DiscoverThe Savvy Wallet Podcast (Formerly The Take Off Experience Podcast)EP. 125 - PROPERTY EXPERT: London Property Market is Broken! First-Time Buyers Can’t Buy Property Unless..! ft. TJ Atkinson
EP. 125 - PROPERTY EXPERT: London Property Market is Broken! First-Time Buyers Can’t Buy Property Unless..! ft. TJ Atkinson

EP. 125 - PROPERTY EXPERT: London Property Market is Broken! First-Time Buyers Can’t Buy Property Unless..! ft. TJ Atkinson

Update: 2024-06-10
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Joining us in the booth this week is TJ Atkinson a Property Investor and Property/Finance Coach.


In this episode we discuss: 

- The importance of understanding why you're pursuing wealth

- How his drive to become a millionaire started from school

- How he started his rent to rent business & why it shut down

- How he and his friends bought 30+ properties

- The London Property market being broken

- Why Landlords aren't the villains

- The power of leverage to build wealth

- Why buy to let isn't a great property strategy for Gen-Z and Millennials 

- Why you shouldn't sacrifice your youth for a small profit

- A good property strategy for Gen-Z and Millennials and much more!


Connect with TJ on Instagram - https://www.instagram.com/tjalife


Follow me on: 


Check out: https://www.youtube.com/savvywallet for the video version


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TIMESTAMPS

00:00 - Preview

01:19 - Intro

01:54 - Meet Property Investor, Property & Finance Coach Tj Atkinson

04:21 - I went to 6/7 different schools…!

07:31 - Going to school in West London and leaving the UK

09:04 - Making a pact at school helped me to achieve financial success!

12:07 - My drive to become a millionaire came from…!

15:11 - Lessons learnt from my parents

21:19 - My first business was a recruitment company and this happened…!

25:34 - I got into property by accident…!

27:35 - The bank is holding £400,000 of my money!

31:08 - My biggest regret & starting my own rent to rent business…!

35:05 - This is why my rent to rent business failed..!

40:17 - How my friends and I bought 35 properties between us!

44:20 - The Buy to let property strategy isn’t for building wealth!

49:47 - Mistakes I’ve made buying property

50:56 - Wealth is created through debt

53:23 - The current property market hasn’t impacted me…!

57:31 - The London property market is broken..!

01:02:17 - A way to help first time buyers

01:04:24 - Private landlords support 50% of rental market

01:07:51 - Buy to let isn’t a good strategy for Gen Z & Millennials

01:14:47 - This is the property strategy Gen Z & Millennials should go for

01:18:08 - You’re not motivating anyone making £200 per month

01:18:59 - TJ’s upcoming book: “What the rich teach their kids about money”

01:24:19 - Final words

Learn more about your ad choices. Visit megaphone.fm/adchoices

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PODCAST UPDATE

PODCAST UPDATE

2024-05-2501:46

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EP. 125 - PROPERTY EXPERT: London Property Market is Broken! First-Time Buyers Can’t Buy Property Unless..! ft. TJ Atkinson

EP. 125 - PROPERTY EXPERT: London Property Market is Broken! First-Time Buyers Can’t Buy Property Unless..! ft. TJ Atkinson

Savvy Wallet