The Progressive Property Podcast How The Energy Crisis is Effecting The Property Market
https://bit.ly/BTLReport-POD
How has the conflict in Ukraine affected the UK property market? Listen into this Q&A session with Kevin to find out the answer to this question, the impact of the energy crisis, his thoughts on Grant Cardone’s ‘Cash is trash’ statement and more.
KEY TAKEAWAYS
- The rising increase in utilities will affect anyone who owns HMO properties. However they may also see more demand for properties which could solve this issue.
- 99% of the population will be impacted by the rise in inflation as the main things they spend money on such as food, fuel etc has all increased dramatically. However, there is an upside for property investors as average property prices have also increased.
- Cash is built to move. There’s no point having cash just sat in your account and not working for you. All that will happen is inflation will erode it’s worth.
BEST MOMENTS
“Will the war itself cause a crash to the property market? I don’t believe so”
“Cash is built to move”
VALUABLE RESOURCES
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/