The HMO Experience Property Podcast
Business:Investing
074 | “HMOs just fitted with what we were trying to achieve in terms of cashflow" - Interview with Richard + Becky Stretton #RisingStars Series
2021-04-12
RESOURCE LINK
- Join us The HMO Experience Property Clubroom on Clubhouse every Monday AND Tuesday at 1pm (https://www.joinclubhouse.com/
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IN THIS EPISODE
Your podcast host Jamie Madill has a chat with Richard and Becky Stretton as part of our #RisingStars Series. If you’re just starting your own HMO property investing journey, tune in and join us for this insightful episode of The HMO Experience Property Podcast!
EPISODE HIGHLIGHTS
Introduction [00:00 - 03:31]
Moving Into Property Full Time [03:31 - 07:55]
Starting With Single Lets [07:55 - 12:30]
Our BIG WHY For Investing In property [12:30 - 13:50
The Case For Buying HMO [13:50 - 31:20]
Working With Your Power Team [31:20 - 37:04]
It’s All About The Space(man) [37:04 - 40:46]
Find, Fix, Fill, Repeat [40:46 - 51:30]
The Final Word [51:30 - 57:48]
KEY TAKEAWAYS
- Having multiple income streams means you’re not reliant on income from a job or self-employment
- Figure out how your BIG WHY fits into your property journey
- Having a great team around you especially when doing it for the first time will provide you with the reassurance you’re doing the right thing
- Making mistakes is all part of learning. The trick is not to make the same mistake twice
- Meet up with our local HMO investors and find out how they have converted their properties and how well it is working for them.
ABOUT OUR GUEST
Richard and Becky Stretton are the husband and wife team behind Elite Investment Properties Limited. Their business philosophy is to find properties that are for sale below market value and add capital value through refurbishment in their researched geographical areas.
Contact Richard and Becky:
Tel: 07830 339092
Email: info@eliteinvestmentproperties.co.uk
Web: https://www.eliteinvestmentproperties.co.uk/
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CONNECT WITH THE HOSTS
Jamie Madill - https://www.facebook.com/jamiemadillproperty/
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