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In this episode, we talk to Doug McSween of 91BC.\xa0 Doug is a partner in a successful factoring company based in Glasgow and it was interesting to talk to him about the sector.\xa0 Many property investors despise factors, eating into the cash flow and overcharging for maintenance but like any industry, there are good and bad.

We discuss:

• What a factor is and what exactly they do for their money
• How did they generate income and do they take on markup on maintenance jobs and insurance
• Why factors get a bad name and what can be done to improve standards
• How Doug's company 91BC is modernising the industry with tech systems that offer owners real time information
• Why it is a good idea to have a factor to protect your asset in the long term
• What sort of issues occur when owners do not have a factor in place

Connect with Doug:

https://91bc.uk/
https://www.linkedin.com/in/doug-macsween-6040a846/
Email: doug@91bc.uk

\u2b50\ufe0f\u2b50\ufe0f\u2b50\ufe0f\u2b50\ufe0f\u2b50\ufe0f Hope you find it useful and we would appreciate it hugely if you could find time to leave a review on Apple Podcasts.
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Steven Clark on Instagram: https://www.instagram.com/stevenclark84/

Nick Ponty on Instagram: https://www.instagram.com/nick_ponty/
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Steven@steven-clark.com
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Nick@arcproperty.uk