The HMO Podcast

In today’s episode, I am joined by Chris and Anna of Parkhurst Properties. Chris is an IT Project Manager in the financial services sector for nearly 20 years while Anna’s background is in management and operations.  In this conversation with Chris and Anna, they shared why and how they decided to start their HMO business and focus on commercial conversions and larger HMOs. Got any questions? Ask...

Starting on this episode, I’m going to be running a Q&A series to answer some of your HMO questions. You can now send me your questions on Instagram @andygraham.hmo and I’m going to choose one question to answer every Friday. So for today’s question: “How have increased energy costs affected your business?” Listen to the full episode to find out the answer! Got any questions? Ask us in The HMO...

Does Direct to Vendor Marketing actually work? If you’re thinking about D2V Marketing but don’t know where to start, or you’re currently doing it but aren’t getting the results that you want, then this episode is exactly what you need. In this episode, we’re going to discuss what D2V is, why you should be doing it, how to do it and what to expect in terms of the results. Got any questions? Ask us...

Finding the right property to turn into a HMO can be a huge amount of work. We have to think about the purchase price, the refurb cost, the builder, who’s managing the builder, finding and managing tenants, and doing all the paperwork.  So the question is, should we just purchase a ready-made HMO? Let’s talk about that in today’s episode. Got any questions? Ask us in The HMO Community Facebook Gro...

In today’s episode, I am joined by Ricci and Louise of Perfect Abode and if you’re new to HMOs, this episode will definitely inspire you to get started.  Ricci is a trained plumbing and heating engineer and has been working on building sites since he was 18 while Louise has a degree in business and has a very strong corporate background. Although they both had successful careers, they wanted more...

Whether we like it or not, at some point in time, as a HMO landlord, we are going to be the recipient of complaints. It could be from your tenant, your tenant’s parents, the council, the tradesmen, there’s a whole host of people who might be inclined to complain about our products or services to get incentivised. My advice is to make sure you're prepared, and that means having this in your ar...

For many people, going full-time in their property business is a big part of their long-term plan. But is it right for everybody I’ve been working full-time in my property business for the last 8 years so, in this episode, I want to share with you my experience - the good and the bad. Got any questions? Ask us in The HMO Community Facebook Group or become a member at The HMO Roadmap to help you st...

Running a good business is about what you do and how you deal with it when they’re not going well. And the last couple of weeks have tested me so in this episode, I’m going to share with you some of the stuff that I had to deal with and how I managed to overcome these issues. Got any questions? Ask us in The HMO Community Facebook Group or become a member at The HMO Roadmap to help you start, scal...

In today’s episode, I am joined by Vann Vogstad, the co-founder of COHO - a property management platform designed specifically to help landlords and agents manage HMOs. We’ll discuss how COHO can be used to manage HMOs and the big vision for the future of shared living in the UK. Got any questions? Ask us in The HMO Community Facebook Group or become a member at The HMO Roadmap to help you start,...

There are a lot of things that aren't clear when it comes to fire risk assessments and the legislation surrounding them. So in this episode, I’ll give you an example of what I did recently in one of my large properties. Got any questions? Ask us in The HMO Community Facebook Group or become a member at The HMO Roadmap to help you start, scale, and systemise your HMO business.  You can also fo...

In today’s episode, we’re going to talk about joint ventures. We’re going to talk about what joint ventures are, how we can use JVs to build our portfolio and what we need to be aware of before going into a partnership with anybody.  So, if this is something you’re thinking about and if you think going into partnership will help you build your business, then this episode is exactly what you need....

Can you believe Q1 is a wrap? Did you hit your goals and objectives for the quarter? I've been reviewing my progress and that's what I'll be sharing with you in today's episode of The HMO Podcast!  Got any questions? Ask us in The HMO Community Facebook Group or become a member at The HMO Roadmap to help you start, scale, and systemise your HMO business.  You can also follow me...

There’s no doubt that investing in HMOs is a gateway to doing other things in the property industry - the cash flow that we can generate, the fact that it is such a robust model gives us a huge amount of confidence and the ability to develop other types of property. And for many of us, that is commercial property. As you know, I’m investing in commercial property at the minute and so today, I’m br...

There’s no doubt that the running energy costs of your HMOs have gone up. So you might be wondering, what do you need to do and how will this affect the future of your HMOs? Realistically, there’s not a lot we can do about the rising energy costs but we can definitely put some mechanisms in place to help reduce consumption by managing the use of utilities wherever possible. So in this short episod...

Do you know the lifetime performance of your HMO deals?  In this episode, we’re going to look through the archives and, analyse one of my HMO deals. Doing this exercise will help you plan ahead and make an informed decision on how you will analyse your future deals. Got any questions? Ask us in The HMO Community Facebook Group or become a member at The HMO Roadmap to help you start, scale, and sys...

Are you managing your tenants on WhatsApp? Well, if you are then I bet you feel like you can never switch off and I bet you're cursing investing in HMOs in the first place. I remember what it was like and it’s really hard work but don’t worry, there are other ways of doing this.  So in this episode, I’m going to talk about the problems that we had using WhatsApp and discuss some of the altern...

In today’s episode, I am joined by Ellie Broadhurst - an expert and a specialist in HMO mortgage and finance solutions.  I’m going to ask Ellie about one important question that we all want to know the answer to, the million-dollar question - How do I know what commercial valuation my HMO is going to have? Find out in today’s episode. Got any questions? Ask us in The HMO Community Facebook Group o...

It’s our 100th episode but today I’d like to share some of the frustrating and exciting stuff that is happening across all my businesses, which are all part of being a property investor. Got any questions? Ask us in The HMO Community Facebook Group or become a member at The HMO Roadmap to help you start, scale, and systemise your HMO business.  You can also follow me on Instagram @andygraham.hmo o...

What does it mean to become an expert and why is it important as a HMO investor?  In today’s episode, we’ll be talking about what we need to know to consider ourselves as experts in our field and in the locations that we’re investing in. I’m going to share 10 things that if we master, we can then consider ourselves as experts in our field. Got any questions? Ask us in The HMO Community Facebook Gr...

As you know, I’ve been investing in HMOs for over a decade now and I’ve been to a lot of property networking and training myself. However, in my opinion, the property training industry is broken - people with very little credibility and actual real-life experiences are selling expensive courses. So in this episode, I’ll share with you my journey in building The HMO Roadmap to help you start withou...

In today’s episode, we are joined by Sarah Watt, the other half of Alt Street Property. Sarah and her husband Andrew were Australians who came to the UK in 2016 with seven years of experience in the Australian property market doing buy to lets and flips. And in this episode, Sarah shared how they started HMO investing in the UK, what she likes and hates about HMO, the challenges of building a port...

One of the things that I noticed from my mentees and the HMO community, is they rarely have a business plan. And this surprises me because business plans are so useful. In fact, I have a business plan for every business that I want to start. So in today’s episode, I’m going to share the 10 reasons why you must have a business plan. Got any questions? Ask us in The HMO Community Facebook Group or b...

One of the best ways to develop your knowledge, skills, and experience when it comes to investing in HMOs is to learn from other people who have already done what you want to do. And that’s why case studies are such a powerful learning tool.  So in this episode, I’m going to talk about 7 incredible case studies that members of our HMO community have done for you to learn from and help you build a...

In today’s episode, I’m going to highlight the 3 things that I think pose the biggest threat to HMO property businesses and what the impacts could mean, and what we can do about them. Got any questions? Ask us in The HMO Community Facebook Group or become a member at The HMO Roadmap to help you start, scale, and systemise your HMO business.  You can also follow me on Instagram @andygraham.hmo or f...

In today’s episode, we are joined by a special guest, Paul Shamplina of Channel 5's "Nightmare Tenants, Slum Landlords” and the Founder of Landlord Action .  Paul has spent over 25 years in the legal field helping landlords and letting agents with problem tenants. And in this episode, we’re going to talk about a lot of topics like future-proofing our businesses as landlords and property...