The Progressive Property Podcast How to Invest £250,000 Featuring Mark Homer & Rob Moore
In today’s podcast, Progressive Property Co-founders Rob Moore and Mark Homer join the show and discuss how to perfectly invest £250,000 in today’s current economic climate. They cover all bases from purchasing unmortgageable properties with cash, investing in high-end watches which are sure to bring back a high return as well as how to ensure you are successful when investing in the stock market.
WATCH ON YOUTUBE
How To Perfectly Invest £250,000 |Property | Stock Market | Business
SUBSCRIBE TO THE SERIES
Watch Live On The Progressive Property YouTube Channel Every Monday At 7 PM Tiny.cc/PPTV
Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes
KEY TAKEAWAYS
- Property: If you are buying single lets, buy up to seven at a time with £30,000-£35,000 deposits and roll that over. You could also use this money to buy properties in cash. These properties may be unmortgageable and therefore you can get the property much cheaper. By doing this you can cut out the majority of the market as most people are unable to buy without a mortgage.
- Property: If you buy commercial buildings or newbuild blocks of flats and you convert them, the capital allowances are available on the purchase price up to 20%. When you convert the buildings all the work that you do to the communal areas between the flat you can claim capital allowances on.
- Businesses: Due to the current pandemic, there are likely to be some businesses that are willing to sell for £250,000 or less. Many hotels, nurseries and event companies have been very badly affected by the pandemic and are coming to the market in the new year.
- Appreciating Assets: With this budget, you can invest in Patek Philippe and Richard Mille watches. The more complicated the movement of the watch, the more expensive it is. It is better to pay more money and have more growth.
- Stock Market: Look for companies that are currently in trouble, but are fundamentally going to be okay in the long run. Be prepared to lose money on stocks on occasion. If you want to make money over time buy some market trackers i.e Footsie or Dow Jones trackers which track the market, have very low fees and allow you to spread across the stock market.
BEST MOMENTS
“Straight away you are at an advantage because you can get it much cheaper.”
“There is an immediate advantage there.”
“The market believes there is another route out.”
“Let father time pay it down.”
VALUABLE RESOURCES
https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/
https://www.glenmarch.com/
https://www.hagerty.co.uk/valuation/tool/
https://www.vanguardinvestor.co.uk/
https://www.hl.co.uk/
SUBSCRIBE TO THE A NEW INVESTMENT SERIES
Episode: How To Perfectly Invest £250,000 |Property | Stock Market | Business
Watch Live On The Progressive Property YouTube Channel Every Monday At 7 PM Tiny.cc/PPTV
Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes
ABOUT THE HOST
Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.
ABOUT THE GUEST
Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller "Life Leverage" Host of UK's No.1 business podcast "The Disruptive Entrepreneur."
"If you don't risk anything, you risk everything."
CONTACT METHOD
Rob’s official website: https://robmoore.com/
Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs
LinkedIn: https://uk.linkedin.com/in/robmoore1979