The HMO Experience Property Podcast
Business:Investing
009 | You Need To Do This To Get Your Offer Accepted for a HMO Property!!
RESOURCE LINK
IN THIS EPISODE
Matt, Jamie & Steve chat about putting in an offer and negotiating an offer from both a rent to rent and a property buying perspective. They provide you with some valuable nuggets around carrying out a deal analysis, getting to know your numbers and the importance of having good knowledge and leveraging your experience around your goldmine area, refurb costs and the rental level of your rooms.
Don't miss out on this episode of The HMO Experience Property Podcast as it's packed full of useful nuggets!
KEY TAKEAWAYS
BEST MOMENTS
"You have to do the numbers and get a deal analysis done on every property that you look at!"
"If the property according to your numbers and deal analysis fits your criteria, that’s what you put your offer in for - whatever the numbers tell you."
"In negotiation, knowing who you are dealing with, will definitely help!"
"Try and get 25% below market value! It’s not impossible, but it’s difficult. With an HMO you can add value and refinance that out."
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CONNECT WITH THE HMO EXPERIENCE
CONNECT WITH THE HOSTS
Matt Harris - https://linktr.ee/iammattharris
Jamie Madill - https://www.facebook.com/jamiemadillproperty/
Steve Mitchell - https://www.facebook.com/steve.mitchell.9843
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