Last week we talked about setting goals. Having decided on those goals, the next step is formulating a strategy that allows you to hit them – and that’s what we’re going to help you do over the next few years.
In this first part of our three-part series, we talk about the factors you need to consider in putting together a bare-bones property business plan. Before getting into specific strategies, we talk about what you need to take into account regarding your most precious resource: yourself!
It involves knowing your goal, your timeframe, your capital input, your “angle”, and more. We get you thinking about all the factors this week, talk about specific strategies you could implement next week, then wrap it all up by talking about exactly how to put it all into practice.
Strategy is absolutely fundamental to the whole enterprise of property investment – and even if you’re already well underway, you should constantly be revisiting and revising your approach as circumstances change. So take a listen, get thinking, and prepare to get strategic!
Resource of the week
We’re putting together a dedicated strategy page to hold all the resources, worksheets and extra links we mention as part of this series. Check it out at thepropertyhub.net/strategy.
Rob D also highly recommended the new film, The Big Short. If you prefer to read the book (or listen to the audiobook) the film was based on, you can check it out here.
Reserve Rob D’s new book, and get your bonuses!
Rob D has a book coming out on 28th January, called The Complete Guide To Property Investment.
You could wait until it comes out…but that’d be no fun. Instead, if you reserve your copy you’ll be sent extracts immediately and be eligible for a whole bunch of bonuses when you buy.
Those bonuses include:
- Chapter-by-chapter audio notes from Rob, with extra material he couldn’t/didn’t want to put in the book itself
- An invitation to an exclusive online Q&A (only for people who reserve a copy)
- Plus some extra surprises over the next few weeks that he’s not sharing yet!
Basically, if you’re going to buy the book anyway, you’d be mad not to reserve a copy now: there’s still nothing to pay until release day, and you’ll get extra stuff for the same price.
It couldn’t be easier: just head over to propertygeek.net/book and enter your email address. That’s it!
News this week
We’ve spent plenty of time talking about the spectacularly unpopular (among landlords at least) new mortgage relief rules – and now a group of landlords has successfully funded a judicial review intended to block it.
Join the conversation
What’s your strategy?
How did you decide on it, and how has it evolved over time?
We’d love to know, so join the discussion in The Property Hub!
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