Player FM 앱으로 오프라인으로 전환하세요!
Student HMOs v Professional HMOs
Manage episode 328793703 series 3309995
#18
You’re looking for the perfect UK investment opportunity... You’ve decided on a strategy of high cash flowing Houses of Multiple Occupation. But should you target students or professionals for your HMOs?
You’ve heard that students will wreck your property leading to high maintenance costs. And they disappear in summer leaving your property empty.
But you’ve also heard that professionals rarely stay for longer than six months, so your managing agent is constantly looking for new tenants.
Understanding your investment area is a key factor when entering the buy-to-let property market in the UK.
Stuart Lordan initially targeted students but adapted his strategy due to the changes in his chosen investment area of Plymouth. He now targets both.
While HMOs definitely provide impressive rental income, Stuart has found that a laser focus on reducing maintenance costs can help ensure that his portfolio returns a healthy profit for his portfolio.
This episode is packed with useful information for expats thinking of investing in HMOs, giving you the skills, knowledge and tools for smarter UK property investing.
Rate, review and follow the show at www.expatpropertystory.com
Chapters:
Expat Property Story (2’00”)
Joke (8’19”)
Postcode Challenge (8’32”)
Student HMOs (10’06”)
Students v professionals (12’51”)
Landlords leaving the sector (15’51”)
Managing expenses (16’59”)
A case study: 13-bed HMO (22’33”)
Advice for remote investors (26’19”)
Working with investors (27’38”)
Risk (28’53”)
Highlights (29’36’)
153 에피소드
Manage episode 328793703 series 3309995
#18
You’re looking for the perfect UK investment opportunity... You’ve decided on a strategy of high cash flowing Houses of Multiple Occupation. But should you target students or professionals for your HMOs?
You’ve heard that students will wreck your property leading to high maintenance costs. And they disappear in summer leaving your property empty.
But you’ve also heard that professionals rarely stay for longer than six months, so your managing agent is constantly looking for new tenants.
Understanding your investment area is a key factor when entering the buy-to-let property market in the UK.
Stuart Lordan initially targeted students but adapted his strategy due to the changes in his chosen investment area of Plymouth. He now targets both.
While HMOs definitely provide impressive rental income, Stuart has found that a laser focus on reducing maintenance costs can help ensure that his portfolio returns a healthy profit for his portfolio.
This episode is packed with useful information for expats thinking of investing in HMOs, giving you the skills, knowledge and tools for smarter UK property investing.
Rate, review and follow the show at www.expatpropertystory.com
Chapters:
Expat Property Story (2’00”)
Joke (8’19”)
Postcode Challenge (8’32”)
Student HMOs (10’06”)
Students v professionals (12’51”)
Landlords leaving the sector (15’51”)
Managing expenses (16’59”)
A case study: 13-bed HMO (22’33”)
Advice for remote investors (26’19”)
Working with investors (27’38”)
Risk (28’53”)
Highlights (29’36’)
153 에피소드
모든 에피소드
×플레이어 FM에 오신것을 환영합니다!
플레이어 FM은 웹에서 고품질 팟캐스트를 검색하여 지금 바로 즐길 수 있도록 합니다. 최고의 팟캐스트 앱이며 Android, iPhone 및 웹에서도 작동합니다. 장치 간 구독 동기화를 위해 가입하세요.