John Howard has been in the property market as a developer and investor over 40 years and bought over 4000 properties.
He is now co-producer and hosts the tv show Property Elevator. He has a bond that's listed on the Irish stock market and JV fund where he invests in peoples projects. He also has written several books and travel all around the world to hold seminars.
He also owns several businesses such as several estate agents and used to own Auction House UK
In this episode, we talk all about the recessions and what investors want as security when investing their money to property developer/investors.
This episode was recorded 27 November 2020
His criteria on joint venture
What type of Security they take
Comparing being a property investor/ Developer today comparing with when he started.
Where he sees the market going 2021
Why he started the bond
You should always verify your numbers
The signs when heading into recession (Where to look)
Why looking at the auctions to understand where the market is heading!
The length of recessions
The two different markets in Property
Being cautious in these times
Talks about how much the housing market creates several other businesses
He mentions that people will be in financial pressure next year because of all the loans people have taken
The worst recession he has been into
What you should do while sitting on your hands
the trends during a recession
Which properties that suffer most during a recession
How to be cautious with lending during a recession
He explains how overdraft can be dangerous during a recession
The margin you should look after on properties in this climate
How he calculate Return On Investment
Where you find your first bargains during a recession
Why he writes books
Being transparent with his clients if the fit for doing property or not
Why he doesn't like most of the property education industry
If he would start over all over again what would he be doing?
The importance of networking and getting new contacts
How he deals with his investors
How you as an international investor can invest in the UK
Key takeaways!
It's not the amount of deals you do its how good the deal is
Contact details :
Website
https://johnhowardpropertyexpert.co.uk/
https://uk.linkedin.com/in/john-howard-a59a1b43
Youtube
https://www.youtube.com/channel/UCbk_CaPwqSDRdn_V7p2vHTA
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