No Money? No Problem! Kicking Off Your Property Empire episode artwork

EPISODE · Jun 25, 2024 · 30 MIN

No Money? No Problem! Kicking Off Your Property Empire

from The Progressive Property Podcast · host Kevin McDonnell

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/

Episode metadata supplied by the publisher feed · Published Jun 25, 2024

Embed this episode

NOW PLAYING

No Money? No Problem! Kicking Off Your Property Empire

0:00 30:35

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

No similar podcasts found.

Frequently Asked Questions

How long is this episode of The Progressive Property Podcast?

This episode is 30 minutes long.

When was this The Progressive Property Podcast episode published?

This episode was published on June 25, 2024.

Can I download this The Progressive Property Podcast episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!