The Power of Community: How Networking Transformed Stephen's Property Journey
Simon welcomes Stephen Blunson, a successful property investor who shares his inspiring journey from military service to achieving over £100,000 in property income. Stephen discusses his early passion for property, the importance of involving his partner in the investment process, and the value of community support through programs like Mastermind.
KEY TAKEAWAYS
Concentrating on a small geographical area, ideally no more than two postcodes, allows for a deeper understanding of the local market, enabling better deal identification and relationship building with local agents and landlords.
Bringing a partner into the property investment journey can provide essential support and motivation, ensuring both parties are aligned and informed about the investment process.
Engaging with a community of like-minded individuals, such as those in a Mastermind program, can provide valuable insights, support, and accountability, which are crucial for success in property investing.
Taking action, such as viewing properties and making offers, is more important than overanalyzing strategies. Many potential investors get stuck in their heads, complicating the process instead of moving forward.
BEST MOMENTS
"I decided to focus on a very specific area... once you become an absolute expert in the area, anything has the potential to become a deal."
"I found that a lot of landlords have this hope and desire that maybe their kids will take over the portfolio, but the kids don't want to know."
"It's the relationships, it's the knowledge, it's the support... just getting a bit of a sense check for other people who may be local to that area as well."
"Every single one of my deals has fallen through and then it's come back. If you persist and persevere, it more than likely will come back."
VALUABLE RESOURCES
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).
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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.
This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/
UK