Yolanda Morari: From Zero to Property Hero with Social Housing & Rent-to-Rent ๐
Description
๐ด ๐๐จ๐ข๐ง ๐๐ฌ ๐๐ข๐ฏ๐ https://selfunemployed.co.uk/
๐ ๐๐๐๐ซ๐ง ๐ญ๐จ ๐ข๐ง๐ฏ๐๐ฌ๐ญ ๐ข๐ง ๐ฉ๐ซ๐จ๐ฉ๐๐ซ๐ญ๐ฒ: https://www.samuelleeds.com/ref/319/
Follow Yolandaโs journey on Instagram: @YolandaMorari ๐ฑโจ
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๐๏ธ Welcome to another empowering episode of the Self Unemployed Podcast, hosted by Colin Munro, where we explore the path to financial freedom ๐ธ and escaping the 9-to-5 grind
๐. In this episode, ๐ก, weโre joined by Yolanda Morari, a trailblazing entrepreneur and the first female guest on the podcast! ๐ Yolanda has carved a niche in social housing, specializing in emergency accommodation ๐ , and shares her inspiring journey from knowing nothing about property to becoming a commercial supplier for local councils ๐.
From Romania to Italy, to the UK ๐, Yolandaโs global perspective and relentless drive have led her to master rent-to-rent strategies ๐ and build a portfolio of 12 properties, including one she owns outright
๐๏ธ. Get ready for an eye-opening discussion on social housing, creative property strategies, and the mindset needed to achieve financial independence! ๐
๐ Summary
Yolanda Morari shares her remarkable story of transitioning from a traditional mindset of avoiding debt ๐ซ๐ณ to leveraging rent-to-rent and emergency accommodation strategies to build a thriving property business. Starting with no property knowledge,
Yolanda discovered Samuel Leedsโ ยฃ1 crash course ๐ท, which opened her eyes to the power of property investment. She now controls 12 properties, including 9 for local authorities and 3 for serviced accommodation, generating consistent cash flow
๐ต. Yolanda specializes in emergency accommodation, a niche within social housing ๐ , where councils pay nightly rates to house vulnerable families. She explains the challenges of low Local Housing Allowance (LHA) rates ๐, bureaucratic delays, and the inefficiencies in the UKโs housing system, which often leave families in temporary accommodation for years.
Her journey began with a Help to Buy scheme property purchase in 2017 ๐, which she later refinanced to enter the buy-to-let market, capitalizing on a ยฃ42,000 gain due to a market dip ๐. The conversation dives into the complexities of social housing, the importance of building relationships with councils ๐ค, and why emergency accommodation is a quicker entry point into the sector. Yolanda also shares her vision to create a blueprint to help landlords become commercial suppliers, addressing the UKโs housing crisis by connecting councils with willing property owners ๐๏ธ๐.
๐ง Main Takeaways
- โ Rent-to-Rent as a Starting Point: Low capital? Start with rent-to-rent to control properties and generate cash flow without owning ๐ก๐.
- โ Emergency Accommodation Opportunity: Councils pay nightly rates for short-term housing, offering a lucrative entry into social housing ๐ต๐๏ธ.
- โ Good Debt Fuels Wealth: Leverage mortgages to build assets, as Yolanda learned through Samuel Leedsโ Academy ๐๐ก.
- โ Relationships are Key: Networking with councils and academy members opened doors to becoming a commercial supplier ๐ค๐.
- โ System Inefficiencies Hurt: Low LHA rates and bureaucracy keep families in costly emergency housing for years, highlighting the need for reform ๐๏ธโ ๏ธ.
- โ Avoid Government Schemes: Help to Buy and shared ownership often benefit developers, not buyers, though Yolanda turned a profit ๐๐ .
- โ Mindset Shift: Moving from a debt-averse Romanian upbringing to embracing strategic debt was pivotal for Yolandaโs success ๐ง ๐ช.
- โ Blueprint for Change: Yolandaโs upcoming guide aims to empower landlords to become commercial suppliers, easing the housing crisis ๐๐.
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๐ฌ Key Quotes
- ๐ฃ๏ธ โSocial housing is a broad termโฆ emergency accommodation is the quickest way to get into it.โ โ Yolanda Morari
- ๐ฃ๏ธ โI had no knowledge about property before Samuel Leedsโ Academyโฆ itโs the most tangible asset anyone can have.โ โ Yolanda Morari
- ๐ฃ๏ธ โCouncils are paying nightly rates for emergency housing, but LHA rates havenโt caught up with the market.โ โ Yolanda Morari
- ๐ฃ๏ธ โI thought debt was bad, but leveraging good debt changed everything.โ โ Yolanda Morari
- ๐ฃ๏ธ โItโs a messโฆ thereโs huge demand for housing, landlords want to help, but bureaucracy stops them.โ โ Colin Munro
- ๐ฃ๏ธ โI want to create a blueprint to show landlords how to become commercial suppliers.โ โ Yolanda Morari
- ๐ฃ๏ธ โThe government gets screwed over by these schemes, and that means the taxpayer does too.โ โ Colin Munro
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#SelfUnemployedPodcast #FinancialFreedom #SocialHousing #PropertyInvestment #RentToRent #Entrepreneurship #EmergencyAccommodation #SamuelLeeds #WealthBuilding #PassiveIncome #BusinessMindset #UKHousingCrisis #GoodDebt #BreakTheSystem #RealEstate