Property Magic Podcast

Simon answers the question - why are so many landlords selling up in 2023, and with the current disruption in the market, is it really still a good time to be investing? KEY TAKEAWAYS In any industry, you always have people entering and retiring. The number of landlords entering the market has been on the increase, but this ratio has begun to decrease now. In 2015, the Conservative government anno...

Simon examines the Renter Reform Bill, and talks about what it could mean in the world of property investing, for you as investors, and for your tenants. KEY TAKEAWAYS The bill, if it comes in, will be so disruptive that many landlords are expected to sell up and leave the market altogether. If the tenant is two months late on three consecutive occasions, then an automatic eviction ban will be gra...

Simon continues his crusade to bust through the many myths surrounding HMOs, including pre-existing HMO portfolios, and how energy costs have affected HMO profit margins. KEY TAKEAWAYS There is so much more profit from an HMO that you can get people to manage them for you, meaning that you have more time and more income. Many think you need lots of money to create an HMO. This might be the case in...

With the sudden public interest in 100% mortgages, Simon talks about whether they are good or bad as a product, as well as for whom they may prove most beneficial. KEY TAKEAWAYS Lenders like buyers to have some skin in the game, and this is why they ask for a deposit, but coming up with such a large sum can prove problematic for many people. Because interest rates are so high, even if people can g...

Some investors prefer to use the HMO (House Of Multiple Occupation) strategy, whereas others choose to go down the SA (Serviced Accommodation) route. But which is the more effective? In this episode, Simon lays out the pros and cons of each in search of a clear answer to this often-asked question. KEY TAKEAWAYS Both the SA strategy and the HMO strategy give very high cash flow, making at least £10...

In this episode, Simon talks about the future of serviced accommodation as an investing strategy now that new regulations and guidelines are being considered by the UK government. KEY TAKEAWAYS We will not be given full clarity upon the changes being proposed by the government until the 7th June, 2023, but we can ascertain the conditions being examined. There is a huge demand for serviced accommod...

Simon discusses freehold to leasehold title splits, including his all-new 'Freehold To Leasehold check list", created specially in the Property Magic workshops, and designed to help you work out if a deal will be good or not. KEY TAKEAWAYS Freehold to leasehold title splitting is where you find a freehold building where someone has already created individual units within that have not yet been cha...

Simon talks you through the pros and cons of both self managing your property portfolio and using a letting agent to do so, and whether you might be falling into the "landlord trap"? KEY TAKEAWAYS The more you grow, the more it becomes advisable to use letting agents, who can take care of the stress for you, and allow you to expand. The smaller issues that tenants can come up with are often not wo...

With the property market in an ever-changing state of flux, Simon shares the best ways in which you can make sure that your knowledge remains up to date, thereby making you a far better property investor when it counts. KEY TAKEAWAYS It's vital to keep up to date with changes in legislation, taxation and finance. By doing this we can make sure we're able to take advantage of the opportunities avai...

Simon talks about why, and how, you should set up your own financial fortress - a protection for you and your family that could protect you for life. KEY TAKEAWAYS The school system doesn't do a great job in preparing new generations to deal with the financial concerns of their future. It's always worth discussing this with our children whenever possible. Learn how to make money. Whether that's th...

The world of property investment is exceptionally varied, and there's nothing to stop you from being involved in another, very lucrative way. In this episode, Simon breaks down the art of deal sourcing, and tells you why it might be a viable career path inside the dynamic world of property. KEY TAKEAWAYS When you find deals, and can't move on them yourself, then you can still earn money by selling...

Simon talks about the value of passion when it comes to investing, and whether or not you need to love property itself, or the results that it can bring? KEY TAKEAWAYS Many believe that in order to be successful. in property, you need to have a passion for property itself. But it is not essential in and of itself. It's more important to be passionate about what property can do for people. You can...

Many are questioning the security of interest-only mortgages, asking whether or not they're a safe bet, or right in their circumstances. In this episode, Simon explains the best use of this important purchase method, and whether it carries a risk or not. KEY TAKEAWAYS In the future, properties will be worth far more than what you paid for it, so an option is to sell up and keep the capital growth....

Simon explains the varying market, and how the current climate in property has seen a huge upswing in estate agents actively seeking buyers, and how you can make sure that you're making the most of this remarkable opportunity. KEY TAKEAWAYS Only a small percentage of sellers are truly motivated. However, there has been a booming market - a seller's market - more buyers than sellers, meaning that f...

Simon shares the five best ways you can use to find your next property deal - everything from the type of seller you should be looking for, to how to best work with estate agents. KEY TAKEAWAYS In 2023, the property market has begun to decline, meaning that there are now far more motivated sellers than before. People are far more willing to consider offers. Estate agents need us now that it's beco...

Knowing which investments to aim for is one of the fundamental tools in your investing journey. But conversely, knowing which investments to AVOID is also equally as important. As Simon explains in this episode, avoiding the wrong investments can save you valuable time, money and stress. KEY TAKEAWAYS Whenever you are buying a property, always examine the demand for that type of property in your c...

In this very special episode, Simon tells you how to pay less for your every property purchase you make going forward, as well as details of a very special offer that'll drastically energise your property knowledge immediately. KEY TAKEAWAYS February 2023 is the fifteenth anniversary of Property Magic, the Amazon best-seller that's racked up over 100,000 sales, making it one of the best-read books...

Simon talks frankly and factually in this update episode about the interest rate crisis, including the impact it could have on you and the property market in 2023. KEY TAKEAWAYS In Feb the BOE raised the base rate to 4% which is the highest rate in 40 years; up from 0.4% in less than a year In reality, this means that mortgage payments for many investors and homeowners have almost tripled In the U...

Simon shares one of his personal secret Rightmove hacks that will allow you to instantly find motivated sellers in your area today! KEY TAKEAWAYS This hack also works on other property sale portals. Remember that not all properties are listed on one portal - check them all! Visit the portal and check the postcode of your chosen area. After selecting your criteria, click the box that includes prope...

Simon tells you exactly how to invest in a falling property market. In this follow-up to episode 173, Simon also answers the question - should we buy now, or should we wait? KEY TAKEAWAYS During the pandemic, people were overpaying for property, it was a sellers’ market. Now it is a buyers’ market. Sellers are keen to sell before the market falls further, so are primed to agree to deals and discou...

Simon tells you exactly how to sell property at the full market price, even during a declining market using a technique that also works if you want to buy a property. KEY TAKEAWAYS This strategy only works to its full potential if the seller doesn't require the money from the sale immediately, but is still motivated enough to want the responsibility of the property off their hands. Purchase Lease...

Purchase Lease Options are a fantastic strategy that allow you to be able to take ownership of a property without actually buying it. in this episode, Simon talks you through the answers to the twelve most common questions people have about this way of investing. KEY TAKEAWAYS A Lease Option is a powerful tool that you can use to control assets you don't necessarily own. You enter into a contract...

Simon talks about one of the most important incoming events of 2023, and how you can not just get ready for it, but also make the most of it as an opportunity. KEY TAKEAWAYS Money has to go somewhere. When recessions hit, history has shown time and again, that although many fortunes are lost, someone ultimately benefits from every sour situation. Setting goals is one thing, but writing them down a...

With the new year comes a whole new raft of possibilities, and in this episode, Simon tells you how you can make 2023 your best year yet when it comes to your property investing goals! KEY TAKEAWAYS You need to have a plan for the year ahead, but if you do so then you'll be able to take advantage of the greatest opportunity in property in the last decade. Think about what it is you really want fro...

The five day Property Magic Challenge can help you to make the most of your 2023, and in this episode, Simon tells you all about this astounding way in which you can grow focus and reach your goals. KEY TAKEAWAYS The challenge only lasts for a single hour each day, and allows you to see what focus and clarity can do to your property investing goals. Easy tasks, given out daily, can energise and ac...