Your Property Business Going Forward

This is the time for opportunities and if you want to put in place the foundations for a great property business moving forward you need to find the right lenders and in this episode, David explains exactly what you should be doing to build the right finance power team. The property millionaires of 2025/2026 will be created in the next two years and if you work with the right lenders and investors you can build a property business now that will take be able to advantage of all the opportunities going forward.   KEY TAKEAWAYS Property prices are high because currently, stock isn’t available. There is an accidental savings surplus of200 billion because people couldn’t do anything or go anywhere. The most important thing is to work with people who can get the money. You can have the best deal in the world but if you don’t have the money in-place you can’t complete it. The finance power team is key. Build your team and make those connections now. You need to work with investors who have a clean credit history. Make sure investors have a track record in the strategy you are presenting. Work with people who know how to structure a deal going forward. There should be equity left in a deal after the lending.   BEST MOMENTS ‘People who buy in 2021/2022 will be the property millionaires of 2025/2026’ ‘One of the hot strategies at the moment is the high street’ ‘There’s a lot of cash available to go into the economy’   VALUABLE RESOURCES  Property Sourcing Profits Podcast https://www.progressiveproperty.co.uk/ https://unlimited-success.co.uk/ https://www.facebook.com/groups/progressivepropertycommunity/ Property Investors podcast   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/