The HMO Podcast

Are you prepared to enter a recession?

In this episode, we're going to talk about recession-proof strategies for HMO property investors. Now, I don't want to be known for scaremongering, but I want to ensure that I'm prepared if we do go into a recession. And let's be honest, things look a little bit dicey out there at the moment.

So today, I've got nine strategies that will help you navigate through a recession, if that is ultimately what happens.

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Please leave us a quick review on Apple Podcasts or Spotify if you find this episode useful.

Got any questions? Ask us in The HMO Community Facebook Group or follow me on Instagram @andygraham.hmo for daily HMO tips and advice! 

If you want to join my 1-2-1 mentoring program, you can enquire here. 

New to HMOs? Join The HMO Roadmap -  an exclusive community and online learning platform for HMO property investors. As a member, you’ll get access to online training, group coaching, a deal stacker tool, case studies, contract templates and more resources to help you start, scale, and systemise your HMO business.

Can you believe we're already halfway through 2023? In this episode, we're going to do a deep dive into the goals and targets set at the end of last year.

We'll also discuss the latest economic challenges, such as inflation and the Bank of England's response. Discover how these factors have impacted my business and the strategies I've implemented to navigate through these uncertain times.

And as usual, I'll provide updates on what’s happening in my businesses especially as we approach the student changeover, and share valuable lessons learned along the way.

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Please leave us a quick review on Apple Podcasts or Spotify if you find this episode useful.

Got any questions? Ask us in The HMO Community Facebook Group or follow me on Instagram @andygraham.hmo for daily HMO tips and advice! 

If you want to join my 1-2-1 mentoring program, you can enquire here. 

New to HMOs? Join The HMO Roadmap -  an exclusive community and online learning platform for HMO property investors. As a member, you’ll get access to online training, group coaching, a deal stacker tool, case studies, contract templates and more resources to help you start, scale, and systemise your HMO business.

Today, I'm thrilled to have Ellie Broadhurst, our expert broker from The HMO Roadmap, join me for an important discussion. We'll be diving into the effects of interest rates, inflation, and the current state of the property market.

Ellie's expertise will help us provide you with a clear understanding of what's happening and ensure you're equipped to manage your expectations. In times like these, it's natural to feel anxious, but remember, we're here to alleviate those anxieties and empower you to make informed decisions.

Our primary goal is to offer practical strategies that can help you navigate this uncertainty. We know these challenges can be overwhelming, but rest assured, by the end of this episode, you'll feel more prepared and confident in your ability to tackle whatever comes your way.

Interested in discussing your HMO mortgage and finance needs? Contact Ellie Broadhurst here. 

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Please leave us a quick review on Apple Podcasts or Spotify if you find this episode useful.

Got any questions? Ask us in The HMO Community Facebook Group or follow me on Instagram @andygraham.hmo for daily HMO tips and advice! 

If you want to join my 1-2-1 mentoring program, you can enquire here. 

New to HMOs? Join The HMO Roadmap -  an exclusive community and online learning platform for HMO property investors. As a member, you’ll get access to online training, group coaching, a deal stacker tool, case studies, contract templates and more resources to help you start, scale, and systemise your HMO business.

In this episode, we're excited to bring you another mini-mentoring session featuring Swarren Samra, a budding property investor. 

Despite being relatively new to the field, Swarren has already accomplished an impressive feat: successfully transforming a 3-bedroom property into a 5-bedroom HMO tailored for working professionals. Currently, he's actively engaged in his second project. He shared three thought-provoking questions with us, and I’ll do my best to provide invaluable advice to support him in achieving his big goals.

During our mentoring session, Swarren raised the following questions:

• “I have 3 potential investors. One is looking at a joint venture partnership, another at an actual return on their investment. Finally, the third has requested an earn-and-learn type model. How do I structure these deals and what legal documents or considerations must be implemented to ensure each is satisfied with the outcome?”

• “When I am able to onboard an investor for a particular project, what are my options if the investor is adamant they want their money back early? How can these situations be handled, and have you experienced this before?”

• “I am working on 2 and 3-bedroom properties and converting them into 5 and 6-bedroom HMOs. I have a strong desire to move into larger properties and developments. What are the thought processes behind converting a large building into a 10 or 12-bedroom HMO Vs 4 or 5 flats? How do you differentiate which is the best way to go?”

By addressing these questions, our aim is to equip our listeners with practical advice and effective strategies they can implement to kickstart and expand their own HMO property businesses.

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Please leave us a quick review on Apple Podcasts or Spotify if you find this episode useful.

Got any questions? Ask us in The HMO Community Facebook Group or follow me on Instagram @andygraham.hmo for daily HMO tips and advice! 

If you want to join my 1-2-1 mentoring program, you can enquire here. 

New to HMOs? Join The HMO Roadmap -  an exclusive community and online learning platform for HMO property investors. As a member, you’ll get access to online training, group coaching, a deal stacker tool, case studies, contract templates and more resources to help you start, scale, and systemise your HMO business.

In this episode, we dive into the often overlooked but crucial aspect of financial planning for your HMO property business. While it may not be the most glamorous side of property investment, it is an essential part of what we should all be doing, yet many of us fall short in this area. We will cover the following topics:

• Basics of financial planning
• Setting financial goals
• Budgeting
• Cashflow management
• Profit and loss forecasting
• Finance and investment reinvestment
• Risk management contingency and planning
• Tools and software for implementation and management

Whether you're a seasoned investor or just starting out, this episode will provide you with practical strategies that you can implement right away. 

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Please leave us a quick review on Apple Podcasts or Spotify if you find this episode useful.

Got any questions? Ask us in The HMO Community Facebook Group or follow me on Instagram @andygraham.hmo for daily HMO tips and advice! 

If you want to join my 1-2-1 mentoring program, you can enquire here. 

New to HMOs? Join The HMO Roadmap -  an exclusive community and online learning platform for HMO property investors. As a member, you’ll get access to online training, group coaching, a deal stacker tool, case studies, contract templates and more resources to help you start, scale, and systemise your HMO business.

Can 100% hands-off property investment really work? 

In this episode, I'm thrilled to have Samuel Hemmings from HemCo Property Investments as our guest. Samuel is a British national residing in Amsterdam with his family, actively investing in the UK. 

During our conversation, Samuel and I explored a wide range of topics, including:

• Samuel’s experience in running and improving complex operations of start-up companies
• His first property investment and the reason behind his choice to invest in HMOs
• His meticulous process and criteria for selecting investment locations
• The inherent challenges of remote investing
• His tips and advice for aspiring remote property investors

Plus, we delved into a unicorn case study showcasing an all-ensuite 6-bed student HMO with a 1-bed apartment.

If you're eager to learn the ins and outs of remote and hands-off investment strategies, this episode is an absolute must-listen.

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Please leave us a quick review on Apple Podcasts or Spotify if you find this episode useful.

Got any questions? Ask us in The HMO Community Facebook Group or follow me on Instagram @andygraham.hmo for daily HMO tips and advice! 

If you want to join my 1-2-1 mentoring program, you can enquire here. 

New to HMOs? Join The HMO Roadmap -  an exclusive community and online learning platform for HMO property investors. As a member, you’ll get access to online training, group coaching, a deal stacker tool, case studies, contract templates and more resources to help you start, scale, and systemise your HMO business.

The long-awaited Renters Reform Bill has finally been published and is now making its way through Parliament. This is a substantial document with a lot of information to digest. 

However, I have taken the time to thoroughly review it, and today, I will highlight some of the most important aspects that, as HMO property investors, we need to be aware of and start considering.

Overall, I believe this bill is not particularly favourable for landlords. While there are a few positive aspects that we will touch upon, it largely seems to favour tenants. Therefore, we need to understand and adapt to these changes. We will also discuss actionable steps that we can take in response.

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Please leave us a quick review on Apple Podcasts or Spotify if you find this episode useful.

Got any questions? Ask us in The HMO Community Facebook Group or follow me on Instagram @andygraham.hmo for daily HMO tips and advice! 

If you want to join my 1-2-1 mentoring program, you can enquire here. 

New to HMOs? Join The HMO Roadmap -  an exclusive community and online learning platform for HMO property investors. As a member, you’ll get access to online training, group coaching, a deal stacker tool, case studies, contract templates and more resources to help you start, scale, and systemise your HMO business.

In this episode, we're shaking things up a bit on the show as I'm joined by Matt Lester. 

Matt, a property investor and a member of The HMO Community, our thriving Facebook group, eagerly volunteered to participate in a mini mentoring session with me. He sent over three questions, and I'll do my best to provide valuable insights to help him with his HMO property business.

During the mentoring session, we tackled these questions:

• Are HMOs more challenging to execute in the South of England?
• What level of value uplift is required for the refinancing and scaling model to be effective?
• How can first-time investors obtain commercial valuations?
• What criteria should one consider when sourcing potential HMO areas?
• How can one determine if an area is family-friendly and unsuitable for HMOs based on council preferences?
• Do HMOs with seven or more occupants require seven parking spaces, or can proximity to transportation options suffice?
• Tips for approaching friends, friends of friends, and family members who might be suitable investors.

By addressing these questions, we aim to equip listeners with practical advice and strategies to start and scale their HMO property business.

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Please leave us a quick review on Apple Podcasts or Spotify if you find this episode useful.

Got any questions? Ask us in The HMO Community Facebook Group or follow me on Instagram @andygraham.hmo for daily HMO tips and advice! 

If you want to join my 1-2-1 mentoring program, you can enquire here. 

New to HMOs? Join The HMO Roadmap -  an exclusive community and online learning platform for HMO property investors. As a member, you’ll get access to online training, group coaching, a deal stacker tool, case studies, contract templates and more resources to help you start, scale, and systemise your HMO business.

In today's episode, I will discuss three common mistakes that new renters and operators often make. These mistakes can prove fatal to their business, and hence, it is essential to know about them and avoid them.

As someone who started building their rent-to-rent business in 2016 and scaled it across cities like Leicester, Sheffield, and Manchester, I have a soft spot for rent-to-rent. However, these mistakes are not exclusive to rent-to-rent. People often make them when buying HMOs for themselves.

The rent-to-rent business is unique because of its sensitive numbers and thinner margins. Making these mistakes in this business can prove challenging and sometimes even impossible to recover from. 

So in this episode, I will discuss these mistakes so that you can avoid them and secure the success of your R2R business.

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Please leave us a quick review on Apple Podcasts or Spotify if you find this episode useful.

Got any questions? Ask us in The HMO Community Facebook Group or follow me on Instagram @andygraham.hmo for daily HMO tips and advice! 

If you want to join my 1-2-1 mentoring program, you can enquire here. 

New to HMOs? Join The HMO Roadmap -  an exclusive community and online learning platform for HMO property investors. As a member, you’ll get access to online training, group coaching, a deal stacker tool, case studies, contract templates and more resources to help you start, scale, and systemise your HMO business.

I'm thrilled to have my mentees, Joe and Olivia from JO Property Group, back on the show today. Their R2R management business has been growing rapidly with around 30 properties under their management. 

As their mentor, I have been closely involved with their progress, and I'm excited to share their latest business update with you. 

During our conversation, we covered a range of topics including:

• How they discovered the R2R business model
• How they started their R2R business
• The amount of capital they invested at the start
• What are their long-term goals 
• How do they find and secure deals
• The role of mentoring in their success

Whether you're contemplating starting an R2R business or looking to improve your existing one, this episode will provide valuable insights.

So, stay tuned until the end to learn from my conversation with Joe and Olivia from JO Property Group.

Learn more about Joe & Olivia’s 1-2-1 Mentoring Program here.

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Please leave us a quick review on Apple Podcasts or Spotify if you find this episode useful.

Got any questions? Ask us in The HMO Community Facebook Group or follow me on Instagram @andygraham.hmo for daily HMO tips and advice! 

If you want to join my 1-2-1 mentoring program, you can enquire here. 

New to HMOs? Join The HMO Roadmap -  an exclusive community and online learning platform for HMO property investors. As a member, you’ll get access to online training, group coaching, a deal stacker tool, case studies, contract templates and more resources to help you start, scale, and systemise your HMO business.