HMO Interview with Matthew Layton. From IT-Consultant to HMO Investor.
Matthew has been investing in HMOs for some two years now, he’s been involved with two HMO projects, currently housing 12 tenants himself.
the HMO Mortgage Broker
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House Arrest –
Life Before HMO Property
[01:32] Worked in the corporate world.
Entry to HMO Investing
[08:23] Got inspired by property investment books.
Holding Back From HMOs
[11:00] Timelines and budget.
Summary of 1st HMO Deal
[12:50] 5-bedroom HMO converted into 6-bed and now rented out to professionals.
[18;19] Gave financial freedom.
Favourite Part of HMO Property
[21:18] Doing a creative design.
[23:44] Two HMOs rented by professionals.
[26:23] Picking wrong builders.
12 Month Portfolio Plans
[30:39] New projects, new opportunities.
Advice for Current HMO Investors
[37:05] Treat your HMOs as a business.
Advice to New HMO Investors
[38:57] Know your area.