Page 4
The Property Tycoons Newsletter
 

House prices ‘will drop 10% in a year’ (continued from page 3...)

 
 

7.    Adjust your strategy if        required.

8.    Meditation may make you        wiser but only action will        make you richer.

9.    Get on with investing.

10.  Think long term.

My strategy is almost certainly different to your strategy which is almost certainly wildly different to the views of everybody else

Most people read all of this and then think about it for a few months. That’s fine. But while they sit and think others act. These action people figure stuff out. They stick with the winners and dump the losers. Soon they’re making a lot of money.

So now that you’ve planned your work…

Go Work Your Plan!

And remember what Paul Getty (oil baron and one of the wealthiest men in

the world during his lifetime) said – “I buy my straw hats in Winter”.

Buy shrewdly at the right time.

It makes sense my friend.  

Wishing you all the best for 2008 and beyond.

Parmdeep Vadesha
Managing Director
Vadesha Properties Ltd

 

 
Parmdeep’s Bargain Property Marketing Tip Of The Month
 

Property investors often ask me if I know how to find more bargain properties easily, quickly and without too much cost or effort.

Here’s a method you should be implementing in your property business that very few other investors are using – referrals.

When I ask property investors about their referral strategy, they either say “what’s that?” or “yes I sometimes ask people to send deals my way”. That’s not what I would call a referral strategy.

A proper referral strategy is just that – a strategy. It’s something you have written down and clearly

conceptualised.

  1. Make it clear to sellers, lawyers, accountants, estate agents, finders and everyone else you work with that you are actively seeking referrals.
  2. ASK for referrals – Zig Ziglar says “timid salespeople have skinny children”. Don’t wait for referral to come to you!
  3. Send letters to everyone on your contacts database actively seeking referrals. Motivated sellers refer other motivated sellers they know. Estate agents refer other estate agents they know and trust
 

who may be able to serve you in ways they cannot. Finders refer other finders they know and trust who may be able to source you certain types of properties in areas your usual finder does not cover and so on...

4.   Become very active in referring business to other people. They will reciprocate.

A referral has less scepticism, is more receptive and much easier to satisfy then new people who do not know you. Try it out and let me know how you get on via www.tycoons-forum.com

 

 

My Recommended Book Of The Month (continued from front page…)

 

Dennis Publishing is also the owner of Maxim, the world's biggest selling men's lifestyle magazine. The annual Sunday Times Rich List estimates that Felix Dennis is the 65th richest individual in the UK.

His writing style is very straight to the point. No fluff or B.S. which is why I enjoy it so much. In fact I’m currently reading his book for the fourth time! As you read through How To Get Rich, I recommend you make notes on particularly inspiring words of wisdom. Come back to the book every couple of months and do

the same thing. This helps you to focus on implementing the important teachings.

As well as the book of the month, Gold members also get an audio CD of me grilling the Property Tycoons community member of the month through the post each and every month.

The member of the month is picked by the other Tycoons community members largely based on how helpful the member has been on our Property Tycoons Community forum

(www.tycoons-forum.com) - check out our back page to see who our members chose as our member of the month this month!

Gold members are also able to upload and download an unlimited number of documents, images, audio, video and software from the FREE Downloads section of the Property Tycoons forum.

To learn more about Gold membership check out:

http://www.property-networking.com/
 

 
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