EPISODE · Oct 23, 2022 · 11 MIN
PROPERTY: We Just Got Paid to Buy a House - MIMO REALLY WORKS!!
from The Property Nomads Podcast · host Rob Smallbone & Aaron Devoy
In this episode, Rob shares an example of the fact that the MIMO (Money In, Money Out) principle works. Proof positive that it is possible to make these deals. He explains how this golden goose of property investment works and provides insight into how you can also take advantage of these opportunities.KEY TAKEAWAYS Rob´s first MIMO experience was as a result of a Buy Refurb Refinance (BRR) project. You do not have to necessarily get all of the cash you put in back, for a deal to be worth doing. Building strong relationships with agents helps you to be told about the best deals. BEST MOMENTS‘MIMO or money in, money out works.’‘If you are in it for the long run as well, then chances are, over time, inflation is going to increase the asset price.’‘Know the right people and be ready to strike when you can get the deals.’ABOUT THE HOST Rob Smallbone, the host of The Property Nomads Podcast, is on a global mission to guide your success. Success can happen in many ways, shapes, and forms. Think about what success means to you. More properties? More clients? Financial freedom? Time freedom?Rob wants to make a huge difference to people around the world. He is here to guide your success in property, business, and life and to inspire you to achieve your goals, dreams, and visions. He's travelled, explored, and invested. And he's not planning on stopping these activities anytime soon.Buckle up, sit tight, and enjoy the ride that is life.BOOKS Buy To Let: How to Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL Property FAQs = https://amzn.to/3MWfcL4WEBSITEwww.tpnpodcast.com SHOP www.tpnpodcast.com/shop SOCIAL MEDIA Instagram - https://www.instagram.com/thepropertynomadspodcast/ Facebook - https://www.facebook.com/ThePropertyNomadsPodcast YouTube - https://www.youtube.com/channel/UCejNnh8OEUXSrdgFDFraWxgPatreon - https://www.patreon.com/tpnpodcastPODCAST The Property Nomads Podcast: I-Tunes = apple.co/3bHNn5G Stitcher = bit.ly/3cFQVqe Spotify = spoti.fi/2XaZliP uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast
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PROPERTY: We Just Got Paid to Buy a House - MIMO REALLY WORKS!!
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