Property Mechanic's Education Drive: Never Give Up! A Conversation with Mark Akerman
Description
Mark is a property investor based in Plymouth. He joins the show to talk to Kevin about his property journey, including what he was doing previously and his current projects. Mark’s investment journey hasn’t been linear, and he shares with Kev the lessons he learnt and how Progressive Property training has aided him in transforming his portfolio.
KEY TAKEAWAYS
Mark first started investing in property 20 years ago, but his progress hasn’t been straightforward, one of his first properties remained in negative equity for years after purchase.
Mark wasn’t educated about adding value or how to be an effective property investor and landlord. This education has transformed the way he approaches his property business and investments.
Adding value was one of the first and most important lesson Mark learnt from Progressive. It’s about recycling your money and being able to build growth.
When buying off-plan, you will always overpay.
No money down and HMOs resonated with Mark so these are the strategies he began to invest in.
In 26 months, Mark has done 9 deals, which is more than one deal every 12 weeks!
One of Mark’s proven strategies is sending out letters to potential landlords and investors.
BEST MOMENTS
"I’ve always had a passion for property”
“If you want to be a property investor you should be adding value, recycling your money”
“It wasn’t that property was bad it was just I was bad at it”
“As entrepreneurs, we will never be happy with what we’ve got”
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