Property Magic Podcast

This week, Simon discusses the habits that all successful investors have in common, and how by adopting them for yourself, you can steer your own investing journey towards a more success KEY TAKEAWAYS Successful people have habits, routines and rituals that turn normal investors into successful ones. By embracing these rituals, you can accelerate your growth. Be very clear on what you want to achi...

Simon talks about whether or not you should be thinking about setting up a business for your property investing, and the pros and cons involved in doing so. KEY TAKEAWAYS In April 2017, the government introduced as a new tax legislation known as Section 24. This affects people who own properties in their own name, and taxes the income from property in a different way, generally working out to be m...

Simon discusses the concept of how "a little bit of knowledge can be very dangerous", and how those in property investing, who possess merely a fraction of the knowledge required in order to succeed, can often limit their development by not investing in themselves, and in the guidance of experts. KEY TAKEAWAYS Factors such as equipment designed to meet regulations, are not always compatible with t...

Tenants are the lifeblood of your property business, but are we taking care of them effectively? In this episode, Simon talks about the value in making sure they're kept at the heart of your property venture, and how a few small steps can ensure that they become a valuable tool in helping you to grow. KEY TAKEAWAYS If you look after your tenants, then not only are they more likely to stay where th...

In the last of a three part series dedicated to Mega Deals, Simon continues his discussion on Mega Deals, and tells you how they can be achieved through providing a return on someone else's financial outlay. KEY TAKEAWAYS Most people don't even bother to look for higher-value properties because they do not believe they can be bought. But we can use other people's money! With Mega Deals, the extra...

In the second of a three part series dedicated to Mega Deals, Simon continues his discussion on Mega Deals, and tells you how you can achieve them with properties you don't even own. KEY TAKEAWAYS Most investors are looking for smaller deals, as they believe they have to use their own money. This means that the competition for these deals is greatly reduced. Look to rent a property from an owner,...

In the first of a three part series dedicated to Mega Deals, Simon talks about what a Mega Deal is, why you should be doing them as often as possible, and how you can do them on property you don't even own. KEY TAKEAWAYS A Mega Deal is a larger property, usually containing ten or more rooms, and which can be rented out by you. Because of the high number of rooms, a high profit can be made (between...

Simon explains the concept of relationship capital, and talks about not only why it's so important to your investing journey, but how you can make sure you are constantly building it. KEY TAKEAWAYS Property investing is all about building relationships - from sellers and agents, to your power team and your buyers and renters. Relationship capital is all about people coming to know you, coming to t...

In this episode, Simon shares the ways in which you can gain a competitive advantage in your local property market, how your mind-set can impact the way you think about the constantly shifting trends in property, and how it can often be used to your benefit. KEY TAKEAWAYS Whether the market itself is coming down or going up, advantages can be had by wise investors, who can see the potential benefi...

It's the new year, and with the challenges of 2021 behind us, it's time to look forward to the opportunities of 2022. Simon talks about the ways in which you can make the most of the year ahead, and accelerate your property investing journey from the get go! KEY TAKEAWAYS Work out what you want to achieve in 2022. Be very clear and very specific. You can't take a journey if you don't have a destin...

In the second part of Simon's discussion, the focus switches to the ways in which you can offer more for a property as a buyer, while still paying less in the long run, thereby allowing you to close deals and provide a win-win situation for all concerned. KEY TAKEAWAYS Being able to offer more than your competitors gives you a massive advantage when it comes to closing deals and bolstering your po...

For anyone who has property you wish to sell, then Simon is here to tell you how to maximise the price that you can get. But also, if you're buying a property, this week's show will help you to better understand sellers and how to close those deals with no extra cost. KEY TAKEAWAYS There are two fundamental groups of people when it comes to selling property - those who are selling because they nee...

If you run out of money, then there's not always a need to stop investing. As Simon explains in this week's show, you can use other people's money in order to take advantage of the best property deals. It's just a case of knowing where to find them, and as Simon explains, they might be closer than you think. KEY TAKEAWAYS Always make sure that everyone know what you do as a property investor, with...

In this week's show, Simon talks about a concept called "Add Value Before Purchase", and explains how it can not only save you money when it comes to buying a property, but also ensure that you get a better return on your investment. KEY TAKEAWAYS Adding value before you buy a property is done through identifying an opportunity and securing it with a purchase option. Cash-only deals signify that t...

In this episode, Simon shares the ways in which you can secure your next property deal in just four weeks - a crucial set of strategies for anyone looking to snap up the best deals in the shortest possible amount of time. KEY TAKEAWAYS December is the time of year when many slow down and look to spend time with family and friends. But while most are relaxing, it's a great time for you to accelerat...

When it comes to your property investing goals, it's always wise to formulate your own magic number. In this episode, Simon explains the concept and tells you how you too can arrive at your own magic number, as well as the different levels of financial freedom you should aim for. KEY TAKEAWAYS Your magic number should comprise the passive income amount you need to make each month in order to repla...

Property investing can be a very lonely journey, which is why we often find ourselves in need of support. In this week's show, Simon talks about why it's crucial for you to gain the support of your partner when you begin your investing journey, and the ways in which we can do so. KEY TAKEAWAYS Share your vision with your partner. Explain why you are investing in the first place, and tell them what...

Simon shares a powerful concept, SOI (Speed Of Implementation) - a concept that will make you a far more successful investor if you fully embrace it. KEY TAKEAWAYS When you learn something, you should implement it immediately. This is the concept behind SOI. Many get distracted and fail to take the necessary action. Unsuccessful people fail to commit and spend far too long making decisions. When t...

This week, Simon shares the ways in which you could win a fully paid scholarship to his incredible virtual Property Mastermind Programme. It's a life-changing prize that could accelerate your property investing journey and move you towards financial freedom. KEY TAKEAWAYS A virtual event such as this allows you to not only connect with local investors, but a whole international network. The power...

This week, Simon shares the seven steps that will help you swiftly stack a property deal, including property valuing, why interest-only mortgages are better, and the formulas you need to see if the numbers work for you. KEY TAKEAWAYS Far too many people spend far too long agonising over whether a deal stacks or not. If they stick to the simple formula, they'll be able to turn deals around very qui...

Finding great property deals is the cornerstone of any property investor's journey. As Simon explains in this week's show, nurturing and developing this skill is the most important tool you can have in your investing toolkit. KEY TAKEAWAYS Deal sourcers can find deals for you, and charge somewhere around £3000 to £5000 per deal, depending on the size and scale. When you become good at finding deal...

This week, Simon shares some very specialist information that if applicable to you, could result in your receiving a huge payment back from HMRC. KEY TAKEAWAYS Tactics and strategies that you know can make you money, but the strategies you don't yet know are losing you money. Always arm yourself with the best knowledge available. If you have HMOs, holiday lets, serviced accommodation or any type o...

Simon discusses serviced accommodation, explaining how to get the most out of this incredible strategy, and make it work for you! KEY TAKEAWAYS Since the lockdown ended in the UK, many have taken the opportunity to holiday at home and see the delights we have to offer here, rather than going abroad. This has meant a sharp rise in popularity when it comes to serviced accommodation - a trend that is...

This week, Simon explores the investor mindset vs homeowner thinking, and why it is so crucial to differentiate between the two if you are planning to build a successful property investing journey. KEY TAKEAWAYS Financial education is something we have to gain for ourselves, when in reality, it should be a part of the education system. Homeowners often believe that we can only have one mortgage at...

In this week's episode, Simon talks to you about the rent-to-rent strategy, and shares a step-by-step process that you can use in order to find more opportunities today! KEY TAKEAWAYS Rent-to-rent can generate cash in a mere couple of weeks, doesn't require much capital up front, and also a great way to test out new strategies that may work for you. Rent-to-rent is not sub-letting (the practice of...