The HMO Podcast

Can you still get all of your money back out of an HMO deal in 2026? It’s one of the questions I get asked most often, and it came up again recently in the HMO Community. An investor with around £80,000 in cash wants to build a high-spec HMO and refinance every penny back out. Is that realistic, or is it too much to ask of one project? This episode is a community Q&A. I’ve picked five real que...

Leon Hart and his brother Kyle started their property business from their front room with no background, no contacts and almost no money. Today they run an established lettings business, deliver HMO conversions for investors and are building a portfolio of their own, funded by private investors. In this episode, I catch up with Leon, a former mentee of mine, for an honest conversation about what i...

Can you still pick up a bargain at auction that would make a great HMO? If you’d asked me a year or two ago, I’d have said yes, but there weren’t many opportunities around. Things have changed. The market has slowed, sellers are more motivated, and there are more opportunities in the auction room than I’ve seen in a long time. In this episode, I talk you through how to buy at auction without getti...

How much of your HMO rent do you actually get to keep? It’s easy to look at the monthly rent, deduct the mortgage and bills, and assume everything left over is profit. But the reality is there are dozens of other costs that can impact the long-term performance of a HMO. In this episode, I break down the real costs of running a HMO in 2026, covering around 60 different expenses across 12 categories...

It’s been a busy, challenging and exciting few months across my property businesses. In this episode, I’m giving you an honest update on exactly what’s been happening behind the scenes. From development projects and difficult tenants to refinancing, new purchases and why I’m shifting my focus back towards high-yielding HMOs. I also share some of the challenges we’ve faced, including getting a majo...

The mortgage market has shifted quickly in recent weeks, with rising swap rates, changing lender pricing and wider economic uncertainty creating another challenging environment for HMO investors. In this episode, I sit down with our specialist mortgage broker Ellie Broadhurst to unpack what's happening in the lending market right now, how the Renters' Rights Act is starting to affect som...

£10,000 per month in net income is a common goal for HMO investors, but very few people actually break down what it will take to get there. In this #Rewind episode, I break down a simple exercise I use with my mentees to reverse engineer that target, looking at how many properties you might need, the equity you’ll need to create and why adding value is such an important part of building and scalin...

Is HMO investing still worth it in 2026, and what do you actually need to know before getting started? In this episode, I’m on the other side of the mic as Ant Lyons from YPN Magazine puts me through my A–Z of HMO investing, covering everything from what makes a good deal and how to fund one, to Article 4, location, management, compliance and the mistakes that can quickly turn a promising project...

Should you manage your own HMOs, or pay somebody else to do it? It’s one of the most common questions HMO investors ask, and the decision is often based on one thing: how much money you could save by self-managing. But after nearly 20 years of investing in and managing HMOs, I can tell you there’s far more to consider than the management fee. In this episode, I break down what managing an HMO actu...

Some properties look like great HMO deals on paper, but there are certain problems that no amount of negotiating, refurbishing or clever deal structuring can fix. In this episode, I break down the types of properties I think HMO investors should avoid, or at the very least approach with a great deal of caution, and explain why some of these seemingly attractive opportunities can become very expens...

Most HMO investors spend thousands getting a property finished, but when it comes to the things tenants actually see, the budget has often disappeared. In this episode, I’m joined by Sammie and Adam Wale from Aben Interiors, HMO investors and specialists in HMO property staging, photography and videography. We explore why presentation matters more than ever and how getting those final details righ...

How much does it actually cost to refurbish an HMO? It’s one of the most common questions I get asked, and unfortunately, there isn’t one simple answer. The cost depends on the scope of the project, the specification you’re aiming for, where you’re investing and, importantly, whether you’ve accounted for everything that actually sits inside a refurbishment budget. In this episode, I break down how...

Most aspiring property investors don't struggle because they lack knowledge. They struggle because they never make the leap from learning to actually doing. They've read the books, listened to the podcasts, invested in education, but still haven't completed their first HMO project. In this episode, I'm joined by Dr. Michael Taylor , better known as ThePropertyGP. After building...

The first half of the year has been a reminder that building a successful property business is never a straight line. Some of my biggest wins have come alongside some of my biggest frustrations.  In this episode, I take you behind the scenes of my business and share an honest mid-year review of what's been working, what's tested me the most, and where I'm focusing my time and energy...

Most property investors spend years building wealth. But very few spend any time thinking about how they're actually going to protect it. What happens to your portfolio if you die unexpectedly? Who makes decisions if you lose mental capacity? Will your family inherit what you've built, or could poor planning, unnecessary tax, or even remarriage mean your wealth ends up somewhere you neve...

Most new HMO investors don't struggle because there aren't any opportunities. They struggle because they don't know where to start. They get overwhelmed by all the information, worry about making expensive mistakes, or spend too long waiting for the perfect time to take action. In this episode, I revisit one of the most important podcast episodes I've ever recorded because, if...

This week's episode is a little different. I recently joined Dan Hill for a Six Rounds episode of The Blueprint Podcast, where the format is simple: six surprise topics, no preparation, and no idea what's coming next. It made for a really honest conversation as we shared our thoughts on property investing, entrepreneurship, AI, the UK economy and what it really takes to build long-term w...

Most investors focus on finding the perfect deal. But after nearly 20 years of investing, I've learned that long-term success has far less to do with chasing the biggest returns and far more to do with building the right strategy. In this special episode, I join Ant Lyons from Your Property Network (YPN) for an honest conversation about how my approach to property investing has evolved, why I...

Property development can be an incredible way to build wealth, but it's also one of the toughest paths in real estate. The challenge isn't just finding great opportunities, it's building a business that can consistently create capital, generate cash flow, and give you the freedom to scale. In this episode, I sit down with one of my mentees, property developer and investor Jon Fish ,...

Most property investors don't struggle because they can't analyse deals. They struggle because they don't know how to make a decision once the analysis is done. Should you buy it? Are you paying too much? Have you missed something important? Or are you simply stuck in analysis paralysis? In this episode, I share the exact 9-step decision-making framework I use to assess property opp...

Finding great HMO deals has become harder over the last few years, but creating enough value to recycle your capital and continue growing your portfolio is arguably an even bigger challenge. In this episode, I sit down with our specialist mortgage finance expert Ellie Broadhurst to discuss what's happening in the lending market right now and where opportunities still exist for investors looki...

It’s been a challenging few months in the property market. Rising tenant arrears, stubborn interest rates, contractor failures, affordability pressures, and continued uncertainty around legislation are creating new challenges for landlords and investors across the UK. In this episode, I pull back the curtain and share a completely honest update on what's happening inside my own businesses rig...

Most investors hear the words “Article 4” and immediately assume the opportunity has gone. But the reality is very different. Some of the strongest and most valuable HMO markets in the UK are under Article 4 directions, and experienced investors are still buying in these areas every single day. In this episode, I break down what Article 4 actually means, why so many investors misunderstand it, and...

Building a property portfolio is one thing, but scaling into larger commercial projects is a completely different challenge altogether. The numbers get bigger, the risks increase, and suddenly every decision carries a lot more weight. It’s no longer just about buying another property. You need to understand finance, planning, construction, risk management, and how to create projects that genuinely...

Most people think successful property investing is all about knowledge, deals, or finance. But after nearly 20 years in property, I’ve realised the investors who consistently succeed operate very differently from everyone else. In this episode, I break down the five key traits I see in the most successful property investors - the habits, mindsets, and behaviours that help them spot opportunities,...