Feb 25 2025 24 mins 24
“They say life throws pebbles before it throws rocks—and if you ignore the early warnings, get ready for an avalanche.”
On the morning of my wedding day, I got a call from a tenant. A boiler issue. And guess what? I was still the main contact because, at that point, I was the business.
A few years later, I thought I’d cracked it - I’d hired someone to manage our properties so I could sail into the sunset (literally). But what I didn’t realise was that hiring someone into a broken business, without systems, accountability, and the right leadership, was just another gamble. And this time, it didn’t pay off.
Within months, our lettings manager collapsed under the pressure, compliance issues stacked up, occupancy rates plummeted, and (if I’m being honest) I nearly lost more than just my business...
In this episode, I’m sharing the hardest lesson I’ve learned as a property investor - one that nearly cost me everything.
If you’re feeling stuck, overwhelmed, or worried your business is built on shaky foundations - this one’s for you.
********************
Welcome to the Inside Property Investing Podcast with Mike Stenhouse. You're in the right place if you're looking for practical advise and inspiring stories to help you build a thriving property investment business and create more freedom in your own life.
Start your application for the IPI Mastermind >>
See what we've got going on right now to help you succeed - https://go.insidepropertyinvesting.com/podcast-links
Get more advice and inspiration on your favourite platforms:
Instagram: @InsidePropertyInvesting
Youtube: Inside Property Investing
Facebook: Inside Property Investing
Newsletter: InsidePropertyInvesting.com
