EPISODE · May 1, 2024 · 6 MIN
NOW IS THE TIME to buy from your Local Council
from The Property Nomads Podcast · host Rob Smallbone & Aaron Devoy
Rob discusses a new property strategy that may be available for property investors to explore. With many councils facing financial struggles and looking to sell off assets to cover liabilities, there is a unique opportunity for property developers and investors to potentially acquire land or buildings at discounted rates. Rob encourages you to reach out to your local council, particularly those in financial distress, to explore potential opportunities for collaboration or investment. KEY TAKEAWAYS A new property strategy may be available through local councils selling assets to fund liabilities. Property developers and investors can benefit from contacting struggling councils to potentially purchase assets at discounted rates. It is advisable to reach out to local councils, such as Nottinghamshire City Council or Birmingham City Council, who are aiming to raise funds through asset sales. Building a win-win situation with councils by offering to purchase assets or potentially joint venture with them can be advantageous. Success stories from engaging with councils should be shared, and support for the podcast by liking, subscribing, and checking out the YouTube channel is encouraged. BEST MOMENTS "There might be a new property strategy available and there might even be a new way to obtain quite a lot of property." "Selling assets to pay for your liabilities is not a good thing, you need to do it the other way around." "You could be in a very good position to help your council. What you need to do is to just get in contact with them." "There are always opportunities out there, and for the sake of reaching out to your council, you never know what you might end up with." VALUABLE RESOURCES https://www.msn.com/en-gb/money/other/new-5-000-deposit-mortgage-allows-homeowners-to-borrow-up-to-99/ar-BB1kAyPG?cvid=a8d56fce268a490ed6c3e1a701b2dae2&ocid=winp2fptaskbar&ei=5&sc=shoreline GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast
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NOW IS THE TIME to buy from your Local Council
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