The Progressive Property Podcast

Kevin engages in a thought-provoking debate with tenant Alana Jackson James. They explore the complex relationship between landlords and tenants, discussing rent increases, costs, and the challenges both parties face. Kevin also shares invaluable insights into the property market, government policies, and the importance of financial education. KEY TAKEAWAYS  Landlords are not simply raising rents to increase profits; they are facing significantly higher costs due to interest rate hikes and maintenance expenses, often only passing a small percentage of these increases onto tenants. The government benefits from higher property prices through increased taxes, such as inheritance tax, capital gains tax, and stamp duty, while landlords and tenants struggle with affordability. Landlords play a crucial role in providing housing for those who cannot or do not want to buy, and removing them from the market would lead to a severe shortage of available homes. The government and media often use the landlord-tenant debate as a vote-winning strategy, distracting from the real issues and lack of effective solutions to the housing crisis. Financial education is essential for both tenants and aspiring property owners to make informed decisions and create a stable future, as the school system fails to provide this crucial knowledge. Empty homes owned by councils could be a key solution to the housing shortage, but there seems to be a lack of political will to address this issue effectively. BEST MOMENTS   "Higher rents does not make me more money as a landlord. Very simple thing. Higher rents are because of higher costs." "The system does not teach us financial education in school. And they don't teach us financial education in school because they don't want you financially educated." "Attack the easy person to hit. It's like the bully in the playground, go for the little guy. So let's attack the little guy." "Too many people are too book-smart and not street-smart. And what that means is they get stuck in a job exactly in the system the government want you in. Yeah, giving you enough every month to survive but not enough to thrive." "Cheaper prices, cheaper rents. Cheaper interest rates, same profit margin, solved the problem. But who actually needs higher prices? The government. The government need higher prices. Why? Because they get a tax for higher stamp, higher price, more stamp duty. Higher price, more capital gains tax. Higher price, more inheritance tax." "Sometimes you have to do what you don't want to do so you can do what you want to do.I worked really hard doing what most people won't so that I can spend the rest of my life living how most people can't." VALUABLE RESOURCES MSOPI – Multiple Streams of Income: https://www.progressiveproperty.co.uk https://kevinmcdonnell.co.uk ABOUT THE HOST Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.   CONTACT METHOD https://www.facebook.com/kevinMcDonnellProperty/ https://kevinmcdonnell.co.uk/ TikTok: https://www.tiktok.com/@progressiveproperty YouTube: https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g Twitter: https://twitter.com/progperty LinkedIn: https://www.linkedin.com/company/progressiveproperty Instagram: https://www.instagram.com/progressiveproperty/ Facebook Community: https://www.facebook.com/groups/progressivepropertycommunity Facebook Page: https://www.facebook.com/Progpertyprogressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

Kevin is interviewed about his new book, "Cash in a Property Crash". Kevin shares critical insights on the current state of the UK property market, predicting a significant crash following the election. He reveals strategies for investors to not only survive but thrive during this downturn, and talks about the importance of education and creative thinking in property investing. KEY TAKEAWAYS  The UK is in a property market correction and heading towards a crash, with many people struggling to afford their mortgages due to rising interest rates. Financing property deals is more about mindset than actual money; the wealthy control debt and leverage other people's money and properties. Property investing should be treated as a business, focusing on building a portfolio during a crash rather than saving for a single property. The system is designed to keep people in the middle class, paying taxes, and unaware of financial strategies used by the wealthy. Creative property investing techniques, such as lease options and vendor financing, can help investors acquire properties with little to no money down. Self-education is crucial for building wealth, as formal education primarily prepares people for jobs and paying taxes. BEST MOMENTS   The great thing about property is anybody can do it. The jobs you do today are probably a lot more difficult than property." "The system doesn't survive without the middle class. And the system doesn't want people to be financially savvy, because if they're financially savvy, then they'll stop paying the taxes "I didn't put any money into my office deal, but on my home, I didn't just do my home with no money. My home, I was paid to purchase it." "Self-education makes you a fortune. Formal education makes you a living." VALUABLE RESOURCES MSOPI – Multiple Streams of Income: https://www.progressiveproperty.co.uk https://kevinmcdonnell.co.uk ABOUT THE HOST Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.   CONTACT METHOD https://www.facebook.com/kevinMcDonnellProperty/ https://kevinmcdonnell.co.uk/ TikTok: https://www.tiktok.com/@progressiveproperty YouTube: https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g Twitter: https://twitter.com/progperty LinkedIn: https://www.linkedin.com/company/progressiveproperty Instagram: https://www.instagram.com/progressiveproperty/ Facebook Community: https://www.facebook.com/groups/progressivepropertycommunity Facebook Page: https://www.facebook.com/Progpertyprogressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

In this episode, Jackie Gammage joins Kev to share her knowledge and insight into property management. Jackie talks about her journey into property including the mistakes she has made. She also offers invaluable advice on mindset and skillset and talks about why everyone can benefit from the value of their own transferable skills. KEY TAKEAWAYS  Jackie found it difficult to get started in property. She now recognises this was because of her own mindset. She was risk-averse and fuelled with fear which prevented her from taking action. It’s easy to get stuck in life, to stay comfortable. But not taking action prevents us from moving forward and achieving what we want. You will already have some of the skills needed to become a property investor, you just need to work out what they are and then build upon the areas where you need to learn. To achieve what you want you need to focus on it daily, create the steps and plan needed to make it happen. Surround yourself with people who have similar aspirations. Read and learn as much as possible to improve your mindset and self-awareness. BEST MOMENTS   "I found that the more senior I got the less fulfilled I was becoming” “The fear of going into something new stopped me from taking action” “We’ve all got transferable skills and we don’t realise it” “Who is the person I have to become to get what I want?” “You become your environment” VALUABLE RESOURCES https://www.facebook.com/jackie.gammage.9 MSOPI – Multiple Streams of Income: https://www.progressiveproperty.co.uk https://kevinmcdonnell.co.uk ABOUT THE HOST Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.   CONTACT METHOD https://www.facebook.com/kevinMcDonnellProperty/ https://kevinmcdonnell.co.uk/ TikTok: https://www.tiktok.com/@progressiveproperty YouTube: https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g Twitter: https://twitter.com/progperty LinkedIn: https://www.linkedin.com/company/progressiveproperty Instagram: https://www.instagram.com/progressiveproperty/ Facebook Community: https://www.facebook.com/groups/progressivepropertycommunity Facebook Page: https://www.facebook.com/Progpertyprogressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

Mark is a property investor based in Plymouth. He joins the show to talk to Kevin about his property journey, including what he was doing previously and his current projects. Mark’s investment journey hasn’t been linear, and he shares with Kev the lessons he learnt and how Progressive Property training has aided him in transforming his portfolio. KEY TAKEAWAYS  Mark first started investing in property 20 years ago, but his progress hasn’t been straightforward, one of his first properties remained in negative equity for years after purchase. Mark wasn’t educated about adding value or how to be an effective property investor and landlord. This education has transformed the way he approaches his property business and investments. Adding value was one of the first and most important lesson Mark learnt from Progressive. It’s about recycling your money and being able to build growth. When buying off-plan, you will always overpay. No money down and HMOs resonated with Mark so these are the strategies he began to invest in. In 26 months, Mark has done 9 deals, which is more than one deal every 12 weeks! One of Mark’s proven strategies is sending out letters to potential landlords and investors. BEST MOMENTS   "I’ve always had a passion for property” “If you want to be a property investor you should be adding value, recycling your money” “It wasn’t that property was bad it was just I was bad at it” “As entrepreneurs, we will never be happy with what we’ve got” VALUABLE RESOURCES MSOPI – Multiple Streams of Income: https://www.progressiveproperty.co.uk https://kevinmcdonnell.co.uk ABOUT THE HOST Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.   CONTACT METHOD https://www.facebook.com/kevinMcDonnellProperty/ https://kevinmcdonnell.co.uk/ TikTok: https://www.tiktok.com/@progressiveproperty YouTube: https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g Twitter: https://twitter.com/progperty LinkedIn: https://www.linkedin.com/company/progressiveproperty Instagram: https://www.instagram.com/progressiveproperty/ Facebook Community: https://www.facebook.com/groups/progressivepropertycommunity Facebook Page: https://www.facebook.com/Progpertyprogressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

Join the conversation with Emerald Fisk, a former personal trainer turned successful property investor who shares her inspiring journey in this episode. Discover how Emerald went from having no money and support to building a thriving property portfolio through networking, education, and the right mindset. Learn about the challenges she faced, the opportunities she found, and the lessons she learned along the way. Emerald also shares valuable insights on the current property market, creative financing strategies, and the importance of investing in your local area. KEY TAKEAWAYS  Networking, education, and the right mindset are crucial for success in property investing, even with no prior experience or funds. Joint venture partnerships can be a powerful way to leverage other people's resources and expertise to get started in property. Embracing challenges, stepping out of your comfort zone, and believing in yourself are key to overcoming obstacles and achieving your goals. The current property market presents massive opportunities for educated investors, while tired and uneducated landlords are selling up. Investing in your local area can be more advantageous than chasing cheap deals in unfamiliar locations. Creative financing strategies, such as no money down investing, can help you build a portfolio without using your own funds. Surrounding yourself with like-minded people and learning from their experiences can help you develop a more open and growth-oriented mindset. BEST MOMENTS   "If I can do it, anybody can do it. You always need the right network around you, the right mindset and the right education. That's the three things that you need." "It's very hard to network when you don't have a conversation." "I see the educated people taking advantage of everything that's going on at the moment, and I see the uneducated people wanting to leave the property market." "If you're in the more expensive areas, that's great. Find people that want to work with you in those areas." "If you've got a closed mindset, the only way you can change that is go and spend time with other people with a more open mindset." VALUABLE RESOURCES MSOPI – Multiple Streams of Income: https://www.progressiveproperty.co.uk https://kevinmcdonnell.co.uk ABOUT THE HOST Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.   CONTACT METHOD https://www.facebook.com/kevinMcDonnellProperty/ https://kevinmcdonnell.co.uk/ TikTok: https://www.tiktok.com/@progressiveproperty YouTube: https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g Twitter: https://twitter.com/progperty LinkedIn: https://www.linkedin.com/company/progressiveproperty Instagram: https://www.instagram.com/progressiveproperty/ Facebook Community: https://www.facebook.com/groups/progressivepropertycommunity Facebook Page: https://www.facebook.com/Progpertyprogressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

Wendy Brumwell, a successful commercial conversion property investor joins Kev in this episode. Wendy talks about the strategies she has used in the past 11 years of her property investing journey and shares the lessons she has learnt along the way. KEY TAKEAWAYS  For ten years Wendy knew what she wanted to do in property but she thought she had to have the cash to do it. She immediately realised this wasn’t the case when she attended her first property investing course. Permitted development ‘PD’ is planning that is already set at a government level. This means as long as you meet all of the criteria outlined then you already have agreed planning permission. Wendy takes time every morning to do something for her whether such as reading or exercise. She does this to set up her day. Wendy learnt so many lessons from her self-build project that she now wants to do it all over again! Anybody can do property, including commercial conversions. They just need the right education.  BEST MOMENTS   "You spent ten years saving it all up, I spent ten years messing it all up” “Sometimes being an entrepreneur, if you enjoy what you do it doesn’t feel like work” “I learnt so much from it that I would do it again and do all those things differently” "You can start with smaller projects and work your way up" VALUABLE RESOURCES MSOPI – Multiple Streams of Income: https://www.progressiveproperty.co.uk https://kevinmcdonnell.co.uk ABOUT THE HOST Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.   CONTACT METHOD https://www.facebook.com/kevinMcDonnellProperty/ https://kevinmcdonnell.co.uk/ TikTok: https://www.tiktok.com/@progressiveproperty YouTube: https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g Twitter: https://twitter.com/progperty LinkedIn: https://www.linkedin.com/company/progressiveproperty Instagram: https://www.instagram.com/progressiveproperty/ Facebook Community: https://www.facebook.com/groups/progressivepropertycommunity Facebook Page: https://www.facebook.com/Progpertyprogressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

Kev is joined by Justine in this episode. Justine shares why she chose to start running progressive property networking events and all about her property investing journey. Justine also talks about why mindset is paramount in building your own property business.  KEY TAKEAWAYS  Justine has over 30 years of experience in property investing. She stresses the importance of diversifying and being adaptable to remain agile and profitable in the property space. Mistakes were part of Justine’s early journey, she recognises that these could have been avoided if she had focused on property education before getting started. Learning in person and from others has a far higher implementation and success rate than simple reading books. You have to have a forever-pupil mindset in property investing and all business ventures, there is always something you can learn. Justine’s strategy is focused on building her lifestyle, so HMOs for example wouldn’t be a workable strategy for her. Hosting a PPN event helps Justine remain accountable Anyone can build a property business, they just need the right mindset and the dedication to learn.  BEST MOMENTS   "Good luck to you if you want to do it on your own but you’re only going to get so far” “Everybody has their own strategy that works for them, mine is about lifestyle” “It feels more like a community” "It's about having the right mindset, anybody can do it you just have to have the belief" VALUABLE RESOURCES MSOPI – Multiple Streams of Income: https://www.progressiveproperty.co.uk https://kevinmcdonnell.co.uk ABOUT THE HOST Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.   CONTACT METHOD https://www.facebook.com/kevinMcDonnellProperty/ https://kevinmcdonnell.co.uk/ TikTok: https://www.tiktok.com/@progressiveproperty YouTube: https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g Twitter: https://twitter.com/progperty LinkedIn: https://www.linkedin.com/company/progressiveproperty Instagram: https://www.instagram.com/progressiveproperty/ Facebook Community: https://www.facebook.com/groups/progressivepropertycommunity Facebook Page: https://www.facebook.com/Progpertyprogressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

Join Kev as he speaks to property investor and progressive property network host Heidi Mobbs. Heidi reveals the strategies she used to replace her income completely with property investing. Kev and Heidi talk about the benefits of Progressive networking events and Progressive Property courses and Heidi stresses why it’s essential to have goals and a purpose to push you through the challenges of starting your own property business. KEY TAKEAWAYS  Heidi needed to be confident she was successful enough in property investing before she left her established role in social housing. She had a lot to lose. Networking and negotiating with investors to give her opportunities is how she first started to build her portfolio. Heidi scaled very quickly, she didn’t leave her job until she had all systems in place including employees and CRM systems. The hardest part of her journey was managing this whilst working full-time. Progressive networking events provide support and opportunities for property investors. Heidi wanted to utilise this and host a networking event rather than doing something independent. Hosting PPN events gave Heidi instant credibility as a property investor. Not all projects go to plan, Heidi has had to give properties back that she has been unable to manage and has lost money too. You will never find great property deals without making some mistakes along the way. BEST MOMENTS   "Just give us a go, I’ll prove a point and I’ll turn that property around” “You’ve got to have a big enough why to quit your job and that keeps you going through the bad days” “PP and Progressive are like a family” “The networking boosted my credibility straight away” “I’ve done loads of deals where they kind of didn’t work out the way I hoped them to, but I wouldn’t have got the good ones if I didn’t go through the bad ones” VALUABLE RESOURCES MSOPI – Multiple Streams of Income: https://www.progressiveproperty.co.uk https://kevinmcdonnell.co.uk ABOUT THE HOST Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.   CONTACT METHOD https://www.facebook.com/kevinMcDonnellProperty/ https://kevinmcdonnell.co.uk/ TikTok: https://www.tiktok.com/@progressiveproperty YouTube: https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g Twitter: https://twitter.com/progperty LinkedIn: https://www.linkedin.com/company/progressiveproperty Instagram: https://www.instagram.com/progressiveproperty/ Facebook Community: https://www.facebook.com/groups/progressivepropertycommunity Facebook Page: https://www.facebook.com/Progpertyprogressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

Kev is joined by Mike Chadwick in this episode who has been part of the progressive property network for 10 years! Mike talks to Kev about what his journey has looked like and what he has planned for the future. He also talks about why he became a PPN host and why anyone can do it! KEY TAKEAWAYS  Hosting network events gives accountability, you have to show up every month. One he learnt about multiple income streams, Mike couldn’t forget about it and it’s why he always has to do more in his career and life than one job. Mike has started exploring new property strategies in the past couple of years including HMOs and serviced accommodation. Being a host of PPN events gives you exposure to other property investors and can present unique opportunities. Make sure people you are hosting know what you are doing in property, nurture those relationships. BEST MOMENTS   "To me it’s not work, I love hosting the event, to me it’s like meeting your friends every month” “Some people can use it as a way to make progress in property” “Because I did training with Progressive, I understood the ins and outs of it” “Make sure you’re telling people what you’re doing” VALUABLE RESOURCES MSOPI – Multiple Streams of Income: https://www.progressiveproperty.co.uk https://kevinmcdonnell.co.uk ABOUT THE HOST Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.   CONTACT METHOD https://www.facebook.com/kevinMcDonnellProperty/ https://kevinmcdonnell.co.uk/ TikTok: https://www.tiktok.com/@progressiveproperty YouTube: https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g Twitter: https://twitter.com/progperty LinkedIn: https://www.linkedin.com/company/progressiveproperty Instagram: https://www.instagram.com/progressiveproperty/ Facebook Community: https://www.facebook.com/groups/progressivepropertycommunity Facebook Page: https://www.facebook.com/Progpertyprogressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

Join Kevin as he speaks to property expert Richard Stone about Jeremy Hunt's latest budget. They discuss how this may impact property investors, including VAT, capital gains tax and changes around national insurance for the self-employed. VALUABLE RESOURCES MSOPI – Multiple Streams of Income: https://www.progressiveproperty.co.uk https://kevinmcdonnell.co.uk ABOUT THE HOST Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.   CONTACT METHOD https://www.facebook.com/kevinMcDonnellProperty/ https://kevinmcdonnell.co.uk/ TikTok: https://www.tiktok.com/@progressiveproperty YouTube: https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g Twitter: https://twitter.com/progperty LinkedIn: https://www.linkedin.com/company/progressiveproperty Instagram: https://www.instagram.com/progressiveproperty/ Facebook Community: https://www.facebook.com/groups/progressivepropertycommunity Facebook Page: https://www.facebook.com/Progpertyprogressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

Kevin and his team share the various tenant issues they have had over the years. They talk about how to defend yourself against bad tenants including why referencing isn’t always enough and reveal the worst tenants they have ever had to deal with. However, let this prepare you, not put you off property as Kevin and his team mostly deal with perfect tenants! KEY TAKEAWAYS  Nightmare tenants usually have a honeymoon period before showing their ‘true colours’ Alcohol, drugs and visitors are often the start of many issues. Referencing is key as a first defence against nightmare tenants. Landlords may not always be completely honest about current tenants as they want them to move. If you can find potential tenants on social media that can give you more information to decide on whether to rent to them. Dealing with aggressive tenants is one of the biggest challenges, especially in a HMO situation. You have to deal with bad tenants swiftly or you risk losing the good tenants. Don’t give bad tenants an inch or they will take a mile. You need to be fair but firm. Regular inspections can help you combat issues early. BEST MOMENTS   "Most tenants are great but there is always that nightmare tenant that appears every so often” “We use a referencing company, but you will always find a landlord reference doesn’t always reflect the truth” “We have over 300 tenancies and very rarely do we have a bad one” “That’s not really a bad tenant, that’s a tenant with a problem and we as landlords aren’t social workers” “If you don’t deal with the bad tenant quickly the good ones will leave” "Cat fleas are worse than cats" VALUABLE RESOURCES MSOPI – Multiple Streams of Income: https://www.progressiveproperty.co.uk https://kevinmcdonnell.co.uk ABOUT THE HOST Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.   CONTACT METHOD https://www.facebook.com/kevinMcDonnellProperty/ https://kevinmcdonnell.co.uk/ TikTok: https://www.tiktok.com/@progressiveproperty YouTube: https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g Twitter: https://twitter.com/progperty LinkedIn: https://www.linkedin.com/company/progressiveproperty Instagram: https://www.instagram.com/progressiveproperty/ Facebook Community: https://www.facebook.com/groups/progressivepropertycommunity Facebook Page: https://www.facebook.com/Progpertyprogressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

The UK is officially in a recession. In this episode, Kev talks about the news and how it may impact you as a property investor. He discusses what might happen with interest rates, the opportunities and creative techniques available to property investors and why this is the perfect time for you to scale your business. KEY TAKEAWAYS  There are different challenges now to 2008, particularly around inflation. The Bank of England will be feeling pressure to reduce interest rates. A recession can be an opportunity for property investors, there will be a lot of deals out there. There are two types of sellers in a recession, those that want to sell and those that have to. The main form of control you have as an investor is the money you put in today, the rental income you make and how you scale your business. Recessions are great periods to scale your business. Don’t confuse good debt with bad debt. Good debt is serviced by someone else that creates profit for you. There is a looming house price drop but in the long term, the prices will always increase. Property investing is about the longer-term trends. BEST MOMENTS   "This is the longest recession ‘not a recession’ I’ve lived through” “People are poorer” “That creates a lot of opportunities for creative property investing” “The techniques you can use in a recession can allow you to scale massively” “There are loads of £1 deals out there!” “We are going to see a house price drop” VALUABLE RESOURCES MSOPI – Multiple Streams of Income: https://www.progressiveproperty.co.uk https://kevinmcdonnell.co.uk ABOUT THE HOST Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.   CONTACT METHOD https://www.facebook.com/kevinMcDonnellProperty/ https://kevinmcdonnell.co.uk/ TikTok: https://www.tiktok.com/@progressiveproperty YouTube: https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g Twitter: https://twitter.com/progperty LinkedIn: https://www.linkedin.com/company/progressiveproperty Instagram: https://www.instagram.com/progressiveproperty/ Facebook Community: https://www.facebook.com/groups/progressivepropertycommunity Facebook Page: https://www.facebook.com/Progpertyprogressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

Join Kev as he talks to title-splitting expert Rachel Knight. Rachel talks through the implications of the recent announcements by the government that will release positive opportunities for property investors. She also reveals her unique strategy for getting high value from her properties with less work than you may think! KEY TAKEAWAYS  Title splitting is the creation of leasehold from freehold. The government are looking at changing the current system of leasehold/freehold to common value. This means the value will be in the lease, no longer the freehold. Think outside of the box, Rachel reconfigured two flats she owned together to make 3 luxury 2-bed apartments. The number 1 advantage to title splitting is you get the capital growth from day 1. This title-splitting strategy can work in any area. You need the right people to understand this title-splitting method, not every solicitor will know how to achieve it and neither will all banks. You can title split at any point, not just when you are buying or selling. If you split before you may want to sell, it means you can sell flats individually to retail buyers, not just to another investor as a ‘job lot’ of flats as many people do. Title splitting is a good way to diversify your portfolio. For example, switching your SA to single let or vice versa. BEST MOMENTS   "Title splitting is something that has been around for centuries” “I got a massive value uplift in doing that” “This is out of the box to legally get round things you might consider a blocker to your business” “You want things that are easier to manage as you get older” “You need a solicitor who knows what they’re doing” “Title splitting is a good way of diversifying” VALUABLE RESOURCES MSOPI – Multiple Streams of Income: https://www.progressiveproperty.co.uk https://kevinmcdonnell.co.uk ABOUT THE HOST Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.   CONTACT METHOD https://www.facebook.com/kevinMcDonnellProperty/ https://kevinmcdonnell.co.uk/ TikTok: https://www.tiktok.com/@progressiveproperty YouTube: https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g Twitter: https://twitter.com/progperty LinkedIn: https://www.linkedin.com/company/progressiveproperty Instagram: https://www.instagram.com/progressiveproperty/ Facebook Community: https://www.facebook.com/groups/progressivepropertycommunity Facebook Page: https://www.facebook.com/Progpertyprogressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

Kev is joined by social media expert and property investor Scott Wroe in this episode. They talk about strategies anyone can follow to flip houses as well as the unique ways you can leverage social media in your property investing business. KEY TAKEAWAYS  Scott’s parents were flipping houses throughout his childhood. He is only 27 but has lived in 30 houses! Scott focuses on the cheapest house on an average street. If you are starting out, don’t buy houses that need any major work, instead focus on things that need updating cosmetically. Look for a mentor to guide you and prevent you from making expensive mistakes. After just two deals, Scott made a 70k profit. As Scott grew, he started using contractors and even established deals with kitchen suppliers via social media. You would be surprised how easily brands want to gift items and products to 'house' accounts, you only need a 30k following to get noticed. BEST MOMENTS   "It’s knowing the difference between expensive things and things that are going to cheap [to rectify]” “I think they could be much more successful by attending one of your courses” “I made 40k on the first one, I was 20” “It was so much easier having other people doing the work because then I could be doing other things” “People will literally gift you anything” VALUABLE RESOURCES MSOPI – Multiple Streams of Income: https://www.progressiveproperty.co.uk https://kevinmcdonnell.co.uk ABOUT THE HOST Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.   CONTACT METHOD https://www.facebook.com/kevinMcDonnellProperty/ https://kevinmcdonnell.co.uk/ TikTok: https://www.tiktok.com/@progressiveproperty YouTube: https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g Twitter: https://twitter.com/progperty LinkedIn: https://www.linkedin.com/company/progressiveproperty Instagram: https://www.instagram.com/progressiveproperty/ Facebook Community: https://www.facebook.com/groups/progressivepropertycommunity Facebook Page: https://www.facebook.com/Progpertyprogressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

Kevin discusses the newest government idea to solve the housing crisis – to evict everyone! Kevin talks about latest government press release around social housing and gives his educated opinions and thoughts on the policies. KEY TAKEAWAYS  Those who display antisocial behaviour can face a ban on living in social housing accommodation for 5 years.  The government is seeking views from the general public on this proposal. Kev agrees, people shouldn’t be given a social housing home if they are abusive or a criminal. However, he doesn’t think all of the implications have been considered for this policy to work. This kind of policy is to reduce pressure on the waiting lists. What will happen to those who are banned from social housing? The policy also states having to prove connections to the UK and local area. Could this be a discriminatory policy? Those with mental health issues will suffer from this policy. BEST MOMENTS   "You won’t be able to get social housing for 5 years” “Play by the rules, pay in and we will support you. If you choose not to this country is no longer going to be a soft touch” “The government knows it doesn’t have enough houses for everybody” “Is this just about stopping illegal immigrants from getting social housing” “Where do they go? Where are you putting them all?” VALUABLE RESOURCES MSOPI – Multiple Streams of Income: https://www.progressiveproperty.co.uk https://kevinmcdonnell.co.uk ABOUT THE HOST Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.   CONTACT METHOD https://www.facebook.com/kevinMcDonnellProperty/ https://kevinmcdonnell.co.uk/ TikTok: https://www.tiktok.com/@progressiveproperty YouTube: https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g Twitter: https://twitter.com/progperty LinkedIn: https://www.linkedin.com/company/progressiveproperty Instagram: https://www.instagram.com/progressiveproperty/ Facebook Community: https://www.facebook.com/groups/progressivepropertycommunity Facebook Page: https://www.facebook.com/Progpertyprogressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

Kevin joins Jessen James on the Mind Over Money podcast to talk about the power of property investing itself, as well as his own personal journey in business, and the part that mind-set has played in his incredible rise to success. KEY TAKEAWAYS Inspiration can take many forms, but nothing stirs us or empowers us more than seeing others who have succeeded, and hearing the stories of how they did so. When our backs are against the wall, we usually discover how strong and resourceful we can be. Never be afraid of pressure, because it can serve to highlight our strengths. Often, we tell ourselves that success is elusive. We are afraid to take the risks for fear that they won't work out. Taking that first step towards action is crucial. Accountability is important when it comes to our business journey. We must take responsibility for the choices we make, even if they are wrong ones. BEST MOMENTS 'Within 12 months I'd replaced my income' 'I had no choice but to think creatively' 'It's not difficult to raise money. It's difficult to try' 'Stop looking back and look forward' VALUABLE RESOURCES Mind Over Money Podcast - https://omny.fm/shows/mind-over-money ABOUT THE GUEST Jessen James Jessen has spoken to and trained thousands of entrepreneurs all over the world, and has featured on Channel 5's Rich House Poor House. Having built, bought and sold multiple businesses himself, Jessen has had some amazing wins and some rather spectacular fails too! He now dedicates his time to serving others to better their lives and businesses by sharing his learnings. Get in touch today. ABOUT THE HOSTKevin McDonnell Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.   CONTACT METHOD https://www.facebook.com/kevinMcDonnellProperty/ https://kevinmcdonnell.co.uk/progressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

Gary Das joins Toni in this episode for a quick but valuable discussion on bridging loans. They discuss what they are, where they might be useful but also reveal the three main reasons you may not want to use them. KEY TAKEAWAYS  Traditionally you would get a mortgage for a property but if you are buying from auction or similar you may need a bridging loan before you can get a mortgage. This is a short-term loan. To be accepted for a bridging loan generally, you will be borrowing against assets, but this doesn’t have to be another property or even the property you are using the bridging loan for. One of the advantages of bridging is the option to either pay an upfront fee or a certain timescale where you don’t have to pay anything yet. There are horror stories surrounding bridging loans, usually when a term has been breached and good advice wasn’t sought out. BEST MOMENTS   "The key thing with a bridge is how does the bank get the money back in the not-so-distant future?” “There are certain instances where you’ll use bridging instead of a mortgage” “The more you know about the properties and the finance side the easier it is to walk in with confidence and do the deals” VALUABLE RESOURCES MSOPI – Multiple Streams of Income: https://www.progressiveproperty.co.uk https://kevinmcdonnell.co.uk ABOUT THE HOST Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.   CONTACT METHOD https://www.facebook.com/kevinMcDonnellProperty/ https://kevinmcdonnell.co.uk/ TikTok: https://www.tiktok.com/@progressiveproperty YouTube: https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g Twitter: https://twitter.com/progperty LinkedIn: https://www.linkedin.com/company/progressiveproperty Instagram: https://www.instagram.com/progressiveproperty/ Facebook Community: https://www.facebook.com/groups/progressivepropertycommunity Facebook Page: https://www.facebook.com/Progpertyprogressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

Join Kev as he explores the question of quantity -vs- quality in property investing. He talks about the quality of house, tenants, refurbs and and reveals the most important things you need to weigh up when purchasing property. KEY TAKEAWAYS  You have to think about mortgage -vs- cashflow but also growth. You can get good tenants in all income brackets in all areas of society, just because someone has money and can pay more, it doesn’t mean they will be a higher quality tenant. Knowing your area is essential to finding quality tenants. They will be ‘areas within areas’ and one street can make all the difference. The monthly rental profit isn’t the only number to focus on, you also should look at the capital growth opportunities. A lower quality area means less capital growth but you probably will have a higher cash flow as your initial outlay is less. Whether you focus on quantity or quality, the most important thing is that you just get started and don't procrastinate! BEST MOMENTS   "Are you sacrificing quality for quantity?” “You need to know your area” “Your return in the North looks better in the South” “What I am always focused on is cashflow, cus cashflow is the oxygen for the business” "It doesn't matter if you go for the quality or the quantity, what matters if you go for something" VALUABLE RESOURCES MSOPI – Multiple Streams of Income: https://www.progressiveproperty.co.uk https://kevinmcdonnell.co.uk ABOUT THE HOST Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.   CONTACT METHOD https://www.facebook.com/kevinMcDonnellProperty/ https://kevinmcdonnell.co.uk/ TikTok: https://www.tiktok.com/@progressiveproperty YouTube: https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g Twitter: https://twitter.com/progperty LinkedIn: https://www.linkedin.com/company/progressiveproperty Instagram: https://www.instagram.com/progressiveproperty/ Facebook Community: https://www.facebook.com/groups/progressivepropertycommunity Facebook Page: https://www.facebook.com/Progpertyprogressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

Dan Eaton hosts the podcast in this short episode where he talks about how you can get started in commercial conversions this year. If you have wanted to get into property development, particularly around converting unused and unwanted buildings then this is for you. KEY TAKEAWAYS  From old banks to closed-down offices, there is a huge opportunity to convert into much needed residential accommodation. There is a whole host of building types that have permitted development rights and these are what you want to focus on. Permitted development is easy, it’s as simple as putting in the application form and waiting for the council to accept. Leveraging the expertise of others is essential in the strategy including builders and investors. Conversions may not cost as much as you expect. Commercial conversions rely on finance and investors you cannot save your way to pay for a conversion. BEST MOMENTS   "What type of buildings do we need to convert?” “We can take those buildings and convert them into residential use without the need for planning permission” “I don’t know how to build things but I do know how to ask people who do” “We use other peoples money to do these types of conversions” VALUABLE RESOURCES MSOPI – Multiple Streams of Income: https://www.progressiveproperty.co.uk https://kevinmcdonnell.co.uk ABOUT THE GUEST Want to Connect with Carole? This is how: Website: https://www.clearwaterpropertypartners.com Email: carole@clearwaterpropertypartners.com  If you would like to help support Judy and Abigail with finding their forever home or future Christmas Venue, please reach out to Carole using her contact details above.  ABOUT THE HOST Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.   CONTACT METHOD https://www.facebook.com/kevinMcDonnellProperty/ https://kevinmcdonnell.co.uk/ TikTok: https://www.tiktok.com/@progressiveproperty YouTube: https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g Twitter: https://twitter.com/progperty LinkedIn: https://www.linkedin.com/company/progressiveproperty Instagram: https://www.instagram.com/progressiveproperty/ Facebook Community: https://www.facebook.com/groups/progressivepropertycommunity Facebook Page: https://www.facebook.com/Progpertyprogressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

What is the best property investment strategy this year? Join Kevin in the first episode of 2024 of the Progressive Property Podcast and learn all about no-money-down (NMD) techniques and why they could work for you in your property investing journey! KEY TAKEAWAYS  Strategies vary in their success depending on the area but all strategies work all the time. Historically buy to let, commercial conversions, HMOs and serviced accommodation have always worked and always will. Before you think about which investment strategy to use you need to first get the ‘house’ or property. This is where no money-down techniques come in. No money-down property investment techniques allow you to scale. Don’t confuse property investing with property owning. Most investors own a job but don’t always have lots of properties in their ownership at one time. Cash and a mortgage aren’t the only ways to get into property investing. Time and debt are valuable resources, using no money down techniques you focus on buying these rather than focusing on the physical asset Those with a poor mindset follow the system of getting into debt at a young age and out of debt for retirement. BEST MOMENTS   “You can’t do property with your money down” “Most property investors, they own a job” “No money down investment techniques allow you more ideas than traditional thinking” “The richest people on this planet have the most good debt” “If you retire with no debt you’ll likely retire without significant wealth” “There’s a big difference between good debt and bad debt” VALUABLE RESOURCES MSOPI – Multiple Streams of Income: https://www.progressiveproperty.co.uk https://kevinmcdonnell.co.uk ABOUT THE GUEST Want to Connect with Carole? This is how: Website: https://www.clearwaterpropertypartners.com Email: carole@clearwaterpropertypartners.com  If you would like to help support Judy and Abigail with finding their forever home or future Christmas Venue, please reach out to Carole using her contact details above.  ABOUT THE HOST Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.   CONTACT METHOD https://www.facebook.com/kevinMcDonnellProperty/ https://kevinmcdonnell.co.uk/ TikTok: https://www.tiktok.com/@progressiveproperty YouTube: https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g Twitter: https://twitter.com/progperty LinkedIn: https://www.linkedin.com/company/progressiveproperty Instagram: https://www.instagram.com/progressiveproperty/ Facebook Community: https://www.facebook.com/groups/progressivepropertycommunity Facebook Page: https://www.facebook.com/Progpertyprogressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/