Nick and Caroline discuss their experiences weathering various storms in their 15 years of property investing and business ownership. They reflect on challenges such as the 2008 financial crisis, changing government policies, and unpredictable banking practices.

They also look at the importance of resilience, adaptability, and long-term planning in navigating the uncertainties of the property market

KEY TAKEAWAYS

• Caroline and Nick share how setbacks like the 2008 financial crisis led to new opportunities and growth, highlighting the importance of staying motivated and seeking solutions.
• Challenges like rent caps and fluctuating interest rates can affect the moment, but they also underscore the long-term viability of property investing due to undersupply and increasing demand.
• You have to learn from experienced investors, staying informed about market changes, and being prepared to pivot strategies when needed.
• Always have a long-term plan in property investing, remaining focused on goals, and not giving up easily despite challenges.

BEST MOMENTS

"I think when you start now, it's easy to see a bit of weather as a hurricane. It actually very rarely is. It's just about, you know, having a good network, I think, understanding that these things are always going to happen."

"Nobody's trying to do and don't deviate from it and don't give up too easily." 

"I do think whenever you're hit by a curveball, like a bank pulling out or a surveyor downvaluing or tenant trouble, whatever it might be, maintenance issues, everything's a lesson."

VALUABLE RESOURCES

This Property Life - https://podcasts.apple.com/gb/podcast/this-property-life-podcast/id1540075591       

Property Wealth System YouTube - https://www.youtube.com/c/PropertyWealthSystem    

ABOUT THE SHOW

This Property Life is hosted by the team at Property Wealth System. We are a collective of experienced active investors passionate about all things property.

Caroline Claydon has over 22 years experience in investing in property but it’s only the last 12 years she’s operated as a professional investor.  Her and her husband have built their portfolio throughout the UK covering strategies from buy to let’s, social housing, HMOs, developments and more recently a hotel.  She has travelled the world training people for the last 10 years on how to invest, scale and accelerate their UK property businesses regardless of where they are based.   Caroline loves helping people reach their full potential by changing their mindsets to money, debt, property and investing. 

CONTACT METHOD

You can join Caroline and James along with a whole host of other like-minded investors in the Property Wealth System Facebook Community:

https://www.facebook.com/groups/propertywealthcommunity

Caroline Email: caroline@propertywealthsystem.co.uk

Caroline Linkedin: https://www.linkedin.com/in/caroline-claydon-property/