Feb 11 2025 52 mins 3
In this episode, I’m joined by James Ashford of Carter Ashford, a former mentee of mine, to talk about all things project management. James has years of experience managing large residential projects, and now he’s applying those skills to the world of HMOs.
Managing HMO projects can be one of the toughest parts of building a HMO business. It’s not just about finding a great deal or managing tenants—it's about keeping your projects on budget, meeting deadlines, and making sure everything runs smoothly. James shares his insights on how to manage contractors, reduce costs, and stay on track throughout your projects.
Topics covered in this episode:
- 03:10 - James Ashford's Background in Project Management
- 08:50 - Challenges in Managing HMO Projects
- 10:44 - The Importance of Preparation in Project Management
- 20:08 - Leveraging Contractors and Resources
- 23:21 - Essential Documentation for HMO Projects
- 36:54 - Understanding Contracts and Their Importance
- 43:49 - Maintaining Project Timelines and Accountability
If you're working on HMO projects or thinking about getting started, this episode is full of useful tips to help you manage your developments more effectively.
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