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PROPERTY: Best Ways to Get Started in Property With Rachel Ollington

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In this episode, Rob sits down to speak to Rachel Ollington who runs her own estate agency business and is also a landlord. Her passion is helping first-time buyers to get on the property ladder, and this is the main subject she and Rob speak about today. Dispelling several myths, as they do so.

 

They also discuss how to leverage that first home, so you can use it to get involved in property investment too and how students can get a mortgage while still at university.

 

KEY TAKEAWAYS

 

  • Stop believing that you will never get on the property ladder. That is a myth.
  • Many students can qualify for a University mortgage.
  • There are mortgages out there for all kinds of professions and circumstances.
  • There are lots of government and lender schemes to help you to get on the property ladder.
  • Parents tend to give advice about buying a house that is out of date. Often, the last time they bought was 20 years ago.
  • In some circumstances, renting for a short time makes sense.
  • Start building your credit score asap and look after it.
  • Buying in an up-and-coming area, means your property accrues value without you doing anything.
  • Look at the bigger picture. If you can´t afford the property you want, just buy what you can afford, for now.

 

BEST MOMENTS

‘There is a massive, massive knowledge gap about buying your first property.’

‘Not everyone classes their own home as an asset.’

‘Within a couple of years of looking, you can buy your own house.’

‘Pool your resources and buy something together.’

 

EPISODE RESOURCES

https://linktr.ee/Allthingspropertywithrach

 

ABOUT THE HOST

Rob Smallbone the host of The Property Nomads Podcast, is on a global mission to guide your success. Success can happen in many ways, shapes, and forms. Think about what success means to you. More properties? More clients? Financial freedom? Time freedom?

 

Rob wants to make a huge difference to people around the world. He is here to guide your success in property, business, and life and to inspire you to achieve your goals, dreams, and visions. He's travelled, explored, and invested. And he's not planning on stopping these activities anytime soon.

 

Buckle up, sit tight, and enjoy the ride that is life.

 

 

BOOKS 

Buy To Let: How to Get Started = https://amzn.to/3genjle  

101 Top Property Tips = https://amzn.to/2NxuAQL 

Property FAQs = https://amzn.to/3MWfcL4

 

WEBSITE

www.tpnpodcast.com 

 

SHOP  

www.tpnpodcast.com/shop 

 

SOCIAL MEDIA  

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YouTube - https://www.youtube.com/channel/UCejNnh8OEUXSrdgFDFraWxg

Patreon - https://www.patreon.com/tpnpodcast

 

 

 

PODCAST  

The Property Nomads Podcast:  

I-Tunes = apple.co/3bHNn5G  

Stitcher = bit.ly/3cFQVqe 

Spotify = spoti.fi/2XaZliP 

 

 

 

 

 

 

 

 

 

 

 

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