Inspiration for January
January to me is like a month of Monday’s. In fact, it is the shittiest month by far.
To counter my feelings towards January, I went looking for some inspiration. I found it at PIN Meetings: PIN
PIN are a training company for property investors. You are taught by the experts. It can also get you around like-minded people.
This January every PIN meeting around the UK has included case studies. Successful students telling us about some of their deals and portfolios.
It is a way of motivating the attendees on the PIN meetings. And to be honest, it is a way of funnelling potential customers in to training courses.
The case studies
Each case study starts off with a bit of their background story. Literally, 9 out of 10 of them found initial inspiration from reading Rich Dad Poor Dad (Robert Kiyosaki). And most of them have also read Property Magic (Simon Zutshi). Two awesome books I highly recommend.
The case studies illustrate what is possible with a change of mindset. What is possible when you get taught by the experts. And what is possible when you get around like minded people.
Some of the investors have achieved far more than I have in much less time. What I have achieved in 18 years is poor. One of the reasons is because I have done it alone.
The case studies have motivated me to push harder. They have set off a fire work up my ass – and that is what I need!
Especially when you hear Valter Pontes’ story.
Here is a brief summary:
- 1st year property investing – he made £180,000 deal sourcing (basically packaging property deals and selling them on)
- 2nd year on Master Mind (year-long training with Simon Zutshi and his team) he made 2.5 million
- He won Master Mind and has been featured in Forbes magazine
I can’t do him enough justice so I will point you towards YouTube: Valter Pontes
The man is a beast of a property investor. And his story is worth a listen. Me being a big puff, almost shed a tear.
As well as reading Rich Dad, all of the case studies have something else in common. They have found a way to massively improve their mindset.
Personally, this is something I am working hard on. I had 10 years of being negative and it has proven hard to reverse: Negative About Property
After 2 years of self-development, I have made big improvements. But I still need a lot of work.
The deals discussed in the case studies are hard to comprehend. I couldn’t get my head round some of them.
An example was someone securing a PLO (Purchase Lease Option) on 5x HMOs (House of Multiple Occupation).
This investor made the deal with a tired landlord. The portfolio is worth £1.9 million. And the rental income is £48,000 pa.
That would be FI (Financial Independence) for me and no more working away. I have to stop worrying about the how. And get around investors who will provide the inspiration I need.
My questionable mindset kicked in a few weeks ago.
I almost paid to go on Master Mind training with Simon Zutshi. But the tightness kicked in and I backed out. This is the type of mentality that is holding me back.
I am doing a 3-day course at the start of March. If that goes well, I am going to do the MMA (Master Mind Accelerator) course at the end of March. If that goes well, I am going to force myself to do the 12-month Master Mind training.
‘If You Always Do What You’ve Always Done, You’ll Always Get What You’ve Always Got.’ – Henry Ford
If I keep investing by myself, I’ll keep getting very average results. But if I push myself hard and get around other investors, anything is possible.
Book of the week:
Think and Grow Rich, by Napoleon Hill. This is a classic self-development book. And will help you realise that anything is possible!
For a hard copy visit the excellent Imagined Things Bookshop: Imagined Things