Investing, business, finance &economics - Mark Homer has the experience to help you with many of your questions & challenges. Mark My Words is a successful, eccentric & introverted businessman’s experience of 20 years with no waffle, ads, bravado or big pitches. Mark will interview the worlds most successful business, finance & money experts as well as impart his knowledge in a factual, direct manner. Mark runs & owns multiple businesses & property portfolios so teaches you what he does on a daily basis. A contrarian investor & capitalist, Mark will help you raise more finance, make more money & grow your business empire.

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

There have been many predictions of market crashes, recessions and a great depression looming in the next few years and many people have been anxiously awaiting Chancellor Rishi Sunak’s 2021 budget briefing. Join Mark today as he depicts the budget and explains what this means for you. Mark discusses the freeze of the nil rate allowance, the increase of cooperation tax to 25% and the end of the bounceback schemes.   KEY TAKEAWAYS It is going to take a while for the economy to recover. The first thing the chancellor Rishi Sunak has said is that there will be no increase on income tax, national insurance or VAT, however he will freeze the nil rate allowance which typically rises every year. He will also freeze the top tax rate. These strategies are a slightly less visible way of taking the money back, and it does not happen straight away.   Many people thought that the capital gains tax rates would go up however Rishi stayed silent on this matter. Rishi also confirmed that he would not change the inheritance tax allowance and would not change the pension lifetime limit which is £1million.   Unlike reports of corporation tax going up to 23% he is going to raise the rates to 25%. This rise will not be seen until 2023. The current rate is 19% and many people will notice the 6% rise significantly. Smaller companies with less than £50,000 will still pay 19% and inbetween £50,000 and £250,000 you will pay between 19%-25% depending on how much the company makes in that tax year.   At the end of March when the bounceback loans end there is going to be a new loans scheme where the government is going to guarantee 80% of the loan. The business rates holiday will continue until the end of June with a tapered reduction and the 5% reduced rate of VAT is extended until the 30th September with a 12.5% rate until mid next year.   The big news in the property world is the stamp duty holiday extension. This and the 90% mortgage guarantee will support the lower end of the property market. With all the government support it seems less likely that the market will crash.   All the schemes have given consumers a lot of savings to spend, there is a huge amount of money in savings accounts and as the economy opens up, they are going to go and spend that money and there is likely to be some inflation. As inflation picks up, you could see inflation rise by 3%-5%.   BEST MOMENTS “It is probably an even bigger hit since world war 2 with the amount t

Join Mark Homer today as he interviews co-founder of award winning investment service Hargreaves Lansdown and majority shareholder of Bristol City FC, Stephen Lansdown CBE. Together they discuss the impact the pandemic has had on the financial market globally, why saving for your future is more important than ever and why people should take an active interest in their personal investments.   KEY TAKEAWAYS There is a lot of value accredited to trail commissions businesses, especially over the last 10-15 years. Company valuations that are based on repeat income seem stronger than those that are taking a one off chunk. If you’re giving a good service then a client will stay loyal to you and you will continue to take that income. The more clients you get the more assets you have got and the more fees you generate.   Governments are so much in debt due to the financial crisis and the pandemic, that you have to make your own precisions which is why saving is so important. Financial services platforms are in a good position to service that market. Healthcare, technology and renewable energy are good investment opportunities for now and the future.   Whilst the timing of it is hard to predict, the reality is there will be inflation at some point. Inflation is needed because that is how assets recover and how we get ourselves out of debt. Cash is not great at the moment and the alternative to that is equity investment which is why the stock market is benefiting massively.   There has always been a herd instinct in investment and many people tend to follow the crowd. You can follow it too far, and that is what makes the market. The market will not go up forever, and it will not go down forever, it will adjust along the way.   A wise way to use your money is to firstly ensure you have a certain amount in cash to meet your short term expenditure so that you are never caught short. Secondly, get some income that gives you a guaranteed return with fixed interest rates. Finally look towards investing in growth and income with either equity or property.   The fixed interest market is more of a property rental market these days. If you can find a good property/properties that can give you a good yield and can ensure you a good, guaranteed income then you can budget accordingly and make further investments along the way.   People should take an active interest in their investments, that is what the platform Hargreaves Lansdown has done for pe

Mark is joined by fellow co-founder of Progressive Property, Disruptive Entrepreneur and Friend Rob Moore, together they discuss how to perfectly invest £1 million. Whether you’re looking to invest in property, hotels, classic cars or stocks and shares Mark and Rob have got you covered, join them today to find out more.   KEY TAKEAWAYS Property: Due to the current pandemic there are many hotels sitting empty waiting for investment. If there aren't deals there now, there will be very shortly. There will be many opportunities within the hotel industry to either re-open to guests in the summer months or to convert the hotel into something else.   Things to consider if looking to invest into a hotel are: Where is it? What is it? And What is the occupancy? Occupancy in both HMO’s and Hotels is everything. If it is running at 70% full, that is all your profit gone and it is then running at a loss. Assets: When investing in watches, cars or art try to ensure that you invest in products that are limited edition or where there was only a small amount produced. Rolex, Patek Phillipe and Richard Mille are the three watch models that are strong in the market currently.   New petrol and diesel vehicles will not be available from 2030 according to the government. Theoretically speaking existing petrol and diesel cars will go up in value as they become rarer to buy. There will likely be less service stations to purchase petrol and diesel however it is unlikely that they will be impossible to run.   As long as you buy right, investment into classic cars is a good place to park your money and enjoy it at the same time. Whilst it may go up in value, it probably won’t make much profit. What you should be aiming for is to have something that doesn’t go down in value.   Stocks:   You could invest a small amount of your £1 million into a higher risk strategy such as crypto currency or EIS schemes. They are very high risk and can drop to be worth nothing however there are big tax benefits to doing this.   Investment Advice: Become really interested and passionate about what you are potentially investing in. Become knowledgeable about a particular class and stick with that when investing. If you are aiming to make serious amounts of money through this platform, then you will likely need to become a professional in this niche.   We do not know what will cause the next recession nor do we know what the effects of it will be. The best

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/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.

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 ha

Mark is joined by fellow co-founder of Progressive Property Rob Moore and together they discuss how you can perfectly invest £250,000 to ensure you get the highest returns possible. Discover how you can maximise your investment by purchasing businesses that have been hit by the pandemic, why buying properties in cash can allow you to get the best deals as well as discovering the best market trackers to use when investing your money in stocks and shares.   WATCH ON YOUTUBE How To Perfectly Invest £250,000 |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 Businesses: Due to the current pandemic, there are likely to be some businesses that are willing to sell for £250,000 or less. Many hotels, nurseries and event companies have been very badly affected by the pandemic and are coming to the market in the new year.   Property: If you are buying single lets, buy up to seven at a time with £30,000-£35,000 deposits and roll that over. You could also use this money to buy properties in cash. These properties may be unmortgageable and therefore you can get the property much cheaper. By doing this you can cut out the majority of the market as most people are unable to buy without a mortgage.   Appreciating Assets: With this budget, you can invest in Patek Philippe and Richard Mille watches. The more complicated the movement of the watch, the more expensive it is. It is better to pay more money and have more growth.   Appreciating Assets: It is very important that you find an asset class that you enjoy. Whether that be stocks, property or business. Investing in gold can be a good safety hedge. Monetary financing will soon catch up and inflation will start to build, and gold will be the beneficiary of that.   Property: If you buy commercial buildings or newbuild blocks of flats and you convert them, the capital allowances are available on the purchase price up to 20%. When you convert the buildings all the work that you do to the communal areas between the flat you can claim capital allowances on.   Stock Market: Look for companies that are currently in trouble, but are fundamentally going to be okay in the long run. Be prepared to lose money on stocks on occasion. If you want to make money over time buy some market trackers i.e Footsie o

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

Welcome back to episode four of the How To Invest For Maximum Returns’ mini-series. In this episode, Mark and Rob unwrap the perfect investment vehicles for an initial £50,000 investment and share with you the risks, rewards, capital gains and opportunity investments in property, stocks and shares and new start-up business models. Listen in and discover exactly how to get more than 20% return on your investments, how to leverage your initial stake for higher returns, why it’s important to diversify your portfolio and why starting and scaling a business can still be one of the best investments you can make today. WATCH ON YOUTUBE How to Perfectly Invest £50,000 | 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 £50,000 you can purchase a freehold house and get a net return including 75% leverage from your 25% residential buy-to-let mortgage on you 15% or more on each property purchase. This is by far the investment strategy with the highest possible maximum return. Purchase a 130k+ house that could be worth 170k+. Add value with a refurbishment of no more than 10k and roll your initial 25% investment back out and keep going. If you’re able to fully retrieve your deposit by refinancing you will have gained an ROI of 100% and now have a proven appreciating asset and your initial investment back.   With an initial investment of £50,000, you have the ability to diversify your investment strategy. As long as your investing in areas of the country where the population is growing you can secure multiple positive investments for £50-60k, flip the property and also use different property strategies such as But-To-Let, Commercial Conversion or HMO’s dependant on your area. Additionally, you can also keep some of your investment aside to use for tracker funds and other commodities. Stocks & Shares. When investing in stocks and shares its a good idea to diversify your portfolio into 15 or more different equities. Smart diversified tracker fund investments with Hargreaves Lansdown or Vanguard with good growth potential are ishare emerging markets equity index class H (accumulation), Vanguard FTSE 100 index (accumulation) and Legal and General index (accumulation). These funds cover blue-chip companies and are a low-risk in

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 yo

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/progressivepropertyhttps://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 manag

Getting into investing can be hard, but with the advice from Progressive Property Co-founders Mark Homer and Rob Moore, it just got a lot easier! Mark and Rob discuss how to perfectly invest £5,000 which an array of investment opportunities and tactics for every entrepreneur to level up their investment strategy. If you’re looking to make a good return on your capital and invest in something you love, this episode is for you. WATCH ON YOUTUBE How to Perfectly Invest £5,000 | 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 you are investing, you have to first decide whether you want to use your time in that investment which is called active, or whether you don’t want to use your time in an investment which is called passive. £5,000, is a relatively small sum to begin investing so for the highest return it would serve you to invest in a business, invest your time and invest the bulk of your finances in marketing to drive increased sales. If your passion is to invest in property if may be wise to continue to save until you can move into property investment full time and be smart with your finances by securing loans and JV finance to turn your initial investment into much more. You could also invest it in stock marketing or ISO, but this is passive and it would take longer to generate a huge amount of money. This would be a slower investment and return overtime but can yield impressive results. Training and education businesses are a very good investment because you only need to have the internet and a good phone to record yourself. You only need to know something to teach and a paying audience will listen. Classic watches and cars can generate huge returns if you purchase them at the right price, but it would be more beneficial to invest in a business to generate you the type of passive income you need to invest in wealth-generating assets. Cryptocurrency is a newer market that can give you a very high return when the price and market cap go up. BEST MOMENTS "I would invest it in marketing to generate leads to clients resulting in sales." “Nothing is truly passive; you have to work hard for you not to work hard.” “It is important to preserve capital and have contingency cash.” “Cash

Today Mark is joined by acquisition and business strategist and CEO of The Deal Makers Academy Jonathan Jay and together they discuss all things business. Discover today how you can only improve your business skills as the years go on, how to get into a ‘deal flow’ and why implementation will allow you to become hugely successful.   KEY TAKEAWAYS   So many business owners think that they only get one shot at the business. The reality is they can do it again and again and get better as the years go one. The expertise and the knowledge that you learn throughout your business ventures are around the acquisition, the stabilisation, the optimisation and then the exit, rather than that particular business.   The only amount of money you should draw as income is the amount of money you need. People see big salaries as a way to boost their ego. However, if you don’t need the money, then what is the point? Leave the money in the company and move it sideways to invest in a property or other things, rather than taking it out and being heavily taxed on it.   Getting yourself into a deal flow is just a piece of marketing. If you get the marketing correct and follow certain processes, you can turn the tap on and create a flow of deals. When you have a deal flow, you become an amazing negotiator because you are not wedded to any one particular deal. You just don’t care if the deal doesn’t happen. You don’t get a deal if you are chomping at the bit to buy something.   The difference between those who succeed incredibly and those who always seem to struggle is implementation. It is not procrastinating over what you want to do, it is just doing it and not worrying about getting it wrong or waiting for it to be perfect. Deliberating over decisions will not always end up with a better result, sometimes you have just got to go for it and trust your instincts. Test things, measure the results and tweak when needed.   As unemployment will inevitably get worse, there is going to be more focus on training people and upskilling them. If the shops aren’t open and there are fewer opportunities in retail, travel and hospitality then people will have to do something else. To do something else you quite often have to learn something new. Investment in apprenticeship and NVQ schemes is a good idea as more people will be looking to acquire new qualifications.   BEST MOMENTS “It is not always about the money, sometimes you just don’t want to be doing so

Tune in to a brand new and exclusive live investing 12-week mini-series with your host Mark Homer and Progressive Property Co-founder, Rob Moore every Monday at 7PM.   Each week Mark and Rob deep dive into the art of investing with actionable advice on investing in business, property, stocks, shares, assets and more with any amount of pounds or dollars, all the way from investing with nothing, up to investing £1 million. At each stage and at each investment amount there will be a different strategy, a different asset class to invest in and a different approach to investing that is tailored to yield the best return.   HOW TO WATCH Watch Live On The Progressive Property YouTube Channel Every Monday At 7PM Tiny.cc/PPTV Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes   KEY TAKEAWAYS   Discover the fundamentals of investing and why you must preserve capital at all costs, whilst maximising leverage to increase your capital.   Understand low, medium and high-risk investing strategies and tactics from defensive investing in low-risk physical asset classes such as wine, gold or art to high-risk high-return strategies tailored to your investment pot. At each stage and at each investment amount there will be a different strategy, a different asset class to invest in and a different approach to investing that is tailored to yield the best return.   Learn the value of compound interest, how to know when and what you can leverage and the difference between active vs passive investing. Uncover the secrets to the trade-off between returns on time and returns on capital among all investment classes. BEST MOMENTS “One of the best return on investments I’ve ever gotten has been investing in myself and starting a company” “Each time you rise up and increase your investment pot your strategy will change”   VALUABLE RESOURCES 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   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

The property world can be very daunting, particularly the finance side. Join Mark today as he simplifies the hidden costs of property finance and talks you through what to look out for when looking to get financing. Mark discusses the advantages of bridging finances, the hidden expenses in fixed-rate mortgages as well as looking out for exit fees.   KEY TAKEAWAYS Bridging finance is something that people may choose to use on properties where there may not be any income and traditional mortgages are not available. Bridging finance is usually available on any sort of property and it is really just based on the loan to value, however, it is much more expensive. Often, bridging finance will get you in on the teaser of 0.5% per month, usually by the time you go to exchange it is likely to be more expensive, potentially up to 16%.   Fixed rates are generally more expensive. They are more expensive because effectively it is like an insurance policy against the interest rate rises. The fixed-rate deals over time usually have ended up being more expensive than the variable rate. Generally speaking, the market is offering fixed rates at the premium to the expected average interest rate that you’re going to be charged during the term of the mortgage.   Always look at any exit fees you may face. On investment loans there generally isn’t any, however on bridging loans you may get some for 1%-2%. With development finance, which is the type of finance you will be taking out to develop properties, there can be an exit fee. This exit fee may not always be a percentage of the loan, it could be a percentage of the gross development value of the project, which can be very significant.   If you are going to be doing stuff that is a little bit outside of the box (perhaps you are doing a large HMO), you may find yourself looking towards an Aldermore or Shawbrook type product. They can be great on smaller deals that are outside the box, but they can be very expensive. They may be 5%-6% interest whereas if you went to a high street or to a commercial bank, they might be doing it for 2.5%.   BEST MOMENTS “So often I get people coming to me saying ‘I’ve got this mortgage and it is a really low rate, isn’t it great!’ but it is only a two-year deal. You really need to look at everything in the rounds” “I generally prefer variable-rate mortgages but I find that fixed rates are a good insurance policy, but you need to pay for that.” “Just be mindful o

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

If you’ve been thinking about taking the plunge on investing in HMO’s but are not sure about the hidden costs involved, or perhaps you already have a portfolio, and can’t understand where all your money has gone? Then listen in today as Mark identifies the hidden costs of HMO’s and multi-lets. Mark outlines the importance of managing your utility bills, using detailed referencing to source the perfect tenants as well as doing up your property and setting it apart from the rest to ensure it is always occupied.   KEY TAKEAWAYS The first big hidden cost with HMO’s are utilities. It is important you manage these because lots of tenants will regulate the temperature of their rooms by opening the window rather than turning the thermostat up or down. Put a system in there which controls the temperature range and also the times that the heating comes on.   Secondly, you may come across some conflict between your tenants. Noise complaints, mess complaints and anti-social behaviour are no good when this could potentially upset your current, good tenants. Reference your tenants well, make sure you get working tenants and if that has not worked, and somebody is still causing problems eventually you may have to serve notice.   Cleaners may not do their jobs sufficiently in communal areas. Make sure everything is clean and tidy and you hire trustworthy companies to look after your property so as to not upset your tenants. Enforce regular inspections to ensure the property is tidy which will, in turn, make it a lot more marketable and people will want to stay.   Voids in HMO’s can happen reasonably and frequently. Inevitably the property will fill up if your HMO looks the best. You really need to dress it nicely and market the property with professional marketing photos.   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 “Make sure you are getting the cheapest electricity and gas.” “Make your HMO look the best in the town and you will keep it full.” “This could mean the difference between thirteen hundred pounds in council tax and potentially four or five thousand.”   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 i

If you’ve been thinking about taking the plunge on investing in HMO’s but are not sure about the hidden costs involved, or perhaps you already have a portfolio, and can’t understand where all your money has gone? Then listen in today as Mark identifies the hidden costs of HMO’s and multi-lets. Mark outlines the importance of managing your utility bills, using detailed referencing to source the perfect tenants as well as doing up your property and setting it apart from the rest to ensure it is always occupied.   KEY TAKEAWAYS The first big hidden cost with HMO’s are utilities. It is important you manage these because lots of tenants will regulate the temperature of their rooms by opening the window rather than turning the thermostat up or down. Put a system in there which controls the temperature range and also the times that the heating comes on.   Secondly, you may come across some conflict between your tenants. Noise complaints, mess complaints and anti-social behaviour are no good when this could potentially upset your current, good tenants. Reference your tenants well, make sure you get working tenants and if that has not worked, and somebody is still causing problems eventually you may have to serve notice.   Cleaners may not do their jobs sufficiently in communal areas. Make sure everything is clean and tidy and you hire trustworthy companies to look after your property so as to not upset your tenants. Enforce regular inspections to ensure the property is tidy which will, in turn, make it a lot more marketable and people will want to stay.   Voids in HMO’s can happen reasonably and frequently. Inevitably the property will fill up if your HMO looks the best. You really need to dress it nicely and market the property with professional marketing photos.   Make sure you take out the correct insurance, specifically for a HMO. Go to a broker (preferably one broker for the whole portfolio) and make sure 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 “Make sure you are getting the cheapest electricity and gas.” “Make your HMO look the best in the town and you will keep it full.” “This could mean the difference between thirteen hundred pounds in council tax and potentially four or five thousand.”   ABOUT THE HOST   Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the

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

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 See omnystudio.com/listener for privacy information.