Peter Armistead Property Podcast

292: Digital Nomad Peter Armistead has bought and sold over 500 apartments from 4,500 miles away

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Here’s a sneak peek at what discussed this time:

Today I’m delighted to be joined by fellow property nomad peter armistead. A property investor running his business in Manchester whilst living in the skiers heaven of Whistler, British Columbia.

In his extensive career he’s developed over 500 apartments in South Manchester, won countless awards for his projects, built his dream home in the Canadian mountains and trains regularly for ultramarathons.

I love discovering other investors who’re making property work for them, rather than the other way around, and Peter is a great example of this.

If you’ve got any desire to use property as a vehicle for more freedom in your life then you’re going to love this episode.

4:30 How Peter got started- moving up the London property ladder in the 90s

5:30 A desire to live in the Mountains- and the need for a job that would allow that

7:00 How we works remotely- such as getting up at 3am every morning to work (to coincide with UK hours)

8:11 What the property business looks like now

9:20 “We run an old school business in a relatively modern way”

12:18 What type of property fits the model?

15:52 Bought and sold 500 over the last 18 years and retained 25% of that.

21:00 The importance of reputation

24:00 Consolidating from a Portfolio across 3 locations to a focus on one core location

27:30 New builds vs Conversions- which is easiest?

35:46 Talking about the team that allows Peter to be remote

44:23 Which activities can’t be done remotely?

48:28 “Micro-management is the way to kill a business”

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Links Mentioned

Armistead Property Website

Follow Armistead on Facebook

Follow Armistead on Instagram

If you want a complimentary copy of Peter’s book, get in touch using one of these platforms and mention the podcast!

 

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