Simon’s property journey has spanned the last 25 years, which has seen him accumulate a lifetime’s worth of knowledge along the way. But there are eight lessons that stand out as the most invaluable, and this week Simon shares them with you.
KEY TAKEAWAYS
Motivated sellers are an entirely different breed of seller. They require a different strategy, but can often net buyers huge rewards.
Make sure you buy in an area with strong rental demand. When tenants move out, you should have someone else lined up to move in.
You can make money in the short term, but always look to make each investment a long term prospect. Long term is where the real wealth lies.
Let your team do their job, but make sure you check in regularly. You need to fine tune the alignment from time to time, to make sure your values are being upheld.
BEST MOMENTS
‘I realised just how powerful property investment can be’
‘I can’t tell you just how valuable networking is as a way to learn from other people’
‘You don’t know what you don’t know’
‘My biggest regret is treating investing like a hobby'
VALUABLE RESOURCES
Property Magic Book:
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).
Check out the property investors network App
iphone: http://bit.ly/pinAPP1
Android https://bit.ly/pinAPP2
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 2003 www.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/
