Property Experts CLASH: Flipping Property Is A Nonsense Strategy! | Alfred Dzadey & Property By Kazy

Joining us in the booth this week is Kazy, an experienced property developer and property investor with over 10 years experience in the property industry and Alfred Dzadey a property investor with a £4 million + property portfolio. In this episode we discuss: Is deal sourcing the best place to start in property? Rent to rent doesn’t offer financial freedom! Only the top 1% of rent to renters make real money?! Only the top 1% are successful in raising money?! Steps to investing into property Property Flipping vs HMO investing Spring Budget impact on property Predictions for property in 2024 and much more! Follow Kazy on Instagram -   / propertybykazy   Follow Alfred on Instagram -   / alfred_dzadey   📩 Sign up to mailing list to be the first to know about upcoming events: http://eepurl.com/hJEcLL Follow me on socials:   / savvywallet     / savvywallet   🎙 Listen to The Savvy Wallet Podcast on: Apple Podcasts: https://podcasts.apple.com/gb/podcast... Spotify: https://open.spotify.com/show/140VU4f... 🤝 Partners Tide - Earn 3.81% AER Variable on your business savings here: https://glnk.io/91954/ato8fr You'll get a free £100 when you use the code ‘SAVVYWALLET’ and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply. New Tide members receive a 0.77% AER boost on the standard 3.04% AER on unlimited balances until 01/06/25, after that the standard rate applies with no interest earned on balances over £75,000. Rates correct as of 06/02/2025. Terms and conditions apply. Visit tide.co/savings for up to date rates. Yesim - Get €5 off any plan with my code: savvy5 https://bit.ly/41OAO6i Check out our partners who offer Stocks and Shares ISA and more: ⚡️Trading 212⚡️ (The investing platform I use) Get a FREE fractional share worth up to £100 when you open an ISA or invest account and deposit at least £1, using my link: https://www.trading212.com/join/SAVVY If you don't get the free share automatically after depositing £1. Use the code "SAVVY" in the promo code box. You can use this code for up to 10 days after opening the account. When investing, your capital is at risk. Tax treatment depends on your individual circumstances and regulations which may change. Other fees may apply. ⚡️Hargreaves Lansdown ⚡️ http://hl.7eer.net/B0mz50 Capital at risk ⚡️Interactive Investor ⚡️ https://prf.hn/click/camref:1101l3RTL... Capital at risk Learn AI, Cybersecurity, Project Management, Data Science & more with the education platform that I use: 📚Coursera https://imp.i384100.net/savvywallet Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you. TIMESTAMPS 0:00 - Preview 1:18 - Intro 1:53 - Meet Alfred Dzadey 2:37 - Meet Kazy 2:56 - Is deal sourcing the best place to start in property? 5:11 - DEBATE: Rent to rent doesn’t offer financial freedom! 9:48 - Only the top 1% of rent to renters make real money?! 12:21 - Steps to investing property 13:28 - Only the top 1% are successful in raising money?! 15:08 - DEBATE: Property Flipping is a BS Strategy! 21:23 - Since 2017 flat prices in London have gone up 3% 24:17 - Flipping is a more liquid asset than the HMO model 25:00 - Sold a property 10 years ago for £310,000, today it’s worth… 28:40 - You raising money is you working! 31:08 - One property strategy has recurring incomes, the other doesn’t! 35:43 - Is property flipping still viable in 2024? 36:42 - HMO portfolios have overvalued assets! 39:28 - Landlords favour professionals?! 42:54 - Spring Budget Change - Less tax in property 45:06 - Spring Budget Change - Multiple Dwellings 47:56 - Predictions for Property in 2024 52:21 - Final words Other EPISODES to watch: EP. 113 - CAREER EXPERT REVEALS: 3 Things You MUST Do Get A £10,000+ Pay Rise ft. Adelle Thompson    • Career Expert REVEALS Exactly How To Negot...   EP. 112 - ACCOUNTANT REVEALS: 4 Things You MUST Do To Build And Preserve Wealth! ft. Crosby Enninful    • Accountant REVEALS: 4 Things You MUST Do T...   EP. 111 - PROPERTY EXPERT REVEALS: Top Property Strategies To Make Money In 2024 ft. Property By Kazy    • Property Expert REVEALS: Top Property Stra...   EP. 110 - ACCOUNTANT EXPOSES: The UK Tax System Isn’t Designed For You To Get Rich…! ft. Benedicta    • ACCOUNTANT EXPOSES: The UK Tax System Isn’...   EP. 109 - How I Got A Tech Job With No Experience & No Degree! ft. Maya Saffron    • Tech Expert: How I Got A Tech Job With No ...   EP. 108 - Secret to Nala's Baby's Success, Working With Aitch, Selling My Label & More ft. David Olusegun    • Secret to Nala's Baby's Success, Working W...   EP. 107 - Lessons learnt from Google, Changing The Hair Industry With Tech & More!    • Lessons learnt from Google, Changing The H...   EP. 106 - Mortgage Advisor: Don’t Buy A House In 2024 Unless…! ft. Dan Knott (Dan Does Mortgages)    • UK Mortgage Advisor: Don’t Buy A House In ...   #thetakeoff #businesspodcast #motivationalpodcast