Recomendados
Recomendados
Más contenido relacionado
Similar a Scottish Letting Day 2019 - Showdome morning sessions
Similar a Scottish Letting Day 2019 - Showdome morning sessions (20)
Más de Scottish Association of Landlords
Más de Scottish Association of Landlords (20)
Último
Último (20)
Scottish Letting Day 2019 - Showdome morning sessions
- 1. Scottish Letting Day 2019 Conference and exhibition 12 November 2019 Sponsors: Scottish Letting Day Showdome morning sessions
- 2. Scottish Letting Day John Blackwood introduction video Sponsors: Scottish Letting Day
- 3. Market trends and valuations 2019 Thomas Ashdown, Citylets Scottish Letting Day Scottish Letting Day 2019
- 5. • audience reach of over 3 million visitors per year* • over 400 agents** • advertising >50,000 properties per year** • Scotland’s leading residential lettings site*** *Google Analytics **Citylets ***
- 6. Citylets market reports • produced quarterly for 13 years • analysis draws on large volume and breadth of data, around 50k properties per year • statistical expertise built up over many years • Citylets figures uniquely ‘mix adjusted’ at the macro level • accepted by the industry as a key barometer of the lettings market
- 7. The Citylets Datahub • new self serve system for property rental data • displays report essentials - average quarterly rents and TTLs – but over longer time periods of up to 10 years • introduces context such as comparison with CPI and overlaid with other financial indices such as ROS, interest rates • ‘Open Source’ approach to data providing flexibility to produce and export charts in seconds • FREE online 24/7 at citylets.co.uk/datahub
- 9. Edinburgh rents vs CPI 2008-2019
- 10. 0 100 200 300 400 500 600 700 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Average Tenancy Length (days) Edinburgh average TTL & tenancy length
- 11. Glasgow market
- 12. Glasgow rents vs CPI 2008-2019
- 13. Glasgow average TTL & tenancy length 0 100 200 300 400 500 600 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Average Tenancy Length (days)
- 14. Aberdeen market
- 15. Aberdeen rents vs CPI 2008-2019
- 16. Aberdeen average TTL & tenancy length 0 100 200 300 400 500 600 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Average Tenancy Length (days)
- 17. Dundee market
- 18. Dundee rents vs CPI 2010-2019
- 19. Dundee average TTL & tenancy length 0 100 200 300 400 500 600 2010 2011 2012 2013 2014 2015 2016 2017 2018 Average Tenancy Length (days)
- 21. • get more landlord leads from your website • powered by trusted data • sensible valuations range with context • average rent & TTL figures provided • manages landlord expectations • connects with Optilet • drives uplift in landlord enquiries • positions agent as the expert Citylets valuation tool See a live demo of the valuation tool at: xyzlettings.citylets.co.uk/
- 22. When clicked the landlord will be taken to the valuation tool maintaining the look and feel of your own website
- 27. Join Us
- 28. Sessions now available to attend Scottish Letting Day Showdome (current room): Top tips from a self-made property investor Biosphere Blue: Understanding the private residential tenancy Ozone: Demystifying legionella & A year in the life of a tenancy deposit scheme Biosphere Green: Tribunal know how for letting agents 4D Cinema: Informing research to shape the future of private renting Salisbury Suite: The role of the CMA in regulating letting agents
- 29. Top tips from a self-made property investor Kirsty Leonard, Leonard Property Group Scottish Letting Day Scottish Letting Day 2019
- 31. WHO AM I? Self-made full time property investor, developer & business owner Property & Business Coach
- 32. MY JOURNEY ➤ First property Dec 2014 ➤ 2015 - Flip ➤ 2015/16 – Education & first BTL’s ➤ 17/19 - Legacy Mentor ➤ Now: ➤ Own a multi-million £ property portfolio ➤ Raise creative funding ➤ Private Coach ➤ Source property to others
- 33. MY PORTFOLI0 ➤ Scotland & N. England ➤ BTL ➤ Social Housing ➤ HMO’s ➤ Flips ➤ Conversions/developmen ts ➤ Comm to Resi ➤ Sell off plan ➤ Asset stripping
- 34. MY TOP 10 Top tips for success in property market Future of investing in Scotland
- 35. WHAT DO I BUY? • Distressed property • Add value • Leave as little £ in as possible • Be the best – standard & value
- 36. END PRODUCT – BE THE BEST
- 37. TIP 1 – GET RICH SLOWLY ➤ Property is no longer a ‘hobby’ investment ➤ Property is dangerous if you consider it get rich quick ➤ Impatience & inexperience leads to bad deals & bad decisions
- 39. FIRST HMO CASHFLOW £893 PCM
- 40. COMPOUNDING • BENEFIT OF LEVERAGE • BENEFIT OF TIME • BENEFIT OF EXPERIENCE • BENEFIT OF EDUCATION
- 41. TIP 2 STRATEGY FIRST, NOT PROPERTY FIRST ➤ Property is a business – Business only works with a plan ➤ Understand WHY you are buying property – What is it doing for you? ➤ Do you understand your goals? Personal & Business ➤ Your goals will dictate the appropriate strategy for you ➤ E.G. Passive income vs. Large cash sums ➤ Timeline? ➤ Cost out your ‘dream life’ and work backwards ➤ WRITE YOUR GOALS DOWN
- 46. TIP 3 BUY TO DEMAND ➤ Understand your geographical investment area ➤ Who is your end user / what are they looking for? ➤ Who is your competition and what are they providing? ➤ What prices are being achieved and how quickly? ➤ What do you need to do to meet that demand? ➤ Always be re-checking demand and keep abreast of market changes
- 47. TIP 4 – UNDERSTAND YOUR NUMBERS ➤ Monthly Operating Expenses (MOE) ➤ Understand your mortgage options ➤ Profit margin calculations ➤ Cost of money (COM) ➤ Return on investment (ROI) ➤ Understand your costs and work backwards to a purchase price that works for you
- 48. RENOVATION COSTS ➤ Educate yourself ➤ Work with your builder ➤ Work with quotes not estimates ➤ Take responsibility of understanding
- 50. TIP 5 – HAVE A POSITIVE DEBT MINDSET ➤ Debt is your friend ➤ What is your debt mindset – challenge it ➤ Leverage in property & business is everything ➤ Leverage: ➤ Other people’s experience ➤ Other people’s knowledge ➤ Other people’s money (OPM)
- 51. DEBT MINDSET - LEVERAGE ➤ Understand your Cost of Money (leverage) vs earning potential ➤ Use OPM – it will get you much further, much faster ➤ OPM allows growth beyond your savings account ➤ Mortgage leverage (institutional OPM) – Comfortable ➤ Private finance (e.g. Angel investors) – Get comfortable ➤ Do you treat taking money from private individuals differently from institutional money?
- 52. TIP 6 – PREPARE FOR THE STORM ➤ Treat property as a business ➤ Must understand the market fluctuations ➤ There is a strategy for every market – a fall in one sees a rise in another ➤ Invest understanding this, and have exit strategies ready ➤ Stress test – we do deals with contingencies & test at higher interest rates ➤ Low interest rates & favourable terms won’t last forever
- 53. WE BUY FOR INCOME NOW ➤ Don’t invest speculatively ➤ Ensure your investment will perform despite market changes
- 54. TIP 7 – UNDERSTAND LEGISLATION ➤Knowledge is power ➤ Clause 24 ➤ Ltd company purchases & access to lenders ➤ LBTT changes (stamp duty) ➤ 6 month mortgage refinance ‘rule’ ➤ Interest rate changes ➤ PRA – Mortgage regulation changes ➤ Increasing tenant rights e.g. PRT ➤ Homeless legislation requirements – Changes demand
- 55. TIP 8 – GROW & TAKE RISKS (IN TIME)
- 56. TIP 9 – FOCUS ON YOU ➤ Property world can be a strange place – people competing for attention ➤ Always present the honest you – don’t be afraid to ask for help ➤ Go against the masses ➤ Don’t compete with others, focus on you ➤ But, do model yourself on someone who is where you want to be
- 57. TIP 10 – DON’T BE A LONE RANGER ➤ Your network = your net worth ➤ Law of averages - your income is the average of the top 5 people you spend time with - Jim Rhon ➤ Pay your advisors well – Robert Kyosaki ➤ Comes back to leverage: ➤ Use other people’s knowledge ➤ Use other people’s experience ➤ Learn from other people’s mistakes..!
- 58. BUY WELL
- 59. Educate yourself Use OPM – We offer 10% p.a. return Use other people’s knowledge Use other people’s experience Learn from other people’s mistakes Work alongside people who are better than you WORK SMART, NOT HARD
- 62. WWW.LEONARDPROPERTYGRO UP.CO.UK COACHING PROPERTY DEALS PROJECT MANAGEMENT RETURN ON PRIVATE FUNDS KIRSTY@LEONARDPROPERTYG ROUP.CO.UK Instagram @kirsty_leonard_property
- 63. Sessions now available to attend Scottish Letting Day Showdome (current room): Working positively with Universal Credit Biosphere Blue: Unwrapping the energy performance certificate Ozone: Changing the referencing process forever (Vouch) & What’s next? (PayProp) Biosphere Green: Letting question time 4D Cinema: A guide to completing your tax return Salisbury Suite: Preventing HR headaches
- 64. Understanding Universal Credit John Blackwood, SAL Scottish Letting Day Scottish Letting Day 2019
- 65. d she will establish contact for you and make sure you have the relevant escalation routes for your area. Understanding Universal Credit Visit the landlord section on this website which gives more information about Universal Credit. Click on the landlord box, for landlord videos and top tips: www.understandinguniversalcredit.gov.uk https://youtu.be/t1I_MKT-KGg For help with individual cases and to find your local partnership manager please email: louise.cook1@dwp.gov.uk
- 66. d she will establish contact for you and make sure you have the relevant escalation routes for your area. Understanding Universal Credit View Universal Credit video: https://youtu.be/t1I_MKT-KGg
- 67. d she will establish contact for you and make sure you have the relevant escalation routes for your area. Understanding Universal Credit Visit the landlord section on this website which gives more information about Universal Credit. Click on the landlord box, for landlord videos and top tips: www.understandinguniversalcredit.gov.uk For help with individual cases and to find your local partnership manager please email: louise.cook1@dwp.gov.uk
- 69. d she will establish contact for you and make sure you have the relevant escalation routes for your area. Understanding Universal Credit Visit the landlord section on this website which gives more information about Universal Credit. Click on the landlord box, for landlord videos and top tips: www.understandinguniversalcredit.gov.uk For help with individual cases and to find your local partnership manager please email: louise.cook1@dwp.gov.uk
- 70. Scottish Letting Day 2019 Lunch is now served in the Stratosphere area Programme resumes 13.15pm Please visit our exhibitors’ stands Scottish Letting Day Sponsors:
Notas del editor
- Optilet Pro
- Read bullet points For those of you who may not know, whilst Scotland focused, Citylets is the UK’s certified no 1 residential lettings site in the UK according to web authorities such as Experian Hitwise. The web is a mature and audited medium, similar to Rajar for radio or ABC for print, and all Citylets product information on visitor traffic is referenced to source.
- The growth of Citylets and the PRS in general is nicely encapsulated in this chart. Using Q1 2007 as base, our visitor traffic is now 4 times bigger. Citylets had been going for 8 years by 2007 and we were considered a mature company then so this is a meaningful base that underlines the growth of both the sector and Citylets market share. Citylets invested heavily through the credit crunch as the market turned to lettings and the results are there to be seen today. No need to read bullet points, most of which has now been said.
- Citylets has produced quarterly market reports for the last 7 years which is where cut our teeth on market analysis….the latest report for Q3 2013 was I trust on the chairs after the break. Specifically we look at rent values, growth and time to let as well as a focus on topical issues of the period.
- The growth of Citylets and the PRS in general is nicely encapsulated in this chart. Using Q1 2007 as base, our visitor traffic is now 4 times bigger. Citylets had been going for 8 years by 2007 and we were considered a mature company then so this is a meaningful base that underlines the growth of both the sector and Citylets market share. Citylets invested heavily through the credit crunch as the market turned to lettings and the results are there to be seen today. No need to read bullet points, most of which has now been said.
- The growth of Citylets and the PRS in general is nicely encapsulated in this chart. Using Q1 2007 as base, our visitor traffic is now 4 times bigger. Citylets had been going for 8 years by 2007 and we were considered a mature company then so this is a meaningful base that underlines the growth of both the sector and Citylets market share. Citylets invested heavily through the credit crunch as the market turned to lettings and the results are there to be seen today. No need to read bullet points, most of which has now been said.
- The growth of Citylets and the PRS in general is nicely encapsulated in this chart. Using Q1 2007 as base, our visitor traffic is now 4 times bigger. Citylets had been going for 8 years by 2007 and we were considered a mature company then so this is a meaningful base that underlines the growth of both the sector and Citylets market share. Citylets invested heavily through the credit crunch as the market turned to lettings and the results are there to be seen today. No need to read bullet points, most of which has now been said.
- The growth of Citylets and the PRS in general is nicely encapsulated in this chart. Using Q1 2007 as base, our visitor traffic is now 4 times bigger. Citylets had been going for 8 years by 2007 and we were considered a mature company then so this is a meaningful base that underlines the growth of both the sector and Citylets market share. Citylets invested heavily through the credit crunch as the market turned to lettings and the results are there to be seen today. No need to read bullet points, most of which has now been said.
- The growth of Citylets and the PRS in general is nicely encapsulated in this chart. Using Q1 2007 as base, our visitor traffic is now 4 times bigger. Citylets had been going for 8 years by 2007 and we were considered a mature company then so this is a meaningful base that underlines the growth of both the sector and Citylets market share. Citylets invested heavily through the credit crunch as the market turned to lettings and the results are there to be seen today. No need to read bullet points, most of which has now been said.
- The growth of Citylets and the PRS in general is nicely encapsulated in this chart. Using Q1 2007 as base, our visitor traffic is now 4 times bigger. Citylets had been going for 8 years by 2007 and we were considered a mature company then so this is a meaningful base that underlines the growth of both the sector and Citylets market share. Citylets invested heavily through the credit crunch as the market turned to lettings and the results are there to be seen today. No need to read bullet points, most of which has now been said.
- The growth of Citylets and the PRS in general is nicely encapsulated in this chart. Using Q1 2007 as base, our visitor traffic is now 4 times bigger. Citylets had been going for 8 years by 2007 and we were considered a mature company then so this is a meaningful base that underlines the growth of both the sector and Citylets market share. Citylets invested heavily through the credit crunch as the market turned to lettings and the results are there to be seen today. No need to read bullet points, most of which has now been said.
- The growth of Citylets and the PRS in general is nicely encapsulated in this chart. Using Q1 2007 as base, our visitor traffic is now 4 times bigger. Citylets had been going for 8 years by 2007 and we were considered a mature company then so this is a meaningful base that underlines the growth of both the sector and Citylets market share. Citylets invested heavily through the credit crunch as the market turned to lettings and the results are there to be seen today. No need to read bullet points, most of which has now been said.
- The growth of Citylets and the PRS in general is nicely encapsulated in this chart. Using Q1 2007 as base, our visitor traffic is now 4 times bigger. Citylets had been going for 8 years by 2007 and we were considered a mature company then so this is a meaningful base that underlines the growth of both the sector and Citylets market share. Citylets invested heavily through the credit crunch as the market turned to lettings and the results are there to be seen today. No need to read bullet points, most of which has now been said.
- The growth of Citylets and the PRS in general is nicely encapsulated in this chart. Using Q1 2007 as base, our visitor traffic is now 4 times bigger. Citylets had been going for 8 years by 2007 and we were considered a mature company then so this is a meaningful base that underlines the growth of both the sector and Citylets market share. Citylets invested heavily through the credit crunch as the market turned to lettings and the results are there to be seen today. No need to read bullet points, most of which has now been said.
- The growth of Citylets and the PRS in general is nicely encapsulated in this chart. Using Q1 2007 as base, our visitor traffic is now 4 times bigger. Citylets had been going for 8 years by 2007 and we were considered a mature company then so this is a meaningful base that underlines the growth of both the sector and Citylets market share. Citylets invested heavily through the credit crunch as the market turned to lettings and the results are there to be seen today. No need to read bullet points, most of which has now been said.
- The growth of Citylets and the PRS in general is nicely encapsulated in this chart. Using Q1 2007 as base, our visitor traffic is now 4 times bigger. Citylets had been going for 8 years by 2007 and we were considered a mature company then so this is a meaningful base that underlines the growth of both the sector and Citylets market share. Citylets invested heavily through the credit crunch as the market turned to lettings and the results are there to be seen today. No need to read bullet points, most of which has now been said.
- Legacy Student Started very late 2014 - 4 half years ago! Caroline was my basic speaker Now : Private Coach Legacy Mentor
- 1 bed to 2 bed 2 bed to 3 bed 1 flat to 2 flats House renovate and sell
- Screensavers Vinny