A new warning has been given to landlords this week in regards to cowboy builders exploiting the “Green Homes” government grant. Law firms in Sheffield saw an increase in negligence claims for a previous, similar scheme and warned it could happen again due to the short 6-month time frame given. A tenant has been found guilty of murdering their landlord this week in Coventry. This incident should serve as a reminder for landlords all around the country to ensure they are always safe when viewing properties. Host Kevin McDonnel also brings you the latest weekly updates from the Progressive Property community.

KEY TAKEAWAYS

Weekly Property News

• Warning over cowboy builders exploiting the ‘Green Homes Grant.” Landlords thinking about taking advantage of the government's new “Green Homes Grant'' are being warned of a surge in cowboy building works. Sheffield based SSB Law has seen an influx in breach of contract and negligence claims as a result of a previous government scheme.

 

• The firm now believes that due to a short 6-month time frame the new scheme could see tradesmen cashing in. The six-month time frame is not long enough and is putting both landlords and building firms under pressure. This means the likelihood of substandard work will increase.

 

• Under the government's new “Green Homes Grant'' which launched last month, landlords and occupiers in England can apply for grants of up to ten thousand pounds to make their homes more energy-efficient. This includes the fitting of cavity walls, loft insulation and solar panels.

 

• Havering council has agreed to do an extension in its landlord licensing scheme. It currently covers twelve awards and will be rolled out to a further six. Councillors have also agreed to an introduction of a selective licence scheme to cover single-family properties in Romford Town and Brooklands Wards only. This scheme will come into place in January 2021 and will operate for five years.

 

• As a landlord, you are always taking risks when visiting the property. If you’re a landlord or agent and are planning to visit one of your properties, always ensure that somebody knows where you are visiting and ideally bring someone else with you.

 

Progressive Property Community News & Discussions

 

• Each property is different and you are bound to see properties with a lot of different layouts.
• The benefit of renovating old buildings is that you can add some TLC into them, especially cowsheds.

 

 

BEST MOMENTS

“If you weren’t aware of it, get in and look at the opportunity of what can be done on your property.”

“That is certainly something you should be doing in case you get into a conflict.”

“Visiting properties can be risky.”

 

SUBSCRIBE TO THE A NEW INVESTMENT SERIES

Episode One: How to Perfectly Invest £10,000 | The Best Stocks | Property | Gold & Classic Cars
Watch Live On The Progressive Property YouTube Channel Every Monday At 7 PM Tiny.cc/PPTV
Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes

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/

Do you want to become a sophisticated investor making large, sustainable and scaleable returns on your investments? In this episode of the ‘How To Invest For Maximum Returns’ mini-series Mark and Rob go big advice, tips, tricks and the fundamentals of investing £100,000 in the best property strategies, proven business models and appreciating assets such as classic cars and vintage watches. Tune in and discover the tried tested BRR property tactics that can make you over £1,000 per month along with new properties every 8 months and why a bootstrapped business model could be the best return on your investment yet.

WATCH ON YOUTUBE

How to Perfectly Invest £100,000 | The Best Stocks | Property | Gold & Classic Cars

SUBSCRIBE TO THE SERIES

Watch Live On The Progressive Property YouTube Channel Every Monday At7PM Tiny.cc/PPTV

Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes

KEY TAKEAWAYS

• When investing always keep 10% contingency back as a reserve. Being liquid is really important when things change, cash is needed to cover costs and pay bills and if you have no liquidity in your business you may struggle when cashflow is needed and your cash is tied up in investments

 

Property: £100,000 investment in the BRR single-let property strategy will get you started with three units that you can roll over continuously and by getting your initial deposit back out you can leverage the bank’s money to purchase three more single-lets, refurbish and refinance them every 9 months and you can quickly build up a property portfolio.

 

Property: A £100,000 investment opens the doors to new property strategies such has high-end HMO’s of at least five bedrooms. Done correctly to a high specification on a property where you can add value and you’re able to get an investment valuation to retrieve your initial deposit, this property strategy can generate up to £1,000 per month and you can easily recycle the cash onto your next investment.

 

Appreciating Assets: Classic cars such as the Ferrari Testarossa, Porsche 911 and 997 GTT are good investments are this price range as they’re in limited supply and good demand. Vintage watches such as Patek Philippe Nautilus and Rolex Daytona’s are solid and sought after assets that will steadily go up in value over time.

Business: By blending the sweat-equity model with a portion of your £100,000 investment and good knowledge of the market you’re entering you will see huge returns on your initial stake. If you bootstrap your business by reinvesting all of your sale cash back into the business with a lean focus on systems and marketing and prove that the business model works and it can be scaled.

 

BEST MOMENTS
“On balance fixed-rate mortgages have always cost us more, it’s effectively an insurance policy”

“To avoid early redemption payments, always refinance with a new lender”

“BRR-HMO investments are the quickest way to build income and build cashflow”
“Always max out your ISA every year by putting in £20,000”

“The older the Daytona you get the better but beware of frankenstein models”

“Prove that your business model works first before using all of your investment”

 

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

ABOUT THE GUEST

Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller "Life Leverage" Host of UK's No.1 business podcast "The Disruptive Entrepreneur."

"If you don't risk anything, you risk everything."

CONTACT METHOD

Rob’s official website: https://robmoore.com/
Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs
LinkedIn: https://uk.linkedin.com/in/robmoore1979

 

 

 

 

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

Kevin McDonnell discusses this weeks property news as Aldermoore’s ‘Buy To Let City Tracker’ identified Manchester as the best city in the UK to invest in. Aldermoore stated that the short term returns through yield and long term return over ten or more years as two of the reasons why the northern city is the best for property investment. Kevin discusses the impact the recession will have on peoples property preferences with many people likely to downsize and turn to HMO’s. Kevin also shares whats new in the Progressive Property Community and poses the question of what’s better houses or flats?

 

KEY TAKEAWAYS

Weekly Property News

• According to Aldermore’s Buy To Let City Tracker, Manchester is the best city to invest in. The tracker assessed 5 key indicators that impact desirability, these can be identified as average total rent; short term returns through yield; long term return over ten years; the lowest number of vacancies as a proportion of total housing stock and the percentage of the cities population in the rental market. Manchester performs well for rental returns and long term house price growth. More importantly, it is one of the biggest rental markets in the UK.

 

• Many people are saying because of COVID-19, people will no longer want to live in shared accommodation. However, along with the pandemic there came to a recession meaning people will have less income and will be looking to downsize to save money. HMOs (Houses of multiple occupancies) are the cheapest part of the market. In the previous financial crash, the HMO sector boomed as many people were looking to make cut backs. Many young professionals who can afford a one-bedroom flat often prefer to live with others.

 

• Property Investor Today gave some advice on how to convert and invest in HMO’s for them to be successful. Make sure the property has a workable workplace as many people will be working from home. Ensure the properties kitchen has as much storage as possible as well as ensuring the bedrooms have ample wardrobe space. In the coming years, service will be key, ensure you provide the first-class service to your tenants.

 

Progressive Property Community News & Discussions

• What is better to invest in houses or flats? Flats usually have a higher turn over of tenant than houses as well as often being a leasehold property meaning you are likely to have yearly service charges. Another thing to think about with flats is ensuring the building does not have any cladding issues. The service charge is often steadily increased over the years as well as the complex issues that arise over communal areas. Buying freehold houses and converting them into flats allow for good yields and higher tenant turnover.

 

BEST MOMENTS

 

“What do you need to be successful?”

“It is not as clear cut as ‘there will be a decline’ or ‘there will be a rise’.

“Think about what you would want in your house, and that is what your tenant will also likely want.”

SUBSCRIBE TO THE A NEW INVESTMENT SERIES

Episode One: How to Perfectly Invest £10,000 | The Best Stocks | Property | Gold & Classic Cars
Watch Live On The Progressive Property YouTube Channel Every Monday At7PM Tiny.cc/PPTV
Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes

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/

Welcome back to episode four of the How To Invest For Maximum Returns’ mini-series. In this episode, Mark and Rob unwrap the perfect investment vehicles for an initial £50,000 investment and share with you the risks, rewards, capital gains and opportunity investments in property, stocks and shares and new start-up business models. Listen in and discover exactly how to get more than 20% return on your investments, how to leverage your initial stake for higher returns, why it’s important to diversify your portfolio and why starting and scaling a business can still be one of the best investments you can make today.

WATCH ON YOUTUBE

How to Perfectly Invest £50,000 | The Best Stocks | Property | Gold & Classic Cars

SUBSCRIBE TO THE SERIES

Watch Live On The Progressive Property YouTube Channel Every Monday At7PM Tiny.cc/PPTV

Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes

KEY TAKEAWAYS

Property: For £50,000 you can purchase a freehold house and get a net return including 75% leverage from your 25% residential buy-to-let mortgage on you 15% or more on each property purchase. This is by far the investment strategy with the highest possible maximum return.

Purchase a 130k+ house that could be worth 170k+. Add value with a refurbishment of no more than 10k and roll your initial 25% investment back out and keep going. If you’re able to fully retrieve your deposit by refinancing you will have gained an ROI of 100% and now have a proven appreciating asset and your initial investment back.

 

• With an initial investment of £50,000, you have the ability to diversify your investment strategy. As long as your investing in areas of the country where the population is growing you can secure multiple positive investments for £50-60k, flip the property and also use different property strategies such as But-To-Let, Commercial Conversion or HMO’s dependant on your area. Additionally, you can also keep some of your investment aside to use for tracker funds and other commodities.

Stocks & Shares. When investing in stocks and shares its a good idea to diversify your portfolio into 15 or more different equities. Smart diversified tracker fund investments with Hargreaves Lansdown or Vanguard with good growth potential are ishare emerging markets equity index class H (accumulation), Vanguard FTSE 100 index (accumulation) and Legal and General index (accumulation). These funds cover blue-chip companies and are a low-risk investment.

Business: A £50,000 investment can enable you to start a number of profitable business models but the ‘sweat-equity’ model whereby you work hard to cut costs and save money, in the beginning, will give you a greater chance of success in the future. Focus on a minimum cost model with the majority of your initial investment spent on marketing to grow your business and sales to generate cashflow. eCommerce (Amazon/Shopify), content and informational based business models are growing marketplaces right now.

 

BEST MOMENTS

“Since investing in property we haven’t sold our properties, we’ve simply kept on rolling our investments on with our existing portfolio seeing a 10% capital gains.”

“The sterling value is decreasing as the currency inflates and mortgage rates go down”

“You won’t get a better ROI on your investment than property”

“Why would you not borrow money at 1.5% and invest it to make 15% or more.

“Buying your own home is a blessing”

“You could turn a property into an HMO, increase your rental income along with the capital gains and see returns of 20%+. There is no better investment strategy for maximum return than property.”

“With a residential property, you can get 75% leverage on your initial investment”

 

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/
https://www.vanguardinvestor.co.uk/
https://www.hl.co.uk/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

ABOUT THE GUEST

Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller "Life Leverage" Host of UK's No.1 business podcast "The Disruptive Entrepreneur."

"If you don't risk anything, you risk everything."

CONTACT METHOD

Rob’s official website: https://robmoore.com/
Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs
LinkedIn: https://uk.linkedin.com/in/robmoore1979

 

 

 

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

Have you ever made a mistake in business or in life and wondered how you will ever overcome it? Well, listen in to today's episode as Rob is joined by Gerald Ratner, former CEO of one of the most previously successful jewellery companies in the UK whose infamous speech ruined both his and his company's reputation. Together they discuss how to overcome mistakes, why facing your demons is sometimes easier than avoiding them and why you must learn that you cannot please everybody.

 

New Book Launch - 3rd December 2020
‘Reinvent Yourself’ With Gerald Ratner

KEY TAKEAWAYS

• Good and bad, nobody can believe what sometimes happens in business, and in life. Previous mistakes you have made in both your personal and professional life have made you what you are today, and you are probably a happier person because of it.

 

• If you’re having to reinvent yourself because your business has dissolved or you have lost your job, you can’t afford to lose a lot of money again. Avoid taking risks that you cannot afford to make.

 

• You sometimes need somebody to push you in the right direction. This can help you realise that facing your demons is a lot easier than avoiding them. You cannot keep avoiding things that you don't want to do. You have got to find the guts to go out there and confront your issues. When you do this, they are not as difficult to face as you may think they are.

 

• There is nothing worse than being a failure and there is nothing better than being successful. We are put on this earth to work, challenge things and to compete against others. In business, you get the best brains. Successful business people do not spend their time trying to convince people they are brilliant, they just get on with things.

 

 

• Try to get into a business that is unfashionable. You cannot please everybody, everybody has got different needs. Don’t try to be loved by everybody and try to persuade them that you are doing the right thing, if you believe something just get on and do it. If you start trying to get permission and opinions of others you will not get the right advice.

BEST MOMENTS

“I appreciate things now, after losing everything.”

“It was a wonderful feeling when I actually got out there. Although I didn't want to, I was forced out there.

“Get up, dust yourself off and start all over again.”

VALUABLE RESOURCES

https://robmoore.com/
The Rise & Fall & Rise Again - Gerald Ratner

ABOUT THE GUEST

Gerald Ratner is a British businessman and motivational speaker. He was formerly a chief executive officer of the major British jewellery company Ratners Group. He achieved notoriety after making a speech in which he jokingly denigrated two of the company's products. He currently speaks around the world at corporate and promotional events.

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/

Welcome back to another exciting episode of the ‘How To Invest’ mini-series. This week, Rob and Mark dive into the perfect investment opportunities for an initial £25,000 investment as they cover the top strategies, tactics and fundamentals for minimal risk and maxim return. Listen in for advice, tips and tricks on the best property strategy for cash flow and for capital gains, how you can roll your initial investment into many, which tracker funds and equity share investments propose the highest returns and the lowest risks and finally what business models are working today that can net you a higher return that any other strategy when you apply these simple rules.

WATCH ON YOUTUBE

How to Perfectly Invest £25,000 | The Best Stocks | Property | Gold & Classic Cars

SUBSCRIBE TO THE SERIES

Watch Live On The Progressive Property YouTube Channel Every Monday At7PM Tiny.cc/PPTV

Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes

KEY TAKEAWAYS

Business: A £25,000 investment can enable you to start a number of profitable business models but the ‘sweat-equity’ model whereby you work hard to cut costs and save money, in the beginning, will give you a greater chance of success in the future. Always aim to keep some of your investment back as a contingency and what you do invest, spend wisely on sales and marketing to grow your customer base.

Property: For £25,000 you can quickly and easily source a buy-to-let property that has an opportunity to add value. Aim to purchase in a cheaper area of the country so that you can roll that capital investment into further single-lets after increasing the property value and refinancing. Using this method you can quickly build up a portfolio or properties using your initial £25,000 investment and keep on rolling that investment into more and more buy-to-lets, earning a rental income as well as capital gains.

Shares: £25,000 can easily be put into tracker funds or single equity investments although at a higher risk. It’s a good idea to spread your shares around for minimal risk and maximum return. Investing in the top 10, premium bonds and precious metals can help to diversify your portfolio.

If £25,000 is all you have you invest, with no contingency but still want to get a maximum return Rent2Rent property investing is the quickest way to generate a monthly passive cashflow. It would be wise to keep £5,000 aside as a backup and seek a JV partner for further property investments.

Starting a business can be the best way to see a huge return on your investment but you must build your business with minimum outlaw with a maxim spend on marketing to grow your business and generate clients. eCommerce (Amazon/Shopify), content and informational based business models are growing marketplaces right now.

 

BEST MOMENTS

“Get your deposit back out and just keep on rolling on to the next investment|”

“Premium bonds can yield you a 3% return”

“There have been some big losses with crowd-funding over the recent years”

“The Steel Daytona is a good investment watch to purchase now that will increase in value in the future”

“It’s critical that you love what you’re putting your money into. You need to want to read, learn and become better at the investment that you make.”

 

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/
https://www.vanguardinvestor.co.uk/
https://www.hl.co.uk/

ABOUT THE GUEST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

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/

A new Winter Economy Plan sees the Government try to support tenants and those affected by COVID-19 pay their rent in an attempt to combat the £437 million of lost landlord rental income. Predicted changes to Capital Gains Tax regulations could now be a net benefit to landlords as it is proposed that tax is only paid on capital gains above the rise in monetary inflation and more in this week’s Progressive Property weekly news update with your host, Kevin McDonnell.

Join the Progressive Property Community

SUBSCRIBE TO A BRAND NEW MINI-SERIES

How to Perfectly Invest £5,000 | The Best Stocks | Property | Gold & Classic Cars

Watch Live On The Progressive Property YouTube Channel Every Monday At7PM Tiny.cc/PPTV

Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes

 

 

KEY TAKEAWAYS

Weekly Property News

 

The Winter Economy Plan: The Government have announced at New Jobs Support Scheme and extension tp self-employment income support with over £1 million businesses also receiving extra flexibility in paying back Government loans. With the end of the furlough scheme predicted to cause many household difficulties in paying rents these measures will help to combat this as private landlords across England have faced rental losses of up to £437 million as a result of COVID-19. The Government should follow hardship loan schemes set up in Scotland and Wales to help support tenants to pay their rent as a result of the COIVD-19 pandemic and landlords are now seeking out Government-backed tenant income to ensure rent is paid through schemes such as supported living and housing benefits.

Landlord Today: Capital gains tax changes could result in landlords paying less, not more tax. Historically capital gains tax is not applied on all profits, only those that are above standard measures of inflation. If the Government is to reform capital gains tax regulations then they need to reintroduce a form of inflammatory relief, meaning a potential benefit for most landlords that purchased property in the 1990s and 2000s.

Progressive Property Community News & Discussions

 

• What do you do when a property purchase is down-valued? There has been an upsurge in property prices due to furlough, people moving out of the cities, an influx of foreign money coming into the UK, stamp duty holidays etc, however, lenders who value the property are concerned about a downturn in the market in 2021 and are assessing the property from a safe loan to value metric, not simply how much is the property worth. Also, remember that if you’re purchasing a property and it is downvalued that is a net=benefit to you as the investor.
  
  

BEST MOMENTS
“The Government should follow hardship loan schemes set up in Scotland and Wales to help support tenants to pay their rent as a result of the COIVD-19 pandemic.”
“A lot of landlords are looking for Government-backed income through new schemes such as supported living and housing benefit tenants to ensure rent is paid”
“You’ve always got to have income coming in no matter what is happening in the current economic climate.”
“There are interesting times ahead with how the Government is going to try to recoup all of that furlough money.”

SUBSCRIBE TO THE A NEW INVESTMENT SERIES

Episode One: How to Perfectly Invest £10,000 | The Best Stocks | Property | Gold & Classic Cars
Watch Live On The Progressive Property YouTube Channel Every Monday At7PM Tiny.cc/PPTV
Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes

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/

Luke Brindley has scaled his property empire to over 15+ properties since joining the VIP programme at Progressive Property and is now securing JV funding for more deals helping other investors source and scale their own property portfolios. Listen in as Kevin and Luke discuss the fundamentals of property investments, what it takes to scale up your business from part-time investor to full-time property entrepreneur and how you can shift your mindset, leverage social media and build up a network of investors around you quickly and effectively.

 

Join the Progressive Property Community

KEY TAKEAWAYS

 

• In property you get out what you put in. It can take a long time to get traction in the property market and secure a deal but you need to be persistent, invest in your local area and look for the longterm gain and not the short term wins.

 

• When you’re starting your property portfolio, exchanging your time for money is just too slow. You need to JV with investors and like-minded individuals in the property community to secure JV finance and more quickly scale your portfolio.

 

• If you’re investing in property alone you can have a very limited mindset and it is not until you join a mentorship group that will you understand the value in ‘getting out there and speaking with people’ and discovering that you can raise funding for property deals.
  
  

Start investing in property, building your network and mastering your strategy in your local area part-time whilst you’re still employed until you have partly replaced your income and cost of living. Once you do move into property full-time your portfolio, funding and JV funding will grow exponentially.

 

• Use social media to share your property journey, interact and help other investors on their journey and you will organically grow your network and find more deals and funding for your property business.

 

SUBSCRIBE TO A BRAND NEW MINI-SERIES

How to Perfectly Invest £5,000 | The Best Stocks | Property | Gold & Classic Cars

Watch Live On The Progressive Property YouTube Channel Every Monday At7PM Tiny.cc/PPTV

Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes

 

 

 

BEST MOMENTS

“Don’t look for the quick win, look for the long term gain.”

“At the age of 35, I’ve been able to quick my day job and spend more time doing what I love”

“In property you get out what you put in”

“You don’t know what you don’t know”

“My portfolio is 100% self-funded”

“I’ll post property content daily on social media to share my success”

“Two years ago I didn’t have property network and now I’m turning down deals”

“Build your parachute while you’re in the aeroplane before your jump full time into property”

“Social media has been the single source of finding investors for funding in the past 2 years”

SUBSCRIBE TO THE A NEW INVESTMENT SERIES

Episode One: How to Perfectly Invest £10,000 | The Best Stocks | Property | Gold & Classic Cars
Watch Live On The Progressive Property YouTube Channel Every Monday At7PM Tiny.cc/PPTV
Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes

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/

 

ABOUT THE GUEST

 

Luke Brindley is a property investor, BTL portfolio owner in Hull and East Yorkshire and has been actively investing in the area since 2011 with the aim of improving the quality of available housing in the local area and provide tenants with a ‘new home’. Luke is the owner of Wizard Properties & founder of Grow Your Property Portfolio.

 

 

CONTACT METHOD

www.growyourportfolio.co.uk

https://www.linkedin.com/in/luke-brindley-grow-your-property-portfolio/

 

 

 

 

 

 

 

SUBSCRIBE TO THE A NEW INVESTMENT SERIES

Episode One: How to Perfectly Invest £10,000 | The Best Stocks | Property | Gold & Classic Cars
Watch Live On The Progressive Property YouTube Channel Every Monday At7PM Tiny.cc/PPTV
Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes

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/

In this weeks property news, we see increased activity in buy-to-let and residential mortgage searches with the rise of property prices and the start of lockdown 2.0. Listen in as Kevin brings you the latest updates from the world of property investing and shares his advice both on short-term and long-term property strategies to combat the lockdown trend seeing a mass exodus of city apartment rentals. 

Join the Progressive Property Community

SUBSCRIBE TO A BRAND NEW MINI-SERIES

How to Perfectly Invest £5,000 | The Best Stocks | Property | Gold & Classic Cars

Watch Live On The Progressive Property YouTube Channel Every Monday At7PM Tiny.cc/PPTV

Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes

KEY TAKEAWAYS

Weekly Property News

 

Property Investors Today: Warns investors not to change strategy based on lockdown trends. In the short term COVID has resulted in an exodus of people leaving apartments in the main cities and moving out to more spacious and greener areas but should we stop investing in these types of properties? Longer-term these apartments remain a good investment as we return to normality.

Mortgages have seen an increased in activity admit the start of lockdown 2.0 in England. Weekly mortgage, buy-to-let and residential mortgage search volumes have increased demonstrating a renewed interest in the property market as prices rise. 

 

Progressive Property Community News

 

• Can you get a buy-to-let mortgage for 15-20k? There are only a couple of lenders that will loan at 80% LTV in the current economic climate. Whilst it is possible to get a mortgage at this rate it may not offer a favorable interest rate.
  
  

What do you do if your HMO tenant isn’t paying? Part of your property journey will involve tenants not paying their rent. But what can you do? You can serve a section 8 notice and get the tenant out of the property and by investing in a Rent2Rent or HMO strategy you can scale to 20 tenants quickly which will cover the cost of the non-paying tenant.

 

• Check out a brand new Serviced Accommodation 7-day challenge with Kevin Poneskis. Learn about what it takes to start, run and grow a Serviced Accommodation business. Join Here
  
  

 

BEST MOMENTS
“We should not take a short term change such as COVID as a long term change in the property market.”

“Follow the fundamentals of what has made property a great investment strategy not the short term changes.”

 

“Now is the time to start investing in property and grasp the current opportunities in the market”

 

“This is the new 2008, how many people wished they had invested in property back then?” 

 

SUBSCRIBE TO THE A NEW INVESTMENT SERIES

Episode One: How to Perfectly Invest £10,000 | The Best Stocks | Property | Gold & Classic Cars
Watch Live On The Progressive Property YouTube Channel Every Monday At7PM Tiny.cc/PPTV
Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes

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/

Progressive Property Co-founders Rob Moore and Mark Homer join the show to share with you the best active and passive investment strategies for high returns and regular income when investing £10,000.  Discover how to get the quickest returns on your investment for short, medium and long-term capital growth from investing in everything from property, stocks and businesses to assets such as cars, watches and commodities.

 

KEY TAKEAWAYS

• The quickest returns on an active £10,000 property investment will be when you combine your capital with effort and hard work and create a business. eCommerce is a great opportunity for investment, it’s a growing market with huge potential for scale. Platforms such as Shopify and Amazon can help you reach huge audiences quickly.
  
  

If you’re passively investing £10,000 the safest options are most ISA’s or a portfolio of tracker funds that invest in the FTSE or American spread. Platforms such as Vanguard and Hargreaves Landsdown are recommended to use.

The best property businesses to start for returns are Rent2Rent, Serviced Accommodation or Deal Packaging, these property strategies will give you a fast cashflow each month and ability to get a return on your investment so that you can scale your empire. However, a joint-venture with other investors is also a great way of pooling your capital together for larger projects with bigger returns.

One of the better longer-term passive investments to make is in classic cars and watches. If you do your due-diligence using sites such as Glenmarch you can track the price of classic cars and their average price sold. With the right research on the right premium brands, these investments will increase in value year on year and you will see a positive return.

 

BEST MOMENTS

“By starting a business and by working hard you will see a better return than any other investment strategy”

“We started our training business with £300 each”

“Put your £10,000 into a business that you’re passionate about so that you’re motivated to grow”

“Purchased non-depresiative items”

“Do your own diligence on all your investments”

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/
https://www.glenmarch.com/
https://www.hagerty.co.uk/valuation/tool/
https://www.vanguardinvestor.co.uk/
https://www.hl.co.uk/

SUBSCRIBE TO THE A NEW INVESTMENT SERIES

Episode One: How to Perfectly Invest £10,000 | The Best Stocks | Property | Gold & Classic Cars
Watch Live On The Progressive Property YouTube Channel Every Monday At7PM Tiny.cc/PPTV
Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

ABOUT THE GUEST

Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller "Life Leverage" Host of UK's No.1 business podcast "The Disruptive Entrepreneur."

"If you don't risk anything, you risk everything."

CONTACT METHOD

Rob’s official website: https://robmoore.com/
Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs
LinkedIn: https://uk.linkedin.com/in/robmoore1979

 

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