How to Start A Property Business

Liam Ryan - How to get started in property

Many people today recognise the opportunities that lie in property investment. In fact, it’s recognised as one of the most well-known investment opportunities out there. But while people recognise just how lucrative property investment can be, getting started as a beginner can be daunting.

The first barrier many people encounter is finances. It’s a common misconception that in order to get started in property, you need to have inherited a fortune or spent decades building an empire. However, if you’ve followed my journey, you’ll know that not be true and in fact, in the training myself and my team over at Assets for Life offer, we help candidates build and grow their own property portfolio without any capital investment.

Finances aside, there are other obstacles than can hinder many from pursuing their dream and living life on their terms. In this article, I take a look at some of the challenges that newbies are likely to meet and break down the necessities needed to help you to take the plunge and kickstart your own property investment journey.

Mindset

In the words of the famous Henry Ford, the founder of the Ford Motor Company, “whether you think you can or you can’t, you’re right.” No doubt, your mindset plays a large role in determining the direction of your life. Before venturing into property, you need to get in the right mindset to enable you to visualise and execute.

Research and Planning

The notion ‘if you fail to plan, you plan to fail’ definitely applies when it comes to property. Extensive research and strategic planning will help you minimize risk. The idea is to cover all bases and with the help of our step-by-step extensive training, mentorship and free resources, you’ll be well equipped to effectively launch and grow your own property business.

Funding

The financial aspect of your business is one of the most important areas to consider and effectively plan for. It can be the difference between business success and failure. Finetuning this area for example by exploring sources of finances, financial projections and cashflow forecasting etc is crucial.

Networking 

Meeting, connecting and collaborating with the right people is essential in growing any business. For me, one of the turning points in my entrepreneurial journey was meeting my business partner and co-founder of assets For Life, Jay Munoz. From forming that connection and discovering that our passions aligned, Assets for Life was born.  So my advice, never underestimate the power of networking particularly when starting out in your property journey.

Connect with Liam

To stay up to date with the latest news, insights, high-impact strategies, and property events, be sure to follow me on social media!

Leave a Reply

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