177 episodes

The Progressive Property Podcast helps you make smarter property & real estate investments, for leveraged property success & financial freedom, even with little or no money down. Whether you're a buy & hold investor, flipper, deal packager, multi-letter, want to get started, scale up, systemise or create multiple streams of property income, the Progressive Property Podcast will save you time & mistakes & help grow your knowledge, skills, & confidence. No fluff or filler, no ads and deep-dive real life information from real-deal investors who have some of the UKs largest portfolios. Interviews with millionaires, billionaires & successful real life Progressive Property community members will help you build your income generating portfolio in less time. Invest for freedom, choice & profit.

The Progressive Property Podcast Kevin McDonnell

    • Investing
    • 4.7, 161 Ratings

The Progressive Property Podcast helps you make smarter property & real estate investments, for leveraged property success & financial freedom, even with little or no money down. Whether you're a buy & hold investor, flipper, deal packager, multi-letter, want to get started, scale up, systemise or create multiple streams of property income, the Progressive Property Podcast will save you time & mistakes & help grow your knowledge, skills, & confidence. No fluff or filler, no ads and deep-dive real life information from real-deal investors who have some of the UKs largest portfolios. Interviews with millionaires, billionaires & successful real life Progressive Property community members will help you build your income generating portfolio in less time. Invest for freedom, choice & profit.

    Property Market Opportunities (Are You Ready?)

    Property Market Opportunities (Are You Ready?)

    We’re going to begin to see an impact in the property market when mortgage holidays end and there is going to be some phenomenal opportunities coming to the property market in the coming months and you need to position yourself to take advantage of these property opportunities by having the right mindset, negotiation skills and creative property investment strategy. Listen in to hear Kevin share his thoughts, tactics and strategies for what’s predicted to be the biggest retraction in the economies history.

     

    KEY TAKEAWAYS
    The economy will start to see many more people unemployed as the government furlough scheme ends and as a result, people will be struggling to pay their mortgage and therefore will become motivated landlords and sellers bringing about an opportunity for property investors
    In an economy with high unemployment and motivated sellers, you need to be creative in terms of your property strategy. Strategies such as exchange delayed completions, assisted sales, rent2rent and deal packaging are the types of strategies that will give you an advantage when the opportunities arise.
    You need to pound-cost average and surf the wave of the market as prices go down because in 5-7 years time the property market will be higher than it is today. The goal is to purchase a property with positive monthly cash flow on a 5 year fixed rate and by the end of your fixed term the property will have gone down in value and back up again above the price you paid for it.
    There are lots of businesses that will not survive the current economic situation and therefore there is a lot of retail and commercial opportunity with empty buildings. For this, you should consider commercial conversions with permitted development to increase the value and sell it on as part of an assisted sale.
    When negotiating a deal no matter how much experience you have you need to show the owner that you know what you’re doing. There are 6 steps to property negotiation and it starts with building a rapport.

     

    BEST MOMENTS

    “There is a risk that lenders will see the mortgage holiday takers as a risk for additional lenders in the future”

    “There’s no such thing as below market value as you’re purchase price is the value and your aim is to add value by refurbishment.”

    “You cannot time the property market”

    “You cannot wait for the bottom of the market or you will miss the boat”
    “Commercial property will most likely drop more than residential properties”

     

    VALUABLE RESOURCES

    https://www.amazon.co.uk/No-Money-Down-Property-Investing/dp/1909846767

    https://robmoore.com/

    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/
    http://progressiveproperty.co.uk/

    • 21 min
    7 Mentoring Calls

    7 Mentoring Calls

    In this podcast, Kevin talks about some recent coaching calls he has taken, and what the main concerns were from them. From a flaw in a strategy, not finding any deals or even having TOO MANY deals, there is something you can take away from this too. Even in lockdown the property market is moving, and you could be at the front if you know what to do and where to look. Let Kevin guide you through pressing issues that you are having.

     

    Key Takeaways:
    Remortgaging is a great strategy- if you know how to do it right. You have to be able to add value to get a higher value in a remortgage, even if you know that it is worth more than what you paid for it. Many lenders won’t see it the same way- if you paid for it, that is how much it is worth. What did you do to improve it? This is the key to getting a great remortgage rate. Show proof that you have given a property TLC and you could find yourself with a great return!
    Don’t do someone else’s job. Your job is to get the deals- let the solicitors do the paperwork, you don’t have to know the details. Pay your power team on time and well so you can focus on what is most important to you. If you spend time focusing on everyone else you will spend time learning everyone else’s job and it will hold you back. Focus on income generating tasks- pay others well to support you.
    Don’t think there are deals out there? I know you are wrong! How are you going to find the deals? Because so many people think there is nothing that could be done, it has opened a HUGE space for you to take all the deals. you only need to know where to look. Estate agents are still open, they are still taking calls, arranging viewings, still looking to sell. YOU could be the one they sell to (at a great price)
    You don’t need to wait to find the perfect area- all you need is an area that works. Once you are done with your research, don’t wait around scared. if different areas are all coming with good feedback, then just pick one! It’s like trying the pick the perfect strategy, they all work, and you can use them all, but start with one and build up. you don’t have to do the best, just do something that works, because something that works is better than nothing at all!

     

    Best Moments:
    “There is more opportunity out there now then there has been earlier this year or last year”
    “You don’t need to invest in the perfect area- you need to invest in the area that works”
    “Stop procrastinating and start doing- let’s do something that works!”
    “Peoples motivation changes with time, you should always be checking and following up on offers you have made”

     

     

    VALUABLE RESOURCES 

     

    https://www.amazon.co.uk/No-Money-Down-Property-Investing/dp/1909846767 

    https://www.youtube.com/watch?v=o8TZdualhcw 

    https://robmoore.com/ 

     

    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/

    http://progressiveproperty.co.uk/

    • 21 min
    What Actions Can You Take During Lockdown

    What Actions Can You Take During Lockdown

    Many people are stuck right now, thinking that they can’t do anything. that they must wait and look to the future. Kevin is here to show you why that is wrong. we are still only at the start of the year- don’t wait until 2021, we still have 8 months left! Kevin talks about why you shouldn’t wait for lockdown to get lifted, and what you can do while we are all stuck at home. This is the opportunity many investors have been waiting for since 2008, so don’t waste what precious time you have. Act now!

     

    Key Takeaways:
    Just because a door is closed, it doesn’t mean you can’t work. Kevin has his own agency that is still working from home, arranging virtual viewings. You should be doing this now, not waiting. If you have a property to sell, get it up there for investors to see, or if you want to buy, let agents and vendors know you're interested.
    There is a window of opportunity to get rid of properties that are costing them money. Many landlords will feel desperate to bring cashflow back into their properties and will be more willing to accept creative partnerships with you. But if you decide to wait, you will find yourself at the back of the queue with everyone else jumping back into the market.
    You can still send letters to properties that are for sale. You can get to the vendor directly to build a rapport and possibly do a deal. This all comes from learning your area, what is for sale and how many people are looking to buy. Do your research. Know the price of your area. You can do all this research online. you will become credible when you talk to agents.
    Huge opportunity to become educated. Books, online classes, podcasts. Use your time well and you could come out of this lockdown with more knowledge than most investors in your area, giving you a huge advantage in negotiating deals
    Speak to other locals- get to know investors in the area, go on virtual networking events. Or maybe you’ve always wanted to get to know investors in another area? Well now's your chance to do it and find a group to speak to and connect with to share knowledge of your goldmine area.

     

    Best Moments:
    “This is the time for planning, this is the time for action, this is the time to educate yourself”
    “Don’t waste the opportunity you have been asking for”
    “You can attend any network event right now across the country from the comfort of your home”
    “Now is the time to get your ducks in a row, you don’t want to be waiting until after the lockdown is over”

     

    VALUABLE RESOURCES 

    https://www.amazon.co.uk/No-Money-Down-Property-Investing/dp/1909846767 

    https://www.youtube.com/watch?v=o8TZdualhcw 

    https://robmoore.com/ 

     

    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/

    http://progressiveproperty.co.uk/

    • 18 min
    The Funniest Things Tenants Have Done- Stories from my property business

    The Funniest Things Tenants Have Done- Stories from my property business

    A break from the normal for this week, we have a collection of stories from Kevin McDonnell, from his years of working in property. With the amount of experience Kevin has, he has a lot of stories to share with you. From serious issues that needed fixing, to hilarious moments that you almost can’t believe happened (but did!). With everyone stuck wherever in the world you are, it’s time to lighten the mood. What are tenants most likely to steal? What happens when tenants get caught cheating? HOW do they get caught? Listen to find out more!

     

    Key Takeaways:
    There are funny stories from years of property that you can learn from- Kevin has seen a lot in his years of working in property. Here are some of the very interesting stories he has to tell. They say you learn from experience, so use kevin’s before learning the hard way yourself!
    What do tenants like to steal?TV’s? Furniture?- You have to be aware of what tenants who move out are moving out with! In HMO’s especially, things can easily go missing. Make sure you keep an up to date record of everything you have in the property, not just for yourself, but for the happiness of all the other tenants still living there.
    Health and safety, how to protect yourself from incidents- Sometimes bad things happen, and people get hurt. Apart from making sure everyone is ok, you need to make sure all evidence is collected to present a case if anything were to be reported.
    What do you do for accusations of stealing? With more people living together comes more issues, and unfortunately so does accusations of stealing. Everything from food going missing to credit cards, dealing with these situations in a timely manner are important to keep all tenants happy.

     

    Best Moments:
    “They stole part of my kitchen to make a makeshift wardrobe”
    “They put frozen peas in the thermostat to reduce the temperature of the house”
    “He caught the tenant cheating through google maps and was so ready to move on he handed it back to me despite already paying”
    “Make sure if you have HMO’s properties… that it’s health and safety safe”
    “When they moved out, they left the cat”[1]

     

     

    VALUABLE RESOURCES 

    https://www.amazon.co.uk/No-Money-Down-Property-Investing/dp/1909846767 

    https://www.youtube.com/watch?v=o8TZdualhcw 

    https://robmoore.com/  [2] 

     

    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/

    http://progressiveproperty.co.uk/

     

     

     

    These are some corkers, but I don't know if it's suitable!

     

    taken from other shownotes, if not correct let me know!

    • 17 min
    Government Schemes & Benefits During The Pandemic

    Government Schemes & Benefits During The Pandemic

    DESCRIPTION
    Mark is joined by finance expert Shaz Nawaz where they discuss the benefits of the government's latest scheme to help people during the pandemic. They cover topics from Furlough to repayment holidays, the rights of the employer and the employee and discuss how local governments are dealing with COVID-19. Now is a perfect time to sort out your finances and save money. Tune in to find out more.


    KEY TAKEAWAYS:
    Previously an employee has to have been off work for 4 days to claim statutory sick pay, however, what the government has decided to do is reimburse the employer for the first two weeks of sickness. The employee can continue to claim themselves for up to 28 weeks.


    The government furlough scheme is allowing companies to claim their employee’s salaries from the government, they will pay up to 80% of a salary with a limit of 2500 pounds back, as well as claiming National insurance and the 3% pension schemes.


    If you have monies owed on a credit card during this period, there are repayment holidays for up to three months available as well as on general loan repayments. Overdraft and overdraft interest fees waived up to 500 pounds, many banks are automatically waiving these fees. If you don’t have an overdraft you can apply for one up to 500 pounds.


    Local governments are advising that the impact of COVID-19 will last approximately 12 months. However this does not mean there will be a lockdown until then, this should be lifted in May or June starting off by opening schools and small businesses and gradually increasing events whilst implementing social distancing measures, all the while monitoring public health.


    Investing in bonds is a secure place for your money. Bonds are loans issued by governments. The UK government issues something called guilts which are bonds that you make to the UK government which attract a very low rate of interest, sometimes negative. In terms of security and getting your money back, they are about as good as it gets because the UK government is an issuer of its own currency, meaning it in theory cant go bust.

     

    BEST MOMENTS

    “It is really important for people to be focused on their finances like they are looking after their personal health”

    “In terms of getting back to normal, we won't be getting back to normal like we were in March, until next March”

    “This is going to continue beyond the lockdown period”

     

    ABOUT THE HOST

     

    Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, and co-authoring the UK’s best-selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined.

     

    CONTACT METHOD

     

    Email: Markhomer@progressiveproperty.co.uk

    LinkedIn: https://www.linkedin.com/in/markhomer1

    Facebook: https://www.facebook.com/markprogressive

    Twitter: https://twitter.com/markprogressive

     

    ABOUT THE GUEST

    Shaz Nawaz, is a chattered account tax advisor and industry expert whose knowledge has often been featured in well-established national publications, and he insists on ensuring that his team is just as dedicated to the industry as he is. Shaz believes in motivating you to do better for your business as well as your finances.

    • 55 min
    You Can’t Leverage Shares; Property Investing With Kyran Bracken

    You Can’t Leverage Shares; Property Investing With Kyran Bracken

    Welcome to Progressive Property Podcast!

    On today’s episode,Kevin is interviewing Kyran Bracken.  A property entrepreneur. Former rugby world cup winner and now expert property investor. The fellow Irishmen discuss what property they have, what the 2008 crash was like and did to their business, and what they are planning to do in the near and distant future.

    KEY TAKEAWAYS
    Kyran started out down the path of becoming a lawyer, but realised the money he made in 2 years from his first property purchase than he was making in his career. This only spurred him on to do more. In the end he leveraged his own home to invest.
    He got caught in the 2008 crash, and Ireland was hit bad. But he worked hard to find ways to work around issues - you have to find what works for you. Nowadays, he’s come back and made enough money to have a decent asset base for supporting his family and to have a steady pension.
    Cashflow is worth more than equity- You don't have to work in a job and still have a constant money stream. Equity won’t pay your bills.
    Stocks and Shares vs property- You can’t leverage shares. You can buy 4x more investments for the same price by leveraging other people's money.You can’t do that in stocks and shares
    Look for gaps in the market- Kyran realised there was a gap in the market for building timber houses, which were popular over in ireland. Now he builds 200 a year with little competition.
    Adding value-Kevin’s rule is to always look to find a property where you can add value and sell it on for more or get a higher rent. No matter if it is single let or HMO, this always applies. You aren't going to get great returns in 6 months anymore - you have to put the value in yourself.
    Tax- you are going to pay tax anyway, don't use taxes as an excuse to stay in a JOB! You are always going to have to pay tax, you just don’t see it when stuck in a job. Plus, with your own company, you can have tax deductible expenses.
    Lease options- A gold standard strategy. Low risk, high return. Options could actually be better than buying. There's no completion, no fees, and you could earn a profit for finding a buyer. You could earn 6 figures on options alone. The upside compared to risk is huge.
    JV- how you can use other people's money to maximise your investing. Joint ventures work on any strategy, and you can minimise any risk.
    Mindset- mindset in business is everything. It is about being knowledgeable and calculated in what you do and understanding what you are doing. Don’t get mindset mixed up with enthusiasm and stupidity, that will cost you over time.- the more knowledge you have, the more confidence you have
    Understand the trends in markets- is a property overpriced? Where abouts in the country is property underpriced? What do buyers want to buy? What government schemes are going on that could affect house prices, such as HS2? What do you think will happen in the next 10 years? Do you know your local area?

     

    BEST MOMENTS
    “You are always paying tax, in a job you just don’t see it”
    “When you fall down, maybe there was something there for you to find”
    “Everything you do in life is a bet”

     

    VALUABLE RESOURCES
    Progressive Property Podcast (https://www.progressiveproperty.co.uk/podcast/)
    Rob Moore’s Start Now Get Perfect Later (Book) (https://www.amazon.com/Start-Now-Get-Perfect-Later/dp/1473685435)

    ABOUT THE HOST

    Rob Moore is a 5x best-selling author, a public speaker, an entrepreneur, property investor and a Guinness World record holder among others. He is the co-founder of the Progressive Property and the mastermind of ‘The Disruptive Entrepreneur’ and ‘Money’ podcasts.

    CONTACT METHOD
    Website (http://www.robmoore.com/)
    Facebook https://www.facebook.com/robmooreprogressive/)
    Twitter (https://twitter.com/https://twitter.com/robprogressive)

    • 48 min

Customer Reviews

4.7 out of 5
161 Ratings

161 Ratings

Damp Sam ,

Damp Sam

Any podcast that gets you wanting to buy property and gets you on the ladder of finding the information is good.
These guys will point you in the right direction for free and if you want help they have the templates and classes to buy.
They are a well established brand, i have been on the free courses even though I already am on the investing ladder because I like to keep on learning. The speakers are charismatic and interesting.
Investing in yourself is priceless so when it’s free grab it with both hands.

1chalkie2 ,

Designed to sell you courses

This is another progressive property sales funnel. All designed to sell courses you don’t need. Gets even worse when Rob Moore comes on. Never has some said so much to say so little.

Ayman Abd-Elaziz ,

Very clear and concise

Simon does a very good job at keeping his podcasts short, simple and straight to the point. This podcast is my go to listen whenever I am in the car; an excellent podcast with fantastic context which I would recommend to anyone

Great work Simon.

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