Toni Gargan takes over the Progressive Property Podcast and interviews good friend Halstead Otley, a long-time property investor and host of the Ipswich PPN. They discuss Halstead's journey from working in retail to building a substantial property portfolio, including the challenges he faced with high-interest rates in the 1990s. Halstead shares insights on different strategies like buy-to-let, HMOs, and commercial, emphasising the importance of education and taking action.
KEY TAKEAWAYS
BEST MOMENTS
"I didn't come from money. And I want to show other people and help other people who haven't got money that that shouldn't be why you don't do it."
"Because property has allowed me the freedom that I've got, you know, the financial freedom that I've got, that I can do what I want, when I want, with whom I want."
"I think that buy to lets, over time, will be the best cash flow and asset you can have."
"Once the commercial buildings get built and we're doing the storage containers, once they're up and running, I think I'd like to do more of that."
"I stayed at home, and I just got a sheet of paper, and I just brainstormed."
VALUABLE RESOURCES
MSOPI – Multiple Streams of Income:
https://www.progressiveproperty.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/
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