Mark My Words

Welcome to another episode of the Mark My Words Podcast. In today’s episode, Mark discusses BREXIT and lays out what’s going to happen post BREXIT and what it means for property investors and their investments? Get Marks inside-track on our economic situation and why now, is still a good time to be investing in property.

The main consequence of Brexit is lots of changes surrounding trade and our relationship with the European Union, changes to rules around lending and the general legislative framework that we follow in the UK. Brexit is the biggest project the government has undertaken since the second world war and as a result, lots of the UK market has gone ‘soft’. The brake has been applied to the market and once we get some level of certainty from the government, from the EU and from our Brexit deal we will start to see an increased economic growth, in business and in property. Mark suspects at the end of the Brexit period the economy will see a big release of capital and movement with our economy, our property prices and our rental values.

KEY TAKEAWAYS

• Generally speaking, residential property investors are better insulated against legislative changes than commercial investment and standard retail businesses. Why? Simply because people will always need somewhere to live. There are 70 million people in the UK and they all need a home. Brexit also doesn’t necessarily mean all UK migrants will ‘go home’ there will still be a form of immigration in place to fill jobs and to keep the economy growing.
• There will always be a demand for new housing in the UK, we are about 100,000 homes short and currently cannot keep up with demand for housing. Because of the supply and demand imbalance you’ll most likely see property prices rise and rents increase.
  
  

BEST MOMENTS

“We are short of housing demand by about 100,000 homes each year”

“RICS are saying rents will go up by 10-15% in the next year to 18 months.”

“Lots of investors retract from buying property when there is a lot of negativity in the media and uncertainty around our economic situation, what you need to do is look at the opportunity here”

“Our European cousins economy is probably growing about 1% more each year because they don’t have the level of uncertainty the UK has currently”

“The Retail market is in a slow-motion crash due to online growth and online retailers”

“It is in the European Unions interest to do a deal!”

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 THE HOST

• 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/

Welcome to another episode of the Mark My Words Podcast. In today’s episode, your host Mark Homer interviews Michael Edwards, yes the one and only Eddie the Eagle. Here, Eddie talks about all of his experience being a professional ski jumper, what he has learned in life and about property investment.

Firstly, they discuss Eddie’s success in the ski jumping world and how he was able to overcome all the obstacles put in front of him, despite all the sneers from the negative people around him. Mark and Eddie discuss he journey to the Olympics and, the experiences Eddie has had since entering the world of property investment.

KEY TAKEAWAYS

• Eddie is knowledgeable when it comes to property investment. If he had money, he would buy a property. He does not like to rush. He would develop the property in 3 to 4 years and then sell it and then repeat the whole process. He made a lot of money because of his style of investment.
• Eddie mentions that he would have preferred to manage his own money in the past. He would have more control over it, and it would not have dwindled away. He wouldn’t have to file for bankruptcy. His money wasn’t being taken care of well by the Trustees. He thought he could trust them but apparently not.
• Eddie wants to advice everyone to never give up. To never lose sight of where you want to go and what you want to do. Sometimes that might mean taking a step to left or to the right or taking a few steps back in order to progress forwards.

BEST MOMENTS

”One thing that drove me is that passion for doing something that I absolutely love doing.”

“I don’t believe in the word ‘can’t’. I always think there is a way and you’ve just got to work out what that way is.”

“Life’s too short to not to do what you enjoy doing.”

“You’ve just got to think outside of the box and get around that obstacle. But never lose sight of where it is that you want to be. Never give up.”

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 his other investments he’d tried in the last ten years, combined.

CONTACT THE HOST

• Email: [email protected]
• LinkedIn: https://www.linkedin.com/in/markhomer1
• Facebook: https://www.facebook.com/markprogressive
• Twitter: https://twitter.com/markprogressive

ABOUT THE GUEST

Michael Edwards is an English skier who in 1988 became the first competitor since 1928 to represent Great Britain in Olympic ski jumping, finishing last in the 70 m and 90 m events. He became the British ski jumping record holder, ninth in amateur speed skiing (106.8 km/h (66.4 mph)), and a stunt jumping world record holder for jumping over 6 buses.

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

DESCRIPTION

Welcome to another episode of the Mark My Words Podcast. In today’s episode, your host Mark Homer discusses the different property areas you can invest in, to acquire right property deal and achieve the possible yield.

Mark is always getting asked ‘which areas you should invest in, to receive the highest yield’ and in today’s episode Mark explains the pros and cons of a scattergun approach and why you too, can make the most money over time by investing in your local area, learning through osmosis and increasing your knowledge with every investment.

Don’t be a small fish in a big pond and spread yourself too thin, dominate your local area and super-charge your property investment business.

KEY TAKEAWAYS

• Whilst the whole letting industry has improved over the last five years, there are still a few agencies who are not as good as they should be. They might be taking tenants in who they shouldn’t, not referencing properly or abiding by local council laws. You need to know the rules of your local area and build a reputation, particularly with the local estate agents.
• I believe in creating a business that creates widgets. If you do the same thing over and over again, you create something close to perfection. If your trying to build ten widgets in ten different investment areas you add many layers of complication and complexity.
• Most people initially think it’s best to invest elsewhere in the UK, to get higher returns. But chasing the highest return isn’t necessarily a good strategy, a scattergun approach is not always the best idea.

BEST MOMENTS

“It’s very important to build up a local knowledge yourself, if you don’t have a level of technical yourself people will tell you what you want to hear”

“With any business, you tend you make the most money over time when your knowledge base increase. I’ve made more and more money the longer I’ve been in a certain area, I’ve learnt through osmosis”

“You’re going to have to kiss a few frogs to find a good one. But you’ll learn throughout the process and your work in finding the good ones is multiplied over different investment areas”

“If you invest in a new area you’ll have to learn the rules of that area”

“If you get a great tennant with a great lease, your property is going o be worth a lot more money”

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 his other investments he’d tried in the last ten years, combined.

CONTACT THE HOST

• 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/

Robs latest book is finally live, available on preorder on audbile now. In this bonus short, Rob discusses his new book, its content and some very special bonuses for early buyers.

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

(4.03) Welcome to the Mark My Words Podcast

In this episode Mark interviews The Lord Lieutenant of Northamptonshire. Mr David Laing of Laing  Construction, whose illustrious career spans several decades. Mark makes this episode become a very open discussion between two entrepreneurs from very different periods.

KEY TAKEAWAYS

• (5.00) David Laing’s business history intrigues Mark. He asks David about the construction dynasty which started in 1845.David Laing tells us how he was on his way up to Edinburgh recently when they stopped off at Gretna. This made David think about how his Grandfather and his Grandfathers father had been responsible for building the town. Gretna was set up as one of the main munitions factories during the 1st world war. He goes on to tell us about how they built miles of factories and accommodation for 50,000 workers.
• (7.12) David Laing continues to tell Mark about the growth of Laing’, how the expertise in concrete continued and how they built the M1 he discusses all of the buildings, bridges and so on through this period which included the Millennium dome. Mark and David discuss the benefits of the Dome.
• (25.52) Mark probes David’s outlook on politics by asking David to pick up on a thread from earlier in the conversation. Mark outlines concerns within the community if The Labour Party came into power. David Laing gives a considered reply by covering the various dangers of inflation, profit, tax and the probability of who would be the front man for Labour. The discussion goes on too looking at trade generally covering Brexit, Donald Trump and the world.
• (37.25) Mark asks David Laing where we are in regards to Cycles/Timing. David says we are still in the fairly golden times at present, property is still rising and there is a lack of housing, he advises that it could be a couple of years time when Brexit and /or Corbyn could be the triggers for change, so try to keep within you borrowing limit, retail is definitely not an option for profitability.
• (45.40) After a brief discussion on gearing, covenants and the percentages obtained, Mark moves the interview away from business and asks David “what do you do for Her Majesty?” Davis Laing is her Lord Lieutenant. David sees this post as the eyes, ears, heart and temperature control of the county. This means he needs to know what is good bad and needs fixing, although it is a non-political role, he tells us that he is there to do whatever Her Majesty is not able to do. He is involved in the military on her behalf and holds the equivalent rank of Major General. Many of his duties include visiting schools to support them, helping with the scouts and brownies.

(1.01) Mark examines David Laing’s fascination with cars and racing, and the crash at Silverstone in 2006. David talks about all the various racing cars he either has driven or admired and his more recent experience driving around the world circumference in 69 days with Mary as his navigator. He runs through the various countries they drove over, so we are able to imagine how it must have felt driving 11 hours a day in all those locations.

BEST MOMENTS

• David Laing tells us that “timing is always the most important thing in the business”
• David Laing’s knowledge of changes in government gives us a sound grounding for preparing how to deal with the future.
• David and Mark look at the impact of homelessness on cities and how it can be approached going forward.
• Mark asks David about the difficulties in obtaining finance in the past and how it compares with today’s financing
• Building the M1 had an advantage for David Laing he had just started courting his wife up in Leicester and it meant they didn’t have to drive up the A5 and A6 anymore!

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 his other investments he’d tried in the last ten years, combined.

CONTACT THE HOST

• LinkedIn: https://www.linkedin.com/in/markhomer1
• Facebook: https://www.facebook.com/markprogressive
• Twitter: https://twitter.com/markprogressive

ABOUT THE GUEST

The Lord Lieutenant of Northamptonshire. David Laing is a man of principle who has worked hard through his life in the construction industry through architecture design and construction, and appears to have enjoyed all the good and disagreeable parts of his career. Mr Laing gives time and money to charitable trusts, and has enjoyed exciting hobbies such as racing.  He has been rewarded by his position as Her Majesty’s representative as Lord Lieutenant of Northampton -shire.  He has an impressive family history behind him with his Grandfather and Grandfathers’ father starting the business in 1845 all of whom did vital work through the 1st and 2nd world wars.  

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

Mark shares with you his experience on flying helicopters. How to learn flying a helicopter, how long it takes and what to expect. What are the upsides and downsides of traveling with a helicopter and with a plane, how fast you fly, how far you can go, and all the costs you need to consider.

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

David Kemp returns to the podcast to discuss the latest updates to property development law and legislation around the subject of the national planning policy. David covers some key facts that you should be aware of as a property developer or investor from SIL & CIL legislation to SANG, and how to make sure you are paying the right amount for land destined for development. 

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

Quentin Willson talks with Mark about cars and the car market. Why to invest in cars and how to do it. How to identiify the right strategy for investing and differences from property market.

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

Mark talks about what is happening in the economy right now. From interest rates and inflation to Brexit and market changes, he covers everything you need to know in order to make the right decisions.

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