What Makes a Property Deal Packager Successful?

Property Sourcing Profits Podcast

What makes some people successful and others not?

David looks at this question and explores what in reality the difference is between the people who desperately want to do it and but can’t and those who can in the world of property.

There are deal packagers out there finding investors and getting deals and they are those who have understood that it’s all about building relationships because all humans in all aspects of interaction move through the process of know, like and trust.

When you are positive, believe in yourself and can build relationships you will be on the journey to building your property business.

KEY TAKEAWAYS

• Be positive – it won’t work if you aren’t and it has to come from within.
• Building relationships is the key and you have to believe in yourself.
• Human beings have to go through the know, like and trust process.
• Time spent with the estate agent is about building a relationship of trust, they need to trust you can get the job done.
• If you can’t build a relationship with the estate agent you are unlikely to be able to get the deals you want
• You have to be a person they want to work with, be credible and professional.
• They have to believe you are going to get the job done.
• Know your script, be credible, professional and practise, practise, practise.
• You may be new to property but you aren’t new to life, you have a wealth of experience before property.
• If you don’t believe you are a successful property investor then no one else will believe it either.

BEST MOMENTS

‘The way you believe it is in your head, so practise is everything’

‘I what to serve the estate agent because I want them to want to work with me’

‘Maybe they like you but they don’t have to like you to want to work with you’

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/