Sarah Blaney interviews Nick Claydon about the many challenges faced when a project nears completion, including the importance of marketing and building relationships with local businesses, as well as the frustrations of dealing with utilities and infrastructure. KEY TAKEAWAYS Start early and be proactive in dealing with utilities and infrastructure when launching a project. There’s huge value in networking and being part of a community of like-minded individuals in the property industry. There’s a great need to retain control and stay involved in important aspects of the project, rather than outsourcing everything to others. There are benefits to be found in marketing and collaboration with local businesses to enhance the guest experience and attract customers. BEST MOMENTS "Anything relating to public sector interaction is a challenge, I think. And you have to build in extra time, and a lot of extra time, I think, to deal with that." "So yeah, it's all good fun doing that. I like that angle, that part of it” "When you're doing a big project like a hotel or like a co-working space, where you know you have a wide audience at the end who can use your service, the other thing that it's not a challenge, it's just part of the process is…" "When you're working on a big project which does need these infrastructures put in, it's something that, whilst you can say, oh, I've allowed eight months for this, it's one of those things where it can astound you how long it can take." VALUABLE RESOURCES This Property Life - https://podcasts.apple.com/gb/podcast/this-property-life-podcast/id1540075591 Property Wealth System YouTube - https://www.youtube.com/c/PropertyWealthSystem ABOUT THE SHOW This Property Life is hosted by the team at Property Wealth System. We are a collective of experienced active investors passionate about all things property. Caroline Claydon Caroline Claydon has over 22 years experience in investing in property but it’s only the last 12 years she’s operated as a professional investor. Her and her husband have built their portfolio throughout the UK covering strategies from buy to let’s, social housing, HMOs, developments and more recently a hotel. She has travelled the world training people for the last 10 years on how to invest, scale and accelerate their UK property businesses regardless of where they are based. Caroline loves helping people reach their full potential by changing their mindsets to money, debt, property and investing. James D’Souza started investing in property from a young age and now owns a significant portfolio of buy-to-let properties, professional HMO’s and commercial developments. Whilst actively growing his own property business, James helps countless other people start and scale their own property journey. CONTACT METHOD You can join Caroline and James along with a whole host of other like-minded investors in the Property Wealth System Facebook Community: https://www.facebook.com/groups/propertywealthcommunity Caroline Email: [email protected] Caroline Linkedin: https://www.linkedin.com/in/caroline-claydon-property/ James Email: [email protected] James Linkedin: https://www.linkedin.com/in/james-d-souza-552342104/ Hosted on Acast. See acast.com/privacy for more information.

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