What’s the best HMO investment strategy to secure a profitable portfolio?
If you’re an avid property investor, chances are you’re familiar with HMOs but might be unsure as to which HMO investment strategy works the best. In today’s post you’ll learn some insider tips to get the most amount of profit for the least amount of effort in your HMOs.
One of the most important things you must do when dealing with HMOs is finding yourself a reliable HMO manager. The reason for this is because you will have multiple occupants and there may be more general problems with the property due to faster wear and tear than normal developments.
If there is an issue with the property, you will be likely hassled for it – and it’s especially the case if the WiFi goes down! As a result it’s key that you have an HMO manager who can be the go-to person for any issues like this so you don’t have to deal with them.
For more HMO investment strategy tips, be sure to listen to the video below:
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