Welcome to Episode 18 of 'Inside Property & Finance' – the go-to podcast for all things property and investment strategies! In this episode, hosts Paul and Steve from Express Mortgages tackle a burning question for first-time landlords: What sort of property should you go for when diving into buy-to-let investments?

Comparing the decision to picking a life partner, Paul and Steve explore the nuances of property choices for budding landlords. Paul advocates for houses over apartments and breaks down the reasoning behind his preference. The duo delves into the crucial factor of risk assessment associated with different property types, providing valuable insights for those trying to figure out the complex world of property investments.

Drawing from their own extensive property portfolios, the hosts emphasise the paramount importance of location, emphasising that the key to a successful investment often lies in the mantra: location, location, location. Steve recounts his personal tale of two properties in Liverpool, situated just a 5-minute walk from each other. One thrived with impressive capital growth, while the other faced challenges – Steve candidly shares the reasons behind these outcomes.

In a fascinating twist, Paul puts Steve in a metaphorical time machine, prompting him to advise his 20-years-younger self on property investments with the knowledge he now possesses in 2024. Steve's insightful response? Be aggressive whilst you’re young, use your time for recovery, and leverage the use of other people's money even if you have a big pot of funds. He also stresses the importance of continuous education in the ever-evolving world of property and finance which we strongly advise checking out the education programmes at Paul McFadden Wealth.

Whether you're a seasoned investor or a first-time landlord, this episode is packed with practical tips, personal anecdotes, and strategic advice to guide you through the maze of property investment. Tune in to 'Inside Property & Finance' Episode 18 and take a step closer to mastering the art of real estate success!