Beginning, Building and Belonging to the Progressive Mastermind Community
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In this episode, Catherine Turner who has built both a successful Amazon business and Serviced Accommodation portfolio is in conversation with Peter Jones a long-standing property investor, Chartered Surveyor and author who has also built a successful property portfolio.
\\nThey discuss how Catherine moved from employee to successful entrepreneur and the importance of being part of a community.
\\nThis episode provides a candid account of both the successes and challenges that property entrepreneurs face. If you are considering property investment and want to achieve a successfully leveraged lifestyle then you need to listen in now.
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KEY TAKEAWAYS
\\nHow long have you been in property?
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- I began educating myself about property investment at the end of 2011 and I initially began my property journey with a different training company. It provided a great deal of learning for me about what I wanted from a training company and I bought my first buy to let in 2012 \\n
What was different about the training at Progressive?
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- It is the community that makes it special. It’s the inspiration and support network that the community provides to every individual that is a part of it. It’s like having an extended family. \\n
How did you get started?
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- The beginning stage included my mum and it was her property that was our first rental property. The plan was to earn more money from renting the property than it would cost to rent somewhere else. \\n
- It was a great learning experience and the first step, but part of the learning process was understanding that we didn’t work well together as business partners. \\n
- In a business partner, you need someone who is different to you, with differing strengths and weaknesses it is important that you compliment each other\'s skills. \\n
- My new business partner was my husband and as we didn’t have potential investors or finance within our family and friends we began initially to look at rent to rent HMO’s \\n
- We invested the capital from our own property and rented a property that met our needs. \\n
- We used the capital to buy and develop our first HMO and to joint ventured with someone else buying and flipping properties. \\n
- Your financial security is now in the properties that you have invested in rather than the property you are living in. \\n
- We undertook the management of properties and that experience helped me to realise that I wanted to be a property investor, not a property manager. \\n
How important was the Mastermind Group?
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- Being part of the mastermind group helped my business partner and husband to see that property investment was a way of obtaining financial freedom. \\n
- We agreed that we wanted to get down to a 4-hour working week and have been able to achieve this. \\n
- We took our ideas for life leveraging to Rob Moore, who wanted to create a course that was practical and actionable and between us we created the Life Leverage online Master class. \\n
- It has helped so many people and the wide variety of people that we have had the opportunity to work with has been great. \\n
- It\'s an online course and, if you want to get in touch, joining the Facebook group will help you to find out more. \\n
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BEST MOMENTS
\\n‘Knowing that people have got your back is massive support and makes a real difference’
\\n‘It was an opportunity to dip our toes in and was a great learning experience and first step’
\\n‘The first one is always the biggest learning curve’
\\n‘I did a lot of research to ensure I was getting the best price and quality’
\\n‘Bringing together rent to rent and serviced accommodation was the strategy for us and the one we are now developing’
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VALUABLE RESOURCES
\\n\\n\\nBuilding a Business Using Amazon
\\nhttp://www.thepropertyteacher.co.uk/
\\nFacebook Community: bit.ly/llocfbgroup
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ABOUT THE GUEST
\\nPeter Jones is a Chartered Surveyor, an author and a serial buy-to-let property investor. He has been involved in property for over 35 years and now owns 78 letting units. He is still actively involved in buying and renovating the property, and regularly flips properties for profit. Peter has written a number of successful property books. The first,\\u202fAn Insider’s Guide to Successful Property Investing, was first published in 2000 and was one, if not the very first, the book of its kind which was written for what we\'d now call buy-to-let investors.\\u202f
\\nOn the back of its success, he was invited to be a guest writer for Property Secrets and wrote Spanish Property Secrets, French Property Secrets, and Portugal Property Secrets. He has since written a number of other successful titles dealing with UK investing including\\u202f63 Common Defects in Investment Property and How to Spot Them, the highly acclaimed\\u202fThe Successful Property Investor’s Strategy Workshop\\u202fand\\u202fThe Property Renovator’s Workshop, in which Peter describes step-by-step how he built his own property portfolio, starting with virtually none of his own money.\\u202f
\\nCONTACT METHOD
\\nhttp://www.thepropertyteacher.co.uk/
\\nhttp://progressiveproperty.co.uk/
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ABOUT THE HOST
\\nCatherine Turner
\\nCatherine is an iTunes No.1 podcast host of Leveraged Lifestyle, entrepreneur, businesswoman, an Inspirational Speaker, world record holder, Co-Director of Ideal-Collective.com and a mum of 2!
\\nCatherine quit being an employee in 2013, after working more than 50+ hours on average a week, over 3 jobs. Jobs, hours and a lifestyle which led to a diagnosis of clinical depression before the age of 25.
\\nIn 2011/12 Catherine discovered the power of investing in property, and tried many different property investment strategies over the years, finally settling on Serviced Accommodation in 2015, which has now grown from one unit in her home town of Chelmsford, Essex to over 50 across the UK, helping investors, landlords and developers create a better return on their money or property.
\\nThis year, Catherine and her husband Stephen, also her business partner, joined forces with the Directors of LoLite Homes to create the Ideal-Collective.com, which is all about leveraging the services and knowledge of all four Directors when it comes to Serviced Accommodation, Social Media, Finance & Virtual Assistants.
\\nCatherine started Leveraged Lifestyle podcast to give business owners and those not leading their ideal lifestyle, to learn the mindset and skill set it takes to create a lifestyle of Freedom, by leveraging time, money & knowledge and using outsourcing and systemisation.
\\nCONTACT METHOD
\\nhttp://www.ideal-collective.com
www.instagram.com/catherineannt
www.facebook.com/catherineturnerspeaker
www.linkedin.com/in/catherineturnerspeaker
https://itunes.apple.com/…/leveraged-lifestyl…/id1380225106…
https://www.stitcher.com/…/progressivepr…/leverage-lifestyle
Leveraged Lifestyle Community: bit.ly/llocfbgroup