Behind The Facade - Real Estate Investing

222. The HMO Investing Strategy in Ireland (part 2)


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Episode 222. HMO Investing in Ireland (part 2)

In this episode I delve into the intricacies of HMO (House in Multiple Occupation) investing in Ireland.  With the definitions and differences between HMOs, pre-63 properties and bedsits.  I highlight the regulatory landscape and potential risks involved. 

The podcast covers strategies for maximising your ROI (return on investment) and this includes the importance of property presentation and amenities.  I discuss legal and tax implications, particularly the differences between a lease and licence. Finally I explore financing options for HMO investors and future trends in the HMO market, emphasising the growing interest from larger firms.

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Takeaways

  • HMO investing is gaining popularity in Ireland.

  • Understanding the differences between HMOs, pre-63, and bedsits is crucial.

  • Regulatory risks are a significant concern for HMO investors.

  • Maximising returns involves enhancing property presentation and amenities.

  • Legal structures like leases and licences have different implications for landlords.

  • Financing options vary, with some lenders more favourable for HMOs.

  • Future-proofing properties against potential regulations is wise.

  • Building a sinking fund can help manage future expenses.

  • Corporate rentals can provide stable income for landlords.

  • The HMO market is attracting interest from larger firms. 

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Behind The Facade - Real Estate InvestingBy Gavin J Gallagher

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