The HMO Experience Property Podcast

1. Join us The HMO Experience Property Clubroom on Clubhouse every Monday AND Tuesday at 1pm (https://www.joinclubhouse.com/)
   
2. Join Matt + Steve for The HMO Diaries on The HMO Experience Property Podcast Facebook page every Monday at 5.15pm (https://www.facebook.com/thehmoexperiencepropertypodcast)
   

RESOURCES

1. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
   
2. Sign up for The HMO Handbook - weekly hacks and tips for starting and scaling your HMO Property Business (www.thehmoexperience.co.uk/subscribe)
   

THIS FIVE MINUTE FRIDAY is a bitesize recap of episode 9 of The HMO Experience Property Podcast called You NEED TO do this to get your Offer Accepted or a HMO Property!, including the main discussion points and key takeaways from the episode.

Interested in a deeper dive? Listen to the full episode of The HMO Experience Property Podcast right here - https://open.spotify.com/episode/5ngWYlJYGcHJg8nLOxNoVD?si=d86KjT_yQSCJBySW-CP2YA

If you enjoyed this Five Minute Friday, don’t forget to subscribe & share The HMO Experience Property Podcast for new episodes every Monday!

Make sure you rate & review the podcast HERE :)

JOIN THE HMO EXPERIENCE FACEBOOK COMMUNITY

► https://www.facebook.com/groups/ThePropertyandHMOForum/

CONNECT WITH THE HOST

Matt Harris - https://linktr.ee/iammattharris

• The HMO Experience Property Podcast Facebook page - https://www.facebook.com/thehmoexperiencepropertypodcast
  
• The HMO Experience Property Podcast YouTube channel - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
  
• The Property + HMO Forum on Facebook - https://www.facebook.com/groups/ThePropertyandHMOForum/
  

In this week's edition of The HMO Diaries with Matt [MiRentCo, London] and Steve [Vivoco Lettings & Management, Northampton + Bedford] chat about blowing up the body of a snake if cutting its head off doesn't (aka breaking up a house party and disciplining the perpetrator), Universal Credit housemates and rent arrears grants available, what weed smells like and how to solve the problem of a smoking housemate and SpareRoom activity.

Like + Follow The HMO Experience Property Podcast on Facebook and subscribe on YouTube to receive regular weekly notifications when we're live so you can join the conversation and get your questions answered!

DOWNLOAD FREE RESOURCES RIGHT HERE - http://www.thehmoexperience.co.uk/resources-page

Don't forget to SUBSCRIBE to our weekly newsletter, The HMO Handbook, for weekly hacks and tips - https://www.thehmoexperience.co.uk/subscribe

Join us at The HMO Experience Property Clubroom on Clubhouse every Monday AND TUESDAY at 1pm (https://www.joinclubhouse.com/)

CONNECT WITH THE HOSTS

Matt Harris - https://linktr.ee/iammattharris

Steve Mitchell - https://www.facebook.com/steve.mitchell.9843

1. Join us The HMO Experience Property Clubroom on Clubhouse every Monday AND Tuesday at 1pm (https://www.joinclubhouse.com/)
   
2. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
   
3. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
   
4. Buy Jamie’s new book, “The HMO Blueprint” on Amazon TODAY! (https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp)
   

IN THIS EPISODE

Your host Steve Mitchell chats with Josh Guest from Guest Homes to talk about his latest HMO project which he secured via a Lease Option direct from a landlord.

To find out how Josh did this make sure you check out this episode of The HMO Experience Property Podcast and don’t miss out on his golden nuggets at the end of the episode!

EPISODE HIGHLIGHTS

Introduction [00:00 - 03:35]

Diversification [03:35 - 08:22]

Finding The Opportunity [08:22 - 13:30]

Structuring The Lease Option [13:30 - 18:45]

Bringing In The A-Team [18:45 -  29:30]

HMO v Serviced Accommodation Set Up [29:30 - 35:57]

The Golden Nuggets [35:57 - 43:03]

KEY TAKEAWAYS

1. To find opportunities you have to put yourself out there with your marketing and networking. Deals very rarely come looking for you
   
2. Lease options could be a great way in a rising market to consider purchase lease options
   
3. Ensure you have a bespoke contract created for you as opposed to “borrowing” one from someone else
   
4. Knowing what exactly you want to do with the property before you secure it will speed the process along
   
5. Get educated so you know what you’re doing and network as much as you can.

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

Make sure you rate & review the podcast HERE - thank you :)

ABOUT OUR GUEST

Josh Guest – Guest Homes

Contact: 01905 347469

www.guesthomes.co.uk

CONNECT WITH THE HMO EXPERIENCE

• Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
  
• Follow Us on Facebook - https://www.facebook.com/thehmoexperiencepropertypodcast
  
• Join our Facebook Community - https://www.facebook.com/groups/ThePropertyandHMOForum/

CONNECT WITH THE HOSTS

Steve Mitchell - https://www.facebook.com/vivocolettings

1. Join us The HMO Experience Property Clubroom on Clubhouse every Monday AND Tuesday at 1pm (https://www.joinclubhouse.com/)
   
2. Join Matt + Steve for The HMO Diaries on The HMO Experience Property Podcast Facebook page every Monday at 5.15pm (https://www.facebook.com/thehmoexperiencepropertypodcast)
   

RESOURCES

1. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
   
2. Sign up for The HMO Handbook - weekly hacks and tips for starting and scaling your HMO Property Business (www.thehmoexperience.co.uk/subscribe)
   

THIS FIVE MINUTE FRIDAY is a bitesize recap of episode 9 of The HMO Experience Property Podcast called The ESSENTIAL viewing tips for Buying a HMO Property, including the main discussion points and key takeaways from the episode.

Interested in a deeper dive? Listen to the full episode of The HMO Experience Property Podcast right here - https://open.spotify.com/episode/0i2nfN2bbsvqKbo8VE17LS?si=TPQvfeNGRgar9XeUYZzq7w

If you enjoyed this Five Minute Friday, don’t forget to subscribe & share The HMO Experience Property Podcast for new episodes every Monday!

Make sure you rate & review the podcast HERE :)

JOIN THE HMO EXPERIENCE FACEBOOK COMMUNITY

► https://www.facebook.com/groups/ThePropertyandHMOForum/

CONNECT WITH THE HOST

Matt Harris - https://linktr.ee/iammattharris

1. Join us The HMO Experience Property Clubroom on Clubhouse every Monday AND Tuesday at 1pm (https://www.joinclubhouse.com/)
2. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
3. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
4. Buy Jamie’s new book, “The HMO Blueprint” on Amazon TODAY! (https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp)
   

IN THIS EPISODE

We feature a throwback edition of Jamie Madill being interviewed on Your Property Podcast.

In the episode, Jamie chats with hosts Ant Lyons and Angharad Owen about deciding to quit his job and give his wife the gift of 'himself' by declaring his 'Grand Plan' to have a career in property. There was one problem - the Grand Plan turned out to be no plan!

This is a great episode of The HMO Experience Property Podcast to listen to if you are thinking about quitting your job this year and starting your own property investing journey - make sure you don’t miss it!

EPISODE HIGHLIGHTS

Introduction [00:00 - 03:14]

“Living” The Corporate Dream [03:14 - 10:38]

Creating The Grand Plan [10:38 - 18:30]

Perfecting The Grand Plan [18:30 - 22:19]

Turning The Plan Into Reality [22:19 - 38:38]

Is The Grass Greener On The Otherside? [38:38 - 52:55]

KEY TAKEAWAYS

1. When considering starting up your own business, if you have not replaced your job income make sure you have a definite plan to achieve your income targets
2. If you can replace your job income before you leave your job, then consider outsourcing tasks and building up your cash reserves before you take the leap
3. When creating your Grand Plan, understand that it will chop and change and will need to be adapted as circumstances change
4. Building your team will help you scale your business but ensure that your business can afford the additional support you bring in
5. Don’t compare yourself with others around you. Your journey is your journey.

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast! Make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HMO EXPERIENCE

• Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
• Follow Us on Facebook - https://www.facebook.com/thehmoexperiencepropertypodcast

CONNECT WITH THE HOSTS

Jamie Madill - https://www.facebook.com/jamiemadillproperty/

1. Join us The HMO Experience Property Clubroom on Clubhouse every Monday AND Tuesday at 1pm (https://www.joinclubhouse.com/)
   
2. Join Matt + Steve for The HMO Diaries on The HMO Experience Property Podcast Facebook page every Monday at 5.15pm (https://www.facebook.com/thehmoexperiencepropertypodcast)
   

RESOURCES

1. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
   
2. Sign up for The HMO Handbook - weekly hacks and tips for starting and scaling your HMO Property Business (www.thehmoexperience.co.uk/subscribe)
   

THIS FIVE MINUTE FRIDAY is a bitesize recap of episode 7 of The HMO Experience Property Podcast called The 5 Essential Steps YOU NEED TO KNOW for your Rent2Rent Property Viewing, including the main discussion points and key takeaways from the episode.

Interested in a deeper dive? Listen to the full episode of The HMO Experience Property Podcast right here - https://open.spotify.com/episode/1II773rCWCJrdOpc6nfv7m?si=PV8wAljEQiOpZga1G3Sg1w

If you enjoyed this Five Minute Friday, don’t forget to subscribe & share The HMO Experience Property Podcast for new episodes every Monday!

Make sure you rate & review the podcast HERE :)

JOIN THE HMO EXPERIENCE FACEBOOK COMMUNITY

► https://www.facebook.com/groups/ThePropertyandHMOForum/

CONNECT WITH THE HOST

Matt Harris - https://linktr.ee/iammattharris

1. Join us The HMO Experience Property Clubroom on Clubhouse every Monday AND Tuesday at 1pm (https://www.joinclubhouse.com/
2. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
3. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
4. Buy Jamie’s new book, “The HMO Blueprint” on Amazon TODAY! (https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp)
   

IN THIS EPISODE

Your podcast host Jamie Madill has a chat with Richard and Becky Stretton as part of our #RisingStars Series. If you’re just starting your own HMO property investing journey, tune in and join us for this insightful episode of The HMO Experience Property Podcast!

EPISODE HIGHLIGHTS

Introduction [00:00 - 03:31]

Moving Into Property Full Time [03:31 - 07:55]

Starting With Single Lets [07:55 - 12:30]

Our BIG WHY For Investing In property [12:30 - 13:50

The Case For Buying HMO [13:50 - 31:20]

Working With Your Power Team [31:20 - 37:04]

It’s All About The Space(man) [37:04 - 40:46]

Find, Fix, Fill, Repeat [40:46 - 51:30]

The Final Word [51:30 - 57:48]

KEY TAKEAWAYS

1. Having multiple income streams means you’re not reliant on income from a job or self-employment
   
2. Figure out how your BIG WHY fits into your property journey
   
3. Having a great team around you especially when doing it for the first time will provide you with the reassurance you’re doing the right thing
   
4. Making mistakes is all part of learning. The trick is not to make the same mistake twice
   
5. Meet up with our local HMO investors and find out how they have converted their properties and how well it is working for them.
   

ABOUT OUR GUEST

Richard and Becky Stretton are the husband and wife team behind Elite Investment Properties Limited. Their business philosophy is to find properties that are for sale below market value and add capital value through refurbishment in their researched geographical areas.

Contact Richard and Becky:

Tel: 07830 339092

Email: info@eliteinvestmentproperties.co.uk

Web: https://www.eliteinvestmentproperties.co.uk/

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

Make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HOSTS

Jamie Madill - https://www.facebook.com/jamiemadillproperty/

1. Join us The HMO Experience Property Clubroom on Clubhouse every Monday AND Tuesday at 1pm (https://www.joinclubhouse.com/)
   
2. Join Matt + Steve for The HMO Diaries on The HMO Experience Property Podcast Facebook page every Monday at 5.15pm (https://www.facebook.com/thehmoexperiencepropertypodcast)
   

RESOURCES

1. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
   
2. Sign up for The HMO Handbook - weekly hacks and tips for starting and scaling your HMO Property Business (www.thehmoexperience.co.uk/subscribe)
   

THIS FIVE MINUTE FRIDAY is a bitesize recap of episode 6 of The HMO Experience Property Podcast called The 3 Best Ways to find HMO Property, including the main discussion points and key takeaways from the episode.

Interested in a deeper dive? Listen to the full episode of The HMO Experience Property Podcast right here - https://open.spotify.com/episode/18uIOxe2HOW26uuHuXwZdT?si=_HPRiBt_SO64Quq1uzQ4pg

If you enjoyed this Five Minute Friday, don’t forget to subscribe & share The HMO Experience Property Podcast for new episodes every Monday!

Make sure you rate & review the podcast HERE :)

JOIN THE HMO EXPERIENCE FACEBOOK COMMUNITY

► https://www.facebook.com/groups/ThePropertyandHMOForum/

CONNECT WITH THE HOST

Matt Harris - https://linktr.ee/iammattharris

1. Join us The HMO Experience Property Clubroom on Clubhouse every Monday AND Tuesday at 1pm (https://www.joinclubhouse.com/)
2. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
3. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe
4. Buy Jamie’s new book, “The HMO Blueprint” on Amazon TODAY! (https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp)
   

IN THIS EPISODE

Your podcast hosts Matt Harris chats with Jamie Madill about some important changes to consider when starting on your Rent to Rent HMO property investing journey in 2021! If you’re starting or looking to start with Rent to Rent this year, this episode of The HMO Experience Property Podcast will provide you with some key insights to help you along your journey so make sure you tune in.

EPISODE HIGHLIGHTS

Introduction [00:00 - 03:30]

Focus On Your Deal Analysis [03:30 - 06:41]

Have The Right Contractual Agreement [06:41 - 13:44]

Consider Offering A Diversified Service [13:44 - 21.19]

Your Customers Are Your Lifeblood [21:19 - 30:54]

Raising Your Visibility On Social Media [30:54 - 38:22]

Jamies’ Last Comments [38:22 - 42:50]

KEY TAKEAWAYS

1. It’s more important than ever to focus on your deal analysis to ensure that the deal is viable
2. Which ever contractual agreement you decide on, ensure that it protects your interests from the start to the end of the agreement
3. Offering different services not only hedges your income streams but also allows you to market your services to a different set of potential customers.
4. The quality of your customer will shape the financial success of your business
5. Keeping up to date with changes in the market and learning from others will keep your skills sharp.

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

Make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HMO EXPERIENCE

• Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
  
• Follow Us on Facebook - https://www.facebook.com/thehmoexperiencepropertypodcast
  
• Join our Facebook Community - https://www.facebook.com/groups/ThePropertyandHMOForum/
  

CONNECT WITH THE HOSTS

Matt Harris - https://linktr.ee/iammattharris

Jamie Madill - https://www.facebook.com/jamiemadillproperty/

1. Join us The HMO Experience Property Clubroom on Clubhouse every Monday at 1pm (https://www.joinclubhouse.com/)
   
2. Join Matt + Steve for The HMO Diaries on The HMO Experience Property Podcast Facebook page every Monday at 5.15pm (https://www.facebook.com/thehmoexperiencepropertypodcast)
   

RESOURCES

1. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
   
2. Sign up for The HMO Handbook - weekly hacks and tips for starting and scaling your HMO Property Business (www.thehmoexperience.co.uk/subscribe)
   

THIS FIVE MINUTE FRIDAY is a bitesize recap of episode 4 of The HMO Experience Property Podcast called “The 11 Steps to Running Your HMO Business”, including the main discussion points and key takeaways from the episode.

Interested in a deeper dive? Listen to the full episode of The HMO Experience Property Podcast right here - https://open.spotify.com/episode/0qX7phsPrskGXE9ySkKHjU?si=UJv6DjdgSLaZ9ZR9_aX5Mw

If you enjoyed this Five Minute Friday, don’t forget to subscribe & share The HMO Experience Property Podcast for new episodes every Monday!

Make sure you rate & review the podcast HERE :)

JOIN THE HMO EXPERIENCE FACEBOOK COMMUNITY

► https://www.facebook.com/groups/ThePropertyandHMOForum/

CONNECT WITH THE HOST

Matt Harris - https://linktr.ee/iammattharris

• The HMO Experience Property Podcast Facebook page - https://www.facebook.com/thehmoexperiencepropertypodcast
  
• The HMO Experience Property Podcast YouTube channel - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
  
• The Property + HMO Forum on Facebook - https://www.facebook.com/groups/ThePropertyandHMOForum/
  

In this week's edition of The HMO Diaries with Matt [MiRentCo, London] and Steve [Vivoco Lettings & Management, Northampton + Bedford] chat about early morning wake up calls and the police, breaking up house parties, calling agents and using them to market your rooms and the considerations around HMO licensing and Article 4 planning.

Like + Follow The HMO Experience Property Podcast on Facebook and subscribe on YouTube to receive regular weekly notifications when we're live so you can join the conversation and get your questions answered!

DOWNLOAD FREE RESOURCES RIGHT HERE - http://www.thehmoexperience.co.uk/resources-page

Don't forget to SUBSCRIBE to our weekly newsletter, The HMO Handbook, for weekly hacks and tips - https://www.thehmoexperience.co.uk/subscribe

Join us The HMO Experience Property Clubroom on Clubhouse every Monday AND Tuesday at 1pm (https://www.joinclubhouse.com/)

CONNECT WITH THE HOSTS

Matt Harris - https://linktr.ee/iammattharris

Steve Mitchell - https://www.facebook.com/steve.mitchell.9843

1. Join us The HMO Experience Property Clubroom on Clubhouse every Monday AND Tuesday at 1pm (https://www.joinclubhouse.com/)
2. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
3. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
4. Buy Jamie’s new book, “The HMO Blueprint” on Amazon TODAY! (https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp)
   

IN THIS EPISODE

Your podcast hosts Jamie Madill and Steve Mitchell have a deep dive into the many pros and a few of the cons when it comes to investing in HMO property.

If you are interested in starting your own HMO property investing portfolio, you need to be listening to this episode of The HMO Experience Property Podcast as it is packed full of nuggets you need to be aware of!

EPISODE HIGHLIGHTS

Introduction [00:00 - 03:15]

Cashflow Cashflow Cashflow [03:15 - 09:10]

A Flexible Strategy [09:10 - 17:40]

Understanding the Risk [17:40 - 25:40]

Things To Be Mindful Of [25:40 - 32:00]

Our Summary of HMO’s  [32:00 - 35:45]

Jamies Last Comment [35:45 - 44:05]

KEY TAKEAWAYS

1. Having multiple income streams from one house reduces the chance of receiving no income
2. Leveraging commercial valuations based on the property income enables a greater chance of recuperating a greater proportion of your initiation investment
3. Converting properties into HMO are considered more challenging by some. If you follow some basic principles and work with experienced teams its’ not that different from refurbishing a single let property
4. The regulations around HMO are more stringent but they are not onerous. Ensuring you have a good understanding of the regulatory landscape is important
5. If you’re looking for income replacement you will need fewer properties than traditional single lets

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

Make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HMO EXPERIENCE

• Subscribe on YouTube - The HMO Experience
  
• Follow Us on Facebook - The HMO Experience
• Join our Facebook Community - The Property & HMO Fourm

CONNECT WITH THE HOSTS

Jamie Madill - Click Here

Steve Mitchell - Click Here

1. Join us The HMO Experience Property Clubroom on Clubhouse every Monday at 1pm (https://www.joinclubhouse.com/)
   
2. Join Matt + Steve for The HMO Diaries on The HMO Experience Property Podcast Facebook page every Monday at 5.15pm (https://www.facebook.com/thehmoexperiencepropertypodcast)
   

RESOURCES

1. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
   
2. Sign up for The HMO Handbook - weekly hacks and tips for starting and scaling your HMO Property Business (www.thehmoexperience.co.uk/subscribe)
   

THIS FIVE MINUTE FRIDAY is a bitesize recap of episode 3 of The HMO Experience Property Podcast called ”The 4 Things you MUST KNOW about HMOs!”, including the main discussion points and key takeaways from the episode.

Interested in a deeper dive? Listen to the full episode of The HMO Experience Property Podcast right here - https://open.spotify.com/episode/5q0aH0IT2V7nD3LlXSMoai?si=EhEMgBAeQqW9rYuACQvBvg

If you enjoyed this Five Minute Friday, don’t forget to subscribe & share The HMO Experience Property Podcast for new episodes every Monday!

Make sure you rate & review the podcast HERE :)

JOIN THE HMO EXPERIENCE FACEBOOK COMMUNITY

► https://www.facebook.com/groups/ThePropertyandHMOForum/

CONNECT WITH THE HOST

Matt Harris - https://linktr.ee/iammattharris

• The HMO Experience Property Podcast Facebook page - https://www.facebook.com/thehmoexperiencepropertypodcast
  
• The HMO Experience Property Podcast YouTube channel - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
  
• The Property + HMO Forum on Facebook - https://www.facebook.com/groups/ThePropertyandHMOForum/
  

In this week's edition of The HMO Diaries, Matt [MiRentCo, London] (Steve is out on viewings for Vivoco Lettings & Management in Northampton) chats about iterating room adverts for vacant rooms and answers a question regarding the difference between Management Agreements, Company/Corporate Lets and Commercial Leases for rent to rent.

Like + Follow The HMO Experience Property Podcast on Facebook and subscribe on YouTube to receive regular weekly notifications when we're live so you can join the conversation and get your questions answered!

DOWNLOAD FREE RESOURCES RIGHT HERE - http://www.thehmoexperience.co.uk/resources-page

Don't forget to SUBSCRIBE to our weekly newsletter, The HMO Handbook, for weekly hacks and tips - https://www.thehmoexperience.co.uk/subscribe

Join us The HMO Experience Property Clubroom on Clubhouse every Monday at 1pm (https://www.joinclubhouse.com/) and look out for a new room that we will be launching on Tuesdays at 1pm solely focused on Rent to Rent!

CONNECT WITH THE HOSTS

Matt Harris - https://linktr.ee/iammattharris

Steve Mitchell - https://www.facebook.com/steve.mitchell.9843

1. Join us The HMO Experience Property Clubroom on Clubhouse every Monday at 1pm (https://www.joinclubhouse.com/
2. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
3. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
4. Buy Jamie’s new book, “The HMO Blueprint” on Amazon TODAY! (https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp)
   

IN THIS EPISODE

Your hosts Matt Harris, Jamie Madill and Steve Mitchell discuss the key factors to be aware of when starting or continuing on your rent to rent journey in today’s market.

If you’re looking for some vital guidance with your rent to rent journey to help you navigate through 2021 into 2022, this is definitely the episode of The HMO Experience Property Podcast that you need to listen to!

EPISODE HIGHLIGHTS

Introduction  [00:00 - 03:40]

Changing Requirements In Shared Accommodation [03:40 - 11:09]

Watch Out Watch Out Inflations About! [11:09 - 20:48]

Has the Market Changed? [20:48 - 28:15]

The Final Word [28:15 - 32:22]

KEY TAKEAWAYS

1. The UK has seen a rise in demand for shared accommodation. Recent surveys from One Shared House & Crisis indicate higher quality accommodation is needed and that sharing is the only viable option for most young people.
2. Ensuring your product and service is the best it can be to remain competitive
3. Keep an eye on costs. With customers staying longer in the rooms the ability to review rents when recycling a room reduces.
4. If you’re reviewing rents as part of an annual review then ensure that you follow the prescribed process as set out in your AST.

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

Make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HMO EXPERIENCE

• Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
• Follow Us on Facebook - https://www.facebook.com/thehmoexperiencepropertypodcast

Join our Facebook Community - https://www.facebook.com/groups/ThePropertyandHMOForum/

CONNECT WITH THE HOSTS

Matt Harris - https://linktr.ee/iammattharris
Jamie Madill - https://www.facebook.com/jamiemadillproperty/

Steve Mitchell - https://www.facebook.com/vivocolettings

1. Join us The HMO Experience Property Clubroom on Clubhouse every Monday at 1pm (https://www.joinclubhouse.com/)
   
2. Join Matt + Steve for The HMO Diaries on The HMO Experience Property Podcast Facebook page every Monday at 5.15pm (https://www.facebook.com/thehmoexperiencepropertypodcast)
   

RESOURCES

1. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
   
2. Sign up for The HMO Handbook - weekly hacks and tips for starting and scaling your HMO Property Business (www.thehmoexperience.co.uk/subscribe)
   

THIS FIVE MINUTE FRIDAY is a bitesize recap of episode 2 of The HMO Experience Property Podcast titled “What is Rent to Rent“, including the main discussion points and key takeaways from the episode.

Interested in a deeper dive? Listen to the full episode of The HMO Experience Property Podcast right here - https://open.spotify.com/episode/5Upind7Bto6PB1ozX1fZC4?si=k67vRnv6RueUyDMbu1BTOg

If you enjoyed this Five Minute Friday, don’t forget to subscribe & share The HMO Experience Property Podcast for new episodes every Monday!

Make sure you rate & review the podcast HERE :)

JOIN THE HMO EXPERIENCE FACEBOOK COMMUNITY

► https://www.facebook.com/groups/ThePropertyandHMOForum/

CONNECT WITH THE HOST

Matt Harris - https://linktr.ee/iammattharris

• The HMO Experience Property Podcast Facebook page - https://www.facebook.com/thehmoexperiencepropertypodcast
  
• The HMO Experience Property Podcast YouTube channel - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
  
• The Property + HMO Forum on Facebook - https://www.facebook.com/groups/ThePropertyandHMOForum/

In this week's edition of The HMO Diaries with Matt [MiRentCo, London] and Steve [Vivoco Lettings & Management, Northampton + Bedford] chat about 5 burly men in your HMO, scaling back cleaning services during lockdown, due diligence on insurance + mortgage contracts for rent to rent and analysing your deals before putting forward your rent to rent proposal.

Like + Follow The HMO Experience Property Podcast on Facebook and subscribe on YouTube to receive regular weekly notifications when we're live so you can join the conversation and get your questions answered!

DOWNLOAD FREE RESOURCES RIGHT HERE - http://www.thehmoexperience.co.uk/resources-page

Don't forget to SUBSCRIBE to our weekly newsletter for weekly hacks and tips - https://www.thehmoexperience.co.uk/subscribe

Join us The HMO Experience Property Clubroom on Clubhouse every Monday at 1pm (https://www.joinclubhouse.com/)

CONNECT WITH THE HOSTS

Matt Harris - https://linktr.ee/iammattharris

Steve Mitchell - https://www.facebook.com/steve.mitchell.9843

1. Join us The HMO Experience Property Clubroom on Clubhouse every Monday at 1pm (https://www.joinclubhouse.com/)
2. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
3. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
4. Buy Jamie’s new book, “The HMO Blueprint” on Amazon TODAY! (https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp)

IN THIS EPISODE

Your hosts Matt Harris, Jamie Madill and Steve Mitchell discuss the end of the road - the day you have to hand back your rent to rent HMO property! The HMO Experience Property Podcast will give you a 360 view of all of the things you need to be aware of when it comes to bringing your rent to rent arrangement to an end so make sure you don’t miss it!

EPISODE HIGHLIGHTS

Introduction [00:00 - 03:30]

Start With The End In Mind [03:30 - 09:00]

Is Your Contract Fit For Purpose? [09:00 - 22:50]

Case Study #1  [22:50 - 28:20]

Case Study #2  [28:20 - 34:00]

Case Study #3  [34:00 - 39:40]

Alternative Options To Exiting [39:40 - 51:00]

Acting With Integrity [51:00 - 54:50]

The Final Word [54:50 - 64:30]

KEY TAKEAWAYS

1. When it is evident that a property isn’t working you need to make some hard and fast decisions around whether you keep or return the property
2. Have clearly defined clauses in your contract as to what happens when either party wants to exit the relationship
3. Businesses go through periods of growth and retrenchment. Holding onto unprofitable houses is not a badge of honour. Profit is the only game in town.

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

Make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HMO EXPERIENCE

• Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
  
• Follow Us on Facebook - https://www.facebook.com/thehmoexperiencepropertypodcast
  
• Join our Facebook Community - https://www.facebook.com/groups/ThePropertyandHMOForum/
  

CONNECT WITH THE HOSTS

Matt Harris - https://linktr.ee/iammattharris

Jamie Madill - https://www.facebook.com/jamiemadillproperty/

Steve Mitchell - https://www.facebook.com/vivocolettings

1. Join us The HMO Experience Property Clubroom on Clubhouse every Monday at 1pm (https://www.joinclubhouse.com/)
   
2. Join Matt + Steve for The HMO Diaries on The HMO Experience Property Podcast Facebook page every Monday at 5.15pm (https://www.facebook.com/thehmoexperiencepropertypodcast)
   

RESOURCES

1. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
   
2. Sign up for The HMO Handbook - weekly hacks and tips for starting and scaling your HMO Property Business (www.thehmoexperience.co.uk/subscribe)
   

THIS FIVE MINUTE FRIDAY is a bitesize recap of episode 1] of The HMO Experience Property Podcast, titled “Demystifying HMOs So You Can Build Your Property Wealth” including the main discussion points and key takeaways from the episode.

Interested in a deeper dive? Watch the full episode of The HMO Experience Property Podcast right here - https://open.spotify.com/episode/48Rox3tHWwa8xbY1finw5s?si=qgXVKaoeQx-ebN34J74oRQ

If you enjoyed this Five Minute Friday, don’t forget to subscribe & share The HMO Experience Property Podcast for new episodes every Monday!

Make sure you rate & review the podcast HERE :)

JOIN THE HMO EXPERIENCE FACEBOOK COMMUNITY

► https://www.facebook.com/groups/ThePropertyandHMOForum/

CONNECT WITH THE HOST

Matt Harris - https://linktr.ee/iammattharris

• The HMO Experience Property Podcast Facebook page - https://www.facebook.com/thehmoexperiencepropertypodcast
  
• The HMO Experience Property Podcast YouTube channel - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
  
• The Property + HMO Forum on Facebook - https://www.facebook.com/groups/ThePropertyandHMOForum/
  

In this week's edition of The HMO Diaries with Matt [MiRentCo, London] and Steve [Vivoco Lettings & Management, Northampton + Bedford] chat about energy consumption in HMOs, advertising and selling rooms in a changing market, advertising HMO Management services and how the 8% void provision is factored into cashflow.

Like + Follow The HMO Experience Property Podcast on Facebook and subscribe on YouTube to receive regular weekly notifications when we're live so you can join the conversation and get your questions answered!

DOWNLOAD FREE RESOURCES RIGHT HERE - http://www.thehmoexperience.co.uk/resources-page

Don't forget to SUBSCRIBE to our weekly newsletter for weekly hacks and tips - https://www.thehmoexperience.co.uk/subscribe

Join us The HMO Experience Property Clubroom on Clubhouse every Monday at 1pm (https://www.joinclubhouse.com/)

CONNECT WITH THE HOSTS

Matt Harris - https://linktr.ee/iammattharris

Steve Mitchell - https://www.facebook.com/steve.mitchell.9843

1. Join us The HMO Experience Property Clubroom on Clubhouse every Monday at 1pm (https://www.joinclubhouse.com/)
2. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
3. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
4. Buy Jamie’s new book, “The HMO Blueprint” on Amazon TODAY! (https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp)

IN THIS EPISODE

Your host Jamie Madill has a chat with Andrew Southwood from Culbone Finance. Andrew has helped many small businesses stretch their cash further by getting them the right type finance in the unsecured finance market.

Andrew is a market maker looking to provide ad hoc financial solutions for small businesses. After spotting gaps in the finance market where traditional financing is not available, Andrew will create a market and help small businesses finance their chosen objectives - whether that’s lease finance for HMO furniture or financing to help with your next rent to rent deal!

Andrew is also an experienced property investor and always buys rubbish houses on good streets, remodells them and sells them on at a significant profit in West London.

This episode is packed full of useful finance nuggets so if you are looking for guidance on what you can obtain finance for, as well as tax efficient finance, this is definitely the episode of The HMO Experience Property Podcast that you need to be listening to.

EPISODE HIGHLIGHTS

Introduction [00:00 - 00:00]

Working Niches And Finding Angles [00:00 - 00:00]

Rubbish Houses on Good Streets [00:00 - 00:00]

A Passion For Financial Engineering [00:00 - 00:00]

To Lease Or Not To Lease? [00:00 - 00:00]

Going One Step Beyond With Rent2Rent Finance [00:00 - 00:00]

A Quiver Full Of Financing Opportunity [00:00 - 00:00]

2021 Property Outlook [00:00 - 00:00]

The Final Word [00:00 - 00:00]

KEY TAKEAWAYS

1. If you buy furniture it’s an asset so no tax benefit. If you lease the furniture they are rental payments that can be off set against corporation tax
   
2. It’s not just furniture you can lease now, it’s all upfront costs that can be covered.
   
3. Leasing interest rates might be considered expensive but it provides flexibility when compared to other forms of unsecured finance
   
4. People get stuck with their belief systems relating to money. Understanding yours will help you on your investing journey
   
5. If you’re a homeowner, you can leverage equity in your home to help your property journey

ABOUT OUR GUEST

Small businesses rarely have enough money to succeed and finding finance can be overwhelming and confusing. Andrew Southwood of Culbone Finance helps small property businesses stretch their cash further, by providing the right finance, so they can grow their businesses and thrive. Andrew is passionate about making small business finance, simple.

Contact Andrew at:

Email - andrew@culbonefinance.co.uk

Phone - 07774 267121

Web - www.culbonefinance.co.uk

• The HMO Experience Property Podcast Facebook page - https://www.facebook.com/thehmoexperiencepropertypodcast
  
• The HMO Experience Property Podcast YouTube channel - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
  
• The Property + HMO Forum on Facebook - https://www.facebook.com/groups/ThePropertyandHMOForum/

In this week's edition of The HMO Diaries with Matt [MiRentCo, London] and Steve [Vivoco Lettings & Management, Northmapton + Bedford] chat about the rise in utility prices over the last 12 months, focusing on marketing your available rooms & keeping an eye on room prices from the competition, and how to utilise social media for your business.

Like + Follow us on Facebook and subscribe on YouTube to receive regular weekly notifications when we're live so you can join the conversation and get your questions answered!

DOWNLOAD FREE RESOURCES RIGHT HERE - http://www.thehmoexperience.co.uk/resources-page

Don't forget to SUBSCRIBE to our weekly newsletter for weekly hacks and tips - https://www.thehmoexperience.co.uk/subscribe

Join us The HMO Experience Property Clubroom on Clubhouse every Monday at 1pm (https://www.joinclubhouse.com/)

CONNECT WITH THE HOSTS

Matt Harris - https://linktr.ee/iammattharris

Steve Mitchell - https://www.facebook.com/steve.mitchell.9843

1. Join us The HMO Experience Property Clubroom on Clubhouse every Monday at 1pm (https://www.joinclubhouse.com/)
2. Buy Jamie’s new book, “The HMO Blueprint” on Amazon TODAY! (https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp)
3. Buy Stephanie’s new book “Rent 2 Rent Success: Our ethical 6-step system to get you started in property without buying it” on Amazon TODAY! (https://www.amazon.co.uk/Rent-Success-ethical-started-property-ebook/dp/B08TWX87HK)
   

IN THIS EPISODE

Your podcast host Jamie Madill has a chat with Stephanie Taylor of HMO Heaven as part of our Experienced Investor Series. Stephanie reveals her journey from financial hardships and being a young mother to living a comfortable corporate life working in banking, when in 2016 her Mum fell ill. And so HMO Heaven was born. If you’re looking for some inspiration to start your own property journey then this is definitely the episode of The HMO Experience Property Podcast for you!

EPISODE HIGHLIGHTS

Introduction [00:00 - 03:15]

Pushing Out Of The Comfort Zone [03:15 - 12:34]

Keeping It In The Family [12:34 - 17:23]

Divide & Conquer [17:23 - 27:00]

Scaling Up [27:00 - 32:30]

Balancing Priorities [32:30 - 36:40]

Switching From Managing To Purchasing [36:40 - 47:53]

Focusing On The Future [47:53 - 52:20]

The Final Word [52:20 - 60:52]

KEY TAKEAWAYS

1. The most important thing about setting up in business is to follow the different stages and formula for success
2. Focus on the outcomes that you want to achieve
   

ABOUT OUR GUEST

Stephanie is the co-founder of HMO Heaven and Rent2Rent Success, with her sister Nicky. Together they have built a thriving HMO management business with contracts over £2m and helped hundreds of people achieve their own success through training with their Rent2Rent Success programme.

Stephanie and Nicky also published their first book in January 2021 called “Rent 2 Rent Success: Our ethical 6-step system to get you started in property without buying it”

To get in touch with Stephanie, head over to:

HMO Heaven - https://www.hmoheaven.co.uk/

Rent2Rent Success - https://rent2rentsuccess.com/

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HMO EXPERIENCE

• Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
• Follow Us on Facebook - https://www.facebook.com/thehmoexperiencepropertypodcast

CONNECT WITH THE HOST

Jamie Madill - https://www.facebook.com/jamiemadillproperty/

1. Buy Jamie’s new book, “The HMO Blueprint” on Amazon TODAY! (https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp)
2. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
3. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)

IN THIS EPISODE

After leaving college, David spent a few years in travelling and in the army before embarking on a career in property - starting life as an estate agent in London before venturing into property development, trading and managing property. This episode is packed full of useful nuggets that you can start implementing today, in particular sourcing properties direct from landlords! Make sure you tune into this week’s episode of The HMO Experience Property Podcast.

EPISODE HIGHLIGHTS

Introduction [00:00 - 03:00]

Baptism of Sales [03:00 - 07:46]

Changing Times [07:46 - 10:35]

Success Breeds Success [10:35 - 12:50]

Getting Educated Even As A Pro [12:50 - 15:50]

Why I go direct to Landlords [15:50 - 22:35]

Preparing the Landlord Negotiation [22:35 - 30:15]

Concept to Reality [30:15 - 35:00]

The Final Word [35:00 - 41:22]

KEY TAKEAWAYS

1. Commitment and consistency is the secret key to success in property
2. Going to the person that owns the property means you can negotiate directly and not have to deal with agents who might not understand or be motivated to do a deal
3. Sending your marketing consistently is the key to success. But don’t expect a result immediately
4. Ask as many questions as you can to understand the landlord situation. Try and uncover what the underlying need is for the landlord
5. The most important thing to do once you have asked a question is to shut up and let the landlord speak

ABOUT OUR GUEST

David Saunders Watson

Griffin Rock - 07956 891 967 - david@griffinrock.co.uk

Our comprehensive property services are designed to make the process of owning, renting, letting and developing properties a seamless and hassle-free experience. Our comprehensive property services are designed to make the process of owning, renting, letting and developing properties a seamless and hassle-free experience.

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

Make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HMO EXPERIENCE

• Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
• Follow Us on Facebook - https://www.facebook.com/thehmoexperience

CONNECT WITH THE HOSTS

Steve Mitchell - https://www.facebook.com/vivocolettings

1. Join us The HMO Experience Property Clubroom on Clubhouse every Friday at 5pm (https://www.joinclubhouse.com/)
2. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
3. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
4. Buy Jamie’s new book, “The HMO Blueprint” on Amazon TODAY! (https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp)
   

IN THIS EPISODE

Your podcast host Jamie Madill has a chat with Dani Wade about practical ways to manage and reduce overwhelm and increase your productivity! This is a fascinating episode of The HMO Experience Property Podcast if you are looking to optimise your time, increase your productivity and learn how to manage your own personal overwhelm!

EPISODE HIGHLIGHTS

Introduction [00:00 - 04:00]

Take A Step Back And Have A Reality Check [04:00 - 14:00]

Take Control Of Your Big Why [14:00 -  28:30]

Just Get On And Do It [28:30 - 32:40]

Pivoting Into Property [32:40 - 40:04]

Helping Aspiring Entrepreneurs [40:04 - 45:00]

Three Questions [45:00 - 54:56]

ABOUT OUR GUEST

Danni has a career in Corporate Sales as well as running her own property business called Bamboo Dwellings! Danni's approach consists of a healthy dose of perspective, focusing on what you can control, raising levels of self-awareness and breaking things down into manageable chunks.Danni is launching Beat The Overwhelm online course this year and you can join the Facebook group and follow Beat The Overwhelm Facebook and Instagram page for exclusive launch offers.

Facebook Community 

Instagram Page 

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

Make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HMO EXPERIENCE

• Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
• Follow Us on Facebook - https://www.facebook.com/thehmoexperiencepropertypodcast
• Join our Facebook Community - https://www.facebook.com/groups/ThePropertyandHMOForum/
  

CONNECT WITH THE HOSTS

Jamie Madill - https://www.facebook.com/jamiemadillproperty/

1. Buy Jamie’s new book, “The HMO Blueprint” on Amazon TODAY! (https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp)
2. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
3. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
4. Find out more about Next Level Property Investing (https://www.lukehomesacademy.co.uk/start-here)

IN THIS EPISODE

Your host Jamie Madill chats with Ryan Luke as part of our Experienced Investor Series. Luke is a Newcastle based property investor who has been an active investor for the past 10 years with his family business, Luke Homes. If you’re looking for some inspiration on what it takes to build a successful team and in turn a successful business, not just a property business, then this is definitely the episode of The HMO Experience Property Podcast for you.

EPISODE HIGHLIGHTS

Introduction [00:00 - 03:16]

Accidental Landlord to Property Entrepreneur 03:16 - 15:50]

Being Mentored by Mr 10X & Business Building [15:50 - 26:45]

Ramping Up The Property Business [26:45 - 40:27]

Plans for 2021 - We’re Going International [40:27 - 50:30]

The Final Word [50:30 - 55:57]

KEY TAKEAWAYS

1. Take action now. Do what you need to do to achieve what you want to achieve.
2. Knowledge is only 20% of the equation. The other 80% is business acumen and self motivation
3. Don’t think that your employees work for you, you actually work for your employees

ABOUT OUR GUEST

Ryan Luke is a property investor always looking to help landlords and home owners solve their property problems. Luke Homes specialise in rental accommodation and HMOs, turning run down properties into luxury accommodation across the UK.

Ryan also runs Next Level Property Investing, helping you achieve financial freedom and work on your own schedule.

Contact Ryan:

Email: https://lukehomes.co.uk/contact.php

Phone: 0191 500 9746

If you enjoyed this episode of The HMO Experience Property Podcast. Make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HMO EXPERIENCE

Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
Follow Us on Facebook - https://www.facebook.com/thehmoexperience
Join our Facebook Community - https://www.facebook.com/groups/ThePropertyandHMOForum/

CONNECT WITH THE HOSTS

Jamie Madill - https://www.facebook.com/jamiemadillproperty/

1. Buy Jamie’s new book, “The HMO Blueprint” on Amazon TODAY! (https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp)
   
2. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
   
3. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
   

N THIS EPISODE

Your host Jamie Madill appears as a guest on David Seigler's “Property Sourcing Profits Podcast” as they discuss the sourcing and deal packaging for HMO properties.

If you’re thinking about starting your own HMO property sourcing business, this episode is definitely for you as Jamie discuss everything you need to know about sourcing HMO properties, including HMO licensing, planning permission, the importance of floor plans and Valuations.

Make sure you tune in and pick up some useful #HMOHacks for property sourcing from this guest episode of The HMO Experience Property Podcast.

EPISODE HIGHLIGHTS

Introduction [00:00 – 03:11]

What To Consider When Starting With HMO [03:11 – 10:50]

Packaging HMO’s [10:50 – 17:20]

Organising Your Revaluation [17:20 – 24:00]

Managing My Packaging Business [24:00 – 30:09]

Threats To The Model [30:09 – 39:53]

KEY TAKEAWAYS

1. Make sure you know what the local HMO minimum requirements are for your area
   
2. Investors are not buying a property form you, they are buying the end result.
   
3. Always, Always, Always check out the build team that you’re working with by checking their work and getting references
   
4. Structure your business according to your needs. Are you going mass market or buy to order?
   
5. The HMO market is changing. Future proofing your property is essential to avoid having to update your properties when filled with customers.
   

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast! Make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HMO EXPERIENCE

• Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
  
• Follow Us on Facebook - https://www.facebook.com/thehmoexperience
  
• Join us online EVERY Third Wednesday of the - https://www.facebook.com/ProgressivePropertyStPancras/
  

CONNECT WITH THE HOSTS

Jamie Madill - https://www.facebook.com/jamiemadillproperty/

1. Buy Jamie’s new book, “The HMO Blueprint” on Amazon TODAY! (https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp)
2. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
3. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)

IN THIS EPISODE

We all know how daunting it can be speaking with a landlord or agent and putting forward your rent to rent proposition for their property. In this episode of The HMO Experience Property Podcast, Matt and Jamie give you some workable solutions to these 5 common objections:

1. “Subletting - we don’t do it!”;
2. “We don’t deal with corporate lets”;
3. “Our landlords don’t do that (rent to rent, HMO)”;
4. “You’re a new company and have no track record”; and
5. “We’ve previously had a bad experience with this”

Packed full of nuggets, this is definitely an episode of The HMO Experience Property Podcast you don’t want to miss!

EPISODE HIGHLIGHTS

Introduction  [00:00 - 01:40]

Subletting? We don’t do it! [01:40 - 03:37]

We don’t deal with corporate lets  [03:37 - 06:02]

Our Landlords Don’t That [06:02 - 09:10]

You’re a new company [09:10 - 15:18]

Bad experience, I’ve been burned  [15:18 - 19:25]

KEY TAKEAWAYS

1. Using a management agreement avoids sub-letting. Know your agreement inside out so that you can logically discuss this objection and know the differences between each type of agreement.
2. Focus on identifying the problems you can solve or the needs the agent has and tailor your sales pitch to providing a solution.
3. Agents may not understand the guaranteed rent model but with a changing economic climate perhaps this is the right time for the agent to begin to learn about the benefits they can have from this model.

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

Make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HMO EXPERIENCE

• Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
• Follow Us on Facebook - https://www.facebook.com/thehmoexperience
• Join our Community - https://www.facebook.com/groups/ThePropertyandHMOForum/

CONNECT WITH THE HOSTS

Matt Harris - https://linktr.ee/iammattharris

Jamie Madill - https://www.facebook.com/jamiemadillproperty/

1. Buy Jamie’s new book, “The HMO Blueprint” on Amazon TODAY! (https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp)
2. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
3. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
4. Find out more about SSAS Alliance (https://www.ssasalliance.org/)
   

EPISODE HIGHLIGHTS

Introduction  00:00 - 02:09

28 Years In Corporate Life!  02:09 - 07:50

We realised we needed an income 07:50 - 12:00

What is a SSAS pension and what can I do with it? 12:00 - 21:00

How easy is it to transfer my pension? 21:00 - 26:00

Buying Property & Leveraging SSAS investors 26:00 - 34:00

Quick Fire Questions 34:00 - 36:00

The Final Word 36:00 - 40:26

1. SSAS (Small Self Administered System) or Directors pension can be opened by most people . You are in control of your pension
2. There are limitations on what you can do with your SSAS pension. You can loan a percentage of your pension to a third party or purchase commercial property and the rental income goes back into your SSAS
3. A SSAS pension is not right for everybody. You must get professional advice from a IFA
4. If you’re interested in accessing your pension to invest in property consider joining a SSAS networking event

ABOUT OUR GUEST

Kim Hendle is the director of Kinetic Property, a Northampton based property investment business that develops properties in and around Northamptonshire.

Kim also hosts the SSAS Alliance Business Network, and PPN Northampton.

Contact Kim on LinkedIn - https://www.linkedin.com/in/kim-hendle-aab25263/?originalSubdomain=uk

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

Make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HMO EXPERIENCE

• Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
  
• Follow Us on Facebook - https://www.facebook.com/thehmoexperience

CONNECT WITH THE HOSTS

Steve Mitchell - https://www.facebook.com/vivocolettings

1. Buy Jamie’s new book, “The HMO Blueprint” on Amazon TODAY! (https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp)
   
2. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
   
3. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
   
4. Find out more about Partners in Property (https://partners-property.com/)
   

IN THIS EPISODE

Your host Jamie Madill chats with Sue Sims as part of our Experienced Investor Series. Sue is a Birmingham based property investor, having been inspired to investing by her parents at the tender age of 21. She has built up a property portfolio comprising 42 owned properties as well as running Genie Homes, a successful lettings agency.

Packed full of nuggets, this is definitely an episode of The HMO Experience Property Podcast you don’t want to miss!

EPISODE HIGHLIGHTS

Introduction - [00:00 - 02:10]

Starting Off & Building A Portfolio [02:10 - 15:00]

From Recruitment to Property Entrepreneur [15:00 - 21:15]

Maximising Income From HMO Property [21:15 - 28:30]

Working With Social Housing Providers [28:30 - 36:00]

Paying It Forward & Helping Investors [36:00 - 43:29]

Recession...What Recession? [43:29 - 50:45]

Partners In Property [50:45 - 55:14]

The Final Word [55:14 - 1:01:20]

KEY TAKEAWAYS

1. If the numbers stack then buy the property, it all comes down to the numbers.
   
2. Check your mortgage terms and conditions of you're considering the social housing sector. Having a great broker who knows that market is essential.
   
3. If you want to work with social housing providers you will have to put in the leg work; complete research, complete due diligence and make phone calls. It will take time.

ABOUT OUR GUEST

Sue Sims is the director of Genie Rooms, Midland Property Sourcing based in Longbridge and cover the Birmingham area, offering a bespoke service that suits individual landlords for both properties and individual rooms in a shared house / apartment.

Sue is also the joint founding Partner of Partners in Property - an independent property network meeting.

Contact Sue:

Email: lettings@genie-homes.co.uk

Phone: 0121 285 5105

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
Follow Us on Facebook - https://www.facebook.com/thehmoexperience

CONNECT WITH US

Jamie Madill - https://www.facebook.com/jamiemadillproperty/

1. Buy Jamie’s new book, “The HMO Blueprint” on Amazon TODAY! (https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp)
   
2. Download the 90 Day Action Workbook to help you kick of 2021 with a manageable action plan, plus other FREE RESOURCES right here (http://www.thehmoexperience.co.uk/resources-page)
   
3. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
   

IN THIS EPISODE

Your podcast host Steve Mitchell chats with Aaron Giblin as part of our #RisingStars series. Aaron shares his journey from training as a chartered accountant and working as a financial controller for a number of multinationals over his 12 year experience, to starting his property business, Nurtured Properties.

If you are looking to change from your corporate life to starting your own property journey, then this is definitely the episode of The HMO Experience Property Podcast for you, so make sure you tune in!

EPISODE HIGHLIGHTS

Introduction - [00:00 - 03:00]

A Corporate Prisoner - [03:00 - 05:27]

A Change of Direction - [05:27 - 09:16]

Building My Confidence - [09:16 - 11:15]

Managing My Time & Getting Things Done [11:15 - 17:17]

Early Challenges & Learnings [17:17 - 24:25]

Social Media & Outsourcing [24:25 - 31:55]

COVID19 Work Around - [31:55 - 34:30]

Looking To The Future [ 34:30 - 37:01]

Quick Fire Questions - [37:01 - 39:03]

The Final Word - [39:03 - 42:36]

ABOUT OUR GUEST

Aaron is a director of Nurtured Properties with his partner Claire. Nurtured Properties is a Social Enterprise, investing in housing in local communities providing housing at affordable prices to those that need it most whilst ensuring that our investments are environmentally sustainable.

You can contact Aaron via:

Phone: 020 3314 0550

Email: info@nurturedproperties.com

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

Make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HMO EXPERIENCE

• Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
  
• Follow Us on Facebook - https://www.facebook.com/thehmoexperience
  
• Join us online EVERY Third Wednesday of the - https://www.facebook.com/ProgressivePropertyStPancras/
  

CONNECT WITH THE HOSTS

Steve Mitchell - https://www.facebook.com/vivocolettings

1. Buy Jamie’s new book, “The HMO Blueprint” on Amazon TODAY! (https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp)
   
2. Download the 90 Day Action Workbook to help you kick of 2021 with a manageable action plan, plus other FREE RESOURCES right here (http://www.thehmoexperience.co.uk/resources-page)
   
3. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
   

IN THIS EPISODE

Your podcast host Matt Harris chats with co-host Jamie Madill about starting the new year with the right plan and in the right frame of mind.

This episode is packed full of nuggets including how to set out your plan for the new year and breaking it down into manageable chunks, mindset hacks to keep you focused on what is within your control, thoughts on the property market including price rises & available lending as well as anticipated trends that we see playing a more prominent role with HMOs in 2021.

If you’re looking to start the new year off right with some actionable tips and tricks, make sure you tune into this episode of The HMO Experience Property Podcast!

Happy New Year!!!

EPISODE HIGHLIGHTS

Introduction [00:00 - 03:30]

Planning; To Do or Not To Do? [03:30 - 11:08]

How do You Eat An Elephant? [11:08 - 15:50]

Getting Into The Right Mindset [15:50 - 23:30]

Document Your Journey To Realise Your Successes [23:30 - 29:15]

The Market in 2021 [29:15 - 40:02]

Future HMO Trends [40:02 - 53:20]

Looking For Opportunities - [53:20 - 58:17]

The Final Word - [58:17 - 61:51]

KEY TAKEAWAYS

1. If setting goals over 12 months haven’t worked in the past then focus on a shorter period of time like 90 days.
   
2. The journey is your journey and you will make it in your own time. Don’t focus on comparing yourself with others.
   
3. Consider documenting your journey in a daily journal to help organise your thoughts and as a reflective tool.
   
4. Opportunities could present themselves as the economy contracts to building your cash warchest is a crucial activity right now.
   
5. Be mindful of the changes in shared accommodation as a result of COVID-19. Identifying a unique proposition to your customers will build customer loyalty.

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

Make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HMO EXPERIENCE

• Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
  
• Follow Us on Facebook - https://www.facebook.com/thehmoexperience

CONNECT WITH THE HOSTS

Matt Harris - https://linktr.ee/iammattharris

Jamie Madill - https://www.facebook.com/jamiemadillproperty/

1. Buy Jamie’s new book, “The HMO Blueprint” on Amazon TODAY! (https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp)
2. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
3. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
4. To find out more about renewable energy here (Www.renewableenergyadviceline.co.uk)

IN THIS EPISODE

Your podcast host Jamie Madill chats with Lorraine Clayton, an award-winning energy efficiency expert who has seen so many changes since she started in this industry in 2007.

The green economy has gone through huge changes over the last ten years.  New technological advances in solar energy, house insulation, and air source and ground source heat pumps means that it’s cheaper than ever to make your properties more energy efficient.

Together with the Government incentives available to UK householders (up to a £10,000 discount per property), now is the perfect time to upgrade your energy system to save money, and potentially make an extra income too.

If you have an HMO with communal kitchens you could get incentivised rates on upgrading your heating & hot water system.

If you’re considering making your HMO property more energy efficient (and making some money too!), this insightful episode of The HMO Experience Property Podcast is definitely for you!

EPISODE HIGHLIGHTS

Introduction - [00:00 - 03:15]

Getting Started in Energy Efficiency [03:15 - 11:30]

Getting The Right Information [11:30 - 22:50]

Providing Comfortable Accommodation Cost Effectively [22:50 - 31:50]

Government Support for Heating Improvements [31:50 - 42:10]

Getting Help To Assess Your Options [42:10 - 50:25]

The Final Word [50:25 - 52:29]

KEY TAKEAWAYS

1. Gas boilers are due to be phased out by 2025 although gas hobs will still be allowed
2. There are Government schemes that can help subsidise or cover the cost of installing more energy efficient heating systems
3. Navigating the choices to find out what is right for your can be time consuming and confusing so why not outsource this to an industry professional
4. Any property that is 100% electric heating and has no gas connection has the opportunity for gas to be connected to the property free of charge.
5. Be wary of working with contractors, ensure that they are qualified to do the works and that they are part of the accredited scheme.

ABOUT OUR GUEST

Lorraine Clayton works with landlords, local authorities, businesses and homeowner to guide them through the ever evolving energy efficiency and renewable marketplace.

If you want to discuss and  create finance solutions to suit your property investments, including privately funded, PPA, AOR or other more creative solutions options, you can contact Lorraine via:

Phone: 07974773256

Email: hello@renewableenergyadviceline.co.uk

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

1. Buy Jamie’s new book, “The HMO Blueprint” on Amazon TODAY! (https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp)
2. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
3. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
   

IN THIS EPISODE

Your host Steve Mitchell interviews Julius Honsch as part of the #RisingStars Series. Julius discusses how he came to London and started off selling ice creams in Leicester Square, before becoming a hospitality manager at some of London’s 5 star hotels.

Julius also shares how he overcomes rejection and how mentoring and training have really helped him along his property investing journey and enabled him to build a rent to rent HMO portfolio in South West London.

If you’re looking for inspiration to start your own property investing journey then this episode of The HMO Experience Property Podcast is definitely for you!

EPISODE HIGHLIGHTS

Introduction [00:00 – 01:56]

Selling Ice Creams In London [01:56 – 05:30]

Determination, Determination, Determination [05:30 – 10:30]

Seeking Advice & Guidance [10:30 – 14:34]

Getting My First Property [14:34 – 18:50]

My Biggest Challenge [18:50 – 23:30]

Growing The Business [23:30 – 32:02]

The Final Word – [32:02 – 45:38]

KEY TAKEAWAYS

1. Being 100% focused on what you want is great but unless you take action you won’t move forward
2. The easiest strategy to set up quickly and earn money was Rent2Rent
3. Resilience is key when you start a new enterprise. NO action equals NO results
4. The biggest challenge is bringing in new business. But once you develop relationships the business comes to you
5. Knowing when you’re at capacity is critical to growing the business. If you have lack of time and you miss opportunities, then the business could be suffering
   

ABOUT OUR GUEST

Julius is the owner of Live-In Properties based in South West London. Live-In Properties is a property management company, working with London's professionals providing quality accommodation.

Contact Julius:

Email: info@live-in.co.uk

Phone: 0203 4882898

Web: www.live-in.co.uk

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

Make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HMO EXPERIENCE

Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured

Follow Us on Facebook - https://www.facebook.com/thehmoexperience

1. Buy Jamie’s new book, “The HMO Blueprint” on Amazon TODAY! (https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp)
2. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
3. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
   

IN THIS EPISODE

Your host Steve Mitchell interviews Josh Guest as part of our #RisingStars Series. Josh shares his story and why he didn’t go to Uni in order to start work at a finance lease company before selling coffee machines out of a Range Rover and buying a Serviced Accommodation business in Brighton when he lives 180 miles away in Worcester!

In addition to the importance of systems and processes, Josh discusses how mentors, training and learning have helped him along the way from problem solving to learning different property strategies, and the best thing is - he’s only 22!

If you’re looking for some inspiration and want to get your property journey started, this episode of The HMO Experience Property Podcast is definitely for you!

EPISODE HIGHLIGHTS

Introduction [00:00 – 03:00]

Selling Coffee Machines [03:00 – 10:00]

Buying A SA Business 180 Miles Away [10:00 – 18:45]

Getting Educated [18:45 – 21:50]

Growing A Successful Property Business [18:45 – 26:36]

The Future Of Serviced Accommodation [26:36 – 32:55]

Tips On Managing Your Team [32:55 – 37:50]

Random Questions [37:50 – 40:25]

The Final Word [40:25 – 46:25]

KEY TAKEAWAYS

1. When you have a challenge thinking outside the box to do things slightly differently will generate big results
2. Systemising your business early on will help you grow your business more quickly
3. Being part of a mentoring or mastermind group enables you to tap into the collective knowledge & experience
4. Once you have hit a critical mass diversifying your income streams makes complete sense. Don’t have all your eggs in one basket
5. Treat your team as a team and involve them in all aspects of your business
   

ABOUT OUR GUEST

Josh Guest – Guest Homes

Contact: 01905 347469

www.guesthomes.co.uk

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

Make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HMO EXPERIENCE

• Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
• Follow Us on Facebook - https://www.facebook.com/thehmoexperience
• Join us online EVERY Third Wednesday of the - https://www.facebook.com/ProgressivePropertyStPancras/

1. Buy Jamie’s new book, “The HMO Blueprint” on Amazon TODAY! (https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp)
2. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
3. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)

IN THIS EPISODE

Your host Steve Mitchell chats with Diksesh Patel as part of our Experience Investor Series. Diksesh shares his journey from studying at the London School of Economics to working in investment banking, before pivoting into property investment and development and how working with joint venture partners has helped accelerate the growth of his property business.

Diksesh also discusses how your belief system, mindset coaching and business mentoring has played an important role in his property investing journey.

Join us for a truly revealing and insightful episode of The HMO Experience Property Podcast with some very useful tips that you can start implementing today.

EPISODE HIGHLIGHTS

Introduction [00:00 – 02:50]

Taking It Way Back [02:50 – 07:40]

Is There A Better Way? [07:40 – 14:06]

Can You Change Your Mindset? [14:06 – 19:50]

Learning From Our Failures [19:50 – 24:53]

50kg at 50 [24:53 – 28:50]

The Benefit Of Having A Coach [28:50 – 33:00]

My One Piece Of Advice [33:00 – 36:24]

KEY TAKEAWAYS

1. If the people around you says you can’t do something use that as motivation to prove them wrong
2. Your belief system is driven from the value you create. Focusing on the value you can bring to a partnership or relationship helps others to get to where they want to be
3. Failure is a learning experience. Ego is a big entrepreneur killer. Having a mindset coach can support you on your journey
4. Knowing your core values will act as a magnet to attract like-minded individuals. And know that there is no straight line to success

ABOUT OUR GUEST

Diksesh Patel is a property entrepreneur with a passion for helping others achieve their health wealth and fitness goals. In addition to property investing, Diksesh is a mind and body transformation coach and a business transformation coach who is passionate about helping others achieve their goals.

Contact Diksesh:

Email:  diksesh@lighthousecapitalgroup.co.uk

Phone:  07960 493634

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

Make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HMO EXPERIENCE

• Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
• Follow Us on Facebook - https://www.facebook.com/thehmoexperience

1. Buy Jamie’s new book, “The HMO Blueprint” on Amazon TODAY! (https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp)
2. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
3. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)

IN THIS EPISODE

Your host Steve Mitchell interviews Rick Cuisimano as part of our Experienced Investor Series. Rick is based in Chesterfield and chats about his journey from being a managing director for an IT software business to going full time into property investing.

Rick shares how the birth of his first daughter was a turning point for him and his wife to re-evaluate their lives and take a gamble on property investing, which has massively paid off! Rick now provides turnkey solutions for property investors looking for buy to let, HMO and flat development opportunities.

Tune in to and join us for an insightful episode of The HMO Experience Property Podcast!

EPISODE HIGHLIGHTS

Introduction [00:00 – 03:10]

The Pivotal Moment [03:10 – 07:07]

Challenges Post Employment [07:07 – 10:20]

Keeping It In The Family [10:20 – 15:20]

Divide & Conquer [15:20 – 20:19]

Building Your Business [20:19 – 28:44]

Rapid Fire Questions [28:44 – 33:49]

KEY TAKEAWAYS

1. Replacing your paid employment income takes longer than you think it will so transition your income rather than having to
2. Know your investment area
3. Working with family can work especially if you have complimentary skills
4. Start with the end in mind. Plan your business as to what it will be like in 3-5yrs time and then work backwards
5. Doing the bigger projects is more exciting but it is underpinned with successes and challenges from lots of smaller projects

ABOUT OUR GUEST

Rick and his wife Sophie own and operate Dovedale Property Lettings in Chesterfield. They offer a completely bespoke investment package to each investors needs, including turnkey solutions, lettings + management and HMO development.

To contact Rick:

Email: info@dovedaleproperty.co.uk

Phone: 07779226568

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

Make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HMO EXPERIENCE

• Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
• Follow Us on Facebook - https://www.facebook.com/thehmoexperience

CONNECT WITH THE HOST

Steve Mitchell - https://www.facebook.com/vivocolettings

1. Buy Jamie’s new book, “The HMO Blueprint” on Amazon TODAY! (https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp)
2. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
3. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)

IN THIS EPISODE

The HMO Experience Property Podcast team celebrate their one year anniversary, thanks to you - all of our listeners (and watchers)!

Your host Matt Harris breaks down the previous 52 episodes (See Key Takeaways) before Jamie Madill, Steve Mitchell and Matt recap their best bits from the previous 52 episodes.

All three answers questions from The HMO Experience community before announcing two AMAZING opportunities for all listeners:

1. An Anniversary Bundle of Free Resources for everybody who  subscribes to The HMO Experience Property Podcast YouTube channel between 16 - 22 November 2020! Head over and subscribe HERE!
2. The chance to win a FREE Mastermind session for 5 lucky listeners who subscribe to the podcast on their favourite platform and post a screenshot of their subscription on The HMO Experience Property Podcast Facebook page in the next 48 hours!! The winners will be announced on Facebook Live at 1pm  on Wednesday 18th November 2020!

Make sure you tune to celebrate this anniversary and get in with the chance of winning some amazing prizes!

EPISODE HIGHLIGHTS

Introduction [00:00 – 04:30]

An Unusual First Year [04:30 – 09:00]

Jamie Best Bits [09:00 – 22:00]

Steve Best Bits [22:00 – 31:47]

Matt Best Bits [31:47 – 44:50}

Q&A From You [44:50 – 45:35]

Big Give Away [62:29 – 69:15]

#StevesFinalWord [69:15 – 71:56]

#JamieLastComment [71:56 – 75:05]

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

Make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HMO EXPERIENCE

• Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
• Follow Us on Facebook - https://www.facebook.com/thehmoexperience
• Join us online EVERY Third Wednesday of the - https://www.facebook.com/ProgressivePropertyStPancras/

1. Buy Jamie’s new book, “The HMO Blueprint” on Amazon TODAY! (https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp)
2. The HMO Experience Website (http://www.thehmoexperience.co.uk/)
3. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
4. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
5. Find out more about Wealth Dynamics (https://www.wealthdynamics.com/)

IN THIS EPISODE

Your host Matt Harris chats with Jamie Madill about the fourth biggest challenge that you guys in The HMO Experience community have highlighted - not having any time for HMO property investing!!

In this episode Matt and Jamie cover everything from mind-set, where + how you can find some extra time, finding the right people to work with and identifying joining venture partners you can leverage to help you along your HMO property investing journey.

EPISODE HIGHLIGHTS

Introduction [00:00 – 04:20]

Transitioning Into Property [04:20 – 08:40]

If I Knew Then What I Know Now [08:40 – 13:25]

Time Management is the Key [13:25 – 17:07]

Focusing On The Critical Stuff [17:07 – 21:50]

Leveraging Other People & Skills [21:50 - 25:30]

Identifying Potential Business Partners [25:30 – 40:30]

Jamie’s Last Comment [40:30 – 43:49]

KEY TAKEAWAYS

1. Moving into property full time takes planning, managing your time and self-motivation.
2. Analyse your time to identify what you actually do during the day. You can colour code the activity to see what you’re spending time on.
3. Identify what time can be dropped or swapped and re-allocated to your property actions.
4. There are unlimited resources out there to help you get the knowledge. Leverage free resources first before you start investing in your property journey.

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

Make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HMO EXPERIENCE

• Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
• Follow Us on Facebook - https://www.facebook.com/thehmoexperience

Join us online EVERY Third Wednesday of the - https://www.facebook.com/ProgressivePropertyStPancras/

CONNECT WITH THE HOSTS

Matt Harris - https://linktr.ee/iammattharris

Jamie Madill - https://www.facebook.com/jamiemadillproperty/

1. The HMO Experience Website (http://www.thehmoexperience.co.uk/)
2. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
3. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)

IN THIS EPISODE

Your host Jamie Madill interviews Marc Champ about Marc’s journey from Lloyds Bank to setting up his own brokerage Wharf Financial. Marc is a longtime contributor to The HMO Experience community and has helped provide access to a range of facilities including development finance, bridging loans and residential + commercial property finance whilst delivering exemplary services to all of his clients.

If you want the lowdown on an exceptional financial solutions provider, make sure you check out this episode of The HMO Experience Property Podcast.

EPISODE HIGHLIGHTS

Introduction [00:00 – 01:45]

Getting into Finance [01:45 – 06:50

Old Banks & Challenger Banks [06:50 – 18:07]

Stepping Out Into The Light [18:07 – 32:10]

Packaging Up & Presenting [32:10 – 36:40]

Growing & Scaling in Uncertain Times [36:40 – 39:25]

How Can A Broker Help You? [39:25 – 42:00]

Random Questions [42:00 – 46:12]

KEY TAKEAWAYS

1. If you have a good track record lenders will give better rates so protect your financial reputation
2. A great broker will search the market to find the best finance solution for the project.
3. In uncertain markets don’t over borrow and take sensible financial decisions
4. Always deal with professionals and research your team to ensure they have the relevant experience

BEST MOMENTS

• “History often repeats itself so if you want an idea of how things pan out take a look at the past”
• “Banks & lenders are like boats, trying to get things changed takes time”
• “It’s very rare that we can’t help a client find a suitable finance solution”

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

Make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HMO EXPERIENCE

• Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
• Follow Us on Facebook - https://www.facebook.com/thehmoexperience

CONNECT WITH THE HOSTS

Matt Harris - https://linktr.ee/iammattharris

Jamie Madill - https://www.facebook.com/jamiemadillproperty/

Steve Mitchell - https://www.facebook.com/vivocolettings

1. Buy Jamie’s new book, “The HMO Blueprint” on Amazon TODAY! (https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp)
2. The HMO Experience Website (http://www.thehmoexperience.co.uk/)
3. Download the 11 Steps to Running a Successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
4. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)

IN THIS EPISODE

Your host  Matt Harris interviews co-host Jamie Madill about the launch of his new book - “The HMO Blueprint” in celebration of the 50th episode of The HMO Experience Property Podcast.

Jamie talks about his journey over the last 7 years of  HMO property  investing and how that lead to the writing of this book, the benefits that readers will get from reading it - including his 4F model and the secrets to scaling up your HMO property business and the amazing launch day bonuses that are available if you buy the book today (26th October 2020!).

Don’t miss this fantastic episode and make sure you head over to “The HMO Blueprint” book launch site to buy your copy today :)

KEY TAKEAWAYS

1. Buy The HMO Blueprint
2. Read The HMO Blueprint
3. Implement The HMO Blueprint
4. Leave a review on Amazon for The HMO Blueprint
5. Subscribe to The HMO Experience Property Podcast!

THE HMO BLUEPRINT BOOK LAUNCH ON 26TH OCTOBER 2020

Jamie Madill, co-host of The HMO Experience Property Podcast, is launching his brand new book “The HMO Blueprint” TODAY and you could win some amazing prizes by buying the book on Amazon - https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

Make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HMO EXPERIENCE

• Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
• Follow Us on Facebook - https://www.facebook.com/thehmoexperience
• Join us online EVERY Third Wednesday of the - https://www.facebook.com/ProgressivePropertyStPancras/

CONNECT WITH THE HOSTS

Matt Harris - https://linktr.ee/iammattharris

Jamie Madill - https://www.facebook.com/jamiemadillproperty/

1. Sign up to the pre-launch notification list for Jamie’s new book, “The HMO Blueprint” here (https://www.thehmoblueprint.co.uk/hmobook)
2. The HMO Experience Website (http://www.thehmoexperience.co.uk/)
3. Download How to find your First HMO Property and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
4. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)

IN THIS EPISODE

Your hosts Steve Mitchell kicks off our “Seasoned Investor” series with an interview with Alex Sapala - former corporate banker turned property investor.

Alex chats about his background in corporate banking and how he ended up choosing property investing to achieve financial freedom. He also explains why there has to be a value exchange when forming a joint venture and why training was an important part of his evolution as a property investor.

Don’t miss this fantastic episode and make sure you head over to our website to download The Ultimate Guide to Funding your HMO Property Business as an accompaniment to this episode as well.

EPISODE HIGHLIGHTS

Introduction [00:00 – 01:58]

City Hustling [01:58 – 06:10]

Working Out My Big Why [06:10 – 08:47]

Dipping My Toes Into Property [08:47 – 12:40]

Starting Out With Property Investing [12:40 – 15:20]

Transitioning into HMO property [15:20 – 20:00]

Putting Knowledge Into Practise {20:00 - 30:36]

KEY TAKEAWAYS

1. Spend time focusing on what your big why is to help frame your life journey
2. There are people in property who have money but not time then you can sell your solutions to others but only of you have the knowledge
3. Always have a Plan B if your Plan A doesn’t materialise
4. Implement your systems at the beginning of your journey. It' so much easier

BEST MOMENTS

• “You don’t really have control of where your career goes…so I wanted to take control of my earnings into my own hands”

The HMO Blueprint book launch on 26th October 2020

Jamie Madill, co-host of The HMO Experience Property Podcast, is about to launch his brand new book “The HMO Blueprint” and you could win some amazing prizes if you hop onto our pre-launch notification list.

So get on the launch list right now and we’ll see you on launch day! https://www.thehmoblueprint.co.uk/hmobook

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

Make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HMO EXPERIENCE

• Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
• Follow Us on Facebook - https://www.facebook.com/thehmoexperience

1. Sign up to the pre-launch notification list for Jamie’s new book, “The HMO Blueprint” here (https://www.thehmoblueprint.co.uk/hmobook)
   
2. The HMO Experience Website (http://www.thehmoexperience.co.uk/)
   
3. Download How to find your First HMO Property and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
   
4. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
   

IN THIS EPISODE

Your hosts Matt Harris and Jamie Madill tackle the third biggest challenge identified in The HMO Experience community - how to fund your first HMO property deal! It’s all well and good building the knowledge and finding your first property, but how do you finance your first deal once you’ve done all the hard work?

Don’t forget to download The Ultimate Guide to Funding your HMO Property Business as an accompaniment to this episode as well.

EPISODE HIGHLIGHTS

Introduction [00:00 – 03:30]

Using Your Own Cash - [03:30 – 09:13]

Leveraging Bank Lending [09:13 – 26:15]

Bridging Loans [26:15 – 34:15]

Working With Joint Venture Partners – [34:15 – 45:00]

Jamie’s Last Word [45:00 – 48:04]

KEY TAKEAWAYS

1. Using your own cash where you can is the most cost effective way of purchasing property, as you don’t have the interest cost to fund.
2. Independent finance brokers have access to whole of market products. Your broker needs to be flexible and creative to ensure that you get the best finance options
3. If you’re going to work with other peoples money ensure that you understand the FCA requirements so you don’t get into trouble

BEST MOMENTS

• “Money is relatively cheap right now so check out the best rates you can get by leveraging your broker”
• “When using bank finance ensure that you have access to a really good independent finance broker"
• “Use cash where you can as it’s the most cost effective way to finance your projects”

The HMO Blueprint book launch on 26th October 2020

Jamie Madill, co-host of The HMO Experience Property Podcast, is about to launch his brand new book “The HMO Blueprint” and you could win some amazing prizes if you hop onto our pre-launch notification list.

So get on the launch list right now and we’ll see you on launch day! https://www.thehmoblueprint.co.uk/hmobook

CONNECT WITH THE HMO EXPERIENCE

• Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
  
• Follow Us on Facebook - https://www.facebook.com/thehmoexperience

CONNECT WITH THE HOSTS

Matt Harris - https://linktr.ee/iammattharris

Jamie Madill - https://www.facebook.com/jamiemadillproperty/

1. Sign up to the pre-launch notification list for Jamie’s new book, “The HMO Blueprint”  here (https://www.thehmoblueprint.co.uk/hmoboo
2. The HMO Experience Website (http://www.thehmoexperience.co.uk/)
3. Download How to find your First HMO Property and other FREE RESOURCES     (http://www.thehmoexperience.co.uk/resources-page)
4. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)

IN THIS EPISODE

Your hosts Matt Harris and Jamie Madill continue the theme of finding your first or next property, but this time for purchase and to convert into an HMO. If you’re thinking about buying and converting into HMO but are stuck with where to find the right property, this episode of The HMO Experience Property Podcast is the one for you!

Don’t forget to download How to find your First HMO Property as an accompaniment to this episode as well.

EPISODE HIGHLIGHTS

Introduction [00:00 – 03:34]

How to Find a Deal to Purchase [03:34 – 12:40

Dealing with Property Sourcing Companies [12:40 – 15:10]

Leveraging Agents to Find Deals [15:10 – 23:37]

Going Direct To Property Owners [23:37 – 30:25]

Jamie’s Last Comments [30:25 – 34:38]

KEY TAKEAWAYS

1. Set up your online property portal alerts & notifications to get instant opportunities delivered to your inbox.
2. Ensure you understand what your perfect deal criteria is. Knowing how a property squares up against your      perfect criteria will help your decision making process.
3. If you’re going to use a sourcing or dealing packaging company ensure you complete your own due diligence.      Don’t rely on the numbers presented as being correct.

BEST MOMENTS

• “I like to look at deal sourcers packages to check them out…. but always do your own due diligence”
• "We record all the properties that fit our deal criteria and enter them into our pipeline to follow up at a later date.”

The HMO Blueprint book launch on 26th October 2020

Jamie Madill, co-host of The HMO Experience Property Podcast, is about to launch his brand new book “The HMO Blueprint” and you could win some amazing prizes if you hop onto our pre-launch notification list.

So get on the launch list right now and we’ll see you on launch day! https://www.thehmoblueprint.co.uk/hmobook

“We try and differentiate ourselves to make us memorable….we go in regularly and build rapport withagents.”

• Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
• Follow Us on Facebook - https://www.facebook.com/thehmoexperience

CONNECT WITH THE HOSTS

Matt Harris - https://linktr.ee/iammattharris

Jamie Madill - https://www.facebook.com/jamiemadillproperty/

So get on the launch list right now and we’ll see you on launch day! https://www.thehmoblueprint.co.uk/hmobook

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

Make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HMO EXPERIENCE

· Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured

· Follow Us on Facebook - https://www.facebook.com/thehmoexperience

· Join us online EVERY Third Wednesday of the - https://www.facebook.com/ProgressivePropertyStPancras/

CONNECT WITH THE HOSTS

Matt Harris - https://linktr.ee/iammattharris

Jamie Madill - https://www.facebook.com/jamiemadillproperty/

1. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
2. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
3. Sign up for your Property Money Machine online training + your amazing bonuses RIGHT HERE (https://www.hmotraininglondon.com/hmoexperiencepmm)

IN THIS EPISODE

Steve Mitchell chats with former BBC Broadcaster, Cambridge Graduate and Equity Property Millionaire, David Clouter. David shares how he became an accidental landlord 33 years ago when he had his first rent-to-rent.

If you’re interested in finding out about the benefits of a long term investment strategy in HMO properties from an experienced investor, listen to this episode!

EPISODE HIGHLIGHTS

Introduction [00:00 – 02:18]

How I got started in property [02:18 – 06:50]

Property cycles & buying property [06:50 – 09:30]

The shared economy [09:30 – 13:50]

It’s about quality & flexibility [13:50 – 18:10]

The future of the shared economy [18:10 – 26:05]

KEY TAKEAWAYS

1. HMO property has been around for a long time. They are not a new strategy. What has changed over time is the quality of accommodation and the level of service provided
2. The rise of the shared economy has serviced changes in the wider economy. Offering a service that suits
3. The standard of property and level service is now critical to succeeding in the HMO market. Graduates who have experienced quality university accommodation won’t settle for inferior quality so you have to constantly ensure your property is well presented.
4. HMO accommodation provides a cost effective solution that will continue to prosper as the cost of living increases and wages can’t keep up. Providing an all inclusive rent option is very attractive to people who require flexibility in their work and personal lives

BEST MOMENTS

• “People will pay a premium for flexibility; the whole shared economy will grow and grow.”
• “The HMO model has been re-invented from dingy bedsits to modern design led rooms”
• "It’s a great time to invest in the shared economy & environment as it becomes a global trend”

If you enjoyed this episode of The HMO Experience Property Podcast, make sure you rate & review the podcast HERE - thank you :)

• Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
• Follow Us on Facebook - https://www.facebook.com/thehmoexperience
• Join us online EVERY Third Wednesday of the - https://www.facebook.com/ProgressivePropertyStPancras/

CONNECT WITH THE HOSTS

Steve Mitchell - https://www.facebook.com/vivocolettings

1. The HMO Experience Website (http://www.thehmoexperience.co.uk/)
2. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
3. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)

IN THIS EPISODE

Steve Mitchell kicks off the #RisingStar series on The HMO Experience Property Podcast by having a chat with Steffan Gaisie about life after professional football, launching a wine business and educating himself before starting his HMO experience with rent to rent property portfolio in South West London.

Tune in to this episode as Steffan shares his story and how with the right guidance, resources and support, you can start your own HMO experience too!

EPISODE HIGHLIGHTS

• Introduction [00:00 – 02:00
• Time before property [02:00 – 08:30]
• Getting the knowledge [08:30 – 11:50]
• Choosing a strategy [11:50 – 14:00]
• A dose of reality and London buses [14:00 – 20:30]
• The feeling of achievement [20:30 – 25:00]
• The future [25:00 – 29:00]
• Rapid fire questions [29:00 – 33:21]

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

Make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HMO EXPERIENCE

• Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
• Follow Us on Facebook - https://www.facebook.com/thehmoexperience
• Join us online EVERY Third Wednesday of the - https://www.facebook.com/ProgressivePropertyStPancras/

CONNECT WITH THE HOSTS

Matt Harris - https://linktr.ee/iammattharris

Steve Mitchell - https://www.facebook.com/vivocolettings

1. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
2. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
3. Sign up for your Property Money Machine online training + your amazing bonuses RIGHT HERE (https://www.hmotraininglondon.com/hmoexperiencepmm)

IN THIS EPISODE

Your podcast hosts Matt Harris and Jamie Madill tackle the second biggest challenge raised by the The HMO Experience community, which is how to actually start your HMO property journey!

One thing that most people fail to do is plan what they want to achieve in the first 12/24 months, how to convert that plan into actionable steps and what resources they need or already have available to them.

If you’re stuck on how or where to start your own HMO experience, then this is definitely the episode you need to listen to!

EPISODE HIGHLIGHTS

Introduction [00:00 – 02:10]

What is the next step once you have your knowledge? [02:10 – 10:50]

Knowledge is not power [10:50 – 15:00]

Procrastination [15:00 – 19:06]

Who is holding you accountable? [19:06 – 23:10]

What goes around comes around [23:10 – 30:27]

KEY TAKEAWAYS

1. Work backwards. Once you have worked out how much income you need/want then divide the potential net monthly income of one house into your number and that is the number of property you need.
2. Break your actions down into manageable chunks. Don’t plan the whole year just focus on the next 90 days and then break that down into monthly, weekly and daily tasks.
3. Procrastination is a killer. The more you put yourself in the way of opportunity the luckier you will be. It’s impossible not to succeed if you focus on taking action.
4. Go for no. Don’t be afraid of rejection. It’s almost a certainty. No doesn’t necessarily mean no. It means not right now.

BEST MOMENTS

• “The one thing I regret is to read less and implement more.”
• “Knowledge is not power. It’s potential power. To know and not to do is not to know”
• “Do whatever you can consistently. As soon as you stop you lose momentum”

If you enjoyed this episode of The HMO Experience Property Podcast, make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HMO EXPERIENCE

• Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
• Follow Us on Facebook - https://www.facebook.com/thehmoexperience
• Join us online EVERY Third Wednesday of the - https://www.facebook.com/ProgressivePropertyStPancras/

CONNECT WITH THE HOSTS

Matt Harris - https://linktr.ee/iammattharris

Jamie Madill - https://www.facebook.com/jamiemadillproperty/

1. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
2. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
3. Sign up for your Property Money Machine online training + your amazing bonuses RIGHT HERE (https://www.hmotraininglondon.com/hmoexperiencepmm)

IN THIS EPISODE:

Your podcast hosts Matt Harris and Jamie Madill tackle one of the main challenges The HMO Experience community face when starting out with property investing journey - a lack of knowledge!

If you’re looking to start or have recently started your own HMO experience, do you know what you want to do? Do you know how you want to get there? Most importantly, how are you educating yourself and what resources are you using to learn more about HMO property investing?

These are just some of the question we answer on this episode of The HMO Experience Property Podcast!

EPISODE HIGHLIGHTS

Introduction [00:00 – 03:27]

Decide what it is that you want [03:27 - 09:36]

Finding Free Information [09:36 – 15:18]

The Difference Between Learning & Doing [15:18 – 25:30]

Investing in Your Education [25:30 – 31:02]

Jamies’ Last Word – [31:02 – 36:14]

KEY TAKEAWAYS

1. Research your chosen path. There are lots of free resources online; e-books, video, event discovery days that are no cost or low cost sources of information. So kick off your knowledge acquisition with free information before you start paying for information.
2. The reality is that your individual journey will be different to yours; either buying HMO or doing Rent2HMO. Having access to people who have travelled the road before you will help navigate any bumps you may face.
3. Investing in your education will give you more detailed information. Ensure that you work with people who have succeeded; and failed, in the HMO market so you can learn the positives and the negatives
4. Lack of knowledge or getting the wrong knowledge could put you in a difficult position. Ensure that you cross check your information to make sure the information you are receiving is correct and valid. Leveraging multiple sources of information is vital to embed your learning

If you enjoyed this episode of The HMO Experience Property Podcast, make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HMO EXPERIENCE

• Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
• Follow Us on Facebook - https://www.facebook.com/thehmoexperience
• Join us online EVERY Third Wednesday of the 

CONNECT WITH THE HOSTS

Matt Harris - https://linktr.ee/iammattharris

Jamie Madill - https://www.facebook.com/jamiemadillproperty/

1. The HMO Experience Website (http://www.thehmoexperience.co.uk/)
2. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
3. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)

IN THIS EPISODE

Your podcast hosts Matt Harris of MiRentCo London and Jamie Madill of Jamie Madill Property take a deep dive into investor compliance and the key things you need to be aware of when starting to work with prospective investors.

From FCA Regulations to the difference between joint venture & loan agreement, if you’re about to start working with your first investor then this episode of The HMO Experience Property Podcast is definitely one for you.

EPISODE HIGHLIGHTS

Introduction [00:00 – 05:32]

Types of Investors & How You can Work With Them [05:32 – 13:00]

Your Investor Checks and Documentation [13:00 – 16:45]

Types of Security You Can Offer for Funding [16:45 – 22:10]

Structuring Your Joint Ventures [22:10 – 34:27]

#JLC - Jamies Last Comment - [34:27 – 38:16]

KEY TAKEAWAYS

1. Working with funds from third parties is a regulated activity in the UK overseen by the FCA. Check out their website www.fca.org
2. Unsophisticated lenders are limited to loan arrangements in the UK. This is because it is generally accepted that the concept of a loan is widely understand. 
3. Sophisticated lenders can enter into profit share arrangements because it is generally accepted that they have a greater understanding of risk and reward as well as loan arrangements
4. When entering into any financial arrangement it is hight recommended that it is correctly documented just in case things go wrong. The cost of not having an appropriate legal document to cover most eventualities could run into the hundreds of thousands of pounds. Get a solicitor to do this for you.
5. Most private lenders will want security in place in the event that the loan defaults. If you are also taking our bank lending then a first charge won’t be available. Alternative security could be offered in the form of a restriction, 2nd charge or personal guarantee

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

Make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HMO EXPERIENCE

• Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
• Follow Us on Facebook - https://www.facebook.com/thehmoexperience
• Join us online EVERY Third Wednesday of the - https://www.facebook.com/ProgressivePropertyStPancras/

CONNECT WITH THE HOSTS

Matt Harris - https://linktr.ee/iammattharris

Jamie Madill - https://www.facebook.com/jamiemadillproperty/