In this episode, Rob speaks to Jake Barlow the founder of the Property Store App, which makes property management simple. They talk through how to run your property portfolio efficiently.
Jake explains how he and his partner successfully built up a property portfolio during the CoVid crisis and while travelling. Something that meant doing most things remotely. An experience that led to the creation of their Property Store App. Jake shares details of some of the most important features.
During the episode, Jake also explains how he was able to use the PPR (Personal Private Residence) method to build a property portfolio in a fast and tax-efficient way.
KEY TAKEAWAYS
Having a good team is the key to investing in property remotely.
PPR is a very efficient way to grow a property portfolio. Jake explains how the method works.
As your property portfolio grows your systems and processes will too.
Unfortunately, the fact that things evolve means that the processes are not as efficient as they could be.
You need data to make decisions, but when you have lots, it takes up a lot of brain space and overwhelms you. The app stops that happening.
It can take ages to gather the data you need. Fortunately, most of that process can be automated.
Taking time out to put systems in place, pays dividends. It frees you up.
The app has a viewing management feature that lays your route out in the most efficient way and tells you what time to book the viewings.
Much of the data you typically glean online can be automatically gathered by the app.
The software is drag and drop and you can create new tasks automatically.
BEST MOMENTS
‘We are releasing a feature that will allow you to, at the click of a button, produce the investor pack.’
‘Investing in property is not rocket science once you´ve done it a couple of times it’s pretty much the same.’
‘Having lots of data to make informed decisions is good, but also painful if you do not have the systems in place to manage it all.’
ABOUT THE HOST
Rob Smallbone, the host of The Property Nomads Podcast, is on a global mission to guide your success. Success can happen in many ways, shapes, and forms. Think about what success means to you. More properties? More clients? Financial freedom? Time freedom?
Rob wants to make a huge difference to people around the world. He is here to guide your success in property, business, and life and to inspire you to achieve your goals, dreams, and visions. He's travelled, explored, and invested. And he's not planning on stopping these activities anytime soon.
EPISODE RESOURCES
Buckle up, sit tight, and enjoy the ride that is life.
The Property Store App Discount Code
Link: https://www.property-store.co.uk/join-the-waitlist
Code: Nomads
Website: https://www.property-store.co.uk/
Instagram: https://www.instagram.com/propertystoreltd/
LinkedIn: https://www.linkedin.com/company/property-store-saas/
LinkedIn Badger and Nash: https://uk.linkedin.com/company/badger-and-nash
BOOKS
Buy To Let: How to Get Started = https://amzn.to/3genjle
101 Top Property Tips = https://amzn.to/2NxuAQL
Property FAQs = https://amzn.to/3MWfcL4
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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