The Progressive Property Podcast

Why 99% of Investors Are Wrong About Problem Properties


Listen Later

https://www.progressiveproperty.co.uk/raf/

Sean is joined by Shimon Ruach, a property solicitor who uses creative property investing in the UK! From cycling through Manchester snow with no bus money to becoming the pioneer behind lease options and countless other strategies, Shimon shares his knowledge and experience of building wealth through problem properties that 99% of investors avoid. Discover why he deliberately targets properties with Japanese knotweed, subsidence, and structural issues and how this counterintuitive approach has made him a fortune. 

KEY TAKEAWAYS

  • Target problem properties for maximum profit. Properties with issues like Japanese knotweed, subsidence, or missing kitchens offer huge discounts because 99% of investors and lenders won't touch them, yet fixing costs are typically manageable with the right knowledge.
  • Learn multiple strategies to maximise opportunities,  focusing on just one property strategy (like service accommodation or HMOs) means missing out on profitable deals daily; successful investors adapt their approach to fit each property's unique situation.
  • Solve vendor problems, don't just buy properties, homeowners sell because they have problems or needs, not to make profit so understanding their real motivation through rapport-building allows you to structure creative deals that benefit everyone.
  • Invest in education over everything else. The cost of proper property education should be measured against potential returns, not the price tag; spending £100 to learn nothing is more expensive than £10,000 that enables profitable deals.
  • Stop making excuses about time and money, people who claim they have no time for property somehow find time for TV; those who say they can't afford education are really saying they can't afford to make money.
  • Challenge banks and know your rights. Banks often refuse reasonable requests like interest-only payments or allowing tenants, but they have a legal duty under FSA guidelines to explore all options before repossession, creating opportunities for informed investors.

 

BEST MOMENTS

"If someone gives you 1 million pounds to play with, you don't have to be creative. As long as you don't waste it, you still make money. But 99% of investors like me started with property on the side."

"I don't have the time for property, but you do have time for TV? Doesn't quite add up, does it?"

"I'll make an offer you can't refuse. Don't worry, there's no head of a horse involved."

"Either you're a sheep like everybody else and you will stay a sheep like everybody else, or you try to do something and tomorrow you're no longer a sheep."

 

VALUABLE RESOURCES

MSOPI – Multiple Streams of Income:

https://www.progressiveproperty.co.uk

https://kevinmcdonnell.co.uk

ABOUT THE HOST

Sean Fitzpatrick is a property investor, educator, and the Face of Progressive Property. With a 6-figure portfolio and expertise in creative strategies, finance, and off-market deals, Sean shares success stories from the Progressive Property community, expert insights, and real-world strategies to help investors succeed. Tune in for practical tips and no-nonsense advice to accelerate your property journey.

 

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

 

This Podcast has been brought to you by Disruptive Mediahttps://disruptivemedia.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

  • 4.7
  • 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

48 Listeners

The Meaningful Money Personal Finance Podcast by Pete Matthew

The Meaningful Money Personal Finance Podcast

81 Listeners

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

The Property Podcast

63 Listeners

The Money To The Masses Podcast by Damien Fahy

The Money To The Masses Podcast

11 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

6 Listeners

This is Money Podcast by This is Money

This is Money Podcast

42 Listeners

Disruptors by Rob Moore

Disruptors

122 Listeners

Mark My Words Podcast by Mark Homer

Mark My Words Podcast

2 Listeners

Cash Chats UK Money & Personal Finance podcast by Andy Webb

Cash Chats UK Money & Personal Finance podcast

6 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

Which? by Which?

Which?

13 Listeners

Property Magic Podcast by Simon Zutshi

Property Magic Podcast

3 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

5 Listeners

Making Money by Damien Jordan & Timeyin Akerele from Most

Making Money

11 Listeners

Property Investors Podcast by Russell Leeds and Anna Leeds

Property Investors Podcast

0 Listeners