John, from Expat Property Story, talks with Latoya about his property journey and the objectives and goals he is working towards.

They discuss running and managing a property business when you are in a different country and what’s needed to move to the next level

KEY TAKEAWAYS

• We aren’t relying on capital growth we are looking for high-cash-flow situations
• Diversity of location can be a positive as prices changes are not always standardised across the country
• The properties purchased for serviced accommodation can easily be turned back into buy-to-let if legislation changes
• I listened to lots of podcasts and grew my contacts and network from this
• You do need boots on the ground in some way whether it’s through family, friends or through a trusted property partner
• Scaling up and working with property investors means having systems and processes in place
• Using virtual assistants for your social media means you can connect and serve the people you want to more easily and get everything done

BEST MOMENTS
‘It’s about finding the right people to work with, like and trust’
‘We manage the managers of our properties, not the tenants’
'We are working on a strategy to replace our income in retirement and be able to help refugees’

RESOURCES FOR THIS EPISODE
Website: https://www.expatpropertystory.com
Instagram: https://www.instagram.com/expat_property_story/

VALUABLE RESOURCES
Store: https://stan.store/Outsourcing_Your_Property_Business
Facebook page: https://www.facebook.com/outsourcingyourpropertybusiness
Facebook group: https://www.facebook.com/outsourcingyourpropertybusiness
Youtube: https://www.youtube.com/channel/UC8RnL3J1m-bPDhCBtRisuVQ
Instagram: https://www.instagram.com/outsourcing_your_property_biz/
Tiktok: https://www.tiktok.com/@outsource_your_prop_biz

ABOUT THE HOST
Latoya McDonald started her property career in her teens as a Real Estate agent before relocating from New Zealand to England in 2011.
In 2012, she started Harcourt White, a lettings and property management company based in Cornwall. With a keen interest in HMO, local property investment, and systems and procedures, Latoya is passionate about coaching like-minded property investors to get the most out of their businesses while maintaining a healthy work/life balance.

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