The Property Investor Catch-22: Part 2
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 finding of the deal is sufficient as your part of the bargain. A private loan can work better for you in some circumstances, as the lender gets a fixed return instead of a share in future profits. Joint ventures can be carried out with the owner of the property. This means there is no stamp duty to pay, and you work together to improve the value of the property. When it is then re-sold, you take a share in the value's increase. BEST MOMENTS 'You don't need to use any of your own money to invest' 'When you know how to find great property deals, then you don't need to use your own money' 'You need to use the correct tool at the right time to make creative finance work' 'We must look at this as an opportunity that we're giving to other people' VALUABLE RESOURCES To learn more about creative finance watch the online video training by Simon Zutshi for free by registering here: www.CreativeFinanceTraining.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 2003 www.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/