The HMO Podcast

In this episode, I'm joined by a good friend of mine, one of my longstanding mentees, and a previous guest on the podcast: Jonny Stockwell of Crockwell Properties.We're going to discuss some of the issues he's had to face and overcome, specifically regarding planning permission and the Article 4 direction in the areas where he invests. Our conversation will cover:The frustrations and challenges faced by HMO investors due to unclear regulations and inconsistent enforcement in Article 4 areas.The need for caution when making planning requests.The importance of educating yourself and all parties involved in the processHow the Article 4 regulations have impacted Jonny’s investment strategy.The significance of hiring a planning consultant with expertise in HMOs and local regulations.Why Jonny continues to invest in Article 4 areas despite the difficulties.If you're either applying for a change of use yourself or considering making changes to a property within an Article 4 direction, this episode is one you definitely don't want to miss.-Please leave us a quick review on Apple Podcasts or Spotify if you find this episode useful.Got any questions? Ask us in The HMO Community Facebook Group or follow me on Instagram @andygraham.hmo for daily HMO tips and advice! If you want to join my 1-2-1 mentoring program, you can enquire here. New to HMOs? Join The HMO Roadmap -  an exclusive community and online learning platform for HMO property investors. As a member, you’ll get access to online training, group coaching, a deal stacker tool, case studies, contract templates and more resources to help you start, scale, and systemise your HMO business.

In this episode, we delve into the recent increase in the base rate, marking the 14th consecutive rise. Currently standing at 5.25%, this change has significant implications for HMO property investors like you.To shed light on this matter, we've invited Ellie Broadhurst, our go-to specialist mortgage broker at The HMO Roadmap.Ellie breaks down the base rate increase and explains how it could impact your borrowing costs and investment strategies. But that's not all – we're also addressing an issue hitting close to home. Have you noticed changes in the way lenders approach their due diligence process?I’ll be sharing my own experiences and concerns, and Ellie provides invaluable insights into what's driving these changes and how they affect investors who rely on private finance to fund their deals.Whether you're in the midst of a purchase or gearing up for a refurbishment project, this episode could be helpful in preparing you and aiding you in making an informed decision.Interested in discussing your HMO mortgage and finance needs? Contact Ellie Broadhurst here. -Please leave us a quick review on Apple Podcasts or Spotify if you find this episode useful.Got any questions? Ask us in The HMO Community Facebook Group or follow me on Instagram @andygraham.hmo for daily HMO tips and advice! If you want to join my 1-2-1 mentoring program, you can enquire here. New to HMOs? Join The HMO Roadmap -  an exclusive community and online learning platform for HMO property investors. As a member, you’ll get access to online training, group coaching, a deal stacker tool, case studies, contract templates and more resources to help you start, scale, and systemise your HMO business.

Are you at the beginning of your HMO journey but feeling unsure and overwhelmed?In today's episode, I want to share the six most important things you need to nail if you're getting started with HMOs. These steps are crucial for building a strong foundation and setting yourself up for success. We’re going to talk about:The importance of understanding HMOsFinding the right propertyLegal requirements and planning permissions for HMOsFinancing HMOsRenovation and conversion strategies for HMOsFinding and managing HMOsNow, keep in mind that this episode is an overview. To really master each aspect, you'll need to dig deeper and explore more resources. The good news? There's a wealth of tools and information available to fine-tune your HMO strategy. By the end of this episode, you'll feel more confident and ready to take that leap of faith. Let's get started!-Please leave us a quick review on Apple Podcasts or Spotify if you find this episode useful.Got any questions? Ask us in The HMO Community Facebook Group or follow me on Instagram @andygraham.hmo for daily HMO tips and advice! If you want to join my 1-2-1 mentoring program, you can enquire here. New to HMOs? Join The HMO Roadmap -  an exclusive community and online learning platform for HMO property investors. As a member, you’ll get access to online training, group coaching, a deal stacker tool, case studies, contract templates and more resources to help you start, scale, and systemise your HMO business.

Supported living isn't necessarily the first thing that comes to mind when we think of HMO investment but what if I told you that you could potentially double your profits from the same properties by following this model?In this episode, I'm excited to be joined by Chris McDermott, one-half of NW Living together with his partner Cat. NW Living specialises in converting neglected properties into high-end accommodations for Supported Living providers. Over the last 5 years, they have successfully built a lifestyle business that allows them to prioritise family time alongside their passion for property development.During our conversation, Chris and I discussed:The story behind their passion for HMOsHow they transitioned from professional lets to supported living HMOsThe challenges and learnings in doing supported living HMOsThe Importance of making the right connections with charities and asking the right questions when getting financeCompliance constraints you need to be aware of when working with charities-Please leave us a quick review on Apple Podcasts or Spotify if you find this episode useful.Got any questions? Ask us in The HMO Community Facebook Group or follow me on Instagram @andygraham.hmo for daily HMO tips and advice! If you want to join my 1-2-1 mentoring program, you can enquire here. New to HMOs? Join The HMO Roadmap -  an exclusive community and online learning platform for HMO property investors. As a member, you’ll get access to online training, group coaching, a deal stacker tool, case studies, contract templates and more resources to help you start, scale, and systemise your HMO business.

In this episode, we're diving headfirst into a topic that's on the minds of every HMO business owner: how to boost profits. Now, I know what you're thinking—I hear you loud and clear. Interest rates are climbing, inflation is soaring, and the costs of gas and electricity are through the roof. We're facing a cost of living crisis, and it feels like we're swimming against the tide.But here's the thing—I get it. We can't control those external factors. We can't magically make interest rates drop or inflation disappear. But what we can do is focus on what's within our power to shape: tenant satisfaction and tenant retention. These two factors are intertwined and can be game-changers for your business.I know there's more to profitability than just tenant satisfaction and retention, but let's zoom in on these areas today. I'm going to share five ideas with you. Some might sound familiar, but maybe you haven't given them enough attention lately. And hey, there might even be a couple of new ideas that you could use.So, get ready to take notes and I guarantee it, If you take them seriously and put them into action, you'll see the difference.-Please leave us a quick review on Apple Podcasts or Spotify if you find this episode useful.Got any questions? Ask us in The HMO Community Facebook Group or follow me on Instagram @andygraham.hmo for daily HMO tips and advice! If you want to join my 1-2-1 mentoring program, you can enquire here. New to HMOs? Join The HMO Roadmap -  an exclusive community and online learning platform for HMO property investors. As a member, you’ll get access to online training, group coaching, a deal stacker tool, case studies, contract templates and more resources to help you start, scale, and systemise your HMO business.

Today, we delve into the fascinating story of Savoys Properties with Malkit Purewal. Malkit, along with his partner Sanjay, has captivated my attention for years with their impressive business growth and groundbreaking projects.During our conversation, Malkit and I discussed:The story behind Savoys Properties and its success.The importance of building relationships with people.A behind-the-scenes look at the challenges they faced.His thoughts on the future of the property industry.His advice for young property investors.-Please leave us a quick review on Apple Podcasts or Spotify if you find this episode useful.Got any questions? Ask us in The HMO Community Facebook Group or follow me on Instagram @andygraham.hmo for daily HMO tips and advice! If you want to join my 1-2-1 mentoring program, you can enquire here. New to HMOs? Join The HMO Roadmap -  an exclusive community and online learning platform for HMO property investors. As a member, you’ll get access to online training, group coaching, a deal stacker tool, case studies, contract templates and more resources to help you start, scale, and systemise your HMO business.

Are you prepared to enter a recession?In this episode, we're going to talk about recession-proof strategies for HMO property investors. Now, I don't want to be known for scaremongering, but I want to ensure that I'm prepared if we do go into a recession. And let's be honest, things look a little bit dicey out there at the moment.So today, I've got nine strategies that will help you navigate through a recession, if that is ultimately what happens.-Please leave us a quick review on Apple Podcasts or Spotify if you find this episode useful.Got any questions? Ask us in The HMO Community Facebook Group or follow me on Instagram @andygraham.hmo for daily HMO tips and advice! If you want to join my 1-2-1 mentoring program, you can enquire here. New to HMOs? Join The HMO Roadmap -  an exclusive community and online learning platform for HMO property investors. As a member, you’ll get access to online training, group coaching, a deal stacker tool, case studies, contract templates and more resources to help you start, scale, and systemise your HMO business.

Can you believe we're already halfway through 2023? In this episode, we're going to do a deep dive into the goals and targets set at the end of last year.We'll also discuss the latest economic challenges, such as inflation and the Bank of England's response. Discover how these factors have impacted my business and the strategies I've implemented to navigate through these uncertain times.And as usual, I'll provide updates on what’s happening in my businesses especially as we approach the student changeover, and share valuable lessons learned along the way.-Please leave us a quick review on Apple Podcasts or Spotify if you find this episode useful.Got any questions? Ask us in The HMO Community Facebook Group or follow me on Instagram @andygraham.hmo for daily HMO tips and advice! If you want to join my 1-2-1 mentoring program, you can enquire here. New to HMOs? Join The HMO Roadmap -  an exclusive community and online learning platform for HMO property investors. As a member, you’ll get access to online training, group coaching, a deal stacker tool, case studies, contract templates and more resources to help you start, scale, and systemise your HMO business.

Today, I'm thrilled to have Ellie Broadhurst, our expert broker from The HMO Roadmap, join me for an important discussion. We'll be diving into the effects of interest rates, inflation, and the current state of the property market.Ellie's expertise will help us provide you with a clear understanding of what's happening and ensure you're equipped to manage your expectations. In times like these, it's natural to feel anxious, but remember, we're here to alleviate those anxieties and empower you to make informed decisions.Our primary goal is to offer practical strategies that can help you navigate this uncertainty. We know these challenges can be overwhelming, but rest assured, by the end of this episode, you'll feel more prepared and confident in your ability to tackle whatever comes your way.Interested in discussing your HMO mortgage and finance needs? Contact Ellie Broadhurst here. -Please leave us a quick review on Apple Podcasts or Spotify if you find this episode useful.Got any questions? Ask us in The HMO Community Facebook Group or follow me on Instagram @andygraham.hmo for daily HMO tips and advice! If you want to join my 1-2-1 mentoring program, you can enquire here. New to HMOs? Join The HMO Roadmap -  an exclusive community and online learning platform for HMO property investors. As a member, you’ll get access to online training, group coaching, a deal stacker tool, case studies, contract templates and more resources to help you start, scale, and systemise your HMO business.

In this episode, we're excited to bring you another mini-mentoring session featuring Swarren Samra, a budding property investor. Despite being relatively new to the field, Swarren has already accomplished an impressive feat: successfully transforming a 3-bedroom property into a 5-bedroom HMO tailored for working professionals. Currently, he's actively engaged in his second project. He shared three thought-provoking questions with us, and I’ll do my best to provide invaluable advice to support him in achieving his big goals.During our mentoring session, Swarren raised the following questions:“I have 3 potential investors. One is looking at a joint venture partnership, another at an actual return on their investment. Finally, the third has requested an earn-and-learn type model. How do I structure these deals and what legal documents or considerations must be implemented to ensure each is satisfied with the outcome?”“When I am able to onboard an investor for a particular project, what are my options if the investor is adamant they want their money back early? How can these situations be handled, and have you experienced this before?”“I am working on 2 and 3-bedroom properties and converting them into 5 and 6-bedroom HMOs. I have a strong desire to move into larger properties and developments. What are the thought processes behind converting a large building into a 10 or 12-bedroom HMO Vs 4 or 5 flats? How do you differentiate which is the best way to go?”By addressing these questions, our aim is to equip our listeners with practical advice and effective strategies they can implement to kickstart and expand their own HMO property businesses.-Please leave us a quick review on Apple Podcasts or Spotify if you find this episode useful.Got any questions? Ask us in The HMO Community Facebook Group or follow me on Instagram @andygraham.hmo for daily HMO tips and advice! If you want to join my 1-2-1 mentoring program, you can enquire here. New to HMOs? Join The HMO Roadmap -  an exclusive community and online learning platform for HMO property investors. As a member, you’ll get access to online training, group coaching, a deal stacker tool, case studies, contract templates and more resources to help you start, scale, and systemise your HMO business.