The Landlord's Smoking Dope!!!

#40

As my Expat Auction Challenge enters its sixth week, I struggle to find a deal that delivers a decent cashflow.

A three storey townhouse in Bristol provides the backdrop to this episode as I look for a freehold to leasehold opportunity.

Rachel Knight of titlesplit.com urges investors to walk away from those deals that that are so overpriced, the only explanation can be that ‘the landlord’s smoking dope’!

This leads to a wider discussion as to whether there is value to be had in the auctions at present, particularly with projects involving refurbs.

This week's show also features contributions from Vicki Peers of Inside Liverpool and Richard Brown of the Property Voice and of course  Matt Brighton.

There is also a working example of Multiple Dwellings Relief, which can reduce your Stamp Duty Land Tax when buying a freehold block of multiple units.

Chapters

• 1:45 Previously...on Expat Auction Story
• 2:54 A three storey townhouse in Bristol
• 6:32 Multiple Dwellings Relief
• 8:32 The landlord's smoking dope...
• 10:21 The effect of Covid on property
• 12:57 Amateur investors
• 14:10 The effect of Covid on BRR
• 18:24 Pre-auction deals
• 20:18 is buying at auction worth the trouble?
• 20:51 The 18 year property cycle
• 24:45 Observing auctions to learn
• 26:37 The skill of walking away
• 28:52 Highlights
• 30:09 Exotic listener location!