245 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

    • Business
    • 4.6 • 179 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.

    How I Started My Service Accommodation Property Business

    How I Started My Service Accommodation Property Business

    Today Kevin has two very special guests, Vito and Daniella a father and daughter duo, who reveal all about their property journey!

     

    They talk about how they got started, especially the value they found from attending Progressive courses and being mentored. They also discuss mindset, the tips that worked for them, the great success they have already had and their big plans for the future.

     

    KEY TAKEAWAYS

     
    Vito was an estate agent for 25 years including having his own practice for 17 of those them. He sold his business and after attending his first progressive course decided to start his own property business. Daniella has a background in the hospitality industry which she then decided to use alongside her Dad Vito’s expertise to form a super family duo in the property world!


    Having such an extensive background in the estate agency world, Vito expected to really know all about property. But after attending a progressive event in 2020 he was amazed at the things he learnt, it truly opened his mind and kick started his next steps, including further courses and mentoring with the progressive family.


    Vito and Daniella discussed various property strategies and decided to go down the serviced accommodation route. Daniella had a wealth of experience so although she was hesitant at first, she ultimately decided to utilise her knowledge and agreed on this way forward with her Dad Vito.


    When speaking to agents, be yourself, tell them what your goals are and be transparent. Let them understand what you are trying to achieve and the deals will come. You will get no’s, but you only need a few yes’s for success!


    As with any business, working relationships are key. Always bear this in mind when speaking to people for the first time. Even if you don’t strike a deal the first time, they might have what you are looking for down the line. You want to be the first person in their mind when they see something that would work for you.


    The business is already in profit, how many other business ventures would you expect to be making a profit so early on in the journey? It’s incredible.


    Vito and Daniella are now focusing on serviced accommodation management, finding investors and growing as much as they can. They have big plans for the future including bringing in aspects from the hotel industry into SA accommodation, such as loyalty schemes.


    Vito says one of his biggest challenges before starting this venture was mindset, this as well as the vast knowledge and education he got from attending progressive courses and being mentored was invaluable. He attributes a lot of his success down to working with progressive.

     

     

     BEST MOMENTS

     

    “I was always on the other side”

     

    “The stars aligned and we decided to work together”

     

    “Every mentor we spoke to said you’ve got the education but you have to take the actions”

     

    “You really have to push yourself”

     

    “We couldn’t have started what we have without progressive”

     

     

     

    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/

    See omnystudio.com/listener for privacy information.

    My Worst Ever Property Deal!

    My Worst Ever Property Deal!

    If you’re looking to get your property questions answered, then you have come to the right place. Join property expert Kevin as he answers all your burning questions and offers invaluable property information to those of you that need it. Today, Kevin discusses what to look for in a property, how to make property work in your local area and how to legally reduce your tax bill.

     

    KEY TAKEAWAYS
    Everyone wants to invest somewhere else, they all believe that the grass is greener somewhere else. The reality is that property works where you are. Single let or buy to let may not work but there are strategies that will.

     
    As property investors you are looking for value. There are strategies that work in every area. If you are in an area where there are only expensive properties, don’t panic as this usually means that the rental value of the room or property is higher.

     
    Professional property investors possess the ability to make money in any market. The market may be going up, staying the same or going down and professionals will still be able to make money because they are buying value.

     
    Property is a business and the bigger the business, the higher the tax bill. Do not worry about large tax bills as long as you have large profits too. When you are making money you need to contact a tax specialist who can help you reduce your tax bill in a legal way. There are many things you can offset as tax that you do not yet realise.

     
    If you are running properties as serviced accommodation, section 24 does not apply to you. Meaning you can offset part of your mortgage as well as also applying for ‘capital allowances’. Capital allowances is tax free money up to a certain amount of the property value.

     

     BEST MOMENTS

    “Cheap does not necessarily mean valuable, cheap means cheap.”

    “A phenomenal strategy in an expensive area.”

    “It is about understanding business and property is a business.”

    “If I am paying £1million a year tax, then how much money am I making?”

     

    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/

    See omnystudio.com/listener for privacy information.

    How We Became Property Developers

    How We Became Property Developers

    The property industry is booming and there has never been a better time to invest than now. Kevin is joined by Mary and Andrew who share their story of how they managed to build up a hugely successful property business whilst working their full time jobs as Architects. Together they discuss how to handle your first deal, how anyone with a full time job can build their property business if they learn how to maximise their time and why networking events are vital to building your property business.

     

    KEY TAKEAWAYS
    Rent to serviced accommodation is where you take control of somebody else's property and you give them either a guaranteed rent or a profit share on that yield. You then run the property on either a HMO (House of multiple occupancy) basis, single let basis or a single let basis.

     
    The first deal is going to be the hardest one you will ever have to do. You have to be on point. It may take a lot of perseverance to secure your first deal. As soon as you get your first deal you may even find that the other deals come rolling in. You have to open the door and as soon as you open that door, you become more confident about selling yourself and your brand.

     
    Anyone with a full time job can absolutely get into property at the same time. There has to be some understanding that it may not be as quick as if you were full time into property. All you should focus on is doing one thing everyday that moves the business forward. As long as you have done that you are a step further ahead than you were before.

     
    Getting into property whilst maintaining a full time job does not mean that you have to put in copious amounts of hours every day. Learn how to maximise your time, perhaps by focusing on your property business in your lunch break or maybe being more effective in your day job so that you can free up more time to visit estate agents or push your property business forward.

     
    Property is not easy and there is a lot to learn and a lot to systemise. Start to systematise a lot of what you do look into hiring a VA who can do a lot of your day to day admin or property management work. Try to ensure that your key focus is on things that only you can do that you can do in your spare time.

     
    Quite often it is the people you meet that are the most important. Never underestimate who you meet or where you meet them. Sometimes relationships take time to build throughout your property career you should continue to make new relationships and grow them.

     

    BEST MOMENTS

    “It took a lot of perseverance.”

    “You’ve got to believe  in yourself.”

    “It is not about slogging five hours every night, it is about finding that one thing you can do and maximising your time.”

    “We knew that there is always a different way and if you are confident enough you can go and do something else.”

     

    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/

    See omnystudio.com/listener for privacy information.

    Rob Moore: How to Raise Money For Property Investments

    Rob Moore: How to Raise Money For Property Investments

    Are you looking for a joint venture partner but don’t know where to start? Join Rob as he delivers his 7 step tried and tested model for raising finance and finding JV partners. Rob discusses where you need to go in order to network and meet possible JV partners, why it is imperative that you always believe in yourself and the difference between fair and unfair exchange.

     

    KEY TAKEAWAYS

     
    The better the deal, the more likely it is that the money will find its way to you. You need to go to the places where the money is. You have to go where the money is and go to the high end venues. This step is a continual thing,

     
    Connect with people and get their contact information. A big mistake people often make is by pitching people straight away, that is a mistake (unless it is a pitch environment). The goal is always to connect with someone because you want to build a relationship with someone outside of the environment that you met them.   

     
    If you don’t believe in yourself why should anyone else? There are two ways to get belief in yourself: Experience and your self belief. Even though you may have some reservations about things going wrong, always know that if this happens, you will do your best to fix it. As long as you know that about yourself, you can go in and get a deal done.

     
    Fair exchange is the balance between fair service and fair profit, it is the balance between the fair division of roles and responsibility, If you charge too much and deliver too little that is unfair exchange. If you have ever felt that people have been taking too much from you for what you are being paid, that is an unfair exchange and the way to get rid of that emotion is to charge more.

     
    The way you should always try and get to the discussion about money and potential deals is to get them to make the first move. It may be a little bit of ‘financial flirting’ by trying to talk about potential deals you have lined up. Try your best not to go in and instantly talk about business, try to make them come to you. Usually you can gently move the conversation towards property and business in order for them to make a move.

     

     

    BEST MOMENTS

    “Nobody wants to be pitched to at a golf club or a flying club, that is where you meet them.”

    “Whatever you think he saw in me, you have in you.”

    “The biggest barrier is believing you can do it.”

    VALUABLE RESOURCES

    https://robmoore.com/

    bit.ly/Robsupporter

    https://robmoore.com/podbooks

     

     

    ABOUT THE HOST

    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

    See omnystudio.com/listener for privacy information.

    • 34 min
    How I Became a HMO Property Investor

    How I Became a HMO Property Investor

    The property industry is booming in the UK and there is no better time to start investing than today. Kevin is joined by yet another one of Progressive Property’s success stories Sam, who has gone from strength to strength in the HMO area of property investing. Together they discuss finding the right refurb team, investment opportunities and why investing on your doorstep is beneficial.

     

    KEY TAKEAWAYS

     
    If you are starting out in property and looking to create a reliable refurb team, a great tip would is to always ensure you are open and honest with people. If you do not like something, don’t be afraid to say. When you are starting a refurb always make sure you get some good quotes from experts, don’t go for the cheapest.

     
    You need to find a professional building company rather than a ‘cash in hand’ or ‘day rate’ kind of builder. Whilst they may initially seem cheaper you may find that the invoices keep appearing and the costs begin to add up.

     
    There seems to be a really good scope in turning properties further away from town into HMO’s, tenant the properties and then selling them on. There are quite a lot of out of town investors paying top end prices for tenanted properties.

     
    People seem to be paying over the odds for student properties close to university campus’. The issue with student properties is that they have to be ready by January as this is when term time begins.

     
    There is always a property technique that will work on your doorstep, whether that be student accomoddation/HMO’s, flipping properties or rent to rent. It is highly recommended to invest close to home as it makes it easier and quicker for you to attend to the property whenever you need to do so.

     

    BEST MOMENTS

    “If it smells bad, that's the smell of cash.”

    “Work with good builders, clear prices and clear structure.”

    “I’d rather do something on my doorstep.”

     

    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/

     

    See omnystudio.com/listener for privacy information.

    • 19 min
    How I Build My Property Empire With Gavin Gallagher

    How I Build My Property Empire With Gavin Gallagher

    An inspiring guest joins Kevin today, one who faced many hardships when the 2008 financial crisis hit the property industry. Gavin Gallagher joins Kevin to discuss how he was affected by the recessions, lessons he learned and how he aims to use his story to inspire others of what not to do. Together they discuss trials and tribulations of family businesses, why it is important to not build your identity around your financial success and how the worst advice you can take in property would be ‘go big or go home.’

    KEY TAKEAWAYS

     
    Getting into a family business can be complicated. There is usually a lot of politics involved and it is not always easy. When you are young going into business, you may not realise it but you don’t have a clue how business works.

     
    When you find yourself in a situation where you have success after success you may find yourself getting complacent. You start to forget that it shouldn’t be that easy to make money, you have to have discipline.

     
    If you notice that business is declining, you are likely to go through a phase of complete denial. The biggest mistake you can make is to sit back and weather the storm. You should be acting quickly to rectify the situation, reducing your outgoings and taking cuts. There should come a point where you realise that you need to make adjustments, by this stage the adjustments are going to be painful.

     
    You mustn’t build your identity around financial success. If you run into difficulties, it completely shocks your whole world. If or when business begins to slow down and you find yourself in financial trouble, suddenly all of the material things can get stripped away. If your identity is built on something that cannot be stripped away then it is an awful lot more powerful.

     
    Many people wish to get into property investment but you first need to understand whether or not it is good for you. Check your skillset first before entering the industry. You have to be able to free up the time to be able to follow through with a deal. You have got to have the mindset and a small network of people that will help you add value to properties.

     
    The worst advice you could ever listen to would be in property investment would be “go big or go home”. That is the kind of advice that sinks ships. You have got to be more careful and understand that this is a cyclical market that goes up and down.

     
    Think about the four E’s. Your ego and your emotions are two things that can sink your ship. Your ego can get too big and your emotions can get involved allowing you to get lost in a deal. Then there is the Economy and Events. The economics of today is not necessarily what they’re going to be in a year. Unanticipated events such as Covid-19 has huge effects on the world economy as well as the property industry.

     

    BEST MOMENTS

    “I had what was called ‘normalcy bias.”

    “ When you start making money so quickly you begin to quickly think ‘how can I spend it?’”

    “It was like death by a thousand cuts.”

    “That is a really difficult thing to accept.”

    “Start with the end in mind.”

     

    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/

     

    ABOUT THE GUEST

    Gavin has been a property investor and developer for over twenty years. He has experienced two major recessions and has a feeling we are about to enter a third. Gavin got caught badly in the 2008 Global Financial Crisis and spent the better

    • 44 min

Customer Reviews

4.6 out of 5
179 Ratings

179 Ratings

S podcaster ,

Great knowledge

Great information on property investments. More to the point and relevant than other podcasts on this area that I have been listening to.

Keeps it simple and to the point.

1_Hotchilli ,

Decent Property Podcast

There are good points and bad points to this podcast. Certainly like the general content on here, although I can see why some people dislike the sales pitch. There have been a few episodes where I’ve started listening to the content with a real interest in their solutions, only to be advised that you need to get yourself to a networking event, do a course or subscribe to the YouTube channel and watch some videos. I prefer it when they keep it simple with just good advice. Personally I think Mark Homer is the best at this compared to others. I often skip past the Rob Moore episodes, as Rob seems to get so excited he sounds like he’s shouting down the mic at you. Generally gives me a bit of a headache.

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.

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