The 4 Step Process For Stacking Property Deals

Episode 93 of the Property Magic Podcast podcast, hosted by Simon Zutshi, titled "The 4 Step Process For Stacking Property Deals" was published on July 12, 2021 and runs 18 minutes.

July 12, 2021 ·18m · Property Magic Podcast

Summary

In this week's show, Simon talks you through his four-step process for stacking property deals, and how by following this you can greatly energise your property investing plans. KEY TAKEAWAYS Only buy in an area with strong rental demand, and accurately assess whether or not it's a viable property in terms of rental income, and how much you can hope to gain from it. Work out how much money you'll need in order to acquire the property. Remember that you don't always have to put money down, and can use strategies such as PLOs. Only buy a property that will give you a cashflow. There must be profit left over every month. Everything you buy must make money straight away. Look at the potential return on investment for the property. We need to make sure that any money we put into a deal is working effectively on our behalf. BEST MOMENTS 'You need to understand how much rental income you can achieve' 'For every property you're buying in a traditional way, assume you'll need about 30% of the purchase price upfront' 'If a property isn't making you a cashflow, I wouldn't buy it!' 'You need to factor in that cost and then add in the return that you'd like to make' VALUABLE RESOURCES 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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