Recession Proof Strategies

Episode 158 of the Property Magic Podcast podcast, hosted by Simon Zutshi, titled "Recession Proof Strategies" was published on October 10, 2022 and runs 16 minutes.

October 10, 2022 ·16m · Property Magic Podcast

Summary

Simon talks about the property investing strategies that have time and again proven to be recession proof, so that you can ensure your business remains robust, no matter what happens in the financial future. KEY TAKEAWAYS Rising interest rates, high energy costs, and high inflation mean that times ahead are proving uncertain for many. But we must remember that with massive uncertainty also comes huge opportunity. We need to make sure that the properties we acquire and in high demand. Due diligence in your chosen area will show this. There must be a high cash flow for each property. You need to make much more profit than the average property so as to maximise margins. This offsets any rising costs. People always need somewhere to live, and with costs rising, they often downsize their living arrangements. This means that HMOs (houses of multiple occupancy) are a recession-proof strategy, as they will always be in demand, even during tough times. BEST MOMENTS 'Times are going to be very difficult ahead for many people' 'There must he HIGH cash flow' 'We want cost effective strategies for tenants!' VALUABLE RESOURCES To join Simon on a complementary 4 hour online workshop all about how to maximise your cashflow reserve your place here now - https://www.maximiseyourcashflow.co.uk 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/

Episode Description