Listen to this episode below:
Simon originally joined us back on episode 65 where we explored the details of how he got started with property investing, and what strategies he was focusing on at the time.
He is the best-selling author of Property Magic, and the founder of the Property Investors Network.
He’s back with us today to give even more value to our community by sharing some of his key lessons on strategy setting as we all embark upon another year of property investing opportunities.
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Strategy Quadrants
Simon talks in depth about the different strategies available to us as property investors, depending on what position we’re in regarding availability of time and availability of funds.
Whether you have no time or money, plenty of each, or some combination of the two, we share some of the best strategies for you to focus on based on your own resources.
Focus
We also talk about focus, and how important that is to your success. Rather than chasing every opportunity you see or every strategy you learn about, Simon breaks down how your time should be split – 80/15/5 – between the different elements of your business.
Crowd Funding Your Next Deal
We finished up the session by talking about Simon’s latest business, Crowd Property, and how crowd funding can be an excellent means of funding your next property deal. Not only is it cheaper in a lot of cases that bridging finance, but it’s fast, flexible, and often allows you to borrow more than a traditional bank would lend as well.
Find out more at Crowd Property