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#85
Jackie Tomes and her husband, Dave have accumulated a wealth of UK property experience through building their £15 Million portfolio in and around Thanet in the South-East of England.
After briefly falling victim to Shiny Penny Syndrome, they refocused their energy on adopting a business model consisting of acquiring and managing blocks of flats.
By systemising, refining and adapting this model, they are now able to manage their business remotely, leaving them free to spend their time travelling around Europe in their camper van, while also helping other property investors to build their own portfolios.
Jackie argues that in the current climate of high interest rates, expats looking to build a UK property portfolio may be best advised to look to HMOs as their business model of choice and to see buying in Article 4 areas as an opportunity rather than a problem.
Jackie also has some valuable advice around how to apply structure to your business.
This episode also tells the light-hearted story of how we tried to flip a sheep for profit in our first holiday for three years in Kyrgyzstan and how the lessons learned relate to property.
If you have an expat property story to share, don’t be shy, get in touch!
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