I need to figure this out on my own...
When I was starting out in property, I was convinced I was the only person doing what I was doing. No one had my targets. No one had my ideas. No one had my vision for where I was going.
Property investing seemed difficult and daunting, but dammit I was going to chart new terrain and forge new ground, blaze the trail, and do something no one else had done before.
Well, not exactly. A simple search on google or browse through Facebook or flick through the news and it turned out that thousands of other people were investing in property too. Who knew!?
This small realization was a huge relief, and thankfully, it came quickly. It meant that instead of trying to come up with a better wheel, I could follow tried and proven steps that other people had tested before me.
I could talk to investors who had bought HMOs, done lease options, developed a house into separate flats and learn from their mistakes and their experiences. I didn't have to figure it all out on my own, and if I tried to do so, I would only extend the time it took me to achieve my goals and realize my vision.
So I started talking to and asking questions of anybody and everybody I met who had been investing in property. It didn't mean I blindly accepted everything they said -- things change and people don't always keep up to date -- but it did mean that I could tap into their experience for lessons I could apply to my own property business.
And it was amazing how generous people were with their time and expertise. I may have gotten lucky with the people I encountered, but I am a firm believer that you get what you put out into the world. If you are willing to share and be open then other people will be the same. Sure, I couldn't offer property expertise back then, but I could offer a testimonial or a connection with someone in my network, or simply offer the satisfaction that comes from helping someone. (I know from my own experience that it feels good to help other people, and most human beings want to be helpful if given the chance.)
Now, I totally understand that finding and meeting people might not be something you can fit into your schedule right now, so in the meantime, why not at least learn from people's written experiences? There are tons of property books and magazines and forums and Facebook groups where investors share their experiences, exchange knowledge, and offer case studies. (One of the best property magazines out there is Your Property Network magazine, and you can check it out here: https://www.yourpropertynetwork.co.uk/thank-you-blueinfinityproperty/)
Read a book, join a Facebook group, work with a coach who has achieved what you want to achieve, and learn from others who are investing. The same is true no matter what industry you are in. So tap into the knowledge that is out there before you try to come up with a better wheel.
You will save yourself a lot of time and stress, and may even accelerate your progress, if you do.