Facebook Communities & The Power of Pipelining
Welcome to another episode of the Progressive Property Podcast. In today’s episode, your host Peter Jones takes a look at the good news stories and educational content posted in the Progressive Property Community. Hear the inspiring journeys of up and coming property investors, seasoned pros and millionaire developers.
Learn more about the mindset needed to succeed in property, the power of pipelining and why following up on offers and getting the deal done is essential to success. Peter shares insights from the UK’s #1 property investing community that can help any property investor no matter where you are on your journey.
Finally, Peter shares some important information about the future of bank lending, the cyclical nature of property investment and tackles the question of ‘the normal pattern of property and the future of market prices’
Join the Progressive Property Community here:
KEY TAKEAWAYS
Alex Milburn - “Over the last 7 months I have acquired 40 rent2rent serviced accommodation units and achieved a million pound turnover, without using a penny of my own money”
Ryan Quinn - “A wise man once told me that the best deals are the quickest or the ones you have to spend time waiting for. I have to admit I was sceptical, how could a property that has sat in your pipeline for months, ever become a good deal. I went to view a property in March and five months later it fell through and I was able to negotiate a deal”
Dan Cheetham - “£25,000+ profit from a single flip, I offered on a property about a month ago that was well under asking price and after some negotiating it was accepting. It fell through and four weeks passed with the property still unsold. After 6-7 weeks the asking price dropped and with some further discount, a deal was agreed. Purchase price £110,000, Refurb £26,000, Total investment £141,000, Forecast sale price £170,000 and total profit from the deal. £26,500
Alex Szepietowski - “six-month rule, what six months rule Kent Reliance? With bank lending getting easier, does it mean a crash isn't a million miles away?”
BEST MOMENTS
“Don’t do things in the vacuum, learn how to do it and get training. Invest in yourself and gear your mindset towards success”
“The key thing to all success is the mindset. You can all of the technological stuff, all of the techniques, but nothing will make a difference unless you understand the mindset to take action.”
“The key to success is massive action, work out what it is you want to achieve and work out the steps to get there”
Most of your offers will be rejected, because if they were accepted straight away you’re probably offering too much. Add properties to your spreadsheet and pipeline them. One in three properties falls through so own a process and a system”
VALUABLE RESOURCES
Rob Moore - The Disruptive Entrepreneur
Brian Tracey
Jim Rohn
Tony Robbins
Thepropertypodcast
CONTACT METHOD
ABOUT THE HOST
Peter Jones is a Chartered Surveyor, an author and a serial buy-to-let property investor. He has been involved in property for over 35 years and now owns 78 letting units. He is still actively involved in buying and renovating property, and regularly flips properties for profit. Peter has written a number of successful property books. The first, An Insider’s Guide to Successful Property Investing, was first published in 2000 and was
one, if not the very first, book of its kind which was written for what we’d now call buy-to-let investors. On the back of its success he was invited to be a guest writer for Property Secrets, and wrote Spanish Property Secrets, French Property Secrets, and Portugal Property Secrets. He has since written a number of other successful titles dealing with UK investing including 63 Common Defects in Investment Property and How to Spot Them, the highly acclaimed The Successful Property Investor’s Strategy Workshop and The Property Renovator’s Workshop ,in which Peter describes step-by-step how he built his own property portfolio, starting with virtually none of his own money.
