RESOURCE LINK
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IN THIS EPISODE
Your host Steve Mitchell chats with Josh Guest from Guest Homes to talk about his latest HMO project which he secured via a Lease Option direct from a landlord.
To find out how Josh did this make sure you check out this episode of The HMO Experience Property Podcast and don’t miss out on his golden nuggets at the end of the episode!
EPISODE HIGHLIGHTS
Introduction [00:00 - 03:35]
Diversification [03:35 - 08:22]
Finding The Opportunity [08:22 - 13:30]
Structuring The Lease Option [13:30 - 18:45]
Bringing In The A-Team [18:45 - 29:30]
HMO v Serviced Accommodation Set Up [29:30 - 35:57]
The Golden Nuggets [35:57 - 43:03]
KEY TAKEAWAYS
- To find opportunities you have to put yourself out there with your marketing and networking. Deals very rarely come looking for you
- Lease options could be a great way in a rising market to consider purchase lease options
- Ensure you have a bespoke contract created for you as opposed to “borrowing” one from someone else
- Knowing what exactly you want to do with the property before you secure it will speed the process along
- Get educated so you know what you’re doing and network as much as you can.
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 :)
ABOUT OUR GUEST
Josh Guest – Guest Homes
Contact: 01905 347469
www.guesthomes.co.uk
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Steve Mitchell - https://www.facebook.com/vivocolettings
