The Progressive Property Podcast

Should I Purchase My House or Investment Property First?


Listen Later

If you’re a first time buyer and interested in property investing this will be a question you will want answered! Listen in to today’s episode where Kevin talks about this decision as well as equity release and his experience in property investing.

Discover how tens of thousands of ordinary brits are quietly getting rich with minimum investment!
bit.ly/Podcast-MSOPI

 

KEY TAKEAWAYS

  • Kevin has been in property investing for 18 years now, he has tried and tested many property investing strategies. Currently he has a large portfolio of single lets and HMOs.
  • There are some big opportunities in the property market right now due to the end of furlough and the end of stamp duty holiday: both will change the property market.
  • If you are buying a residential house you need to decide what the financial implications are – is this going to be your family home or just a stop gap?
  • Equity release should be one of the last options, there are much better alternatives out there. It isn’t something Kevin would recommend.

 

BEST MOMENTS

“Whichever one you choose to do, just make sure you do something”

“Equity release, never done it, wouldn’t recommend it”

 

VALUABLE RESOURCES

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/

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

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

4 ratings


More shows like The Progressive Property Podcast

View all
Money Box by BBC Radio 4

Money Box

34 Listeners

The Martin Lewis Podcast by BBC Radio 5 Live

The Martin Lewis Podcast

65 Listeners

This is Money Podcast by This is Money

This is Money Podcast

38 Listeners

The Meaningful Money Personal Finance Podcast by Pete Matthew

The Meaningful Money Personal Finance Podcast

84 Listeners

Disruptors by Rob Moore

Disruptors

119 Listeners

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

The Property Podcast

52 Listeners

The Money To The Masses Podcast by Damien Fahy

The Money To The Masses Podcast

12 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

5 Listeners

Cash Chats UK Money & Personal Finance podcast by Andy Webb

Cash Chats UK Money & Personal Finance podcast

7 Listeners

Leveraged Lifestyle Podcast by Catherine Turner

Leveraged Lifestyle Podcast

4 Listeners

Property Sourcing Profits by David Siegler

Property Sourcing Profits

1 Listeners

The Money Podcast by Rob Moore

The Money Podcast

21 Listeners

AJ Bell Money & Markets by AJ Bell

AJ Bell Money & Markets

13 Listeners

Which? by Which?

Which?

12 Listeners

Property Magic Podcast by Simon Zutshi

Property Magic Podcast

6 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

6 Listeners

Making Money by Damien Jordan & Timeyin Akerele from Most

Making Money

9 Listeners