Today
I am a financially independent property investor. The
passive income from my properties more than covers my
lifestyle. I don’t have to work. Instead I am
fortunate enough to be able to follow my passion which
is speaking and helping other people to become financially
independent through their property.
However
it was not always that way. I started to invest in property
in 1995 and for 6 years I was buying property learning
by trial and error, making lots of mistakes, feeling
I was doing it all alone. That was until one day it
struck me like a bolt of lightning, that there must
be other people who had done this before me from whom
I could learn to save me time, money and effort. Connecting
with other investors has been a major contributor to
my success.
I attended my first property seminar in 2002. The seminar
itself was useful and although I was already using many
of the strategies that they taught, I certainly learnt
some new strategies and was reminded of some that I
knew of but for some reason was not applying. The other
major benefit of attending the seminar was meeting the
other investors, like-minded people who were interested
in achieving the same thing as me. Having left the seminar
all fired up I thought it would be great to keep in
touch with the other delegates. The problem was that
I could not find any property networking events and
that is when I decided to set up my own. Now we have
property investor’s network meetings every month
in 12 cities around the UK. The idea is to provide a
supportive environment for you to become an even more
successful investor.
In this article I would like to share with you some
tips on how to make the most out of property networking
events.
The
4 main benefits of attending networking event
1. Meeting like-minded people who understand
what you are doing and provide a supportive environment
for you to learn more. This is particularly important
if your family and friends just don’t get it.
As investing in property can be a very lonely activity
especially
2. The ability to find contacts and
service providers from word of mouth recommendation,
to minimise the element of trial and error that most
investors experience.
3.
The opportunity to keep up to date with what is happening
in the property market and new strategies. This is particularly
important now when the market has changed so much over
the last 18 months. The strategies which worked two
years ago are probably not the best strategies to use
right now.
4.
To find other investors who can look after your property
for you and even source good investment opportunities.
This is particularly useful if you want to invest in
an area a fair distance from where you live. Simply
attend a few networking events close to your desired
investment area and you will probably find full time
investors who can help look after and grow your portfolio.
So
as you can see there are lots of great reasons to attend
property networking events. But what do you do when
you get there?
Here are 3 steps to maximise
your networking experience:
1. Before you go to the event: Work
out what you want to achieve by attending. Maybe you
want to find someone who can recommend a good handyman
or letting agent in your area, or you want an investor
to put some money into a joint venture. Whatever it
is, write down a clear intention so that when you meet
people at the event you can clearly explain what you
are looking for. Also think about any other investors
who you know who might be interested in attending such
an event and invite them to come along with you. Finally
make sure you have some business cards to take with
you for when people want your contact details. They
don’t have to be fancy or expensive cards just
something with all your details on. You can get some
free business cards from people like www.VistaPrint.co.uk
2. At the event: Plan to arrive early
and leave late. Speak to as many people as you can.
Of course you should say hello to the people you already
know but make sure you also speak to people who you
don’t know. When you meet someone ask them what
their name is, where they are from, what they want to
get out of the meeting and how you can help them. Be
interested in them first rather than telling all about
you. Look for how you can help the people you meet.
Also think about people you already know who may like
to meet them. Make sure you also collect cards from
all the people you meet. You may also like to write
a little note on the card to remind you what they were
interested in and how you might be able to help.
3. After the event: When you get home
go through all of the business cards you have collected.
Send a follow up email or text to everyone you met.
Reconnect with them and send them any information and
contact details you promised to give them. It is best
to do this follow up the day after the event so that
people remember you and the conversation. Keep in touch
with them and build your personal contact list. There
is no doubt the more people you know the more successful
you will be because you will have a number of people
you can call or email for advice and help.
There is of course another point to consider about networking.
I think many investors don’t attend networking
meetings because they really don’t like the idea
of going into a room full of strangers and having to
make small talk! The thing to remember is that the vast
majority of people at property networking events are
very friendly, approachable and happy to talk with you
about property. You already have a common interest with
everyone who is going to be there. I understand that
some people may be nervous but it is good to push yourself
outside of your comfort zone occasionally. I like to
think that at the pin meetings we aim to make everyone
as welcome as possible. We have a formal networking
part of the evening which makes it easier to connect
with other investors and make some new friends.
I have also met some experienced investors who don’t
believe they could gain anything by attending a networking
event because they are already very successful and think
they know it all. Well the fact is you can never know
everything. You can also build on your existing knowledge
if you are open to it.
I
have been running my own seminars since 2003, I have
an Amazon No 1 best-selling Property Book called Property
Magic, but even now I am still learning. I don’t
claim to have all the answers. I attend other people’s
property seminars with a positive expectation that I
will learn something that I can use.
Why not come along to one of our evening seminars and
see for yourself. Admission is just £20 per person
for the evening when you book on line and £30
on the door.
To find out about the property investors network meeting
closest to you just visit www.pinmeeting.co.uk
If
you would like to read my book “Property
Magic” it is available now CLICK
HERE
Until
next month, invest with Knowledge, invest with skill,
Kind
regards,
Simon Zutshi
Founder,
property investors network
www.PropertyInvestorsNetwork.co.uk
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