Property Market: Crash & Burn or Boom & Earn?
Tej Talks: Being Better - A podcast by Tej Singh
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BOOM! Or BUST?Have you got a crystal ball? If not, then you don't know when or what's going to happen in the UK Real Estate market either! It's a tough game predicting, I'll leave that to the Sky News TV presenters to have their fun with the Property Market.You can make money in property in any type of market, however certain elements get harder. Right now, finding and refurbishing is the toughest part. Selling or renting seems to be easy, but I've never had a time when they were particularly hard in the property market. Property Education is important when investing, but that will never be able to predict or help you time the market.Find what works, adapt and evolve as needed.This was recorded end of August 2021.What's happening right now in the Property Market? It's crazy, we know that. Prices are so inflated, people are going so crazy for crap properties, it's irrational, it's silly and it's driving Investors out of the market.I share my thoughts, and what you can do right now to find deals and keep your momentum and pipelines going.P.S I recorded this as part of a YouTube series (go subscribe) so the Audio Quality is different to usual.About your host, Tej:Tej graduated from King's’ College London with a BSc Biochemistry in 2014, he then pursued a career in Medical Education and Marketing. Soon after his second job… he was fired! A moment of relief and freedom was what he felt, not sure what his mother felt when he told her he was jobless at 23…He then went in search of a more ethical path, a business he could set up where the reward was equal to the work put in. “If they are making pounds, why am I making pennies?” - was his thought process, not happy with slow progression and bureaucracy (& having to wear smart shoes everyday). This lead him to opening a Recruitment business (not sure where the ethics went) which doubled in profit every year, for 4 years. He hated it. Golden handcuffs they call it.Fortunately, he used the cash he’d built up from that business, to educate himself in Property Investing. Soon, he’d stopped the business and transitioned into Property Investment full time. He then had a slow start -Purchasing 15 properties in his first 9 months, using over £650,000 of Investor Finance, he built a £1,200,000 property portfolio and created £30,000 of profit from flips. This gave him ‘financial freedom’, but it was the most stressful period of his life. Growing quickly is very painful.Let’s not forget that his Podcast grew to be the most-reviewed UK Property Podcast, peaking at 4,000 unique downloads per episode.His Podcast (Tej Talks) now sits at 660,000 downloads in over 100 countries and has 489 reviews, rated 5/5. Links:Tej InvestsTej TalkseLearning Hosted on Acast. See acast.com/privacy for more information.