056 | Jamie Madill & The Property Sourcing Profits Podcast - a podcast by The HMO Experience
from 2021-02-01T10:00
RESOURCE LINK
- Buy Jamie’s new book, “The HMO Blueprint” on Amazon TODAY! (https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp)
- Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
- 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
- Make sure you know what the local HMO minimum requirements are for your area
- Investors are not buying a property form you, they are buying the end result.
- Always, Always, Always check out the build team that you’re working with by checking their work and getting references
- Structure your business according to your needs. Are you going mass market or buy to order?
- 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 :)
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CONNECT WITH THE HOSTS
Jamie Madill - https://www.facebook.com/jamiemadillproperty/
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