Simon discusses the concept of using other people's money in property investment with successful mastermind graduate Andy Tattersfield. Andy shares his journey from the motor trade to becoming a full-time joiner and eventually venturing into property investment. He recounts how he overcame his initial doubts about attracting investors and successfully completed several deals without using his own funds. The conversation highlights the importance of networking, social media, and building trust with joint venture partners. 

KEY TAKEAWAYS

• Learning to leverage other people's money is crucial for property investment, especially when personal funds are limited. Many successful investors have built their portfolios by collaborating with investors who provide the necessary capital.
• Building a strong network is vital in the property business. Engaging with others in the industry can lead to valuable partnerships and opportunities. Attending property networking events, such as PIN meetings, can help establish these connections.
• Utilising social media to share progress and projects can attract potential investors. By showcasing what you are doing, you can engage with individuals who may be interested in investing in your ventures.
• Investing in education, such as attending courses and workshops, can significantly enhance your knowledge and confidence in property investment. Understanding concepts like capital allowances can provide additional financial benefits.

BEST MOMENTS

"I think it's something that you've said right from the very beginning, you don't know what you don't know. Absolutely. Because now I know more."

"I was told or advised to get on social media and tell the people what you're doing, which is what I did."

"When people say your network is your net worth, you know, so true."

"It's a false economy. And, of course, I listened to everything you said and completely ignored it."

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).

Contact and follow Simon here:

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YouTube: https://www.youtube.com/SimonZutshiOfficial

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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.