How much it costs to set up and run an HMO
I often get asked how much it costs to set up and run an HMO property.
If you are making an HMO property investment, you want to budget for both setting it up, also for running the HMO once the tenants have moved it.
In this video, we’ll talk about the actual set up cost, meaning those aspects that will be different in a House in Multiple Occupancy compared to a family home. One of these aspects is fire safety, for which you will need fire doors and a fire emergency system.
Then you look at the utilities and management of the property once you have tenants living there.
Let me know in comments below if you want me to make a separate video on renovating an HMO, as in this video we’re not discussing this aspect.
Check out the separate video that I made in more detail about HMO Licensing:
https://youtu.be/n_jsYaI3Kkk
#HMOpropertyinvestment #HMOcosts #setupanHMO
Follow Me On Social Media:
Facebook: https://www.facebook.com/TheSajHussain
LinkedIn: https://www.linkedin.com/in/sajhussain/
Instagram: https://www.instagram.com/thesajhussain/
Twitter: hhttps://twitter.com/TheSajHussain
YouTube: https://www.youtube.com/user/TheSajHussain?sub_confirmation=1
Website: http://www.SajHussain.com/Networking
If you have a question you want me to answer then please put it in the comments section. If you enjoyed this video please do subscribe so that you are notified of more videos just like this.
Get Mentored By Saj:
If you want to achieve your property goals with the support of an experienced property mentor then my Inner Circle Mentoring programme is just what you need. Find out more here: https://www.sajhussain.com/let-me-mentor-you/
Thank you for watching my name is Saj Hussain AKA The Property Joint Venture Expert and Your Partner for Wealth Creation Through Property.
Видео How much it costs to set up and run an HMO канала Saj Hussain
If you are making an HMO property investment, you want to budget for both setting it up, also for running the HMO once the tenants have moved it.
In this video, we’ll talk about the actual set up cost, meaning those aspects that will be different in a House in Multiple Occupancy compared to a family home. One of these aspects is fire safety, for which you will need fire doors and a fire emergency system.
Then you look at the utilities and management of the property once you have tenants living there.
Let me know in comments below if you want me to make a separate video on renovating an HMO, as in this video we’re not discussing this aspect.
Check out the separate video that I made in more detail about HMO Licensing:
https://youtu.be/n_jsYaI3Kkk
#HMOpropertyinvestment #HMOcosts #setupanHMO
Follow Me On Social Media:
Facebook: https://www.facebook.com/TheSajHussain
LinkedIn: https://www.linkedin.com/in/sajhussain/
Instagram: https://www.instagram.com/thesajhussain/
Twitter: hhttps://twitter.com/TheSajHussain
YouTube: https://www.youtube.com/user/TheSajHussain?sub_confirmation=1
Website: http://www.SajHussain.com/Networking
If you have a question you want me to answer then please put it in the comments section. If you enjoyed this video please do subscribe so that you are notified of more videos just like this.
Get Mentored By Saj:
If you want to achieve your property goals with the support of an experienced property mentor then my Inner Circle Mentoring programme is just what you need. Find out more here: https://www.sajhussain.com/let-me-mentor-you/
Thank you for watching my name is Saj Hussain AKA The Property Joint Venture Expert and Your Partner for Wealth Creation Through Property.
Видео How much it costs to set up and run an HMO канала Saj Hussain
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
5 biggest HMO mistakes in property investment | Vlog #010Are HMO’s the way to go? - The Saj Hussain Show - Episode #003Repayment mortgage versus interest only – which is better?How much does it cost to convert a house into an HMO? | HMO Property Investing with Rick GannonFlipping a house for £100,000 profit | Vlog #013How to get your HMO valuation right | HMO Commercial ValuationHMO Property Podcast #21: Sean Ka Shing Cheung, 12 Months, 5 HMOs and 22 Tenants 🎤The BRRRR Strategy UK EXPOSED | The Truth about BRRRRBuy property through a limited company | Buy to Let property investmentBuy to Let mortgages in UK for property investmentFlipping Property versus BRRRR – Which is better?How to set up a serviced accommodation business | Vlog #006HMO project gone wrong | Vlog #004How to make £60,000 profit from HMO rent to rent | Rent 2 Rent Strategy explained | Vlog #014How to find the best tenants for your rental property | For Buy To Let UK LandlordsSetting up a letting agency in the UKHouse flipping UK – explained in 3 stagesShould You Buy Property Now or Wait to Buy UK Investment Property?5 HMO Property Investing Pitfalls | HMO Property Investment Myths Busted