Deal Or No Deal?

Simon talks about how to recognise whether or not you should pull the trigger on certain property deals - how to quickly assess a deal, and why timing matters so much. KEY TAKEAWAYS Taking action is vital at the right moment. If you wait too long then someone else could swoop in and close the deal. Indecision costs money! Never back away from a deal for fear of something that might come along in its place. It's far better to have a deal in hand than hold out for something better that might not materialise. High inflation means that banks are raising interest rates. The money you invest will have a far better rate of return. There's never been a better time to invest with other people's money. You can offer a far better rate of return than traditional routes of storing cash. BEST MOMENTS 'If you find a really good property deal, you need to move quickly' 'Does this property actually make us cashflow?' 'If a better deal does come along, you could find someone else to fund it for you' 'Anybody who has money in the bank is losing money hand over fist' 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). 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 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/