Building a Great Rent to Rent Business in London with Nick Ifill

070 - Looking for a way to escape the nine to five and create consistent cash flow? Join the FREE masterclass here:✅ https://go.rent2rentsuccess.com/free-6-step-system?gclid=podcast70rv ✅Get your FREE copy of the #1 Rent 2 Rent Success Book!✅ https://go.rent2rentsuccess.com/freebook?gclid=podcast70rv ✅In this episode of the Rent to Rent Success podcast, host Stephanie Taylor is joined by Nick Phil, an IT project manager and successful property entrepreneur. Nick shares his journey from a challenging financial situation to building a thriving rent to rent business. He discusses how he overcame bad credit, the importance of mentorship, and the lessons learned from his first property deal. Nick also highlights the value of building relationships with estate agents and the importance of systemising a property business. Tune in to hear Nick’s insights on achieving property success while managing a full-time job.About the Hosts:Stephanie and Nicky Taylor are sisters and co-founders of HMO Heaven and Rent to Rent Success. Starting from humble beginnings, they are now successful businesswomen, speakers, authors and coaches who’ve helped thousands of people to change their lives. They are passionate advocates that ethical property investing is open to everyone, not just the elite few.Timestamps00:00 Introduction to Rent to Rent Success01:07 Meet Today's Guest: Nick Ifill02:13 Nick's journey into property04:59 Overcoming financial challenges07:55 Starting a rent to rent business during a pandemic15:00 Securing the first deal17:52 Refurbishment lessons learned20:40 The Importance of simplifying decisions21:03 Biggest mistake in the first project21:49 Expanding the team22:47 Employment and incentives25:45 Systemizing your business29:10 Building relationships with estate agents32:50 The journey and future goals34:31 Advice for beginners36:46 Final thoughts and contact information39:46 Conclusion and book promotion" If an egg is broken from an outside force, life ends. But if it's broken from an inside force, that's when life begins. So it has to come from within. It has to come from within you."  — Nick IfillLooking for a way to escape the nine to five and create consistent cash flow? Join the FREE masterclass here:✅ https://go.rent2rentsuccess.com/free-6-step-system?gclid=podcast70rv ✅Get your FREE copy of the #1 Rent 2 Rent Success Book!✅ https://go.rent2rentsuccess.com/freebook?gclid=podcast70rv ✅ Support the show