Principles of International Property Investing with Lukasz Bryzyski
The Property Nomads Podcast · Rob Smallbone & Aaron Devoy
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Show Notes
In this episode, Rob speaks to Lukasz Bryzyski who is an international landlord that is based in Belgium (or is that Sweden) but invests mainly in the UK and Poland. He explains why he decided to do that and how you can potentially do the same. During the podcast, Rob and Lucas compare how they invest in property, identify the differences, and share some tips.
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KEY TAKEAWAYS
- The UK still offers a good return for investors.
- It is easy to hire professionals in the UK to do everything for you. This is not the case in other countries.
- In Sweden and Poland, there is less property-related data available online, which makes it far harder to research things like price and demographics.
- There are far more lenders in the UK than there are in many other countries.
- In Sweden, lenders look at you as an individual rather than as a business, which makes financing harder to secure.
- The housing market is very buoyant in Poland, at the moment, with average increases of 10%.
- Never assume things work the same. For example, in Sweden, it is very very hard to get rid of bad tenants.
- To start with, as a non-UK resident you can expect to pay a higher interest rate.
- Having property in other countries can help you to spread your risk.
- When investing, it is important to do a what-if spreadsheet, so you can see if you could, for example, survive an interest rate hike.
- International investors follow the numbers. They do not care where they buy in the UK.
- When you invest remotely you need to hire a good team. Real experts.
- If you can get your experts working together. When you do they will play a role in overseeing each other’s work and picking up any issues.
BEST MOMENTS
‘I think there is over 2000 lenders in the UK.’
‘The principles, location, location, location, networking, finding the place, the people and the finance are pretty much the same everywhere.’
‘Focus on your team and make sure that you surround yourself with people who are actually experts.’
GUEST RESOURCES
www.momentumpropertyeducation.com
YouTube: https://www.youtube.com/c/MomentumPropertyEducation
Facebook: https://www.facebook.com/momentumpropertyeducation/
VALUABLE RESOURCES
Buy to Let: How to Get Started – By Rob Smallbone (Amazon)
ABOUT THE HOST
Rob Smallbone the host of The Property Nomads Podcast, is on a global mission to guide your success. Success can happen in many ways, shapes, and forms. Think about what success means to you. More properties? More clients? Financial freedom? Time freedom?
Rob wants to make a huge difference to people around the world. He is here to guide your success in property, business, and life and to inspire you to achieve your goals, dreams, and visions. He's travelled, explored, and invested. And he's not planning on stopping these activities anytime soon.
Buckle up, sit tight, and enjoy the ride that is life.
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