A Good News Episode....well mainly

Property Sourcing Profits Podcast

Deals are getting done and people are getting paid and this is a great time to be a deal packager.

If you have put in the work and let people know who you are and what you do then you are putting yourself in the right place to make deals and David shares great news about one of his mentees who has done just that with her first deal coming together after she put in the work and got into the right position to successfully bring the right investor and the right property together.

KEY TAKEAWAYS

• You need to charge a fee commensurate with the value of the property but you shouldn’t charge less than £3,000
• What have you done to get to this point? to make you worth the fee.
• You have invested in yourself and your education
• You have put in the work consistently through direct mail, phoning agents and getting out there.
• It’s about learning your craft and how you should value yourself
• It’s about the work that goes into learning about who you are as a deal packager
• People are out there hungry for deals and there is money out there
• You should have 6-8 investors who are qualified and ready to buy your deals.
• Get yourself out there, network and let people know who you are and what you do.
• You need to get to the people who have money because they want to invest in bricks and mortar right now.

BEST MOMENTS

‘Getting a deal doesn’t always have to be difficult’

‘She put herself in a position where one agent has said ‘yes’ I can do that deal’

‘If you have deals there is lots of money out there’

VALUABLE RESOURCES

Property Sourcing Profits Podcast

https://www.progressiveproperty.co.uk/

https://unlimited-success.co.uk/

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

Property Investors podcast

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

https://www.linkedin.com/in/david-siegler-7b126316/

https://www.facebook.com/DavidSieglerInvestments/