HMO & Multi-Let
Co-Living, HMO, Multi let – jargon that most amateur investors have not even heard before. But what does it mean?
An HMO is a Home of Multiple Occupation and it’s an advanced strategy that has its own level of risk and reward. Cash flow can be magical, though the management is more intensive and if you get it wrong the consequences can be far-reaching. This course will guide you through so you get it right from the beginning and allow you kickstart your property wealth. You will cover:
The HMO Mindset
HMO Strategy
HMO & Co-Living Trends
HMOs in Scotland
Multi lets Vs Licensed
What is an HMO - Definitions & Clarifications
Implications of Licensing & Planning
Area Selection & Buying to Demand
The HMO Avatar
Creating your HMO Pipeline
Running the Numbers & ROI
How to View a Property with HMOs in mind
Design for HMO
Floor Layouts
Creating Value in your HMO
Adding Revenue Streams
Finding & Working with HMO Builders & Architects
HMO Finance & JV and Angels
Managing HMO’s
Sui Generis HMO
Case Studies
Resources Pack