Honest Property Investment with Natasha Collins
By Natasha Collins
Smart investment strategies for commercial property and mixed used property investors.
This is property investing in the UK and covers Commercial Property Investment and Residential Property Investment
Podcasts are released every Tuesday morning at 7am UK time!
Honest Property Investment with Natasha CollinsSep 24, 2019
The next housing disaster?
Lets talk housing disasters and where I've thought for a while the next one is coming from.
You can sign up for the news letter HERE
Follow me on Instagram @ncrealestateltd
The original Economist article is HERE
Still no offers being accepted on Commercial Property? Don't give up without listening to this podcast.
This is what you need to do if you're still not getting offers accepted on commercial properties, even if you listened to my podcast from the 2nd April 2024 - 7 Reasons your offers still aren't being accepted on commercial property.
If you want to get an invite to our Masterclasses, you need to be on my mailing list. You can join that HERE.
The three commercial property deals that completed this week: Dereham, Chippenham and Burton-Upon-Trent
On this weeks podcast I go through the three commercial property deals that completed this week: Dereham, Chippenham and Burton-Upon-Trent. Each were purchased in a SSAS, however there were different risks associated with each and the yields show this.
Remember to sign up for our commercial property resources HERE.
7 Reasons Your Offers AREN'T being accepted on commercial property
We're over the first quarter of the year! I know frustration can be getting to you if offers aren't being accepted, but there are some easy tweaks you can make to your offer which can see some serious results in getting deals agreed. In this podcast episode, I'm going to go through what this is.
To get on my mailing list CLICK HERE
To see the outline of an offer on Instagram CLICK HERE
How to create £2,000 net profit per month through a Commercial Property Portfolio in 20 minutes
If I was in need of creating £2,000 net profit per month from a commercial property portfolio and I had capital to spend, this is how I would make it happen in 20 minutes.
Plus I answer your questions on interest rates and valuations.
HERE'S THE LINK FTO DOWNLOAD MY COMMERCIAL PROPERTY SUCCESS FORMULA FOR FREE
Are rent guarantees a good idea? PLUS Revolving credit facilities are back.
If you remember I put down the deposit for a commercial property purchase using a revolving credit facility. I've got an option for a revolving credit facility for you. Plus, are rent guarantees a good idea and how I could get all the rent paid up for my lease in my Charleston property, I wish I had that option for my Bath property!
Follow me on Instagram @ncrealestateltd
These are the exact steps I would take if I wanted to add an additional £1,000 of income per month from my commercial property portfolio... without buying another property
Make sure you follow me on Instagram @ncrealestateltd
and LinkedIn
The drama at our Charleston property with Chris Cairns AND my step by step strategy to finding commercial property that you can get started with RIGHT NOW
Remember to come and follow me @ncrealestateltd
10 skills you must learn to be a successful property investor
This week I go through my tough decision about Charleston AND the 10 skills you must learn to be a successful property investor.
You can download my goals spreadsheet HERE
Follow my instagram @ncrealestateltd
The Bodyshop go into Administration, Charleston, The Telephone Box, my SA and Commercial Property Portfolio updates
This week I've been asked to give you a property portfolio update... here it is!
If you ever have any questions you want answering on the pod, please reach out to me natasha@ncrealestate.co.uk
Commercial Property Investors STOP making this mistake
I saw a property come to market this week for circa £200,000 more than it sold for in 2021... and I wish my client had purchased it at the time. Here's why they didn't!
P.S I have a raspy voice... I picked up a chest infection! Hopefully I'll be back to normal for next weeks podcast.
Don't forget to email me with your key takeaways natasha@ncrealestate.co.uk and I love it when you share the pod on social media. Tag me on Instagram @ncrealestateltd and I'll follow you back!
How to find commercial tenants RIGHT NOW wherever you're sitting!
If you're having problems finding commercial tenants and are worrying about it, this podcast is short and sweet with actionable items that you can do RIGHT NOW.
To register for the webinar CLICK HERE
How to improve the retail market AND Mum's back on the pod to discuss her investment updates!
This audio is slightly weird compared to normal as I tried with two mics. Its a great conversation, but the audio goes loud then soft... I'm sorry about that!
Sign up for the webinar here: https://propertyinvestmentmastery.lpages.co/podcast-how-to-supercharge-your-property-portfolio-through-buying-commercial-property-in-2024/
Join my FREE Masterclass - How to Supercharge your Portfolio through buying Commercial Property in 2024
I'm Natasha Collins, Commercial Property Expert... Let me reintroduce myself.
I haven't done this in so long! Sat down and gone through what got me to here... buckle in, let me reintroduce myself.
How to recycle your capital in commercial property investment in 2024 so you can grow your portfolio quickly
This week I discuss my favoured strategy for building a commercial property portfolio quickly and I compare it to my property portfolio and how it has grown over the last 12 years.
If you have a question, email me: natasha@ncrealestate.co.uk
How many commercial properties should you have in your property portfolio?
This week I explore the PERFECT number of properties and how to create your portfolio goals around this.
My Most Memorable Property Deals of the Year
This is the last podcast of the year! I know it's cliche… but seriously where on earth did 2023 go?!
I’ve just come back from Chile and wow I cannot believe what a stunning country that is. Learning Spanish is going on my goals board… I never did it at school and now I’m feeling like I missed out on a fundamental life lesson.
I wanted to end 2023 by recapping my 10 most memorable property deals of the year.
Our 2024 Crystal Ball Commercial Property Predictions
Its’ nearly the end of the year and its at this point where we start looking forward to the year ahead. Joining me for this crystal ball journey is Steve Wallis from my team…
NOTE: Everything we predict is purely speculative DO NOT make investment decisions based on this!
Click this link to sign up for Property Data https://propertydata.co.uk/a/nc
Use the code NC50 to get 50% off your first month
How to Set Up Property Management for Commercial Property
We have been busy as a team setting up a lot of property management systems for commercial property over the last two weeks, so I thought I’d bring on NC Real Estates’ head of commercial property management, Harriet, to discuss the crucial steps to establish effective property management.
You can email Harriet here: harriet@ncrealestate.co.uk
Click this link to sign up for Property Data https://propertydata.co.uk/a/nc
Use the code NC50 to get 50% off your first month
My Dilemma with Air BnB and BE WARNED: the Low After Completing on Commercial Property
This week I discuss why I have such a dilemma with Air BnB and the low that almost always follows the high of buying a tenanted commercial property.
Remember you can save 50% off month 1 of your property data subscription by using the code NC50. Click this link to try it out: https://propertydata.co.uk/a/nc
Completion Statements: How to complete on a commercial property investment
Property Data - Use the code NC50 at link: https://propertydata.co.uk/a/nc
Thank you for supporting the pod!
Is it time to invest in commercial property at a discount PLUS including residential investment values in your deals
Is it time to invest in commercial property at a discount? Potentially…
But how? It's not just about timing; it's about market knowledge and negotiation.
Listen to this podcast to find out more!
How to purchase commercial property
This week I go through the exact steps on how to purchase commercial property.
Here are the resources I mention throughout:
Which commercial property type should you buy next: https://nextcommercialproperty.scoreapp.com/
Set your commercial property goals: https://ncrealestate.co.uk/gtgwc/
The how to value commercial property calculator: https://open.spotify.com/episode/7cho3eMtfOOXteta8T4SeV?si=983d5d75902c48ba
How to finance commercial property: https://open.spotify.com/episode/5qZZBLsu2FYxA40dUPOxsN?si=5152ce20ae3f4e16
The Commercial Property Deal that Exchanged this week {Bath}
This week I go through the most recent commercial property that exchanged!
What can commercial property be used for
This week I catch you up on what's happening with my commercial property portfolio PLUS What can commercial property be used for and how you can let your property quickly to innovative tenants!
Three different ways to finance a commercial property purchase
This week I explore the three different ways in which you can finance your commercial property PLUS a case study of how I'm funding my next commercial property.
The How to Value Commercial Property Calculator
This week, its a short pod because I've got a download for this: https://ncrealestate.co.uk/commercial-valuation-calculator/
Will commercial property recover?
This week I discuss whether the commercial property market will recover. Yes, its been a little bit of a disaster recently, have you seen the prime yield guides: https://content.knightfrank.com/research/522/documents/en/investment-yield-guide-september-2023-10527.pdf
But as always I'm optimistic and I'll share my findings in the market.
Websites I refer to:
Wetherspoons disposals: https://www.jdwdisposals.co.uk/
M7 Capital: https://m7capital.eu/services/lending/
Ban Box Shifting: https://banboxshifting.org/#our-mission
Rainbow Rising: https://rainbowrising.org.uk/index.php/about-us-2/
How commercial property is valued
Last call for the Members Club here: https://ncrealestate.co.uk/membersclub/
This weeks podcast is an excerpt from our getting to grips with commercial course and is presented by John Mansfield which is included within the Members Club!
In the podcast we cover key valuation principals:
- Discounting - this is where the future income streams are discounted to their value today (the present value)
- Years Purchase (YP) Multiplier - A simple relationship between the yield and the time period of the rental stream
- Years Purchase into Perpetuity Multiplier - Used to value a property that has recently been let at full market rent
What commercial property to invest in
The Members Club is now OPEN you can join here: https://ncrealestate.co.uk/membersclub/
Welcome to "Invest Wisely: Choosing the Right Commercial Property." In this episode, I explore the critical factors to consider when investing in commercial real estate. Commercial properties offer unique advantages, such as tenant stability and income-based valuation. I'll guide you through the decision-making process.
Commercial properties vary, from offices to warehouses. Tenant stability is a key benefit, often with long leases and reliable payments. Unlike residential properties, commercial ones are valued based on income potential, making valuation simpler. Hands-on management is reduced with tenants responsible for maintenance.
Market analysis is crucial. Examine local attributes and accessibility. Connect with prominent brands for insights. Diversify your portfolio based on your goals and risk tolerance, considering warehouses, retail, offices, leisure facilities, and more.
Stay adaptable to market trends, aligning my investments with tenant demand. Your decision should reflect my long-term goals and passions.
What should you invest in next? Tune in to find out!
Why the world should fear a commercial property crash
You can take the what commercial property type should you buy next quiz here
Welcome to this week's podcast show notes. Today, I'm tackling a pressing question: "Why the world should fear a commercial property crash." While I'm not typically pessimistic about property, there are valid concerns circulating, and it's essential to be informed and prepared.
I start with a client case study that highlights the challenges in the current market. A property purchased in 2021 with ambitious plans faced setbacks due to shifting interest rates, affecting yield projections.
Investors are now comparing property investments to bank accounts, which offer attractive returns, challenging the appeal of real estate.
Several factors contribute to this landscape, including slower property value appreciation and quicker-than-expected interest rate hikes. However, properties in prime locations remain resilient.
To manage risks, maintaining a conservative loan-to-value ratio of 60-65% for commercial property mortgages is recommended.
The fear of rising interest rates can be mitigated by aligning investments with rate changes, reducing mortgage debt if a property market crash seems likely.
In conclusion, fearing a commercial property crash isn't productive. Instead, focus on what you can control, trust your instincts, analyze the market, and make informed decisions.
For a deeper dive into this topic, don't miss this week's podcast episode. Tune in to explore these issues further and gain valuable insights into navigating the commercial property market.
How to Get into the Property Business with No Money
Want to see our podcast nominate at number 6 in the top 25 podcasts in London --> blog.feedspot.com/london_real_estate_podcasts/
Here's what I'm covering this week:
Podcast Summary Outline: "No-Money-Down Entry into the Property Business"
Introduction
- Desire to enter property business without personal funds.
- Realities behind the notion: expertise, determination, calculated risks.
Strategy 1: Leveraging Existing Equity
- Use existing property equity for new acquisitions.
- Collateral for securing funds.
- Example: Second charge loan against higher-value property.
- Caution on extended reliance due to high interest.
- Importance of negotiation skills and networking.
Strategy 2: Negotiating Deep Discounts
- Target properties undervalued for purchase.
- Financing based on perceived higher value.
- Rarity of such deals, requiring negotiation prowess and market understanding.
Conclusion
- Feasibility of no-money-down property entry with expertise.
- Emphasis on strategic thinking and financial intricacies.
- Cautionary approach due to limited applicability.
- Acknowledgment of property investment's financial demands.
How to Invest in Commercial Property - The Ultimate Guide
Welcome to an episode packed with essential insights for conquering the realm of commercial property investment. Discover the art of successful investment in just a few minutes!
1. **Goal Setting**: Kick off your journey by defining your investment goals – target a solid gross yield of 8% to 10% and determine your purchase price.
2. **Strategic Location**: Choose a search location within an hour and a half's drive from home, ensuring efficient property inspections and negotiations.
3. **Smart Searching**: Simplify your property hunt using online portals like BrightMove LoopNet and property links. Create a dedicated inbox for tailored alerts.
4. **Deal Analysis**: Expertly analyze deals by evaluating purchase prices, rental incomes, lease terms, and property value alignment.
5. **Financing Made Easy**: Explore lending options through brokers, banks, or existing commercial property lenders, understanding terms and fees.
6. **Negotiate with Confidence**: Engage in negotiations, conduct inspections, and create well-informed offers with favorable conditions.
7. **Navigating Legalities**: Once your offer is accepted, navigate the legal process, including drafting heads of terms, instructing solicitors, and efficient contract exchanges.
8. **Seamless Transition**: Acquired the property? Introduce tenants to managing agents for smooth operations and maximize returns.
Tune in to learn how to master commercial property investment and achieve your financial aspirations. Happy investing!
How to Lease Commercial Property
Complete the what commercial property should you buy next Quiz HERE
Discover the essential steps in successfully leasing commercial property with our concise guide. Whether you're a property owner or prospective tenant, we've got you covered:
1. **Basics of Commercial Leasing:** Understand the nuances of renting non-residential spaces like offices, warehouses, and retail units.
2. **Lease Terms and Negotiations:** Nail down key aspects, including rent, lease duration, and incentives, through effective negotiations.
3. **Heads of Terms and Solicitors:** Lay out initial terms in "heads of terms," then rely on solicitors to finalize the legally sound lease agreement.
4. **Drafting the Lease Agreement:** Transform agreed terms into a comprehensive and binding lease document.
5. **Tenant Improvements:** Clarify responsibilities for tenant modifications and enhancements to the property.
6. **Security Deposits and Finances:** Safeguard against potential issues with a security deposit, held separately, and returned with interest.
7. **Executing the Lease Agreement:** Seal the deal with signatures, marking the start of the lease term and commencement of payments.
8. **Schedule of Condition:** Consider a condition report to manage the property's state throughout the lease.
9. **Tenant Move-In and Management:** Tenants settle in while landlords or property managers oversee maintenance and repairs.
10. **Final Thoughts:** Mastering commercial leasing requires preparation, negotiation skills, and legal insights, fostering successful, long-term partnerships.
Navigate the intricacies of commercial leasing confidently using these expert insights. Whether you're leasing or renting, these steps ensure a smooth and beneficial process. Feel free to connect with our team for any guidance you may need. Happy leasing!
Navigating Commercial Real Estate in Shifting Interest Landscapes
Access the WHAT COMMERCIAL PROPERTY SHOULD YOU BUY NEXT QUIZ
In this podcast episode, we delve into the intricate relationship between rising interest rates and the fluctuations within commercial real estate markets.
Interest rates play a vital role, with commercial property yields generally mirroring the prevailing base rate to maintain competitiveness against other investments. Prime central locations, however, often see exceptions, maintaining lower yields despite broader trends.
Understanding the impact of rising interest rates involves decoding valuation mechanics, evaluating capital value based on potential rental income and risk yield multipliers.
Historical context reveals that commercial properties have traded at remarkably low yields during robust market phases, indicating closely tied perceived property risks. Stronger covenant tenants, such as major retailers, carry lower risks, while weaker financial standings in tenants imply higher risks.
As interest rates and base rates fluctuate, commercial property prices respond. Investors with cash reserves enjoy stable returns, whereas those relying on borrowing face challenges due to elevated commercial lending rates amplifying borrowing costs.
Strategic approaches include patient stances for property owners not planning to sell, observing market trends, extending lease terms, and assisting tenants. For market entrants, strategic negotiation and seizing opportunities from yield adjustments and property enhancements prove beneficial.
In conclusion, vigilant monitoring of yield trends and market conditions empowers investors to navigate the dynamic commercial real estate landscape effectively. Remember, rising yields often mean falling property prices, and vice versa. Stay informed to make strategic decisions in this ever-evolving sector.
What’s Commercial Property?
Take the 'What Commercial Property Investment Should You Buy Next Quiz' HERE
I’m going back to basics this week and addressing the question What’s Commercial Property?
(Did you know that's the most googled thing about commercial property)
Here’s the basics…
- Commercial property encompasses various spaces beyond residential use, including retail, offices, and industrial units.
- Unique Regulations: Commercial properties are governed by the Landlord and Tenant Act 1954, Part Two, distinct from residential properties.
- Valuation Methods: Commercial property valuation focuses on income potential, using investment methods based on rental income projections.
- Investment Advantages: High yields of 8-10% or more are possible, and long-term leases (5-10 years) provide stable income.
- Market Trends: Commercial property markets shift every five years, offering opportunities to adapt strategies. Resilient areas include tourist hubs and university towns.
- Navigating Change: Long-term investment strategies, like fixing mortgage terms for five years, help navigate market fluctuations. Consider locations with robust development pipelines.
- Key Statistics:
- Commercial property yields range from 5% to 12%, often outperforming residential investments.
- Longer leases and stability are common in commercial property, offering consistent income.
- Prime locations, such as Central London and university towns, show resilience in commercial property markets.
- Market sentiment indicators like the Knight Frank Investment Yield Guide provide insights into changing dynamics.
For personalised insights and advice, reach out to me natasha@ncrealestate.co.uk. Thank you for tuning in!
Your risk profile and the tale of two property markets
Yield is a representation of risk.
The higher the yield, the higher the risk.
The lower the yield, the lower the risk
Choose your yield wisely based on your ACTUAL risk appetite.
If you are happy doing developments or changing tenants around to go for the big win, knowing that if it doesn’t pan out, you’ll be leaving a lot of money in the deal then go for those double digit yields.
But make sure to do your sensitivity analysis. See what will happen if you are £10k out on your predictions or even £5k, how does that impact your yields. Could you live with that?
Compare this to the yield of a building where you would just buy it and sit and hold, collecting the rent and maybe organising the annual building insurance… maybe the yield is 9%, but how far off is that from your higher yielding property not working?
The risk is yours, don’t be swayed by what someone else tells you. This needs to be constantly evaluated in your investment strategy.
Interestingly enough I’m starting to see the tale of two property markets form within the commercial sector.
Sub £500,000 purchases are seeing yields lowering as there is more cash available at this end of the market. Now a medium risk property will be sold at around 7% whereas traditionally we’d see 8%, 9% or maybe even 10%. Interest rates on mortgages aren’t budging much lower than 8.5%.
Whereas in that £800,000 plus arena, yields are higher. Low risk properties are being sold at 8% or 9% yields AND interest rates for properties at this level are tumbling below 7%. Why? There are less market player at this level and the banks see the bigger properties as less risky, so you get more bang for your buck!
My suggestion… work with other investors who are looking to buy and find a portfolio of properties and split the properties between investors so you are all buying separate titles. You’ll get the perks of the higher priced properties without needing that sum of money.
Now, those portfolios don’t come round every day, but its worth keeping an eye out to jump on them when they do!
It took me 7 years to do this deal…
For the most part, property is painfully slow.
Property is also not glamorous.
Read that again 👀
Success in property investment happens through a series of smart decisions over a long time.
Can you relate to a property being held up in legals for 10 months because the lender can’t get its act together. HMRC messing around with your VAT registration. A seller who won’t play ball and provide good enough answers to enquiries. Lending that gets pulled the day before exchange… and then is far more expensive when you go out to get quotes again. A deal that works all the way up to the final tender process where you find your contractor can’t do what they said they’re going to do and your second option is too expensive. A seller is waiting for the property to go through probate before they can sell.
The list is endless of things that can hold up a deal for months and months and months. Its like a game of chess.
You chase for weeks for some movement from the other side,
Then finally, movement, a question gets batted back to you and you ponder it and make your best move based on how you perceive the sellers reaction…
Then you eagerly wait a response, refreshing your emails. Weeks go by and your stuck. Again.
Can you relate?
Patience is a skill you need as a property investor.
Well my recent deal has taken 7 years and all the momentum has happened in the last 2 weeks. I’m buying a commercial property at a 12% yield, when it should be an 8%, so I’ve completely lucked in… but my gosh there’s been a saga that preceded this.
Whilst, it looks like a fabulous deal on the outside. Let me tell you, the drama to get this place hasn’t been for the fainthearted… you can listen to the whole story on my podcast.
I’d love to know the silliest thing that has held up a deal you’re purchasing?
Type in your answer on this anonymous poll
Until next week,
Natasha
Building a Solid Portfolio over 25 Years with Rachael Troughton
In this episode…..
We dive deep into the world of property investment alongside the dynamic and inspiring Rachel Troughton. If you haven't already heard about Rachel's incredible journey on our podcast, you're in for a treat!
Rachel, a certified property strategist, has a wealth of knowledge when it comes to building successful property portfolios. Her story is a testament to the power of determination and seizing opportunities. From her humble beginnings of walking into an estate agent's office with the audacious question, "I've come to buy an investment property," to owning a thriving portfolio, Rachel has epitomized the meaning of true grit and fearless ambition.
But Rachel's success doesn't stop at traditional buy-to-let properties. She has ventured into diverse investments, including student HMOs, commercial ventures, and even embracing the green energy revolution. Yes, she's involved in the captivating world of battery storage and has discovered a treasure trove of opportunities within the renewable energy sector.
What sets Rachel apart is her unwavering entrepreneurial spirit and her willingness to adapt and evolve. She understands the value of selling properties when the time is right, ensuring she maximizes returns and maintains a healthy loan-to-value ratio. It's a refreshing perspective that challenges conventional wisdom and proves that calculated risks can lead to incredible rewards.
Call to Action:
Listen to the previous podcast episode with Rachel Troughton on the Property Solopreneur podcast for more valuable insights.
Explore different property investment opportunities and consider diversifying your portfolio.
Stay informed about green energy initiatives and potential investment opportunities in the sector.
Connect with Rachel on Instagram for property tours and updates on her portfolio.
Why Balancing Risk in Your Portfolio is a MUST
In the ever-changing landscape of property investment, it is crucial to adapt and balance risk. Various factors, such as interest rate rises, government legislation changes, economic fluctuations, and cultural shifts, continuously impact the market.
To navigate these changes, diversification is key. In commercial property, it means investing in different use classes and areas as your portfolio grows. While it is natural to seek high returns in the short term, it is vital to establish clear goals for the long term.
Consider defining target returns or yields for your entire portfolio to provide direction and ensure you stay on track. Remember that diversification beyond property is essential for a well-rounded portfolio.
Start small, gradually expand, and adjust your investments over time. Embrace a growth mindset, allowing yourself to invest in imperfect properties as you refine your strategy. Set clear targets, remain flexible, and maintain a long-term perspective for successful investing.
If you want to reach out to me email natasha@ncrealestate.co.uk
£22,300 in 3 months from one booking and more SA goodness with Vito and Daniela
In this episode, I had the pleasure of speaking with Vito and Daniela, who shared their unique approach to running serviced accommodation (SA). They revealed a strategy that goes beyond relying solely on Airbnb and Booking.com for bookings. While their properties are listed on these platforms, Vito and Daniela primarily use them for SEO ranking purposes to drive traffic to their own brand website. This innovative approach allows them to secure the top spot in search results, and it also provides direct access to Daniela's phone number, enabling potential guests to contact her directly. This personal touch has been instrumental in attracting guests looking for a home away from home.
During our conversation, they shared their remarkable success story of securing a staggering £22,300 booking for a two-bedroom property over three months. This achievement showcases the power of their knowledge and innovation in the SA market. Furthermore, they delved into the topic of capital allowances, emphasizing its importance and providing valuable insights on maximising tax benefits in property investments.
If you're interested in learning more about running serviced accommodation outside of traditional platforms, leveraging SEO strategies, and exploring the potential of capital allowances, this episode is a must-listen.
Visit Vito and Daniela's website at payersday.co.uk to explore their serviced accommodation offerings and learn more about their innovative approach.
Connect with Vito and Daniela by reaching out to Vito via email at veto@veto.com or through their business page on payersday.co.uk.
Don't miss out on the valuable insights shared in this episode, including the discussion on capital allowances. Tune in to the podcast to gain a deeper understanding of these strategies and how they can benefit your SA business.
AI Insights: Revolutionizing the UK Commercial Property Market
To start with on Tuesday 13th June @ 8pm UK time I’m doing an open Members Club Q&A so if you want to come and find out more about how the Members Club can help you to buy your next commercial property, click here to register.
In this podcast episode, Natasha explores the benefits and limitations of Chat GPT, an artificial intelligence tool that provides information based on pre-existing data. While Chat GPT can answer questions and offer insights based on available information up until September 2021, it requires well-formulated queries to obtain useful results. Although it claims to research property deals, it currently lacks access to specific real estate data sources. However, it can analyze and synthesize data provided by the user to offer a broad overview of market trends. Natasha advises listeners to gather comprehensive property information and use Chat GPT's insights as a supplemental tool for decision-making.
1. Collect comprehensive property data: Ensure you have all the necessary information, such as comparable data and yield figures, to feed into Chat GPT.
2. Use Chat GPT for market analysis: Leverage the tool's ability to synthesize data and provide a broad overview of market trends to inform your decisions.
3. Understand its limitations: Remember that Chat GPT lacks nuanced property details and relies on existing data. Use it as a supplementary resource rather than a sole source of information.
4. Stay updated: Continuously seek fresh information beyond September 2021 to complement Chat GPT's knowledge. Be aware of any advancements in real estate data availability that could enhance the tool's capabilities.
Using Property Data to appraise data and how to build a software business // with Michael Dent
You've heard of Property Data right? If you're a property investor it would be hard not to have heard about this platform. At NCRE we pretty much use it daily and can't imagine how our days as chartered surveyors without it would be.
So I'm very pleased this morning to introduce Michael Dent to you all; he's the CEO and founder of Property Data. In today's podcast, I'll share the anecdote of why Michael started Property Data, how it serves smaller property investors and developers, and how we at NCRE use it.
Enjoy the podcast!
And please like, rate, and follow my podcast if you think the content I put out benefits you in the Property Investment world.
Got any ideas for who I should interview next? Hit reply and I'll do my best to find someone that fits the criteria.
Is the Commercial Property market really in the doldrums?
Today's podcast is centered around where I think the market is headed. Is it all bad? No. Is it all good? That depends on how you manage your property portfolio.
I'll be looking at the current market, and discussing ways that I'm going to make sure I do the best things possible to ensure I keep making money from my portfolio...
It's what I recommend you do too!
Enjoy today's podcast, and please follow me to hear more commercial property investment content! Know of someone who would benefit from hearing the kinds of topics I discussed today? Please share the love and the knowledge.
.
Oh... and NC Real Estate has just launched their own Business Whatsapp number. It's the place to grab freebies that you'll get nowhere else from NCRE (that's from me and my team of commercial surveyors). The first thing I'll be sharing with you is my Goals Spreadsheet Template. This is the template you want to get your hands on to decide which property you're going to buy- or which you're going to buy next.
Connect with my Team on Whatsapp here (and ask for your first FREEBIE!)
Mindset and Commercial Property with Alyssa Holbrook
In this week's podcast, I discuss Mindset and Commercial Property Investment with Alyssa Holbrook.
We had a fascinating discussion about Mindset and Investing in Commercial Property and I can't wait for you to have a listen.
As I work closely with so many commercial property investors, I KNOW what many of you go through, so it was crucial for me to get to the bottom of what is going on so that you can continue investing more successfully and for the long term.
Here are a couple of the topics we discuss on today's podcast:
Money Mindset (and how it might be holding you back)
Fear of Failure and how to learn from "negative experiences"
Assessing your belief systems and setting firm boundaries
How to put yourself and your business first
How to become more confident and learn techniques to shift your mindset when you need to
If you can relate to some of these topics above, you're going to want to listen to my podcast!
If you want to get in touch with Alyssa, you can do so here.
Book a consult call with here: https://alyssaholbrook.as.me/consultcall
Insta: @alyssaholbrookcoach
LinkedIn: Alyssa Holbrook
P.S. I want to remind you about NCRE's Boutique Commercial Property Management Service which we launched last week.
If you need help running your portfolio day to day, collecting rent, remembering rent reviews, breaks, renewals... managing service charges, and maintenance. Then NC Real Estate is the firm of Chartered Surveyors for you.
We will manage properties in England and Wales. The minimum portfolio size is 5 commercial properties.
Please get in touch with me if you want to find out more at natasha@ncrealestate.co.uk.
The WORST business decision I ever made... When to use Forfeiture and an update on my Telephone box!
If you want to find out more about our Boutique Property Management service email me natasha@ncrealestate.co.uk
This week I give you an update on my Telephone Box, I discuss forfeiture and when it's necessary and go through the WORST business decision I ever made and how I'm celebrating, 8 years later just getting out of it!!
The Telephone Box a Case Study
In this episode, we'll be taking a look at Commercial Multiple Occupancy (CMO) and exploring the advantages and disadvantages they can offer.
CMOs are an incredible strategy within Commercial, especially if the landlord had negotiated all-inclusive rents which cover maintenance, insurance, business rates, utilities, etc.
But that's not all - we'll also be discussing a particularly unique and exciting property purchase - my telephone box!
I'll be taking you through all the costs, challenges, and current updates on what's happening with it.
Also, today (the 25th of April 2023) is the LAST day to join the Members' Club at the current price of £1625 + vat p/person p/annum. Price is going up from next month. In ADDITION to that, we've got a small group of 12 members (MAX) who will get an EXTRA session p/ week with one of our Commercial Surveyors.
The aim of these sessions is to expedite your onboarding process, get extra advice on your creating your unique strategy, and access to finding properties that align with your goals.
This is ahead of our Members' Club LIVE meeting in Bath on the 8th July, where you will get to meet me and my whole team!
There's no better time to join us, so if you were on the fence, it's time to commit and jump in. Let's do this Team!
Here's the link to join the Members' Club.
*If there are two people joining at once (either a family member or business partner) you can have 2 subscriptions for £1995 + vat for BOTH of you for the year).
Also, if you have a SSAS, do you know that your SSAS can pay DIRECTLY for your Members' Club subscription? Email Lorenza at lorenza@ncrealestate.co.uk to find out how.
Commercial Valuations aren’t being done on Vacant Possession Value… unless the property is vacant
I’m currently collecting £1 for every time someone says to me: ‘all Commercial Valuations are being done on vacant possession value, my mortgage broker says so’.
To avoid that £1 charge, read up on “5 methods of Valuation RICS” on Google… The one’s that you and I will be concerned with are the comparable method or the investment method.
Essentially, the comparable method is the most widely known, and the values (whether rental or capital) are derived from other similar buildings.
The investment method is used where there is an income coming from the property.
I’ll go into more detail about this on this episode, and will importantly discuss what things could impact yields.
Listen to my podcast, and leave a comment. I'd love to hear from you!
How my SSAS was allowed to buy my telephone box PLUS why property investment is more than just the how
If you want to ask a question that I’ll answer on my podcast, email natasha@ncrealestate.co.uk. I'm collecting questions over the next week or so, so please send over your property-related questions and get them answered!
So, I messed up last week… which is why there was no podcast. I was too busy freaking out.
It was about money and my business. At the beginning of March, NCRE had run out of money!
BUT..... More about that in this week's podcast!
Long story short, I had to make a plan, and QUICKLY! At the base of it, NCRE is going to be okay and I've come out much stronger and wiser than before. On my podcast, I'm going to talk about how a client of mine had to act on their property portfolio quickly too (yes, a real life case study which I know is going to help you!)
I'll also answer a question on the podcast about how my SSAS allowed me to purchase a telephone box in the center of London!
This a jam-packed podcast with real-life problems and real-life solutions- I hope you get something out of it!
ALSO...
You may already know, but I'll be in the UK at the end of March and the beginning of April 2023.
I’m speaking at a number of events over the next few weeks and I’d love to meet you- you can find me at any of these events below!
- 25th March - SSAS South West @ The Village Hotel, Filton, Bristol - To find out more email Mark Plumley markplumley1973@gmail.com
- 1st April - Members Club Live in London - This is for NC Real Estate Clients, but if you want to find out more email lorenza@ncrealestate.co.uk
- 3rd April - SSAS Scotland @ Stephen Gallaghers new CMO in Hamilton, Scotland https://www.eventbrite.com/e/ssas-scotland-3rd-april-2023-tickets-575687184867
- 17th April - Midlands Investor Network Group (MING) @ Avery Fields Sports & Events, Birmingham - https://www.eventbrite.co.uk/e/property-network-event-with-guests-natasha-collins-bryn-walker-tickets-487461639887
I hope to see you at one of those events, or to see your email pop up in my inbox soon!
Natasha