Initially, carry out much needed research and network with other developers at every opportunity. This will give you the insight into what others are doing and you will automatically gain confidence. Understand their buying and selling patterns. Look for investors who have been successful and then copy their strategies.
How do you overcome the fear of doing the first deal?Fear can be overcome with confidence. And confidence can be obtained with knowledge and experience. The first deal will always be a nervous undertaking. Don’t be afraid of making mistakes. Analyse every possible ‘what if’ scenario. Be prepared for them. If you follow the advice in this book you should not make many mistakes. I wish I had had access to this information when I began my journey in property investment. I would have saved a lot of money!
What is the best property investing strategy to use?
There isn’t one overall major investing strategy. What works for one person may not suit another. My strategy is to obtain enough Buy-to-let properties to maintain a wealthy lifestyle from a positive cash flow. I do this by keeping 60% of properties and flipping 40%. This helps me grow my portfolio and to