The Progressive Property Podcast

FREE DOWNLOAD How YOU Can Make A FORTUNE From Buy-To-Lethttps://bit.ly/BTLReport-POD Sam Waterson is a property deal packager based in Leeds. In this episode he talks with Kevin about what he does in his business, how you can get into deal packaging too, as well as how Progressive helped him nurture and grow his success. Progressive Property’s Co-Founder, Rob Moore, has teamed up with our lead trainer, Kevin McDonnell to bring you the 2022 edition of our bestselling book, Multiple Streams of Property Income.GET YOUR UPDATED VERSION HERE >>> msopi.live/book <<<   KEY TAKEAWAYS   Sam has always worked in sales. Being an experienced and passionate salesman whilst having a desire to be an entrepreneur, is what led him to deal-packaging. After using a lettings agency himself whilst being across the other side of the world. Sam realised he had all the knowledge, skills and expertise to run this kind of business himself and so that’s what he did! This was his first effort at running a business. Unfortunately this business did go into liquidation but Sam realised he had learnt a lot of skills and that if he applied these in the right way to the right business he could find success. The Progressive community has helped guide Sam in his property journey, particularly through the power of networking and after attending three deal-souring courses. BEST MOMENTS “I saw it more of a landlords service business” “I realised I had generated a lot of skills that I hadn’t been applied properly” VALUABLE RESOURCES MSOPI – Multiple Streams of Income: https://www.progressiveproperty.co.uk/offers/msopi-property-investing-event-tc-ggl/?gclid=Cj0KCQiAjc2QBhDgARIsAMc3SqR7wMwLKFciEZbG8Jn8hUh2CDX2xN7HrF-DQJohHHG6d7DTUEnSaVYaAnatEALw_wcB https://www.progressiveproperty.co.uk https://kevinmcdonnell.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/progressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

FREE DOWNLOAD How YOU Can Make A FORTUNE From Buy-To-Lethttps://bit.ly/BTLReport-POD In this episode Kevin speaks with Simon Cooper AKA ‘Damp Sam’, host of The Damp Show Podcast. Simon has a wealth of experience with Damp and the destruction it can create in properties. His knowledge is gained from nearly 30 years in the building business, including as a plasterer, gaining a HNC in building management and as a property investor. Simon and Kevin talk all things damp, Simon also tells you what you can do to reduce the risks of damp, what different types of damp there are, debunks damp myths and gives some great tips for anyone who owns property! Progressive Property’s Co-Founder, Rob Moore, has teamed up with our lead trainer, Kevin McDonnell to bring you the 2022 edition of our bestselling book, Multiple Streams of Property Income.GET YOUR UPDATED VERSION HERE >>> msopi.live/book <<< KEY TAKEAWAYS   Simon attended the MSOPI course at progressive and this was when his brand ‘Damp Sam’ was born. He then began doing YouTube videos and now racks over 500 videos, including some joint venture videos with Progressive Media. Good damp proofers aren’t easy to find and when you do find one, you usually just take their word for what needs doing. Damp Sam opens up the world of Damp proofing and educates people, arming them with the knowledge to understand what is actually happening beneath the damp they come across. Simon learnt an incredible amount from his first two house renovations. Including the support out there for renovations, asset protection, planning laws and even land registry guidelines. Don’t ever try and do damp proofing yourself, it’s a specialist area and you could create more difficult, and more expensive, problems. As a general rule, properties pre 1919 didn’t have damp courses put in. Post 1919 most properties would have put them in. But it’s important to remember that there are different types of damp courses and not one fix works for all. There are multiple types of damp and it’s essential that they are all diagnosed individually. Most of us have heard of rising damp and this is something that is frequently misdiagnosed, Sam frequently sees on surveys that a whole house is suffering from rising damp but this isn’t usually the case, it’s usually from multiple sources and has differing causes. Houses with differing ground levels within a property, for example if you have to make a step up to the kitchen, can suffer from lateral damp. It’s important these areas have waterproof systems installed to prevent damp. Ventilation is essential to stopping and preventing damp. All properties should have a fan in the kitchen and a fan in the bathroom, to draw moisture out of these rooms that produce a lot of differing heat levels and A great way to test if your internal fans are performing, is to do Sam’s £10 test. You hold a £10 note to the vent/fan and if it sucks it on then you know it’s ventilating enough. In some locations, such as London and Manchester, basement conversions can add a large amount of value. It’s important to weigh this up, as the cost of doing a conversion to a good standard, that won’t be prone to damp, is very expensive. Don’t treat mould with anything with sodium in it. This can create a bigger problem. Simon advises to always look for a mould remover that has benzalkonium in it. If you have a trade or are looking for a career change in the building industry, damp proofing could be you. You just need to learn it, become a specialist and you can make good money in a career that always has work. Get in touch with Simon, PCA and invest in yourself. BEST MOMENTS “There’s a lot of opportunity in the digital world” “There’s already somebody going to do it cheaper” “All these doors were shutting, I was just going to have to be the best at what I do” “Learn how to do this system and invest in yourself” VALUABLE RESOURCES MSOPI – Multiple Streams of Income: https://www.progressiveproperty.co.uk/offers/msopi-property-investing-event-tc-ggl/?gclid=Cj0KCQiAjc2QBhDgARIsAMc3SqR7wMwLKFciEZbG8Jn8hUh2CDX2xN7HrF-DQJohHHG6d7DTUEnSaVYaAnatEALw_wcB https://www.progressiveproperty.co.uk https://kevinmcdonnell.co.uk   ABOUT THE GUEST Simon Cooper AKA Damp Sam is a time served plasterer since 1983 and has a HNC in building management. He is the director of 3 Ltd companies and a PCA qualified Damp and structural waterproofing surveyor. He also owns a portfolio of properties that he renovated over the years.  Check out Simon’s Youtube Channel where you can find hundreds of videos all about Damp! https://www.youtube.com/channel/UCDh4nXWTEAPxsG5JIX3VdIg https://www.instagram.com/all_dry_damp/ https://www.linkedin.com/in/simon-cooper-csrt-cssw-hncdampsam-45528649/ https://www.tiktok.com/@damp_sam?lang=en   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/progressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

FREE DOWNLOAD How YOU Can Make A FORTUNE From Buy-To-Lethttps://bit.ly/BTLReport-POD The Realities of Recession  Rob has hijacked this episode to explain the realities of recession and the steps you can take to be prepared and thrive during a period of recession.  It is usually 15 years for a recession cycle and the trigger is always different, but you can take proactive steps; building networks and relationships now in preparation, listen in to hear about the realities and how you can plan to not only survive but thrive.    KEY TAKEAWAYS  A recession can result in fear and this can make it more challenging to understand the realities.  These are the realities;  Many great businesses are built on a recession because the playing field is levelled this includes large and significant businesses such as Microsoft and Lego.  Many business models thrive in a recession e.g. tax accountants and confectionary manufacturers. Progressive thrived because people were looking for something different and positive they could do as a result our training took off.  Your competitors are likely to stop spending money on marketing because they view it as a variable cost. This should be the last thing that should be reduced as it removes your pipeline for new business.  When there is a recession you need to learn how to manage your cash and finances better. If you learn to manage cash flow well now you will be even better in a recession.  Staff costs are likely to reduce in a recession and it is often possible to employ very talented and skilled individuals at lower salaries.  You can buy businesses cheaply and grow through acquisition during a recession.  People will have fear and they will need guidance. They will need leaders and that can be you if you manage your emotions well.  People think that money disappears in a recession, it doesn’t it just moves, from traditional businesses to lean businesses from old businesses to new businesses.    BEST MOMENTS  ‘When we saw the last recession, we had fears and concerns, but it ended up being good for our business’  ‘I learned a lot vicariously from other property companies during the last recession’  ‘If your competitors are spending less on marketing you have less competition for leads’  ‘If you learn to manage cash flow well now you will be even better in a recession’     VALUABLE RESOURCES   No Money Down: Property Investing book by Kevin McDonnell   https://www.facebook.com/groups/progressivepropertycommunity/    ABOUT THE GUEST Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor and property educator. Author of global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”  “If you don't risk anything, you risk everything”    CONTACT METHOD  Rob’s official website: https://robmoore.com/  Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs  LinkedIn: https://uk.linkedin.com/in/robmoore1979  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   Kevin McDonnell Facebook   Kevin McDonnell website  progressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

FREE DOWNLOAD How YOU Can Make A FORTUNE From Buy-To-Lethttps://bit.ly/BTLReport-POD Do you want to become a master negotiator? Do you want to secure property deals and grow your business? If the answer is yes, this episode is for you. Your host, Kevin McDonnell interviews world renowned negotiation expert and best-selling author of bare-knuckle negotiation, Simon Hazeldine. Kevin and Simon discuss the key skills you need to have to become a master negotiator, mistakes to avoid and techniques to follow to ensure you end up with the deal you deserve. ***FREE DOWNLOAD*** How YOU Can Make A FORTUNE From Buy-To-Let https://bit.ly/BTLReport-POD KEY TAKEAWAYS What do you see as the key skills of a master negotiator? Being a good negotiator is a critical part of your skill set, have a successful property portfolio, property investment, investment business. What makes what makes a really good negotiator is research shows, for example, a good negotiators gather twice as much information as they give, they focus a lot of time, a lot of efforts, a lot of energy in doing what I call getting inside the other person's head and understanding things from their point of view. Good negotiators are also very well planned and prepared. Make sure that people are thoroughly planned and prepared, that they follow a planning process that increases your confidence that helps you consider options before they come up. A good negotiator doesn't do every deal and a good negotiator does every deal that makes good commercial sense. Knowing when to walk is another important thing for people. Patience is also a good thing to be acting unhurriedly even if you are in a hurry, remaining as calm and objective as you possibly can because emotions can obviously flare, human beings are very emotional creatures. Be very polite and respectful is also a good thing. A good negotiator does less what is called irritating behaviours, finger pointing, aggression, sarcasm and insults. Keeping it professional is an important thing to do, particularly if you want to be doing repeat business with that individual or that organization. Good negotiators have the ability to step into their shoes of a seller and see it from the seller's point of view. Price is a factor in any negotiation. Usually, it is very rarely if ever, the only factor and if it's just got narrowed down to price, you might be missing other opportunities to add value to the deal for the other parts. It is always about the people, the people who own that property that you want to buy must be willing to also sell it to you or want to do a joint venture with you. If you find out what's most important to people and then you show them how you can help them get what's most important to them, that's selling a negotiation in a nutshell. Solve their problem instead of trying to buy their house. What are the biggest mistakes people make in negotiating? Moving too quickly to sort of doing the bargaining, how much are we going to pay and then that they don't spend enough time planning and preparing. They don't spend enough time understanding the perspective of the other person. New property investors, property developers are sometimes very anxious to get some notches, some numbers and get some deals done and sometimes pursue a deal far too long when they should walk away because they feel nothing's happening and it's not working. If your first five deals that you sign up roll pretty badly, you're going to have those bad boys in your portfolio for a while. Definitely move fast but move faster when the deal is right. Tips for getting better results in a negotiation. Do your homework and do your research. Knowledge is power, walk the streets, have a look, get to know the areas, monitor things, watch what's happening. Ask more questions, do less talking and more listening. Find out if you can construct something that is going to meet what that person needs, solve their problems and take away their pain. BEST MOMENTS “People think that negotiation is the sexy exciting cut and thrust, but that's only going to be sexy and exciting if you've done your homework in advance.” “The more time you invest in the deal, the harder psychologically it is to get out it.” “Neuroscience research shows that 95% of the influence on our decisions is from more emotional primitive regions of the brain.” “Average man or woman in the street thinks negotiation is open high, drop down, meet me halfway and back and forth but it’s much more than that.” “Empathy is different to sympathy, empathy just means I get how you're feeling, I understand how you’re feeling, I understand why this is important to you.” “Word of mouth is very powerful and also a very bad form of marketing, depending on what's being said about you.” “Understand that if you feel a bit uncomfortable, that's called being human and that's really normal and that's not a bad thing.” “The more you learn, the more you earn.” “The more desperate you are, the worst deal you will do.” “If you don't ask, you have rejected yourself.” “You make your own luck through the work and the effort and the focus that you put in.” VALUABLE RESOURCES simonhazeldine.com https://kevinmcdonnell.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 Facebook: https://www.facebook.com/kevinMcDonnellProperty/ Official website: https://kevinmcdonnell.co.uk/ https://www.amazon.co.uk/No-Money-Down-Property-Investing/dp/1909846767/ref=sr_1_1?s=books&ie=UTF8&qid=1553015287&sr=1-1&refinements=p_27%3AKevin+McDonnell ABOUT THE GUEST Simon Hazeldine is a world renowned negotiation expert and best-selling author. Simon is an international speaker and has worked as an expert consultant in the area of sales, negotiation, business performance and applied neuroscience with Fortune 500 and FTSE 100 companies. CONTACT METHOD Website: simonhazeldine.com Twitter: @simonhazeldine Email address: simon@simonhazeldine.com progressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

FREE DOWNLOAD How YOU Can Make A FORTUNE From Buy-To-Lethttps://bit.ly/BTLReport-POD A short but informative episode where Mark discusses the current economic news including the changes in the new budget and what he thinks will happen next. ***FREE DOWNLOAD*** How YOU Can Make A FORTUNE From Buy-To-Let https://bit.ly/BTLReport-POD KEY TAKEAWAYS We’re coming to a period where living standards are going to reduce in ways not seen since the 1950s. The rise in inflation and employment issues are all adding up to a historical economic time; and we are living in it. There has been a £2300 increase on the income tax threshold and a 1% reduction on the basic rate income tax will have most significant effect on most people in the new budget. BEST MOMENTS “I suspect it’s more of a gesture rather than something concrete that will make a difference” “Rishi is certainly very good at telling people her cares, but looking at these numbers you start to see he only cares a little bit” VALUABLE RESOURCES https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/   ABOUT THE HOST Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties. CONTACT METHOD   Email: Markhomer@progressiveproperty.co.uk LinkedIn: https://www.linkedin.com/in/markhomer1 Facebook: https://www.facebook.com/markprogressive Twitter: https://twitter.com/markprogressiveprogressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

FREE DOWNLOAD How YOU Can Make A FORTUNE From Buy-To-Lethttps://bit.ly/BTLReport-POD One of Kevin’s most asked questions is how to add value to a rental property, in this episode he explores various ways you can do this including 5 fundamentals you need to focus on. ***FREE DOWNLOAD*** How YOU Can Make A FORTUNE From Buy-To-Let http://bit.ly/BTLReport-YT KEY TAKEAWAYS Buy something where you know you can add value, where there is space for improvements, particularly focusing on the kitchen and bathroom. Probably one of the most effective ways to add value is to think about the internal layout of the property and how you can make this work better and more valuable. E.g turning a 2 bed into a 3 bed house; this can add up to 25% of the equity. Carpets and decoration are the final two touches for every room in the property that adds value. Loft conversions and basement conversions can add significant value to a property, especially in cities.  BEST MOMENTS “nice bathrooms, nice kitchens, they’re going to give you highest impact on value and highest impact on rental income” “You don’t have to spend a huge amount of money” VALUABLE RESOURCES https://www.progressiveproperty.co.uk https://kevinmcdonnell.co.uk   ***FREE DOWNLOAD*** How YOU Can Make A FORTUNE From Buy-To-Let http://bit.ly/BTLReport-YT 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/progressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

FREE DOWNLOAD How YOU Can Make A FORTUNE From Buy-To-Lethttps://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 https://kevinmcdonnell.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/progressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

FREE DOWNLOAD How YOU Can Make A FORTUNE From Buy-To-Lethttps://bit.ly/BTLReport-POD This is an extra special podcast episode with none other than Nigel Farage! Mark feels really akin with Nigel’s politics and watches GB news every evening so was very excited to record this episode for you all. Nigel and Mark talk about the start-up and progress of GB news, Covid-19, business and all things politics including his opinion on PM Boris Johnson and why Nigel believes we need a Brexit 2.0! They also discuss Nigel’s incredible knack for predicting what is going to happen next in the political landscape and what the public opinion will overwhelmingly be!   To hear more from Nigel & Mark head to Rob.team   KEY TAKEAWAYS   Since GB news was launched, Nigel has already seen the changes it has brought to the broadcasting landscape. Many channels and programming is duplicating the GB formats and introducing more talk shows and opinion pieces. Broadcasters have a big responsibility and if they get things right then they can create enormous ripples that change what happens in our country and in the world. Nigel has been a sensible environmentalist all his life. He doesn’t understand what the goal of net-zero emissions is when all we are doing in the UK as a country is exporting our emissions and actually creating more pollution. It creates a whole host of other problems and isn’t actually any better for the planet. We have the resources to be self-sufficient for energy but we aren’t, he asks why? The ramifications of Covid on society is hard to measure but we also can’t ignore the huge impact Covid restrictions have had on the countries mental health, education and children’s development. Nigel believes when we look back on this we will see that lockdowns and restrictions actually did more harm than good. Nigel’s treatment by other MEPs and in Brussels was very negative. After his 2016 speech it became even worse and he even got refused service in restaurant and cafes. It isn’t easy to ignore criticism and not care about everyone’s opinion but Nigel got to a point in 2014 where this is what he had to learn to do. Now he doesn’t even take an interest in others opinions about him, they are just that, their opinions and not his. Nigel believes there needs to be a Brexit 2.0. he thinks we need to leave the European Call to Human Rights to help with the large scale immigration still happening. The power and control big media and tech companies have now frightens Nigel. He is worried about the cancel culture we are seeing and the restriction on free speech. He can only hope that some of the challengers coming out will help disrupt these industries and allow everyone to have free will and communication, on all topics. The answer to labour and skill shortages isn’t immigration. Nigel states that opening the dialogue with young people and a reorientation towards them acquiring skills and trades rather than degrees could be the solution. It’s incredibly difficult to run something like an engineering company right now just on English skill sets. BEST MOMENTS “I think for once the free press and our parliamentary systems has worked” “I have been a sensible environmentalist all my life” “The impact on our way of life has not been positive” VALUABLE RESOURCES https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/   ABOUT THE HOST Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties. CONTACT METHOD   Email: Markhomer@progressiveproperty.co.uk LinkedIn: https://www.linkedin.com/in/markhomer1 Facebook: https://www.facebook.com/markprogressive Twitter: https://twitter.com/markprogressiveprogressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

FREE DOWNLOAD How YOU Can Make A FORTUNE From Buy-To-Lethttps://bit.ly/BTLReport-POD In this special episode of the Progressive Property Podcast, Mark breaks down the impact of the Russian Invasion of Ukraine on the UK markets, inflation and house prices. THE HEADLINES INTEREST RATES: Interest rates aren't going to move that much. Away from their current expected path. The market thinks that a UK based rate goes to about one and a half percent terminal rate of about one and a half, 2% over the next two to three years. LONDON HOUSE PRICES: There is an estimated 1100 Russian owned properties in London, even if all were seized this would not likely have an impact on the overall market. It potentially may in west London where the majority are owned. REGIONAL HOUSE PRICES: Is it going to affect house prices regionally in the provinces, across the rest of the country?  I don't think this is going to have a major effect on UK house prices. STOCKS: Lots of stocks have been hit really hard, particularly brands that export to Russia either goods or services. Overall markets will continue to dip based on the uncertainty of the global situation. More money will go into bonds. FUEL AND ENERGY: Some economists saying fuel could hit £2 per litre, as supplies from Russia are cut off in the immediate future there will continue to be increasing energy and fuel prices, compounded by supply chain issues of the last 2 years.  VALUABLE RESOURCES https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/ ABOUT THE HOSTMark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties. CONTACT METHODEmail: Markhomer@progressiveproperty.co.ukLinkedIn: https://www.linkedin.com/in/markhomer1Facebook: https://www.facebook.com/markprogressive progressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

FREE DOWNLOAD How YOU Can Make A FORTUNE From Buy-To-Lethttps://bit.ly/BTLReport-POD In today's throwback episode, Kevin discusses why not to listen to those advising to steer clear of London investments, why the ‘tenant buyer’ strategy is the most hands free of them all and how to sort the good builders from the bad.  KEY TAKEAWAYS  Over the last few months, people have started the question if it is wise to invest in London, given the way of the world. That is because the masses are questioning London. Observe the masses, and do the opposite. Interest rates are going to drop to negative, so there has probably never been a better time in history to raise money to help invest in properties.  Many people would consider single lets the most ‘hands free’ strategy. However with single lets you often have the management, the maintenance, the voids and the inspections. With a tenant buyer, it is completely hands free strategy. You don’t need a letting agent or a maintenance team and you can do it remotely as it is completely outsourced to the tenant buyer.  If you're setting up a limited company, you should be putting  a personal loan into that company. When running a limited company you need to ensure you get a property tax accountant . Everything from mobile phones to office supplies can be put through the company as company property rather than putting it through your own name.  If you ring a builder up and he says he can come tomorrow, they’re likely a bad builder. The good builders are always busy. The moment you get a property agreed, you need to find a builder. You will get the keys anywhere between 4-8 weeks after the agreement, leaving it until then to find a good builder will cost you.  You need two years of company accounts in order to qualify for mortgages in your company name. You can start by doing rent to rent and lease options in order to build up your accounts.  Many people want to quit their jobs to become property investors. The reality is, you do not need to quit your job.Managing your time is a better step than quitting your job. You have got plenty  of time to do property in your spare time, if you are smarter with your free time.  Aim to quit your job later but first you should build up cash flow and passive income.  If you are just starting out and do not have the funds or knowledge to invest in property yet, it is a good idea to go and work for an investor and offer to work for free. Find the big player in your area and ask how you can help them. They will give you some work to do and you will learn from their expertise.  BEST MOMENTS “Raising money has never been easier” “You don’t find it difficult to raise money, you find it difficult to try, you find it difficult to ask.” “Quitting your job is not the route to success.” “If you give, you will receive.” VALUABLE RESOURCES https://www.progressiveproperty.co.uk  https://kevinmcdonnell.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/progressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/