We are delighted to feature an interview with Brett Alegre-Wood. Brett is passionate about helping people to build their own property portfolios, and is the author of “The 3+1 Plan”, a property investment book which won the People’s Book Prize for Non-fiction in 2010. He has founded a number of businesses including YPC Group, which sources and manages properties for investment, and is the chairman of Bastien Jack, a housebuilding group.
Why did you get into property?
My parents used to renovate properties as a teenager and so I learnt the ropes then. It didn’t take long to realise there was money to be made in property. It wasn’t until the late 90s that I moved into teaching others about property.
Who has been the most influential role model for your business life?
I have had a few mentors (no one famous) who helped me in the early years. Since moving to the UK, my network had to be rebuilt. I’d love to name some famous names but the truth is the people who most influence my business life are other successful people.
What’s the one thing you would want overseas investors know about investing in UK property?
Do your due diligence, before you invest. A glossy brochure and the hearsay of a salesperson isn’t something you should be listening to.
What single thing would make your business life easier?
Every person has to undergo training on how to use emails. Some of the emails I get these days are more brain dumps than coherent thoughts – a total waste of time.
In a movie of your life story, which actor would you like to play you?
Hugh Grant – people have always said he looks like me (when I have longer hair). He’d probably struggle with my Aussie accent.
What would be your dream job if you didn’t work in property?
Prime Minister, but I would be a terrible one because I am opinionated, pig-headed and am big on the truth. 🙂
What do you do to relax?
I train Boxing, Mixed Martial Arts, Swim and Bikram Yoga. I also love to travel but with young kids that has taken a back seat for now.
What is your favourite holiday destination?
We have a place in Costa Blanca, Spain, such a relaxing place, I have written my last three books there and it’s set up really well for the family. Besides that, Nepal is still my favourite country to visit, a great mix between disorganised chaos and full-on adventure.
What is your biggest extravagance?
Singapore Grand Prix every year. I have 12 mates from Aussie and the UK each year for three days, I go all out. It used to be four days, but we are all getting older now. Besides that, I have 3 kids under 5 and another on the way so they are an extravagance but I wouldn’t change it for the world.
What piece of advice would you give your 25 year old self?
Stay focussed, put down the books and make another call. I feel that people spend too much time reading and not enough time applying the stuff they have learnt. It changed my lifestyle when I did.