3 KEY differences between landlords and investors

The Property Nomads Podcast

Rob delves into the key differences between landlords and property investors, highlighting three main areas of distinction: role and focus, income generation, and involvement and time commitment.

Landlords primarily focus on property management and rental income, while property investors have a broader spectrum of investment strategies. Landlords rely on rental payments as their main source of income, whereas property investors may also generate income through selling properties, mentoring, or other ventures.

KEY TAKEAWAYS

• The key differences between landlords and property investors are often overlooked and not widely discussed.
• Landlords primarily focus on property management and rental income, while property investors have a broader spectrum of investment strategies.
• Landlords rely mainly on rental income for their primary source of income, while property investors may also generate income through capital appreciation, mentoring, training businesses, writing books, or monetising podcasts.
• Landlords are typically more hands-on and involved in the day-to-day management of properties, while property investors tend to take a more hands-off approach and utilise power teams and letting agents.

BEST MOMENTS

"The time commitment that a landlord has is significantly quite high in comparison to property investors."

"We've always said, as long as you do everything under this giant ethical umbrella, i.e. what you're doing is perfectly legal to do, there's no right or wrong."

"We know people that have started out being property investors that have gone over to being landlords because they actually prefer that aspect of running the portfolio."

"Ultimately, these things take time. There is no right or wrong. You have to do what works for you, and you can only do that through trial and error."

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ABOUT THE HOST

Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s.

BOOKS

Property FAQs = https://amzn.to/3MWfcL4

Buy To Let: How To Get Started = https://amzn.to/3genjle

101 Top Property Tips = https://amzn.to/2NxuAQL

WHERE TO FIND US

https://linktr.ee/thepropertynomadspodcast

uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast