Getting it off the market you can do it!
It’s a problem that comes up time and time again - The problem of getting a property off the market when it’s with an estate agent.
In this episode, David focuses on the strategies you can use effectively to get a property off the market.
New deal packagers think it’s a big leap for someone to provide them with proof of funds but a serious investor will have no problem with this and a good relationship with a local estate agent makes all the difference.
Everything can seem so unachievable when you begin as a deal packager but when you have 6 investors committed to you and 6 deals coming in every month it takes the pressure off.
Getting a property off the market is a problem only newcomers get, once you have deals in the pipeline everything is much easier and you will be on your way to successfully deal packaging, listen in and get started!
KEY TAKEAWAYS
BEST MOMENTS
‘Even if things go wrong they won’t think badly of you because you are doing it the right way’
‘When it’s so important, when it’s so serious, when it’s your first deal or you’ve only got one deal everything takes on a degree of importance that it doesn’t really have’
‘You have to play the game and not take it too seriously’
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