Shaz goes through the most common mistakes people make when they are starting out in property and shares great tips on how to avoid them.
From rushing into the first deal after you have secured your funding through to why everyone will make mistakes and how this is an opportunity to learn and be better moving forward this is a great checklist to use for anyone in property.
KEY TAKEAWAYS
Don’t rush into any deal, make sure you have done your due diligence and it’s the right deal for you.
Decide on your non-negotiables, set criteria and stick to what you have decided.
You need to always research a deal so you know exactly how it fits the demographic you are looking at
Sometimes a good deal comes along but you miss out, remember moving forward to not compare all future deals with the one you missed out on
Have your criteria and make sure the deal works for you
Everyone moving into property will make mistakes and any mistake is an opportunity to learn
People learn more from the mistakes than the successes
Always ask yourself ‘what can I do better next time’
BEST MOMENTS
‘People have money burning a hole in their pocket but no one should rush into a deal’
‘If you miss out on a deal another will come along, there is always going to be plenty more’
‘Don’t worry about the market, worry about if the deal works for you’
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:
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