Back2Business Podcast

Mr "No Money Down" - Kevin McDonnell - Creative Finance & Property Expert

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Serial entrepreneur, public speaker, best selling author and one of the UK’s most successful property experts Kevin McDonnell joins Kurt and Di today to share his personal journey in property and offer invaluable advice for anyone wishing to start out in the industry. Together they discuss property strategies and techniques, how to find which technique works best for you and how property can completely change your life. 

 

KEY TAKEAWAYS

  1. There are only a few property strategies: Commercial, Buy-to-lets, HMO’s (Houses of multiple occupancy), serviced accommodation and buy to sell. You then have property techniques which are different ways to acquire property. Decide what type of property strategy you wish to do and then figure out how you can go about doing that with no money.  You do not need money to do property, you need knowledge. 
  2. So many people within property are trying to do what is best. You do not need to do what is best, you just need to do something that works well for you. You do not need to do risky strategies once you are out of debt even if the risk could potentially bring you huge rewards. 
  3. What many people in property are doing is focusing too much on money. They are focusing on the money they have in their banks and wondering what to do with it. Whilst they are focusing on their money, they are failing to put a proper plan in place.  
  4. You should immediately start to think about making connections. Start talking to people walking the streets, look around areas scouting for properties for sale and go knocking on the door. Reach out to the owners and landlords and offer them your business proposal. 
  5. For those on a budget looking for a business mentor they can try to utilise free resources such as podcasts, free events, online events and books. Be around anything and everything that can get you closer to your property goals. Utilise local property events so that you can build your local network. 
  6. Be obsessed or be average. You should be obsessed with your own journey and make sure you work both smart and hard so that you get a lot into your day and are able to enjoy your downtime.  


    7. BEST MOMENTS

    • “I had the drive, the passion and the confidence but I didn't have the knowledge.”
    • “What I did see, completely changed my life.”
    • “I get a buzz out of negotiating a deal.”
    • “I’ve made myself financially strong.”
    • “When I work I work hard, when I don’t I don’t.”
    • "Be obsessed or be average."

      • .. and be sure to check out the quick fire trivia round!

       

      ABOUT THE HOSTS

      Kurt Wilson - Entrepreneur, Internet Veteran and Property Investor with multiple 7 figure businesses and property investments in the UK, GI, LT, BY and GR. CEO and founder of Advansys (www.advansys.com) a global eCommerce, web development and online marketing agency headquartered in the UK.

      Di Forster - Entrepreneur, Property Investor and Mum with exceptional grit. Expert in all areas of Online Sales and Marketing (SEO, PPC and Conversion). Quit corporate life and now enjoys working with and helping others grow and scale their businesses.

      CONTACT INFO

      INSTAGRAM.COM/KURTWILSON.UK   

      INSTAGRAM.COM/DIFORSTER.UK    

      WWW.ADVANSYS.COM 

      [email protected] 

      [email protected] 



      ABOUT THE GUEST
      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.   

      Facebook: https://www.facebook.com/kevinMcDonnellProperty/
      Website: https://kevinmcdonnell.co.uk/
      LinkedIn: https://uk.linkedin.com/in/kevin-mcdonnell-60ab7114
      Twitter: @KevinMc_Donnell

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      Back2Business PodcastBy Kurt Wilson & Di Forster