The Property Podcast

TPP422: How to HMO

Informações:

Sinopsis

This week we’re taking a look at how to win with a HMO strategy Ususally when you choose a HMO strategy you need to invest pretty close to home as it can be quite a hands on strategy.   But that’s not a problem for today’s guest, Tim.  Tim invests in student HMO properties 300 miles away from his hometown. And, he does absolutely everything himself.  Here’s what to expect on this week’s property podcast episode HMO strategies are becoming more popular and we often get questions on the best way to execute them.   If you’re not familiar with what a HMO is, it stands for House in Multiple Occupancy. So basically where you rent the rooms out individually and have shared communal areas like the living room and kitchen.   The reason they’re so popular is that they’re on the high end of the cash spectrum and the yields can be very attractive. But they’re also on the high end of the effort spectrum.   So, today we’re talking to Tim who’s been investing in property since 2017 and his portfolio consists of five