The HMO Experience Property Podcast
Business:Investing
023 | Why you SHOULD NOT use Agents to find Housemates for your HMO Property!
RESOURCE LINK
IN THIS EPISODE
Your host Matt Harris of MiRentCo London chats with Jamie Madill from Jamie Madill Property about the pros and cons of using estate and letting agents to market the rooms and find your housemates, customer or tenants for rooms in your HMO property.
There are plenty of useful nuggets in this episode of The HMO Experience Property Podcast so get your pen and paper ready for notes :)
EPISODE HIGHLIGHTS
KEY TAKEAWAYS
BEST MOMENTS
"You really do need to make sure that you know the margins are there on your HMO property if you are going to outsource this whole process to an agent to make it viable for you."
"From a cost point of view, I've, I've seen HMO letting agents quote anywhere from 10% plus VAT to 20% plus VAT."
"Falling foul of the regulations or if the council come knocking then both you and the agent could be liable for any breaches."
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CONNECT WITH THE HOSTS
Matt Harris - https://linktr.ee/iammattharris
Jamie Madill - https://www.facebook.com/jamiemadillproperty/
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