January 16, 2021
HMO Success Podcast Episode 37: Coundil Tax Re-Banding on HMO Rooms: Will it affect you?
This is going to be a hotly debated topic this year! More and more HMO landlords who are converting properties previously on Business Rates are finding that the Valuation Office has re-banded the rooms individually. This not only knocks out all the profit, but leaves the landlord / investor wondering what to do.
I discuss this issue and highlight some anomalies with the process which are highly relevant. I'd be interested to know what your experiences are. Already there are a number of landlords who are encountering this issue and then being faced with a tribunal to argue their position. Most lose their appeal. What can be done? I'll explain why I think tribunals have got HMOs wrong and what you can do if you find yourself in that position.
January 8, 2021
HMO Success Podcast Episode 37: The Opportunities and Risks for HMO in 2021 - what are they and what should you do?
Thinking about investing in HMOs in 2021? Or are you ready to expand your portfolio? What are the challenges and risks? What is the economy doing and how should you respond? Andy Large and Wendy Whittaker-Large from HMO Success discuss the risks and opportunities for investors in 2021 and how to find the right properties in the right area for the right results.
We would love to know what your thoughts are - do you think interest rates will stay low? Will this affect the way you invest?
Are you going to invest more this year or are you waiting to see what happens in the market?
Listen now to understand what our joint discussion reveals about where we see the market going and what the economic context is telling us.
December 20, 2020
HMO Success Podcast Episode 36: How to Create the Life you've Dreamed of, with Diane Greenwood
Diane Greenwood is a property investor with a portfolio of single lets and HMOs, as well as being co-owner of a specialist HMO property agency. She’s also the owner of Freshly Maid, one of the biggest non-franchised domestic cleaning companies in the UK, and is the host of the Harrogate Property Investors Network.
Diane is a whizz at systemisation so that these business work for her rather than the other way around. Her hard work and enterprise have allowed her to reach a major milestone she's been dreaming of for years - a new life in France.
Recorded at her gite in France, Diane explains just how she achieved this hugely important life goal and how you can do the same through investing and business.
December 11, 2020
HMO Success Podcast Episode 35: Capital Gains Tax Changes and how they might affect you as a property investor
In this episode I outline what CGT is and how it is currently applied to you as a property investor. Then I go onto explain how the Chancellor of the UK Government has commissioned a report to look at ways in which it can be simplified and brought in line with income tax rates.
Finally, you have the benefit of my opinion about the matter and the impact on business and investing. Enjoy! And if you agree or disagree I'd love to hear your views too!
December 1, 2020
HMO Success Podcast Episode 34: The Marathon Man! Interview with Mike Frisby HMO investor
Mike Frisby has been investing for over 15 years and he shares his knowledge and experience about the best and worst deals he's done, and the outlook for HMOs for 2021 as he sees it.
November 27, 2020
HMO Success Podcast Episode 33: Talking to tenants in your HMO: why communication matters!
Truth be told, I think there are some much better ways to communicate with your tenants than just talking to them! Save your time and money by using some smart ways to communicate effectively with tenants. Help make their lives easier, and you'll make your own much easier too! In this episode I go through the ways we communicate with our tenants and what I've learned about ringfencing my time.
November 20, 2020
HMO Success Podcast Episode 32: Do HMOs work in Swansea? Interview with James Stevens of Fairmile Property Co.
If you've thought about investing in Wales but unsure about whether it would work, this interview will inspire you to find out more. James Stevens of Fairmile property only started 7 years ago but now has a rapidly growing portfolio of HMOs and has completed numerous other projects to boot! He shares his tips and his highs and lows, to help you if you are just starting out, or if you are caught between wanting to scale but concerned about the management of such an endeavour.
November 18, 2020
HMO Success Podcast Episode 31: Why is there a housing boom and should I panic?
Even in the midst of coronavirus, the UK is seeing a massive increase in property prices! Why is this happening and what are the economic reasons behind this boom? Will it last?
I give my thoughts, research and input into this very perplexing state of affairs and shed some light on the three areas which influence the housing market - human psychology and behaviour, government policy, and banking practices.
I'll share my opinions about whether this will last, and what to do if you are investing in property or trying to buy a new home.
November 13, 2020
HMO Success Podcast Episode 30: How to make your HMO refurb tax efficient with cashflow leasing
Cashflow leasing allows you to lease rather than buy certain items which you'll use for your HMO refurb. In this episode, Claire Saunders from cashflow leasing explains exactly how to do this and what tax benefits this can bring for your business.
Claire is an Asset Leasing Specialist.
She is a property trained professionals as well as a finance specialist, and helps Limited Company Professional Investors, to grow their businesses quickly and in a tax efficient way, by leveraging lease finance. She uses her creative thinking to find solutions to assist investors in furnishing and refurbishing their SA's, HMO's, Hotel or Commercial Units.
November 6, 2020
HMO Success Podcast Episode 29: Creating a Paper-Free HMO Business
Many HMO investors find that within just a few months of setting up their business, they are overwhelmed with paper! It can soon become overwhelming if you don't have a way of sorting it out and organising it well. Today I share the podcast with Andy, my fellow investor and husband! He was responsible for implementing the scan-save-shred process which revolutionised our office and allowed us to go from overwhelmed to organised!
We'll be sharing our core secrets here so you can operate a large property portfolio from home - even if you have limited space.