Background

How to Invest No Money Down! – Progressive Property Podcast

Transcript arrow_drop_down

Transcript

[ad_1]

Rob and Mark discuss one of the most exciting ways to invest. Join them both as they tell you all you need to know about investing with little or no money. They discuss rent to rent property deals, how to master No Money down as well as how to source the best JV partnerships.

 

KEY TAKEAWAYS

 

  • One way to get into property investments without deposits is by agreeing a deal with the owner, exchange contracts and complete the deal in ten years time. Similarly you could do a rent to rent with an option to purchase. You could also turn the property into a serviced accommodation, where you rent the property by the night and you end up taking the differential layer.

 

  • The big area where many people start with little or no money in property is within a joint venture (JV) partnership. You bring somebody in who has the money and combine that with your experience and you can find your property deals together.

 

  • It is possible to do ‘no money down’, whilst there may be costs such as legal fees, these could be rolled into the JV deal that you do with the person who’s financing the deal. If you get a loan, make sure those costs are included in the loan.

 

  • Being creative, innovative and resourceful are all ways that you can bypass needing cash. If you can learn to leverage some of the tools and the tricks that you have learnt, you can also bypass having to hire a large workforce.

 

  • The easiest way to structure a JV partnership is to have someone put all the money in without a mortgage (this is easier and quicker) and then someone else does all the work. This is the easiest way to split it down the line. There are a lot of people who want to be hands off investors and JV with experienced people.

 

  • Join all the social media groups, get seen and known on all social media platforms as this is the modern form of physical networking. Start a podcast and interview people who you know have money to help build up your contacts list.

 

BEST MOMENTS

“If you can provide value to people as an individual you will be rewarded for that.”

 

“Essentially you are going into a deal with none of your own money.”

 

“The reality is, everyone that has had a brilliant mentor will say that it wasn’t one or two things it was 1000 tiny little things that they taught me.”

 

VALUABLE RESOURCES

Home

bit.ly/Robsupporter

 

 

 

 

ABOUT THE HOST

Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”

“If you don’t risk anything, you risk everything”

CONTACT METHOD

Rob’s official website: https://robmoore.com/

Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs

LinkedIn: https://uk.linkedin.com/in/robmoore1979

See omnystudio.com/listener for privacy information.

 

[ad_2]

Source link

About the author call_made

admin

More posts

Timestamp

Be the first to leave a comment

Leave a comment

Your email address will not be published. Required fields are marked *

 For anyone looking to expand their real estate horizons beyond borders, this podcast offers a treasure trove of insights from top agents around the globe. Whether you’re looking to showcase your expertise as a real estate professional or uncover the next great investment opportunity as a buyer, Global Real Estate Insider provides the expert advice and market analysis you need to make informed decisions in the global real estate arena.

International real estate platform that connects foreign buyers and investors with international property

0%

Login to enjoy full advantages

Please login or subscribe to continue.

Go Premium!

Enjoy the full advantage of the premium access.

Stop following

Unfollow Cancel

Cancel subscription

Are you sure you want to cancel your subscription? You will lose your Premium access and stored playlists.

Go back Confirm cancellation