Breaking The Myths Of Property Investing

Liam aims to debunk common myths surrounding commercial conversion property investment in the UK, addressing five misconceptions that people often have about commercial conversions. 

As Liam discusses, contrary to popular belief, one does not need to start with smaller property strategies before venturing into commercial conversions. Anyone, regardless of age, experience, or financial resources, can start and succeed in commercial conversions with the right blueprint and support. The episode also dispels the myth that a degree in engineering or property development is necessary, highlighting the importance of finding deals, securing funding, and building a reliable team

KEY TAKEAWAYS

Commercial conversions can be pursued as a starting point in property investment, without the need to first engage in smaller property strategies like single lets, HMOs, rent to rent, lease options, or flips.

It is not necessary to have large amounts of personal funds to embark on commercial conversion deals. Funding can be obtained from banks, development funders, private investors, or through joint ventures.

Obtaining a degree in property development or engineering is not a prerequisite for success in commercial conversions. The focus should be on finding deals, securing funding, and building a reliable team.

It is possible to start and grow a commercial conversions business part-time, dedicating at least five to seven hours per week to high-income generating activities such as finding deals and building relationships.

 BEST MOMENTS

"In order to do commercial conversions, you first must go and do single lets HMOs rent to rent lease options flips... that is one of the myths." 

"You can build a commercial conversion multi-million pound property empire using none of your own money." 

"One of the worst things that I believe people are doing right now is spending wasted years, wasted money at university in an educational system that for almost everyone is completely redundant." 

"No, you can start becoming a commercial conversion specialist part-time. However, you gotta put in at least five to seven hours a week." 

 VALUABLE RESOURCES

The Dealmaker Podcast - https://omny.fm/shows/the-deal-maker-by-liam-ryan

Assets For Life - https://assetsforlife.co.uk   

ABOUT THE HOST

You're listening to The Deal Maker podcast with Property Expert, Property Multi Millionaire and Joint World Record Holder Liam J. Ryan. If you want to become a master negotiator, close more property deals, become a great salesperson and live a better life then The Deal Maker podcast is for you. 

Liam is a property investor, business owner and Entrepreneur helping people make more money and live a happier life

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