Episode Overview

In this episode, host Caroline Claydon sits down with Barry-John, a property investor based in Scotland who is making a bold move to Dubai. Barry-John shares his journey from initially investing in BTL properties to cover his work income and eventually transitioning to full-time property investment. He discusses the current challenges in the short-term let industry in Scotland and his plans to expand his business to Dubai.

Key Takeaways:

• Navigating new regulations in Scotland for short-term lets
• The potential of Dubai’s real estate market
• The importance of social media for property investors
• Managing a property business remotely
• Building his portfolio after attending Caroline's 3 Day Workshop in 2016

Best Moments

• [03:45]
• Barry-John discusses the new rules in Scotland affecting the short-term let industry
• [11:30]
• Sharing how he and his wife, Leanne, have divided their roles in their property business to maintain a healthy work-life balance.
• [20:15]
• Barry-John talks about his imminent move to Dubai and how he plans to handle his property investments in Glasgow remotely.
• [27:00]
• The guest explains why he fell in love with Dubai and the lifestyle it offers, including almost zero tax and a booming economy.
• [39:00]
• Discussion on the challenges and setbacks faced in the property investment journey and the importance of perseverance and maintaining a resilient mindset.
• [50:35]
• The interview wraps up with a promotion for a property investment workshop in Edinburgh and where to follow Barry-John for updates on his journey.

Valuable Resources

This Property Life - https://podcasts.apple.com/gb/podcast/this-property-life-podcast/id1540075591      

Property Wealth System YouTube - https://www.youtube.com/c/PropertyWealthSystem  

About The Show

This Property Life is hosted by the team at Property Wealth System. We are a collective of experienced active investors passionate about all things property and helping and inspiring others to start their own property business.

Caroline, Nick, Rick and Sarah have over 50 years combined experience in investing in property as professional investors. Caroline and Nick have built their portfolio throughout the UK covering strategies from buy to let’s, social housing, HMOs, developments and more recently boutique automated hotels. Sarah and Rick have built their experience investing in BTL, HMOs, Hotels and more recently commercial serviced office space. Caroline has travelled the world training people since 2011 on how to invest, scale and accelerate their UK property businesses regardless of where they are based. Caroline loves helping people reach their full potential by changing their mindsets to money, debt, property and investing. Nick specialises as a property mentor, working with both new and experienced investors to start or grow their portfolios using proven systems and methodology.

CONTACT METHOD

You can join Caroline, Nick, Rick and Sarah along with the rest of our team and a community of like-minded investors in the Property Wealth System Facebook Community:https://www.facebook.com/groups/propertywealthcommunity

Caroline Instagram: https://www.instagram.com/carolineclaydon.property/

Caroline Linkedin: https://linkedin.com/in/caroline-claydon-property/

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