36 | The Best Apps To Help With Your HMO Property Business!


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Jul 20 2020 35 mins   1

RESOURCE LINK

The HMO Experience Website (http://www.thehmoexperience.co.uk/)

11 Steps to Running Your Successful HMO Property Business and other resources, including our Handy HMO App Guide (http://www.thehmoexperience.co.uk/resources-page)

Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)

IN THIS EPISODE

Are you looking for some useful apps to help with your HMO property business?

Your podcast host Matt Harris of MiRentCo London and Jamie Madill of Jamie Madill Property discuss the apps and tech platforms that they use within their HMO property businesses and those which you can start using today to help with your business.

Make sure you tune in to this episode and head over to The HMO Experience Resource Page to download the Handy HMO App Guide!

EPISODE HIGHLIGHTS

Introduction [00:00 – 03:35]

Finance Apps [03:35 – 08:34]

Operations Apps [08:34 – 22:56]

Marketing & Customer Communications [22:56 – 25:26]

CRM’s & Mailing Lists [25:26 – 32:46]

Jamie Last Word – [32:46 – 35:11]

KEY TAKEAWAYS

  1. There are lots of apps and tech out there that can help you run your business. Each has a slightly different feature set. Make sure you select an app that will do the job you need to do and don’t make compromises as it will restrict you as you grow your business.
  2. The main areas that you can systemise focus around, marketing, finance, operations and communications
  3. Try low cost or no cost apps first before spending money on subscription services. If you have to spend on subscription services, then focus on getting a good property management and finance software package first.
  4. When selecting an app, ensure that it is collaborative, meaning that other members of your team can access and use the app with all the same functionality. After all this is the main reason why you want to leverage tech and apps.
  5. Before getting your team members to use the app, ensure that you understand its functionality first before training your team members. Or delegate this functionality to one of your team members and get them to train the others.
  6. Ensure that the app compliments your processes and adds value. Have a clear idea about what you want to the app to achieve and how it is to perform before implementing it in your business.

BEST MOMENTS

“We started off by literally working with email and Excel spreadsheets to manage, not only was the money coming in of course, but obviously what all of our costs and expenses were"

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