The 4 Things to Look for in a Rent to Rent HMO - Part 1

029 - What makes a good HMO? A lot of the time we talk about working with landlords and agents and what makes them want to choose us.

But we need to do some choosing too, and that’s why this episode is different because it’s all about choosing the properties which are right for HMOs.

The things you learn here will set you up for consistent cash flow. 

This is an area where many people come unstuck because they are confused about whether the property will be profitable. Or they’re so keen to get started they choose a bad property.

Here we talk about aspects of assessing a property.

This is different to the deal analysis. 

This is all about:

• Will this property work as a house share?
• Will it be legal?
• Will it rent out consistently to the right people?

There are 4 Ls to lookout for:

• Licencing
• Location
• Layout
• Lifestyle

And we’ll be talking about the first two, licencing and location today.

And then in a future episode we’ll take on the second two, layout and lifestyle.

Click here to listen to the episode
✅ https://rent2rentsuccess.com/29 ✅

 

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