Sam Spencer’s background was in physiotherapy and had carved out something of a successful career for himself. The money was great. He was seeing the world. Opportunities were everywhere. But suddenly the rug was pulled out from beneath his feet when his role was made redundant. But instead of being defeated, Sam chose to take control of his business and financial life and found his way to Progressive Property, and an entirely new world was opened up to him. Sam joins David today to talk about h...
Jul 21, 2019•45 min•Ep. 54
‘You just need one mistake to skew the numbers and it de-positions you with your investor, you must get the numbers right’ David explains the numbers that are key and how to ensure the calculations are correct when you are putting together a deal for an investor. He shares a detailed example of when a deal isn’t a deal worth having because the numbers don’t stack up and how each number can be calculated accurately. If you want to understand exactly how to make the calculations that make a deal p...
Jul 14, 2019•22 min•Ep. 53
‘I get feedback, sometimes tough love is necessary, sometimes a kick, sometimes a guiding hand’ In this informative episode, David tackles the issues and questions that have been raised by some of the deal packaging community. He focuses on some of the issues those early in their deal packaging experience often find the most challenging and provides succinct advice on how to deal with the problems and move forward from these ‘road blocks’ KEY TAKEAWAYS I’m doing lots of work for investors, when ...
Jul 07, 2019•37 min•Ep. 52
We were interested in and passionate about property, but we didn’t see how it could scale to replace an income until we came to ‘multiple streams at Progressive’ In this episode, David is in conversation with Rick Cusimano who shares his journey from day one as a deal packager. In this candid conversation, Rick shares what was successful and the challenges he faced in the first 12 months. If you’ve ever wondered if you can do it – listen in to this episode now, to hear about how Rick did it, the...
Jun 30, 2019•34 min•Ep. 51
Welcome back to the Property Sourcing Podcast! If you’re looking a straight-to-the-point introduction to packaging rent to rent and serviced accommodation, then you’re in the right place. Today, David interviews Nick Vint from Falcon Property Services who’s experienced in this aspect. Discover what factors to consider, what to look at when viewing properties, and how to approach investors and landlords, so you could start earning money fast. Rent 2 rent’s and SA’s are proven to be good for those...
Jun 23, 2019•31 min•Ep. 50
In this very special episode, the conversation is flipped the other way around! David finds himself being interviewed about deal packaging and property by none other than Khadija Kalifa, one of the most successful contestants on BBC’s The Apprentice, and a valued member of the Progressive Property team, who met with David to dig into his more personal side, but also to discuss his journey, his take on success, and what deal packaging can do for you… KEY TAKEAWAYS The average fee for any deal pac...
Jun 16, 2019•52 min•Ep. 49
If you’re looking for the fastest way to increase your cash flow, then consider learning about Deal Packaging. This episode of the Property Sourcing Profits Podcast is perfect for starters who want to learn this property strategy. Today, it’s David who’s going to be interviewed by your guest host, Laura Muse. Everything you need to know about deal packaging will be tackled – from looking for investors to securing your compliance to presenting your deals. David says it’s going to be easy to achie...
Jun 09, 2019•29 min•Ep. 48
In this very special episode, David is in conversation with Rebecca Smith, a former deal packager who had such huge success that she was able to transition to a new career focussing on the investment side of property. In this highly inspirational episode, Rebecca gives her insights into the mindset she used to carve out a new career for herself in property, the creativity she employed to create her own business model, and the lessons she learned along the way towards her own success story. KEY T...
Jun 02, 2019•32 min•Ep. 47
In this inspirational episode, David is in conversation with Jessie Marsh who has used her experience and expertise in property sourcing to move successfully into other areas. They discuss her journey, the initial challenges and how being open to learning and choosing joint venture partners who have specific expertise can help you to achieve great things in new and exciting areas. If you have a mindset based on taking action then this episode that will inspire you. KEY TAKEAWAYS • Having attende...
May 26, 2019•36 min•Ep. 46
When you meet a potential investor for the first time as a property sourcer What do you say? In this episode, David is responding to a question from one of his mentees about hoe to successful navigate the initial meeting with a potential client. David provides invaluable detailed advice based on his extensive experience as a Property Sourcer, so tune in to find the answers that will ensure your initial meeting with a potential investor will be successful. KEY TAKEAWAYS For clients 1 to 10 make s...
May 19, 2019•26 min•Ep. 45
After a recent trip to a new development, and after several question from listeners on the theme, David takes this opportunity to talk about HMO (House Of Multiple Occupation) packaging; some of the things to look out for, and some of the tactics he employs to get the best out of the opportunity, as well as the people who will make this happen. As David points out, sometimes funding an HMO for an investor can be a “mysterious and opaque art”, but with David’s invaluable guidance, maybe the proce...
May 12, 2019•21 min•Ep. 44
Through his extensive work with up and coming property deal packagers, David has seen many fall by the wayside. Most begin with energy and enthusiasm, but once the initial burst of creativity and positivity has subsided, some just can’t seem to get going. What is it that stops people from applying what they’ve learned, and going out there to make some money for themselves? David has identified the main five reasons why prospective property entrepreneurs seem to fall at the first hurdle and offer...
May 05, 2019•40 min•Ep. 43
In this episode of the Property Sourcing Profits Podcast, David goes live and answers questions from the Progressive Community anything you want to know about property. If you want to learn more about finding investors, increasing your cash flow, selecting the right systems, or choosing the right property strategy in your area in the UK, then David already got you covered. There are more tips that you shouldn’t miss so make sure to tune in! KEY TAKEAWAYS Finding investors is essential when you w...
Apr 28, 2019•40 min•Ep. 42
In this very special live episode, David talks an audience through some practical methods of setting up their deal packaging empire. Take your seat for this exclusive insight into David’s methods, his book of contacts, and his advice for structuring your successful deal packaging business; from everything to registering your company name to choosing your own power team. KEY TAKEAWAYS Deal packaging is about people - We need to start recognising that we’re not in a property business. We are learn...
Apr 21, 2019•33 min•Ep. 41
In this episode, David wants to dispel a few myths about deal packaging, most notably that deal packaging is difficult or over complicated. It’s easy, simple and pleasant, and David genuinely believes that. In this episode, and in his own inimitable style, David will do everything he can to convince you of the truth, and of the reality in that statement. KEY TAKEAWAYS The relationship between investors should always be respectful and amicable on both sides. Working with people you like is everyt...
Apr 14, 2019•31 min•Ep. 40
In this special chat with finance expert and property investor Rob Holmes, David finds out about some of the strategies that have made him so successful, including valuable insights into some of his most ingenious deals, and what made them work. Rob is a supporter of using bridging loans in order to take the best advantage of property deals. In this episode, he explains why and gives personal examples of how they work & how they’ve worked for him. KEY TAKEAWAYS The importance of having a goo...
Apr 07, 2019•47 min•Ep. 39
It might be difficult to get your hand on those sought-after 10X Property Super Conference tickets, but no worries since David already got you covered! Today, David shares an exclusive opportunity for Property Sourcing Profits Podcast listeners out there. There will be specially numbered tickets that will be released EXCLUSIVELY for you! No need to worry now that you might miss the biggest property networking event. You will still get to listen to the world-class property investors Grant Cardone...
Mar 31, 2019•13 min•Ep. 38
‘You do not have to do it alone, if you’re not getting the results you need then find yourself a Mastermind Group and get into it’ In this episode, David explains the vital component that any deal packager should be making use of to grow their business. He takes on the those who say you can’t package a deal unless you know the strategy inside out and explains why this is wrong and what you should do if you want to make progress fast. KEY TAKEAWAYS People say deal packaging is not easy, you’ve go...
Mar 25, 2019•19 min•Ep. 37
In this episode, David offers detailed advice on how to find investors quickly. Using real life and current examples of deal packagers who need to find investors quickly, David explains why they are in this position and the step by step actions they need to take immediately to move forward. If you are a deal packager this podcast is a must, to help you build a positive profile and market yourself effectively, tune in now. KEY TAKEAWAYS How do you find investors? The quickest way to find investor...
Mar 18, 2019•24 min•Ep. 36
‘Surround yourself with the right people because one thing leads to another’ In this episode, David is in discussion with Toni Gargan, who with her partner has built a lucrative property portfolio and developed a successful career as a public speaker. Toni shares her journey and the importance of having the right support to secure rapid growth for your property portfolio. If you are wondering about how to begin in property investment then this inspirational podcast will tell you how and why you ...
Mar 11, 2019•29 min•Ep. 35
In this episode, David takes a deep dive into packaging SA for investors. He takes us through this complex area providing detailed information and advice based on his own extensive experience. If you are a deal packager this is a podcast you should be listening to, so that you can confidently add SA to your portfolio of offers for investors. KEY TAKEAWAYS Houses, not flats or apartments Houses are usually freehold whereas flats are usually leasehold. A leasehold usually doesn’t permit short term...
Mar 04, 2019•46 min•Ep. 34
In this episode, David shares his excitement about creating a deal package in coalition with another deal packager. He explains the advantages for everyone in approaching property packaging like this and how trusted packagers working together across different parts of the country can all be successful. KEY TAKEAWAYS Proverb - if you want to go quickly go alone if you want to go far go together If you work together you can go twice as quickly, twice as far. People believe that they won’t be able ...
Feb 25, 2019•17 min•Ep. 33
How can you work out if they are serious investors? In this episode, David provides detailed advice about how to make sure your potential investor is serious. He provides us with key questions and explains why they are vital to ensure you can build a positive relationship with your investor. Listen in now to find out the questions you should always ask KEY TAKEAWAYS It's important not to give up even when the circumstances are challenging. If you are persistent you will find someone who you can ...
Feb 18, 2019•29 min•Ep. 32
In this episode, David shares some invaluable information and advice for property investors at the start of their journey. Listen in to hear where and how you should be packaging deals and investing right now. KEY TAKEAWAYS Capital growth Capital growth makes you wealthy, and if you want capital growth you need to be investing in London and the South-East, there are some areas outside of this elsewhere in the country, but the property is at southern prices. There is a sweet spot in the Midlands ...
Feb 11, 2019•21 min•Ep. 31
GET YOURSELF A MENTOR DESCRIPTION ‘The value of mentorship is huge and the insights my mentors provide are incredible’ In this engaging episode, David compares his previous experience of business with no mentor to that of both being a mentee and more recently a mentor. If you want to find out about mentorship from all the different viewpoints listen in and David will share all. KEY TAKEAWAYS As a mentor, I have learnt there are 3 key things that any mentor needs to understand. People are Smart E...
Feb 04, 2019•21 min•Ep. 30
This highly informative episode explains gross investment and net income in a clear and concise way for all of us who are interested in property investment. David includes detailed examples so that anyone listening will be better informed and have a more in-depth understanding of how to calculate the key numbers. KEY TAKEAWAYS Property sourcing and deal packaging is a bespoke business where you are sourcing the specific requirements of a particular investor. It is about matching the numbers in o...
Jan 28, 2019•16 min•Ep. 29
Have you ever come across a distressed vendor? Have you ever considered what to do when you encounter a property owner who’s desperate to sell? In today’s episode of the Property Sourcing Profits podcast, your host David discusses how you can turn distressed vendors into motivated sellers and shares with you why it could be a good thing for your property sourcing business. KEY TAKEAWAYS Who is a distressed vendor? This is a vendor who desperately wants to sell. Distressed, motivated sellers, is ...
Jan 21, 2019•26 min•Ep. 28
Developing a garden is one way you can add value to your property. In this episode of Property Sourcing Profits Podcast, David lets you in on everything you need to know about in-filling or garden development. What David presents today is a real case study (with real numbers) from one of his mentee. He hopes that you learn from this perfect example and learn how you can add value to your property by exploring the benefits of building a garden. Discover also the things you should consider or look...
Jan 14, 2019•22 min•Ep. 27
Want to land on a deal as smooth as possible? Today on Property Sourcing Profits podcast, we learn directly from the expert, Kevin McDonnell. Kevin is a Serial Entrepreneur, Author, Property Investor and Public Speaker and is regarded as the foremost expert in the UK when it comes to creative property investment strategies. Our host David, together with Kevin, enacts a vendor-seller purchase – from the phone calls to the in-house meeting to actually landing the deal. The episode is divided into ...
Jan 07, 2019•45 min•Ep. 26
Shops and retail space is one of the most exciting opportunities for property investors and deal packagers, in 2019. It doesn’t matter where you live or where you invest, SHOP-ping is the property strategy that can be deployed anywhere. Tune in to hear David explain where to invest and how to locate the secondary and tertiary positions that are perfect for investment. The retail industry is in disarray and you and your investors can profit by targeting shops, retail space and lock-ups in the ex-...
Dec 17, 2018•20 min•Ep. 25
