The Progressive Property Podcast

Is going big or go home the right strategy? You hear a lot of people, especially on social media, talking about ‘going big or going home’ as being the right strategy but what if this isn’t right for you and your circumstances? In this episode, Kevin talks through why you should ignore that talk and focus on your own goals. Kevin talks through the best ways you can set SMART goals in your property business, whether you are aiming to save for your pension or you want to become a property multimillionaire. If you haven’t set your business goals yet this is the episode for you.   Key Takeaways Everyone’s goals are different. It’s important to set goals that are important to you, and related to what you love not influenced by other people. Sometimes, it’s enough to know that you can quit your job if you need to. You might love your job but would like to build a bigger pension pot.  Even aiming to earn £3,000 to £5,000 a month from property is a great goal. We don’t all want to own hundreds of properties and that is fine.  It’s important to set your goals effectively, whatever they are. Make sure you write your goals down and that they are not dreams. To ensure they are not dreams work out how you are going to achieve these goals and when for. For example, if you want to earn £5,000 a month from property, set a date in the future when this will happen. A really good technique for goal setting is SMART which stands for Specific, Measurable, Achievable, Realistic and Timebound:  This means being really precise in what you want to achieve, and how you are going to do it. For example, this could mean the type of property that you are going to purchase, how you are going to fund it or what type of marketing you are producing in your property business. How are you going to measure where you are in your journey? In terms of marketing; how are you going to measure the success of your marketing. Once you start to measure your marketing results you can create Key Performance Indicators (KPIs.) KPIs allow you to adapt and change based on evidence. You will know how many leaflets you have to deliver to get one deal through for example.  Make sure that your goals are achievable from the position that you are starting from and in the time you’ve set. Recently I heard of one client who had a goal of purchasing 2,000 properties within two years, all of which would be through a tenant buyers process. Progressive Properties, which has been going for ten years only has around 700 properties, so this was just a completely unachievable target.  When setting your goals you have to make sure that they are grounded in reality. All sorts of factors can make a property deal realistic or not such as access to finances, JV partners, savings and where you live in the country. Similar to achievable make sure you are being realistic in your goal setting. There is nothing more disheartening than a goal which is not achieved because it was too unrealistic to start with.  Time-bound. Make sure you give yourself a deadline for your goal. This might be delivering 1000 leaflets by the end of next week, or speaking to five estate agents in a day. Once you have a time-bound goal you can measure where you are against that goal.   In our day jobs, we are sent on lots and lots of training. This is to enhance the companies profits not just give you a good personal development day. Similarly, in property, make sure you educate and invest in yourself to make the most money possible and achieve your goals.  Best Moments‘Everyone needs to focus on doing what's right for them.’‘Don’t worry about other people’s path.’‘What’s important is how smart you work.’‘Don’t have dreams, have goals.’‘Focus on you and your goals.’‘KPIs are critical for all successful businesses.’‘I’m always checking where I’m at in terms of KPI’s.’‘Be specific about how you are going to measure your success.’‘The reality is that a lot of people have dreams rather than goals.’‘Where success happens failure often has happened at some point before it.’‘We are all failing forward.’‘Sit with your mentor to figure out your realistic goals.’‘Stop listening to all those 5 am club people.’‘Focus on your own path.’‘Do something every day that gets you a little closer to achieving goals.’ ABOUT YOUR HOSTKevin 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/ No Money Down: Property Investing by Kevin McDonnell progressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

Would you like to network with 12,000 like-minded property investors? Learn from some of the most experienced, and successful property entrepreneurs in the world? Then the 10x Superconference is for you. Kevin interviews one of the speakers at this year's conference, which is all but sold out, co-founder of Progressive Property Mark Homer. Mark talks about his journey into property, what are the best strategies at the moment and what he’s going to be talking about in his presentation at the conference. If you’re looking for a reason to book your ticket to the conference, then listen ahead to this fascinating interview with Mark Homer.    KEY TAKEAWAYS Most of my time is spent doing property deals, running our property business. I’ve bought, sold and refurbished over 800 properties. At the moment I'm doing a lot of commercial conversions into residency. I help oversee our letting agency and the numbers for the business.     Why property? It’s all about the returns. When you’re talking about property things start and finish with return on capital invested. There are lots of leverage you can get on one single let, compared with other investment types. I’m doing more and more, larger buildings where you can get a return of 25-30% back on a property. Not many other investments would give the same returns as property.     I started with small terrace houses. I was buying, refurbishing, and building up my portfolio. I graduated into bigger buildings, and HMO’s. It’s been a fifteen-year journey for me where I’ve ended up doing more and more commercial conversions from pubs and empty buildings.     What's your preferred strategy? This is very much based on things that are of their time. I’ve recently gradually started doing more and more commercial conversions around putting a retailer on the ground floor and converting the higher floors into flats for example. Often the projects I do are opportunity-led and of its time.     Whose has been your inspiration? In terms of residential and property, I would say Andreas Panayiotou. I think he ended up owning thousands of properties in London over the years. In terms of investors, I do think Warren Buffet is great. I love his long-term attitude to investing and he compounds his returns.     Why do you think you should attend the Superconference? I’ve moved on in my journey because I’ve learnt from other people. I’ve learnt how to do the tax, contractors and others. At this conference, there will be 12,000 other property investors in the room and the speakers. Grant Cardone portfolio is nearly a billion dollars. We are all doing different things.    What are you going to be talking about at the Superconference? Lots of things are changing in our economy at the moment and I'm going to be talking about how we can take advantage of the uncertainty. I’m going to go through a couple of case studies which I’m working on at the moment.     Is there 'one' really exciting thing about the Super-conference? In terms of finding the right commercial buildings, finding the right partners and finance. I think people will hopefully get a lot of interesting different things. There will be a lot of different mindset of things there with Grant Cardone. I’ll be speaking and learning about different strategies.     Top three benefits of attending the Super-conference? Property starts and finishes with income, and cash flow, replacing that income. Networking with other people and are like-minded. How inspiration is it to have all these speakers who are coming,     What has property done to 10x your life? 10x is different to me than for others. For me, it’s around commitment but growing in stages and making mistakes at the right level. As soon as you know everything and you have the right data it's vital to scale up. If you know it works you need to make sure that you scale it up to make it work.     BEST MOMENTS ‘Most of my time is spent doing property deals.’  ‘The returns are really good.’  ‘The stock market is harder to get right.’  ‘I like turning older properties that haven’t got use into residential properties.’  ‘Often the best time is now to get into property.’  ‘Don’t extend yourself at the minute as we are in the second half of the cycle.’  ‘Warren Buffet has been a big inspiration for me. He reads for hours everyday.’  ‘The experience and knowledge is deep in lots of different niches.’  ‘There are lots of different options even if you don’t have any money.’  ‘I met lifelong friends at the last conference.’  ‘Always invest locally.’  ‘Try and avoid scattergun approach.’  ‘Try and find the best letting agent.’  ‘If you go to a new town you have to learn everything all over again.’  ‘You can make millions of pounds in one deal.’  ‘If you don’t know the detail, and start from the bottom you can lose out.’  ‘Everyone is always learning.’  ‘The inspiration you will get from all these people.’  ‘You have to work hard and work smart.’  ‘Get into your niche and be the best at whatever that is.’  ‘I’ve moved on in my property journey by learning from others.’    VALUABLE RESOURCES www.10xsuperconference.com     ABOUT YOUR 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/  No Money Down: Property Investing by Kevin McDonnell  ABOUT THE GUEST Mark Homer  Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, as well as co-authoring the UK’s best-selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined.    CONTACT METHOD Markhomer@progressiveproperty.co.uk https://www.linkedin.com/in/markhomer1 https://www.facebook.com/markprogressive https://twitter.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/

Ever thought that you can’t buy property because you don’t have a 25% deposit, or you don’t earn enough to gain a mortgage? Well, there are plenty of ways for you to invest in property, with either no money, very little money or with someone else’s money. Kevin this week talks through the various different ways that are available for you to invest in property with ‘No Money Down.’ From using rent-to-rent and Planning Gain, listen from the expert in ‘No Money Down’ property structures to make sure you start investing in your future today.   Key Takeaways Do you know people who own a lot of property? Do you know them personally or have you read about them? The reality is they probably get there by doing ‘No money down’ property deals. They didn’t do this by working in a job to save for a job. If you don’t use ‘no money down’ investing otherwise you won’t own enough properties.   What is ‘No Money Down’ Property investing? There are three types of ‘No Money Down.’ It could literally mean there is no money down on the property, or there is very little or no money down on a property. Would you be willing to purchase a property for £1 which is worth millions and gives you lots of passive income? The final meaning is where you use other people's money to put down on a property.   What ways can you do ‘No Money Down’? People say you need a mortgage or you need 25% or you need to go through an estate agent, none of these things is necessarily true. This is not what creative property investors do.   You need time, you need knowledge, you need the money to get into Property. It doesn’t happen to be your money, however. There isn’t enough money to give back everyone the money there is in their account. A lease option is a really powerful strategy, which allows you to control someone else's property. When you buy a house, you get a title deed. It has the owner name and it has the address on it alongside anyone else who has an interest in the company. This means you get control of the title deed, which gives you control of the mortgage, cash flow and profit.   Rent-to-rent is a great option. You can get control of other people's property and the cash flow without the deposit. We’ll get the landlord to make sure that there is a few months free rent, you can even get the furniture in buy now pay later scheme. You rent the property, and then you put the tenants in the property. People don’t want the hassle of managing a property. If you don’t have a deposit rent to rent can be great.   Rent-to-Buy. There are lots of people who are in rented accommodation and they want to buy a house but they can’t afford to. You pay the market rent and have an option to buy later. The purchase price is locked in on day one. So you can move in, or someone else can be moved in. There is no cost to the landlord, the purchase price can be increased.   Buy-to-Flip. There are costs to this when you are doing the refurbishment. Buy-to-flip has to pay an additional 3% stamp duty which has eaten into profits. But an assisted sale could be useful. This is where you joint venture with the homeowner. You pay the refurbishment and increase a purchase price up front. You can split the sale cost after the event, so it's a win-win from the homeowner. You can joint venture with someone else to pay for the refurb costs as well.   Planning Gain. You don’t need to buy a house to benefit from planning gain. This could be where you get an option to buy on a plot of land, and submit planning permission and then sell your option to buy.   Best Moments ‘Just because some money is needed it doesn't have to be your money.’ ‘Don’t think that without any savings ‘Money doesn’t really exist.’ ‘The situation of the homeowner is more important that the ‘Lease option is a really powerful strategy’ ‘In a leasehold, you are not buying the house.’ ‘People don’t want the hassle of managing a property.’ ‘There are opportunities to make money in areas where people don’t want to do the work.’ ‘A tenant-buyer property contract you have the security of ownership.’ ‘Buy-to-flip pay an additional 3% stamp duty.’ ‘You don’t need to buy a house to benefit from planning gain.’ ‘Joint venturing is a hugely powerful strategy.’ ‘You can exchange your time and knowledge for their money.’ ‘Don’t pedestalize the money.’ ‘The more you network the more money you can make.’ ‘One of your greatest assets is the time and willingness.’ ‘Ask people to look at your deals before you go to investors.’ ‘Don’t chase for the money.’ ‘Sell through not to.’   About Your 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/ No Money Down: Property Investing by Kevin McDonnell progressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

Property is one of the safest and most lucrative investment opportunities. If you have been procrastinating buying your first property, or delaying starting your property business, Kevin has ten reasons why you should start investing in property today. Property is great to leverage, you’ll get instant equity, and it gives you a better return than any bank will these days. Listen to the ten reasons why you should be investing in property right now.   Key Takeaways   Population Growth. The UK population has increased, a record, 8% in the last decade. This is getting bigger every day, and there is no more land so there is a housing shortage. We’re not building homes quick enough, which is pushing house prices up. There are 100s of thousands of empty properties that are ready to be brought back to the market. Generation Rent. We are right now living in generation rent because people can’t afford or don’t want to buy their own house. Throughout history, we have a much more own-house mentality in the UK compared with other Europen companies. The average age for a first-time buyer is mid-30’s. A quarter of the UK population will rent by 2021. Property allows you to leverage money more than any other investment class. The same £100,000 goes a lot further than investing in stocks and shares even if the property market goes up half of what stocks and shares do, you’ll still get good cash flow. You can leverage everything including estate agents, letting agents and solicitors to make sure your time is used most effectively.   Instant Equity. You can make equity on the same day when you purchase property. You can think about the potential future value of a property where you turn a 3-bed house, to a multiple ownership house. You can add instant equity, over a matter of weeks.   People always tell me they are always waiting for the right time to buy property after Brexit for example. You should always just buy now. It doesn’t matter about Brexit or a recession but it matters that you buy property now and make money now. Don’t try and guess whether the property will make you money in the future because that’s gambling.   Section 24. This means that landlords, anyone who has more than one property, will no longer be able to claim their mortgage payments as a tax-deductible expense. A lot of landlords had been buying properties in their personal name so they have moved from profit to loss. To avoid this you have to buy properties as a limited company. This means that there are a lot of properties on the market from Landlords trying to sell their properties.   Brexit is all over the news at the moment, and no one knows what is happening. They cause the newspapers to hype things up. One thing for sure is that people will need to live in houses. We need to be ready to make successful property purchases in this business.   More and more people are waking up to the reality of their pensions not being worth as much as you had hoped. Most people do not have enough from their pension to live off when they retire. The retirement age is getting longer and longer, further and further away because of the pensions deficit. I use my pension through SASS and SIPP to purchase commercial, and residential property, which gives me a far greater pension than my previous job ever would.   Property Investment is much better than leaving it in the bank. You will get a much healthier return even on a single let property compared with leaving your cash in a bank. Once you have more than £85,000 then your money is not protected if the bank went bust like Northern Rock. Putting your money in bricks and mortar protects it from inflation.   Political and Economic Stability. We are living in one of the most politically, and economically stable countries in the world. It’s probably the safest property market in the world. Even with Brexit, we are living in one of the best countries in the world to invest in property. Sometimes we take that for granted.   Best Moments ‘Success leaves clues.’ ‘Some of the most successful people have made their fortune from property.’ ‘More people are looking to rent by the room, and smaller properties.’ ‘The UK is more crowded than any other EU company.’ ‘The UK will have double the density than Germany in the next ten years.’ ‘We’re not building enough stock.’ ‘The number of houses now is at its lowest since the 1920’s.’ ‘It is not cheap to build houses.’ ‘Rental maybe a good thing to move around but it's not a good thing to build wealth.’ ‘You can outsource everything and retain most of the money.’ ‘With property you can add instant equity.’ ‘You have to buy for cashflow.’ ‘People went bust in the recession because they didn’t buy property for cashflow. ‘You don’t wait to buy property, you buy property and wait.’ ‘Now has always been the time to buy property.’ ‘There is no such thing as jobs for life anymore.’ ‘Always look for win, win opportunities.’ ‘Be greedy when others are fearful, and fearful when others are greedy.’ ‘Just one property will be a great addition to your pension.’ ‘Use property to grow our pension.’ ‘Your money is getting eaten away by inflation.’ ‘Sometimes we forget just how lucky we are, and gives us the freedom to live our dreams.’   About Your 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/ No Money Down: Property Investing by Kevin McDonnell progressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

Have you already got your hands on the 10X Property Super Conference tickets? You better be! This episode of the Progressive Property Podcast might convince you to stop doubting about going and finally decide to go the biggest property network event of the year. Today, Kevin interviews Grant Cardone, the Founder of Cardone Capital and the best-selling author of ‘The 10X Rule’. This shall give you a good sneak peek on what the 10X Property Super Conference shall offer since Grant will be a Key Speaker for the said event and will be sharing more of his experience, tips, strategies, and resources on the event itself. Grant advises that you – with your positive mindset, vibrant energy, and exciting ideas – be ready on meeting new people that could help you and also collaborate with, in your property journey. Discover more about Grant when you tune in! KEY TAKEAWAYS Why is property a major part of Grant’s business? According to Grant, for people who want to grow their wealth, property investment is the most straightforward, least complicated and most conservative way. You don’t have to graduate with flying colors or join elite groups to be the best real estate agent.  You just have to equip yourself with the knowledge, skills and the best judgment in choosing your properties. What makes Grant different from other real estate agents? He sees so much possibilities with real estate at this point in time. Grant’s tip on how to not lose your property: Make sure that it provides income that services the debt and operations. Do your homework – research so there is always certainty. Don’t panic. Buy the best piece of land and you’re going to be fine. How important is network? If you don’t network with the right people and wait until the crash to move, then you’ll never get great deals. “Commercial real estate is not controlled by individual owners; the best real estate is controlled by brokers and financial institutions.” Grant’s advice to those who are just starting in real estate. Network during the 10X Property Super Conference. Start studying the key speakers so you know the right questions to ask. Don’t buy on a budget. What worries Grant today? Grant recalls the first deal he ever made where he relied only on how much money he got that time. It was a bad decision which has put him in the bad spot. He wished he knew that lower cash flow in better locations appreciate when things blow up. What’s the most important skill for Grant? Be persistent and keep going. If you got knock down, get back up. Study the rich people, the financial institutions, and the insurance companies. Where do they buy? BEST MOMENTS   “I’m a hardworking person, I didn’t have connections, and I didn’t have money. In real estate, unlike any of my businesses - I run seven businesses, but real estate is the simplest of them all.” “I think people are underestimating the possibility with real estate at this time in the world.” “Cheap is cheap.” “Find something that’s going to be a great investment.” “I would rather have a lower cash flow in a better location.” “If you know you can do more, then do more.” “I don’t find my luck if I don’t work.”   VALUABLE RESOURCES bit.ly/10xpodcast 10X Property Super Conference with Grant Cardone & Mark Homer (June 7-8, 2019) The 10X Rule: The Only Difference Between Success and Failure by Grant Cardone   ABOUT THE GUEST Grant Cardone is a multimillionaire entrepreneur whose personal property empire is valued at over $900 million. He is also the Founder of Cardone Capital and the author of the best selling book, The 10X Rule. Official Website: https://grantcardone.com/ Grant’s Twitter: https://twitter.com/GrantCardone 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 by Kevin McDonnell progressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

In today’s episode of the Progressive Property Podcast,  Kevin McDonnell discusses action, buying at auction, selling at auction and the difference between buying at an auction and buying through estate agents. Learn the tips you need to know before buying at auction and the types of auctions that offer the best property opportunities. KEY TAKEAWAYS What’s the difference between buying an auction and buying through an estate agent? the main key difference is, when you purchase the property through estate agents, you get the opportunity to go visit the property, have a look at it may be more than once, maybe two or three times even just so you're really comfortable with that property, you could get a builder to take a look at it and get some quotes on the maintenance, so you're really clear on what your numbers are before you buy, but also, when you put your offer forward and you start the process of purchasing, you can change your mind. So if anything pops up, if your circumstances change, you can back out of the deal. The difference with an auction is once you secure the purchase, so if your bed is the highest bid on the day of the auction and it's higher than the reserve price, then once that hammer drops, you are legally bound to buy that property within generally 28 days and if you don't buy it, then you would lose your 10% deposit money. So they the owner of the property would receive the 10% deposit money plus fees in some cases, and they'd be able to have their property back and maybe stick it in another auction. Buying at auction, you can get some amazing deals, but you can also get what I call property dogs, and they are properties that are not anywhere worth what they may think they're worth and properties that have got problems. So traditionally if you go to an estate agent to sell a property and maybe it's got some issues with the title or a Scott some covenants on it, or it's got structural issues or subsidence issues, any type of issue with the property, that would be picked up really quickly through an estate agent purchase, but in auction, if you don't do your due diligence, if you don't do your research before the auction, if you don't look at the property, check it out, then you could end up bidding on this property, purchasing the property having to put down your 10% deposit, and then finding out somewhere between the drop of the hammer and the 28 day completion period that you haven't quite bought what you thought you'd bought. Tips you should have before buying at an auction. Before the bidding starts, you've got an auction pack, which is basically a legal pack of all the information that you need around the property, you need to look at this legal pack. If you are not familiar understanding legal packs, get a solicitor to read through that legal pack and make sure that it's very clear that there are no issues with the property. Number two always views the property. Showing up for the auction and showing up on time is very important because you want to see if there's another interest in the property, see what other people are talking about, get into some conversations. Don't let anybody know, though, that you're interested in that property or which one you're interested in. When the bidding starts, you have to watch out for the auctioneer and what's called off the wall bids, because what you'll see is the auctioneer is trying to show some interest, and he'll start bringing the price up and they can do anything they want between the first bid and the reserve price because it's not for sale. So they'll start taking bids in what's called off the wall and they'll point and random people, but not at any specific person. Now there are two different types of auctions. Online auctions and actual physical auctions where there are an auction house and you have to show up and you're sitting in the audience. Reserve price. So how an auction generally works is you have a lot, so each property is listed within a lot and they're listed from lot one, for instance, if this 40, 50 properties in the auction, it will be listed from lot one to lot 40, lot 45, lot 50 in an order, and lot one is the first property that goes up for auction on that day, then lot two, lot three and so on. Now, each property when it's listed and advertised for the auction has what's called a guide price. Now the guide prices what the auction has suggested the property should sell for and then it also has the reserve price. Now the reserve price is the key because the reserve price is the price that the seller so the owner of the property is telling the auction has, if it hits that number, so the reserve price or higher, they will accept the offer and the property can be sold, but any offer lower than the reserve price, then it's not sold. BEST MOMENTS "What generally happens with the guide price is auction houses want to get you in early and they want to build interest and what you'll often see is the first few lots on an auction are priced with a really low guide price and the idea of this is not that they're priced wrong but the Auction House is trying to build interest in the auction and the trying to get people into the Auction House early." “Learn from other people's” “Surround yourself with people that can help you out when you are caught up in some kind of trouble.” “You can lose money or make money from property.” VALUABLE RESOURCES facebook/progressive property community.com youtube/progressiveproperty.com ly/nmdbook.com The no money down property investing book 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 by Kevin McDonnell progressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

Learn how to grow your property business quickly and understand the benefits of getting an education in today’s episode of The Progressive Property Podcast.  Today, Kevin interviews entrepreneur and property investor with over £250million pounds worth of property assets, Alfie Best.   KEY TAKEAWAYS  Property is a people business. One of the best gifts that you can be given is learning how to speak to everybody because you never know who's coming out from behind that door. It could be somebody 90, it could be somebody 15. They're from many different worlds. Learning how to speak to people on the spot is a massive education because it gives you the confidence to know how to speak to people.  How to grow your business quickly. Everybody has problems but your problems should not be an issue, your problems should be a learning experience and every issue that you come across makes you stronger for the next round. It's about going out for the fight, being fit for the fight, being fit for the purpose of the fight, and learning by your mistakes.  Education. Another thing you should do to grow your business rapidly is about knowing your business whether it is vehicles selling, whether it is property or whatever. Through education and learning how you should operate your business to reach optimum production of your company or business, you will always succeed in your businesses.  Self-belief that failure is not an option. This is something that should always be in you whether you are successful or not or whether you are rich or poor. Having this kind of spirit in you always keeps you going whenever the times get hard and be sure with this, you will always emerge at the top. We can all fail if we believe it's a failure, or we can all win if we believe our failures are just lessons that we're learning from. We don't make mistakes unless we harp on them, what we do is we learn from them to not make that decision in that way again.   Be prepared to listen. There’s a reason we were given one mouth and two ears by God, this is so that you can listen more and do less talking. The more you listen the more you learn. This helps a lot because you get to learn more skills that you didn’t know from people by listening to them.  Ask if you are not sure of anything. Be prepared to take advice from people who have already achieved great success. Swallow your pride and ask, do not assume that you know everything which may cost you big in the future. If you want advice, don't ask the funeral or the undertaker how to arrange your wedding and don't go to the wedding exhibition expecting them to arrange a funeral, go to the right person to ask the right question, ask people that are within the industry.  When you're in a job that you love, do more than you're paid to do because you will be recognized for it and you will climb the ladder faster than anybody else in that company. Because people can see that you're somebody that is conscientious about what you're doing.  For you to achieve success in your personal and business life, you need to look at the company that you surround yourself with because if you surround yourself with people talking about football, you’ll talk about football, if you surround yourself with people talking about boxing, you’ll talk about boxing, if you surround yourself with people talking about business, you’ll talk about business, this is because we are all creatures of habit. Try to surround yourself with people that have the right habits.   BEST MOMENTS  “One of the best gifts that you can be given is learning how to speak to everybody.”  “Always learn through your mistakes.”  “Everybody makes mistakes, the two things you need to do is admit them and learn from them. People that can't admit them and people that can't learn from them will stay stagnant.”  “We can all fail if we believe it's a failure, or we can all win if we believe our failures are just lessons that we're learning from.”  “You fail when you quit.”  “We don’t live long enough to make all of the mistakes ourselves, learn from others and life will be a lot shorter and a lot more enjoyable where your work is concerned.”  “A man with a plan will be a genius without a plan.”  “We are never ever too old to learn.”  “The only person that put somebody down is themselves.”  “Success is made up of good habits.”  “Believe in yourself and always listen to everybody but the advice you choose to take must be your decision.”  VALUABLE RESOURCES  Website: https://kevinmcdonnell.co.uk/   ABOUT THE GUEST  Alfie Best. He was working from the age of eight and with time, his entrepreneurial mind kicked in at an age of around 12 and 14. He got a 250 million pound plus empire in different types of property, mainly around stuff like Park homes, commercial buildings, and other assets across land developments, different stuff.   CONTACT METHOD  www.twitter.com/alfiebest33   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 by Kevin McDonnell progressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

The 2019 10X Super Conference is going to be a very different style of property event. You’re going to learn, the new cutting edge property strategies, the quickest cashflow strategies and the low money down, no money left in deals all property investors are after. Over the weekend, our expert trainers will share with you why you don’t need mortgages, deposits or large sums of cash to get into property. If you're thinking about going to a property event of any kind, get yourself to the 10x property super conference, it's going to be the biggest and the best property event of the year, it's going to be bigger and better than any event that Progressive or any other property event the country has held before. Come and learn from the real property people who are not just talking the talk but walking the walk. www.bit.ly/10xpodcast 7th-8th June 2019 KEY TAKEAWAYS What is Property super conference? The property super conference is something that progressive property used to run in the late 2000s, early 2010s. progressive property has run a number of super conferences but they've not run one for six years now, and Grant Cardone who some of you will be aware of, who's the author of the book 10 X, and is a massive, massive property investor and business entrepreneur in the US has joined forces with progressive to bring the 10 x property super conference to the UK. This is an event where Grant Cardone himself and many other expert property trainers will be sharing their knowledge on how to become a successful UK property investor. The advantage of this event. This event will help you to generate a monthly cashflow and multiple streams of income. Seeing somebody else become successful is something that gives you a kick in the ass and lets you know that you can be successful too. Believing that you can do something and always focusing all your efforts towards it will ensure your success. At the conference, you will be taught how to believe in yourself and achieve your dreams. At the event, you will realise that we are all the same, whether you are rich or poor, we are all the same and that you also can become successful in your business and become rich too. We're all on the same journey. We're all from the same place, we all grow up, we all get jobs, and we can all learn anything. The 2019 10x super conference will show you that you don't even need to own property to get to 3k to 10k a month cashflow, you can make it through controlling other people's properties, you're going to learn low money down, no money down and how to use other people's money. The most creative ways to own, flip, rent out and control property without spending your own cash. You're going to learn how to retire on one deal, scale from single lets to big projects that kick out cash flow and give you lump sums 10x bigger than the small deals you might be doing now. You're going to learn the newest ways to source, rent out and leverage properties for fast and lasting cashflow, capital growth and empire building.. BEST MOMENTS “You learn from your mistakes.” “Mark Homer doesn't speak at many property events and having him talk at the at the super conference and getting the opportunity to listen to him speak is a huge, huge opportunity for you.” “People are always the same.” “The conference has changed many people’s lives and they are now successful and if it has done that for them, it can do the same thing for you.” “If you're thinking about going to a property event of any kind, get yourself to the 10x property super conference, it's going to be the biggest and the best property event.” “This conference is not just for people with properties, but also people with property that want to really scale their empire. It’s for everybody at all levels through the weekend.” VALUABLE RESOURCES bit.ly/10xpodcast 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 by Kevin McDonnell progressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

The Progressive Property Podcast has changed hosts. While Peter is spending more time in his Portugal villa Kevin McDonell is taking on the mantle as your host, and he has some great ideas on how to take this podcast to the next level. In his first solo podcast, Kevin talks through his property journey. Kevin explains how he has learnt from his mistakes in investing in property abroad and through education and meeting the right people he’s been able to build a multi-million-pound property business. Learn from the expert of No Money Down deals, and join this new chapter of the Progressive Property Podcast.   Key Takeaways How did I get here? I’ve been involved in property for a number of years, I attended some property training back in 2003. I became really excited about property and what it could do for me. I’d seen how successful other people had become from property. The Celtic boom in Ireland was all based around property, and I didn’t think I needed any training.   I initially invested in Turkey. That property got built, but while it was being built I decided to look at more. I took a flight out to Estonia to build a two-bed apartment over a lake. I bought that for just over €36,000. Everything was going great, and I thought I was a professional property investor. I went and did this all again in a Bulgarian ski resort.   But then I had no contact from Estonia. It went dead. They had shut up shop and closed down the business. All the developments had been stopped, and we lost our money. Bulgaria and Turkey did get built, but there were expensive management fees. After we removed them the old management company took everything from that company. We realised that they were linked to the mafia in Bulgaria.   I had done nothing between 2009-2013 but then I attended a progressive property event. I met other people who had been in a similar situation, lots of debt, only a few years before, and had come through the other end really successfully. Since then I have focused on joint strategies, and using other people's money to get property. I have become an expert in no money down property financing and now teach on the progressive property courses.   The past is the past. You can set a new future. The one thing I used to do was focus on property in one hour before and after work. I didn’t lose an hour each side of my day only around twenty minutes because I avoided the traffic. I also got bigger pay rises and bonuses from my work because of the perception that I was working harder. I see a lot of other people waste time, by having a chat or taking a longer lunch. I wanted to use my time as effectively as I could. We all have the time available to commit to property. Property in the last four years has changed everything in my life. I was living in a room as part of a HMO four years ago but last year I moved to my dream home. When you commit to property in the right way you can do it in quite a short space of time. I didn’t set out to build a multi-million pound business in the first few months. You don’t want to run before you can walk. Just start with one property, and then cookie cutter the process.   I love property. I love the lifestyle it allows me to have. It allows me to spend time with my family, see my son take his first steps. I’m not into posh watches and fast cars. I want to provide for my family. My parents sacrificed a lot. We weren’t wealthy but we were just ok. I don’t want to have to sacrifice as they did.   Best Moments ‘Make hay whilst the sun shines.’ ‘Everything was going great, I thought I was a professional property investor.’ ‘The mortgages never happened after that because of the 2008 crash.’ ‘I got myself into huge debt.’ ‘The only way you faily in property is if you quit.’ ‘Having the right people around you helps accelerate your success.’ ‘I see the money that I lost as an entrance fee.’ ‘I have made lots of mistakes in property.’ ‘I now make more money from property that I had lost.’ ‘Property is very forgiving.’ ‘The past is the past. You can set a new future.’ ‘I bet you can think of time in your day where you can do stuff on your business.’ ‘How are you making use of your 24 hours.’ ‘Focusing on replacing your income, so you can get your time back.’ “If you bite off more than you can chew then it feels a lot worse when you fail.’ ‘Use small steps on your business/property journey.’ ‘I don’t want to sacrifice like my parents did to provide for my wife and kids.’ ‘You need to get educated like I did.’   About Your 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/ No Money Down: Property Investing by Kevin McDonnell progressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

Peter’s Farewell and His Ultimate Advice for Property Investors If there’s one thing that our host Peter Jones learned while he was producing content for all of you, it was the importance of freedom. He’s joined today by Rob Moore and Kevin McDonnell. Peter says his farewell and shares his experience while he was podcasting. He also gives his ultimate advice to property investors out there; it’s important to do networking, so you see more significant results. Today, we also welcome the new host of the Progressive Property Podcast for the upcoming episodes, Kevin McDonnell! He’s excited to share new stuff with you and are open to suggestions so make sure to let us know what you want to hear in the future episodes. KEY TAKEAWAYS Peter has been podcasting for over two years. He has produced more than 100 episodes with great and entertaining content about property and business. One of the things that he emphasizes a lot when creating a business is the importance of financial freedom and passive income. Freedom, above all, is what Peter values, and this is what he wants to explore when he gives up podcasting. Peter has excellent reviews from people over time because of his expertise in property, his flow, and his storytelling voice. Progressive Property Podcast episodes won’t be taken down and will be available anytime and anywhere for free for those who need of resources about property and everything else. Kevin McDonnell is excited to be the new host of the Progressive Property Podcast for the upcoming episodes. Peter’s ultimate advice: Network. Think about who you network and who you deal with. It makes the biggest difference in your property journey. BEST MOMENTS   “One of the things which I realised when I came to Progressive is that my highest value is freedom.” “The one thing that makes a big difference in their property journey is networking.” “If you’re just new to property, if you’re just new to Progressive, you probably don’t understand yet the power of being in a network, and the difference that can make in your financial life is absolutely key and crucial.”   VALUABLE RESOURCES Progressive Property Progressive Property Masterclass Rob Moore ABOUT THE GUESTS Rob Moore is the host of the UK’s no. 1 business podcast “The Disruptive Entrepreneur,” as well as an entrepreneur, property investor, property educator, and holder of 3 world records for public speaking. He is also the author of 9 business books, 5 UK bestsellers, and the global bestseller, Life Leverage. “If you don't risk anything, you risk everything.” Facebook: https://www.facebook.com/robmooreprogressive/ LinkedIn: https://uk.linkedin.com/in/robmoore1979 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. Facebook: https://www.facebook.com/kevinMcDonnellProperty/ Official Website: https://kevinmcdonnell.co.uk/ No Money Down: Property Investing by Kevin McDonnell ABOUT THE HOSTPeter Jones is a Chartered Surveyor, an author and a serial buy-to-let property investor. He has been involved in property for over 35 years and now owns 78 letting units. He is still actively involved in buying and renovating property, and regularly flips properties for profit. Peter has written a number of successful property books. The first, An Insider’s Guide to Successful Property Investing, was first published in 2000 and was one, if not the very first, book of its kind which was written for what we’d now call buy-to-let investors. On the back of its success he was invited to be a guest writer for Property Secrets, and wrote Spanish Property Secrets, French Property Secrets, and Portugal Property Secrets. He has since written a number of other successful titles dealing with UK investing including 63 Common Defects in Investment Property and How to Spot Them, the highly acclaimed The Successful Property Investor’s Strategy Workshop and The Property Renovator’s Workshop, in which Peter describes step-by-step how he built his own property portfolio, starting with virtually none of his own money. CONTACT METHOD The Property Teacher Progressive Property progressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/