30: EP030 pt1 - Nick Watchorn - Managing Director - Landlords National Purchasing Group

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Property Investors Podcast

Education


In 2008 Nick Watchorn, a landlord frustrated by the difficulty in finding good quality products for his rental properties, came up with a simple idea. He would bring together landlords from across the UK and collectively they would be able to negotiate better prices. As a consequence of his persistence LNPG was born and is now the fastest growing buying group for landlords in the UK. In this episode Tom & Adam are joined by Nick and find out more about how the Landlords National Purchasing Group are helping landlords save money and improve quality as well as Nick’s entrepreneurial journey.  · We find out Nick’s personal employment history and how he entered into the rental market as a landlord. · Nick’s disaster first purchases! · How Nick built a portfolio of 30 properties pre-2008. · The building of relationships with his tenants.  · How LNPG come about and its core purpose.   · Nick tells us how he works on behalf of landlords to improve service from manufacturers. · Nick’s view on the tenant fee ban and government policy.   · Why Nick has avoided HMO’s and kept with purchasing houses.  · Nick name drops having dinner with Prince Charles!   · Tom and Nick share stories about nightmare tenants.  · Should there be a qualification to be a landlord? To find out more about LNPG or become a member visit http://www.lnpg.co.uk follow on twitter: @theLNPG, like their facebook page: http://www.facebook.com/theLNPG/ For more from the Property Investors Podcast follow us on Twitter/Instagram/LinkedIn @PodcastProperty or join our community on Facebook: http://www.facebook.com/propertyinvestorspodcast