Property Sourcing Profits - podcast cover

Property Sourcing Profits

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.
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Episodes

#24 The Next 4 Weeks Can Change Your Life

The next four weeks could change your life. The truth about December is that everything stops and things slow down. Solicitors shut down, Estate Agents aren't doing viewings, it’s the time of the year that you can really leverage to build your business, build relationships and discover your local goldmine area. In today’s episode, David shares with you why this time of year is crucial to your success in property and packaging deals. He explains how to use the December slump to your advantage and...

Dec 10, 201824 minEp. 24

#23 The 12 Days of Christmas - How to Make a Rocket-Fuelled Start to 2019

In today’s episode of Property Sourcing Profits, David discusses two types of people, two types of friends who want to get into the world of deal packaging and the 12 tasks you need to do, to get your deal packaging business up and running. Hop on to this episode to learn and find out more. KEY TAKEAWAYS The two types of people, two types of friends who want to get into the world of deal packaging. Welcome on new people to deal-packaging. Those haven't started yet who maybe got plans in 2019 to ...

Dec 03, 201826 minEp. 23

#22 Making The Low Ball Offer Without Feeling Embarrassed. I Will Show You How

In today’s episode of Property Sourcing Profits, David discusses making the lowball offer to secure your deals. How do you make a low ball offer without ruining the relationship you have with the estate agent? David gives you a helpful script that he uses in this type of situation.KEY TAKEAWAYS• Lowball Offer. This is a very powerful strategy. You need it in your criteria. How do you summon up the nerve to make a really low ball offer? What is the right number? What is the number that you can pu...

Nov 19, 201825 minEp. 22

#21 The B Word - Brexit - What does it mean to Investors and how we can use it to our advantage

In today’s episode, David dares to share his views on the B word. BREXIT. What it means for property investors and how you can use it to your advantage. Discover the reasons behind the property markets booms and busts. The trigger point of downturns and the circumstances of property rises. Tune in today to hear the lessons David has learned through his decades of experience investing in property, in a variety of economic climates. KEY TAKEAWAYS In 1974 was a property crash. House prices were boo...

Nov 12, 201829 minEp. 21

#20 What we do is NOT difficult - don't give up in 6 weeks

Welcome back to the Property Sourcing Profits Podcast. In this episode, David shares with you the lessons learnt from a coaching call with one of his deal packaging mentees. Discover the simple things we need to be doing to achieve success in property and how you too can start your own property sourcing business, just by building good relationships with the people around you. Deal packaging is a people business. You need to form relationships with estate agents, solicitors, mentors and other pro...

Nov 05, 201824 minEp. 20

#19 First Steps - How to Get Started - A Real Life Case Study

Welcome back to the Property Sourcing Profits Podcast. In today’s episode, David shows you how to get started in property, begin sourcing deals, selling deals and getting paid. David goes on share a real life case study of an up and coming deal packager, out there looking at deals. Discover what you need to do to get started and the returns you need to target in order to begin making a career out of property sourcing. If you’re looking to secure property sourcing profits and learn how to calcula...

Oct 25, 201825 minEp. 19

#18 Killing the Procrastination Monster

Welcome to another edition of the Property Sourcing Profits Podcast. Today, David shares with you a personal experience about procrastination and how you too, can avoid the procrastination monster and get yourself out there and start getting deals. What stops us succeeding isn't always our lack of knowledge or lack of resources. It's the fact we simply don't do it enough, we procrastinate and we let the procrastination monster win by giving us the excuses that hold us back from succeeding. If yo...

Oct 21, 201822 min

#17 Brand Building Through Facebook

In today's episode, David discusses how to build your brand through Facebook. Why Facebook? Facebook is where he got all of his property deals and you can too! Facebook is a very powerful tool. Brand building is the key to your success in property and in packaging deals. Marketing is what we are. You are a marketer. And if you are going to have a good property business, you need to tell people what you do and how you do it. A few people dedicate enough time to marketing but people, property inve...

Oct 14, 201840 min

#16 The Flip to Auction Win-Win Situation

In today’s episode, David discusses how you too, can be in a win-win situation, when buying houses at auction. Being very experienced in the property industry and in auction houses, David shares us his secrets to success and what you need to know before an auction? Find out, what to look into when buying in an auction? And what do you do when you talk to an auctioneer? There are a lot of things to know to master the art of buying and selling at auction and in today’s episode, David shows you exa...

Sep 30, 201832 min

#15 Buying at Auction

In today’s episode, David discusses buying property, sourcing property, and property auctions. Wouldn’t it be great to know all the pitfalls and problems that come with buying property at auctions? Most people will commit the classic school-boy errors. But how do we avoid them? How do we keep our investment safe? You definitely have to factor in a lot of things. But no worries, David discusses them all in today’s episode of the Property Sourcing Profits Podcast. Stay tuned. KEY TAKEAWAYS Pre-auc...

Sep 23, 201827 min

#14 Interview With Fraser Mcdonald

In today’s episode, your host David Siegler interviews experienced property investor and business owner Fraser Macdonald. As a Deal Packager, Fraser has sourced and sold over 400 deals for investors with a combined value of over £28 million. Fraser shares his experiences from over 20 years of professional property investing and explains how his deals have gone from £32,000 to £180,000,000. Discover the secrets to becoming a successful property sourcer and how you too, can surround yourself with ...

Sep 16, 201834 min

#13 Interview with Co-founder of Aspire Properties, Dan Buchan

Coming to you live from the Book Writing Bootcamp in Mallorca, your host David Siegler interviews established speaker, trainer and mentor and Co-founder of Aspire Properties Dan Buchan. Dan and his business partner Jamie Yorke have packaged over 1000 deals and now also focus on, No Monday Down strategies with Progressive Property. In today’s episode, David and Dan discuss how to attract the right investors, where to find them and why credibility is essential to seal the deal. Firstly, understand...

Sep 09, 201840 min

#12 Costing Your Refurbishment

Welcome to another episode of the Property Sourcing Profits podcast. In today’s episode, David responds to popular demand and brings you the skills and knowledge you’ll need to know when costing up your refurbishment. Hear the tips, tricks and vital information, you need in order to serve your investors better. Learn how to simply calculate costs, compartmentalise a property room by room and be prepared when it comes to sourcing deals. If you are new to property sourcing and need to know how to ...

Aug 26, 201823 min

#11 Losing Control

Welcome to another episode of the Property Sourcing Profits podcast. In today’s episode, David leverages a live stream to bring you some essential information on ‘Losing Control’ Understand that as deal packagers we can be fragile when things break down when deals don’t materialise. You have to close your deals in advance and avoid them dropping out or falling through. Don’t get demoralised, you need to take control. Invest time with your investors and show them your commitment. David urges you ...

Aug 19, 201814 min

#010 - What Are the Biggest Mistakes that New Deal Packagers Make

Welcome to another episode of the Property Sourcing Profits podcast. In today’s episode, your host David dives into the biggest mistakes new deal packagers make. Get inspired and listen to David's tips to success, learn how to become a professional property sourcer and discover the mistakes to avoid in order to start, grow and scale your property business. David urges you not to give up and to keep on viewing properties to secure that deal that will get you started. As you gain experience and a ...

Aug 12, 201829 min

#09 - Key to Sourcing Properties from Estate Agents

If I see something in an estate agency and I think it’s gonna enhance my investor’s life, how do I secure it? How do I get it off the market? How do I make it work? Estate agents are a big piece in the industry. So, today, David will share with you how he does it. He touches on topics like finding the money first, securing an investors list, why having a coffee with your prospects is better than scouting online, and many more! Be sure to tune in to be more confident when you're facing your inves...

Aug 05, 201824 min

#08 - When is an Investor an Investor?

Finding your investor is quite critical. Investors showing interest is just the tip of it. There are things you have to assure in order for you to make money and not waste time when dealing with investors. On today’s episode, David shares with us an experience of one of his friends, Karen, on how she found investors and built their relationships with them. You’ll also learn how to value yourself and your business, and how to be reasonable in pricing. There are a lot of stuff you’ll learn from he...

Jul 29, 201823 min

#07 - 3 Ways to Finally Get Started in Deal Packaging

Why don’t you start now? You’ve invested time and effort in training and building your knowledge but haven’t moved the littlest to start your journey. On today’s episode, David shares with us why people are still procrastinating, what’s stopping them, and why are they still not doing the first step. There are three things to work on to help you get on your feet: having clarity & commitment and dealing with fear. Just by observing the people around him, David quickly deciphered what separates...

Jul 22, 201821 min

#04 - 9 Killer Property Sourcing Strategies

An in-depth look at these Deal Packaging strategies. Discover what they are and how to use them to generate a high cashflow. KEY TAKEAWAYS UNQUALIFIED LEADS Unqualified leads, I need to make this very clear, are not leads and not deals. These leads are in response to your marketing. If you know someone is selling a deal, but you don't have a contact yet or a proper way to get in touch with the vendor, you will still be able to find your investor out there. There are investors that buy these deal...

Jun 20, 201833 min

#01 - 3 Vital Ingredients For Your Deal Packaging Success

David Siegler explains what just what exactly Deal Packaging is and how it can generate cashflow, build your property portfolio and create your legacy! He gives an impression of the power of this property strategy, how it overarches every other strategy and how you can find your own niche. Having packaged more than 250 deals himself, he's is hoping to impart some of that knowledge and advice to help you with you advance your careers and enterprises. KEY TAKEAWAYS I source deals and sell them to ...

Jun 20, 201820 min

#03 - The Money is in the Follow Up! David’s Best practises for Finding & Securing Investment

Investors – David shares where you can find them, where you can work with them and how you can make sure that they want to continue working with you. KEY TAKEAWAYS In deal packaging you need money and deals to build your business. If you are new to this industry, look for the money first, look for an investor and afterwards you will be able to get the deals. Attend the property network events to build your network database. You have to attend those events and keep on going, become a regular in t...

Jun 20, 201829 min

#05 - 11 Places to Find Deals to Offer to Your Investors

Learn what to look for, where to visit, who to speak to and what techniques to use in order to hunt out the lowest and most profitable deals for you and your business partners. KEY TAKEAWAYS Estate agents and letting agents. Estate agents are a wonderful resource. You have to use them somewhere along the line to find your deals. It's all about the relationship you build with them. Most importantly, be completely transparent. Script for entering letting agents: "I am acting for investors who want...

Jun 20, 201830 min

#06 - Deal Packaging in London & the South-East, does it Really Work?

If you’re just starting out, if you are building your property business today, if you Package Deals today, if you want to source and sell deals today, don't think to go up North, go to London! In and around London, in and around airports, that's where you need to be. KEY TAKEAWAYS “David, Deal Packaging does it really work? Can I package deals in the South-East of England? Can I package deals in and around London? I don't think it works, I can't make the arithmetic work, I don't think it’s going...

Jun 20, 201821 min

#02 - Earn Money Selling Deals That You Don't Want to Buy For Yourself!

In this episode, David Siegler shares why Deal Packaging is one of the fastest, most lucrative and hands-free property strategies around today, regardless of your credit rating and funds. KEY TAKEAWAYS If you are going to Package Deals, make sure you do the job properly and professionally, serving your investor. That way you will get repeat business and recommendations from them, allowing you to build up your portfolio. Deal packaging is one of the fastest ways of generating cashflow in England....

Jun 20, 201822 min
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