TPP388: How to deal with doubters

At some point in your property journey you’re going to get people who are questioning what it is you’re doing.  People that doubt you’ll make any money from investing in property and they’ll try and put you off.  So in this week’s episode of The Property Podcast, Rob & Rob are going to discuss how you should deal with them, but more importantly, why you should encourage them.  Sounds crazy, right?  What if we told you that you should use what the doubters say as momentum to spur you on? Because that’s exactly what Rob B did himself about a decade ago.  Rob B shares a personal experience in today’s episode and it might just give you the push you need to keep going and ignore the haters.   In the news this week, ‘collapse of Airbnb popularity produces glut of long-term stock’. After speaking to Chris Ryder a few weeks ago, you wouldn’t expect to see this headline, especially now it seems the majority of the population are enjoying staycations this summer.  However research from Hamptons International has shown that one in eight properties coming onto the market in inner London have previously been on Airbnb or other short term let websites.  It also shows that the number of homes available to rent in inner London is up by 42% compared to last year which is a huge increase! But there are many factors that can contribute to this.  As a result it’s pushing rental prices down. Which is something that The Robs will discuss on next week’s market update.   This week’s Hub Extra is a new podcast for you to listen to! Our podcast producer Dan has also been working on a new podcast called ‘Naked Money’.  The show has Robbie Burns as the host who’s a multi-millionaire stock trader if you didn’t already know. He’s more famous for his book, The Naked Trader which is a book Rob B loved.  So no doubt the new podcast is going to be just as good.    We’d love to hear what you think of this week’s Property Podcast over on Facebook, Twitter or Instagram. You might even have a topic you’d like us to cover in the future - if so, pop us a message on social and we’ll see what we can do. Make sure you’ve liked and subscribed to our YouTube channel where we upload new content every week!  If that wasn’t enough, you can also join our friendly property community on the Property Hub forum. See omnystudio.com/listener for privacy information.