Kevin shares some of his YouTube content in this episode, to help you in your property journey and save you from making mistakes. Kevin explores the topic of freehold -vs- leasehold properties, whether you should invest in either or both and outlines the key differences you need to be aware of as a property investor.

KEY TAKEAWAYS 
When you buy a freehold it means you are buying the property and the land it is on.
With a leasehold, you lease the land. This means as well as a mortgage to pay you also have service charges.
With leasehold, you may be expected to pay for things that are external as well as internal, anything external is a joint responsibility between you and the leaseholder.
Short leases, under 75 years, are hard to mortgage and start to devalue.
You can get creative with leasehold properties and make money in ways you can’t do with freehold.
You need to be the expert and work out your profit yourself, make sure you always include additional fees, estate agents might not include these.

BEST MOMENTS  

“As long as that mortgage is paid, that freehold property is yours”

“Leasehold properties are typically, blocks of flats”

“When you buy a leasehold property make sure you know what you’re buying” 

“The benefits far outweigh owning freehold property because it is always yours”

“Be very careful of leasehold property, where you do your numbers wrong!”

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

Kevin shares some of his YouTube content in this episode, to help you in your property journey and save you from making mistakes. Kevin explores the topic of freehold -vs- leasehold properties, whether you should invest in either or both and outlines the key differences you need to be aware of as a property investor.
KEY TAKEAWAYS 
<ul>
<li>When you buy a freehold it means you are buying the property and the land it is on.</li>
<li>With a leasehold, you lease the land. This means as well as a mortgage to pay you also have service charges.</li>
<li>With leasehold, you may be expected to pay for things that are external as well as internal, anything external is a joint responsibility between you and the leaseholder.</li>
<li>Short leases, under 75 years, are hard to mortgage and start to devalue.</li>
<li>You can get creative with leasehold properties and make money in ways you can’t do with freehold.</li>
<li>You need to be the expert and work out your profit yourself, make sure you always include additional fees, estate agents might not include these.</li>
</ul>
BEST MOMENTS  
“As long as that mortgage is paid, that freehold property is yours”
“Leasehold properties are typically, blocks of flats”
“When you buy a leasehold property make sure you know what you’re buying” 
“The benefits far outweigh owning freehold property because it is always yours”
“Be very careful of leasehold property, where you do your numbers wrong!”
VALUABLE RESOURCES
<a href="https://www.progressiveproperty.co.uk/offers/msopi-property-investing-event-tc-ggl/?gclid=Cj0KCQiAjc2QBhDgARIsAMc3SqR7wMwLKFciEZbG8Jn8hUh2CDX2xN7HrF-DQJohHHG6d7DTUEnSaVYaAnatEALw_wcB">MSOPI – Multiple Streams of Income:</a>
<a href="https://www.progressiveproperty.co.uk/">https://www.progressiveproperty.co.uk</a>
<a href="https://kevinmcdonnell.co.uk/">https://kevinmcdonnell.co.uk</a>
ABOUT THE HOST
Kevin McDonnell is a Speaker, Author, Mentor &amp; 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
<a href="https://www.facebook.com/kevinMcDonnellProperty/">https://www.facebook.com/kevinMcDonnellProperty/</a>
<a href="https://kevinmcdonnell.co.uk/">https://kevinmcdonnell.co.uk/</a>
TikTok: <a href="https://www.tiktok.com/@progressiveproperty">https://www.tiktok.com/@progressiveproperty</a>
YouTube: <a href="https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g">https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g</a>
Twitter: <a href="https://twitter.com/progperty">https://twitter.com/progperty</a>
LinkedIn: <a href="https://www.linkedin.com/company/progressiveproperty">https://www.linkedin.com/company/progressiveproperty</a>
Instagram: <a href="https://www.instagram.com/progressiveproperty/">https://www.instagram.com/progressiveproperty/</a>
Facebook Community: <a href="https://www.facebook.com/groups/progressivepropertycommunity">https://www.facebook.com/groups/progressivepropertycommunity</a>
Facebook Page: <a href="https://www.facebook.com/Progperty">https://www.facebook.com/Progperty</a>

The Progressive Property Podcast helps you make smarter property & real estate investments, for leveraged property success & financial freedom, even with little or no money down. Whether you're a buy & hold investor, flipper, deal packager, multi-letter, want to get started, scale up, systemise or create multiple streams of property income, the Progressive Property Podcast will save you time & mistakes & help grow your knowledge, skills, & confidence. No fluff or filler, no ads and deep-dive real life information from real-deal investors who have some of the UKs largest portfolios. Interviews with millionaires, billionaires & successful real life Progressive Property community members will help you build your income generating portfolio in less time. Invest for freedom, choice & profit.

The Progressive Property Podcast

Progressive Property Podcast

Freehold VS Leasehold | What is The Difference And Which Should You Buy?

Kevin engages in a thought-provoking debate with tenant Alana Jackson James. They explore the complex relationship between landlords and tenants, discussing rent increases, costs, and the challenges both parties face. Kevin also shares invaluable insights into the property market, government policies, and the importance of financial education.

KEY TAKEAWAYS 
Landlords are not simply raising rents to increase profits; they are facing significantly higher costs due to interest rate hikes and maintenance expenses, often only passing a small percentage of these increases onto tenants.
The government benefits from higher property prices through increased taxes, such as inheritance tax, capital gains tax, and stamp duty, while landlords and tenants struggle with affordability.
Landlords play a crucial role in providing housing for those who cannot or do not want to buy, and removing them from the market would lead to a severe shortage of available homes.
The government and media often use the landlord-tenant debate as a vote-winning strategy, distracting from the real issues and lack of effective solutions to the housing crisis.
Financial education is essential for both tenants and aspiring property owners to make informed decisions and create a stable future, as the school system fails to provide this crucial knowledge.
Empty homes owned by councils could be a key solution to the housing shortage, but there seems to be a lack of political will to address this issue effectively.

BEST MOMENTS  

"Higher rents does not make me more money as a landlord. Very simple thing. Higher rents are because of higher costs." 

"The system does not teach us financial education in school. And they don't teach us financial education in school because they don't want you financially educated." 

"Attack the easy person to hit. It's like the bully in the playground, go for the little guy. So let's attack the little guy." 

"Too many people are too book-smart and not street-smart. And what that means is they get stuck in a job exactly in the system the government want you in. Yeah, giving you enough every month to survive but not enough to thrive."

"Cheaper prices, cheaper rents. Cheaper interest rates, same profit margin, solved the problem. But who actually needs higher prices? The government. The government need higher prices. Why? Because they get a tax for higher stamp, higher price, more stamp duty. Higher price, more capital gains tax. Higher price, more inheritance tax."

"Sometimes you have to do what you don't want to do so you can do what you want to do.I worked really hard doing what most people won't so that I can spend the rest of my life living how most people can't."

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

Kevin engages in a thought-provoking debate with tenant Alana Jackson James. They explore the complex relationship between landlords and tenants, discussing rent increases, costs, and the challenges both parties face. Kevin also shares invaluable insights into the property market, government policies, and the importance of financial education.
KEY TAKEAWAYS 
<ul>
<li>Landlords are not simply raising rents to increase profits; they are facing significantly higher costs due to interest rate hikes and maintenance expenses, often only passing a small percentage of these increases onto tenants.</li>
<li>The government benefits from higher property prices through increased taxes, such as inheritance tax, capital gains tax, and stamp duty, while landlords and tenants struggle with affordability.</li>
<li>Landlords play a crucial role in providing housing for those who cannot or do not want to buy, and removing them from the market would lead to a severe shortage of available homes.</li>
<li>The government and media often use the landlord-tenant debate as a vote-winning strategy, distracting from the real issues and lack of effective solutions to the housing crisis.</li>
<li>Financial education is essential for both tenants and aspiring property owners to make informed decisions and create a stable future, as the school system fails to provide this crucial knowledge.</li>
<li>Empty homes owned by councils could be a key solution to the housing shortage, but there seems to be a lack of political will to address this issue effectively.</li>
</ul>
BEST MOMENTS  
"Higher rents does not make me more money as a landlord. Very simple thing. Higher rents are because of higher costs." 
"The system does not teach us financial education in school. And they don't teach us financial education in school because they don't want you financially educated." 
"Attack the easy person to hit. It's like the bully in the playground, go for the little guy. So let's attack the little guy." 
"Too many people are too book-smart and not street-smart. And what that means is they get stuck in a job exactly in the system the government want you in. Yeah, giving you enough every month to survive but not enough to thrive."
"Cheaper prices, cheaper rents. Cheaper interest rates, same profit margin, solved the problem. But who actually needs higher prices? The government. The government need higher prices. Why? Because they get a tax for higher stamp, higher price, more stamp duty. Higher price, more capital gains tax. Higher price, more inheritance tax."
"Sometimes you have to do what you don't want to do so you can do what you want to do.I worked really hard doing what most people won't so that I can spend the rest of my life living how most people can't."
VALUABLE RESOURCES
<a href="https://www.progressiveproperty.co.uk/offers/msopi-property-investing-event-tc-ggl/?gclid=Cj0KCQiAjc2QBhDgARIsAMc3SqR7wMwLKFciEZbG8Jn8hUh2CDX2xN7HrF-DQJohHHG6d7DTUEnSaVYaAnatEALw_wcB">MSOPI – Multiple Streams of Income:</a>
<a href="https://www.progressiveproperty.co.uk/">https://www.progressiveproperty.co.uk</a>
<a href="https://kevinmcdonnell.co.uk/">https://kevinmcdonnell.co.uk</a>
ABOUT THE HOST
Kevin McDonnell is a Speaker, Author, Mentor &amp; 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
<a href="https://www.facebook.com/kevinMcDonnellProperty/">https://www.facebook.com/kevinMcDonnellProperty/</a>
<a href="https://kevinmcdonnell.co.uk/">https://kevinmcdonnell.co.uk/</a>
TikTok: <a href="https://www.tiktok.com/@progressiveproperty">https://www.tiktok.com/@progressiveproperty</a>
YouTube: <a href="https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g">https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g</a>
Twitter: <a href="https://twitter.com/progperty">https://twitter.com/progperty</a>
LinkedIn: <a href="https://www.linkedin.com/company/progressiveproperty">https://www.linkedin.com/company/progressiveproperty</a>
Instagram: <a href="https://www.instagram.com/progressiveproperty/">https://www.instagram.com/progressiveproperty/</a>
Facebook Community: <a href="https://www.facebook.com/groups/progressivepropertycommunity">https://www.facebook.com/groups/progressivepropertycommunity</a>
Facebook Page: <a href="https://www.facebook.com/Progperty">https://www.facebook.com/Progperty</a>

Tennant Vs Landord - A Podcast Showdown

Kevin is interviewed about his new book, "Cash in a Property Crash". Kevin shares critical insights on the current state of the UK property market, predicting a significant crash following the election. He reveals strategies for investors to not only survive but thrive during this downturn, and talks about the importance of education and creative thinking in property investing.

KEY TAKEAWAYS 
The UK is in a property market correction and heading towards a crash, with many people struggling to afford their mortgages due to rising interest rates.
Financing property deals is more about mindset than actual money; the wealthy control debt and leverage other people's money and properties.
Property investing should be treated as a business, focusing on building a portfolio during a crash rather than saving for a single property.
The system is designed to keep people in the middle class, paying taxes, and unaware of financial strategies used by the wealthy.
Creative property investing techniques, such as lease options and vendor financing, can help investors acquire properties with little to no money down.
Self-education is crucial for building wealth, as formal education primarily prepares people for jobs and paying taxes.

BEST MOMENTS  

The great thing about property is anybody can do it. The jobs you do today are probably a lot more difficult than property." 

"The system doesn't survive without the middle class. And the system doesn't want people to be financially savvy, because if they're financially savvy, then they'll stop paying the taxes

"I didn't put any money into my office deal, but on my home, I didn't just do my home with no money. My home, I was paid to purchase it." 

"Self-education makes you a fortune. Formal education makes you a living." 

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

Kevin is interviewed about his new book, "Cash in a Property Crash". Kevin shares critical insights on the current state of the UK property market, predicting a significant crash following the election. He reveals strategies for investors to not only survive but thrive during this downturn, and talks about the importance of education and creative thinking in property investing.
KEY TAKEAWAYS 
<ul>
<li>The UK is in a property market correction and heading towards a crash, with many people struggling to afford their mortgages due to rising interest rates.</li>
<li>Financing property deals is more about mindset than actual money; the wealthy control debt and leverage other people's money and properties.</li>
<li>Property investing should be treated as a business, focusing on building a portfolio during a crash rather than saving for a single property.</li>
<li>The system is designed to keep people in the middle class, paying taxes, and unaware of financial strategies used by the wealthy.</li>
<li>Creative property investing techniques, such as lease options and vendor financing, can help investors acquire properties with little to no money down.</li>
<li>Self-education is crucial for building wealth, as formal education primarily prepares people for jobs and paying taxes.</li>
</ul>
BEST MOMENTS  
The great thing about property is anybody can do it. The jobs you do today are probably a lot more difficult than property." 
"The system doesn't survive without the middle class. And the system doesn't want people to be financially savvy, because if they're financially savvy, then they'll stop paying the taxes
"I didn't put any money into my office deal, but on my home, I didn't just do my home with no money. My home, I was paid to purchase it." 
"Self-education makes you a fortune. Formal education makes you a living." 
VALUABLE RESOURCES
<a href="https://www.progressiveproperty.co.uk/offers/msopi-property-investing-event-tc-ggl/?gclid=Cj0KCQiAjc2QBhDgARIsAMc3SqR7wMwLKFciEZbG8Jn8hUh2CDX2xN7HrF-DQJohHHG6d7DTUEnSaVYaAnatEALw_wcB">MSOPI – Multiple Streams of Income:</a>
<a href="https://www.progressiveproperty.co.uk/">https://www.progressiveproperty.co.uk</a>
<a href="https://kevinmcdonnell.co.uk/">https://kevinmcdonnell.co.uk</a>
ABOUT THE HOST
Kevin McDonnell is a Speaker, Author, Mentor &amp; 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
<a href="https://www.facebook.com/kevinMcDonnellProperty/">https://www.facebook.com/kevinMcDonnellProperty/</a>
<a href="https://kevinmcdonnell.co.uk/">https://kevinmcdonnell.co.uk/</a>
TikTok: <a href="https://www.tiktok.com/@progressiveproperty">https://www.tiktok.com/@progressiveproperty</a>
YouTube: <a href="https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g">https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g</a>
Twitter: <a href="https://twitter.com/progperty">https://twitter.com/progperty</a>
LinkedIn: <a href="https://www.linkedin.com/company/progressiveproperty">https://www.linkedin.com/company/progressiveproperty</a>
Instagram: <a href="https://www.instagram.com/progressiveproperty/">https://www.instagram.com/progressiveproperty/</a>
Facebook Community: <a href="https://www.facebook.com/groups/progressivepropertycommunity">https://www.facebook.com/groups/progressivepropertycommunity</a>
Facebook Page: <a href="https://www.facebook.com/Progperty">https://www.facebook.com/Progperty</a>

Cash in a Property Crash - Why is NOW the right time to get into Property

In this episode, Jackie Gammage joins Kev to share her knowledge and insight into property management. Jackie talks about her journey into property including the mistakes she has made. She also offers invaluable advice on mindset and skillset and talks about why everyone can benefit from the value of their own transferable skills.

KEY TAKEAWAYS 
Jackie found it difficult to get started in property. She now recognises this was because of her own mindset. She was risk-averse and fuelled with fear which prevented her from taking action.
It’s easy to get stuck in life, to stay comfortable. But not taking action prevents us from moving forward and achieving what we want.
You will already have some of the skills needed to become a property investor, you just need to work out what they are and then build upon the areas where you need to learn.
To achieve what you want you need to focus on it daily, create the steps and plan needed to make it happen.
Surround yourself with people who have similar aspirations.
Read and learn as much as possible to improve your mindset and self-awareness.

BEST MOMENTS  

"I found that the more senior I got the less fulfilled I was becoming”

“The fear of going into something new stopped me from taking action”

“We’ve all got transferable skills and we don’t realise it”

“Who is the person I have to become to get what I want?”

“You become your environment”

VALUABLE RESOURCES

https://www.facebook.com/jackie.gammage.9

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

In this episode, Jackie Gammage joins Kev to share her knowledge and insight into property management. Jackie talks about her journey into property including the mistakes she has made. She also offers invaluable advice on mindset and skillset and talks about why everyone can benefit from the value of their own transferable skills.
KEY TAKEAWAYS 
<ul>
<li>Jackie found it difficult to get started in property. She now recognises this was because of her own mindset. She was risk-averse and fuelled with fear which prevented her from taking action.</li>
<li>It’s easy to get stuck in life, to stay comfortable. But not taking action prevents us from moving forward and achieving what we want.</li>
<li>You will already have some of the skills needed to become a property investor, you just need to work out what they are and then build upon the areas where you need to learn.</li>
<li>To achieve what you want you need to focus on it daily, create the steps and plan needed to make it happen.</li>
<li>Surround yourself with people who have similar aspirations.</li>
<li>Read and learn as much as possible to improve your mindset and self-awareness.</li>
</ul>
BEST MOMENTS  
"I found that the more senior I got the less fulfilled I was becoming”
“The fear of going into something new stopped me from taking action”
“We’ve all got transferable skills and we don’t realise it”
“Who is the person I have to become to get what I want?”
“You become your environment”
VALUABLE RESOURCES
<a href="https://www.facebook.com/jackie.gammage.9">https://www.facebook.com/jackie.gammage.9</a>
<a href="https://www.progressiveproperty.co.uk/offers/msopi-property-investing-event-tc-ggl/?gclid=Cj0KCQiAjc2QBhDgARIsAMc3SqR7wMwLKFciEZbG8Jn8hUh2CDX2xN7HrF-DQJohHHG6d7DTUEnSaVYaAnatEALw_wcB">MSOPI – Multiple Streams of Income:</a>
<a href="https://www.progressiveproperty.co.uk/">https://www.progressiveproperty.co.uk</a>
<a href="https://kevinmcdonnell.co.uk/">https://kevinmcdonnell.co.uk</a>
ABOUT THE HOST
Kevin McDonnell is a Speaker, Author, Mentor &amp; 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
<a href="https://www.facebook.com/kevinMcDonnellProperty/">https://www.facebook.com/kevinMcDonnellProperty/</a>
<a href="https://kevinmcdonnell.co.uk/">https://kevinmcdonnell.co.uk/</a>
TikTok: <a href="https://www.tiktok.com/@progressiveproperty">https://www.tiktok.com/@progressiveproperty</a>
YouTube: <a href="https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g">https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g</a>
Twitter: <a href="https://twitter.com/progperty">https://twitter.com/progperty</a>
LinkedIn: <a href="https://www.linkedin.com/company/progressiveproperty">https://www.linkedin.com/company/progressiveproperty</a>
Instagram: <a href="https://www.instagram.com/progressiveproperty/">https://www.instagram.com/progressiveproperty/</a>
Facebook Community: <a href="https://www.facebook.com/groups/progressivepropertycommunity">https://www.facebook.com/groups/progressivepropertycommunity</a>
Facebook Page: <a href="https://www.facebook.com/Progperty">https://www.facebook.com/Progperty</a>

Freehold VS Leasehold | What is The Difference And Which Should You Buy?

In 1 playlist(s)

Progressive Property Podcast

Social links

Follow podcast

Recent clips