Happy New Year! Let's set some property goals.

Simon and Stuart both actually managed to take a rare break from property and work (but not family!) over the Christmas period. Of course it wasn't 100% restful - a leak did feature.

Sell, buy, buy, buy and focus; are the key plans!

Books mentioned:

The sound quality on this episode is especially poor. I'm very sorry, audio editing is still a bit new to me!

Stuart provides an introduction and update for his latest purchase - a flat that he's adding a bedroom to with the intention of flipping it.

There's a fleeting mention of the ongoing market uncertainty and then it's onto talking about other property podcasts:

Simon provides an update on his investment plans, or rather lack of them, for the moment.

The discussion wanders through the considerations and calculations when releasing equity to fund further investment and the returns that need to be achieved. Then onto remote investing, potential deals that hang around for a long, long time and taking on property challenges. Somehow the chat progresses to an update on a property in Reigate that keeps selling and falling through and ends up with talk of a restaurant that's closing down.

HMO vs Single Let!

Stuart and Simon discuss the merits, or not, of their chosen (primary) property investment strategies.

Stuart and Simon discuss auction results, recent and from the more distant past. With a wider chat about "reading" auction rooms.

Simon talks about potentially remortgaging to pull out some equity to provide new deposits, with the basic financial details around that. Followed by a slightly deeper discussion about mortgage options, loan to value and rental cover stress tests.

Simon can't do mental arithmetic, he wrote the PaTMa BTL profit calculator instead!

Stuart runs through the figures on one of his HMO investments.

Simon and Stuart chat about what they look for when viewing properties. That leads onto a little about each of their chosen strategies and how that effects the type of property they look for.

Stuart and Simon talk about some properties that they've recently viewed as potential investments.

Stuart has viewed a ex-convent and Victorian house that's currently flats, both coming up for auction.

Simon also talks about a house that's currently split into flats, seemingly the left-overs after it's garden had been built on. Plus a grade II listed Tudor house that's interesting but difficult to imagine an investment scenario for.

They discuss renovations, HMOs and current property pricing.