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From an Engineer to Successful HMO Investor.

Alex has been investing in HMOs for some 18 months now, he’s been involved with two HMO projects, currently housing 16 tenants himself.

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Resources Mentioned

Rich Dad Poor Dad

Rich Dad Poor Dad – Robert Kiyosaki

Show Notes

Life Before HMO Property
[01:14 ] Worked as an engineer at a power station
Entry to HMO Investing
[04:55] Inspired by the HMO course.
Holding Back From HMOs
[08:55] Was afraid of changes.
Summary of 1st HMO Deal
[10:20] 4-bedroom HMO converted into 7-bedroom HMO.
HMOs, Life-changing?
[13:17] Opened my life to a lot more areas of income.
Favourite Part of HMO Property
[15:20] Getting new connections with other investors.
Current Portfolio
[17:06] Different semi-detached and bungalow HMOs.
Best HMO Investment & Why
[20:33] The first one is the best one.
HMO Mistake
[21:06] Not asking questions when needed.
12 Month Portfolio Plans
[23:27] To have 10 HMOs in total.
Advice to New HMO Investors
[25:19] Get as much knowledge as you can.
Outside the HMO
[29:09] Charity work.  

 

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