How to Achieve Passive Income From Property& Fuel Your Passion

‘Surround yourself with the right people because one thing leads to another’    In this episode, David is in discussion with Toni Gargan, who with her partner has built a lucrative property portfolio and developed a successful career as a public speaker.    Toni shares her journey and the importance of having the right support to secure rapid growth for your property portfolio. If you are wondering about how to begin in property investment then this inspirational podcast will tell you how and why you should get started now.       KEY TAKEAWAYS  Why property?  The move to be in property was inspired by my husband’s interest and his drive to be his own boss. He was also looking for a way to leave a job he was unhappy working in.  We undertook some property training and realised that you can do it with the right knowledge and help. We began by spending a minimum of 10 hours a week researching property.    Why did you choose progressive property?  We had been to a different training company previously and although the training was good there was no support network available and this put things on hold.  We continued our research and learning through webinars and listened to a podcast by Rob Moore that was about network and support. This made us realise that it was possible to begin a property journey with the right support network and opportunities to continue learning.  We attended a one-day event and it changed everything. It was suggested that speaking at property events might be something I could do.  It really interested me and was a possible income stream but we needed to have a property portfolio so that people would buy into us as people.    Where are you now?  Now I deliver for lots of training across a range of events for Progressive Property. The passive income from our property portfolio gives me the opportunity to pursue my career as a public speaker.  I deliver different training around joint venture finance, property and public speaking and I totally love what I do.    What skills have you developed as a speaker?  I get a huge buzz from speaking but it also helps with property and getting good deals. It has helped me to raise finance as I am often approached by possible joint venture partners when I speak at property events.    How important is the VIP community group?  When I initially walked into the room and everyone was networking, it felt overwhelming but I soon realised the atmosphere was full of energy and positivity.  People opened the group up to let you listen or speak and to be a part of it, I’d never experienced anything like that before.    Where are you now in your property journey?  I was frustrated as we were finding deals but were then unable to act because we didn’t have the money. My mentor highlighted the choice I was facing ‘100% of nothing or 50% of something through a  joint venture’  It was a moment of change when I realised joint venturing was a positive solution to the challenges we were facing.  The relationships we had built with various agents and knowing what we could purchase a property for, was the catalyst for developing property packaging, it was missed money not to package them.  Currently, we have moved into working with blocks of apartments and are in the position where following the refurbishment there are multiple possible exit options.       BEST MOMENTS  ‘A big part of it was being part of the community’  ‘A massive part of it was having help from other people’    ‘I’m like a dog with a bone if someone sets me a challenge its ‘watch me do it’    'No one is going to buy into us unless we have a property portfolio'   ‘Because of my property investments, all my basic needs and costs are covered’  ‘You don’t think you are ever going to be there you're seeing all these great things’    ‘You’re finding these great deals and what are you doing with them’    ‘I’d missed out on so much money waiting to raise finance’  ‘Following the system with intelligence and energy’  ‘Holding the asset is what makes you wealthy over time’    ‘Start with the end in mind, sit down and work out what might happen for any eventuality’    VALUABLE RESOURCES  https://www.progressiveproperty.co.uk/  https://unlimited-success.co.uk/   https://www.facebook.com/groups/progressivepropertycommunity/  https://itunes.apple.com/gb/podcast/property-sourcing-profits-podcast/id1384873667?mt=2       ABOUT THE HOST  David is a property expert with over 25 years’ experience and his own portfolio of 26 units. His current rent roll is in excess of £10k per month. He is also a partner in a Deal Sourcing and Packaging business in the North West of England and has sourced over 250 properties for investors since 2004.  In recent years he has, by necessity, had to develop an expertise in LHA strategies. This area is increasingly becoming a niche for him, and he enjoys empowering other landlords by sharing the knowledge he has gained.  The ultimate purpose when sourcing properties in this sector for investors is to minimise risk while maximising profit. He has had to find answers to the challenges of Tenant Find, Management, ensuring rents are paid and the transition to Universal Credit. These are strategies he uses in his own business and also on behalf of investors. His investor clients regularly achieve annual gross yields of over 20% with high occupancy rates and voids resolved, sometimes within hours.     CONTACT METHOD  https://www.linkedin.com/in/david-siegler-7b126316/  https://www.facebook.com/DavidSieglerInvestments/          ABOUT THE GUEST   Toni Gargan is a Double World Record-holding Public Speaker, Mentor, Entrepreneur, and Professional Property Investor. She acts as the Director at Owen Oliver Property, a family-run property investment company helping others gain passive income through investing.  Aside from building her amazing property portfolio, she’s also a full-time mentor for property investors through Progress Property and Unlimited Success. Toni has since then discovered her true passion – helping others by training and mentoring through public speaking.  She now hosts her own show, Presenting, Pitching & Public Speaking Podcast, which aims to help you be confident, improve your speaking & communication skills and present better for you, your team, and your business.    CONTACT METHOD  https://www.linkedin.com/in/toni-gargan-627b0a100    https://twitter.com/tonigargan?lang=en