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From Roadside Mechanic to a Successful HMO Investor.

John has been investing in HMOs for some three years now, he’s been involved with 65 HMO projects, currently housing over 263 tenants.

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Resources Mentioned

Dr. John Demartini - The Values Factor

Dr. John Demartini – The Values Factor

Show Notes

Life Before HMO Property
[01:35] Worked as a mechanical engineer.
Entry to HMO Investing
[06:20] Got inspired by a friend who was a property investor.
Holding Back From HMOs
[09:29] Only a lack of knowledge.
Summary of 1st HMO Deal
[10:19] En-suite Victorian terrace HMO.
HMOs, Life-changing?
[11:50] Gave time flexibility.
Favourite Part of HMO Property
[12:54] Getting positive results.
Current Portfolio
[14:56] 7-bed HMO, 11-bed HMO, 17-bed HMO and a lot more.
Best HMO Investment & Why
[16:32] The one working on now.
HMO Mistake
[18:14] Underestimated the conversion cost.
12 Month Portfolio Plans
[21:27] Continue converting.
Outside the HMO
[22:51] Creating the community.
Advice for Current HMO Investors
[24:10] Sit tight if your cash-flow is good.
Advice to New HMO Investors
[24:53] Make sure all your documents are in place.  

 

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