Episode 21 - HMOs - Still a Good Idea?

If you decide to put aside the rules, regulations and occasional crises that occur in the property industry, you’ll see how important HMOs really are in our society. In today's episode, you'll understand how you can make a nice amount of cash-flow despite all the utility bills. I'll also talk about the different ways you can gain from buying HMOs and what you risk losing while at it.

What You Will Learn In This Episode:

- The benefits of HMOs for landlords and tenants

- How HMOs can impact your long-term portfolio

- The downsides to having HMOs 

- Useful tips for setting up your own HMO

The moment you figure out how the HMO concept works, you'll see how important it is and how you can enjoy it in the long run. When you take the time to decide what you want out of it, you need to act responsibly to achieve your goal. Ignore all the negative comments others have about it, and study how best you can set up your own HMO while surrounding yourself with fellow owners so you can learn from them as well.

Resources:

Download my Property Business Checklist at https://www.rachaeltroughton.com/checklist 

Find me on Instagram https://www.instagram.com/rachael troughton