이 에피소드에 관해
Steven Clark built 10 buy-to-lets while working offshore. In 2016 he quit a £70K salary with money in the bank and a couple of grand a month coming in from the portfolio, and he says that cushion was the worst thing that could have happened to him.
If you're working a job and building a portfolio on the side, thinking about raising private investor money, or trying to decide whether now is the time to buy, this one is worth your time.
David and Steven go right back to the early days. We hear about the weekend night shifts he nearly took to cover the bills, the side job that ended with him arguing his own case in court, and flipping up to 13 properties a year to keep the lifestyle going. Steven also shows how a few years of posting on Facebook turned into his network, his investors and his deals.
In the second half we talk about the market. Steven explains the everything crash theory, why higher loan to values remind him of 2008, and the house he bought in April 2008 that left him in negative equity for ten years. He also tells us why he has never given a private investor security, and how one investor's thank-you message changed the way he raises money.
⸻
In this episode:
- Why quitting offshore with money in the bank made him lose his edge
- The £5K kitchen job that ended with a day in Kirkcaldy Sheriff Court
- Doubling the mortgage before quitting, then flipping 10 to 13 properties a year
- The tenant who set fire to his flat twice in one week, and the £100K offer that video brought in
- Buying an old school in Lochgoilhead with cash, then finding 18 bats and a stop on the build
- The everything crash theory and why 85% mortgages worry him
- The 2008 purchase that put him in negative equity for ten years
- Why he has never given a private investor security, and the £60K that came from social media alone
- The Union Street deal in Aberdeen that came out all money out with £26K profit
- Why he thinks it has never been easier to start in property
⸻
Subscribe for weekly conversations on property investing, raising finance and building a property business in Scotland.
Would you lend £60K to someone you only knew from social media?
🌐 Join Property Coaching Network: https://propertycoachingnetwork.com
📚 Property Coaching Intensive (PCI): https://propertycoaching.com/
📲 Instagram: https://www.instagram.com/david_smart_property/
📲 TikTok: https://tiktok.com/@davidsmartproperty
📲 LinkedIn: https://uk.linkedin.com/in/david-smart-
📲 Facebook: https://www.facebook.com/david.smart.7393/
🏠 Steven Clark / This Is Property:
Instagram: @stevenclarkproperty [CONFIRM]
🎙️ Scottish Property Podcast: https://scottishpropertypodcast.com
📩 Business: team@propertycoachingnetwork.com
⸻
#PropertyInvesting #ScottishProperty #PrivateInvestors #RaisingFinance #BuyToLet #PropertyFlipping #PropertyUK #AberdeenProperty #FifeProperty #OffshoreToProperty #PropertyPodcast #StevenClark #PCNPodcast #PropertyCoachingNetwork
If you're working a job and building a portfolio on the side, thinking about raising private investor money, or trying to decide whether now is the time to buy, this one is worth your time.
David and Steven go right back to the early days. We hear about the weekend night shifts he nearly took to cover the bills, the side job that ended with him arguing his own case in court, and flipping up to 13 properties a year to keep the lifestyle going. Steven also shows how a few years of posting on Facebook turned into his network, his investors and his deals.
In the second half we talk about the market. Steven explains the everything crash theory, why higher loan to values remind him of 2008, and the house he bought in April 2008 that left him in negative equity for ten years. He also tells us why he has never given a private investor security, and how one investor's thank-you message changed the way he raises money.
⸻
In this episode:
- Why quitting offshore with money in the bank made him lose his edge
- The £5K kitchen job that ended with a day in Kirkcaldy Sheriff Court
- Doubling the mortgage before quitting, then flipping 10 to 13 properties a year
- The tenant who set fire to his flat twice in one week, and the £100K offer that video brought in
- Buying an old school in Lochgoilhead with cash, then finding 18 bats and a stop on the build
- The everything crash theory and why 85% mortgages worry him
- The 2008 purchase that put him in negative equity for ten years
- Why he has never given a private investor security, and the £60K that came from social media alone
- The Union Street deal in Aberdeen that came out all money out with £26K profit
- Why he thinks it has never been easier to start in property
⸻
Subscribe for weekly conversations on property investing, raising finance and building a property business in Scotland.
Would you lend £60K to someone you only knew from social media?
🌐 Join Property Coaching Network: https://propertycoachingnetwork.com
📚 Property Coaching Intensive (PCI): https://propertycoaching.com/
📲 Instagram: https://www.instagram.com/david_smart_property/
📲 TikTok: https://tiktok.com/@davidsmartproperty
📲 LinkedIn: https://uk.linkedin.com/in/david-smart-
📲 Facebook: https://www.facebook.com/david.smart.7393/
🏠 Steven Clark / This Is Property:
Instagram: @stevenclarkproperty [CONFIRM]
🎙️ Scottish Property Podcast: https://scottishpropertypodcast.com
📩 Business: team@propertycoachingnetwork.com
⸻
#PropertyInvesting #ScottishProperty #PrivateInvestors #RaisingFinance #BuyToLet #PropertyFlipping #PropertyUK #AberdeenProperty #FifeProperty #OffshoreToProperty #PropertyPodcast #StevenClark #PCNPodcast #PropertyCoachingNetwork
영어
미국
전사 🔗
Are you the producer of this podcast?
Add a podcast transcript
Need Audio-to-Text?
Transcribe with Listen411 in Just 60 Seconds
이 팟캐스트의 다른 에피소드
Declan Macaloney runs Vitality Property & Refurbishments in Stirling and buys nearly all his property off-market, through assisted sales, vendor finance, and derelict houses he tracks down himself on the land register.
He's 25. Started as an apprentice at 16, bought his first flat at 20, and l…
Sally Beard ran a 1,500 unit letting agency with 35 staff, sold it to
Lomond Group in 2021, and then had to work out how to replace the income
from scratch. Five years on she's built a 52 property portfolio and one of
the most respected sourcing businesses in Glasgow.
If you're building a buy t…
Mark Laurie built a thriving gym business from nothing, then watched it
collapse under cash flow pressure, COVID, and decisions he'd be the first
to call mistakes. This is the story of losing an identity and building a
completely new one.
If you're in property, business, or just feel stuck and …
Rio McLaughlan and Lucas Houston started sourcing property at 18. They spent
nine or ten months turning up every single day and never landed one deal. In
December 2023 Rio sent David a voice note saying he was done. Skint, going
home early from a night out because he couldn't afford it, ready to ch…
Emily Henaghen has spent 10 years in property, from her first viewing-agent
job in Scotland to running her own real estate brand in Dubai, and now back
home building Casa Sales and Lettings. This episode covers the parts most
people never talk about: what it actually takes to break into one of t…
면책 조항: 이 페이지에 포함된 팟캐스트와 작품은 Property Coaching Network에서 가져온 것입니다. 이 팟캐스트는 소유자의 재산이며 Listen Notes, Inc.와 제휴하거나 보증하지 않습니다.
