From Marketing to Successful HMO Investor.
Goar has been investing in HMOs for some 5 years now, she’s been involved with 5 HMO projects, currently housing over 20 tenants herself.
the HMO Mortgage Broker
The UK’s #1 Specialist for HMO Mortgages, HMO ReMortgages & HMO Bridging Finance. HMO Lending Made Easy.
Extraordinary Profits from Ordinary Properties –
Life Before HMO Property
[01:18] Was in Africa for an American company doing import and export.
Entry to HMO Investing
[04:19] Was invited to a property event where got inspired by HMO Daddy.
Summary of 1st HMO Deal
[08:00] 3-bedroom HMO with good cashflow.
Holding Back From HMOs
[10:30] Planty challenges and risks.
[11:44] Gave financial independence and free time to be spent with children and family.
Favourite Part of HMO Property
[11:34] Finding deals and creating.
[14:46] 5 HMOs, 2 single-beds, and serviced accommodation.
Best HMO Investment & Why
[17:20] THe first HMO deal – bought it as 3-bedroom, but it turned out as 4-bedroom and after refurbishment got 5 bedrooms.
[19:23] Not knowing about the refinancing of HMO.
12 Month Portfolio Plans
[21:15] To double up the current portfolio.
Outside of HMO Investing
[22:30] Service accommodation.
Advice for Current HMO Investors
[23:26] Don’t be put off by changing regulations.
Advice to New HMO Investors
[24:04] Network, read a lot, invest in your education.