The Progressive Property Podcast

Welcome back to The Progressive Property Podcast. Peter continues the property strategy mini-series and today discusses Rent2Rent. If you’re looking to invest in property with little or none of your own money, generate an instant monthly cashflow and benefit from property capital growth, Rent2Rent is the strategy for you. In its basic form, you're essentially renting a property and then sub-letting it on to someone else for a monthly cashflow. Tune in today to hear the pros and cons of Rent2Rent property investing. KEY TAKEAWAYS Stereotypically you might be renting it from a tired landlord and then sub-letting it on to a tenant that wants to live in the property. You'll guarantee the monthly rent to the owner. For some of us, the term sub-letting is a bad word, but Rent2Rent is perfectly above board if you do it right. Rent2Rent is about negotiating a long-term tenancy from a current landlord that's mutually beneficial. The good thing is you can negotiate a lower rent as you'll be taking it on a long-term and sub-letting it for a higher monthly income. You're taking aware of the risk of them have a void and the property is empty. This means the landlord will have no issues with the property and see an income coming in every month. Be careful how you structure you agree with the owner of the property. You need to make sure your agreement is not in any violation of the landlord's mortgage. Make sure you do your due-diligence here so that there are no issues with you using the Rent2Rent property as part of your portfolio. Once you have an agreement in place you can also agree an option deal to purchase the property for an agreed price today for a future purchase. Rent2Rent can be a great strategy that adds to the overall pot of what you're doing. You can use this strategy in conjunction with other strategies to help give you a monthly cashflow and build towards the property goals you want to achieve. The big benefit of Rent2Rent is that you can start with very little capital. You don't actually have to buy the property. However, as you won't own the property you won't benefit from any capital growth. This isn't an investment as much as it is a property activity. BEST MOMENTS "If I was doing a Rent2Rent I would always agree on an option deal with the landlord. This way you will earn the cashflow to purchase the property in 2,3,4 years time and you will benefit from the capital growth of the property" “You can take all of the costs and hassle away from the landlords. This is why Rent2Rent is very attractive to a lot of property owners.“ “Rent2Rent has progressed over the years and it is now used as a strategy for larger properties, in particular, HMO's. Although you won't be seeing your asset grow, you will be seeing a monthly cash flow. You could then use this cashflow as a deposit for future property investment strategies such as flips or your own HMO projects.” VALUABLE RESOURCES Join the Progressive Property Community here: http://www.thepropertyteacher.co.uk/ 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 Investors 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 Therpropertyteacher.co.ukprogressive, 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 The Progressive Property Podcast. Peter returns to discuss the property strategies you can use to begin your own journey in property investment. Today Peter focuses on Serviced Accommodation and brings you both the pros and cons of this new innovative property cashflow strategy. KEY TAKEAWAYS With Serviced Accommodation, you essential let out your property on a short-term basis. The difference is with a buy-to-let, you will have a 6-month or longer tenancy, however, with Serviced Accommodation you are letting out your property for a shorter period of time. It's very flexible and not as rigid as a buy-to-let where you will need to have an AST (Assured Shorthold Tenancy) and often the type of properties that are being used as buy-to-lets can also be used as Serviced Accommodations and the best bit, you will typically achieve a much higher rent. Rental fees that you can charge for a shorter-term let will be substantially higher if you're using your property as a serviced accommodation unit. However, you might not have it filled every night. Therefore you will need to work out your occupancy level and how many nights you will need it to be filled to make a profit. In many ways, serviced accommodation is more of a business strategy than a property strategy. It's much like a B&B, an alternative name would be holiday lets as they are very similar. You will need to set up your unit a bit like a hotel and furnish it and keep it clean etc. There's a lot more work that you need to put into it to get it up and running. 95% of the time you will need planning for your serviced accommodation. It’s not considered as residential property, its more of a holiday let. As you need planning this will affect how you finance the property, this is different to a buy-to-let and you will need commercial lending. With Serviced Accommodation, you need to ensure you have the right insurance and policies in place. BEST MOMENTS With all the things you need to do to maintain your serviced accommodation, you will need to have a team behind you. With Serviced Accommodation, you are really creating yourself another job, rather than freedom. However, the returns are so good it's worth it. If you get contractors as tenants they may stay a lot longer at your serviced accommodation. Do not use your buy-to-let mortgage to purchase a property to then use it as a serviced accommodation.   VALUABLE RESOURCES If you’re interested in finding out more about the right mortgage product to finance your serviced accommodation, please email ThePropertyTeacher@gmail.com and Peter will put you in touch with his mortgage broker. Join the Progressive Property Community here: http://www.thepropertyteacher.co.uk/ 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 Investors 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 Therpropertyteacher.co.ukprogressive, 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 The Progressive Property Podcast. In today’s episode, Peter continues to answer your questions from the Progressive Property community. Learn the right and wrong questions to ask a letting agency, hear the essential advice you need to know if you’re a complete beginner in property and learn about Peter’s own journey in property own the last 18 years. Hear the real-life questions from the property investors out there doing it today and taking action. If you’re not yet part of the Progressive Property Community click here to join now. KEY TAKEAWAYS Questions from the Progressive Property community What questions should you ask a management company? One thing to look at is how they structure their company. Look to deal with specialist management companies that also deal with Lettings. This way if you have a tenant move on you can seamlessly market the property and let it out again, inhouse. Look to see if they are a local company or part of a chain and from here you can see their systems and processes. For example, do they do inspections and home visits? Do they specialise in letting certain property strategies? Really you want to know as much as possible and especially “What is your procedure if a tenant goes into arrears?” What would you do differently if you were starting now? If I knew then what I know now it would most likely have been different. Times have changed since I started investing in 2000 with software, systems, communities and training more available now than ever. Things are now much better for investors than they used to be. To be honest I would have done more flips and been less cautious. If possible I would have looked to invest more in HMO’s and commercial conversions with the new planning laws. I’d also like to have done more options and delayed completion deals during the credit crunch. Finally, if I were to start again now, I would raise a lot more private finance and joint-ventures from the beginning.   What advice would you recommend for a complete beginner? The key thing for a beginner is getting started. The one thing that always lets them down is simply fear. It’s rarely the case that you’ll go out and lose all of your money if you’ve been educated. Make sure you just get started and take action, you don’t need to wait to find your goldmine area you can get started anywhere. It’s better to invest somewhere than to invest nowhere. The one thing you should know is your reasons why, what you’re trying to achieve and how you’ll achieve it. BEST MOMENTS “Problems compound with time. You need to nip it in the bud as soon as possible” “Always back yourself and go for it” “Your network is your NETworth” “Even a mistake in property will grow out in time” “It’s better to invest somewhere than to invest nowhere” VALUABLE RESOURCES Join the Progressive Property Community here: http://www.thepropertyteacher.co.uk/ https://omny.fm/shows/progressive-property-podcast/ppp-100?in_playlist=progressive-property-podcast!podcast 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 Investors 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 Therpropertyteacher.co.ukprogressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

Peter shares with you a special Q&A from the Progressive Property Community. Property investors from around the U.K. have been sending in their questions and today, Peter takes to the podcast to answer them. With over 65 hours of content and listeners in over 50 countries, you can tune in now, to hear the answers you’ve been waiting for in this milestone episode. If you’re not yet part of the Progressive Property Community click here to join now. KEY TAKEAWAYS Questions from the Progressive Property community What is the best and worst pieces of advice you’ve received on your property journey? Well, when I was working full time I read a Joe Carbo a classic self-help book called The Lazy Man’s Ways To Riches. This book helped me understand there were other ways of doing things, and as a result, I started to explore my entrepreneurial side. So the best piece of advice I’ve received was ‘To realise that things didn’t have to be done the traditional way’ and I could go off and do my own thing and leave the 9-5. It gave me the freedom to embrace entrepreneurship and to get out there and start doing it. The worst piece of advice is ‘To Be Careful’ we don’t need to be cautious and not take risks, don’t be reckless but equally, you need to take action, and this can mean not being careful.   How do you find a good mortgage broker? You should definitely be using a mortgage broker. It’s far easier than raising finance yourself by going straight to the bank. A good broker is worth their fees because they will help you find the best possible deal. Brokers will help you keep tabs on the market and its changes. It’s a full-time job keeping up-to-date with changes to legislation and interest rate, it’s not your job. Brokers also can pick up the phone and persuade the bank's underwriter to lend you the money, even if you don’t fit the requirement. Many investors don’t appreciate the quality of good mortgage brokers. A good broker will ideally be investing in property themselves and will, therefore, be creative with your application to get you the best deal. The most important thing, however, is to go to the best broker for the type of finance you’re looking for. If you’re planning on securing finance for a HMO deal you’ll want to visit a specialist in that area. But mainly, look for referrals and recommendations from the community. If your looking to find your own mortgage broker and need some help from Peter? Email Thepropertyteacher@gmail.com for his recommendation. How easy is it to move up to the next strategy? Normally you would naturally progress through the Progressive Property pyramid of strategies. This starts with buy-to-let, and then moves onto the buy, refurbish, remortgage model, onto flips and then further up the pyramid you'll start doing HMO's, lease options and then at the top commercial conversions. Really you can do any strategy as long as you’re educated. At Progressive, we start at the bottom so you have the fundamentals first. Don’t go out there and do it alone. BEST MOMENTS “For each strategy, you might need a different type of finance and for each type of finance you might need a different broker” “You don't need to be geographically close to your broker, it isn't essential to securing the right finance for you.” VALUABLE RESOURCES Join the Progressive Property Community here: http://www.thepropertyteacher.co.uk/ 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 Investors 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 Therpropertyteacher.co.ukprogressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

At its core level, flipping is about buying a property cheap and selling it on for a profit. A typical BTL will only yield you a small percentage of income each month whereas flipping a property will land you a large sum of cash when you sell it on. Now you have a chunk of cash, you can use that to finance your Buy-to-let properties to also create a monthly income from property. Learn how to find vendors that are motivated to sell quickly and where securing the highest possible price for their property isn’t their number one concern. It may be the speed of the sale or simply getting rid of the property as quickly as possible because its empty. It’s with these type of vendors that a good deal can be done. KEY TAKEAWAYS You can increase your chance of securing a good flip by going directly to the vendor. It makes sense for us as investors to target the owner-occupier market. To these deals, you can employ guerrilla marketing and leaflet dropping in your area. The best way of doing a flip and adding value is to do up the property. You can find these simply by going into your local estate agents and building a rapport with your local agent. Securing properties that are suitable for a flip doesn’t just revolve around the price of the property. There are many vendors that value moving quickly over getting the best price for their property. Empty properties are also a great type of property to secure as the vendor will be incurring costs all the time that it's on the market and sat there empty. The problem with finding properties on Rightmove is that you don’t get the whole picture. In fact, you only see the best pictures. It may be that a property with nice photos will still be the right property for a refurb and then a flip. You need to speak to vendors and estate agents face to face. BEST MOMENTS “The term flip is an American word, it’s about flipping a property on and moving it on as quickly as you can so that it can be sold on for a profit.” “BMV - Below Market Value” “Rightmove doesn't tell you the motivation of the seller” “A lot of investors will flip properties and target homebuyers or owner occupiers” VALUABLE RESOURCES Join the Progressive Property Community here: http://www.thepropertyteacher.co.uk/ https://omny.fm/shows/progressive-property-podcast/80-interview-with-property-investors-tasha-darring?in_playlist=progressive-property-podcast!podcast 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 Investors 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 Therpropertyteacher.co.ukprogressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

As of 1st October 2018, new House of Multiple Occupation (HMO) rules came into effect in England. If you’re planning to venture in HMO investing, then it’s time to be in the know and get updated. In today’s episode of Progressive Property Podcast, Peter Jones shares everything you need to know about HMO Property Investing and the new HMO regulations 2018. There are different kinds of HMOs and different types of tenants so Peter gives a quick rundown on the fundamentals. Discover how you could structure your property portfolio to make the maximum return of cash. Know also the pros and cons of having investments on houses of multiple occupations. And, if you’re one of the HMO owners who have still unlicensed properties then better learn how to update them quickly. Let Peter help you and answer your questions. Connect with him! KEY TAKEAWAYS Consider the area before HMO investing. Not every local area is the same. Not every tenant is gonna want the same type of property. For example, if you want your HMO to be near the centre, your tenants maybe young professionals or millennials. Do you want it near the commercial area or residential area? Conduct a specific research on the demographics of tenants - what cost can they afford, how near do they want to stay, etc. HMOs are heavily regulated. If not regulated, these properties could be a fire risk or a social problem. As of October 2018, a license is needed if there is more than one family or at least 5 tenants. It can be applied through your local authority. The local authority/city council is also looking if you're fit or competent on investing in the HMOs. Peter advises you to go to an agent to help you show your competency. The local authority/city council is also looking on the property features and amenities your offering. They're strictly following the regulations. If your chosen area is under Article 4, you have to get requirements like a license and a planning consent from your local authority. Article 4 is a planning device given to local authorities from the central government which allows local authorities to regulate the proliferation of HMOs. HMOs are management-intensive. Peter’s advice is to not invest in any HMO in an area where you can’t find a competent agent. Start at finding on the right agent. Go to a specialist HMO mortgage broker to find you the right lender. HMO is a letting business so finding the right lender and valuer can increase commercial valuation on a cash basis – the rental they produced. When creating HMOs, they need certain requirements for shared accommodation. Some people, when they need space, would build a conservatory as an extension. If it’s of the right size, then you don’t need a planning council. BEST MOMENTS "Be very careful. Make sure you understand the regulations in your area." “The upside of creating an HMO is that the income can be fantastic when all rooms are rented out. The downside is you often find – depending on who your target market is & depending where your HMO is actually located – that the tenants can be rather come and go quickly.” “The reality is if you want to make a decent profit from your property, you want to do the work.” 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 Workshopand 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/

Welcome to another episode of the Progressive Property Podcast. Today, Peter explains how you can find a limitless amount of deals, simply by visiting your local estate agents. A question Peter is often asked is ‘how do I find deals?’ the answer, start with what you’re trying to achieve. When you’re clear on what you want, you can decide on the right property strategy for the right property deal. Believe it or not, the best place to find vanilla buy-to-let BMV deals is at your local estate agents. There are tons of deals out there and you can use a multitude of property strategies to cashflow them. All you need to do is, get to know your area, build a relationship with your local agents and as a result, you’ll find the right deals. KEY TAKEAWAYS The perception is, you cannot get a good BMV deal from your local estate agents. This is absolutely not true, in fact if you’re creative and know the right property strategy you can find lots of deals at your local agent. Most deals come down to the motivation of the seller and what they’re looking to achieve. Investors earn their money by doing the due diligence, the digging and the market research to see if a property can become a deal and earn a profit with a particular property strategy Before going to your local estate agent, be absolutely clear on what you’re looking for. Go to all of your letting agents in your local area and hone in on the type of property that rents well and that there is demand for. Then you can approach your local estate agents with a clearer idea of the right investment property. Go into the estate agents with confidence and know what you’re looking for, visit regularly and build rapport with them so you can become a preferred buyer and secure future deals BEST MOMENTS “Visit your estate agent once a week to stay in their mindset” “There are enough deals in your local area for you to become a full-fledged property investor” VALUABLE RESOURCES Join the Progressive Property Community here: http://www.thepropertyteacher.co.uk/ 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 Investors 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 Therpropertyteacher.co.ukprogressive, 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 episode of the Progressive Property Podcast. Today, Peter shares with you the foundational knowledge of buy-to-let property investing. It doesn’t matter if you’re new to property or a seasoned investor these proven models and insider knowledge can help you succeed from the ground up. Learn the vital information to help you build your property empire and grow your portfolio with Vanilla buy-to-lets and the Buy, Refurbish, Refinance model. If you’re looking for a refresher on the proven property investing strategies you can implement right away, this episode is for you! KEY TAKEAWAYS The most simple but effective strategy is buy-to-let but do we use interest only or capital repayment mortgages? The answer is either, both have pros and cons and you can use either to get started in property investment. Interest only is normally the preferred route, however, if you’re looking to purchase the property and rent it out, capital repayment can provide you with a safe and secure long-term savings plan. The tenant is effectively buying the property for you! Vanilla buy-to-let investing can be for anyone, not everyone wants to become a full-time property investor and own a portfolio. You might just want to put your wealth into property and store your money in an appreciating asset to supplement your income. The B.R.R (Buy, Remortgage, Refinance) buy-to-let model. This can be used with a variety of property strategies. All you need to do is, find a property where you can add value, refinance the property and recycle your money back out. To increase your margins you can buy properties below market value (BMV) and negotiate a better deal. As long as you’ve got a 70%-75% loan to value you can make it work and see a profit. To finance your buy-to-let property investments to can take equity out of your own home, to provide the seed capital to secure your first buy-to-let and begin building your substantial property portfolio. Most banks will be okay with you using equity from your home to use to purchase other assets such as buy-to-let properties. You could also use the Bridging method. Bridging the gap between buying the property and putting the property on conventional finance, this is also known as a short-term loan. It’s possible that you might not meet the bank's criteria, but you could be the bridging criteria as they look at the deal, before the person. BEST MOMENTS “The value of a property is what someone is willing to pay for the property” “If you look at the top richest people, they haven’t made their money through property investment, but they store their money in buy-to-lets, they just want to keep their wealth safe” “My favourite investing model is B.R.R (Buy, Remortgage, Refinance)” “In this country, we tend to value properties on the number of bedrooms, so you can take out the dining room and create another room you can increase the property value” VALUABLE RESOURCES Join the Progressive Property Community here: http://www.thepropertyteacher.co.uk/buy-refurbish-refinance-brr/ http://www.thepropertyteacher.co.uk/ 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 Investors 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 Therpropertyteacher.co.ukprogressive, 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 episode of the Progressive Property Podcast. In today’s episode, your host Peter Jones interviews fellow Masterclass trainer, coach and mentor Rebecca Smith. Rebecca is an expert property investor with experience in managing a letting agency, HMO’s and single-lets. Rebecca is a specialist in raising finance and investor networking and she now runs the Joint-Venture finance raising secrets training courses at Progressive Property. Rebecca shares her own story and experiences from over 3-years in property investment and expert knowledge in raising joint-venture finance. Hear how you too, can position yourself as a credible partner and organically grow your network by marketing yourself online and developing your skill set. Tune in today if you want to learn more about the lazy property investing strategies that can make you millions, simply by knowing your network and outsourcing everything. KEY TAKEAWAYS Position yourself as the local buy-to-let landlord or go to JV partner by having the knowledge and the network to create your own credibility and get investors coming to you. Understand the value of you and the value you are bringing your investor. Create a win-win for yourself and your investor by aligning their vision and values and creating a cash flowing asset that you both can profit from. Simply match someone interested in property who doesn’t have the knowledge with the people that do. If you can learn the skills of creating investor finance, there is nothing that can stop you. With joint-venture finance, you can properly scale your property portfolio and do ten times the amount of deals then if you simply use your own money. BEST MOMENTS “I love leveraging and outsourcing but the very first thing I did was find a mentor” “I used outside investors to initially invest in property and then I had friends and family coming to me to invest” “Property is a people business, you have to meet people and get in the right networks” “It was an advantage not having money, to begin with because I had to learn how to raise the finance to buy property” “You can get all of the knowledge, but you need to take action and get out there and talk to people and network, focus on your strategy and get going” VALUABLE RESOURCES Progressivepropertycommunity Rob Moore - The Disruptive Entrepreneur http://www.rebeccasmithpropertyservices.co.uk/ Join the Progressive Property Community here: Leveraged Lifestyle Podcast - Catherine Turner 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 Investors 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 Therpropertyteacher.co.uk ABOUT THE GUEST Rebecca Smith Co-trainer on Masterclass at Progressive Property and expert in raising joint-venture finance. She has raised over £3 million in finance in the last 3 years after attending Progressive Property events. Rebecca is a property professional who is passionate about helping people make the most of their funds with low risk, high return property investments, often without ever owning property or having the hassle of tenants! Rebecca is also a property trainer, coach and mentor and her mission is to help people to achieve financial freedom through property. CONTACT GUEST https://www.facebook.com/rebeccasmithpropertyservices/ https://www.linkedin.com/in/rebeccasmithpropertyprogressive, 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 episode of the Progressive Property Podcast. In today’s episode, your host Peter Jones takes a look at the good news stories and educational content posted in the Progressive Property Community. Hear the inspiring journeys of up and coming property investors, seasoned pros and millionaire developers. Learn more about the mindset needed to succeed in property, the power of pipelining and why following up on offers and getting the deal done is essential to success. Peter shares insights from the UK’s #1 property investing community that can help any property investor no matter where you are on your journey. Finally, Peter shares some important information about the future of bank lending, the cyclical nature of property investment and tackles the question of ‘the normal pattern of property and the future of market prices’ Join the Progressive Property Community here: KEY TAKEAWAYS Alex Milburn - “Over the last 7 months I have acquired 40 rent2rent serviced accommodation units and achieved a million pound turnover, without using a penny of my own money” Ryan Quinn - “A wise man once told me that the best deals are the quickest or the ones you have to spend time waiting for. I have to admit I was sceptical, how could a property that has sat in your pipeline for months, ever become a good deal. I went to view a property in March and five months later it fell through and I was able to negotiate a deal” Dan Cheetham - “£25,000+ profit from a single flip, I offered on a property about a month ago that was well under asking price and after some negotiating it was accepting. It fell through and four weeks passed with the property still unsold. After 6-7 weeks the asking price dropped and with some further discount, a deal was agreed. Purchase price £110,000, Refurb £26,000, Total investment £141,000, Forecast sale price £170,000 and total profit from the deal. £26,500 Alex Szepietowski - “six-month rule, what six months rule Kent Reliance? With bank lending getting easier, does it mean a crash isn't a million miles away?” BEST MOMENTS “Don’t do things in the vacuum, learn how to do it and get training. Invest in yourself and gear your mindset towards success” “The key thing to all success is the mindset. You can all of the technological stuff, all of the techniques, but nothing will make a difference unless you understand the mindset to take action.” “The key to success is massive action, work out what it is you want to achieve and work out the steps to get there” Most of your offers will be rejected, because if they were accepted straight away you’re probably offering too much. Add properties to your spreadsheet and pipeline them. One in three properties falls through so own a process and a system” VALUABLE RESOURCES Progressivepropertycommunity Rob Moore - The Disruptive Entrepreneur Money, Rob Moore Brian Tracey Jim Rohn Tony Robbins Thepropertypodcast CONTACT METHOD Therpropertyteacher.co.uk 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.progressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/