Marika goes solo this week and explains in detail how your credit score and credit report are calculated.

Knowing how the reports are compiled and what affects a score is vital if you want to make sure that when you apply for a loan your credit score and report are positive and this episode has great content on how lenders use credit scores and credit reports along with what you can do to be in the best position

 

KEY TAKEAWAYS
Your credit score is used for many different financial products including loans, credit cards and mortgages
It’s a score that is assigned to you and is based on how you  have managed your payments in the past
Anything that has happened in the last six years will be seen by the lender
thing
You need to be on the electoral roll and registered to vote
How long you have lived at a particular address, are you traceable?
Lenders don’t want to see high levels of borrowing
The closer you are to your limits on current credit cards the less creditworthy you are
The report details how you have been managing your payments
Lenders are looking at a combination of your score and report to decide on lending
When you are applying for a mortgage check both Experian and Equifax
Try and find out what credit report the mortgage lender will be using.

 

BEST MOMENTS

‘The longer you have lived at a particular address the better’

‘They like low levels of personal borrowing’

‘If you are an investor check across all the credit score companies’

 

VALUABLE RESOURCES

Investing Earning Living Podcast - https://omny.fm/shows/investing-earning-living

 

ABOUT THE HOSTS

Marika and Marek are experienced investors and owners of multiple successful businesses. The hosts went from having nothing to becoming multimillionaires in their early 30’s through hard work, dedication and desire to change lives.

They have battled unforeseen life’s circumstances and challenges which made them realise that they do not want to be in the same rat race as others. Valuing diverse investment strategies, business avenues and multiple income streams, they are passionate about helping others to succeed in life. Listen and learn.

CONTACT METHOD

Email-  info@investingearningliving.com 

 

Phone - 0333 050 9443

Facebook - https://www.facebook.com/Investing-Earning-Living-1669019896663211

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Marika goes solo this week and explains in detail how your credit score and credit report are calculated.
Knowing how the reports are compiled and what affects a score is vital if you want to make sure that when you apply for a loan your credit score and report are positive and this episode has great content on how lenders use credit scores and credit reports along with what you can do to be in the best position
&nbsp;
KEY TAKEAWAYS
<ul>
<li>Your credit score is used for many different financial products including loans, credit cards and mortgages</li>
<li>It&rsquo;s a score that is assigned to you and is based on how you&nbsp; have managed your payments in the past</li>
<li>Anything that has happened in the last six years will be seen by the lender</li>
<li>thing</li>
<li>You need to be on the electoral roll and registered to vote</li>
<li>How long you have lived at a particular address, are you traceable?</li>
<li>Lenders don&rsquo;t want to see high levels of borrowing</li>
<li>The closer you are to your limits on current credit cards the less creditworthy you are</li>
<li>The report details how you have been managing your payments</li>
<li>Lenders are looking at a combination of your score and report to decide on lending</li>
<li>When you are applying for a mortgage check both Experian and Equifax</li>
<li>Try and find out what credit report the mortgage lender will be using.</li>
</ul>
&nbsp;
BEST MOMENTS
&lsquo;The longer you have lived at a particular address the better&rsquo;
&lsquo;They like low levels of personal borrowing&rsquo;
&lsquo;If you are an investor check across all the credit score companies&rsquo;
&nbsp;
VALUABLE RESOURCES
Investing Earning Living Podcast -<a href="https://omny.fm/shows/investing-earning-living"> https://omny.fm/shows/investing-earning-living</a>
&nbsp;
ABOUT THE HOSTS
Marika and Marek are experienced investors and owners of multiple successful businesses. The hosts went from having nothing to becoming multimillionaires in their early 30&rsquo;s through hard work, dedication and desire to change lives.
They have battled unforeseen life&rsquo;s circumstances and challenges which made them realise that they do not want to be in the same rat race as others. Valuing diverse investment strategies, business avenues and multiple income streams, they are passionate about helping others to succeed in life. Listen and learn.
CONTACT METHOD
Email-&nbsp; info@investingearningliving.com&nbsp;
&nbsp;
Phone - 0333 050 9443
Facebook -<a href="https://www.facebook.com/Investing-Earning-Living-1669019896663211"> https://www.facebook.com/Investing-Earning-Living-1669019896663211</a>
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The Investing Earning Living podcast, by Marika and Marek, will reveal how you can invest, increase earning potential and live the lifestyle you desire.  

Listen and learn how you can go from 0 to multimillionaire by applying various investment and earning strategies to achieve your goals.

Hosts will talk through aspects of diverse investment strategies, returns and high paid professions and passions.

The hosts will call upon their contacts and interview people from all walks of life that have managed to become successful and achieve a great lifestyle through various investing and earning strategies.

Marika and Marek will draw all their experience and connections, starting from nothing and building a huge investment portfolio, diversifying investments, earning avenues and multiple income streams.

The Investing Earning Living podcast is for all interested in investing, earning more and living the lifestyle they desire.

 

The Investing Earning Living podcast, by Marika and Marek, will reveal how you can invest, increase earning potential and live the lifestyle you desire. &nbsp;
Listen and learn how you can go from 0 to multimillionaire by applying various investment and earning strategies to achieve your goals.
Hosts will talk through aspects of diverse investment strategies, returns and high paid professions and passions.
The hosts will call upon their contacts and interview people from all walks of life that have managed to become successful and achieve a great lifestyle through various investing and earning strategies.
Marika and Marek will draw all their experience and connections, starting from nothing and building a huge investment portfolio, diversifying investments, earning avenues and multiple income streams.
The Investing Earning Living podcast is for all interested in investing, earning more and living the lifestyle they desire.
&nbsp;

Investing Earning Living Podcast

Investing Earning Living

Credit Score and Credit Report

Marika discusses the importance of diversifying your income streams and with millionaires having on average seven different streams of income it’s a proven pathway to securing your wealth and ensuring you can continue to live the life you want even if one income stream stops

If you want to live a comfortable life then this is an episode with great advice on different streams of income and how to get started.



KEY TAKEAWAYS
When you have multiple streams of income if one stops you can still live a comfortable life
Things can change and multiple streams of income are key in the journey to wealth
You should diversify to have a combination of traditional and online businesses along with investment strategies
You can have an online business and sell things without holding stock yourself
Look at diversifying into different products
Always have a backup plan especially in property in case the main plan doesn’t work out
In property use a range of different strategies
If you are entrepreneurial then you can purchase existing businesses
There are many established businesses available to purchase and you can then add value
An average millionaire has seven income streams
It’s worth diversifying into precious metals and this can preserve your wealth



BEST MOMENTS

‘Various things can happen in life’

‘You need to make sure you have money coming in from different sources’

‘We are entrepreneurial and can make it work



VALUABLE RESOURCES

Investing Earning Living Podcast - https://omny.fm/shows/investing-earning-living



ABOUT THE HOSTS

Marika and Marek are experienced investors and owners of multiple successful businesses. The hosts went from having nothing to becoming multimillionaires in their early 30’s through hard work, dedication and desire to change lives.

They have battled unforeseen life’s circumstances and challenges which made them realise that they do not want to be in the same rat race as others. Valuing diverse investment strategies, business avenues and multiple income streams, they are passionate about helping others to succeed in life. Listen and learn.

CONTACT METHOD

Email-  info@investingearningliving.com 



Phone - 0333 050 9443
Facebook - https://www.facebook.com/Investing-Earning-Living-1669019896663211

Marika discusses the importance of diversifying your income streams and with millionaires having on average seven different streams of income it’s a proven pathway to securing your wealth and ensuring you can continue to live the life you want even if one income stream stops
If you want to live a comfortable life then this is an episode with great advice on different streams of income and how to get started.
 
KEY TAKEAWAYS
<ul>
<li>When you have multiple streams of income if one stops you can still live a comfortable life</li>
<li>Things can change and multiple streams of income are key in the journey to wealth</li>
<li>You should diversify to have a combination of traditional and online businesses along with investment strategies</li>
<li>You can have an online business and sell things without holding stock yourself</li>
<li>Look at diversifying into different products</li>
<li>Always have a backup plan especially in property in case the main plan doesn’t work out</li>
<li>In property use a range of different strategies</li>
<li>If you are entrepreneurial then you can purchase existing businesses</li>
<li>There are many established businesses available to purchase and you can then add value</li>
<li>An average millionaire has seven income streams</li>
<li>It’s worth diversifying into precious metals and this can preserve your wealth</li>
</ul>
 
BEST MOMENTS
‘Various things can happen in life’
‘You need to make sure you have money coming in from different sources’
‘We are entrepreneurial and can make it work
 
VALUABLE RESOURCES
Investing Earning Living Podcast -<a href="https://omny.fm/shows/investing-earning-living"> https://omny.fm/shows/investing-earning-living</a>
 
ABOUT THE HOSTS
Marika and Marek are experienced investors and owners of multiple successful businesses. The hosts went from having nothing to becoming multimillionaires in their early 30’s through hard work, dedication and desire to change lives.
They have battled unforeseen life’s circumstances and challenges which made them realise that they do not want to be in the same rat race as others. Valuing diverse investment strategies, business avenues and multiple income streams, they are passionate about helping others to succeed in life. Listen and learn.
CONTACT METHOD
Email-  info@investingearningliving.com 
 
Phone - 0333 050 9443 Facebook -<a href="https://www.facebook.com/Investing-Earning-Living-1669019896663211"> https://www.facebook.com/Investing-Earning-Living-1669019896663211</a>

Diversifying Your Income Streams to Live the Life You Want

Marek talks to Mark Lloyd, a professional entrepreneur about his journey into property investment and mentoring.

Mark discusses the importance of networking and finding a mentor who can help you develop and grow and explains why educating yourself is an important step as an entrepreneur.

As co-founder of the Property Master Academy Mark now mentors others on their journeys and this is a great opportunity to hear about what it takes to be a successful entrepreneur

 

KEY TAKEAWAYS
The most important thing is your network. Network as much as possible and mirror and follow those you aspire to be
If you are starting out with no money at some point you are going to need money
There are plenty of people out there with money in the bank you just need to find them
You can always, if you want to and need to, find money somewhere
The biggest challenge in business is trust, it can be both an advantage and a challenge
I’ve diversified from just property and now have stocks and crypto as part of my portfolio and I’m always looking at potential opportunities to invest
As an investor it’s important not to rush in, there will always be another deal
Getting educated can really make a difference
There are a wide range of strategies available when you are investing in property
Within everyone is a business mind it may just not be being used yet
You need to be in the right environment mixing with other entrepreneurs
The barriers are lack of knowledge and lack of confidence and these can both be overcome
You need to build relationships with people so if  something sounds too good to be true it probably is
A crowdfunding project matches the project requiring finance with an investor
You need to continually work on your mindset and not give up.
If a deal goes wrong you learn from it and make sure it doesn’t happen again
I want my legacy to be making a difference to enough people

 

BEST MOMENTS

‘We’ve mentored a lot of investors’

‘Mindset is everything

‘In property, you need to learn about it and then find a mentor who can guide you’

‘Most people give up too soon in business’

 

VALUABLE RESOURCES

Investing Earning Living Podcast - https://omny.fm/shows/investing-earning-living

Max Crowdfund

Property Master Academy

 

ABOUT THE HOSTS

Marika and Marek are experienced investors and owners of multiple successful businesses. The hosts went from having nothing to becoming multimillionaires in their early 30’s through hard work, dedication and desire to change lives.

They have battled unforeseen life’s circumstances and challenges which made them realise that they do not want to be in the same rat race as others. Valuing diverse investment strategies, business avenues and multiple income streams, they are passionate about helping others to succeed in life. Listen and learn.

CONTACT METHOD

Email-  info@investingearningliving.com 

 

Phone - 0333 050 9443

Facebook - https://www.facebook.com/Investing-Earning-Living-1669019896663211

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Marek talks to Mark Lloyd, a professional entrepreneur about his journey into property investment and mentoring.
Mark discusses the importance of networking and finding a mentor who can help you develop and grow and explains why educating yourself is an important step as an entrepreneur.
As co-founder of the Property Master Academy Mark now mentors others on their journeys and this is a great opportunity to hear about what it takes to be a successful entrepreneur
&nbsp;
KEY TAKEAWAYS
<ul>
<li>The most important thing is your network. Network as much as possible and mirror and follow those you aspire to be</li>
<li>If you are starting out with no money at some point you are going to need money</li>
<li>There are plenty of people out there with money in the bank you just need to find them</li>
<li>You can always, if you want to and need to, find money somewhere</li>
<li>The biggest challenge in business is trust, it can be both an advantage and a challenge</li>
<li>I&rsquo;ve diversified from just property and now have stocks and crypto as part of my portfolio and I&rsquo;m always looking at potential opportunities to invest</li>
<li>As an investor it&rsquo;s important not to rush in, there will always be another deal</li>
<li>Getting educated can really make a difference</li>
<li>There are a wide range of strategies available when you are investing in property</li>
<li>Within everyone is a business mind it may just not be being used yet</li>
<li>You need to be in the right environment mixing with other entrepreneurs</li>
<li>The barriers are lack of knowledge and lack of confidence and these can both be overcome</li>
<li>You need to build relationships with people so if&nbsp; something sounds too good to be true it probably is</li>
<li>A crowdfunding project matches the project requiring finance with an investor</li>
<li>You need to continually work on your mindset and not give up.</li>
<li>If a deal goes wrong you learn from it and make sure it doesn&rsquo;t happen again</li>
<li>I want my legacy to be making a difference to enough people</li>
</ul>
&nbsp;
BEST MOMENTS
&lsquo;We&rsquo;ve mentored a lot of investors&rsquo;
&lsquo;Mindset is everything
&lsquo;In property, you need to learn about it and then find a mentor who can guide you&rsquo;
&lsquo;Most people give up too soon in business&rsquo;
&nbsp;
VALUABLE RESOURCES
Investing Earning Living Podcast -<a href="https://omny.fm/shows/investing-earning-living"> https://omny.fm/shows/investing-earning-living</a>
<a href="https://maxcrowdfund.com/en">Max Crowdfund</a>
<a href="https://www.propertymasteracademy.co.uk/en-gb">Property Master Academy</a>
&nbsp;
ABOUT THE HOSTS
Marika and Marek are experienced investors and owners of multiple successful businesses. The hosts went from having nothing to becoming multimillionaires in their early 30&rsquo;s through hard work, dedication and desire to change lives.
They have battled unforeseen life&rsquo;s circumstances and challenges which made them realise that they do not want to be in the same rat race as others. Valuing diverse investment strategies, business avenues and multiple income streams, they are passionate about helping others to succeed in life. Listen and learn.
CONTACT METHOD
Email-&nbsp; info@investingearningliving.com&nbsp;
&nbsp;
Phone - 0333 050 9443
Facebook -<a href="https://www.facebook.com/Investing-Earning-Living-1669019896663211"> https://www.facebook.com/Investing-Earning-Living-1669019896663211</a>
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&nbsp;

Networks,  Mentors and Opportunity with Mark Lloyd

Marek and Marika are hugely experienced deal sourcers and in this episode, they share great content on how to get started in deal sourcing.

They explain the process and the elements you need to have in place when you are sourcing a deal for an investor and discuss the crucial importance of building relationships.

Investors usually don’t want to find deals themselves so turn to deal sourcers and whether you are building your own portfolio or building a career as a deal sourcer, Marek and Marika have great tips and advice that will help.

 

KEY TAKEAWAYS
Property sourcing is finding a deal for someone else, typically you are looking for an investment property for someone
It’s a package deal at a below-market price usually for an investor
As a sourcing agent, you charge a sourcing fee which begins at 3,000
We had too many deals for us to buy and selling the deals on to other investors means you can still profit.
You need to have investors and know what sort of properties they are looking for
Investors will approach sourcers and you need to build relationships with investors and agents as a deal sourcer
You need to establish what the budget is and understand what strategies work in a particular area
You need to analyse each deal and make sure the numbers stack up
Having a backup plan is crucial
Properties that you can add value to are those with the best potential
Asking the right questions can make sure you make the right offer on a property
Educate yourself through the quotes you have from contractors
If you get the cost of renovation wrong  there is an impact on the profit
You need to complete comparables for different areas including square meterage, crime and look at what is happening in the area over the next five years  
A property is only mortgageable if it has a functioning bathroom and kitchen
Property sourcing is a business and you must have the correct documentation 

 

BEST MOMENTS

‘Agents started feeding us with loads of deals

‘Nine times out of ten property investors don’t have the time to look for deals’

‘A relationship is the biggest seller in sourcing’

 

VALUABLE RESOURCES

Investing Earning Living Podcast - https://omny.fm/shows/investing-earning-living

 

ABOUT THE HOSTS

Marika and Marek are experienced investors and owners of multiple successful businesses. The hosts went from having nothing to becoming multimillionaires in their early 30’s through hard work, dedication and desire to change lives.

They have battled unforeseen life’s circumstances and challenges which made them realise that they do not want to be in the same rat race as others. Valuing diverse investment strategies, business avenues and multiple income streams, they are passionate about helping others to succeed in life. Listen and learn.

CONTACT METHOD

Email-  info@investingearningliving.com 

 

Phone - 0333 050 9443

Facebook - https://www.facebook.com/Investing-Earning-Living-1669019896663211

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Marek and Marika are hugely experienced deal sourcers and in this episode, they share great content on how to get started in deal sourcing.
They explain the process and the elements you need to have in place when you are sourcing a deal for an investor and discuss the crucial importance of building relationships.
Investors usually don&rsquo;t want to find deals themselves so turn to deal sourcers and whether you are building your own portfolio or building a career as a deal sourcer, Marek and Marika have great tips and advice that will help.
&nbsp;
KEY TAKEAWAYS
<ul>
<li>Property sourcing is finding a deal for someone else, typically you are looking for an investment property for someone</li>
<li>It&rsquo;s a package deal at a below-market price usually for an investor</li>
<li>As a sourcing agent, you charge a sourcing fee which begins at 3,000</li>
<li>We had too many deals for us to buy and selling the deals on to other investors means you can still profit.</li>
<li>You need to have investors and know what sort of properties they are looking for</li>
<li>Investors will approach sourcers and you need to build relationships with investors and agents as a deal sourcer</li>
<li>You need to establish what the budget is and understand what strategies work in a particular area</li>
<li>You need to analyse each deal and make sure the numbers stack up</li>
<li>Having a backup plan is crucial</li>
<li>Properties that you can add value to are those with the best potential</li>
<li>Asking the right questions can make sure you make the right offer on a property</li>
<li>Educate yourself through the quotes you have from contractors</li>
<li>If you get the cost of renovation wrong&nbsp; there is an impact on the profit</li>
<li>You need to complete comparables for different areas including square meterage, crime and look at what is happening in the area over the next five years&nbsp;&nbsp;</li>
<li>A property is only mortgageable if it has a functioning bathroom and kitchen</li>
<li>Property sourcing is a business and you must have the correct documentation&nbsp;</li>
</ul>
&nbsp;
BEST MOMENTS
&lsquo;Agents started feeding us with loads of deals
&lsquo;Nine times out of ten property investors don&rsquo;t have the time to look for deals&rsquo;
&lsquo;A relationship is the biggest seller in sourcing&rsquo;
&nbsp;
VALUABLE RESOURCES
Investing Earning Living Podcast -<a href="https://omny.fm/shows/investing-earning-living"> https://omny.fm/shows/investing-earning-living</a>
&nbsp;
ABOUT THE HOSTS
Marika and Marek are experienced investors and owners of multiple successful businesses. The hosts went from having nothing to becoming multimillionaires in their early 30&rsquo;s through hard work, dedication and desire to change lives.
They have battled unforeseen life&rsquo;s circumstances and challenges which made them realise that they do not want to be in the same rat race as others. Valuing diverse investment strategies, business avenues and multiple income streams, they are passionate about helping others to succeed in life. Listen and learn.
CONTACT METHOD
Email-&nbsp; info@investingearningliving.com&nbsp;
&nbsp;
Phone - 0333 050 9443
Facebook -<a href="https://www.facebook.com/Investing-Earning-Living-1669019896663211"> https://www.facebook.com/Investing-Earning-Living-1669019896663211</a>
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Marika and Marek discuss Property Sourcing

Credit Score and Credit Report

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Investing Earning Living

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