The Progressive Property Podcast

FREE DOWNLOAD How YOU Can Make A FORTUNE From Buy-To-Let https://bit.ly/BTLReport-POD Kevin is joined by Malcolm Ridley in this episode to talk all about his property investment journey. Malcolm didn't start his property journey until later in life but argues, and proves, that it's all about mindset, age truly is just a number. Listen in now to be inspired to start or scale your property investment strategy! KEY TAKEAWAYS  Malcolm was working for network rail as a commercial manager. It involved 60 hour+ working weeks and was what he describes as a ‘grey existence’. Becoming an accidental landlord is how Malcolm started his property journey. Shortly after this he also bought a property for his daughter to live in after realising how much she would be paying in rent in Leeds. Several years later, after his son had also lived in the house he bought in Leeds, Malcolm and his son bought a house at auction and his property investing started to expand. Malcolm learnt a few lessons from this auction property, including to not try and do all the work on a house yourself and why buying the worst house on a good street is a good strategy. After the auction property, Malcolm realised luck had been on his side as he learnt a few things that could have spelled disaster for him and his son. This is when he decided property education was something he needed to invest in next. Having a mentor helped Malcolm build his confidence in property and business as well as taught him how to overcome many barriers. Building relationships and rapport with agents has been part of Malcolm’s property strategy and helped him with his acquisitions. If your aim is to make capital, Malcolm believes there is money to be made in ‘flips’ in London. If it is cashflow you are after, then your best bet is probably to invest in the north of England. Property works in all locations; you might just not be applying the right strategy or technique. Joint venturing is a great way to start your property investing journey. You can rely on their expertise and time whilst still maintaining your job. Property is a people business. Malcolm found that by being fair with his pricing he got offered more properties further down the line. He played the long game by considering the true value of the property and not ‘squeezing’ the vendor at each deal. Malcolm didn’t start properly property investing until he was 61, he says all you need is the right mindset, age doesn’t matter.   BEST MOMENTS   “Don’t do all the work yourself” “I realised that what we needed was education, so I decided to invest in education” “Once you’ve bought one and they [estate agents] know you’re serious they are interested in presenting more opportunities to you” “In London you can probably make money on flips, but you have to buy carefully” “That’s one of the great things about property, collaboration” “It’s never ever too late to invest in property”   VALUABLE RESOURCES MSOPI – Multiple Streams of Income: 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-Let https://bit.ly/BTLReport-POD Kevin is out on the road, viewing his properties so wanted to do a ‘day in the life of’ whilst answering your questions! KEY TAKEAWAYS  Being in your 50’s is definitely not too late to get into property investing. It takes less time than you think to make just one deal, just start now. Don’t take a bridging loan on a property if you don’t have an exit strategy. You have to start with the end in mind. Joint venture with someone to build up credit. Use your time to benefit them but utilise their credit. How can you find your first investment property? Go direct to vendor, tell everyone you know that you are looking to get into property and market yourself. Trying to find good people in this recruitment climate is difficult at the moment so try and put this first and as a priority when you are scaling. When you buy a property, you should be adding value and creatively making deals. This protects you against the market. There’s no failproof way to know if your client is good or bad, you can do all the checks but this still doesn’t completely protect you. Your plan for property business should be how to create money from the houses you buy and to hold them long term.   BEST MOMENTS   “You can replace your income in 6-12 months”           “Don’t be emotional, take a financial decision” “Educate yourself on how to find these deals” “It’s not that you can’t find the deal, it’s just that you don’t know what you’re looking for”   VALUABLE RESOURCES MSOPI – Multiple Streams of Income: 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/

Jason and Blondine join Kevin today to talk all about their own journey into London Property. They discuss what drove them to starting their property journey, why working together as a team has been important and how attending various Progressive Property courses has helped them find success. FREE DOWNLOAD How YOU Can Make A FORTUNE From Buy-To-Let https://bit.ly/BTLReport-POD KEY TAKEAWAYS    Individually Jason and Blondine started in property separately. But 18 months ago they met at a Progressive Property event and led to them making their first deal together. Working together has helped Jason and Blondine because they have different skillsets, they play to one another’s strengths. Rent2Rent has been important to Jason and Blondine’s growth because there is less risk involved. It’s a strategy that if you get the right balance and demand you can grow quickly and effectively. It’s important to follow the process in property, don’t sit back or give up if you don’t find instant success. It takes time, effort and practice. Jason and Blondine attribute their success to the knowledge, support and the community that have found with Progressive Property. Training, support and confidence is the key to finding success in property. Training and courses are invaluable, you learn from others mistakes as well as become inspired.   BEST MOMENTS   “[Progressive] completely changed my outlook on property with creative ways of dealing with properties, completely changing my mindset” “The key is not to find someone just like you…find someone who brings a skillset you don’t necessarily have” “We all have the same passion, the same drive” VALUABLE RESOURCES MSOPI – Multiple Streams of Income: 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 A special episode by co-founder of Progressive Property Rob Moore. Rob talks all about whether it is right to rent your own property or buy your own home. He also warns against the advice of so-called American gurus and discusses the pros and cons to owning your own home.   KEY TAKEAWAYS  It’s important to do your own due diligence in your country and market. In the UK buying your own home is almost always the best option. If you are in the position to buy your own home then you should do it! There’s much more stability in owning your own home. Owning your own home means you are earning money whilst you simply live in your house. One of the few things that is inflation-proof right now is housing, inflation pays your mortgage whilst the value of cash depletes. When you rent, the landlord gets all the benefits, not you.   BEST MOMENTS   “This is a topic that gets a lot of heated debate across the internet” “If you buy your own home you have security” “Safety nets can be really bad for your hustle, for your desire and ability to go out there and make things happen” VALUABLE RESOURCES MSOPI – Multiple Streams of Income: 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 ex-nurse Chloe Tyrell who has a portfolio of single let and HMO properties with her partner. After learning more with Progressive they are now entering the commercial conversions market too. Listen in to hear all about Chloe’s journey to becoming a property investor full time and learn some great tips and ideas for how you can start your property journey with Progressive too! KEY TAKEAWAYS  Chloe was in her early 20s when she decided to invest in a buy to let, there was no strategy this was just something to help her when she retired one day. It was 2019 when Chloe and her partner had some changes in their lives. It led them to look at property and this is how they found Progressive Property and worked to getting into property as a full time venture. Chloe has attended many Progressive Property courses to build her property portfoli including MSOPI, No Money Down and Commercial Conversions. The education has definitely fast-tracked her on her property journey and helped her avoid some costly mistakes. Making relationships and perseverance are two of the biggest skills Chloe has had to master to progress and sustain her property career. Having a peer group and a mentor is reassuring and supportive, it has helped Chloe achieve her goals. Communication is the most important thing in any partnership. Being in business with each other as well as a romantic relationship, clear communication is integral as well as splitting responsibilities.   BEST MOMENTS   “That four-day course pretty much summarised everything we had done in an 18-month period” “It would have sped the process up and it would have saved on any costly mistakes” “Have a bit on introspection and know a bit about yourself and what you really want and what is holding you back too”   VALUABLE RESOURCES MSOPI – Multiple Streams of Income: 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 Kevin is joined by Muzzy, a property dealer based in Nuneaton. He talks to Kevin about his own personal property journey and how Progressive Property helped him with his fast route to success in 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  Muzzy got into property almost by accident. He saw an opportunity to join a property course for free to learn about investing and this is what got him interested. It was June 2019 when Muzzy found Progressive. He did the MSOPI course first which led to him completing the Rent2Rent course and mastermind. It’s essential to have a cashflow strategy when getting into property investing. It’s important to gain and understanding of why you want to get into property and what it is you want to achieve. No money down felt impossible to Muzzy before he learnt about how to make it happen, now it feels so simple. Until Muzzy undertook Progressive training, he thought there was only one way to own property. The courses opened his eyes and inspired him to build his own property empire. Life has changed considerably for Muzzy and his family. It has allowed not only him to follow his passion but his wife too. The knowledge Muzzy learnt from Progressive was essential. Even now he recognises that he wouldn’t have been able to have the success he has had by going it alone.     BEST MOMENTS   “I was still slightly sceptic until I bought my own property with none of my own money” “You can take that problem away, generate cash for yourself and help someone else [too]” “I didn’t think it would happen this quickly” “I don’t need to know everything I just need to know the people that know” VALUABLE RESOURCES MSOPI – Multiple Streams of Income: 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 Nick based in Southampton joins Kevin in this episode. Nick started in property 4 years ago, where he struggled at first but in the past 12 months he has managed to really accelerate his property journey. Listen in to hear be inspired by what he did to turn things around and learn what you can do to step-up your property journey too! 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 Nick was working a job in manufacturing when he read the book Rich Dad Poor Dad, this was the catalyst that made him decide he needed to earn more money and led him to starting his property journey.   He began looking at free property content in places like YouTube and attending free events in London. This is how he decided that the UK property market was for him.   Nick didn’t have cash for a deposit so after more research started looking at rent2rent strategies. He started off with Serviced Accommodation but then moved into HMO’s after attending the Progressive Rent2Rent online course.   Once live events started up again, Nick travelled down to Peterborough to attend the Progressive No Money Down Event. He got so much value from this course that he then signed up to the mastermind and it has helped him accelerate his property journey.   When using the rent to rent strategy, it’s a myth that you need lots of landlords and agents. Often you just need one and they will feed you the best deals.   Nick never realised how important networking was until he found Progressive. He has found the progressive community incredibly valuable and it has helped him so much along the way including securing many of his deals. BEST MOMENTS   “I went to no money down and got lots of value” “ I have the worst boss possible and it’s myself, I work full time in property” “You don’t need lots of landlords, sometimes you just need one”   VALUABLE RESOURCES MSOPI – Multiple Streams of Income: 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 Kevin has over 19 years’ experience in property, using creative property techniques to build his multi-million property portfolio. Join him in this Q&A where he answers many property questions frankly and informatively. Topics discussed include the role of landlords in the property market in 2022, what type of mortgage you should be getting and why your property knowledge is so much more important than what you have in the bank. 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 You don’t always need to have a 25 year repayment mortgage. With investment properties you can simply have interest only mortgages. This keeps the mortgage payment lower. It’s worth spending a bit more on the finish of a refurb in order to charge higher rent. You can also join LNPG to get great savings on your refurbishment costs. Simply investing all your life savings into a property isn’t a property strategy. Building a portfolio is all about your plan. You don’t even need your own cash to start in the property game, it’s about having the right knowledge to get you started. Buy to let landlords are not stopping other people buying homes and they have not caused inflation. No matter what, you need to be doing the fundamentals of buy to let: buy, refurbish, let, refinance. BEST MOMENTS “Repayment mortgages for your home, but buy to let homes: interest only mortgages!” “There will always be something stopping you getting ready…it’s about taking action, to take the steps” “Our job as property investors is to always focus on the opportunities that come out of other people’s problems” “Whether you’re a landlord or a tenant there’s people with integrity and there’s people without integrity” VALUABLE RESOURCES MSOPI – Multiple Streams of Income: 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 Welcome to a very special episode of the Progressive Property Podcast as Kevin covers the five key things to know before you get started in property. Discover why you don’t need your own money to start investing, why it’s important to surround yourself with a network of like-minded people and why cheap doesn’t mean cheap! If you’re starting out in property, this episode is for you. 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 You don’t need your own money to start. With low-interest rates, there are billions of people looking for safe investments in the property market and you can help them by finding and sourcing deals and purchasing property with none of your own money. Surround yourself with likeminded people. Your network is your network, the right network of people will help to advise you to build assets, invest your wealth back into yourself and help to grow you and your legacy over time. Invest locally. You know your local area better than anyone else. Investing locally means you can move quickly, negotiate better deals, build and expand on your local network and invest in the right areas because you know your local streets. Find a mentor that challenges you to think bigger. Everyone has a mentor in their life but are they protecting you and holding you back? Join the Progressive community and find a property mentor that is an expert in property and that can help to propel you and your property portfolio forward. Cheap doesn’t mean valuable. The R.E.A.S.O.N model helps you identify what not to buy. Rundown, Expensive, Abroad, Scattergun, Off-plan, New-build. BEST MOMENTS “There’s nothing safer than property investment” “When you invest locally, you know the property market”  “Investing with your own money is the thing that holds most of us back in building a property portfolio.” VALUABLE RESOURCES No Money Down Challenge - YouTubehttps://www.amazon.co.uk/No-Money-Down-Property-Investing/dp/1909846767 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/ http://progressiveproperty.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 today’s episode, property expert Kevin McDonnell takes us on a trip down memory lane as he looks back on some of his biggest failures in the property industry and gives us his expert advice on how you can avoid making these mistakes yourself! Don’t miss Kevins expert advice on how you can become a success in 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 6 Biggest Property Failures- Investing Abroad- Don’t buy off-plan property. You are buying something that might go up, or down in value. You’re also purchasing something that might not even get built, there is no real guarantee, and whilst you are waiting for the build to be complete you are not making any money from the property. Purchase property in an area you are familiar with that can make you money instantly and whereby you are familiar with the tax and property laws.   Doing All Your Own Refurbs- This takes up far too much time which can stop you from looking for more property investment deals. The standard of work was also not up to the standards of professional tradesmen, meaning a few years later the poor workmanship will have to be redone. Tying to do those refurbs yourself, will cost you more time and more money.   Waiting Too Long Before Quitting Your Job- Just commit and get out, because quitting your job will allow you to focus more on property and your results will have scaled massively once leaving your job, allowing the freedom and mind space to really focus on scaling your property business.   Waiting Too Long To Hire Staff- Where in your business can you add income? Where can you put money into your business? Things such as speaking to joint venture partners, people who want to invest money into your business, negotiating property purchases or contracts on rent to rents with homeowners, that is where your focus should be. Outsource all the other tasks to staff such as property management, speaking to the tenant, maintenance inspections, all of the tasks that are time-consuming but don’t generate income but rather take money from the business.   Not Having A Clear System To Check Staff’s Work- Hiring any staff comes with an element of trust, and sometimes in fast-growing businesses you can end up leaving staff to get on with their job whilst your focus is on other things. This could potentially result in foul play from your staff as they feel like they are able to get away with things easier as they are not being monitored. Create a system whereby this is not possible. Check your properties out, check your own staff out and make sure that what’s being said is the reality.   Not Hiring A Project Manager- A project manager will hire the entire refurb team to avoid any miscommunications between different tradespeople. If possible, make somebody you know or are familiar with and that you trust your project manager who can get the job delivered on time. Them being responsible for the project means that there's no way there can be any excuses or tension between the rest of the team.         BEST MOMENTS “Mistakes are a part of life”   “You only have to be right 51% of the time”   “The richest people on this planet have made many mistakes”   VALUABLE RESOURCES https://www.amazon.co.uk/No-Money-Down-Property-Investing/dp/1909846767 https://www.youtube.com/watch?v=o8TZdualhcw https://robmoore.com/ 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/ http://progressiveproperty.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/