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The HMO Experience Property Podcast
The HMO Experience
91 episodes
1 week ago
Unsure about how to generate income from Rent2Rent HMO or investing in HMO property? The HMO Experience Property Podcast will help. Listeners love the knowledgeable & entertaining way Matt Harris, Jamie Madill and Steve Mitchell bring you practical advice about how to start and scale your own HMO property business so that you can create job-replacing income. Matt, Jamie and Steve share their expertise & experiences in applying Rent2Rent and HMO property investing tactics that will help you generate income fast and gain financial freedom with your own portfolio of HMO properties.
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All content for The HMO Experience Property Podcast is the property of The HMO Experience and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Unsure about how to generate income from Rent2Rent HMO or investing in HMO property? The HMO Experience Property Podcast will help. Listeners love the knowledgeable & entertaining way Matt Harris, Jamie Madill and Steve Mitchell bring you practical advice about how to start and scale your own HMO property business so that you can create job-replacing income. Matt, Jamie and Steve share their expertise & experiences in applying Rent2Rent and HMO property investing tactics that will help you generate income fast and gain financial freedom with your own portfolio of HMO properties.
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Investing
Business
Episodes (20/91)
The HMO Experience Property Podcast
Five Minute Friday 009 | You NEED TO do this to get your Offer Accepted or a HMO Property!

LIVE SHOWS

  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

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4 years ago
6 minutes 42 seconds

The HMO Experience Property Podcast
Cutting off the head of a snake & blowing up it's body, Universal Credit, Weed and SpareRoom | The HMO Diaries 005

The HMO Diaries are live every Monday at 5.15pm on:

  • 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

Show more...
4 years ago
37 minutes 28 seconds

The HMO Experience Property Podcast
076 | “I didn’t want to have all my eggs in one basket if the market ever changed” - Interview with Josh Guest, #RisingStars Series

RESOURCE LINK

  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

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4 years ago
43 minutes 5 seconds

The HMO Experience Property Podcast
Five Minute Friday 008 | The ESSENTIAL viewing tips for Buying a HMO Property

LIVE SHOWS

  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

Show more...
4 years ago
5 minutes 58 seconds

The HMO Experience Property Podcast
075 | “The Grand Plan” - Jamie Madill interview on Your Property Podcast

RESOURCE LINK

  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/

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4 years ago
52 minutes 55 seconds

The HMO Experience Property Podcast
Five Minute Friday 007 | The 5 Essential Steps YOU NEED TO KNOW for your Rent2Rent Property Viewing

LIVE SHOWS

  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

Show more...
4 years ago
5 minutes 55 seconds

The HMO Experience Property Podcast
074 | “HMOs just fitted with what we were trying to achieve in terms of cashflow" - Interview with Richard + Becky Stretton #RisingStars Series

RESOURCE LINK

  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/

Show more...
4 years ago
57 minutes 47 seconds

The HMO Experience Property Podcast
Five Minute Friday 006 | The 3 BEST WAYS to find HMO Property

LIVE SHOWS

  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

Show more...
4 years ago
5 minutes 50 seconds

The HMO Experience Property Podcast
073 | Rent to Rent #HMOHacks to getting started in 2021!

RESOURCE LINKS

  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/

Show more...
4 years ago
42 minutes 50 seconds

The HMO Experience Property Podcast
Five Minute Friday 004 | The 11 Steps to Running Your HMO Business

LIVE SHOWS

  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

Show more...
4 years ago
5 minutes 42 seconds

The HMO Experience Property Podcast
THE POLICE!!! Parties, Dealing with Agents, Article 4 and HMO Licensing | | The HMO Diaries 004

The HMO Diaries are live every Monday at 5.15pm on:

  • 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

Show more...
4 years ago
1 hour 16 minutes 46 seconds

The HMO Experience Property Podcast
072 | Why HMO IS the best Property Investing Strategy?

RESOURCE LINK

  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

Show more...
4 years ago
39 minutes 47 seconds

The HMO Experience Property Podcast
Five Minute Friday 003 | The 4 Things you MUST KNOW about HMOs!

LIVE SHOWS

  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

Show more...
4 years ago
4 minutes 57 seconds

The HMO Experience Property Podcast
Room Advertising, Management Agreements, Company Lets and Commercial Leases | The HMO Diaries 003

The HMO Diaries are live every Monday at 5.15pm on:

  • 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

Show more...
4 years ago
23 minutes 34 seconds

The HMO Experience Property Podcast
071 | Rent to Rent - Doing it RIGHT (NOW) ;)

071 |  Rent to Rent - Doing it RIGHT (NOW) ;)

RESOURCE LINK

  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

Show more...
4 years ago
32 minutes 21 seconds

The HMO Experience Property Podcast
Five Minute Friday 002 | What is Rent to Rent?

LIVE SHOWS

  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

Show more...
4 years ago
5 minutes 31 seconds

The HMO Experience Property Podcast
5 burly men in your HMO, Cleaning Services, Insurance + Mortgage Contracts and Deal Analysis | The HMO Diaries 002

The HMO Diaries are live every Monday at 5.15pm on:

  • 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

Show more...
4 years ago
49 minutes 42 seconds

The HMO Experience Property Podcast
070 | Give Me BACK My House!

RESOURCE LINK

  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

Show more...
4 years ago
59 minutes 27 seconds

The HMO Experience Property Podcast
Five Minute Friday 001 | Demystifying HMOs So You Can Build Your Property Wealth

LIVE SHOWS

  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

Show more...
4 years ago
5 minutes 48 seconds

The HMO Experience Property Podcast
Energy Consumption, Selling Rooms, HMO Management, Voids + Sustainability | The HMO Diaries 002

The HMO Diaries are live every Monday at 5.15pm on:

  • 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

Show more...
4 years ago
30 minutes 14 seconds

The HMO Experience Property Podcast
Unsure about how to generate income from Rent2Rent HMO or investing in HMO property? The HMO Experience Property Podcast will help. Listeners love the knowledgeable & entertaining way Matt Harris, Jamie Madill and Steve Mitchell bring you practical advice about how to start and scale your own HMO property business so that you can create job-replacing income. Matt, Jamie and Steve share their expertise & experiences in applying Rent2Rent and HMO property investing tactics that will help you generate income fast and gain financial freedom with your own portfolio of HMO properties.