Liam addresses the challenges and uncertainties that new property investors often face, focussing on various aspects of property investing, such as finding deals, using other people’s money, building a power team, and overcoming objections.
KEY TAKEAWAYS
- Property investing is accessible to everyone, regardless of their background or experience. It is possible to build a property portfolio using none of your own money and generate significant returns.
- Mindset is crucial in property investing. Belief comes before skill set, and working on your mindset is important to overcome limiting beliefs and achieve success.
- Funding is essential in property investing. Building relationships and having conversations with potential investors is key to securing funding for deals.
- Choosing the right property strategy is important. Whether it’s high cash flow strategies like single lets or more complex strategies like commercial conversions, it’s important to choose a strategy that aligns with your goals and start taking action.
BEST MOMENTS
“What’s return on investment? How to use other people’s money? Who do you need in your power team?”
“You can build a multi-million pound property portfolio using none of your own money.”
“The reason most people fail in property is because they don’t do the work.”
“Belief comes before the skill set.”
FULL TRANSCRIPT
If you’re listening to the dealmaker podcast, hosted by multimillionaire property investor, entrepreneur, and Guinness World Record holder, Liam Ryan, discover how to start scale and grow your business, become a better negotiator, create more opportunity and make massive profit so you can live the life of your dreams.
In this podcast, we are going to do a session on investing for property beginners property investing for beginners, that is what we’re going to be talking about today. If you’re watching this video, and you are new to property, oh, my goodness, it can be a mind at film out there. What is the right strategy? How do you find deals, what to say to agents, what’s return on investment, how to use other people’s money? Who do you need in your Power team. If you are someone that wants to start scale and grow a property portfolio, maybe you’re finding it difficult right now, because you simply do not know where to start, you do not have a plan, you have no idea what to say to agents, how to overcome objections, even how to put an offer in or do a refurbishment. Or perhaps you’ve got some misconception that you need to go to university, you’ve got to have a degree, you’ve got to be a multimillionaire or have access to hundreds or 1000s of pounds. Or perhaps you need to be a builder or an electrician or estate agent in order to become a professional property investor.
So what I’m going to do in this session, we’re going to scrap all of that, I’m going to take you through the basics, because I got some great news. It doesn’t matter who you are, where you’re from, what your situation is, every single person can become a professional property investor, you can build a multi million pound property portfolio using none of your own money, you can start generating 15,000 pounds per year per property, you can use properties you do not even own, you can go and do big deals, you can start making 250,000 500,000 pounds from one deal. You can do this part time, five to seven hours a week alongside what you’re doing. And you can relatively quickly get yourself in a position where you’ve got more time, more freedom, more energy, more finances, so you can do what you want. When you want with who you want. You’re literally just one or two property transactions away. Property is all about building relationships. You do not have to do this full time. You do not have to use your own money. And you can get started. Even if you’ve got no experience. Look, we all start at point zero. That’s the reality. It doesn’t matter what you’ve done in life, what you’re going to do in life, at some point, we all start with no experience, hey, driving a car or riding a bike, there was a time in your life where you didn’t know how to do those things.
So when you want to learn how to drive a car, what do you do, you go find a great teacher, you invest in training, you invest in lessons, and over a period of days, weeks, hours, you get better and better and better and better and better. And then you’re ready for your test. You pass your test, you feel amazing. And then the real work starts and you get better and better and better. It’s the same in property. It’s all about keep it simple. follow a process. Do the next right thing. Get around great mentors, of course, get the right education and do the bloody work. The reason most people fail in property is because they don’t do the work. They allow some bullshit excuse to get in the way. I’m too tired. I haven’t gotten the confidence. I don’t have the money. My life is not working. It’s the government’s fault. Look, no one is coming to save you. Only you can save you. But when you get around the right community, you get around the right people. You can scale fast. You can literally have your first offer accepted within the next 30 days if you make the decision today to do this look, my name is Liam Ryan. I’ve been in property for over 20 years. My first time round disaster. I lost over 2 million euros. I did everything that you should not do. I bought overseas Off Plan below market value. I was watching homes under the hammer, watching YouTube videos reading books, I thought I could do it on my own. I lost over 2 million euros first time round. It was a really, really, really difficult period of my life. Look, it wasn’t that the game of property was wrong. It’s just that the player wasn’t playing it right. My second time around in property.
These last eight years have been incredible. As a new property investor eight years ago, what did I do, I focused on the right strategy. I invested in training invested in mentoring. And in the first 90 days, I got my first three property deals secured using other people’s money, these properties, were going to generate 15,000 pounds each per year. If you had three of these types of properties in your portfolio in the next 90 days, and you knew you were going to add 45,000 pounds onto the bottom line. What difference would that make? Could you make better decisions? Is that going to give you more energy more confidence, make you a happier person, give you some of that self belief back take you on a new adventure? Are you going to feel like you’re winning? How do you do this, I’ve got one system that I’ve been using now for over eight years. It’s called the property freedom formula.
So there are seven simple steps to follow. In order for you to become a property investor, how to find deals, how to fund deals, how to fill or flip those deals. Not many people know this. But the people that know this in the UK right now, the people that I’m personally working with, they are getting some of the best results, ordinary people getting extraordinary results. So let me tell you what this is. It’s called the property freedom formula. We’ve got seven steps. Step number one, this is the most important part of the process is mindset. And if you think you can, or if you think you can’t, you’re probably right. You don’t have to be great to start. But you have to start to be great. And working on mindset is really important because belief comes before skill set. Yes, that is so true. belief comes before the skill set. Sometimes people really struggle with their belief, what they tell themselves, the monkey on the shoulder, their belief system, their capabilities, and most people and maybe you can relate, you are playing at a low level right now. You are underachieving. You haven’t even scratched the surface and it’s because you haven’t opened up the right part of the brains. Look, the bottom line is, you hang out with five skinned people, you’re going to be number six, you’re hanging out with five negative people, you’re going to become a negative person, you hang out with five unsuccessful people, you’re going to become unsuccessful. S
o one of the most important parts of becoming a property investor is to start hanging around property investors get in a great network assets for life. This is an incredible network. And I’ve got 1000s of people we’ve trained now over the last eight years, people really do care, just people like you and I just hanging out talking property working on our goals getting results. So mindset is key. The second part of the process is funding. And you can build a property portfolio using none of your own money and the way you do this is by building relationships, having more conversations, understanding how you’re going to structure deals of investors, the different types of products. These four products actually right, I’m going to share these with you I want to give you some great content in this session, you have got savings accelerator, portfolio, build a buy to sell and the sourcing solution and each of these products do something a bit different, they appeal to a slightly different investor.
My favorite one is the savings accelerator. This is simply where you will borrow money from somebody you know, they will lend you X amount of money for X time period or X percent return. You’ll then use that money in your property business to go and do no money down deals. So funding is essential. There’s more money in the world than ever before. It’s easier to raise money. And if you sit in here with no money right now, you’ve got to become investable. So you got to work on your confidence work on the branding, set your company up, you know work on how to talk better build that confidence and really get yourself into more conversations 17 percent of your time needs to be spent having new conversations building new great relationships because you are investable, then we’ve got site finding. There’s so many property strategies, right. So this is a key element of the process, choosing the right strategy for you. That might be a high cashflow strategy, maybe that single let’s maybe you’re going to go into commercial conversions or land development doesn’t really matter where you start, the important thing is to start. And what I believe over a period of time is to build a diverse property portfolio of different strategies. Once you’ve got your strategy, you’re then on to step four, which is the numbers appraisal. Many people get this wrong that are doing that on their own. Rookie investors make this mistake all the time. And they buy property based on emotion or how it makes them feel you got to buy based on the numbers. So we have processes, we have spreadsheets, we have everything that you need. So you know, if a deal stacks up, once you’ve done that you’re going to put in your offers, you’re going to have offers accepted. And then you’re onto the planning process. These are the rules, the regulation, the do’s and the don’ts. And also planning your time. Look, top 1% performers, they outsource, they leverage they focus in on high income generating tasks and this is part of the Freedom formula. So you can earn more, you can do less, you can live a life of freedom.
So you can do what you want, when you want with who you want and then once you’re into planning, you’re then on to the construction. Is there a small, medium or large build team you need? How can you maximize the square footage? How can you reduce the build costs? How can you add the most amount of value, I don’t do a single build thing on my properties. We outsource and leverage that. Once you’ve done the construction, it’s ready to go. Then you’re onto step seven, which is the exit my friends the exit, and you’re buying or you’re selling or you’re holding? How can you maximize ROI? How can you sweat the asset, they are the seven simple steps that me and my graduates follow on a daily basis on how you can become and start being a property investor. It’s actually not that difficult. But like all things you need help support coaching guidance, a bit of encouragement, a kick up the ass from time to time a cuddle from here and now and this is really what the assets for Life Community is about one system 100% of the market that will give you those guaranteed results. Remember, step one mindset, funding site finding appraisal planning, construction and the exit. And when you follow all seven steps, you will get incredible results. I really hope you’ve enjoyed the seven step beginner guide to property investing, it’s available to everyone, the markets really lucrative right now, there’s so many different ways to make money, there’s lots of opportunity.
If you are tuning into this, and you are somebody that wants to start scale and grow a property portfolio, you’re looking to get out the rat race, you want to build a legacy you want more time, you want to go on a new adventure and win in life, then click the link somewhere in the description. Grab your free ticket to one of my upcoming events. Come and hang out with me and my team will show you what to do. We’ll show you what to say. We’ll have a lot of fun along the way and you can really be a winner and be that inspiration for the family, for your children for your loved one so you can have more holidays or better lifestyle. You’re just one decision one property there one investor away.
I really hope you’ve enjoyed listening to this piece of content and really getting a better understanding of the seven step property freedom formula. It is available to every single one of you. If you want more tips, more tricks, more content, and you’re on Instagram, go to Instagram right now. Get your phone do it right now. Search Liamjryanwealth. Follow me because I’ll take you behind the scenes. I put new content out every single day, and I would love to connect. Thanks for tuning in and I’ll see you on the other side.
You’re listening to the dealmaker podcast, hosted by multimillionaire property investor, entrepreneur and Guinness World Record holder Liam Ryan, discover how to start scale and grow your business become a better negotiator create more opportunity and make massive profit so you can live the life of your dreams, dreams.
GET IN TOUCH
Click here to register your interest for one of my upcoming FREE events.
