In the first episodes of the Property Proficiency Workshop Series Shaz looked at the right business structure and how to benefit from the tax possibilities available in property.
In this episode, he looks more closely at how to find deals and business partners and effectively use other people’s money to build your property portfolio quickly
If you want to build a strong portfolio that works for you creating financial freedom then listening to this series is a must.
KEY TAKEAWAYS
Agents want to sell deals and If you build a positive relationship and follow through with deals you build trust and more deals will come your way
You need to have multiple strategies to find deals
Create a list of properties you are interested in a use direct mail to get in contact with potential sellers.
Go to property network events and talk to people about what you do.
Find people who have the money but not the expertise or knowledge
When you network people are sizing you up so make sure you can talk through your previous deals
When an investor first invests they will invest a small amount to see how professional you are so a good first deal can lead to many more deals in the future
You can build your own network of potential investors through social media
Family and friends can be a good source for investors
Using other people’s money can mean you can grow your property portfolio really quickly
In business, you are never alone and there are always people who will share their knowledge and expertise
If you bring everything together you can create financial freedom for you and your family
BEST MOMENTS
‘I’m a big advocate of deal sourcers’
‘You can create financial freedom for you and your family’
‘Networking and building relationships is key’
VALUABLE RESOURCES
shaz@aaa-accountants.co.uk
ABOUT THE HOST
Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.
Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultation he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.
He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.
You can find Shaz on:
Facebook
YouTube.
