Breaking The Myths Of Property Investing
Listen now
Description
Liam aims to debunk common myths surrounding commercial conversion property investment in the UK, addressing five misconceptions that people often have about commercial conversions.  As Liam discusses, contrary to popular belief, one does not need to start with smaller property strategies before venturing into commercial conversions. Anyone, regardless of age, experience, or financial resources, can start and succeed in commercial conversions with the right blueprint and support. The episode also dispels the myth that a degree in engineering or property development is necessary, highlighting the importance of finding deals, securing funding, and building a reliable team KEY TAKEAWAYS Commercial conversions can be pursued as a starting point in property investment, without the need to first engage in smaller property strategies like single lets, HMOs, rent to rent, lease options, or flips. It is not necessary to have large amounts of personal funds to embark on commercial conversion deals. Funding can be obtained from banks, development funders, private investors, or through joint ventures. Obtaining a degree in property development or engineering is not a prerequisite for success in commercial conversions. The focus should be on finding deals, securing funding, and building a reliable team. It is possible to start and grow a commercial conversions business part-time, dedicating at least five to seven hours per week to high-income generating activities such as finding deals and building relationships.  BEST MOMENTS"In order to do commercial conversions, you first must go and do single lets HMOs rent to rent lease options flips... that is one of the myths."  "You can build a commercial conversion multi-million pound property empire using none of your own money."  "One of the worst things that I believe people are doing right now is spending wasted years, wasted money at university in an educational system that for almost everyone is completely redundant."  "No, you can start becoming a commercial conversion specialist part-time. However, you gotta put in at least five to seven hours a week."   VALUABLE RESOURCESThe Dealmaker Podcast - https://omny.fm/shows/the-deal-maker-by-liam-ryan Assets For Life - https://assetsforlife.co.uk    ABOUT THE HOSTYou're listening to The Deal Maker podcast with Property Expert, Property Multi Millionaire and Joint World Record Holder Liam J. Ryan. If you want to become a master negotiator, close more property deals, become a great salesperson and live a better life then The Deal Maker podcast is for you.  Liam is a property investor, business owner and Entrepreneur helping people make more money and live a happier life CONTACT METHODInstagram - https://www.instagram.com/liamjryanwealth/ Facebook Page - https://www.facebook.com/LiamJRyan.AFL Facebook Personal - https://www.facebook.com/profile.php?id=100010124928017
More Episodes
This time with Liam, the focus is on the fastest way to raise money for real estate through a step-by-step process. Liam shares his expertise on raising over nine million pounds of joint venture finance and helping his graduates raise even more. He introduces the No Money Down Blueprint, a...
Published 02/12/24
Published 02/12/24
Liam delves into the seven-step guaranteed system for successful property investing. Building on the previous episode, Ryan focuses on the fourth step, which is understanding the numbers involved in real estate investing. He emphasises the importance of key metrics such as return on investment,...
Published 02/05/24