Episode Description
https://www.progressiveproperty.co.uk/raf/
Right now, the UK property market is in the middle of a serious storm and whether you're a landlord or a tenant, it's about to get a whole lot worse for those who don't have the right knowledge. So make sure you stick around till the end of the episode to find out exactly how you can not only weather this storm but turn it into the opportunity of a lifetime.
Sean explains how we got into such a mess, why The Renters Bill will make rents increase further, and most importantly how to turn that impending crisis into an opportunity that will benefit both you and your tenants.
- KEY TAKEAWAYS Despite the challenges, there are significant opportunities for savvy property investors willing to learn new strategies and navigate the changing landscape.
- · Government policies, e.g. Section 24 and the tenant fee ban, combined with higher overheads squeezed small landlords, forcing them to raise rents or leave the market.
- · The new Renter’s Rights Bill is designed to protect tenants, but it is also likely to push rents higher. Landlords will not be able to absorb all of the costs related to compliance.
- · Abolishing “no fault” evictions is making renting riskier for property owners, so many are leaving the market.
- · You can step in and buy as landlords leave the market and apply the new strategies that you learn from Progressive to create win-win deals.
- · Increasing the number of responsible landlords is key to balancing the market and easing rent pressures for tenants.
BEST MOMENTS
“Since 2010 rental prices have shot up by 90% across the country. This is totally unprecedented.”
“It's a huge opportunity coming up right now. If you're not in, you can't win.”
“If we can bring rent down by increasing supply, by increasing the number of landlords, then we create win-win situations for everyone.”
“You can learn these strategies at Progressive property trainings. Once you know what you're doing and you know how to navigate that bill (Renter´s Rights), you can set up your properties and do win-win deals.”
VALUABLE RESOURCES
MSOPI – Multiple Streams of Income:
https://www.progressiveproperty.co.uk
ABOUT THE HOST
Sean Fitzpatrick is a property investor, educator, and the Face of Progressive Property. With a 6-figure portfolio and expertise in creative strategies, finance, and off-market deals, Sean shares success stories from the Progressive Property community, expert insights, and real-world strategies to help investors succeed. Tune in for practical tips and no-nonsense advice to accelerate your property journey.
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
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This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/