HMO Property Podcast #6 with Nick Leatherland

From Navy directly to HMO Investment.


Nick is the director of the award-winning property development company Pegasus Property Group based in Staffordshire, and Cheshire. Nick brings his systematization, organization, marketing, sales, and investment knowledge to the team and is currently spearheading a growth model that will see Pegasus Property as a nationally recognized brand for quality.


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Sponsors

TheHMOMortgageBroker.co.uk
The UK’s #1 Specialist for HMO Mortgages, HMO ReMortgages & HMO Bridging Finance.
HMO Lending Made Easy.

Resources Mentioned


Show Notes

Life Before HMO Property
[01:15] Was a musician and was in a navy before HMO business.
Entry to HMO Investing
[02:40] Got inspired by mom.
Holding Back From HMOs
[04:27] Nothing at all.
Summary of 1st HMO Deal
[05:52] 3 bedroom HMO, £ 75 000 worth, next to the hospital.
HMOs, Life changing?
[09:26] Gave amazing income and freedom to quit work.
Favorite Part of HMO Property
[12:55] The whole process from the refurbishment to a deal.
Current Portfolio
[15:01] 2 residential and 1 big commercial property.
Best HMO Investment & Why
[19:12] 32 bedroom HMO in a great location.
HMO Mistake
[30:42] The most important thing is how you resolve those mistakes.
12 Month Portfolio Plans
[34:35] To do the biggest HMO in the city.
Outside of HMO Investing
[35:16] Unity groups.
Advice for Current HMO Investors
[38:15] Learn about the market as much as you can.
Advice to New HMO Investors

[38:37] Be attentive with numbers, things cost more than you think.


Connect with Nick

Facebook – Nick Leatherland
Website – Pegasus Property Group
Website – Unity Project

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About the Podcast Host

Rupert Wallace

property entrepreneur developing digital & tangible real estate assets