30 Step Process to agreeing an HMO builder
So you’ve bought a building ready to convert into an HMO. Congratulations, these are exciting times particularly if you are pleased you got the building for a good price. The next step, however, is critical to making the overall project a success. If you nail the quality of the refurb and bring in the costs […]
Article 4 Crack down: Latest 5 UK Cities restricting HMO Developments
HMOs are becoming harder to develop across the UK and whilst that may seem like a challenge for HMO landlords it does present opportunities and increased equity potential. Today we explore 5 cities in the UK that are cracking down on HMO developments. Let’s dive in. New Article 4 Limitations in Coventry Coventry’s local […]
Being An HMO Owner During the Covid-19 Pandemic
During this pandemic, owning a House in Multiple Occupation (HMO) comes with a range of issues and concerns. Your primary focus will need to be on keeping your business afloat and stable using the right steps and appropriate actions. Cashflow management has become a key factor in making sure HMOs can continue providing quality accommodation […]
Some Dos and Don’ts of HMO Investment
Investing in HMOs can be a great idea as long as you do your homework. If you can avoid making mistakes you are going to make a lot more money and cut out a lot more risk when it comes to your investment. Don’t rush – investment is a marathon, not a sprint. Do get […]
Finding Great Properties to Invest In
Finding a property to invest in is easy. Finding a great property with a good return isn’t as easy but it’s not impossible. You have to be smart about it and do your homework. You need to evaluate potential investment properties in order to minimise the risk of making a bad investment and maximise the […]
Converting to an HMO
A lot of property investors are turning to HMOs as they consider them a more efficient way to run a rental portfolio. Although there may be more work to do, the opportunity to collect rent from a higher number of tenants and a potential higher rental yield is appealing. What’s more, certain properties and locations […]