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Property Magic Podcast

Property Magic Podcast

Simon Zutshi

Welcome to the Property Magic podcast.

In this podcast, Simon Zutshi will deep dive into the property investment strategies and investor mindset from his book, Property Magic. Simon will also share Real Estate Investing hints, tips and tricks, which he normally only shares on his Property Mastermind Mentorship. 

Introducing your Host, Simon Zutshi.  Property investing since 1995, financially independent at the age of 32, Author of Best Seller “Property Magic” and Founder of the property investors network (pin), the original and largest network

Invest with Knowledge, Invest with skill

Contact and follow Simon here:

Facebook: http://www.facebook.com/OfficialSimonZutshi

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

YouTube: https://www.youtube.com/SimonZutshiOfficial

Twitter: https://twitter.com/simonzutshi

Instagram: https://www.instagram.com/simonzutshi/

269 - How Much Do You Need To Invest?
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  • 269 - How Much Do You Need To Invest?

    Simon addresses a common question among aspiring property investors: how much money is needed to start investing in property?

    Simon highlights that the required investment can vary significantly, from those starting with no money to those with substantial funds.He also examines the importance of resourcefulness over cash, exploring various funding strategies such as releasing equity from existing properties, utilising business profits, and leveraging pensions. 

    KEY TAKEAWAYS

    The amount of money needed to invest in property varies widely. Some individuals start with no money, while others may have substantial funds but still feel it's not enough. It's essential to understand that resourcefulness can often be more critical than having a large sum of money. There are multiple ways to fund property investments, including releasing equity from existing properties, using retained profits from a business, leveraging pensions (like a SAS), and utilising other people's money. Building relationships with those who have capital can create win-win situations. Strategies such as deal sourcing, rent-to-rent, and purchase lease options can be effective for those starting with little or no money. These methods allow individuals to generate income and build credibility without needing significant upfront capital. Investing in personal development and education is crucial for becoming a successful property investor. Paid training programs often provide structured learning and access to networks of potential investors, which can accelerate the journey to achieving financial goals.

    BEST MOMENTS

    "A lack of money is not a lack of resource, but actually a lack of resourcefulness."

    "When you invest in yourself, when you back yourself, you become more investable."

    "You make the money buying, not managing."

    "If you have £10,000, you could get a good number of options... enough to maybe replace your income."

    "Every month you don't have £10,000 coming in, it's an opportunity cost."

    VALUABLE RESOURCES

    To book a strategy call with one of Simon's team visit: http://www.GrowthCall.co.uk

    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.

    Tue, 19 Nov 2024
  • 268 - Should You Buy Or Wait?

    Simon discusses the current state of the UK property market and whether now is the right time to buy or wait. With recent budget announcements from the Labour government, including changes to capital gains tax and an increase in stamp duty for second homes, Simon highlights the implications for both buyers and sellers. 

    KEY TAKEAWAYS

    The UK property market is currently a buyer's market, with more sellers than buyers, making it an advantageous time for potential buyers to negotiate deals. Recent budget announcements did not increase capital gains tax rates, which may encourage more sellers to enter the market. However, the increase in additional stamp duty from 3% to 5% for second homes and investment properties could deter some buyers. The Bank of England has reduced the base rate to 4.75%, and if inflation remains low, further rate cuts may occur. This could influence buyers' decisions, but waiting for lower rates might lead to increased competition in the market. Now is an opportune time to look for properties, as many sellers are motivated to finalise sales before the end of the year. Buyers can take advantage of this by securing deals quickly, even if the completion occurs in the following year.

    BEST MOMENTS

    "Now, I think a lot of buyers might think, you know what, now might be a good time to sell my property."

    "Now is a great time for you to be looking for properties, not only because there's not much competition, but also because the sellers psychologically want to get a sale agreed."

    "If you wait until rates have come down... there'll be more competition for the great deals."

    "It's a great way of making cash flow on properties you don't actually own using purchase lease options and locking in a price."

    "While other people are reeling from the shock of having to pay 5% stamp duty, now is a great opportunity for you to get out there and find some really good deals."

    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.

    Tue, 12 Nov 2024
  • 267 - Post Budget Investing

    Simon examines the recent Labour government budget, marking the first in 14 years, and its implications for property investors. He highlights unexpected decisions regarding capital gains tax and stamp duty, revealing how these changes could influence the property market.

    Simon also looks at the potential for increased rental rates due to a decrease in available rental properties as landlords exit the market. Additionally, the episode explores the concept of purchase lease options as a strategic investment approach, allowing investors to control properties without immediate purchase, thus capitalising on market opportunities. 

    KEY TAKEAWAYS

    The Labour government did not increase capital gains tax rates for residential property, contrary to expectations. Instead, they aligned the rates for other assets with residential property rates, which could lead to increased revenue from non-residential assets. With a potential decrease in the number of rental properties available due to landlords exiting the market, there may be a rise in rental rates. Increased minimum wage could also enable tenants to afford higher rents, despite concerns about unemployment. The unexpected increase in stamp duty to 5% for property investors may initially deter some buyers, but it presents an opportunity for those willing to adapt. Investors can negotiate harder and find good deals as competition decreases. Utilising purchase lease options allows investors to control properties without immediate purchase, avoiding the 5% stamp duty and enabling profit generation through rental income. This strategy can be particularly beneficial in the current market conditions. The current economic climate, including potential decreases in mortgage rates and the ongoing supply-demand imbalance in the housing market, presents significant opportunities for property investors willing to take action, especially in the last months of the year.

    BEST MOMENTS

    "I was wrong about capital gains tax... the Labour government have not changed the capital gains tax rates for residential property."

    "What this means is there's probably going to be a fall in the amount of rental property available, which is going to cause a bit more of a shortage."

    "There will be a bit of time where people think, 'Oh, I'm not sure if I really want to invest in property,' but eventually, that's going to happen."

    "We can help them earn more money than they would if they sold and put the money in the bank."

    VALUABLE RESOURCES

    To join Simon on his Emergency Budget Webinar to find out more about how you can use Purchase lease options to control property and not have to pay 5% stamp duty, register here. https://bit.ly/EWBGCF

    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.

    Tue, 05 Nov 2024
  • 266 - How To Do More Property Deals

    Simon shares valuable insights on how to secure more profitable property deals by working effectively with motivated sellers. Emphasising the importance of speed and certainty, he explains how to identify motivated sellers and address their needs through thoughtful questioning and clear communication. 

    KEY TAKEAWAYS

    To successfully close deals, it's crucial to work with motivated sellers who prioritise speed and certainty over price. Identifying their needs and providing solutions can lead to more flexible negotiations. Asking insightful questions and actively listening to sellers helps uncover their true issues. Building confidence and certainty in your ability to complete the deal is essential for keeping sellers engaged. Having a solid team in place, including a solicitor and mortgage broker, is vital. Initiating processes like searches and securing a mortgage decision in principle early can significantly reduce the time it takes to finalise a deal. Investors should have their deposit money ready before finding a deal. This can involve refinancing existing properties or securing private investors in advance to avoid last-minute stress and potential loss of opportunities. When seeking funds from private investors, it's important to establish trust. Many potential investors may not require detailed deal information if they believe in your expertise and track record, making it easier to secure funding.

    BEST MOMENTS

    "If you can find these motivated sellers and give them the speed and certainty they need, they'll be very flexible on the price and or the terms of the sale."

    "We're never going to say to someone, yes, I'm going to buy your property, unless we actually are going to buy it. We're not going to give people false hope."

    "A purchase option gives you the right to buy but not the obligation to. You don't have to buy if you don't want to."

    "You want to give the speed and certainty to the seller and get deals done quickly."

    VALUABLE RESOURCES

    If you want to learn more about how to use other people's money to invest in property, register for this online training with simon:https://property.isrefer.com/go/MTG/PodcastA/

    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 £25).

    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.

    Tue, 29 Oct 2024
  • 265 - Why Would Someone Lend You Money?

    Simon looks into the common concern many aspiring property investors face: why would someone lend them money?

    Simon explains that successful investors often rely on other people's money after exhausting their own resources, and encourages you to rethink your approach to asking for funds, suggesting you position yourself as offering an opportunity for profit rather than begging

    KEY TAKEAWAYS

    Many successful property investors eventually run out of their own cash and must rely on other people's money. This can include traditional financing methods like mortgages, credit cards, or overdrafts, which are all forms of using someone else's funds. Instead of approaching potential lenders with a mindset of begging for money, consider positioning the conversation as an opportunity to share profits. This shift in perspective can make the interaction feel more positive and collaborative. Avoid making assumptions about who has money or who would be willing to lend it. People may have financial resources that you are unaware of, and it’s important to communicate your investment opportunities to those in your network. When seeking loans, it’s crucial to establish trust with potential lenders. They are more likely to lend money if they believe in your ability to generate returns and repay the loan. Educating yourself about property investing can enhance your credibility.

    BEST MOMENTS

    "I want to change the way you look at this. I want to change your belief because the reality is most successful investors... generally run out of their own cash and they have to use other people's money."

    "Imagine you're going to people and saying, who do you know who might want to share some of my profit? That is a totally different positioning."

    "If you don't tell them about your property investing... you're stealing the opportunity of them making money because you're not even telling them about the opportunity."

    "When someone lends you money, they're lending it to you because they like you and they trust you and they believe you that you're going to give them a great return."

    "When you learn how to find good deals, you don't need to use your own money. There are plenty of other people out there who will fund those deals for you."

    VALUABLE RESOURCES

    If you want to learn more about how to use other people's money to invest in property, register for this online training with simon:

    https://property.isrefer.com/go/MTG/PodcastA/

    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.

    Mon, 21 Oct 2024
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