006 | The Best 3 Ways To Find HMO Property

RESOURCE LINK

1. The HMO Experience Website (http://www.thehmoexperience.co.uk/)
2. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
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IN THIS EPISODE

Your hosts Matt Harris, Jamie Madill & Steve Mitchell share the three best ways to find HMO property. Get this right and you are more likely to beat your competition and secure properties quickly; get it wrong and you will probably lose lots of profitable opportunities in your area.

Make sure you don't miss out on potential HMO opportunities by tuning in to this episode of The HMO Experience Property Podcast!

KEY TAKEAWAYS

1. There are many online portals that can help you find suitable HMOs, some cover the whole country & others are London-specific.
2. Set your search criteria on those portals such as location, price, number of bedrooms.
3. You can outsource the online search to a virtual assistant. Once a week they can send you a list of suitable properties.
4. Agents are then contacted via email on Monday, on Tuesday we have a follow-up call, and on Wednesday we send another email if the viewing hasn’t been set up yet.
5. You can also write direct to landlords, using the licensed HMO landlord list from your council, either explaining you either want to buy their property or offer your Rent2Rent HMO service.
6. When working with agents try and solve their perceived problems and focus on building trust and credibility with them. It’s about creating partnership that works with you both.
7. Find landlords and agents who need your help at local property networking events such as Progressive Property Network (PPN).

BEST MOMENTS

‘We set up alerts for 3 beds and above, and set the parameters such a price and location’

‘Branding your landlord letters can help you stand out among your competition’

‘I believe luck is created. Luck is where preparedness and opportunity collide’

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