#033 I'm so Excited! If You Want to go Far, Then we go Together

In this episode, David shares his excitement about creating a deal package in coalition with another deal packager. He explains the advantages for everyone in approaching property packaging like this and how trusted packagers working together across different parts of the country can all be successful. KEY TAKEAWAYS Proverb - if you want to go quickly go alone if you want to go far go together If you work together you can go twice as quickly, twice as far. People believe that they won’t be able to find a deal in or around London however they also will say ‘yes’ if asked about whether they believe property deals are done every day in London. In London there is low yield  but great capital growth In the North of England, you can secure deals which will generate 10% gross yield but the capital growth is low. We can all work together as a group of trusted property packagers all earning money by working with preferred partners in different parts of the country. Good solid family properties in good family areas sourced in the North and then in partnership with a property packager working in the South of the country who seeks investment for the package. If you are working in London the quickest way to monetise your packaging operation is to form a coalition with a property packager working in the North who is sourcing great properties. BEST MOMENTS ‘Let me try and help you make money’ ‘By 2030 property prices will be so much higher’ ‘You don’t need property to get into property what you need is a partner’ ‘It’s the easiest way to get cash into your life’ ‘I’m seeing evidence that it's happening now’ ‘Some extraordinary deals are being done’ ‘Most of the money in this country is focused in the South East area’ ‘If there was a common language maybe we could find some synergy’   VALUABLE RESOURCES https://www.facebook.com/groups/progressivepropertycommunity/ https://itunes.apple.com/gb/podcast/property-sourcing-profits-podcast/id1384873667?mt=2 ABOUT THE HOST David is a property expert with over 25 years’ experience and his own portfolio of 26 units. His current rent roll is in excess of £10k per month. He is also a partner in a Deal Sourcing and Packaging business in the North West of England and has sourced over 250 properties for investors since 2004. In recent years he has, by necessity, had to develop an expertise in LHA strategies. This area is increasingly becoming a niche for him, and he enjoys empowering other landlords by sharing the knowledge he has gained. The ultimate purpose when sourcing properties in this sector for investors is to minimise risk while maximising profit. He has had to find answers to the challenges of Tenant Find, Management, ensuring rents are paid and the transition to Universal Credit. These are strategies he uses in his own business and also on behalf of investors. His investor clients regularly achieve annual gross yields of over 20% with high occupancy rates and voids resolved, sometimes within hours. CONTACT METHOD https://www.linkedin.com/in/david-siegler-7b126316/ https://www.facebook.com/DavidSieglerInvestments/