What Do You Want?

Property Sourcing Profits Podcast

David is taking his inspiration from forums, other deal packagers and recent conversations as he reflects on the question ‘What do you want?

It can be easy to make comparisons with others but they are only showing the world what they want the world to see.

The true secret to success is to know exactly what you want and understand that everyone is different, what you want will not necessarily be the same as the person next to you.

If an activity it brings you happiness and gets you closer to who you want to then do it and make it part of what you want.

KEY TAKEAWAYS

• It’s not often you get a chance to really think about what you are doing.
• Forums can be quite dangerous places because people only show and share what they want you to see.
• The only question that matters is ‘What do you want?’
• You really need to understand what the answer to the question is.
• The secret of success is to know exactly what you want.
• What is your vision? Who do you want to be and where do you want to be.
• Your vision may not be the same as what you want.
• As the cycle of life unfolds your vision, who you are and what you want to achieve will change.
• You have to factor in the people who will help you on your journey to achieving your vision.

BEST MOMENTS

‘Don’t make the comparisons because it’s not a fair one’

‘When you spend all day on various forums it can be quite soul-destroying’

‘ Before lockdown, everything was going at a 100 miles an hour and I don’t want to go back to that place’

VALUABLE RESOURCES

Property Sourcing Profits Podcast

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

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

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

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/