047 | 3 valuable nuggets to help you find your first HMO property to purchase


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Oct 05 2020 34 mins   1

RESOURCE LINK

  1. Sign up to the pre-launch notification list for Jamie’s new book, “The HMO Blueprint”  here (https://www.thehmoblueprint.co.uk/hmoboo
  2. The HMO Experience Website (http://www.thehmoexperience.co.uk/)
  3. Download How to find your First HMO Property and other FREE RESOURCES     (http://www.thehmoexperience.co.uk/resources-page)
  4. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)

IN THIS EPISODE

Your hosts Matt Harris and Jamie Madill continue the theme of finding your first or next property, but this time for purchase and to convert into an HMO. If you’re thinking about buying and converting into HMO but are stuck with where to find the right property, this episode of The HMO Experience Property Podcast is the one for you!

Don’t forget to download How to find your First HMO Property as an accompaniment to this episode as well.

EPISODE HIGHLIGHTS

Introduction [00:00 – 03:34]

How to Find a Deal to Purchase [03:34 – 12:40

Dealing with Property Sourcing Companies [12:40 – 15:10]

Leveraging Agents to Find Deals [15:10 – 23:37]

Going Direct To Property Owners [23:37 – 30:25]

Jamie’s Last Comments [30:25 – 34:38]

KEY TAKEAWAYS

  1. Set up your online property portal alerts & notifications to get instant opportunities delivered to your inbox.
  2. Ensure you understand what your perfect deal criteria is. Knowing how a property squares up against your      perfect criteria will help your decision making process.
  3. If you’re going to use a sourcing or dealing packaging company ensure you complete your own due diligence.      Don’t rely on the numbers presented as being correct.

BEST MOMENTS

  • “I like to look at deal sourcers packages to check them out…. but always do your own due diligence”
  • "We record all the properties that fit our deal criteria and enter them into our pipeline to follow up at a later date.”

The HMO Blueprint book launch on 26th October 2020

Jamie Madill, co-host of The HMO Experience Property Podcast, is about to launch his brand new book “The HMO Blueprint” and you could win some amazing prizes if you hop onto our pre-launch notification list.

So get on the launch list right now and we’ll see you on launch day! https://www.thehmoblueprint.co.uk/hmobook

“We try and differentiate ourselves to make us memorable….we go in regularly and build rapport withagents.”

CONNECT WITH THE HOSTS

Matt Harris - https://linktr.ee/iammattharris

Jamie Madill - https://www.facebook.com/jamiemadillproperty/

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