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.
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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.
[13:20] Much more free time.
Favourite Part of HMO Property
[14:14] Maximising the income.
[16:23] 29 HMOs across Birmingham, Coventry, Bedford, and others.
Best HMO Investment & Why
[20:00] 18-bed rent-to-rent deal.
[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.