In this podcast episode, Sarah Blaney and Nick Claydon address questions from coaching clients, focusing on the importance of having a side hustle in addition to building a property portfolio. They emphasise the need for passion, skills, and monetization when choosing a side hustle and delve into the concept of resilience and how it plays a crucial role in overcoming setbacks in property investment

KEY TAKEAWAYS

• Building resilience is crucial for success in property investing. It involves overcoming setbacks, staying focused on goals, and surrounding oneself with positive influences.
• When feeling stuck or overwhelmed, taking small, consistent actions like viewing properties, networking, and setting clear goals can help regain momentum and motivation.
• Setbacks are inevitable in property investing. It's important to reflect on past experiences, identify what worked, and use that knowledge to navigate through challenges.
• Connecting with the why behind property investing and having a clear vision of goals can help maintain focus and drive, especially during tough times.
• Surrounding oneself with a supportive network of mentors, peers, and like-minded individuals can provide valuable insights, guidance, and encouragement in times of difficulty.

BEST MOMENTS

"You've got to find that fire and the passion for getting out and getting over all these obstacles, because I wish I could say there aren't any when you get more advanced, but you know, they just, the obstacles just get bigger."

"Expect the worst but hope for the best. Yeah, that's probably a good mindset to go in with, you know, expect that things are going to go wrong. But sometimes they don't. That's okay."

"You fall back on the experience of, well, when I felt like this last time, what did I do? And, you know, if it was okay, well, a funding problem, then what I did was I picked up the phone and spoke to XYZ and got more answers and more information which would help me through this."

 VALUABLE RESOURCES

This Property Life - https://podcasts.apple.com/gb/podcast/this-property-life-podcast/id1540075591       

Property Wealth System YouTube - https://www.youtube.com/c/PropertyWealthSystem    

ABOUT THE SHOW

This Property Life is hosted by the team at Property Wealth System. We are a collective of experienced active investors passionate about all things property.

Caroline Claydon has over 22 years experience in investing in property but it’s only the last 12 years she’s operated as a professional investor.  Her and her husband have built their portfolio throughout the UK covering strategies from buy to let’s, social housing, HMOs, developments and more recently a hotel.  She has travelled the world training people for the last 10 years on how to invest, scale and accelerate their UK property businesses regardless of where they are based.   Caroline loves helping people reach their full potential by changing their mindsets to money, debt, property and investing. 

CONTACT METHOD

You can join Caroline and James along with a whole host of other like-minded investors in the Property Wealth System Facebook Community:

https://www.facebook.com/groups/propertywealthcommunity

Caroline Email: caroline@propertywealthsystem.co.uk

Caroline Linkedin: https://www.linkedin.com/in/caroline-claydon-property/