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DateTitreDurée
27 Oct 2022An Open & Honest Q&A on Anything Business With Rob Moore01:04:48

Rob joins Mark in this episode to have an open and frank Q&A all about business. They discuss why stress is important to be successful, how you can market effectively as well as the people they look up to in business and much more!

KEY TAKEAWAYS 

  • Your business only grows as well as you do, how you deal with challenges, stress and pressure make a big difference. Business is a series of dealing with problems and fixing them.
  • Looking after yourself physically and mentally allows you to perform better in your business. Remove any stress that you can and become single-minded when working.
  • There is negative and positive stress and you can change a stress simply by your perception and mindset. Anyone who can deal with stress positively will become successful.
  • Rob and Mark both believe that they balance each other out and neither would be as successful without the other. They are as close as you can get to the perfect business partnership.
  • Always make sure you know where you are spending your marketing money and where you are getting successful leads. Then ensure you take these leads through a buying cycle and track this too.
  • It’s important to know where to focus your energy in business, especially when opportunities arise. Mark and Rob have found it better to focus on industries they have passion and knowledge for.
  • With the economic difficulties, the UK is facing right now there will be opportunities. If we learn from ’08 then people will be accepting less risk and the biggest opportunities will be in around 18 months or so.

BEST MOMENTS 

 “80% of what people try and get you to do in your day is nonsense”

“The day before holiday everybody gets 2 weeks of work done…that’s positive stress”

“I think it’s good to focus on a couple of businesses and focus on them”

“Doing something that you’re passionate about and that you enjoy it, makes you good at it”

“I love all this because you can get in, get a lot more assets with a lot less money and less risk”

“You only get these opportunities a few times in your life”

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

 

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

20 Sep 2023Cutting Energy Waste in HMOs and Student Housing with Prefect Controls00:30:32

Mark Homer interviews Adrian from Prefect Controls about their intelligent heating control system for HMOs and student accommodation. Adrian explains how Prefect's room-by-room controls help property managers like Mark reduce energy waste from tenants who crank the heat up and open windows! With energy prices skyrocketing, he expects Prefect will reduce his bills 20-30%. Tune in to hear how Mark and Adrian implemented Prefect across Mark's properties and the tenant experience so far.

KEY TAKEAWAYS

  • Prefect is designed for rooms, unlike smart home systems made for houses. Central control and data is key.
  • Tenants cranking heat and opening windows wastes energy. Prefect stops this.
  • Prefect monitors temperature, occupancy, noise and more in each room.
  • Data helps identify issues like banned space heaters quickly.
  • With remote access, managers don't need to enter rooms to check occupancy.
  • The payback period depends on energy savings, but Mark expects 20-30% lower bills.

BEST MOMENTS

"The thermostat gets put right up to maximum, which might be 30 degrees, and then the temperature is often regulated by opening the window."

"We can see if the range goes much higher. We've got tenants where the rooms are going to 28, 29. In fact, we found one where he was consistently 37 degrees."

"You know, we, we set the parameters or you guys set the parameters according to your sort of normal temperature range."

"I was expecting, um, a saving on our energy bills of maybe 20 to 30 per cent."

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

29 Feb 2024What I Learned on the Way to £40 Million00:38:30

Mark Homer reflects on his 20-year journey to becoming a multi-million-pound property CEO. Hear how he started with naive investments abroad, learned difficult lessons, and shifted his strategy to focus on local houses with strong cashflows. Mark explains his role as a "conductor" in assembling teams for each project, shares current real estate trends, and advises aspiring investors. 

KEY TAKEAWAYS

  • Focus on cash flow over capital growth for stable returns and safety during market downturns
  • Assemble specialists for each project rather than maintaining large in-house teams
  • Leverage permitted development rights to convert low-value buildings into prime real estate
  • Retail properties are undervalued currently due to the rise of e-commerce
  • Large-scale PRS apartment blocks are an emerging institutional investment class
  • Keep debt below 50% of asset values over the long term for sustainable growth

BEST MOMENTS  

"So lots of investors are having to offload because of section 24."

“I watched them make loads of money in a very short space of time. At the time, I had a friend who maybe bought something like 97, and within two or three years he’d made about 60 grand’s worth of equity."

"I made a very, very poor investment. So I learned very, very quickly not to trust those who have a vested interest in selling me the property and to go out and do genuinely independent research to find out what something will actually rent for."

"When I started in this sector, I was very much focused on capital growth. Capital growth is sexier to a lot of people. That’s probably, in reality, truthfully, where you make most of your money over the long run."

"I also noticed on a much bigger scale that the wealthiest people in the country seemed to have made or had seemed to have invested their money into property. If you have a look down the rich list, the Sunday Times rich list that comes out every year, a lot of those were making their money from property."

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

08 May 2019The Quickest Way to Get Started in Property00:29:47

Would you like to network with 12,000 like-minded property investors? Learn from some of the most experienced, and successful property entrepreneurs in the world? Then the 10x Superconference is for you. Kevin Mcdonnell, the host of Progressive Property Podcast, interviews Mark Homer. Listen in as Mark talks about being one of the speakers at this year's conference, which is all but sold out. Mark also talks about his journey into property, what are the best strategies at the moment and what he’s going to be talking about in his presentation at the conference.

 

KEY TAKEAWAYS

Most of my time is spent doing property deals, running our property business. I’ve bought, sold and refurbished over 800 properties. At the moment I'm doing a lot of commercial conversions into residency. I help oversee our letting agency and the numbers for the business.  

 

Why property? It’s all about the returns. When you’re talking about property things start and finish with return on capital invested. There are lots of leverage you can get on one single let, compared with other investment types. I’m doing more and more, larger buildings where you can get a return of 25-30% back on a property. Not many other investments would give the same returns as property.  

 

I started with small terrace houses. I was buying, refurbishing, and building up my portfolio. I graduated into bigger buildings, and HMO’s. It’s been a fifteen-year journey for me where I’ve ended up doing more and more commercial conversions from pubs and empty buildings.  

 

What's your preferred strategy? This is very much based on things that are of their time. I’ve recently gradually started doing more and more commercial conversions around putting a retailer on the ground floor and converting the higher floors into flats for example. Often the projects I do are opportunity-led and of its time.  

 

Whose has been your inspiration? In terms of residential and property, I would say Andreas Panayiotou. I think he ended up owning thousands of properties in London over the years. In terms of investors, I do think Warren Buffet is great. I love his long-term attitude to investing and he compounds his returns.  

 

Why do you think you should attend the Superconference? I’ve moved on in my journey because I’ve learnt from other people. I’ve learnt how to do the tax, contractors and others. At this conference, there will be 12,000 other property investors in the room and the speakers. Grant Cardone portfolio is nearly a billion dollars. We are all doing different things. 

 

What are you going to be talking about at the Superconference? Lots of things are changing in our economy at the moment and I'm going to be talking about how we can take advantage of the uncertainty. I’m going to go through a couple of case studies which I’m working on at the moment.  

 

Is there 'one' really exciting thing about the Super-conference? In terms of finding the right commercial buildings, finding the right partners and finance. I think people will hopefully get a lot of interesting different things. There will be a lot of different mindset of things there with Grant Cardone. I’ll be speaking and learning about different strategies.  

 

Top three benefits of attending the Super-conference? Property starts and finishes with income, and cash flow, replacing that income. Networking with other people and are like-minded. How inspiration is it to have all these speakers who are coming,  

 

What has property done to 10x your life? 10x is different to me than for others. For me, it’s around commitment but growing in stages and making mistakes at the right level. As soon as you know everything and you have the right data it's vital to scale up. If you know it works you need to make sure that you scale it up to make it work.  

 

BEST MOMENTS

‘Most of my time is spent doing property deals.’ 

‘The returns are really good.’ 

‘The stock market is harder to get right.’ 

‘I like turning older properties that haven’t got use into residential properties.’ 

‘Often the best time is now to get into property.’ 

‘Don’t extend yourself at the minute as we are in the second half of the cycle.’ 

‘Warren Buffet has been a big inspiration for me. He reads for hours everyday.’ 

‘The experience and knowledge is deep in lots of different niches.’ 

‘There are lots of different options even if you don’t have any money.’ 

‘I met lifelong friends at the last conference.’ 

‘Always invest locally.’ 

‘Try and avoid scattergun approach.’ 

‘Try and find the best letting agent.’ 

‘If you go to a new town you have to learn everything all over again.’ 

‘You can make millions of pounds in one deal.’ 

‘If you don’t know the detail, and start from the bottom you can lose out.’ 

‘Everyone is always learning.’ 

‘The inspiration you will get from all these people.’ 

‘You have to work hard and work smart.’ 

‘Get into your niche and be the best at whatever that is.’ 

‘I’ve moved on in my property journey by learning from others.’ 

 

VALUABLE RESOURCES

www.10xsuperconference.com  

 

ABOUT YOUR HOST

Mark Homer 

Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, as well as co-authoring the UK’s best-selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined. 

 

CONTACT METHOD
Markhomer@progressiveproperty.co.uk 
https://www.linkedin.com/in/markhomer1 
https://www.facebook.com/markprogressive 
https://twitter.com/markprogressive 

ABOUT THE GUEST

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 

  • Facebook: https://www.facebook.com/kevinMcDonnellProperty/ 

 

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

21 Jun 2017Mark Interviews Henry Pryor, Property Expert & Buying Agent00:39:41

Henry talks about his job as buying agent and how he helps people invest in property. After years of experience, Henry shares his thoughts on where exactly in the market cycle we are now, how stamp duty changes affects property, when the prime central London market is going to recover and the demand from foreign buyers. He talks about how the market differs across the country and he also anwsers to the question if it is the right moment to invest in property now.

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

18 Nov 2021REWIND: Interview With Eddie 'The Eagle’ Edwards00:36:45

Welcome to another episode of the Mark My Words Podcast. In today’s episode, your host Mark Homer interviews Michael Edwards, yes the one and only Eddie the Eagle. Here, Eddie talks about all of his experience being a professional ski jumper, what he has learned in life and about property investment.

Firstly, they discuss Eddie’s success in the ski jumping world and how he was able to overcome all the obstacles put in front of him, despite all the sneers from the negative people around him. Mark and Eddie discuss he journey to the Olympics and, the experiences Eddie has had since entering the world of property investment.

KEY TAKEAWAYS

  • Eddie is knowledgeable when it comes to property investment. If he had money, he would buy a property. He does not like to rush. He would develop the property in 3 to 4 years and then sell it and then repeat the whole process. He made a lot of money because of his style of investment.
  • Eddie mentions that he would have preferred to manage his own money in the past. He would have more control over it, and it would not have dwindled away. He wouldn’t have to file for bankruptcy. His money wasn’t being taken care of well by the Trustees. He thought he could trust them but apparently not.
  • Eddie wants to advice everyone to never give up. To never lose sight of where you want to go and what you want to do. Sometimes that might mean taking a step to left or to the right or taking a few steps back in order to progress forwards.

BEST MOMENTS

”One thing that drove me is that passion for doing something that I absolutely love doing.”

“I don’t believe in the word ‘can’t’. I always think there is a way and you’ve just got to work out what that way is.”

“Life’s too short to not to do what you enjoy doing.”

“You’ve just got to think outside of the box and get around that obstacle. But never lose sight of where it is that you want to be. Never give up.”

ABOUT THE HOST

Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, as well as co-authoring the UK’s best selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of his other investments he’d tried in the last ten years, combined.

CONTACT THE HOST

  • Email: Markhomer@progressiveproperty.co.uk
  • LinkedIn: https://www.linkedin.com/in/markhomer1
  • Facebook: https://www.facebook.com/markprogressive
  • Twitter: https://twitter.com/markprogressive

ABOUT THE GUEST

Michael Edwards is an English skier who in 1988 became the first competitor since 1928 to represent Great Britain in Olympic ski jumping, finishing last in the 70 m and 90 m events. He became the British ski jumping record holder, ninth in amateur speed skiing (106.8 km/h (66.4 mph)), and a stunt jumping world record holder for jumping over 6 buses.

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

29 Oct 2020How to Invest £10,000 - Mark Homer & Rob Moore00:45:10

Are you looking for the best active and passive investment strategies? In today’s episode Mark is joined by Progressive Property Co-founder, Rob Moore to discuss how to perfectly invest £10,000 in today’s economy. Discover how to get the quickest returns on your investment for short, medium and long-term capital growth. Hear Mark and Rob deep dive into asset investments with recommendations on classic cars, vintage watches and hot property investments.

WATCH ON YOUTUBE

How to Perfectly Invest £10,000 | The Best Stocks | Property | Gold & Classic Cars

SUBSCRIBE TO THE SERIES

Watch Live On The Progressive Property YouTube Channel Every Monday At7PM Tiny.cc/PPTV

Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes

 

KEY TAKEAWAYS

  • The quickest returns on an active £10,000 property investment will be when you combine your capital with effort and hardwork and create a business. The best property businesses to start for returns are Rent2Rent, Serviced Accommodation or Deal Packaging, but also consider the option of a JV with somebody else.

  • If you’re passively investing £10,000 the safest options are most ISA’s or a portfolio of tracker funds that invest in the FTSE or American spread. Platforms such as Vanguard and Hargreaves Landsdown are recommended to use.

 

  • One of the better longerterm passive investments to make is in classic cars and watches. If you do your due-dilligence using sites such as Glenmarch you can track the price of classic cars and their average price sold. With the right research on the right premium brands these investments will increase in value year on year and you will see a positive return.

  • eCommerce is a great opportunity for investment, it’s a growing market with huge potential for scale.

 

BEST MOMENTS

“By starting a business and by working hard you will see a better return than any other investment strategy”

“We started our training business with £300 each”

“Put your £10,000 into a business that you’re passionate about so that you’re motivated to grow”

“Purchased non depresiative items”

“Do your own diligence on all your investments”

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/
https://www.glenmarch.com/
https://www.hagerty.co.uk/valuation/tool/
https://www.vanguardinvestor.co.uk/
https://www.hl.co.uk/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

ABOUT THE GUEST

Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller "Life Leverage" Host of UK's No.1 business podcast "The Disruptive Entrepreneur."

"If you don't risk anything, you risk everything."

CONTACT METHOD

Rob’s official website: https://robmoore.com/
Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs
LinkedIn: https://uk.linkedin.com/in/robmoore1979

 

 

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

15 Feb 2024Behind the Scenes of My Masterclass: Rent, Cladding and Asbestos00:47:10

Mark hosts an informal session answering attendees' questions on property investing and business. Topics covered include managing tenant arrears, using AI systems, recovering securing finance, choosing property strategies and leveraging technology to remove reliance on people. Mark provides his famous direct, no-nonsense advice, drawing on his extensive experience. The session offers valuable insights for property investors and business owners alike. 

KEY TAKEAWAYS

  • Pursue former tenants with county court judgments using options like winding-up petitions to pressure payment, despite the costs involved.
  • Expect Bank of England base rates to remain around 4-4.5% through 2025 before dropping, according to trading market predictions.
  • Resolve cladding issues for financiers by providing EWS1 reports showing remediation works address combustible materials.
  • Get multiple assessments when handling property contamination like asbestos to determine actual risks and remediation needs.
  • Institute gradual rent increases for retained tenants to keep pace with market rates and offset rising mortgage costs.
  • Leverage technologies like AI wherever possible to remove reliance on staff and minimise people management headaches.
  • Seek out self-motivated employees requiring minimal oversight to avoid poor performance issues plaguing growth.

BEST MOMENTS  

"I issued a winding up petition on a care company...it probably cost four or five grand, but it's existential for them."

"I check our rents once a month...I look back and a block we finished two years ago...Those rents are now going up 40%."

 "When you attack landlords...then rents have to go up to a level where it works again. That's the adjustment that's taking place."

"I'm looking forward to that because apparently this can remove quite a bit of admin. I would put as much technology in as possible."

 

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

14 Jun 2017Mark Homer's Evolution of Brexit00:24:10

Mark talks about Brexit and how market is affected. How markets reacted to the referendum result and what happens next. How and why Brexit can affect properties, stocks, bank lending, interest rates and consumer confidence. Why he believes that in long term there are no negative implications for businesses, and his thougths on what is happening the following years.

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

02 Sep 2020The Hidden Cost Of Business00:07:34

Are you keen to start a new business venture but don’t know what to expect? Or perhaps you’re running a business and wanting a helping hand? Join Mark Homer today as he discusses the hidden costs of running a business. Discover the importance of not hiring cheap employees, having enough cash in the bank to survive a recession and being able to adapt to new industry standards.

 

KEY TAKEAWAYS

  • Hiring cheap employees can potentially be a huge hidden cost when running your company. When you want 10/10 employees you have got to pay for them, they will be worth three or four times more in revenue than a poor employee. They will also save you a lot of money in losses and costs.

 

  • A hidden cost of running a business is buying unnecessary products to furnish your offices. These can cost a company tens of thousands of pounds when starting a company when they don’t have much cash in the bank. It is much more important and worthwhile to put your money into marketing, sales and growing your business. The material items can come later.

 

  • Not keeping cash can be a huge cost to the business. You do need to keep some cash, as we have seen through this COVID period and the previous recession there are some businesses who did not have cash in the bank. These companies were unable to switch their business model and ended up going bust. Be focused on keeping good chunks of cashback to ensure your business can carry on trading.

 

  • When the market changes, competition comes along. You need to be able to adapt your business, if you’re standing still and staying the same you will no longer be relevant. You won't have adapted to the market as it has changed and you will end up going bust. The competition will come along, your customers will want other things and your competition will respond to that and take your business away from you.

 

  • Diverting time into nonsense. Lockdown has been a great eye-opener for how much nonsense was really going on in daily life. Unnecessary travelling, phone calls and other distractions take place in the office each day which do not serve many purposes to your business. Focus on your income generating tasks so that you are not getting diverted into other issues that are not productive.

 

BEST MOMENTS

“Only hire 10/10’s. Pick the best, surround yourself with great people.”

“The best businesses start in the garage with nothing and grow their revenue stream. That is the most important thing.”

“Businesses do not go bust due to lack of profit, they go bust due to lack of cash.”

 

ABOUT THE HOST

 

Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, and co-authoring the UK’s best-selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined.

 

CONTACT METHOD

 

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

06 Dec 2018Money Saving Tips00:20:43

Welcome back to another episode of the Mark My Words podcast with your host Mark Homer. In this episode, Mark goes through his top tips for saving money in your life and business. Mark goes through several areas on how you can save thousands of pounds every year in your life, and business from car insurance, to utilities and saving accounts.

Key Takeaways

Personal Car Insurance. Make sure that six weeks before your renewal date you search around for cheaper options for insurance. The whole industry is predicated on making a profit from customers who are loyal and don’t change provider every year. Looking at the below four comparison sites every year can save you hundreds of pounds in the cost of your car insurance.

  • Money Supermarket
  • Confuse.com
  • Go Compare
  • Compare the Market

Fleet Car Insurance. Try and go to a number of different brokers and play them off against each other, every year so that you can save money on your fleet insurance. This is the best way as there are no business compare websites for fleet insurance.

Home Insurance. Make sure you go onto a number of comparison websites every year which can ensure that you are saving hundreds of pounds on your policy. Some of the best websites are the below:

  • Money Supermarket
  • Compare the Market
  • Go Compare

Keeping your claims down in the last five years to under one can help to keep your premiums down. Brokers are useful in gaining portfolio insurance for a large number of properties. At the end of each year get a quotation for each of your brokers to see if there are cheaper options.

Utilities. Make sure that you are changing these every year, which has got a lot easier in recent years. Please do subscribe to the Cheap Energy Club, at the link below, which lets you know when there is a product that is cheaper than what you are already paying. Changing from the standard rate which energy companies automatically place you on, to an offer rate can save you hundreds of pounds.

Saving Accounts. Try and change this account every April as this is the start of the personal tax year. I want to make sure that I’m getting the highest savings rate. Please check Moneyfax.co.uk which can offer you the best deals for savings accounts. There are always some good instant access accounts on the list for you to have a look at. There is a new Goldman Accounts called Marcus which has a good interest rate on it, for 12 months. Rates drop down after the first year so it’s really important to switch every year.

Mobile Phone Contract. Every year you are paying the subscription to a mobile company, so at the end of the contract make sure you get your upgrade on your phone, as you are paying for this through your contract. It’s best to use a price comparison site so that you can find the best tariff on the market.

  • Mobiles.co.uk

 

Buying In Bulk In January. Use the January sales, and buy two years worth of supply for shampoo, toilet roll, kitchen roll, those essential non-perishable items for your house. Then I’d store this under the house, which means you save lots of money and you don’t have to go shopping for these items throughout the year. Make sure you’re not loyal to a brand but you’re looking for the offers out there.

Contract Hire On Your Car. Make sure you are going for the offers that are available rather than the brand or model of car. This can be a really effective way of saving money. The below websites are the best websites that Mark has used to get the best deals. If you would like Marks spreadsheet which compares these offers please email him, his details are at the bottom of the show notes.

  • CentralUkVehicleLeasing.co.uk
  • Freedom Contracts.com
  • V4B
  • AppliedLeasing.co.uk

Best Moments

‘Make you have BS3642 locks on your doors and key locks on your ground floor windows.’

‘Definitely look at changing your mobile tariff, utilities and car insurance to save hundreds of pounds’

‘Make sure you’re not loyal to a brand but you’re looking for the offers.

Valuable Resources

Cheap Energy Club - https://clubs.moneysavingexpert.com/cheapenergyclub/register

Moneyfax.co.uk   

About the Host

Bio - Mark Homer

Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, as well as co-authoring the UK’s best selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined.

Contact Method

Facebook – Property soldier

Email – kevin@propertysoldier.co.uk

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

09 Jun 2021Reacting to Dogecoin, Best Areas to Buy Property - Open Q&A00:07:00

 

In this episode of Mark My Words, Mark reacts to Dodgecoin and gives honest answers to Q&A’s around investing, buy to let deals and more.

 

KEY TAKEAWAYS

 

  • When looking for property, Mark usually consults with local letting agents to see where he would get the best yield as well as getting the right kind of private tenants. Going for an area in the UK with lower property values but where you can find good tenants is your safest bet at making good profit.

  • Mark is not buying dodgecoin, it’s not something he knows much about and he makes a point of never investing in things he doesn’t fully understand.

 

 

BEST MOMENTS

 

“I would always go for a higher yielding, lower property value area because I think that keeps you safe”

 

“Invest for the long term”

 

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

 

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

 

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

15 Apr 2020COVID-19 Property Investors Update!00:23:17

Progressive Property Co-Founder, Mark Homer takes over the podcast and is joined by Property expert and Co-founder and Managing Director of Progressive Lets, Wayne Beecham. Together they discuss the impact of Covid-19 on the property industry and the challenges landlords, tenants and agents are facing and how they can overcome them. Don’t miss the on this must-listen episode.

 

KEY TAKEAWAYS

 

Q. How are you handling the Coronavirus situation and what are you doing in your businesses at the moment?

  1. At the moment from a letting agency's point of view, from both how the business operates and managing the financials of a business and also how it affects each individual landlord and tenant. From the business point of view, we are going into a hibernation mode where we are prioritising what jobs are important and what fundamentally needs to be done and to make sure we are protecting the income of the business. From a business point of view, we’re working on reducing our overheads, as well as evaluating problems such as tenants not being able to pay their rents and the impact that may have on the landlords and the action landlords need to take to ensure they can still profitably run their property portfolio.

 

Q.How’re you dealing with tenants being unable to pay their rent?

  1. First of all, we need to assess each individual tenant, it is very easy especially with a three-month ban on evictions is making sure the tenant is not being an opportunist at this time. First of all, we have had to assess whether the tenants are affected by this and they have got a list of documents, queries and questions to answer to ensure that they are being affected, from there it is about educating and finding a solution to that problem.

 

Q. What would you do if a tenant decided to stop paying their rent?

  1. If the tenant has had a change in circumstances it is a case of evaluating the situation, so exactly what has happened? And what sort of situation they are in? What losses are they currently encountering and how can we deal with that situation? You do have to evaluate each individual tendency depending on the situation they are currently in.

Q. Is now a good time to sell?

  1. Now is a terrible time to sell. You’re not going to find any buyers because agents are shut, any buyers that are here are probably scared about their job, mortgages and what will happen to property prices. If you can hold on, get it to let and maybe take less rent and trade your way through it. The worst thing to be at the moment is to be a seller.

Q.Are you scared about this crisis or do you see an opportunity?

  1. It doesn’t help to be scared, the best thing to do is to plan, or out hat the new world looks like, get in really early and or really hard and modify your business and take advantage of the opportunities that are inevitably going to appear. In times where there are big shifts like this where there are big money transfers and this happened in 2008/2009, a big transfer took place, an it will happen again this time so you need to be ready. You need to be alert, learning, surround yourself (metaphorically =) with god people, and educate yourself through this period and learn from the best.

 

BEST MOMENTS

“By helping and assisting your tenant to pursue getting all the help that they possibly can ensure that there is income owing in assisting both the tenant and the landlord”

“As and when travel restrictions are lifted, opportunities will come about”

“I don’t think it really helps to be scared”

“The world is changing, and you have to grasp these new opportunities” and set your sail in the new direction”

 

VALUABLE RESOURCES

 

ABOUT THE HOST

Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, as well as co-authoring the UK’s best selling property books.  Mark has always looked for the best investment vehicle,  and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined.

 

CONTACT THE HOST

  • Email: Markhomer@progressiveproperty.co.uk
  • LinkedIn: https://www.linkedin.com/in/markhomer1
  • Facebook: https://www.facebook.com/markprogressive
  • Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

31 Oct 2024Rental Crisis Government Measures Not Enough Revisited00:16:41

A revisit of Mark talking through property news headlines including why UK rental prices have continued to increase despite government measures. Mark gives his thoughts on proposed rent controls being introduced in Wales, the impact of current rent controls in Scotland and why the UK does not offer value for money in renting properties. He also reveals the many other reasons behind the current rental crisis in the UK.


KEY TAKEAWAYS

  • 50k rental properties are needed to meet the demand in the UK
  • Rent controls do not work. In the 60s and 70s, this was proven and it is being proven again.
  • Rent control reduces the rental stock and pushes prices up, it also impacts the country's labour market as people cannot move around easily.
  • People in the UK live in smaller homes than many other countries including France, Germany and Japan.
  • Planning is extremely slow in the UK, this impacts the speed at which properties can be developed.
  • Women in the UK are having fewer children than are needed to sustain the workforce which means immigration is heavily relied on.

BEST MOMENTS  

"For the 17th consecutive time, the price of renting in the UK has gone up” 

“Rent control doesn’t work”

“It will reduce the quality and selection” 

“Reduce the cost of childcare and get women back to work”

“It’s stealing off a section of society and it’s not right”

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

24 Apr 2019Live Q&A on Love of Flying, How to Find Deals, Would Mark Buy a Night Club?00:46:56

This episode is a must watch for anyone dealing in properties.

In today's episode of Mark My Words, Mark discusses the essential things you need to do if you want to be a success in property. Why having the right knowledge, skills and mentors around you are key components to successful property investing. If you’re looking to become a full-time property investor, this episode is for you.

KEY TAKEAWAYS

  • For you to succeed in life, you always need to know the kind of people you surround yourself with. You should always surround yourself with people who have good intentions and always help you to succeed in life.
  • No one can make it on his or her own. Always talk to people, they may have something that you could use and you may even succeed in life with someone’s idea. No man is an island in this world.
  • Trial and error is the key to success because you do things and test them over time to see which one works well than the other and which one does not work at all. So if you find out that a thing you tried to do did not even work, that's the thing that you remove from your plan or don't do ever again. Then if you do something and you find out that that's the one that is working well over another thing, then that is the thing that you should always strive to perfect and be sure if you do this, you will become successful in life.
  • Keep building the portfolio if you want to be successful in life and always try to build it in the best way possible for it to attract more customers to your business.
  • Get into business, start sort of sourcing properties, create a business around it, if you can create a training business or some sort of trading business to generate an income stream, whether you sort of present, or maybe you're creating information products, or whether you're doing sort of online, whether it's training or marketing, loads of people create marketing businesses around this, and some people just go into sort of pure property, but they need a very high-income strategy, maybe be doing sort of high end HMO or service accommodation. You've got to get the income rolling. You can't be focusing on a capital strategy.
  • Location is very important. In the city centre, that will be a lot, lot better. I've done stuff on the outskirts, service accommodation; it did not work so well. Smaller units, city centre. For your business to hit the roof, you need to be very keen around this point of location, where you locate your business.
  • The marketing is very important how they're priced if the cleanings added on separately, all that is really, really important. If you are not good at this, you should always look for someone or hire someone in your company with marketing skills to do this business for you because marketing is very crucial.
  • Always love what you do. Find something that you love doing in your life and do it with a lot of passion and you will find that you are succeeding in life because you are not doing something that you do not love, you always perfect what you love because you are not being told what to do.
  • Knowledge is the other key to success. Always have the passion to learn and know more about what you are doing in life or in your business.
  • Have mentors. Always have people who will advise on what you are planning to do before you go into it. This helps you from making hasty decisions on things that you want to do in life and this also protects you from huge losses.

BEST MOMENTS

  • “Two hands are better than one.”
  • “You should always learn from your mistakes.”
  • “Education is the key to success.”
  • “Old is gold.”
  • “Licensing is key, have the right papers with you for you to make it.”

VALUABLE RESOURCES

ABOUT THE HOST

Mark Homer

Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, as well as co-authoring the UK’s best-selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined.

CONTACT METHOD

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

18 Apr 2024Property Perspectives | Stop Focusing on First Time Buyers00:19:58

Join Mark as he gives an overview of the current news stories around property including the growth of the construction industry and his take on the favourability of first time buyers and what targets we should instead be focusing on. Mark also talks about the current rent crisis and the impact of the cost of living on landlords, investors and tenants.  


KEY TAKEAWAYS

  • Historically, first time buyers keep the market moving and triggered economic growth but the favourability towards them with schemes such as help to buy have been detrimental in many ways too.
  • The cost of construction has gone up by around a third, and this has created redundancies and collapses in the industry.
  • Rent rises have surged post-covid and during this current cost of living crisis but Mark is seeing indications of this now slowing as demand is starting to reduce.
  • Airbnb and other serviced accommodation providers have had a direct impact on housing stock. Some controls are beginning to be introduced but it’s important that these also incentivise traditional landlords to create choice and keep prices moderate.
  • Building on brownfield sites is a key factor in meeting any kind of house-building targets but it’s also important that the targets are focused around the right types of properties in the right areas.

 

BEST MOMENTS  

"For decades there's been the assumption that first-time buyers prop the market up”

“First time buyers have become older”

“Construction industry whilst not mended is probably on the way to being mended after a difficult period”

“2020 was probably coming right to end to the previous cycle”

“We should be focused on the types of properties being built in the right areas”

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

23 Jun 2021How to Be an Entrepreneur, Make Money & Build a Business From Zero01:31:08

In this episode of Mark My Words, Mark is interviewed by Kurt and Diane on the Back to Business Podcast!

 

Mark discusses his upbringing, wealth, investments and his own ethos as well as many hints, tips and ideas to be a successful entrepreneur.

 

 

KEY TAKEAWAYS

 

  • Mark’s Dad was always very careful with money and this instilled the belief in Mark that you saved money to make money. This also meant he was taught ‘delayed gratification’ which helps him with his future and has helped him build his wealth.

  • Although Mark’s Dad was very frugal, the older he got the more he was exposed to how the other half lived, especially when he went to boarding school. This made him want this kind of lifestyle for himself.

  • There are many common mistakes people repeatedly make when getting into property. One of them being ‘shiny penny syndrome’ this meaning that they do too many strategies not very well. It is wise to start small so that you can get experience and understand where all the risks and control points are. 

  • We are taxed on everything in the UK  but there is no capital gains tax on owning your own property. Capital growth has got to be around 5% a year, with that being said by getting a fixed 2-3% rate on a mortgage for your home, you will essentially live in your house for free or even make money on it. 

  • These are the times where the rubber meets the road. Residential is generally less risky and in the last recession, commercial was hit harder, however, next time it may be another industry affected. The next recession will not be like this one and different businesses get affected in different ways. You don’t know what will cause the next recession so now may be the time to diversify into other tenant types. 

  • Many people will have goals they wish to achieve but rather than cracking on with it, will procrastinate. It is important to have the ‘start now get perfect later’ mentality. As you progress you will instinctively see more risks and problems. Start small and therefore the risks are going to be smaller. 

 

 

 

 

BEST MOMENTS

 

"Champagne lifestyle for lemonade money"

“My home doesn't cost me anything.”

“Am I going to be out of stock with property? No.”

“Everything just suddenly came together.”

“These are the times where the rubber meets the road.”

 

 

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

 

ABOUT THE GUESTS

ABOUT THE HOSTS

Kurt Wilson - Entrepreneur, Internet Veteran and Property Investor with multiple 7 figure businesses and property investments in UK, GI, LT, BY and GR. CEO and founder of advansys (www.advansys.com) a global ecommerce, web development and online marketing agency headquartered in the UK.

Di Forster - Entrepreneur, Property Investor and Mum with exceptional grit. Expert in all areas of Online Sales and Marketing (SEO, PPC and Conversion). Quit corporate life and now enjoys working with and helping others grow and scale their businesses.

CONTACT INFO

INSTAGRAM.COM/KURTWILSON.UK

INSTAGRAM.COM/DIFORSTER.UK

WWW.ADVANSYS.COM

KURT@ADVANSYS.CO.UK

DIANE@ADVANSYS.CO.UK

 

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

 

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

29 Jun 2023Confronting Nigel Farage on the Property Market & Rent Raises00:06:39

Mark talks to Nigel Farage on GB news about the difficulties of rent and housing in his local town of Peterborough, demonstrating a microcosm of what is happening across the country. Mark outlines the need for changes in regulation to drastically disrupt the current supply issues the UK is facing in housing.

KEY TAKEAWAYS 

  • Rents have almost doubled since 2016, a lot of this is population pressure as well as landlords exiting the sector due to the Section 21 regulation
  • Peterborough is the cheapest place within 75 miles of London and that is one of the causes of the drastic population increase
  • Changes to planning need to happen to make it easier to build houses
  • The government needs to create incentives for landlords, this creates choice, promotes quality and keeps prices down

BEST MOMENTS  

‘The property here is exploding, where is everybody going to live, what’s it going to cost them and what’s the government doing about it’

‘The supply of rental properties is contracting as more and more people come in the country wanting to rent’

‘Those rental increases here in Peterborough are shocking’

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

 

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

02 Dec 2021What I Learnt From My Biggest Property Deal00:52:09

One of Mark’s biggest property deals, a conversion of an old M&S building into residential apartments and a supermarket is almost complete and in this episode he talks about the many lessons he learnt. He also talks about planning decisions, the impact of new building regulations and the many new environmental policies such as heat pumps, new EPC thresholds and electric charging points.

 

KEY TAKEAWAYS

  • The key with any big project is to have enough profit to make it work. Costs and challenges are inevitable so you need to have that margin of error to deal with these things.
  • There’s been massive change in the construction of residential blocks since Mark first embarked on this project. There’s a lot of new legislation around wall buildups, cladding and building regulations are being properly enforced that were previously ignored by unscrupulous developers. 
  • Heat pumps are really ineffective for many types of houses. It makes them worse for the environment if they don’t work efficiently. They are a high cost and are unlikely to bring bills down.
  • A new product on the mortgage market is a 40 year mortgage with no early repayment fee. Mark states that essentially it is ‘insurance’ as fixed mortgages are and people will end up paying a lot more for this product.
  • Local councils are under huge pressure from central government to build and consent more residential schemes. Once areas run out of brownfield sites there are only greenfield sites or previously declined sites: this is probably why there are more instances of new builds etc flooding. Part of the difficulty with these things is that planning decisions are made by individual/regional offices that all make different subjective decisions.

BEST MOMENTS

“Electric vehicle charging points won’t have any value at all”

“They’re getting a heating system that I don’t think is very good”

“It some ways it’s quite good as those sort of landlords that aren’t compliant they are weeding them out one by one”

“It’s a virtual guarantee that they will spend more in the long term with a product like that”

“The whole planning system in this country is a big web of individual offices making arbitrary subjective decisions made on whims and what they feel”

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

 

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

 

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

 

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

26 May 2021How to Save Thousands in Property Profits | Deep Dive Tax Advice From My Accountant00:57:40

In this episode of Mark My Words, Mark speaks to his accountant, Chris Wilkins. Chris has been Mark’s accountant for 11 years now! Chris talks about property tax, HMRC enquries, property structuring, changes in corporation tax and more.

 

KEY TAKEAWAYS

 

  • The thing that was right at the front of property people’s minds when Chris was last on the podcast was section 24. Now it has had a full effect, mortgage interest for a residential property is not deductible in your rental accounts, it’s a tax reducer. There are a lot of ramifications, especially for those who were on the cusp of the higher rate tax band and those with large portfolios who could easily be paying more in tax than they are making in profit.

  • Being in the know, or having an accountant in the know, around HMRC rules and regulations can save you a lot of time, hassle and money. HMRC frequently break their own rules and ask for things you technically don’t have to give them.

  • When buying a property (e.g in your name –vs- creating a limited company) it’s important to find out the tax implications, in both the short and the long term. It could make a significant difference in what you owe.

  • There are many ways you can file accounts at companies house. You can find that something that you did 6 years ago, actually ends up saving you further down the line so you should always file with the future in mind.

 

BEST MOMENTS

 

“he’s just an all-round, very clever guy who I have learnt loads from over the years”

 

“Business isn’t a regulated word”

 

“They can ask the questions, but you don’t have to answer it”

 

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

 

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

 

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

29 Dec 2022My Honest Thoughts on Interest Rates, Nigel Farage & BTL Investing | Mark Homer Q&A00:13:52

As it’s the end of the year, Mark wanted to do a roundup Q&A of some of his most popular YouTube videos of the year. He answers questions surrounding investing, Brexit, his opinion on Nigel Farage, and more!

KEY TAKEAWAYS 

  • The EPC policy will over time have an impact on rental prices.
  • Ideally landlords shouldn’t increase rents by more than 5% but this isn’t always possible, as long as you aren’t increasing them above the market rate then you don’t need to worry.
  • Nigel Farage can definitely stir the pot on occasion but he also has a lot of valuable knowledge and experience.
  • Mark didn’t agree with Brexit, he believes it’s been a disaster.
  • Buy-to-let is still a great way to invest. In the medium to long term the purchases you make as a buy to let landlord will fair better than what you bought in 2021 for example.

BEST MOMENTS 

 “Government have screwed tenants, yes this is exactly what they have done”

“How can it be a great idea to shut down or impede your trading relationship with your closest trade partners”

“Immigration is now higher than it was when we were in the EU”

“Predictions when it comes to economics…are usually wrong!”

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

 

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

29 Apr 2020Government Schemes & Benefits During The Pandemic00:54:12

Government Schemes & Benefits During The Pandemic

DESCRIPTION
Mark is joined by finance expert Shaz Nawaz where they discuss the benefits of the government's latest scheme to help people during the pandemic. They cover topics from Furlough to repayment holidays, the rights of the employer and the employee and discuss how local governments are dealing with COVID-19. Now is a perfect time to sort out your finances and save money. Tune in to find out more.


KEY TAKEAWAYS:

  1. Previously an employee has to have been off work for 4 days to claim statutory sick pay, however, what the government has decided to do is reimburse the employer for the first two weeks of sickness. The employee can continue to claim themselves for up to 28 weeks.

  2. The government furlough scheme is allowing companies to claim their employee’s salaries from the government, they will pay up to 80% of a salary with a limit of 2500 pounds back, as well as claiming National insurance and the 3% pension schemes.

  3. If you have monies owed on a credit card during this period, there are repayment holidays for up to three months available as well as on general loan repayments. Overdraft and overdraft interest fees waived up to 500 pounds, many banks are automatically waiving these fees. If you don’t have an overdraft you can apply for one up to 500 pounds.

  4. Local governments are advising that the impact of COVID-19 will last approximately 12 months. However this does not mean there will be a lockdown until then, this should be lifted in May or June starting off by opening schools and small businesses and gradually increasing events whilst implementing social distancing measures, all the while monitoring public health.

  5. Investing in bonds is a secure place for your money. Bonds are loans issued by governments. The UK government issues something called guilts which are bonds that you make to the UK government which attract a very low rate of interest, sometimes negative. In terms of security and getting your money back, they are about as good as it gets because the UK government is an issuer of its own currency, meaning it in theory cant go bust.

 

BEST MOMENTS

“It is really important for people to be focused on their finances like they are looking after their personal health”

“In terms of getting back to normal, we won't be getting back to normal like we were in March, until next March”

“This is going to continue beyond the lockdown period”

 

ABOUT THE HOST

 

Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, and co-authoring the UK’s best-selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined.

 

CONTACT METHOD

 

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

 

ABOUT THE GUEST

Shaz Nawaz, is a chattered account tax advisor and industry expert whose knowledge has often been featured in well-established national publications, and he insists on ensuring that his team is just as dedicated to the industry as he is. Shaz believes in motivating you to do better for your business as well as your finances.

 

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

25 Sep 2019How to Make BIG Money in Fine Wine00:38:48

Are you an entrepreneur out there who wants to know and invest in liquid assets like wine and see huge returns on your investment? In today’s episode of Mark My Words, Mark and innovative entrepreneur and investor Daniel Gurr discuss in detail the opportunities in wine investment, how to store your wine to avoid damage, the benefits of investing in wine over other investments and why now is as good a time as any to begin to invest liquid assets.

KEY TAKEAWAYS

  • Financial markets and how the traditional remit of investments have changed over the past decade. That's due to financial market volatility and of course, the environments of record-low interest rates we find ourselves in, so traditional investors are starting to look outside the mainstream box and adopt strategies within alternative asset classes. Fine wine has characteristics which enable the markets to have a very low correlation to other financial markets. With, of course, the trajectory of the market over the past 10 years, we've got consistency, of course, with the market being demanded by the higher echelons, which is increasing year by year is a good time to invest into the asset class itself.
  • You might come into the market and ask how is the price going to keep on going up in value? The fine wine market has two very unique characteristics.
  • It has an ever-increasing demand because of course, it's a consumable asset, but it's also an asset that increases its quality over some time. So straight away what we've got here is a market that's got finite supply, ever-increasing demand because the wine is maturing, but it's also got an ever-decreasing supply.
  • The best thing about fine wine is that it works off a compound interest formula. It's interest upon interest upon interest. So in your first year from that asset, you might see eight to 10% but come that second year, the circulation is decreasing.
  • All of the client’s wine is stored and insured and as long as it's stored in HMRC regulated facility, the wine will stay in that bonded warehouse for remaining of its life. So, therefore, duty and capital gains tax are not applicable.
  • If you had two investors that wanted to come up to you and invest into property, one was a complete novice and never invested into a property before, you're probably not going to introduce them to an HMO or commercial conversion, whereas if you've got someone that has been in property, they've got a background in property, you would introduce them to something different, and that's the same for wine. They can sort of diversify and get into the slightly riskier stuff and make higher returns once their knowledge grows.
  • Red wine is at the core of investment, what about white wine investment? That is more so into a specialist market. What we advise clients is we look at the red wine because of course, with regards to that it all comes back to history and with ourselves, if we're putting our name to what we're suggesting you as you can appreciate, we have to know the full corporate background of that particular wine and it's not to say white wines don't go up in value but of course, they don't have the history and they don't have the corporate background to what red wine has.
  • Where and how do you store wine? There are a few storage facilities in the UK. They’re HMRC regulated facility. They're holding it 13 degrees here, away from sunlight, away from the vibration. If you're going to store wine yourself, it has to be stored at the right temperature. As long as you keep red wine at a consistent temperature, because if you've got the uncertainty affecting that wine, that there will be an effect there.
  • There are different subsidiaries, you've got Octavian, you've got LTB and you've got AHD just to name a few, but I'd be phoning them and asking them how this business is? How long have you been working with that particular company? Would you say they're credible? And get their opinion. Also ask the question, "Do you have a wine that you're trading to me? Is this currently in your account?" Or are they taking your funds and then going out to source the stock.
  • Why is wine better or not better than other physical assets? The direct answer to that is fine wine has characteristics that other collectables and other alternative investments don't have and that would be fine wine matures as time goes on. So it has an ever-increasing demand, but because it's a consumable asset, there will be a time where the availability of that wine is going to run out.

BEST MOMENTS

  • “Bullshit baffles brain.”
  • “The quality of the wine improves over time as it gets older unlike a watch or a car.”
  • “As people drink it, there is less of it, therefore; the supply side and the demand side should become more favourable over time pushing the price up.”
  • “I believe fine wine is a great way to insulate your wealth when there is economic uncertainty and even more so than gold.”
  • “Fine wine is inverse to cyclical trends and cyclical trends being traditional re-investments.”

VALUABLE RESOURCES

  • Book called Investing Into Liquid Assets

ABOUT THE GUEST

Daniel Gurr is an entrepreneur helping people reach their financial objectives by creating innovative and exciting strategies. Daniel is one of the portfolio advisers and has been with Elite Fine Wine for 3 years after transferring from a wine merchant in Australia over to the UK. Daniel has been instrumental in the accelerated growth of Elite over the past 2 years and played a key role in the development of some of our more junior team members.

CONTACT METHOD

 THE HOST

Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, and co-authoring the UK’s best-selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined. 

CONTACT METHOD

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

22 Jun 2022Mark Interviews The Lord Lieutenant of Northamptonshire David Laing01:05:44

In this episode Mark interviews The Lord Lieutenant of Northamptonshire. Mr David Laing of Laing  Construction, whose illustrious career spans several decades. Mark makes this episode become a very open discussion between two entrepreneurs from very different periods.

KEY TAKEAWAYS

  • (5.00) David Laing’s business history intrigues Mark. He asks David about the construction dynasty which started in 1845.David Laing tells us how he was on his way up to Edinburgh recently when they stopped off at Gretna. This made David think about how his Grandfather and his Grandfathers father had been responsible for building the town. Gretna was set up as one of the main munitions factories during the 1st world war. He goes on to tell us about how they built miles of factories and accommodation for 50,000 workers.
  • (7.12) David Laing continues to tell Mark about the growth of Laing’, how the expertise in concrete continued and how they built the M1 he discusses all of the buildings, bridges and so on through this period which included the Millennium dome. Mark and David discuss the benefits of the Dome.
  • (25.52) Mark probes David’s outlook on politics by asking David to pick up on a thread from earlier in the conversation. Mark outlines concerns within the community if The Labour Party came into power. David Laing gives a considered reply by covering the various dangers of inflation, profit, tax and the probability of who would be the front man for Labour. The discussion goes on too looking at trade generally covering Brexit, Donald Trump and the world.
  • (37.25) Mark asks David Laing where we are in regards to Cycles/Timing. David says we are still in the fairly golden times at present, property is still rising and there is a lack of housing, he advises that it could be a couple of years time when Brexit and /or Corbyn could be the triggers for change, so try to keep within you borrowing limit, retail is definitely not an option for profitability.
  • (45.40) After a brief discussion on gearing, covenants and the percentages obtained, Mark moves the interview away from business and asks David “what do you do for Her Majesty?” Davis Laing is her Lord Lieutenant. David sees this post as the eyes, ears, heart and temperature control of the county. This means he needs to know what is good bad and needs fixing, although it is a non-political role, he tells us that he is there to do whatever Her Majesty is not able to do. He is involved in the military on her behalf and holds the equivalent rank of Major General. Many of his duties include visiting schools to support them, helping with the scouts and brownies.

(1.01) Mark examines David Laing’s fascination with cars and racing, and the crash at Silverstone in 2006. David talks about all the various racing cars he either has driven or admired and his more recent experience driving around the world circumference in 69 days with Mary as his navigator. He runs through the various countries they drove over, so we are able to imagine how it must have felt driving 11 hours a day in all those locations.

BEST MOMENTS

  • David Laing tells us that “timing is always the most important thing in the business”
  • David Laing’s knowledge of changes in government gives us a sound grounding for preparing how to deal with the future.
  • David and Mark look at the impact of homelessness on cities and how it can be approached going forward.
  • Mark asks David about the difficulties in obtaining finance in the past and how it compares with today’s financing
  • Building the M1 had an advantage for David Laing he had just started courting his wife up in Leicester and it meant they didn’t have to drive up the A5 and A6 anymore!

 

ABOUT THE HOST

Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, as well as co-authoring the UK’s best selling property books.  Mark has always looked for the best investment vehicle,  and at the end of 2007 with Rob Moore  the co-founder of Progressive Property  his joint portfolio produced more profit than any of his other investments he’d tried in the last ten years, combined.

CONTACT THE HOST

  • LinkedIn: https://www.linkedin.com/in/markhomer1
  • Facebook: https://www.facebook.com/markprogressive
  • Twitter: https://twitter.com/markprogressive

ABOUT THE GUEST

The Lord Lieutenant of Northamptonshire. David Laing is a man of principle who has worked hard through his life in the construction industry through architecture design and construction, and appears to have enjoyed all the good and disagreeable parts of his career. Mr Laing gives time and money to charitable trusts, and has enjoyed exciting hobbies such as racing.  He has been rewarded by his position as Her Majesty’s representative as Lord Lieutenant of Northampton -shire.  He has an impressive family history behind him with his Grandfather and Grandfathers’ father starting the business in 1845 all of whom did vital work through the 1st and 2nd world wars.  

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

12 Jul 2017Mark Interviews Progressive's Letting Expert Wayne Beecham00:39:24

Wayne talks about his letting business and shares his experience. He talks about the different software and systems he uses to manage properties, tenants, inspections, deposits and everything else. He gives top tips for letting a property at higher prices and how to get the right tenants. Why landlords need letting agents, current changes in legislation and what are the opportunities in the market right now for letting agencies.

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

30 Mar 2022Spring Budget: Everything You Need to Know00:06:08

A short but informative episode where Mark discusses the current economic news including the changes in the new budget and what he thinks will happen next.

 

KEY TAKEAWAYS

 

  • We’re coming to a period where living standards are going to reduce in ways not seen since the 1950s. The rise in inflation and employment issues are all adding up to a historical economic time; and we are living in it.
  • There has been a £2300 increase on the income tax threshold and a 1% reduction on the basic rate income tax will have most significant effect on most people in the new budget.

BEST MOMENTS

 

“I suspect it’s more of a gesture rather than something concrete that will make a difference”

“Rishi is certainly very good at telling people her cares, but looking at these numbers you start to see he only cares a little bit”

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

 

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

 

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

14 Mar 2024What Does The Budget mean for Property Investors? Budget & News Update00:19:04

Mark gives an overview of the current news stories around property including new legislation and the recent budget. Mark also talks about the many changes around serviced accommodation, current house prices and gives his thoughts and opinions on why other markets aren’t investing in the UK.


KEY TAKEAWAYS

  • When governments reduce taxes, they generally find they receive more tax as people spend more in the economy.
  • Other markets aren’t investing in the UK as they don’t see our companies as efficient of innovative.
  • There are big changes happening in serviced accommodation, you will no longer be able to claim capital allowances on SA and much more planning will be needed for new serviced accommodation.
  • There have been more changes in the property market since Christmas with some areas seeing 10-15% drops.
  • It’s a fine balance between legislation to help renters and pushing landlords too far, reducing the rent stock further and making the problem worse.

 

BEST MOMENTS  

"As you reduce tax rates, often the amount of tax you take increases”

“The markets see our companies as nowhere near efficient”

“You’re not going to be able to claim capital allowances on serviced accommodation” 

“Inflation is now at about 4%, we need 2%, we were and 10%”

“Renters reform bill is on the brink of collapse”

"It pushes rent up"

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

12 Dec 2024Mark's 6 2025 Housing Predictions00:13:02

Mark outlines his predictions for the housing market in 2025. He talks about what he thinks will happen to rental prices, interest rates and the impact of the US Election as he gives his 6 Property predictions for 2025.

 KEY TAKEAWAYS

  • Rent will continue to rise in 2025 due to stamp duty increases, EPC ratings and the repeal of section 21, meaning less buy to let landlords will be buying property, increasing demand.
  • Economic growth is still going to be slow in 2025, interest rates are likely to continue to drop.
  • Mark predicts that build-to-rent is a sector that is going to grow in 2025
  • Donald Trump being elected is going to have a significant impact on the world economy including the UK, particularly if we get a good trade deal directly with the U.S
  • If Elon Musk is able to save the US government as much as predicted, what he does will become a model for the rest of the world
  • Permitted development conversion caps have been removed, Mark predicts there will be more conversions of office and retail spaces into domestic accommodation in 2025

 

BEST MOMENTS  

"I’m targeting between 5-10% of growth in build to rent”

“If Elon Musk gets into the US government, there’s talk of him saving $2 Trillion a year in their budget” 

“You can convert lots more retail buildings now”

 

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

 

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

 

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

12 May 2021Economy, Property & Stock Market Update | Is a Crash Coming?00:14:51

 

In this episode of Mark My Words, Mark explores the possibility of a property crash coming. And, if it does, what you can do to mitigate your risk, ride it out and come out the other side unscathed.

 

Mark also gives an update on where the economy is right now, and although he reflects on what has happened in the past and gives ideas and predictions of what may happen, no one actually knows what the future holds.

 

KEY TAKEAWAYS

 

  • In recent weeks and months Mark has seen an increase in demand, and cash, for property in desirable ‘leafy areas’ as well as terraces in his local area. There are a lot of people chasing a lack of desirable properties.

  • The growth bubble we are in at the moment wasn’t entirely predicted, many people expected there to have been a crash by now. It is something that is very difficult to predict, the market hasn’t had to deal with anything like this pandemic before, the parameters are new, vast and different.

  • Furlough is due to end in September, this will be the biggest test to the market. Furlough has become the waiting room for redundancy.

  • If you can find a good deal now, then whatever happens it will be a great thing. Timing at the moment is incredibly hard to predict, but in the long term property that is a really good deal in the current climate is relatively low risk.

  • Most economists are now predicting a post-pandemic boom. People have not been spending their money, there is cash and spending to come.

 

 

BEST MOMENTS

 

“If you’d had George Osborne and Cameron in charge the result might have been different, they may not have supported to the same extent”

“They will actually devalue sterling by inflating it...the pound in your pocket is gonna be worth less”

 

“There are so many little wheels that move…all of this stuff feeds in to create an unpredictable result”

 

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

 

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

 

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

15 Feb 201811 things Me & Rob have learnt in 11 years in Business00:31:51

Mark & Rob share their business tips on how to run your business successfully. Why you need to manage your emotions, the importance of marketing and what a "no" actually means. Why people work for themselves and not for you and the three things that can help you grow, creativity innovation and ideation.

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

28 Aug 2019Classic Car Investments 101, Interview with Daniel Gannon, Co-director of Car-Iconics Ltd.00:45:42

What’s the best car model to invest in right now? 

Having classic cars (or vintage cars) isn’t a big liability at all, as most think. If your investments are already in placed and you’re looking for a new game plan, then look into classic cars.  

In this episode of Mark My Words Podcast, Mark chats with Daniel Gannon, the Co-director of Car-Iconics Ltd. Daniel has been passionate and very knowledgeable about cars ever since. Discover everything you need to know today so you can make money and enjoy your passion about cars at the same time. 

Mark and Daniel dive deep on the technical stuff--aside from giving financial advice—from learning about what to inspect when looking for cars worth investing to learning about the car market, there’s a lot to learn on this episode. 

KEY TAKEAWAYS 

  • The classic car market, since early 2000s, have slowly fell down. Cars right now have become electronic- or technology- heavy.  
  • Putting it in in a bank is also a risk. So, if you’re in a good position with your investment portfolio, it’s okay to put those extra cash on a new car. At least, a classic car’s value grows through time and it’s something you can enjoy at the same time. 
  • How do you make sure you’re buying a high-value car? Do visual and mechanical inspection. And, brands are all the same so it shouldn’t be your first basis. 
  • According to him, the best car is a Mercedes-Benz AMG SL 65 MG V12 (R230). He bought his own of the same model with just £7,000, and it was worth it. 
  • They’re looking on putting more left-handed driven cars because there is a larger demand for them. 

BEST MOMENTS   

  • "Definitely, for the last 10 years, you can say that money has never been cheaper. 
  • “Look at cars that are off the radar.” 
  • “You got to love what you buy.” 
  • “It’s important that you buy a car that’s been restored by the right company.” 

VALUABLE RESOURCES 

ABOUT THE GUEST 

Daniel Gannon is the co-director of Car-Iconics Ltd. Daniel’s and his father Stephen’s passion about cars inspired them to start their own brand and in which, they’ve been sharing their knowledge and experience on driving, collecting, racing, and restoration of cars. Aside from these, their business also gives the best advice so you can choose the best car out there which you can not only enjoy driving and owning, but also enjoy its investment potential. 

ABOUT THE HOST 

Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, and co-authoring the UK’s best-selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined. 

Contact Method 

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

27 Jun 2024Mark's Manifesto Roundup: Crucial Insights for Property and Business00:25:11

Mark has read through the main political parties’ manifestos, and in this episode gives his thoughts on everything from Labour’s spending promises and Green’s 1% wealth tax to The Reform Party’s proposed 45% NI for foreign workers. He focuses on the parts of the manifestos that will be important for those in property, investing and small business owners. Mark also talks about the issues politicians need to focus on to bring the country out of debt and stimulate growth. 


KEY TAKEAWAYS

  • Labour’s spending promises are actually lower than the conservatives. However, there is nothing much about planning or property legislation.
  • Immigration has hit 750k so the Conservative’s promises around this haven’t been kept.
  • The Green Party are proposing a 1% wealth tax, these kinds of tactics haven’t worked in other European countries such as France, and they don’t lead to the effect desired.
  • The country's debt is impacting growth but none of the parties have focused on it in their manifestos.
  • There are more working-age people on benefits and out of work than pre-covid. This needs to be tackled by all parties
  • The first time buyers schemes will likely be extended and the upper values increased to keep in line with the market.

 

BEST MOMENTS  

"I think the older you get the more cynical you become”

“I do believe lots of people will up sticks and leave”

 “We have debt levels of nearly 100% of the size of our economy, it is unsustainable it needs to come down”

“Do I think we will ever return to the EU? Yes I do”

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

20 Jan 2022The Property Market Continues to Rise, Is Rolls Royce Stock Undervalued & The Rise of the Chinese Market00:25:05

Mark talks through his plans for the next year, including where he is at with his present development and discusses the current state of the UK market. Mark also highlights what impact he thinks various current events might have on business owners, investors and property developers.

 

KEY TAKEAWAYS

  • Retail and Offices have had a difficult time but this could be an opportunity for some.
  • The stats show that property prices have risen significantly across the board but as discussed in previous episodes, there are many reasons for this both directly due to the pandemic as well as indirectly.
  • There is clearly a major energy crisis at the moment, this has been building for many years and is coming to an expensive head. Environmentally friendly options are the end goal but in the medium-short term we need to consider other options such as nuclear energy.
  • Food apps such as Deliveroo and JustEat are here to stay, the growth and investment at the moment is very high. Eventually it will be too much and there will be some consolidation but for now it’s a booming market.
  • The Chinese economy continues to grow tremendously, there has been a lot of investment and development but it’s important to pay attention to the messages the Chinese government are sending too.

BEST MOMENTS

“Interest rates are expected to go up but really all they’re doing is normalizing”

“These apps are clearly here to stay, they’re going to grow”

“Does it mean the rich are getting richer? Well no, not necessarily”

"This is communist China, what's actually going on under the surface no one really knows"

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

 

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

 

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

27 Feb 2020What Does 'Fire in The Belly' Mean to Mark? With Pete Lonton01:02:55

Everyone has a passion or a belief; something that drives them to be who they are. It’s a concept known as ‘Fire In The Belly’, explored further by Pete Lonton this week, when he discusses the driving forces behind the success of his special guest, our host Mark Homer.

In this episode, Mark explains what “fire in the belly” means to him, as well as the purpose behind his mantra: “Focus like a laser on one thing, and become the best at it"

KEY TAKEAWAYS

  • You need to invest in things you understand, and in which you can, to some extent control. Mark sees far too many get-rich-quick schemes that promise much, but deliver little. Each opportunity contains a truth at its centre. It’s about find that truth and deciding if it’s a fit for you.

 

  • Mark was trained at an early age to always play the long game. Saving was a big part of his childhood, and delayed gratification was a value instilled into him by his frugal father. Patience is a quality that has served him well.

 

  • Networking with the right people allows Mark to constantly learn and grow. By providing value to the people around him, and by drawing value for them, Mark is perpetually developing.

 

  • Investment is largely based around logic. Many of Mark’s successes have been built upon his instinctual talent with numbers, and his highly efficient systems based on data.

 

  • Logic sometimes has to take a backseat though. there are times when Mark calls upon his gut instincts to make decisions. But as he explains, these feelings are always based upon experience, which in itself, is a logical choice.

 

  • Hard work and self-sufficiency are the main values that Mark is hoping to instil into his own children. The greatest gift anyone can be given is self-reliance.

 

  • You can develop yourself if you apply yourself. Baby steps that take you forward, and playing the long game with patience, are essential components for success, development and happiness.

 

  • You’re often best-off doing what you know. For Mark and his business partner, Rob Moore, the founding of Progressive property has allowed them to see where they belong, and has made them recognise that the skills and talents they possess are best suited to the company they have founded.

 

  • Stagnation is always a business-killer. Look for the opportunities to grow, even in the smallest areas. Be the best you can possibly be.

 

  • Ego drives Mark to a certain extent. Pride should be taken in achievement, and it should also be used as a barometer for future opportunities.

BEST MOMENTS

  • ‘I love finding the truth of an investment’
  • ‘I don’t like being frivolous. It makes me feel sick’
  • ‘People like that are inspiring’
  • ‘Gut feeling is the distillation of all the things you’ve learned over the years’
  • ‘If you buy into that then you’re not going to be successful’
  • ‘Words are only so effective’
  • ‘You’ve got to keep it fresh’ 

VALUABLE RESOURCES

Mark Homer LinkedIn - https://www.linkedin.com/in/markhomer1/?originalSubdomain=uk

Mark My Words - https://podcasts.apple.com/gb/podcast/mark-my-words-podcast/id1165370399

Mark Homer Twitter - https://twitter.com/markprogressive?lang=en

ABOUT THE GUEST

The ‘Mighty Pete Lonton’ from the ‘Mighty 247’ company is your main host of ‘Fire In The Belly’. 

Pete is an Entrepreneur, Mentor, Coach, Property Investor and father of 3 beautiful girls. Pete’s background is in Project Management and Property, but his true passion is the ‘Fire In The Belly’ project itself. His mission is to help others find their potential and become the mightiest version of themselves. Pete openly talks about losing both of his parents, suffering periods of depression, business downturn and burn-out, and ultimately his years spent not stoking ‘Fire In the Belly’. In 2017, at 37 years of age that changed and he is now on a journey of learning, growing, accepting and inspiring others.

Pete has the ability to connect with people and intuitively asks questions to reveal a person’s passion and discover how to live their mightiest life. The true power of ‘Fire In the Belly’ is the Q&As - Questions and Actions!

The ‘Fire In The Belly’ brand and programme is rapidly expanding into podcasts, seminars, talks, business workshops, development course and rapid results mentoring.

CONTACT METHOD

https://www.facebook.com/mightypetelonton/

https://www.linkedin.com/in/peter-lonton-4b83184

https://www.facebook.com/groups/430218374211579/

ABOUT THE HOST

Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, and co-authoring the UK’s best-selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined.

 

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

20 Sep 2017Sourcing Deals, Developing Properties & How to Make More Income From Your Property Deals, Mark Live from Peterborough00:41:00

At a live talk at Progressive HQ, Mark discusses and takes questions from the audience about developing sourced deals with permitted development and what should be considered when developing properties from car parking to fire safety, to ensure the smooth running of the project. Mark also talks about some of his current projects that hes working on and challenges he has overcome so far in the developing process. 

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

10 Jun 2020How I Cured My Insomnia00:10:40

Do you feel restricted on what you can achieve in life because of your poor sleeping habits? Discover today the importance of getting enough sleep and the effect this can have on your physical and mental health and how mastering “sleep restriction therapy” will change your life for good! Listen in today to find out more.

KEY TAKEAWAYS:

  • Sleep is one of the most important bodily functions. Not sleeping has all sorts of long term health consequences such as heart disease, cancer, obesity and it has a massive impact on individuals cognitive functioning.

  • Often when you really try to put your mind to something, and you focus hard on fixing it, you will succeed.

  • There are many things that can help you fall asleep, such as not eating after 7 pm, only drinking water after 8 pm, no screen time after 9 pm and taking a warm, relaxing bath in the evening as well.

  • Another successful way to help you sleep is by practising sleep restriction therapy. You need to create a strict sleep diary and only go to bed for the time that you will be asleep. Limiting the things you do in bed, these include no reading, no watching TV and not using your phone.

  • The process can take a couple of weeks to get you from sleeping a poor 4-5 hours to a full 8 hours. The therapy is adjusting your circadian rhythm and you must stick to it rigorously.

 

BEST MOMENTS

“Times of higher stress can affect your sleeping.”

“It will change your life, it changed my life.”

“Within a week, most insomniacs show that they went from 67% sleep efficiency to 87%”


VALUABLE RESOURCES:

https://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwjdkd7UiPfpAhVsQUEAHSPSC3kQFjABegQICRAB&url=https%3A%2F%2Ffast-asleep.com%2F&usg=AOvVaw1h19Fa_6IPVVrXPkbCQDJb

ABOUT THE HOST

 

Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, and co-authoring the UK’s best-selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined.

 

CONTACT METHOD

 

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

12 Nov 2020How to Invest £25,000 With Business Partner Rob Moore00:45:25

Listen in to episode three of a Mark Homer’s brand new mini-series on ‘How To Invest 25k’ for maximum returns. In this episode, Mark and Rob dive into the perfect investments you can make with £25,000. Join in as they cover the top investment strategies and their risks and their returns from property tactics and fundamentals to what industry to start, grow and scale your business in and which investment stocks, shares and trackers you should be adding to your portfolio.

WATCH ON YOUTUBE

How to Perfectly Invest £20,000 | The Best Stocks | Property | Gold & Classic Cars

SUBSCRIBE TO THE SERIES

Watch Live On The Progressive Property YouTube Channel Every Monday At7PM Tiny.cc/PPTV

Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes

 

KEY TAKEAWAYS

  • Property: For £25,000 you can quickly and easily source a buy-to-let property that has an opportunity to add value. Aim to purchase in a cheaper area of the country so that you can roll that capital investment into further single-lets after refinancing.

  • Business: A £25,000 investment can enable you to start a number of profitable business models but the ‘sweat-equity’ model whereby you work hard to cut costs and save money, in the beginning, will give you a greater chance of success in the future.

 

  • Shares: £25,000 can easily be put into tracker funds or single equity investments although at a higher risk. It’s a good idea to spread your shares around for minimal risk and maximum return. Investing in the top 10, premium bonds and precious metals can help to diversify your portfolio.

  • If £25,000 is all you have you invest, with no contingency but still want to get a maximum return Rent2Rent property investing is the quickest way to generate a monthly passive cashflow. It would be wise to keep £5,000 aside as a backup and seek a JV partner for further property investments

  • Starting a business can be the best way to see huge return on your investment but you must build your business with minimum outlaw with a maxim spend on marketing to grow your business and generate clients. eCommerce (Amazon/Shopify), content and informational based business models are growing marketplaces right now.

 

BEST MOMENTS

“Premium bonds can yield you a 3% return”

“There have been some big losses with crowd-funding over the recent years”

“The Steel Daytona is a good investment watch to purchase now that will increase in value in the future”

“It’s critical that you love what you’re putting your money into. You need to want to read, learn and become better at the investment that you make.”

 

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/
https://www.vanguardinvestor.co.uk/
https://www.hl.co.uk/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

ABOUT THE GUEST

Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller "Life Leverage" Host of UK's No.1 business podcast "The Disruptive Entrepreneur."

"If you don't risk anything, you risk everything."

CONTACT METHOD

Rob’s official website: https://robmoore.com/
Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs
LinkedIn: https://uk.linkedin.com/in/robmoore1979

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

15 Dec 2016Mark Homer Contrarian Investing, Live From World Record Longest Speech Marathon Part 200:49:59

On this second part, Mark goes on talking about asset classes. He shares ideas on how to be wealthy over the long term, how to set your goals, choose your strategy and model that best fits you and grow.

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

19 Jan 2017Mark Interviews Property Tax Expert Luke Prout00:44:30

Tax expert Luke Prout talks about tax rules and changes in the property business. He talks about the ability to offset the mortgage interest against the rent as a limited company, versus individual owners. Tips and tricks on how to reduce your tax bill, use the capital gains allowance, refurbish your property and deduct expenses.

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

16 May 2018Mark interviews planning consultant David Kemp on the national planning policy00:51:33

David Kemp returns to the podcast to discuss the latest updates to property development law and legislation around the subject of the national planning policy. David covers some key facts that you should be aware of as a property developer or investor from SIL & CIL legislation to SANG, and how to make sure you are paying the right amount for land destined for development. 

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

20 Apr 2022Why You Should NEVER Pay off Your Mortgage Early00:11:22

Mark has been investing in property for 15-20 years, approaching the 100 mark in terms of deals made and has a 70 million equity stake in various portfolios. One of the questions he repeatedly gets asked, is whether it is worth using additional cash to pay off your mortgage or if it is better to invest it elsewhere. Listen in to this episode to hear his thoughts and answers to this common question.  

 

KEY TAKEAWAYS

 

  • If you are even slightly disciplined you should not pay your mortgage off. If you are worried about interest rates then look at fixed rate mortgages.
  • If you can invest your cash somewhere else, you will earn more back on that lump sum than you will be paying in interest on your mortgage.
  • Property is still by far the best investment opportunity particularly in terms of lending from banks; they will always give you a great interest rate on anything you borrow.

BEST MOMENTS

 

“Why would you want to pay of your mortgage if you can get consistently good returns by investing in your isa and getting much much higher investment returns”

 

“You’ve got to make your money work for you, no one else will look after your money like you do”

 

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

 

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

 

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

21 Jan 2021My Property Predictions for 202100:11:13

After an unpredictable year for both business and property in 2020, join your host Mark Homer as he discusses his property predictions for 2021. Mark discusses how peoples’ house preferences have changed, reliable property investment strategies and why we are likely to see a rise in HMO’s and single let properties.

 

KEY TAKEAWAYS

  • The pandemic has had a huge effect on the retail industry. Many retailers are moving their headquarters to the outskirts of the city to fulfil their customers’ needs for online purchasing. Despite what most of the property experts said, property prices have risen this year.

 

  • More people are working from home since the pandemic began. This has had an impact on the types of homes people need with purchasers choosing to live in larger homes further out since they no longer have to commute to the office. The government granted a stamp duty exemption in 2020 and there is talk of this being extended in 2021 which will help the property market even more.

 

  • Rather than look at whether the property market is going up or down focus on what strategies will be successful. The property market is often unpredictable therefore reliable strategies are always safe investments. Nobody can predict what will happen to the interest rates, government support or unemployment rates.

 

  • Houses of multiple occupancy and single let’s are likely to become more popular in 2021 as unemployment is predicted to rise. More people will decide to rent instead of buy which is likely to see rental prices rise.

 

  • 2020 taught us that things can only get better. During the last recession, there were many motivated sellers and the demand for property deals rose as many sellers needed to offload their properties to raise cash. Once the market came back, property prices rose.

 

 

 

BEST MOMENTS

“Most experts were predicting either a shallow fall or a crash.”

“This is a good thing for property investors as it lifts the value of your asset.”

“The bank of England has been making noises about negative interest rates.”

“More likely, like what happened in the previous recession, asset prices are likely to go up.”

 

 

 

 

 

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

 

 

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

 

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

06 Oct 2021Sterling Stagflation Crisis & What will Really Happen When Furlough Ends?00:15:45

In this informative and frank episode, Mark talks about the current Sterling ‘crisis’, he also explores what may happen when furlough ends and the wider economic impact this will have on the country.

 

KEY TAKEAWAYS

 

  • Stagflation is when you have low growth and high inflation. This is what has been suggested will happen next, not helped by all the recently gloomy headlines around supply of materials, products and lack of workforce. The bank of England expects inflation to drop once the supply issues are solved but many markets are not convinced in the short and medium term.
  • There were a lot of rumours that unemployment would rise to unseen numbers when furlough ended, but so far this hasn’t happened. There is a lot of demand for people in various sectors due to Brexit so there appears to be plenty of jobs out there right now.
  • Furlough was very specific, it was designed to support industries that would otherwise be doing well if it was not for the pandemic. In the future, if unemployment is due to the economy then it should be allowed to naturally end.

BEST MOMENTS

“Demand being as it is, this is clearly going to increase prices”

“Was the furlough scheme a good thing?”

 

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

 

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

 

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

22 Sep 2021REWIND: How to Make BIG Money in Fine Wine00:38:48

Are you an entrepreneur out there who wants to know and invest in liquid assets like wine and see huge returns on your investment? In today’s episode of Mark My Words, Mark and innovative entrepreneur and investor Daniel Gurr discuss in detail the opportunities in wine investment, how to store your wine to avoid damage, the benefits of investing in wine over other investments and why now is as good a time as any to begin to invest liquid assets.

KEY TAKEAWAYS

  • Financial markets and how the traditional remit of investments have changed over the past decade. That's due to financial market volatility and of course, the environments of record-low interest rates we find ourselves in, so traditional investors are starting to look outside the mainstream box and adopt strategies within alternative asset classes. Fine wine has characteristics which enable the markets to have a very low correlation to other financial markets. With, of course, the trajectory of the market over the past 10 years, we've got consistency, of course, with the market being demanded by the higher echelons, which is increasing year by year is a good time to invest into the asset class itself.
  • You might come into the market and ask how is the price going to keep on going up in value? The fine wine market has two very unique characteristics.
  • It has an ever-increasing demand because of course, it's a consumable asset, but it's also an asset that increases its quality over some time. So straight away what we've got here is a market that's got finite supply, ever-increasing demand because the wine is maturing, but it's also got an ever-decreasing supply.
  • The best thing about fine wine is that it works off a compound interest formula. It's interest upon interest upon interest. So in your first year from that asset, you might see eight to 10% but come that second year, the circulation is decreasing.
  • All of the client’s wine is stored and insured and as long as it's stored in HMRC regulated facility, the wine will stay in that bonded warehouse for remaining of its life. So, therefore, duty and capital gains tax are not applicable.
  • If you had two investors that wanted to come up to you and invest into property, one was a complete novice and never invested into a property before, you're probably not going to introduce them to an HMO or commercial conversion, whereas if you've got someone that has been in property, they've got a background in property, you would introduce them to something different, and that's the same for wine. They can sort of diversify and get into the slightly riskier stuff and make higher returns once their knowledge grows.
  • Red wine is at the core of investment, what about white wine investment? That is more so into a specialist market. What we advise clients is we look at the red wine because of course, with regards to that it all comes back to history and with ourselves, if we're putting our name to what we're suggesting you as you can appreciate, we have to know the full corporate background of that particular wine and it's not to say white wines don't go up in value but of course, they don't have the history and they don't have the corporate background to what red wine has.
  • Where and how do you store wine? There are a few storage facilities in the UK. They’re HMRC regulated facility. They're holding it 13 degrees here, away from sunlight, away from the vibration. If you're going to store wine yourself, it has to be stored at the right temperature. As long as you keep red wine at a consistent temperature, because if you've got the uncertainty affecting that wine, that there will be an effect there.
  • There are different subsidiaries, you've got Octavian, you've got LTB and you've got AHD just to name a few, but I'd be phoning them and asking them how this business is? How long have you been working with that particular company? Would you say they're credible? And get their opinion. Also ask the question, "Do you have a wine that you're trading to me? Is this currently in your account?" Or are they taking your funds and then going out to source the stock.
  • Why is wine better or not better than other physical assets? The direct answer to that is fine wine has characteristics that other collectables and other alternative investments don't have and that would be fine wine matures as time goes on. So it has an ever-increasing demand, but because it's a consumable asset, there will be a time where the availability of that wine is going to run out.

BEST MOMENTS

  • “Bullshit baffles brain.”
  • “The quality of the wine improves over time as it gets older unlike a watch or a car.”
  • “As people drink it, there is less of it, therefore; the supply side and the demand side should become more favourable over time pushing the price up.”
  • “I believe fine wine is a great way to insulate your wealth when there is economic uncertainty and even more so than gold.”
  • “Fine wine is inverse to cyclical trends and cyclical trends being traditional re-investments.”

VALUABLE RESOURCES

  • Book called Investing Into Liquid Assets

ABOUT THE GUEST

Daniel Gurr is an entrepreneur helping people reach their financial objectives by creating innovative and exciting strategies. Daniel is one of the portfolio advisers and has been with Elite Fine Wine for 3 years after transferring from a wine merchant in Australia over to the UK. Daniel has been instrumental in the accelerated growth of Elite over the past 2 years and played a key role in the development of some of our more junior team members.

CONTACT METHOD

 THE HOST

Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, and co-authoring the UK’s best-selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined. 

CONTACT METHOD

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

13 Jul 2023Simon Danczuk: Former MP Exposes Government Secrets, Landlords Tax & UK Economic Crisis00:44:05

Ex-MP Simon Danczuk joins Mark to share his many political views and in-depth knowledge of the system and the people of the UK. He talks about his days as an MP including exposing the Rochdale grooming gang and Cyril Smith, about his business background, immigration, the private rent sector and housing and the lack of leadership in parliament.

KEY TAKEAWAYS 

  • At just age 15, Simon knew he wanted to become an MP and eventually became a counsellor at 27.
  • Simon formed his own business and stepped down from being a counsellor. But once he hit 40 he decided to get into politics again and became an MP for Rochdale in 2010.
  • Some of Simon’s experience from being a counsellor, allowed him to win clients for his agency because he understood a lot of the context and detail.
  • You can’t have a flexible labour force if you don’t have enough rentals and housing for people to easily move.
  • What politics has been lacking is strategy and vision which we are seeing the real impact of now.
  • There’s a big economic event every ten years but the issue at the moment is that the media is particularly good at fear-mongering which has a large impact on the collective feeling of the country.
  • There are 23 million working-age people in the UK that are economically inactive. We need to really incentivise these people to start working.

BEST MOMENTS  

‘I get a lot of satisfaction from solving people's problems and coming up with solutions”

“People still like to buy their home but rental is still crucial”

“Rents have doubled since 2016 because they have reduced the amount of rental properties”

“Surely you can incentivise people to go back to work”

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

26 Apr 2017Mark Interviews David Kemp Planning & Development Consultant00:46:16

David Kemp talks about his projects and journey so far in property business. He talks about permitted development rights and how to extract value from buildings. He shares his personal experience on developing projects, tips on how to deal and negotiate with counselors and things you can use to your advantage to get through the planning process.

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

10 Mar 2022Nigel Farage: Debate on Markets & Incoming Crash | How to Win Big During a Recession01:18:32

This is an extra special podcast episode with none other than Nigel Farage! Mark feels really akin with Nigel’s politics and watches GB news every evening so was very excited to record this episode for you all. Nigel and Mark talk about the start-up and progress of GB news, Covid-19, business and all things politics including his opinion on PM Boris Johnson and why Nigel believes we need a Brexit 2.0! They also discuss Nigel’s incredible knack for predicting what is going to happen next in the political landscape and what the public opinion will overwhelmingly be!

 

To hear more from Nigel & Mark head to Rob.team

 

KEY TAKEAWAYS

 

  • Since GB news was launched, Nigel has already seen the changes it has brought to the broadcasting landscape. Many channels and programming is duplicating the GB formats and introducing more talk shows and opinion pieces.
  • Broadcasters have a big responsibility and if they get things right then they can create enormous ripples that change what happens in our country and in the world.
  • Nigel has been a sensible environmentalist all his life. He doesn’t understand what the goal of net-zero emissions is when all we are doing in the UK as a country is exporting our emissions and actually creating more pollution. It creates a whole host of other problems and isn’t actually any better for the planet. We have the resources to be self-sufficient for energy but we aren’t, he asks why?
  • The ramifications of Covid on society is hard to measure but we also can’t ignore the huge impact Covid restrictions have had on the countries mental health, education and children’s development. Nigel believes when we look back on this we will see that lockdowns and restrictions actually did more harm than good.
  • Nigel’s treatment by other MEPs and in Brussels was very negative. After his 2016 speech it became even worse and he even got refused service in restaurant and cafes.
  • It isn’t easy to ignore criticism and not care about everyone’s opinion but Nigel got to a point in 2014 where this is what he had to learn to do. Now he doesn’t even take an interest in others opinions about him, they are just that, their opinions and not his.
  • Nigel believes there needs to be a Brexit 2.0. he thinks we need to leave the European Call to Human Rights to help with the large scale immigration still happening.
  • The power and control big media and tech companies have now frightens Nigel. He is worried about the cancel culture we are seeing and the restriction on free speech. He can only hope that some of the challengers coming out will help disrupt these industries and allow everyone to have free will and communication, on all topics.
  • The answer to labour and skill shortages isn’t immigration. Nigel states that opening the dialogue with young people and a reorientation towards them acquiring skills and trades rather than degrees could be the solution. It’s incredibly difficult to run something like an engineering company right now just on English skill sets.

BEST MOMENTS

“I think for once the free press and our parliamentary systems has worked”

“I have been a sensible environmentalist all my life”

“The impact on our way of life has not been positive”

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

 

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

 

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

15 Oct 2016Mark Interviews Best Selling Author, Personal Development Guru Dr John Demartini00:35:03

John Demartini talks about our values in life. Why it is important to find out our values and identify our priorities. How to deal with other people taking care of their values. He also talks about his way of learning and researching, his career, and he gives advice to people who want to start with their business.

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

03 May 2018Mark Interviews Quentin Willson Former Co-Host of Top Gear, Author, TV Producer & Entrepreneur00:46:08

Quentin Willson talks with Mark about cars and the car market. Why to invest in cars and how to do it. How to identiify the right strategy for investing and differences from property market.

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

05 Jan 2024Mark's 2024 Property Predictions00:13:18

In this episode, Mark outlines his predictions for property for 2024. He discusses the implications of the market in 2023, what he thinks will happen to house prices and rent rises as well as the multiple reasons more and more landlords are choosing to sell up!

KEY TAKEAWAYS

  • For the end of 2024, Mark thinks house price falls will moderate and stabilise
  • Mark believes rent prices will continue to rise throughout 2024
  • There is less supply of rental properties and this is continuing along with population increases.
  • Section 21 is mostly used by landlords when tenants have run up arrears.
  • There is going to be a consultation taking place to split houses into two apartments which could be positive for developers.
  • The government have confirmed that landlords won’t have to meet EPC rating of c in all properties by 2025. Which makes many properties more viable to property investors.

BEST MOMENTS  

"I think rent rises will continue through 2024”

 “From 2016 to now we have seen an almost double of rent [prices] in this area”

“Lots of landlords are leaving the sector because they can see the section 21 being repealed”

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

18 Mar 2021My Reaction to Gamestop (GME) & Bitcoin00:10:34

There are two types of investors. Those who cannot time the market, and those that know they can’t. Join Mark today as he discusses why serious investors should not focus on the short term profits their shares can make and why looking long term is more beneficial.  Mark also shares his thoughts on Gamestop, Bitcoin and market predictions.

 

KEY TAKEAWAYS

  • The internet has changed the way of investment in the sense that it has managed to group people together to help them learn about investment. Platforms like Reddit have created increased, co-ordinated effort from smaller investors who are investing in things on a very short term basis. They are effectively day trading.

 

  • When you buy shares you should be looking to have them for at least 5-10 years.  You should aim to invest in something that you believe in and that is fundamentally a good company. This is because, even if the company takes a long time to be viewed as a worthy investment, it is one that you have confidence in and where the market will come to recognise the value of that business.

 

  • It is not advisable to invest a lot of your net worth into Bitcoin. This is because it is a very high risk strategy with huge girations. The technology behind Bitcoin is supposedly very secure but it is encrypted. It is not beyond the realms of imagination that Bitcoin could get hacked.

 

  • Many of the people that are investing in Bitcoin have a very superficial understanding of it. Nobody can predict whether it is going to go up or down. People are wanting to time a market that is not timeable. There is not an individual who can predict the short term movements of this stuff.

 

  • Those who are serious about investing should not focus on the short term movements of stock. They should instead, be focusing on the medium to long term results. Good and clever investors can  make good and informed predictions. There are two types of investors, those who cannot time the market and those who know they can't.

 

BEST MOMENTS

“I didn't realise that Reddit would have this much of an impact.”

“There are going to be winners, and there are going to be losers”

“There is no intrinsic value, which is not great.”

 

VALUABLE RESOURCES

https://www.youtube.com/user/progressivepropertyhttps://

www.progressiveproperty.co.uk/the-progressive-co-founders/

 

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

 

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

 

 

 

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

23 Aug 2023Debating The Housing Crisis With Nigel Farage00:09:02

Mark Homer joins Nigel to talk about one of the ways he sees us dealing with the housing crisis, redevelopment of retail and other commercial units into residential use. They discuss the barriers to general development and the new legislation coming into place soon.

KEY TAKEAWAYS 

  • The government hasn’t been getting anywhere near its target for building houses, largely down to local planning and democracy.
  • Over the years it’s become more difficult to convert commercial property into residential but there is some new regulation being discussed that could change this.
  • You don’t get the same objections and difficulties when trying to develop housing in a city centre -vs.- rural communities.

BEST MOMENTS  

‘Everywhere the government turns it finds it more and more difficult to meet these housing targets’

‘I was the first person in Peterborough to take an office building and turn it into apartments’

‘It makes sense to live in city centres now and if we do a new kind of shopping with emerge’

‘So many builders are saying that the current green targets, are making it harder and harder’

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

17 Nov 2022The Truth About Rising Rents00:21:08

In this episode, Mark talks all about the rental market including how you can manage your own residential portfolio and deal with the rising crisis.

KEY TAKEAWAYS 

  • Mark has been working with rentals in Peterborough since 2005. Sine 2016 the sector hasn’t grown at the rate it needed to due to new government legislation, this has created the lack of supply we are seeing now.
  • Some of those who were planning to buy houses not can’t due to interest rates so will also be looking at the private sector.
  • As a landlord, your mortgage may be going up due to interest rises but because of high demand, you should be able to increase your rent to offset this.
  • We’re not going to suddenly see the sales market recover so rent will continue to go up.
  • The government have created policies that have impacted both landlords and tenants negatively.
  • Now is the time to buy, you make the most money when you buy in a depressed market.

BEST MOMENTS 

 “The private rental sector just hasn’t kept the pace”

“The rental market is as good as it’s been and they expect it to increase further”

“You need to be able to cover your costs and make a bit of profit”

"You make your money when you buy in a depressed market"

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

 

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

19 Apr 2023Will Rising Energy Bills & Oil Prices Crash The Market?00:22:21

In this episode, Mark gives an update on energy, particularly on how this will impact landlords and the property market.

KEY TAKEAWAYS 

  • The government has confirmed that landlords will need to meet an EPC rating of C or better by 2028 for new and existing tenancies.
  • The best ways to go from a D or an E to a C rating is by a few small changes, such as energy saving lightbulbs, adding a storage heater or adding solar panels.
  • Start planning for your properties now, as the deadline gets closer EPC experts will become busier and it will be more costly for you to make the necessary changes.
  • There are exemptions, particularly if it’s going to be very costly for you to improve.
  • Some landlords will be selling due to this which presents investment opportunities for those who are willing to put the work and knowledge in.
  • Fuel prices will start to fall this year as wholesale priced drop and alternative options become available.
  • Diesel and petrol prices have dropped significantly, almost hitting pre-2020 levels. This means that electric car demand has also dropped, they aren’t as financially attractive as they were.

BEST MOMENTS 

“I think quite a few landlords are selling because of this, this could be an opportunity”

“More and more of these sources of energy are coming online now”

“I don’t think the energy cap will be needed in the same way going into 2024”

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a systems and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

 

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

02 May 2024Building Your Power Team00:06:06

Join Mark as he talks about how to build the power team you need for your business. Mark also talks about how to keep your team motivated and why it’s essential for the success of your business to work with a team.


KEY TAKEAWAYS

  • Working with property is a team sport, you can’t do everything yourself. Find the people who know more than you and work with them.
  • Due diligence is essential in finding the right people for the jobs you need. There are a lot of specialists when working with property, especially if you are working in renovating or conversions.
  • You want an expert with experience, someone who has verifiable skills in the exact job you want doing.
  • Progressive Property Approved, is a list of approved specialists that have proven experience with progressive so you can feel confident you have the right person for the job.
  • Mentorship is essential for building you and your power team, allowing you to continue to learn from those who have been where you are.

BEST MOMENTS  

"I’m a bit of a conductor, trying to find the right person for each job that I need doing” 

“You cannot know even a tiny percentage of what goes on in the property market”

“I've kissed so many frogs, picked so called experts, picked the wrong ones for the wrong jobs"

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

21 Jul 2021The Secret to a Successful Business Partnership00:52:02

In this episode of Mark My Words, the roles are reversed as Mark is interviewed by Ellie McKay from the On a Mission Podcast. They talk about Mark’s own journey into property and business, Covid and Mark’s mission in life.

 

 

KEY TAKEAWAYS

 

  • Mark grew up in a nice environment, including private schooling and travelled a lot. In Mark’s own words, his Dad was “tight beyond belief” and some of this rubbed off on him and helped shape his view of money.

  • Mark’s first entrepreneurial venture was when he was just 15, importing cars from the EU and taking advantage of the weak euro at the time. However despite this he still went to university and went onto a graduate scheme afterwards.

  • Mark bumped into Rob Moore at an event, they started talking at the bar and the rest is history! They now own one of the largest property training businesses including a large portfolio of properties and investments.

  • Mark is the co-owner of the leading property training company in the UK. He started learning about what he does himself from a mentor, he then took some courses to learn more but most of his knowledge and expertise has come from him actually doing the work. There has been a lot of mistakes and a lot of trial and error but that is why he is so successful today.

  • Covid has had so many different implications for businesses. For Mark’s business, it meant that they literally couldn’t operate their events, what they did was suddenly illegal. However, this did mean they had to pivot, and fast and have been running multiple successful live courses online!

 

 

 

 

BEST MOMENTS

 

"It’s important to control the cost but time is your most valuable commodity”

“What is freedom day?”

“It’s a solution based mindset, don’t wish it was easier wish you were better as you can’t control this stuff”

 

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

 

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

 

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

24 Jun 2020What to Buy Right Now During Lockdown00:20:19

Are you thinking about joining the world of property investment but don’t know where to start? Or are you simply looking to expand your property portfolio whilst there are some deals around? Well, listen in today as Mark answers all your property questions from commercial to residential conversions when the best time is to pick up a deal as well as busting the myth that the buy to let industry is dead.

KEY TAKEAWAYS:

  • It is likely that there has been a lot of reduced prices in the commercial sector since the pandemic. There are great deals in this sector emerging with some commercial buildings going for less than half their original listing price.
  • The easiest sector to do commercial to residential conversion is an office building or a retail building with up to two apartments as you don’t need planning permission. Whilst they won't be the cheapest in comparison to pubs or larger retail units, they do offer the least amount of hassle in regards to planning permission.
  • Property values are already decreasing. By the end of this year the economic situation will inevitably get worse because the grant money, furlough schemes and all the loans will start to wear off. Now is the time to be out there buying stock and bidding on cheap property as there will be some good deals out there.
  • There is no predicted exact date as to when the best deals will be. Start building your contacts with estate agents now, you may get a deal now but if not you will have built that bank of contacts and by the time the cheapest stock is out there all your contacts will be in place and you will be offered the best deals first.
  • Now could be a good time to purchase land if the price is right, due to recent changes you can get more planning consent on greenfield sites. You may use this period to get planning consent and then in a couple of years time you can be building and selling into the market.
  • Buy to let is alive and well you just need to buy the right property and ensure that it is high yielding and make sure you are putting it at the right sort of entity for the tax treatment. It is also a good strategy to buy single lets and utilise them as long as they are high yielding and bought for the right price.

 

BEST MOMENTS

“This time around I will do the same things, just go and buy a load of cheap stock that is high yielding.”

“The best deals are the ones that you find, you should get started now.”

“Buy to let is absolutely not dead, how could it be? Think of how many landlords and how many tenants are in the country.”

 

ABOUT THE HOST

Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, and co-authoring the UK’s best-selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined.

 

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

08 Nov 2018How To Invest In The Stock Market00:20:04

Welcome to another episode of the Mark My Words Podcast. In today’s episode, Mark shows you how to invest in the stock market, in a quick, easy and risk-controlled way. If you're an entrepreneur or property investor and want more tax advantages and benefit from an investment ISA or portfolio tracker, this episode is for you.

Mark walks you through his investments using his preferred investing platform, Hargreaves Lansdown and demonstrates the automatic way of spreading your money around the different products and opportunities available to you, right now.

KEY TAKEAWAYS

  • I've invested a lot in companies that have had issues in the media and it's viewed in the short-medium that they'll recover in the end because the band or product is strong enough to prevail. A lot of people invest on emotion and you'll find companies share prices drop down further than they're worth due to people emotionally trading. An example of this would be the Volkswagen emissions scandal where their share price dropped to a record low, but due to their brand and their strong product, they’re recovering and the investors are set to make a profit.
  • You should be looking at putting money in your account at various times throughout the year and building your capital up for investments. The best bit is they’re tax-free, you won’t pay any tax on the capital value and you won’t pay any tax on the capital gained.
  • Hargreaves Lansdown gives you choices of what to invest in, including individual shares (this is riskier). Invest in individual shares if you know the company and you understand what they do. Remember that if you are doing this, only invest a percentage of your portfolio as companies can go bust. This is why FTSE 100 companies are probably the type of businesses you want to invest in.
  • Another way of investing can be to use a tracker fund that tracks the market going up and down. These are very low costs and over the long term do very well. You could use a fund manager, however, over the very long term they don't generally do much better than a tracker

How to invest using Hargreaves Lansdown?

  • Open your account as an ISA. There is a limited of £20,000 to date. Now you can go and buy shares directly through the site, using your ISA. To find out more about trackers simply hit the search bar at the top and bring up tracker portfolios.

BEST MOMENTS

Always spread your money around and put it into multiple stocks

Warren Buffet recommends trackers wholeheartedly

VALUABLE RESOURCES

Hargreaves Lansdown

https://www.hl.co.uk/

Vanguard Investor Tracker

https://www.vanguardinvestor.co.uk/investing-explained/index-tracker-funds

ABOUT THE HOST

Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, as well as co-authoring the UK’s best selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined.

CONTACT THE HOST

  • Email: Markhomer@progressiveproperty.co.uk
  • LinkedIn: https://www.linkedin.com/in/markhomer1
  • Facebook: https://www.facebook.com/markprogressive
  • Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

13 Oct 2022Should You Buy or Lease a Car?00:34:03

Rob and Mark get asked several times a week whether to buy or lease a car! Mark knows more than almost anyone else all about owning cars, including the best deals in each situation. Listen in to be educated on all things owning cars!

KEY TAKEAWAYS 

  • If you are buying a high-end supercar or classic, the best thing is to buy it at 2+ years old.
  • Financing is a good option, you can even approach lease companies to buy it, lease it to you and give you the option of buying at the end of the lease.
  • A tax-efficient way to buy a car is to put it against an LLP or as a sole trader.
  • A flat rate isn’t as good a deal as it sounds. You often actually paying more.
  • What Mark focuses on above everything else, is the yearly cost including depreciation and maintenance.
  • Manufacturers at any one point may have too many cars. They don’t want to reduce prices on the forecourt because of this though as there will still be people who will pay that. They instead get discounted via contract hire.
  • The car market is starting to recover from the supply issue over the Covid pandemic. You will start to see better deals via contract hire.

 

BEST MOMENTS 

 “Often a good idea to buy with finance”

“When the market turns, it’s gonna turn hard”

“If you look at the APR, that’s the real rate”

“Are you bothered about owning something or are you bothered about paying the least amount on the ownership you have”

“What do I get, for the best car, for the least about of money”

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

 

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

14 Jun 2023Everything You Need To Know About The Renters Reform Bill00:35:34

CLASH OF THE TITANS - Go To moorevleeds.com to find out more

FREE DOWNLOAD How YOU Can Make A FORTUNE From Buy-To-Let

https://bit.ly/BTLReport-POD

The renters' reform bill was entered into parliament in May 2023, in this episode Kev, Mark and Kieran discuss their thoughts, including the upsides and downsides as well as how landlords and developers can make it work for them.

KEY TAKEAWAYS 

  • The new bill will get rid of section 21, which is a 2-month eviction notice that can be served without grounds.
  • The announcement of this bill is accelerating the mass exodus of landlords.
  • It’s important to read into the bill yourself and not just look at headlines and rumours.
  • There will always be tenants and therefore opportunities for landlords to make money but it might mean an increase in rent for many.
  • Whilst changes by government are often called reforms, Kieran believes there are a whole host of things in the past that have made things worse for both tenants and landlords including epc criteria and the inability to offset interest.
  • If legitimate landlords are having to charge more because of new legislation then those who can’t afford rent will instead look to rogue landlords.
  • The bill talks about changes to allowing pets but it actually may put landlords in a better position as it states that insurance by the tenant will need to be bought to cover damage.
  • It’s not just landlords that ask tenants to leave, tenants often want to leave after shorts amount of time too.
  • Ultimately cost will be going up for both landlords and tenants as a result of this bill.

BEST MOMENTS  

“None of this is set in stone there are potentially things that could be changed”

“There are laws in this country that protect tenants”

“Landlords will just have to get better at using the section 8”

“A buy to let landlord will only be there if they can make money”

“All of this stuff can be used as an opportunity”

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

 

 

 

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

14 Oct 2016Proven Economics & Investing Strategies with Mark Homer Part 100:24:23

On this episode, Mark talks about mortgage, the return on capital invested, cash in versus cash out, and gives us some ways to protect ourselves against interest rate rises.

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

07 Jan 2021How to Invest £500,000 For the Best Return| Mark Homer & Rob Moore00:52:21

Mark is joined by fellow co-founder of Progressive Property Rob Moore and together they discuss how you can get the highest returns when investing £500,000. Learn today how £500,000 could allow you to invest in 14 single let properties, why it would be a good idea to invest your money in a freehold block of flats and how you can make huge savings by purchasing your own office blocks.

 

WATCH ON YOUTUBE

How To Perfectly Invest £500,000 |Property | Stock Market | Business

SUBSCRIBE TO THE SERIES

Watch Live On The Progressive Property YouTube Channel Every Monday At 7 PM Tiny.cc/PPTV

Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes

 

KEY TAKEAWAYS

Property:

  • With a £500,000 property investment you can secure 14 single-let properties with a price range of £120,00-£130,00 and putting down a £35,000 deposit. These properties can be running simultaneously with a refurb scheduled every 6-9 months. It is a great strategy to achieve long term capital growth.

 

  • Many units on the high street have been battered and valuations have dropped in a big way and many are empty. There is a big opportunity to put a shop in the unit and convert the uppers into flats. There are a lot more of these opportunities to come; we are only at the beginning of this.

 

  • With £500,000 you can buy a freehold block of flats. The property may need a refurb and once this is done you are able to rent all the flats out. These are good investments because since you own the freehold it is similar to buying a house, you don’t have all the ground rent. There are really good opportunities since the values have dropped and there are currently plenty of tenants available.

 

  • It is a very good idea to buy your own office blocks for your company. By buying your own office building you are making a huge saving every year and the property itself will go up in value every single year.

 

Stocks and savings:

Cars:

  • If you are going to invest in classic cars it is best to start off with something cheap. Buy a low mileage, better quality car and in the end, you will make a better profit. Work your way up and build up your collection. Buy a ‘Classic Car’ insurance policy if your car is garaged which will allow you to keep your insurance costs down.

Assets:

  • Holding physical gold is a good investment. Buy the gold physically and put it in a secure vault and allow the asset to mature.

 

  • Whilst it is a possibility to buy a company with half a million pounds, you really do need the experience to know if what you are investing in is a viable business. People will usually try and sell you something that works for them and often it will not be worth your money.

 

BEST MOMENTS

“You are going to end up with a great return on investment.”

“You’ve really got to know what you’re doing.”
“If you have a passion for something you are going to learn how to do it well, if not better than anyone else.”

“Your timing of what you buy is really important and sometimes it is wise to wait for the market to come back down.”

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/
SUBSCRIBE TO THE A NEW INVESTMENT SERIES

Episode:How To Perfectly Invest £500,000 |Property | Stock Market | Business


Watch Live On The Progressive Property YouTube Channel Every Monday At 7 PM Tiny.cc/PPTV
Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

ABOUT THE GUEST

Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller "Life Leverage" Host of UK's No.1 business podcast "The Disruptive Entrepreneur."

"If you don't risk anything, you risk everything."

CONTACT METHOD

Rob’s official website: https://robmoore.com/
Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs
LinkedIn: https://uk.linkedin.com/in/robmoore1979

 

 

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

22 Jul 2020The Hidden Cost Of Single Let Accommodation00:09:15

Do you own single let accommodation, and are racking up unexpected costs each year but can’t figure out why? Or plan to start but want to know the cost involved?  Listen in to today’s podcast where Mark takes you through all the hidden costs involved in single lets which will avoid eating into your profits. Learn the importance of finding great lettings agents that ensures your property is rented out quickly and with brilliant tenants, the benefits of purchasing your properties under a limited company and why it is imperative to shop around for mortgages and insurance brokers.

KEY TAKEAWAYS 

  • The number one hidden cost of single let accommodation is poor letting agents. There are many poor letting agents across the country. The main cost being poor marketing, not finding tenants quick enough when your property is empty and not putting the work into getting the property into a presentable state. A good letting agent will get the property lent quickly and therefore get the rent in for you.

 

  •  The difference between a good lettings agent and a poor one is huge. You could lose up to half of the rent a year should you find yourself with a poor letting agent. A poor lettings agent may also not reference your tenants properly, therefore putting riskier tenants into the property which again will leave you with loss of rent or possible eviction costs. 

 

  • Another hidden cost is high mortgage costs and not shopping around sufficiently for a mortgage. It is always beneficial to create a relationship directly with the bank and as you get better you can go to a commercial lender and maybe they will give you a better rate. Take longer-term deals, not always with fixed rates, if you look at the costs and expectation of the market, often the average rate will be lower if you go on the variable.

 

  • To help save on some hidden costs, it is a good idea to purchase properties under a limited company. If you put properties into a limited company you can always offset all the mortgage rates against the rent, and you will only pay corporation tax on the net rent after you have taken the mortgage rate off. There is a big benefit there, especially if you want to scale and grow. 

 

  • Not choosing the right type of builder for your refurbishment can rack up some high and unexpected costs. Focus on choosing individual tradesmen, try and source materials for them through LNPG, research the cost of materials this will all end up controlling the costs for you. 

 

  • Make sure you take out the correct HMO protection. Go to a broker (preferably one broker for the whole portfolio) and ensure you get the correct type of insurance so that when you do eventually have to make a claim, you will receive your payout. 

 

BEST MOMENTS

 

“You have often got to kiss lots of frogs before you find a good one.”

“There is a very big gulf between a great lettings agent and an average lettings agent.”

“High mortgage costs can cost you in a big way, short deals sound great but they are not really protecting you against much at all.”

VALUABLE RESOURCES:

https://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwjdkd7UiPfpAhVsQUEAHSPSC3kQFjABegQICRAB&url=https%3A%2F%2Ffast-asleep.com%2F&usg=AOvVaw1h19Fa_6IPVVrXPkbCQDJb 

ABOUT THE HOST

 

Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, and co-authoring the UK’s best-selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined.

 

CONTACT METHOD

 

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

13 Feb 2020Live Q&A on Property, New Building Regulations, SA & Commercial Conversion00:44:35

Join in a LIVE property Q&A discussion with one of the UK’s most experienced investors. Take a seat at an intimate insider property session with Progressive Property co-founder and Mark My Words host, Mark Homer and discover his insider predictions on the UK property market, the shape of current investments, property price predictions and new legislation. If you’re looking to get a head start in property, this is the episode for you.

KEY TAKEAWAYS:

How difficult is it to raise the value of a certain area?

  • Developers often do this when they develop a larger site. They will do all the infrastructure, road networks and landscaping which will lift the values. I have never seen anybody achieve that by doing it on an individual property by property basis.

 

How are you finding the market purchasing at the moment?

  • I haven’t bought anything for the last six months, however, I do talk to many people. It depends where you are and what you’re looking for. I had some people telling me that the deal flow was really good at the moment. I think the possibility of a no-deal Brexit had ruined a lot of the sales up. If you’re finding it difficult, I would suggest looking at your supply lines. Get more agents, create leaflets and send them out once a month over the next six months. You should then find improvements in that area.

 

Can you see any new legislation coming out that will disrupt the market at all?

  • The only thing I have seen was a planning appeal whereby a council told owners that they couldn’t use the property as C3, it is C1 so they required planning consent. Which I thought was bad, but people seem to be carrying on as normal. Other legislation such as section 21, meaning that you’re not going to evict tenants for any reason, it will have to be for misuse of the property or non-payment of rent. I believe there will be more selective or additional licensing and more enforcement. There are lots of changes to leasehold properties, the ground rent is going to be set at zero for new ones.

 

Are there any general tips you can give on making the transition to the next level up in property?

  • You really need to end up with a margin on cost no lower than 20% once you’re at the end, which may be 30% when you’re starting out. I think it is a couple of units you can do with permitted developments, on your early ones it might be a good idea to go with a smaller unit and convert them. Sometimes you will have to pay more for those. It’s all in how much you buy it for, if you buy it cheap enough then you can almost go through this whole “university degree” with making all the mistakes through the project and come out the other end alright if you got it cheap enough.

 

I’ve got lots of agents interested in investment, how can I convince them to invest?

  • Go and sit in front of every single agent at least once every two weeks. Try and get them out and have really strong relationships with them. They are having deals but they’re going in other directions. When you don’t get any results for three months, with leafleting and talking to agents just keep rolling. They have to get the leaflets through the door at least three or four times.

 

 

BEST MOMENTS

“Get more agents, create leaflets and send them out once a month over the next six months.”

“I think the possibility of a no-deal Brexit had ruined a lot of the sales”

“You can make all the mistakes through the project and come out the other end alright if you got it cheap enough.”

 

ABOUT THE HOST

 

Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, and co-authoring the UK’s best-selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined.

 

CONTACT METHOD

 

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

07 Nov 2019How to Fly First Class For Free00:50:19

Do you want to fly first class around the world and stay in 5-star hotels for next to nothing? In an insightful interview with fellow frequent flyer Mark interviews professional Avios point collector, savvy travellor and property developer Ian Walmsley. Mark and Ian share with you the tips and tricks to collecting travel points, the best cards to use and how to collect a number of rewards simply by knowing which cards and services to use. Take a trip into Mark and Ian’s wallets and hear first hand which cards they use to travel first class around the world. 

KEY TAKEAWAYS 

 

Where are you redeeming the most points? 

For earning for points I will use the American Express Platinum card. The annual rate is £575 per year but you will earn that back during the year. This card earns you 1 membership point per pound spent which can be exchanged for flights on BA, Virgin Miles and a range of hotels, you also get travel insurance around the globe and premium car hire insurance. For every pound that you spend on the American Express card transfers to 1.5 Hilton points and additionally and for every 5 nights that you stay gives you get one night free. 

 

Where do you pick up the tips and tricks? 

I pick up a lot of information from blogs and sites and quite often read non-English blogs to pick up some great deals. It’s also worth setting up Google alerts to notify you when certain sites post offers and deals. 

 

British Airways Platinum Plus Card 

Only generates British Airways points at  1.5 Avios points per pound spent. The biggest benefit of this card is that when you spend £10,000 per year you get a companion voucher each year which allows you to get 2-4-1 on travel fair. If you and your partner both have these cards and spend regularly you can get two companion vouchers meaning you will get 4 return flights for the price of 2 in business or first class. For long-term spending, this is the best card you can get.  

 

The Curve Card 

Where credit cards are not accepted you can use the Curve card and re-charge those payments to a visa or MasterCard. You will also pay zero foreign exchange fees while abroad. You can use this to re-charge to the Virgin visa card and as systems recognise the curve card as a debit you can pay for government services with the HMRC with your card. A lot of people are paying taxes and earning points through the Curve card.   

 

BEST MOMENTS 

“I’ve been collecting originally air miles before they were Avios for over 15 years.” 

“I like to save money” 

“Since air miles became Avios and it came online, I’ve been able to save a lot more and now I frequently use them to fly around the world” 

“I got around a million Avios points at the moment” 

“I got a trip to the Maldives in the Waldorf that hotel should of cost me 20K and I got it for 2K” 

“The Hilton is probably the best hotel scheme for mid-range members. It’s the only scheme that includes breakfast and more benefits.” 

“The majority of people don’t actually know how easy it is fly first-class and get these trips for next to nothing. Essential we’re just playing the game.” 

“HSBC and Virgin cards are good for visa spending.” 

“The Virgin credit card is the best credit for collecting points” 

“When your window opens up you’ll quickly be able to see what you’ll be able to book.” 

VALUABLE RESOURCES 

https://jacksflightclub.com/ 

https://www.headforpoints.com/ 

https://rewardflightfinder.com/ 

https://awardwallet.com/ 

 

ABOUT THE HOST 
Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, and co-authoring the UK’s best-selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined.  

CONTACT METHOD 

ABOUT THE GUEST 
Ian Walmsley is a professional Avios point collector and savvy frequent flyer along with Ian’s travel geek and planning geek hats he is a professional property developer and owner of South East property company Leading Homes.  

 

 

 

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

13 Jun 2024Property and Politics - Your Questions Answered00:16:39

This episode is taken from the recent property network revolution event, where Mark takes questions from property investors and business owners. Mark answers questions on the current political climate and what this might mean for the economy, the property market and entrepreneurs and businesses.


KEY TAKEAWAYS

  • Labour still has a lot of left wing MPs in the party, convincing them to vote in more centrist policies will be a challenge for Kier Starmer.
  • Whilst labour may now increase national insurance of income tax, they will find ways to stealth tax.
  • Look at post war Britain, prior to Thatcher, shows the problems with rent controls and we are starting to see these issues again with the controls that have been brought in with legislation in Scotland.
  • One way the country could help tenants and landlords and begin to solve supply and demand problems in housing is by reforming the planning system.
  • Local planning regulations, with zones and permitted development within these would speed up planning processes and consent
  • Whilst it may not be popular, someone in politics needs to make some tough decisions around planning and development so we can solve the housing crisis.

 

BEST MOMENTS  

"He’s not Jeremy Corbyn is he”

“The conservatives have done an appalling job for too long”

“I would reform the planning system in a huge way”

“Someone will balls needs to actually do it”

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

17 Nov 2016How To Analyse a Deal Part 200:31:39

On this second part, Mark goes on talking about different asset classes. Upsides and downsides of investing on these assets, how secure is your income and how scalability and taxiation can affect your investement.

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

23 Feb 2023Are Stealth Taxes Out of Control?01:09:12

Part 2 of the Mark & Rob special episode. Mark and Rob continue to talk openly and honestly about all things business, particularly focusing on the negative impact of the tax in the UK and the long-lasting impacts of covid and lockdowns.

Mark & Rob Reveal:

  • The differences between the current recession and 2008
  • The long-lasting impact of covid
  • How to make every pound a prisoner
  • The best way to invest in the current climate

Also featured

  • The current state of employment and wages
  • Whether Andrew Tate is right about NOT working in a business you’re passionate about
  • How to find and nurture a good business partnership

BEST MOMENTS

“There’s probably more cash around than we thought there was going to be”

“We could be moving into a lost decade”

“I do try and focus on the big wins”

“You need to diversify”

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

18 Sep 2024REWIND The Secret Strategy To Get A Free House00:24:44

In this revisited episode episode, Mark shares his thoughts on how to teach and motivate children to invest in property and be successful. There are tips on how to get a mortgage, what types of property to buy, how to rent your property, what you need to know about taxes, and the secret strategy that could allow you to obtain a house for free!

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

19 Dec 2019'Cash is NOT Trash' Feat Business Partner Rob Moore00:39:17

Tune in to hear the behind the scenes TV Q&A with Progressive Property Co-founder, Rob Moore. Listen in and learn all about Mark & Rob’s property journey from their first investment to growing one of the largest property investment companies and education businesses in the UK. If you’re looking to discover more about the traits of the greats and the characteristics of these two Property, business and entrepreneurial experts, this episode is for you. 

 

What was the first property you purchase? 

Mark: The first property I bought was a flat in a ski resort in Bulgaria off-plan and I lost 60-70% of the purchase price. After this, I bought a property in Hampton and flipped it when the price was right making roughly 15K but I could have made more had I not purchased a new build. Often the worst looking properties yield the highest returns. 

Rob: 26 Eyeroad, and I still own it today. My Dad helped me out with the deposit and when I become financially free I gave it back to them and they still live there today, mortgage-free. 

 

What is your work ethic? 

Rob: I have a fear-based work ethic and believe you have to ‘make hay while the sun shines’ because there are always bad times around the corner and you can be blind-sided easily. I want to take advantage and grow while we can and set ourselves up into a position where we can thrive even if we’re not earning 

Mark:  My work ethic comes in waves depending on what’s going on. There are times where it can be intensive for long periods of time and my job isn’t the same every day as I’m generally solving problems and issues day by day as they come along. I’ve tried to build most of what I do with an automatic degree of leverage. 

 

What milestone are you most proud of? 

Rob: Winning business of the year 2016, breaking the public speaking world records and raising the hundreds of thousands of pounds for charity and each time Mark and I have reached 50, 100, 150 properties or certain levels of income and bringing our letting agency inhouse are nice milestones also. I couldn’t pick one as I believe we still have lots to come. 

Mark: For me getting the Guinness world records and publishing our first books with international publisher Hatchet, we’ve also had the Independent, Financial Times and the Guardian write news articles on us. Additionally developing the new bigger building is a great milestone, right now it’s the old Marks & Spencers building where we’re building 99 apartments. Also some of the training programmes we’ve run in the Carribean, the super conference and having guests such as Lord Sugar, Bob Geldof, Grant Cardone etc.  

 

Describe your property portfolio? 

Mark: Our portfolio is broken up into different constituents and it depends where you are in the timeline to evaluate it. Our investing timeline is fairly linear so if you look at the terraced houses it’s often the ones we’ve purchased in the beginning and from there multi-lets, HMO’s and houses and subsequently into commercial conversion buildings and the scale has grown over time.  

Rob: Our portfolio has been a journey and generally we’ve reacted to the market and jump on opportunities for example with permitted development etc. We’ve always tried to buy property locally and never selling a property as long as it works and we have kept 95% of our portfolio.  

 

What do you do on an average day? 

Rob: I get up at about 5 and get all of my important stuff done by 8, I’ll then go to the gym and when I can I’ll come into the office with meetings in the morning. We often travel to do the podcast and I’m also trying to add more fun things in my life. My average day is routined but I like to keep a variety. 

Mark: I get up at 7 and crack on at home and often come into the office later but stay until around 6. I’m also away at onsite developments.  

 

What’s the biggest risk you’ve taken in property? 

Mark: Property wise it’s probably the commercial development of 99 apartments we’re doing at the moment. GDV is north of 20 million. Usually, when I’m borrowing money it’s first-charge only. There’s times when I’ve been worried about cashflow and liquidity but we like to stockpile cash. 

Rob: We haven’t taken too many risks and I’d be embarrassed and ashamed if we went bust and I’m not prepared to do it so we take fewer risks and think long-term.   

 

What are your business plans for next year? 

Rob: We’re probably not going to buy a load more property projects but there will always be one block or so a year and in terms of the education business we’ve just merged everything under ‘Progressive’ and I want to grow it more in the coming year and take it to the global stage.  

 

What’s your view on the right-to-buy scheme? 

Mark: Right to buy is something that Thatcher brought in and it’s been a good thing with loads of tenants having the opportunity to purchase their property from the council. It’s been great for quite a few people but those that have less financial knowledge have ended up re-mortgaging and their property has been repossessed. Maybe a right-to-buy scheme with enforced financial education would be even better. 

 

What’s your lifestyle like? 

Mark: It’s different and varied depending on the time of year but I’ve got a few weekends back which is pretty cool and with 3 or 4 holidays a year it’s great. It’s all about spending time with my son and my wife. I also go to a lot of events and try to do things I’ve not done before.  

Rob: I really enjoy writing, creating content, writing books and connecting online. Golf with my son is also huge we’ve competed at multiple tournaments around the world but work and what I love are pretty much the same.  

 

BEST MOMENTS 

  • “It’s very important to have multiple streams of income” 
  • “In the North, you’ll find lots of properties where the capital value is lower but the rent is no lower so the yield is actually higher.” 
  • “The property I purchased in Bulgaria was an expensive entry fee into property” 
  • “You do this for the money but realise you need to have fun too” 

 

ABOUT THE HOST 

Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, and co-authoring the UK’s best-selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined.  

CONTACT METHOD 

ABOUT THE GUEST 

Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”  

CONTACT METHOD 

Rob’s official website: https://robmoore.com/ 

Facebook: https://www.facebook.com/robmooreprogressive/? 

LinkedIn: https://uk.linkedin.com/in/robmoore1979 

 

 

 

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

22 Mar 2018Rob Hijacks the podcast, Rob’s story from £50k debt to Multi-Millions & His No Money Down Property Portfolio - LIVE01:05:14

Rob hijacks the podcast and talks about his personal story in property. How he met Mark, his business partner, and how they went from 0 to 720 properties owned/co-owned, managed & in JVs today. The CREST model and the importance of investing in yourself, presenting yourself the right way and the skills you need in order to succeed.

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

27 Oct 2021BUDGET UPDATE: New Taxes, Investing & Economy Explained00:41:20

Listen in to this episode where Mark is joined by Shaz Nawaz, chartered accountant and labour councillor as they delve deep into the recently announced budget. They discuss their own views on what Rishi Sunak has announced and also how this will impact many of us in real terms.

KEY TAKEAWAYS 

  • Rishi Sunak has announced many things in this new budget, nothing that is particularly ground-breaking but quite a few things that will impact property investors and developers.
  • Rishi stated he will be putting 24 billion into affordable housing which will be around 180 thousand new homes – but over what period is this over and will it actually have much of an impact on the housing crisis, house prices and rent? Probably not.
  • Any government who are serious about tackling the housing crisis needs to move away from affordable homes and this term as they do not actually solve anything as they aren’t affordable for those who need them most.
  • Any developers in blocks of flats will have to pay a 4% surcharge on corporation tax to help pay for the removal and replacement of dangerous cladding.
  • Inflation is a hot topic around this budget announcement. It’s important to put this into perspective and understand what is driving this: businesses being shut during the pandemic, supply chain disruption but then high demand as we are going back to normal. This is basic economics and was always going to happen.
  • Shaz has been quite disappointed with this budget announcement. Especially regarding the pressures currently on local government. People care about what is happening to them locally on a daily basis such as street cleaning, business rates and other local provisions: they have had their budgets cut by 80% in Shaz’ local city of Peterborough.
  • There will be a 50% business rates discount/relief for those in the service industry which includes serviced accommodation.
  • Shares of property developers are all up around 1% and large property landlords are also up. This is good news and shows that the market is confident at the moment, perhaps partly due to brownfield land being made available for residential property and changes to permitted development rights continue to help generate retail conversions.
  • There has been talk about a wealth tax to replace inheritance tax. But Mark feels like this is unfair, but he does understand why we need tax. He believes in making a faster economy and generating tax from increased economic activity rather than having large public spending which we can’t afford.

 

BEST MOMENTS 

 “What is sold to be affordable really isn’t affordable to people who can’t afford these homes”

“it’s just simple economics, price rises equal inflation, this was always bound to happen”

“All politicians just want to deliver good news…some of these ideas or just old ideas”

“It’s always good to use those kind of sites as you aren’t going to upset people as you aren’t going to be tearing up the green belt”

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

 

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

 

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

 

 

 

 

 

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

26 Sep 2018Interview With Eddie The ‘Eagle’ Edwards00:36:45

Welcome to another episode of the Mark My Words Podcast. In today’s episode, your host Mark Homer interviews Michael Edwards, yes the one and only Eddie the Eagle. Here, Eddie talks about all of his experience being a professional ski jumper, what he has learned in life and about property investment.

Firstly, they discuss Eddie’s success in the ski jumping world and how he was able to overcome all the obstacles put in front of him, despite all the sneers from the negative people around him. Mark and Eddie discuss he journey to the Olympics and, the experiences Eddie has had since entering the world of property investment.

KEY TAKEAWAYS

  • Eddie is knowledgeable when it comes to property investment. If he had money, he would buy a property. He does not like to rush. He would develop the property in 3 to 4 years and then sell it and then repeat the whole process. He made a lot of money because of his style of investment.
  • Eddie mentions that he would have preferred to manage his own money in the past. He would have more control over it, and it would not have dwindled away. He wouldn’t have to file for bankruptcy. His money wasn’t being taken care of well by the Trustees. He thought he could trust them but apparently not.
  • Eddie wants to advice everyone to never give up. To never lose sight of where you want to go and what you want to do. Sometimes that might mean taking a step to left or to the right or taking a few steps back in order to progress forwards.

BEST MOMENTS

”One thing that drove me is that passion for doing something that I absolutely love doing.”

“I don’t believe in the word ‘can’t’. I always think there is a way and you’ve just got to work out what that way is.”

“Life’s too short to not to do what you enjoy doing.”

“You’ve just got to think outside of the box and get around that obstacle. But never lose sight of where it is that you want to be. Never give up.”

ABOUT THE HOST

Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, as well as co-authoring the UK’s best selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of his other investments he’d tried in the last ten years, combined.

CONTACT THE HOST

  • Email: Markhomer@progressiveproperty.co.uk
  • LinkedIn: https://www.linkedin.com/in/markhomer1
  • Facebook: https://www.facebook.com/markprogressive
  • Twitter: https://twitter.com/markprogressive

ABOUT THE GUEST

Michael Edwards is an English skier who in 1988 became the first competitor since 1928 to represent Great Britain in Olympic ski jumping, finishing last in the 70 m and 90 m events. He became the British ski jumping record holder, ninth in amateur speed skiing (106.8 km/h (66.4 mph)), and a stunt jumping world record holder for jumping over 6 buses.

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

22 May 2019Ask Mark Anything: Buying Shares in Boeing, Landlord Challenges, Ferrari or Lamborghini00:43:20

If you haven’t heard Mark talk about his favourite car, the top 3 things he’ll bring if he ever got stranded in an island, or his least favourite trait of his business partner, Rob Moore, then you’re in for a treat!

Today on the Mark My Words Podcast, Mark answers questions from his listeners and the community. It won’t just be about property or his businesses or the current political issues, he’ll be talking about his personal life also. This should be a nice peek at how Mark, a successful entrepreneur, lives and enjoys his life, so start tuning in!

KEY TAKEAWAYS

  • Q: How do you manage a work-life balance?
    • It’s all about scheduling, according to Mark. When he has a meeting, he makes sure he adds 30 minutes before and after for travel time. During weekends, he’s mostly at home so there should be no work that butts in.
  • Q: What’s your advice about landlords no longer being able to evict tenants on short notice without good reason and plans?
    • The abolishment of Section 21 is still under consultation. Everything still holds for now. Let’s wait for what’s going to be the decision.
  • Q: How did you get your systems in place?
    • Mark started with Excel spreadsheets, tried other systems, and then had his business’ system custom-built to their needs.
  • Q: Ferrari or Lamborghini?
    • It depends on what model. Mark explains more about their features in this episode.
  • Q: What can I do to become your protégé?
    • Mark: “Bring me land for a great price that I can put 250 flats on… bring that deal to me, then we can do it together and learn together.
  • Q: What’s your favourite cheese?
    • Halloumi, grilled on the barbecue on a Sunday afternoon.
  • Q: What investments can you make outside property?
    • Tracker funds in the UK and other similar types of investments.
  • Q: Would you and Progressive Property launch a software?
    • Mark says it’s not in his interest. He thinks he’ll make more money in what he knows more.
  • Q: How do you go overcome procrastination and fear before a big deal?
    • It all comes with the experience since you got your first deal. Test and measure the numbers ever since the beginning so you won’t procrastinate.
  • Q: If you get stuck on an island and you only get to choose 3 things to bring, what will they be?
    • A satellite telephone, knife, desalination tablets
  • Q: What’s the effect of the attack on landlords by the government?
    • Mark: “I feel victimised. I feel discriminated against. I feel like a minority.”
  • Q: Are you meeting with other investors to come up with a voice to challenge them?
    • Mark has a petition running on the parliamentary website to remove the 3% surcharge and remove Section 24.
  • Q: What’s your most and least favourite trait of Rob?
    • Most favourite: Rob’s brilliant ability to engage with people
    • Least favourite: He’d do anything just to engage with people
  • Q: What is the most important trait that a property investor should have?
    • Being tenacious, not giving up, keeping on going
  • Q: If there was a movie made about you, whom actor would you choose to play you?
    • Tom Cruise

BEST MOMENTS

  • "I like to focus on a few things and do them well rather than try new stuff and not do very well.”
  • “Fear disappears with knowledge; risk reduces with knowledge.”
  • “Rents are rising at an abnormal rate."

VALUABLE RESOURCES

ABOUT THE HOST

Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, as well as co-authoring the UK’s best-selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined.

Contact Method

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

09 Feb 2023What I've Learnt in 17 Years of Business With Business Partner Rob Moore00:55:29

Progressive Property co-founder and co-owner Rob joins Mark in this special episode. Rob and Mark openly and honestly talk about the business lessons, mistakes, tips and tricks they have learnt in the past 17 years as well as their thoughts on the current state of the UK.

Mark & Rob Reveal:

  • The actual causes behind high inflation in the UK
  • Why tax is too high
  • How lockdown has irreversibly damaged the UK
  • Their thoughts on Prince Harry and the Royal Family
  • Why they think the government is incompetent

Also featured

  • The demise of the British Empire & Globalisation
  • Why the political system needs to change
  • Discussion on the current tax system and what could work better

BEST MOMENTS

“I think the UK is the worst I have seen it”

“The consequences of lockdown are going to be way worse in the long down than what the lockdown saved us from”

“I think Prince Harry is a disgrace”

“Growth is the solution but we don’t have anyone in government who wants to prioritise growth”

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

 

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

06 Sep 2017Mark Homer explains why NOW is a great time to invest in property, despite Brexit uncertainty00:38:43

In a recent live talk at Progressive HQ, Mark discusses in detail with his audience the inflation report, rises in stock market growth, spending habits and how the current financial state of the UK and Property Market is advantageous to Property Investors. How to use the current environment to benefit your property business and what to expect.

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

12 Sep 2018Why to Not Use The Scattergun Approach00:27:57

DESCRIPTION

Welcome to another episode of the Mark My Words Podcast. In today’s episode, your host Mark Homer discusses the different property areas you can invest in, to acquire right property deal and achieve the possible yield.

 

Mark is always getting asked ‘which areas you should invest in, to receive the highest yield’ and in today’s episode Mark explains the pros and cons of a scattergun approach and why you too, can make the most money over time by investing in your local area, learning through osmosis and increasing your knowledge with every investment.

 

Don’t be a small fish in a big pond and spread yourself too thin, dominate your local area and super-charge your property investment business.

 

KEY TAKEAWAYS

  • Whilst the whole letting industry has improved over the last five years, there are still a few agencies who are not as good as they should be. They might be taking tenants in who they shouldn’t, not referencing properly or abiding by local council laws. You need to know the rules of your local area and build a reputation, particularly with the local estate agents.
  • I believe in creating a business that creates widgets. If you do the same thing over and over again, you create something close to perfection. If your trying to build ten widgets in ten different investment areas you add many layers of complication and complexity.
  • Most people initially think it’s best to invest elsewhere in the UK, to get higher returns. But chasing the highest return isn’t necessarily a good strategy, a scattergun approach is not always the best idea.

 

BEST MOMENTS

“It’s very important to build up a local knowledge yourself, if you don’t have a level of technical yourself people will tell you what you want to hear”

“With any business, you tend you make the most money over time when your knowledge base increase. I’ve made more and more money the longer I’ve been in a certain area, I’ve learnt through osmosis”

“You’re going to have to kiss a few frogs to find a good one. But you’ll learn throughout the process and your work in finding the good ones is multiplied over different investment areas”

“If you invest in a new area you’ll have to learn the rules of that area”

“If you get a great tennant with a great lease, your property is going o be worth a lot more money”

 

ABOUT THE HOST

Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, as well as co-authoring the UK’s best selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of his other investments he’d tried in the last ten years, combined.

 

CONTACT THE HOST

  • Email: Markhomer@progressiveproperty.co.uk
  • LinkedIn: https://www.linkedin.com/in/markhomer1
  • Facebook: https://www.facebook.com/markprogressive
  • Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

16 Jan 2020My 5 Closely Guarded Secrets For 202000:16:30

Don’t wait on the sideline for things to happen, get ahead of the game and make 2020 your year. If you’re looking for expert advice on property prices, interest rates and the state of the economy this episode is for you. Discover Mark’s top 5 predictions for 2020 and find your opportunity to make a profit. 

KEY TAKEAWAYS

  1. Towards the end of 2020, we're going to see improvements in the economy. London has been falling 20%, 25%, 30% in some areas, you've got Kensington, Chelsea, Knightsbridge, they've all dropped, probably because they went too far, but also the fact that lots of foreign buyers have not been purchasing because they've been waiting on the sidelines for Brexit to happen.
  2. Rents will rise between 5% and 10%. In 2019 the government has attacked landlord, George Osborne introduced clause 24, stamp duty went up and there have been lots of new regulations for landlords. We can see all of this exacerbating, getting pushed into the marketplace and now we're seeing the results, there is less supply of rental property, there are fewer properties available to rent with slightly more or significantly more tenants chasing fewer properties and, therefore, the only thing that can happen is rents will rise.
  3. UK interest rates to remain flat through 2020 and we have had a surprise in the market today, in the economy got smaller by point .1%  (Nov 19), but because that surprised the market a little bit, the market has a greater expectation that interest rates may fall ever slightly at the next monetary policy committee meeting. However, I don't think you're going to get much movement at all in 2020.
  4. Banks will become more aggressive in 2020. At the end of 2019, we went into a period where banks got quite jittery, and that was because of the yield curve inverted.
  5. Classic car values have fallen over the past 3 years in the UK and it’s expected stop, however higher value cars will reduce in price and that will be a great investment strategy.
  6. 2020 we've got the US election Trump is running again. Things will probably move around significantly if he ends up going. He probably has created higher growth. People in the USA say, the amount of regulation on business and tax on business has reduced significantly and this is stoking growth.

BEST MOMENTS

  • “2020 may see a bit of growth in central enterprises.”
  • “Whilst fewer landlords are looking to purchase, there are also plenty looking to dispose of their property portfolios as well because they can't necessarily go into a limited company or they see that licensing or regulation changes.”
  • “If the government makes it more difficult to buy buy-to-let properties and put landlords off and tell them they're going to tax them more and the papers keep smashing them, fewer landlords to buy and more will look to dispose off their rental properties, therefore, there are fewer properties available, the same or more amount of tenants chasing them and thus prices to go up.”
  • “Deflationary pressure comes about through lack of investment, lack of economic growth, and therefore, the government or the Bank of England is more likely, because they can't reduce interest rates anymore, they got nowhere to go, the only thing they can do is start printing money or creating bonds and then re-buying them increasing the money supply, which is called quantitative easing, or QE.”
  • “In times of higher uncertainty, or where people are predicting a recession, people will throw money at US government bonds because they see it as the safest place to put the money.”
  • “A lot of people would agree that a really good predictor of a recession is an inverted yield curve.”

VALUABLE RESOURCES

ABOUT THE HOST

Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, and co-authoring the UK’s best-selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined. 

CONTACT METHOD

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

27 Jul 2023Why Rents Will Keep Increasing to All Time Highs00:13:05

Mark Homer goes joins GB news to answer the question, is Britain full? Mark shares his own experiences of the property market and volume in his current city of Peterborough and also how he sees the current crisis ending.

KEY TAKEAWAYS 

  • We simply aren’t meeting the house-building target needed to match migration. With planning regulations as they are this won’t be changing any time soon.
  • The housing crisis will continue to get worse until the breaking point where the government will have to relax planning regulations, build more social housing and reduce taxation for housing landlords.

BEST MOMENTS  

‘Are we building enough to accommodate the people we are allowing in?’

‘It’s going to keep on getting worse until there are some major changes made to the planning systems’

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

30 Nov 2023Who Really Controls The Banks?01:21:38

Join Mark as he explores the common debate between renting and buying a home in the UK and talks about why home ownership is still a good option. Mark also talks about recent tax changes, including Section 24 and increased stamp duty, impacting the property market. Mark contends that these changes contribute to a shortage of rental properties and increased rents. Gain insight into the current property market dynamics, including falling prices due to higher interest rates and what this could mean for property investors.

KEY TAKEAWAYS

  • Tax changes have made the cost of living more expensive for tenants and homeowners.
  • The increase in rental prices is due to landlords leaving the market.
  • You find a way to manage law and legislation changes, regardless of how big an impact you first think they will make, there are always solutions. just as Mark found when section 24 first came in. 
  • Think creatively about how you can invest in property, Mark lived with his mum in order to save to invest.
  • It is better to invest money in properties rather than buying your own home
  • Homeownership is still better than renting in the UK. It's best to see it as a long-term investment, regardless of what the property market is doing.

BEST MOMENTS

"Is it true that you had ten investment properties and still lived with your mum?"

"There's a severe lack of rental property because the planning system is broken and because of Section 24 and because they've put the stamp duty up to higher rates of 3% on top."

"Clearly, interest rates going up, yes, but a huge amount of it is landlords leaving because of all this stuff, less rental property."

"Rents are just going absolutely nuts off the back of this."

"If you're only going to stay in a year or two, it's definitely better to rent."

"You just need to sort of adapt, don't you, to adapt your business, you know, an issue comes along, you just set the sail of your sailing boat to take advantage of the new direction of the wind."

 

VALUABLE RESOURCES

https://robmoore.com/

bit.ly/Robsupporter  

https://robmoore.com/podbooks

 rob.team

ABOUT THE HOST

Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”

“If you don't risk anything, you risk everything”

 

CONTACT METHOD

Rob’s official website: https://robmoore.com/ 

Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs

LinkedIn: https://uk.linkedin.com/in/robmoore1979

 

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

11 Jul 2024Election Result Special - Farage Biting Back? Labours Future Fallout?00:45:13

Mark and Kevin dissect the recent UK general election results, exploring potential impacts on property investment, economic policies, and the future political landscape. Mark also shares his thoughts on navigating the changing market, seizing opportunities amidst current challenges, and adapting investment strategies.

KEY TAKEAWAYS

  • Labour's victory was significant but not as large as initially predicted, with the Conservatives performing better than expected despite their worst result since the 1830s.
  • Interest rates are expected to start declining in the second half of 2024, with a gradual decrease over the next 3+ years, potentially settling between 2-3%.
  • The property market is likely to see an uptick once interest rates decrease, as incomes have risen and house prices have rebalanced, creating opportunities for investors.
  • Buying properties through limited companies offers tax advantages, allowing full mortgage interest to offset against rent for tax purposes.
  • Nigel Farage's presence in Parliament could bring attention to landlord issues and hold the Labour government accountable in an entertaining manner.
  • Labour's large majority may lead to internal conflicts between centrist and left-wing factions, potentially complicating legislative efforts.
  • Successful property investment requires focusing on a specific area, building local contacts, and adapting to market changes rather than using a scattered approach across multiple locations.

BEST MOMENTS  


"Do not wish for no problems, wish for the ability to handle bigger ones. And there will be some great stuff that comes out of the new election."

"I think there will be huge opportunity. If there's a big shift, there will be huge opportunities."

"You've got to take action, and get in an environment where you can learn. You need to be devouring books, courses, videos. Being around other property investors who have found a way to make money out of a new world, a new environment."

"I always say to people, do not wish for no problems, wish for the ability to handle bigger ones."

"We're making more money than we ever have out of our properties, at any point over the last 20 years, because we've changed and taken advantage of all these things and utilize them."

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

16 Feb 2017Mark Homer's Reaction & Analysis of the New Housing Whitepaper Legislation00:23:23

Mark shares his thoughts about the housing whitepaper that has been released by the central government. What changes with local plans and councillors. New developments and density metrics, the accelerated construction programme, and how small developers and certain institutional investors will be affected.

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

10 Dec 2020How to invest £100,00000:34:27

Do you want to become a sophisticated investor making large, sustainable and scaleable returns on your investments? In this episode of the ‘How To Invest For Maximum Returns’ mini-series Mark and Rob go big advice, tips, tricks and the fundamentals of investing £100,000 in the best property strategies, proven business models and appreciating assets such as classic cars and vintage watches. Tune in and discover the tried tested BRR property tactics that can make you over £1,000 per month along with new properties every 8 months and why a bootstrapped business model could be the best return on your investment yet.

WATCH ON YOUTUBE

How to Perfectly Invest £100,000 | The Best Stocks | Property | Gold & Classic Cars

SUBSCRIBE TO THE SERIES

Watch Live On The Progressive Property YouTube Channel Every Monday At7PM Tiny.cc/PPTV

Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes

KEY TAKEAWAYS

  • When investing always keep 10% contingency back as a reserve. Being liquid is really important when things change, cash is needed to cover costs and pay bills and if you have no liquidity in your business you may struggle when cashflow is needed and your cash is tied up in investments

 

  • Property: £100,000 investment in the BRR single-let property strategy will get you started with three units that you can roll over continuously and by getting your initial deposit back out you can leverage the bank’s money to purchase three more single-lets, refurbish and refinance them every 9 months and you can quickly build up a property portfolio.

 

  • Property: A £100,000 investment opens the doors to new property strategies such has high-end HMO’s of at least five bedrooms. Done correctly to a high specification on a property where you can add value and you’re able to get an investment valuation to retrieve your initial deposit, this property strategy can generate up to £1,000 per month and you can easily recycle the cash onto your next investment.

 

  • Appreciating Assets: Classic cars such as the Ferrari Testarossa, Porsche 911 and 997 GTT are good investments are this price range as they’re in limited supply and good demand. Vintage watches such as Patek Philippe Nautilus and Rolex Daytona’s are solid and sought after assets that will steadily go up in value over time.

  • Business: By blending the sweat-equity model with a portion of your £100,000 investment and good knowledge of the market you’re entering you will see huge returns on your initial stake. If you bootstrap your business by reinvesting all of your sale cash back into the business with a lean focus on systems and marketing and prove that the business model works and it can be scaled.

 

BEST MOMENTS
“On balance fixed-rate mortgages have always cost us more, it’s effectively an insurance policy”

“To avoid early redemption payments, always refinance with a new lender”

“BRR-HMO investments are the quickest way to build income and build cashflow”
“Always max out your ISA every year by putting in £20,000”

“The older the Daytona you get the better but beware of frankenstein models”

“Prove that your business model works first before using all of your investment”

 

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

ABOUT THE GUEST

Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller "Life Leverage" Host of UK's No.1 business podcast "The Disruptive Entrepreneur."

"If you don't risk anything, you risk everything."

CONTACT METHOD

Rob’s official website: https://robmoore.com/
Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs
LinkedIn: https://uk.linkedin.com/in/robmoore1979

 

 

 

 

 

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

10 May 2017The Biggest Mistakes We’ve Made in Business: Featuring Business Partner Rob Moore00:31:52

Mark and Rob share their biggest mistakes they have done so far in their business. Why it is bad to engage in business based on emotions, why mistakes are part of every process and business, and how to deal with them. Why mistakes make you stronger, how to learn from them and fix your problems immediately. 

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

16 Mar 2017Mark Homer Live from Mayfair London00:46:08

Mark talks live about what he enjoys doing, deals. He talks about property conversions, recent changes in legislation, case studies and the whole process from opportunity to conversion. How to extract value and all the professionals you need to involve in the process so as to achieve the best result.

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

06 Jan 2022My 2022 Property Market Predications00:08:57

Listen in to this episode to hear Mark Homer talk about his predications for 2022, where the market is going, what he thinks may happen and the impact this will have on business owners and property investors

 

KEY TAKEAWAYS

  • Smaller units and apartments have been selling slower in 2021 –vs- houses, especially in London. The North and satellite cities such as Peterborough have benefitted from this and have been ‘catching up’ with London.
  • There have been a lot of discussions around inflation. Mark doesn’t believe there is going to be some massive spike of inflation into the double digits, he just doesn’t think this is likely to happen, most of what we is seeing is just a short term side effect of restrictions and lockdowns on supplies.
  • Mark thinks that capital growth in 2022 will be higher on smaller units and apartments in cities than it will be on houses in rural areas, mostly due to the success the latter has found in 2021, everywhere else will be playing catch-up.
  • Cryptocurrency has had another successful and strong year in 2021. Many people have used it as a speculative investment strategy as well as a way to store money. 2022 is likely to be a more turbulent year and many of the smaller cryptocurrencies will probably fail.
  • Look for yield in 2022. Only invest in assets that are solid, will yield well and that you fully understand.

BEST MOMENTS

“I don’t need to tell you in 2021 house prices went up a lot”

“My educated guess is that the equilibrium rate probably hasn’t changed that much”

“Once you become the best, you beat the rest of the market and you end up making solid returns”

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

 

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

 

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

09 Feb 2017Mark Homer Interviews Property Developer Andreas Panayiotou00:12:21

Mark interviews property developer Andreas Panayiotou. Andreas, talks about the differences between commercial and residential property, changes in the market, next opportunities and predictions for the future, and what he believes big achievers do that other people don't.

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

04 May 2022How to Beat Inflation & The Cost of Living Crisis00:26:43

What steps can you take to deal with the cost of living crisis? Join Mark as he talks about what you can do to help protect yourself from surging energy prices and the impact of the huge inflation we are seeing in the UK.

 

KEY TAKEAWAYS

 

  • The pandemic has meant there has been a reduce in supply for gas and electric but then we have seen an increase in demand. This has been further exacerbated by the war in Russia and the Ukraine. The world gas and oil price has gone up significantly.

 

  • One way to protect yourself from the rise in energy costs is to improve your EPC rating to at least a C, via insulation, new boiler etc. The government is also going to put pressure to get all homes to a level C anyway so you are also future proofing youself. Intelligent thermostat systems, such as NEST can also help you save energy.
  • If you take a fixed rate with your energy supply, you will generally pay more over the long term but it does offer you a level or protection from price hikes.

 

  • People are reducing their outgoings in a multitude of ways. Netflix subscriptions have gone down and the stock market are also seeing reduced numbers of investments and investors.

 

  • Marks tips if you can still afford to invest than you should. Just focus your money on longer-term investments.

 

  • Right move said the past two months has had the biggest imbalance of supply –vs- demand in its history. Short term predictions are impossible to make, those who do might make headlines but they are usually wrong. Mark believes yes, house prices will crash but he, like no one else, can predict accurately when that will be.

 

  • There have been multiple things that have caused a lack of labour including Brexit, the pandemic and early retirement. This is creating a shortage in many different manufacturing industries as well as in the building industry and haulage. 

 

BEST MOMENTS

 

“If you’ve got the cash to ride the peaks and troughs you’re probably better going for a variable”

 

“A price war probably will break out across the supermarkets”

 

 "It won't be too long until you see more and more immigration starting again"

 

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

 

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

 

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

17 Jan 2019Economy & Property Market Update & Predictions For 201900:35:32

January Is a great opportunity to reflect on the year ahead. It’s a perfect opportunity to redefine your objectives. We have an interesting financial backdrop at the minute which is changing.

Amber warning lights are going off in the stock market and in today’s episode, Mark talks through the possible indicators that you should be looking out for, which might be able to guide your future actions.

If you want to protect yourself and prosper in 2019 as well as the next five years, Marks investment advice is well worth your time.

KEY TAKEAWAYS

Asian, Uk and US stock markets have all dropped in the last few weeks. Some of the cleverest economists in the world don’t know as much as the inside of the stock market. The real economy is the growth, asset values, and jobs. The stock market looks ahead to a year or two years time. It’s not perfect, the timing can be off but it’s the best indicator we have.

It’s more likely we are closer to the next recession. Since 2010 and we came out of the last recession, corporate non-financial debt grew to nearly 10 trillion, from 6 trillion. In the same period corporate earnings only grew by 60% of that number, 40% has been financed by debt, government debt. Trump is spending a lot on infrastructures, financed by debt not tax income.

The stock market is flashing amber if it were a traffic light. There are issues in the system. The next five years isn’t going to as good as the last five years. The stock market is showing certain indicators of where the economy is going.

Cyclical Stocks compared To Non Cyclical stocks. Cyclical stocks are ones that do well in the good times, like house builders who always do best when there are lots of jobs, and the economy is doing well. Those cyclical stocks are down across the board. The stock market is marking stocks down, as it expects theses will be impacted most by a downturn.

Some companies do better in a recession. Letting agencies do better in a recession, as more people want to rent more than buying. They are a counter-cyclical stock, like pharmaceuticals whose stock is up over the last couple of months. The counter-cyclical do better in a downturn. The expectation is baked into the price of this stock.

The Yield Curve. The US issues bonds and loans, which are called a Treasury. The UK government are called Guilds. You are then giving your money to the government for a set interest rate, at certain times in the year. The price of those bonds is set by the market but there is a fixed rate back to the investor.

At the minute you are getting less interest for the longer you lock your money in. The treasury curve is inverted. When institutions are not as safe, then they will go and put that into more safe places like US and UK government bonds. The US and  UK governments have never defaulted on their debt. This has meant the curve has been inverted.

What is likely to happen? The stock market will have struggling returns over the next five years. This is all against a backdrop of high employment rate, wage growth and better economies. Generally, the real economies are growing well. These are lagging indicators, they lag what happens in terms of the market.

What else is not going to do quite as well? Banks, anyone dealing in credit, and housebuilders. We are in the latter part of the cycle. I won’t be selling my properties in a recession and then buying them after. The cost of buying and selling such as the valuation, bank fees, solicitor fees is around 10-15%. You need to think about the staff time when you are buying and selling which is at least 5% of the price of the property. Then all the taxes on selling the property. This could cost you in the total of 20-30%.  

It’s the developers that have to sell their stock that always do the worst. Market moves shouldn’t affect you as much if you focus on rental income and on long term investments. If you can do smaller units, smaller houses which are more likely to be let and have higher yields you should be fine. If you focus outside of the capital it can be a safer strategy.

It’s important to develop high-income generating properties. Maybe up to around 15%. You get a good cash-flow every month, and the banks like them as they look less risky. Focus on those bread and butter deals. It’s a good time to negotiate harder and use the negativity around to your advantage.

 

BEST MOMENTS

‘Amber warning lights are going off.’

‘We probably are in the second half of the cycle.’

‘40% has been financed by debt.’

‘A bubble has effectively been created.’

‘Is the bubble going to be a bang or release slowly.’

‘Banks and construction always do well in the good times.’

‘The counter-cyclical do better in a downturn.’

‘The marker doesn’t expect things to better in the next few years.’

‘We are in the 7th innings of a 9th innings cricket game.’

‘You’ll have to time it perfectly and a 20-30% increase the other side of the recession to stand still.’

‘Buying and holding properties is still a good idea.’

‘It’s the developers that have to sell their stock always do the worst.’

‘It’s important not to over-leverage.’

‘It’s important to develop high-income generating properties.’

 

ABOUT THE HOST

Bio - Mark Homer

Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, as well as co-authoring the UK’s best selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

19 Jun 2019Live Q&A on Interest Rate Rises, Property Deal Hacks & Who Really is Rob Moore ?00:35:36

‘Property’s great because you can leverage it, borrow it, create income streams

 and it’s solid’

In this intimate open question and answer session, Mark shares his expertise and experience with a small group of property entrepreneurs. The questions are wide-ranging and the answers detailed and comprehensive. This podcast provides invaluable information and advice for anyone who is a property entrepreneur wherever they are on their journey.

 

KEY TAKEAWAYS

  • What is your vision for property moving forward?

We are going into other countries and now looking to grow in Ireland.

If we can take what we have here and move it into other countries we will be using a tried and tested business model.

  • How do you see interest rates panning out in the future economy?

The US is ahead of us in this raising cycle and Brexit is almost entirely responsible for the faster growth rate in the US. Brexit is a domestic issue, as part of the global community countries now go into recession at the same time. If we were not involved with Brexit we would be growing at the same rate as other countries.

  • How should I future proof my portfolio?

The best defence against higher interest rates is to have a really good cash flowing portfolio, you can get fixed rates over a number of years, balancing the times when rates are higher.

If interest rates are higher, the outlook for inflation is higher and the economy is probably moving forward strongly this, in turn, means the capital value of your properties is likely to be rising. The best way to deal with all things is to have plenty of cash around you.

  • How leveraged is your portfolio?

Currently its around 6 out of 10. My attitude is to buy it convert it develop it, refurb it and try and get back as much money as I can. I don’t go beyond my purchase and refurbishment or development costs, I aim to get my money back and then hold the investment and let the loan to value drift down over time.

  • Do you have money in banks that are unrelated?

I think that’s a good idea, Keep your savings account away from the where you hold your current account and any bank you have a mortgage with. Fraud is now the biggest concern the banks are under siege and its vital to always have it at the forefront of your mind when you are contacted, who-ever you think it may be as the scams are very sophisticated.

  • What are your views on modular housing?

The fact that you can control all elements, as happens in the manufacture of cars means the outcome is predictable and running a building site can be very challenging. The time on site is less and you get a much more precise predictable product so I think it will become big in the next few years.

  • What is the process when you see an abandoned property that you are interested in purchasing?

You can purchase and download the title deed from the land registry this will provide the name and address for the owner or you can knock on the neighbour's door as they may know.

Every council has an ‘empty homes officer’ who has a list of all empty houses and the owners. If owners do nothing and the property falls into disrepair the council will carry out repairs and make charges to the owner. After a period of time, the council is able to put the property to auction.

 

  • BEST MOMENTS
  • ‘You are better dealing with people who live in this country, they are not going anywhere they have to live in these houses so the market is there’
  • ‘As commercial is converted to residential the supply is less and therefore demand is increased’
  • ‘When you’ve built them and are letting them out you have to set the rent high just to pay for everything and it doesn’t really work’

 

VALUABLE RESOURCES

Intelligent Investor book by Benjamin Graham

Progressive Property

 

ABOUT THE HOST

Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, as well as co-authoring the UK’s best-selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined.

 

CONTACT METHOD

Markhomer@progressiveproperty.co.uk

 https://www.linkedin.com/in/markhomer1

https://www.facebook.com/markprogressive

https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

03 May 2023Is Now a Good Time to Buy a Property?00:18:26

Mark answers some of the most asked questions he is getting at the moment including why yes now is a good time to invest in buy to lets, why interest rates will be dropping and why some debt can be good.

KEY TAKEAWAYS 

  • Being debt free isn’t always the best option, it can be worth investing money into property rather than paying off your mortgage
  • Inflation will be paying your debt down, including your mortgage debt.
  • The government haven’t helped tenants, landlords are selling up meaning less supply and so prices have increased.
  • Mark suspects interest rates will drop in the next few years.

BEST MOMENTS  

‘There are less landlords coming into the market and that’s pushing rents higher and higher’

‘Prices have fallen and there are still some deals out there’

‘The IMF says the natural point of interest in the UK is way lower than we are at the moment”

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

 

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

28 Mar 2024REVISTED: Why You Should NEVER Pay off Your Mortgage Early00:11:22

Mark has been investing in property for 15-20 years, approaching the 100 mark in terms of deals made and has a 70 million equity stake in various portfolios. One of the questions he repeatedly gets asked, is whether it is worth using additional cash to pay of your mortgage or if it is better to invest it elsewhere. Listen in to this episode to hear his thoughts and answers to this common question.  

KEY TAKEAWAYS

  • If you are even slightly disciplined you should not pay your mortgage off. If you are worried about interest rates then look at fixed rate mortgages.
  • If you can invest your cash somewhere else, you will earn more back on that lump sum than you will be paying in interest on your mortgage.
  • Property is still by far the best investment opportunity particularly in terms of lending from banks; they will always give you a great interest rate on anything you borrow.

BEST MOMENTS

“Why would you want to pay of your mortgage if you can get consistently good returns by investing in your isa and getting much much higher investment returns”

 

“You’ve got to make your money work for you, no one else will look after your money like you do”

 

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

 

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

 

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

18 Jan 2024Will Your Kids Ever Own a House? Mark of GB News with Nigel Farage00:10:37

Two of the most talked about issues in the country in regards to housing, are how the next generation will afford it and the impact migration and immigration are having on the housing shortage. Mark joins Nigel Farage on GB news to discuss this and the promises of house building from the current secretary of state for housing Michael Gove.

KEY TAKEAWAYS

  • Michael Gove has said the government can and will override local government and council decisions around housing.
  • Nigel Farage believes the single biggest issue facing the housing crisis is immigration.
  • Rental increases are largely in part due to a lack of supply of housing.
  • The government needs to present and show new ideas to help the lack of housing in this country right now.
  • New towns are one of the solutions to the housing crisis.
  • The housing planning system in this country is broken, being done at a local level it’s very political and this is detrimental to housing development.

BEST MOMENTS  

"For 2023 it’s unlikely they’ll build more than 160 thousand”

“He showed himself and the government to be more out of touch with the country and the reality”

“Rents have gone up 40% since 2016, since the Brexit vote”

“Planning is the major problem”

“I haven't seen any new ideas from Starmer”

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

03 Jul 2019The Definitive Guide to Deep Due Diligence00:17:51

How to Protect Yourself When Going Into a New JV Deal

Are you looking into working with a JV partner on a deal? Have you wondered what you need to do to make sure you are doing the right due diligence to protect yourself? In this episode of Mark My Words, your host Mark Homer, brings you everything you need to know as you go into a JV deal. Whether it’s making sure you drip feed money into the deal or checking your JV partners credit history Mark lets you know each step of the process. If you are looking to loan money or make a deal with a JV partner this episode has all the information you need to get the deal that’s right for you.   

KEY TAKEAWAYS

Get your JV partner to download their credit file. Get them to provide a credit file for you to have a look at before you go into the deal. If someone has a really bad credit history then you might want to question why you are going into business with them. Just ask them to redact any personal information if they are concerned with this.   

The land registry can be useful to see who owns buildings. You can apply for a previous version of the register to see who owned the property in the past. If the building is owned by a limited company you can check on the companies house website. You can check the amount of debt or charges on a property at any given time, as well as who owns the company. Make sure to check for any liquidated companies and who is owed money. This might be a reason to ask more questions or not work with them on this deal.  

It’s important to drip feed the money into the deal not send it all at once. If you are doing a development, send the money when the works are complete. Have a look on site before you pay and transfer any money, to make sure it’s all complete to the right level. If the transfers were done personally rather than through a limited company then they won’t show on companies house so ask for the documentation separately.  

Ask for three investor details that they have done deals with before. Have a look at their last three deals and ask them if they are happy for you to contact them. Check these individuals in companies house and on the land registry. Ask them how the deals went.  

View the properties. Even if the property has been sold you can look through the windows. Start small with the person and then move onto bigger things. Some people say that they want to see as much information as they would show to a bank so in this case, they want to see some of these documents: SA302 which will show their income, a full property list of all the properties they own.   

For the highest degree of security when you’re lending money only lend on a first charge basis, and up to 70% loan to value. You must find your own solicitor, and own RIC surveyor. They must have good local knowledge of those kinds of properties. If you are going to provide a loan then you want a solicitor to create and execute this for you. Make sure you have a partnership or shareholder agreement that is written by your own solicitor.   

Do the numbers add up? Speak to a builder about the costs? Are all the costs in the development appraisal? Check with the bank so you can refinance it to the value that it says. Make sure you understand the deal behind the joint venture.   

Do a search on Amazon with regard to people delivering training? Do a search on Google and on LinkedIn? How much coverage/reach they have? Is their website information-rich? Can you contact these people? Can you find a long history of content? What do other people say about them? What support do they offer? 

 

Best Moments 

‘Ask them for their credit history.’ 

‘I like to see a track record.’ 

‘As the person to supply documentation.’ 

‘Ask your accountant to help with this background work.’ 

‘Control the money.’ 

‘Ask for three investors details.’ 

‘Go with your gut.’ 

‘You need father time to show what this person is like.’ 

‘Investors can misuse the information compared with a bank so be careful what you share.’ 

‘Insist on a personal guarantee.’ 

‘Ask for copies for historical planning permission.’ 

‘If you don’t feel confident just walk away.’ 

‘If you are looking at someone training then do your due diligence.’ 

‘If the same things are coming from different people it’s more likely to be true.’ 

‘Making sure you are going to get out of it what you need.’ 

‘Be clear on your objectives.’ 

‘Training is an investment.’ 

‘Only listen to people who have real experience.’ 

‘Be careful from free advice.’ 

 

Valuable Resources
www.creditexperts.co.uk
www.eservices.landregistry.gov.uk
www.companieshouse.gov.uk
www.mygov.scot/basic-disclosure/apply
https://www.ricsfirms.com 

ABOUT THE HOST

Mark Homer

Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, as well as co-authoring the UK’s best-selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined. 

  

CONTACT METHOD 

Markhomer@progressiveproperty.co.uk 
https://www.linkedin.com/in/markhomer1 
https://www.facebook.com/markprogressive 
https://twitter.com/markprogressive 

 

 

 

 

 

 

 

 

 

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

01 Dec 2016What Makes a Good Joint Venture (JV) Partner00:19:32

Mark records this episode during his holiday in the Maldives and talks about JV partners. What makes someone a good JV partner, what we need to know about him as a person or professional, how to test his reputation and success in the industry, how to split the responsibilities and trust each other for long term success and growth.

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

28 Mar 2019A Massive 10x Announcement (Bonus Episode)00:06:22

The 2019 10x Property Super Conference is going to be a very different Progressive event. Myself, Grant Cardone and a host of UK property investing experts will be sharing with you the new cutting edge property strategies, the quickest cashflow strategies and how to generate multiple streams of income. You will be shown strategies where you need no mortgage, no deposit and no money to be successful.

If you're thinking about going to a property event of any kind, get yourself to the 10x Property Super Conference, it's going to be the biggest and the best property event, it's going to be bigger and better than any event that progressive or probably any other property event the country has held before.

Come and learn from the experts who are not just talking the talk but, walking the walk.

If you’re interested in securing a ticket go here: www.bit.ly/mark10x  to join the VIP Notification List. 10X Property Super Conference 7th-8th June 2019

KEY TAKEAWAYS

  • Property super conference: We've got a Super Conference coming back to the United Kingdom, it’s the 10X Property Super Conference and it’s 10x bigger and 10x better, and we've got a rather special gentlemen flying over from America in his private jet, Grant Cardone.
  • Grant Cardone has got nearly a billion dollars, yes a billion dollars worth of property himself, which he is sourced and analyzed to death. The guy knows rather a lot about property investment.
  • At the event, you’re going to learn how to supercharge things, how to move on to the next level very, very quickly, and probably miss out stages two, three, and four.
  • You’re going to learn the quickest cash flow strategy, how to buy without a mortgage and how to reduce or get rid of your deposits. The best thing is that you don't necessarily need to own property to be successful.
  • You’ll discover the most creative ways to own flip, rent out and control property without spending your own cash.
  • There's going to be really, really well-experienced people with a track record, who've been successfully investing for a number of years, often decades and they’ll be teaching you how to do this stuff live!. These aren't dreamy property trainers, these are people who walk the walk and talk the talk.
  • Learn also how to find fund flip and fill and discover the newest ways to source deals, how to rent them out, how to leverage them, how to do the right refurbs, get the cost of the refurbs down and sell the thing quickly to create that nice sort of trading profit.
  • Also learn how to build your empire, how to build the biggest portfolio through leverage and finally, how to retire after one deal.

    At the 10X Property Super Conference you’ll learn:
  • The Quickest Cashflow Strategy: No mortgage, deposit or owning property required for £3k to £10k per month from just one deal at a time
  • Low Money Down, No Money Left in & Other People’s Money: The most creative ways to own, flip, rent out and control property without spending your own cash
  • Retire After One Deal: Scaling from single lets to big projects that kick out cashflow & cash lumps 10x bigger than small deals
  • Finding, Funding, Flipping & Filling: The newest ways to source, rent out & leverage properties for fast & lasting cashflow, capital growth & empire building
  • 'Real Deal’ Investors, Financiers & Speakers: Learn from the best, walking the walk, doing the deals & making the big money, all in one event


BEST MOMENTS

  • “Doing things differently doesn't mean to say it's right or wrong, it's a different approach.”
  • “Always strive to get knowledge from people who walk the walk and talk the talk if you want to be the best.”

VALUABLE RESOURCES

ABOUT THE HOST

Mark Homer 

Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, as well as co-authoring the UK’s best-selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined. 

CONTACT METHOD

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

21 Nov 2019Update on my Current Projects Featuring Property Investor Peter Jones00:48:16

Go behind the scenes and join two experienced property investors discuss the property market, their current deals and developments, planning permission and proven property strategies working right now in today’s market. Listen in and hear Marks in-depth discussion with Chattered Surveyor, Serial Property Investor & Master Class Trainer, Peter Jones. 

 

KEY TAKEAWAYS 

  • Mark: How have you been growing your portfolio? 
  • Peter: Traditionally I’ve been investing in the North East but more recently I’ve purchased a plot of land which we were planning to build 5 terraced housing but due to some issues with planning that have taken over 2 ½ years to go through we have finally been settled on 3 bungalows with actually will generate us the same amount of profit and are cheaper to build so currently we’re now applying to remove the conditions and should have the foundations in before Christmas. The goal now is to have 2 or 3 projects running at the same time because of how long planning can take to go through.  

 

  • Mark: What investments have you been doing? 
  • Peter: As you know I owned one flat in a block of fourteen and it was a disaster, all fourteen were rented out and none of the owners could agree and it the whole block started to deteriorate so I was planning to sell. But in the end, I managed to get acquire four more flats and convince the other owners to secure the plot with a fence and make the area a lot nicer. Additionally to this, I have also been investing with my son-in-law in properties around Nottingham, mainly single-lets following the BRRR model.  

 

 

BEST MOMENTS“The whole planning system is a game and you just need to know more ways round” 
“More recently it’s taken me over 18 months to get planning consent”  
“The goal now is to have 2 or 3 projects running at the same time because of how long planning can take to go through” 
“Capital values have been rising in certain areas and the Midlands and the North are still playing catch-up to London price rises” 
“The property market is like a rollercoaster and property prices follow a ripple effect” 

 

VALUABLE RESOURCES 

ABOUT THE HOST 
Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, and co-authoring the UK’s best-selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined.  

CONTACT METHOD 

ABOUT THE GUEST 
Peter Jones is a Chartered Surveyor, an author and a serial buy to let property investor. He has been involved in property for over 30 years having graduated from the College of Estate Management, Reading University, and then qualifying as an Associate Member of the Royal Institution of Chartered Surveyors in 1983, before being elected a Fellow in 1992. 

By the age of 35, he was a Salaried Partner in a well-respected firm of Chartered Surveyors and was managing partner of their West End of London Office. His speciality was commercial property but during the recession of the 1990s his specialisation became redundant, and so did he 

CONTACT METHOD 

  • ThePropertyTeacher@gmail.com 

 

 

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

25 Jul 2024Why You Should NEVER Pay off Your Mortgage Early: A REVISIT00:11:22

Mark revisits a previous episode this week and discusses one of the questions he repeatedly gets asked, whether it is worth using additional cash to pay off your mortgage or if it is better to invest it elsewhere? Join Mark in this episode to hear his thoughts and answers to this common question.  

KEY TAKEAWAYS

  • If you are even slightly disciplined you should not pay your mortgage off. If you are worried about interest rates then look at fixed rate mortgages.
  • If you can invest your cash somewhere else, you will earn more back on that lump sum than you will be paying in interest on your mortgage.
  • Property is still by far the best investment opportunity particularly in terms of lending from banks; they will always give you a great interest rate on anything you borrow.

BEST MOMENTS

“Why would you want to pay of your mortgage if you can get consistently good returns by investing in your isa and getting much much higher investment returns”

 

“You’ve got to make your money work for you, no one else will look after your money like you do”

 

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

 

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

 

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

31 Jan 2019Dealing with Banks and Getting Your Loans Approved Fast00:09:30

To get financing, you have to prove to banks and lenders that you’re far from delinquent and can be trusted. So, in this episode of Mark My Words Podcast, Mark talks about how essential it is to build rapport with long-term lenders to get better terms with banks. He also suggests that you look for 2-3 commercial lenders. Though you’ve submitted the complete requirements and have an outstanding credit report, it also makes a difference if you have established a connection with the relationship manager since they already trust you and know that you meet the criteria.

KEY TAKEAWAYS

  • Mark prefers to get to know and contact the relationship manager directly with the bank, not through a broker. In this way, you get to know each other. So, when they see that you have good standing of records in their database and remembers that they also know you, there is a high possibility of getting the best terms with the lowest rates.
  • Mark’s Tips:
    • Have 2 or 3 commercial lenders.
    • Try not to spend too much money on legal fees.
  • We need development finance for our projects. Banks offer low loan values, and the terms are not as good. Mark suggests going to your broker for your development finance.

BEST MOMENTS

  • "Until the evaluation is back and the bank has confirmed how much they're going to lend on the property... you probably got that many more issues to come."
  • "In the future, I probably find a bank number two - a backup, a secondary bank."
  • "You need to have 2-3 long-term relationships with term funders who do development finance, who you could go to if you need a loan, who has got you in his system, who has seen over time how you behave."

VALUABLE RESOURCES

ABOUT THE HOST

Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, as well as co-authoring the UK’s best-selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined.

Contact Method

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

07 Feb 2019Marks biggest Property & Business Lessons00:18:42

MARK’S BIGGEST BUSINESS AND PROPERTY LESSONS

In this episode, Mark takes us through the biggest lessons he has learnt as an entrepreneur investor.

His experience and expertise provide an in-depth insight into the things that really make a difference in property investment, listen in to find out more.

KEY TAKEAWAYS

  • Keeping property

Keeping property in the long term is always a better strategy. If you keep property over the long term and possibly convert it into flats to let or renovate, then you will generally generate more profit from the project.

Over the longer term, this will create a build-up of money that will enable you to work less, freeing up your time to do other things.

  • Don’t pay builders for works not complete

Although we sometimes have to run ahead its best to not to expose yourself. If you pay builders up front they are less motivated to complete. Always hold a sizable amount for payment on completion to ensure all aspects are completed to the standard you require.

  • Economic exchanges that initially look cataclysmic are often sortable

Lots of legislation changes, blips with the Stock Market and section 24 haven’t developed into recession and even in this scenario often it’s better to hold.

If there is a drop, over the medium to long term the value will go back up again.

  • Dinner party investments

Often people like to brag about what they own.

The prettier a property the more likely the yield will be lower and the greater the depreciation compared to less attractive buildings

Doing what looks easiest and the most interesting to others can mean thinner or no profit at all.

  • Focus on 1 or 2 strategies and get really good at them

The key to making money and business is to get really good at something, becoming better at it than your competition.

  • Lots of people say equity or shares are better than property investments

Most of the time the return within a fund is less than if you are investing yourself and adding value to the property as usually the return for cash on cash is in double figures.

  • Birds of a feather flock together

If an investment is risky, a scam or unlikely to produce good results the people around the project often have questionable morals.

You don’t necessarily need to understand an investment just look at the people who are around it.

  • People always buy what they want and not what they need.

People will pay for something they want rather than what they need. if you are developing a product it does need to solve problems and it does need to be something people need but you must make it something they desire above all else.

Your spend on marketing and sales in your business should come first. If you don’t have marketing you don’t have a business.

  • ‘No’ from somebody buying something or investing in something is only ‘no’ today  

If you are rejected let them see what you are doing, often it is just a matter of time. Be consistent and let them see you can be trusted.

  • Cars, things and gadgets

Experiences and relationships are far more satisfying than things. Focus on things you can do these experiences will stay forever.

BEST MOMENTS

‘It usually all works out’

‘People often misevaluate’

‘We are attracted to things that keep us safe’

‘Make sure you are buying buildings that are throwing out value’

‘You’re much better buying the old dirty buildings and adding value’

‘Investments that shine usually don’t’

‘The sizzle sells the steak’

VALUABLE RESOURCES

https://itunes.apple.com/gb/podcast/mark-my-words-podcast/id1165370399?mt=2

ABOUT THE HOST

Mark Homer

Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, as well as co-authoring the UK’s best-selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined.

CONTACT METHOD

Markhomer@progressiveproperty.co.uk

https://www.linkedin.com/in/markhomer1

https://www.facebook.com/markprogressive

https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

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