A lot of people think that making money in property is all about owning buy to let properties and not much else when in actual fact, there are many new and exciting ways to make £2,000-£15,000 per month in property without owning any buy to lets!
Operating your own letting agency is a great example.
My business partner Hanif Khan recently invited members of my Tycoon Mastermind Alliance program to one of his letting agency branch’s in Birmingham. Hanif started his first letting agency five years ago and he is now busy opening up branch’s all over Birmingham.
With the proper systems in place, a letting agency can produce £10,000 per month in passive income with minimal time or effort from you. Hanif and many other investors all over the UK have done it and so can you.
The important thing to remember is that letting agencies do not just produce income – they are also highly attractive businesses too. For example, an agency making £100k would typically sell for between £300k-£400k. An agency making £500k per year might sell for up to £3m!
Learn more about the Tycoon Mastermind Alliance program.
Enjoy the audio!
Please note: This audio is a small sample of the Tycoon Mastermind Alliance field trip. TMA members can download the full 5 hours recording from here as well as the 6 hours recording of last years “How To Start Your Own Letting Agency” field trip which covered many other aspects of starting your own income generating letting agcney. If you are not already a member Tycoon Mastermind Alliance of the Property Tycoons Community you can learn about the huge range of benefits here.
Parmdeep Vadesha created the Property Tycoons Community website because he couldn't find anywhere on the web that brought together people who shared his passion - the art of finding and buying investment properties at knock down bargain basement prices.
Parmdeep stumbled into property at the age of 23 whilst working nightshifts as a warehouse operative at a local crisps factory for £5 per hour. He started in property without any experience or knowledge of the business. He invested all of his spare time into learning how to find distressed sellers of bargain properties. Within 3 years he was financially free purely through his property related investments and businesses. 
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