As we start the New Year you might be wondering about investing in HMOs for high cashflow and longterm wealth. I wouldn’t blame you! I’m planning on doing exactly the same, and this year we have a number of exciting HMO projects lined up. It took me just two and a half years to create […]
Here are five tips to creating your successful HMO business that will give you the income and financial security you need. Before we delve into those lets recap on what an HMO (Houses of Multiple Occupancy) property is: simply it’s a house occupied by 3 or more unrelated people who share common facilities like a […]
I love H.M.O’s (Houses of Multiple Occupancy or Multi-let) because they are the foundation of so many other property strategies and they will make you the most profit for the least amount of effort. An HMO is simply a house occupied by 3 or more unrelated people who share common facilities like a kitchen or […]
Should you rent to university students? With all due respect to university students, the thought of trusting a group of them with your property might at first feel like trusting a chimp with your BMW. The ex-students among us know what the student populace was like when they were first set free of their family […]
Stamp Duty Land Tax (‘SDLT’) and its predecessor Stamp Duty have been with us for a long time as an additional tax burden on any purchase of property (whether as an investment, trade or for personal use). However, from 1 April 2016, anyone who already owns a residential property will pay additional SDLT on the […]
I recently had an enlightening conversation with Peter Jones, who is a successful chartered surveyor, author, and property teacher. The most properties Peter has completed in a single year is an impressive 35, and during his career he has bought 3 portfolios, two of which he flipped, and always reinvests. His 70 properties make him […]
Sometimes when you’re reading online, you don’t want to dig through reams of words to get to the point – you just want a bullet-point breakdown of the most important, essential things to consider. This is going to be another eventful year in commercial property investment, particularly in the wake of the Housing White Paper […]
The government has admitted that the planning system is broken, and it has been accepted that we aren’t building enough houses since the Barker report in 2003. There is a significant shortfall in housing completion each year, with about 150,000 being completed annually when we would ideally be seeing more like 250,000. This shortfall has […]
We get asked frequently for top tips on what to focus on when investing in HMOs. I have put together 7 top HMO tips which will make sure you fill your rooms with the right tenants and receive the best investment returns. 1.Size matters As a minimum you should focus on having 5 tenants or […]
There are many strategies available to create wealth from property & it can be quite confusing to find which strategy or finance options is right for you especially if you’re just starting out. One of the great things about using property as a vehicle to achieve your goals and desires is you can tailor it […]
It may be last orders for some, but savvy property investors are discovering they can make lucrative returns from converting pubs in to residential property. Many public houses across the country are calling time creating the perfect opportunity for investors to acquire stock significantly below market value because many pub companies are selling off stock […]
Jim ‘HMO Daddy’ Haliburton bought his first property in the noughties and gave up his job as a law lecturer to go full time into landlording in 2004. He currently owns 160 properties in the West Midlands and is currently buying at least one property per month. He quit his run-of-the-mill job and instead made […]
