No Money? No Problem! Kicking Off Your Property Empire

No Money? No Problem! Kicking Off Your Property Empire

Author: Kevin McDonnell June 25, 2024 Duration: 30:35
Kevin shares his expertise on starting a property empire with no money down. He challenges conventional wisdom, debunks common excuses, and reveals how anyone can kickstart their property journey, regardless of their financial situation.  KEY TAKEAWAYS  No Money Down is not just a technique, but a mindset and way of life that allows investors to scale their property portfolio without using their own funds. The CREST model (Credibility, Return, Exit, Security, Trust) is crucial for raising money and building successful property deals. Having money can be a disadvantage in property investing, as it can lead to analysis paralysis and missed opportunities. Surrounding yourself with the right people and changing your environment is essential for success in property investing. There are numerous No Money Down techniques, such as rent-to-rent, lease options, and vendor finance, that can be used to acquire properties. Focus on creating passive income streams from property to fund lifestyle expenses, rather than relying on earned income from a job. BEST MOMENTS   "No money down doesn't mean no money. No money down is a way of life. No money down is a change of thinking." "I spent a bit of time doing what most people won't. So I can spend the rest of my life living how most people can't." "Most people make excuses instead of making money. And the thing is, you can only have one of them. It's which one you choose." "Money has never been the obstacle. It's all about the knowledge of what techniques to use and how." VALUABLE RESOURCES MSOPI – Multiple Streams of Income: https://www.progressiveproperty.co.uk https://kevinmcdonnell.co.uk ABOUT THE HOST Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.   CONTACT METHOD https://www.facebook.com/kevinMcDonnellProperty/ https://kevinmcdonnell.co.uk/ TikTok: https://www.tiktok.com/@progressiveproperty YouTube: https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g Twitter: https://twitter.com/progperty LinkedIn: https://www.linkedin.com/company/progressiveproperty Instagram: https://www.instagram.com/progressiveproperty/ Facebook Community: https://www.facebook.com/groups/progressivepropertycommunity Facebook Page: https://www.facebook.com/Progperty progressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

Hosted by investor and educator Kevin McDonnell, The Progressive Property Podcast is a regular source of actionable strategies for navigating the UK property market. This isn't about generic theory; it’s a practical resource dissecting the methods that work for building a portfolio, from foundational principles to advanced scaling techniques. You’ll hear detailed discussions on buy-to-let, flipping properties, and creative strategies like deal packaging, all aimed at constructing multiple streams of property income. The focus is on leveraging knowledge-and often other people's capital-to build assets, emphasising how to move forward effectively even if your own starting capital is limited. Each episode is designed to condense years of experience, helping you avoid common pitfalls and make informed, strategic decisions that save both time and money. For anyone serious about property investment, from taking the first step to systematising a large-scale operation, this podcast serves as a direct line to the nuanced knowledge required for long-term financial freedom. Tune in for candid conversations that cut through the noise, offering the specific skills and confidence needed to progress in the complex world of real estate investment.
Author: Language: en-gb Episodes: 100

The Progressive Property Podcast
Podcast Episodes
Top Five Mistakes New Starters Make When Starting in Property [not-audio_url] [/not-audio_url]

Duration: 12:06
Become a part of the Progressive Property refer-a-friend scheme and Earn up to £250 when someone attends one of our events – you can enrol here: https://www.progressiveproperty.co.uk/raf/ If you are hungry, ambitious and…
How Can You Get Onto the UK Property Ladder? [not-audio_url] [/not-audio_url]

Duration: 14:05
Today Sean visits Kensington, the wealthiest borough in the UK, where million‑pound homes are standard and property prices sit at around ten times the national average. On the streets of West London, he stops everyday pe…
The UK´s Property Tax Tsunami – How to Thrive Despite It [not-audio_url] [/not-audio_url]

Duration: 13:40
Become a part of the Progressive Property refer-a-friend scheme and Earn up to £250 when someone attends one of our events – you can enrol here: https://www.progressiveproperty.co.uk/raf/ Get ready for the most sweeping…
HMRC Connect AI Audit [not-audio_url] [/not-audio_url]

Duration: 12:17
Become a part of the Progressive Property refer-a-friend scheme and Earn up to £250 when someone attends one of our events – you can enrol here: https://www.progressiveproperty.co.uk/raf/ HMRC is cracking down harder. Th…