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In our first of Novembers interviews we caught up Carla Frampton a property investor from Nottingham and here is what she had to say:

Can you tell us about yourself and how you got into your current role and what you like about your job?

My husband and I started in property in 2015 after spending 13 months in a touring caravan saving for our first house. We could only afford something that needed work so when we sold it 18 months later we made enough money to start the business in buy to let's. 
 
What is that your company currently does and what sets them apart from their competitors?
After investing in our property education we started buying buy to let's and decided that there was a gap in the market for pet friendly rental homes, which sets us apart from competitors.
Coming from a a veterinary background I was happy with our business plan and soon had a massive waiting list of potential tenants!

How has Covid-19 affected the company?

Covid hasn't really affected us and luckily our tenants have also been able to keep up with rent payments.

What would you say your local property market is like at the moment?

Although we seem to be experiencing a property boom as property prices are still rising we believe this won't be long lived and after Christmas, if not before, we may see a drop in prices.

Can anything be done to help the property sector at this moment in time?

It would be great if the hold on stamp duty applied to landlords but private landlords always seem to get left out of any benefits!

Do you think Covid-19 will have a lasting affect on the property market?

Covid may well have a lasting affect on property, especially if people who can no longer afford to pay their mortgages by losing their jobs may have to rent the demands for rental houses may well increase further.

Where do you see yourself and the company this time next year?

This time next year we hope to have double our portfolio and be able to offer more high quality homes to people with pets.

If you would like to know more about Carla and her company "The Life Of Riley Homes" you can find her on LinkedIn here.

 

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