Simon explains the concept of relationship capital, and talks about not only why it's so important to your investing journey, but how you can make sure you are constantly building it. KEY TAKEAWAYS Property investing is all about building relationships - from sellers and agents, to your power team and your buyers and renters. Relationship capital is all about people coming to know you, coming to trust you, coming to like you, and eager to do things to help you. Always look for ways to connect wi...
Jan 18, 2022•23 min•Ep. 120
In this episode, Simon shares the ways in which you can gain a competitive advantage in your local property market, how your mind-set can impact the way you think about the constantly shifting trends in property, and how it can often be used to your benefit. KEY TAKEAWAYS Whether the market itself is coming down or going up, advantages can be had by wise investors, who can see the potential benefits of both scenarios. Your jumping off point with property is always a matter of mind-set. By crysta...
Jan 11, 2022•15 min•Ep. 119
It's the new year, and with the challenges of 2021 behind us, it's time to look forward to the opportunities of 2022. Simon talks about the ways in which you can make the most of the year ahead, and accelerate your property investing journey from the get go! KEY TAKEAWAYS Work out what you want to achieve in 2022. Be very clear and very specific. You can't take a journey if you don't have a destination. Think about why you want a particular goal. What will it do for you and your family? Each goa...
Jan 04, 2022•12 min•Ep. 118
In the second part of Simon's discussion, the focus switches to the ways in which you can offer more for a property as a buyer, while still paying less in the long run, thereby allowing you to close deals and provide a win-win situation for all concerned. KEY TAKEAWAYS Being able to offer more than your competitors gives you a massive advantage when it comes to closing deals and bolstering your portfolio. A purchase lease option allows you to use the money being generated by the property itself,...
Dec 28, 2021•11 min•Ep. 117
For anyone who has property you wish to sell, then Simon is here to tell you how to maximise the price that you can get. But also, if you're buying a property, this week's show will help you to better understand sellers and how to close those deals with no extra cost. KEY TAKEAWAYS There are two fundamental groups of people when it comes to selling property - those who are selling because they need the money for something else, and those who simply don't want the property any more. At the moment...
Dec 21, 2021•13 min•Ep. 116
If you run out of money, then there's not always a need to stop investing. As Simon explains in this week's show, you can use other people's money in order to take advantage of the best property deals. It's just a case of knowing where to find them, and as Simon explains, they might be closer than you think. KEY TAKEAWAYS Always make sure that everyone know what you do as a property investor, with a focus on informing everyone that you help investors to get a great return on their money. In orde...
Dec 14, 2021•15 min•Ep. 115
In this week's show, Simon talks about a concept called "Add Value Before Purchase", and explains how it can not only save you money when it comes to buying a property, but also ensure that you get a better return on your investment. KEY TAKEAWAYS Adding value before you buy a property is done through identifying an opportunity and securing it with a purchase option. Cash-only deals signify that the property may be un-mortgageable for various reasons. This generally means that the property will ...
Dec 07, 2021•16 min•Ep. 114
In this episode, Simon shares the ways in which you can secure your next property deal in just four weeks - a crucial set of strategies for anyone looking to snap up the best deals in the shortest possible amount of time. KEY TAKEAWAYS December is the time of year when many slow down and look to spend time with family and friends. But while most are relaxing, it's a great time for you to accelerate. Estate agents are due to be less busy, so it's a great time to build relationships. Sellers also ...
Nov 30, 2021•13 min•Ep. 113
When it comes to your property investing goals, it's always wise to formulate your own magic number. In this episode, Simon explains the concept and tells you how you too can arrive at your own magic number, as well as the different levels of financial freedom you should aim for. KEY TAKEAWAYS Your magic number should comprise the passive income amount you need to make each month in order to replace the money you currently earn. There are three levels of financial freedom: Financial independence...
Nov 23, 2021•15 min•Ep. 112
Property investing can be a very lonely journey, which is why we often find ourselves in need of support. In this week's show, Simon talks about why it's crucial for you to gain the support of your partner when you begin your investing journey, and the ways in which we can do so. KEY TAKEAWAYS Share your vision with your partner. Explain why you are investing in the first place, and tell them what you are trying to achieve. Short term sacrifices now could provide long term benefit for you and yo...
Nov 16, 2021•12 min•Ep. 111
Simon shares a powerful concept, SOI (Speed Of Implementation) - a concept that will make you a far more successful investor if you fully embrace it. KEY TAKEAWAYS When you learn something, you should implement it immediately. This is the concept behind SOI. Many get distracted and fail to take the necessary action. Unsuccessful people fail to commit and spend far too long making decisions. When they do commit, they often change their minds. In property you need to be decisive. Deals and opportu...
Nov 09, 2021•13 min•Ep. 110
This week, Simon shares the ways in which you could win a fully paid scholarship to his incredible virtual Property Mastermind Programme. It's a life-changing prize that could accelerate your property investing journey and move you towards financial freedom. KEY TAKEAWAYS A virtual event such as this allows you to not only connect with local investors, but a whole international network. The power of a mastermind is that you are not taking the property journey alone. You have a group of like-mind...
Nov 02, 2021•15 min•Ep. 109
This week, Simon shares the seven steps that will help you swiftly stack a property deal, including property valuing, why interest-only mortgages are better, and the formulas you need to see if the numbers work for you. KEY TAKEAWAYS Far too many people spend far too long agonising over whether a deal stacks or not. If they stick to the simple formula, they'll be able to turn deals around very quickly indeed. Based on a purchase price, we need to look at how much of a mortgage advance we can get...
Oct 25, 2021•17 min•Ep. 108
Finding great property deals is the cornerstone of any property investor's journey. As Simon explains in this week's show, nurturing and developing this skill is the most important tool you can have in your investing toolkit. KEY TAKEAWAYS Deal sourcers can find deals for you, and charge somewhere around £3000 to £5000 per deal, depending on the size and scale. When you become good at finding deals yourself, you'll find that there are more than you can possibly take on single-handedly. Selling d...
Oct 18, 2021•14 min•Ep. 107
This week, Simon shares some very specialist information that if applicable to you, could result in your receiving a huge payment back from HMRC. KEY TAKEAWAYS Tactics and strategies that you know can make you money, but the strategies you don't yet know are losing you money. Always arm yourself with the best knowledge available. If you have HMOs, holiday lets, serviced accommodation or any type of commercial property, then you could well receive money back from the taxman. If your property qual...
Oct 11, 2021•13 min•Ep. 106
Simon discusses serviced accommodation, explaining how to get the most out of this incredible strategy, and make it work for you! KEY TAKEAWAYS Since the lockdown ended in the UK, many have taken the opportunity to holiday at home and see the delights we have to offer here, rather than going abroad. This has meant a sharp rise in popularity when it comes to serviced accommodation - a trend that is expected to continue. Serviced accommodation can be run along with a VA to handle bookings and admi...
Oct 04, 2021•15 min•Ep. 105
This week, Simon explores the investor mindset vs homeowner thinking, and why it is so crucial to differentiate between the two if you are planning to build a successful property investing journey. KEY TAKEAWAYS Financial education is something we have to gain for ourselves, when in reality, it should be a part of the education system. Homeowners often believe that we can only have one mortgage at a time. They also believe that mortgages are based on income. Investment mortgages are based on dif...
Sep 27, 2021•16 min•Ep. 104
In this week's episode, Simon talks to you about the rent-to-rent strategy, and shares a step-by-step process that you can use in order to find more opportunities today! KEY TAKEAWAYS Rent-to-rent can generate cash in a mere couple of weeks, doesn't require much capital up front, and also a great way to test out new strategies that may work for you. Rent-to-rent is not sub-letting (the practice of renting a property and then re-renting it). This is a structured agreement in which you can issue l...
Sep 20, 2021•13 min•Ep. 103
This week, Simon discusses that all-important factor in your property investing journey - the power team that enables you to often take the best advantage of prospective deals, and how you can get the best out of them. KEY TAKEAWAYS The best kinds of people to include in your power team are those involved in property investment themselves, which will give them a greater understanding of what you are trying to achieve. When choosing a mortgage broker, make sure to ask which area they specialise i...
Sep 13, 2021•12 min•Ep. 102
In this week's show, Simon gives you the invaluable answers to the six most frequently asked questions about property investing - arming you with the knowledge you need to succeed! KEY TAKEAWAYS When looking for areas in which to invest, make sure to look for places where the population is increasing faster than other areas. Traditional property investing means that you'll be able to get a 75% mortgage on a property. This means you'll need to find the other 25% yourself, plus costs and fees, nor...
Sep 06, 2021•15 min•Ep. 101
It's a very special milestone this week as Simon presents his 100th episode of the Property Magic podcast! In this show, Simon will share with you his 26 top tips to improving your property investing journey, as well your life in general. KEY TAKEAWAYS Make sure you value your time. Time is your most valuable asset. We can always make more money, but we can't conjure up more time. Treasure it. Investing in ourselves is the most valuable investment we can make. We cannot hope to grow and find suc...
Aug 30, 2021•17 min•Ep. 100
Most property investors simply look around, copy the strategies being used by everyone else, and then wonder why they can't find great property deals. As Simon explains in this week's show, it might be time to change the way we approach our own property investment plans... KEY TAKEAWAYS Look for sellers, not for property. Most sellers are not motivated. They have a single property and are looking to maximise their profit. We need to look for the smaller subset of sellers who are open to deals. N...
Aug 23, 2021•13 min•Ep. 99
In the second part of this special conversation, Simon discusses the "Property Investor Catch-22" situation, with a particular focus upon the five different principles of creative finance. KEY TAKEAWAYS If a deal is good enough, then there will always be at least one of the five principles of creative finance, that can be applied to the situation in order to see it through. Joint venture with a cash investor is a common strategy. Many confuse this is as some 50/50 investment split, but your find...
Aug 16, 2021•17 min•Ep. 98
In this week's show, Simon explains the "Property Investor Catch-22" situation, and how you can make sure you are able to pull yourself out of it... KEY TAKEAWAYS If you invest in property in the traditional way, at some point everyone runs out of their own money, and so they stop investing. If we find great deals, there are ways of funding these deals without using any of your own money. It's case of adjusting our mind-set. If you are not putting money into the deal, then you must be putting so...
Aug 09, 2021•12 min•Ep. 97
This week, Simon expands upon the ways in which we can accelerate our property success, by thinking big when it comes to the ways in which we invest, and how a goal without a plan is merely a dream waiting to happen. KEY TAKEAWAYS Thinking small is dangerous. Never in history has any great achievement occurred as a result of thinking small. Stop thinking about your own personal resources. You need to think far bigger. The most invaluable resource you have is your own mind. There is plenty of mon...
Aug 02, 2021•15 min•Ep. 96
In this week's show, Simon talks you through the ways in which you can keep ahead of the curve in your property investing journey, and how you can achieve and maintain a competitive advantage. KEY TAKEAWAYS Keeping up to date with conditions in the property market is essential in order to allow you to keep a competitive advantage, and also to allow you to better decide upon given strategies at given times. Legislation and regulations, both national and local, are an essential area of knowledge t...
Jul 26, 2021•13 min•Ep. 95
This week, Simon shares with you the five steps you can use to accelerate your property success, including the importance of specialist knowledge, and how your network can keep your mind-set and self-development fresh. KEY TAKEAWAYS To be successful in investing in property, you will need specialist knowledge. It will give you a competitive advantage and the ability to spot deals that others might miss. Once you find a deal, you need to have all your funding ready to go. You need to able to move...
Jul 19, 2021•15 min•Ep. 94
In this week's show, Simon talks you through his four-step process for stacking property deals, and how by following this you can greatly energise your property investing plans. KEY TAKEAWAYS Only buy in an area with strong rental demand, and accurately assess whether or not it's a viable property in terms of rental income, and how much you can hope to gain from it. Work out how much money you'll need in order to acquire the property. Remember that you don't always have to put money down, and ca...
Jul 12, 2021•19 min•Ep. 93
In this very special episode, Simon shares the top five tips collected from the top five performers on his Property Magic mastermind course - the techniques and strategies that others have adopted and utilised in order to power their way to investment success! KEY TAKEAWAYS Ensure that you follow the process exactly. When you have a formula, stick to the plan and follow the guidance all the way through. Follow up! Always make sure you come back after any offer to see what's happening. This shows...
Jul 05, 2021•14 min•Ep. 92
In the final part of his five-part series on Purchase Options and Purchase Lease Options, Simon discusses how to secure option contracts in the correct way, the big mistake most amateurs make with PLOs, and how to ensure your agreements are not challenged. KEY TAKEAWAYS Most investors make the mistake of thinking that option agreements are "cut and paste", when in fact they should always have fresh contracts drawn up by solicitors as every deal is different. Many solicitors DO NOT UNDERSTAND pur...
Jun 28, 2021•15 min•Ep. 91
