Do you ever feel that you are like an entrant in the Cooper’s Hill Cheese Rolling event (if you have no idea what I am talking about it is bonkers search it on YT!)
Lurching to chase after one piece of rolling cheese, only to have another cross your path, another curve ball you, a few more pop up, everyone chasing the same cheese and before you know it game over.
Getting into property is akin to this…
I had the pleasure to speak with a lovely lady who had been dipping her toe into the world of property for a while and with mixed success.
She is intelligent, positive, hard-working, ambitious but she had one simple stumbling block – she did not have a plan!
Yep, that was it no plan, she was chasing a million cheeses, darting from idea to idea, was it BTL, was it new builds, should it be title splits, where, what price point, the list goes on.
With a few issues along the way, she was confused on what to do next. Everything seemed overwhelming, there was just too much choice and no clear plan.
Which is where I stepped in, some 3 hours later, some clarity had emerged and along with our Financial MOT Workbook, positive and constructive steps were taken.
She now has a plan.
- Identified what funds were needed to retire.
- How she was going to achieve this.
- Which strategy to use.
- Identified the timeframe.
- Assessed the level of risk.
- Picked an area.
- Worked out how to build relationships with agents.
- Lined up her funding.
- Picked a price point.
So, if you need clarity in your plan, drop us a DM.
Don’t keep chasing the cheese!