In this episode, I'll be giving you a business update, sharing exactly what's been happening in my businesses over the last couple of months. It's been a busy period with lots going on. If you're interested in how I'm developing my property businesses, what's going well, and what challenges I've encountered, then stick around. Relax and enjoy this episode of the HMO Podcast. - Please leave us a quick review on Apple Podcasts or Spotify if you find this episode useful. Got any questions? Ask us i...
Jul 24, 2024•32 min•Ep. 266
The Labour Party is in power, but what does this mean for property investors across the UK? More specifically, how will it impact HMO property investors like you and me? In this episode, I'll walk you through some of the key mandates and policies that will affect the property market. We'll cover tenant protections, potential changes to stamp duty, Labour's house-building ambitions, home buying aspirations, sustainable development programs, possible tax changes, and the overall investment uncerta...
Jul 17, 2024•36 min•Ep. 265
In this episode, we're doing something a bit different. I'm not the interviewer today; I'm the interviewee. Neil Gibb , a fellow HMO investor based in Australia, wanted to find out what it has taken for me to build my property businesses. I'll be sharing the ups, the downs, and everything in between with Neil and, of course, with you. If you want to know what it took to go from being a full-time physio in 2010 to running several multi-million-pound property businesses now, make sure you stick ar...
Jul 10, 2024•48 min•Ep. 264
In this episode, I'm joined by Ben Beadle, Chief Executive of the NRLA (National Residential Landlords Association), representing over 100,000 landlords across England and Wales. With 20 years of experience as a landlord and senior roles at Places for People and TDS, Ben is a prominent figure in the housing sector and media. In this insightful conversation, we’ll cover: The challenges and opportunities in the private rented sector. The role of private landlords in the housing crisis and the need...
Jul 03, 2024•38 min•Ep. 263
In this episode, I’m thrilled to welcome Alex Babouris to the show. Alex is the Founder and Partner of Babouris Living , a multi-award-winning, fully integrated investment platform specialising in Cambridge property. In this conversation, we’ll cover the following: The vital role of effective HMO management The hurdles and rewards of building a successful agency The perks of rent-to-rent deals for expanding your portfolio How to create a standout customer experience and boost community engagemen...
Jun 26, 2024•42 min•Ep. 262
In this episode, I’ll share my goal of making a net income of £10,000 per month from investing in HMOs and discuss the importance of understanding your financial targets and the necessary actions to reach them. I will break down this goal into simple, actionable steps and highlight why creating equity is crucial for building a successful property business. Plus, I’ll offer an easy exercise to calculate the equity you need and discuss various strategies to add value and create equity in HMO prope...
Jun 19, 2024•24 min•Ep. 261
In this episode, I'm chatting with Milly Bellotti from @postingproperty. Milly really knows her stuff when it comes to using social media, especially for property businesses. She talked about her journey, starting from working at big companies in social media to starting her own property business and helping others in the property industry. Milly stressed the importance of being yourself on social media. She explained how being genuine can help people trust you and want to invest with you. We al...
Jun 12, 2024•49 min•Ep. 260
In this episode, we're going to be discussing mentorship in the property industry. What is property mentorship? Could it help you boost your results? Or is the whole thing a big scam? We’re going to answer these questions and find out what property mentorship is about and why there are so many out there offering property mentorship. Plus, we're going to talk about the pros and cons, to help you decide whether or not property mentorship is right for you or not. If you found yourself at a crossroa...
Jun 05, 2024•42 min•Ep. 259
In today's episode, I'm joined by Andrew and Mary, our expert architects and official partners of The HMO community and The HMO Roadmap. We'll be discussing the government's proposed changes to some of the permitted development rights that we, as HMO investors, can take advantage of. These proposals represent some of the most exciting changes in the property market right now. For all HMO investors, there's a significant opportunity to do more and do it better. If you want to learn about these pr...
May 29, 2024•35 min•Ep. 258
In this episode, I’m diving into the hot topic of the renter's reform bill and bringing you the latest updates on its progress. We’ll break down the proposed amendments and explore what they mean for landlords, especially those of us who own HMO properties. Some of the headline changes include scrapping Section 21 (no-fault evictions), getting rid of fixed-term tenancies, and introducing new rights for tenants to request pets. Plus, I’ll cover the revamped Section 8, detailing the grounds for po...
May 22, 2024•30 min•Ep. 257
In this episode, Ellie Broadhurst, our expert mortgage broker, and I discuss what's happening in the property market right now. We look into the talk about a possible big crash coming up. We break down all the different things going on - like what banks are doing, how properties are being valued, how many sales are actually happening, and whether we should be worried about a crash. Plus, we talk about what we can actually do with all the available data out there. So, if you're interested in hear...
May 15, 2024•29 min•Ep. 256
In this episode, I’ll give an update on my property business and talk about what's been happening over the past five to six weeks. I’ll share details about a new team member I've hired, the progress on my development projects, the upcoming student changeover period, and my plans to renovate one of my HMOs. I’ll also discuss how my businesses are performing financially and focus on ways to improve efficiency and increase income. - Please leave us a quick review on Apple Podcasts or Spotify if you...
May 08, 2024•33 min•Ep. 255
In this episode, I'm going to address the question I receive most frequently and see discussed often in the community: What is the best location for investing in HMOs? The best location to invest in HMOs is different for every investor and depends on their individual goals, resources, risk profile, and experience. In this episode, I'll provide a definitive answer that might surprise you. Stay tuned to find out. Please leave us a quick review on Apple Podcasts or Spotify if you find this episode ...
May 01, 2024•27 min•Ep. 254
If I were to ask you what enables some people to build successful property businesses, what would you say? Perhaps they bought at the right time, knew the right people, or purchased properties at the right price and added significant value, consistently. While I agree with these factors, my experience over 15 years in the industry has shown me there's much more to building a truly successful property business. I've met many great people, some of whom have established incredible property business...
Apr 24, 2024•39 min•Ep. 253
In this episode, I'm glad to have Vann Vogstad back to chat about the HMO industry with me. Vann co-founded COHO, a software company that helps HMO investors and tenants manage their properties. We'll be covering: Vann's goal of making property management easier for everyone The tough parts of running HMOs Why building communities and sharing info matters Improving the reputation of HMOs The reason behind organising The HMO Awards Tips for getting tenants What's next for the HMO market Join us a...
Apr 17, 2024•45 min•Ep. 252
In this episode, I’m going to answer the question of whether it's too late to invest in HMOs. I’m going to address concerns about property values, interest rates, competition, access to finance, restrictive planning permissions, and legislation. I’m going to discuss the importance of taking a long-term view, building knowledge and skills to navigate the HMO market, and briefly talk about the new homes crisis and the growing popularity of co-living. Please leave us a quick review on Apple Podcast...
Apr 10, 2024•38 min•Ep. 251
If you believe that rent to rent is solely for those with limited capital, unable to purchase properties, you're mistaken. While it's indeed a fantastic approach for individuals with limited resources, it offers benefits beyond just that. It serves as a gateway to enter the market, build cash flow, experience, networking, and various other advantages. However, if you're already managing an HMO property business, having closed deals and established your presence in the industry, you likely grasp ...
Apr 03, 2024•19 min•Ep. 250
In this episode, I'll provide you with a business update and share my thoughts on the current economic outlook. I'll touch on the progress and challenges in my commercial-to-residential projects, my efforts in finding new HMO properties and I'll also discuss the upcoming Rent-to-Rent Discovery Day. Join our inaugural R2R Discovery Day on April 6th 2024 in Manchester. Get your tickets here. - Please leave us a quick review on Apple Podcasts or Spotify if you find this episode useful. Got any ques...
Mar 27, 2024•24 min•Ep. 249
In this episode, I'm excited to welcome back our expert broker, Ellie Broadhurst, as we talk about bridge lending. Specifically, we'll be focusing on bridge lending for converting existing residential properties into HMOs. Ellie brings a wealth of knowledge to the table, particularly in the HMO space, with strong relationships with lenders offering these specialised products. Throughout our discussion, Ellie will shed light on the following topics, including: The misconceptions and fears surroun...
Mar 20, 2024•44 min•Ep. 248
In this episode, I'm joined by a special guest, Olivia Maher. Alongside her partner, Joe, they co-founded Cosi, winning Best Master Lease Operator and Best Rent-to-Rent Operator at the inaugural HMO Awards. Over the last four years, they've built the fastest-growing Rent-to-Rent HMO agency in the country. We'll discuss the details of their successful rent-to-rent business, including: The lessons they learned from their first deal The importance of building relationships with landlords and agents...
Mar 13, 2024•52 min•Ep. 247
In today's episode, I'll be talking about one of my favourite strategies – rent-to-rent. If you've been a long-time listener or have been following my journey, you'll understand why I hold a soft spot for rent-to-rent. It's notably less capital-intensive compared to the process of purchasing, acquiring, and refurbishing your own HMOs. These are, of course, distinct models of wealth creation, but if your goal is to build your owned portfolio, then rent-to-rent can serve as an excellent starting p...
Mar 06, 2024•41 min•Ep. 246
For a lot of people, building a HMO business is potentially a gateway to doing bigger and more profitable and more exciting projects. If you've been following me on social media, you've probably seen the commercial to residential projects that I do outside of my interests in the HMO market. So in this episode, I would like to share with you: The differences between HMOs and commercial to residential projects The pros and cons involved in commercial to residential projects Why I wouldn’t do this ...
Feb 28, 2024•37 min•Ep. 245
In this episode, I want to share with you how I view my long-term goal. We regularly discuss the importance of setting goals on the show, but usually in the context of a 12-month timeframe. This time, I want to talk about long-term goals—like 10, 20, and 30 years—and this 40 Million Pound figure is part of that long-term plan. I’ll share with you how I reverse engineer my financial goals so I can plan to achieve them. Please leave us a quick review on Apple Podcasts or Spotify if you find this e...
Feb 21, 2024•18 min•Ep. 244
In today's episode, I'm joined by Tom Charrier. Tom is one half of Fat Properties and, together with his wife Philippa, has been building an incredible business of HMOs and other properties in Lancaster. We're going to find out exactly how they built their portfolio and how they're bucking the trend in the student market. In this conversation, Tom and I discuss: His background and how he got started in property investing How he transitioned from his day job to full-time property His investment c...
Feb 14, 2024•47 min•Ep. 243
In this episode, I want to provide you with a business update and share some insights. I've found these episodes to be not only a way to hold myself accountable but also an opportunity to offer you a glimpse into the reality of running a property business behind the scenes. Recording podcasts about building property businesses is just one aspect; in reality, I'm actively involved in it every single day. The month of January has posed significant challenges for me. In this episode, I'll tell you ...
Feb 07, 2024•23 min•Ep. 242
In this episode, we're getting real about property makeovers and exploring how they can significantly enhance the value of your HMOs. While large budgets may make it easier to boost a property's worth, not everyone is willing to invest six figures in refurbishments. So, I'll guide you through the intricacies of effectively increasing your property's value without breaking the bank – think budgets of £25,000 or less. Whether your property is already in prime condition, you're working with a tight...
Jan 31, 2024•36 min•Ep. 241
In today's episode, I'll discuss six essential clues for identifying highly profitable deals. While these ideas may not be new, they often go overlooked. Despite being aware of them, many fail to actively incorporate them into their deal analysis. These clues, like breadcrumbs, can lead you to the best deals in the market. Throughout this episode, I'll explain why these indicators matter and share my experience of spotting them in successful deals. To build a supply of lucrative opportunities, i...
Jan 24, 2024•25 min•Ep. 240
As a property investor, it's crucial to consider factors such as inflation, interest rates, property values, and upcoming legislation—all of which are poised to impact our businesses and results. In this episode, I’m going to share my thoughts on where I think property values, interest rates, and many other factors that will affect you and me as HMO property investors will end up across the year. Please leave us a quick review on Apple Podcasts or Spotify if you find this episode useful. Got any...
Jan 17, 2024•22 min•Ep. 239
The biggest limitation to building a property business is a lack of capital. Unfortunately, for many of us, myself included, we're not born into a world of trust funds and millions of pounds in our back pockets. That means we have to save and work really hard to gather the cash needed to buy the properties we want. Once we've got it, we put it to work, recycle it through a project, and then we can go again. The issue with that process is its slow pace. However, what if I told you there was a way...
Jan 10, 2024•32 min•Ep. 238
2024 could be the year you're thinking, 'Well, I need to be more profitable. I want to find solutions to grow. I want to reset my business and do things differently.' Today's episode is for all of you because it's going to help you navigate where to get started, especially if you really want to make a big impact and change things in 2024. So, what I'm going to do today is pick out seven episodes that I think will help you more than any other to get started in 2024. These will serve as your roadm...
Jan 03, 2024•22 min•Ep. 237
