5 Essential Readings Before Starting Your HMO Business

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If you’re considering venturing into the world of HMO (House in Multiple Occupation) business, there are several important factors you should be aware of to ensure a successful and sustainable venture. 

To help you on your journey, I have curated a list of five must-read articles from The HMO Roadmap that provide valuable insights and advice for new HMO investors like you.

 

Is HMOs the right kind of investment for everybody? The honest answer is no, but how do we know if investing in HMOs is the right thing for us or not?

It can be difficult to know and looking from the outside in, it can seem easy and sound like anyone can do this. But that’s definitely not the case. This article explores the fundamental aspects of HMOs and what to consider before making the leap.

 

If I had to build my HMO business again from the ground up, knowing everything that I know now, how would I do it? This is a question that I’ve been asked countless times over the years. I’ve given this a lot of thought, and honestly, there’s a lot I’d do differently.

Read this article to find out what I would do if I had to start my property business from scratch but I had the advantage of knowing everything that I’ve learned over the last 12 years of building and running my property businesses. 

 

When you’re a beginner HMO investor, you’re going to make some mistakes. I certainly did when I was starting out! But it’s imperative that you don’t make the sorts of mistakes that could set you back and hinder your progress altogether.

Learn about the five most common mistakes that we see newbies make when they start their HMO investment journey and how to avoid making them.

 

I’ve been reflecting on the last 15 years of being in the property game, covering some of the things that I’ve learned and the trials and tribulations. And I’ve packaged this up into the top pieces of advice that I would give to my younger self.

So, if you’re just starting your property business or perhaps you’ve already started but want to level things up more quickly, read my 10 pieces of essential property advice that I would give to my younger self to help me achieve more in less time!

 

This article outlines the six most important things you need to nail if you’re just getting started with HMOs. These steps are crucial for building a strong foundation and setting yourself up for success!

For more step-by-step lessons and document templates on how to start and scale your HMO business quickly, join The HMO Roadmap today! 

About the Author:

Andy Graham is the founder and the lead trainer at The HMO Roadmap! He is also the co-founder of The HMO Mastermind. He writes as a regular columnist in different magazines about a variety of HMO topics and is the host of The HMO Podcast! Follow Andy on Instagram!