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Article > Top 5 Tips for Beginner Lease Option Investors

Article kindly provided by Wendy Patton & Mark Jackson

Property Option Expert.co.uk is an online learning resource centre for landlords and investors who wish explore the possibilities offered by property options.

 

1. Have the right attitude - and keep it: Develop a successful attitude by actively creating a positive mindset, working on your self-control, becoming more disciplined, focused, and by learning from your mistakes. Crowd out weeds of doubt and inactivity with action and expectant belief. Cultivate the mind and create an orchard. You can do this by reading both property investment related books and self-development books like Feel the Fear and Do it Anyway and Eat That Frog!. Be sure to put some time aside for yourself every day – just thirty minutes is a good start – and focus on what you want to achieve and how you are achieving it. Write your goals down and put them where you can see them. The time I give myself every day acts like a keel which keeps the yacht stable when the sea swells get rough.

2. Network for success: A sponge absorbs whatever surrounds it. When you associate with like-minded people your growth and progress skyrockets. Embers glow and warm only when they are together, take one away and it soon cools and dies. Simon Zutshi’s PIN networking events are the biggest in the UK and offer you a chance to learn from speakers’ presentations as well as meet people you will connect with. Is it wise to take the person sitting next you on as your mentor if they’re just starting out in property investing? Perhaps not, but meeting such people is powerful, enriching and through networking you can grow together and share your learning.

3. Learn from the experts: If you want to be successful then get the right training! This is true for any field, not just property investment. Learn from the best by spending time with somebody who is a specialist in your chosen field, even shadowing them as they go about their daily business. You will also learn much faster through experience when you’re associating and joint venturing with somebody who is already successful. Consider getting a coach who will be able to answer all your questions, or investing in a good course. Always ensure your mentor is an investor who is actually doing deals in the UK and not just teaching theory.

4. Take it one step at a time: This might sound like a contradiction to my earlier point, but be careful where you spend your money. It’s tempting to spend thousands of pounds on courses and seminars (and there are many people who would happily relieve you of your hard earned cash) which could be better spent investing in property. Many courses give information that is too advanced for a beginner investor’s needs, so be selective. Cool your engines and do one course at a time, implementing what you learn and only allowing yourself further learning when you start making money from the new skills and techniques already gained. Make sure the presenter has a track record of successful deals, as well as being a great teacher.

5. Enjoy the journey: You will make mistakes, everybody does. An expert is someone who has made all the mistakes in a narrow field. Learn to laugh about them, to know that it is acceptable to make mistakes – that’s how we learn. Just enjoy the amazing journey that is property investment! Isn’t that, after all, what this is all about?

*** Lease Options made Simple ***

Wendy Patton & Mark Jackson

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Lease Options Made Simple (Live in London)

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Saturday, April 10, 2010 from 8:30 AM - 5:30 PM
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West Drayton, Greater London UB7 9NA

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Wendy Patton &
Mark Jackson
Invite You To...

Lease Options Made Simple (Live in London)

Practical, Profitable,Safe

Saturday, April 10, 2010
8:30 AM - 5:30 PM

The Crowne Plaza
West Drayton, Greater London UB7 9NA

BOOK NOW

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