If you haven’t heard Mark talk about his favourite car, the top 3 things he’ll bring if he ever got stranded in an island, or his least favourite trait of his business partner, Rob Moore, then you’re in for a treat!

Today on the Mark My Words Podcast, Mark answers questions from his listeners and the community. It won’t just be about property or his businesses or the current political issues, he’ll be talking about his personal life also. This should be a nice peek at how Mark, a successful entrepreneur, lives and enjoys his life, so start tuning in!

KEY TAKEAWAYS

• Q: How do you manage a work-life balance?
  • It’s all about scheduling, according to Mark. When he has a meeting, he makes sure he adds 30 minutes before and after for travel time. During weekends, he’s mostly at home so there should be no work that butts in.
• Q: What’s your advice about landlords no longer being able to evict tenants on short notice without good reason and plans?
  • The abolishment of Section 21 is still under consultation. Everything still holds for now. Let’s wait for what’s going to be the decision.
• Q: How did you get your systems in place?
  • Mark started with Excel spreadsheets, tried other systems, and then had his business’ system custom-built to their needs.
• Q: Ferrari or Lamborghini?
  • It depends on what model. Mark explains more about their features in this episode.
• Q: What can I do to become your protégé?
  • Mark: “Bring me land for a great price that I can put 250 flats on… bring that deal to me, then we can do it together and learn together.
• Q: What’s your favourite cheese?
  • Halloumi, grilled on the barbecue on a Sunday afternoon.
• Q: What investments can you make outside property?
  • Tracker funds in the UK and other similar types of investments.
• Q: Would you and Progressive Property launch a software?
  • Mark says it’s not in his interest. He thinks he’ll make more money in what he knows more.
• Q: How do you go overcome procrastination and fear before a big deal?
  • It all comes with the experience since you got your first deal. Test and measure the numbers ever since the beginning so you won’t procrastinate.
• Q: If you get stuck on an island and you only get to choose 3 things to bring, what will they be?
  • A satellite telephone, knife, desalination tablets
• Q: What’s the effect of the attack on landlords by the government?
  • Mark: “I feel victimised. I feel discriminated against. I feel like a minority.”
• Q: Are you meeting with other investors to come up with a voice to challenge them?
  • Mark has a petition running on the parliamentary website to remove the 3% surcharge and remove Section 24.
• Q: What’s your most and least favourite trait of Rob?
  • Most favourite: Rob’s brilliant ability to engage with people
  • Least favourite: He’d do anything just to engage with people
• Q: What is the most important trait that a property investor should have?
  • Being tenacious, not giving up, keeping on going
• Q: If there was a movie made about you, whom actor would you choose to play you?
  • Tom Cruise

BEST MOMENTS

• "I like to focus on a few things and do them well rather than try new stuff and not do very well.”
• “Fear disappears with knowledge; risk reduces with knowledge.”
• “Rents are rising at an abnormal rate."

VALUABLE RESOURCES

• Annual Meetings | Warren Buffett and Charlie Munger
• Progressive Property
• Reintroduce full mortgage interest relief and drop the 3% stamp duty surcharge Petition

ABOUT THE HOST

Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, as well as co-authoring the UK’s best-selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined.

Contact Method

• Email: [email protected]

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/