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- Positioning For Growth & How The 12 Week Year Gave Me Time Back :) | COVID-19 Edition | The HMO Experience Bitesize LIVE
In this The HMO Experience Live Bitesize episode on Facebook, your podcast host Matt Harris of MiRentCo London talks with Steve Mitchell from The HMO Company and Jamie Madill from Jamie Madill Property about all things related to positioning for growth and systemising your business using the concepts and learnings from the amazing book The 12 Week Year by Brian Moran.
KEY TAKEAWAY
- Redefining the year form a period of time that lasts 12 months to one that lasts 12 weeks. Studies show that when you plan over the longer term focus and effort only materialise when a deadline approaches. So what if you had four major deadlines per year instead of one – year end?
- By implementing the three core principals of The 12 Week Year you can achieve 4X the productivity and gains by simply focusing on delivering your goals in a shorter period of time.
- The first step is to Own Your Result and don’t make excuses for non-performance. Failure is not an option. Hold yourself accountable for your performance to your family, colleagues and teammates.
- The second is to Plan Your Action. By breaking your 12-week goal down into 12 component parts you start to make the task of achieving the goal more manageable. Identify all the elements you will need to focus on to achieve your goal and then logically order them so that each task is a natural. Progression from the previous one. Tick off each task as you progress through the 12 weeks. Execution is the key
- The third is to keep score of how you are performing. Its only by highlighting the actual performance against your commitments that you will keep yourself accountable. Simply paying lip service to your business will not do. Publish your results and celebrate the successes you achieve. Similarly hold yourself accountable if you don’t achieve your goal.
- The 12 Week Year has shown that if you achieve an 85% weekly success score of task completion you will be far more successful. If you drop below 65% then it becomes impossible to achieve your accomplishments.
ABOUT THE HOSTS
Matt Harris - Matt started working in the City and then for a Mayfair based property investment company before practicing as a property lawyer. He swapped law for cleaning and set up The Organised Cleaning Company before starting MiPropCo Leeds, a buy to let investment company. Matt's latest business, MiRentCo London, provides a multi-let management services for landlords and co-living accommodation for young professionals in London. Matt is the co-host of The HMO Experience podcast and PPN St Pancras, a monthly property networking event in London. In addition, Matt hosts The Organised Cleaner Bitesize on social media, providing hints & tips on starting & running your own cleaning business.
Jamie Madill - After an 18 year career in advertising Jamie became a full-time property investor with a property portfolio of single-lets & HMOs and with Steve, they have created a successful Rent2Rent HMO business. Jamie is an international public speaker and co-founder of Progressive Property Network and co-host of PPN St Pancras.
Steve Mitchell - Steve had a successful corporate career in finance and risk management before becoming a full-time property investor. He owns a portfolio of single-lets and HMOs. A black belt in Six Sigma, Steve is the project management and systems expert. Steve is also co-host of PPN St Pancras.
Follow THIS LINK to get in touch with The HMO Experience :)
---Send in a voice message: https://anchor.fm/thehmoexperience/message36 min - Positioning For Growth & How Putting Profit First Revolutionised My Business!! | COVID-19 Edition | The HMO Experience Bitesize LIVE
In this Facebook Live episode, your podcast host Matt Harris of MiRentCo London talks Steve Mitchell from The HMO Company and Jamie Madill from Jamie Madill Property about all things related to positioning for growth and systemising your business using the concepts and learnings from the amazing book Profit First by Mike Michalowicz.
KEY TAKEAWAYS
- Traditional accounting convention teaches us that the formula for profit is income – expenses = profit. Whilst this is entirely appropriate and acceptable from a financial reporting perspective, when you apply that to how you financially operate your business, you may find that your expenses expand to consume your income or your expenses expand to more than your income leaving little or no profit or owners compensations.
- If we were to change the profit equation to Income – profit = expenses, then our mindset shifts to only operating within the available money that is left whilst taking out money for profit and owners’ compensation
- In order to be able to implement this within your business you will need to “bucketize” or compartmentalise additional bank accounts in order to be able to transfer funds out of your general trading account and into specific banks accounts for profit, owner’s compensation and taxes.
- Start off by analysing your current income and expenditure over the last 3 months and categorise individual transactions into revenue, owner’s compensation, taxes, operating expense and profit. Then work out what each of the sections are as a percentage.
- Begin to move your current actual performance over to The Profit First Way which is owner’s compensation = 50%, Taxes = 20%, Profit = 5% and Operating Expenses = 30%.
- Sooner than you know it you will consistently be paying yourself and accruing profit in your business for a rainy day
ABOUT THE HOSTS
Matt Harris - Matt started working in the City and then for a Mayfair based property investment company before practicing as a property lawyer. He swapped law for cleaning and set up The Organised Cleaning Company before starting MiPropCo Leeds, a buy to let investment company. Matt's latest business, MiRentCo London, provides a multi-let management services for landlords and co-living accommodation for young professionals in London. Matt is the co-host of The HMO Experience podcast and PPN St Pancras, a monthly property networking event in London. In addition, Matt hosts The Organised Cleaner Bitesize on social media, providing hints & tips on starting & running your own cleaning business.
Jamie Madill - After an 18 year career in advertising Jamie became a full-time property investor with a property portfolio of single-lets & HMOs and with Steve, they have created a successful Rent2Rent HMO business. Jamie is an international public speaker and co-founder of Progressive Property Network and co-host of PPN St Pancras.
Steve Mitchell - Steve had a successful corporate career in finance and risk management before becoming a full-time property investor. He owns a portfolio of single-lets and HMOs. A black belt in Six Sigma, Steve is the project management and systems expert. Steve is also co-host of PPN St Pancras.
Follow THIS LINK to get in touch with The HMO Experience!
See Matt, Jamie Steve live at PPN St Pancras every third Wednesday of the month, more details HERE!
---Send in a voice message: https://anchor.fm/thehmoexperience/message45 min - Positioning For Growth & How Clockwork Made My Business Run Like Clockwork!! | COVID-19 Edition | The HMO Experience Bitesize LIVE
In this emergency live episode, your podcast host Matt Harris of MiRentCo London talks Steve Mitchell from The HMO Company and Jamie Madill from Jamie Madill Property about all things related to positioning for growth and systemising your business using the concepts and learnings from the amazing book Clockwork by Mike Michalowicz.
KEY TAKEAWAYS
- It all starts with Entrepreneur Poverty where moving from employment to self-employment brings riches and time freedom. For most that is not the reality. With 83% of businesses globally operating from month to month why is it that some businesses grow and flourish and others stagnate
- Clockwork poses a question which is why is your business stuck? And how do you become unstuck? The key relies on being able to identify your Queen Bee Role (QBR) which is the central reason why your business is alive and how it serves the customer
- The QBR is the one task you need to focus on and spend time doing that will move you out of stagnation and onto growth
- Capturing your processes and turning them into simple steps others can follow will support you in being able to
- Most small business owners spend the majority of time in the DOING element of their businesses that prevents them from even beginning to think about how to systemise. To break this cycle, small business owners must shift their focus from DOING to DECIDING and DELEGATING before they can start DESIGNING their businesses for growth
- Choosing your team is vital to being able to switch from working in your business to working on your business. Matching the right task to the right skillset and ultimately the right person is the main function of any business leader
ABOUT THE HOSTS
Matt Harris - Matt started working in the City and then for a Mayfair based property investment company before practicing as a property lawyer. He swapped law for cleaning and set up The Organised Cleaning Company before starting MiPropCo Leeds, a buy to let investment company. Matt's latest business, MiRentCo London, provides a multi-let management services for landlords and co-living accommodation for young professionals in London. Matt is the co-host of The HMO Experience podcast and PPN St Pancras, a monthly property networking event in London. In addition, Matt hosts The Organised Cleaner Bitesize on social media, providing hints & tips on starting & running your own cleaning business.
Jamie Madill - After an 18 year career in advertising Jamie became a full-time property investor with a property portfolio of single-lets & HMOs and with Steve, they have created a successful Rent2Rent HMO business. Jamie is an international public speaker and co-founder of Progressive Property Network and co-host of PPN St Pancras.
Steve Mitchell - Steve had a successful corporate career in finance and risk management before becoming a full-time property investor. He owns a portfolio of single-lets and HMOs. A black belt in Six Sigma, Steve is the project management and systems expert. Steve is also co-host of PPN St Pancras.
Follow THIS LINK to get in touch with The HMO Experience!
See Matt, Jamie Steve live at PPN St Pancras every third Wednesday of the month, more details HERE!
---Send in a voice message: https://anchor.fm/thehmoexperience/message1 hr 2 min - Your Call Q&A - Ask Us Anything About HMO & Rent2Rent | COVID-19 Edition | The HMO Experience LIVE
In this fourth instalment of The HMO Experience LIVE! Steve and Matt host their first open Q&A session on Facebook Live - answering any and all questions posed by audience members around business, HMOs and rent to rent.
There are plenty of useful nuggets buried in this episode so make sure you take a listen :)
ABOUT THE HOSTS
Matt Harris - Matt started working in the City and then for a Mayfair based property investment company before practicing as a property lawyer. He swapped law for cleaning and set up The Organised Cleaning Company before starting MiPropCo Leeds, a buy to let investment company. Matt's latest business, MiRentCo London, provides a multi-let management services for landlords and co-living accommodation for young professionals in London. Matt is the co-host of The HMO Experience podcast and PPN St Pancras, a monthly property networking event in London. In addition, Matt hosts The Organised Cleaner Bitesize on social media, providing hints & tips on starting & running your own cleaning business.
Steve Mitchell - Steve had a successful corporate career in finance and risk management before becoming a full-time property investor. He owns a portfolio of single-lets and HMOs. A black belt in Six Sigma, Steve is the project management and systems expert. Steve is also co-host of PPN St Pancras.
CONTACT METHOD
Email - [email protected]
Website - http://www.thehmoexperience.co.uk/
Facebook Page - https://www.facebook.com/thehmoexperience
YouTube Channel - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured?view_as=subscriber
PPN St Pancras
See Matt, Jamie Steve live at PPN St Pancras every third Wednesday of the month at Impact Hub Kings Cross. Book your ticket - https://www.facebook.com/ProgressivePropertyStPancras/
---Send in a voice message: https://anchor.fm/thehmoexperience/message1 hr 9 min - Positioning For Growth & Why Learning and Personal Development is Important | COVID-19 Edition | The HMO Experience Bitesize LIVE
In this emergency live episode, your podcast host Matt Harris of MiRentCo London talks with Steve Mitchell from The HMO Company about all things related to positioning for growth and how we are taking advantage of the current situation in order to double down on our personal development and the daily routines we implement in order to maximise our learning at this time.
KEY TAKEAWAYS
- You can’t be prepared for everything, but you can be prepared for most things. By constantly looking to continually learn from a variety of information sources; and studying a wide range of information topics, you can equip yourself with enough information that you can apply to your business.
- Expand your network to include; if you have not already, people who have been through economic down turns as there will be generic lessons you can apply to your business.
- Don’t underestimate customer goodwill in times of challenge. Goodwill is not built up instantly but over a period of time so being consistent with your customer experience and the way treat your customers will pay off when you need it.
- Continue to be productive in your home working environment as best you can. Start to think about how you spend your time and how it can be re-deployed to benefit your business.
- Don’t panic when you think adversity is going to strike. Think through the challenge and work the problem logically to define the actions you can take that will present you with alternative realities.
ABOUT THE HOSTS
Matt Harris - Matt started working in the City and then for a Mayfair based property investment company before practicing as a property lawyer. He swapped law for cleaning and set up The Organised Cleaning Company before starting MiPropCo Leeds, a buy to let investment company. Matt's latest business, MiRentCo London, provides a multi-let management services for landlords and co-living accommodation for young professionals in London. Matt is the co-host of The HMO Experience podcast and PPN St Pancras, a monthly property networking event in London. In addition, Matt hosts The Organised Cleaner Bitesize on social media, providing hints & tips on starting & running your own cleaning business.
Steve Mitchell - Steve had a successful corporate career in finance and risk management before becoming a full-time property investor. He owns a portfolio of single-lets and HMOs. A black belt in Six Sigma, Steve is the project management and systems expert. Steve is also co-host of PPN St Pancras.
CONTACT METHOD
Email - [email protected]
Website - http://www.thehmoexperience.co.uk/
Facebook Page - https://www.facebook.com/thehmoexperience
YouTube Channel - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured?view_as=subscriber
PPN St PANCRAS
See Matt, Jamie Steve live at PPN St Pancras every third Wednesday of the month at Impact Hub Kings Cross. Book your ticket - https://www.facebook.com/ProgressivePropertyStPancras/
---Send in a voice message: https://anchor.fm/thehmoexperience/message1 hr 17 min - 022 | 5 SUPER EASY Steps to Check In Your Housemates :)
RESOURCE LINK
- The HMO Experience Website (http://www.thehmoexperience.co.uk/)
- Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
- Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)
IN THIS EPISODE
Your podcast Hosts Matt Harris of MiRentCo London & Jamie Madill from Jamie Madill Property talk about all things related to moving your housemates, customers or tenants into our HMO’s rooms.
Tune in and join us for another insightful episode of The HMO Experience Property Podcast!
EPISODE HIGHLIGHTS
- Introduction [00:00 – 01:12]
- 10 Step Check In Process [01:12 – 12.20]
- Interaction with Your Customers [12:20 – 17:17]
KEY TAKEAWAYS
- Ensure you activate you Rent Guarantee Insurance policy BEFORE your customer moves in
- Get your customers to initial each page of your Assured Shorthold Tenancy (AST) so that there is an accurate and agreed copy of the contract
- If you are taking deposits ensure that you issue the prescribed information of a valid gas safe certificate, EPC and the Government How To Rent booklet (make sure it’s the latest one) within the prescribed timeframe otherwise you may not be able to issue a Section 21
- Ensure that you test the fire alarms/smoke detectors are functioning on move in and include this on your move in check list that you and your customer signs to confirm everything is working and in order
- Create a standard customer contract pack with all your documentation so that you don’t forget anything.
BEST MOMENTS
“We also ask them to complete a feedback form. As they look how has this experience been for you? What can we improve? What can we change to make this better next time?”
“Once that customer has moved in and literally signed all the paperwork, we then send a templated email to all of the existing customers who are living in the house already saying this person’s moving in. Go and say hi. Go and walk them into the group. Just as a matter of courtesy to say they’re here.”
“The good thing with GoCardless, we use it as well and is the customer housemate will get notification before a payment is taken."
“Everything on ours is done online. So we have the movement checklist which all have the gas safe, the EPC, the how to rent guide or have the accommodation guidelines.”
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/
19 min - Positioning For Growth & How Do I Scale My HMO Property Business? | COVID-19 Edition | The HMO Experience Bitesize LIVE
In this live episode, your podcast host Matt Harris of MiRentCo London talks with Jamie Madill of Jamie Madill Property and Steve Mitchell from The HMO Company about all things related to positioning for growth and what you could consider to start to grow your property business in todays uncertain environment.
KEY TAKEAWAYS
- Concentrate on the fundamentals of what information you need and the people you will need to help you on your journey. This information is in a multitude of different spaces so check out YouTube, Blinkist, Audible and good ole fashioned paper books!
- Understand who you are and what skills you have so that you can look for people with complimentary skills that will help you strengthen your business and move your business forward.
- Experience is all around you and your job as a business leader is to identify who can help you get from where you are to where you want to be.
- Investing in your knowledge will pay dividends but it does not trump experience. Experience is only gained through doing and taking action. If you partner with others who have trod the path before you, you will have a better chance of dodging bullets that otherwise might impact your progress.
- Ensure that you are fully aware of the component parts of how a business functions and the inter-connectedness of the different functions. If you want to build a successful business that has longevity, then you have to cover all bases not just the sexy bits or the parts that you naturally gravitate towards
- Understand the core functions of a business; marketing, Sales, Operations/Customer Service, Risk/Compliance, IT and Legal. You don’t have to be an expert in each area but you should have enough knowledge to eb able to talk competently and understand the basic business principals within each core function.
- Use your time wisely whilst we have the time, surround yourself with people who will positively contribute to your journey.
ABOUT THE HOSTS
Matt Harris - Matt started working in the City and then for a Mayfair based property investment company before practicing as a property lawyer. He swapped law for cleaning and set up The Organised Cleaning Company before starting MiPropCo Leeds, a buy to let investment company. Matt's latest business, MiRentCo London, provides a multi-let management services for landlords and co-living accommodation for young professionals in London. Matt is the co-host of The HMO Experience podcast and PPN St Pancras, a monthly property networking event in London. In addition, Matt hosts The Organised Cleaner Bitesize on social media, providing hints & tips on starting & running your own cleaning business.
Jamie Madill - After an 18 year career in advertising Jamie became a full-time property investor with a property portfolio of single-lets & HMOs and with Steve, they have created a successful Rent2Rent HMO business. Jamie is an international public speaker and co-founder of Progressive Property Network and co-host of PPN St Pancras.
Steve Mitchell - Steve had a successful corporate career in finance and risk management before becoming a full-time property investor. He owns a portfolio of single-lets and HMOs. A black belt in Six Sigma, Steve is the project management and systems expert. Steve is also co-host of PPN St Pancras.
CONTACT METHOD
Email - [email protected]
Website - http://www.thehmoexperience.co.uk/
Facebook Page - https://www.facebook.com/thehmoexperience
---Send in a voice message: https://anchor.fm/thehmoexperience/message1 hr 2 min - Positioning For Growth & Working in Changing Times | COVID-19 Edition | The HMO Experience Bitesize LIVE
In this emergency live episode, your podcast Host Matt Harris of MiRentCo. London talks with Jamie Madill of Jamie Madill Property and Steve Mitchell from The HMO Company about what you could consider to-stay calm and focused in todays uncertain environment and take advantage of the additional time you have for personal development and growth.
KEY TAKEAWAYS
- Understand the connection between mindfulness, health and inner peace
- Look to see if you have access to apps such as Flora or Headspace to help you leverage technology to help you relax
- Last thing before you go to bed, think about what your perfect day looks like and visualise how your day will be structured and what you want to achieve out of the day.
- Don’t’ be disappointed if your day doesn’t go to plan. The only two parts of the day you can really control is the very first hour and the very last hour. The bit in the middle – well don’t over fret about it! What will be will be.
- Self-discipline will help you focus your actions. If you let others invade your space and place “monkeys” (additional tasks) on your back then there is only one person who can fix that.
- Ensure that your daily tasks are helping you to achieve your weekly goal. If you have any tasks that are not contributing towards your goal then ditch, delegate, or delay until you have time to complete the task
- Look to prioritise your tasks so that you are focusing on the main actions that is continuing to move you forward
- FEAR – False Evidence Appearing Real – normally originates through lack of knowledge. So break the fear down and understand what is the root cause is then ask the right questions to get the knowledge you need to overcome your fears.
- Your health, mind and immune system needs to be in tip top condition to be able to function at peak performance so consider guided meditations to relax and focus on your day.
- Check out audio books, YouTube and podcasts to increase your knowledge on health, wealth & mindset. Some of our recommendations are Prof Matthew Walker - Why We Sleep, and The Rick Roll Podcast so check those out.
ABOUT THE HOSTS
Matt Harris - Matt started working in the City and then for a Mayfair based property investment company before practicing as a property lawyer. He swapped law for cleaning and set up The Organised Cleaning Company before starting MiPropCo Leeds, a buy to let investment company. Matt's latest business, MiRentCo London, provides a multi-let management services for landlords and co-living accommodation for young professionals in London. Matt is the co-host of The HMO Experience podcast and PPN St Pancras, a monthly property networking event in London. In addition, Matt hosts The Organised Cleaner Bitesize on social media, providing hints & tips on starting & running your own cleaning business.
Jamie Madill - After an 18 year career in advertising Jamie became a full-time property investor with a property portfolio of single-lets & HMOs and with Steve, they have created a successful Rent2Rent HMO business. Jamie is an international public speaker and co-founder of Progressive Property Network and co-host of PPN St Pancras.
Steve Mitchell - Steve had a successful corporate career in finance and risk management before becoming a full-time property investor. He owns a portfolio of single-lets and HMOs. A black belt in Six Sigma, Steve is the project management and systems expert. Steve is also co-host of PPN St Pancras.
CONTACT METHOD
Email - [email protected]
Website - http://www.thehmoexperience.co.uk/
---Send in a voice message: https://anchor.fm/thehmoexperience/message56 min - Positioning For Growth & Systemisation - this is SUPER necessary!!! | COVID-19 Edition | The HMO Experience Bitesize LIVE
In this emergency live episode, your podcast Host Matt Harris of MiRentCo London talks with Jamie Madill of Jamie Madill Property and Steve Mitchell from The HMO Company about focusing on systemising your business and reviewing and improving your existing business to best position yourself for growth once the "C" word passes :)
KEY TAKEAWAYS
- Understand what your business process flow and your customer experience journey look like on paper. So, map it out and draw the journey.
- Once you have the major process sections start to deep dive into each section so that you get down to the task level and make a list of everything that needs to be done. Make your Check Lists.
- Document all the steps that needs to be undertaken and create your procedure documents that can be then created into a operating manual, videos to explain how to do the tasks or upload onto a web platform so that your document can be shared with your team.
- Once you have completed the document test it to make sure it works. Make any tweaks necessary to ensure you get consistent results when your processes work.
- Look to see what technology can be introduced into your business so that your procedures maintain and deliver consistency
- Look to see where you can introduce new team members into your business to undertake some of the jobs you are doing. This is where your written documents will pay dividends.
ABOUT THE HOSTS
Matt Harris - Matt started working in the City and then for a Mayfair based property investment company before practicing as a property lawyer. He swapped law for cleaning and set up The Organised Cleaning Company before starting MiPropCo Leeds, a buy to let investment company. Matt's latest business, MiRentCo London, provides a multi-let management services for landlords and co-living accommodation for young professionals in London. Matt is the co-host of The HMO Experience podcast and PPN St Pancras, a monthly property networking event in London. In addition, Matt hosts The Organised Cleaner Bitesize on social media, providing hints & tips on starting & running your own cleaning business.
Jamie Madill - After an 18 year career in advertising Jamie became a full-time property investor with a property portfolio of single-lets & HMOs and with Steve, they have created a successful Rent2Rent HMO business. Jamie is an international public speaker and co-founder of Progressive Property Network and co-host of PPN St Pancras.
Steve Mitchell - Steve had a successful corporate career in finance and risk management before becoming a full-time property investor. He owns a portfolio of single-lets and HMOs. A black belt in Six Sigma, Steve is the project management and systems expert. Steve is also co-host of PPN St Pancras.
CONTACT METHOD
Email - [email protected]
Website - http://www.thehmoexperience.co.uk/
Facebook Page - https://www.facebook.com/thehmoexperience
YouTube Channel - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured?view_as=subscriber
---Send in a voice message: https://anchor.fm/thehmoexperience/message59 min - Positioning For Growth & Managing Risk - this is VERY EXCITING!!! | COVID-19 Edition | The HMO Experience Bitesize LIVE
In this emergency live episode, your podcast Host Matt Harris of MiRentCo talks with Jamie Madill of Jamie Madill Property and Steve Mitchell from The HMO Company what you could consider doing to manage risk in your business once the "C" word has passed and you are preparing your HMO property business for growth!
KEY TAKEAWAYS
Understand what risks your business is currently exposed to. Look at your business Key Performance Indicators (KPI) and see if your business is starting to take some stress.
- Look at your key resources of people and finance and see what the impact is on those resources over the next 30 / 60 / 90 days and see if the stresses are still there, will disappear or escalate
- Finance Risks: For your finance resource, look at your income and identify how strong (or likely) the income will materialise and where the weaknesses are in your income streams. Map your income and expense forward over the next rolling 30 / 60 / 90 days and see where the potential stresses are in your business.
- HR Risks: For your people resource, look to see if you will need to Furlough your staff to preserve cash resources in your business. Understand what the impact of Furloughing your staff has on your business.
- Competition Risk: Look to see what your competitors are doing right now and see if they are getting a head start on you once we come off lock down. Mirror what they are doing to maintain your competitive position or come up with other ways you can make your houses or service better. Don’t get left behind.
- Market Risk: Keep tabs on what is happening in your local market. Are new opportunities starting to materialise as your competitors start to fail that you can take advantage of? If you are going to take on new projects than ensure that you have the appropriate financial and HR resource so you can call upon and that it does not ruin your existing business.
ABOUT THE HOSTS
Matt Harris - Matt started working in the City and then for a Mayfair based property investment company before practicing as a property lawyer. He swapped law for cleaning and set up The Organised Cleaning Company before starting MiPropCo Leeds, a buy to let investment company. Matt's latest business, MiRentCo London, provides a multi-let management services for landlords and co-living accommodation for young professionals in London. Matt is the co-host of The HMO Experience podcast and PPN St Pancras, a monthly property networking event in London. In addition, Matt hosts The Organised Cleaner Bitesize on social media, providing hints & tips on starting & running your own cleaning business.
Jamie Madill - After an 18 year career in advertising Jamie became a full-time property investor with a property portfolio of single-lets & HMOs and with Steve, they have created a successful Rent2Rent HMO business. Jamie is an international public speaker and co-founder of Progressive Property Network and co-host of PPN St Pancras.
Steve Mitchell - Steve had a successful corporate career in finance and risk management before becoming a full-time property investor. He owns a portfolio of single-lets and HMOs. A black belt in Six Sigma, Steve is the project management and systems expert. Steve is also co-host of PPN St Pancras.
CONTACT METHOD
Email - [email protected]
Website - http://www.thehmoexperience.co.uk/
Facebook Page - https://www.facebook.com/thehmoexperience
---Send in a voice message: https://anchor.fm/thehmoexperience/message1 hr 5 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.
Listeners love the knowledgeable & entertaining way Matt Harris, Jamie Madill and Steve Mitchell bring you practical advice about how to start and scale your own HMO property business so that you can create job-replacing income.
Matt, Jamie and Steve share their expertise & experiences in applying Rent2Rent and HMO property investing tactics that will help you generate income fast and gain financial freedom with your own portfolio of HMO properties.
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