#021 The 3 Costly Mistakes Stopping Your Property Success (And How to Avoid Them)

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Property Mindset Podcast

Emma Howitt

34 episodes

1 week ago

Feeling stuck in a career that doesn't excite you? Worried about your financial future or how to build lasting wealth? The Property Mindset podcast is here to help you break free from doubt, fear, and procrastination, transforming your mindset to achieve property success.

Hosted by Emma Howitt, a property coach and mindset expert, this podcast dives into the strategies, tools, and inspiring stories you need to create the life you've always dreamed of.
Each episode tackles real challenges faced by professionals like you-turning limiting beliefs into bold action, navigating the property world with confidence, and building a portfolio that works for your future.

Whether you're just starting or looking to scale, The Property Mindset podcast is your weekly boost of clarity, confidence, and actionable advice. Your journey to success starts here.

All content for Property Mindset Podcast is the property of Emma Howitt and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

#021 The 3 Costly Mistakes Stopping Your Property Success (And How to Avoid Them)

Property Mindset Podcast

15 minutes

3 months ago

#021 The 3 Costly Mistakes Stopping Your Property Success (And How to Avoid Them)

Today, Emma takes a look at the three biggest mistakes that new property investors often make, emphasising the importance of logic and data over emotion in investment decisions. She discusses the necessity of thorough research and due diligence, highlighting how understanding market trends, tenant demand, and local area dynamics can significantly impact investment success. Emma also stresses the value of building a trusted team of professionals to avoid rookie errors and make informed decisions.

KEY TAKEAWAYS

When investing in property, it's crucial to rely on facts and figures rather than emotional attachments. Understand the numbers, location, and return on investment to make informed decisions.
Never underestimate the importance of due diligence. Research the area, market trends, tenant demand, and potential risks to ensure that your investment strategy aligns with the location.
Surround yourself with a reliable team of professionals, including solicitors, estate agents, and contractors. Collaborating with experienced investors can help you avoid costly mistakes and make smarter decisions.
Establish specific investment criteria that you will adhere to, focusing on the desired return on investment. This will help you stay disciplined and avoid impulsive decisions.
Success can lead to complacency. Instead of learning the hard way, study the experiences of other investors to understand common pitfalls and how to navigate them effectively.

BEST MOMENTS

"Use logic and data, not emotion. We have to really cut off this emotional element."

"Risk comes from not knowing what you're doing."

"Don't do it alone. Make sure you build a great trusted team."

"The stock market is filled with individuals who know the price of everything, but the value of nothing."

"Success is a lousy teacher. It seduces smart people into thinking they can't lose."

Books & Authors
The Millionaire Real Estate Investor
Author: Gary Keller
https://amzn.to/4jifTNN

Rental Property Investing
Author: Brandon Turner
https://amzn.to/3SmI2sg

Networking & Professional Support
YPN Magazine
https://yourpropertynetwork.co.uk/

HOST BIO
Emma Howitt is a seasoned property coach, mindset expert, and entrepreneur with many years of experience in transforming lives through property investing. From building and selling a thriving Rent-to-Rent Service Accommodation business to acquiring a £1 Purchase Lease Option and converting it into a 16-studio apartment hotel, Emma has consistently demonstrated her ability to turn opportunities into success. With a background in sales and marketing for global brands like L’Oréal and Red Earth, Emma brings a unique blend of strategic thinking and real-world experience to the property world. She is passionate about helping professionals break free from limiting beliefs, overcome fear, and take bold action to achieve financial freedom. Through her empowering and practical approach, Emma has coached countless individuals to redefine their futures. Her expertise, authenticity, and proven results make her the go-to authority for transforming mindsets and unlocking property success.

www.emma-howitt.co.uk
www.pureabodes.co.uk

https://www.linkedin.com/in/emmahowitt/
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https://www.instagram.com/emma_howitt/
Youtube: @emmahowitt_pureabodes

Learn More About Us: www.emma-howitt.co.uk

HOST BIO
Feeling stuck in a career that doesn't excite you? Worried about your financial future or how to build lasting wealth? The Property Mindset podcast is here to help you break free...