Description
Simon puts the focus on leveraging resources to achieve property investment goals, emphasising the importance of not limiting decisions based on personal resources and instead leveraging other people's time, money, and experience.
KEY TAKEAWAYS
Leverage is essential for achieving property investing goals, utilising other people's resources like time, money, and experience. Networking is crucial in property investing to tap into resources and opportunities that can help in achieving success. Good debt, like investing in property with a mortgage, can be beneficial as it allows for asset appreciation and income generation. Managing time effectively by outsourcing tasks like deal sourcing, property management, and using virtual assistants can lead to more focus on acquiring properties. Continuous learning and investing in oneself is key to staying updated, improving skills, and accelerating success in property investing. BEST MOMENTS
"If you want to be truly successful in life, you need to learn how to leverage other people's resources."
"You need to tap into your existing network and also people who you don't know yet."
"Don't allow a lack of time to be a reason not to invest in property. It's not really the lack of time, it's the lack of priority."
"Your network is your net worth."
"Invest with knowledge, invest with skill."
VALUABLE RESOURCES
Property Magic: How to Buy Property Using Other People's Time, Money and Experience by Simon Zutshi
Find out about the Global PIN Meetings at www.globalpinmeeting.com
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).
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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.
Simon discusses the essential topic of finding cash investors for property deals. Emphasising the importance of mindset, he highlights how successful investors leverage other people's money to maximise their investment potential, and addresses common concerns, such as why someone would lend money...
Published 11/26/24
Simon addresses a common question among aspiring property investors: how much money is needed to start investing in property?
Simon highlights that the required investment can vary significantly, from those starting with no money to those with substantial funds.He also examines the importance of...
Published 11/19/24