Property Sourcing ProfitsDoing What you Love in Property, in conversation with Emerald Fisk - Entrepreneur and Property Developer
David is with Emerald Fisk, entrepreneur and property developer. With a substantial property portfolio Emerald is doing what she loves. She discusses the property journey she has been on and what really matters if you want to be successful in deal packaging and property investment.
This is a great opportunity to hear from someone who has a no nonsense approach to property and getting things done. Emerald shares both the highs and the bits she really didn’t like in this inspirational insight into her property journey to date.
KEY TAKEAWAYS
- When people start out in property they overestimate what they can achieve in the short term and under estimate what they can achieve in the longer term.
- The mastermind can be all about the unexpected connections and the future possibilities
- It important to be a networker and try to give as much as you can because it’s important to not just take from others on your learning journey.
- If you are doing rent to rent you need to source in a niche area and if you are able to do this you can source multiple units and can potentially do less deals.
- You have to be prepared to invest time in people but doing this will pay off.
- If you find yourself doing something you don’t love then you should stop and change to doing something you do love.
- I have a few select clients that I trust and have a good relationships with and this forms the basis of my deal sourcing business.
- It’s all about how you frame your relationships with everyone.
- Property is a very big world and now I help others who have faced the same sort of challenges I did.
BEST MOMENTS
‘I’m trying to buy up Wales and its going well’
‘The possibilities with property are out of this world’
‘You can learn lots from others and this is an important part of any journey’
VALUABLE RESOURCES
Property Sourcing Profits Podcast
https://www.progressiveproperty.co.uk/
https://unlimited-success.co.uk/
https://www.facebook.com/groups/progressivepropertycommunity/
ABOUT THE HOST
David is a property expert with over 25 years’ experience and his own portfolio of 26 units. His current rent roll is in excess of £10k per month. He is also a partner in a Deal Sourcing and Packaging business in the North West of England and has sourced over 250 properties for investors since 2004.
In recent years he has, by necessity, had to develop an expertise in LHA strategies. This area is increasingly becoming a niche for him, and he enjoys empowering other landlords by sharing the knowledge he has gained.
The ultimate purpose when sourcing properties in this sector for investors is to minimise risk while maximising profit. He has had to find answers to the challenges of Tenant Find, Management, ensuring rents are paid and the transition to Universal Credit. These are strategies he uses in his own business and also on behalf of investors. His investor clients regularly achieve annual gross yields of over 20% with high occupancy rates and voids resolved, sometimes within hours.
CONTACT METHOD
