The Progressive Property Podcast Laura Hamilton: A Place in The Sun Presenter & Property Investor
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Laura Hamilton is best known for being the host of a place in the sun as well as appearing on the likes of dancing on ice and cowboy builders! She joins Kevin to talk about her property investing journey, from her very first buy-to-let at just age 19 to the development she is on now as well as how she got into television.
KEY TAKEAWAYS
- Based on her own experience, Laure believes the property market is going to level out over the next coming months, down to interest rates but also due to the cycle that property goes in.
- It’s a seller’s market abroad at all levels.
- If you find a good solicitor, you can purchase properties in Spain and other places in Sterling, this can be a way to negotiate a property's price with your seller.
- Great time management and knowing how to prioritise is how Laura keeps her busy schedule and life organised. She also couldn’t live without her phone, it’s how she keeps on top of everything including to-do lists via her notes app.
- The school system doesn’t teach enough about financial education. Laura has got her children their own ‘spending cards’ and is always making them aware of the cost of things.
- The speed of the buying process abroad, such as Spain is a lot quicker than in the UK. It frequently takes less than a month.
- Spain has a deposit system in property buying, that shows both the buyer and vendor that they are serious about buying. It deters any ‘gazumping’.
- Laura is always very hands-on in her projects, she isn’t afraid of getting her hands dirty and enjoys being part of the process.
BEST MOMENTS
“It had to level out, it is levelling out now, it might well take a slight dip”
“Since the pandemic and Brexit the buying rate [abroad] has increased”
“It’s a skill to be able to multitask and it’s something I am able to do, my brain is frantic and a lot of entrepreneurs would say they don’t switch off easily”
“We all need to be mindful of how much things are costing”
“I’m trying to make my house as sustainable as possible”
VALUABLE RESOURCES
MSOPI – Multiple Streams of Income:
https://www.progressiveproperty.co.uk
ABOUT THE HOST
Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.
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