This week, the team talk about the reasons why people fail in property investment and how they can overcome these challenges. Caroline and Nick look into the importance of having a clear vision, seeking help from mentors, and prioritising property investment in one's life. They also discuss the need to embrace failure as a learning opportunity and to take action despite the fear of failure. 

KEY TAKEAWAYS

• Having a clear vision and understanding of why you are pursuing a goal is crucial to success in property investment.
• Acknowledging the need for assistance and building a strong network of mentors and professionals can accelerate progress and prevent costly mistakes.
• Embracing failure as a learning opportunity and understanding that it is a necessary part of growth can help individuals move forward and achieve their goals.
• Focusing on cash flow properties rather than getting distracted by other investment opportunities is essential for sustainable financial success.
• Taking consistent action, staying focused on the end goal, and persisting through challenges are key factors in achieving success in property investment.

BEST MOMENTS

"I think the biggest mistake is attitude going in is, you know, I want to be wealthy now, rich now, well, okay, property probably isn't for you." 

"I love psychology. And I love like human studying human behaviour and why we do what we do and take the actions that we take." 

"Life can throw you curveballs and knock you off course."

"I think that word failure, if you can reframe that in your mind, will help you as well to just take the baby steps."

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/