After spending a huge amount of time in meeting and helping property investors, Simon has identified the four main hurdles, or blockers, that people run up against on their property journey.
In this week’s show, Simon takes each, one-by-one, and tells you how you can overcome them or avoid them altogether.
KEY TAKEAWAYS
The lack of relevant knowledge - When you’re new to property, you may feel like you need to know everything before you can do anything. But it’s not true. Learn as you go, and accumulate your knowledge as you progress.
Misinformation and false beliefs - Be careful who you listen to. Take your guidance from people with a proven track of success. Ask for specialist advice from specialists in that area.
A good reason why - People give up when they don’t see instant success. Property isn’t a get-rich-quick scheme. It requires time and effort, which can only be truly rewarded if you have a strong reason for why you’re doing it.
Choosing the best strategy - Focus on finding motivated sellers. This allows for flexibility on price and terms. By giving yourself the space required, you can then choose the best strategy to close the deal.
BEST MOMENTS
’You learn through the experience of actually doing it!’
‘Accept that you won’t know everything - that you will make some mistakes. That’s how you learn’
‘If someone else has done it, that means that it’s actually possible’
‘If you have a good deal then you really don’t need your own money’
VALUABLE RESOURCES
To find out more about The Property Magic Challenge visit www.propertymagicchallenge.co.uk
Property Magic: How to Buy Property Using Other People's Time, Money and Experience by Simon Zutshi
To find your local pin meeting visit: www.PinMeeting.co.uk and use voucher code PODCAST to attend you first meeting as Simon's guest (instead of paying the normal £20).
iphone: http://bit.ly/pinAPP1
Android https://bit.ly/pinAPP2
Register at Mindset For Property at - www.mindsetforproperty.co.uk
ABOUT THE HOST
Simon Zutshi, experienced investor, successful entrepreneur and best-selling author, is widely recognised as one of the top wealth creation strategists in the UK. Having started to invest in property in 1995 and went on to become financially independent by the age of 32.
Passionate about sharing his experience, Simon founded the property investor’s network (pin) in 2003www.pinmeeting.co.uk. pin has since grown to become the largest property networking organisation in the UK, with monthly meetings in 50 cities, designed specifically to provide a supportive, educational and inspirational environment for people like you to network with and learn from other successful investors.
Since 2003, Simon has taught thousands of entrepreneurs and business owners how to successfully invest in a tax-efficient way. How to create additional streams of income, give them more time to do the things they want to do and build their long-term wealth.
Simon’s book “Property Magic” which is now in its sixth edition, became an instant hit when first released in 2008 and remains an Amazon No 1 best-selling property book.
Simon launched his latest business, www.CrowdProperty.com, in 2014, which is an FCA Regulated peer to peer lending platform to facilitate loans between private individuals and property professionals.
CONTACT METHOD
Contact and follow Simon here:
Facebook: http://www.facebook.com/OfficialSimonZutshi
LinkedIn: https://www.linkedin.com/in/simonzutshi/
YouTube: https://www.youtube.com/SimonZutshiOfficial
Twitter: https://twitter.com/simonzutshi
Instagram: https://www.instagram.com/simonzutshi/
