The HMO Success Podcast with Wendy Whittaker-Large

HMO Success Podcast Episode 81 - What to do when eviction is your only option. Five tips for a successful eviction! We had to go to court this week to evict two tenants from a buy to let property that we own. I came home and wanted to get my thoughts voiced so that I could help you if you have to evict someone from a property. I am not a legal advisor or a solicitor - these are my ramblings about how you should deal with it if this issue ever affects you. I've outlined my five key tips to assist you when dealing with this problem, and I hope it helps. It's not a nice situation, but one that you are likely to face at some point. Let me know your thoughts!

HMO Success Podcast Episode 80 - Financial Markets, Housing and the Banking Crisis : What does this mean for HMOs (A Mentoring Webinar Recording) Please join in as a guest on one of my monthly mentoring webinars - usually exclusively for my paying clients - but this month you can listen in as we discuss the banking crisis (whether it is one or not), financial markets and changes to interest rates, and how inflation is affecting HMOs. Also what to be aware of in the coming weeks and months and how to prepare for changes to taxation and allowances.

HMO Success Podcast Episode 79 - Susannah Cole from The Good Property Company - starting, staying the course and seeing the growth! Susannah Cole started investing in property when she realised she had to find a way to increase her personal cashflow. As the head of household, with two young children, the £10 spare change she had per month was never going to give her the income she wanted or needed. By discovering how to add value to a property, and then re-finance it, she began to build up a sizeable portfolio. She launched TGPC as a Deal Sourcing and JV Flipping Company, sourcing over 200 deals, at a value of £45 million for an agreed price of £30 million in less than 5 years. Her first 42 flips sold for £402k more than expected and she has raised (and fully paid back) ££millions in private finance. Today she helps property investors, from start up to experienced, through her Flagship Online 60 Day Academies and online property programmes. She lives both in Barcelona near the Mediterranean and Bristol where her substantial property portfolio is based and enjoys travelling this wonderful world we live in. She has extensive experience in flips, HMOs, B-R-R and is a well-known and highly regarded property expert.

HMO Success Podcast Episode 78 - Nataliya Makhonina-Byrdan - How a Russian woman is changing the face of Estate Agency in London Managing a family, a business and a burgeoning HMO portfolio, Nataliya Makhonina-Byrdan is a woman on a mission. Not content to be running one of the most successful start up estate agencies in London, she herself decided to invest in HMOs and see what investors see as she sells them houses to live in. Working with high net worth clients and those from overseas looking to base themselves in the capital Nataliya speaks the language of the buyer, the investor and the vendor. These are not transactions: these are relationships which allow her to support and impact the lives of her clients. As well as being multi lingual in a property sense, she is literally multi-lingual too and works with clients across the world to help them find their dream home in London. If you wish to contact her to find out more about how she can help you, her contact details are here: Nataliya Makhonina-Byrdan Company Director ‪Mobile: +44 7553 109657 Email: [email protected] Office: +44 20703 00343 Email: [email protected] ukpropertyadvisors.com/en london.ukpropertyadvisors.com kwuk.com

Neil Chadda is an HMO investor, entrepreneur and business owner. He has been investing in HMOs in London and is also the admin for the HMO Group on Facebook - the largest HMO Facebook group with over 10,000 members. He has recently launched NEVO - a new platform to help HMO investors systemise their business. It works for investors, landlords, operators and lettings agencies. In our interview, Neil discusses the challenges of being an HMO operator in 2023, how he sees the landscape moving forward and how NEVO can help solve some of those tricky issues. Neil is also part of the HMO council tax reform group and his previous role as a political lobbyist has helped us to shape and frame a message more effectively. He talks a little bit about his role in the group and the strength of the campaign in 2023. To contact Neil please use the details below: Neil Chadda [email protected] 07957785533 www.nevoliving.com

HMO Success Podcast Episode 76 - How a Property Stager can Sell your HMO rooms faster and for higher rent Helen Saunders is CEO of No26 Property Stagers - and she claims she can sell rooms faster than you can advertise them. With HER help, many landlords have seen their rooms go from empty to full overnight! In today's episode Helen explains what she does and why she does it - and what results she gets for her clients (which are truly amazing by the way). Maybe you wondered what a property stager did and how they can help you? Listen in to find out more! Helen can be found here: https://www.no26propertystagers.co.uk/home-staging

HMO Success Podcast Episode 75 - Efficient Tax Planning for Growing your HMO Portfolio Neil Ryder from https://propertytax360.co.uk/ is a tax expert who has helped multiple clients reduce their tax liability and increase their income through careful and expedient planning. In this revealing interview, he uncovers some of the areas that the unwary investor could encounter if they are not well educated about tax. Inheritance tax, Capital Gains Tax, Stamp Duty Land Tax, Income Tax - these all cost us money to pay, and reduce our cash to invest with. How can you legally and compliantly reduce these bills? Section 24 has made a huge impact to investors, and forced many to leave the industry - with Neil's help, you could completely mitigate the impact of Section 24. On the other side of the coin, you have allowances - capital allowances, CGT allowance, incorporation relief - to name but three. How can you maximise these allowances and therefore increase what you keep? When it comes to planning how to grow and planning how to leave a legacy to your loved ones, have you considered how your estate could be treated on your death and what impacts your lack of tax planning might have? Neil doesn't give quick and easy answers. He's not one to suggest a SSAS or a Trust is the answer - if they are not products that fit your overall goal. He has some incredible solutions up his sleeve which are creative and workable and personalised to your unique goals. To contact Neil, please visit his website https://propertytax360.co.uk/

HMO Success Podcast Episode 74 - Are HMOs a lot of work? If you're worried about the time commitment needed to create a profitable HMO portfolio, in this episode I share my story about how I went from 0 - 50 rooms without any help and how I did it on 10 hours a week! After that, for my business to scale, I had to employ staff, systemise my processes and focus on my business priorities. Perhaps you're wondering how your time will be spent and if you can manage that around a full-time job and family commitments Hopefully my story will help you to see that it is possible with grit and determination (and effort). HMOs are not easy but they are lucrative, and if you're willing to commit a handful of hours per week, you too can make this investment work for you. You'll find a very special invitation embedded in the podcast and if you want to join me on 10th December at my event 'How Can I Invest in HMOs in 2023?' here's the link to reserve your space. I'm so looking forward to sharing my latest deals and the opportunity for YOU that is available when you decide to say yes to HMOs. Please reserve your place here: https://www.hmosuccess.co.uk/how-can-i-invest-in-hmos/ ------------------------ If you find this podcast useful, inspiring and helpful, please subscribe and share! ----------------------- For more information, guidance and support to help you invest in HMOs to create a profitable property portfolio, please head on over to my website www.hmosuccess.co.uk You'll find some free downloads to learn about HMOs as a high cashflowing strategy and how you can get started with very little money. If you want to learn more about my amazing tips which I compiled to help people just like you, you can get your own copy of my '101 Essential Tips for Running a Professional HMO' here: https://www.hmosuccess.co.uk/101-book-pp/. (Just pay postage and packing). I look forward to hearing from you! Wendy

HMO Success Podcast Episode 73 - How will the chancellor's Autumn Statement Affect HMO Investors? In this episode I wanted to do a deep dive on the announcements made by the UK's chancellor of the exchequer, Jeremy Hunt MP last week in his Autumn Statement. Changes to tax, CGT allowances and incentives to invest and grow are discussed. What are your views? Do you think this statement (budget) will encourage a growth economy? Or will it yet further stifle the economic growth of the UK? How should property investors be treated when it comes to 'unearned' income? Is it really 'unearned'? How fair is it that our income is classed differently from others when we make our way with all the risks that entails? I welcome your views on this controversial topic!

HMO Success Podcast Episode 72 - How does the NRLA help HMO Landlords? Wendy goes to the conference and meets Paul Shamplina (amongst others)! I visited the NRLA conference to mix and mingle with members of the UKs largest landlords organisation. I met the great and the good including Paul Shamplina from Landlord Action, the CEO of the Tenancy Deposit Scheme, Steve Harriot, (who gave some invaluable advice about deposits) and Inventory Hive - on why inventories matter. What does the NRLA do for HMO investors? Should you become a member? Who was at the conference and was it any good? What did the MP say about housing reforms, and what was the overall mood? And finally, what happened when I rocked up to the VOA stall... All will be revealed!

HMO Success Podcast Episode 71 - Why colour matters in your HMO interiors and how Fabienne Miller achieves fantastic results for her clients. Fabienne Miler is a Property Stylist and specialises in designing interiors of investment properties to attract people, increase occupancy and rates of return. She has recently won an international award for best home staging transformation. Her vision is simple: To create places where people want to be! Her passion for colour, simplicity and refreshing design makes creating uplifting interiors accessible to every investors – she now teaches it too to so more people can benefit of the impact it has on their investment. As she says ' the power of colour can literally transform your property returns'. She was a delight to interview and by next week you will see the YouTube version of the podcast (after all, what's colour without visuals?)! You can find more about her here: https://www.facebook.com/groups/propertystagingforinvestors https://fabienne-interiors.co.uk/

HMO Success Podcast Episode 70 - How YOU can invest in HMOs in 2022. If you would like to book a place on my FREE online training here's your link: https://www.hmosuccess.co.uk/how-can-i-invest-in-hmos/ On the day, we'll cover ... How my simple Five-Step system has literally transformed people's lives by enabling them to understand how to invest in HMOs What each of the five steps consists of and why EACH one is relevant to you if you want to create residual income How to determine whether HMOs are the right strategy for you What to do if you have money to invest but no time What if you have no money to start with? How to avoid the pitfalls that attract the unwary What skills you need to invest The myths surrounding HMOs The TRUTH about investing in HMOs This FREE online training will really help you understand just how to create financial freedom from HMOs. Even in the current climate, I'll be sharing just how many of my clients are taking action and making money (even without having money to start with). You will learn what is currently happening in the HMO market (the good, the bad and the ugly) and where the opportunities lie for the informed investor. Don't delay - book your space now here: https://www.hmosuccess.co.uk/how-can-i-invest-in-hmos/

HMO Success Podcast Episode 69 - Investing, Money and How to be Free - with Paul Lanfear - The Property Surfer Paul Lanfear is an award winning property entrepreneur, investor, developer and multiple business owner. He loves to surf the waves (and the web) and to help others achieve financial freedom through mentoring and coaching. His knowledge about money an investing is wide and deep and I was delighted to interview Paul and get some insights into his take on life now that he is financially free. The Property Surfer. I like that!

HMO Success Podcast Episode 68 - How Anna Wren is changing the student HMO market in Manchester Anna is a numbers girl and as a result she knows what to look for in an HMO market and how to find ideal properties to convert into HMOs. After working abroad for a time, she decided to throw her hat in the ring in South Manchester, where she has built up an impressive portfolio of student HMOs. She tells Wendy just how she's coped during Covid and how the student market is looking right now. If you're thinking about investing in student HMOs or already do, Anna's experiences will no doubt strike a chord as she lets us in on cleaning, maintenance and running a student HMO. Never one to rest on her laurels, Anna's new venture is taking her in other directions - linked to HMOs - but with a wider remit and it's something that might help you with if you're struggling to find projects or sites to develop. If you want to contact her, here are her details: Anna Wren Co-Founder & Director Email: [email protected] Tel: +44 7393 172 548 Web: https://www.prime-land.co.uk/

HMO Success Podcast Episode 67 - At the Property Investor Show with Daryn Brewer from ProPods I was fortunate to be at the Property Investor Show where I was speaking as part of a panel discussing the current challenges for HMOs. One of the other panellists was Daryn Brewer, from ProPods in Portsmouth. He has been regenerating his high street through transforming neglected buildings into valuable co-living properties. I spoke to him about what he's been doing since ProPods began and how the brand is unfolding. We also discussed the challenges and opportunities ahead. A real go-getter, Daryn is focused on changing his local area by demonstrating a commitment to transformation, and being a voice for his local community.

HMO Success Podcast Episode 66 - Vann Vogstad from Coho - The HMO Awards and the Future of HMOs Vann Vogstad is the founder of COHO - a unique online management system for HMOs. In this interview he shares his thoughts about the launch of the very first HMO Awards held on Friday 30th September 2022 (just last week) and his thoughts about a further event in 2023. Vann has a strong vision of where he wants the HMO industry to go - but do you agree with him? Is this vision or just wishful thinking? 'We need to create HMOs that people aspire to live in, not as a back-up second rate option'. Vann's hugely creative drive and determination continues to push forward his online platform, and you can hear of the additional features that COHO are adding to their offering now too. Listen to Wendy's interview with him now, and if you want to know more about COHO please visit the website here: https://coho.life/

HMO Success Podcast Episode 65 - How will the energy crisis affect HMOs? Interview with Emma Hayes from Platinum Property Partners Emma Hayes is the dynamic and creative MD of Platinum Property Partners, where she supports franchisees develop profitable HMO portfolios. She has a depth of understanding and knowledge due to her time and involvement in HMOs. Here she discusses the current investing climate, the outlook for HMOs and the impact that energy prices could have on HMOs. To contact Platinum Property Partners for more information please go to https://platinumpropertypartners.co.uk/

How will the Renter's Reform Bill affect you if you own an HMO? In this week's podcast, Wendy shares her insights and thoughts about this new piece of legislation and how to address it if you have an HMO. You can read all about it here: https://www.gov.uk/government/publications/a-fairer-private-rented-sector

Struggling to get an HMO deal over the line? Wondering if it's still worth it in the current economic climate? Perhaps I can shed some light on why what you're thinking and doing might be irrelelvant right now and how to correct it so you CAN find a deal!

If you would like to find out more about our campaign please go to www.http://www.hmosandcounciltax.co.uk/ and you can donate here: shorturl.at/bmUV6 Thank you for your support!

HMO Success Podcast Episode 61: HMOs and Council Tax Update Just keeping you updated about our campaign to retract council tax on individual HMO rooms! Listen to the progress we have made, and how you can stay informed and educated. If this has affected you, we'd love to hear from you, or anyone else you know of who has had this applied to individual rooms in their HMO. To join the Facebook group here's the link : https://www.facebook.com/groups/hmoct

HMO Success Podcast Episode 60: What's happening to room rents in HMOs? What's happening with room rents in HMOs right now? Are you seeing increased levels of demand and you've been able to increase your rents? Or are you under pressure to reduce your rents to get tenants in the door? I've been looking at the figures and the data across the UK and it makes for very interesting reading! I'd love you to get in touch and tell me what you are experiencing and where you think the market will lead. For more information, guidance and support to help you invest in HMOs and create a profitable property portfolio, please head on over to my website www.hmosuccess.co.uk You'll find some free downloads to learn about HMOs as a high cashflowing strategy and how you can get started with very little money. If you want to learn more about my amazing tips which I compiled to help people just like you, you can get your own copy of my '101 Essential Tips for Running a Professional HMO' here. (Just pay postage and packing). https://www.hmosuccess.co.uk/101-book-pp My facebook group is a lively community of HMO investors where you can find tips and tricks to investing in HMOs and you can join here. https://facebook.com/groups/TheUltimateHMOSuccessSystem/ For a FREE 30 minute call for any help you might need with HMOs, and to understand what I can offer you to help you progress your portfolio, please book a call here: https://fwfozt-free.10to8.com/ I look forward to hearing from you! Wendy ---------------

HMO Success Podcast Episode 59: Creating cashflow and a legacy in HMOs with Jane Vincent from The Fold Co-Living Some guests on my podcast are very good at self-promotion and love being interviewed. Others are a little more wary! Often it's the quiet investors who build their business brick by brick, and in so doing create thousands of pounds of income for themselves, and a legacy for their family. One such investor is Jane Vincent, who, since joining the HMO Success Mentoring Programme, has steadily built her HMO portfolio to over 50 rooms which she manages herself. If you want to know what success looks like from someone who is not prone to over-exaggeration or bragging, whilst still finding time to help in her husband's engineering business and play a serious game of tennis, then Jane is your woman! I especially like her brand, her approach and her down-to-earth practical tips to help if you are just starting out. ----------------------------------------- For more information, guidance and support to help you invest in HMOs and create a profitable property portfolio, please head on over to my website www.hmosuccess.co.uk You'll find some free downloads to learn about HMOs as a high cashflowing strategy and how you can get started with very little money. If you want to learn more about my amazing tips which I compiled to help people just like you, you can get your own copy of my '101 Essential Tips for Running a Professional HMO' here. (Just pay postage and packing). https://www.hmosuccess.co.uk/101-book-pp My facebook group is a lively community of HMO investors where you can find tips and tricks to investing in HMOs and you can join here: https://facebook.com/groups/TheUltimateHMOSuccessSystem/ For a FREE 30 minute call for any help you might need with HMOs, and to understand what I can offer you to help you progress your portfolio, please book a call here: https://fwfozt-free.10to8.com/ I look forward to hearing from you! Wendy ---------------

HMO Success Podcast Episode 58: If you think HMO education is expensive, try ignorance! I made some rookie errors in the beginning of my journey, and I see it all the time with new investors. Without the right education, you can lose so much money FAST. I make no apology for believing in education to change your mindset, your skills and your results. If you are thinking of investing in HMOs I would encourage you to find the right training to help educate you and give you the right tools to do this in today's marketplace. Here at HMO Success we are running a three day HMO Intensive on 9-11th July and we'd love you to be there! You'll learn: Financial Foundations to ensure your business starts correctly and can grow fast Sourcing, Structuring and Securing the BEST HMO deals - Understanding WHERE to find the best places to invest and HOW to do your due diligence Project Management Masterclass (saving time and money) - How to manage builders, timescales and budgets Interior Design Intensive (to create rooms that sell out fast) - How to create beautiful rooms with low-cost and no-cost solutions Tenant Tamper-Proofing (ways to become efficient) through using technology and insider know-how! Remote Control Your Rentals - So its hands-free and you're happy! Learning the systems that will make your portfolio work without you. As a fabulous bonus for attending the three-day workshop, you will receive a bundle of amazing goodies worth over £600! Contained within a physical pack of information and an 8GB USB stick with explanatory videos, the pack includes A Step by Step weekly activity schedule to get your first HMO up and running Deal Analysis Toolkit - so you know just how to crunch the numbers on a deal The Unique Project Planner System - to ensure you hit your project on time and on budget A Budget and Costings Master Sheet if you have never project managed before A Complete Tenancy Pack - with all you need to rent your rooms effectively 7 creative ways to add maximum value to a property Three HMO case study kits to copy and model How to choose a GREAT HMO Agent Cheatsheet Your very own Virtual Assistant Tool Kit PLUS BOTH of my best selling HMO books! We still have a couple of places available for the July event (plus you get to take home the recordings for posterity)! For more information please visit https://www.hmosuccess.co.uk/hmointensivehome/

HMO Success Podcast Episode 57: Where attention goes, energy flows and results show. The role of good nutrition in HMO investing. This week I get to interview James Morehen, who is the Lead Performance Nutritionist for the England Women's Senior Squad at the Football Association (and my personal sports nutritionist). Fuelling your body to be the best performing vehicle it can be takes knowledge, commitment and understanding. James shares his top tips about nutrition to enable you to have ongoing stamina, positive mental health and a full tank of energy - all necessary if you're building a property business. It's not just performance athletes who need to take care of what they eat - we all do! James gives advice on the Three Ts of nutrition; how to maintain energy during the day and avoid that mid-afternoon slump; how to eat carbs without getting fat; and the role of supplements. James has a doctorate in sports nutrition so he really knows his stuff, and he's worked with people at the top of their game. Being able to apply this kind of knowledge to your own life as you build a profitable HMO business is what I wanted to know all about, and here James shares some of his best tips to help you achieve a healthy body and healthy business. Alongside his public work, James takes on a few selected clients each year. If you would like to enquire about his services and how he can help you change your eating habits to change your energy then please contact him at [email protected] He's on LinkedIn - James Morehen Twitter - @James_Morehen Instagram - MorehenPerformance

HMO Success Podcast Episode 56: No BS - Richard Nicholls from The Property Advantage shares his unique full market insight on HMOs. One of the more lively personalities in the HMO investment space is Richard Nicholls. He has one distinct advantage - his role takes him all over the country seeing the best and the worst of HMOs. He has unique knowledge about the HMO industry and what is happening right here and now on the ground in HMOs. In this episode I had the pleasure of interviewing him about his HMO brokerage, The Property Advantage, and his insider information - gleaned from months of viewing hundreds of HMOs up and down the country. If you've ever wanted to know where the best returns are, whether room rates North and South are roughly comparable, and whether feature walls really make a difference, you'll want to listen to the NO BS HMO informant! For more information about Richard and his amazing team at The Property Advantage please go to https://www.thepropertyadvantage.co.uk/ https://www.facebook.com/thepropertyadvantage/

HMO Success Podcast Episode 55: When training for the London Marathon is like running an HMO business! Did I mention that I got into the London Marathon this year? Yes, October 3rd is the date and I'll be running my little socks off to get through those 26.2 miles. I've realised that my training is not dissimilar from running an HMO business, and in this episode, I'd like to share the parallels. Whether or not you're a runner doesn't matter. What matters is the lessons you can learn from this (rather slow plodding) runner and help you in your growth as a property entrepreneur! For more information, guidance and support to help you invest in HMOs and create a profitable property portfolio, please head on over to my website www.hmosuccess.co.uk You'll find some free downloads to learn about HMOs as a high cashflowing strategy and how you can get started with very little money. If you want to learn more about my amazing tips which I compiled to help people just like you, you can get your own copy of my '101 Essential Tips for Running a Professional HMO' here. (Just pay postage and packing). https://www.hmosuccess.co.uk/101-book-pp My facebook group is a lively community of HMO investors where you can find tips and tricks to investing in HMOs and you can join here. https://facebook.com/groups/TheUltimateHMOSuccessSystem/ I look forward to hearing from you! Wendy

HMO Success Podcast Episode 54: How can inflation affect investing in HMOs? Do you understand what inflation is and how it affects your investments? How might it impact HMOs? Is it a force for bad or good in the economy and why should you be concerned about it? In this episode I get to unravel and explain how inflation affects property prices and how you can shield yourself from a currency de-valuation through investing in HMOs. If you want to know about this topic and how you can get started in HMOs to grow an asset base for the rest of your life, please join me on Tuesday 8th June 2021at 7.30pm when I will be running an online training session on the 7 Insider Secrets to Successful HMOs. This event will be perfect for you if: You're wondering about whether now is the right time to invest in HMOs. Having seen prices go up, is there still demand for rooms or are all areas saturated? I'll be sharing my latest research to help you decide. You don't know the 7 Insider Secrets to a Successful HMO: I'll be revealing the insider knowledge that will make you thousands of pounds of profit per year, if you put it into action. You're struggling to source deals that work: You'll learn how to find deals that could make you money without using Zoopla or Rightmove. You're not sure whether HMOs are the right strategy for you: Using a very simple self-assessment tool you can know instantly if this is a strategy for you! You're worried about over-supply in your area: If you're concerned about over-supply, you'll learn the little-known tools that give you immediate insight into your area. You need advice and guidance from an expert to make your next move: Without expert advice, you could find yourself in a situation worse than you are currently. This training gives you access to an HMO expert who has helped hundreds of people to create profitable HMO portfolios. Here's the link to book your place: https://www.hmosuccess.co.uk/7secrets/

HMO Success Podcast Episode 53: Do I need an architect to do an HMO refurb? If you're wondering about how and why to use an architect on your HMO refurb, let the guys from HMO Architects answer your questions. From what the cost is, to the benefits it will bring, to what you can expect as a client. ------------------------ For more information, guidance and support to help you invest in HMOs and create a profitable property portfolio, please head on over to my website www.hmosuccess.co.uk You'll find some free downloads to learn about HMOs as a high cashflowing strategy and how you can get started with very little money. If you want to learn more about my amazing tips which I compiled to help people just like you, you can get your own copy of my '101 Essential Tips for Running a Professional HMO' here. (Just pay postage and packing). https://www.hmosuccess.co.uk/101-book-pp My facebook group is a lively community of HMO investors where you can find tips and tricks to investing in HMOs and you can join here. https://facebook.com/groups/TheUltimateHMOSuccessSystem/ For a FREE 30 minute call for any help you might need with HMOs, and to understand what I can offer you to help you progress your portfolio, please book a call here: https://fwfozt-free.10to8.com/ I look forward to hearing from you! Wendy

HMO Success Podcast Episode 52: Future-proofing Your HMO - what does it mean and top tips to carry it through. If you've ever wondered what I mean when I speak of 'Future-Proofing' your HMO, in this episode I take a good look at what that means and why it's important for you. From the practical considerations like maintenance, heating and keys, through to the experience your tenants have, your bills and your income. How DO you make sure that your HMO is an asset that will continue to pay you throughout your lifetime without getting outdated, overtaken or a mess? For more information, guidance and support to help you invest in HMOs and create a profitable property portfolio, please head on over to my website www.hmosuccess.co.uk You'll find some free downloads to learn about HMOs as a high cashflowing strategy and how you can get started with very little money. If you want to learn more about my amazing tips which I compiled to help people just like you, you can get your own copy of my '101 Essential Tips for Running a Professional HMO' here. (Just pay postage and packing). https://www.hmosuccess.co.uk/101-book-pp My facebook group is a lively community of HMO investors where you can find tips and tricks to investing in HMOs and you can join here. https://facebook.com/groups/TheUltimateHMOSuccessSystem/ For a FREE 30 minute call for any help you might need with HMOs, and to understand what I can offer you to help you progress your portfolio, please book a call here: https://fwfozt-free.10to8.com/ I look forward to hearing from you! Wendy

HMO Success Podcast Episode 51: HMOs, the economic outlook and whether you should be investing right now The current housing market situation across the UK is unlike any we have experienced before. There are some signs in the market that over my 25 years of investing I have not seen collide before: Prices going up rapidly Interest rates set to stay low forever. Against a backdrop of a depression the Government debt is bigger than ever. Brexit impacts are being felt and Covid is placing huge restrictions on travel and jobs. The economy is at 93% of where it was before Covid. What does this mean for you as an investor? Should you buy or should you wait? If you would like to see the slides that go alongside this podcast episode (as it was originally a webinar) you can download them here. Alternatively you can watch the recording on my YouTube channel here: https://www.youtube.com/user/wendywl Join my Facebook group for up to date information on the market and how you can invest wisely in HMOs! https://facebook.com/groups/TheUltimateHMOSuccessSystem/

HMO Success Podcast Episode 50: Snagging your HMO project - what to do when you are on site. A live case study. I am out and about today on site! Finishing off a project (which is part of my 5 Step Process) includes the very final aspect of snagging your HMO. If you don't snag your project you could end up with a whole load of problems - and worst, more costs. It requires a good process, and a good eye. Come with me to walk through our latest project and hear what we discover as we look around the house. If you don't have your own snagging sheet, you can download a copy of the one I use here. For more information, guidance and support to help you invest in HMOs and create a profitable property portfolio, please head on over to my website www.hmosuccess.co.uk You'll find some free downloads to learn about HMOs as a high cashflowing strategy and how you can get started with very little money. If you want to learn more about my amazing tips which I compiled to help people just like you, you can get your own copy of my '101 Essential Tips for Running a Professional HMO' here. (Just pay postage and packing). My Facebook group is a lively community of HMO investors where you can find tips and tricks to investing in HMOs and you can join here. I look forward to hearing from you! Wendy

HMO Success Podcast Episode 49: To buy or not to buy? A commercial project evaluation! In today's episode you can come with me on site to evaluate a commercial project. I took my partner, Andy, with me to look at this large building in the centre of town. It had loads of potential but was it right for us? How can you calculate the costs when converting? What aspects of commercial conversions to HMOs should you be aware of? At the end of the episode we'll reveal what happened and whether we bought it or not. -------- For more information, guidance and support to help you invest in HMOs and create a profitable property portfolio, please head on over to my website www.hmosuccess.co.uk You'll find some free downloads to learn about HMOs as a high cashflowing strategy and how you can get started with very little money. If you want to learn more about my amazing tips which I compiled to help people just like you, you can get your own copy of my '101 Essential Tips for Running a Professional HMO' here. (Just pay postage and packing). My facebook group is a lively community of HMO investors where you can find tips and tricks to investing in HMOs and you can join here. I look forward to hearing from you! Wendy

HMO Success Podcast Episode 48: Imagine having a magic money tap - the endless HMO projects you could do! How can you create a magic money tap that gives you enough capital so that you never run out of funding? In this episode I share the four 'C's of working with investors. Whether you are borrowing money as a loan, or setting up a Joint Venture to invest in HMOs, these 4 'C's are what ALL investors need from you. Raising money is an essential skill if you are going to scale and grow, yet it seems almost impossible to do this at the beginning. By learning the insider secrets to raising finance you will never need to feel trapped and unable to invest. There is a process, there is a system, yet it is simple and anyone can learn how to do it. In fact, I would say you SHOULD learn how to do it! As my mentees often hear me say - 'It's when you run out of money that your learning really begins'! Further Resources For a FREE copy of the latest edition of '101 Essential Tips for Running a Professional HMO' please click here (just pay P&P_ https://www.hmosuccess.co.uk/101-book-pp At HMO Success we have products and services starting from £47 (plus vat) and going all the way to £12000 (plus vat) for our highest level Advanced HMO Mentoring Programme. If you are interested in our one day or two day events, or our 12 month programmes please email [email protected]

HMO Success Podcast Episode 47: HMOs are the way to leave your stressful, underpaid job! Interview with Dan Morehen from Southend-on-Sea Dan Morehen is a brand new HMO investor but despite working full-time with a young family, he's been able to source an amazing deal for his first HMO in Southend-on-Sea. In this interview he shares how he got going, what made him start, and how by learning to raise money from other people, he has already raised over £150k for his business. Further resources: If you want to learn more about how to get started in HMOs, you can order a copy of my BRAND new Second Edition of 101 Essential Tips for Running a Professional HMO here Please join our lively and informative Facebook Group for updates and regular posts. I look forward to helping you build a profitable and systemised HMO portfolio!

HMO Success Podcast Episode 46: How can prop tech tools make a difference to your business? Van Vogstad is a proptech expert who has created a brand new tool to help HMO landlords. Here he explains what Co-Ho does and how it can help you manage your properties more easily and efficiently. I grill him on the aspects of managing an HMO and whether Co-Ho really can do all it says on the tin. I'd love to know what you think! https://coho.life/

HMO Success Podcast Episode 45: How can I use my pension to invest in property? With Kevin Whelan Kevin Whelan from Wealthbuilders has helped hundreds of people invest in property using their pension. In this interview he explains what kind of projects are suitable for using your pension; what the differences are between SSASes and SIPPS; and how to ensure you stay the right side of the rules. You can contact Kevin through Wealthbuilders Website: https://www.wealthbuilders.co.uk WealthTalk Podcast - https://www.wealthbuilders.co.uk/wealthtalk/ Free Wealth Building Resources - https://www.wealthbuilders.co.uk/resources

HMO Success Podcast Episode 43: Should you leave your job and go full-time in property? What a dilemma! When I left my well-paid job to focus on my property business, I had to adjust to the change of being self-employed and no longer in the rat race! There were some notable learnings along the way. If you are considering leaving your job in 2021 what should you be prepared for when you find yourself reliant solely upon your property income? Is it just a pipedream? What is the reality? In this podcast I share my thoughts and learnings about what self-employment in the property world is really like!

HMO Success Podcast Episode 42: What is your Money Mindset? How does it affect you as an HMO Investor? Are you struggling with money fear? Do you save too much and find spending hard? Or are you the last of the big spenders and can't save a deposit for a property? In this episode I explore some of the main money mindsets that beset investors, and give some techniques that will help you grow a more 'fulsome' money mindset. Not only will this help you leverage debt to invest with, it will help you manage fear and doubt which are common emotions when you're learning to invest in HMOs.

HMO Success Podcast Episode 41: What's happening in the HMO mortgage market right now? An in-depth examination with a mortgage broker. What is really happening with HMO mortgages right now? Has lockdown caused the lockdown of HMO mortgages too? What are current lending rates? Can you still get 75% LTV loans? What about HMO valuations? Are they affected by cautious-covid surveyors? Can you get a mortgage for an SA unit? All this and much more! With thanks to Craig from Signature Financial Services for answering all your question.

HMO Success Podcast Episode 40: A live tour round a brand new HMO - what one investor has learnt along the way! In this LIVE tour around a brand new HMO, I interview Sarah Hulson-Beech, founder of HyggeHive - a specialist high end HMO company based in Stoke-on-Trent. Sarah takes me on a tour of her HMO and shares what she's learnt along the way. -How to deliver a project in lockdown -How to use your network to save money -The importance of a sound business partnership ....and lots more! If you're looking to invest in HMOs it's always fascinating to hear the projects and stories of other people who are just a few steps ahead. Sarah has other rental properties, but this is her first HMO project. I just wish I could show you photos as it is absolutely beautiful!

HMO Success Podcast Episode 39: What kind of property business do you really want? Paul Lanfear sheds light on how to make it happen. What kind of a property business do you want? Do you want a business that gives you a great lifestyle? Or do you want a business that goes for exponential growth and is a performance business? What kind of entrepreneur you are will affect what you want to get out of your business, and therefore, how you structure it and run it. In this insightful interview, Paul shares his motto for success ' Start with the end in mind' and gives brilliant guidance and advice if you are looking to design a property business from scratch. Even if you already have HMOs, or other investments, Paul shares his wisdom on what he sees in store for 2021 and where we should be focusing our time and energy to make the most of the opportunities that this year will provide.

HMO Success Podcast Episode 38: Coundil Tax Re-Banding on HMO Rooms: Will it affect you? This is going to be a hotly debated topic this year! More and more HMO landlords who are converting properties previously on Business Rates are finding that the Valuation Office has re-banded the rooms individually. This not only knocks out all the profit, but leaves the landlord / investor wondering what to do. I discuss this issue and highlight some anomalies with the process which are highly relevant. I'd be interested to know what your experiences are. Already there are a number of landlords who are encountering this issue and then being faced with a tribunal to argue their position. Most lose their appeal. What can be done? I'll explain why I think tribunals have got HMOs wrong and what you can do if you find yourself in that position.

HMO Success Podcast Episode 37: The Opportunities and Risks for HMO in 2021 - what are they and what should you do? Thinking about investing in HMOs in 2021? Or are you ready to expand your portfolio? What are the challenges and risks? What is the economy doing and how should you respond? Andy Large and Wendy Whittaker-Large from HMO Success discuss the risks and opportunities for investors in 2021 and how to find the right properties in the right area for the right results. We would love to know what your thoughts are - do you think interest rates will stay low? Will this affect the way you invest? Are you going to invest more this year or are you waiting to see what happens in the market? Listen now to understand what our joint discussion reveals about where we see the market going and what the economic context is telling us.

HMO Success Podcast Episode 36: How to Create the Life you've Dreamed of, with Diane Greenwood Diane Greenwood is a property investor with a portfolio of single lets and HMOs, as well as being co-owner of a specialist HMO property agency. She’s also the owner of Freshly Maid, one of the biggest non-franchised domestic cleaning companies in the UK, and is the host of the Harrogate Property Investors Network. Diane is a whizz at systemisation so that these business work for her rather than the other way around. Her hard work and enterprise have allowed her to reach a major milestone she's been dreaming of for years - a new life in France. Recorded at her gite in France, Diane explains just how she achieved this hugely important life goal and how you can do the same through investing and business.

HMO Success Podcast Episode 35: Capital Gains Tax Changes and how they might affect you as a property investor In this episode I outline what CGT is and how it is currently applied to you as a property investor. Then I go onto explain how the Chancellor of the UK Government has commissioned a report to look at ways in which it can be simplified and brought in line with income tax rates. Finally, you have the benefit of my opinion about the matter and the impact on business and investing. Enjoy! And if you agree or disagree I'd love to hear your views too!

HMO Success Podcast Episode 34: The Marathon Man! Interview with Mike Frisby HMO investor Mike Frisby has been investing for over 15 years and he shares his knowledge and experience about the best and worst deals he's done, and the outlook for HMOs for 2021 as he sees it.

HMO Success Podcast Episode 33: Talking to tenants in your HMO: why communication matters! Truth be told, I think there are some much better ways to communicate with your tenants than just talking to them! Save your time and money by using some smart ways to communicate effectively with tenants. Help make their lives easier, and you'll make your own much easier too! In this episode I go through the ways we communicate with our tenants and what I've learned about ringfencing my time.

HMO Success Podcast Episode 32: Do HMOs work in Swansea? Interview with James Stevens of Fairmile Property Co. If you've thought about investing in Wales but unsure about whether it would work, this interview will inspire you to find out more. James Stevens of Fairmile property only started 7 years ago but now has a rapidly growing portfolio of HMOs and has completed numerous other projects to boot! He shares his tips and his highs and lows, to help you if you are just starting out, or if you are caught between wanting to scale but concerned about the management of such an endeavour.

HMO Success Podcast Episode 31: Why is there a housing boom and should I panic? Even in the midst of coronavirus, the UK is seeing a massive increase in property prices! Why is this happening and what are the economic reasons behind this boom? Will it last? I give my thoughts, research and input into this very perplexing state of affairs and shed some light on the three areas which influence the housing market - human psychology and behaviour, government policy, and banking practices. I'll share my opinions about whether this will last, and what to do if you are investing in property or trying to buy a new home.