The Progressive Property Podcast Toni and Emerald Podcast Hijack - June Headlines Broken down
It’s a take-over this week as Toni and Emerald give their opinions on the past month's property headlines including whether now is the right time to invest. They also give tips and solutions to some of the difficulties property investors may be facing right now.
KEY TAKEAWAYS
- House prices are falling, but only by small amounts in most places.
- Many property headlines are currently sensationalising to the max! A lot of them can be mostly ignored.
- For every downside, there is an upside. Now could be a good time to buy for many people including first-time buyers.
- Ensure that the information that you are engaging with is from people who know what they talk about, people and experts with experience and knowledge in property investing.
- There are key differences between landlords and property investors.
- If you’re buying long term, it’s unlikely you will regret what you pay for a house. Property investing is for the long game.
- A joint venture is one way to decrease your own personal risk in the current market.
- Toni and Emerald would recommend downloading Mark Homer’s e-book, 42 tips.
- The price an estate agent gives is not a sold price, always bear this in mind when looking at the changes in prices.
- The news is never where you should base your decisions on, the information they give is to sell news not to help you in business.
BEST MOMENTS
“House prices are now falling”
“Get an education from people who know what they are doing”
“Look at creative solutions which you will know if you surround yourself with the right people”
“Part of being an investor is understanding the market, doing your own research so you know what’s going on”
“How is anybody supposed to decipher this, day to day everything is changing”
“Perspective is absolutely key”
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
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