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Property Investing the Ethical Way with Rick Gannon
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As business people, some become too aggressive to ensure that their investment yields big returns and in the process, often forget how to be ethical and moral. The world has been affected by the Coronavirus pandemic and pushing people down and negotiating for too low prices is not a good thing to do.
In today's episode of The Roadmap to Wealth Show, I am going to talk to property investor, Rick Gannon, a Co-Founder New Era Training, author of two best selling books, "House Arrest" and "45 Ways to Find Property" and creator of property management software, “Go Tenant”.
Rick is going to answer important questions you may have wanted to ask him personally, around the subject of property investment and get tips and advice in order to succeed. If you're looking for opportunities and want to start on property investing, listening to this podcast is a good way to start.
Enjoy listening!
What You Will Learn From This Episode:
- How Rick Gannon start into property investing
- How to position yourself during this time of Coronavirus
- As business people we need to be aggressive, but still be ethical
- What in Rick Gannon’s business is local and global
- What is "Go Tenant" software and how it works?
- How to avoid buying blindly and minimize the risk?
- What are the risk in property investment and steps to take to avoid such risks
- Steps to take to avoid bad tenants
- Tips for people who want to start in real estate investing
- How to negotiate and add value of property you are buying
- What to look for in a coach and a mentor, what is the difference between the two
- Common mistakes by beginners and RIck Gannon’s advice to them
- How to manage your team
Quotes:
“Life is short, so we're only here for a moment.”
“I don't think that now is the right time to be trying to push people down and negotiate really really really good deals because in my mind, that is not particularly an ethical way of investing.”
“ Ethically, heal the country first.”
“ A deal is only a deal if it works both ways.”
“ If a property is at auction, it's gone to auction for a reason.”
"If you are not prepared to take the risk, then go and get a man to find job and put them on payroll."
“Don't ever be tempted by people waving wedges of money underneath your nose.”
“Cash flow is king.”
Connect with Rick Gannon:
https://newerapropertysolutions.co.uk
Twitter: https://twitter.com/Rickgannon
Facebook: https://www.facebook.com/RickGannonUK/
Resources:
Where to get his books
Connect With Elena Marches:
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