Property Magic Podcast

Simon shares six essential steps to help you secure your next or first property investment deal. He emphasises the importance of clarity in your investment goals, guiding you through the process of determining your desired outcomes and the strategies that will best achieve them, such as high-end HMOs for passive income.

KEY TAKEAWAYS

• Before diving into property investing, it's crucial to clarify what you want to achieve, whether it's creating passive income or generating cash flow. Different strategies yield different results, so understanding your objectives will guide your investment choices.

• Invest in areas where you have local knowledge, as this will help you identify good and bad neighbourhoods. Conduct research to ensure there is strong rental demand, which is essential for successful property investment.

• Assemble a team of professionals, including local estate agents, letting agents, mortgage brokers, and solicitors. Networking at local property investor meetings can help you find reliable team members through recommendations.

• Practice making offers on every property you view, even if you're not particularly interested. This builds confidence and helps you understand the negotiation process. Aim to offer slightly less than what you're willing to pay to start negotiations.

BEST MOMENTS

"The problem is there are so many property strategies out there. Often people get overwhelmed, they get distracted by the new shiny penny, they get analysis paralysis."

"You should make an offer on every single property you view. Why? Well, first of all, it's good practice."

"Most sellers become more motivated with time. What didn't necessarily work now might well work in the future."

"I think there'll always be a demand for high quality HMOs, houses of multiple occupation, where you're renting to students, young professionals or working people."

VALUABLE RESOURCES

Claim your free trail to Property Filter here: https://register.property-filter.co.uk/simon

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).

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.

Simon is joined by special guest, John Woodman, who shares his inspiring story about a life-changing lease option deal he executed, which resulted in a remarkable profit of over £100,000 from a single property. John, who transitioned from a 21-year career in the defence sector to property investment, discusses how he discovered this unique opportunity through a connection made while speaking to business studies students at a local college.

Simon also delves into the details of the deal, including the structure of the option agreement, the transformation of the property into service accommodation, and the innovative approach of providing emergency housing for local councils. 

KEY TAKEAWAYS

• John found his property deal through a connection made while speaking to business studies students, demonstrating the importance of networking and being open to opportunities in unexpected places.
• The deal was structured as a lease option, allowing John to control the property without a large upfront deposit or mortgage, which significantly reduced his financial risk.
• John pivoted his service accommodation strategy to provide emergency housing for local councils, creating a consistent income stream while fulfilling a community need.
• The property generates a net profit of approximately £9,000 per month, translating to over £100,000 annually, showcasing the potential for substantial returns in property investment.
• John invested around £50,000 in renovations and legal fees, which, given the high revenue generated, allowed for a quick return on investment, emphasising the importance of enhancing property value to maximise income.

BEST MOMENTS

"We reckoned it was about 1.1 to 1.2 million. The agent told them it was going to be worth 1.5 million. He hugely overvalued it."

"We said, well, why don't we basically rent it off you for the next five years, and we pay them very similar amount to what they were getting in terms of rent."

"Across the four-bedroom house and the flats, with the dance school, we get a little bit of money for the dance school every month. We take in about £16,000, £16,500 a month."

"You can never judge anyone. You should be putting out the giver's game about just connecting with people, trying to help people, because you never know where it's going to land."

VALUABLE RESOURCES

If you would like to learn more about how you can use Purchase Lease Options with your investing register for some free training with Simon Zutshi here.

https://property.isrefer.com/go/LOW/Podcast/

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).

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.

Simon is joined by full-time property investor Michelle Cairns, who shares her remarkable journey with a purchase lease option deal that transformed her financial landscape. Michelle discusses how she transitioned from a teaching career to property investing, emphasising the importance of creative finance strategies. She reveals the details of her 10-bed HMO deal, including how she secured it with no money down and the innovative ways she financed the necessary refurbishments. The conversation highlights the benefits of options for both investors and property owners, showcasing how Michelle not only generated significant monthly income but also positioned herself to acquire the property at a higher valuation.

KEY TAKEAWAYS

• Using purchase lease options can allow investors to acquire properties without a large deposit or mortgage, making it accessible for those with limited initial capital.
• Asking the right questions during property negotiations can uncover potential deals. For instance, inquiring if the owner would consider selling in the future can lead to a purchase lease option arrangement.
• Investing in property improvements can significantly increase its value. In this case, refurbishing the property and enhancing its appeal led to higher rental income and a substantial increase in market value.
• Having a clear exit strategy is crucial. Understanding how to secure financing or assign the option can alleviate concerns about future payments when the option period ends.
• Engaging with a community of like-minded investors can provide valuable insights and support. Learning from others' experiences and sharing knowledge can enhance confidence and success in property investment.

BEST MOMENTS

"I thought, right, that's, this is a perfect purchase lease option situation because they don't need to sell right now. They don't need the money."

"I just put out something to the people I knew on social media and just said, have an opportunity. Kept it super vague."

"I knew that you'd done some and I knew lots of other people had done it. So even though I didn't know the detail... I just had faith that other people had done it."

"It's a win, win, win. Obviously, options don't work for everybody... But it's about understanding how to find these people, how to speak to them, and how to structure a win-win deal."

VALUABLE RESOURCES

If you would like to learn more about how you can use Purchase Lease Options with your investing register for some free training with Simon Zutshi here.

https://property.isrefer.com/go/LOW/Podcast/

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).

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.

Simon explores the concept of luck and how individuals can create their own opportunities, emphasising the importance of a positive mindset, and encouraging listeners to believe they are lucky and to use affirmations to reinforce this belief.

The episode highlights the significance of building a strong network, taking personal responsibility for one's circumstances, and viewing challenges as learning opportunities. Additionally, Simon introduces an exciting chance for listeners to win a fully paid scholarship for a year-long property mastermind program

KEY TAKEAWAYS

• Mindset Matters: Believing that you are a lucky person can create a positive expectation that attracts more opportunities. Affirmations can help reinforce this belief.
• Expanding your network is crucial. The more people who know you and your goals, the more likely you are to attract resources and opportunities that can help you succeed.
• Taking responsibility for both the good and bad experiences in your life is essential. This mindset shift can help you see challenges as learning opportunities.
• Seize Opportunities: When opportunities arise, evaluate whether they align with your goals. It's important to say no to distractions and yes to actions that will help you achieve your objectives.
• Take Action: Many people miss out on opportunities because they don't take action. Engaging in events, like the virtual property exhibition, can provide valuable insights and chances to win scholarships or discounts on training programs.

BEST MOMENTS

"If you believe you are a lucky person, you are probably going to be a luckier person and more opportunities will come to you."

"Sometimes you win, sometimes you learn. If you accept that, things either go really well for you or they don't."

"Things don't happen to you. They happen for you. Everything happens for a reason."

"Are you someone who seizes opportunities or do you let opportunities slip through your hands?"

"Accept personal responsibility for your future, for your success, because no one else is going to do it for you."

VALUABLE RESOURCES

Find out how you could win a fully paid scholarship on my 12 month Property Mastermind mentorship (worth £30,000), by attending our free of charge Virtual Property Exhibition on Saturday 11th January, on which I will share all the detail about the scholarship, what I am looking for, and how you can apply to win this life changing prize.  Register here: https://bit.ly/PMPVPE

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).

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.

Simon is joined by the amazing Ruth Hunter, a successful property investor who transformed her life from working in the wedding industry to achieving a profit of £100,000 per annum in just three and a half years.

Ruth shares her initial challenges, including a daunting first property auction experience and the impact of COVID-19 on her career and finances. She emphasises the importance of education, networking, and taking action, highlighting how she leveraged creative finance strategies and built strong relationships with investors through social media and networking events. 

KEY TAKEAWAYS

• Investing in property requires knowledge and skills. Engaging in courses and networking events can provide the necessary education and support to succeed in property investment.
• Taking decisive action, such as applying for scholarships or attending networking meetings, can lead to significant opportunities. Persistence and a proactive approach are crucial for success.
• Exploring creative finance options, such as vendor finance and joint ventures, can help overcome financial barriers and enable property acquisitions without needing substantial upfront capital.
• Surrounding oneself with positive, like-minded individuals can enhance motivation and provide valuable insights. Engaging with mentors and peers can help navigate challenges and maintain a positive mindset.

BEST MOMENTS

"I always said if I could buy the builders a beer at the end of it, I'd be happy, but realistically that scared me."

"I knew I couldn't do it alone. I knew I needed the training."

"If you're going to post and let people know, you've got a much better chance of people finding you than if you keep it a secret."

"Don't wait any longer because time is going so quickly. So I would say the first thing is take action now."

VALUABLE RESOURCES

Find out how you could win a fully paid scholarship on my 12 month Property Mastermind mentorship (worth £30,000), by attending our free of charge Virtual Property Exhibition on Saturday 11th January, on which I will share all the detail about the scholarship, what I am looking for, and how you can apply to win this life changing prize.  Register here: https://bit.ly/PMPVPE

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).

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.

Simon examines the critical importance of taking downtime for personal well-being and professional success, especially during the holiday season. He shares personal anecdotes, including lessons learned from his time on Necker Island with Richard Branson, highlighting the balance between hard work and relaxation.

Simon also discusses the dangers of neglecting family relationships while pursuing financial goals and offers practical tips for scheduling holidays and planning work around them. 

KEY TAKEAWAYS

• Taking regular breaks is essential for maintaining high performance and avoiding burnout. Successful individuals prioritise downtime to recharge and enjoy life.
• Schedule holidays and downtime before planning work commitments. This approach ensures that personal time is prioritised, leading to a more balanced life.
• Allocate specific time slots for property investing and plan what tasks to focus on in advance. Prioritise the most important tasks to maximise productivity during these sessions.
• Include free periods in your schedule to allow for unexpected opportunities or urgent tasks. This flexibility helps manage time effectively and ensures that important tasks are completed.
• Communicate your goals and the reasons behind your hard work with family and partners. Involving them in your aspirations can foster support and understanding, making it easier to balance work and family time.

BEST MOMENTS

"Some of the most successful people I have met absolutely insist that one of the most important things you can do if you want to be a high achiever is make sure you have plenty of breaks scheduled."

"A danger is we spend so much time doing that, we're not actually spending enough quality time with our family."

"By planning in regular downtime for you and also with your partner, with your family, you're ensuring that this big fortune you're building is not for some waste."

"When you set your big goals, I highly recommend you share that with your significant other, with your relationship partner, your business partners."

"If you have those slots available in your diary, you can use them to deal with things that come up that are urgent."

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).

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.

Simon looks at the importance of planning for the future, specifically focusing on setting goals for 2025 and beyond. Drawing on insights from Tony Robbins, he highlights how people often underestimate their potential over a decade while overestimating what can be achieved in a year. The episode outlines two key financial milestones: financial independence and financial freedom, encouraging listeners to define what these mean for them and to create actionable plans to reach their goals. 

KEY TAKEAWAYS

• Having a clear plan for 2025 and beyond is crucial for achieving your goals. Without a plan, you risk fitting into someone else's agenda.
• Aim for financial independence, where you no longer have to work for money, and strive for financial freedom, which allows you to live life without worrying about costs.
• Success in property investing often requires collaboration. Leverage your network to access knowledge and resources, and consider hiring professionals for tasks that can free up your time.
• Maintain a pipeline of property deals at various stages to avoid becoming a motivated buyer. This approach allows you to stay focused on finding the best opportunities without getting emotionally attached to any single deal.
• Break down your larger goals into smaller, actionable steps. For instance, if you aim to acquire four properties in a year, plan to acquire one every three months and outline the necessary actions for each month and week.

BEST MOMENTS

"Failing to have a plan is like planning to fail. If you don't have a plan of what you want to achieve, ultimately, you'll end up fitting into someone else's plan."

"People often overestimate what they can do in 12 months, but massively underestimate what they can do in a decade."

"You are not going to be successful on your own. You can't do everything on your own."

"If you want to achieve these goals as financial independence or financial freedom, and you're not doing everything on your own, who are the people who you can get to do some tasks for you?"

"A big mistake you want to avoid is where investors become what we call motivated buyers. They’re so desperate to do a deal that they try and tweak the numbers to make it work."

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).

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.

Simon examines the importance of reflection as a tool for personal and professional growth. As the festive season approaches, listeners are encouraged to look back on their achievements and lessons learned over the past year, rather than focusing solely on unmet goals. Simon also highlights insights from Dr. Benjamin Hardy's book, "The Gap and the Gain," which advocates for a positive mindset by recognising progress made. 

KEY TAKEAWAYS

• Take time to look back over the past year and recognise your accomplishments and progress. This reflection can provide motivation and a positive mindset for planning the upcoming year.
• Identify lessons from both successes and failures. Every experience, whether positive or negative, offers valuable insights that can help you improve and move forward.
• Don’t hesitate to collaborate with experts in areas where you lack knowledge. Building partnerships can enhance your skills and lead to better outcomes in your endeavours.
• Success in property investment requires commitment. Dedicate your available time to networking, learning, and taking action towards your goals, even if you have other full-time responsibilities.

BEST MOMENTS

"If you want to move forward, you've got to be in a good positive state... look over your shoulder and be in the gain."

"It's not selfish to become financially independent, it's selfless to become financially independent."

"Either you're winning or you're learning. That's a great way to look at things."

"You don't need to know everything... you probably know enough at least to get started."

"As soon as you accept personal responsibility... that's when you can start becoming a more successful person."

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).

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.

Simon explores the question of whether investing in student property is a wise decision. The discussion highlights two distinct types of student accommodation: traditional houses converted into Houses in Multiple Occupation (HMOs) and purpose-built student blocks.

Simon examines the importance of location, quality, and understanding the academic cycle when investing in student properties

KEY TAKEAWAYS

• There are two main types of student properties: traditional shared houses (HMOs) that can be a good investment, and purpose-built student accommodation, which is generally not recommended due to various limitations.
• Successful student accommodation should be located close to universities and maintained to a high standard. Properties that are too far from campus or not well-kept tend to struggle with occupancy.
• Timing is crucial when investing in student properties. Many students start looking for accommodation in January or February for the following academic year, so it's important to have properties ready well in advance.
• Beyond students, properties can be repurposed for young professionals or other types of tenants, providing flexibility and potential for higher returns if the student market is oversaturated.
• Investing in purpose-built student accommodation can lead to high costs, limited exit strategies, and potential issues with long-term value. Traditional HMOs offer better opportunities for capital growth and tenant stability.

BEST MOMENTS

"There are two different types of student property, one of which I would not touch with a barge pole, and you should not invest in that type of student property, in my opinion."

"It's got to be very high accommodations. Don't think student accommodation is a slum alternative, not very good accommodation. Absolutely not."

"If you buy a purpose-built property like this, you are paying a very high price... you're paying far more than the bricks and mortar value."

"Investing in a purpose-built student accommodation block is probably better than doing no investment at all, but I think it's a little bit of a lazy way to invest."

"When you set it up correctly, student property can be very hands-off. It's not as intensive as another HMO where you see the tenants turning over a bit more often."

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).

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.

Simon discusses the essential topic of finding cash investors for property deals. Emphasising the importance of mindset, he highlights how successful investors leverage other people's money to maximise their investment potential, and addresses common concerns, such as why someone would lend money and the misconception of not knowing anyone with funds. 

KEY TAKEAWAYS

• A successful investment journey starts with the right mindset. Believing in your ability to attract investors and understanding that you can help them make money is crucial.
• Friends, family, and work colleagues are often the best sources for potential investors. Sharing your property investment journey with them can open doors to funding opportunities.
• Attending property networking events and training sessions is vital for meeting potential investors. Building relationships in person helps establish trust and credibility.
• Instead of directly asking for money, share what you are doing in property investing. This approach can lead to conversations about potential investment opportunities without the discomfort of a direct request.
• Actively sharing your property investment activities on social media can attract interest from people who may want to invest. Being visible and known in your community and online is key to raising funds.

BEST MOMENTS

"The secret is that most successful investors will use our money and we use other people's money."

"Instead of going to someone with kind of empty hands as if you're begging, how about you go to them coming from a place of opportunity?"

"You need to change the circle of people with whom you are spending most of your time."

"Your net worth is your net worth."

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).

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.