How To Upgrade Where You Live

EPISODE · Jun 14, 2021 · 14 MIN

How To Upgrade Where You Live

from Property Magic Podcast · host Simon Zutshi

In this week's show, the third of a five part series about Purchase Options and Purchase Lease Options, Simon talks about the ways in which you can upgrade the place in which you live, in particular, how you can go from renting to owning your own home without the need for a large deposit or mortgage, or simply increase the size of the home you do own. KEY TAKEAWAYS By living in a property on which you hold a Purchase Lease Option, you still retain the benefit of potential capital growth. Be realistic about your budget. Everyone would like to live in a bigger house, but examine the numbers and see if they work for you. The joy of a Purchase Lease Option is that if you do not wish to stay in the property, you can always assign away the lease for a profit and move on. Look for properties that are not just on the market for sale, but also to rent. This will generally denote an owner who is eager to relieve themselves of the financial burden of the property. BEST MOMENTS 'Would you like to live in a bigger property and in a better area? If the answer's yes, then you're going to love this podcast' 'Affordability is really important!' 'A purchase lease option might be less than the rent you're paying now' 'This is a great solution for them, and a great solution for you!' VALUABLE RESOURCES Come and join Simon for a live online training about Purchazse Lease Options. Register here: www.PLOtraining.com 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 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/

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How To Upgrade Where You Live

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