The Progressive Property Podcast Mindset Shift: Profiting While Making Real Change with Carole Neales and Andrew Powell
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Want to see a tour of Bancroft house or the Interview itself? You can watch it all in our recent YouTube video : https://youtu.be/rC-jkwCzVXw
Maybe you’re keen to meet the progressive Trainers in Person? Come to our FREE, 3-day event here: https://bit.ly/msopi23
Show your support towards the Healthier Hero’s Campaign - DONATE HERE: https://www.gofundme.com/f/the-picos-de-europa-veterans-expeditions-2024
In this special episode, property investing expert Carole Neales takes over the Progressive Property podcast to interview Andrew Powell, Director of the veterans’ charity Healthier Heroes. Hear the moving story of Andrew's difficult childhood, military career, and mental health struggles that led him to create safe housing for vulnerable veterans. They talk about the shocking realities of social housing shortages and homelessness amongst veterans and other groups. Carole and Andrew also reveal the ways property investors can make money while making a massive difference through social impact investing.
KEY TAKEAWAYS
- Childhood adversity led Andrew to join the military, which he loved, but he still struggled mentally
- After Afghanistan, marital and family breakdowns caused a crisis for Andrew including alcohol, drugs, crime and then suicide attempts
- Andrew’s first call for help was rejected, showing Andrew that only he could save himself
- He created education projects and armed forces housing services to help people from similar backgrounds
- Andrew’s mission was to provide 24/7 supported housing for vulnerable veterans and it led to him creating Bancroft House
- Funding repairs and staff is one of the biggest barriers, heating alone costs £40k annually
- The move-on process to independent living for many is hindered by a lack of available housing stock
- Investors can fund buildings and houses, they can make donations that make a massive social impact and business sense too
BEST MOMENTS
"I was homeless at the age of 14, never finished school. So the only thing for me to do to, to escape and try and find a real family unit and connection was to join the military."
"When I picked that phone up and spoke to somebody, I was actually told that was too complex for the service. And to take myself to A&E. And I was wished all the best, and the phone was put down on me."
"If they were willing to buy the property, do it up, and then wait for their return on investment, so then becomes a longer game, that would work."
"Because it's not just veterans who are struggling. Homelessness, it's vast."
"If we can make it work on that rate...then we're fine."
VALUABLE RESOURCES
MSOPI – Multiple Streams of Income:
https://www.progressiveproperty.co.uk
ABOUT THE GUEST
Want to Connect with Carole? This is how:
Website: https://www.clearwaterpropertypartners.com
Email: carole@clearwaterpropertypartners.com
If you would like to help support Andrew Powell with his properties, please reach out to Carole using her contact details above.
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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