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Kevin engages in a thought-provoking debate with tenant Alana Jackson James. They explore the complex relationship between landlords and tenants, discussing rent increases, costs, and the challenges both parties face. Kevin also shares invaluable insights into the property market, government policies, and the importance of financial education.
KEY TAKEAWAYS
BEST MOMENTS
“Higher rents does not make me more money as a landlord. Very simple thing. Higher rents are because of higher costs.”
“The system does not teach us financial education in school. And they don’t teach us financial education in school because they don’t want you financially educated.”
“Attack the easy person to hit. It’s like the bully in the playground, go for the little guy. So let’s attack the little guy.”
“Too many people are too book-smart and not street-smart. And what that means is they get stuck in a job exactly in the system the government want you in. Yeah, giving you enough every month to survive but not enough to thrive.”
“Cheaper prices, cheaper rents. Cheaper interest rates, same profit margin, solved the problem. But who actually needs higher prices? The government. The government need higher prices. Why? Because they get a tax for higher stamp, higher price, more stamp duty. Higher price, more capital gains tax. Higher price, more inheritance tax.”
“Sometimes you have to do what you don’t want to do so you can do what you want to do.I worked really hard doing what most people won’t so that I can spend the rest of my life living how most people can’t.”
VALUABLE RESOURCES
MSOPI – Multiple Streams of Income:
https://www.progressiveproperty.co.uk
ABOUT THE HOST
Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.
CONTACT METHOD
https://www.facebook.com/kevinMcDonnellProperty/
TikTok: https://www.tiktok.com/@progressiveproperty
YouTube: https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g
Twitter: https://twitter.com/progperty
LinkedIn: https://www.linkedin.com/company/progressiveproperty
Instagram: https://www.instagram.com/progressiveproperty/
Facebook Community: https://www.facebook.com/groups/progressivepropertycommunity
Facebook Page: https://www.facebook.com/Progperty
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December 12, 2024
December 11, 2024
For anyone looking to expand their real estate horizons beyond borders, this podcast offers a treasure trove of insights from top agents around the globe. Whether you’re looking to showcase your expertise as a real estate professional or uncover the next great investment opportunity as a buyer, Global Real Estate Insider provides the expert advice and market analysis you need to make informed decisions in the global real estate arena.
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