A Wealthy Life

Welcome to A Wealthy Life, a podcast by author and wealth strategist Vicki Wusche. This brand new series is filled with practical tips, insights and a touch of humour covering all things wealth, money, and financial education, helping you to rethink your relationship with money and time. If you have started to realise that time is worth more than money – and even more so if you haven’t, then A Wealthy Life is the podcast for you. If you're a business owner, contractor or leader of industry – are you tired of missing out on family life? Do you wish you were the one in charge of how you spend your time? Then A Wealthy Life is the podcast for you. Do you just want to feel more comfortable around money and investments, and know that you are financially resilient no matter what this decade dreams up next? Then A Wealthy Life is DEFINITELY the podcast for you. Follow and subscribe now to never miss an episode. Connect with Vicki on LinkedIn, Facebook, Instagram and YouTube: https://linktr.ee/VickiWusche

Ep 165 - The Confidence Gap - Why Women Hesitate with Money and How to Fix 04/24/2025

Ep 165 - The Confidence Gap - Why Women Hesitate with Money and How to Fix Could a fear of maths be quietly limiting women’s potential - in careers, decision-making, and financial independence? This episode explores the confidence gap many women experience around money, and how it impacts everything from career choices to family life. Societal norms that discourage open conversations about finances are challenged, shedding light on why so many capable women still struggle with financial confidence -despite often achieving stronger investment returns than men. Economic inequalities, including the well-known “pink tax”, are examined in depth, along with the ways these disparities shape spending habits and limit financial freedom. Insights drawn from both history and personal experience help to highlight the importance of feeling valued in the workplace. Key challenges such as the gender pay gap, costly childcare, and the career setbacks caused by breaks from the workforce are all addressed - showing how they contribute to long-standing financial imbalances. This episode offers practical steps to help build financial resilience - from keeping savings ahead of inflation to opening an investment account. Resources like my free course are shared to support women at every stage of their financial journey. Financial management can become a source of empowerment rather than stress. This episode aims to inspire a mindset shift - one that creates momentum, confidence, and a lasting sense of freedom. Access my free course - To watch this episode on YouTube: Connect with Vicki: Visit my website to learn more Booking calendar - Access the free resources: Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. Browse Books by Vicki: Or read the following Ebooks on 9 Critical Property Principles The De-Job Yourself Manual: Break your reliance on a monthly wage The Values Manual: Understand what your values are and how they can be key to a successful business The Goal Setting Manual: Create meaningful and practical goals then achieve them /episode/index/show/a487427e-c2bc-4712-887d-537009eed510/id/36278260

Ep 164 - How to overcome your fear of investing 04/17/2025

Ep 164 - How to overcome your fear of investing Ever wondered why investing feels like a minefield to some, yet a pathway to financial freedom for others? This episode dives deep into the fears that often surround investing, offering clarity drawn from over two decades of property investment experience. Discover the real risk of letting money sit idle in a bank account, slowly losing value to inflation. Through personal stories and practical insights, this discussion explores why property often feels more secure than the sometimes elusive stock market. Understanding and education emerge as powerful tools for confidently navigating the investment landscape, with mindset shifts playing a key role in starting the journey. Playing it safe might just be the riskiest move of all. Using the analogy of planting a tree, this episode breaks down how to assess risk tolerance and align financial goals with personal values. Learn about the hidden cost of inaction and the importance of growing savings faster than inflation. Whether property investment sparks interest or the stock market seems appealing, valuable tips are shared on using tax-free options like ISAs for smaller investments, and platforms like Raisin to boost savings. The goal? To move past fear and into informed, empowered financial decisions. Access my free course - To watch this episode on YouTube: Connect with Vicki: Visit my website to learn more Booking calendar - Access the free resources: Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. Browse Books by Vicki: Or read the following Ebooks on 9 Critical Property Principles The De-Job Yourself Manual: Break your reliance on a monthly wage The Values Manual: Understand what your values are and how they can be key to a successful business The Goal Setting Manual: Create meaningful and practical goals then achieve them /episode/index/show/a487427e-c2bc-4712-887d-537009eed510/id/36152785

Ep 163 - Why You Must Take Control of Your Money NOW 04/10/2025

Ep 163 - Why You Must Take Control of Your Money NOW What if you could take control of your financial future today - no waiting, no delays? If you're a woman ready to embrace financial independence, consider this your call to action. I’ll be sharing powerful insights from the Smart Woman's Ultimate Guide to Money and Investing, a must-have resource that will boost your financial confidence, unlock wealth-building opportunities, and give you the resilience needed to achieve lasting security. Ever thought about diving into property investment but didn’t know where to start? This episode breaks down why having a solid financial plan is key - and why taking that first step right now is critical. Whether you're just beginning your financial journey or looking to level up your investment game, you’ll find both inspiration and actionable advice to help you claim the financial freedom you deserve. Tune in and learn how to turn uncertainty into confidence and opportunity, setting the stage for a secure and prosperous future. Access my free course - To watch this episode on YouTube: Previous episodes for recommended listening Connect with Vicki: Visit my website to learn more Booking calendar - Access the free resources: Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. Browse Books by Vicki: Or read the following Ebooks on 9 Critical Property Principles The De-Job Yourself Manual: Break your reliance on a monthly wage The Values Manual: Understand what your values are and how they can be key to a successful business The Goal Setting Manual: Create meaningful and practical goals then achieve them /episode/index/show/a487427e-c2bc-4712-887d-537009eed510/id/36055440

Ep 162 - The myth of gender equality 04/03/2025

Ep 162 - The myth of gender equality Welcome to another episode of A Wealthy Life! Today’s episode dives into “The Myth of Gender Equality” and uncovers the persistent financial inequalities that exist between genders. The conversation opens with an exploration of how these disparities impact both women and men - touching on everything from wages and working hours to pensions and long-term financial security. We take a closer look at the belief that gender equality has already been achieved, and unpack the societal structures that continue to drive financial imbalance. This episode challenges the assumption that equal opportunity naturally leads to equal pay, shedding light on how systemic inequalities reveal themselves - through caregiving responsibilities, reduced working hours, and cultural taboos surrounding money, especially for women. The discussion also extends to the global scale of gender pay gaps and what they mean for women’s financial stability, particularly in retirement years. You’ll hear striking statistics and projections that underscore the urgency of this issue - not just for women, but for society as a whole. No matter your gender, the insights shared in this episode can help you navigate your financial journey and support a more equitable future for all. Let’s open the dialogue for change and rethink the way we approach financial equality - both personally and collectively. Don’t forget to subscribe, leave a review, and share your thoughts with us! --------- EPISODE CHAPTERS --------- 00:00 Gender Equality Funding Challenges 04:13 Addressing Caregiving and Work Disparities 07:58 Gender Pay Gap Worsens Pension Gap 12:27 Pension Inequality and Women's Challenges 14:49 Divorce, Finances, and Inequality To watch this episode on YouTube: Connect with Vicki: Visit my website to learn more Booking calendar - Access the free resources: Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. Browse Books by Vicki: Or read the following Ebooks on 9 Critical Property Principles The De-Job Yourself Manual: Break your reliance on a monthly wage The Values Manual: Understand what your values are and how they can be key to a successful business The Goal Setting Manual: Create meaningful and practical goals then achieve them Join A Wealthy Life Community: Access my free course - /episode/index/show/a487427e-c2bc-4712-887d-537009eed510/id/35933145

Ep 161 - Build Wealth that lasts and Family Finances Stronger - Why Property Investment is the Smart Move 03/27/2025

Ep 161 - Build Wealth that lasts and Family Finances Stronger - Why Property Investment is the Smart Move Ever wondered how property investment can serve as your shield against inflation? Tune in as Katie Vye from Better With Money turns the spotlight on me to unravel the mysteries of property investing. We discuss the mechanics of finance, stripping away the intimidating jargon to reveal how inflation, interest, leverage, and compounding can become your allies in the quest for wealth. Our mission is to empower women to overcome barriers such as doubt and misinformation, providing the clarity needed to ensure investments consistently outpace inflation. Our conversation ventures into the heart of strategic money management, drawing from personal experiences that range from managing student grants to mastering the art of property investment. Learn how to treat rental properties as a business, and grasp the significance of tax-efficient strategies when investing through a limited company. We explore the impact of regulatory changes like Section 24 on mortgage interest tax treatment and the benefits of aligning investment strategies with personal financial goals. By offering practical insights and reflecting on real-life experiences, we aim to inspire listeners to make informed and confident financial decisions. We also delve into the potential risks associated with property investment and how to mitigate them. From conducting thorough tenant due diligence to understanding the unpredictability of government regulations, we discuss the tools available to safeguard your investments. We highlight the importance of fact-checking financial advice and seeking guidance from professionals, steering clear of uninformed opinions that could jeopardise your financial future. Whether you're a seasoned investor or simply curious, our discussion arms you with knowledge and confidence to explore property investment as a rewarding financial avenue. --------- EPISODE CHAPTERS --------- (0:00:10) - Property Investing and Beating Inflation (0:12:25) - Maximising Money With Smart Investments (0:18:50) - Leverage and Compounding in Property (0:31:36) - Tax Implications and Investment Strategies (0:35:50) - Strategic Property Investment for Tax Efficiency (0:44:20) - Building Wealth Through Strategic Property Investment (0:52:28) - Mitigating Risks in Property Investment (1:01:58) - Avoiding Financial Risks With Informed Choices To watch this episode on YouTube: Follow Katie: LinkedIn: Instagram: YouTube: Connect with Vicki: Visit my website to learn more Booking calendar - Access the free resources: Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. Browse Books by Vicki: Or read the following Ebooks on 9 Critical Property Principles The De-Job Yourself Manual: Break your reliance on a monthly wage The Values Manual: Understand what your values are and how they can be key to a successful business The Goal Setting Manual: Create meaningful and practical goals then achieve them Access my free course - /episode/index/show/a487427e-c2bc-4712-887d-537009eed510/id/35856985

Ep 160 - Money Made Simple - Is the Language of Finance Leaving Women Behind? 03/20/2025

Ep 160 - Money Made Simple - Is the Language of Finance Leaving Women Behind? Financial confidence takes centre stage in this compelling conversation with Katie Vye from Better With Money. Katie shares her expertise on the gender confidence gap in financial literacy, exploring why women often feel less assured than men about their financial acumen despite having similar educational backgrounds. This gap doesn't just stop at money matters - it extends to areas like job applications and salary negotiations, further fueling the gender pay gap. Katie passionately discusses strategies to empower women, bridging these confidence disparities by enhancing their financial literacy and self-assurance. We pull back the curtain on the complex relationship between fear, courage, and financial knowledge. Fear, often rooted in a lack of understanding, creates barriers that can stifle sound financial decision-making. Through demystifying financial language, we highlight how individuals, particularly women, can break free from these constraints. Personal anecdotes illuminate the shifting dynamics in household financial decisions, fostering discussions that challenge traditional gender roles and build confidence through open financial dialogue. The episode extends into the realm of financial equality, addressing the disparities that emerge from a young age in financial education and treatment. With insights from recent talks with women's employee groups, we shine a light on common themes of financial insecurity and the critical need for investment knowledge. Resources like Money Helper and Better With Money serve as vital tools to simplify financial education. We conclude with a look ahead, where achieving financial literacy and confidence paves the way for exploring property investment and securing family finances. --------- EPISODE CHAPTERS --------- (0:00:11) - The Confidence Gap in Financial Literacy (0:12:12) - Overcoming Fear and Building Confidence (0:22:13) - Equal Treatment and Financial Literacy (0:27:23) - Confidence and Courage in Financial Literacy (0:34:15) - Empowering Women Through Financial Education To watch this episode on YouTube: Follow Katie: LinkedIn: Instagram: YouTube: Connect with Vicki: Visit my website to learn more Booking calendar - Access the free resources: Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. Browse Books by Vicki: Or read the following Ebooks on 9 Critical Property Principles The De-Job Yourself Manual: Break your reliance on a monthly wage The Values Manual: Understand what your values are and how they can be key to a successful business The Goal Setting Manual: Create meaningful and practical goals then achieve them /episode/index/show/a487427e-c2bc-4712-887d-537009eed510/id/35743795

Ep 159 - Live Life on Your Terms - Build Wealth your Way 03/13/2025

Ep 159 - Live Life on Your Terms - Build Wealth your Way What if the pressure to keep up with social media's picture-perfect lives is quietly eroding your financial confidence? oin us for this second episode of a four part series as we tackle the challenges of living life on your own terms in today's fast-paced, social media-driven world. Together with our guest, Katie Vye from Better With Money, we explore how the pressure to keep up with curated online images can erode our financial confidence and decision-making. Discover how shifting your focus from external validation to personal fulfilment can transform your financial life. Katie shares valuable insights on aligning financial decisions with personal values and sheds light on the pressures of raising children amidst competitive social expectations, like extravagant birthday parties. We discuss the importance of having open money conversations with children, equipping them to navigate the "want it now" culture spurred by online shopping. Through personal anecdotes, we highlight the generational shift in money management and how digital transactions have diminished our awareness of spending. By involving children in financial discussions and focusing on the value of memories over material possessions, we aim to establish healthy financial habits and awareness from an early age. In the latter part of the episode, we uncover the pitfalls of online shopping and discuss strategies to regain control over impulsive spending. Through practical tips like the "bank statement challenge" and tracking expenses, we encourage you to build financial awareness and stability. Don't miss this chance to enhance your money mindset and confidence as we inspire you to pave your own path to financial empowerment. --------- EPISODE CHAPTERS --------- (00:10) - Living Life on Your Terms (14:06) - Navigating Money Conversations With Children (22:15) - Tracking Expenses for Financial Awareness (33:31) - Online Shopping Pitfalls and Budgeting (43:48) - Choosing Financial Empowerment Through Awareness To watch this episode on YouTube: Follow Katie: LinkedIn: Instagram: YouTube: Connect with Vicki: Visit my website to learn more Booking calendar - Access the free resources: Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. Browse Books by Vicki: Or read the following Ebooks on 9 Critical Property Principles The De-Job Yourself Manual: Break your reliance on a monthly wage The Values Manual: Understand what your values are and how they can be key to a successful business The Goal Setting Manual: Create meaningful and practical goals then achieve them /episode/index/show/a487427e-c2bc-4712-887d-537009eed510/id/35630565

Ep 158 - Closing the Wealth Gap: Why Women Must Take Charge of Their Financial Future 03/06/2025

Ep 158 - Closing the Wealth Gap: Why Women Must Take Charge of Their Financial Future Is the 9-5 workday undermining women’s financial security? Together with Katie Vye from Better With Money, we challenge outdated norms and dissect the gender pay gap that limits women's financial independence. Our conversation sheds light on the reality of caregiving roles and societal expectations, revealing how they hinder career progression and pension contributions. Katie brings her expertise from Better With Money to highlight the urgent need for women to take control of their financial futures and offers practical advice to navigate these systemic barriers. In a world where women earn significantly less than their male counterparts, particularly in high-profile sectors, we address the invisible burdens of balancing work with family life, such as the overwhelming costs associated with childcare. This episode serves as a call to action for structural changes and encourages open dialogues with employers about flexible working conditions. Our discussion explores how societal stereotypes about gender roles in finances are gradually evolving. The episode addresses critical issues like pension entitlements during divorce and the impact of menopause on women’s careers. By advocating for open financial discussions in relationships, we aim to foster financial confidence and independence, empowering women and enriching their partnerships. --------- EPISODE CHAPTERS --------- 00:10) - Empowering Women Through Financial Education (07:53) - Navigating Financial Challenges for Women (16:30) - Breaking Down Gender Financial Stereotypes (24:08) - Building Confidence Through Financial Conversations (38:24) - Empowering Financial Knowledge and Confidence To watch this episode on YouTube: Follow Katie: LinkedIn: Instagram: YouTube: Connect with Vicki: Visit my website to learn more Booking calendar - Access the free resources: Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. Browse Books by Vicki: Or read the following Ebooks on 9 Critical Property Principles The De-Job Yourself Manual: Break your reliance on a monthly wage The Values Manual: Understand what your values are and how they can be key to a successful business The Goal Setting Manual: Create meaningful and practical goals then achieve them /episode/index/show/a487427e-c2bc-4712-887d-537009eed510/id/35531130

Ep 157 - Panto Villains, Bad Legislation, and a Touch of Controversy with Russell Quirk - Part 1 02/27/2025

Ep 157 - Panto Villains, Bad Legislation, and a Touch of Controversy with Russell Quirk - Part 1 Tune in as we take a provocative look at the realities of private landlordship with Russell Quirk, a seasoned expert in the property industry. We challenge the often negative stereotypes of landlords portrayed in the media and explore the crucial role they play in the housing sector. Discover how private landlords help fill the gap created by the shortage of affordable housing and the decline in homeownership rates. Russell shares insights into the real experiences of being a landlord, highlighting their empathy and contribution to providing housing solutions. We explore the factors driving UK house prices and question whether housing is truly unaffordable. We examine the lack of supply in relation to demand from a growing population and consider the impact of interest rates on affordability calculations. Cultural influences, including the pressures of social media to project success through homeownership, also play a role. This chapter provides valuable insights into how these elements interact, shaping both the housing market and individuals' perceptions of affordability. Reflect on the impact of materialism on millennials and how shifting perceptions of luxury and necessity influence spending habits and expectations. We discuss the decline in the durability of consumer goods and the resulting pressure to purchase new items, drawing parallels to challenges in the housing market. As we conclude, consider whether it's easier for first-time buyers to purchase property today compared to decades ago, encouraging critical thinking about the effectiveness of governmental decisions in serving the long-term needs of the country. Subscribe and make sure to join us for part two --------- EPISODE HIGHLIGHTS --------- (0:00:09) - The Realities of Private Landlordship (0:12:57) - Factors Driving UK House Prices (0:27:54) - The Impact of Materialism on Millennials (0:38:15) - The Impact of Consumerism on Housing (0:45:24) - The Future of Property Ownership To watch this episode on YouTube: Connect with Russell: Website: Connect with Vicki: Visit my website to learn more Booking calendar - Access the free resources: Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. Browse Books by Vicki: Or read the following Ebooks on 9 Critical Property Principles The De-Job Yourself Manual: Break your reliance on a monthly wage The Values Manual: Understand what your values are and how they can be key to a successful business The Goal Setting Manual: Create meaningful and practical goals then achieve them /episode/index/show/a487427e-c2bc-4712-887d-537009eed510/id/35411795

Ep 156 - An Accountants approach to consolidation and business development with Craig Hopkins 02/20/2025

Ep 156 - An Accountants approach to consolidation and business development with Craig Hopkins What happens when an experienced accountant takes on the world of property investment? Tune in for this insightful conversation with Craig Hopkins from Property Accounts as he shares his expert knowledge on the accountant's perspective to property management. Craig walks us through the crucial phases of a property investment journey, focusing not just on the buying process but also the significance of maintaining and optimising your portfolio for lasting financial success. Regular reflection on your property investments can make all the difference in aligning them with your personal goals and risk tolerance. Craig and I discuss the need for setting aside funds to prepare for economic fluctuations, like interest rate hikes, while maintaining financial stability. We equip you with practical strategies for creating a financial war chest to navigate downturns, ensuring you’re always ready to seize opportunities in undervalued markets. This episode is packed with insights on mortgage management tactics, highlighting the importance of strategic debt repayment and the necessity of regular reviews to keep your financial plans adaptable and robust. Personal finance and property investment go hand in hand, and Craig helps us explore how small lifestyle changes can fuel substantial investment goals. We also delve into the nuances of mortgage strategies, from short-term loans to targeted repayment plans, and the importance of working with a competent team to optimise your investments. Craig’s wealth of experience, both as an accountant and investor, adds layers of depth to our discussion, offering listeners a roadmap for successful property investment. Be sure to have your pen and paper ready to capture these invaluable insights, and subscribe so you don’t miss future episodes. --------- EPISODE HIGHLIGHTS --------- (0:00:10) - Accountant's Approach to Property Investment (0:09:22) - Property Investment Planning and Review (0:14:49) - Strategic Financial Planning for Property Investment (0:24:43) - Personal Finance and Risk Management (0:30:30) - Property Mortgage Management Strategies (0:38:01) - Loan Repayment and Property Investment (0:46:45) - Value of Team Experience in Property To watch this episode on YouTube: Recommended listening : Episode 117 - Craig Hopkins – Taking Care of Your Money is Key to Success Episode 121 - Craig Hopkins PT2 – Property Horror Stories – Buddleia, Bodies and Banks Follow Craig on: Website: Connect with Vicki: Visit my website to learn more Booking calendar - Access the free resources: Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. Browse Books by Vicki: Or read the following Ebooks on 9 Critical Property Principles The De-Job Yourself Manual: Break your reliance on a monthly wage The Values Manual: Understand what your values are and how they can be key to a successful business The Goal Setting Manual: Create meaningful and practical goals then achieve them /episode/index/show/a487427e-c2bc-4712-887d-537009eed510/id/35331595

Ep 155 - Don’t get left behind - the NRLA providing education and a voice for landlords with Alex Nolan 02/13/2025

Ep 155 - Don’t get left behind - the NRLA providing education and a voice for landlords with Alex Nolan Welcome to another valuable episode of A Wealthy Life where I am joined by Alex Nolan from the NRLA (National Residential Landlords Association) to discuss the latest changes affecting landlords, including the Renters Rights Bill and the critical role the NRLA plays as a collective voice for landlords. Learn about the benefits of joining the NRLA, from the training and accreditation offered to ensure you maintain a professional standard and stay ahead of legislative changes, to the extensive library of resources and the hotline support available when challenges arise. Discover how being an accredited landlord not only helps you succeed in managing your property investments but also contributes to providing quality homes to tenants, thereby influencing a positive shift in public perception. We explore the challenges landlords face, the motivations behind property investments, and how the NRLA is working hard to not only represent landlords but also safeguard the interests of tenants. This is an essential listen for anyone involved in the property market aiming for long-term success! In this insightful episode we address the vital need for landlord unity and advocacy, offering hope and guidance to navigate the changes in legislation impacting the property rental sector. Make sure to check below for for links to join the NRLA, the upcoming Renters Rights Bill course, and additional resources to empower you as a landlord. Please leave us a review and subscribe to stay informed with A Wealthy Life! --------- EPISODE CHAPTERS --------- (0:00:11) - Challenges Faced by Landlords NRLA discusses challenges faced by landlords, including legislative changes and the need for education and support in managing property. (0:13:18) - Landlord Education and Safety Concerns Landlords must turn policy into practice, prioritise tenant safety, and understand the 'why' behind regulations. (0:21:44) - Lobbying for Landlord Rights The challenges of removing Section 21, reliance on Section 8, court strain, mediation, and landlord support. (0:28:46) - Landlord Accreditation and Advocacy NRLA advocates for landlords' needs, encourages member feedback, and offers accreditation for quality homes. (0:32:20) - Accreditation and Training Requirements The accreditation process, benefits, and CPD points, including upcoming changes and future training offerings by NRLA. (0:44:32) - Importance of NRLA Accreditation for Landlords Join the NRLA to counter negative stereotypes, gain knowledge, and advocate for landlords on social media and in legislation. Follow Alex LinkedIn: NRLA accreditation: NRLA training academy: Join A Wealthy Life Community: Be the first to know about my new and revised online course To watch this episode on YouTube: Follow Vicki: Visit my website to learn more Book a call - Access free resources: Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. Browse Books by Vicki: Or read the following Ebooks on 9 Critical Property Principles The De-Job Yourself Manual: Break your reliance on a monthly wage The Values Manual: Understand what your values are and how they can be key to a successful business The Goal Setting Manual: Create meaningful and practical goals then achieve them /episode/index/show/a487427e-c2bc-4712-887d-537009eed510/id/35253290

Ep 154 - Why Empires Fail and Lifestyles Thrive with Susannah Cole 02/06/2025

Ep 154 - Why Empires Fail and Lifestyles Thrive with Susannah Cole Have you ever wondered if building a property empire is right for you, or if a lifestyle business better aligns with your goals? Join us for another insightful episode as I sit down again with returning guest Susannah Cole, a leading force in the property industry, who has sourced deals worth £45 million since 2009. Together, we discuss the intricacies of choosing between an empire and a lifestyle business. Susannah shares her experiences, offering invaluable advice on aligning business ambitions with personal aspirations and avoiding the potential pitfalls of over-trading and unsustainable growth. Our conversation shines a light on the distinct paths in the property sector, from maintaining small-scale operations with minimal staff to managing large organisations with extensive teams. We address the challenges women face in a predominantly male industry, enriching the discussion with personal insights. Throughout the episode, the significance of reflective practices and continuous learning is highlighted, illustrating how these strategies can enhance decision-making and lead to success in property investing. From sharing cautionary tales to discussing the risks of rapid scaling, we provide a comprehensive guide for those looking to navigate the property business landscape effectively. In addition to business strategies, we explore the importance of balancing personal life with professional goals, drawing from experiences of transitioning from corporate environments to property investment. As we wrap up, we delve into the complexities of empire building, underscoring the value of strong teams and systems, and the importance of understanding one's motivations in investing. Whether you're attracted to a fast-paced or relaxed lifestyle, this episode is packed with insights to help your path in the property industry. --------- EPISODE CHAPTERS --------- (0:00:11) - Building a Property Empire vs. Lifestyle (0:04:23) - Navigating Property Business Growth Successfully (0:15:38) - Lessons of Reflection in Property Investing (0:19:52) - Beginning a Property Portfolio Journey (0:28:18) - Scaling Property Business (0:35:10) - Property Investing and Lifestyle Balance (0:42:17) - Transitioning From Lifestyle to Empire Builder (0:53:21) - Managing Tech and Business Systems (1:03:32) - Balancing Business and Personal Life To find out more about Susannah Cole and her company, The Good Property Company. Website: YouTube: Insta: Facebook: LinkedIn: Join A Wealthy Life Community: Be the first to know about my new and revised online course To watch this episode on YouTube: Follow Vicki: Visit my website to learn more Book a call - Access free resources: Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. Browse Books by Vicki: Or read the following Ebooks on 9 Critical Property Principles The De-Job Yourself Manual: Break your reliance on a monthly wage The Values Manual: Understand what your values are and how they can be key to a successful business The Goal Setting Manual: Create meaningful and practical goals then achieve them /episode/index/show/a487427e-c2bc-4712-887d-537009eed510/id/35161455

Ep 153 - A Journey Of Learning From 27 Year Veteran Investor Hanif Khan 01/30/2025

Ep 153 - A Journey Of Learning From 27 Year Veteran Investor Hanif Khan Join me for an inspiring and information-packed conversation with the remarkable Hanif Khan, a seasoned investor with over 27 years of experience. From his first repossession deal in Birmingham to achieving financial freedom, Hanif shares his inspiring journey of transitioning from an IT career to becoming a property investment veteran. Learn how he navigated the challenges of investing with minimal capital and gained insights from innovative practices in the US, ultimately leading to a fulfilling lifestyle that balances wealth-building with family time. Journey through time as we reflect on how learning has evolved, contrasting the tactile engagement with physical books to today's digital information era. We explore the strategic shift into the care home business, shedding light on how Hanif leveraged his property expertise to venture into new opportunities. This episode highlights the value of building successful partnerships, adapting to industry changes, and the continuous learning necessary to scale operations effectively. The conversation concludes by discussing the importance of aligning personal and professional life to create a fulfilling lifestyle, underscoring the significance of building wealth and community through meaningful connections. For more information on Property Filter, visit the links in the comments. Join the Wealthy Life community to access an exclusive interview with Hanif Join A Wealthy Life Community: Join Property Filter --------- EPISODE CHAPTERS --------- (0:00:11) - Long-Term Property Investment Strategies (0:10:10) - Book Learning vs Modern Methods (0:16:06) - Transitioning to Care Home Business (0:21:29) - Scaling Business Through Property Investments (0:32:01) - Parental Influence on Business Success (0:43:30) - Less Transactional, More Beneficial (0:47:01) - Building Successful Partnerships in Business Connect with Hanif LinkedIn: https://www.linkedin.com/in/hanif-khan-7a180813/ Be the first to know about my new and revised online course To watch this episode on YouTube: Follow Vicki: Visit my website to learn more Book a call - Access free resources: Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. Browse Books by Vicki: Or read the following Ebooks on 9 Critical Property Principles The De-Job Yourself Manual: Break your reliance on a monthly wage The Values Manual: Understand what your values are and how they can be key to a successful business The Goal Setting Manual: Create meaningful and practical goals then achieve them /episode/index/show/a487427e-c2bc-4712-887d-537009eed510/id/35050210

Ep 152 - How to predict the future and grow your wealth with Susannah Cole 01/23/2025

Ep 152 - How to predict the future and grow your wealth with Susannah Cole Welcome to episode 152 of A Wealthy Life where I am thrilled to have Susie Cole join us once again. Susie is a seasoned property investor with over 15 years of experience in the property and brings a wealth of knowledge. In this episode, we dive deep into the nuances of predicting market shifts, mitigating risks, and building a robust property portfolio. We explore how to interpret subtle signs and changes in the market - whether it’s shifts in government policies, tenant behaviour, or broader economic indicators - and use that information to safeguard and grow your investments. We also touch upon essential frameworks like PESTLE (Political, Economic, Social, Technological, Legal, Environmental) analysis for making strategic decisions. Key Takeaways: Understanding Market Signals: Learn how to observe subtle market signals and what they could mean for your investments. Building Strong Foundations: Strategies to mitigate risks and protect your investments. Insights into leveraging properties while managing external uncertainties such as government policies and economic changes. Case Studies and Real-Life Examples: We share our experiences from past economic shifts, including the global financial crisis of 2008 and the COVID-19 pandemic. Stories of how we navigated these challenges and kept their portfolios strong. Make sure to listen to episode 154 recorded with Susie Cole to understand the foundations of deciding whether to build a lifestyle business or an empire. Please leave us a review and subscribe to ensure you don't miss any future episodes. --------- EPISODE CHAPTERS --------- ((0:00:10) - Predicting the Future in Property (0:11:47) - Avoiding Financial Risks in Property (0:16:22) - Path to Property Portfolio Success (0:25:47) - Navigating Property Management During a Crisis (0:35:15) - Strategic Planning for Property Investors (0:43:12) - Monitoring Market Trends in Property (0:54:14) - Building a Strong Property Portfolio To find out more about Susannah Cole and her company, The Good Property Company. Website: YouTube: Insta: Facebook: LinkedIn: Join A Wealthy Life Community: Be the first to know about my new and revised online course To watch this episode on YouTube: Follow Vicki: Visit my website to learn more Book a call - Access free resources: Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. Browse Books by Vicki: Or read the following Ebooks on 9 Critical Property Principles The De-Job Yourself Manual: Break your reliance on a monthly wage The Values Manual: Understand what your values are and how they can be key to a successful business The Goal Setting Manual: Create meaningful and practical goals then achieve them /episode/index/show/a487427e-c2bc-4712-887d-537009eed510/id/34942885

Ep 151 - From stacking shelves to solving property problems with Jason Patterson 01/16/2025

Ep 151 - From stacking shelves to solving property problems with Jason Patterson Step into the world of property investments with Jason Patterson, the "short lease king." Jason takes us on a journey through the often complex and rewarding market of short lease flats. From the initial challenges he faced, working extra hours to save for a deposit, to mastering the intricacies of leasehold properties, Jason shares his strategic insights and experiences. Discover how he turned potential barriers in property investment into opportunities, and learn about the unique strategies that have guided his successful career in the real estate market. Explore the detailed landscape of property investment strategies and the hurdles one might face along the way. We discuss the allure of rental income and the necessity of balancing various income streams to achieve financial stability. Through personal stories, we highlight the excitement and challenges of purchasing multiple properties at a young age, offering a fresh perspective on traditional career paths versus entrepreneurial pursuits in property investment. Jason's tales of strategic buying during the property boom of the early 2000s provide valuable lessons for both novice and experienced investors. In our exploration of leasehold properties, we unveil the potential for value addition through lease extensions and the strategic reconfiguration of flats. Jason shares his expertise on navigating the complexities of short lease investments, emphasising the importance of timing in expenditure and the potential returns that can be achieved. From dealing with freeholders to creative property management, this episode offers a comprehensive look at maximising returns in the short lease market. Join us for this insightful conversation and gain a new perspective on property investments and financial growth. --------- EPISODE CHAPTERS --------- (00:10) - Investing in Short Lease Flats (08:18) - Property Investment Strategies and Challenges (18:53) - Property Reconfiguration and Leasehold Explained (24:20) - Short Lease Property Investment Strategy (33:17) - Exploring Short Lease Property Investment (38:35) - Advanced Short Lease Portfolio Strategy Connect with Jason LinkedIn: Website: Join A Wealthy Life Community: Be the first to know about my new and revised online course To watch this episode on YouTube: Follow Vicki: Visit my website to learn more Book a call - Access free resources: Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. Browse Books by Vicki: Or read the following Ebooks on 9 Critical Property Principles The De-Job Yourself Manual: Break your reliance on a monthly wage The Values Manual: Understand what your values are and how they can be key to a successful business The Goal Setting Manual: Create meaningful and practical goals then achieve them /episode/index/show/a487427e-c2bc-4712-887d-537009eed510/id/34853710

Ep 150 - Building a bridge to your property success with Guillaume Black 01/09/2025

Ep 150 - Building a bridge to your property success with Guillaume Black Welcome to a milestone episode of A Wealthy Life! In today's special episode, “Building a Bridge to Your Property Success,” we sit down with Guillaume Black, an innovative property tech entrepreneur, to unlock the secrets of successful property investment. Guillaume shares his incredible journey from an engineer building bridges to creating Property Filter, a prop-tech tool that's revolutionising how investors find the best deals. Together, we discuss: The stress and complexities of property transactions, especially those marred by probate or divorce. Why rapport-building is essential to gain critical insights about property deals. The value of building strong relationships with estate agents and how it can open doors to lucrative opportunities. The balance between working directly with vendors and leveraging agents to build a local reputation. · Through his experience, Guillaume reveals that property investment is far from straightforward. It's about negotiation, addressing sellers' issues, and always keeping people at the heart of the business. We also discuss the evolution of property investment tools and strategies: The skyrocketing property prices and market changes over the years. How new tools like Property Filter save time by identifying the most promising opportunities. The importance of quick decision-making in an ever-changing market landscape. Guillaume’s story is a testament to the potential of combining engineering precision with entrepreneurial spirit, creating a tool now trusted by over 1700 savvy investors. Grab a drink, sit back, and discover what it takes to build a bridge to your property success! For more information on Property Filter, visit the links in the comments. Join the Wealthy Life community for an exclusive interview where Guillaume explains how to use Property Filter - trust me, you won't want to miss it! --------- EPISODE CHAPTERS --------- (0:00:10) - Bridge Builder to Prop Tech Entrepreneur (0:08:34) - The Transition to Property Investment (0:19:39) - Navigating Property Investment Success (0:28:44) - Property Investment Strategy and Negotiation (0:39:38) - Evolution of Property Filter Technology (0:47:40) - Property Filter Software Connect with Guillaume LinkedIn: Website: Be the first to know about my new and revised To watch this episode on Follow Vicki: Visit my website to learn more Book a call - Access free resources: Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. Browse Books by Vicki: Or read the following Ebooks on 9 Critical Property Principles The De-Job Yourself Manual: Break your reliance on a monthly wage The Values Manual: Understand what your values are and how they can be key to a successful business The Goal Setting Manual: Create meaningful and practical goals then achieve them /episode/index/show/a487427e-c2bc-4712-887d-537009eed510/id/34756645

Ep 149 - The Resilient Woman- Shifting Mindsets from Reliance to Self-Reliance 01/02/2025

Ep 149 - The Resilient Woman- Shifting Mindsets from Reliance to Self-Reliance Can you imagine a life where financial independence empowers you to shape your own destiny? In this episode we explore this transformative journey, particularly for women. Today, we challenge cultural norms and societal expectations that often hinder financial autonomy. Through personal stories and actionable advice, I will guide you toward building a solid financial foundation. Whether you're starting out or advancing professionally, I address common fears and debunk myths about women and money, aiming to inspire a mindset shift towards self-reliance. Let's talk partnerships and the art of balancing finances within a relationship. Managing money as a couple can be complex, especially when one partner may be out of the workforce for childcare duties. I discuss strategies for structured budgeting, maintaining personal financial responsibility, and the importance of saving for both individual and shared goals. I share practical steps to master personal finance management, using tools like the Wealth Tracker Excel spreadsheet to promote conscious spending. The episode emphasises the power of financial resilience, encouraging you to take control of your financial future with confidence and clarity. --------- EPISODE CHAPTERS --------- (0:00:10) - The Resilient Woman (0:11:00) - Financial Resilience for Couples (0:20:14) - Shifting Perspectives on Financial Independence (0:34:39) - Mastering Your Personal Finances (0:45:40) - Building Financial Resilience and Empowerment (0:57:12) - Financial Empowerment for Women Recommendations for Further Listening Ep 145 - Be a better landlord - 5 tips that will save you money with Julie Ford Ep 146 - Know your responsibilities and be professional with Julie Ford Ep 107 - Elizabeth Pearson over coming hurdles women working in a male space Ep 101 – The importance of female financial security Ep 114 – Financial Resilience – Empowering Women to Empower the Future Ep 56 – Why Women Need Property Portfolios Ep 147 - Reframe, Reimagine, Reclaim - The Key To Unlocking Your Mindset for Success Ep 148 - From Surviving to Thriving - Redefining 'Enough' and Mastering Money Maths Referral Link to Raisin Bank Join the Wealthy Life Community Be the first to know more about how to become a successful property investor To watch this episode on YouTube: Visit my website to learn more Book a call - Download the free Wealth Tracker Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. Browse Books by Vicki: Or read the following Ebooks on 9 Critical Property Principles The De-Job Yourself Manual: Break your reliance on a monthly wage The Values Manual: Understand what your values are and how they can be key to a successful business The Goal Setting Manual: Create meaningful and practical goals then achieve them /episode/index/show/a487427e-c2bc-4712-887d-537009eed510/id/34657030

Ep 148 - From Surviving to Thriving - Redefining 'Enough' and Mastering Money Maths 12/26/2024

Ep 148 - From Surviving to Thriving - Redefining 'Enough' and Mastering Money Maths Could your financial mindset be the one thing holding you back from a life of abundance and resilience? This episode promises a transformative journey into redefining wealth and mastering your money mindset. We unravel the traps of unconscious consumerism and the clever marketeers that often lead us astray. Through personal stories and experiences, we share how a shift from survival thinking to a mindset of abundance can dramatically alter your financial future. Whether you're feeling stuck, seeking to build a financial buffer, or optimising your current position, we present tools and inspiration to empower your financial choices. Transforming your relationship with money begins with understanding and leveraging mathematical principles to build financial resilience. By breaking free from scarcity thinking and avoiding the pitfalls of bad debt and unconscious consumerism, you can regain control over your finances. I share resources like the Wealth Tracker and explain crucial concepts such as inflation and interest, which are essential for protecting and growing your assets. As we wrap up the year, the power of financial resilience becomes your superpower, allowing you to live life on your terms and share these insights with others who may benefit from this empowering financial journey.. --------- EPISODE CHAPTERS --------- (0:00:12) - Redefining Wealth (0:08:12) - Shifting Mindset Towards Financial Abundance (0:15:38) - Uncovering Financial Consciousness Through Reflection (0:25:21) - Mastering Money (0:31:52) - Empowering Financial Resilience and Mastery Recommendations for Further Listening Ep 4. Wealthy v rich what does a wealthy life mean to you Ep 39. What did you learn from your parents and what’s relevant now Ep 40. What do you want for your family Ep 130 - Why you'll never double your money and get wealthy Ep 6. Conscious spending v Unconscious consumerism Ep 17. Do your payment days give you away Ep 37. What are you wasting Ep 19. Replacing your income needs to be a priority now Ep 11. Why Money maths will save your sanity Ep 16. Whooshonomics - 5 steps you can take right now Ep 135 - Is your money working hard enough for you (inflation v Investment) Join the Wealthy Life Community Be the first to know more about how to become a successful property investor To watch this episode on YouTube: Visit my website to learn more Book a call - Download the free Wealth Tracker Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. Browse Books by Vicki: Or read the following Ebooks on 9 Critical Property Principles The De-Job Yourself Manual: Break your reliance on a monthly wage The Values Manual: Understand what your values are and how they can be key to a successful business The Goal Setting Manual: Create meaningful and practical goals then achieve them /episode/index/show/a487427e-c2bc-4712-887d-537009eed510/id/34551565

Ep 147 - Reframe, Reimagine, Reclaim: The Key to Unlocking Your Mindset for Success 12/19/2024

Ep 147 - Reframe, Reimagine, Reclaim: The Key to Unlocking Your Mindset for Success After an 18-year journey of personal transformation, I want to inspire a change in your mindset for a life of wealth and fulfilment. What if the beliefs and thoughts that guide your life aren't truly your own? Join me as I address societal roles and labels, using stories from my hypnotherapy training to showcase the mind's transformative power. Equipped with tools like writing exercises and values manuals, i confront doubts and limiting beliefs, setting the stage for personal and financial success as we look towards 2025 and beyond. Let's break free from the stereotypes that often bind us in relationships and traditional financial roles. Whether doubt lingers or confidence reigns, it's time to shift our perspectives and build empowering partnerships. Uncover the key to maintaining balance between personal needs and family responsibilities, while questioning the true value and necessity of our desires and possessions. By prioritising joy through the "happy calendar," we'll fill our lives with meaningful experiences first, before the obligations take over, ensuring a fulfilled and joyful journey. As we rethink our habits and challenge our thinking, this episode serves as a reminder that your mindset is the ultimate tool in shaping the life you envision. So join me and embark on this adventure where your mindset is the key to unlocking a life filled with wealth, happiness, and cherished memories. --------- EPISODE CHAPTERS --------- (0:00:11) - Mastering Your Mindset for Wealth (0:12:44) - Breaking Free From Stereotypes in Relationships (0:19:18) - Taking Control of Mindset and Finances (0:33:35) - Unlocking Wealth Through Mindset Shifts (0:43:06) - Prioritising Joy With the Happy Calendar (0:56:07) - Taking Ownership of Your Life Recommendations for Further Listening Ep 49. You can achieve anything you set your mind to Ep 1. Status, work and money - Is your life driven by your job title Ep 2. How clear are you about how much money is coming into your household? Ep 3. What you would do if you didn’t have to work just to pay the bills? Ep 20. Family first - the challenge Ep 7. Is time or money more valuable to you? Ep 12. Are you focused on the gaps Ep 27. Are you making excuses? Ep 31. Who is controlling your thoughts? Ep 21. What questions are you asking Ep 94. Is life meeting your expectation? Ep 42. 3 reasons why you're never going to be happy Ep 44. Isn’t it time you decided for yourself (Admit it - did you meet the exacting standards of a TV Xmas) Ep 89. What does a Wealthy Life mean to you Ep 96. The benefits of reflection Ep 34. What makes you happy and get out of bed with joy Ep 35. How adaptable are you? Ep 119 - What does it take to be successful Ep 142 - What does success look like for you Ep 18. Are you a creature of habit Join the Wealthy Life Community Be the first to know more about how to become a successful property investor To watch this episode on YouTube: Visit my website to learn more Book a call - Access free resources: Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. Browse Books by Vicki: Or read the following Ebooks on 9 Critical Property Principles The De-Job Yourself Manual: Break your reliance on a monthly wage The Values Manual: Understand what your values are and how they can be key to a successful business The Goal Setting Manual: Create meaningful and practical goals then achieve them /episode/index/show/a487427e-c2bc-4712-887d-537009eed510/id/34487175

Ep 146 - Know your responsibilities and be professional with Julie Ford 12/12/2024

Ep 146 - Know your responsibilities and be professional with Julie Ford What are the hidden pitfalls that could cost landlords thousands, and how can they be avoided? Julie Ford, an expert in landlord-tenant relations, joins me to unpack the complexities of tenant deposit management. We spotlight the pivotal legal obligations landlords face, emphasising the urgent need to protect tenant deposits within 30 days using a government-approved scheme. Julie warns of the severe financial penalties lurking for landlords who miss this crucial step, including claims of up to three times the deposit amount. Through real-life anecdotes and expert insights, we reveal how landlords can safeguard their investments and stay on the right side of the law. The conversation compares custodial and insured deposit schemes, highlighting how a custodial approach can streamline administrative duties. Julie shares insights on the risks of mishandling deposits, including the threat posed by "no win, no fee" solicitors eager to exploit any oversight. We dissect the nuances between contractual and statutory periodic tenancies, clarifying their impact on deposit protection responsibilities—all to arm landlords with the knowledge to avoid costly mistakes. The rental property landscape is fraught with legal hurdles, from gas safety certificates to legislative changes like the renter's rights bill. Julie brings attention to the critical importance of due diligence, especially when acquiring properties with existing tenants. With evolving regulations, we stress the necessity of a human-centric approach, ensuring landlords maintain professionalism while protecting both their interests and those of their tenants. As the market shifts, our discussion aims to equip landlords with the foresight and expertise needed to navigate these challenges successfully. --------- EPISODE CHAPTERS --------- (0:00:11) - Property Landlords and Deposit Protection (0:11:12) - Deposit Protection for Landlords (0:18:11) - Navigating Legal Issues in Rental Properties (0:23:08) - Landlord Responsibilities and Professionalism Connect with Julie Website: Instagram: @gothard_rowe Be the first to know about my new and revised online course To watch this episode on YouTube: Follow Vicki: Visit my website to learn more Book a call - Access free resources: Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. Browse Books by Vicki: Or read the following Ebooks on 9 Critical Property Principles The De-Job Yourself Manual: Break your reliance on a monthly wage The Values Manual: Understand what your values are and how they can be key to a successful business The Goal Setting Manual: Create meaningful and practical goals then achieve them /episode/index/show/a487427e-c2bc-4712-887d-537009eed510/id/34397485

Ep 145 - Be a better landlord – 5 tips that will save you money with Julie Ford 12/05/2024

Ep 145 - Be a better landlord – 5 tips that will save you money with Julie Ford Julie Ford, an expert in property and tenancy law, joins me to shed light on the transformative Renters' Rights Bill. We address the implications of this legislative change, particularly the transition away from assured shorthold tenancies and the concerns landlords face regarding property possession. While these changes may initially seem daunting, Julie sees them as a chance to modernise practices and enhance the renting landscape. We also discuss how the bill could affect rent collection and landlord income, highlighting the importance of staying informed as the bill is still in draft form. As we navigate the evolving rental market, the critical role of tenant referencing comes to the forefront. Julie shares insights on conducting thorough affordability checks and consulting resources like the rental price index to anticipate rent increases. We also address the emotional challenges landlords encounter, such as balancing business decisions with tenant affordability, using real-life scenarios to illustrate these complexities. Communication is key in managing successful landlord-tenant relationships. We explore strategies for fostering open and empathetic communication, emphasising the human aspect of these interactions. From effective debt management to supporting tenants during financial distress, we discuss the value of education and support systems in promoting financial resilience. Listen out for my upcoming property investment course designed to equip you with the knowledge to succeed in this dynamic industry. Stay connected for more insights and updates! --------- EPISODE CHAPTERS --------- (0:00:10) - Renters Rights Bill (0:13:51) - Tenant Referencing and Rent Increases (0:22:58) - Effective Communication in Landlord-Tenant Relationships (0:30:49) - Effective Landlord-Tenant Communication and Support (0:41:29) - Deposits and Guaranteed Rent Scheme Connect with Julie Website: Instagram: @gothard_rowe Be the first to know about my new and revised online course To watch this episode on YouTube: ollow Vicki on Intsagram: Visit my website to learn more Book a call - Access free resources: Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. Browse Books by Vicki: Or read the following Ebooks on 9 Critical Property Principles The De-Job Yourself Manual: Break your reliance on a monthly wage The Values Manual: Understand what your values are and how they can be key to a successful business The Goal Setting Manual: Create meaningful and practical goals then achieve them /episode/index/show/a487427e-c2bc-4712-887d-537009eed510/id/34284225

Ep 144 - Assisted Dying: Compassion, Controversy and Control with Dr Julia Ambler 11/28/2024

Ep 144 - Assisted Dying: Compassion, Controversy and Control with Dr Julia Ambler Today’s episode is a profound exploration into the often-taboo topic of death and end-of-life care. Joining me is Dr. Julia Ambler, a palliative care expert from South Africa, whose extensive experience brings valuable insights into the emotional, physical, and spiritual dimensions of terminal care. In this episode, we address the importance of control over one's own death, highlighting personal stories and cultural contrasts that shape our views on mortality. Dr. Ambler shares her perspective on the complexities of assisted dying, the necessity of honest communication with healthcare providers, and the significant role of palliative care in improving the quality of life for terminal patients. We delve into the ethical, legal, and emotional intricacies of end-of-life decisions, discussing how proactive conversations with loved ones and medical professionals can ensure our wishes are honoured. We'll also touch on the upcoming UK Parliament debate on assisted dying and the potential impact on healthcare funding. Whether it's about making informed decisions, the importance of patient autonomy, or the emotional journey for families, this episode invites you to consider what it truly means to live and die well. So, sit back, and join us as we confront one of life's most challenging yet enlightening topics, revealing how thoughtful planning and open discussions can lead to a Wealthy Life, right until the end. Chapters: (00:10) - Assisted Dying and Palliative Care Debate (07:27) - The Debate on Assisted Dying (13:54) - Medical Ethics in Assisted Dying (20:48) - Fear and Unfinished Business in Death (33:19) - Planning End-of-Life Care Preferences (42:05) - Navigating End-of-Life Decision Making (51:24) - Expanding Conversations on End-of-Life Care (58:07) - Conversations on End-of-Life Choices (01:07:32) - Supporting Palliative Care in South Africa Follow Umduduzi Donate to Umduduzi Join the Wealthy Life Community To watch this episode on YouTube: Connect with Vicki: Visit my website to learn more Book a call - Access free resources: Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. Browse Books by Vicki: Or read the following Ebooks on 9 Critical Property Principles The De-Job Yourself Manual: Break your reliance on a monthly wage /episode/index/show/a487427e-c2bc-4712-887d-537009eed510/id/34183525

Ep 143 - Learn, Live, Love - What you think, and who you know are fundamentals of a wealthy life 11/21/2024

Ep 143 - Learn, Live, Love - What you think, and who you know are fundamentals of a wealthy life Unlock the secrets to a fulfilling and prosperous life by understanding the critical components that contribute to true wealth. Discover the power of learning, curiosity, and the right mindset as the foundation for success. Gain insights into how education, resilience, and an inquisitive approach can transform your financial and personal journey, crafting a life of abundance and satisfaction. Explore the empowering influence of a supportive community and how it can propel you toward your dreams. We'll delve into the transformative role of mentors and allies who bring fresh perspectives and encouragement, especially during challenging times. Image a life where work becomes a choice, not a necessity, as you align your time and energy with what truly matters to you and your loved ones. Ignite your curiosity and expand life's possibilities by reimagining education and personal growth. Hear about my personal journey, from childhood dreams inspired by Jacques Cousteau to nurturing my daughters' career paths, underscoring the importance of passion, perseverance, and an open mind. Together, let's unpack the essentials of building a wealthy life, focusing on mindset, relationships, and lifestyle choices that align with your property and wealth aspirations. --------- EPISODE CHAPTERS --------- (01:13) Principles of Creating Wealthy Life (03:49) Stepping Out of Comfort Zone (10:54) Entrepreneurs' Desire to Help Others (17:59) Inspiring Stories Shape Career Paths (22:16) Mindset for Personal Growth Join the Wealthy Life Community Be the first to know more about how to become a successful property investor To watch this episode on YouTube: Connect with Vicki: Visit my website to learn more Book a call - Access free resources: Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. Browse Books by Vicki: Or read the following Ebooks on 9 Critical Property Principles The De-Job Yourself Manual: Break your reliance on a monthly wage The Values Manual: Understand what your values are and how they can be key to a successful business The Goal Setting Manual: Create meaningful and practical goals then achieve them /episode/index/show/a487427e-c2bc-4712-887d-537009eed510/id/34037122

Ep 142 - What Does Success Look Like to You? 11/14/2024

Ep 142 - What Does Success Look Like to You? Tune in to this week's episode of A Wealthy Life Dive into the art of visualising success and setting realistic, strategic goals. Whether you're looking to spend more time with family, change your career path, or boost your health, I share the tools to turn your aspirations into reality through actionable steps. Explore the world of property investment and learn how to align your investments with your personal life objectives. Discover the importance of flexibility, calculated risk-taking, and the guidance of a mentor to navigate market dynamics successfully. And that's not all! Find out how to reshape your future with empowering self-talk and deliberate choices. Transition from simply reacting to life's hurdles to actively directing your journey towards prosperity today! Seize this opportunity to synchronise your mindset, finances, and time with your personal vision of success. Hit play and embark on your journey towards a more abundant, fulfilling and wealthy life! --------- EPISODE CHAPTERS --------- ((00:10) - Visualising Success and Setting Goals (10:34) - Mapping Your Path to Success (16:53) - Effective Property Investment Techniques (31:27) - Creating Life-Changing Self Messages Join the Wealthy Life Community To watch this episode on YouTube: Connect with Vicki: Visit my website to learn more Book a call - Access free resources: Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. Browse Books by Vicki: Or read the following Ebooks on 9 Critical Property Principles The De-Job Yourself Manual: Break your reliance on a monthly wage The Values Manual: Understand what your values are and how they can be key to a successful business The Goal Setting Manual: Create meaningful and practical goals then achieve them /episode/index/show/a487427e-c2bc-4712-887d-537009eed510/id/33706887

Ep 141 - SAS Who Dares Invests – Why Mindset Matters 11/07/2024

Ep 141 - SAS Who Dares Invests – Why Mindset Matters Discover how to align your thoughts with your goals, while overcoming the mental hurdles that often accompany new experiences. What to expect: · The critical role of mindset in achieving success and how to manage the mind's resistance to change. · Building trust and confidence in yourself and your relationships. · The profound impact of self-talk on your journey to success and authenticity. Inspired by "SAS Who Dares Wins," I discuss the importance of calculated risks, conscious decision-making, and aligning your values with your beliefs. Whether you're investing in property or pursuing personal goals, this episode offers valuable tools to redefine your narrative and pursue success with renewed confidence and purpose. Tune in now to unlock your inner power and take the first step towards a Wealthy Life --------- EPISODE CHAPTERS --------- (06:48) Managing Doubt and Negative Thinking (15:51) Identifying and Overcoming Negative Self-Talk (20:01) Understanding Self-Taught Consequences of Authenticity (25:43) Supportive Mentorship for Goal Achievement (35:47) The Power of Mindful Success Join the Wealthy Life Community To watch this episode on YouTube: Connect with Vicki: Visit my website to learn more Book a call - Access free resources: Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. Browse Books by Vicki: Or read the following Ebooks on 9 Critical Property Principles The De-Job Yourself Manual: Break your reliance on a monthly wage The Values Manual: Understand what your values are and how they can be key to a successful business The Goal Setting Manual: Create meaningful and practical goals then achieve them /episode/index/show/a487427e-c2bc-4712-887d-537009eed510/id/33671357

Ep 140 - Why You Should Treat Your Tenant Like A Client 10/31/2024

Ep 140 - Why You Should Treat Your Tenant Like A Client Discover how treating tenants as valued clients can lead to long-term satisfaction and financial success. In this episode I address the negative stereotypes and redefine property management as a service-oriented business that prioritises quality and mutual respect. Explore the essential strategies for understanding market dynamics in property rentals, from buy-to-let to serviced accommodations. I share insights on identifying the right clients and crafting properties that meet diverse tenant needs, whether it's family homes or shared accommodations. Learn how demographic trends and technological demands, like Wi-Fi and accessibility, shape tenant preferences and impact property appeal. Maximising tenant value is key to enhancing your investment returns. I share practical tips on maintaining tenant satisfaction through regular inspections, prompt repairs, and innovative engagement techniques. I also discuss how improving energy efficiency can benefit both tenants and landlords, making your property stand out in a competitive market. Join our Wealthy Life community to connect, share ideas, and continue this important conversation --------- EPISODE CHAPTERS --------- (00:10) Building Strong Client Relationships (04:47) Landlords and Tenants (08:42) Renting Properties for Young Adults (11:58) Property Management for Profitable Client Service (30:15) Valuing Tenants as Clients Join the Wealthy Life Community To watch this episode on YouTube: Connect with Vicki: Visit my website to learn more Book a call - Access free resources: Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. Browse Books by Vicki: Or read the following Ebooks on 9 Critical Property Principles The De-Job Yourself Manual: Break your reliance on a monthly wage The Values Manual: Understand what your values are and how they can be key to a successful business The Goal Setting Manual: Create meaningful and practical goals then achieve them /episode/index/show/a487427e-c2bc-4712-887d-537009eed510/id/33645027

Ep 139 - How can you avoid losing £10,000’s through property investment 10/24/2024

Ep 139 - How can you avoid losing £10,000’s through property investment Is buying a property as an investment really as profitable as it seems? In this episode, I guide you through the intricate processes of property investment, highlighting how strategic decisions and effective management are key to true financial success. We'll confront the fallacy of making money at the purchase stage and explore how aligning your investment strategy with personal goals guarantees a genuinely beneficial outcome. Understanding the numbers is crucial. From contract exchanges to ceiling prices, I break down the complexities of property investment with a focus on accuracy and due diligence. I address the significance of verifying refurbishment quotes and rental estimates, while also unpacking the misleading concept of "below market value." I challenge the notion of discounted properties as a guaranteed bargain, highlighting the market realities that can impact your investment decisions. With careful consideration of risks and returns, I aim to equip you with the knowledge to make informed and strategic choices. Maximising returns is not merely about buying low and selling high. It's about comprehensive planning, understanding net returns, and managing potential risks such as repairs and void periods. I stress the importance of budgeting for unforeseen costs and utilising letting agents' expertise to navigate upcoming changes like the renter's rights bill. Join A Wealthy Life Community for more resources and guidance to help you succeed in your property investment journey. Whether you're a seasoned investor or just starting out, there's something here for everyone looking to build a wealthy life --------- EPISODE CHAPTERS --------- (0:00:10) - Property Investment Understanding realistic expectations and financial strategy in property investment. (0:07:36) - Understanding Property Investment Numbers Challenges and considerations of property investment, including lengthy contract exchanges, financial aspects, and verifying facts for accuracy. (0:16:48) - Maximising Property Investment Return Understanding net returns, risk tolerance, and budgeting for potential delays are crucial in property investment. Join the Wealthy Life Community To watch this episode on YouTube: Connect with Vicki: Visit my website to learn more Book a call - Access free resources: Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. Browse Books by Vicki: Or read the following Ebooks on 9 Critical Property Principles The De-Job Yourself Manual: Break your reliance on a monthly wage The Values Manual: Understand what your values are and how they can be key to a successful business The Goal Setting Manual: Create meaningful and practical goals then achieve them /episode/index/show/a487427e-c2bc-4712-887d-537009eed510/id/33584517

Ep 138 - Why buying a flat could put a crack in your property foundations 10/17/2024

Ep 138 - Why buying a flat could put a crack in your property foundations What if the next property investment you make could be a ticking time bomb? Inspired by the sombre lessons from the Grenfell Tower tragedy, this episode confronts the risky waters of flat ownership, especially with new builds and shared land stakes. I share my personal journey through the maze of property investments, illuminating the often overlooked distinctions between flats and houses. Owning a flat isn't just about securing four walls; it's about embracing unexpected challenges. Maintenance and repair costs can strike like a bolt from the blue, often complicating budgeting efforts for flat owners. I address the importance of understanding your insurance coverage, ensuring you’re prepared for costs that may not be immediately obvious. Whether you’re weighing up your first purchase or considering expanding your portfolio, this episode offers strategic insights into making sound property investment decisions. Learn why becoming a freeholder can provide critical leverage against service charge restrictions and how foundational investments in simple properties can pave the way for success in more complex ventures. Location remains key, especially near commuter routes, and with thoughtful planning, your property ventures can flourish amidst the ever-changing investment landscape. Tune in and make smarter choices and achieve your property investment goals. --------- EPISODE CHAPTERS --------- (0:00:11) - Investing in Flats vs Houses Investing in flats versus houses, challenges of flats, shared ownership of land, and importance of understanding before purchase. (0:13:40) - Flat Ownership Considerations and Challenges Flat ownership involves major repair costs, insurance coverage, and close proximity to neighbours, with financial challenges during unforeseen events. (0:24:08) - Considerations for Purchasing and Renovating Flats Understanding fire safety, property value, lease conditions, and complexities of owning and renting flats in a Victorian property. (0:38:04) - Maximising Returns and Minimising Risks The complexities of investing in flats vs. houses, including financial benefits and challenges, risks, and importance of location. Join the Wealthy Life Community To watch this episode on YouTube: Connect with Vicki: Visit my website to learn more Book a call - Access free resources: Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. Browse Books by Vicki: Or read the following Ebooks on 9 Critical Property Principles The De-Job Yourself Manual: Break your reliance on a monthly wage The Values Manual: Understand what your values are and how they can be key to a successful business The Goal Setting Manual: Create meaningful and practical goals then achieve them /episode/index/show/a487427e-c2bc-4712-887d-537009eed510/id/33482362

Ep 137 - What's Wrong with Vanilla Investment Techniques? 10/10/2024

Ep 137 - What's Wrong with Vanilla Investment Techniques? In today’s episode, I address why starting with foundational investments, such as vanilla buy-to-let properties, is not just a safe choice but a smart one. We often hear that buy-to-let properties yield low cash flow and slow portfolio growth. But I'll show you how these seemingly vanilla investment techniques provide a steady and reliable foundation for your property portfolio. We’ll delve into the simplicity of vanilla buy-to-let compared to complex strategies like the BRRR (Buy, Refurbish, Rent, Refinance) method, ensuring you understand the landscape well enough to make informed decisions. Whether you're eyeing two properties a year or considering alternative funding avenues like remortgaging or flipping properties, we’ll cover it all. I’ll also warn against the dangers of money laundering and stress the necessity of declaring funds’ origins to mortgage lenders. For those contemplating more complex strategies like HMOs, we’ll compare their higher cash flow potential with the increased responsibilities and legal requirements they bring. I also discuss managing utilities, wear and tear, and tenant turnover, as well as the considerable time commitment involved in both HMOs and service accommodations. If you're just starting, vanilla buy-to-let properties will be your training ground, providing slow but sure learning opportunities with lower time demands. Tune in to hear why building a cash-flowing portfolio with a strong foundation is so crucial, and how you can transition into more complex investments once you're ready. Join me as we explore these fundamental investment strategies and prepare you for a gradual, steady build towards a wealthy life. So, sit back, and let’s dive into the world of property investment with a balanced approach that matches your financial goals, personal tastes, and risk tolerance. Don't forget to leave us a review and subscribe! --------- EPISODE CHAPTERS --------- (0:00:10) - Building Wealth Through Property Investment Buy-to-let properties are a reliable foundation for building a portfolio using the BRRR model (0:07:48) - Advanced Property Investment Strategies Methods for generating money in property investment, including saving, joint ventures, and buy-to-let strategies. (0:12:55) - Property Investment Pacing and risk management in property investment, borrowing risks, and benefits and challenges of renting HMOs. (0:22:29) - Property Investment Strategies and Success Comparing buy-to-let, rent-to-rent, and serviced accommodation for property investment, considering cash flow, time management, and personal goals. (0:33:25) - Building Wealth Through Buy to Let Buy-to-let property investment serves as a training ground for property skills, allowing for growth and eventually riskier strategies. Join the Wealthy Life Community To watch this episode on YouTube: Connect with Vicki: Visit my website to learn more Book a call - Access free resources: Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. Browse Books by Vicki: Or read the following Ebooks on 9 Critical Property Principles The De-Job Yourself Manual: Break your reliance on a monthly wage The Values Manual: Understand what your values are and how they can be key to a successful business The Goal Setting Manual: Create meaningful and practical goals then achieve them /episode/index/show/a487427e-c2bc-4712-887d-537009eed510/id/33389077

Ep 136 - Beware of the sharks – Six sharks that could kill your property dreams 10/03/2024

Ep 136 - Beware of the sharks – Six sharks that could kill your property dreams Ever wonder if your property investment is a goldmine or a shark-infested trap waiting to devour your savings? This episode uncovers the murky waters of property investing, shedding light on six types of problematic entities that can sabotage your success. From vendors and estate agents who use deceptive tactics to sell properties with hidden issues to letting agents whose negligence can cost you dearly, I share the landmines and teach you how to navigate them safely. Learn how to scrutinise deals and avoid becoming a bad landlord, all while establishing an ethical and profitable property business. Discover why letting agents are the gatekeepers of your property management success or failure. Through real-life horror stories, I reveal the dire consequences of working with unethical or incompetent agents, including fraudulent safety certificates and withheld rent payments. I address the critical need for thorough vetting and share the benefits of partnering with reputable, experienced agents who can protect you from legal and financial risks. Don't let emotions cloud your judgment; gain insights on ensuring compliance with property laws and securing responsible tenants. I also discuss the treacherous world of deal sourcers and property trainers, highlighting the risks of inflated property values and unrealistic rental guarantees. Learn strategies for evaluating property deals and understand market fluctuations to ensure long-term sustainability. Tune in and learn how to navigate the property market without falling prey to the industry's "sharks. --------- EPISODE CHAPTERS --------- (0:00:11) - Avoiding Property Sharks in Investing The "sharks" in property investing: deceptive vendors and agents, scrutinising properties, avoiding bad landlords, and protecting investments. (0:12:40) - Uncovering Risks in Letting Agents Letting agents play a crucial role in property management, but due diligence is necessary to avoid legal and financial risks. (0:24:38) - Avoiding Property Investment Pitfalls Deal sourcers and property trainers may lack accountability and provide inflated values and guarantees, requiring thorough research and verification of credentials. (0:35:12) - Avoiding Property Investment Sharks Evaluating property deals, negotiating effectively, and understanding landlord responsibilities to avoid industry "sharks". Join the Wealthy Life Community To watch this episode on YouTube: Connect with Vicki: Visit my website to learn more Book a call - Access free resources: Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons. Browse Books by Vicki: Or read the following Ebooks on 9 Critical Property Principles The De-Job Yourself Manual: Break your reliance on a monthly wage The Values Manual: Understand what your values are and how they can be key to a successful business The Goal Setting Manual: Create meaningful and practical goals then achieve them /episode/index/show/a487427e-c2bc-4712-887d-537009eed510/id/33279992

A Wealthy Life

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