The HMO Experience Property Podcast

The HMO Experience Property Podcast

By The HMO ExperienceBusinessInvesting
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The HMO Experience Property Podcast episodes

  • 051 | Looking to finance your next HMO property purchase? Interview with Marc Champ at Wharf Financial

    RESOURCE LINK

    1. The HMO Experience Website (http://www.thehmoexperience.co.uk/)
    2. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
    3. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
    4. IN THIS EPISODE

      Your host Jamie Madill interviews Marc Champ about Marc’s journey from Lloyds Bank to setting up his own brokerage Wharf Financial. Marc is a longtime contributor to The HMO Experience community and has helped provide access to a range of facilities including development finance, bridging loans and residential + commercial property finance whilst delivering exemplary services to all of his clients.

      If you want the lowdown on an exceptional financial solutions provider, make sure you check out this episode of The HMO Experience Property Podcast.

      EPISODE HIGHLIGHTS

      Introduction [00:00 – 01:45]

      Getting into Finance [01:45 – 06:50

      Old Banks & Challenger Banks [06:50 – 18:07]

      Stepping Out Into The Light [18:07 – 32:10]

      Packaging Up & Presenting [32:10 – 36:40]

      Growing & Scaling in Uncertain Times [36:40 – 39:25]

      How Can A Broker Help You? [39:25 – 42:00]

      Random Questions [42:00 – 46:12]

      KEY TAKEAWAYS

      1. If you have a good track record lenders will give better rates so protect your financial reputation
      2. A great broker will search the market to find the best finance solution for the project.
      3. In uncertain markets don’t over borrow and take sensible financial decisions
      4. Always deal with professionals and research your team to ensure they have the relevant experience
      5. BEST MOMENTS

        • “History often repeats itself so if you want an idea of how things pan out take a look at the past”
        • “Banks & lenders are like boats, trying to get things changed takes time”
        • “It’s very rare that we can’t help a client find a suitable finance solution”
        • If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

          Make sure you rate & review the podcast HERE - thank you :)

          CONNECT WITH THE HMO EXPERIENCE

          • Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
          • Follow Us on Facebook - https://www.facebook.com/thehmoexperience
          • CONNECT WITH THE HOSTS

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

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

            Steve Mitchell - https://www.facebook.com/vivocolettings

            47 min
          • 050 | The HMO Blueprint book launch celebrating our 50th episode

            RESOURCE LINK

            1. Buy Jamie’s new book, “The HMO Blueprint” on Amazon TODAY! (https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp)
            2. The HMO Experience Website (http://www.thehmoexperience.co.uk/)
            3. Download the 11 Steps to Running a Successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
            4. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
            5. IN THIS EPISODE

              Your host  Matt Harris interviews co-host Jamie Madill about the launch of his new book - “The HMO Blueprint” in celebration of the 50th episode of The HMO Experience Property Podcast.

              Jamie talks about his journey over the last 7 years of  HMO property  investing and how that lead to the writing of this book, the benefits that readers will get from reading it - including his 4F model and the secrets to scaling up your HMO property business and the amazing launch day bonuses that are available if you buy the book today (26th October 2020!).

              Don’t miss this fantastic episode and make sure you head over to “The HMO Blueprint” book launch site to buy your copy today :)

              KEY TAKEAWAYS

              1. Buy The HMO Blueprint
              2. Read The HMO Blueprint
              3. Implement The HMO Blueprint
              4. Leave a review on Amazon for The HMO Blueprint
              5. Subscribe to The HMO Experience Property Podcast!
              6. THE HMO BLUEPRINT BOOK LAUNCH ON 26TH OCTOBER 2020

                Jamie Madill, co-host of The HMO Experience Property Podcast, is launching his brand new book “The HMO Blueprint” TODAY and you could win some amazing prizes by buying the book on Amazon - https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp

                If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

                Make sure you rate & review the podcast HERE - thank you :)

                CONNECT WITH THE HMO EXPERIENCE

                • Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
                • Follow Us on Facebook - https://www.facebook.com/thehmoexperience
                • Join us online EVERY Third Wednesday of the - https://www.facebook.com/ProgressivePropertyStPancras/
                • CONNECT WITH THE HOSTS

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

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

                  40 min
                • 049 | There has to be a value exchange in any Joint Venture - Interview with Alex Sapala

                  RESOURCE LINK

                  1. Sign up to the pre-launch notification list for Jamie’s new book, “The HMO Blueprint” here (https://www.thehmoblueprint.co.uk/hmobook)
                  2. The HMO Experience Website (http://www.thehmoexperience.co.uk/)
                  3. Download How to find your First HMO Property and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
                  4. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
                  5. IN THIS EPISODE

                    Your hosts Steve Mitchell kicks off our “Seasoned Investor” series with an interview with Alex Sapala - former corporate banker turned property investor.

                    Alex chats about his background in corporate banking and how he ended up choosing property investing to achieve financial freedom. He also explains why there has to be a value exchange when forming a joint venture and why training was an important part of his evolution as a property investor.

                    Don’t miss this fantastic episode and make sure you head over to our website to download The Ultimate Guide to Funding your HMO Property Business as an accompaniment to this episode as well.

                    EPISODE HIGHLIGHTS

                    Introduction [00:00 – 01:58]

                    City Hustling [01:58 – 06:10]

                    Working Out My Big Why [06:10 – 08:47]

                    Dipping My Toes Into Property [08:47 – 12:40]

                    Starting Out With Property Investing [12:40 – 15:20]

                    Transitioning into HMO property [15:20 – 20:00]

                    Putting Knowledge Into Practise {20:00 - 30:36]

                    KEY TAKEAWAYS

                    1. Spend time focusing on what your big why is to help frame your life journey
                    2. There are people in property who have money but not time then you can sell your solutions to others but only of you have the knowledge
                    3. Always have a Plan B if your Plan A doesn’t materialise
                    4. Implement your systems at the beginning of your journey. It' so much easier
                    5. BEST MOMENTS

                      • “You don’t really have control of where your career goes…so I wanted to take control of my earnings into my own hands”
                      • The HMO Blueprint book launch on 26th October 2020

                        Jamie Madill, co-host of The HMO Experience Property Podcast, is about to launch his brand new book “The HMO Blueprint” and you could win some amazing prizes if you hop onto our pre-launch notification list.

                        So get on the launch list right now and we’ll see you on launch day! https://www.thehmoblueprint.co.uk/hmobook

                        If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

                        Make sure you rate & review the podcast HERE - thank you :)

                        CONNECT WITH THE HMO EXPERIENCE

                        • Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
                        • Follow Us on Facebook - https://www.facebook.com/thehmoexperience
                        • 31 min
                        • 048 | The Ultimate Guide to Funding your first HMO Property

                          RESOURCE LINK

                          1. Sign up to the pre-launch notification list for Jamie’s new book, “The HMO Blueprint” here (https://www.thehmoblueprint.co.uk/hmobook)
                          2. The HMO Experience Website (http://www.thehmoexperience.co.uk/)
                          3. Download How to find your First HMO Property and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
                          4. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
                          5. IN THIS EPISODE

                            Your hosts Matt Harris and Jamie Madill tackle the third biggest challenge identified in The HMO Experience community - how to fund your first HMO property deal! It’s all well and good building the knowledge and finding your first property, but how do you finance your first deal once you’ve done all the hard work?

                            Don’t forget to download The Ultimate Guide to Funding your HMO Property Business as an accompaniment to this episode as well.


                            EPISODE HIGHLIGHTS

                            Introduction [00:00 – 03:30]

                            Using Your Own Cash - [03:30 – 09:13]

                            Leveraging Bank Lending [09:13 – 26:15]

                            Bridging Loans [26:15 – 34:15]

                            Working With Joint Venture Partners – [34:15 – 45:00]

                            Jamie’s Last Word [45:00 – 48:04]


                            KEY TAKEAWAYS

                            1. Using your own cash where you can is the most cost effective way of purchasing property, as you don’t have the interest cost to fund.
                            2. Independent finance brokers have access to whole of market products. Your broker needs to be flexible and creative to ensure that you get the best finance options
                            3. If you’re going to work with other peoples money ensure that you understand the FCA requirements so you don’t get into trouble

                            4. BEST MOMENTS

                              • “Money is relatively cheap right now so check out the best rates you can get by leveraging your broker”
                              • “When using bank finance ensure that you have access to a really good independent finance broker"
                              • “Use cash where you can as it’s the most cost effective way to finance your projects”

                              • The HMO Blueprint book launch on 26th October 2020

                                Jamie Madill, co-host of The HMO Experience Property Podcast, is about to launch his brand new book “The HMO Blueprint” and you could win some amazing prizes if you hop onto our pre-launch notification list.

                                So get on the launch list right now and we’ll see you on launch day! https://www.thehmoblueprint.co.uk/hmobook


                                CONNECT WITH THE HMO EXPERIENCE

                                • Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
                                • Follow Us on Facebook - https://www.facebook.com/thehmoexperience

                                • CONNECT WITH THE HOSTS

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

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

                                  48 min
                                • 047 | 3 valuable nuggets to help you find your first HMO property to purchase

                                  RESOURCE LINK

                                  1. Sign up to the pre-launch notification list for Jamie’s new book, “The HMO Blueprint”  here (https://www.thehmoblueprint.co.uk/hmoboo
                                  2. The HMO Experience Website (http://www.thehmoexperience.co.uk/)
                                  3. Download How to find your First HMO Property and other FREE RESOURCES     (http://www.thehmoexperience.co.uk/resources-page)
                                  4. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
                                  5. IN THIS EPISODE

                                    Your hosts Matt Harris and Jamie Madill continue the theme of finding your first or next property, but this time for purchase and to convert into an HMO. If you’re thinking about buying and converting into HMO but are stuck with where to find the right property, this episode of The HMO Experience Property Podcast is the one for you!

                                    Don’t forget to download How to find your First HMO Property as an accompaniment to this episode as well.

                                    EPISODE HIGHLIGHTS

                                    Introduction [00:00 – 03:34]

                                    How to Find a Deal to Purchase [03:34 – 12:40

                                    Dealing with Property Sourcing Companies [12:40 – 15:10]

                                    Leveraging Agents to Find Deals [15:10 – 23:37]

                                    Going Direct To Property Owners [23:37 – 30:25]

                                    Jamie’s Last Comments [30:25 – 34:38]

                                    KEY TAKEAWAYS

                                    1. Set up your online property portal alerts & notifications to get instant opportunities delivered to your inbox.
                                    2. Ensure you understand what your perfect deal criteria is. Knowing how a property squares up against your      perfect criteria will help your decision making process.
                                    3. If you’re going to use a sourcing or dealing packaging company ensure you complete your own due diligence.      Don’t rely on the numbers presented as being correct.
                                    4. BEST MOMENTS

                                      • “I like to look at deal sourcers packages to check them out…. but always do your own due diligence”
                                      • "We record all the properties that fit our deal criteria and enter them into our pipeline to follow up at a later date.”
                                      • The HMO Blueprint book launch on 26th October 2020

                                        Jamie Madill, co-host of The HMO Experience Property Podcast, is about to launch his brand new book “The HMO Blueprint” and you could win some amazing prizes if you hop onto our pre-launch notification list.

                                        So get on the launch list right now and we’ll see you on launch day! https://www.thehmoblueprint.co.uk/hmobook

                                        “We try and differentiate ourselves to make us memorable….we go in regularly and build rapport withagents.”

                                        • Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
                                        • Follow Us on Facebook - https://www.facebook.com/thehmoexperience
                                        • CONNECT WITH THE HOSTS

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

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

                                          35 min
                                        • 046 | 7 practical tips for finding your first Rent to Rent HMO Property

                                          IN THIS EPISODE

                                          Your hosts Matt Harris and Jamie Madill take a deep dive into how you can find your first or next Rent to Rent HMO property deal. If you’re unsure about where to start with your goldmine area or what sort of property you should be looking for, this is definitely the episode for you!

                                          This episode of The HMO Experience Property Podcast is not one you want to miss! Don’t forget to download How to find your First HMO Property as an accompaniment to this episode as well.

                                          EPISODE HIGHLIGHTS

                                          Introduction: [00:00 – 04:38]

                                          What is A Deal? [04:38 – 08:25]

                                          How to Find Rent2Rent Deals [08:25 – 14:45]

                                          Building Relationships & Grafting [14:45 – 18:30]

                                          Speak With The Right Person [18:30 – 25:50]

                                          Leveraging Online Portals [25:50 – 29:21]

                                          The Old Skool Approach [29:21 – 34:30]

                                          Add Value By Sharing Content [34:30 – 40:15]

                                          Jamie’s Last Comment [40:15 – 42:18]

                                          KEY TAKEAWAYS

                                          1. Ensure that you have a definition of what a deal means to you. How much cash flow will be produced, the return on your investment or perhaps how much capital you leave in the deal.
                                          2. Agents are the obvious choice to start your Rent2Rent journey. They hold most of the available stock but approaching landlords direct is also worthwhile.
                                          3. Set up your Goldmine area, set your online property portal alerts and then contact the agents.
                                          4. Ensuring that your HMO Management company is properly set up. Once you make contact with prospective clients they will check you out.
                                          5. BEST MOMENTS

                                            • “Don’t just think about deals in terms of numbers and metrics but understand what a deal is in a wider sense to you and your clients/customers.”
                                            • “phone calls, just phones calls. Lots and lots of phone calls. Did I enjoy it. Not really but now I have some really good relationships with agents.”
                                            • “Identify who the decision makers are in the letting agents will move you forward faster than dealing with negotiators. Ensure they understand your business model and always work with integrity.”
                                            • The HMO Blueprint book launch on 26th October 2020

                                              Jamie Madill, co-host of The HMO Experience Property Podcast, is about to launch his brand new book “The HMO Blueprint”and you could win some amazing prizes if you hop onto our pre-launch notification list.

                                              So get on the launch list right now and we’ll see you on launch day! https://www.thehmoblueprint.co.uk/hmobook

                                              If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

                                              Make sure you rate & review the podcast HERE - thank you :)

                                              CONNECT WITH THE HMO EXPERIENCE

                                              · Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured

                                              · Follow Us on Facebook - https://www.facebook.com/thehmoexperience

                                              · Join us online EVERY Third Wednesday of the - https://www.facebook.com/ProgressivePropertyStPancras/

                                              CONNECT WITH THE HOSTS

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

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

                                              43 min
                                            • 045 | “I started with rent to rent in 1982!” Interview with David Clouter

                                              RESOURCE LINK

                                              1. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
                                              2. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
                                              3. Sign up for your Property Money Machine online training + your amazing bonuses RIGHT HERE (https://www.hmotraininglondon.com/hmoexperiencepmm)
                                              4. IN THIS EPISODE

                                                Steve Mitchell chats with former BBC Broadcaster, Cambridge Graduate and Equity Property Millionaire, David Clouter. David shares how he became an accidental landlord 33 years ago when he had his first rent-to-rent.

                                                If you’re interested in finding out about the benefits of a long term investment strategy in HMO properties from an experienced investor, listen to this episode!

                                                EPISODE HIGHLIGHTS

                                                Introduction [00:00 – 02:18]

                                                How I got started in property [02:18 – 06:50]

                                                Property cycles & buying property [06:50 – 09:30]

                                                The shared economy [09:30 – 13:50]

                                                It’s about quality & flexibility [13:50 – 18:10]

                                                The future of the shared economy [18:10 – 26:05]

                                                KEY TAKEAWAYS

                                                1. HMO property has been around for a long time. They are not a new strategy. What has changed over time is the quality of accommodation and the level of service provided
                                                2. The rise of the shared economy has serviced changes in the wider economy. Offering a service that suits
                                                3. The standard of property and level service is now critical to succeeding in the HMO market. Graduates who have experienced quality university accommodation won’t settle for inferior quality so you have to constantly ensure your property is well presented.
                                                4. HMO accommodation provides a cost effective solution that will continue to prosper as the cost of living increases and wages can’t keep up. Providing an all inclusive rent option is very attractive to people who require flexibility in their work and personal lives
                                                5. BEST MOMENTS

                                                  • “People will pay a premium for flexibility; the whole shared economy will grow and grow.”
                                                  • “The HMO model has been re-invented from dingy bedsits to modern design led rooms”
                                                  • "It’s a great time to invest in the shared economy & environment as it becomes a global trend”
                                                  • If you enjoyed this episode of The HMO Experience Property Podcast, make sure you rate & review the podcast HERE - thank you :)

                                                    • Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
                                                    • Follow Us on Facebook - https://www.facebook.com/thehmoexperience
                                                    • Join us online EVERY Third Wednesday of the - https://www.facebook.com/ProgressivePropertyStPancras/
                                                    • CONNECT WITH THE HOSTS

                                                      Steve Mitchell - https://www.facebook.com/vivocolettings

                                                      26 min
                                                    • 044 | I sent out 1,800 letters before getting a response - then two came along at once! Steffan Gaisie #RisingStar

                                                      RESOURCE LINK

                                                      1. The HMO Experience Website (http://www.thehmoexperience.co.uk/)
                                                      2. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
                                                      3. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
                                                      4. IN THIS EPISODE

                                                        Steve Mitchell kicks off the #RisingStar series on The HMO Experience Property Podcast by having a chat with Steffan Gaisie about life after professional football, launching a wine business and educating himself before starting his HMO experience with rent to rent property portfolio in South West London.

                                                        Tune in to this episode as Steffan shares his story and how with the right guidance, resources and support, you can start your own HMO experience too!

                                                        EPISODE HIGHLIGHTS

                                                        • Introduction [00:00 – 02:00
                                                        • Time before property [02:00 – 08:30]
                                                        • Getting the knowledge [08:30 – 11:50]
                                                        • Choosing a strategy [11:50 – 14:00]
                                                        • A dose of reality and London buses [14:00 – 20:30]
                                                        • The feeling of achievement [20:30 – 25:00]
                                                        • The future [25:00 – 29:00]
                                                        • Rapid fire questions [29:00 – 33:21]
                                                        • If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

                                                          Make sure you rate & review the podcast HERE - thank you :)

                                                          CONNECT WITH THE HMO EXPERIENCE

                                                          • Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
                                                          • Follow Us on Facebook - https://www.facebook.com/thehmoexperience
                                                          • Join us online EVERY Third Wednesday of the - https://www.facebook.com/ProgressivePropertyStPancras/
                                                          • CONNECT WITH THE HOSTS

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

                                                            Steve Mitchell - https://www.facebook.com/vivocolettings

                                                            34 min
                                                          • 043 | 5 Top Tips on how to start your HMO experience

                                                            RESOURCE LINK

                                                            1. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
                                                            2. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
                                                            3. Sign up for your Property Money Machine online training + your amazing bonuses RIGHT HERE (https://www.hmotraininglondon.com/hmoexperiencepmm)
                                                            4. IN THIS EPISODE

                                                              Your podcast hosts Matt Harris and Jamie Madill tackle the second biggest challenge raised by the The HMO Experience community, which is how to actually start your HMO property journey!

                                                              One thing that most people fail to do is plan what they want to achieve in the first 12/24 months, how to convert that plan into actionable steps and what resources they need or already have available to them.

                                                              If you’re stuck on how or where to start your own HMO experience, then this is definitely the episode you need to listen to!

                                                              EPISODE HIGHLIGHTS

                                                              Introduction [00:00 – 02:10]

                                                              What is the next step once you have your knowledge? [02:10 – 10:50]

                                                              Knowledge is not power [10:50 – 15:00]

                                                              Procrastination [15:00 – 19:06]

                                                              Who is holding you accountable? [19:06 – 23:10]

                                                              What goes around comes around [23:10 – 30:27]

                                                              KEY TAKEAWAYS

                                                              1. Work backwards. Once you have worked out how much income you need/want then divide the potential net monthly income of one house into your number and that is the number of property you need.
                                                              2. Break your actions down into manageable chunks. Don’t plan the whole year just focus on the next 90 days and then break that down into monthly, weekly and daily tasks.
                                                              3. Procrastination is a killer. The more you put yourself in the way of opportunity the luckier you will be. It’s impossible not to succeed if you focus on taking action.
                                                              4. Go for no. Don’t be afraid of rejection. It’s almost a certainty. No doesn’t necessarily mean no. It means not right now.
                                                              5. BEST MOMENTS

                                                                • “The one thing I regret is to read less and implement more.”
                                                                • “Knowledge is not power. It’s potential power. To know and not to do is not to know”
                                                                • “Do whatever you can consistently. As soon as you stop you lose momentum”
                                                                • If you enjoyed this episode of The HMO Experience Property Podcast, make sure you rate & review the podcast HERE - thank you :)

                                                                  CONNECT WITH THE HMO EXPERIENCE

                                                                  • Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
                                                                  • Follow Us on Facebook - https://www.facebook.com/thehmoexperience
                                                                  • Join us online EVERY Third Wednesday of the - https://www.facebook.com/ProgressivePropertyStPancras/
                                                                  • CONNECT WITH THE HOSTS

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

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

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

                                                                    RESOURCE LINK

                                                                    1. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
                                                                    2. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
                                                                    3. Sign up for your Property Money Machine online training + your amazing bonuses RIGHT HERE (https://www.hmotraininglondon.com/hmoexperiencepmm)
                                                                    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 :)

                                                                        CONNECT WITH THE HMO EXPERIENCE

                                                                        • Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
                                                                        • Follow Us on Facebook - https://www.facebook.com/thehmoexperience
                                                                        • Join us online EVERY Third Wednesday of the 
                                                                        • CONNECT WITH THE HOSTS

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

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

                                                                          36 min

                                                                        About The HMO Experience Property Podcast

                                                                        From the publisher's feed

                                                                        Unsure about how to generate income from Rent2Rent HMO or investing in HMO property? The HMO Experience Property Podcast will help.

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