Description
Kev is joined by social media expert and property investor Scott Wroe in this episode. They talk about strategies anyone can follow to flip houses as well as the unique ways you can leverage social media in your property investing business.
KEY TAKEAWAYS
Scott’s parents were flipping houses throughout his childhood. He is only 27 but has lived in 30 houses!
Scott focuses on the cheapest house on an average street.
If you are starting out, don’t buy houses that need any major work, instead focus on things that need updating cosmetically.
Look for a mentor to guide you and prevent you from making expensive mistakes.
After just two deals, Scott made a 70k profit.
As Scott grew, he started using contractors and even established deals with kitchen suppliers via social media.
You would be surprised how easily brands want to gift items and products to 'house' accounts, you only need a 30k following to get noticed.
BEST MOMENTS
"It’s knowing the difference between expensive things and things that are going to cheap [to rectify]”
“I think they could be much more successful by attending one of your courses”
“I made 40k on the first one, I was 20”
“It was so much easier having other people doing the work because then I could be doing other things”
“People will literally gift you anything”
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/
In this episode of the Progressive Property Podcast, Kevin discusses everyone’s most hated topic, Tax! There are new tax changes incoming, and here is what you need to know. Do not fear, there have always been tax changes and people have ALWAYS made money, the key is to roll with the punches and...
Published 11/19/24
How can you flip properties easily and successfully? Listen in to this episode to hear Kevin’s 7 tips of flipping properties for profit. If you are new to this area or have only done one or two property deals this is the perfect episode for you.
Discover how tens of thousands of ordinary brits...
Published 11/12/24