The Essential Co-Living and HMO Manual is here and it’s going to teach you everything you need to know to start, systemise, and rapidly scale your portfolio or business.
The HMO market has undergone significant changes since the financial crisis in 2009 so if you’re looking for a step-by-step process on how to make your business a success in 2021 and beyond, then this e-book is just for you. Download now!
I have over ten years of experience in investing and developing HMOs so I gathered everything I learned about the HMO business to make it easier for those just starting out. My e-book has a whopping 17 chapters (50,000 words) and I guarantee they will help you build your HMO property business faster!
So, what can you expect to find inside The Essential Co-Living and HMO Manual?
● Sourcing HMO Properties
● Appraising HMO Properties
● Planning the Refurbishment
● Delivering the Refurbishment
● Interior Design
● Furniture and Appliance Solutions
● Certificates
● Utilities, Bills, and Going ‘All-Inclusive’
● Enquiries and Viewings
● Successfully Convert Viewing to Tenants
● Referencing and Guarantors
● Taking Deposits
● Tenancy Agreements
● Inventories and Inspections
● Managing Your Tenants
● Basic Business Financials
● Raising Private Finance
Finding good quality and well-located HMO properties is an essential first step to building your HMO business, which is why the first two chapters of my manual are dedicated to this. To get good property deals, you need to be able to work with agents, build up your database of ‘leads’, have an effective digital marketing strategy, and develop your personal network of contacts and associates.
But what happens when you do find a deal? When you find a potential deal, you need to be able to appraise it accurately, but more importantly, you need to understand how to interpret the results of your appraisal. My manual will teach you all you need to know about appraising and evaluating HMO properties, and if you are a member of The HMO Roadmap, you can use our revolutionary ‘My HMO’ deal appraisal App to evaluate and store its performance.
After finding a location and the type of property you want to build your business around, you’ll need to know how to refurbish them to create market-leading products. The process can be complex, which is why I outlined the things you need to take into account when you’re planning and delivering your refurb project and designing and furnishing its interior.
But once you’ve created an incredible HMO, the real work begins…
Even if you’ve created an incredible property, it doesn’t mean tenants will automatically flock to live there. You need to make sure you advertise your properties in the right way and in the right places. And you need to make sure you attract high-quality tenants to avoid rental voids which means creating effective adverts and understanding how to ‘hack’ the advertising portals! The good news is, all of this and much, much more is included inside The Essential Co-Living and HMO Manual.
Get ahead of the game! Become a member today!
About the Author:
Andy Graham is the founder and the lead trainer at The HMO Roadmap! He is also the co-founder of The HMO Mastermind and Smart Property, a specialist HMO property investment and management company. He writes as a regular columnist in different magazines about a variety of HMO topics and the host of The HMO Podcast! Follow Andy on Instagram!