
Don't Know Who to Trust in UK Property?
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#215
As a remote investor in UK property, you can't easily visit the UK.
So you have to depend on UK-based partners for everything.
When things go wrong, fixing them from afar is way more challenging than for local investors.
So we’ve assembled some of the finest minds in UK property for perhaps the most important topic in property:
Rod Turner Akhil Patel Alicia Barlow Julian Maurice Damian Hughes Michael Cheek Rob Dix Jim Pittman Richard Brown Adam Lawrence Sean the Property Tax Accountant Dean PropSourcer Stuart Ball Dan Patient
Managing Risk Part 1 & Part 2
We discuss:
- The connection between trust and risk
- Charles H. Green's Trust Equation
- Credibility / Reliability / Intimacy / Self-orientation (negative virtue)
- Recap of 300K lost in a joint venture deal
- Meeting in person
- Incremental relationship building
- Pitfalls of Reviews
- Issues with online review sites such as Trustpilot:
- Trust But Verify: Due Diligence
- Reducing Risk / Testing Trustworthiness
- Early Detection of Poor Partnerships
- Parallel Partners to Maintain Leverage
- Crumb Method
- Due Diligence: on Companies House
- Property Sourcers
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Keywords: expat property investment, UK property, remote investing, trust, risk management, due diligence, power team, property sourcer, letting agents, property management, joint venture property, self-orientation, verification, Companies House, mortgage broker, property mentor, trustpilot reviews, property scams, compliance checks