From a Sales Manager to an HMO Investor.
Lee is an expert in the purchase, refurbishment and set up of HMO. He has specialist expertise in Property Development, Property Management & Lettings in South West London. As the Managing Director of urbanhome and a landlord of Professional HMO’s, he has an amazing team who are passionate about delivering a top class landlord and tenant experience.
The UK’s #1 Specialist for HMO Mortgages, HMO ReMortgages & HMO Bridging Finance.
HMO Lending Made Easy.
Life Before HMO Property
[01:25] Was working as a sales manager.
Entry to HMO Investing
[04:19] Got inspired by wife, who was working in property design.
Holding Back From HMOs
[06:26]Nothing was holding us back because we were actively searching for good deals.
Summary of 1st HMO Deal
[07:56] Ex-local authority townhouse.
[10:44] Yes, life is different now.
Favorite Part of HMO Property
[11:42] Working with people.
[13:51] Five HMOs, five and six bedrooms.
Best HMO Investment & Why
[17:15] The last project, three-storey house with professional tenants.
[20:58] Choosing the wrong tenant.
12 Month Portfolio Plans
[25:48] Continue to grow up the business working with good landlords.
Outside of HMO Investing
[26:55] Helping people with property acquisitions.
Advice for Current HMO Investors
[28:27] Surround yourself with good people and get advice.
Advice to New HMO Investors
[38:37] Analyze all the risks and just start the action.
Connect with Lee
Facebook – Lee Dumbarton