Simon shares a success story of a client who was on the brink of losing £100,000 on a property project gone wrong. Through expert advice and coaching, the client turned the situation around and is now set to make a profit of at least £100,000, if not more. The episode delves into the importance of seeking expert help, finding motivated sellers, understanding the risks of joint ventures, and the significance of due diligence when partnering with others in property investments. 

KEY TAKEAWAYS

• Seeking expert help and advice in property investment can lead to significant financial gains and turnaround in challenging situations.
• It is crucial to conduct thorough due diligence when entering into joint ventures to ensure the partners are fit for the purpose and have the necessary expertise.
• Exploring creative solutions, such as changing property usage or partnering with experienced individuals, can lead to more profitable outcomes in property investments.
• Seeking advice and sense-checking decisions with more experienced individuals can help identify blind spots and opportunities for maximising profits in property projects.
• Striving for win-win solutions in property transactions can benefit both parties involved, turning challenging situations into profitable opportunities.

BEST MOMENTS

"If you're going to joint venture with someone or if you have a buyer and they say they're going to buy cash, you want to ask them, do you actually mean cash or do you mean you're going to get some sort of finance?"

"I've got an 18-month, 24-month project to build a big portfolio that we're going to pass on."

"Sometimes you see sellers and they're in a situation where they want to get rid of a property, and they know what the potential is, but they just don't want to or can't do it themselves."

VALUABLE RESOURCES

If you would like a call to discover how coaching could help you visit this website. http://www.GrowthCall.co.uk

To attend your first pin meeting as Simon's guest visit http://www.pinmeeting.co.uk/, find your local meeting, and at the bottom of the page where you normally pay £20, click on where is says "pay with a voucher code" and use this code: PODCAST. This will by pass the payment page and you can attend your first pin meeting for free.

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).

Register at Mindset For Property at - www.mindsetforproperty.co.uk 

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/

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.