Building a 7-Figure Property Portfolio with Scott Dunsmore
Scottish Property Podcast - A podcast by Nick Ponty and Steven Clark - Mondays
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Join us in this engaging episode with Scott Dunsmore as he shares his invaluable experiences and lessons learned in the property investment world. Whether you're a seasoned investor or just starting, there's something for everyone in this episode.
First Property Investments:
- Initial Investments: Scott discusses his first buy-to-let properties, the challenges with troublesome tenants, and low-value properties.
- Learning Curve: He explains how he learned from these experiences and adjusted his investment strategies over time.
Commercial Property and New Builds:
- Transition to Commercial: Scott details his shift into commercial property investment.
- New Build Project: He talks about the challenges and successes of a new build project, particularly during the COVID-19 pandemic.
Business Challenges and Shifts:
- Family Business: Scott shares the struggles with his dad's door company, including losing a major contract.
- Capital Reallocation: He discusses winding down the business and using the capital to fund his property investments.
Current Portfolio and Strategies:
- Current Holdings: A mix of residential and commercial properties.
- Recent Acquisitions: Scott highlights recent property acquisitions and his focus on sourcing and scaling his business.
Personal Growth and Future Plans:
- Personal Development: Scott reflects on his personal growth through his property journey.
- Importance of Education: He emphasizes the value of continuous learning and networking.
- Future Plans: Exploring commercial property courses and further scaling his property business.
Challenges and Reality of Property Investment:
- Realities of Investment: The discussion covers the hard work and challenges inherent in property investment.
- Resilience: Scott stresses the importance of resilience and adaptability in overcoming setbacks.
Follow Scott Dunsmore on Instagram: https://www.instagram.com/scottdunsmoreproperty__
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Prime Property Auction: www.instagram.com/primepropertyauctions
John: www.instagram.com/john_property_auctioneer
Luis: www.instagram.com/luis_property_auctioneer
Visit Prime Property Auction website: https://primepropertyauctions.co.uk/
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