Liam delves into the seven-step guaranteed system for successful property investing. Building on the previous episode, Ryan focuses on the fourth step, which is understanding the numbers involved in real estate investing.
He emphasises the importance of key metrics such as return on investment, net profit, and money left in a deal. Liam also highlights the significance of proper deal analysis and the goal of minimising cash investment while maximising profit.
KEY TAKEAWAYS
BEST MOMENTS
"You can make £15,000 per year per property. Did you know that? What impact would that have on you?"
"The aim of the game is that we pull out all of or the majority of the initial investment capital. This typically is the deposit, the legals, investor costs, and then the refurb costs."
"I have got multiple seven and eight figure businesses, 28 million pounds worth of property deals, takes up less than five hours a week of my time."
"The most important thing is to build relationships... What can you do every day to make the most amount of money in the shortest space of time."
"Do it right. Invest in great people. Build something really special for your future. But make sure that you are sticking to the rules and regulations."
VALUABLE RESOURCES
The Dealmaker Podcast - https://omny.fm/shows/the-deal-maker-by-liam-ryan
Assets For Life - https://assetsforlife.co.uk
Instagram - https://www.instagram.com/liamjryanwealth/
Facebook Page - https://www.facebook.com/LiamJRyan.AFL
Facebook Personal - https://www.facebook.com/profile.php?id=100010124928017
HOST BIO
You're listening to The Deal Maker podcast with Property Expert, Property Multi Millionaire and Joint World Record Holder Liam J. Ryan. If you want to become a master negotiator, close more property deals, become a great salesperson and live a better life then The Deal Maker podcast is for you.
Liam is a property investor, business owner and Entrepreneur helping people make more money and live a happier life