After the hugely successful first Property Summits seminar back in February 2020, the expert panel have returned to give their views and advice on the unprecedented challenges presented by the coronavirus crisis. This was a great chance for experienced and novice property investors to hear from those who’ve been there, done it and lived through the trials and tribulations of property investment.
DATE THE CHAT SHOW AIRED: Thursday 30th April, 10:00am
HOSTED BY: Kate Faulkner, Property expert and a regular on TV and radio
HOW TO WATCH: Watch the full recording now via This Link
GUEST SPEAKERS: Tony Gimple, John Howard, Nicholas Wallwork, Paul Maloney and Richard Bush
The live discussion took in a range of different subjects which included: –
• How to proceed with land/commercial property purchases during the coronavirus crisis
• How to identify solid commercial investments and which ones are worth pursuing
• What opportunities will emerge in the next 6 to 12 months
• Ways to control your finance costs during extended property development timelines
• Advice on the different forms of financial assistance offered by the government
• How to be creative when attracting new tenants during the Covid–19 crisis
• The importance of tax planning for the future
• Managing the risks of working with business partners
Tony Gimple
Tony is the founder of Less Tax 4 Landlords, a regular commentator in the national press on property matters, accomplished speaker and an expert in tax planning and estate management. This is an area of business which many people fail to appreciate until it is too late. However, the sooner you start tax and estate planning the better.
John Howard
John is somebody we have worked with on numerous occasions at Property Forum and he has more than 40 years of experience in property investment/property development. The director of numerous successful property companies he is also an accomplished author, event speaker and well-respected mentor.
Nicholas Wallwork
Property investor, developer and CEO of the world’s largest international property forum, in the shape of Property Forum, Nicholas has also released a number of “International for Dummies” guides. Is experience in the world of property development/private rental is priceless especially in the current challenging climate surrounding the coronavirus.
If you missed the seminar you can catch up on the Property Forum YouTube channel: –
Paul Mahoney
As the founder of Nova Financial Group, Paul has a deep and insightful knowledge of the UK property market. An entrepreneur, bestselling author, property TV show host and award-winning speaker, Paul brings a lot to the party. He is also a qualified/experienced IFA not to mention an expert in private rental accommodation and property investment.
Richard Bush
Richard Bush is the co-founder of Crowdlords, a cutting-edge crowdfunding platform which has shown huge growth in recent years. He is also an expert in marketing with particular focus on B2B branding which is an area of business which many people often overlook. It was certainly interesting to hear his views on the current market and prospects for the future.
Guest host Kate Faulkner
As a leading UK property expert Kate is a regular on BBC TV and radio providing regular property market analysis and cutting-edge news. She is also an accomplished property author and founder of www.propertychecklists.co.uk. Kate’s extensive media experience meant that the online seminar was in exceptionally good hands!
Prospering through adversity
Property Summits was a huge success when launched in February 2020 hence demand for the April 2020 follow-up. Between them, the panel of five experts have in excess of 100 years of experience in the property market. While it is safe to say that nobody alive today has seen anything quite like the coronavirus pandemic, there are still strategies and actions you can take to protect your finances and assets. We saw certain elements of the property/financial markets adapting to the lockdown, with many boasting business as usual, and when we come out of the lockdown it will be full steam ahead. Don’t be slow off the blocks!
Spotting opportunities for the future
Interestingly, with the vast majority of successful property investors utilising a long-term investment strategy, the five experts on the panel each gave their opinion on prospects for the future. Yes, we appreciate that many property investors are focused on the short-term and “getting through the crisis” but it is also helpful to look to the future. Over the coming weeks there will be numerous investment opportunities emerging and it is possible to prosper through the adversity of recent times. The subject of diversification is extremely important; financial strength is critical to long-term success and so is making the right decisions at the right time.
Remain clear and focused
The key to exiting the coronavirus crisis with your investments intact is to remain clear and focused at all times. Even though there are numerous challenges, many different things to think of and some issues out of your control, focus and clarity are vital. Learn ways to minimise your short-term loan repayments, protect rental income and start to plan for the future. Property investment can be an educational rollercoaster and in all honesty we never stop learning.