Richard Nicholls From The Property Advantage On Commercial Valuations, What Makes a Good HMO & What's Next For HMOs

What makes a good HMO? 

In this episode, I’m joined by Richard Nicholls of The Property Advantage. Richard has worked in property sales since he was 18 and has a unique oversight of the HMO property market because they specialise in selling HMOs. He spends a lot of his time up and down the country and in and out of HMOs giving him a good idea of what's going on all over the UK.

So in this insightful conversation, we discussed:

• The variables involved in valuing properties and down valuations
• The types of HMO buyers
• What makes a HMO good or bad
• The importance of understanding your portfolio
• Managing expectations when investing in HMOs
• The problem with overleveraging
• His thoughts on the future of the HMO market

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