In today’s episode of Property Sourcing Profits, David discusses two types of people, two types of friends who want to get into the world of deal packaging and the 12 tasks you need to do, to get your deal packaging business up and running. Hop on to this episode to learn and find out more.

KEY TAKEAWAYS

 

• The two types of people, two types of friends who want to get into the world of deal packaging.

• Welcome on new people to deal-packaging. Those haven't started yet who maybe got plans in 2019 to move their business to the next level. Packaging is the vehicle they're going to use to propel themselves into the world of property.

• Those of you who may have already started the journey, but you faulted. You paused. You didn't do what we told you to do.

• 12 tasks to get your deal packaging business up and running.

• Business cards. It's a tool of your business; it is not just an extravagance that nobody ever going to read and stuff like that. It's a tool, if you're going networking, if you're going to meet potential investors face to face you need to have a business card.

• Get yourself a folio. Get a presenter pack, because you're going to have to present your deals to your investors.

• Network meetings. Networking is the key.

• Trading profile. How are you going to trade yourself? If it's the first time you set up your own business or your own company, then you've got a choice probably, but talk to your accountant. How are you going to trade, you need to think about that.

• Compliance. Deal packages we are considered under the estate agents act 1988 as estate agents we are regulated that we have to comply. Compliance is very, very important.

• Marketing. If you want your business to always be at the top of the game, you have to know how to market your product in the right manner.

• Estate agents.

• Director vendor marketing. Just get yourself into local buy and sell groups local to where you want your property, your property hotspot is. Position yourself, give content, help people, and build your profile that people will want to connect with.

• Leaflets. Leaflets do work, post the leaflets in the area you want the property regularly but not many of them. Do that for months, like five months.

• Direct vendor letters. Send letters to houses that been on the market for a long time.

• Investors. Start promoting yourself online.

 

BEST MOMENTS

• “Networking is the key.”
• “Compliance is very, very important.”
• “Marketing is huge for you and your business.”

VALUABLE RESOURCES

www.booking.com  

• Airbnb
• Facebook

ABOUT THE HOST

David is a property expert with over 25 years’ experience and his own portfolio of 26 units. His current rent roll is in excess of £10k per month. He is also a partner in a Deal Sourcing and Packaging business in the North West of England and has sourced over 250 properties for investors since 2004. In recent years he has, by necessity, had to develop an expertise in LHA strategies. This area is increasingly becoming a niche for him and he enjoys empowering other landlords by sharing the knowledge he has gained. The ultimate purpose when sourcing properties in this sector for investors is to minimise risk while maximising profit. He has had to find answers to the challenges of Tenant Find, Management, ensuring rents are paid and the transition to Universal Credit. These are strategies he uses in his own business and also on behalf of investors. His investor clients regularly achieve annual gross yields of over 20% with high occupancy rates and voids resolved, sometimes within hours.

CONTACT METHOD

• https://www.linkedin.com/in/david-siegler-7b126316/
• https://www.facebook.com/DavidSieglerInvestments/