Dan is interviewed by Jerry from Commercial Property Investors. They talk all things investing and acquisitions. This is an episode full of tips and knowledge about how to make a successful deal.
KEY TAKEAWAYS
- Dan has had his fair share of difficulties in making deals. One of the biggest issues he had was actually with his bank who stopped one of his deals. However, he learnt a lot from this experience; about leverage, bankers and risk.
- Identify the risks in every deal, Identify it, risk assess it and insure against it. If you can foresee all risks and issues then you are prepared for any eventuality in a deal.
- There are deals out there that are quick wins, you just need to look at buying businesses that are profitable that are also asset rich.
- Looking ahead, where you expect things to be, is how you can make better deals. You reverse engineer the process to ensure you are making deals that will work in 2, 5, 10 years time. Research and knowledge of the area you are buying in in terms of industry and location is key.
BEST MOMENTS
“You've always got to make the best of a bad situation”
ABOUT THE HOST
Dan Taylor
Dan has completed over 36 transactions with a value in the tens of millions, though more importantly, he has added significant value by combining creative commercial property strategies and business buying strategies.
Working with existing property investors and SSAS Pension owners. Dan helps accelerate your income, grow your wealth and reclaim your time to live life on your terms.
Dan believes acquisitions are simply the fastest route to create cash flow and generational wealth.
Dan loves to help investors create cash flow and grow their wealth by investing with him.
Dan and his team do the deals so you don't have to.
Do you have a SSAS Pension or cash that's not producing income and simply don't have the time to do it yourself, then get in touch and if you qualify you may be able to invest with us acquiring businesses and commercial property.
CONTACT METHOD
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