
Podcast
We Buy Houses Radio
By Rick Otton
43
0
Property Investing Podcast with Host Rick Otton
#163: Refurbishment Tips
Episode in
We Buy Houses Radio
At this week’s podcast, join me as I check out refurbishing property with our special guest Martin Ripley.
00:31 Why talk to a property refurbishing expert?
02.57 Fill in the gaps
04:44 Is cheap good?
05:16 Common errors
07:42 Budget assistance
08:10 Light bulb moments
09:34 Planning on an HMO
10:36 Ways to increase value?
15:01 Return on investment
16:05 Information builders don’t have
18:00 Questions on quotes
19:24 How to fix a problem
24:19 Wrap up
25:42
#162: How To Jumpstart Conversations With Sellers
Episode in
We Buy Houses Radio
Tune into my latest podcast where I show my student how to sift and sort which sellers to work with and what to say next.
This episode’s focus is based on one of the most common questions I am asked:
Q. What do you say if the seller isn’t too sure they want to do the deal?
A. I want you to listen to the frame up in this coaching conversation I have with my student and then model it.
And don’t miss the end of this episode where I answer listeners’ questions.
Enjoy!
Click Here for more information on the Property Cash Camp Intensive!
23:14
#161: Greece-Property Investing Paradise or Problem?
Episode in
We Buy Houses Radio
In this podcast, we look at whether Greece is a good property market to invest.
Tune in as I chat with a student who is doing transactions there now.
00:32 Why Greece now?
02:59 Opportunity costs
05:23 Why pay higher interest rates
07:50 Key points
08:56 Set up for payment plan
10:38 Where to start
12:13 Motivation for selling?
14:17 Wholesale versus retail prices
15:49 Motivated or non-motivated?
17:54 Wrap up
Click Here for more information on the Property Cash Camp Intensive!
21:55
#160: Ask ‘Cause “Tell Don’t Sell”
Episode in
We Buy Houses Radio
In this week’s podcast we look at the power of asking sellers questions -instead of telling them about all of the tools you’ve got in your toolbox.
Listen in and as I role-play with a student how to ask the right questions.
00:29 Universal property trends
03:32 Basic rapport
04:12 How to get the conversation started
05:40 What to show the seller
10:16 Questions or suggestions?
11:44 What comes first-concept or details?
13:22 When to close and when to push further
15:08 The best way to introduce something new
16:20 How to do the frame up
17:20 Easy way to get people to question their own beliefs
Click Here for more info on the Property Cash Camp Intensive!
19:32
#159: Coffee Shop + Office = Coffice
Episode in
We Buy Houses Radio
Listen in as we look at how a simple change of meeting place mixed with a revamped conversational style can make all the difference when it comes to finalising your property deals.
In this episode, you’ll hear me coach a student, as well as specific actions you can take to close your deals quickly and effectively.
00:55 Coffee shop point of difference
03:40 Why frame-up?
06:13 Will it work in South Africa?
08:12 Two key questions to ask sellers
11:32 Ally or enemy?
13:09 The best meetings are…
16:18 Deal timeline
18:01 What comes before details?
19:34 How to use AM/FM
21:42 What people really want
25:35
#158: Key Questions To Ask When You Put A Property Deal Together
Episode in
We Buy Houses Radio
In this episode, we look at what happens when new and old ideas clash. And how this affects the key questions you ask when putting a property deal together.
00:41 What’s the end benefit?
01:45 What’s the fastest most efficient way
04:20 Think differently
07:00 The problems of introducing new processes
09:30 There is only “I don’t know how”
12:35 Old versus new
17:38 Do you have a form to support your thinking?
21:45 President Obama & Detroit
23:25 What we can learn from Steve Jobs
26:30 Two key questions to ask
28:47 Future thinking
31:24
#157: Catapult To The Next Level
Episode in
We Buy Houses Radio
What looked like a tragedy turned out to be a fortunate turn of events for my student, Darren. In this podcast, Darren shares his inspiring story, along with some timeless tips.
00:54 Darren’s back-story
03:17 Strategy for this new property environment
06:37 Why up skilling is important
08:30 Unpack and unlearn
11:28 Leverage
14:03 Persuasion tools
16:18 How to identify needs
17:21 Choose the right words and statements
18:25 This magic question
19:03 What comes first: concept or detail?
20:15 Get the best return
22:22 Typical day
26:48
#156: From Teenage 1st Time Buyer To Property Pro – Marion’s Story
Episode in
We Buy Houses Radio
In this episode, meet London based investor, who bought his first property at the age of 18 and over time, now transacts million pound properties. Here how she put her first option transaction together.
03:45 – Property owner at age of 18
05:45 – First option in London
07:47 – Marketing for first option
08:26 – Psychology of sellers
09:10 – Marion’s marketing model now
11:52 – Tips for property with high debt levels
13: 28 – Favourite Type of Transaction
15:52 – Adding value to make profits
16:48 – Million pound transactions
17:26 – Minimum profits
19:57 – Current Projects
20:30 – The magic ingredient
23:59
#155: Discover How A Former Rugby Player Did His 1st Deal
Episode in
We Buy Houses Radio
In this week’s podcast, I chat with Adam, as he describes the lessons learned when putting together his first transaction.
Tune in and find out how Adam used the “handyman special” to make it happen!
00:45 – From rugby to property investing- Adam’s backstory
02:52 – Getting started
05:20 – Adam’s first coffee meeting
06:27 – The importance of the seating arrangement
07:18 – A surprise that spawns the transaction
08:44 – The wisdom of being the second smartest person in the room
10:02 – Why cheap houses can be expensive
10:47 – Applying the “handyman special”
12:01 – Terms on the back of a docket
14:11 – Finding a buyer
16:50 – The ad copy to find a buyer
22:27 – How the dollars stack up
24:30 – What’s next?
29:00
#154: How To Scale Up!
Episode in
We Buy Houses Radio
One of the problems many property investors have is how to scale up your investing to take it to the next level.
Tune into our latest podcast and be a fly on the wall during one of my private coaching calls as I show one of my students how to scale up.
00:31 Something never been done before
02:53 Why scale up
03:41 Put value around what you’re worth per hour
04:14 What can’t you sell?
08:00 Who are the best at this?
09:02 What makes up a good deal?
11:24 The psychology behind why people buy into an idea
16:42 Precise questions to ask
18:12 What are you trying to move away from?
23:03 Why people don’t need to get into the detail
25:54
#153: Backpacker Property Investor
Episode in
We Buy Houses Radio
Five years ago, Riccardo was a struggling backpacker waiting tables in Australia, until he went to one of my 3-day training sessions.
Since then, he has travelled the world doing profitable property transactions in South Africa, Dubai, and the UK using the strategies I taught him!
Tune in to hear his globetrotting story in today’s podcast!
01:49 From backpacker to property investor
03:15 Key to 1st transaction
08:10 How much did you say?
10:30 Why say “Bye!” to the old paradigm
13:08 Surprising South Africa
14:31 What not to chase
18:24 Really, this works in Dubai?
22:50 UK Shock
24:18 What’s next?
28:17
#152: The Power of Asking The Right Questions!
Episode in
We Buy Houses Radio
Have you ever wished for someone to guide you through each step of a process when you’re working on a transaction? Many people do, so they seek out a mentor to help them.
In this episode, listen in as I coach a student and hear his reaction as I demystify working with sellers.
01:01 Student S.O.S
03:02 3 Questions for measuring determination
04:52 Why give the buyer more responsibility?
08:30 Rewrite a potentially sad ending
12:09 The 7-year-old mind
13:13 Embedded processes
16:34 K.I.S.S. (Keep it simple, students!)
21:44 Be specific, don’t be generic
26:47 Focus on what you want to achieve
28:10 Outcomes
29:24
#151: Banks Can Be Your Ally
Episode in
We Buy Houses Radio
My listeners may be surprised by how easily you can work with banks. But the reality is that anyone can deal banks effectively – you just need to understand that banks are in the money business, and not the property business
If you want to know more on how to make profitable property transactions with banks, tune in to my latest podcast!
02:23 Different grades of borrowers and lenders
04:43 What’s easier: getting a new loan or assuming the old one?
06:24 The practical way to deal with debt
08:00 Cash bit or debt bit?
13:34 Grade A lenders versus subprime lenders
19:10 Valuable nuggets
21:58 Keep your eyes on the bottom line
25:51 The 2 stars of the transaction
28:00 The pitch
30:06
#150: When Things Go Wrong & Turnaround
Episode in
We Buy Houses Radio
The Northern Ireland property market has had its share of ups and downs. Join my student, Chris Selwood, and me as Chris shares his turnaround story.
02:13 Bull market
03:49 Hindsight is always twenty-twenty
04:41 Market cycles
08:42 Fixed versus Track Rates
11:02 Current state of Northern Ireland property market
13:35 Common practice
16:03 Pros & cons of selling privately versus at auction
21:22 Chris’s recent assistant sale that helped out the seller and buyer
23:44 Level of solicitor interest
28:22
#149: How To Turn A Dump Into A Pot Of Gold!
Episode in
We Buy Houses Radio
Many investors love to renovate because of its potential for high returns. But did you know that there’s a new strategy that could improve returns?
If you want to learn more about this new strategy then join my buddy- Greg and I in this newest podcast!
00:56 The 4-1-1 on fix and flips
02:27 Are renovations and fix and flips the same?
03:47 Should you buy a house on option?
05:40 Use Google alerts
08:00 How to make an offer that’s hard to refuse
13:50 The power of flexible offers
20:50 How to get sellers knocking on your door
23:20 Strategy to improve the property
27:47 Essential tidbits for beginners on fix and flips
28:50 Get started
31:45
#148: Rick’s New Year’s Gift!
Episode in
We Buy Houses Radio
It’s our first podcast to welcome 2016 with a big bang.
Joining me is, Greg Dixon, one of my students and we’ll spend this podcast answering your questions about my strategies and how they can impact the way you buy and sell properties this 2016!
00:44 How you can take over debt
03:30 When’s the best time?
06:45 Unexpected places to find opportunities
08:41 Why you don’t need to wait
13:09 Risk
14:34 Small or large?
17:22 How to grow your business quickly
19:32 More than an agent
22:06 Hire a solicitor?
24:39 What paperwork to use?
32:28
#147: Keeping The Entrepreneurial Spirit Alive!
Episode in
We Buy Houses Radio
To succeed in entrepreneurship, it’s important to surround yourself with the people who do ‘get’ it – those who understand the satisfaction of starting your own venture and seeing it grow into profitability.
Tune in to listen to my latest podcast as I interview my guest, Samantha Riley, author of “The Heart of Entrepreneurship.”
01:11 Why study entrepreneurs
03:11 Who are “dream squashers?”
04:47 The mindset of success
08:47 A vital quality
11:50 5 lessons in entrepreneurship
15:00 Do you really want to be the smartest person in a room?
17:00 Who to hang with?
19:45 A 21st century way of connecting
22:25 Mindset or knowledge?
24:00 Build your influence
25:38
#146: How To Build Lucrative Property Networks…Online!
Episode in
We Buy Houses Radio
Listen in as my guest, LinkedIn expert and property investor Andy Gwynn, unlocks the hidden power of networking and connecting to find property deals on line in this latest podcast!
03:15 It’s more than Facebook for business
08:17 Face to face or LinkedIn?
12:06 Major flaw of most property investors
12:42 Is it too late for you?
15:50 3 steps to connect
19:10 Why the search tool is your friend
22:54 Are you 4 steps away to the Queen?
24:00 How can second tier connections help you?
26:00 What LinkedIn can do that Facebook can not
29:14
#145: Money Flow!
Episode in
We Buy Houses Radio
I’m excited to introduce you to my student, Angela from Cambridgeshire, who hadn’t invested in property since 2012.
Tune in to our newest podcast and hear how a new twist on an old strategy got Angela back in the game.
01:29 How to find success
04:42 Surprising rewards
09:30 One step at a time
10:39 Creative solution for a property problem
12:03 Solicitor insights
13:44 The key to investing
17:50 Why “don’t explain”
24:20 Path of least resistance
30:10 When does money flow?
33:07
#144: Be In The Game!
Episode in
We Buy Houses Radio
One of the most commonly asked questions I get is: how do I start investing in property?
Join me in this new episode and hear how to “be” in the game!
01:00 Visualise the winning mindset
02:00 How do you enter a swimming pool?
04:00 Paint your canvas
06:21 Push and pull or pull and pull?
08:20 Save this instead of money!
12:20 “Harvest what you sow”
13:00 How many times a good deal comes to you?
13:50 Benefits of being logical
17:28 Inspire curiosity
20:08
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