What happens when property stops being an investment and becomes a trap? #179

Bricked It: It's All About Balance Chapter Four #184

Send us Fan Mail [https://www.buzzsprout.com/1375666/fan_mail/new] Why a balanced financial life — liquidity, tax, priorities, legacy and your relationship with debt — beats chasing any single asset, and the Freedom Triangle that taught me money was only ever one third of the picture. Too much of anything is dangerous — diet, exercise, even water. Investing is no different. This chapter is about balance, and why it's the foundation of freedom rather than the enemy of it. I break down what a genuinely balanced financial life looks like. Liquidity first: cash is queen, and three to six months of accessible savings is what lets you handle life's surprises without panic-selling. Tax efficiency next — using your ISA allowances, getting advice on whether to hold property personally or through a company. I'm candid here about being on benefits not so long ago, and why I'm now happy to pay tax. Then the part that changed me most: the Freedom Triangle — money, time and place. I'd always believed money alone bought freedom. A week on my partner Paul's boat, sailing from Ibiza to Cartagena with no phone signal, taught me otherwise. It was the first time I'd slept properly in months. It made me ask the question I want you to ask too: are your investments working for you, or are you working for them? What's your real hourly rate — and would the numbers still stack if you costed your time honestly? I finish with legacy and your relationship with debt, including the years I spent shuffling £32,000 of credit card debt between 0% offers, and the mental space that clearing it finally gave me. In this episode: * Balanced liquidity: why cash is queen and how much you should keep accessible * Tax planning, ISAs, and personal vs. company ownership — plus my own benefits story * The Freedom Triangle: money, time and place, and the sailing trip that reset me * Are your investments working for you? Calculating your true hourly rate * Legacy and inheritance (a question I'll answer in Chapter 7), and knowing your honest tolerance for debt A note on the voice: what you're hearing is an AI-generated version of my voice reading my own words. It's me — just not in the room. I'd rather be upfront about that than pretend otherwise. Every word, every lesson, and every mistake is mine. What does balance look like for you? Tell me on Substack at nicolebremner.substack.com, where paid subscribers get early access, extended commentary, and the chance to ask me anything. Subscribe wherever you listen so Chapter 5 lands automatically. Next week: Chapter 5 — The Real Deal. Support the show [https://www.buymeacoffee.com/NicoleBremner] Disclaimer: The views and opinions expressed in this podcast belong solely to the host and guest speakers. The view and opinions of the guest speakers do not represent that of the host. Always do your own research.

Bricked It: Forewarned Is Forearmed Chapter Three #183

Send us Fan Mail [https://www.buzzsprout.com/1375666/fan_mail/new] The five risks every property investor needs to see coming — from chasing shiny pennies and dressing up bad deals to running out of contingency, getting trapped without an exit, and flying too close to the sun. If Chapter 2 was what went wrong, this chapter is how you see it coming. I open with the hardest lesson I learned: mistaking luck for skill. When I started out in Hackney, everything I touched turned to gold — and I believed that was talent. It wasn't. Hackney property prices rose 104% between 2009 and 2016, and I happened to be standing in the right place. Hindsight made that painfully clear. From there I walk through the five risks that catch almost everyone out, mapped to the SAFER system. Shiny Penny Syndrome — chasing the latest strategy whether or not it suits your life (like Maria, who wisely walked away from rent-to-rent). Being honest about a deal's real numbers instead of putting lipstick on a pig. Holding a proper contingency, because every project runs over. Staying flexible on your exit — I tell the story of a South Kensington project that fell from a £5.25m valuation to a £3.2m sale during lockdown. And resisting the urge to scale too fast and fly too close to the sun. I'm not anti-property. I'm pro-property — just no longer evangelical about it. Realistic, awake to what can go wrong, and determined to make you aware too. In this episode: * Why mistaking luck for skill is the most dangerous trap of all * Risk 1 — Strategy: Shiny Penny Syndrome and choosing what actually fits your life * Risk 2 — Appraisal: being brutally honest with your numbers (the "yellow cars" problem) * Risk 3 — Funding: always hold a 10% contingency and 3–6 months of cash * Risk 4 — Exit: planning multiple exits so a market shift can't sink you * Risk 5 — Repeat: slow and steady, and knowing when a strategy has stopped working A note on the voice: what you're hearing is an AI-generated version of my voice reading my own words. It's me — just not in the room. I'd rather be upfront about that than pretend otherwise. Every word, every lesson, and every mistake is mine. Have a risk you keep running into? Tell me on Substack at nicolebremner.substack.com, where paid subscribers get early access, extended commentary, and the chance to ask me anything. Subscribe wherever you listen so Chapter 4 lands automatically. Next week: Chapter 4 — It's All About Balance. Support the show [https://www.buymeacoffee.com/NicoleBremner] Disclaimer: The views and opinions expressed in this podcast belong solely to the host and guest speakers. The view and opinions of the guest speakers do not represent that of the host. Always do your own research.

Bricked It: The Road From Where You Are Chapter Two #182

Send us Fan Mail [https://www.buzzsprout.com/1375666/fan_mail/new] The honest other half of the story: a £120m portfolio, a partner I should never have trusted, the phone call that exposed it all — and the five mistakes that cost me everything before I built the SAFER system. This is the chapter where I tell you what actually happened. My story is a tragedy in two halves. The first — the meteoric rise — is my first book, Bricking It. By 2017 I had a share in a property portfolio of 110 properties across 10 projects, worth around £120 million. From the outside, life looked perfect: the home, the health retreats, the booked-solid speaking diary. Below the surface, my marriage was crumbling and I'd become someone I didn't recognise. Then it unravelled. I'd handed control to a business partner I trusted completely. In September 2018 a fellow investor called me about some transactions that didn't add up, and standing in my perfect kitchen I began reconciling payments that revealed a systematic, long-running fraud. What followed was years of David-and-Goliath battles — debt collectors, bailiffs turning up during the school run, and the slow, public undoing of everything I'd built. I won't pretend it was anything but a very dark place. But I'm still standing, and this chapter is me handing you the lessons so you never have to learn them the way I did. In this episode: * The two halves of my story, and why the title of my first book makes me cringe now * What £120 million really meant — and the press misquote I want to correct * Trusting the wrong partner, and the phone call that exposed a fraud * The five mistakes that cost me everything: giving up control, over-investing in one asset, mistaking luck for skill, having no systems, and failing to bring stakeholders with me * Why "being on the right side of the law" didn't protect me — and how the SAFER system was born from the wreckage A note on the voice: what you're hearing is an AI-generated version of my voice reading my own words. It's me — just not in the room. I'd rather be upfront about that than pretend otherwise. Every word, every lesson, and every mistake is mine. If this one lands close to home, I want to hear from you. Find me on Substack at nicolebremner.substack.com, where paid subscribers get early access, extended commentary, and the chance to ask me anything. Subscribe wherever you listen so Chapter 3 lands automatically. Next week: Chapter 3 — Forewarned Is Forearmed. Support the show [https://www.buymeacoffee.com/NicoleBremner] Disclaimer: The views and opinions expressed in this podcast belong solely to the host and guest speakers. The view and opinions of the guest speakers do not represent that of the host. Always do your own research.

Bricked It: There's More to This Than Money Chapter One #181

Send us Fan Mail [https://www.buzzsprout.com/1375666/fan_mail/new] Why fear of financial loss keeps so many of us awake, why property is never a one-size-fits-all answer, and the first look at my SAFER system for building wealth without the sleepless nights. The serialisation begins here — the Introduction and Chapter 1 of Bricked It, read start to finish. I open with the thing nobody likes to admit: fear of financial loss is what keeps us up at 2am. As Chris Voss puts it, nobody loses sleep over gains — it's loss that burrows in and eats at you. I've lived that fear, from rented accommodation with rats and counting pennies to benefit day, right through to nearly losing millions five years ago. This is the book I wish I'd had then. In Chapter 1, "There's More to This Than Money," I'm honest about what this is and isn't. It isn't sexy. It isn't a £20,000 Instagram course promising passive income (spoiler: there's no such thing). It's a smarter, SAFER system — built like a prefab house, where the magic is in months of preparation before anyone breaks ground. I share three client stories that show what that looks like in practice: Sophie, who found freedom in a Durham cottage near her daughter; Philippa, who learned her dream Thai villa was really a business in need of a plan; and Marnie, who pressed ahead with a rent-to-rent scheme that was only ever going to buy her an expensive headache. In this episode: * Why fear of loss drives so many of our money decisions — and how to turn that anxiety into action * The three reasons this book exists, especially for women worried their money won't last * Why owning a home is not the same as investing in property, and why no single asset should carry your whole future * Debunking the "passive income" and "other people's money" myths * A first look at the SAFER system and the mindset shift it asks for * Three real client stories on getting it right — and getting it wrong A note on the voice: what you're hearing is an AI-generated version of my voice reading my own words. It's me — just not in the room. I'd rather be upfront about that than pretend otherwise. Every word, every lesson, and every mistake is mine. If something here resonates, I want to hear it. Find me on Substack at nicolebremner.substack.com, where paid subscribers get early access, extended commentary, and the chance to ask me anything. Subscribe wherever you listen so Chapter 2 lands automatically. Next week: Chapter 2 — The Road From Where You Are. Support the show [https://www.buymeacoffee.com/NicoleBremner] Disclaimer: The views and opinions expressed in this podcast belong solely to the host and guest speakers. The view and opinions of the guest speakers do not represent that of the host. Always do your own research.

Bricked It: How (Not) to lose millions in property - introduction #180

Send us Fan Mail [https://www.buzzsprout.com/1375666/fan_mail/new] The Prosperity Podcast is back. Over the coming weeks I'm serialising my new book Bricked It chapter by chapter, the honest story of how a property empire worth £120m nearly broke me and what I built from the wreckage. After a long pause The Prosperity Podcast returns and this time it's personal. In 2017 I launched this podcast alongside my first book, Bricking It: From Stay at Home Mum to Millions in Property. The book became an Amazon bestseller, the podcast hit the global top 5% and I was running two property companies with a gross development value north of £120 million. It was a great story, stay at home mum cracks the property code. I believed every word of it. Then the market turned, deals went sideways and some things were definitely not as they were portray by key players. Ultimately I discovered I knew far less than I thought. This episode kicks off a chapter by chapter serialisation of my new book, Bricked It, the story of how I nearly lost it all and the slow, unglamorous work of rebuilding something real. In this episode: * Why I disappeared and why I'm coming back with honesty instead of a highlight reel * The difference between Bricking It and Bricked It, making millions vs nearly losing everything * "Mistaking luck for skill", why a rising market makes everyone look like a genius * The personal cost of relentless ambition: marriage, health and identity * A first look at the "Safer System," the framework I built after everything fell apart * Who this series is for: aspiring and current property investors, women building on their own terms, and anyone rebuilding after a setback What to expect: A new episode every week covering the next chapter of Bricked It  AI me reading from the book while AI journalist Chloe asks the pointed questions. Think of it as the director's cut: extra context, honest commentary, and the bits that didn't make the final manuscript. Yes, it's AI me and an AI journalist.  Subscribe wherever you listen, Spotify, Apple Podcasts, or your app of choice. For the deeper conversation, find me on Substack at nicolebremner.substack.com, where paid subscribers get early access, extended commentary and the chance to ask me anything. Next week: Chapter One. Support the show [https://www.buymeacoffee.com/NicoleBremner] Disclaimer: The views and opinions expressed in this podcast belong solely to the host and guest speakers. The view and opinions of the guest speakers do not represent that of the host. Always do your own research.