HMOPP #22: Chris Peel, 4 Years, 29 HMOs and 145 Tenants 🎤

From Management Consultant to Successful HMO Investor.

Chris has been investing in HMOs for almost 4 years now, he’s been involved with 29 HMO projects, currently housing 145 tenants himself.

Subscribe

Apple | Google | Spotify | SoundCloud | RadioPublic | ListenNotes | PlayerFM | Anchor

Sponsors

the HMO Mortgage Broker

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

www.theHMOMortgageBroker.co.uk

Resources Mentioned

The HMO Property Group

Show Notes

Life Before HMO Property
[01:25] Was working in a corporate world.
Entry to HMO Investing
[03:13] Got inspired by another HMO investor at the property event.
Holding Back From HMOs
[05:40]  Was’t sure he will be able to focus on HMOs.
Summary of 1st HMO Deal
[07:15]  A deal signed in a pub.
HMOs, Life-changing?
[13:20]  Much more free time.
Favourite Part of HMO Property
[14:14]  Maximising the income.
Current Portfolio
[16:23]  29 HMOs across Birmingham, Coventry, Bedford, and others.
Best HMO Investment & Why
[20:00]  18-bed rent-to-rent deal.
HMO Mistake
[23:41] Choosing the wrong agent.
12 Month Portfolio Plans
[25:36]  More concentration on the b2b world, and get more HMO projects across UK.
Outside of HMO Investing
[28:06] Run training business.
Advice for Current HMO Investors
[29:38]  Tenancy referencing works great.
Advice to New HMO Investors
[32:58]  Know the numbers.