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__ ------------------------------------------------------------ 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/ 🔗 Subscribe and watch episodes on our YouTube channel **DISCLAIMER**Please do your own due diligence on any of our guests you may decide to do business with. We interview in good faith. However, we cannot be held responsible for any credibility issues that may arise. 🤝 Visit one of our monthly networking meet-ups. We run them on the 1st Wednesday of each month and have some fantastic guest speakers.🎟 Book your place at the networking events here ⭐️⭐️⭐️⭐️⭐️ Hope you find content useful and we would really appreciate it if you could leave a review on Apple podcasts or Spotify. Connect with us on social media:🔗 Join our private Facebook group 🔗 Follow us on Instagram 📩 Email us: [email protected] [email protected]