HMOPP #23: Miles Pattison-Appleton, 4 Years, 28 HMOs and 129 Tenants 🎤

From Student to Successful HMO Investor.

Miles has been investing in HMOs for some 4 years now, he’s been involved with 28 HMO projects, currently housing 129 tenants himself.

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Resources Mentioned

Elon Musk

The Life Lessons & Rules for Success

Show Notes

Life Before HMO Property
[01:28] Was studying real estate management at the university then bought his first property.
Entry to HMO Investing
[04:17] Continued HMO path after parents.
Holding Back From HMOs
[06:56] No income and young age.
Summary of 1st HMO Deal
[08:23]  4-storeys big family house.
HMOs, Life-changing?
[12:11] Gave complete freedom.
Favourite Part of HMO Property
[14:17] Finding deals and putting them together.
Current Portfolio
[17:10] 122 rooms in different properties.
Best HMO Investment & Why
[18:39]  1960-s house with great cashflow.
HMO Mistake
[20:11] Borrowing too much cash from investors.
12 Month Portfolio Plans
[22:12] To move into bigger areas.
Outside of HMO Investing
[24:16] Managing a letting agency.
Advice for Current HMO Investors
[27:55] Do not borrow too much from investors.
Advice to New HMO Investors
[28:23] Find a good mentor.