5 ways to Maximise your ROI

ROI (Return On Investment) is a formula designed to help you ensure that you’re using your money in the wisest way possible, yet many investors don’t know about it.   In this week’s show, Simon talks you through the formula itself, as well as five ways in which you can make sure you’re maximising your moneymaking potential.   KEY TAKEAWAYS   The key to maximising your ROI is to either increase the profit you’re making, or by minimising the money you put in or leave in the deal. Look at the rental incomes you have, and negotiate regularly in order to maximise the money coming in. If they are good tenants, remember to reflect this. You can increase the income from your HMO portfolio by simply making sure that your properties are of a higher standard than others. People will pay more for quality. Vendor finance is a creative financing method that can be difficult to achieve these days, but there are bridging companies who will understand and help if there is enough equity.   BEST MOMENTS   ‘Working out ROI enables you to compare one investment with a different one’ ’Management is another cost where maybe you can make some savings' ‘As long as there’s enough equity there, they’re happy if you don’t put the money in’   VALUABLE RESOURCES   To find out more about The Property Magic Challenge visit www.propertymagicchallenge.co.uk    Property Magic: How to Buy Property Using Other People's Time, Money and Experience by Simon Zutshi   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). iphone:  http://bit.ly/pinAPP1 Android https://bit.ly/pinAPP2   Register at Mindset For Property at - www.mindsetforproperty.co.uk    ABOUT THE HOST   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 2003www.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.   CONTACT METHOD   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/