Simon examines property market crashes and the potential financial pitfalls that can arise, such as negative equity and losses on investments. Drawing from personal experiences over 30 years of property investing, he shares insights on the 2007 market boom and subsequent crash, highlighting the importance of positive cash flow and strategic decision-making.

KEY TAKEAWAYS

The property market can experience significant fluctuations, as seen during the 2007-2009 financial crisis. It's crucial to recognise that property values can decrease, leading to situations like negative equity.

Always prioritise properties that generate positive cash flow. This ensures that even during market downturns, you can maintain ownership without the need to sell under pressure.

To mitigate losses during a market crash, plan to hold properties for the long term. Selling during a downturn often results in financial losses, while holding allows for potential recovery as the market improves.

Everyone in property investment will encounter challenges and losses. It's essential to learn from these experiences, whether they are your own or those of others, to make informed decisions in the future.

BEST MOMENTS

"I’ve made some mistakes. I’ve lost some money on some deals. Now, obviously, I’ve made more than I’ve lost overall."

"The only people who lose money when the property market comes down are people who have to sell."

"If you’re following the five golden rules from Property Magic, you can rent it out and make cash flow. We don’t need to sell."

"It’s important to learn from mistakes. It’s better to learn from someone else’s mistakes rather than learning from yours."

VALUABLE RESOURCES

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).

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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.

This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/