The Progressive Property Podcast How to Turn Your Property Side Hustle into a Stable Income: Heidi Mobbs
Join Kev as he speaks to property investor and progressive property network host Heidi Mobbs. Heidi reveals the strategies she used to replace her income completely with property investing. Kev and Heidi talk about the benefits of Progressive networking events and Progressive Property courses and Heidi stresses why it’s essential to have goals and a purpose to push you through the challenges of starting your own property business.
KEY TAKEAWAYS
- Heidi needed to be confident she was successful enough in property investing before she left her established role in social housing. She had a lot to lose.
- Networking and negotiating with investors to give her opportunities is how she first started to build her portfolio.
- Heidi scaled very quickly, she didn’t leave her job until she had all systems in place including employees and CRM systems. The hardest part of her journey was managing this whilst working full-time.
- Progressive networking events provide support and opportunities for property investors. Heidi wanted to utilise this and host a networking event rather than doing something independent.
- Hosting PPN events gave Heidi instant credibility as a property investor.
- Not all projects go to plan, Heidi has had to give properties back that she has been unable to manage and has lost money too.
- You will never find great property deals without making some mistakes along the way.
BEST MOMENTS
"Just give us a go, I’ll prove a point and I’ll turn that property around”
“You’ve got to have a big enough why to quit your job and that keeps you going through the bad days”
“PP and Progressive are like a family”
“The networking boosted my credibility straight away”
“I’ve done loads of deals where they kind of didn’t work out the way I hoped them to, but I wouldn’t have got the good ones if I didn’t go through the bad ones”
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/
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