The Progressive Property Podcast

Breaking Down Social Housing for the Growing Property Investor with Carole Neales


Listen Later

Would you be interested in a boost in knowledge? Download our Free Buy To Let guide - https://bit.ly/BTLReport-POD or Download our No Money Down FREE GUIDE → https://bit.ly/nmdreport-yt (either or on these ones) and 

Want to meet Kevin in person? Come to our FREE, 3-day MSOPI event here:  https://bit.ly/msopi23

Kevin welcomes social housing expert Carole Neales to discuss the intricacies of investing in properties that provide affordable housing. They explore the different types of social housing, typical property formats, support provided to tenants, benefits for investors, challenges to be aware of, and how to ethically enter this impactful sector. Carole stresses the critical need across the UK and shares uplifting stories of the immense good this model offers communities when done properly.

KEY TAKEAWAYS 

  • Social housing involves partnering with councils, charities and associations to supply accommodation and support programs helping disadvantaged groups transition positively.
  • Investors buy and lease properties to providers, earning higher rents without voids or maintenance costs, and supporting social improvement.
  • Typical formats are shared houses, HMOs, converted buildings, but ideal options are end terraces or detached to limit neighbor disruption.
  • Strict due diligence is essential to avoid unscrupulous providers overpromising unsustainable returns that inevitably collapse.
  • Ethical best practices include ensuring full safety compliance regardless of legal minimums, with regular inspections.
  • While more complicated to enter, you can get fulfilment from improving many lives and strengthening communities.
  • Giving generously comes full circle, opening unexpected doors and attracting conscious investors.

BEST MOMENTS  

"If more investors were involved in this as an ethical way of making money, then we would be using less and less temporary accommodation."

"I make sure that all the properties have an HMO license and are fully compliant...to future-proof the fact that I take on a property now."

"By investing in this strategy you will do so much good in the community. You will create such an amazing sense of well-being that you will open doors that you never thought were there."

"Give to receive. Totally. And you're doing so much good for the local community that you're helping the local residents, you're helping the taxpayer."

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/Progperty

progressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

...more
View all episodesView all episodes
Download on the App Store

The Progressive Property PodcastBy Kevin McDonnell

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

3 ratings


More shows like The Progressive Property Podcast

View all
The Martin Lewis Podcast by BBC Radio 5 Live

The Martin Lewis Podcast

69 Listeners

The Meaningful Money Personal Finance Podcast by Pete Matthew

The Meaningful Money Personal Finance Podcast

85 Listeners

The Property Podcast by Rob Bence and Rob Dix from The Property Hub

The Property Podcast

61 Listeners

The Money To The Masses Podcast by Damien Fahy

The Money To The Masses Podcast

13 Listeners

The Inside Property Investing Podcast | Inspiration and advice from a decade investing in UK real estate by Mike Stenhouse: Property Investor

The Inside Property Investing Podcast | Inspiration and advice from a decade investing in UK real estate

7 Listeners

This is Money Podcast by This is Money

This is Money Podcast

37 Listeners

Disruptors by Rob Moore

Disruptors

114 Listeners

Mark My Words by Mark Homer

Mark My Words

2 Listeners

Cash Chats UK Money & Personal Finance podcast by Andy Webb

Cash Chats UK Money & Personal Finance podcast

10 Listeners

The Money Podcast by Rob Moore

The Money Podcast

21 Listeners

Leveraged Lifestyle Podcast by Catherine Turner

Leveraged Lifestyle Podcast

4 Listeners

Property Sourcing Profits by David Siegler

Property Sourcing Profits

1 Listeners

AJ Bell Money & Markets by AJ Bell

AJ Bell Money & Markets

13 Listeners

Property Magic Podcast by Simon Zutshi

Property Magic Podcast

4 Listeners

Wealth Made Simple Podcast by Shaz Nawaz

Wealth Made Simple Podcast

0 Listeners

James Sinclair's Business Broadcast by James Sinclair

James Sinclair's Business Broadcast

3 Listeners

Many Happy Returns by PensionCraft

Many Happy Returns

35 Listeners

Making Money by Damien Jordan & Timeyin Akerele from Most

Making Money

9 Listeners