Undercover Finance Expert Exposes the Shocking Downfall of UK & the Housing Market Crash

[@I_luv_my_fans]

“The Richest Man in Babylon”. A good read for anyone scratching their heads on how to get started in building wealth.

[@StephanieLister]

i read that book 10 years ago and still my favourite along side think and grow rich

[@kylejames5121]

Love the book such an easy concept but so effective

[@elliott872]

Ah yeah?

[@bob343434354]

Robert, you once said to me "so who should i interview then?" and the answer is ironically, your former business partner, this stuff is gold, load of good stuff here

[@StephanieLister]

Mark is so good at what he does

[@anamartinez-fernandez804]

I have always liked listening to Mark. Ever since 2011

[@StephanieLister]

me too lol

[@MrCraigShepheard]

I love learning more about the differences between Mark and Rob but also how those differences compliment each other. Great interview.

[@StephanieLister]

They make a good pair and compliment each other

[@johntheaccountant5594]

If you are not wealthy, you are better off buying your home using a Limited Company. Drawback is that you will have to pay the 3% stamp duty on the purchase price. The advantage is that if you are made unemployed, Universal Credit/Housing Benefit will pay your rent. When you sell the property, the buyer is purchasing the company and not the house so no stamp duty has to be paid.

[@StephanieLister]

stamp duty DOES have to paid but not stamp duty land tax, but its 0.5% on shares

[@derekathomson]

If you're Muslim, you don't have to pay stamp duty at all. Tony Blair brought in that rule. True fact.

[@johntheaccountant5594]

@@StephanieLister Not if the shares are worth less than £1,000

[@elliott872]

I like that

[@elliott872]

​@@derekathomson True? Any links or do I need to find that meself Respect

[@melodywhelden170]

Lol it got me to buy a condemned 1860 Victorian and just learn how to sheetrock 😂 build and basic fixing things. Learned alot

[@marcuscook37]

Very insightful it confirms I think like a successful property entrepreneur, I just haven't quite got there yet.

[@StephanieLister]

you will do keep at it

[@Dee-vp1pn]

Brilliant, thanks. Marks interesting you should have him on more often

[@StephanieLister]

hes very good

[@peter4health]

Mark brings a level of thought that is refreshing in this space. He also considers his answers, instead of giving off the cuff ready-made answers. A good combination. Thank you for posting for us to enjoy, This also reflects their working relationship.

[@StephanieLister]

amen to that!

[@colincameron5012]

I really enjoyed this session

[@Castlebahun]

Totally agree with the guest. Great conversation and thank you for shading light and truth on those topics.

[@StephanieLister]

very good topics discussed

[@melodywhelden170]

I try to keep things on the edge of approvals for ssi and medical insurance and maybe fuel assistance. If bump up income I loose those and will cost me by not getting that bit of help.

[@danhollins935]

First time I've heard or seen Mark. Awesome interview! Keep doing what you do, love the content, particularly around mindset for entrepreneurs. Thank you 🙏

[@StephanieLister]

Mark is underrated as he hates social media, he should do a lot of it

[@johntheaccountant5594]

Listening to this it appears that rent is going up a lot. This means that the government is going to have massive increase in costs of paying Housing Benefits especially as more and more jobs go due to AI in the future.

[@chrishart8548]

But the government pays that extra cost with our taxes. Social housing would actually save the government money. But many people in government are private landlords. And also a lot of people in the UK don't want house prices to fall.

[@johntheaccountant5594]

@@chrishart8548 The government is running a massive deficit; i.e. spending more out in state benefits and civil servants etc than the taxes coming in and that deficit is getting bigger and bigger.

[@geo_neo9]

No its not that which controls us its the subconscious inner FEAR. Fear is pushed onto us by family, media, from television etc. FEAR OR LOVE are our foundational emotions. What we act or react from. Negativity or positivity.

[@elliott872]

I like that

[@khurram4589]

The way to end inflation is to end the counterfeiting. Money creation without product creation is inflation. Make investments to survive.

[@user-fq2cf6xf2s]

I hear he also teaches how to make gold from your own ear wax and provides a diet plan which has you literally sh**ing diamonds!

[@dannythomas1074]

very interesting content

[@Mark-Watson]

Great interview , always love to hear Marks point of view .

[@StephanieLister]

he's very analytical

[@melodywhelden170]

Lol is it cheap junk furniture lol I buy at estate sales or at thrifty stores and repair or whatever and get compliments all the time on my decorative collective rooms. And I also rent 2 rooms out as weekly rental helps alot when tourists are down.

[@tadantoniak7121]

I've been a landlord with a very small portfolio and absolutely HATED it. Messy, debt laden, terrible tenants. I would rather stick my money into Vanguard and make the 7,8,9% without any hassle.

[@StephanieLister]

that interesting, perhaps the wrong tenants were chose?

[@MM-lx4zh]

Have you considered airbnb ?

[@elliott872]

How's it all going

[@VainakhQuranites]

You only bought yourself a job. You want to be in the position to buy a portfolio that runs without you.

[@melodywhelden170]

You guys crack me up be so much fun working with guys like you. 😂 to bad we in different countries

[@StephanieLister]

they are literally so funny!

[@michaeljohnson1006]

I you think about it, the Tennants are paying the banks the extra interest that the landlords with the mortgages are having to pay. So if they have a mortgage for 150k then they are paying an extra 4% so thats £6000

[@allisoncleeve6419]

Great talk , Rob and Mark !

[@StephanieLister]

amen and agree to this

[@theforexcodes8133]

Great video guys😊

[@StephanieLister]

Mark is so knowledgable

[@711BettyBoop]

I just have to point out that this guy looks a cross between Peter Jones and Arg from TOWIE.

[@gregmurphy2691]

Spot on!😂

[@eleanoramaniganni3554]

I was thinking Alan partridge aka Steve Coogan 😂

[@emilgemc8913]

my question is what about using credit card money on a financial market how that seems?🤔

[@elliott872]

There are people who used credit cards to buy buildings

[@LiftOffLife]

If you pay property tax you do not own your own house, you pay the government to use it. Why? Because see how fast your property is dispossessed if you don't pay thier property tax.

[@StephanieLister]

most likely with anything, even if you don't own your home, if you don't pay a debt, they can seize and sell any goods of value

[@nikbassi3608]

I wonder what would happen if told planning departments they must be self funded. We paid planning departments extra for successeful planning permissions, less for applications. And a small Nimby fee for objections.😊

[@markwalters2927]

Great interview. Great work. I'd like to see a monthly catch-up interview exactly like this - Rob interviewing Mark Homer. Or at least once a quarter. Everything Mark Homer says is spot on, insightful, interesting and informative. Q: Why is Mark Homer's name not in the title? That would make it searchable for Mark Homer fans.

[@StephanieLister]

He likes to keep low-key

[@Thefacepaintguy2]

Great podcast as always

[@StephanieLister]

a different kind of podcast but it was great

[@r5gtturbo197]

It’s a strange thing watching 2 multimillionaires talk about money and WANTING MORE MONEY 😲 whilst I’m working my arse off just keeping my head above water , glad I’m in a fixed rate mortgage though

[@jp9412]

nothing stopping you from building a business

[@r5gtturbo197]

@@jp9412 I have my own business but there’s not enough money in it, basically I messed up 20 years ago by learning a trade that takes up most of your time , for very little return , when I should have got into property where the real money is ! I need a Time Machine

[@StephanieLister]

if you want it bad enough you will find a way, if not, you will find an excuse

[@elliott872]

Keep at it

[@melodywhelden170]

I drive a 18 Buick wagon so at least that even though payments stink.

[@Jstewart86]

BlackRock also owns a portion of Lloyds bank

[@MrCraigShepheard]

Another housing minister was sacked today in Rishi Sunak’s reshuffle

[@StephanieLister]

how many is that, over 15 now?

[@melodywhelden170]

I wish lender's would be more creative with people trying to run a home-based income 😕

[@iainsmall9748]

Fantastic talk!

[@StephanieLister]

very insightful

[@davidc4408]

Real estate is too much of a headache. Just buy a liquid REITs. I like Mark, smart and gives good answers

[@ioannisimansola7115]

This is no surprise !

[@dickieblench5001]

52:33 Steven Bartlett disagrees

[@michaeljohnson1006]

I like marks style

[@RichGarrison]

Does anybody know this guys full name please and what he does before I start?

[@StephanieLister]

Mark Homer

[@elliott872]

​@@StephanieLister You've commented a lot 😅👍

[@JaySmurkzTV]

My 5000th youtube liked video and fitting. Knew about Rob already but this guest was so informative!!

[@JR-wu1fg]

Who is this guy? Oh Rob's 'Partner' 🙂

[@StephanieLister]

yes mark homer

[@melodywhelden170]

If I sign up for uber would help pay car loan lol. But takes out tires and wear

[@melodywhelden170]

Car loan 4.50 on 18 Buick

[@jamiejones642]

How bad is this crash gonna be then 😮

[@StephanieLister]

maybe 20-25%

[@jamiejones642]

@@StephanieLister 🤣 I'm hopeful for a lot more than that considering they are down 15% in my area already

[@nikbassi3608]

😂 Put planning officers on a basic salary. Definately pay planning officers a commission on all the planning permissions they passed.

[@jayc342009]

Houses should not be used as investment, people need to live in houses. So many young people growing up now will never be able to afford their own home, ever. Thanks to greedy banks, politicians and rich people. With how low our birthrates are hopefully there will be a crash in the housing market.

[@robhulme1479]

So who do people rent off while saving up for the deposit on their future house? There needs to be somewhere for people to live until they can afford a deposit surely? Unless they stay at home with mummy and daddy until they’re 30/35

[@StephanieLister]

i think that's the most silly comment I've ever heard.

[@jayc342009]

@@StephanieLister why not add some context?

[@jayc342009]

@@robhulme1479 i never said anything against renting? The problem is the extortionate amount rent is, it's a joke.

[@CrazyState1]

With that logic, supermarkets should give out their food for free or at cost and we should all just for free....oh wait, we tried that last century. It's called communism and it DOESN'T work!

[@projectresonate5142]

It will be even worse than the great depression.like nothing we have ever seen.

[@StephanieLister]

great for contrarians

[@elliott872]

​@@StephanieListerWhats a contrarian

[@kerrywills8715]

How about section 24 ?

[@StephanieLister]

what about it? its a con by the government apparently it was invented by a 19-year old student!

[@catiq7246]

Whats that?

[@TheDomainNameGuy]

People who can’t buy a house cash Or who can’t get a mortgage Or who can’t save a deposit to get a mortgage Used to have no choice but to pay a landlord rent for 50+ years But now People are now choosing to live in their car which they own and live like a truck driver tramper eg just park up in a layby to get 5 or 6 hours sleep in their car which costs them nothing etc Lots of videos on youtube by people living in their cars making youtube videos of how they live in their car etc Rent keeps going up faster than those on minimum wage goes up 1200 a month renting from a private landlord etc a person can rent a room in a Travelodge or premier Inn for 1200 ish a month which includes a daily room cleaner which a tenant doesn't get if renting from a landlord etc

[@amanimansour9551]

.

[@BLUEY-il3dx]

Trouble is I like people making money and doing well for themselves but robbing the lowest of the low by keeping rent up high even though they got a house for cheap. I have no respect for. We should be helping the lowest to succeed. The way we or shall I say YOU lot think is nuts. WE should be together not alone. Happiness is peace and that brings love and joy. No wonder we are in constant war. Nice bloke don't get me wrong but he's..

[@StephanieLister]

basic finance 101! do you expect train fares to be 20p like they were in 1960's even though wages have gone up massively in that period? same principle bud

[@BLUEY-il3dx]

@@StephanieLister I understand what your saying 👍 but I still think it's wrong to put prices up on the lowest of the low. There's more struggling now than ever before. If you buy a house there should be a limit of how many houses your aloud and a limit on the rent payments for tenants. It's just robbery. No wonder there are more poor going homeless. There's more suicides now than ever before more knife crimes than ever before. Something needs to change

[@Ruthie_123]

As a renter in london - i don't class myself as the lowest of the low - harsh term ! I do agree with the sentiment that society values the homeowner and these two knowledgeable men are cashing in and encouraging others to do so to the cost of non homeowners. Money will always split and divide humanity and turn against each other , not caring because hey thats not my problem ! The Gov has a responsibility to not create the perfect environment that encourages poor humanitarian choices . Until we get a government that's not driven by ego this will continue to play out . Making life better for yourself is great , at the cost of others is not .

[@BLUEY-il3dx]

@@Ruthie_123 👌

[@vlads.1]

Rising rent was about exploiting tenants. This guys arrogance is unreal

[@CrazyState1]

Your ignorance is unreal.

[@MrJeeves007]

But he didn't say that did he. He highlighted that raising taxes on landlords naturally leads to higher rent. And also said the government say one thing but do the other and never build enough houses to avoid housing decreasing or crashing e.g. The government are the ones to blame,

[@vlads.1]

@@MrJeeves007 he said the land lords are paying the tax and putting it on the tenants. What I’m saying is was land lords were ripping or renters when covid hit with higher rent.

[@cking989]

So should landlords fit the bill for higher interest rates while the tenant lives in their property?

[@StephanieLister]

such a dumb statement, they should be glad and happy the landlord is letting them live in their house, otherwise tenants can stay on the street, save every penny and buy a house themselves, oh wait, they can't, they need a landlord and ill bash the landlord for charging market rent

[@LionPaw.Rastafan]

landlords are morally bankrupt. exploiting the poor and the misfortunate to pay full mortgage + expenses so you can cream it in marbella is worse than mugging people.

[@StephanieLister]

that's one of the dumbest things anyone can ever say. i suppose the same thing is right for your mortgage lender, and the petrol and the food prices?

[@almurabitun]

The reason rents are so high is because these guys will purchase properties on interest only mortgages with extortionate interest rates on their mortgages so they milk it.

[@ameronline3228]

Love hearing from Mark and his wealth of experience and knowledge he has as being a pp club member as well as Rob.team member. Always Learning From the Best. #AmerOnline #ops4u #iDealBiz #NeverGiveIn