What is an HMO, and what are the pros and cons of this property investing strategy? Instead of renting a property on an Assured Shorthold Tenancy (AST) to a single family, a way to leverage the capacity within that property is to rent the individual rooms to unconnected tenants - generating increased revenue and cash flow for the property owner. You’ll hear from four members of the WealthBuilders community who are each focusing on different market sectors, and discover how they are delivering value for their tenants and customers using the HMO strategy. You’ll also hear why ‘not having enough money’ is not a reason to delay getting started!

Show contributors - Kevin McDonnell, Andy Bedwell, Chris Paton, Kevin Kinsella.

Resources Mentioned In This Episode:

No Money Down Property Investing - Kevin McDonnell [Book]

Houses of Multiple Occupation Guidelines - Gov.uk

Find Out More About The WealthBuilders Academy
A step by step process to help you create, build and protect your wealth.
https://www.wealthbuilders.co.uk/academy

Register for Free Access to the WealthBuilders Membership Site
https://www.wealthbuilders.co.uk/membership

If you have been enjoying listening to WealthTalk - Please Leave Us A Review!