15/05/2024
recently invited us back on her property podcast to discuss our business, Nichol Smith Investments.
🎙 LINK IN BIO 🎙
This episode discusses how we’ve grown and scaled our business from managing one property at a time to managing several simultaneously and having a pipeline of projects across the HMO, single-let, and flip business models.
What you will learn in this episode:
-Why strategy is critical for success in property investing and development
-How to adapt to market volatility with diversified strategies
-The importance of financial management for scaling up a property business
-How to create enjoyable and mutually beneficial relationships with investors
-What it means to define your avatar and how to find the right investors for your business
-How rapid changes in government legislation can impact your business
-The importance of building a reliable tradespeople team
-How to transition to a hands-off role and focus on high-value tasks for business growth
-Strategic use of social media to build social proof and visibility in the industry
-How to balance work and time off in a family business to maintain a healthy lifestyle