The HMO Experience Property Podcast

042 | Is a lack of knowledge stopping your own HMO experience?

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    4. IN THIS EPISODE:

    Your podcast hosts Matt Harris and Jamie Madill tackle one of the main challenges The HMO Experience community face when starting out with property investing journey - a lack of knowledge!

    If you’re looking to start or have recently started your own HMO experience, do you know what you want to do? Do you know how you want to get there? Most importantly, how are you educating yourself and what resources are you using to learn more about HMO property investing?

    These are just some of the question we answer on this episode of The HMO Experience Property Podcast!

    EPISODE HIGHLIGHTS

    Introduction [00:00 – 03:27]

    Decide what it is that you want [03:27 - 09:36]

    Finding Free Information [09:36 – 15:18]

    The Difference Between Learning & Doing [15:18 – 25:30]

    Investing in Your Education [25:30 – 31:02]

    Jamies’ Last Word – [31:02 – 36:14]

    KEY TAKEAWAYS

    1. Research your chosen path. There are lots of free resources online; e-books, video, event discovery days that are no cost or low cost sources of information. So kick off your knowledge acquisition with free information before you start paying for information.
    2. The reality is that your individual journey will be different to yours; either buying HMO or doing Rent2HMO. Having access to people who have travelled the road before you will help navigate any bumps you may face.
    3. Investing in your education will give you more detailed information. Ensure that you work with people who have succeeded; and failed, in the HMO market so you can learn the positives and the negatives
    4. Lack of knowledge or getting the wrong knowledge could put you in a difficult position. Ensure that you cross check your information to make sure the information you are receiving is correct and valid. Leveraging multiple sources of information is vital to embed your learning

      5. If you enjoyed this episode of The HMO Experience Property Podcast, make sure you rate & review the podcast HERE - thank you :)

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        • CONNECT WITH THE HOSTS

        Matt Harris - https://linktr.ee/iammattharris

        Jamie Madill - https://www.facebook.com/jamiemadillproperty/

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        The HMO Experience Property PodcastBy The HMO Experience

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