Property Investing is NOT Just a Hobby; What is Your Reason Why? episode artwork

EPISODE · Oct 18, 2019 · 21 MIN

Property Investing is NOT Just a Hobby; What is Your Reason Why?

from Property Magic Podcast · host Simon Zutshi

Welcome to The Property Magic Podcast! Today, your host, Simon Zutshi, lets you into his formative years in the property industry. Discover how he was able to grow his property portfolio and created property investors network (pin) as a result. pin is the largest property network organisation right now in the UK, and it has helped a lot of investors already, even across the globe! Simon does NOT want you to make the same mistakes he did when he first started out in property, so on this very first episode, he enlightens you about property investment’s very purpose through his own experiences. What do you have to do? What do you have to avoid? Listen in now to know more. KEY TAKEAWAYS It was his landlord when he was still in the university who introduced him to the concept of property investment and its benefits. As soon as he graduated from college, Simon was eager to build his work experience and land a worthwhile first job. He applied to every job opening he liked, and he got great job offers. When buying properties, always look at the numbers—annual rental, cost for renovation and repairs, insurance, taxes, etc. Never decide with your emotions; Don’t buy something because you love it or you have close ties with the owner. The properties should be considered as your own ‘cash machine’. They must increase your income. Simon saw the need of having connections while growing his property portfolio. So, he did—he met and built new relationships. But, sadly, none of it was directly helpful to his property investing career, so he thought of building a network of people like him. Thus, he founded the property investors network (pin) in 2003. There are at least 50 pin meetings across the globe. The biggest mistake Simon made is treating property investment as a hobby he did on a side. BEST MOMENTS “You don’t need 20 houses to become financially independent. For most people, less than five good investment properties could be more than enough to replace your income.” “I took massive action, and that paid off.” “I believe that investing in property could make you more money than anything you could ever do.” VALUABLE RESOURCES Tony Robbins - https://www.tonyrobbins.com Property Magic: How to Buy Property Using Other People’s Time, Money and Experience by Simon Zutshi | Amazon property investors network (pin) - pinmeeting.co.uk. Use the voucher code podcast to attend your first pin Meeting free of charge (usually £20). ABOUT THE HOST Simon Zutshi, experienced investor, a 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 investors network (pin) in 2003. 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 on 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 Facebook: http://www.facebook.com/OfficialSimonZutshi Lindkedin: https://www.linkedin.com/in/simonzutshi/ YouTube: https://www.youtube.com/SimonZutshiOfficial Twitter: https://twitter.com/simonzutshi Instagram: https://www.instagram.com/simonzutshi/

Welcome to The Property Magic Podcast! Today, your host, Simon Zutshi, lets you into his formative years in the property industry. Discover how he was able to grow his property portfolio and created property investors network (pin) as a result. pin is the largest property network organisation right now in the UK, and it has helped a lot of investors already, even across the globe! Simon does NOT want you to make the same mistakes he did when he first started out in property, so on this very first episode, he enlightens you about property investment’s very purpose through his own experiences. What do you have to do? What do you have to avoid? Listen in now to know more. KEY TAKEAWAYS It was his landlord when he was still in the university who introduced him to the concept of property investment and its benefits. As soon as he graduated from college, Simon was eager to build his work experience and land a worthwhile first job. He applied to every job opening he liked, and he got great job offers. When buying properties, always look at the numbers—annual rental, cost for renovation and repairs, insurance, taxes, etc. Never decide with your emotions; Don’t buy something because you love it or you have close ties with the owner. The properties should be considered as your own ‘cash machine’. They must increase your income. Simon saw the need of having connections while growing his property portfolio. So, he did—he met and built new relationships. But, sadly, none of it was directly helpful to his property investing career, so he thought of building a network of people like him. Thus, he founded the property investors network (pin) in 2003. There are at least 50 pin meetings across the globe. The biggest mistake Simon made is treating property investment as a hobby he did on a side. BEST MOMENTS “You don’t need 20 houses to become financially independent. For most people, less than five good investment properties could be more than enough to replace your income.” “I took massive action, and that paid off.” “I believe that investing in property could make you more money than anything you could ever do.” VALUABLE RESOURCES Tony Robbins - https://www.tonyrobbins.com Property Magic: How to Buy Property Using Other People’s Time, Money and Experience by Simon Zutshi | Amazon property investors network (pin) - pinmeeting.co.uk. Use the voucher code podcast to attend your first pin Meeting free of charge (usually £20). ABOUT THE HOST Simon Zutshi, experienced investor, a 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 investors network (pin) in 2003. 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 on 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 Facebook: http://www.facebook.com/OfficialSimonZutshi Lindkedin: 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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Property Investing is NOT Just a Hobby; What is Your Reason Why?

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How long is this episode of Property Magic Podcast?

This episode is 21 minutes long.

When was this Property Magic Podcast episode published?

This episode was published on October 18, 2019.

What is this episode about?

Welcome to The Property Magic Podcast! Today, your host, Simon Zutshi, lets you into his formative years in the property industry. Discover how he was able to grow his property portfolio and created property investors network (pin) as a result. pin...

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