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From Police Officer to Property Investor: Ellie's Journey to Success · The Property Unleashed Podcast

• 0:10
  Speaker 1: Hello and welcome to the Property Unleashed podcast.
• 0:13
  Speaker 1: It's great to have you all joining us here today, and today I am joined by a special guest.
• 0:18
  Speaker 1: I have a real treat for you.
• 0:20
  Speaker 1: Actually.
• 0:20
  Speaker 1: I've got Ellie Cockbain back from up in the Great North, so to speak, as well.
• 0:26
  Speaker 1: Great to have you on, Ellie.
• 0:27
  Speaker 1: How are you today?
• 0:28
  Speaker 2: Hi, thanks for having me.
• 0:29
  Speaker 2: Yeah, I'm good.
• 0:31
  Speaker 1: Good, good.
• 0:31
  Speaker 1: So we had Ellie on episode 280, but it was about August last year.
• 0:38
  Speaker 1: We're in 2024 now it was 2023, and Ellie started to build her own serviced accommodation property business.
• 0:47
  Speaker 1: At the time she was just having a little trouble getting traction with the agents and just with landlords and things.
• 0:54
  Speaker 1: So it's a great little episode for people to go back to.
• 0:57
  Speaker 1: It's just sort of recap, and also there's some great tips and tricks in there as well about how to talk to people and things like that.
• 1:03
  Speaker 1: But ever since that call, it's been great to watch Ellie go from strength to strength.
• 1:08
  Speaker 1: But before I get ahead of myself, ellie, do you want to just tell the listeners a little bit about yourself, uh, what you've done before you started getting in property, please?
• 1:17
  Speaker 2: yeah, absolutely so.
• 1:19
  Speaker 2: I'm Ellie, I'm 21 and I'm from a little village called Langley Park that's in Durham.
• 1:26
  Speaker 2: I cover the full north east, so I've been a full time police officer for around three years now.
• 1:33
  Speaker 2: I've got horses on the side and some of the girls I ride with were all into the property, the service accommodation, and I was really quite jealous going to work and watching them ride, to be honest, whenever they wanted.
• 1:48
  Speaker 2: So I thought, yeah, I want a little bit of that, so I jumped straight into it nice, nice.
• 1:55
  Speaker 1: And of course you came and joined us on the uh ultimate, ultimate, uh service accommodation business builder as well.
• 2:01
  Speaker 1: What was the sort of thinking behind that one?
• 2:03
  Speaker 1: Because obviously there is a lot of different providers and trainings out there yeah.
• 2:07
  Speaker 2: So I think just watching, like you and graham and sort of seniors online as well, you go in and I think the amount of value you give for free just shows the amount of value that's actually in the course um compared to some of sort of the other big name brands that only want to really entertain you if you've got a bit of money to put towards them.
• 2:31
  Speaker 2: So I'd been and done a few of your little free online things and thought, yeah, actually if this is for free, there's going to be so much more in the course um.
• 2:41
  Speaker 2: So I was like, yeah, we'll just do it, why not?
• 2:43
  Speaker 2: Why not?
• 2:44
  Speaker 2: Why not?
• 2:44
  Speaker 2: And I've got to ask you, what did you?
• 2:45
  Speaker 1: think of the training of the course.
• 2:45
  Speaker 1: Um, so I was like, yeah, we'll just do it, why not, why not, why not?
• 2:47
  Speaker 1: And I've got to ask you what did you think of the training of the course?
• 2:50
  Speaker 2: yeah, really good.
• 2:51
  Speaker 2: Literally any questions you've got if the course doesn't answer it, you agree with that to literally answer every single question.
• 2:59
  Speaker 2: And we have the two-week group call so we literally go around everyone pretty much within that call and any questions if we can't answer it and the people that were on the mentorship with can't, then you guys do, and it's so helpful because there's so many learning curves to it all and you've just been really helpful.
• 3:21
  Speaker 1: That's brilliant and of course, it's been a year now.
• 3:25
  Speaker 1: You were just saying that your company's come up for renewal obviously your 12-monthly renewal Brilliant stuff.
• 3:31
  Speaker 1: So a lot's happened in that time.
• 3:33
  Speaker 1: So let's go back, obviously, to, so to speak, august last year.
• 3:38
  Speaker 1: We'd had a chat on the podcast and things.
• 3:40
  Speaker 1: You were out there.
• 3:41
  Speaker 1: I have to say some of the methods and the ways that you've been getting out there as well and sharing in the community was really quite exciting.
• 3:47
  Speaker 1: It just goes to show now not being condescending or anything, 21 is quite a young age as well to be going out there for people to take you serious, because a lot of property investors are quite old, aren't they?
• 3:58
  Speaker 1: I expect you speak to a lot of older people, so has that been a bit of a hindrance to you, do you think?
• 4:03
  Speaker 1: Or or has that been all right?
• 4:06
  Speaker 2: um, I think, I think when you're in the right group you absolutely fly um sort of.
• 4:12
  Speaker 2: The networking groups that I go to are probably predominantly older people, but the guys in them are so good.
• 4:19
  Speaker 2: We've got one up in darlington called the Thing and the amount of support that you get just in there is unreal.
• 4:28
  Speaker 1: That's good, that's good, that is good.
• 4:29
  Speaker 1: So let's talk about then your first deal.
• 4:33
  Speaker 2: Yeah, absolutely so.
• 4:36
  Speaker 2: It was actually.
• 4:37
  Speaker 2: So I was the quiet one.
• 4:39
  Speaker 2: I wonder if I started you wouldn't think that, because I do not show up now but I was going to the networking in Darlington and I was sort of just the quieter one in the back soaking it all up.
• 4:49
  Speaker 2: But I went with one of the girls that I ride with who's got her own service accommodation down in Barnard Castle.
• 4:56
  Speaker 2: Um, so it'd been a few weeks from when I'd obviously started doing all the research and stuff and she'd said to me um, ellie, I've got a house that's come available.
• 5:06
  Speaker 2: It needs a little refurb.
• 5:07
  Speaker 2: I haven't got the time to take it on because she's got a really big management company down in barnard castle.
• 5:13
  Speaker 2: It's in durham, it's close to you.
• 5:14
  Speaker 2: Do you want it?
• 5:15
  Speaker 2: So I was like, absolutely jumped on that straight away.
• 5:18
  Speaker 2: Um, and then really, it's just we refurb that and it's just been nonstop since then.
• 5:28
  Speaker 2: And what did you have to do to the property then?
• 5:29
  Speaker 2: So we got the first two months free from the landlord.
• 5:35
  Speaker 2: I actually walked in, which is convenient because the back room in the house was kind of a scroll.
• 5:45
  Speaker 2: So I walked in and clocked that straight away and I was like, yeah, gonna take a few weeks just to air out, never mind painting and everything.
• 5:49
  Speaker 2: So we did basically a full paint on the full house.
• 5:53
  Speaker 2: The downstairs bathroom had a bit of damage so we went halves on the tiles, um, and then that was tiled and then pretty much no new carpet.
• 6:03
  Speaker 2: So it was just painting and little snagging and stuff that we did to it.
• 6:08
  Speaker 1: And how much do you think that ballpark figure sort of cost you to do?
• 6:14
  Speaker 2: You probably is looking at with furniture included, because I love a bit of marketplace.
• 6:20
  Speaker 2: You're probably looking all in about four, four and a half thousand pounds.
• 6:26
  Speaker 2: Um, because you'll be very aware that back in the day, I love to do everything myself as well, yes, you did.
• 6:32
  Speaker 1: Yes, I remember coaching.
• 6:34
  Speaker 1: You were on a coaching call whilst painting the walls, weren't you?
• 6:37
  Speaker 1: yeah, yeah uh hey, but needs must when we're starting out and everything needs must obviously as we start to grow, we look to systemize things.
• 6:45
  Speaker 1: We then start to appreciate hey, I did, I painted walls when I first started as well, I used to.
• 6:49
  Speaker 1: I'm just no good at cutting in, so I used to actually employ a painter, but I could only have him for a day, so to speak, rather than two days, because I didn't roll everything and just get him to cut it.
• 7:10
  Speaker 2: But needs must when things are starting out now.
• 7:11
  Speaker 2: Four grand to start your first property is very, very, very good.
• 7:12
  Speaker 2: And what sort of uh, you know how's that working for you?
• 7:14
  Speaker 2: What's it?
• 7:14
  Speaker 2: Sort of cash flowing?
• 7:15
  Speaker 2: Um, so that one now cash flows me.
• 7:15
  Speaker 2: I pay 650 pound a month for rent.
• 7:17
  Speaker 2: That is a three bed house, two super kings and one single in the other, and I'm currently profiting £1,200 a month on that because I've got the contractors in for a year.
• 7:29
  Speaker 1: Oh, marvellous, marvellous stuff, and you have your own little unique way of doing that as well, don't you?
• 7:34
  Speaker 2: Yeah, yeah, I do, um, so I'm not one.
• 7:38
  Speaker 2: I do like the exercise, but I like my food way more, so I like to take some doughnuts normally around 12 doughnuts down to site and ask for the site manager, have a bit of gossip with them and then get them on board to come and stay in my houses amazing stuff, amazing.
• 7:55
  Speaker 1: So basically your first deal.
• 7:57
  Speaker 1: You've had all your money out within four months, basically, haven't you?
• 8:00
  Speaker 1: Yeah, absolutely and you've got that signed up to a 12 month, so to speak.
• 8:05
  Speaker 2: Uh commercial contract yeah, so I've got my first house and my second house are on a 12 month contract um potential for it to be extended depending on how the works go amazing, amazing, well, well done on that.
• 8:18
  Speaker 1: I mean that that is.
• 8:19
  Speaker 1: That is hard work paying off.
• 8:20
  Speaker 1: You got stuck and you saw the opportunity.
• 8:22
  Speaker 1: But the thing is as well, people say, oh, ellie got lucky, but you don't get lucky, you make your own luck.
• 8:27
  Speaker 1: You put yourself into those circumstances, into those situations.
• 8:30
  Speaker 1: Yeah, you're listening out for it, you're, you're subconscious, is searching for it, because you really want to get started in things.
• 8:36
  Speaker 1: And you know, one of the things I like to say as well is it's not easy.
• 8:40
  Speaker 1: You've had to put a lot of work into these haven.
• 8:42
  Speaker 2: Yeah, there definitely wasn't just the one box of donuts that went down to that site, there was a good few box of donuts.
• 8:50
  Speaker 2: I went to different sites in the area just with my cards, just so I could sort of stamp my name.
• 8:55
  Speaker 2: So if they ever do have anyone working that needs accommodating in the area, they do just give me a call.
• 9:00
  Speaker 2: But yes, it's definitely hard, it's not as easy as it looks, there is a lot that goes into it, but it definitely pays off yeah, exactly what we, we hear about.
• 9:10
  Speaker 1: We see the, the, you know the, the results which we're saying, oh, ellie's got two properties there, they're both cash flowing really well, she's got contractors in and things like that.
• 9:19
  Speaker 1: Oh, man, that's what I want.
• 9:20
  Speaker 1: It's nice and easy, but, like I say, it's not.
• 9:22
  Speaker 1: It's not exactly hard, but you've got to put the work in.
• 9:25
  Speaker 1: So this work is involved, particularly in the beginning and stuff.
• 9:29
  Speaker 1: So, of course, you know, having the support of being able to fall back, ask myself, ask Graham, ask the community questions and things like that is always great.
• 9:38
  Speaker 1: We see that all the time when we have new people coming in, don't we that are asking questions?
• 9:42
  Speaker 1: You know, you ask the questions.
• 9:43
  Speaker 1: People supported you.
• 9:44
  Speaker 1: People are asking questions now and you're like you're supporting them and things.
• 9:47
  Speaker 1: It's really really nice to see and, of course.
• 9:50
  Speaker 1: So that took on your first two and they were rent to rent, weren't they?
• 9:54
  Speaker 2: yeah, yeah, they were rent to rent some ones.
• 9:56
  Speaker 2: Um, hopefully by the end of the summer I'll have it in a purchase lease option my first one.
• 10:04
  Speaker 2: So I'm slowly starting to progress that side of stuff as well.
• 10:08
  Speaker 1: Well, I know you're keen on building your own property portfolio as well, so you know that's great If you can lock in any purchase, lease options from existing landlords, people you're already using, so to speak.
• 10:19
  Speaker 1: It's the low-hanging fruit.
• 10:20
  Speaker 1: Why?
• 10:20
  Speaker 1: Because they already know like and trust you, don't they, and they can see what you can do.
• 10:24
  Speaker 1: Why?
• 10:24
  Speaker 1: Because they already know like and trust you, don't they?
• 10:25
  Speaker 1: And they can see what you can do.
• 10:26
  Speaker 1: Now some people, when they're starting out on this, will say, ah, you know, it's all of this, it's all of that.
• 10:28
  Speaker 1: Why would a landlord, why would a landlord want to work with me?
• 10:32
  Speaker 1: Why wouldn't they just do it themselves and things?
• 10:34
  Speaker 1: Now, obviously you've put a bit of money into somebody else's property doing the serviced accommodation strategy.
• 10:40
  Speaker 1: You know, when it comes to HMOs and things, I try and look for pre-existing HMOs that are already set up.
• 10:45
  Speaker 1: But a lot of the serviced accommodation stuff that we do is predominantly by Tillette, which could be part furnished, but it's not always furnished to the standards that you want either, is it?
• 10:55
  Speaker 1: But you've gone out there on Marketplace, you've bought good items, nice items, furnished it yourself, so to speak, and you've started to build it up like that.
• 11:04
  Speaker 1: But, as I say when people are out there and they're saying well, you know it, how much money do you actually need to get started on this?
• 11:12
  Speaker 1: Did you have quite a big pot of money or did you have quite a modest pot?
• 11:17
  Speaker 2: no, to be honest, I had none, absolutely none, um.
• 11:21
  Speaker 2: So the first ones I was I do.
• 11:25
  Speaker 2: I like to sort of hustle with people and see what I can get out of it, so I literally started with nothing, um, but because of my job I had a good credit score and things, so I just went and got some credit cards, sort of anything that I needed to do.
• 11:41
  Speaker 2: It was put on the credit cards, which isn't ideal, but within my first year they're paid off yeah because there was a good enough strategy in place and I knew that I backed myself, that I was going to be able to do it you've hit the nail on the head.
• 11:56
  Speaker 1: Then you backed yourself people that's saying I can't do this, I can't afford it and things is because they, they just do not have that, that sort of faith in themselves that they'll make this happen, that they'll get through it.
• 12:06
  Speaker 1: You know money ebbs and flows.
• 12:09
  Speaker 1: I used to be terrible, terrible years ago.
• 12:11
  Speaker 1: I was like, oh, that's my money, I can't spend it, I can't do anything with it, I just feel comfortable sat on it and it's the wrong way to be.
• 12:17
  Speaker 1: And that wasn't even a massive amount of money, don't get me wrong.
• 12:20
  Speaker 1: But when I started my property business, it was a case of you know you do have to spend, to accumulate at the end of the day, but as long as you're doing good deals I mean the monthly rents that you're paying there is really really good.
• 12:31
  Speaker 1: You're helping the landlord.
• 12:33
  Speaker 1: You know you've got halves on tiles, you've uplifted the properties and things.
• 12:37
  Speaker 1: And I think that's the one thing people need to remember is we're not there to take advantage of anybody.
• 12:41
  Speaker 1: That's not the way that we do any property deals.
• 12:44
  Speaker 1: Whether you know you're doing rent to rent lease options, you're buying properties.
• 12:47
  Speaker 1: We look to work with people to help people that are maybe in a sticky situation.
• 12:52
  Speaker 1: So I mean those properties that you took on.
• 12:55
  Speaker 1: Where was the landlord's head at?
• 12:57
  Speaker 1: Do you think when, when you first started talking to them?
• 13:00
  Speaker 2: um, so the landlord?
• 13:02
  Speaker 2: For the first one, he is a landlord that's got lots and lots of houses, but in his own name.
• 13:10
  Speaker 2: So he's been taxed quite sufficiently with that um, so I think it works out.
• 13:16
  Speaker 2: He's got something like 52 houses um just in his own name.
• 13:21
  Speaker 2: So when I'd spoken to him and obviously spoken to Helen who brought me the deal, she's got some with him as well um and his.
• 13:30
  Speaker 2: His headspace is actually like there was a cannabis grow in the back room before now.
• 13:37
  Speaker 2: She's going to uplift the value, she's going to make money for herself and I'm going to be getting the rent.
• 13:41
  Speaker 2: I did give him a little bit more rent than maybe he wanted, but I knew that I could.
• 13:47
  Speaker 2: So if it's going to work, I'm not greedy in the fact like I'll give you the rent.
• 13:53
  Speaker 1: Yeah, exactly, exactly.
• 13:54
  Speaker 1: It's going to be a win-win, isn't it?
• 13:56
  Speaker 1: Yeah, let me just touch on what is in the back room.
• 13:59
  Speaker 1: What do you call it?
• 14:00
  Speaker 1: Cannabis growth?
• 14:01
  Speaker 1: Oh it, cannabis grow.
• 14:08
  Speaker 1: Oh, cannabis growth, sorry yeah, you said it.
• 14:09
  Speaker 2: I was just like okie dokie, so they had a major problem, didn't they?
• 14:10
  Speaker 2: Yeah, yeah, yeah, it was definitely.
• 14:11
  Speaker 2: They had all the stuff set up for the cannabis grow, um, and the two.
• 14:16
  Speaker 2: The other two rooms were fine, but you're upsetting the neighbors and stuff when you're doing stuff like that.
• 14:21
  Speaker 2: So I think he was happy to have them gone exactly.
• 14:26
  Speaker 1: I bet they panicked as well when they saw you walking out shooting and booting it all policed up.
• 14:30
  Speaker 1: It's a raid.
• 14:33
  Speaker 1: No, that's great.
• 14:36
  Speaker 1: So those are your first two properties.
• 14:38
  Speaker 1: Got those set up, yeah, them tenanted, so to speak.
• 14:41
  Speaker 1: Got the clients in there, um, and what was the next one then?
• 14:45
  Speaker 2: the next one was a four bed on the side of the most, on the side of the a1 and two minute drive out, in sort of five minutes away from durham again.
• 14:54
  Speaker 2: That was just out networking one of the lads that I networked with.
• 14:58
  Speaker 2: He said I'm moving into social housing a bit.
• 15:00
  Speaker 2: One of the other landlords have brought us this house.
• 15:02
  Speaker 2: Do you want it?
• 15:03
  Speaker 2: And I said yeah, absolutely, why not?
• 15:07
  Speaker 1: well, you were at that point, I believe.
• 15:08
  Speaker 1: If I remember correctly from even on coaching calls and things, you're at a point where you were saying I need more houses.
• 15:13
  Speaker 1: I've got plenty of clients, so to speak, lined up that they want to stay in these houses, but I just need more property.
• 15:18
  Speaker 1: So when people started saying that to you, it's like yep, I'll take it yeah, yeah, definitely and what did you have to put into that one?
• 15:27
  Speaker 2: that one was literally just the paint really yeah, it was.
• 15:32
  Speaker 2: It's a really really big four bed house.
• 15:34
  Speaker 2: It's really nice.
• 15:34
  Speaker 2: Actually got a driveway at the front, um, and I got the rent a little bit cheaper.
• 15:40
  Speaker 2: She had these properties inherited, so she just wants the cash flow to keep her going, so I got the rent a little bit cheaper and I painted and decorated and and that was it.
• 15:49
  Speaker 1: Amazing, amazing, so fully furnished.
• 15:52
  Speaker 2: So I furnished it.
• 15:53
  Speaker 2: Okay.
• 15:55
  Speaker 2: But to be fair, from being in all the groups, someone had approached me and said I've got this business.
• 16:02
  Speaker 2: I'm down in Manchester.
• 16:03
  Speaker 2: I don't normally deliver up north, but I will if you're going to put a big order in.
• 16:06
  Speaker 2: So I put a big order in and I think I got all my furniture worked out at £1,800.
• 16:13
  Speaker 2: Wow, that was a super king two doubles, two wardrobes, four sets of drawers and a single bed.
• 16:22
  Speaker 2: So you can't complain really for that.
• 16:26
  Speaker 1: Certainly not, certainly not.
• 16:27
  Speaker 1: I mean, that's brilliant, absolutely brilliant.
• 16:32
  Speaker 2: And is that sort of cash flow in the same numbers?
• 16:34
  Speaker 2: Yeah, so I get that'll profit me around about 1200 nice, yeah, nice, it's not too far away from the uni either.
• 16:44
  Speaker 2: So it does really well with durham university, um.
• 16:48
  Speaker 2: But if it doesn't perform, my backup plan is it'll work unreal as a hmo, so yeah yeah, yeah, that's it.
• 16:57
  Speaker 1: There's always different.
• 16:57
  Speaker 1: You know you can repurpose things, change things around.
• 17:00
  Speaker 1: So that that was deal number four.
• 17:01
  Speaker 1: I know you've got overall 10 deals now, so to speak, in different methods, in different ways and stuff.
• 17:07
  Speaker 1: So what was the last rent to rent one and the fourth one, so to speak um.
• 17:13
  Speaker 2: So I don't know whether it's a common thing or it's just a northern thing, but we have loads of like village group chats, which would be like langley park, have your say, coxa, chit, chat, um.
• 17:25
  Speaker 2: And I'd put myself in all of the chats just to see what was coming about.
• 17:31
  Speaker 2: And someone had put a post on saying I've got this house coming for rent and basically message me if you wanted.
• 17:37
  Speaker 2: So I just messaged her and said I'll take it off, yeah, and she was like, yeah, no, worries, that's fine amazing, and what was that?
• 17:46
  Speaker 2: that was.
• 17:47
  Speaker 2: That's in bourbon that's currently being refurbed now.
• 17:51
  Speaker 2: Um, so I got the keys at the start of this month and the interior designer's been in and we're just on painting.
• 18:01
  Speaker 2: So she ultimately wanted didn't want the house she's got no interest in have as being a landlord, but it brought a mortgage down on our other house so she had to keep it.
• 18:11
  Speaker 2: So she was like, yeah, if you can put it on a three-year lease, that means I'm not speaking to you for three years and I've got no trouble take it.
• 18:18
  Speaker 1: So yeah, absolutely marvelous, I mean absolutely brilliant, isn't it?
• 18:23
  Speaker 1: And again, I just got to say to people it's about being consistent and persistent in your approach, always being on on it, always putting yourself out there, always looking for different avenues as well.
• 18:34
  Speaker 1: Some people say to me you know with HMOs and things as well, you know with the tenants that we have and stuff, how do you find tenants or how do you keep tenants?
• 18:43
  Speaker 1: And it's about making little communities and I love those Facebook groups, not necessarily Facebook for finding tenants.
• 18:50
  Speaker 1: I will say that and things, because that's not always the great.
• 18:52
  Speaker 1: You're not always attracting, unfortunately, the greatest set of people, but it is great for finding landlords for people in need, to just start and spark a conversation and see where it takes you, isn't it?
• 19:04
  Speaker 2: Yeah, absolutely Like.
• 19:05
  Speaker 2: Don't get me wrong, these are not the only four houses that I've been to visit.
• 19:09
  Speaker 2: I had to read a book, go no, which is literally just keep getting no's until you get the yeses, um, and then I just pick the best ones out of them well, you had quite a few opportunities and you put a few.
• 19:21
  Speaker 1: You put quite a few offers in with different people before you even got your first deals, didn't you?
• 19:26
  Speaker 2: yeah, I did.
• 19:26
  Speaker 2: I'd been gone and I kept putting the, the deals and the offers in, but nothing ever came of it.
• 19:32
  Speaker 2: But everything happens for a reason and I've built the connections now within the community that I have a specific deal sourcer that comes to me and says I've got 50 refurbs on at the minute.
• 19:45
  Speaker 2: How many would you like?
• 19:46
  Speaker 2: So I don't just buy them for me, I help some of the other guys and I manage for them as well yeah, yeah, yeah.
• 19:54
  Speaker 1: So obviously serviced accommodation is great.
• 19:57
  Speaker 1: It's great to do rent to rent.
• 19:59
  Speaker 1: Sort of cut your teeth, get started and stuff, start to build your systems.
• 20:03
  Speaker 1: Once you've built your systems, then of course you can offer a serviced accommodation management service, and that's another thing that we go into.
• 20:10
  Speaker 1: You know a lot of detail in the training which is showing you the different methods and ways to do SA.
• 20:15
  Speaker 1: Everybody thinks it's rent to SA and stuff.
• 20:17
  Speaker 1: That's just one of them.
• 20:18
  Speaker 1: But it's really about being able to go into all situations and seeing what suits the owners, because rent to rent, believe it or not, doesn't always suit the owners.
• 20:26
  Speaker 1: Sometimes they're quite happy just to have a management company, so to speak, looking after it.
• 20:30
  Speaker 1: Well, maybe they've had management companies in the past and that's just what they're used to.
• 20:34
  Speaker 1: So now you've also you know you've got six properties under management now.
• 20:38
  Speaker 1: And how did that?
• 20:41
  Speaker 2: sort of come about Pause that Getting called Sorry.
• 20:45
  Speaker 1: That's all right.
• 20:45
  Speaker 1: That's all right, no worries.
• 20:46
  Speaker 1: So that'll be all right up to the point of me saying so.
• 20:49
  Speaker 1: How did that come about?
• 20:50
  Speaker 1: Which is management?
• 20:53
  Speaker 2: Right, okay, so the management came about just being in the communities really for like the networking and stuff, so I'd been out sort of people were getting a grip to what I do and how actually it was working.
• 21:10
  Speaker 2: And the contractors that I was pulling in Because I think people in the north struggle a little bit for the direct bookings, so when they seen that I was getting the the bookings, they're like, wow, give me a bit of that.
• 21:21
  Speaker 2: Um, so yeah, that's sort of how it slowly started to to come to me.
• 21:28
  Speaker 2: I think some of the management in the area as well maybe isn't doing as well as the guests and the landlords would like.
• 21:37
  Speaker 2: So people have been coming to me from other management companies and saying what can you offer?
• 21:45
  Speaker 2: Can you offer me anything better?
• 21:48
  Speaker 1: Oh, that's good.
• 21:48
  Speaker 1: That's good, and so are those ones for contractors, or are you working?
• 21:54
  Speaker 1: You're working with danny on a few things as well, aren't you?
• 21:56
  Speaker 2: yeah, so, um, we work quite.
• 21:59
  Speaker 2: Danny works quite closely with some of the councils up here in emergency housing for the vulnerable children, um, and we had a referral for one when, when he very picked it up, I think I was one of the first to get a placement.
• 22:12
  Speaker 2: So I put them in one of mine as a test drive and it went really well, to be fair.
• 22:19
  Speaker 2: So I think, the more I talk about that side of things, I'm getting quite a lot of detached bungalows coming through as well, because that's specific to really what Danny's after.
• 22:32
  Speaker 2: Um, there's a big cry for a detached bungalow.
• 22:35
  Speaker 2: So, if I can take them for danny and and help that way as well, yeah, we, um, we do get a lot of bungalows.
• 22:53
  Speaker 2: Are you, are you thedlesbrough and Durham that we operate with?
• 22:58
  Speaker 2: But, to be honest, the North East, they're quite happy for the children to go anywhere as well.
• 23:11
  Speaker 2: It's very rare that you'll find a child that's not Northern outside of the North East.
• 23:20
  Speaker 1: Makes sense.
• 23:21
  Speaker 2: We have a lot of South children come in but not many leave.
• 23:24
  Speaker 2: I think that's probably because of the rent up here as well.
• 23:27
  Speaker 2: It's probably cheaper.
• 23:29
  Speaker 1: Yep, yep, yep, and that's got to feel quite rewarding as well.
• 23:32
  Speaker 1: I mean, we've had danny on the podcast, danny o'brien.
• 23:35
  Speaker 1: Obviously he does service accommodation, but he, he houses vulnerable children and he's you know, he's grown it across the country.
• 23:42
  Speaker 1: Uh, he's a member of our community as well.
• 23:45
  Speaker 1: So, you know, I I think the crusade that, so to speak, he's on your, you're obviously helping that as well.
• 23:51
  Speaker 1: Um, it's an amazing thing, isn't it?
• 23:53
  Speaker 2: Yeah, definitely.
• 23:55
  Speaker 2: I mean, I see this stuff day in, day out, working as a response officer, so there's not a day where I'm not chasing a missing child down the street because, essentially, the house that they're in it doesn't fit their needs.
• 24:09
  Speaker 2: When we're providing the houses that are literally in the middle of fields, they're so much more settled because they know there's nothing around them for them to do a run at a sea, there's no bus routes or nothing.
• 24:23
  Speaker 1: so, yeah, it's, it's so much more rewarding definitely so if anybody's in, so to speak, the northeast that has a property, maybe it's not performing the way that they'd like and they'd like to have a little chat with Ellie, would you be up for that?
• 24:36
  Speaker 2: Yeah, absolutely yeah.
• 24:37
  Speaker 2: Give me a message or we can jump on a call and we can sort something out.
• 24:41
  Speaker 2: Absolutely Only solutions, not problems.
• 24:45
  Speaker 1: That's it.
• 24:46
  Speaker 1: That's what it's all about.
• 24:47
  Speaker 1: That's what it's all about.
• 24:48
  Speaker 1: So I mean you, you've got your four rent to rent, you've got six under management, you've got a business now of 10 of 10 properties.
• 24:55
  Speaker 1: Let's say, for argument's sake, you started 12 months ago.
• 24:58
  Speaker 1: Give or take the odd month, and that's not, that's not bad.
• 25:00
  Speaker 1: Going over 12 months is it.
• 25:03
  Speaker 2: No, I honestly can't complain at all um the plan's not to stay in the job forever.
• 25:09
  Speaker 2: Response policing doesn't have the best impact on you, so I'm looking to move out of that.
• 25:17
  Speaker 2: So, if I can do it within a year, yeah, absolutely, we'll be flying.
• 25:24
  Speaker 1: Did you think 12 months ago that you'd be sat doing what you're doing now?
• 25:27
  Speaker 1: Or was it just like that was your vision, but you weren't 100% sure.
• 25:30
  Speaker 1: What do you think?
• 25:32
  Speaker 2: No, I knew I wanted to do it, um, and I backed myself to do it.
• 25:37
  Speaker 2: I just didn't think it would come as fast, um.
• 25:41
  Speaker 2: But yeah, since I got that first deal, literally things have been non-stop, and I'm forever grateful for that, because I don't want to work the rest of my life as a nine-to-five.
• 25:57
  Speaker 1: I would say you know short-term pain, and it's not pain.
• 25:58
  Speaker 1: Short-term hard work gives you a long-term game.
• 25:59
  Speaker 1: It gives you choices, doesn't it?
• 26:00
  Speaker 1: I mean, the fact of the matter is, now that we're having this conversation and you have choices now, don't you?
• 26:04
  Speaker 1: You're not just like I was as well, for you know 16-odd years in the corporate world thinking to myself I just need to make sure that I keep my job and hopefully I'll get a pension retirement fund, and this is this.
• 26:14
  Speaker 1: Is it for the next, you know, 30, 40 years, or whatever?
• 26:17
  Speaker 1: You you've got yourself to a point, now that you know, maybe a few more properties, maybe you want a bit more security.
• 26:23
  Speaker 1: I know for a fact you'll back yourself, because you've done nothing but back yourself this whole time.
• 26:27
  Speaker 1: Uh, you're like a little pocket rocket, so to speak.
• 26:31
  Speaker 1: You just fly in there, but you've got such a great nature and such a drive as well, and that's the one thing that I would say to other people and I'd love to get your take on this as well is when somebody actually backs themselves to get started.
• 26:44
  Speaker 1: Now we see it ourselves in our community.
• 26:46
  Speaker 1: Some people come in and fly, some people come in and are steady away.
• 26:49
  Speaker 1: I mean, there's a lot of successful people now in our community from the post, you know, getting bookings and all that stuff, but some people do fall by the wayside as well, and I really just believe that the only difference between myself, between you, between somebody that falls by the wayside, is we back ourselves 100% to say this is going to happen.
• 27:11
  Speaker 1: Ok, I'm not going to stop until I get the results that I want.
• 27:15
  Speaker 1: What do you think about that?
• 27:17
  Speaker 2: Yeah, absolutely.
• 27:18
  Speaker 2: I think from my experience, the amount of negativity around you that you have does have an impact on you, knowing that myself, the amount of people that I've had come up to me that are in the job and they're like, well you know, policing, like you can retire really early, you'll get a really good pension, and the negativity that you get in your ear if you let that affect you, you're never going to get anywhere.
• 27:44
  Speaker 2: I just now I'm at the point where I just you just sit and agree and just let them do them and you do you, because if if you're not backing yourself, you're genuinely not going to get anywhere, because you've got to have the grit to do it.
• 27:58
  Speaker 1: Exactly, and we all have naysayers around us.
• 28:00
  Speaker 1: You know, even if you've got support from your closest family because they believe in you and things, people sometimes, when I say, doubt you as well, even some of your loved ones.
• 28:09
  Speaker 1: They might not doubt you.
• 28:11
  Speaker 1: They fear for you, they think it's risky.
• 28:13
  Speaker 1: Their mindset is if you lose money, that's a seriously bad thing.
• 28:17
  Speaker 1: Now, don't get me wrong.
• 28:18
  Speaker 1: It's not great to lose money, but if you lose money and you learn something from it, which is not to do that again, it's just a learning, isn't it?
• 28:26
  Speaker 1: And we pay for all sorts of learnings.
• 28:28
  Speaker 1: And I think some of the older mindset in my, some of my family, some of my family members, have been on board.
• 28:33
  Speaker 1: They've been like my biggest cheer cheerleaders, so to speak, as well, and there's been a few that I wouldn't say they doubted me.
• 28:40
  Speaker 1: Maybe they have, maybe they haven't, I've never asked them, but they certainly had the comments that said, well, that's risky, you shouldn't be doing that.
• 28:46
  Speaker 1: You should be, you know, have your head down in your career and everything.
• 28:49
  Speaker 1: And I think it's more down to them than it is to me, whereas I always back to myself to say that you only fail if you stop, don't you um, so you still have that sort of I mean other elements there that you've had people you know saying well, what do you think?
• 29:02
  Speaker 1: Why are you doing this?
• 29:03
  Speaker 1: Who do you think you are, so to speak?
• 29:06
  Speaker 2: yeah, it's.
• 29:07
  Speaker 2: There's people constantly in my ear saying like whoa Ellie, like are you sure that's a lot of money, but I'm at the point now where, if I lost it all tomorrow, I could just make it all again, exactly.
• 29:20
  Speaker 1: I love it.
• 29:20
  Speaker 1: I love it, yeah, and that's it.
• 29:22
  Speaker 1: That is.
• 29:23
  Speaker 1: You've hit the nail on the head there.
• 29:24
  Speaker 1: I've said exactly the same If my cards came tumbling down and I lost everything.
• 29:29
  Speaker 1: Today, I am very safe in the knowledge that I know exactly what to do now, and I do it probably quicker and better than I did the first time, because you're going to be better.
• 29:38
  Speaker 1: And it's like when you look at people who are very, very wealthy, very, very rich, and their companies just go bang and under.
• 29:45
  Speaker 1: They're still driving around in Rolls Royces and things like that.
• 29:49
  Speaker 1: They've got the money back very, very quickly.
• 29:51
  Speaker 1: Why?
• 29:51
  Speaker 1: Because they know how to do it, and I think that's the one thing is you now know how to do it and things.
• 29:56
  Speaker 1: So obviously you've got a few properties.
• 29:59
  Speaker 1: Now what's the day-to-day like?
• 30:04
  Speaker 1: Because you're still working a full-time job.
• 30:04
  Speaker 1: It must be quite is it challenging managing and looking after all these properties whilst obviously still having a day job?
• 30:09
  Speaker 2: yeah, so we're in the process of literally systemizing everything, um.
• 30:15
  Speaker 2: So we've sort of got our channel managers that send all of that out.
• 30:20
  Speaker 2: We've just onboarded with graham's guest floor, so all the guest side of things, the messaging, the ids, sort of all of that is literally in hand with the software that we've got.
• 30:31
  Speaker 2: Um, and we're in the process of taking on a VA, because I'm building a business I'm not building myself to be in the business love that, love that and that.
• 30:41
  Speaker 1: That is very, very important.
• 30:42
  Speaker 1: And you know, one of those things is, once you've got, oh we say, a handful of properties, you've got cash flow coming in.
• 30:48
  Speaker 1: It's about right.
• 30:48
  Speaker 1: What can I budget now to start getting some of the admin stuff sorted for me?
• 30:53
  Speaker 1: I mean, your strength is obviously going out there, doing the deals, finding the deals.
• 30:57
  Speaker 1: That's where the money is for your business.
• 30:59
  Speaker 1: So what's the future hold for Ellie?
• 31:02
  Speaker 1: What are your plans?
• 31:03
  Speaker 1: What do you want to grow?
• 31:07
  Speaker 2: So I'm going to take on I want to take on some more management, grow the management side of things, and then I'm looking to expand my portfolio.
• 31:15
  Speaker 2: Really, um, I want to do some flips.
• 31:19
  Speaker 2: Um, that's got a real interest in me just because I love walking into broken houses and making them look pretty um, and just growing the portfolio for multiple streams.
• 31:29
  Speaker 2: So I've been in communication about taking some HMOs on as well.
• 31:32
  Speaker 2: Okay, just growing it in all aspects.
• 31:36
  Speaker 2: Really, I just want to put myself into the property space as much as I can.
• 31:42
  Speaker 1: Yeah, I think that's good.
• 31:43
  Speaker 1: Also, I always think it's quite good to diversify what you've got there.
• 31:47
  Speaker 1: You know people would have heard me say it a million times, but I like to think of my wealth as a bucket.
• 31:52
  Speaker 1: I want many different taps, a bit of service accommodation, a bit of HMOs.
• 31:55
  Speaker 1: You know some purchase lease options there, maybe some other businesses as well.
• 31:58
  Speaker 1: It just helps me sleep at night to know that if something happens and you know can't foresee the future but if something happens and you know can't foresee the future but if something happens, I've still got revenue coming through different channels and things.
• 32:09
  Speaker 1: It's very, very unlikely that everything that I've got building my wealth up, uh, and paying for my lifestyle is all going to stop at once.
• 32:18
  Speaker 1: And if it does, I'm not the only one that's got some major problems.
• 32:21
  Speaker 1: Do you know what I?
• 32:22
  Speaker 2: mean yeah, yeah, no, definitely, that's just it.
• 32:26
  Speaker 2: I know now that if everything went right right down the pothole with the job, I know that I could just this.
• 32:33
  Speaker 2: This business now would would just take over.
• 32:36
  Speaker 2: I've got mine, but then I've got the management side and I only hope to grow all of that okay, brilliant, absolutely amazing.
• 32:43
  Speaker 1: So let me just ask you a couple of questions.
• 32:45
  Speaker 1: Then.
• 32:45
  Speaker 1: What would you say your biggest challenge has been so far?
• 32:50
  Speaker 2: um, I think probably my biggest challenge is getting people to take me seriously.
• 32:58
  Speaker 2: I would say I think probably because of my age, and I think in the industry now there's a lot of younger people coming in that maybe don't do any of the coaching or anything like that and they're sourcing and selling a lot of bad deals or they're rent to rent in and they're just tipping the house upside down.
• 33:18
  Speaker 2: It's not being handed back.
• 33:19
  Speaker 2: So I think there's probably a barrier in speaking to the older people sort of within property, when you're not, when they don't know you.
• 33:28
  Speaker 2: Um, just because they're like oh, she's a 21 year old, what does she know?
• 33:33
  Speaker 2: But nine times out of the ten there's some of the people that I speak to.
• 33:37
  Speaker 2: I just didn't know more than them?
• 33:40
  Speaker 1: well, you do, because a lot of people don't get educated.
• 33:42
  Speaker 1: They get to a point where they just think well, I know it all now, and that's the old way of thinking, isn't it?
• 33:46
  Speaker 1: Whereas we're always staying up to date with the latest trends, the latest regulations, what's going on.
• 33:52
  Speaker 1: And it does mean that, you know, we all start at one level, but we start to when you, when you educate yourself, get to a higher level there, and once you're there, it's very difficult then to to just sort of talk to people who are set in their ways, to just sort of talk to people who are setting their ways.
• 34:04
  Speaker 1: But I also think that when you build a property business, obviously it's a bricks, and mortar, is property, but it's all about relationships as well, and I would never do a deal, or even a management deal, with somebody that I couldn't get along with, so to speak.
• 34:17
  Speaker 1: Now, we don't have to be best mates In fact, we don't want to be.
• 34:19
  Speaker 1: It's got to be a good work in relationships, but for me, on the same page.
• 34:23
  Speaker 1: So is that what you've found with the people you've worked with?
• 34:26
  Speaker 2: Yeah, definitely.
• 34:27
  Speaker 2: I'm picky in who I like to work with, because if we get along, it just makes your life so much easier Like it really really does and someone, I think, that has a bit of knowledge of the background and how it all works.
• 34:44
  Speaker 2: It's yeah, it's just so much easier.
• 34:47
  Speaker 1: And having built this business now, what do you like most about it?
• 34:54
  Speaker 2: I think it's probably the making the houses look the prettiest and then getting the people in, and then the compliments.
• 35:02
  Speaker 2: I love the compliments from them.
• 35:04
  Speaker 2: We've got an interior designer at the minute in one of the houses and even my painter and decorator said to me yesterday Ellie, I'm not going to lie, I thought it was going to look really bad, but actually it looks mint.
• 35:15
  Speaker 2: It's really bad isn't it?
• 35:17
  Speaker 1: I've got a really good painter and when we get him to decorate things, obviously we get him to paint ceilings the same colour as walls, because that's the way it is now, isn't it?
• 35:26
  Speaker 1: It's all of those.
• 35:26
  Speaker 1: And even he's like well, it's going to take two coats to get this back to white.
• 35:30
  Speaker 1: I said, well, maybe that's just the old way of thinking.
• 35:33
  Speaker 1: And he's always even at the end he says the same.
• 35:36
  Speaker 1: He's like I didn't think it'd look as good as that.
• 35:38
  Speaker 2: Yeah, no, we've got a.
• 35:41
  Speaker 2: We've got a black ceiling in the bathroom at the minute and the painter was having a heart attack.
• 35:44
  Speaker 2: But he's like, oh, I quite like it now yeah, it does, it does.
• 35:48
  Speaker 1: We've done that.
• 35:48
  Speaker 1: Actually we've done that in our own home.
• 35:50
  Speaker 1: So we've got a very white kitchen, um, but we've gone like charcoal sort of black along the ceiling and down one of the walls and it just, it just makes it looks really, really smart.
• 35:58
  Speaker 1: We knew it would because we'd already seen pictures of it out from a different property, but when the painter came to do it he was just like I'm not sure this, I'm not sure that.
• 36:06
  Speaker 1: But now he gets it, he's just like just just get on and do it, man, just get on and do it, just paint what we tell you to paint with it.
• 36:11
  Speaker 1: But now that's good.
• 36:13
  Speaker 1: So that's one of the things you enjoy, obviously, is creating that sort of home space, that living space for your, for your clients and things and then obviously, the reviews come with it yeah, definitely we predominantly do contractors, but I think the spec that we do them to the families love them just as much.
• 36:31
  Speaker 2: So, yeah, it's really rewarding getting someone to stay in your house as opposed to the premiering down the road well, that's it.
• 36:39
  Speaker 1: That's it.
• 36:40
  Speaker 1: So you yourself now looking at buying properties, looking at building your own portfolio and things alongside that as well, and I'm really, really thrilled to see what you're going to be doing over the next 12 months, after seeing what you've done over this 12 months, which has been hugely great stuff.
• 36:55
  Speaker 1: Now, when I have a guest on, I do like to have a little quick fire round at the end and ask them a few questions, because I'm always interested to see what the answers.
• 37:03
  Speaker 1: Are you right with that?
• 37:04
  Speaker 2: yeah, go for it good stuff, good stuff.
• 37:07
  Speaker 1: So what's the best advice you've been given?
• 37:11
  Speaker 2: the best advice it probably would be just back yourself, genuinely like.
• 37:18
  Speaker 2: If you don't believe that you're going to do it, you're not like you.
• 37:22
  Speaker 2: You can be filled with as much knowledge as possible, but if you don't believe in yourself that you're going to succeed in doing that, then there's no point having the knowledge because you're not following through with it.
• 37:35
  Speaker 1: Love that Great point.
• 37:37
  Speaker 1: Great point If you could sit down with three people, dead or alive, who would you like to sit down and have dinner with?
• 37:46
  Speaker 2: The first one probably would be my mum.
• 37:47
  Speaker 2: She died when I was 14, so she doesn't know.
• 37:51
  Speaker 2: She's definitely not property, so I would honestly think she would be bending over backwards screaming at me right now calling me crazy.
• 38:00
  Speaker 2: So I would love that.
• 38:01
  Speaker 2: And then the other ones ones do you know what the problems would be?
• 38:08
  Speaker 2: just some of the people that I've met that I'm probably no longer friends with because I focused on this instead of going out and partying and things it's probably what it would be, just the ones that didn't back me, just so I could literally sit down and say I told you so because I love being right love it.
• 38:34
  Speaker 1: Okay, no problem, that's really really cool.
• 38:36
  Speaker 1: Um, do you listen to podcasts?
• 38:39
  Speaker 2: yeah, I do, we'll listen to podcasts three go-to podcasts um.
• 38:45
  Speaker 2: So the girls in property podcast love that.
• 38:49
  Speaker 2: Um, that's going to be doing big things.
• 38:52
  Speaker 2: I really enjoy that sam cooks blue bricks magazine.
• 38:56
  Speaker 2: I enjoy listening to that.
• 38:58
  Speaker 2: Um, I'm constantly listening to yours.
• 39:02
  Speaker 2: Um.
• 39:05
  Speaker 2: And then a book I would say is steve durant's burn.
• 39:09
  Speaker 2: The bullshit is really good, just about putting yourself out of your comfort zone zone and doing what you know you need to do if that makes sense, and just biting the bullet and getting to grips of yourself and go and stand in a room and scream and let everybody look at you.
• 39:27
  Speaker 2: That sort of stuff that's just not given a care in the world about what anybody else thinks.
• 39:32
  Speaker 2: Just getting on and doing it brilliant.
• 39:35
  Speaker 1: I like that you jump straight into my next question as well.
• 39:37
  Speaker 1: So there you go.
• 39:38
  Speaker 2: Any, any other books that you've read and recommend, or, or, um I think all the others would probably be a generic rich dad, poor, poor dad, all that sort of stuff.
• 39:48
  Speaker 1: Yeah, going through, going through the basics.
• 39:51
  Speaker 1: At the end of the day, if you haven't gone through those, you've got to read them just to experience them.
• 39:54
  Speaker 1: Haven't you have those moments?
• 39:56
  Speaker 2: Yeah, literally.
• 39:58
  Speaker 1: Or listen to them.
• 39:59
  Speaker 1: Brilliant Ellie, Absolutely Always a pleasure to have you on.
• 40:02
  Speaker 1: I look forward to hopefully getting you on again in the future when you've done a few more deals or whatever you're going to be getting up to potentially, you know, be there to celebrate as well when you leave the day job and you go full time.
• 40:13
  Speaker 1: I don't think that's going to be very long, Do you?
• 40:16
  Speaker 2: No, definitely not.
• 40:17
  Speaker 2: I've got it in my head now that I'm gone, so I don't like to be wrong, so it's got to be done.
• 40:23
  Speaker 1: It's got to be done.
• 40:24
  Speaker 1: It's got to be done.
• 40:24
  Speaker 1: Yeah, sometimes we hang on to something too long, but I believe, with the way that you back yourself and everything, as long as you've got the financials covered, you know what you're bringing in, you know what you're doing, then, yeah, don't stick around, go out there and you know supercharge anybody's interested in that, or sat on the fence with that.
• 40:52
  Speaker 1: What sort of advice would you give them do?
• 40:54
  Speaker 2: you know what?
• 40:55
  Speaker 2: Literally, just do it.
• 40:57
  Speaker 2: That is.
• 40:58
  Speaker 2: That is the only thing you can do.
• 41:00
  Speaker 2: You're gonna regret not doing it more than you're going to regret doing it.
• 41:06
  Speaker 2: That's.
• 41:08
  Speaker 2: That's literally the high and low of it.
• 41:10
  Speaker 2: Just jump in and do it.
• 41:11
  Speaker 1: And let's leave with some pearls of wisdom from Ellie as well.
• 41:14
  Speaker 1: What advice would you just give anybody out there at the moment?
• 41:19
  Speaker 2: Um, what advice would I give?
• 41:23
  Speaker 2: That is such a good one, you've put me on the spot there.
• 41:25
  Speaker 2: Um, what advice would I give?
• 41:27
  Speaker 2: That is such a good one, you've put me on the spot there.
• 41:30
  Speaker 2: What advice would I give?
• 41:31
  Speaker 2: It would probably be when you're doubting yourself and everybody else is around you doubting you, just take a step back, look at the situation and then just jump in.
• 41:49
  Speaker 1: Okay, brilliant, great advice.
• 41:50
  Speaker 1: Just take a step back, look at the situation and then just jump in.
• 41:51
  Speaker 1: Okay, brilliant, great advice.
• 41:52
  Speaker 1: You heard it.
• 41:52
  Speaker 1: You heard it here.
• 41:53
  Speaker 1: First just jump in, get stuck in and everything just jump in.
• 41:55
  Speaker 2: You're going to regret not doing it more than you're going to regret doing it that's it.
• 41:59
  Speaker 1: I always say what's the worst that can happen.
• 42:00
  Speaker 1: If, at the end of the day, you know it's not that bad, go for it.
• 42:04
  Speaker 1: And if it's not that bad, it's not.
• 42:05
  Speaker 1: But also look at the plus side.
• 42:06
  Speaker 1: What day you know it's not that bad, go for it.
• 42:06
  Speaker 1: And if it's not that bad, it's not.
• 42:07
  Speaker 1: But also look at the plus side.
• 42:07
  Speaker 1: What actually can you gain out of it?
• 42:09
  Speaker 1: Well, as I say again, great to have you on, ellie, always a pleasure, always a pleasure.
• 42:13
  Speaker 1: And, of course, if you are interested in the ultimate service accommodation business builder, then I am more than happy to jump on to a 20, 30minute call with you, have a little chat about it, see whether it's right for you it's not right for everybody to help and support you.
• 42:28
  Speaker 1: So, ellie, it's been an honour to have you joining us here.
• 42:31
  Speaker 1: It's been a long time coming as well, hasn't it?
• 42:33
  Speaker 1: I've had to chase you a few times to get you on here.
• 42:36
  Speaker 2: Yeah, like I say, I'm quite stubborn, so I'd said until I've got my fourth now.
• 42:43
  Speaker 1: so we're rocking and rolling got your fourth, fifth, sixth, seventh, eighth, ninth, tenth as well, we're absolutely jumping through yeah, great stuff, great stuff.
• 42:53
  Speaker 1: So I hope you've enjoyed this episode as much as I have.
• 42:55
  Speaker 1: Uh, and you get out there and you actually make things happen.
• 42:58
  Speaker 1: If you need any help or assistance, then do check out the property unleashcom.
• 43:02
  Speaker 1: We have a lot of free tools and resources.
• 43:04
  Speaker 1: As ellie was saying there, she went through a lot of those to see whether iticed accommodation was right for her.
• 43:09
  Speaker 1: So we are there to help and support everybody.
• 43:12
  Speaker 1: Why?
• 43:12
  Speaker 1: Because what goes around comes around in life, and I did exactly the same when I was starting out as well, so it's great to see and help others on their property investing journey.
• 43:21
  Speaker 1: If you've enjoyed this, please feel free to share, like and subscribe and, if nothing else, come and join me in the next episode very soon.
• 43:29
  Speaker 1: You all take care and bye for now.