The Progressive Property Podcast 9 Things I've Learnt in 9 Years as a Property Investor
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Kevin shares 9 top tips he has learnt in the past 9 years as a Property Investor. Kevin has been in the property game for over 20 years, but it was only when he came to Progressive Property 9 years ago that he really learnt how to become a professional property investor.
KEY TAKEAWAYS
- I am not a landlord; I am a property investor.
- Raising finance is one of the most important aspects of property investing
- Property is a people business
- The right house will always find the right tenants
- You can’t plan your week in detail
- Become knowledgeable about your local council and regs
- Long-term thinking is what you need in this business
- Your network, it’s not just what you know it’s whom you know
- Boring is best!
BEST MOMENTS
“There’s a very big difference between a landlord and a property investor, a landlord owns a job while a property investor runs a business”
“The quicker you can become the investor the quicker you will scale your business”
“Do not pedestalise the money, the most important thing is your knowledge, your action, your time”
“Property is about collaboration; property is about your network”
“The long-term takes care of itself”
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.
CONTACT METHOD
https://www.facebook.com/kevinMcDonnellProperty/
https://kevinmcdonnell.co.uk/