Mastering Your Numbers: The Ultimate Property Investing Cheat Code

Simon breaks down why knowing your numbers is the ultimate competitive advantage for property investors. You'll learn how to quickly analyse property deals in under five minutes, factor in hidden buying costs like stamp duty and finance fees, and confidently evaluate Buy-Refurbish-Refinance-Rent (BRRR) projects even when money is left in the deal.

KEY TAKEAWAYS

Knowing your numbers and quickly identifying viable deals saves you hours of over-analysis and prevents overspending.

Many investors overlook the true impact of hidden buying costs, such as stamp duty, legal fees, and financing rates, which can render standard purchases unviable.

Even if a BRRR project requires you to leave capital in the deal, a high return on investment (ROI) can still make it an incredibly lucrative opportunity.

Providing property surveyors with a well-prepared valuation pack increases your chances of achieving the end value required to successfully refinance.

BEST MOMENTS

"Knowing your numbers, and being able to work out very quickly if a property purchase is a deal or not, will save you hours and hours of time of over-analysis."

"As investors, we must always be following golden rule number one... which is we need to buy from motivated sellers."

"The reason many people are struggling to find investment properties at the moment is because... they’re not 'no money left in' deals... and many people are walking away from those deals thinking they just don’t work."

"By giving the surveyor a pack of information... it’s far more likely you’re going to get the valuation that you are looking for."

VALUABLE RESOURCES