029 | 5 Reasons Why Regular Inspections Are Important for your HMO Property!


Episode Artwork
1.0x
0% played 00:00 00:00
Jun 01 2020 38 mins   1

RESOURCE LINK

  1. The HMO Experience Website (http://www.thehmoexperience.co.uk/)
  2. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
  3. Sign up for our weekly newsletter packed full of HMO Hacks & tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)

IN THIS EPISODE

Your podcast host Matt Harris of MiRentCo London talks with Steve Mitchell from The HMO Company about  the top 5 reasons why regular inspections are so important for your HMO property in order to keep your housemates, customers and tenants safe. 

This episode of The HMO Experience Property Podcast is a deep dive into one of the key areas of operation for your HMO property so make sure you tune in!

EPISODE HIGHLIGHTS

  • Introduction [00:00 – 01:40]
  • Importance of Regular House Checks [01:40 – 10:25]
  • Apps for Checklists [10:25 – 12:45]
  • Compliance & Audit Requirement [12:45 – 22:40]
  • Resolving issues Quickly [22:40 – 29:30]
  • Getting on Top of Waste Management [22:40 – 32:30]
  • Getting Your HMO License [32:30 – 38:29]

KEY TAKEAWAYS

  1. Regular house checks will identify small maintenance jobs that can be dealt with quickly and easily by your handyman. Rectifying these small jobs quickly will provide a better service to your customers and less costly than if allowed to escalate into bigger repair jobs.
  2. Creating a check list of things to check will keep your inspections consistent and will allow you to task the job to other people in your team when you have them.
  3. Consider using an App to store your checklists so that you can link in your team and create an audit trail of your house checks.
  4. Ensure that you are aware of the regulatory and compliance requirements especially in relation to fire alarm checks & maintenance, electrical safety and gas safety checks.
  5. Monitor what maintenance issues happen in your properties. If you start to see a trend than look for a solution to rectify. One such example is putting hair catchers into shower trays to prevent blockages.
  6. Build up a small stock of consumable items like lightbulbs, drain un-blocker, hair catchers that can be installed during the house checks rather than having to go back to resolve these issues quickly.

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

Make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HMO EXPERIENCE

--- Send in a voice message: https://podcasters.spotify.com/pod/show/thehmoexperience/message