From Property Disaster To Property Master In 18 Months

Property Sourcing Profits Podcast

David is with Kat Kuczynska who has grown a successful property investment company in an area where there are wide ranging properties and ever increasing opportunities.

Kat has faced the challenges of not getting it right when she started out along with growing her knowledge and an effective network on her property journey.

They discuss the realities of doing all the work when you are starting out through to understanding the possibilities and opportunities for investors in your chosen area. This is a great opportunity to hear about how property can be the key to financial freedom if you have tenacity, determination and are prepared to give it your all.

KEY TAKEWAYS

• When properties are sorted and running efficiently they are a source of passive income.
• Financial freedom and was a key goal and property was the vehicle that could provide this.
• Property was the key to finding my way out of the financial challenges I was facing.
• One of our strategies is to combine Buy, Refurbish, Refinance and SA
• Self-development and wanting to grow is vital
• It’s about reviewing and deconstructing past errors to understand what happened and how you can learn from it and do it differently next time.
• Networking has been invaluable - look for networking opportunities where there is extensive knowledge and experience in the room so you can learn from others.
• Most of my investors came from social media, I continually update what we are doing and post videos of myself completing my day to day tasks.
• I originally thought you could only post something very polished but it’s not about sharing the successes it’s about sharing everything including when things are not going to plan.
• Showing someone how you are dealing with the issues is far more helpful than lots of posts telling everyone how much money you are making because it humanises the process for everyone.

BEST MOMENTS

‘Always being prepared to undertake further learning has been key’

‘It’s about getting into the shoes of someone else and showing them the way so they have an easier path of progression’

‘I didn’t find my investors they found me’

VALUABLE RESOURCES

Property Sourcing Profits Podcast

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

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

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

Lyra Property Solutions

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/