Today I’m delighted to be joined by Natalie Gascoyne, sharing her amazing story in the property world, with a particular focus on her recent project creating assisted living homes for registered providers in the North West: a strategy that allows her to follow her passion for renovation projects, whilst also working on something with a valuable social cause. And, giving her the added benefit of a Government backed secure tenant for years ahead.
I’m sure you’ll enjoy her story just as much as I did!
Listen to this episode below:
Here’s a sneak peek at what discussed this time:
4.40 – From a career in marketing and the sad loss of her Mum, Natalie talks about life before property.
“At that time, I was very risk averse – working in the events industry, you always plan thinking ‘what’s the worst that could happen?’”
9.36 – With the help of a friend, Natalie dipped her toe in the property water with a new rent guaranteed, managed apartment.
“Naturally, I wanted to grow that side income – I began to look at property investing on a more professional level.”
12.23 – Natalie explains how she took the next step in building her portfolio, including attending a popular property course and purchasing a rundown buy to let.
14.16 – Her experience on the course left Natalie feeling inspired and motivated and she quit the day job, but she soon discovered the industry wasn’t as easy as she thought.
“It’s a long game… It doesn’t need to be sold as a career that in a year is going to make you rich: if you’re changing career, you should be doing that for the long term.”
20.36 – But when her buy to let refurb was successfully completed, Natalie was reinvigorated and began a private mentorship to pursue her property education.
22.38 – Natalie explains how the mentorship completely changed the track of her business, and in the next 2 years she completed numerous projects from HMO’s to flips.
25.25 – She goes on to give further detail on how she funded so many projects in such a short space of time.
26.36 – Natalie gives her top advice: to network, get a mentor and connect with other property businesses – especially on social media!
“Be an Instagram stalker!”
28.04 – Due to market competition in residential, Natalie changed her strategy to focus more on commercial property.
30.35 – Natalie talks about partnering with a supervised living provider for her latest project and the three key benefits.
34.14 – A closer look at how Natalie broke into this niche.
41.49 – Natalie reflects on how she expects to grow her portfolio in the future.
46.58 – How exploring multiple strategies has helped Natalie with knowledge and experience, but why she is now starting to stabilise and focus on a retention strategy.
50.35 – Why Covid-19 hasn’t derailed Natalie, and why she’s confident in the future.
Show Sponsors
Plumb Doctor Live have revolutionised the way we deal with plumbing issues in our HMO’s.
If, like us, you self-manage your properties, you’re on call 24/7, which can be stressful and disruptive to say the least. Plumb Doctor Live removes all of that stress by becoming the first point of contact – they offer live video calls with your tenants or guests to provide immediate, simple solutions to help them fix the issue themselves, minimising call-out fees. Or, if required, an impartial cost estimate is provided for further professional work and a handy report is emailed direct to tenants.
With no sign-up fee, the ability to register as many properties as you like and low video call costs – not to mention the time-saving benefits – Plumb Doctor Live provides the perfect service for any property.
To find out more visit them at www.plumbdoctorlive.co.uk or on Instagram at @plumbdoctorlive
Links Mentioned
Follow Natalie’s journey on Instagram (@natgascoyneproperty) or visit her website www.daviespropertyltd.com to find out more.