074 | “HMOs just fitted with what we were trying to achieve in terms of cashflow" - Interview with Richard + Becky Stretton #RisingStars Series

https://is1-ssl.mzstatic.com/image/thumb/Podcasts115/v4/20/75/ac/2075ac33-650a-0b4a-fef8-343cc21c6717/mza_14625064331491100225.jpg/600x600bb.jpg

The HMO Experience Property Podcast

The HMO Experience

91 episodes

5 days ago

Unsure about how to generate income from Rent2Rent HMO or investing in HMO property? The HMO Experience Property Podcast will help. Listeners love the knowledgeable & entertaining way Matt Harris, Jamie Madill and Steve Mitchell bring you practical advice about how to start and scale your own HMO property business so that you can create job-replacing income. Matt, Jamie and Steve share their expertise & experiences in applying Rent2Rent and HMO property investing tactics that will help you generate income fast and gain financial freedom with your own portfolio of HMO properties.

Investing

Business

RSS

All content for The HMO Experience Property Podcast is the property of The HMO Experience and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Investing

Business

https://d3t3ozftmdmh3i.cloudfront.net/production/podcast_uploaded_nologo/2600604/2600604-1606936108168-4383c0aaf3e5.jpg

074 | “HMOs just fitted with what we were trying to achieve in terms of cashflow" - Interview with Richard + Becky Stretton #RisingStars Series

The HMO Experience Property Podcast

57 minutes 47 seconds

4 years ago

074 | “HMOs just fitted with what we were trying to achieve in terms of cashflow" - Interview with Richard + Becky Stretton #RisingStars Series

RESOURCE LINK

Join us The HMO Experience Property Clubroom on Clubhouse every Monday AND Tuesday at 1pm (https://www.joinclubhouse.com/
Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (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)
Buy Jamie’s new book, “The HMO Blueprint” on Amazon TODAY! (https://www.amazon.co.uk/dp/1838538089?ref=myi_title_dp)

IN THIS EPISODE

Your podcast host Jamie Madill has a chat with Richard and Becky Stretton as part of our #RisingStars Series. If you’re just starting your own HMO property investing journey, tune in and join us for this insightful episode of The HMO Experience Property Podcast!

EPISODE HIGHLIGHTS

Introduction [00:00 - 03:31]

Moving Into Property Full Time [03:31 - 07:55]

Starting With Single Lets [07:55 - 12:30]

Our BIG WHY For Investing In property [12:30 - 13:50

The Case For Buying HMO [13:50 - 31:20]

Working With Your Power Team [31:20 - 37:04]

It’s All About The Space(man) [37:04 - 40:46]

Find, Fix, Fill, Repeat [40:46 - 51:30]

The Final Word [51:30 - 57:48]

KEY TAKEAWAYS

Having multiple income streams means you’re not reliant on income from a job or self-employment
Figure out how your BIG WHY fits into your property journey
Having a great team around you especially when doing it for the first time will provide you with the reassurance you’re doing the right thing
Making mistakes is all part of learning. The trick is not to make the same mistake twice
Meet up with our local HMO investors and find out how they have converted their properties and how well it is working for them.

ABOUT OUR GUEST

Richard and Becky Stretton are the husband and wife team behind Elite Investment Properties Limited. Their business philosophy is to find properties that are for sale below market value and add capital value through refurbishment in their researched geographical areas.

Contact Richard and Becky:

Tel: 07830 339092

Email: info@eliteinvestmentproperties.co.uk

Web: https://www.eliteinvestmentproperties.co.uk/

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast!

Make sure you rate & review the podcast HERE - thank you :)

CONNECT WITH THE HOSTS

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