RESOURCE LINK
Join us The HMO Experience Property Clubroom on Clubhouse every Monday at 1pm (https://www.joinclubhouse.com/)
Download the 11 Steps to...
RESOURCE LINK
- Join us The HMO Experience Property Clubroom on Clubhouse every Monday 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 hosts Matt Harris, Jamie Madill and Steve Mitchell discuss the end of the road - the day you have to hand back your rent to rent HMO property! The HMO Experience Property Podcast will give you a 360 view of all of the things you need to be aware of when it comes to bringing your rent to rent arrangement to an end so make sure you don’t miss it!
EPISODE HIGHLIGHTS
Introduction [00:00 - 03:30]
Start With The End In Mind [03:30 - 09:00]
Is Your Contract Fit For Purpose? [09:00 - 22:50]
Case Study #1 [22:50 - 28:20]
Case Study #2 [28:20 - 34:00]
Case Study #3 [34:00 - 39:40]
Alternative Options To Exiting [39:40 - 51:00]
Acting With Integrity [51:00 - 54:50]
The Final Word [54:50 - 64:30]
KEY TAKEAWAYS
- When it is evident that a property isn’t working you need to make some hard and fast decisions around whether you keep or return the property
- Have clearly defined clauses in your contract as to what happens when either party wants to exit the relationship
- Businesses go through periods of growth and retrenchment. Holding onto unprofitable houses is not a badge of honour. Profit is the only game in town.
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 HMO EXPERIENCE
- Subscribe on YouTube - https://www.youtube.com/channel/UCnFoaXd-do8eTxZniWrcKhA/featured
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CONNECT WITH THE HOSTS
Matt Harris - https://linktr.ee/iammattharris
Jamie Madill - https://www.facebook.com/jamiemadillproperty/
Steve Mitchell - https://www.facebook.com/vivocolettings
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2020-01-27
