begin Again with Davina McCall by Begin Again

    Begin Again with Davina McCall

    542 Listeners