Simon discusses the pitfalls of investing in property hotspots, using Dubai as an example. He emphasises the risks associated with buying in areas experiencing rapid price increases, such as oversupply and lack of positive cash flow. He also shares personal experiences with off-plan property investments and highlights the importance of researching areas with growing populations for better capital growth potential.
KEY TAKEAWAYS
BEST MOMENTS
"I believe if you're holding property long term, don't worry about short term blips up and blips down because we're holding long term."
"I have done it in the past. I have made some money from it. I know a lot of people lose money from it, so you need to be very careful."
"So what I want to do is teach you how you can get better than average capital growth."
"Find areas before they become a hotspot by looking for the areas where you're going to get faster population growth and other areas."
VALUABLE RESOURCES
To attend your first pin meeting as Simon's guest visit http://www.pinmeeting.co.uk/, find your local meeting, and at the bottom of the page where you normally pay £20, click on where is says "pay with a voucher code" and use this code: PODCAST. This will by pass the payment page and you can attend your first pin meeting for free.
Property Magic: How to Buy Property Using Other People's Time, Money and Experience by Simon Zutshi
Find out about the Global PIN Meetings at www.globalpinmeeting.com
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).
Register at Mindset For Property at - www.mindsetforproperty.co.uk
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.
The Fastest Way To Gain Extra Cashflow In Your Property Business
Getting The Most Out Of Your Power Team
The Six Most Frequently Asked Questions About Property Investing
26 Tips To Help You With Your Property Investing
Observe The Masses And Do The Opposite
The Property Investor Catch-22: Part 2
The Property Investor Catch-22: Part 1
Thinking Big With Your Property Investing
How To Keep Ahead Of The Curve With Your Property Investing
5 Steps To Accelerate Your Property Success
The 4 Step Process For Stacking Property Deals
5 Top Tips From Top Performers
The Legal Side Of Purchase Options You Need To Understand
How To Get Rid Of Property You Don't Want
How To Upgrade Where You Live
How To Flip Property Without Buying It
Purchase Option Strategy Explained
The 10 Do's And Don't's Of Buying Property At Auction
How To Actually Use Other People's Money For Your Investments
The BRRRR Strategy Explained
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Reaching your Goals
Insights@work
Business Dad
The Ken Coleman Show
The Cardone Zone