078 - 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=podcast78rv ✅
Get your FREE copy of the #1 Rent 2 Rent Success Book!
✅ https://go.rent2rentsuccess.com/freebook?gclid=podcast78rv ✅
In this episode of the Rent to Rent Success podcast, hosts Stephanie and Nicky Taylor delve into wealth creation and property investment strategies with guest Patricia Ogunfeibo, a seasoned property developer and solicitor with over 30 years of experience. Patricia shares her journey from a tax solicitor to a full-time property investor, highlighting her initial investments and successful strategies like house hacking, BRRR, and converting properties to increase value.
She discusses recent projects, joint venture structures, and her decision to leave a law career for her passion in property. Patricia also emphasises the importance of design in maximising property values and shares her philosophy on achieving financial freedom through property investment. Listeners are encouraged to explore Patricia's podcast, Maximising Property Values, and her workshops for more in-depth guidance.
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.
Timestamps
00:00 Introduction to Rent to Rent Success
00:45 Episode 78: Wealth Creation and Property Values
01:12 Guest Introduction: Patricia Okin Fable
02:06 Patricia's journey: from solicitor to property developer
04:06 House hacking and early property investments
05:48 Navigating the 1990s recession
08:07 Expanding into HMOs and property conversions
10:37 Full-time property development
11:10 Maximizing property values: strategies and examples
16:42 Upcoming tools and workshops
19:46 Top strategies for maximising property values
20:26 Case study: transforming a studio flat
23:12 Navigating joint ventures and financing
28:31 Personal reflections and advice
31:34 The freedom property investment brings
33:50 Final thoughts and cautionary advice
36:53 Closing remarks and additional resources
" Number one, design is really important for maximizing property values. And number two, this strategy of moving the kitchen into the, into the lounge and creating a two bedroom flat from a one bedroom flat." — Patricia Ogunfeibo
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=podcast78rv ✅
Get your FREE copy of the #1 Rent 2 Rent Success Book!
✅ https://go.rent2rentsuccess.com/freebook?gclid=podcast78rv ✅
