Rent Controls Backfired — And Landlords Changed Their Strategy

Episode Overview

In this episode of The Scottish Property Podcast, Nick and Steven are joined by Dr John Boyle to discuss rent controls in Scotland, why they have backfired, and how landlords have changed their strategy in response. They also look at what this means for the wider private rental sector, tenants and property investors. In addition, the conversation touches on housing supply, build-to-rent, student accommodation and whether current policy is helping or making the rental market more difficult.

The conversation also touches on housing supply, build-to-rent, student accommodation and whether current policy is helping or making the rental market more difficult. As a result, this episode gives a practical look at how rent controls in Scotland, wider regulation and market conditions can shape long-term property investment strategy.

Overall, this episode gives a practical look at how rent controls in Scotland, wider regulation and market conditions can shape long-term property investment strategy.

Episode Highlights

  • What Scotland’s housing emergency actually means, and why homelessness and temporary accommodation are increasing
  • Why housing costs of around 25%–30% of gross income are generally considered affordable
  • How annual housebuilding has fallen from around 25,000 homes before the financial crash to fewer than 20,000
  • Why Scotland’s 2026 house-price growth forecast was revised from 3.5% to around 0%
  • Why Dr John Boyle does not believe the 18-year property cycle will cause a house-price crash in 2026
  • How Aberdeen’s property market changed so dramatically, and why transactions are now beginning to recover
  • Why landlord registration figures may not give a reliable picture of landlords leaving the sector
  • How rent controls encouraged landlords to raise rents to market value between tenancies
  • Why the 8% Additional Dwelling Supplement affects new landlords while producing record tax revenue
  • Why rent controls caused institutional build-to-rent investment in Scotland to stall
  • How student accommodation and co-living could provide alternative housing options

Episode Timestamps

  • 00:00 – Meet Dr. John Boyle
  • 01:08 – Scotland’s housing emergency explained
  • 04:04 – Why Scotland is not building enough homes
  • 07:08 – The rising cost of social housing
  • 10:55 – Scotland’s property-market outlook
  • 14:32 – Will the 18-year property cycle cause a crash?
  • 18:25 – What could trigger the next property crash?
  • 21:39 – What happened to Aberdeen’s property market?
  • 25:31 – Finding growth areas and interpreting property data
  • 30:28 – Are landlords really leaving Scotland?
  • 35:23 – How the 8% ADS is affecting investors
  • 37:47 – Why rent controls caused rents to rise
  • 40:11 – The future of rent-control zones
  • 44:57 – Build-to-rent and institutional investment
  • 53:03 – Why build-to-rent schemes are struggling
  • 56:47 – Is Glasgow building too much student accommodation?
  • 59:49 – Could co-living help address the housing shortage?
  • 01:00:52 – Where to connect with Dr. John

Useful Links

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Do you think Scotland is heading for a property crash, or will the housing shortage keep prices resilient? Let us know in the comments below

Bridging, BRR and Property Sourcers — Your Questions Answered

Episode Overview

What would Nick and Steven do with £40,000 to invest—and would they choose a vanilla buy-to-let over stocks and shares?

In this listener Q&A episode, Nick reveals that he currently owns 12 buy-to-lets and is still aiming for a portfolio of 20 producing around £5,000 in net monthly cash flow. Steven explains why he focuses less on the number of properties he owns and more on cash flow, loan-to-value and paying down debt.

They also discuss first-time buyer advantages, what makes a BRR deal stack up, how bridging finance works, whether 5.7% is a reasonable refinancing rate, and how to find trustworthy property sourcers.

Episode Highlights

  • Nick’s goal of owning 20 buy-to-lets producing approximately £5,000 in net monthly cash flow
  • Why Steven focuses on cash flow, loan-to-value and debt reduction instead of property numbers
  • Houses versus flats—and why tenant turnover, factor fees and capital growth matter
  • What Nick and Steven would do with £40,000 to begin building a property portfolio
  • How first-time buyers can use low deposits, house hacking and live-in flips to their advantage
  • Their five and ten-year plans for acquiring properties and reducing portfolio debt
  • The discounts, added value and refurbishment costs needed to make a BRR deal work
  • How bridging finance works, including arrangement fees, monthly interest and exit costs
  • How to check a property sourcer’s track record, compliance and investment figures
  • Why tenanted properties require due diligence on both the building and the tenant

Episode Timestamps

  • 00:00 – Nick and Steven answer listeners’ questions
  • 01:15 – Portfolio targets and monthly cash-flow goals
  • 04:03 – Houses versus flats
  • 06:12 – BRR versus buying quality property
  • 08:21 – Loan-to-value and paying down portfolio debt
  • 10:52 – Prime Property Auctions
  • 13:09 – Buy-to-let versus stocks and shares
  • 20:49 – What would they do with £40,000?
  • 23:03 – The advantages of being a first-time buyer
  • 25:56 – Nick and Steven’s property-buying criteria
  • 30:23 – Their five and ten-year property plans
  • 36:18 – How to borrow, buy and recover your investment
  • 38:32 – How bridging finance works
  • 42:47 – Is 5.7% a reasonable refinancing rate?
  • 46:10 – Kitchen versus bathroom refurbishment
  • 49:56 – How to find a trustworthy property sourcer
  • 55:28 – Nick and Steven’s perfect day

Useful Links

Join our monthly property networking events across Scotland and connect with investors, landlords and industry experts. View Upcoming Events

Know someone selling a property? You could earn £1,500 by introducing them to Prime Property Auctions. Visit Prime Property Auctions

Listen to more episodes of The Scottish Property Podcast and explore conversations with investors, landlords and industry experts across Scotland. Browse Episodes

If you had £100,000 to invest, would you choose buy-to-let or stocks and shares? Let us know in the comments

Diagnosed With Cancer at 27 — Then Property Changed Her Life

Episode Overview

In this episode of The Scottish Property Podcast, Nick and Steven are joined by Ally Wilkes to discuss property refurbishment in Scotland, BRR deals, project management and how property changed the direction of her life.

After being diagnosed with a rare form of cancer at 27, Ally began to rethink time, security and the future she wanted to build. She went on to complete a flip that made just under £30,000, used the BRR strategy to build her own portfolio and eventually left the NHS to run ACG Property, managing renovation projects for investors.

Episode Highlights

  • How a cancer diagnosis at 27 changed Ally’s outlook on work, security and life
  • The numbers behind her first flip: bought for £81,000, spent around £17,000 and sold for £135,750
  • How that first project produced a profit of just under £30,000
  • Her first BRR: bought for £66,000, refurbished for around £30,000 and revalued at £130,000
  • What happened when her first buy-to-let tenant trashed the property after only eight weeks
  • Leaving the NHS and adjusting to the lack of routine that comes with self-employment
  • Why Ally charges 15% of the refurbishment cost for project management
  • Why Ally budgets roughly £15,000–£20,000 for a good two-bedroom refurbishment with kitchen and bathroom upgrades, excluding electrics, windows and boiler or heating work
  • The hidden problems investors cannot always spot before work begins, including thermal bridging
  • Why Ally prioritises good-quality assets instead of growing a portfolio for appearances

Episode Timestamps

  • 00:00 – Meet Ally Wilkes
  • 01:47 – Wanting to work in property from a young age
  • 06:38 – The cancer diagnosis that changed everything
  • 15:37 – Why property became Ally’s next chapter
  • 18:27 – The numbers behind her first flip
  • 21:49 – Moving from flipping to BRR and buy-to-let
  • 22:16 – A £66,000 purchase revalued at £130,000
  • 22:53 – The nightmare first tenant
  • 27:23 – Leaving the NHS for property full-time
  • 33:26 – How networking brought Ally her first clients
  • 35:42 – Building a personal brand by being authentic
  • 38:19 – Why investors use a project manager
  • 39:27 – Project-management fees and realistic budgets
  • 43:17 – What a two-bedroom refurbishment costs today
  • 45:09 – Thermal bridging and other hidden problems
  • 48:12 – Kitchens, bathrooms and timeless design
  • 51:53 – Managing a refurbishment for a remote investor
  • 53:23 – Ally’s plans for ACG Property and her portfolio
  • 55:29 – Where to connect with Ally

Useful Links

Join our monthly property networking events across Scotland and connect with investors, landlords and industry experts. View Upcoming Events

Know someone selling a property? You could earn £1,500 by introducing them to Prime Property Auctions. Visit Prime Property Auctions

Listen to more episodes of The Scottish Property Podcast and explore conversations with investors, landlords and industry experts across Scotland. Browse Episodes

Would you leave a secure career to pursue property full-time? Let us know in the comments


How an Architect Spots Hidden Value in Property Deals

Episode Overview

Most investors look at a floor plan and see a two-bed. Ross McIlvean looks at the same layout and sees hidden value in property deals that others might miss.

In this episode of The Scottish Property Podcast, Nick and Steven are joined by Ross McIlvean of LTJ Architecture to discuss how architecture, planning knowledge and practical design can help investors unlock value. Ross shares his route into property, his first flip, building a portfolio in Dunfermline, solving an illegal attic conversion and using layout changes to turn two-bed properties into three-beds.

Episode Timestamps

  • 00:00 Intro: Ross McIlvean joins the podcast
  • 00:34 Ross’s background and route into architecture
  • 01:22 Why buildings and local architecture matter
  • 04:35 Architecture that adds commercial value
  • 05:11 Ross’s first step into property investing
  • 06:17 Property education and learning the basics
  • 07:49 Ross’s first flip in Cowdenbeath
  • 10:26 Why flipping is harder in today’s market
  • 11:45 Using architecture to unlock hidden value
  • 13:13 Pricing refurbs and understanding project costs
  • 17:48 How architects price their work
  • 19:57 Building a portfolio after the first flip
  • 21:12 Turning two-bed properties into three-beds
  • 23:52 Removing chimneys and changing layouts
  • 26:34 Minimum bedroom sizes and practical layouts
  • 28:51 Solving an unofficial attic conversion problem
  • 31:13 Undoing bad work to make a property compliant
  • 33:44 Rental growth in Dunfermline
  • 35:39 Ross’s static caravan investment
  • 38:37 Moving from employment to self-employment
  • 42:13 Working with Jay Alexander and the Flour Mill project
  • 45:36 Starting LTJ Architecture during Covid
  • 48:34 Planning delays and the council process
  • 49:50 Planning permission vs building warrant
  • 52:01 Retrospective building warrants and why they’re risky
  • 54:21 Building control inspections and completion certificates
  • 55:12 Ross’s role through the design and approval process
  • 56:20 AI, architecture and design visuals
  • 59:57 What’s next for Ross and his portfolio
  • 1:04:56 How to connect with Ross
  • 1:05:47 Final thoughts

Useful Links

Join our monthly property networking events across Scotland and connect with investors, landlords and industry experts. View Upcoming Events

Know someone selling a property? You could earn £1,500 by introducing them to Prime Property Auctions. Visit Prime Property Auctions

Listen to more episodes of The Scottish Property Podcast and explore conversations with investors, landlords and industry experts across Scotland. Browse Episodes

Would you buy everything in one street like Ross? Drop it in the comments

The Property Accountant With 54 Buy-to-Lets

Episode Overview

He’s your accountant by day and a 54-unit landlord by night. And he charges less than you’d spend on a Friday night out. 🏠

In this episode of the Scottish Property Podcast, Nick and Steven sit down with Matt Herbert — qualified property accountant and 54-unit investor across Aberdeen and Edinburgh. Matt covers everything from his dad being made redundant and discovering property by accident, to doing refurbs after work in his finance job, building a 54-unit portfolio, and why he’d rather help investors structure their businesses properly than charge a fortune for it.

If you’ve ever wondered what a property accountant actually does for your portfolio — this is the episode to watch.

Episode Timestamps

  • 00:00 – Welcome to Matt Herbert — accountant and 54-unit investor
  • 00:14 – Qualified property accountant at the Glasgow networking events
  • 00:28 – 54-unit buy to let portfolio across Aberdeen and Edinburgh
  • 00:52 – Why Aberdeen is controversial — and Matt’s take on it
  • 01:30 – Growing up: dad moved from Wales to Aberdeen for oil and gas
  • 02:06 – Dad made redundant and retrained as a teacher — the lesson it taught Matt
  • 05:54 – Dad’s first property: rented to his girlfriend
  • 06:54 – Oil and gas crash 2015 — everyone made redundant
  • 10:40 – First investment property — and the finance stories
  • 12:41 – The First Home Fund: government equity stake explained
  • 14:03 – Planning to buy a bigger home — and how it changed
  • 15:30 – First refurb: doing it himself after work in Edinburgh
  • 16:59 – What clients actually want: financial freedom and passive income
  • 21:45 – Ex-council and social housing stock — what to know
  • 24:27 – Aberdeen market deep dive — buying flats under £40k
  • 24:43 – Partnering with Aiden — sourcing and project management
  • 26:39 – Finding deals at offers over £45k and getting them down
  • 27:57 – Target ROI: 20–25% on all capital invested
  • 28:42 – Aberdeen pitfalls: what to watch out for
  • 28:52 – Structural issues in Aberdeen stock — the same problems everywhere
  • 37:43 – The condemned street nobody saw coming
  • 40:34 – Porous concrete explained — and why it’s a serious problem
  • 42:38 – Net cash flow reality: why Aberdeen yields aren’t always what they seem
  • 48:41 – Edinburgh: inflated rents and the Alex Walker connection
  • 55:33 – Shareholder structure: getting the limited company right from day one
  • 57:40 – Year end tax planning: what to do when the bill hits £50k
  • 1:00:15 – Mortgage strategy: 75% LTV, five-year fixes
  • 1:00:33 – Set and forget — why Matt loves boring, stable assets

Useful Links

Join our monthly property networking events across Scotland and connect with investors, landlords and industry experts. View Upcoming Events

Know someone selling a property? You could earn £1,500 by introducing them to Prime Property Auctions. Visit Prime Property Auctions

Listen to more episodes of The Scottish Property Podcast and explore conversations with investors, landlords and industry experts across Scotland. Browse Episodes

Would you do your own refurb to save money? Drop it in the comments


From Managing 70 Short Term Lets to Building a New Boutique Hotel Brand

Episode Overview

He built a short term let business to 70 units and 20 staff — then walked away at 29 to start from scratch. The very next day he went to view a hotel.

In this episode of the Scottish Property Podcast, Nick and Steven sit down with Laurence Malyon — founder of Moment aparthotel brand — for one of the most wide-ranging conversations they’ve had on the show. Laurence covers everything from running concerts for the neighbours at age 5 and rebranding his family’s fire suppression business at 15, to building Donnini Apartments with his uni flatmate Jake, exiting after seven years, and launching a hospitality brand that just did a £2.325 million deal on Edinburgh’s George IV Bridge.

This one is packed with lessons on business partnerships, aparthotel strategy, STL licensing, commercial funding, and why Glasgow and Edinburgh are completely different beasts.

Episode Timestamps

  • 00:00 – Welcome back to Laurence & what he’s been building since
  • 01:08 – Exiting Donnini & launching Moment hotel brand the very next day
  • 01:58 – Growing up in a rundown farmhouse near Beattock
  • 02:59 – The family fire suppression business
  • 03:36 – Rebranding the family business at 15
  • 05:15 – Why London and Dubai are the real competition
  • 07:41 – Running concerts for the neighbours at age 5
  • 09:01 – Selling fruit and veg to teachers for profit
  • 10:39 – First flip at uni with Jake
  • 13:47 – Discovering Airbnb as it was becoming a thing
  • 14:10 – Touchstone / Progressive property training
  • 16:59 – The rent to rent model that started it all
  • 17:26 – STL legislation: why serviced accommodation is so much harder now
  • 19:40 – Planning consent: licences, planning, or both
  • 28:45 – The plan to go beyond Edinburgh and Glasgow
  • 33:25 – Becky, the business conversation that changed everything
  • 34:22 – The Moment trademark — what it means and why he owns it
  • 35:00 – 12 George IV Bridge Edinburgh — the flagship deal
  • 38:07 – £2.325 million on practical completion
  • 39:39 – RBS as main lender — the journey to get there
  • 40:22 – Oak North bank and how they got funding over the line
  • 47:28 – First hire CJ — building the team
  • 50:00 – Remote team in the Philippines
  • 52:41 – 18% management fee — how it’s structured
  • 59:01 – Sonder went bust: lessons from the big operators
  • 1:01:18 – Stay Cool: what the brand offers and why it’s different
  • 1:03:40 – Expansion plans: Lisbon, Paris and beyond

Useful Links

Join our monthly property networking events across Scotland and connect with investors, landlords and industry experts. View Upcoming Events

Know someone selling a property? You could earn £1,500 by introducing them to Prime Property Auctions. Visit Prime Property Auctions

Listen to more episodes of The Scottish Property Podcast and explore conversations with investors, landlords and industry experts across Scotland. Browse Episodes

Would you have walked away from 70 units to start again? Drop it in the comments


Pension Funds Are Buying Rental Homes — So Is Buy-to-Let Really Dead?

Episode Overview

Pension funds are quietly buying up rental homes across Scotland. If buy-to-let was dying, nobody told them.

Nick and Steven are back with the June market update — running on two hours sleep after Scotland vs Brazil — covering the Prime Minister change, house prices, the rental market, the LHA rate freeze that’s about to hit 45,000 households, and a £10.8 million build to rent deal in Edinburgh backed by your pension fund. Yes, yours.

Episode Timestamps

  • 00:00 – Intro: Scotland vs Brazil, two hours sleep, six episodes to record
  • 01:25 – What’s coming up: PM change, house prices, rents, LHA & build to rent
  • 01:50 – House prices & rental market overview
  • 01:58 – Local housing allowance — why it matters to landlords
  • 02:36 – Build to rent & pension funds flooding into Scottish property
  • 03:27 – Keir Starmer resigns — what happened
  • 04:18 – Andy Burnham likely next PM — and his history with rent freezes
  • 04:28 – Rent controls in England: why Scotland is one step ahead
  • 05:21 – Capital gains tax: what a new Labour leader could mean for landlords
  • 14:20 – Fred Harrison’s 18-year cycle — five months left for the 2026 crash prediction
  • 15:36 – SpaceX IPO: Elon Musk becomes a trillionaire
  • 20:01 – First Home Fund launched this week — will it empty in days again?
  • 21:56 – Land Registry data: Scotland up 2.2%
  • 23:57 – Bitcoin at $59k — down 50% from its peak
  • 31:15 – LHA rate freeze: 87 of 90 regions can’t cover the bottom 30% of rents
  • 34:30 – Scotland’s discretionary housing payment — sticking plaster or real solution?
  • 35:52 – 45,000 households and 31,000 children affected
  • 35:57 – Scotland puts in £8.7m in support
  • 36:43 – Avant Homes sells 41 Edinburgh homes to Thriving Investments for £10.8m
  • 37:52 – £263k per home — and who’s actually funding it
  • 38:19 – Is mid-market rent exempt from rent controls? The question nobody can answer

Useful Links

Join our monthly property networking events across Scotland and connect with investors, landlords and industry experts. View Upcoming Events

Know someone selling a property? You could earn £1,500 by introducing them to Prime Property Auctions. Visit Prime Property Auctions

Listen to more episodes of The Scottish Property Podcast and explore conversations with investors, landlords and industry experts across Scotland. Browse Episodes

Do you think Andy Burnham will target landlords? Drop it in the comments


800 Units Under Management | The Steelworker’s Scaling Strategy

Episode Overview

He had $300 to his name, sleeping on a mate’s floor in Perth, Australia. Then a stranger in an empty pub changed everything — and 23 years later he owns 46 properties and manages 800 more. 🏠

In this episode of the Scottish Property Podcast, Nick and Steven sit down with David Lamb — founder of Orange Sales and Lettings in the North East of England. David’s journey takes in steelworks apprenticeships, delivering tea bags with a wicker basket, a commercial conversion that doubled in cost during Covid, backpacking through Southeast Asia on passive income, and a chance meeting with a stranger in a pub that got him his first offshore job.

This one’s got everything — the crashes, the lessons, the laughs, and a masterclass on building a letting agency from zero to nearly 1,000 properties under management.

Episode Timestamps

  • 00:00 – Welcome & David’s story in numbers
  • 01:01 – Growing up in Billingham, Teesside
  • 01:36 – Private school, kicked out, and finding his feet
  • 03:01 – Walking out on his business teacher after 6 weeks
  • 04:19 – Delivering tea bags door to door with a wicker basket
  • 07:17 – First flip: bought for £52k, made £26k, slept on the floor
  • 10:13 – The 2008 crash — and two new builds he’d just completed on
  • 11:39 – Why new builds off plan was his biggest property mistake
  • 15:03 – Zero knowledge of leverage — the lightbulb moment
  • 16:46 – 46 personal properties: the buy to let foundation
  • 17:05 – Converting 17 offices into 11 apartments
  • 22:44 – Made redundant from the steelworks
  • 23:30 – Backpacking Australia & Southeast Asia
  • 23:51 – $300 left, Perth, and an empty pub
  • 24:29 – The stranger who bought him a pint and changed his life
  • 25:21 – Email Paul Gordon — one message, one offshore career
  • 29:53 – Earning offshore and feeling passive income for the first time
  • 32:33 – Rich Dad Poor Dad, all the books, and going property shopping
  • 34:58 – The 17-office business centre: bought for £450k
  • 35:24 – Covid hits — £450k becomes £750k
  • 37:10 – Starting Orange from a portacabin on site
  • 47:04 – First hire Charlotte — and building the team
  • 49:37 – First agency acquisition
  • 51:01 – Asset purchases vs share purchases explained
  • 51:48 – How David structures every agency deal
  • 51:54 – The deal that’ll take Orange over 1,000 properties
  • 53:22 – Why relationships are the real currency in business
  • 54:09 – David’s sole role at Orange now: buying agencies
  • 1:00:15 – Business rates, national insurance & the real costs of running a team
  • 1:00:25 – AI in property management — what David is integrating right now
  • 1:03:44 – Why AI will never replace emotions in property
  • 1:05:44 – The bank conversion: planning, apartments & serviced accommodation
  • 1:07:07 – Wrap up & Marbella plans

Useful Links

Join our monthly property networking events across Scotland and connect with investors, landlords and industry experts. View Upcoming Events

Know someone selling a property? You could earn £1,500 by introducing them to Prime Property Auctions. Visit Prime Property Auctions

Listen to more episodes of The Scottish Property Podcast and explore conversations with investors, landlords and industry experts across Scotland. Browse Episodes

Would you have sent that email to Paul Gordon? Drop it in the comments


The Hidden Stress of Scaling a Property Portfolio

Episode Overview

A complicated miscarriage. A goodbye in a hospital room. Two years of everything going wrong. Then they bought their first property — Claire eight months pregnant, the world in lockdown. 🏠

In this episode of the Scottish Property Podcast, Nick and Steven sit down with Claire and Dan MacDonald of Cladan Property — a husband and wife team who started investing in 2020 with no strategy and a sold car, and have quietly built a portfolio of 24 properties in five years.

This one isn’t about overnight success. It’s about a slow, steady, intentional approach — two young kids, a teaching job, a brand new mortgage advisory business, and a portfolio that’s just gone through its biggest and most challenging growth phase yet.

Episode Timestamps

  • 00:00 – Welcome to Claire and Dan
  • 02:02 – Growing up in the Highlands & how they met
  • 06:39 – The honeymoon that sparked the business idea
  • 07:54 – One-day property events & the financial advisor who said don’t bother
  • 14:05 – Claire’s teaching career & the stress behind it
  • 17:59 – The difficult years: loss of Dan’s mum
  • 24:26 – The complicated miscarriage & why it changed everything
  • 00:20 – Claire starts investing eight months pregnant in lockdown
  • 19:06 – First deal: analysis paralysis & what pushed them through
  • 19:14 – Analysis paralysis & the first purchase
  • 21:23 – Releasing equity to fund deals three and four
  • 22:07 – Selling the car to fund the second property
  • 32:13 – Working with Jillian and Darren Green — mindset & clarity
  • 33:36 – The vision: cash flow number, lifestyle goals & what they’re building toward
  • 34:36 – Dan’s civil engineering background & the move into property
  • 39:11 – The pivot to short-term lets & the Highland cottage
  • 41:04 – The cottage flat STL in Cardonald
  • 41:14 – 8 months to get the STL licence — what they learned
  • 43:26 – Winter cash flow struggles & the unpredictability of STL
  • 43:40 – The Joseph Todd liquidation post & what it meant for the market
  • 49:25 – Speaking at the April networking event — how it led to two portfolio deals
  • 49:31 – Direct to vendor: the portfolio acquisitions that changed everything
  • 53:31 – Tenanted portfolio — when the cracks started appearing
  • 55:59 – Butting heads as a couple & how they’re working through it
  • 1:00:56 – Dan’s mortgage advisory business & where to find them

Useful Links

Join our monthly property networking events across Scotland and connect with investors, landlords and industry experts. View Upcoming Events

Know someone selling a property? You could earn £1,500 by introducing them to Prime Property Auctions. Visit Prime Property Auctions

Listen to more episodes of The Scottish Property Podcast and explore conversations with investors, landlords and industry experts across Scotland. Browse Episodes

Are you investing as a couple? Drop your experience in the comments

The Homeless Landlord With 12 Properties. Isaac Cross tells all.

Episode Overview

He owns 12 properties. He lives in his mate’s spare room. And he accidentally bought a Chinese restaurant from an airport while flying back from Japan.

In this episode of the Scottish Property Podcast, Nick and Steven sit down with Isaac Cross — a former offshore worker and CERN technician who saved £140k, came off the Scottish Property Podcast course in January, and went all in on property faster than almost anyone they’ve had on the show.

This one is raw, honest, and genuinely funny. Isaac doesn’t just talk about the wins. He talks about the bridging nightmare on five properties at once, the deals he overpaid for, the sourcing fees that didn’t add up, the solicitor with 98 problems to solve — and what he’d do differently if he were starting again.

Episode Timestamps

  • 00:00 – Welcome to Isaac Cross & the 52 properties in 52 weeks goal
  • 02:04 – Growing up between Aberdeen and Lanarkshire with a single mum
  • 04:35 – ADHD diagnosis as a kid — and how it shapes the way Isaac works
  • 05:21 – Wanting to go offshore like his dad
  • 06:28 – Electrical apprenticeship & how he was the only one who applied
  • 10:55 – Life offshore: earning £90k in his early 20s
  • 16:20 – Moving to Switzerland for the CERN job
  • 16:29 – The best job title, the most boring job
  • 18:59 – First property: Holytown two-bed at 20
  • 21:14 – Bad mortgage advice, blowing the profit, starting over
  • 26:16 – The power of a good power team
  • 33:24 – The Dennistoun flat — bought at home report in peak Covid
  • 35:04 – Social media, personal brand & why Isaac went all in on content
  • 36:38 – The January networking event that flipped the switch
  • 44:04 – First deal in Aberdeen on a plane to Australia
  • 52:07 – Five properties on one bridge — and 98 problems to solve
  • 1:00:19 – The Chinese restaurant accident
  • 1:02:53 – Bidding at auction from Heathrow flying back from Japan
  • 1:06:45 – The community hub plan for the Carluke commercial unit
  • 1:11:55 – First private investor on board & what comes next

Useful Links

Join our monthly property networking events across Scotland and connect with investors, landlords and industry experts. View Upcoming Events

Know someone selling a property? You could earn £1,500 by introducing them to Prime Property Auctions. Visit Prime Property Auctions

Listen to more episodes of The Scottish Property Podcast and explore conversations with investors, landlords and industry experts across Scotland. Browse Episodes

Would you have bought the Chinese restaurant? Drop it in the comments