1 hr 30 min
Deep Dive with Mark Homer - The UK's Top Property Investor Back2Business Podcast
-
- Marketing
Welcome to the Back2Business podcast with Kurt Wilson (Entrepreneur, Internet Veteran and Property Investor) and Di Forster (Entrepreneur, Property Investor and Mum with exceptional grit). This insightful and informative show is perfect for time-poor entrepreneurs looking to start, grow and scale their business and with jam-packed episodes and fascinating stories filled with actionable advice, the Back2Business podcast is here to help you take your business venture to the next level.
In today’s episode, Kurt and Di are joined by one of the UK’s top property experts and co-founder of the UK’s largest property training business, Mark Homer. Together they discuss what it takes to be successful in property, which investment strategies can turn property into profit, and some important lessons and property market prediction.
KEY TAKEAWAYS
Delayed gratification is about building assets for income streams, equity and making money for the future. Save a pound today and that will be worth so much more in the years to come.
If you decide it is time to take out a credit card you absolutely must set up a direct debit to ensure the full amount is paid every month, this is non-negotiable. If you find it hard to keep track, make weekly payments. This has to be the way forward so that you can learn financial discipline.
There are many common mistakes people repeatedly make when getting into property. One of them being ‘shiny penny syndrome’ this meaning that they do too many strategies not very well. It is wise to start small so that you can get experience and understand where all the risks and control points are.
We are taxed on everything in the UK but there is no capital gains tax on owning your own property. Capital growth has got to be around 5% a year, with that being said by getting a fixed 2-3% rate on a mortgage for your home, you will essentially live in your house for free or even make money on it.
These are the times where the rubber meets the road. Residential is generally less risky and in the last recession, commercial was hit harder, however, next time it may be another industry affected. The next recession will not be like this one and different businesses get affected in different ways. You don’t know what will cause the next recession so now may be the time to diversify into other tenant types.
Many people will have goals they wish to achieve but rather than cracking on with it, will procrastinate. It is important to have the ‘start now get perfect later’ mentality. As you progress you will instinctively see more risks and problems. Start small and therefore the risks are going to be smaller.
BEST MOMENTS
"Champagne lifestyle for lemonade money"
“My home doesn't cost me anything.”
“Am I going to be out of stock with property? No.”
“Everything just suddenly came together.”
“These are the times where the rubber meets the road.”
.. 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
KURT@ADVANSYS.CO.UK
DIANE@ADVANSYS.CO.UK
CONTACT INFO
https://instagram.com/kurtwilson.ukhttps://instagram.com/diforster.ukhttps://instagram.com/advansys.ukhttps://www.youtube.com/c/diforster
https://www.advansys.comhttps://promote.agencyhttps://back2business.show
kurt@advansys.co.ukdiane@advansys.co.uk
https://join
Welcome to the Back2Business podcast with Kurt Wilson (Entrepreneur, Internet Veteran and Property Investor) and Di Forster (Entrepreneur, Property Investor and Mum with exceptional grit). This insightful and informative show is perfect for time-poor entrepreneurs looking to start, grow and scale their business and with jam-packed episodes and fascinating stories filled with actionable advice, the Back2Business podcast is here to help you take your business venture to the next level.
In today’s episode, Kurt and Di are joined by one of the UK’s top property experts and co-founder of the UK’s largest property training business, Mark Homer. Together they discuss what it takes to be successful in property, which investment strategies can turn property into profit, and some important lessons and property market prediction.
KEY TAKEAWAYS
Delayed gratification is about building assets for income streams, equity and making money for the future. Save a pound today and that will be worth so much more in the years to come.
If you decide it is time to take out a credit card you absolutely must set up a direct debit to ensure the full amount is paid every month, this is non-negotiable. If you find it hard to keep track, make weekly payments. This has to be the way forward so that you can learn financial discipline.
There are many common mistakes people repeatedly make when getting into property. One of them being ‘shiny penny syndrome’ this meaning that they do too many strategies not very well. It is wise to start small so that you can get experience and understand where all the risks and control points are.
We are taxed on everything in the UK but there is no capital gains tax on owning your own property. Capital growth has got to be around 5% a year, with that being said by getting a fixed 2-3% rate on a mortgage for your home, you will essentially live in your house for free or even make money on it.
These are the times where the rubber meets the road. Residential is generally less risky and in the last recession, commercial was hit harder, however, next time it may be another industry affected. The next recession will not be like this one and different businesses get affected in different ways. You don’t know what will cause the next recession so now may be the time to diversify into other tenant types.
Many people will have goals they wish to achieve but rather than cracking on with it, will procrastinate. It is important to have the ‘start now get perfect later’ mentality. As you progress you will instinctively see more risks and problems. Start small and therefore the risks are going to be smaller.
BEST MOMENTS
"Champagne lifestyle for lemonade money"
“My home doesn't cost me anything.”
“Am I going to be out of stock with property? No.”
“Everything just suddenly came together.”
“These are the times where the rubber meets the road.”
.. 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
KURT@ADVANSYS.CO.UK
DIANE@ADVANSYS.CO.UK
CONTACT INFO
https://instagram.com/kurtwilson.ukhttps://instagram.com/diforster.ukhttps://instagram.com/advansys.ukhttps://www.youtube.com/c/diforster
https://www.advansys.comhttps://promote.agencyhttps://back2business.show
kurt@advansys.co.ukdiane@advansys.co.uk
https://join
1 hr 30 min