The Progressive Property Podcast

Progressive Property Co-founders Rob Moore and Mark Homer join the show to share with you the best active and passive investment strategies for high returns and regular income when investing £10,000.  Discover how to get the quickest returns on your investment for short, medium and long-term capital growth from investing in everything from property, stocks and businesses to assets such as cars, watches and commodities.   KEY TAKEAWAYS The quickest returns on an active £10,000 property investment will be when you combine your capital with effort and hard work and create a business. eCommerce is a great opportunity for investment, it’s a growing market with huge potential for scale. Platforms such as Shopify and Amazon can help you reach huge audiences quickly. If you’re passively investing £10,000 the safest options are most ISA’s or a portfolio of tracker funds that invest in the FTSE or American spread. Platforms such as Vanguard and Hargreaves Landsdown are recommended to use. The best property businesses to start for returns are Rent2Rent, Serviced Accommodation or Deal Packaging, these property strategies will give you a fast cashflow each month and ability to get a return on your investment so that you can scale your empire. However, a joint-venture with other investors is also a great way of pooling your capital together for larger projects with bigger returns. One of the better longer-term passive investments to make is in classic cars and watches. If you do your due-diligence using sites such as Glenmarch you can track the price of classic cars and their average price sold. With the right research on the right premium brands, these investments will increase in value year on year and you will see a positive return.   BEST MOMENTS “By starting a business and by working hard you will see a better return than any other investment strategy” “We started our training business with £300 each” “Put your £10,000 into a business that you’re passionate about so that you’re motivated to grow” “Purchased non-depresiative items” “Do your own diligence on all your investments” VALUABLE RESOURCES https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/ https://www.glenmarch.com/https://www.hagerty.co.uk/valuation/tool/https://www.vanguardinvestor.co.uk/https://www.hl.co.uk/ SUBSCRIBE TO THE A NEW INVESTMENT SERIES Episode One: How to Perfectly Invest £10,000 | The Best Stocks | Property | Gold & Classic CarsWatch Live On The Progressive Property YouTube Channel Every Monday At7PM Tiny.cc/PPTVListen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes 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. 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 the 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_rsLinkedIn: https://uk.linkedin.com/in/robmoore1979  progressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

Tune in for another dose of the UK’s hottest property news and investing updates. In this episode, Kevin covers recent reports of the emerging ‘Landlords Market’, how investors are looking to expand their portfolio in 2020/2021 and dives into the announcement of an extension to the re-possession exemption landlords are facing due to the COVID-19 pandemic. Plus listen to the end to hear the latest news straight from the Progressive Property Community. Join the Progressive Property Community SUBSCRIBE TO A BRAND NEW MINI-SERIES How to Perfectly Invest £5,000 | The Best Stocks | Property | Gold & Classic Cars Watch Live On The Progressive Property YouTube Channel Every Monday At7PM Tiny.cc/PPTV Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes     KEY TAKEAWAYS Weekly Property News   Landlord Today confirms that there will be no enforcement of possession orders except in urgent cases including trespassing, squatting and fraud. 1 in 11 private renters are currently furloughed and the extension of re-possession exemption will be a lifeline to renters relying on it. However, this does not address arrears tenants and landlords are still facing and the Government need to put together a bespoke package to help renters pay off their arrears with increased benefit support and hardship loans.   Property Investors Today reports that it is now ‘Landlords Market’ 10% of landlords are currently looking to expand their portfolio compared with only 3% at the end of 2019 and 82% of landlords claiming they would not look to purchase another investment property in 2020. Now landlords are looking to take advantage of the stamp duty holiday and this could see a spike in investments outside of city centres.     Progressive Property Community News   How can you invest 150k? Aim to leverage the investment by spreading it out into deposit pots to purchase up to five individual property investments. Additionally, 150k could be used to find JV partners and as a strategy to build out a much bigger property portfolio.   There is an opportunity to purchase unencumbered land, obtain planning and then use this as leverage to build out property units. The exit will be to sell some units and keep some for passive income. With this opportunity, it’s important to think about your cashflow strategy as well as the long-term capital gains that will come with this investment.   BEST MOMENTS“Extreme arrears is one of the few reasons for eviction during lockdown”“Renters have abused the ban on the re-possession exemption causing hardship”“Property in city centres no longer represent a good investment”“Now is an opportunity for landlords to take advantage of the stamp duty holiday” SUBSCRIBE TO THE A NEW INVESTMENT SERIES Episode One: How to Perfectly Invest £10,000 | The Best Stocks | Property | Gold & Classic CarsWatch Live On The Progressive Property YouTube Channel Every Monday At7PM Tiny.cc/PPTVListen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes 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/

Should you invest in Property or Cryptocurrency? What’s the better investment for someone looking to make a return on their money? Today, Kevin explores the advantages and disadvantages of Property VS Crypto and shares his opinion on the best investment vehicle for a steady, reliable and passive income. Listen in and learn the cycles of the property market, the reason for rising house prices and the history of Crypto market volatility. Disclaimer: Before you invest you should seek independent financial advice from a qualified professional. Join the Progressive Property Community SUBSCRIBE TO A BRAND NEW MINI-SERIES How to Perfectly Invest £5,000 | The Best Stocks | Property | Gold & Classic Cars Watch Live On The Progressive Property YouTube Channel Every Monday At7PM Tiny.cc/PPTV Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes   PROPERTY INVESTING   The richest people on this planet have either made their money in property or invest their money into property. Property has made more people on this planet more money in history than any other wealth-generating vehicle and property is the investment class whereby people protect their wealth.   The population in the UK is rising year after year and there is a lack government plans for more housing despite the growing demand and a lot of the population are living in existing sub-standard accommodation. This presents opportunities to the property investor as a growing demand will push up the value of house prices and rental contracts.   Property house prices are constantly rising overtime and with generation rent, the future of UK property is destined for an increase in rental properties.   There is a proven cycle to property investment with the marketing booming and busting regularly. This cycle cannot be timed but can be spotted overtime and investors can see the rise or drop coming and act accordingly to either increase their property portfolio or exit the market.   CRYPTOCURRENCY INVESTING   There’s massive fluctuation in the crypto markets with prices going up and down regularly. It’s a volatile investment that can yield huge returns but can also drop suddenly and as an investor it’s impossible how to know what direction the price is going in. Crypto blockchain technology is incredibly complicated and only a small number of experts truly understand it. Investing in individual Crypto coins is actually quite simple. There are thousands of Crypto coins and new ICO’s everyday so how do you know which coins will turn you a profit? Most coins will lose investors’ money and in reality Cryptocurrency is the wild west of investing today. PROPERTY VS CRYPTO   In a property transaction you can force the value by leveraging the banks money, take control, keep the asset and take your money back out of the deal. This is known as the B.R.R model. With Cryptocurrency you have less control over the price.   Property can be a passive income investment once you pull your initial investment back out of the deal, with Cryptocurrency you will only see a return when you sell the coin and therefore no longer have the asset.   BEST MOMENTS“Property has been around forever and there will always be a demand for property, people need homes to live in and it will generate you a stable monthly cashflow every month.”“With the rise of the population and lack of new property developments, house prices and rental agreements are being pushed up.”“You’ve got to make investment decisions today that are going to make you money”“Crytocurrency is the wild west of investing”“Only invest what you’re willing to lose”“Do not out your life savings into Cryptocurrency” SUBSCRIBE TO THE A NEW INVESTMENT SERIES Episode One: How to Perfectly Invest £10,000 | The Best Stocks | Property | Gold & Classic CarsWatch Live On The Progressive Property YouTube Channel Every Monday At7PM Tiny.cc/PPTVListen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes 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/

Welcome to another Progressive Weekly Property News Update. In today’s episode, Kevin dives into breaking news from Landlord today and PropertInvetorstoday.co.uk as they cover the upcoming licensing of private landlords and the growing retail to residential plans for retail giants as they feel the effects of the COVID-19 pandemic. Plus listen to the end to hear the latest news straight from the Progressive Property Community. Join the Progressive Property Community SUBSCRIBE TO A BRAND NEW MINI-SERIES How to Perfectly Invest £5,000 | The Best Stocks | Property | Gold & Classic Cars Watch Live On The Progressive Property YouTube Channel Every Monday At7PM Tiny.cc/PPTV Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes     KEY TAKEAWAYS Weekly Property News   Landlord Today: The licensing of private landlords is on the horizon. This regulation has cross-party support and is in the pipeline to be completed in the next few years. If you’re already a private landlord you will automatically qualify for licensing but moving forward new landlords will have to meet the regulation.   Property Investors Today: Will retail to residential property conversions continue to grow? Vast changes forced by COVID-19 have brought into sharp focus the dilemmas that high-street retailers are facing right now. Retailers are looking to use the space of their properties to incorporate residential property also.   Progressive Property Community News   If you have a HMO property and one of your tenants falls pregnant you must contact them to further understand their plans as you cannot have a HMO tenant with a newborn baby. In this situation you can retain the tenant buy offering them a single-let property as an alternative. You must do your due-diligence with tenant references. As a landlord, there are three further checks you can do to ensure you’re entering into a contract with your ideal tenant. 1. Ask them for 6-months previous paycheck/proof of rental payment. 2. Ask the second to last landlord for their reference. 3. Use a credit check platform to check their eligibility to let your property.   BEST MOMENTS“Lidl and Aldi have incorporated residential space about their new stores”“Tesco own a development arm with their business”   SUBSCRIBE TO THE A NEW INVESTMENT SERIES Episode One: How to Perfectly Invest £10,000 | The Best Stocks | Property | Gold & Classic CarsWatch Live On The Progressive Property YouTube Channel Every Monday At7PM Tiny.cc/PPTVListen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes 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/

Join a brand new and exclusive investment mini-series with Progressive Property Co-founders Rob Moore and Mark Homer as they share with you how to perfectly invest £5,000 with an array of investment tactics, strategies and opportunities ranging from active and passive investments in property, business, classic cars and the stock market. If you’re looking to make a good return on your capital and invest in something you love, this episode is for you. WATCH ON YOUTUBE How to Perfectly Invest £5,000 | The Best Stocks | Property | Gold & Classic CarsSUBSCRIBE TO THE SERIES Watch Live On The Progressive Property YouTube Channel Every Monday At7PM Tiny.cc/PPTV Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes     KEY TAKEAWAYS   When you are investing, you have to first decide whether you want to use your time in that investment which is called active, or whether you don’t want to use your time in an investment which is called passive. £5,000, is a relatively small some to begin investing so for the highest return it would serve you to invest in a business, invest your time and invest the bulk of your finances in marketing to drive increased sales. If your passion is to invest in property if may be wise to continue to save until you can move into property investment full time and be smart with your finances by securing loans and JV finance to turn your initial investment into much more. You could also invest it in stock marketing or ISO, but this is passive and it would take longer to generate a huge amount of money. This would be a slower investment and return overtime but can yield impressive results. Training and education businesses are a very good investment because you only need to have the internet and a good phone to record yourself. You only need to know something to teach and a paying audience will listen. Classic watches and cars can generate you huge returns if you purchase them at the right price, but it would be more beneficial to invest in a business to generate you the type of passive income you need to invest in wealth-generating assets. Cryptocurrency is a newer market that can give you a very high return when the price and market cap go up.   BEST MOMENTS"I would invest it in marketing to generate leads to clients resulting in sales." “Nothing is truly passive; you have to work hard for you not to work hard.” “It is important to preserve capital and have contingency cash.” “Cash protects you in terms of your monthly bills, liquidity and also pay your debts.” “Invest in something that you love doing.” SUBSCRIBE TO THE A NEW INVESTMENT SERIES Episode One: How to Perfectly Invest £10,000 | The Best Stocks | Property | Gold & Classic CarsWatch Live On The Progressive Property YouTube Channel Every Monday At7PM Tiny.cc/PPTVListen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes 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/

Welcome back to another weekly update of hot property news, advice and investment strategies. Today, Kevin explores recent articles from ‘Landlord Today’ and ‘Property Investor Today’ covering the booming UK holiday let market, advantages of the current stamp duty holiday and dives into the best investment areas for consistent high yields from your buy-to-let.   Join the Progressive Property Community   KEY TAKEAWAYS   Lower purchase price areas that provide the highest yields don’t necessarily give you the least hassle. There is a much higher turnover of tenant and as a landlord investing during the current economic climate you may see missed payments and tenants facing redundancies.   There’s a common misconception is you want to invest big in an affluent area for a stress free, high return investment in the buy-to-let market. Areas with higher earners will always require a much larger investment cost upfront.   Cheap does not mean valuable. One of the best areas to invest in is right in between the low yielding and high yielding areas where there is good tenant demand and good employment prospects.   You should be looking to invest in the holiday let market to service the demand for staycations. Since the Stamp Duty holiday announcement in July, mortgage providers have seen a direct increase of 39% in mortgages for holiday lets and bookings for UK holiday let cottages in July increased by in 19% in July YOY demonstrating the boom in the UK holiday let market. There is a delay in approved mortgage applications. Due to COVID restrictions local councils valuations and searches taking longer than normal. Additionally independent legal advice for purchases made through a limited company are also taking longer in tier 2 and 3 areas.   BEST MOMENTS“Just because a higher yielding area looks like a greater investment, doesn’t necessarily mean that it’s the case.”“The UK holiday let market is booming”“You should be looking to invest in serviced accommodations with the stamp duty holiday and demand for staycations” VALUABLE RESOURCES https://www.landlordtoday.co.uk/ https://www.propertyinvestortoday.co.uk/ https://www.youtube.com/user/progressiveproperty SUBSCRIBE TO THE A NEW INVESTMENT SERIES Episode One: How to Perfectly Invest £10,000 | The Best Stocks | Property | Gold & Classic CarsWatch Live On The Progressive Property YouTube Channel Every Monday At7PM Tiny.cc/PPTVListen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes 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/

Are you scared of making a mistake? Are you fearful of making a bad investment? In today’s episode of the Progressive Property Podcast, Kevin shares with new investors a 7-stage step-by-step guide on purchasing property and how to know if it’s a good investment. Discover how to spot a strong rental demand, where you can add value and what investments are best for instant cashflow. Join the Progressive Property Community   KEY TAKEAWAYS   Strong rental demand. You should not invest unless you’re sure that you can tenant that property. Research the demographic, demand, value and type of property that rents well in your chosen investment area online and in-person and even survey potential tenants and competition to discover your ideal investment. Cashflow. You need to invest in property that pays a positive cashflow today. Calculate your rental income (turnover) minus your expenses = profit/cashflow. Cashflow will also help to protect you from a recession negatively affecting house prices. Can you add value? Making money is about adding value to a property. Don’t gamble with a property that cannot be improved. Always research the footprint of the property for opportunities to add value. Capital growth potential vs stable property prices. When prices are stable and growth is miserable you will more accurately be able to predict future capital growth potential for that property on that street. Local Economy. Monitor the local economy and understand weather companies will be investing in the area and creating jobs and wealth which will lead to increased rental demand and capital gains. Make your money when you buy. Purchase at the right price, add value and bank future profits. Property Management. Always purchase in an area with good management companies and never manage your investments yourself so that you can focus on finding more deals to increase your wealth. BEST MOMENTS“View other properties to get a good idea of what rental properties should look like”“Property is a business that needs to create you an income today”“If you build up cashflow generating assets, you can replace your income and cover your cost of living”“Equity is vanity, cashflow is sanity”“You cannot add value to new build properties”“Force the value of your property to increase wealth”“Add value and recycle your investment back out by leveraging the banks money” VALUABLE RESOURCES Rob Moore - MONEY 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/

Tune in to a brand new podcast series covering everything hot in property right now! Hear from Progressive Property’s expert trainers each week as they cover the most up to date property news, strategies and tactics in short, informative and educational episodes.   Today, Kevin weighs in on the debate between landlords, students and proposed COVID break clauses, shares his thoughts on the growth of medium-term lets and gives you an insight into the 2021 property market.   Let us know in the Progressive Property Community what your thoughts are on the COVID break clauses debate between landlords and student.   KEY TAKEAWAYS   Should landlords consider COVID break clauses? Current proposals state that the landlord should let the student (tenant) out of their contract or provide a rent-free break whilst the students are not staying in the property. Student accommodation platforms are stating that landlord and academic authorities have to consider break clauses and premature tenancy end for student lets with students studying online and lectures being held virtually. There has been a huge growth in medium-term lets such as Airbnb’s or up to 6-month rentals. Flatio has acquired digital housing marketplace NomadX in an acquisition worth over £3.6 million to expand medium-term lets into the UK marketplace. As investors, we should be looking at what the bigger players are doing and Serviced Accommodation and medium-term let’s are growing.   As a property investor, you should aim to follow the successful. There is going to be a boom in serviced accommodation so piggie back on it. Get in early ahead of the masses and you will get more money from your property as short-term let than a long term let.   2021 Predictions: With Furlough and stamp duty incentives coming to an end in early 2021 we’re likely to see a mirror image of the market crash in 2007/2008. Money will slow down and banks will stop lending but professional property investors will scale their business.   BEST MOMENTS“If you look at what the top of the food chain is doing you can replicate it”“This might be the time to start doing some deals in medium-term lets”“Flatio aims to have thousands of UK property lets in its inventory in the next few years”“Those that push forward with their property investments will make significant income over the next few years” VALUABLE RESOURCES Rob Moore - MONEY 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/

Join the debate as Kevin dives into the age-old question of investing. Should you invest in property or stocks? In this insightful episode, Kevin shares his story of property investing success and what you can get out of property that you simply cannot with stock market trading. Learn the differences in return, how to leverage and liquidate and the reasons why property has created more millionaires than any other investment strategy. KEY TAKEAWAYS   Property gives you a tangible bricks and mortar asset that you can assess before buying and you’re able to control your return and plan your investment more easily than stock market investing.   Property is a lot more illiquid than the stock market as you’re able to get your investment back out completely (sell) within a few weeks, however, stocks and shares can be sold instantly and are a more liquid investment.   Returns in the stock market can massively fluctuate and the value of stocks can move based on the emotions of investors and external factors rather than the actual value of the stock.   Investing in property gives you far more control when leveraging. You can outsource to a letting agency or deal sourcer but you still remain in control. With stocks, outsourcing to a broker doesn’t give you the same level of control.   To the amateur investor, stocks give you a higher return, however when you successfully leverage the bank’s money you can make far more from property investing. For example, earning 3% of a £400k investment (£300k of the banks money) with property vs 8% return of a 100k investment in stocks. The economy moves in boom or bust cycles and property is more recession-proof as stocks are more volatile. Since the last recession property prices recovered, mortgages became cheaper, interest rates were lower and rents increased. Giving property investors a higher monthly cashflow.   BEST MOMENTS “Your comfort with risk will help you decide what to invest in.” “Property was the one thing that I wanted to spend the rest of my life doing” “More millionaires are created through property than anything” “The richest people on the planet either made their money through property or invest their money into property” “When Covid hit the stock market took a plunge and the property market reminded stable” “Property can give you a 50% extra return on stocks when you know how to leverage” “Leverage is the key to success in property”   VALUABLE RESOURCES Rob Moore - MONEY 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/

Kevin is joined by former student, property investor and joint-venture training graduate Alex. Together they discuss how you can get into property, what to look for and how to get that first deal under your belt. Tune in today to hear top tips and advice from two property investors successfully securing deals and investing in property right now. KEY TAKEAWAYS Don’t use all your money for one property. A lot of people have enough money to buy that first house, but then they can't do any more. By reading property education books and by joining online communities you will learn better ways to invest.  Education. You need to have the right knowledge for you to achieve success and not lose money. Attend courses, seminars, read books and listen to podcasts and acquire the right knowledge.  Refurbishing. After purchasing property, it’s good to do refurbs, but it's really important when you're doing a refurb that you do things in the right order. Why you should invest now and not wait in the future. There are always good deals out there and if you don’t invest in it now, someone else will do and make money that was supposed to be yours.  Viewing. While viewing a property, always know why the owner is selling it and if it’s in a bad state and always know if the property in in a prime area.  Funding. It’s okay to get money from other people and there are always people out there with the money to lend it to you, but you have to present yourself in the right way for them to invest in you. Joint ventures. You should always put yourself out there on social media, sell yourself as who you are and what you are doing on to attract investors with the same desires that you have. Numbers. What’s important is not the asking price; the important thing is the end value. What will be the worth of that property after you've done the work? BEST MOMENTS “Look at something as an opportunity and not a problem.” “Investing in properties isn't a retirement plan, it’s a now plan.” “The uplift in value is the bonus money.” “Have faith that other people will lend you money if you present yourself in the right way.” “Show yourself as you, show your area as something that you know, and just be honest and credible about what you've got.” “Wealthy people spend their money trying to save time, while poor people spend their time trying to save money.”   VALUABLE RESOURCES Rob Moore - MONEY Follow Alex Moyes https://www.facebook.com/alex.moyes.758 ABOUT THE GUEST Alex took part in the seven-day joint venture finance raising challenge that Progressive Property held on social media earlier in the summer. He was one of five people who got to pitch a deal to me and an angel investor for funding. Kevin chose Alex’s deal to fun and ‘he’s got the keys’ 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/