Random conversations with three different investors. Naomi, who bought her own home, letting rooms out to lodgers whilst saving furiously for her first true rental property to help fund the income reduction of starting a family. Paul, who has had both a successful corporate career and can now live off his property portfolio income...but still has more to discover and also give. Finally, Darren who wants to create a designer lifestyle, where he can mix international voluntary work with property investment, whilst dramatically reducing his cost base and environmental footprint in the process.
None of us are normal...so, come and join the 'abnormals club' why don't you? It's a lot of fun and potentially life-changing too.
Podcast: Play in new window | Download
Resources mentioned
Link to The Property Voice YouTube Channel
The Property Voice Meetup Page & Eventbrite Page
How to Reach Richard By Telephone
Link to the Podcast feedback survey
TPV Apprentice Programme info HERE
Today’s must do’s
Subscribe to and review the show in iTunes…and while you are at it please help us to spread the word by telling all your friends too!
Property Investor Toolkit – here is the book link on amazon.co.uk & amazon.com in case you would like to get yourself a copy to accompany this series
Get talking!
Join in the discussion, either here in the comments section below, or by emailing us at podcast@thepropertyvoice.net
Start a conversation on Twitter with us @PropertyVoiceUK or on our Facebook page
Transcription of the show
Random conversations with three different investors. Naomi, who bought her own home, letting rooms out to lodgers whilst saving furiously for her first true rental property to help fund the income reduction of starting a family. Paul, who has had both a successful corporate career and can now live off his property portfolio income...but still has more to discover and also give. Finally, Darren who wants to create a designer lifestyle, where he can mix international voluntary work with property investment, whilst dramatically reducing his cost base and environmental footprint in the process.
None of us are normal...so, come and join the 'abnormals club' why don't you? It's a lot of fun and potentially life-changing too.
Property Chatter
Transcription of the Show
Hello and welcome to another episode of the Property Voice Podcast. My name is Richard Brown and as always it's a pleasure to have you join me again on the show today. Well, last week I was struggling for content and I put out a note to the mastermind group that I run and four people very, very kindly suggested some things I could cover off. And that was Anthony, Dominic, Matthew, and David. And we called off topics like running the numbers, investing overseas, how to choose and what strategies to follow and skin in the game, in terms of partnership. They were the themes that we've covered off last week. There were a number of other suggestions actually that the guys, those same guys made and indeed extra suggestions from Collins and Harry so I just wanted to make sure that we got properly name checked.
Forgive me if I missed anybody off the list there, but so just want to make sure I thank you. I appreciate you guys for making suggestions. Bailed me out of it a little bit last week. So that was cool. So what I thought I'd do this week is I just wanted to share with you a couple of things that I kind of get involved in from time to time. There's... I post my phone number on the website, which is a risk, I guess in some respects, I took a little while ago. The phone number, you can reach me in person very often, usually weekday afternoons, and that's on the website. So propertyvoice.net hunt around and you'll find it. If you want to speak to me in person, that's the way to do it. So there's no hunting place in that respect. But last week, apart from it being my birthday... Wednesday was my birthday.
Yes, happy birthday to me. On Wednesday, I decided just to do whatever I fancied, whatever I felt like. So I didn't really take the day off as such. I just decided to do whatever I wanted to do whenever I wanted to do it. I had a leisurely breakfast, I went to the gym, I read a lot. I went down rabbit holes. Not literally, but in terms of learning and development, which is a passion of mine. And yeah, that's kind of how I spent my day. But I also spent a couple of hours on a call with the... Some of my mastermind community. It was a pre-book call and I was happy to do that too. So yeah. I just did whatever I wanted. So anyway, that was my birthday and thanks for the love on social media on that day. That was really welcome. But on the next day, on the... So that was the 5th of February.
On the 6th of February, the next day, which is obviously the Thursday, I actually had three calls in that day with people I'm not working with. That are in my community within my sphere, or my reach in some way. And we just had these random calls. It was one in the morning, one at lunch time and one in the evening as it kind of worked out. And yeah, it was really interesting to have that kind of conversation, or those kinds of conversations. I deliberately allow time in my diary to have those kind of conversations. So that's another reason for mentioning the... Putting the phone number on the website. So I spoke to Naomi, I spoke to Paul, and I spoke to Darren during the course of that day. So if you're listening, yeah. Name checking you. Hopefully you... This relates to the conversation that we had. So, they weren't in that sequence, but I'm just sort of sharing the sequence. So first of all, just let me tell you about the conversation I had with Naomi.
So Naomi is about 30, and I don't want to reveal too much information, but her and her partner, we were talking. We'd been talking for almost two years and it's been 18 months now, and she got back in touch recently, and we set up a telephone call because previously she was saving for a deposit. They actually went and bought their own home. This is really interesting because what they did is when they bought their own home... Now very often I say, if you can buy your own home, you get first place... First buyer status is what I'm trying to say. Yeah, I think that's right. And so that means you don't pay the 3% stamp duty, often have a less deposit that you need to put into a property deal compared to being a buyer. So as an investor you don't pay a capital gains tax on any profits that you make on the house.
If you sell it for example, you can do work yourself while you're living there, and so it's quite a good use of time. So it's kind of a house hack type of concept. And if you run into that... The Robert Kiyosaki thinking, which is exactly what Naomi and I were talking about. Robert Kiyosaki says our own home is a liability. It's not an asset because it doesn't put money in our pocket each month. And so Naomi and her partner, they decided to take in lodges. So they had a four bedroom property, and they took into lodges. And of course the rent a room scheme provides a significant amount. Its rent is about seven and a half thousand a year tax free. So you can take the income from lodges. But its up to seven and a half thousand, and it's tax free as well.
So there's a lot of good reasons why maybe if you want to start out, you should consider looking at buying your own home. Now I do know that in certain parts of the country, that's not an easy thing to do in terms of affordability levels. So first time buyers struggling to get on the housing ladder, love to buy their own home, but the level of deposit, particularly in the South relative to income... It is hard to do. So you can... There's a flip side of that perhaps you can buy your first property as an investment property perhaps in a more affordable location. So you're not... Don't get hamstrung on the idea, but try and get on the housing ladder sooner rather than later. So, that's what Naomi and her a partner did. And then since that time they've been saving like crazy. So they both worked full time.
They've obviously got this income from the lodges that's coming through as well. So, they're piling all of that into their savings, and the reason they approached me again is that they're getting close to having enough money to perhaps go again invest in another property. So we started to have this conversation. I was really saying, "Well, what do you want to achieve?" This is perhaps ringing true from a conversation I had last week when we were talking about the numbers. We were also talking about the strategies that people can follow. So begin with the end in mind. What are you trying to achieve? So in Naomi's case, in 10 years they wanted to have supplementary income so that you know, one or both of them wouldn't have to work, and in fact to start a family. That was the criteria they were looking to do.
So, talking to them about how much money they were able to save and it was roughly 25,000-30,000 a year, because they are literally shoving a lot of money into savings right now. So, and actually, the most simple strategy that they could follow was to buy one buy-to-let property every year, for 10 years. And of course at the end of that they'd have at least 10 properties, and I explained to them the snowball effects. So, obviously if they were able to save the extra rental... net rental income from the investments over time, that would also accumulate, and towards the end of that 10 year period they may be able to buy a couple of properties in a year. Perhaps every other year. Maybe something like that. There're other twists on that. They could perhaps refinance if at all to add value if... Or if the price had gone up as well.
But essentially they could probably get to the goal that she outlined to me relatively simply. But then we started talking about, well, is that enough? And perhaps maybe both could retire, or take it easy, or go part time, or take a sabbatical. And this was really appealing to them. So, then we started talking about better use of capital. So buy-to-let. Usually the principle of buy-to-let lets you buy a ready made property, and you rent it out. You don't add value. It's not a project, it's not development and you just take the rental income, and if you're lucky you get a bit of capital growth as well. And it's okay but it's not stellar. It's not going to set the world on fire, and it's not going to make... Give you a sort of a dual income replacement in 10 years, typically speaking.
So then you'll be still tied to talking about alternative strategies, and in particular perhaps for early stage investors that would be what I call BRR. Buy, refurbish, refinance, or it would be flips, and in fact actually I normally recommend pairing those two together. So if you go hunting for a property, you can add value to, typically a refurbishment, perhaps a loft conversion, perhaps an extension, nothing too earth shattering, just something that's you know, easily achievable within six to nine months time period. If you flip it on, you can grow your capital pot, which will then actually fund future deposits on either buy-to-let properties, or the BRR properties. What you have with BRR properties is usually do the project, you increase the value, then you refinance, and pull out some of your capital back. Typically, with a BRR strategy, you don't pull all of your capital back.
That's why I said yes, having a flip strategy running alongside a BRR strategy. Something along the lines of flip. One BRR, one flip, one BRR one... And every time you put money into the BRR property, perhaps it's half as much typically as it would be in a buy-to-let property. If the next project is a flip, well then you've recovered the money that you've left in the previous BRR property for example. So yeah, she was very interested in that and she signed up to our property deal tip service to look out for those types of projects, and perhaps if there's something that comes along, I might show her on a project if that is the case. That was a really interesting conversation. What I really liked about Naomi is this. I suggested a few things to her and she just went off and did it.
So, for example, she was a little bit nervous about the idea of financing for projects. And she has a very good mortgage broker who is well known in the industry, and she just went off and checked it with her. And although I was really taking and very proactive... Talked about bridge-to-let to product that is available so you don't necessarily need full bridging, and then a refinancing onto your mortgage later, which often is the case with BRR for example. There is a specific product now called bridge-to-let. It's kind of almost one... Two projects in one. So it simplifies the process. So she went off, she checked, she wasn't sure that she quantified but came back to me the very next day and said, "I spoke to my broker and indeed I do qualify, so I'm going to start looking out for those sort of projects."
So that was really nice. So now I've got a real buzz out of talking to Naomi, and really I think giving her a bit more of confidence, and a bit more of a direction about what she could achieve in line with her own goals. And as I say, that gives me a bit of a buzz too. So that was the first conversation. The second conversation was with a gentleman called Paul. Now I went up to a... The only external property meeting I've ever spoken at was The Property Thing up in Darlington. So there's another name check for Anthony and Paul who run The Property Thing meet ups in Darlington. If every year you're in that neck of the woods, or even you know just what, make a special trip. I'd recommend you go. It's a really good meeting. There are good guy, has quite a good energy, I think in that particular area.
It's an independent group so there's no, none of this sort of core selling type of thing that's forced upon you. So I really liked it, and I'll probably go back up again, actually during the course of this year. They have invited me and I have accepted so... Or maybe I invited myself and they accepted, I can't remember. But anyway, so long story short, one of the people who heard me speak when I last went was a gentleman called Paul, and he reached out to me and he was very generous in the way he approached me. Which by the way is a good tip if you're networking. So he talked about some of the things that he heard in my pitch or... It wasn't actually a pitch, it was a presentation, and he said it inspired him to get in touch. And there's a few months ago now, so it was good we got in touch.
And Paul felt that he was a little bit, he'd grown a little bit stale if you like. He had amassed quite a significant portfolio. He'd done really well, and he's got some quite complex staffing, including some overseas development, but he felt he sort of reached the point where he'd become best out. What had happened is that he managed to build a portfolio which enabled him to effectively quit his job, or quit his work, and he could live off the income. But he was playing golf, and he was spending time with the family, and all that great stuff, and doing a lot of personal development, and really enjoying it. But I think at some points in time he had felt that there was more. There was more left to do, and more in the tank.
And he was keen to really sort of push on. But he was also concerned about perhaps the isolation that can happen with solo property entrepreneurs, or solo propreneurs.That's a new word I've kind of made up. And so we had a conversation about that because it's very common actually. So there's a cycle that often we go through. We often start out moonlighting, or as our side hustle. Sometimes we'll go full time in property alone. Maybe we develop an income stream sufficient to meet our needs, but then we hit that wall, and we hit the wall of isolation. Particularly if we used to work in a team based environment, or we get a kick out of being with other people. There is only so many times you can just go and sit on your own in Starbucks, or go down to the gym or play golf. You perhaps need a little bit of human company. And yeah, you can go knocking on the estate agents doors, but hey, it's not quite the same thing.
So we talked about that. So Paul was a bit hung up that one. His previous experience and where he wanted to go. So we kind of boil it down to what would... Let me boil it down. [Inaudible 00:13:28] rose up to 35,000 feet. And we talked about, okay, "What are your core skills, what have you actually done?" And he started listing a number of things. "I've done HMO conversions, I've done development, I've done this, I've done that." And I said, "Actually there is a consistency. The consistent theme is you've added value everywhere you've gone. You've done HMO conversion, you've added value. Done a refer, you've added value. You've done a development project, you've added value." And that essentially is what development is. It's adding value. And the thing with development is It's not necessarily the same thing over, and over, and over again.
It's not necessarily a cookie cutter, because the market changes and the needs of the market change. And I think Paul recognized that, and he sort of saw that common thread, and what he might do the very next day might not be the same as he does in one year or two years time. But the consistency would be perhaps to focus on development, and adding value. So we talked about some angles. Perhaps he's going to do some research around that. But the second thing that perhaps he had a bit of a blockage on was structure. He talked about, "Well, what do I need?" "What kind of company do I need, and what should I call it?" And really these things are not that... Could be important actually. Yes, you need it... some sort of business model, and usually let's just tackle the company idea.
If you are trading properties, that means buying and selling. You'll have what's called a trading company. That's it in a nutshell. So you set up what's called a trading company. You buy, you sell, you buy, you sell. And development can kind of fall into that category as well if you're flipping it on. If you plan to buy and hold property, or to develop it and hold the property, you'd have what's called an investment company. So you can have two companies. You could buy... You could well, have one for trading, and one for investing. But that's kind of it really. You could argue you could have a third, which is a proxy management company, but that can get very complicated to have the third company. So you may have that sitting within the property investment company for example, and just have the two. But by all means I think you could have the third company, but that would be it in a sense. So, that's the legal structure.
We're not getting any tax advice, or legal advice and, or financial advice here. Just sort of talking about some options. So that's the structure side of it. And then in terms of branding, I think people get so hung up on this. I think we... In the case of Paul, we boiled it down. So I said, "Well what would be your capacity?" "How many projects realistically per year could you do?" And the answer was two. "Okay, So it's two projects per year." "And what do you need to achieve those projects?" "What you need, you need to find the sites and then you need to fund the sites fundamentally." "There're other things, but fundamentally it's find the sites, fund the sites." "Okay." So, and he has some money. So you could probably find one on his own already anyway.
So when we boiled it down, it was really... He needed to find a... Yeah, we did one site and the money for that one site. So in the next year he needed to find one more site. And perhaps the funding for that one more site too. So I said, "Well, from a branding and a marketing point of view, you just need to find one site, and maybe one or two private investors if that's the way you want to look, because development finance is quite tricky as a fairly new developer without a proven track record, which is relevant." So we talked about all of that. So, that's your audience. There's your avatar. You advertise to attract one or two types of investors who could perhaps come in with you on that type of deal and there may be an agent or a professional working in the sector who could bring you an opportunity that met your criteria.
So when we talk about it that way, the branding, the communication, the way that you go to market, or publicize yourself is then dictated by that. And Paul wasn't... not... He is not a boastful type of a person. He is more shy, I suppose. But as well, you don't have to be bragging, or anything like that or salesy, just... He had a lot of experience so he can bring to bear as well. So we talked about how he could perhaps position himself to share the information, which would also serve to attract people that he might need once he finds the sites, to fund the sites. So very logical, really enjoyed the conversation. I wish Paul all the best. Not sure what's going to happen next, but I'm pretty sure he's got a lot more courtesy as a result.
So that was the same conversation, and I'm sharing these insights because some of them you may relate to. You may be a Naomi. Not necessarily the same sex, but you may be at that sorts of level. Maybe you've just bought your own home. Maybe you're thinking about the future. You may be a Paul. More advanced. Paul was... I don't know his exact age actually, but perhaps in his forties, he's had a career, he's had a successful property business already, and he's looking to maybe turn around a little bit, transition a bit. Not in trouble, just wants more out of life and has more to give, but... That sort of age group. And then the third conversation I've perhaps wanted to share with you is a gentleman call Darren who probably is going to become an apprentice, maybe not now and I'll tell you why in a minute.
On The Property Voice Apprentice Program. And Darren is... He is also around about 30, and we talked about his lifestyle and he kind of wanted to talk to me. He said, "Listen..." I've had a couple of conversations with Darren I hope this is okay to share with you, but I kind of said we're not normal. Now, let me explain that. If you have a burning desire to make, make a life for yourself, do something different, what I call it being in the 1% group. You're not normal. I believe 99% of the people would look at what you do say and wants to achieve in life and go that... You're crazy. And then they'd see you as not being normal. But actually when you're in that 1% group, or you want to be in that 1% group, it's totally normal. It's totally normal to want to start a business.
It's totally normal to want to prepare for your future. It's totally normal to want to invest in yourself. So these things are consistent with being in a lot of sense. So, that's what I mean when I say we're not normal. We're normal in the 1% but we're not normal by the majority. So we're having a bit of a laugh down and on about this. And then in his followup conversation, he said, "Well, you'll never guess what, but I've been thinking about..." I was going to mention FIRE, which I've mentioned to a couple of people recently. FIRE is Financial Independence and Retire Early. It's a movement. If you can look it up, the FIRE movement. Financial Independence and Retire Early movement, and it's basically all about people often in their twenties and thirties who are aggressively saving, and investing so that they'll have a nest egg which they could live on for the rest of their life from probably about 10 years time.
So there's a really big deal about it by now. Again, it's not normal, but it's more commonplace than you might imagine. So we're having this conversation. Darren said he was looking at his own cost of living and he was really starting to think, how could he save money? How can they save money so they can invest? But equally how can they live the lifestyle in the way that they wanted to live at the same time? And he just came up with this idea and he hadn't got a solution. He just said, I'm going to sell the house or refinance the house now, and I'm going to, we're going to build a van or... Sorry, not build a van. They're going to convert a van into a motor home, and essentially they will live in the motor home. And then they're going to work on projects to... With NGOs in Europe to help with providing affordable housing, or housing for the homeless, and it's basically voluntary work.
So they get to live free, but they give the time for these projects and they live in their motor home converted van, which I think is brilliant by the way. And I knew a bit about it because of my own eldest daughter is a [inaudible 00:21:22] van life. We call it van life, and she's looking at wanting to do something similar. So, if we could have a bit of a chat about it to Darren. And I think me and my wife sponsored Natalia, our daughter's air conditioning unit for her van, which we didn't even talk to her about that. Anyway, I don't want to digress. And he was saying, "Look, this is what I'm thinking of doing. Am I crazy or sort of a thing?" And we talked about it. I said, is this what you really want to do in life?
He said, "Well, yeah." He said, "I was just wondering is there a way to combine it?" And the answer was yes, there is. And so we started talking about how that can be possible. So how could it be possible? He could potentially, for example, go and work on a project within an NGO for a few months and then come back to the UK, probably still in the motor home, and what kind of property deal for a few months. Some of the work can be done remotely. Not all of it has to be done while you're physically present. That was one model. So one model is just split your time essentially on the project, on your proxy business. On the project, on your proxy business. So, that was one model. The second model could be essentially what I call the outsourced model. So they go off and they do the NGO work they're doing, but they're going to have a probably a dirty... A satellite dish on top of the van that they're converting with good WiFi connection and they could do pretty much what they need to do remotely.
Yeah, sure. Now and again, they'll need to come over, meet people who are working on their business for them and there'll be a cost associated because they have to pay people to do stuff, which perhaps they would do otherwise, but they could... I'm thinking that's perfectly feasible. Just Tim Ferriss, Four Hour Work Week and all that. It's perfect you can see what... I do a lot about myself already. So we talked about it. A couple of different models. We haven't really got into the conversation in great detail, but that would be what I call a designer lifestyle that would work for Darren and his partner. They would have their... An asset in the UK, which they could leverage to invest in property in the UK. They could reduce their cost base by living in the motor home. They could go and do the work that they are really passionate about. The sustainable environment or NGO type of voluntary work. At the same time they could build a living for themselves with property even on the one project on, property project on, type of basis or doing it on an outsource basis.
So what am I really saying about this? I'm saying there're different ways of slicing and dicing your plans, your goals, your vision according to your set for your circumstances. And yeah, here's the news. Naomi, Paul and Darren. We're not normal. We're not normal, but this is great. I feel fantastic to say I'm not normal because sometimes I get frowned at for what I do. Look at how I spent my birthday, look at how I spent the 6th of February. I was able to do all I wanted to do completely on the 5th of February, my birthday. I was able to take these calls with these free people with no real agenda. At the end of the day, I was just happy to do that. And that's what property investing and proxy developing has been able to afford me. So I feel very blessed about that.
So that's that and perhaps I'll maybe finish with one of the thing which actually relates to me and my business, and I'll be very honest with you. I've had a bit of a problem with one of my projects, and essentially I wanted to build out a development in two stages. I have preexisting planning approval to build a four, and three bedroom houses, and... But it's not totally viable as three beds, but it would be as four beds. So under the planning approval that was granted permitted development rights weren't removed.
Sometimes if you get planning approval, the plan is removed, permitted the development rights, which basically means if you want to do further development of a... That would normally be permissible of a permissive development such as an extension or loft conversion for example. Then you need to go back and get full planning permission because they remove the rights that you would otherwise have. Which would you wouldn't need planning permission for or I saw. I was going to basically build the project or build the properties out as the three beds, get them signed off and then convert them off. We do some prepare preparation work there, but we convert the loft to create a fourth master suite, and that would be a much more viable and attractive project. We just have to do in two stages. That's all.
Now I'd like an investor. Sorry, a funder, not on investor to support me with development finance for this, but long story short, they weren't so keen on the two step process and they thought, well why don't you just go and get a minor amendment to your planning approval to allow the loft conversion and then we could just build it out in one stage and it's just going to be a lot better for us and I'll run. It's like, Mm-mm, I don't really want to do that, but I can get a minor amendment through in about 28 days as opposed to full planning application, about three months off or okay, for the sake of 28 days we'll put in then another event approval. Hopefully we get it. And then we just crack on. The planning department basically came and said, we don't think this is a minor amendment. We want to see a full application. So bear in mind that over the last 28 days, by this point in time plus a bit more, because we had to do some new plans and drawings anyway, so it's probably like six to eight weeks in fairness.
And then the planners didn't see it as a minor amendment. They thought they'd rather see a full application. So there I am. This came... This news came in on Friday quite nicely there. I was like, "Oh no, what are we going to do?" I don't know what we're going to do. The funders insisting on this, the planners have basically said, no way. Do you know I'm going to have 13 weeks and more probably to put in a full application, which is time. There's a risk they may not approve it. There is costs associated with that. So I don't know. I was just... It wasn't the best news basically, I could have had on a Friday afternoon. But here's the thing, I just wanted to sort of leave you this thought really for now. I've very often got into what we call possibility thinking and usually what it means is, is giving my subconscious mind the problem.
So I sleep on it, in other words, and that's what I did. I was like, "I don't know what I'm going to do." Well, we said, actually we've work to do on this particular project because we kind of feel a bit hamstrung a bit and hemmed in. I didn't really know what to do so I still kind of sleep on it, commit it to my subconscious mind. Went to bed. Next morning, Lo and behold, Uh-huh I'm making a cup of coffee. It's quite early in the morning, I'm on my own in the kitchen, and I just love to put my hands in the air and I've finally got it. Changed the funder. Change the funder. The funder was the one that insisted on going into changing my two step process development process into our one step, and this is causing me all sorts of problems. It's delaying my project it's making it more complicated, it's making it more costly.
Now the planners have said no to the minor amendment that's going to throw a lot more risk, and, time and costs into the project and the funding of course. There may be other conditions that we don't satisfy. In any case, there's a long list of things they want to see before they really actually give us the money. So I'm like, "Yes, change the funder." So, okay. Fair enough. I'm going to change the funder. I didn't actually know who I was going to change to, and whether I could actually overcome the problem until today. I'm now recording this on Monday, so that was Friday and Saturday morning, and today's is Monday. I had a phone call today with a private investor that was back to some of my projects in the past. I run it through by them. I said, "This is situation. I plan to go for this two stage process is perfectly acceptable way to develop out the project. What do you think?" And they said, "Yep, sounds good to me." And actually then he said, "Oh, I have some funds." I didn't know they did.
I didn't know they had funds. They have some funds. Yeah, I'm waiting to do something actually funny enough with me... With those funds. But this sounds like it'll work. So long story short, change the funder, or have the problem committed into subconscious mind. Realize that the problem was sticking with the funder and that's one of the... My positive traits is my integrity. I did say to this funder, I'd do this deal with them and I'm sticking to it, but actually it's just becoming harder and harder for me to do that.
So I actually am what was going to be best for my business was to change the funder. That was a decision I took on Saturday. On Monday, I had a conversation with a private investor, and lo and behold, he's agreed to do the deal and do it in the way that we want to do it. So he wasn't... He didn't have the funds, by the way, when I first had the problem. So perhaps I had to go through all this pain and time to get to this place. But there you go. I just wanted to show that... Share that rather, and I call it possibility thinking and committing things to our subconscious mind. And it's amazing what we have lying within us. We have a lot of answers that lie within us that are ready just to be used. When we're not really... We have to get out of our own way. It's what I'm trying to say.
We can overthink things. We can get bogged down with things. We can have glass ceilings, limits and boundaries that we put on ourselves. And of course we don't have all the answers that immediately come to mind, but actually just committing it to our subconscious mind, or indeed to other people to gain suggestions from other people as well is another way of achieving this same kind of possibility thinking, creative solution orientation. I think it's one of the core competencies of being a successful developer because it isn't easy as a developer in particular. It isn't easy. People think developers make loads of money and all comes easy but it's not. I can assure you. Anyway, so that was my own little story at the end of the week. But... So I hope a bit of a different one this time.
None of this is scripted. I've just thought about the stories that I wanted to share with you today. Three from the people that I wanted to share with Naomi, Paul and Darren and of course name check in for my own mastermind group and I did my own story. So maybe you can relate to some of these. Hopefully some of it. You can take away. I've tried to put in there some other learnings, some other sort of hot topics, or takeaways if you'd like that you could take out of that. That's the intention of this particular share today. Totally unscripted. As I say, I do show note transcription and sometimes it comes out a bit hazy because it's kind of done by a kind of a quasar robot and a human just looking at it. So if you see the errors in the show notes, that's why.
So there's sometimes it doesn't always come out right and I do ramble a little bit, let's say, but there we go. I think I better just draw a line right now and close off for this week. I wanted to share that with you. I hope you got value out of it. The show notes, are going to be over at the website, thepropertyoice.net as they always have. If you want to talk to him about anything that's come out from today's show or anything at all, you can reach me podcast@thepropertyvoice.net and just a little reminder that my telephone number is on the website. So, if you want to have a chat, like can Naomi, or Darren, or Paul did for example, I say you can do that. Don't try and reach me at the weekend. Don't try and reach me too... Beginning and too in the mornings or too late at night, maybe weekday afternoons, maybe your lunch time, something like that it'd be a good time to reach me.
If you want to just have a general chat, I do deliberately carve out time to have those sort of conversations with people and I really get a lot from it. So by all means, reach out to me. I'd love to hear from you, but all that remains for me here to say is thanks once again for listening to the property voice podcast this week, and until next time it's ciao ciao.
That's all from me this week, remember if you want to talk about anything from today’s show, or just talk property investing more generally, email me at podcast@thepropertyvoice.net, I would be happy to hear from you! The show notes can be found at our website www.thepropertyvoice.net
Thanks very much for listening again this week, so all that left to say is ciao ciao!