4.8 • 2K Ratings
🗓️ 4 February 2025
⏱️ 10 minutes
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0:00.0 | Hi, I'm Rob. And I'm Rob. And this is Ask Rob and Rob. |
0:06.6 | Hey everyone, welcome to Ask Rob and Rob, the show where you get your questions in 90% of time. |
0:12.0 | But in love, they are proxy related, although we do like straying into that random 10% that you bring us every now and again as well. |
0:17.4 | What do we have this week? Well, you're about to find out. But before we get into our first |
0:21.3 | question, which this week is from Andrew, let's give you a quick reminder of how you can get your |
0:25.8 | questions in. It's oh so easy. All you need to do is go to property hub.net slash ask. Once you're |
0:31.3 | there, you can send us a written question for the Sunday Times. You can send us an audio question |
0:35.8 | for this here podcast. We love audio |
0:37.9 | questions because it keeps the podcast going. So we're now going to hold up our side of the bargain |
0:41.4 | and answer a question for Andrew. Hi, Rob. I hope you're well. I stumbled across your podcast |
0:47.1 | a couple of weeks ago and really enjoying them. I'm a carpter by trade. I run a carpentry construction |
0:51.1 | company just outside of Gatwick and it's always been my dream to renovate and get into property developing. |
0:57.7 | I got left some inheritance this year about 100 grand and I'm looking to finally go ahead |
1:04.0 | with my dream. |
1:05.4 | Obviously the ideal situation is to buy property that needs work to it and being able to do the |
1:09.6 | work myself and then sort of have the property as an investment of when I retire, whether that's a rent |
1:15.1 | or obviously selling. So my questions really are is do I niche down into something what's going |
1:21.1 | to be the best thing to niche with my sort of skill set? Or was it more about finding the right |
1:25.9 | property rather than finding the right type of |
1:28.3 | property another thing that I've sort of noticed is a lot of investors do interest only mortgages |
1:34.4 | before I sort of looked into it in my head I was thinking that obviously I wouldn't do the |
1:39.5 | interest only mortgage I would do a property up sort sort of rent it out, and then obviously when the |
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