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Link: https://www.tokeet.com/?ref=ztfjzgj

 

THE AIRBNB CONSULTANT - CONTACT US

https://airbnbconsultant.co/

DESCRIPTION

For this episode, Alex is joined by Simon Zutshi a renowned property investor and trainer. Simon discusses his journey from university to becoming a successful property investor. Including, his initial struggles, financial difficulties and the influence his first landlord had on how he runs his business.

 

He and Alex discuss mindset, leveraging strategic knowledge and meeting the challenges of the current high prices and more restrictive regulations. 

 

KEY TAKEAWAYS

 

• Property investing has its challenges, but it is also much easier than people think. You just have to follow the right process.
• High property prices do not make it impossible to get started in the business, Simon explains how to do so even if you have no money.
• Rent-to-rent, rent-to-buy or vendor options are low upfront investment property models anyone can potentially follow.
• As long as you have a reasonable credit rating you can secure a buy-to-let mortgage.
• There are risks in property, but if you are investing for the long-term they are a lot lower.
• Position yourself to take advantage of downturns.
• Always take full responsibility for your decisions.
• Be pragmatic, when things change, work out a new process and follow it.
• Having the right mindset and self-belief are vital.
• Never stop learning and adapting.
• If you don´t have a job, you have time. Use it to learn how to make money and acquire more skills.
• Right now, purchase lease options have a lot of potential. But you need to understand the business model. If you don´t have that knowledge work with people who do.
• As soon as you can, pay someone else to manage your properties so you can focus on buying. If you don´t buy more you won´t grow.

 

BEST MOMENTS

 

"A lot of people think about things but never take action. I´ve always been an action-taker."

 

"If you have the right mindset and belief and knowledge, there's always opportunities."

 

"Some people start with no money."

 

"I think there's so much opportunity in the market right now ."

EPISODE RESOURCES

 

https://www.linkedin.com/in/simonzutshi

https://propertyinvestorsnetwork.co.uk/meetings - use voucher code zutshi to attend your first PIN meeting for free

 

Simon´s books - https://www.amazon.co.uk/stores/Simon-Zutshi/author/B00404QL9Q? 

 

Rich Dad Poor Dad - https://www.amazon.co.uk/Rich-Dad-Poor-Teach-Middle-ebook/dp/B07C7M8SX9

 

HOST BIOS

 

Alex & Pooh have built a portfolio of over 16 Serviced Accommodation Units and 10 Buy-To-Lets collectively over the last 5 years.

 

This AirBnB Business has allowed each of them to create their own tailor-made ‘lifestyle by design.’

 

Pooh chose to escape the corporate life as an electrical engineer instead to spend his time at home with his young and growing family, and Alex likes to spend most of his time in sunny Spain enjoying his love for road cycling or even hiking in the Tramuntana mountain ranges.