Mark My Words Podcast

In this informative and frank episode, Mark talks about the current Sterling ‘crisis', he also explores what may happen when furlough ends and the wider economic impact this will have on the country.   KEY TAKEAWAYS   Stagflation is when you have low growth and high inflation. This is what has been suggested will happen next, not helped by all the recently gloomy headlines around supply of materials, products and lack of workforce. The bank of England expects inflation to drop once the supply issues are solved but many markets are not convinced in the short and medium term. There were a lot of rumours that unemployment would rise to unseen numbers when furlough ended, but so far this hasn't happened. There is a lot of demand for people in various sectors due to Brexit so there appears to be plenty of jobs out there right now. Furlough was very specific, it was designed to support industries that would otherwise be doing well if it was not for the pandemic. In the future, if unemployment is due to the economy then it should be allowed to naturally end. BEST MOMENTS “Demand being as it is, this is clearly going to increase prices” “Was the furlough scheme a good thing?”   VALUABLE RESOURCES https://www.youtube.com/user/progressivepropertyhttps://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. 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 See omnystudio.com/listener for privacy information.

Are you an entrepreneur out there who wants to know and invest in liquid assets like wine and see huge returns on your investment? In today's episode of Mark My Words, Mark and innovative entrepreneur and investor Daniel Gurr discuss in detail the opportunities in wine investment, how to store your wine to avoid damage, the benefits of investing in wine over other investments and why now is as good a time as any to begin to invest liquid assets. KEY TAKEAWAYS Financial markets and how the traditional remit of investments have changed over the past decade. That's due to financial market volatility and of course, the environments of record-low interest rates we find ourselves in, so traditional investors are starting to look outside the mainstream box and adopt strategies within alternative asset classes. Fine wine has characteristics which enable the markets to have a very low correlation to other financial markets. With, of course, the trajectory of the market over the past 10 years, we've got consistency, of course, with the market being demanded by the higher echelons, which is increasing year by year is a good time to invest into the asset class itself. You might come into the market and ask how is the price going to keep on going up in value? The fine wine market has two very unique characteristics. It has an ever-increasing demand because of course, it's a consumable asset, but it's also an asset that increases its quality over some time. So straight away what we've got here is a market that's got finite supply, ever-increasing demand because the wine is maturing, but it's also got an ever-decreasing supply. The best thing about fine wine is that it works off a compound interest formula. It's interest upon interest upon interest. So in your first year from that asset, you might see eight to 10% but come that second year, the circulation is decreasing. All of the client's wine is stored and insured and as long as it's stored in HMRC regulated facility, the wine will stay in that bonded warehouse for remaining of its life. So, therefore, duty and capital gains tax are not applicable. If you had two investors that wanted to come up to you and invest into property, one was a complete novice and never invested into a property before, you're probably not going to introduce them to an HMO or commercial conversion, whereas if you've got someone that has been in property, they've got a background in property, you would introduce them to something different, and that's the same for wine. They can sort of diversify and get into the slightly riskier stuff and make higher returns once their knowledge grows. Red wine is at the core of investment, what about white wine investment? That is more so into a specialist market. What we advise clients is we look at the red wine because of course, with regards to that it all comes back to history and with ourselves, if we're putting our name to what we're suggesting you as you can appreciate, we have to know the full corporate background of that particular wine and it's not to say white wines don't go up in value but of course, they don't have the history and they don't have the corporate background to what red wine has. Where and how do you store wine? There are a few storage facilities in the UK. They're HMRC regulated facility. They're holding it 13 degrees here, away from sunlight, away from the vibration. If you're going to store wine yourself, it has to be stored at the right temperature. As long as you keep red wine at a consistent temperature, because if you've got the uncertainty affecting that wine, that there will be an effect there. There are different subsidiaries, you've got Octavian, you've got LTB and you've got AHD just to name a few, but I'd be phoning them and asking them how this business is? How long have you been working with that particular company? Would you say they're credible? And get their opinion. Also ask the question, "Do you have a wine that you're trading to me? Is this currently in your account?" Or are they taking your funds and then going out to source the stock. Why is wine better or not better than other physical assets? The direct answer to that is fine wine has characteristics that other collectables and other alternative investments don't have and that would be fine wine matures as time goes on. So it has an ever-increasing demand, but because it's a consumable asset, there will be a time where the availability of that wine is going to run out. BEST MOMENTS “Bullshit baffles brain.” “The quality of the wine improves over time as it gets older unlike a watch or a car.” “As people drink it, there is less of it, therefore; the supply side and the demand side should become more favourable over time pushing the price up.” “I believe fine wine is a great way to insulate your wealth when there is economic uncertainty and even more so than gold.” “Fine wine is inverse to cyclical trends and cyclical trends being traditional re-investments.” VALUABLE RESOURCES Book called Investing Into Liquid Assets ABOUT THE GUEST Daniel Gurr is an entrepreneur helping people reach their financial objectives by creating innovative and exciting strategies. Daniel is one of the portfolio advisers and has been with Elite Fine Wine for 3 years after transferring from a wine merchant in Australia over to the UK. Daniel has been instrumental in the accelerated growth of Elite over the past 2 years and played a key role in the development of some of our more junior team members. CONTACT METHOD LinkedIn: https://www.linkedin.com/in/daniel-gurr-665b6014a/?originalSubdomain=uk  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 See omnystudio.com/listener for privacy information.

A great session with Mark where he answers some interesting and engaging questions around his current projects, his life in an alternative universe and even his dream car! KEY TAKEAWAYS Mark has had plenty of issues with his current aspect building project, but he is aware this isn't unusual for a project and development of this size. Three/two bed terraced houses in not the ‘best' but also not the ‘worst' areas is always a good way to find a first property with good yield. So far there has not been a property crash, in the short term the risk from coronavirus seems to have faded away, helped massively by many of the government schemes. Other than property, Mark would invest in gold, watches and bitcoin; but always being risk averse and only putting a small percentage in. Have various multiple income streams, across different (but related) businesses to help you diversify your income and protect yourself from disruptions. BEST MOMENTS “If you buy the right watches that are controlled in their supply they can be a good investment” “Hi Mark, your books are better than Rob Moore's!” “Inflation erodes the real value of your mortgage”   VALUABLE RESOURCES https://www.youtube.com/user/progressivepropertyhttps://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. 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 See omnystudio.com/listener for privacy information.

A great session with Mark where he delves deep in why contact hiring cars was one of the best decisions he made and why it can work for you.   KEY TAKEAWAYS   Mark figured out that contract hiring cars may be a better option for him and his business. He tested this with a business car and now he can't recommend it enough. The benefits outweigh owning a car outright, both financially and in terms of convenience. You can easily access an online search engine that compares all the internet brokers for contract hiring cars which takes out a lot of the effort of finding the right option for you/your business. Timing can get you a great deal. March and September in the UK is when number-plates change, dealerships and manufacturers have targets to meet so February and August are prime times to be looking for a fantastic deal. BEST MOMENTS  “It's a cheap way to access cars” “Champagne car for lemonade money”   VALUABLE RESOURCES http://www.contracthireandleasing.com https://www.youtube.com/user/progressivepropertyhttps://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. 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 See omnystudio.com/listener for privacy information.

In this episode, Mark discusses the current state of the UK economy and the property market. He gives his opinions on interest rates, stock picks and the current situation regarding the "Property Bubble" as well as some predictions on what we can expect as the world recovers from the covid pandemic.  VALUABLE RESOURCES https://www.youtube.com/user/progressivepropertyhttps://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. 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 See omnystudio.com/listener for privacy information.

In this episode of Mark My Words, the roles are reversed as Mark is interviewed by Ellie McKay from the On a Mission Podcast. They talk about Mark's own journey into property and business, Covid and Mark's mission in life.     KEY TAKEAWAYS   Mark grew up in a nice environment, including private schooling and travelled a lot. In Mark's own words, his Dad was “tight beyond belief” and some of this rubbed off on him and helped shape his view of money. Mark's first entrepreneurial venture was when he was just 15, importing cars from the EU and taking advantage of the weak euro at the time. However despite this he still went to university and went onto a graduate scheme afterwards. Mark bumped into Rob Moore at an event, they started talking at the bar and the rest is history! They now own one of the largest property training businesses including a large portfolio of properties and investments. Mark is the co-owner of the leading property training company in the UK. He started learning about what he does himself from a mentor, he then took some courses to learn more but most of his knowledge and expertise has come from him actually doing the work. There has been a lot of mistakes and a lot of trial and error but that is why he is so successful today. Covid has had so many different implications for businesses. For Mark's business, it meant that they literally couldn't operate their events, what they did was suddenly illegal. However, this did mean they had to pivot, and fast and have been running multiple successful live courses online!         BEST MOMENTS   "It's important to control the cost but time is your most valuable commodity” “What is freedom day?” “It's a solution based mindset, don't wish it was easier wish you were better as you can't control this stuff”   VALUABLE RESOURCES https://www.youtube.com/user/progressivepropertyhttps://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. 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 See omnystudio.com/listener for privacy information.

  In this episode of Mark My Words, Mark discusses how an entrepreneurs mindset can be the difference between success and failure. How having the right mindset can make you resilient, adaptable and set you up for a successful and sustainable entrepreneurial journey.     KEY TAKEAWAYS   It's natural to have negative voices and ideas in our minds. They are linked with fear and advise us of danger and risk. Without these thoughts individuals would not be aware of very real danger – they are important for our survival as human beings. Often these voices are not useful to us, we can learn to ignore/tune out negativity that is actually detrimental to us, doing this is one of the ways we can be successful in business and in other areas of our lives too. What voice serves you and your situation best? Almost all of the time this will be something that is positive and provides you with confidence, helping you make better and more strategic decisions.         BEST MOMENTS   "Every entrepreneur will hear doubtful voices from time to time – the only difference is how we deal with them” “I know this can hold me back and it's not great for progression, for development, for creating new businesses”   “Your mindset will drive your success”   VALUABLE RESOURCES https://www.youtube.com/user/progressivepropertyhttps://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. 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 See omnystudio.com/listener for privacy information.

In this episode of Mark My Words, Mark is interviewed by Kurt and Diane on the Back to Business Podcast!   Mark discusses his upbringing, wealth, investments and his own ethos as well as many hints, tips and ideas to be a successful entrepreneur.     KEY TAKEAWAYS   Mark's Dad was always very careful with money and this instilled the belief in Mark that you saved money to make money. This also meant he was taught ‘delayed gratification' which helps him with his future and has helped him build his wealth. Although Mark's Dad was very frugal, the older he got the more he was exposed to how the other half lived, especially when he went to boarding school. This made him want this kind of lifestyle for himself. 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.”     VALUABLE RESOURCES https://www.youtube.com/user/progressivepropertyhttps://www.progressiveproperty.co.uk/the-progressive-co-founders/   ABOUT THE GUESTS ABOUT THE HOSTS Kurt Wilson - Entrepreneur, Internet Veteran and Property Investor with multiple 7 figure businesses and property investments in 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   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. 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 See omnystudio.com/listener for privacy information.

  In this episode of Mark My Words, Mark reacts to Dodgecoin and gives honest answers to Q&A's around investing, buy to let deals and more.   KEY TAKEAWAYS   When looking for property, Mark usually consults with local letting agents to see where he would get the best yield as well as getting the right kind of private tenants. Going for an area in the UK with lower property values but where you can find good tenants is your safest bet at making good profit. Mark is not buying dodgecoin, it's not something he knows much about and he makes a point of never investing in things he doesn't fully understand.     BEST MOMENTS   “I would always go for a higher yielding, lower property value area because I think that keeps you safe”   “Invest for the long term”   VALUABLE RESOURCES https://www.youtube.com/user/progressivepropertyhttps://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. 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 See omnystudio.com/listener for privacy information.

In this episode of Mark My Words, Mark speaks to his accountant, Chris Wilkins. Chris has been Mark’s accountant for 11 years now! Chris talks about property tax, HMRC enquries, property structuring, changes in corporation tax and more.   KEY TAKEAWAYS   The thing that was right at the front of property people’s minds when Chris was last on the podcast was section 24. Now it has had a full effect, mortgage interest for a residential property is not deductible in your rental accounts, it’s a tax reducer. There are a lot of ramifications, especially for those who were on the cusp of the higher rate tax band and those with large portfolios who could easily be paying more in tax than they are making in profit. Being in the know, or having an accountant in the know, around HMRC rules and regulations can save you a lot of time, hassle and money. HMRC frequently break their own rules and ask for things you technically don’t have to give them. When buying a property (e.g in your name –vs- creating a limited company) it’s important to find out the tax implications, in both the short and the long term. It could make a significant difference in what you owe. There are many ways you can file accounts at companies house. You can find that something that you did 6 years ago, actually ends up saving you further down the line so you should always file with the future in mind.   BEST MOMENTS   “he’s just an all-round, very clever guy who I have learnt loads from over the years”   “Business isn’t a regulated word”   “They can ask the questions, but you don’t have to answer it”   VALUABLE RESOURCES https://www.youtube.com/user/progressivepropertyhttps://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. 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 See omnystudio.com/listener for privacy information.

  In this episode of Mark My Words, Mark explores the possibility of a property crash coming. And, if it does, what you can do to mitigate your risk, ride it out and come out the other side unscathed.   Mark also gives an update on where the economy is right now, and although he reflects on what has happened in the past and gives ideas and predictions of what may happen, no one actually knows what the future holds.   KEY TAKEAWAYS   In recent weeks and months Mark has seen an increase in demand, and cash, for property in desirable ‘leafy areas’ as well as terraces in his local area. There are a lot of people chasing a lack of desirable properties. The growth bubble we are in at the moment wasn’t entirely predicted, many people expected there to have been a crash by now. It is something that is very difficult to predict, the market hasn’t had to deal with anything like this pandemic before, the parameters are new, vast and different. Furlough is due to end in September, this will be the biggest test to the market. Furlough has become the waiting room for redundancy. If you can find a good deal now, then whatever happens it will be a great thing. Timing at the moment is incredibly hard to predict, but in the long term property that is a really good deal in the current climate is relatively low risk. Most economists are now predicting a post-pandemic boom. People have not been spending their money, there is cash and spending to come.     BEST MOMENTS   “If you’d had George Osborne and Cameron in charge the result might have been different, they may not have supported to the same extent” “They will actually devalue sterling by inflating it...the pound in your pocket is gonna be worth less”   “There are so many little wheels that move…all of this stuff feeds in to create an unpredictable result”   VALUABLE RESOURCES https://www.youtube.com/user/progressivepropertyhttps://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. 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 See omnystudio.com/listener for privacy information.

The COVID-19 has been the perfect example of why you should diversify your investment and property portfolio. If you haven’t already done so, join Mark as he discusses why you need to diversify your portfolio and how. Discover the importance of having multiple income streams, how no two recessions are ever the same and why having different tenant types can help save you from losing everything.   KEY TAKEAWAYS It is really important to focus and be specific about your investments.  Become a specialist in a couple of areas but as time goes on, as you begin to make money and master different strategies you will need to protect your wealth. To do this, you will want to diversify into different areas, spreading your capital ensuring you have multiple income streams.   By having mortgages and real assets such as properties or equities like hares in businesses, as inflation rises so will their value. This is a good hedge to diversity risk and to reduce the risk of inflation eating your capital away.   The Coronavirus pandemic has been the perfect example of why you should diversify. As time has gone on, it has become clear that serviced accommodation in certain areas of the country has suffered greatly. This does not always mean that serviced accommodation will never come back. The next time there is a recession, another industry will be hit. This is why you should always make sure you diversify your assets.   The key is to have different tenant types. Different tenures that may or may not be affected by current world events such as the pandemic, Brexit or the recession. In the future, a new ‘shock to the system’ will come along which you cannot foresee and different industries and property types will be affected. If you have invested in a few different properties and businesses then you are likely to be okay.   If multiple big things happen to you and your business at any one time, then there happens to be a  recession and you are not diversified, then it may end up killing your business and you may go bust. We want to avoid that at all cost.   BEST MOMENTS “Become the best at just a few small things.” “I always like a minimum of four income streams.” “Is this going to go on into the future? No..” “We have had a deep recession and we are in one now.” VALUABLE RESOURCES https://www.youtube.com/user/progressivepropertyhttps://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. 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 See omnystudio.com/listener for privacy information.

The famous saying ‘save the best for last’ rings true today as Mark and Rob are back with the final instalment of their investment series. In today's podcast discover how even if you have no disposable money, you can still make worthwhile investments which can set you on your journey to success. Mark andRob discuss the benefits of a JV partnership, how to find long lasting investment partnerships and how to secure loans.   KEY TAKEAWAYS   One way to get into property investments without deposits is by agreeing a deal with the owner, exchange contracts and complete the deal in ten years time. Similarly you could do a rent to rent with an option to purchase. You could also turn the property into a serviced accommodation, where you rent the property by the night and you end up taking the differential layer. The big area where many people start with little or no money in property is within a joint venture (JV) partnership. You bring somebody in who has the money and combine that with your experience and you can find your property deals together. It is possible to do ‘no money down’, whilst there may be periffable costs such as legal fees, these could be rolled into the JV deal that you do with the person who's financing the deal. If you get a loan, make sure those periffable costs are included in the loan. Being creative, innovative and resourceful are all ways that you can bypass needing cash. If you can learn to leverage some of the tools and the tricks that you have learnt, you can also bypass having to hire a large workforce. The easiest way to structure a JV partnership is to have someone put all the money in without a mortgage (this is easier and quicker) and then someone else does all the work. This is the easiest way to split it down the line. There are a lot of people who want to be hands off investors and JV with experienced people. Join all the social media groups, get seen and known on all social media platforms as this is the modern form of  physical networking. Start a podcast and interview people who you know have money to help build up your contacts list.   BEST MOMENTS “If you can provide value to people as an individual you will be rewarded for that.” “Essentially you are going into a deal with none of your own money.” “The reality is, everyone that has had a brilliant mentor will say that it wasn't one or two things it was 1000 tiny little things that they taught me.”   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   BEST MOMENTS “The world is in a completely different place. We don’t know when this ends.” “When the next recession comes along we do not know what is going to cause it. This one was caused by a virus and the previous one was caused by a banking crisis.” “Buy what the heck you know about.” “Over time try and diversify into a few use classes in property.” “All of those could be good, all of those could be rubbish.”   VALUABLE RESOURCES https://www.youtube.com/user/progressivepropertyhttps://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. 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   See omnystudio.com/listener for privacy information.

In today’s brief episode, Rob reflects on the anniversary of the first lockdown during the Covid-19 pandemic and asks his listeners how it’s been for them? What are your plans moving forward and do you see this as an opportunity? Rob makes his recommendations on great opportunities for your post lockdown. Also, hear about Rob’s latest book  ‘Opportunity – Seize the Day, Win at Life’ and be sure to pre-order your copy. KEY TAKEAWAYS The property market shows no signs of slowing down, it’s still rising. You now have the freedom to view properties again, so get out and start viewing!   Leverage online using Clubhouse and other social media platforms. You can go from local to national to global using Zoom, Gotowebinar, Streamyard and by doing more ‘lives’. Hopefully, you’ve now got the trigger you need to create your communities all over the world.   Consider buying up struggling businesses. Many retail, brick and mortar type businesses have struggled during the pandemic. Also think about a joint venture, joint partner or acquisition opportunities that are out there.   There are lots of opportunities in e-commerce, it’s on the rise. You might think that there’s too much competition out there, but remember the Internet is still very young, just 30 years old.   BEST MOMENTS You can be a global firm, even if you’re a local firm You’ve got to be ready to seize the opportunity There is limitless and infinite opportunity there in the unified field You have to know which opportunities to turn down VALUABLE RESOURCES https://robmoore.com/wp-content/uploads/2021/03/opportunity-copy.png https://www.amazon.co.uk/stores/page/0DFBFDF3-266B-4011-AE53-F71CDC49A05A?channel=robmoorepodcast https://robmoore.com/ bit.ly/Robsupporter     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.

There are two types of investors. Those who cannot time the market, and those that know they can’t. Join Mark today as he discusses why serious investors should not focus on the short term profits their shares can make and why looking long term is more beneficial.  Mark also shares his thoughts on Gamestop, Bitcoin and market predictions.   KEY TAKEAWAYS The internet has changed the way of investment in the sense that it has managed to group people together to help them learn about investment. Platforms like Reddit have created increased, co-ordinated effort from smaller investors who are investing in things on a very short term basis. They are effectively day trading.   When you buy shares you should be looking to have them for at least 5-10 years.  You should aim to invest in something that you believe in and that is fundamentally a good company. This is because, even if the company takes a long time to be viewed as a worthy investment, it is one that you have confidence in and where the market will come to recognise the value of that business.   It is not advisable to invest a lot of your net worth into Bitcoin. This is because it is a very high risk strategy with huge girations. The technology behind Bitcoin is supposedly very secure but it is encrypted. It is not beyond the realms of imagination that Bitcoin could get hacked.   Many of the people that are investing in Bitcoin have a very superficial understanding of it. Nobody can predict whether it is going to go up or down. People are wanting to time a market that is not timeable. There is not an individual who can predict the short term movements of this stuff.   Those who are serious about investing should not focus on the short term movements of stock. They should instead, be focusing on the medium to long term results. Good and clever investors can  make good and informed predictions. There are two types of investors, those who cannot time the market and those who know they can't.   BEST MOMENTS “I didn't realise that Reddit would have this much of an impact.” “There are going to be winners, and there are going to be losers” “There is no intrinsic value, which is not great.”   VALUABLE RESOURCES https://www.youtube.com/user/progressivepropertyhttps:// 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.   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       See omnystudio.com/listener for privacy information.

There have been many predictions of market crashes, recessions and a great depression looming in the next few years and many people have been anxiously awaiting Chancellor Rishi Sunak’s 2021 budget briefing. Join Mark today as he depicts the budget and explains what this means for you. Mark discusses the freeze of the nil rate allowance, the increase of cooperation tax to 25% and the end of the bounceback schemes.   KEY TAKEAWAYS It is going to take a while for the economy to recover. The first thing the chancellor Rishi Sunak has said is that there will be no increase on income tax, national insurance or VAT, however he will freeze the nil rate allowance which typically rises every year. He will also freeze the top tax rate. These strategies are a slightly less visible way of taking the money back, and it does not happen straight away.   Many people thought that the capital gains tax rates would go up however Rishi stayed silent on this matter. Rishi also confirmed that he would not change the inheritance tax allowance and would not change the pension lifetime limit which is £1million.   Unlike reports of corporation tax going up to 23% he is going to raise the rates to 25%. This rise will not be seen until 2023. The current rate is 19% and many people will notice the 6% rise significantly. Smaller companies with less than £50,000 will still pay 19% and inbetween £50,000 and £250,000 you will pay between 19%-25% depending on how much the company makes in that tax year.   At the end of March when the bounceback loans end there is going to be a new loans scheme where the government is going to guarantee 80% of the loan. The business rates holiday will continue until the end of June with a tapered reduction and the 5% reduced rate of VAT is extended until the 30th September with a 12.5% rate until mid next year.   The big news in the property world is the stamp duty holiday extension. This and the 90% mortgage guarantee will support the lower end of the property market. With all the government support it seems less likely that the market will crash.   All the schemes have given consumers a lot of savings to spend, there is a huge amount of money in savings accounts and as the economy opens up, they are going to go and spend that money and there is likely to be some inflation. As inflation picks up, you could see inflation rise by 3%-5%.   BEST MOMENTS “It is probably an even bigger hit since world war 2 with the amount the economy has shrunk.” “That was quite a surprise, in many ways quite dove like, not particularly harsh.” “Loads of people have cash in their pockets.”   VALUABLE RESOURCES https://www.progressiveproperty.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. 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   See omnystudio.com/listener for privacy information.

Join Mark Homer today as he interviews co-founder of award winning investment service Hargreaves Lansdown and majority shareholder of Bristol City FC, Stephen Lansdown CBE. Together they discuss the impact the pandemic has had on the financial market globally, why saving for your future is more important than ever and why people should take an active interest in their personal investments.   KEY TAKEAWAYS There is a lot of value accredited to trail commissions businesses, especially over the last 10-15 years. Company valuations that are based on repeat income seem stronger than those that are taking a one off chunk. If you’re giving a good service then a client will stay loyal to you and you will continue to take that income. The more clients you get the more assets you have got and the more fees you generate.   Governments are so much in debt due to the financial crisis and the pandemic, that you have to make your own precisions which is why saving is so important. Financial services platforms are in a good position to service that market. Healthcare, technology and renewable energy are good investment opportunities for now and the future.   Whilst the timing of it is hard to predict, the reality is there will be inflation at some point. Inflation is needed because that is how assets recover and how we get ourselves out of debt. Cash is not great at the moment and the alternative to that is equity investment which is why the stock market is benefiting massively.   There has always been a herd instinct in investment and many people tend to follow the crowd. You can follow it too far, and that is what makes the market. The market will not go up forever, and it will not go down forever, it will adjust along the way.   A wise way to use your money is to firstly ensure you have a certain amount in cash to meet your short term expenditure so that you are never caught short. Secondly, get some income that gives you a guaranteed return with fixed interest rates. Finally look towards investing in growth and income with either equity or property.   The fixed interest market is more of a property rental market these days. If you can find a good property/properties that can give you a good yield and can ensure you a good, guaranteed income then you can budget accordingly and make further investments along the way.   People should take an active interest in their investments, that is what the platform Hargreaves Lansdown has done for people. It allows people to look at all their investments in one place, to make decisions very quickly and to get information on those investments. You have got to plan for your later life and your family at the earliest possible stage. The stock market and investments markets are the best place to do that.           BEST MOMENTS “It was because other people were stealing our food off the table we decided to beat them at their own game.”   “As long as we give you a good service, as long as we make sure your money is secure and you’re happy and confident in what we’re doing, then you’re going to give us the instructions to do every transaction that you possibly can.”   “The moment of truth arrives as to where all the balls are going to land once the government starts to withdraw stamp duty holiday, furlough, grants and all the rest of it.”   “Everyone makes loads of money until the money stops coming in, and then it falls apart.”   “There is no working together for the common good.”   “They are all the ingredients for a good all around investment attitude.”   ABOUT THE GUEST: Stephen Philip Lansdown CBE is an English-born Guernsey billionaire. He co-founded the British financial services firm Hargreaves Lansdown with Peter Hargreaves. He is a founder of Bristol Sport and majority shareholder of Bristol Bears, Bristol Flyers, and Bristol City Football Club. Lansdown was appointed Commander of the Order of the British Empire (CBE) in the 2017 Birthday Honours for services to business and the community in Bristol.   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 See omnystudio.com/listener for privacy information.   See omnystudio.com/listener for privacy information.

Mark is joined by fellow co-founder of Progressive Property, Disruptive Entrepreneur and Friend Rob Moore, together they discuss how to perfectly invest £1 million. Whether you’re looking to invest in property, hotels, classic cars or stocks and shares Mark and Rob have got you covered, join them today to find out more.   KEY TAKEAWAYS Property: Due to the current pandemic there are many hotels sitting empty waiting for investment. If there aren't deals there now, there will be very shortly. There will be many opportunities within the hotel industry to either re-open to guests in the summer months or to convert the hotel into something else.   Things to consider if looking to invest into a hotel are: Where is it? What is it? And What is the occupancy? Occupancy in both HMO’s and Hotels is everything. If it is running at 70% full, that is all your profit gone and it is then running at a loss. Assets: When investing in watches, cars or art try to ensure that you invest in products that are limited edition or where there was only a small amount produced. Rolex, Patek Phillipe and Richard Mille are the three watch models that are strong in the market currently.   New petrol and diesel vehicles will not be available from 2030 according to the government. Theoretically speaking existing petrol and diesel cars will go up in value as they become rarer to buy. There will likely be less service stations to purchase petrol and diesel however it is unlikely that they will be impossible to run.   As long as you buy right, investment into classic cars is a good place to park your money and enjoy it at the same time. Whilst it may go up in value, it probably won’t make much profit. What you should be aiming for is to have something that doesn’t go down in value.   Stocks:   You could invest a small amount of your £1 million into a higher risk strategy such as crypto currency or EIS schemes. They are very high risk and can drop to be worth nothing however there are big tax benefits to doing this.   Investment Advice: Become really interested and passionate about what you are potentially investing in. Become knowledgeable about a particular class and stick with that when investing. If you are aiming to make serious amounts of money through this platform, then you will likely need to become a professional in this niche.   We do not know what will cause the next recession nor do we know what the effects of it will be. The best way to conserve your wealth is to have multiple investments in a range of industries. Diversity your investments and ensure you have multiple income streams across varied business types and property types.   If you want to make a large amount of money fast, the best way to do that would be to invest into a business and become really good at it. Secondly, put your money into property that is well leveraged as that will always do better than investing in cars, watches etc.   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   BEST MOMENTS   “The world is in a completely different place. We don’t know when this ends.”   “When the next recession comes along we do not know what is going to cause it. This one was caused by a virus and the previous one was caused by a banking crisis.”   “Buy what the heck you know about.”   “Over time try and diversify into a few use classes in property.”   “All of those could be good, all of those could be rubbish.”     VALUABLE RESOURCES https://www.youtube.com/user/progressivepropertyhttps://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. 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   See omnystudio.com/listener for privacy information.

After an unpredictable year for both business and property in 2020, join your host Mark Homer as he discusses his property predictions for 2021. Mark discusses how peoples’ house preferences have changed, reliable property investment strategies and why we are likely to see a rise in HMO’s and single let properties.   KEY TAKEAWAYS The pandemic has had a huge effect on the retail industry. Many retailers are moving their headquarters to the outskirts of the city to fulfil their customers’ needs for online purchasing. Despite what most of the property experts said, property prices have risen this year.   More people are working from home since the pandemic began. This has had an impact on the types of homes people need with purchasers choosing to live in larger homes further out since they no longer have to commute to the office. The government granted a stamp duty exemption in 2020 and there is talk of this being extended in 2021 which will help the property market even more.   Rather than look at whether the property market is going up or down focus on what strategies will be successful. The property market is often unpredictable therefore reliable strategies are always safe investments. Nobody can predict what will happen to the interest rates, government support or unemployment rates.   Houses of multiple occupancy and single let’s are likely to become more popular in 2021 as unemployment is predicted to rise. More people will decide to rent instead of buy which is likely to see rental prices rise.   2020 taught us that things can only get better. During the last recession, there were many motivated sellers and the demand for property deals rose as many sellers needed to offload their properties to raise cash. Once the market came back, property prices rose.       BEST MOMENTS “Most experts were predicting either a shallow fall or a crash.” “This is a good thing for property investors as it lifts the value of your asset.” “The bank of England has been making noises about negative interest rates.” “More likely, like what happened in the previous recession, asset prices are likely to go up.”           VALUABLE RESOURCES https://www.youtube.com/user/progressivepropertyhttps://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. 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 See omnystudio.com/listener for privacy information.

Mark is joined by fellow co-founder of Progressive Property Rob Moore and together they discuss how you can get the highest returns when investing £500,000. Learn today how £500,000 could allow you to invest in 14 single let properties, why it would be a good idea to invest your money in a freehold block of flats and how you can make huge savings by purchasing your own office blocks.   WATCH ON YOUTUBE How To Perfectly Invest £500,000 |Property | Stock Market | Business SUBSCRIBE TO THE SERIES 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   KEY TAKEAWAYS Property: With a £500,000 property investment you can secure 14 single-let properties with a price range of £120,00-£130,00 and putting down a £35,000 deposit. These properties can be running simultaneously with a refurb scheduled every 6-9 months. It is a great strategy to achieve long term capital growth.   Many units on the high street have been battered and valuations have dropped in a big way and many are empty. There is a big opportunity to put a shop in the unit and convert the uppers into flats. There are a lot more of these opportunities to come; we are only at the beginning of this.   With £500,000 you can buy a freehold block of flats. The property may need a refurb and once this is done you are able to rent all the flats out. These are good investments because since you own the freehold it is similar to buying a house, you don’t have all the ground rent. There are really good opportunities since the values have dropped and there are currently plenty of tenants available.   It is a very good idea to buy your own office blocks for your company. By buying your own office building you are making a huge saving every year and the property itself will go up in value every single year.   Stocks and savings: Cars: If you are going to invest in classic cars it is best to start off with something cheap. Buy a low mileage, better quality car and in the end, you will make a better profit. Work your way up and build up your collection. Buy a ‘Classic Car’ insurance policy if your car is garaged which will allow you to keep your insurance costs down. Assets: Holding physical gold is a good investment. Buy the gold physically and put it in a secure vault and allow the asset to mature.   Whilst it is a possibility to buy a company with half a million pounds, you really do need the experience to know if what you are investing in is a viable business. People will usually try and sell you something that works for them and often it will not be worth your money.   BEST MOMENTS “You are going to end up with a great return on investment.” “You’ve really got to know what you’re doing.” “If you have a passion for something you are going to learn how to do it well, if not better than anyone else.” “Your timing of what you buy is really important and sometimes it is wise to wait for the market to come back down.” VALUABLE RESOURCES https://www.youtube.com/user/progressivepropertyhttps://www.progressiveproperty.co.uk/the-progressive-co-founders/ SUBSCRIBE TO THE A NEW INVESTMENT SERIES Episode:How To Perfectly Invest £500,000 |Property | Stock Market | Business 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 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     See omnystudio.com/listener for privacy information.

Mark is joined by fellow co-founder of Progressive Property Rob Moore and together they discuss how you can perfectly invest £250,000 to ensure you get the highest returns possible. Discover how you can maximise your investment by purchasing businesses that have been hit by the pandemic, why buying properties in cash can allow you to get the best deals as well as discovering the best market trackers to use when investing your money in stocks and shares.   WATCH ON YOUTUBE How To Perfectly Invest £250,000 |Property | Stock Market | Business SUBSCRIBE TO THE SERIES 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   KEY TAKEAWAYS Businesses: Due to the current pandemic, there are likely to be some businesses that are willing to sell for £250,000 or less. Many hotels, nurseries and event companies have been very badly affected by the pandemic and are coming to the market in the new year.   Property: If you are buying single lets, buy up to seven at a time with £30,000-£35,000 deposits and roll that over. You could also use this money to buy properties in cash. These properties may be unmortgageable and therefore you can get the property much cheaper. By doing this you can cut out the majority of the market as most people are unable to buy without a mortgage.   Appreciating Assets: With this budget, you can invest in Patek Philippe and Richard Mille watches. The more complicated the movement of the watch, the more expensive it is. It is better to pay more money and have more growth.   Appreciating Assets: It is very important that you find an asset class that you enjoy. Whether that be stocks, property or business. Investing in gold can be a good safety hedge. Monetary financing will soon catch up and inflation will start to build, and gold will be the beneficiary of that.   Property: If you buy commercial buildings or newbuild blocks of flats and you convert them, the capital allowances are available on the purchase price up to 20%. When you convert the buildings all the work that you do to the communal areas between the flat you can claim capital allowances on.   Stock Market: Look for companies that are currently in trouble, but are fundamentally going to be okay in the long run. Be prepared to lose money on stocks on occasion. If you want to make money over time buy some market trackers i.e Footsie or Dow Jones trackers which track the market, have very low fees and allow you to spread across the stock market.     BEST MOMENTS “Straight away you are at an advantage because you can get it much cheaper.” “There is an immediate advantage there.” “They’re inherently risky.” “Let father time pay it down.” VALUABLE RESOURCES https://www.youtube.com/user/progressivepropertyhttps://www.progressiveproperty.co.uk/the-progressive-co-founders/ SUBSCRIBE TO THE A NEW INVESTMENT SERIES Episode:  How To Perfectly Invest £250,000 |Property | Stock Market | Business 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 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 See omnystudio.com/listener for privacy information.

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/progressivepropertyhttps://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           See omnystudio.com/listener for privacy information.

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/progressivepropertyhttps://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         See omnystudio.com/listener for privacy information.

Listen in to episode three of a Mark Homer’s brand new mini-series on ‘How To Invest 25k’ for maximum returns. In this episode, Mark and Rob dive into the perfect investments you can make with £25,000. Join in as they cover the top investment strategies and their risks and their returns from property tactics and fundamentals to what industry to start, grow and scale your business in and which investment stocks, shares and trackers you should be adding to your portfolio. WATCH ON YOUTUBE How to Perfectly Invest £20,000 | 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 £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 refinancing. 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.   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 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 “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/progressivepropertyhttps://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 See omnystudio.com/listener for privacy information.

Are you looking for the best active and passive investment strategies? In today’s episode Mark is joined by Progressive Property Co-founder, Rob Moore to discuss how to perfectly invest £10,000 in today’s economy. Discover how to get the quickest returns on your investment for short, medium and long-term capital growth. Hear Mark and Rob deep dive into asset investments with recommendations on classic cars, vintage watches and hot property investments. WATCH ON YOUTUBE How to Perfectly Invest £10,000 | 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 The quickest returns on an active £10,000 property investment will be when you combine your capital with effort and hardwork and create a business. The best property businesses to start for returns are Rent2Rent, Serviced Accommodation or Deal Packaging, but also consider the option of a JV with somebody else. 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.   One of the better longerterm passive investments to make is in classic cars and watches. If you do your due-dilligence 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. eCommerce is a great opportunity for investment, it’s a growing market with huge potential for scale.   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/progressivepropertyhttps://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/ 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     See omnystudio.com/listener for privacy information.

Getting into investing can be hard, but with the advice from Progressive Property Co-founders Mark Homer and Rob Moore, it just got a lot easier! Mark and Rob discuss how to perfectly invest £5,000 which an array of investment opportunities and tactics for every entrepreneur to level up their investment strategy. If you’re looking to make a good return on your capital and invest in something you love, this episode is for you. WATCH ON YOUTUBE How to Perfectly Invest £5,000 | 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 you are investing, you have to first decide whether you want to use your time in that investment which is called active, or whether you don’t want to use your time in an investment which is called passive. £5,000, is a relatively small sum to begin investing so for the highest return it would serve you to invest in a business, invest your time and invest the bulk of your finances in marketing to drive increased sales. If your passion is to invest in property if may be wise to continue to save until you can move into property investment full time and be smart with your finances by securing loans and JV finance to turn your initial investment into much more. You could also invest it in stock marketing or ISO, but this is passive and it would take longer to generate a huge amount of money. This would be a slower investment and return overtime but can yield impressive results. Training and education businesses are a very good investment because you only need to have the internet and a good phone to record yourself. You only need to know something to teach and a paying audience will listen. Classic watches and cars can generate huge returns if you purchase them at the right price, but it would be more beneficial to invest in a business to generate you the type of passive income you need to invest in wealth-generating assets. Cryptocurrency is a newer market that can give you a very high return when the price and market cap go up. BEST MOMENTS "I would invest it in marketing to generate leads to clients resulting in sales." “Nothing is truly passive; you have to work hard for you not to work hard.” “It is important to preserve capital and have contingency cash.” “Cash protects you in terms of your monthly bills, liquidity and also pay your debts.” “Invest in something that you love doing.” VALUABLE RESOURCES https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/   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   See omnystudio.com/listener for privacy information.

Today Mark is joined by acquisition and business strategist and CEO of The Deal Makers Academy Jonathan Jay and together they discuss all things business. Discover today how you can only improve your business skills as the years go on, how to get into a ‘deal flow’ and why implementation will allow you to become hugely successful.   KEY TAKEAWAYS   So many business owners think that they only get one shot at the business. The reality is they can do it again and again and get better as the years go one. The expertise and the knowledge that you learn throughout your business ventures are around the acquisition, the stabilisation, the optimisation and then the exit, rather than that particular business.   The only amount of money you should draw as income is the amount of money you need. People see big salaries as a way to boost their ego. However, if you don’t need the money, then what is the point? Leave the money in the company and move it sideways to invest in a property or other things, rather than taking it out and being heavily taxed on it.   Getting yourself into a deal flow is just a piece of marketing. If you get the marketing correct and follow certain processes, you can turn the tap on and create a flow of deals. When you have a deal flow, you become an amazing negotiator because you are not wedded to any one particular deal. You just don’t care if the deal doesn’t happen. You don’t get a deal if you are chomping at the bit to buy something.   The difference between those who succeed incredibly and those who always seem to struggle is implementation. It is not procrastinating over what you want to do, it is just doing it and not worrying about getting it wrong or waiting for it to be perfect. Deliberating over decisions will not always end up with a better result, sometimes you have just got to go for it and trust your instincts. Test things, measure the results and tweak when needed.   As unemployment will inevitably get worse, there is going to be more focus on training people and upskilling them. If the shops aren’t open and there are fewer opportunities in retail, travel and hospitality then people will have to do something else. To do something else you quite often have to learn something new. Investment in apprenticeship and NVQ schemes is a good idea as more people will be looking to acquire new qualifications.   BEST MOMENTS “It is not always about the money, sometimes you just don’t want to be doing something any more”   “We’ve made plenty of mistakes, but we’re now in a position where it is running properly. We just aimed the gun and fired it afterwards.”   “Whilst everybody else is thinking about it, I am doing it, and getting things done.”   ABOUT THE GUEST Jonathan Jay has bought and sold businesses for over 20 years, buying from private equity firms and selling to them as well, as well a numerous trade deals. The Dealmaker's Academy is a UK leader in training people to buy and sell businesses, without risking their capital.   USEFUL RESOURCES   https://www.linkedin.com/in/jonathan-jay-3556b230/?originalSubdomain=uk https://www.youtube.com/channel/UCHmCcfQJpMPLAMPjlTXG7eQ https://podcasts.apple.com/no/podcast/business-buying-strategies-from-the-dealmakers-academy/id1369703084 https://www.thedealmakersacademy.com/about-us/?v=79cba1185463   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 See omnystudio.com/listener for privacy information.

Tune in to a brand new and exclusive live investing 12-week mini-series with your host Mark Homer and Progressive Property Co-founder, Rob Moore every Monday at 7PM.   Each week Mark and Rob deep dive into the art of investing with actionable advice on investing in business, property, stocks, shares, assets and more with any amount of pounds or dollars, all the way from investing with nothing, up to investing £1 million. At each stage and at each investment amount there will be a different strategy, a different asset class to invest in and a different approach to investing that is tailored to yield the best return.   HOW TO WATCH Watch Live On The Progressive Property YouTube Channel Every Monday At 7PM Tiny.cc/PPTV Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes   KEY TAKEAWAYS   Discover the fundamentals of investing and why you must preserve capital at all costs, whilst maximising leverage to increase your capital.   Understand low, medium and high-risk investing strategies and tactics from defensive investing in low-risk physical asset classes such as wine, gold or art to high-risk high-return strategies tailored to your investment pot. At each stage and at each investment amount there will be a different strategy, a different asset class to invest in and a different approach to investing that is tailored to yield the best return.   Learn the value of compound interest, how to know when and what you can leverage and the difference between active vs passive investing. Uncover the secrets to the trade-off between returns on time and returns on capital among all investment classes. BEST MOMENTS “One of the best return on investments I’ve ever gotten has been investing in myself and starting a company” “Each time you rise up and increase your investment pot your strategy will change”   VALUABLE RESOURCES 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 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 See omnystudio.com/listener for privacy information.

The property world can be very daunting, particularly the finance side. Join Mark today as he simplifies the hidden costs of property finance and talks you through what to look out for when looking to get financing. Mark discusses the advantages of bridging finances, the hidden expenses in fixed-rate mortgages as well as looking out for exit fees.   KEY TAKEAWAYS Bridging finance is something that people may choose to use on properties where there may not be any income and traditional mortgages are not available. Bridging finance is usually available on any sort of property and it is really just based on the loan to value, however, it is much more expensive. Often, bridging finance will get you in on the teaser of 0.5% per month, usually by the time you go to exchange it is likely to be more expensive, potentially up to 16%.   Fixed rates are generally more expensive. They are more expensive because effectively it is like an insurance policy against the interest rate rises. The fixed-rate deals over time usually have ended up being more expensive than the variable rate. Generally speaking, the market is offering fixed rates at the premium to the expected average interest rate that you’re going to be charged during the term of the mortgage.   Always look at any exit fees you may face. On investment loans there generally isn’t any, however on bridging loans you may get some for 1%-2%. With development finance, which is the type of finance you will be taking out to develop properties, there can be an exit fee. This exit fee may not always be a percentage of the loan, it could be a percentage of the gross development value of the project, which can be very significant.   If you are going to be doing stuff that is a little bit outside of the box (perhaps you are doing a large HMO), you may find yourself looking towards an Aldermore or Shawbrook type product. They can be great on smaller deals that are outside the box, but they can be very expensive. They may be 5%-6% interest whereas if you went to a high street or to a commercial bank, they might be doing it for 2.5%.   BEST MOMENTS “So often I get people coming to me saying ‘I’ve got this mortgage and it is a really low rate, isn’t it great!’ but it is only a two-year deal. You really need to look at everything in the rounds” “I generally prefer variable-rate mortgages but I find that fixed rates are a good insurance policy, but you need to pay for that.” “Just be mindful of that. Do you always want to do out of the box deals if it is going to cost you almost double the rate of interest?”     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 See omnystudio.com/listener for privacy information.

Are you keen to start a new business venture but don’t know what to expect? Or perhaps you’re running a business and wanting a helping hand? Join Mark Homer today as he discusses the hidden costs of running a business. Discover the importance of not hiring cheap employees, having enough cash in the bank to survive a recession and being able to adapt to new industry standards.   KEY TAKEAWAYS Hiring cheap employees can potentially be a huge hidden cost when running your company. When you want 10/10 employees you have got to pay for them, they will be worth three or four times more in revenue than a poor employee. They will also save you a lot of money in losses and costs.   A hidden cost of running a business is buying unnecessary products to furnish your offices. These can cost a company tens of thousands of pounds when starting a company when they don’t have much cash in the bank. It is much more important and worthwhile to put your money into marketing, sales and growing your business. The material items can come later.   Not keeping cash can be a huge cost to the business. You do need to keep some cash, as we have seen through this COVID period and the previous recession there are some businesses who did not have cash in the bank. These companies were unable to switch their business model and ended up going bust. Be focused on keeping good chunks of cashback to ensure your business can carry on trading.   When the market changes, competition comes along. You need to be able to adapt your business, if you’re standing still and staying the same you will no longer be relevant. You won't have adapted to the market as it has changed and you will end up going bust. The competition will come along, your customers will want other things and your competition will respond to that and take your business away from you.   Diverting time into nonsense. Lockdown has been a great eye-opener for how much nonsense was really going on in daily life. Unnecessary travelling, phone calls and other distractions take place in the office each day which do not serve many purposes to your business. Focus on your income generating tasks so that you are not getting diverted into other issues that are not productive.   BEST MOMENTS “Only hire 10/10’s. Pick the best, surround yourself with great people.” “The best businesses start in the garage with nothing and grow their revenue stream. That is the most important thing.” “Businesses do not go bust due to lack of profit, they go bust due to lack of cash.”   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 See omnystudio.com/listener for privacy information.

If you’ve been thinking about taking the plunge on investing in HMO’s but are not sure about the hidden costs involved, or perhaps you already have a portfolio, and can’t understand where all your money has gone? Then listen in today as Mark identifies the hidden costs of HMO’s and multi-lets. Mark outlines the importance of managing your utility bills, using detailed referencing to source the perfect tenants as well as doing up your property and setting it apart from the rest to ensure it is always occupied.   KEY TAKEAWAYS The first big hidden cost with HMO’s are utilities. It is important you manage these because lots of tenants will regulate the temperature of their rooms by opening the window rather than turning the thermostat up or down. Put a system in there which controls the temperature range and also the times that the heating comes on.   Secondly, you may come across some conflict between your tenants. Noise complaints, mess complaints and anti-social behaviour are no good when this could potentially upset your current, good tenants. Reference your tenants well, make sure you get working tenants and if that has not worked, and somebody is still causing problems eventually you may have to serve notice.   Cleaners may not do their jobs sufficiently in communal areas. Make sure everything is clean and tidy and you hire trustworthy companies to look after your property so as to not upset your tenants. Enforce regular inspections to ensure the property is tidy which will, in turn, make it a lot more marketable and people will want to stay.   Voids in HMO’s can happen reasonably and frequently. Inevitably the property will fill up if your HMO looks the best. You really need to dress it nicely and market the property with professional marketing photos.   Make sure you take out the correct HMO protection. Go to a broker (preferably one broker for the whole portfolio) and ensure you get the correct type of insurance so that when you do eventually have to make a claim, you will receive your payout.   BEST MOMENTS “Make sure you are getting the cheapest electricity and gas.” “Make your HMO look the best in the town and you will keep it full.” “This could mean the difference between thirteen hundred pounds in council tax and potentially four or five thousand.”   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 See omnystudio.com/listener for privacy information.

If you’ve been thinking about taking the plunge on investing in HMO’s but are not sure about the hidden costs involved, or perhaps you already have a portfolio, and can’t understand where all your money has gone? Then listen in today as Mark identifies the hidden costs of HMO’s and multi-lets. Mark outlines the importance of managing your utility bills, using detailed referencing to source the perfect tenants as well as doing up your property and setting it apart from the rest to ensure it is always occupied.   KEY TAKEAWAYS The first big hidden cost with HMO’s are utilities. It is important you manage these because lots of tenants will regulate the temperature of their rooms by opening the window rather than turning the thermostat up or down. Put a system in there which controls the temperature range and also the times that the heating comes on.   Secondly, you may come across some conflict between your tenants. Noise complaints, mess complaints and anti-social behaviour are no good when this could potentially upset your current, good tenants. Reference your tenants well, make sure you get working tenants and if that has not worked, and somebody is still causing problems eventually you may have to serve notice.   Cleaners may not do their jobs sufficiently in communal areas. Make sure everything is clean and tidy and you hire trustworthy companies to look after your property so as to not upset your tenants. Enforce regular inspections to ensure the property is tidy which will, in turn, make it a lot more marketable and people will want to stay.   Voids in HMO’s can happen reasonably and frequently. Inevitably the property will fill up if your HMO looks the best. You really need to dress it nicely and market the property with professional marketing photos.   Make sure you take out the correct insurance, specifically for a HMO. Go to a broker (preferably one broker for the whole portfolio) and make sure you get the correct type of insurance so that when you do eventually have to make a claim, you will receive your payout.   BEST MOMENTS “Make sure you are getting the cheapest electricity and gas.” “Make your HMO look the best in the town and you will keep it full.” “This could mean the difference between thirteen hundred pounds in council tax and potentially four or five thousand.”   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 See omnystudio.com/listener for privacy information.

Do you own single let accommodation, and are racking up unexpected costs each year but can’t figure out why? Or plan to start but want to know the cost involved?  Listen in to today’s podcast where Mark takes you through all the hidden costs involved in single lets which will avoid eating into your profits. Learn the importance of finding great lettings agents that ensures your property is rented out quickly and with brilliant tenants, the benefits of purchasing your properties under a limited company and why it is imperative to shop around for mortgages and insurance brokers. KEY TAKEAWAYS  The number one hidden cost of single let accommodation is poor letting agents. There are many poor letting agents across the country. The main cost being poor marketing, not finding tenants quick enough when your property is empty and not putting the work into getting the property into a presentable state. A good letting agent will get the property lent quickly and therefore get the rent in for you.    The difference between a good lettings agent and a poor one is huge. You could lose up to half of the rent a year should you find yourself with a poor letting agent. A poor lettings agent may also not reference your tenants properly, therefore putting riskier tenants into the property which again will leave you with loss of rent or possible eviction costs.    Another hidden cost is high mortgage costs and not shopping around sufficiently for a mortgage. It is always beneficial to create a relationship directly with the bank and as you get better you can go to a commercial lender and maybe they will give you a better rate. Take longer-term deals, not always with fixed rates, if you look at the costs and expectation of the market, often the average rate will be lower if you go on the variable.   To help save on some hidden costs, it is a good idea to purchase properties under a limited company. If you put properties into a limited company you can always offset all the mortgage rates against the rent, and you will only pay corporation tax on the net rent after you have taken the mortgage rate off. There is a big benefit there, especially if you want to scale and grow.    Not choosing the right type of builder for your refurbishment can rack up some high and unexpected costs. Focus on choosing individual tradesmen, try and source materials for them through LNPG, research the cost of materials this will all end up controlling the costs for you.    Make sure you take out the correct HMO protection. Go to a broker (preferably one broker for the whole portfolio) and ensure you get the correct type of insurance so that when you do eventually have to make a claim, you will receive your payout.    BEST MOMENTS   “You have often got to kiss lots of frogs before you find a good one.” “There is a very big gulf between a great lettings agent and an average lettings agent.” “High mortgage costs can cost you in a big way, short deals sound great but they are not really protecting you against much at all.” VALUABLE RESOURCES: https://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwjdkd7UiPfpAhVsQUEAHSPSC3kQFjABegQICRAB&url=https%3A%2F%2Ffast-asleep.com%2F&usg=AOvVaw1h19Fa_6IPVVrXPkbCQDJb  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 See omnystudio.com/listener for privacy information.

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 See omnystudio.com/listener for privacy information.

Learn how to make the most of the opportunities coming your way in property later this year after the COVID-19 pandemic. Listen in today to discover how to utilise empty retail buildings and convert them into property developments, the importance of creating strong relationships with estate agents as well as learning which areas of property are currently on the rise and which to avoid. KEY TAKEAWAYS: As we progress throughout the year it is likely we will be in a situation where agents are going to be more and more interested in persuading their vendors to do deals. There will be more opportunities as the year goes on. Retail will be one industry hit the hardest after COVID-19, therefore there is likely to be many opportunities to purchase these retail buildings and convert the upstairs of them into apartments or rooms possibly using permitted development whereby you don’t need planning consent. It is important to focus on learning how to develop your relationships with estate agents because it is those guys who will bring you the best deals. In addition, you may find that the cheapest deals will be at the auctions. In a down market, the market will let you pay a lot less than the value. There is currently a high demand for HMO (houses of multiple occupancy) rooms due to many people's personal circumstances. As long as you create a great product and spend on the interiors to make them really high spec, there is a lot of benefit and opportunity when utilising HMO’s. There is likely to be a big demand for going direct to vendors when looking for new investments. Find vendors through marketing techniques such as leafleting, you may find people who are wanting to sell their property but do not want to publicly advertise. You need to get out there and explore new opportunities. Get out there and meet the agents and have a quality framework to use to negotiate and build those relationships.   BEST MOMENTS “The people in the know, they are out there now starting to talk to commercial agents.” “They want to get out of their jobs, and they want to start investing themselves.” “There is a lot of opportunity there to increase your yield.”   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 See omnystudio.com/listener for privacy information.

Are you thinking about joining the world of property investment but don’t know where to start? Or are you simply looking to expand your property portfolio whilst there are some deals around? Well, listen in today as Mark answers all your property questions from commercial to residential conversions when the best time is to pick up a deal as well as busting the myth that the buy to let industry is dead. KEY TAKEAWAYS: It is likely that there has been a lot of reduced prices in the commercial sector since the pandemic. There are great deals in this sector emerging with some commercial buildings going for less than half their original listing price. The easiest sector to do commercial to residential conversion is an office building or a retail building with up to two apartments as you don’t need planning permission. Whilst they won't be the cheapest in comparison to pubs or larger retail units, they do offer the least amount of hassle in regards to planning permission. Property values are already decreasing. By the end of this year the economic situation will inevitably get worse because the grant money, furlough schemes and all the loans will start to wear off. Now is the time to be out there buying stock and bidding on cheap property as there will be some good deals out there. There is no predicted exact date as to when the best deals will be. Start building your contacts with estate agents now, you may get a deal now but if not you will have built that bank of contacts and by the time the cheapest stock is out there all your contacts will be in place and you will be offered the best deals first. Now could be a good time to purchase land if the price is right, due to recent changes you can get more planning consent on greenfield sites. You may use this period to get planning consent and then in a couple of years time you can be building and selling into the market. Buy to let is alive and well you just need to buy the right property and ensure that it is high yielding and make sure you are putting it at the right sort of entity for the tax treatment. It is also a good strategy to buy single lets and utilise them as long as they are high yielding and bought for the right price.   BEST MOMENTS “This time around I will do the same things, just go and buy a load of cheap stock that is high yielding.” “The best deals are the ones that you find, you should get started now.” “Buy to let is absolutely not dead, how could it be? Think of how many landlords and how many tenants are in the country.”   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 See omnystudio.com/listener for privacy information.

Do you feel restricted on what you can achieve in life because of your poor sleeping habits? Discover today the importance of getting enough sleep and the effect this can have on your physical and mental health and how mastering “sleep restriction therapy” will change your life for good! Listen in today to find out more. KEY TAKEAWAYS: Sleep is one of the most important bodily functions. Not sleeping has all sorts of long term health consequences such as heart disease, cancer, obesity and it has a massive impact on individuals cognitive functioning. Often when you really try to put your mind to something, and you focus hard on fixing it, you will succeed. There are many things that can help you fall asleep, such as not eating after 7 pm, only drinking water after 8 pm, no screen time after 9 pm and taking a warm, relaxing bath in the evening as well. Another successful way to help you sleep is by practising sleep restriction therapy. You need to create a strict sleep diary and only go to bed for the time that you will be asleep. Limiting the things you do in bed, these include no reading, no watching TV and not using your phone. The process can take a couple of weeks to get you from sleeping a poor 4-5 hours to a full 8 hours. The therapy is adjusting your circadian rhythm and you must stick to it rigorously.   BEST MOMENTS “Times of higher stress can affect your sleeping.” “It will change your life, it changed my life.” “Within a week, most insomniacs show that they went from 67% sleep efficiency to 87%” VALUABLE RESOURCES: https://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwjdkd7UiPfpAhVsQUEAHSPSC3kQFjABegQICRAB&url=https%3A%2F%2Ffast-asleep.com%2F&usg=AOvVaw1h19Fa_6IPVVrXPkbCQDJb 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 See omnystudio.com/listener for privacy information.

KEY TAKEAWAYS The model of buy, refurbishment and rent was the strategy that really worked for me. It’s all about the leverage you can get. I have a successful strategy but am always interested to learn about something different I like to find someone who is doing something successfully then model on that. Property is opportunity led we may now see more commercial coming to market. Big changes will also bring big opportunities. There are lots of layers in the COVID situation and there can only be a broad overview of how to move forward because no one has all the facts. Coming out of this will be in part guided by the media and how long they continue with a negative message. There is money available for borrowing It’s all about confidence We have carried on working on our construction projects throughout this pandemic but have had plenty of challenges around supplies. Lots of self-employed people continued to work because they had to otherwise they had no income at all. There is nothing legally to stop you from opening your office. It’s about finding your way around the issues.   BEST MOMENTS ‘With construction, the challenges came with getting materials as suppliers closed’ ‘There are lots of variables and we don’t know what they are at the moment’ ‘Have a successful strategy but always be interested to learn’   VALUABLE RESOURCES The Property Nomads Website https://podcasts.apple.com/gb/podcast/the-property-nomads-podcast/id1440016017 The Property Nomads - Stitcher Buy To Let: How To Get Started – By Rob Smallbone (Amazon) Progressive Property website Mark Homer LinkedIn Warren Buffet Berkshire Hathaway Annual Meeting Bank of England Monetary Policy Report Youtube   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   See omnystudio.com/listener for privacy information.

If you’re wondering what life after lockdown will look like for the property market then tune in today to discover how to make the most out of a rare opportunity. Mark discusses when best to purchase property at the lowest price point, to the safest revenue streams if you’re just starting out and what strategies you should use when investing post COVID-19. KEY TAKEAWAYS: There is likely to be a decline in house prices once Estate Agents are back up and running again. Unemployment will rise significantly therefore the pressure on housing prices to fall will be great. There will however be many opportunities to buy cheaper with increased yields with many people preferring to rent rather than buy. No money down is still possible. You could look into ‘rent to rent’ deals which may include a very low amount of money to be used for legalities. You could also look into JV partnerships which include little to none of your own money used as well as leases on properties to reduce the capital that you need to put in up front to zero, here making it no money down. If you are starting out in property at this moment in time, it would be advisable to go with single let properties as well as HMOs and to stay away from hotels and serviced accommodation. When we come out of lockdown the economic crisis will not suddenly revert. There will be a period of time where it will be quite depressing, there will be a nice window of opportunity to purchase properties at a lower price point than before the pandemic. To obtain accurate and trustworthy information in regards to the economy and the current situation in regards to the pandemic, read valuable news source such as the Financial Times or the Prime Ministers broadcast. Steer clear from listening to people's opinions on social media.   BEST MOMENTS “There are going to be many opportunities which you will want to take advantage of.” “There are lots of industries that will do quite well out of this.” “Put your cash in the bank and in a savings account!”   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 See omnystudio.com/listener for privacy information.

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.   See omnystudio.com/listener for privacy information.

Progressive Property Co-Founder, Mark Homer takes over the podcast and is joined by Property expert and Co-founder and Managing Director of Progressive Lets, Wayne Beecham. Together they discuss the impact of Covid-19 on the property industry and the challenges landlords, tenants and agents are facing and how they can overcome them. Don’t miss the on this must-listen episode.   KEY TAKEAWAYS   Q. How are you handling the Coronavirus situation and what are you doing in your businesses at the moment? At the moment from a letting agency's point of view, from both how the business operates and managing the financials of a business and also how it affects each individual landlord and tenant. From the business point of view, we are going into a hibernation mode where we are prioritising what jobs are important and what fundamentally needs to be done and to make sure we are protecting the income of the business. From a business point of view, we’re working on reducing our overheads, as well as evaluating problems such as tenants not being able to pay their rents and the impact that may have on the landlords and the action landlords need to take to ensure they can still profitably run their property portfolio.   Q.How’re you dealing with tenants being unable to pay their rent? First of all, we need to assess each individual tenant, it is very easy especially with a three-month ban on evictions is making sure the tenant is not being an opportunist at this time. First of all, we have had to assess whether the tenants are affected by this and they have got a list of documents, queries and questions to answer to ensure that they are being affected, from there it is about educating and finding a solution to that problem.   Q. What would you do if a tenant decided to stop paying their rent? If the tenant has had a change in circumstances it is a case of evaluating the situation, so exactly what has happened? And what sort of situation they are in? What losses are they currently encountering and how can we deal with that situation? You do have to evaluate each individual tendency depending on the situation they are currently in. Q. Is now a good time to sell? Now is a terrible time to sell. You’re not going to find any buyers because agents are shut, any buyers that are here are probably scared about their job, mortgages and what will happen to property prices. If you can hold on, get it to let and maybe take less rent and trade your way through it. The worst thing to be at the moment is to be a seller. Q.Are you scared about this crisis or do you see an opportunity? It doesn’t help to be scared, the best thing to do is to plan, or out hat the new world looks like, get in really early and or really hard and modify your business and take advantage of the opportunities that are inevitably going to appear. In times where there are big shifts like this where there are big money transfers and this happened in 2008/2009, a big transfer took place, an it will happen again this time so you need to be ready. You need to be alert, learning, surround yourself (metaphorically =) with god people, and educate yourself through this period and learn from the best.   BEST MOMENTS “By helping and assisting your tenant to pursue getting all the help that they possibly can ensure that there is income owing in assisting both the tenant and the landlord” “As and when travel restrictions are lifted, opportunities will come about” “I don’t think it really helps to be scared” “The world is changing, and you have to grasp these new opportunities” and set your sail in the new direction”   VALUABLE RESOURCES   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, as well as 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 THE HOST Email: Markhomer@progressiveproperty.co.uk LinkedIn: https://www.linkedin.com/in/markhomer1 Facebook: https://www.facebook.com/markprogressive Twitter: https://twitter.com/markprogressive See omnystudio.com/listener for privacy information.

Welcome to the 100th episode of the Mark My Words podcast, hosted by Progressive Property Co-Founder and expert investor, Mark Homer. Tune in to an exclusive anything goes Q&A, Mark answers listeners burning questions from the best way to get into property to what he is currently buying and selling in this uncertain time. Don’t miss this one-off special. KEY TAKEAWAYS: Q. What is the best way to get into property with limited money?       A. The quickest way would be to find a partner who you can work with or possibly do a rent to rent deal whereby you are leasing properties from another landlord and then subletting rooms out. You could also do a JV with landlords where you can source properties for them and get into it that way using their money. Q. Will the world be the same after COVID-19?       A. I very much doubt it, I think people will want more protection when traveling. They are probably not going to get on a plane in the same way, they will be using more sanitisation products. Until we can get a vaccine I think people will behave differently. Q. How do you recommend finding a JV partner during the lockdown?       A. I think online is perfect. You are going to be having a lot of virtual relationships online because you cannot go out and meet people. Facebook, Twitter, Instagram, and LinkedIn are good ways. You can make lots of calls virtually on Zoom or Skype. Q. If you’re starting out in property now what strategy would you use and when?       A. If you can buy serviced accommodation units or hotels provided you have an experience that is a way forward. If you are inexperienced I think sticking with single lets or HMO is still a good idea, just ease yourself into it gently by doing only one. You will probably face some issues initially with getting people to move and buying property in this three month period. Learn as much as you can online, download study packs and get ready. Q. What are you currently buying and selling?       A. I am not buying anything at the moment, I am developing a number of apartments and I have another one in the planning. Q. What shares and stocks are a must-buy?       A. You could buy individual stock. If you are looking for a five to ten-year horizon then you could probably do well out of it. If you’re worried they will go down again then I wouldn’t buy right now. If you are not experienced you may want to buy a FTSE tracker fund or something like that where they put you into a nice spread of the market with very low fees.   BEST MOMENTS “Cash is king right now” “Educate yourself, and get ready”   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 See omnystudio.com/listener for privacy information.

Join Rob Moore and Mark Homer as they cover unchartered territory in this exclusive Q&A as they talk about what is affecting us all in this uncertain time. They talk about  the current property market and The implications and complications that isolation has How to continue trade to keep business going and  How they are personally navigating through these uneasy times.  This Q&A is ideal if you are worried or just simply intrigued about property, business or how others are handling the current global pandemic    Here are some of your questions and topics this duo has covered:   Right now, should you be buying a property?  Will interest rates go negative? Should you be considering  extending  credit from your suppliers? Rob and Mark give you their tips and suggestions on overcoming procrastination PLUS the secret of Robs coffee order is revealed!     Progressives founders are leading the way to show you it is ok to feel lost and challenged in your business right now and how this year can be a pivotal moment for you and your future. It is all about prioritising and this is definitely one to prioritise as you receive industry insights AND all questions are on the table!      VALUABLE RESOURCES Progressive Podcast Supporter Programme - http://bit.ly/PPsupporter Life Leveraged Book - https://www.amazon.co.uk/Life-Leverage-Outsource-Everything-Lifestyle/dp/1473640288 Mark Homer LinkedIn - https://www.linkedin.com/in/markhomer1/?originalSubdomain=uk Mark My Words - https://podcasts.apple.com/gb/podcast/mark-my-words-podcast/id1165370399 Mark Homer Twitter - https://twitter.com/markprogressive?lang=en   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   See omnystudio.com/listener for privacy information.

Everyone has a passion or a belief; something that drives them to be who they are. It’s a concept known as ‘Fire In The Belly’, explored further by Pete Lonton this week, when he discusses the driving forces behind the success of his special guest, our host Mark Homer. In this episode, Mark explains what “fire in the belly” means to him, as well as the purpose behind his mantra: “Focus like a laser on one thing, and become the best at it" KEY TAKEAWAYS You need to invest in things you understand, and in which you can, to some extent control. Mark sees far too many get-rich-quick schemes that promise much, but deliver little. Each opportunity contains a truth at its centre. It’s about find that truth and deciding if it’s a fit for you.   Mark was trained at an early age to always play the long game. Saving was a big part of his childhood, and delayed gratification was a value instilled into him by his frugal father. Patience is a quality that has served him well.   Networking with the right people allows Mark to constantly learn and grow. By providing value to the people around him, and by drawing value for them, Mark is perpetually developing.   Investment is largely based around logic. Many of Mark’s successes have been built upon his instinctual talent with numbers, and his highly efficient systems based on data.   Logic sometimes has to take a backseat though. there are times when Mark calls upon his gut instincts to make decisions. But as he explains, these feelings are always based upon experience, which in itself, is a logical choice.   Hard work and self-sufficiency are the main values that Mark is hoping to instil into his own children. The greatest gift anyone can be given is self-reliance.   You can develop yourself if you apply yourself. Baby steps that take you forward, and playing the long game with patience, are essential components for success, development and happiness.   You’re often best-off doing what you know. For Mark and his business partner, Rob Moore, the founding of Progressive property has allowed them to see where they belong, and has made them recognise that the skills and talents they possess are best suited to the company they have founded.   Stagnation is always a business-killer. Look for the opportunities to grow, even in the smallest areas. Be the best you can possibly be.   Ego drives Mark to a certain extent. Pride should be taken in achievement, and it should also be used as a barometer for future opportunities. BEST MOMENTS ‘I love finding the truth of an investment’ ‘I don’t like being frivolous. It makes me feel sick’ ‘People like that are inspiring’ ‘Gut feeling is the distillation of all the things you’ve learned over the years’ ‘If you buy into that then you’re not going to be successful’ ‘Words are only so effective’ ‘You’ve got to keep it fresh’  VALUABLE RESOURCES Mark Homer LinkedIn - https://www.linkedin.com/in/markhomer1/?originalSubdomain=uk Mark My Words - https://podcasts.apple.com/gb/podcast/mark-my-words-podcast/id1165370399 Mark Homer Twitter - https://twitter.com/markprogressive?lang=en ABOUT THE GUEST The ‘Mighty Pete Lonton’ from the ‘Mighty 247’ company is your main host of ‘Fire In The Belly’.  Pete is an Entrepreneur, Mentor, Coach, Property Investor and father of 3 beautiful girls. Pete’s background is in Project Management and Property, but his true passion is the ‘Fire In The Belly’ project itself. His mission is to help others find their potential and become the mightiest version of themselves. Pete openly talks about losing both of his parents, suffering periods of depression, business downturn and burn-out, and ultimately his years spent not stoking ‘Fire In the Belly’. In 2017, at 37 years of age that changed and he is now on a journey of learning, growing, accepting and inspiring others. Pete has the ability to connect with people and intuitively asks questions to reveal a person’s passion and discover how to live their mightiest life. The true power of ‘Fire In the Belly’ is the Q&As - Questions and Actions! The ‘Fire In The Belly’ brand and programme is rapidly expanding into podcasts, seminars, talks, business workshops, development course and rapid results mentoring. CONTACT METHOD https://www.facebook.com/mightypetelonton/ https://www.linkedin.com/in/peter-lonton-4b83184 https://www.facebook.com/groups/430218374211579/ 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 See omnystudio.com/listener for privacy information.

Join in a LIVE property Q&A discussion with one of the UK’s most experienced investors. Take a seat at an intimate insider property session with Progressive Property co-founder and Mark My Words host, Mark Homer and discover his insider predictions on the UK property market, the shape of current investments, property price predictions and new legislation. If you’re looking to get a head start in property, this is the episode for you. KEY TAKEAWAYS: How difficult is it to raise the value of a certain area? Developers often do this when they develop a larger site. They will do all the infrastructure, road networks and landscaping which will lift the values. I have never seen anybody achieve that by doing it on an individual property by property basis.   How are you finding the market purchasing at the moment? I haven’t bought anything for the last six months, however, I do talk to many people. It depends where you are and what you’re looking for. I had some people telling me that the deal flow was really good at the moment. I think the possibility of a no-deal Brexit had ruined a lot of the sales up. If you’re finding it difficult, I would suggest looking at your supply lines. Get more agents, create leaflets and send them out once a month over the next six months. You should then find improvements in that area.   Can you see any new legislation coming out that will disrupt the market at all? The only thing I have seen was a planning appeal whereby a council told owners that they couldn’t use the property as C3, it is C1 so they required planning consent. Which I thought was bad, but people seem to be carrying on as normal. Other legislation such as section 21, meaning that you’re not going to evict tenants for any reason, it will have to be for misuse of the property or non-payment of rent. I believe there will be more selective or additional licensing and more enforcement. There are lots of changes to leasehold properties, the ground rent is going to be set at zero for new ones.   Are there any general tips you can give on making the transition to the next level up in property? You really need to end up with a margin on cost no lower than 20% once you’re at the end, which may be 30% when you’re starting out. I think it is a couple of units you can do with permitted developments, on your early ones it might be a good idea to go with a smaller unit and convert them. Sometimes you will have to pay more for those. It’s all in how much you buy it for, if you buy it cheap enough then you can almost go through this whole “university degree” with making all the mistakes through the project and come out the other end alright if you got it cheap enough.   I’ve got lots of agents interested in investment, how can I convince them to invest? Go and sit in front of every single agent at least once every two weeks. Try and get them out and have really strong relationships with them. They are having deals but they’re going in other directions. When you don’t get any results for three months, with leafleting and talking to agents just keep rolling. They have to get the leaflets through the door at least three or four times.     BEST MOMENTS “Get more agents, create leaflets and send them out once a month over the next six months.” “I think the possibility of a no-deal Brexit had ruined a lot of the sales” “You can make all the mistakes through the project and come out the other end alright if you got it cheap enough.”   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 See omnystudio.com/listener for privacy information.

It’s a very special crossover episode this week, entrepreneur, investor, and tax expert Shaz Nawaz returns to Mark My Words! Listen in where they discuss everything from current projects and deals, tax strategies that have worked, the ways in which business can serve the community, and some of the tax misconceptions that might be needlessly costing you money.   The whole conversation is presented for you today!      KEY TAKEAWAYS    A No-Money-Down strategy has worked for Shaz lately. He’s just begun a project involving the building of several properties in a development, without spending any of his own capital. They say “money down doesn’t work”, but Shaz and Mark are of a very different opinion.   Previously, there was no tax to pay on dividends until you used up your basic rate and that’s why people used a corporate partner. That’s also why the rules were changed in 2014.   Large corporates can be brought to places like Peterborough, because the students who study at the university there, are highly desirable in terms of hiring potential. This creates jobs, which in turn benefits the city.   Not everything can go right all the time. Sometimes things go wrong. You can’t prepare for every failure, but you can learn from them.   Shaz predicts that councils will soon own more of their own stock, and that housing-associations will diminish. The profit can then go back to the councils, which means more public spending, which is a complete win.   People should always look into as many tax reliefs os possible, especially hybrid reliefs. Shaz recommends that use of home office for your business can stretch to several rooms, and therefore be larger, if you are holding stock at your home.   Saving money through tax is far more economical for you. If you save £138,000 through your business, then you may only end up with half that due to those savings being taxed. But if you save that amount through tax, then it’s all yours.    BEST MOMENTS  ‘Money down doesn’t work - but obviously it does for you!’  ‘We can’t have our cake and eat it all of the time’   ‘You flatter. Not to deceive!’   ‘You create a circular economy’   ‘It’s reinvention in a different way’   ‘You shouldn’t let the tax tail wag the dog'     VALUABLE RESOURCES    Mark My Words Podcast - https://podcasts.apple.com/gb/podcast/mark-my-words-podcast/id1165370399     ABOUT THE GUEST Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.   Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultation he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.   He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.     You can find Shaz on:   Facebook
  LinkedIn
  Instagram
  YouTube.
  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 See omnystudio.com/listener for privacy information.

Don’t wait on the sideline for things to happen, get ahead of the game and make 2020 your year. If you’re looking for expert advice on property prices, interest rates and the state of the economy this episode is for you. Discover Mark’s top 5 predictions for 2020 and find your opportunity to make a profit.  KEY TAKEAWAYS Towards the end of 2020, we're going to see improvements in the economy. London has been falling 20%, 25%, 30% in some areas, you've got Kensington, Chelsea, Knightsbridge, they've all dropped, probably because they went too far, but also the fact that lots of foreign buyers have not been purchasing because they've been waiting on the sidelines for Brexit to happen. Rents will rise between 5% and 10%. In 2019 the government has attacked landlord, George Osborne introduced clause 24, stamp duty went up and there have been lots of new regulations for landlords. We can see all of this exacerbating, getting pushed into the marketplace and now we're seeing the results, there is less supply of rental property, there are fewer properties available to rent with slightly more or significantly more tenants chasing fewer properties and, therefore, the only thing that can happen is rents will rise. UK interest rates to remain flat through 2020 and we have had a surprise in the market today, in the economy got smaller by point .1%  (Nov 19), but because that surprised the market a little bit, the market has a greater expectation that interest rates may fall ever slightly at the next monetary policy committee meeting. However, I don't think you're going to get much movement at all in 2020. Banks will become more aggressive in 2020. At the end of 2019, we went into a period where banks got quite jittery, and that was because of the yield curve inverted. Classic car values have fallen over the past 3 years in the UK and it’s expected stop, however higher value cars will reduce in price and that will be a great investment strategy. 2020 we've got the US election Trump is running again. Things will probably move around significantly if he ends up going. He probably has created higher growth. People in the USA say, the amount of regulation on business and tax on business has reduced significantly and this is stoking growth. BEST MOMENTS “2020 may see a bit of growth in central enterprises.” “Whilst fewer landlords are looking to purchase, there are also plenty looking to dispose of their property portfolios as well because they can't necessarily go into a limited company or they see that licensing or regulation changes.” “If the government makes it more difficult to buy buy-to-let properties and put landlords off and tell them they're going to tax them more and the papers keep smashing them, fewer landlords to buy and more will look to dispose off their rental properties, therefore, there are fewer properties available, the same or more amount of tenants chasing them and thus prices to go up.” “Deflationary pressure comes about through lack of investment, lack of economic growth, and therefore, the government or the Bank of England is more likely, because they can't reduce interest rates anymore, they got nowhere to go, the only thing they can do is start printing money or creating bonds and then re-buying them increasing the money supply, which is called quantitative easing, or QE.” “In times of higher uncertainty, or where people are predicting a recession, people will throw money at US government bonds because they see it as the safest place to put the money.” “A lot of people would agree that a really good predictor of a recession is an inverted yield curve.” VALUABLE RESOURCES https://www.facebook.com/markprogressive 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 See omnystudio.com/listener for privacy information.

Tune in to hear two of the UK’s property experts discuss all things property. In today’s episode, your host, Mark Home interviews Experienced Investor, Best-Selling Author & Founder of Property Investing Network & CrowdProperty.com, Simon Zutshi. Mark and Simon discuss what they’ve been up to in the property world, the strategies they’re currently using, where to invest and how they both raise finance in very different and unique ways. Hear both Simon and Mark’s journey into property, how they started out and how they’re planning for the future. Listen and learn the insider secrets to successful UK property investing and take away with you the knowledge and advice of two of the most successful UK property millionaires.   KEY TAKEAWAYS Q&A With Simon Zutshi   How does cram property work? I think it's still quite interesting. Peer to peer lending and crowdfunding is still relatively new. I think most people in the UK might have heard of it, but haven't done it. And the UK is actually the pioneer of it. So about 6 years ago, I was at a business event. I always invest in myself. I always try to learn more. Getting around like-minded people. I was at an event which was kind of a future, a future trend something. And I was talking about peer-to-peer lending and crowdfunding. And I thought I didn't really know what it was. I'll explain that you people bring projects, said it might for a business or to raise money for a record or a new product, whatever it is. And the crowd come and fund it. And at that time, I was doing quite the size deals you are doing Mark but I was converting care homes up north into like 20 25 flats and things. And I was generally using my money and other people's money, which is one thing we teach people how to do. I believed that traditional banks who traditionally would fund developments. In the last couple of years, they are not seeking into… And they really wanna make you jump through the hoops… And I thought, there's gonna be an easier way. So, I was mainly funding things through private money. And I realized, I would like to build my 1 lending 50 grand to do my projects. A lot of people in my database didn't have that kind of money but would love to get a better return on their investment. So, I thought, could I solve two problems at the same time? Could I help developers who are struggling to get the debt part of their deals and then also help a normal consumer get much better on their money and all those activities regulated by the FCA? So we put together a peer-to-peer lending platform. And obviously, we've got lots of people who have done our training. And you are draining who are finding great deals. And then we help funds those deals, very very quickly. And actually, we are... no matter how we're funding. We have them two funding from the crowd. We also got a couple of institutions who put in money in as well. And it's a way of cutting out the bank, cutting out the middle man. So, this is effectively development finance... short term. It is kind of similar to bridging but much quicker and I think it's fast reliable finance. So, it is much quicker than bridging, why is that? Because what we do is... so people will come to us and they will say, "Well, I've got this great project." And in five minutes, they can fill in a form. Literally, 12 boxes. And within you say 24 hours, we can say, "Yes, we can find it or not." So very quickly to say and… We don't lend on a bad deal. It's gonna be a good deal. But the initial is just very quick. And then depending on if how organized the borrower is, we always get a Rics valuation before and after. And that's often the slowest thing. We can put someone on the platform. We promote out to all of our lenders. Typically things are funding in minutes. We're talking several hundred thousand pound. I think that 3-400 thousand is the average. We do anything from a hundred up to a couple of million. And so which is really fast. What does it cost to borrow money from you? So, it ranges from about 2-4% depending on the size of the loan. Ah no, that's the arrangement fee. And then the fees vary. You've obviously bought stuff. Isn't it mainly Birmingham? I was buying everywhere which is probably wasn't the best thing. I've got some things in my portfolio for the last couple of years. I've been selling it off. Always look where you live. Always start there. Maybe half an hour or so out from that, which is much easier. But then again, if you have a good network and reliable people, you can absolutely invest your money. We've got some people who trained with us, who invest from overseas. Yeah, because they set up a good power team. How he got into HMO. The first house, I bought in 95. And I rented it out. It was just right next to Birmingham University where I went to study. And I got a job at Capri's. And I rented the two rooms out to a friend's party because they didn't have flats in the area. They want to live in the area and as a student, I was quite socializing with other people. And I realized that the rent that they paid me covered the costs: my mortgage, my bills. So I saved all my salary. And had a part-time business when a student, I cover rents in Birmingham. That was a really good fun cash business. And so I had this money in my business bank account. And in 98, I bought my second property. And it was like 10 minutes closer to Capri's. My friends came live there, and my first house, I rented out. So I became a student/HMO landlord in 98. It was accidental, yeah. I thought I wanted to get into property but I didn't know it's going to be HMO. Return equity. So as the value goes up over time. If you sold that property. Assuming it's a rental, you have to pay some capital gains tax. How much money would you get out? And compare that to the cash flow you are getting now. Section 24, you just touched on it. And what are you doing about it? Section 24 is actually a very clever piece of legislation. I completely disagree with it. But it's very clever the way that they've done it because if you are a high-rate taxpayer, which most property investors are, you're gonna get covered basically. I don't know about you but I've spoken to a number of property specialists. And I find they all disagree on what should be done. So, I say to people, go and speak to a number of people, listen to what they say, and whoever you resonate with the most, that's probably the person to go with. So, I've chosen a particular root. I think it looks pretty good. Purchase list options. One of my favourite strategies is to purchase lease options. We can use those to take on a portfolio. Have a schedule of when we buy them over a number of years. The landlord can go sit on the beach and retire. And actually, they can maximize their capital gains allowance each year. And that particular strategy works incredibly well in this market. What are the strategies and stuff that you're doing now? You know I love HMOs though. And I think HMOs sometimes get a bit a bad press because I think in many cities, there is an oversupply of HMOs. But actually, they're very average standard HMOs and if you make yours slightly better, then the competitors, you should have no problem renting them out. And I think HMO is a recession-proof strategy because if time gets hard and people have to tighten their bills, they can't afford to live on their own, and a student as their part, they have to pay their bills as well. Actually, HMO is a form of cost-effective. So, I think in the right location, always a property, a good HMO should always rent out. Co-living, so what is your view on it? I have never done any unit bigger than 8. I've done a series of flats within a building. I'm probably not the best person to speak about it because I don't have an 18 or 20 bed one. I've got 40 rooms in a building but that’s all split into 6s. What is your view on service combinations? Service accommodation is obviously a very area sort of property specific and so I think if you wanna have a very profitable business but it really is more towards the business rather than sort of hands-free investment. We have quite a few trainers and loads of our delegate who do that. And I don't have the time to do that. We have a letting agency that manages all of our units. We have some service units, Rob and I, in the local area. And I reckon quite fear that our delegates do better than we do in terms of their milking profits. Probably because of the areas and because they are involved on the ground doing it every day. And they get paid to do it. It's not passive. But a great model, and certainly great for those people who, you know, maybe they’re in a job. They wanna leave their job. They wanna replace an income. They don't mind giving their time cause it's still only... a day a week. They're gonna be replacing their income from their job. Why the book is called “Property Magic.” So I call my book Property Magic because the analogy is that property if you don't know how it works. It could seem more mysterious and you don't know but when you know the secret, just like a magic trick, it is actually very straight forward. It's not easy, but it's straight forward. Just like Property Magic. That's the book. That's what it's all about. That's where it came from. In terms of the future now, where do you think we're headed? Where do you think we're going year 3 5 years now? So, I think generally the market has done very very well for the last 10 years since 2009. And I think that when you have a broom, you gotta have a little correction. I possibly don't think we're gonna see the same kind of crash as we have in 2008 and 2009... The banks are much smarter now, really controlling the lending. So different circumstances. But I think, seeing a dip probably is gonna happen as more and more landlords want to sell their property. Uncertainty, amateurs not knowing if they should go in or not because of all these things going on. Uncertain about if a different political party comes in. It might be “game change” for everyone.   BEST MOMENTS “Tell you what, all the stuff we bought miles away has not been as good as buying here in Peterborough. All the streets, we know. All the areas, we know. When there is an issue or there is a licensing or whatever, I know how to fix it because I learn all the stuff, all the locals and the regulations and all the... and then talked to the local agents, talked to the locals and everything. And I find a way through it though and when you're miles away. Well, if you're in 10 different areas… Investing close to where you live probably in your own country, where you understand the language, you understand the law, you understand the finances and tax. It's got to be the best thing." “When you're investing with money, you got to be so careful with your money. And boring is sometimes the best thing to do, isn't it?” “For me, that's what property is all about. You buy something, work once, get paid forever. ” “I think, every year, you should look at your portfolio. And when you buy something, my favourite measure is the return on investment. So how much do you put in? compared to how much is it generating for you. It's gonna be the best measure.” “I think a stretch of at least, selling at least one property a year, and getting your capital gains allowance. Your personal allowance. And then reinvesting that money in a better cash flow property.” “I really believe that if the paper is telling you one thing, maybe the opposite is true.” “Specialized knowledge means you can earn more money. That's what I do too.”   VALUABLE RESOURCES https://www.crowdproperty.com/ https://propertyinvestorsnetwork.co.uk/ 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 Simon Zutshi, experienced investor, successful entrepreneur, best-selling author, is widely recognised as the top Property investing Speaker in the UK. He became financially independent by the age of 32 having started to invest in 1995. Passionate about sharing his experience, Simon founded the property investor's network (www.pinmeeting.co.uk) in 2003 which has grown to become the largest property networking organisation in the UK, designed specifically to provide a supportive environment for people like you to network with and learn from other successful investors. Since 2003 Simon has taught thousands of entrepreneurs and business owners how to successfully invest in a tax-efficient way to create additional streams of passive income, give them more time to do the things they want to do and build their long-term wealth. CONTACT METHOD Facebook: https://www.facebook.com/OfficialSimonZutshi/ LinkedIn: https://www.linkedin.com/in/simonzutshi/ See omnystudio.com/listener for privacy information.

Tune in to hear the behind the scenes TV Q&A with Progressive Property Co-founder, Rob Moore. Listen in and learn all about Mark & Rob’s property journey from their first investment to growing one of the largest property investment companies and education businesses in the UK. If you’re looking to discover more about the traits of the greats and the characteristics of these two Property, business and entrepreneurial experts, this episode is for you.    What was the first property you purchase?  Mark: The first property I bought was a flat in a ski resort in Bulgaria off-plan and I lost 60-70% of the purchase price. After this, I bought a property in Hampton and flipped it when the price was right making roughly 15K but I could have made more had I not purchased a new build. Often the worst looking properties yield the highest returns.  Rob: 26 Eyeroad, and I still own it today. My Dad helped me out with the deposit and when I become financially free I gave it back to them and they still live there today, mortgage-free.    What is your work ethic?  Rob: I have a fear-based work ethic and believe you have to ‘make hay while the sun shines’ because there are always bad times around the corner and you can be blind-sided easily. I want to take advantage and grow while we can and set ourselves up into a position where we can thrive even if we’re not earning  Mark:  My work ethic comes in waves depending on what’s going on. There are times where it can be intensive for long periods of time and my job isn’t the same every day as I’m generally solving problems and issues day by day as they come along. I’ve tried to build most of what I do with an automatic degree of leverage.    What milestone are you most proud of?  Rob: Winning business of the year 2016, breaking the public speaking world records and raising the hundreds of thousands of pounds for charity and each time Mark and I have reached 50, 100, 150 properties or certain levels of income and bringing our letting agency inhouse are nice milestones also. I couldn’t pick one as I believe we still have lots to come.  Mark: For me getting the Guinness world records and publishing our first books with international publisher Hatchet, we’ve also had the Independent, Financial Times and the Guardian write news articles on us. Additionally developing the new bigger building is a great milestone, right now it’s the old Marks & Spencers building where we’re building 99 apartments. Also some of the training programmes we’ve run in the Carribean, the super conference and having guests such as Lord Sugar, Bob Geldof, Grant Cardone etc.     Describe your property portfolio?  Mark: Our portfolio is broken up into different constituents and it depends where you are in the timeline to evaluate it. Our investing timeline is fairly linear so if you look at the terraced houses it’s often the ones we’ve purchased in the beginning and from there multi-lets, HMO’s and houses and subsequently into commercial conversion buildings and the scale has grown over time.   Rob: Our portfolio has been a journey and generally we’ve reacted to the market and jump on opportunities for example with permitted development etc. We’ve always tried to buy property locally and never selling a property as long as it works and we have kept 95% of our portfolio.     What do you do on an average day?  Rob: I get up at about 5 and get all of my important stuff done by 8, I’ll then go to the gym and when I can I’ll come into the office with meetings in the morning. We often travel to do the podcast and I’m also trying to add more fun things in my life. My average day is routined but I like to keep a variety.  Mark: I get up at 7 and crack on at home and often come into the office later but stay until around 6. I’m also away at onsite developments.     What’s the biggest risk you’ve taken in property?  Mark: Property wise it’s probably the commercial development of 99 apartments we’re doing at the moment. GDV is north of 20 million. Usually, when I’m borrowing money it’s first-charge only. There’s times when I’ve been worried about cashflow and liquidity but we like to stockpile cash.  Rob: We haven’t taken too many risks and I’d be embarrassed and ashamed if we went bust and I’m not prepared to do it so we take fewer risks and think long-term.      What are your business plans for next year?  Rob: We’re probably not going to buy a load more property projects but there will always be one block or so a year and in terms of the education business we’ve just merged everything under ‘Progressive’ and I want to grow it more in the coming year and take it to the global stage.     What’s your view on the right-to-buy scheme?  Mark: Right to buy is something that Thatcher brought in and it’s been a good thing with loads of tenants having the opportunity to purchase their property from the council. It’s been great for quite a few people but those that have less financial knowledge have ended up re-mortgaging and their property has been repossessed. Maybe a right-to-buy scheme with enforced financial education would be even better.    What’s your lifestyle like?  Mark: It’s different and varied depending on the time of year but I’ve got a few weekends back which is pretty cool and with 3 or 4 holidays a year it’s great. It’s all about spending time with my son and my wife. I also go to a lot of events and try to do things I’ve not done before.   Rob: I really enjoy writing, creating content, writing books and connecting online. Golf with my son is also huge we’ve competed at multiple tournaments around the world but work and what I love are pretty much the same.     BEST MOMENTS  “It’s very important to have multiple streams of income”  “In the North, you’ll find lots of properties where the capital value is lower but the rent is no lower so the yield is actually higher.”  “The property I purchased in Bulgaria was an expensive entry fee into property”  “You do this for the money but realise you need to have fun too”    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  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”   CONTACT METHOD  Rob’s official website: https://robmoore.com/  Facebook: https://www.facebook.com/robmooreprogressive/?  LinkedIn: https://uk.linkedin.com/in/robmoore1979        See omnystudio.com/listener for privacy information.

Car hire and leasing can expensive and getting out of a contract early can be difficult especially if you don’t know what type of contract you’re entering into. In today’s episode, Mark dives into the details of car leasing, contract hire and PCP contracts and explains the most cost-effective way of controlling, owning or renting your vehicle.  KEY TAKEAWAYS  Contract (leasing) hire - the term contract is interchangeable with leasing and is a fixed agreement, usually 24,36 or 48 months and you are expected to fulfil the contract. Essential the monthly payment has been calculated over many months. Therefore if you’re looking to end the agreement early you will usually have to pay 50% of the remaining rentals if you’re looking to give the car back early. The disadvantage of contract hire is that they are not particularly flexible. If you’re concerned about ending your contract hire seek advice from the supplying dealer or credit broker to offer a shorter agreement.   PCP (Personal Contract) Hire- At the end of the contract you either pay the remaining value of ‘balloon’ payment, you sell the vehicle or you return it. Should you wish to end the agreement early the common agreement is to pay 50% of the remaining rentals or return the vehicle to the finance company. With PCP you are able to enter into a process called voluntary termination giving you the option to return the vehicle to the company when you’ve paid 50% of the amount payable or more. This can be referred to as the rules of halves and thirds.   Many car lease agreements have a buy-out option and will usually credit a percentage of the lease payment towards that purchase and is commonly least expensive way of getting out of a car lease. In order for it to make sense the resale value of the car needs to be equal or more than the buy-out value of the car. However, if you’re looking to get out of your lease so that you can purchase a new car be careful re-entering into another agreement especially with the same dealership as they will roll over outstanding payments on your old agreement into a new finance agreement.     BEST MOMENTS  “With a contract hire You will usually have to pay 50% of the remaining rentals. From my experience, they will try to make you pay all of them.”  “Car dealers love nothing more than for old customers to come back in and purchase a new car as they will make money on the old sale and the new one”  “Get everything down on a spreadsheet to work out the total cost to get in and out of these leases”  “Focus on the P&L and APR before purchasing a car”  “Dealers love talking about monthly payments”  VALUABLE RESOURCES  Centralleasing.com Appliedleasing.com  Leasing.com  Freedomleasing.com  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   See omnystudio.com/listener for privacy information.

Go behind the scenes and join two experienced property investors discuss the property market, their current deals and developments, planning permission and proven property strategies working right now in today’s market. Listen in and hear Marks in-depth discussion with Chattered Surveyor, Serial Property Investor & Master Class Trainer, Peter Jones.    KEY TAKEAWAYS  Mark: How have you been growing your portfolio?  Peter: Traditionally I’ve been investing in the North East but more recently I’ve purchased a plot of land which we were planning to build 5 terraced housing but due to some issues with planning that have taken over 2 ½ years to go through we have finally been settled on 3 bungalows with actually will generate us the same amount of profit and are cheaper to build so currently we’re now applying to remove the conditions and should have the foundations in before Christmas. The goal now is to have 2 or 3 projects running at the same time because of how long planning can take to go through.     Mark: What investments have you been doing?  Peter: As you know I owned one flat in a block of fourteen and it was a disaster, all fourteen were rented out and none of the owners could agree and it the whole block started to deteriorate so I was planning to sell. But in the end, I managed to get acquire four more flats and convince the other owners to secure the plot with a fence and make the area a lot nicer. Additionally to this, I have also been investing with my son-in-law in properties around Nottingham, mainly single-lets following the BRRR model.       BEST MOMENTS“The whole planning system is a game and you just need to know more ways round”  “More recently it’s taken me over 18 months to get planning consent”   “The goal now is to have 2 or 3 projects running at the same time because of how long planning can take to go through”  “Capital values have been rising in certain areas and the Midlands and the North are still playing catch-up to London price rises”  “The property market is like a rollercoaster and property prices follow a ripple effect”    VALUABLE RESOURCES  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  Peter Jones is a Chartered Surveyor, an author and a serial buy to let property investor. He has been involved in property for over 30 years having graduated from the College of Estate Management, Reading University, and then qualifying as an Associate Member of the Royal Institution of Chartered Surveyors in 1983, before being elected a Fellow in 1992.  By the age of 35, he was a Salaried Partner in a well-respected firm of Chartered Surveyors and was managing partner of their West End of London Office. His speciality was commercial property but during the recession of the 1990s his specialisation became redundant, and so did he  CONTACT METHOD  http://www.thepropertyteacher.co.uk/  ThePropertyTeacher@gmail.com      See omnystudio.com/listener for privacy information.